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<br /> DEED �F TRUST
<br /> Lvan Nv: ��1���5�4 {�ont�nued� Page 7
<br /> �c� Deli��r to Trustee a writ�en declara�ion af defaulfi and demand for sale and a wri�ten notice a�f de�faul�t
<br /> and ele�tion t� cause Trus�tor's interes�in the Proper�y t❑ 1ae sald, which notice Trustee shall cause t❑ be
<br /> . duly filed f�r record in the appropriate❑�fi�es❑�the County in which the Prope�ty is Ioca�ed; and
<br /> �d} VVifih respect to all ❑t-any part af the Persana! P�-oper-ry, Lender sha[I ha�e a��th� righ�s and remedies
<br /> o�f a secured par�y under the Nebraska lJni�orm �ommercial Code.
<br /> Foreclosure by Pvwer vf Sale. l�Lender elects to fvreclose by exer�ise o�f the P�we�-afi 5ale herein canta�ned,
<br /> Lender shall nofiify Trus�ee and shall deposit with Trustee this I�eed of Trust and the Note and su�h re�eipts
<br /> and e�iden�e of expenditures made and secured by th�s Deed ❑f Trust as Trus�tee may require.
<br /> {a} lJpon re�eipt o�such notice from Lender, Truste�shall cause to be re�orded, published and deli�ered
<br /> �o Trus�vr such Notice of Default and Natice ❑f Sale as then required by law and by this Deed of Trust.
<br /> Trustee shalE, wi�haut demand an Trustar, after su�h �ime as may fihen be required by law and a�Fter
<br /> recordation o�such Natice v�❑efault and after No�kice of Sale ha�ing been given as required 1�y Eaw, sell
<br /> ��he Property at �he fiime and pla�e of sale fixed by it in such No�ice of 5ale, eifiher as a whvEe, ❑r in
<br /> separafie lvts or parcels ❑r items as Trus�ee shall deem expedient, and in such ❑rder as it may determine,
<br /> � at public auction to�he highest bEdder�or cash in Eaw�fui money o�the United 5tates paya�{e at�he time
<br /> of sale. Trusfise shall deli�er tv su�h purc}iaser or purchasers thereaf its �ood and sufficien� deed or .
<br /> deeds �on�eying the property sa sald, but without any co�enant ar warran�y, express ❑r implied. The
<br /> �eci�als in such deed ❑f any matters ar fac�s shall be con�lus�We pr�of af�he truth�ulness �hereof. Any
<br /> . person, inc[uding without�imita�ion Trustor,Trustee, ❑r Lender, may purchase at such sale.
<br /> �b} As may be permitted by law, afker deducting all �vs�s, �ees and expenses vf Trustee and of this
<br /> Trusfi, in�luding costs�f e�idence ❑f ti�le in connectEvn wi�h sale,Trus�ee shall apply the praceeds ❑f sale
<br /> �❑ paymen�❑�f �i� all sums expended under the terms a-�this Ueed of Trust or under the�erms of�he Note
<br /> nv�t fihen repaid, including bu� not limited �v a�crued in�eres� and �ate charges, ��i� all o�her sums then
<br /> secured hereby, and {iii}fihe remainder, i�any, tn the persvn or persons legally entitled there�v.
<br /> �c� Trustee may in the manner pro�ided by!aw p�stpane sale o�all nr any portion ofi fihe Property.
<br /> Remedies Nat Exclusi�e. Trustee and Lender, and each af them, shalf be entit�ed to enfiar�e paymen� and
<br /> performanc� o�any indebtedness vr❑bligations secured by�his ❑eed of Trust and fiv exercise all righ�s and powers
<br /> under this Deed of Trust, under the No�e, under any v� th� R�lat�d Documents, vr under any ❑�ther agreemen� vr
<br /> any laws now or hereafter in force; nofiwi�thstanding, some ❑r all o�such indebtedness and abligations secured by
<br /> this Deed of Trust may naw vr hereafter be o�herwise s�cured, whether by mortgage, deed of�rus�, pledge, l�en,
<br /> assignment ❑r otherwise. Nei�her �he a�ceptance ❑fi this Deed ❑� Trust nvr i�s enforcemen�, whe�ther by cvur�
<br /> a��ion ❑r pursuant�o �he power of sale or ❑ther pawers �an�ained in this ❑eed of Trust, shall prejudice or in any
<br /> manner a�fec� Tr-ustee's vr Lender's righ��a reaiize upvn vr en�vr�e any other secur�ty nvw or herea�f-�er held by
<br /> � Trusfiee vr Lender, i�being agreed that Trustee and Lender, and each afi fihem, shall be entitled�❑enforce�fihis Deed
<br /> nf Trust and any o�ther security naw ❑r hereafter held by Lender ❑r Trus�ee in such ❑rder and manner as �hey ❑r
<br /> ei�her ��th�m may in �heir absolute discretion determine. Nv r�medy conferred upvn or r�ser�ed to Trustee or
<br /> Lender, is in�ended to be exclusi�e af any o�her remedy in this Deed ❑f Trust or by law pro�ided or permitted, but
<br /> each shall be cumu�a#i�e and shall he �n addition �o eve�y athe�- remedy gi�en in �his ❑eed of Trus� or now ❑r
<br /> hereafter existing at law ❑r in equity or by sta�ufie. E�ery power❑r remedy gi�en hy the Na�e or any o�the Related
<br /> ❑ocuments t❑ Trust�e or Lender or �v which either of,them may be ❑therwise enti�led, may be exercised, ,
<br /> concurrentfy vr independen�ly, �rom �ime t❑time and as of�en as may be deemed expedien�by Trust�e ❑r Lender,
<br /> and either o� them may pursue incansis�ent remedies. Nothin� in �h�s Deed of Trust sha[f he cans#�ued as
<br /> prohibi�ing Lender fram seeking a deficiency judgmen�agains��he Trustar to the extent such ac�ifln is permitted by
<br /> iaw.
<br /> Eie�tivn of �emedies. A!i o-� Lender's rights and remedies will be cumuCati�e and may �e �xercised alvne or
<br /> �oge�her. I� Lend�r decides to spend money ❑r to per�orm any a�F Trustar's �bligativns under this Deed ❑�f T�-usfi,
<br /> after Trust�r's failure to do so, that decision by Lende�- will no� af�ect Lender's �igh�to declare Trus�ar in defaul�
<br /> and�o exercise Lender's remedies.
<br /> Request fvr Noti�e. Trustor, ❑n behal�o�Trusto�-and Lender, herehy requests that a copy of any No�ice af Defau�t
<br /> and a copy❑f any Notice ❑�F 5ale under�his Deed af Trust be mailed ta them at the add�-esses sefi��rth in the first
<br /> . paragraph o�this Deed of Trust. �
<br /> Attorneys' Fees; Expenses. lf Lender �ns�itutes any suit or activn tn en�orce any vf fihe terms o� �his Deed ❑f
<br /> Trus�, Lender shall be entitled tv reco�er such sum as the cout-�may adjudge reasanable as attorneys' fees a�firial
<br /> and up�n any appeal. V1lhe�her ❑r not any court a�fiian is in�a��ed, and ta the exten� not pr�hibited by (aw, all
<br /> reasonable expenses Lender incurs tha� in Lender's apinian are ne�essary a� any time for the pro�e�t�an af its
<br /> interest or the enforcemen�o�its ri�hts shall becvme a �art���he Indebtedness payable ❑n demand and shall bear
<br /> interest at the Note �a�te�rrom th�date o�F the expenditure until repaid. Expenses cav�red hy this paragraph include,
<br /> without fimi�a�ion, however subject�o any lim�ts under appfi�able Eaw, Lender's afi#orneys' fees and Lender's iegal
<br /> expenses, whether ❑r not there is a lawsuit, in�luding at�vrneys' #ees and expenses far hanl�rupt�y proceedings
<br /> �including ef#arts tv modify or�acate any automat�c stay or in�unc�ion}, appeals, and any anticipa�ed post judgment
<br /> cvllection serWices, �he cas� a�s�arching records, ob�ainEng #it[e reports {includin� �oreclasure reparts}, sur�eyors'
<br /> repar-�s, and appraisal fees, �it�e insurance, and �ees �or the Trustee, fio the ex�en� permit#ed by appli�able law.
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