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��15����� <br /> aperation vf[aw ar ofherwise, or which in any way impairs or suspends any rFghts vr r�medies of <br /> Beneficiary against any�bligar; �F}any impairm�nt of�he�alue af any�nterest in any security f�r th� <br /> Secured �bligations or any portion thereof, including withaut�imitatian, the failure to�b�ain or mainta�n <br /> perfecfinn or�ecorda#i�n of any int�rest in any such security, the release of any such security withvut <br /> substitution, andl�r the failure ta preser�e th��alue af, or�o comp�y wi#h applicable law in dispos�ng of, <br /> any such secur�ty; �G}any modification of any SeGured �bligat�nn, in any form whatsoe�er, including <br /> without I�mi#ation the renewal, extensinn, accelerat�on or o#her change in t�me for payment af, vr other <br /> change in the terms of, any S�cured �bligation vr any portion therevf, inc[uding increase or decrease of <br /> the rate of inter�est thereon; or�H}any requirement that Beneficiary gi�e any notiGe of acceptance of�his <br /> Deed of Trust. Until ali Secured ��li�ations shali have been paid in fuli, no Third Party Trustor shall ha�e <br /> any right of subroga#�fln, and each Third Party Trustor wai�es any right to enfarce any remedy which <br /> �eneficiary now has or may her�after ha�e agaEnst any�bliga�vr any�ther persan, and wai�es any <br /> benefit�f, or any right to participate in, any security now or hereafter held by Beneficiary. Each Third <br /> Party Trustar further wai�es all rights and defenses it may ha�e arising out vf: �1} any e�ection of <br /> remedies by Beneficiary, e�en thou�h that e�ection of remedies, such as a non�udEcial foreclosure wi#h <br /> respect ta any security for any portion of the Secured �bligations, destroys such Third Party Trustor's <br /> rights of subragation o�such Third Pa�y Trustor"s rights to proceed against any�bl�gor for <br /> reimbursement; or�2}any Ioss of righfs any Th�rd Party Trustor may suff�r by��ason of any rights, <br /> powers or remedies of any�bligor in connection with any anti-deficiency laws or any other laws limiting, <br /> qualifying or discharging any�h{igor's obligations, ►rvhe�her�y operation of iaw or otherwise, incfuding <br /> any rights any Third Par#y Trus#or may ha�e to a fair market�afue hearing ta d�term ine the size of a <br /> deficiency follvwing any trustee's fvreclasure sale or other dispos�tion of any security fvr any porti�n of the <br /> Secu red �bl igativ ns. <br /> �iii} If any of said wai�ers is det�rmined to be contrary�o any appl'rcable law or pub�ic <br /> policy, such wai�er shall be effec#i�e to th�extent permitted by appl�cable!aw or public policy. <br /> ARTI�LE V. DEFAULT PR�VISI�NS <br /> 5.1 Default. The occurrence of any of the fallowing shall cons�itute a"Default" under this Deed <br /> vf Trus�: �a}Trustvr shall fail to abserve or perform any obligation ar agreement contained her�in and <br /> with respect�o any such failure which by its nature can be cured, such failure shall con#inue far a p�r�vd <br /> af twen�y�2D}days from i#s occurrence; �b}any representation or warranty of Trus#or her�in shal[ pro�e tv <br /> be incorrect, false or misleading in any maferial respect when made; �c}any default in the paymen�or <br /> perFormance of any oh�Egation, or any defined e�ent of defaul�, under any pro��sions of fhe Note or any <br /> oth�r contract, instrument or documen�execu#ed in connec�Eon w�th, vr wi#h respect fo, any Secured <br /> �b�igation, provided, howe�er, tha#any cure period applicable to such default shall ha�e expired; or�d} <br /> any"E�ent vf Default" und�r that certain Third Amended and Restated Credit Agreement dated as of <br /> January 2, 2�'15, by and between Bank and NMC GR�UP, INC., a Nebraska cvrporation �the"Borrower"} <br /> tas amended, restated, supplemenfed ar fltherwise modified from �ime to time, the"Cred�t Ag�eement"}. <br /> �.� Ri�hts and_Remedies. Upon the occurrence of any D�fault, and at any time ther�after, <br /> Beneficiary and Trustee shall harre all the following righfs and remedies: <br /> �a} With or withaut nat�ce, to declare all 5ecured �bligatfvns immedia#ely due and payable in <br /> full. <br /> ��} With ar withau� natice, with�ut releasing Trustar from any Secured �b[igatian and withvut <br /> becoming a mortgagee in possession, to�ure any Default af Trustor and, in connect�on therewith: �i}�o <br /> en�er upon th�5ubject Prop�rty and to do such acts and things as Beneficiary or Trus#ee deems <br /> n�cessary or desirable to protect the security af th�s Deed af Trust, including withvu�limita#�on, to appear <br /> in and defend any activn ar proce�ding purporting to affect the s�curity of thEs D�ed vf Trust ar the rights <br /> or powers of Ben�ficiary or Trustee hereunder; �ii}to pay, purchase, �on�es�ar compr�m�se any <br /> -11- <br /> � a�� .,�.,�u�.��� IF III11111� uR:.� i i <br />