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<br /> � ��14�44�3
<br /> DEED C]F TRLJS�`
<br /> ��ontinued� Page 5
<br /> proceeding, self-hefp, repassession ❑r any ather method, by any credi�or af Trustvr or by any go�ernmental agency
<br /> a�ainst any prvperty securing the Indebtedness. This includes a garnishment vf any o� Trustvr`s a�coun�s,
<br /> including deposit accoun�s, with Lender. Howe�er, this E�ent vf Default shall not appfy if there �s a gvad faith
<br /> dispu'�e by Trustor as to the �alidity ar reasonableness of the claim which is the basis vf the creditor or farfeiture
<br /> proceeding and i# Trustor gi�es Lender written na�ice o� the credit�r or �orfeiture proceeding and deposi�s with
<br /> Lender monies ❑r a surety bond �ar the �redi�or or#o�feiture proceed€ng, in �n amount deterr-r�ined by Lender, in its
<br /> sole d�scretian, as being an �dequa�te reser�e or bond�or th�dispute.
<br /> Breach of�ther Agreement. Any breach by Trustor un�ler the terms vf any other agreemen�between Trustor and
<br /> Lender that is nat remedied wi�hin any grace period pra�ided therein, including wtthaut �imi�ation any agreement
<br /> �ancerning any indebtedness ar other obligation o�Trus�or to Lender, whether existing novu ❑r�ater.
<br /> Ev�nts.A�fecting Guarantvr. Any ❑f�he preceding e�ents accurs w�th respect t❑ any guaran�ar, endarser, surety,
<br /> or a�commodation party �� any ❑f the [ndebtedness or any guaran�or, endarser, surety, or accommvdation party
<br /> dies vr be�vmes incompeten�, or re�akes ❑r d�spu�es �he �alidity a�, ❑r liabi��ty under, any Guaranty ❑f the
<br /> [ndebtedness.
<br /> Adverse ChaRge. A material ad�erse change occurs in Trustvr's financ�al conditi�n, ❑r Lender belie�es the
<br /> prospect of payment ar perfiormance o�the Ind�btedness is impaired.
<br /> [nsecurity. Lender in gaod faith bel�e�es itsel�insecure.
<br /> Right�a Cure. l�any de�au[�, other�han a default �n payment is curable and if T�ustor has not been g��en a nvtice
<br /> o�a breach❑f�he same pro�ision af this �eed of�rus�within the preceding twelve ��2} manths, i� may be cured i�
<br /> Trustar, after Lender sends written notice to Trustor demanding cure of su�h defau�t: {1 y cures the default within
<br /> thirty �3�� days; ❑r ��} �f the �ure requires more �han thirty �3�3 days, immed�atefy init��tes steps which Lender
<br /> deems in Lender°s safe discretion �a be sufficient �o cure the d�fault and thereafter continues and comple�es a�I
<br /> reasonable �nd nec�ssary steps su��i��ent t❑ p�oduce camp[iance as soon as reasanably praGt�cal.
<br /> RIGHTS A1VD REN�EDIES aN DEFAULT. �f an E�ent af ❑efault❑ccurs under this �3eed of Trust, at any fiime �hereafter,
<br /> Trus�ee�r�.ender may exercise any ane or rr�ore❑�the following rights and remedies:
<br /> A��eteration Upon [3efau[t; Additivna[ Rerr�edies. lf �ny E�ent ❑f Defau�t vc�urs as per the terms ❑f the Nnte
<br /> secured hereby, Lender may declar� a�� Inde�tedness secured by this ❑eed o�Trust to be du� and payab(e and
<br /> �he same shall thereupon become due and payab�e wi�hout any presentment, demand, protest❑r notice of any
<br /> kind. Thereaf�er, Lender may:
<br /> {a} Ei�her in person ❑r by agen�, with vr withoufi bringing any ac�ion o� proceed�ng, or by � recei�er
<br /> appointed by a �ourt and without regard to the adequacy o� its sec�ri�y, en�er upon and take possessian
<br /> o�the Property, ❑r any part�her�of, in its own name ❑r 'tn the name of Trustee, and do any acts which it
<br /> deems necessary ar desira�le ta preser�e the �a[ue, marketability or rentability of the Property, or part❑�
<br /> the Property or in�erest in the Property; increase the incvme from the Property �r pro�ec�the security v�
<br /> the Proper�y; and, with or without taking passession af the Property, sue fvr or vtherwise c�llect the
<br /> rents, issues and profits of the Property, including �hase p�st due and unpaid, and apply the same, �ess
<br /> casts and expenses of operation and �ollection attorneys' fees, to any indebtedness secured by this Deed
<br /> ofi Trust, all in such ❑rder as Lender may determine. The enter�ng upon and taking passession of the
<br /> Property, the collection flf such rents, issues and prafi�s, and �he applicatinn thereaf shall na� cure or
<br /> waz�e any d�fau�t or notice of de�ault under this Deed of Trust ❑r in�alidate any a�� done �n response to
<br /> such default vr pursuant to such notice vf default; and, notwithstanding the continuance in possession vf
<br /> the Property or the cal�ection, receipt and applica�ian o# rents, issu�s or pr��its, Trustee or Lender sha�{
<br /> �e �n�;��eci �❑ 0k�:'CiSC: ev�ry� ri�gn� prc�viaed �or i� �he ��oic r�r t�e r�eiaEeo �ocumer��s �r o�,� lav� up�n t�e
<br /> occurrence ❑f any e�ent vf de�auft, including the right ta exercis�the power of sale;
<br /> �b} C�mmen�e an actian to �orec�os� this Deed of Trust as a mortgag�, appoint a re�ei�er or specifi�alfy
<br /> enforce any❑f the co�enan�s her�of; and
<br /> �c} Deli�er to Trust�e a written decfaration of default and demand #or sale and a written notiCe of de�ault
<br /> and electian to cause Trustor`s �nterest in the Property ta be sold, which no�ice Trustee shall cause tv b�
<br /> duly filed fvr recard in the appropriate of�ices of�he County�n which the Praperty is lo�a�ed; and
<br /> �d� With respect t❑ a[1 or any parfi af the Persvnal Praperty, Lender shall ha�� all the righ�s and rem�dies
<br /> vf a secured party under the Nebraska Unif�rm Commercia� Code.
<br /> Forec[osure hy Power of Sale. If Lender e�ects to foreclose by exerGise vf the Pvwer af 5ale herein contained,
<br /> L�nder shafl natify Trus�ee and shall deposit with Trustee this Deed ❑f Trust and the fVo�e and such receipts
<br /> and e�idence ❑f expenditures made and secured by this Deed o�Trust as Trustee may require.
<br /> �a� Upan receipt v�such notice #rom L�nder, Trustee shall cause to be recorded, puhlished and deli�ered
<br /> fia Trust�r such Notice a� ❑efault and Notice of 5ale as then required by law and by this Deed of Trust.
<br /> Trustee shal[, without demand on Trustor, after such time as may then be required by law and after
<br /> recardation af su�h N�tice vf ❑e�ault and after No�ice of Sa1e ha�ing �een gi�en as �equired by �aw, sell
<br /> the Property at the time and place vf sale fixed �y �t in such lVotice o# Sa[e, either as a wha[e, or in
<br /> separate lo#s or parceis or i�ems as T'rustee shaf� deem expedient, and in su�h ❑rder as it may determine,
<br /> at publi� auctivn tv the highest bidder for cash in lawful money of the United 5tates payab�e at the time
<br /> of sale. Trustee shall deli�er t❑ such purchaser or purchasers thereof its good and suffic�ent deed ❑r
<br /> deeds �on�ey�ng the prvperty so svld, but without any ca�enant or vuar�anty. exp�ess ❑r implied. The
<br /> recitals in such deed of any matters or facts shall be conclusi�e prvof vf the truthfulness therevf. Any
<br /> person, including wifihout lim�tation T�ustor,Trustee, or Lender, may purchase at su�h sa�e.
<br /> �b} As may be permitted by law, after deduct�ng all costs, fees and expenses of Trus�ee and ❑f �his
<br /> Trust, including �osts��e�iden�e af title in cannectian w�th sale,Trus�ee shall app�y the prviceeds❑f saie
<br /> to payment❑� {i} all s�.�m� �xpende�i under thp te�:�n��f th:s ���:c�c��r�!s?�r a�Cwr�h� ic:�:��af�he ;���e-
<br /> nat then repaid, including bu� nvt [imited to accrued interes� and [ate charges, ��iy a!f other sums then
<br /> secured hereby, and {iii� the remainder, if any, to the persan or persons legally�ntitled there�o.
<br /> {c� Trustee may in the r�anner pro�ided by favv postpone sa�e of alf or any portion o�the Proper-ty.
<br /> Remedies Na� Exc[usi�e. Truste� and Lender, and each of them, shall be �ntitl�d �❑ en#orce payment and
<br /> performance of any indehtedness ❑r❑bligations secur�d by this Deed v�Trust and�o exercise all rights and pov►rers
<br /> under this Deed ❑f Trust, under the Note, unde� any vf the R�[ated Documents, o� under any other agreem�nt ar
<br /> any laws now or hereafter in force; notwithstanding, same ar all of such indebtedness and vb[igat�ans secured by
<br /> this Deed o�Trust may now or hereafter be otherwise secured, whether by martgage, deed of trust, piedge, lien,
<br /> assignment ❑r otherwise. Nei'�her the acceptance ❑� this Deed ❑f Trust nor its enfvrcement, whe�her by caurt
<br /> activn or pursuant to the power ❑f sale ❑r vther powers contained in this Deed of Trust, shall prejudice or in any
<br /> manner affe�� Trustee's ar Lender's r�ght t❑ reafize upon or enfvrce any ❑the� security now or herea�ter held by
<br /> Trustee ❑r Lender, it being agreed that Trustee and Lender, and each of them, shall be enti�led ta enfarce this Deed
<br /> ❑� Trust and any other security naw or hereafter held by Lender or Trustee in such ❑rd�r and manner as they or
<br /> either ❑f them may �n their absalute discretion determ�ne. N❑ remedy conferred upon ❑r reserWed �o T�us�ee or
<br /> Lender, is intended t❑ be exclusi�e ❑f any v�her remedy in this aeed of Trust vr by law pro�ided or permitted, but
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