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��14��739
<br /> ❑���a o� -rRu�T
<br /> ��ontinue�� Page �
<br /> �inancia! cond�tian. �B} Trustor does not mee�the repayment�erms of�he Credit Agreement, �C} Trustor's actian or
<br /> inact�an ad�erseiy affects the col�a�eral vr Lender's righ�s in the cailateral. This can �n�lude, �ar example, failure fio
<br /> maintain required insurance, was�e or destructive use ot�ne dw�lfing, failure�a pay taxes, death af a�l persons liable on
<br /> �he account, trans�er of �itle ar saie of �he dwelling, creation of a senior �ien �n �he dwelling w��hout Lender`s
<br /> permission,foreclosure by�he ho�der ofi anothe�-lien,or the use a�funds or the dwe�ling for prohibi#ed purposes.
<br /> R�GHTS AND REMEDf�S 4N DEFAULT, If an E�en�of Defiault occurs unde�this Deed of Trus�, a�any t�me thereafter,
<br /> Trustee or Lender may exercise any one or more of the�ollowing righ�s and remedies:
<br /> � Acceleration �pon Default; Additional Remedies. If any E�ent a€Default occurs as per the terms of the Cr�di�
<br /> Agreement secured hereby, L�nder may declare al� Indebtedness secured by this Deed a�Trus�ta be due and
<br /> payable and the same sha[I �hereupon be�ome due and payable without any presen#ment, demand, protes#or
<br /> notice o�any kind. Th�reaf�er, Lend�r may:
<br /> �a} Ei#her in pe�son or by agent, with or w�thout bringing any ac�ian or proce�ding, or by a recei�er
<br /> appointed by a court and withaut regard to the adequacy of i�ts security, enter upon and take poss�ssion
<br /> ofi the Property, or ar�y part thereo�, in �'�s own nam�or in the name of Trustee, and do any acts which i#
<br /> deems n��essary or desirabfe to preserve the�alue, marketab�li�y or ren�ability of�h� Proper�y, or pa�t of
<br /> the Property or interes�in the Prope�y; increase the �ncome fram �he Proper�y or protect the securi�y ofi
<br /> the Propet�y; and, with or without tak�ng possession of th� Praperty, sue far or otherwise collec� fhe
<br /> . �ents, issues and profts af the Property, inc�ud�ng thnse past due and unpaid, and appiy the same, I�ss
<br /> costs and expens�s of operation and coliection at�orneys'fees, �o any indeb�edness secured by#his ❑eed
<br /> ofi Trust, all in such �rder as L�nder may d�termine. The entering upan and taking possessian af the
<br /> Proper�y, the col�ect�an of such rents, �ssues and prafits, and the applica#�on th�reof shal! not cure or
<br /> wai�e any default or no��ce of default under�his Deed of Trus� or in�alida�e any ac� dvne in resp�nse �o
<br /> such default or pursuant to such notice of defau�t; and, notwiths�anding the continuance in possession a#
<br /> the Property or the calle�tion, re�eipt and application of rents, i�sues ❑r profits, Trustee o� Lender shall
<br /> be en�i�led �o exer�ise e��ry righ� pro�ided �or in the Credit Ag�eement or the Related Dvcum�nts or by
<br /> �aw upon�he occurren�e o�F any e�ent of d�fau�t, including the right to exercis�the power❑f sale;
<br /> .� �h} �ommence an a�tian to foreclose this Deed of Trust as a m�r�gags, app�int a reeei�er or sp�cifically
<br /> enforce any Q�the covenan#�hereo�;and
<br /> ��} �eli�er t�Trustee a wri�ten decla�ation ❑f d�fault and demand for sale and a writ��n natice of de�aul�
<br /> and elec�ion to caus�Trust�r`s interest in the Prape�ty�o be so�d,which notice Trustee shal� cause�v be
<br /> duly fi�ed for record in the appropriate offic�s o�f the�oun�y in which the Property is located; and
<br /> � �d} 1l11ith respec�to a�l or any part of the Persnnal P�oper�y, Lender shail ha�e all the �ighfs and r�medi�s
<br /> o�a secured party under the Nebraska uniform Commerciai Code.
<br /> Foreclvsu�e by Power vf Sale. lf Lender elec�s�o foreclose by exer�ise of�he Power of Sa�e herein contained,
<br /> Lender shall not��y Trustee and sha�l deposit wi�h Truste� this aeed af Tr�ust and the �redit Agreement and
<br /> such receipts and e�idence of expenditures mad�and secur�d k�y�his Deed af Trus�as T�ustee may require.
<br /> �a} Upan receipt of such notice��om Lend�r, Trustee shaCl cause to be r�carded, published and deli�ered
<br /> - to Trustor such Notice of Defau�� and Not��e o� 5a1� as then requir�d by law and by tnis C�eed of Trus�.
<br /> Trusfiee shall, w�thout demand on Trustor, afte� such time as may �hen be required by �aw and after
<br /> reeordation af such No�€�e o�Defaulfi and after Notice o�Sale ha�ing been gi�en as required by law, seli
<br /> �he Property at the time and pfa�� ofi sale fx�d.by it in such No���e of Sale, either as a who�e, or in
<br /> separate lo�s ar par�els or it�ms as Trustee shal� deem expedient, and �n such order as i#may determ�ne,
<br /> at public auc#ion to the high�st bidder for cash in lawful maney of the United States payab�e at the time
<br /> of sa�e. Trus�ee sha[I de�i�er to such purchaser o� purchasers thereof its good and sufificient deed or
<br /> deeds con�eying the praperty so sold, bu� wi�hout any ca�enant or wa�ranty, express or �mplied. The
<br /> recitals in such deed of any ma#ters or facts sha�l be conclusi�e praofi o�the �ru�h�ulness thereof. Any
<br /> person, includ�ng w�#hou�limitation Trustor,Trustee,o�Lender, may purchase at such sale.
<br /> �b} As may be permi��ed by law, af�er deducting all costs, fees and expenses o# Trus�ee and o� this
<br /> Trus�, including G�sts of e�idence of t�tle ir� connection with sale,Trustee shafl apply�he proceeds o�sale
<br /> ta payment vf �i� all sums expended under �he terms of#his D�ed o�Trus� or und�r �he terms o�the
<br /> C�edit Agreement not then repaid, including bu# no# limit�d ta acGrued in�erest and late charges, �ii} a11
<br /> � other sums �hen secured hereby, and �iii) the remainder, if any, �o the person ��persons le�a�ly en�i��ed
<br /> thereto.
<br /> (c} Trustee may in the manner provided by!aw pos�pane sale of al�or any po�tion of the Property.
<br /> �emedies N�t Exc�usi�e. Trus�ee and L�nde�, and each o� them, shal] b� entitled �o enforc� payment and
<br /> perfarmanc�of any indebtedness or obfigatians secured by this Deed o�Trus�and to exercise all rights and pow�rs
<br /> und�r �his De�d of Trus�, under the Credit Agreement, under any of the Related C]acuments, a� under any o�he�
<br /> � agreemen� or any laws now �r hereafter in force; notwiths�anding, som� ar ail vf such indebtedness and
<br /> obligations�secured by th�s Deed ❑f Trust may now or herea�ter be otherw�se s�cured, whether by mortgage, deed
<br /> of trust, pledge, [ien, assi�nment or o�herwise, Nei#her the acceptance o�this Deed v�Trust nar its en�orc�ment,
<br /> whether by caur� a�tion o� pursuan� tv �he pow�r o�sale or other powers contained in this Deed of T�ust, shal�
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