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<br /> ��14�5543
<br /> aEEv �F T�usT
<br /> L�an No: 'l�'127�97� .{��ntinued� Page 7
<br /> 4b} Cammence an ac�ian t❑t�reclose�his D�ed o�Trus�as a mor�gag�, appoint a recei�er or speci�ically
<br /> enforce any af fihe cv�enan�s hereof; and
<br /> 4�� ❑eli�er�k❑Trust�e a written declara�ian o�defiaul�and demand fvr sale and a wri���n notice ❑f default
<br /> and electivn to cause Trusfior's interes�in the Praperty fio be sold, which natice Trus��e shaEE cause�0 1ae
<br /> dufy�iled for record in the appropriate❑�fices of the Coun�y in which the Praperty is lacated; and
<br /> �d} Vllith respect to a!1 or any part��the Persona[ Proper�y, Lender shall ha�e af!fihe rights and remedies
<br /> o�a se�ured party under fihe Nebraska LJniform �ommercial C�de.
<br /> Fvreclvsure by Power of 5ale. If Lender e[ects ta fnreclose by ex�rcise o�F the Power af Sa1e herein �ontained,
<br /> Lender shall nvti�y Trustee and shall deposit wi�h Trustee this Deed vf Trus� and the Note and such receipfis
<br /> and e�idence o-�expenditures made and secured by this Deed ❑f Trus�as Trustee may require.
<br /> �a� Upon receip�of such nafiice �rom Lender, Trust�e shall cause�o l�e recorded, published and deli�ered
<br /> �o Trus�or such Notice ❑f l�efauit and No�ic� of Safe as then required by iaw and by this ❑eed of Trus�.
<br /> Trustee shall, with�ut demand on Trustar, after such �ime as may then be required by law and afker
<br /> re�vrdativn of such No�ice o-� ❑�fault and af�er No�ice �f Sale ha�ing �een gi�en as required by law, sell
<br /> fihe Property at the time and place of sale fixed by it in such No�ice o� Saie, either as a wh�le, or in
<br /> separa�e lo�ts ❑r parcels ❑r items as Trus�ee shall deem expedient, and in such order as it may d�termine,
<br /> a� public auct�on �a the highest bidder for cash in Iawful money o�the Uni�fied States payable at the t�me
<br /> o� sale. Trustee shall d�li�er �❑ such purchaser ❑r purchasers therea� its good and sufficien� deed ❑r
<br /> deeds con�eying the praperty so sold, bu� without any cv�enant or warranty, express or implied. The
<br /> �-ecitals En such deed of any mat�ers ❑r fa��s shaii be canclusi�e proof ❑fi the truthfuEness fiherev�F. Any
<br /> persvn, incEuding withvut limi�a�ivn Trustor,Trus�ee, ❑r Lender, may purchase afi such sale.
<br /> �b} As may be permitted by law, aft�r deducting all cos�s, fees and expenses n� Trus�ee and of �his
<br /> � Trust, in�luding costs❑f e�idence ❑f tifile in�onnec�ion vuith sa[e,Trus�ee shall apply�he proceeds of sale
<br /> �o paymen�❑f {iy all sums expended under th�t�rms❑�th�s L�eed ❑�Trust or unde�-the terms o�f the Note
<br /> na� then repaid, including bu� not limi�ed to accrued in�erest and lafie charges, �ii} all ather sums fihen
<br /> secured hereby, and {iiiy th� r�mainder, if any,�o�he person vr persans legal[y�nfii�led�hereto.
<br /> {cy Trus�ee may in the mannsr prvWided by law postpone sale ofi all or any par�tion o�F�fihe Property.
<br /> Remedies Not Exclusi�re. Trusfiee and Lender, and each of �hem, shall be enfiifiled fi❑ enforce payment and
<br /> perf�rmance of any indelafiedness or ohliga�ions secur�d by fihis ❑eed of Trus�and to exer�ise a!i righ�s and powers
<br /> under �his Deed of Trust, under the Note, under any ❑f the Re�ated Do�uments, vr under any ❑�her agreement ❑r
<br /> any laws now or hereafker in #or�e; notwi�hs�anding, some or all of su�h indebtedness and obiigatians secured �y
<br /> fihis Deed of Trus� may now or hereafter be otherwise secured, whethe�- hy mortgage, deed o#trust, pledge, lien,
<br /> assignment or otherwise. Ne�fiher fihe accep�ance a�f this Deed ❑f Trust nor its �n�orcemen�, whe�her by court
<br /> actE�n or pursuan�to �he po�rver of sale or �ther pawers cvntained in this Deed ❑f Trust, shall prejudice ❑r in any
<br /> manner affi�ct Trustee's or Lender's righ� to reali�e upon or enforce any ❑fiher securi�y now ❑r herea�ter held by
<br /> Trustee or Lender, �t being agreed that Trustee and Lender, and each of them, shall be entitled�t❑enfor�e this Deed
<br /> o�Trust and any v�her security now or hereafter held by Lender or Trus�ee in such �rder and manne�- as they v�
<br /> ei�her �� �hem may in �heir absafute discreti�n d�termine. No �emedy conferred upon ❑r reser�ed �o Trustee vr
<br /> Lender, is intended to be exclusi�� ❑�f any ❑ther �emedy in this aeed of Trusfi vr by law proWided ❑r permitted, bu�
<br /> each shall be cumulati�e and shall be in additi�n tv every ❑�her remedy gi�en in this Deed ❑�f Trust �r now or
<br /> hereafter existing a�!aw�r in equi�y�r by s�a�u�e. EWery power❑r remedy giWen by fihe No�e❑r any❑f the Re[ated
<br /> D�cuments �o Trus�ee ❑r Lender ❑r to whi�h either ❑f them may 1�e ❑�herwise �nti�led, may be exercis�d,
<br /> cvncu�rently vr independen�ly, �ram �ime�o �ime and as often as may be deemed expedient by Trustee vr Lender,
<br /> and either of �hem may pursue in�onsist�nt remedies. Nothing in this Deed ❑f Trusfi shall be construed as
<br /> prahibiting Lender�rom seeking a de�Fciency judgmen�against the Trustvr fio the ex�ent such activn is permitted hy
<br /> iaw.
<br /> Erectian o� Remedies. Af� o# Lender's righ�s and remed�es will be cumula�i�e and may be exercised alone or
<br /> together. lfi Lender decides �❑ spend money ar to perfarm any of Trusfior's o�aligati�ns under �his ❑eed of Trust,
<br /> after Trus�or's �ailure fio do so, that decisi�n by Lender will not a��ect Lender's rEght�� declare Trustor in default
<br /> and to exercise Lender's remedies.
<br /> Reques��or No�ice. Trusfior, on behalt of Trustor and Lender, hereby �-eques�s that a copy of any NatFce vf Defaul�
<br /> and a copy af any No�ice of Sale under�his ❑eed of Trust be maifed to them at the add�esses se���rth in the first
<br /> paragraph❑f�his Deed ❑f Trust.
<br /> At�orneys' Fees; Expenses. If Lend�r insti�u�es any suit �r action to enfvrce any ❑� �he terms ❑f this Deed ofi
<br /> Trus�, Lender sha�l b� �nti�l�d�o reco�er such sum as the court may adjudge reasanalafe as attorneys' fees a�trial
<br /> and upon any appeal. 1lVh�ther or nat any cvur� action �s inWal�ed, and to the ext�n� not prahibited by law, all
<br /> reasonable expenses Lender incurs that in Lender's opinion are necessary a�k any fiime far the pro�ect�on ❑f Ets
<br /> in�eres�ar fihe enfvrcemen�❑�its righ�s shall be�ome a part vf�he Indebtedn�ss payahle on demand and shall hear
<br /> in�erest at the No�e rate from the da�te❑�the expend�ture untif repaid. Expenses co�ered hy�his parag�-aph include,
<br /> wi�hau� limitation, howe�er sul�ject t� any limits under applicab�e law, Lender's a�ttorneys` �ees and Lender's legal
<br /> expenses, whe�her or no� �here is a lawsuit, including attorneys' fees and expenses f�r bankrupt�y praceedings
<br /> �including effvrts to modi�fy or�aca�e any automati�s�ay❑r injuncfiion}, appea[s, and any anfiicipa�ed post-judgment
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