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19. Acceleration Upon Default & Additional Remedies: Should an event of default occur, <br />Lender may declare all indebtedness secured hereby to be due and payable and the same <br />shall thereupon become due and payable without any presentment, demand, protest, or <br />notice of any kind. Thereafter, Lender may: <br />2 05 <br />Either in person or by agent, with or without bringing any action or proceeding or <br />by a receiver appointed by a court and without regard to the adequacy of trust <br />property, enter upon and take possession of the Property, or any part thereof, in <br />Lender's own name or n the name of the Trustee, and do any acts which Lender <br />deems necessary or desirable or preserve the value, marketability or rentability of <br />the Property, or any part thereof, or interest therein; increase the income therefrom <br />or protect the trust property thereof, and with or without taking possession of the <br />Property, sue for or otherwise collect the rents, issues and profits thereof, <br />including those, past due and unpaid, and apply the same, less costs and expenses <br />of operation and collection, including attorney's fees, if permitted, on any <br />indebtedness secured hereby, all in such order as Lender may determine. The <br />entering upon and taking possession of the Property, the collection of such rents, <br />issues and profits and the application thereof shall not cure or waive any default or <br />notice of default hereunder, or invalidate any act done in response to such default <br />or pursuant to such notice of default and, notwithstanding the continuance in <br />possession of the Property or the collection, receipt and application of rents, issues <br />or profits, Trustee or Lender shall be entitled to exercise every right provided for <br />in the DOT or Note, or by law on occurrence of any event of default, including the <br />right to exercise the Power of Sale; <br />Commence an action to foreclose this DOT as a mortgage, to seek deficiency on <br />the indebtedness after foreclosure, to appoint a receiver, and to otherwise <br />specifically enforce any of the covenants or provisions hereof; <br />c) Deliver to Trustee a written declaration of default and demand for sale, and a <br />written notice of default and election to cause Borrowers' interest in the Property <br />to be sold under the Power of Sale contained herein, which notice to Trustee shall <br />cause to be duly filed for record in the appropriate official records of the county <br />where the trust property is located, all to the extent required by applicable law. <br />Neither the Lender nor Trustee is obliged to give the Borrowers any written <br />notice, upon the election of the Power of Sale, except the statutory "Notice of <br />Default" required by Neb.Rev.Stat. 76 -1006; and, no language in this DOT shall <br />be interpreted to the contrary. <br />d) Expend such sums as Lender deems necessary to protect the Property and cure any <br />default of the Borrowers; <br />e) Exercise all rights and remedies available to Lender under the Nebraska Trust <br />6 <br />