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��15��443
<br /> �
<br /> a
<br /> DEED �F TRUST
<br /> Lvan N�: 1�'I�8�4�'1 �Continued� Page 7
<br />. secured hereby� Lender may de��are all In�ebt�dness secured hy this aeed of Trust to be due and payable and
<br /> the same shall�hereupon bec�me due and payab�e withou�any presenfimen�, demand, protest or na�ice of any
<br /> kind. Therea�ter, Lender may:
<br /> tay Either in persvn ❑r by agen�r v►rith or wtthout bringing any acti�n or pro�eeding, or by a recei�er ,
<br /> appainted �y a court and wi�hvut regard t❑ the adequacy o�i�s security, ent�r upon and take possessivn
<br /> of the Pr�per�y, ar any part thereo#� in its ❑wn name or in�he name of Trustee, and da any ac�s which it
<br /> deems necessary or des�rable ta preser�e the �alue, ma�-ke�ability❑r renta�ility a�the Proper�y, vr part of
<br /> fihe Proper�y or �nterest in the Prvperty; increase the incame �rvm �he Prvper�y or protect the security af
<br /> #he Property; and, with ar withvut �aking passession vf �he Proper�y, sue �vr or oth�rwise collect the
<br /> rents� issues and profits of the Property. in�luding those pas� due and unpaid, and apply the same, less
<br /> � c�sts and�xpenses o�aperativn and cvllec�ion a�torneys' fees,tv any ind�b�edness s�cured by#his Deed
<br /> ofi Trus#, all in such ord�r as Lender may determine. Th� entering upon and taking possession ❑f the
<br /> Property. the collection vf such rents� issues and prvfits, and the applica�ivn �hereofi sha[f no� cure ar
<br /> wa��e any default vr notice a�de�ault under this Deed vf Trust or in�alidate any ac� done in respanse�fl
<br /> such defiault ar pursuant�o such notice ❑f de�raul�; and, notwiths�anding the cvntinuance in passession of
<br /> the P�raper�y or the colle�tion, receipt and appficatian af rents, issues vr pro�i�s, Trustee ar Lender sha�l
<br /> be entEtled tv exercise e�ery right provided #a�- in fihe Nvte ❑r�he Related Documents vr by law upon the
<br /> ❑ccurrence❑f any e�ent o�de�ault, including�he right to exercise the power o�sale;
<br /> �b} Cvmmenc� an action to foreclose#his aeed vf Trust as a mortgage, appoint a recei�er vr speci#ically
<br /> enforce any❑f�he cv�enants hereaf; and
<br /> • tcf Deli��r to Trustee a wri�fen declaratifln of defaul�and demand �vr sale and a wri�ten notice o�de-Fault
<br /> and election�o cause Trustor's interest in the Property ta be sold, which natice Trustee sha11 cause�o be
<br /> �uly�filed for recvrd in the apprvpriate❑ffices o�ths Caunfiy in which the Praperty is loca�ed; and
<br /> {d� With respe��to all ❑�any part of�he Personal Praper�y, Lender sha�l ha�e al�the righ�s and remedies
<br /> ❑fi a secured party under�he Nebraska L]niform Commercial Code.
<br /> Forec�vsur�by Power vf Sale. If Lender elects�o foreclose by exercis� vfi the Power vf Sale herein contained�
<br /> 4Lender shall notify Trustee and shall depvsit with Trustee this Deed ❑f Trust and the No�e and such receipts
<br /> and e�idence of expenditures made and secured by fh�s aeed vf Trust as Trustee may require.
<br /> �a} Upan r�ceipt of such notice �rvm Lender, Trustee shall cause�o be recorded, published and deli�ered
<br /> ta Trustor such Na�ice ❑f ❑efault and Notice of SaEe as then required by �aw and by this Deed ❑f Trust.
<br /> Trustee shall, withaut demand ❑n Trustvr, after such time as may then be required by faw and aftsr
<br /> recordation ❑t such Na�ice ❑f ae�fault and after No�i�e o� 5ale ha�ing been gi�en as required by law, se11
<br /> the Prvper�y afi th� time and place o� sa�e fixed by it in such No�ice vf 5ale, �ifiher as a whole, or in
<br /> � separa�e Iots ar parcels or i�ems as Trus�ee shall deem expedient, and in such ❑rder as it may de�e�-mine,
<br /> at public auc�ion ta the highest bidde�fiar cash in lawful maney of the Uni�ed 5tates payal�le at the t�me
<br /> - ❑f sale. Trustee shall deli�er �v such purchaser or purchasers thereaf its good and sufficient deed ar
<br /> deeds cvn�eying the property so sv�d, but vuithout any covenant or warranty, express vr imp[ied. The
<br /> recitals in such deed a� any matters or facts shali be cvnclusi�e praa� af the truthfulness thereo�. Any
<br /> persvn, incEuding without limitation Trustvr,Trustee, ❑r Lender, may purchase at such sale.
<br /> � {by As may b� permi�ted by, law, after deduc��ng all costs� fiees and expens�s vfi Trustee and of �his
<br /> Trus�, �ncluding �osts of e�idenca vf title in connection with sale,Trustee shalf apply the prviceeds afi sale
<br /> �v payment o� �i} a�l sums expended under the terms of this Deed ❑f Trust or under the�erms af the Note
<br /> nvt then repaid, including but not limi�ed to accrued interest and la�e charges, �ii} all ❑ther sums �hen
<br /> secured hereby, and ,{iii}fihe remainder, it any,�v�h� persvn�r persans legalfy�n��tled thereto.
<br /> �cy Trustee may in the manner provided by law pos�pvne sale o�all or any partion❑f the Prvperty.
<br /> Remedies Not ExcIusi�e. Trust�e and Lender, and each �f them, shall be entitled �a enforc� payment and
<br /> per�ormance of any indebtedness ar❑bf�gativns secured by this aeed ❑�Trus#and tv exercise a!f rights and pawers
<br /> under this Deed a�Trust. under�he Natef under any af#he Rela�ted Dvcumenfs, ❑r under any other agreemen�t or
<br /> any �aws now or hereafter in tarce; nv�withstanding, some vr all ❑f such indebtedness and obligations secu�-ed hy
<br /> fihis Deed of Trus� may naw ❑r hereafter be atherwise secured, whether by mortgage, deed of trust, pledg�, lien,
<br /> assignment vr otherwise. Neither �he acc�p#ance of this Deed af Trust nar its enfor�ement, whether by court
<br /> activn vr pursuant t❑ the powe� of sale or ofher pvwers contained in this ❑eed of Trust, shall prejudi�e or in any
<br /> manner a��ect Trustee's or Lender`s right �❑ realize upon or enfarce any ❑ther security nvw ❑r hereafter held �y
<br /> Truste� ❑r L�nde�, ifi being agre�d that Trustee and Lender, and each of�hem, shalf be en�ifiled#❑en�or�e this Deed
<br /> of Trust and any other security now or hereafter heid by Lender or Trustee in such order and manner as they or
<br /> either of them may �n their abso�u�e discre�ian de�ermine. N❑ remedy cvn�erred upon or reser�ed to Trustee or
<br /> Lender� is intended t❑ be exclusi�e o� any other remedy in this Deed vf Trusf❑r by law pro�ided ar permitted. bu�
<br /> each shall be cumu�afi�e and shall be �n additivn to e�ery o�her remedy given in �his Deed of Trust ❑r now ❑r
<br /> herea�ter existing a��aw ar in equity ar by s�afiu�e. E�ery power or remedy gi�en by the No�e vr any ofi fihe Rela�ed
<br /> ❑ocuments t❑ Trustee or Lender or t❑ which either ❑fi them may b� otherw�se entitled, may be exercised,
<br /> cancurrently or independently, �rom �ime to time and as often as may be deemed expedient by Trustee or Lender,
<br /> and either of them may pursue inconsis�en� �remedies. Nvthing in this ❑eed af Trust shall b� cons�rued as
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