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��14�4575
<br /> DEED �F TRUST
<br /> ��t�ntinued� Page 3
<br /> within twenty �Za� days;ar �2y if the cur�requires mare than twen�y���� days, immediately in�tiates steps which
<br /> Lender daems in Lend�r's s�le discretion to be sufficient to cure tha defau�t and thereafter �ontinues �nd
<br /> completes�II reas�nable and necessary sta�s sufficient ta praduce�vmpliance�as saon as reasanabiy practical.
<br /> RI�HTS AND REMEG�IES QN pE�AULT. LJpan the occurr�nce vf any E►►ent of ❑efauit und�r any indebtedness. or
<br /> should Borrawer or T��s#or fail to campiy with any of Barrawer's ar Trustor'� obli�atinns u�der this ❑eed �f Trust,
<br /> Trustee�r Lender may exercise any one or mare of#he following righ�s and rem�dies:
<br /> Accaleration Upon Defa�ult;AdditiQnal Remedi�s. lf any ��ent of Default �ccurs as p���the t�rm� vf �he Note
<br /> secured here�by, Lender m�y dec�ar� ell Indebtednass secured by this ❑e�d of Trust t� be due �nd payable and
<br /> the same shall thereupan hecome due and payable without any presentment,demand, pr�test or notice of any
<br /> kind. Thereafter,Lender m�y:
<br /> ��� Either in �ersan or by agent, with or withou# bringing any action ar proceeding, or by a receiv�r
<br /> appointed by a cvurt and withaut regerd ta the adequacy of it� s�curity, ent�r up�n and t�k� passessi�n
<br /> of tha PrQperty,ar �ny �art thereof� in its vwn name or in the name of Trustee, and do any acts which it
<br /> deems necessary ar desi�able to preserve the�alua,marketability or ren#ability o�the Prop�rty, or part of
<br /> the Praperty or intgrest �n th� Proper#y; increase the income from the Proparty or protect the security of
<br /> the Property; end. wi#h or without taking pnssessian o# the Prop��#y. sue f�r or otherwise c�llect the
<br /> rent�, issues and prvfits o�the prvperty, including thase past due and unpaid, and �pply the s�me, less
<br /> costs and expenses o�aperatian a�d collection attarneys'fees,to any indebtedness secured by this Deed
<br /> af Trust. all in such Qrder as Lender may determine. The entering upon �nd taking passessian of the
<br /> Property, the collectian, af such rents, issues and profits, and the application thereof shall not cure or
<br /> wai�e any defeult Qr notice �f dafault under this aeed af Trust or in��l�date �ny act done in respanse to
<br /> such default or �ursu�nt tv such no�ice of default; and,notwithstanding the cantinuance in pvss�ssi�n o�
<br /> the �roperty vr the coll�ction, receipt and application Qf rents� issues vr prvfits� Trustee Qr Lender sha��
<br /> be entitled tv �xercise e�ery right pro�ided for in the Note or the Relared C�o�uments or by iaw upon the
<br /> t�c�urrence of�ny e�ent of default,including the right to exercise the pawer of sal�;
<br /> �by Commence an �ction ta�oreclose this Qeed of Trust as � mvrtga�e, appflint a recei�e�r or specifically
<br /> en�orce eny nf the co�enant�hereaf;and
<br /> tc� De�li�er to Trustee a written daclaration of default and demand fvr s�le and a writt�n notice af defaulC
<br /> and e�ect�on to cause Trustor's interest in th� Propert�to be sald, which nvtice Trust�e shall cause to be
<br /> duly f�led�ar record tn the appropriate of#i��s of the C�unty in wh�ch#he Properiy is located; and
<br /> �dy With respact ta a�� or any p�rt o�the Persanal Property, L�nde��hell harre all the rights �nd remadies
<br /> of a seGur�d party under tha N�braska Uniform Cvmmercial Code.
<br /> Fareclosur�by Power af S�le. If Lender e�ects to foreclose by axercise�f tha Pawer of Saie herein containedr
<br /> Lender sha�� notify Trustae and shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br /> �nd e�id�nce of ax�enditures mada and secured by this Deed of Trust as Trust�e may require.
<br /> (a� lJpon recei�t af such notice�from Lend�r, Trustae sha�� cause ta be recvrded, published and.deliwered
<br /> to Trus�or such Notice �f Default and Nvtice of Sale as then required by law and by th�s aeed of Trust.
<br /> Trustae �hal�, without demand on Trustar, after such time as may then be r�quired �y law and af#er
<br /> recordation of such Notica of Qefault and after Notice of �aie ha�ing been �i�en as r�quired by law,se�f
<br /> the Property at the tim� �nd pl�c� of sale �ixed by it in such N�tice af Sele. �ither as � whole� or in
<br /> separate lots rsr parcels �r items as Trustee shall deem expedient. and irt such order as it may determine,
<br /> at public auction to th� highest bidder for cash in lawful money of the Un�ted States payah#� at the time
<br /> of sale. Trustee shall deli�er to such purchaser ar purchasers thereof its good and sufficient deed or
<br /> deeds con�aying th� proparty so soldr but withQut eny c��enent or warranty, express or �mplied. The
<br /> recit�ls in such deed vf any matters or facts �hall be conclusi�e proof of the truthfulness thereo�. Any
<br /> person, including withaut limitatian Trustor,Trustee,ar Lender,may purGh��e st such sale.
<br /> �hy As may be permitted by law, after d�duct�ng eI! casts, f�es and expenses of Trustee and o� this
<br /> Trust. including costs of e�id�nc�v#title in cannectivn with sale.Trustee shall app�y the pr�ceeds o�sale
<br /> to paymant of {iy ell sums exp�endad under the terms of this Deed af Trust vr under the terms vf�he Note
<br /> nat then repaid, in��uding but not �imited ta accrued interest and late charges, �i�� �II other sums #hen
<br /> secured hereby,�nd {iii}the remainder, if an�,to the persan or pe��ons I�g�lly entitled thereto.
<br /> �cf Trustea may in�he ma�nner pro�ided by law postp�n�sale af a!�or any�ortion of the Property.
<br /> R�m�dies Not Exc�usi�a. Tru�tee and �.ender, and each nf them, shall be �ntitled �o enforce p�yment and
<br /> p�r#vrman��of any ind�btedn�ss vr vbligations secured by th�s ❑eed Qf Trust and to exerci�e�I�rights and po►n►ers
<br /> under this Deed of Trus�, under the NQte, under �ny of the Rela#ed Docum�nts, ar under any ath�r agreem�nt or
<br /> any iaws now or hereafter in '�orce; notwithstanding, some or alf �f such ind�btedness and obli�ations secured by
<br /> this Deed vf Trus# mey nc�w or hereafter be o'therwise secured� whether by mor#ga��, deed af trust, pledge, lien,
<br /> assignment or atherwis�. Neither the acceptance of this ❑aed of Trust nor �ts enforcement, wheth�r by court
<br /> act�an or pursuan�to the p�vw�r �f sale or other powers contained in this ❑eed of Trustr shall prejudics �r in any
<br /> manner affect Trustee's vr Lender's right tv reaE��e upon ar enforce any other se�uri�y n�w vr hereafter hsld by
<br /> Trustee or Lender, it being agreed that Trustee and Lender, and each of them,shall be entitled to enforce this Deed
<br /> of Trust and any other se�urity now or hereaftar held by Lender ar Trustee in such ard�r and manner as they or
<br /> either of them may in their ebsoEut� di�cr�t�Qn determine. No remedy conferred upvn ar reser�ed tv Trustee ar
<br /> Lender, is intended#0 1�e �xclusi�e o#�ny other remedy in this �eed o#Tru�t or by law pravid�d or permitted, but
<br /> eaah shall be cumul�ti�e and shalf be in �ddition ta e�ery other remedy gi�en in this C�eed of Trust or now or
<br /> hereafter existing at �aw or in equity or by statute. E�ery power or remedy gi�en by the Note or any of the Related
<br /> Documents t� Trust�e or Lender or to which either of them may be otherwise entitled, may be exercised,
<br /> concurrently or independentiy, from time to time and as aften as may be de�med expedient by Tru�tee or L.ender,
<br /> and either of them may �ursue incvnsistent remedies. Nvthing fn this Daed o� Trust sh�ll be cvnstrued as
<br /> prohibitrn� Lend�r frvrn s�eking a deficiency judgment against the Trustor to the ext�nt such action is permitted by
<br /> law.
<br /> Election of R�medie�. All o�f Lender's rights and remedies will be cumulatiue �nd may be exer�ised �lone vr
<br /> t�g�ther. If Lendar decides to spend money or t� per#orm any vf Trustor's o�bli�at�on� under thi� �3�ed of Trust,
<br /> after Trustor's failure t4 do sv, th�t d�cision by Lender will not aff�ct Lender's right to decl�re Trustar in d�fault
<br /> and tv exercise Lender's r�madies.
<br /> R�quast fvr No�tica. Trustor,on beha�#of Trustor and Lender,hereby�equests that a eopy af any Noti�er of aefault
<br /> and � copy of�ny Not�ce of Sale un�er this Qeed �f Trust be m�ilad to th�m at the �ddresse�s set forth in the first
<br /> par�graph a�f this ❑ee�d of Trust.
<br /> Attorneys' Fees; Expenses. If Lender institutes any suit or action t� enfarc� �ny af the terms af this Deed at
<br /> Trust, Lender shall be entitled ta recvWer such sum as the Gourt may adjudge reasvnable as attorneys' fees at tria�
<br /> and upan any appe�l. Wh�ther or not any oourt action is in�al�ed, and to the extent not pr�h�bited by law, a!�
<br /> reason�ble exp�nses Lender incurs that in Lender's opinion are necessary at any time fvr the prvtection of its
<br /> interest ar the en�nrcement of its rights shall become a part�f the indebtedne�ss payable vn dem�nd and shall bear
<br /> interest at the Nnte r�te from th� date of the expenditure until rspaid. Expenses co�ered �y this paragraph include.
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