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��15�11�7 K r � i DEE�3 �F TRUST Lvan No: '1�'1 Z83547 ��vntinu�d} Page 7 Brea�h vf a�her Agreemen�. Any �areach by Barrowe�or Trustar under�he�erms of any o�her agreement between 6orrower ar Trus�or and Lender that is no� remedied wifihin any grace period pro�ided �herein, inc�uding without ; [imi�afiion any agreement cancerning any indebfiedness or a�her obligation ❑�f Borrawer or Trustor to Lender, ; whe�her existing now or later. ; Events Affec�ing �uarantar. Any af the precedin� e�ents occurs wi�h respe�t�a any guarantar, endo�ser, sure�ty, f � or accvmmvda�ivn par�y o-� any of the lndehtedness or any guaran�or, endorser, surety, ar accommoda�ion parfy 3 dies or becomes in�ompetent, or re�okes or disputes the Walidi�y of, ❑r �iabili�y under, any Guaran�y o� �he � lndebtedness. � Ad►rerse Change. A material ad�erse change vccurs �n Borrower's ar Trustar's financial condi�ion, or Lender belie�es�he prospec�❑f paymen�or per�vrmance ❑f the Inde��edness is impaired. lnsecurifiy. Lender in gaad fai�h helie�es itself insecure. Righ�to Cure. I�any de�Fau�t, ❑ther fihan a default in payment is curable and i�Trus�vr has no� been gi�en a notice ❑�a breach o��he same pro�ision of this ❑eed of Trust wi�hin the preceding twel�e ��} months, i��may be cured i� Trustor, after Lender sends written no�ice t❑ 6orrower demand;ng cure ❑f such de�aulfi: {'�} �ures �he default within fifteen {`I 5} days; or ��} i-F fihe �ure requi�-es mare�han fifkeen �15} days, immedia�ely initiates steps which � Lender deems in Lender's svle disGretFon t� be sufficien� �o cure �he defau(t and ther�aft�r cvntinues and compfetes all reasanable and necessary s�teps suffi�ien�t❑ produ�e �ompliance as soon as reasonably prac�ical. RI�HTS AND REMEDIES ON DEFAULT. I�an E�enfi vf De�au�t❑ccurs under fihis fleed of Trus�, at any t�me�hereafter, Trustee or Lender may exercise any one vr mare of the fallowing righ�s and remedies: Acc�lera�ivn Upon De�aui�; Addi��onal Remedies. I� any E�ent❑�F ❑e�au�t occurs as per�he fie�ms ofi the Nate secured hereby, Lender may dec�ar-e a�� Indebtedness secured by this �eed ❑�F Trust�o be due and payable and the same shafl thereupan hecame due and payable wi'�hvu�any presentmen�, demand, protes�❑r notice of any ' kind. Ther�after, Lender may: ; �a� Ei�her in persan or 1ay agent, with a�- wi�hau� bringing any activn or prv�eeding, ❑r by a receiWer � app�in�ed by a courfi and withou�regard to the adequacy of its seGurity, ente� upan and �Cake pvssessian ��fihe Property, a�-any par�thereaf, in its owr� name vr in the name o�T�us�ee, and do any acts which it � deems necessary ❑r desirabl�fi� preser�e the �alue, marketabili�y or ren�ability af�he Properky, or part o� the Property or in�eres� in �the Properky; increas� fihe incvme from the Proper-�y or pro�ec�the security of � the Property; and, with or w�thou� taking possessivn �t the Property, sue �o�- or otherwise c�[lect the rents, issues and prafi�s ❑f the Praperty, inc#ud�ng th�se past du� and unpaid, and app�y�he same, less costs and expenses o�opera�ion and collection a�torneys' fees,�o any indebtedness secured hy this ❑eed � o-� Trus�, all in such vrder as Lender may determine. The en�ering upon and taking pvssession af the P�operty, �he collec�ion ❑f such rents, issues and prv�its, and the application �here�f shall no� �ure or waive any de�au�t❑r no�tice of default unde��khis Deed of Trus�o�- invalidate any ac� done in respanse t� such defaul�or pursuant�o su�h no�ice ❑�defaul�; and, n�twi�hs�anding the continuance in passession❑�f : the Praperty or�he collec�ian, receipt and appfication af ren�s, issues ❑r pr�fi�s, Trus�ee ❑r Lender shaf f ' be en�i�led �v exercise e�ery right pro�ided for �n�he Nate or the Related �acumen�s o� 1�y law upnn�he � occurrence of any e�en�ofi defau�t, including�he righ�to exercise�he power of sale; . � �b� Commence an acfiian to��reclose this ❑eed ❑f Trusfi as a mortgage, appoin�a receiWer or speci��cafly enf�rce any af�he �ovenants hereof; and �c} Deli�er�❑Trustee a written declarativn of de�aul�and demand for sale and a written natice af defaul� ' . and election�❑ cause Trustor's in�erest in�he Property fio be s�ld, which natice Trustee shaii caus�to be ' duly filed-�or r�cord in�he apprapriate offices of�he Caun�y in which the Property is located; and � �d� With respect tv all or any part of�he Personal Praper�y, Lender shall ha�e a�l the righ�s and remedies of a secured party under�he Nebraska Uniform Commercial Cade. Foreclosure by Pawer of SaEe. rf Lender elects to fareclose by exercise of�he Power❑f Sale herein cvntained, � Lend�r shall natify Trusfiee and shatl deposi� wi�h Trus�ee�his Deed of Trus� and fihe No�e and such receipts : and eviden�e af expenditures made and secured by this Deed o�Trust as Trus�ee may require. � �a} Upon receipt of such natice from Lender� Trusfiee shall cause ta be recvrded, published and deli�ered � to Trus�or such No�ice ❑f ❑e-�aul� and Notice ❑� Sale as '�hen required by �aw and by�his Deed vf Trust. : Trustee shall, withau� demand vn Trustor, after such �ime as may then }�e required by law and af�er recordafi�on o�su�h Notice of Default and after No�i�e v� Sa[e ha�ing i�een gi�en as required by �aw, sell � the Property at �he �ime and place v�F sale �ixed by it in such Noti�e ❑f Sa[e, eithe�- as a whnle, or in ; , separate la�s ar parcels or items as Trus�ee shall deem expedienfi, and in such order as E�t may determine, : at public auction to�he highest hidder�ar �ash in lawful mvney ❑�the Uni�ed 5tates paya}�le at the�time ❑� sale. Trus�ee shall deli�er tv such purGhaser or purchasers therev�F ifis good and sufficient deed vr ; deeds can�eying the pr�perty so svld, hu�k withaut any co��nan� or warranty, express ❑r Empli�d. The rscitals in such deed ❑fi any ma��ke�s or facts shall 1ae can�lusi�e proo� �f the truth�ulness thereafi. Any person, including wi�hou��imita�ian T�ustor, Trustee, ❑r Lender, may purchase a�su�h sale. , �b} As may be pe�-mifited by law, a�-ker deducting all costs, �ees and expenses ❑�f Trus�ee and v� this ; � r i