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I { i � ��14�7�9� i DEED �F TRUST � Laan No: 1 D��'13�3 �Continued} Page 7 � ,� RIGHTS AN❑ REMEDIES �N ❑EFAULT. [f an E�ent❑f Defiault❑ccurs unde�-this ❑eed o-�Trust, at any t�me�hereafter, , Trustee ar Lender may exer�ise any vne or more❑f the following righ�s and remedies: � i ; Acce�erat�on Upon De�auit; AdditionaI Remedies. if any E�en�of Default❑ccurs as per�he terms of the Note . J se�ured hereby, Lender may declare a�f Indeb�edness secured by this Deed �#Trust fiv he due and payable and the same shall thereupon becvme due and payable wi�haut any presentment, demand, pro�test❑r noti�e af any ktnd. Therea-�ter, Lender may: �a} Ei�her in person ❑r by agent, with �r without bringing any action ar pro�eeding, or by a receiWer appointed by a cvurt and without regard fio the adequacy vfi its security, en�er upon and take possession of the Property, or any part the�eof, in its awn name ar in the name ❑�Trustee, and dv any acfis which it deems necessary ar desfrable to preser�e fihe value, marketabifity or rentability of the Property, �r part o� the Property ❑r inter�st in the Property; increase the in�ame fram the Prvperty ❑r prot�c�the securi�y ❑f fihe Prvperty; and, wi�h ar without taking possessivn af �he Property,. sue fv�- ar ❑�herwise collec� the ' rents, issues and p�-ofits o#the Property, including thase past due and unpaid, and apply�he same, less costs and expenses of operation and collectivn attorneys` fees,t❑ any Ende�tedness secured hy this Deed ❑fi Trust, at� in such order as Lender may de�ermine. The entering upvn and �aking pvssession of �he Properky, the collec�ion �f such rents, 155L]2S and profits, and the app�ication thereo�f shal! nv� �u�e ar wai�e any de�aulfi or notice a�f de�ault under this Deed of Trust ar in�alidafie any acfi dvne in respanse tv su�h default vr pursuant#v such natice❑f defau�t; and, notwithstanding the continuance in pvssession of the Property ar the co�iection, receipt and applicat�on of rents, issues ar p�-ofits, T�us�ee or Lender shaiE be entitEed to exercise e�ery right pro�ided �or in the Note �r�he Related ❑ocuments or by law upon the accurrence a�any e�ent of defaul�, in�luding fihe righ�to exercise the power o�f sale; {}�} Cammence an action�o foreclose thEs Deed o�Trust as a mvrtgage, appvint a recei�er❑r sp�ci�ically en�orce any af the ca�enants herevt; and �c� Deli�er t❑Trustee a written declaration v�f de�ault and demand#a�r sale and a writ�en n�tice o�F de�ault and e�ec�ivn�o cause Trustar's interes�En�he Praperty to be sold, which nvtice Trustee shaE[ cause to be duly�i1�d for record in the appropriate o-��Eces vf the County in which the Property is located; and {d} V1lith respect to alf or any part of the Personal ProQerty, Lender shaif ha�e a11 the rights and remedies o�a secured party under fihe Nebraska Uni�orm Commercial Code. Foreclosure by Power v�Sale.. lf Lender elects ta�arecl�se by exercise❑�the Power of Sa1e herein contained, Lender shafl nvtify Trus�ee and shall deposi� with Trustee this L�eed of Trus� and �he Note and such receipts and evidence❑f expenditures made and se�ured by�his Deed�f Trust as Trustee may require. {a} L]pon re��p�❑f such notice from Lender,T�-ustee sha�l �ause�o be recvrded, published and deli�ered to Trustar such Natice vf De�au[t and Notice o� Sale as then required by !aw and }�y this ❑eed ❑f Trust. . Trustee sha�l, wi�hou� demand on Trusfiar, after such time as may then !ae required �y !aw and a�ter recardation of such Notice o�f Defaul� and af�er Notice vf Sale having been gi�en as requEred by law, sel� � fihe P�-operty afi the time and place a� sale �ixed by i� in su�h Na�tice of Sale, either as a whale, or in separate Iv�s ❑r parcels o�items as Truste�shal� de�m expedien�, and in su�h ❑�-der as it may dete�mine, at pubiic auc�i�n ta-�he highest bidder for cash in lawful m�ney of�he United 5tates payable a��he�ime o� sale. Trus�ee sha�I deli�er t❑ such purchaser vr purchasers #hereot �ts gvvd and suffi�ient d�ed vr deeds con�eying the praperty so sald, bu� wifihout any co�enant or warranty, express or implied. The �recitals in such deed of any mat�ers or fa��s shall be conclusE�e prvof�f the truthfulness therev�. Any persvn, including wi�hout lim�tativn Trus�or,Trustee, ar Lender, may purchase at such sale. {b} As may be pe�mitted by law, aft�r d�ducting all casts, fees and expenses v� Trustee and ❑f this � Trust, including casts o�e�idence vf tit�e in connection with sale,Trustee shalf apply the proceeds❑f sa�e tv paymen�o� �i� a�l sums expend�d under the�terms af this Deed�f Trust or under the terms❑f the Nvte no� �hen repaid, includ�ng but n�t limited tv accrued interes� and Eate charges, �ii} ail ather sums �hen s��ured hereby, and �Eii��he remainder, i�any,ta�he persan❑r persvns le�aily�ntitled thereto. tc} Trus�ee may in the manner pra�ided �y law postpane sale v�al��r any partivn afi�he Property. Remedies Not Exclusive. Trus#ee and L�nder, and each ❑f �hem, shall be enti�led fiv enfvrce payment and performance o�any indeb�edness or oi�ligations secured hy this Deed of Trus�and�o exercise af! rights and pvwers under this Deed ❑#Trust, under the Nvte, under any �f the Related Dvcumen�s, ❑r under any ather agreemen� ❑r any laws nvw v�hereafter in�vrce; natwithstanding, svme ❑r aIl a�such indeb�edness and obiigations secured i�y this ❑eed v�Trus� may nvw vr hereafter b� oth�rwise secured, whether by mor�gage, deed of trust, pledge, lien, ass�gnment or o�herwise. Neither the accep�ance o� this Ueed v# Trust nvr its enfor�ement, whether by court - action c�r pursuant to the pvwsr o-�sale or ather powers contained in this Deed o#Trust, shall p�ejudi�e vr in any manner affec�Trust��'s ❑r Lende�'s right�a realize upan �r en�orce any ❑ther se�urity now ❑r hereafrer held by Trustee or Lender, ifi being agreed fihafi Trustee and Lender, and each o��hem,shall be entitled�❑en�orce�his Deed vf Trust and any vther security n�w or hereafter held by Lender vr Trustee �n such order and manner as they or either af them may in �heir absvlute dis�re�ivn determine. N❑ remedy cvn�erred upon or reser�ed t❑ Trustee vr Lender, is in�ended ta be ex�lusi�e af any athe�- remedy in this Deed of Trus�o� by law prv�ided o�- permitted, but each shall be cumu[a�i�e and sha�l be in addition fio every other rem�dy gi�en in this ❑eed of Trust or now ❑r hereafte�-existing at law❑r in�quity or by s�a�u�e. E�ery power or remedy gi�en by the N��e❑r any o�F the Rela�ed � � �