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��15��574
<br /> DEED �F T���T
<br /> ������n�.���} F��g� 5
<br /> c�ncerning any indeb#edness or❑ther ob[igatian of Trustor to Lender,whether existing now or Iater.
<br /> E�ents A�fecting Guarantvr. �er�y af the prec�d�ng evenfis vc�urs�nrith respect to any guarantor, endorser, surety,
<br /> or ac�ommadation p�arty o�any of the Indebtedness ar any guaran�or, endorser, sure#�, or accommodation party
<br /> die� or be�omes in�ompetent, �r r��oke� or d�sputes the vafidi�y af= or liability under, any Guaranty of the
<br /> E ndebted n�ss.
<br /> Insecurity. Lender in gvod fai�h believes ifself Ensecure.
<br /> Existing �ndebtedness. The paymenf a�any ins#a1[m�n�vf principai or an�r �ntere$t❑n the Existing Indebtedness is
<br /> n�t mad�wi�hin#he time requ�red by the promissory note e�idencing such indebtedn�ss, ar a default nc�urs under
<br /> the instrument securing such End�btedness and is nat cured during any applicable�race periad in �uch instru�en�,
<br /> ar any suit ar�ther acti�n is�ommenced�v foreclvse�ny existing �ien on the Property.
<br /> RIGHTS AND REMEDIES QN DEFAULT. if ar� Evenf af aetau[t oc�ur� under thEs Deed of Trust, �t an�1 tim�thereafter,
<br /> Trustee vr Lender may�xerci�e any one or mvre of the fol[owing rights and remedies:
<br /> Acceler�ti�n L]pon Default;Additiona� Remedi��. �f any Even�c�t De�ault accurs as per the terms ot the Nat�
<br /> secur�d her�by, Lender may declare all Indebtedness secure�by this Deed of Trust to be due and payable and
<br /> the same shali thereupon became due and payable withou�any presen�m�e�n�, demand, pro�est or natice of any
<br /> kind. Thereafter, Lender may:
<br /> 4a} Either in person or by agent, with or with�out bringing ar�y ac�ion or prviceeding, �r by a receiver
<br /> appointed by a court and wi�hau�regard to the ade�quacy of its security, ent�r upan and tak� passession
<br /> o�#n� Prop�erty,ar any part thereo�; �n its o�r�rr� narrre or in th� name af Trusfie�,and do any aets which it
<br /> deems necessary ar desira�Ee to preserve the value, r�ark�tability or rentabil�ty❑f fhe �ro�erty, or part af
<br /> th� Praperky o�interes#in the Prope�ry; increas�the income fror� the Prvperty ar prote�t th�security of
<br /> the Proper�y; and, with or with�ut�aking possession af th� Prvperty, sue f�r or otherwise cal[ect �he
<br /> rents, issues and profits of fhe Prvpe�ty, incl�ding thos� p�st d�e and unpaid, an� apply the sarne, i�ss
<br /> costs and expenses of aperation and co�lec�ivn attarneys'fee�,to�ny�ndebtedness s�cured by th�is Deed
<br /> of Trust, a!I in such order as Lender ma� deterr�ir�e. �he �ntering upvn and taking possessian of the
<br /> Rroperty, the cvllectian of su�h rents, �ssues and pr�fits, and #he applicatior� thereof shaii nat cure or
<br /> wai�e any defaE�ifi❑r n�atifc�of def�uE�under this Deed vf Trust or invalidate any ac�dvne in respanse to
<br /> such defiault vr pursuan�to such natice of default; and, notwithstanding the continuance in passession of
<br /> the Prop�rty ❑r the collecti�n, receipt and app�icati�n of rents, issues or profits, Trustee ar Lender shall
<br /> be entit�ed t❑ exercise e�rery right pravided f�r�n the Nnte or fihe Related Documents a�by law upon the
<br /> �ccurr�nce�fi any e�ent of default, including the right to exercise the power of sale;
<br /> �b} Gvmmenc�an ac�ion to forecfose this Deed of Trust as a mortgage, a�point a receive�or specifically
<br /> �nforce any of the covenan�s hereof; and
<br /> �c} [�eliver ta T�ustee a written declaration Qf d��ault and demand �vr sal�an�a written natice o�defiault
<br /> and e�ec�ian to�ause Trustor's interest in the Proper�y to be sold,which no�ice Trustee shall cause to be
<br /> duly fiied for reco�d in�he appr�pr�ate�offices of#he County in whi�h th�P�operty is iocated; and
<br /> �d} 1lVith respect to al!flr any pa�t of the Persvnal Property, Lender shall have ali the righfis and remedies
<br /> af a secured parfy under the Nebraska Uniform Gomm�rc�al Code.
<br /> Fvrectosure by Power of 5a1e. Ifi Lend�r eEects to fore�lose by exercis�of the Power of Sale herein co��ained,
<br /> Lenc�er shal[ notify Trustee and shal! deposit with Trustee fhis �ee� of Trust and the Nate and sWch reGeipt�
<br /> and eviden�e�f exp�nd��ures r�ade and se�ured by�his�7eed o�Tr�st as Trustee may re�uire: .
<br /> �a} Upon receipt of such notice frorn Lender, Truste�sha�l cause ta be reeorded, pubEished and delivered
<br /> fa Trustar su�h Nofice of Defau[�and Notice of 5ale as th�n requir�d by law and b�this Deed of Trust.
<br /> Trustee shall, withaut demand vn Trustor, after such time as may then be rea�uired by law �nd after
<br /> r�c+�rdation o�such No��ce of Default and after N�ti�e of Sale having been gi�en �s required by Iaw, seil
<br /> th� Proper�y a# the #ime and place vf sale �ixed by it in such Notic� v� Sale, either as a whale, or in
<br /> separate lo�s or�arcels or items a�Trustee shal[deem expedient, and in such order as it may det�rmine,
<br /> a# public auc�ion fo the highes�bidder fo�cash in lawful man�ey of fhe United 5�a�es payable at the fir�ne
<br /> of sa[e. Trus��e shal! deliver to such purchaser or purchasers thereof ats goad and suffEcient deed or
<br /> deeds �onveying the property sa sol�, bu�without an� aQvenant ar warranty, e�cpress or irnplied. The
<br /> reci�als in such deed of anJ� ma�ters or facts shall be cvnclWsive proof of�he truthfulnes� thereo�. Any
<br /> person, including without iicriitation Trustvr,Trus�tee, �r Lender, may purGhase at�uch saie,
<br /> {b} As ma� be permitted by law, af#er deducting ail �osts, fees and expenses of Trustee and of this
<br /> Trust, including cvs#s ❑f evidence af�itle in connec�ion�rvith�ale,Trusfe�sha�l apply the pro�eeds v�sale
<br /> �o payment of �i}all sums exp�r�ded under the terr�s of this Deed of Tru�t vr under the#errris ofi the Note
<br /> not then repaid, in�luding buf nat Iir�ited to a�crued int�r�st and la#e charges, {ii} aEl othe�sums th�n
<br /> �e�ured hereby, and �i�i}the rernainder, if any, �a the person or persons legally entit�ed thereto.
<br /> �c} Trustee rnay in th�manner pra�ided by Iaw pastpone sale of a�i or any p�r��an of the Property.
<br /> Rem�dies No� Exclu�ive. Truste� and Lender, and eaGh af �hem, shall be entitled to enforce paym�nt and
<br /> perfar�nance of any�ndebtedness ar obligations secured �y this ❑eed of Trust and�o exercise a[l rights and pawers
<br /> �under this C]eed o�Trusf, under th� Nate, under any ❑f�he Reiated Dvcuments, or under any other agreement or
<br /> any laws now or hereafter in force; notwithstandin�, svme o�a�1 �f such indebtedness and obliga�ions secured by
<br /> this Deed of Trust may now �� h�reaf�er be ��herv�vise secured, whet�er by mo�tgage, deed of tru�t, pledge, fien,
<br /> assignrnent �r o�herwise. Neither �he accep�ance o�F this D�ed ❑f Trust nor its enfvrcerner�t, whether by �ourt
<br /> a�tior� or pur�uan��o the power❑f�ale or ofher powe�s cantained in this Deed �f Trust, �h�all prejudice or in any
<br /> manner affect Trustee's or Lender's right to realize upon or enforce any ather security nov� or her�a�t�r hefd by
<br /> Trustee or Lender, it being agreed that Trustee and Lender,and each of them, shall be entitled fo enforce thi�Deed
<br /> of Trust and any other security now vr hereafter held by Lender vr Trustee in such or�er and rrianner as they vr
<br /> eithe�o�them may in their absolute discretivn determine. Nv remedy Gonferred upon or reserued tv Trus��e or
<br /> Lender, is intend�d tQ be exclusi�e of anJ�other remedy in this Deed of Trust ar by �aw prfl�ided ar permifted, but
<br /> each shall b� Gumu[a�ive and sha[I be in additian fio �Uery o�her remedy given in f�is Deed of Trus� or now vr
<br /> hereaft�er exis�ing at law or in equi�ar by stafiute. E�ery pow�r or remedy given by th�Nvfe ar any❑f�he Re�ated
<br /> Doaumen�s fo Trustee ar Le�der o� to which either of them �ay be other�vise enti#�ed, may be exercised,
<br /> �on�urren�f�or independently, frnm time#o time and a� of�en as rnay be deemed expedient by Trustee or Lender;
<br /> and either ❑f ther� r�ay pursue �n�on�is�ent remedies. Nathing in this Deed o� Trust sha�l be construed as
<br /> prohibiting Lender fram seeking a defi��ency judgment ag�inst�he Trustar to the extent such acfion is permitted b�
<br /> law.
<br /> Electior� vf Remedie�. All of L�nder's rights and rer�nedies wil� be cumulative and may be �xercised a�one or
<br /> togeth�r. If Lender d��id�s to spend money ar to p�r�orm any of Trus#or's o�ligat�ons under this I��ed of Trust,
<br /> after Trus�or's failure fa do so, �hat d�cision by Lender wil! nof affect Lender's right ta de�lare Trus#or ir� de�au�t
<br /> and to�x�r�ise Lender'�remed�es.
<br /> Requ�st fvr Notic�e. Tr�usfor, or� behalt of Trustor and Lender, hereby reques�s�ha�a capy of anyr Notice Qf Default
<br /> and a copy of any Notice of Sale und�r this ❑eed of Trus#be mailed�o them �t�he addresses set forth in the firs�
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