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��14�45�7
<br /> �EE� �F -r�u�T
<br /> ��a�tinu�d� Pag� 3
<br /> Borrower vr Trustor.
<br /> E�ents Af�ecting Guarantor. Any of the preceding e�ents occurs with respect to any guarantor, endorser, surety,
<br /> �r accomm�dation party of any of the Indebtedness or any guarantvr, endorser, surety, or accommoda�ion party
<br /> dies �r �aecomes incompetent, or re�okes or disputes the �alidity vf, �r �iahility under, any Guaran�y of the
<br /> Indebtedness.
<br /> ►�d�erse Change. A mater�al ad�erse change occurs in gvrrower's or Trustor's financial �ondition, or Lender
<br /> befie�es the prospe�t of payment or performance of the Indebtedn�ss is impaired.
<br /> Inse�uri�y. Lender in gaod fai�h belie�es itself insecure.
<br /> R�GHTS AND REII�EDIES �N DEFAULT. lJpon the occurren�e v� any E�ent of Default under any indebtedness, ��
<br /> should Borrower �r Trustor fai� tv comply with any of Borrower's �r Trustvr's obligations under �his Deed of Trust,
<br /> Trustee vr Lender may exercise any�ne��more of the fa�la�rving rights and remedies.
<br /> A�ce[era�ion L�p�n De�a�uit: Addi#iona� Remedies. If any E�ent o� De�ault�ccurs as per the terms of th� N�te
<br /> secured hereby, Lender may declare al[ [ndebtedness se�ured by this Deed of Trust�o be due and payable and
<br /> �he same shall ther-eupon becom� due and payat��e v►►ithout any presentment, demand, prvtest vr nofi�ce of any
<br /> kind. Thereafter, Lender may:
<br /> �a} Eith�r in person �r by agent, with or without bring�ng any action or proceeding, or by a r�cei�er
<br /> appointed by a court and with�ut regard tv fihe adequacy of i�s se�urity, enter upon and take possession
<br /> vfi th� Proper�y, ar any part ther�of, in its vv�rn name or in�he nam� Qf Trustee, and dv any ac�s which it
<br /> deems necessary�r desirable tv preser�e the value, marketabili-�y or rentability vf�he Properfy, or part of
<br /> the Praperty or in�erest in the Property; increase the income �rrvm the Property o� pr�tect the security of
<br /> the Property; and, with or without �aking possessian af the Property, sue for or otherwise cvllect the
<br /> rents, issues and prafits o�the Prvperty, including �hose pas� due and unpaid, and app�y th� same, less
<br /> costs and expenses of aperativn and cvilection a#tQrn�ys' fees, to any indebtedness secured by this Deed
<br /> o�F Trust, all in such �rder as Lende� may determine, The entering upon and taking possession o� the
<br /> Property, the collection ❑f such rents, issues and profits, and the applica�ion �hereof shall nvt �ure ar
<br /> wai�e any default�r notice nf default under th�s ❑eed o�Trust or in�af�date any act dvne in response tv
<br /> such defaul�vr pursuan�tv su�h noti�e of default; and, notwiths�anding the cont�nuance in p�ssess�on a�
<br /> the Property or th� co[[�ction, rece�pt and application of rents, issues or prafi�s, Trustee or Lender shall
<br /> be entitled to �xercise eWery righ�t pr��ided for in the Nvte or#h� Related Documenfis or by [aw upon the
<br /> ac�urrence a�any even�of defau[�t, including the right t�exercise the power af sa[e;
<br /> {b} Commence an activn tv fvreclose th�s Deed of Trust as a m�rtgage, appoint a receive�-or specifi�ally
<br /> en�orc� any af the cv�enants hereflfi; and
<br /> �c} ❑el��er to Trustee a written d��laration�f defau[t and demand for sale and a wr�tten nvtic� �f de�ault
<br /> and election to cause Trustor's interest�n the Pr�perty to be sold, which n�tice Trustee shafl cause t� be
<br /> duly f��ed for re�ord in the appropriate offices v�f the C�unty in which the Property is f�cated; and
<br /> 4d� 1lVi�h respect to al[ �r any part af the Personal Property, Lender shall ha�e all the righ-ts and remedies
<br /> o�a secur�d party under the Nebraska lJnifvrm Commercial Cvde.
<br /> Fore�losu�e by Pow�r of�a�e. If Lender elec�s to fvreclvse by exercise v�f the Power of 5ale h�rein cantained,
<br /> Lender shall notify Trust�e and sha[[ deposit with Trus�ee this Deed af Trus� and th� Nate and such re�e�pts
<br /> and e�idence vf expenditures made and secured by this ❑eed af Trust as Trustee may require.
<br /> �a� Upon r�ceipt of such n�tice #rom Lender, Trus�ee shail cause ta be recorded, publish�d and delivered
<br /> t� Trustor such No�ic� of De�aul� and Notice ❑f 5a[� as then requ�red by !aw and by this D�ed of Trust.
<br /> Trustee shal[, withvut demand vn Trustvr, after such time as may then be required [�y iaw and af�er
<br /> recorda�ion �f such Na�ice of D�faul� and a�ter Nvti�e vf Sale ha�ing �aeen given as required by �aw, seli
<br /> the �rvperty at the time and place o�r sa�e fix�d by i� in su�h Notice of Sa[e, either as a whole, or in
<br /> separate [ofis vr parcels �r items as Trustee shall deem expedient, and in such vrder as �t may determine,
<br /> at public auc#ian to �he highes� bidder fior cash in lawful mvney of the Un��ed States payable at the time
<br /> of sale. Trus�ee shall deli�er to such purchas�r or purchas�rs thereaf its g��d and suffici�nt de�d ar
<br /> deeds cQn�eying the pr�p��-ty s� svld, t�ut without any co�enan-t or warranty, express or implied. The
<br /> recita�s in such deed of any matters or facts shall be canclusi�e proo# of the truthfulness therevf. Any
<br /> persan, including wi�hvut Cimitation Trustor,Trus�ee, or Lender, may purchase at such sale.
<br /> �b� As may be permit�ed by law, after deducting al! �osts, fees and expenses vf Trustee and of this
<br /> Trust, including costs of e�id�nce of title�n conne�ti�n with sal�,Trustee sha[� app�y the prviceeds vf sale
<br /> �o payment of �i� all sums expended under the terms af this Deed�f Trus�or under the terms of the Note
<br /> not then repaid, including but not limited to accrued in�eres� and late charges, �ii� all other sums then
<br /> se�ur�d hereby, and �iii� the r�mainder, if any,t�the person or persons legally�nt�tled theret�,
<br /> �c} Trustee may in the manner pro�ided by law postpone sale of a��o�any port��n vf the Property.
<br /> Remedies Nvt Exclusive. Trustee and Lender, and each �f them, shall be �ntitled to enf�rGe payment and
<br /> performance �f any�ndebtedness or obf�gativns secured by�his Deed of Trust and to exercis�all rights and powers
<br /> under fihis Deed of Trust, under the Note, under any af the Related ❑vcuments, or under any a�her agreement or
<br /> any [aws now or herea��er in fiorce; nvtwithstanding, some or all of such indebtedness and vb[igativns s�cured by
<br /> �his Deed �f Trust may nav+r or h�reafter [�e otherwise secured, whether by mor�gage, deed o�trust, pledge, lien,
<br /> assignment or otherwise. Neither �he acceptance of �his Deed of Trust nor its enforcement, whether by court
<br /> act�on or pursuant to the pawer vf sa�e or other powers cvntained in this Deed o�Trust, shal� prejudice or in any
<br /> manner affect Trust�e's or L�nder's right to realize upon ar �nf�rce any other security nvw vr hereafter he�d by
<br /> Trustee or Lend�r, it being agreed�hat Trustee and Lender, and each of�hem, shal! he entitl�d�o enfarce�his Deed
<br /> af Trust and any other security now ar hereafter held by Lender or Trustee in such vrder and manner as they or
<br /> either �� them may in their abs�fute discretion determine. No remedy conferred up�n or reser�ed to Trustee vr
<br /> Lender, is intended tv be e�cc[usi�e af any vther remedy in th�s Deed �f Trust or by law prav�ded vr permitted, but
<br /> ea�h shall E�e cumuiati�e and shall �� �n addition �o e�ery o�her remedy gi�en �n this aeed of Trust or now or
<br /> herea��er existing a�t law ar in equity or by statute. E�e�y pvwer vr remedy gi�en by th� N�te or any of the Related
<br /> ❑�cumen�s to Trustee or Lender or to wh`rch either o� them may be othervvise ent��led, may be exercised,
<br /> concurrently or independently, from time to time and as often as may be deemed expedient by Trus�ee or Lender,
<br /> and either �f them may pursue inconsisten� remedies. Nathing in �his Deed of Trust shall he construed as
<br /> prohibiting Lender�rrom seeking a d�fic�en�y judgment against the Trust�r tv the�xten�such action is permitted hy
<br /> iaw. Elec�ion by Lender to pu�rsue any remedy shal! n�t exclude pursuit of any vther remedy, and an election �o
<br /> make �xpenditures or to take action to perform an oblEga�ian of Trustor under this Deed of Trust, after Trus�or`s
<br /> failure to perfarm, sha�� nvt affect Lender's right to declare a defau�t and exercise its remedies.
<br /> Request�or No�ice. Trustor, on hehal�of Trustor and Lender, hereby requests that a copy o�any Nofiice o�F C7e�aul�
<br /> and a copy of any Nvtic� of Sale under�his Deed of Trust be maifed to�h�m a�the addresses set for�h in the first
<br /> parag�aph of this Deed of Trust.
<br /> At�orneys' Fee�: Expenses. If Lender institutes any su�t or action to enf�rce any ofi the t�rms Qf this De�d vf
<br /> Trust, Lender sha�! be entitled t❑ recover such sum as the court may adjudge reasvnable as attarneys' fees at trial
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