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��15�11�3
<br /> DEEC] �F TRUST
<br /> Lvan No: �D���3�1� �Gvntinued} Page 7
<br /> Trus�ee or Lender may exercise any❑n�or mare a�the following rights and rem�di�s:
<br /> Acce[erativn Upvn Defaul�; Addi�ivnal Remedies. lfi any Even�of De�fau�t❑ccurs as per#he terms of the No�e
<br /> secured herehy, Lender may declare a�f f ndelatedness secured by�his �eed ❑-�Trust�o be due and payabie and
<br /> �he sam� shall thereupon become due and payabfe w�th�ut any presentmenfi, demand a� pro�est ❑f any kind.
<br /> Thereafter, Lender may:
<br /> �a� Either in person ar 1ay agent, wi�h or without laringing any a�tion ar praceeding, ar 1ay a recei��r
<br /> appoin�ed 1ay a courfi and without regard to the adequacy o�i�s securi�y, enter upan and take possessian
<br /> vf fihe Pr�per�y, or any part�herevfi, in its awn name or in�he name of Trusfiee, and d❑ any acts which i�
<br /> deems necessary ar d�sirab�e�o pres�r�e the Ualue, mar��tabili�y or rentability❑f the Prape�ty, or par�o�
<br /> �he Proper�y ar in�eresfi in �he Property; increase the incame from the Proper�y ❑r protecfi fihe securi�y of
<br /> the Prvperty; and, with or wi�haut taking possession ofi the Praper�y, su� �a�- or ❑therwise collec� the
<br /> rents, issues and pro-�i�ts o��he P�-ope�ty, inc�uding those past due and unpaid, and apply fihe same, �ess
<br /> casts and expenses �f�pera�kion and colle�tion a��orneys' tees,t❑ any indebtedness secured by�his �3eed
<br /> ❑f Trust, a�� in such ❑rder as Lender may determine. The en�ering upvn and �aking possessivn ❑f the
<br /> Praper�y, the callec�ivn ofi such ren�s, issues and pro�its, and �he application �h�reof shalf n�t cure ❑�
<br /> waiWe any de�auft❑r no�ice ❑f default under this ❑eed o€Trust or in�alida�e any act don� in response to
<br /> such de�ault or pursuan�t❑ such nvtice vfi default; and, notwi�hstanding the continuan�e in pvssessivn a�
<br /> the Praperty or �he collection, receipt and appiicafiion o� �ents, issues ❑r pro�Fifis, Trus�ee or Lender sha�t
<br /> be entitled tv exercise e�ery righ� pro�ided �ar �n �he Na�e or�he Re{afied ❑�cuments or �y law upvn�he
<br /> vccurrence❑�any e�ent ofi defaul�, including the righ�to exercise�he p�wer of sale;
<br /> �f�} Commence an acti�n�v �far�cfose this Deed vfi Trust as a mor�gage, appoinfi a reGei�e�or specificaliy
<br /> enforce any of the co�enan�s herevf; and
<br /> �c} ❑eli�er t�Trus�ee a written decfaratian a�de#ault and demand for sa�e and a written notice o�defau��
<br /> and elec�ion to cause Trustor's in�keres�in the Praperty fiv be sold, wh�ch natice Trus�ee sha�l cause to he
<br /> duly filed fvr record in the appropria�e vffices�f the County.in which the P�-operty is loca�ed; and
<br /> �d} �111i�h respec�ta all or any par�o�the Pe�-sonal Property, Lender shal� ha�e all�h� righfis and remedies
<br /> o�a secured party under�he Nebraska Uni�fo�rm Commerciaf Code.
<br /> ForecEosur� by Power of 5ale. 1f Lender elects t❑foreciose 1ay exercise of the Power o�5ale herein cantained,
<br /> Lender shall natify Trus�ee and shall depvsi� wi�h Trus�ee this l�e�d a�Trust and the No�e and such receipts
<br /> and e��dence❑f expendi�ures made and secured �y�his ❑eed v�Trust as Trustee may require.
<br /> {ay Upon receipt o�such nati�e from Lender,Trustee shal[ cause�o be �-ecorded, pulalished and delivered
<br /> �❑ Trustor such Nvtice ❑f Default and Notice ❑f Sa�e as then �-equired hy laW and by�his ❑eed of Trus�.
<br /> Trustee shall, withaut d�mand vn Trustor, after su�h time as may �hen �e required by ��aw and after
<br /> recorda�ion ❑f such Notice vfi ❑efau�t and after N��ice ❑fi Sale haWing �een gi�en as required by law, se{E
<br /> the Praperty a� the �ime and place af sale fixed by it �n such NQtice of Sale, either as a wh�le, or in
<br /> separate fvts ar parce�s flr items as Trustee shalf deem expedien�, and in such order as tt may defiermine,
<br /> at pub[ic auction�❑the highes�k bidder�or cash in �awtul mvney of�he United States payab�e a��he time
<br /> v� sale. Trustee shal� deli�er �o su�h purchaser �r purchasers �herevf its �avd and sufficient deed or
<br /> deeds con��ying the property so sold, bu� without any co�enan� or warran�ky, �xpress �r implied. The
<br /> recitals En such deed o-� any mat��rs or facts shail be canclusi�e proo� o�the tru�hfulness therevf. Any
<br /> person, including wi�hou�limita�ion Trustor,T�us�ee, vr Lender, may purchase at su�h sale.
<br /> �b} As may be permitted by law, af-�er deducting all cvs�s, �ees and expenses o� Trustee and ❑f �his
<br /> Trust, including cos�s of e�idence of�itle in connec�ion wi�h sale,Trustee shall apply�he proceeds a�sale
<br /> �❑ payment o� �i} a!I sums expended under the terms vf fihis Deed of Trus�or under the�terms of the No�e
<br /> nat �hen repaid, including hut nvt limi�ed to accrued in�erest and late charges, �iE} al� other sums �hen
<br /> secured hereby, and {iii� the remainder, i�any, �o�he person or persons �egally en�i�led ther��to.
<br /> �c} Trus�ee may in�he manner pro�ided by law pos�pane sale a�a�I ar any por�ion❑fi�he Prvper�y.
<br /> Remedies Not Exclusive. Trusfiee and Lender, and each of �hem, shall be en�itled t❑ enfa�-ce payment and
<br /> perfivrmance of any indeb-�edness �r alaiigati�ns secured by this Deed of Trust and to exercise alI rights and powers
<br /> under this Deed of Trust. under the Note, under any of�khe Related Documents. ❑r under any other agreement vr
<br /> any faws n�w ❑r hereafter in fn�-ce; notwiths�anding, some vr all ❑f such indebt�dness and o��Fga�ions secured �y
<br /> this ❑eed �f Trust may now vr herea�ter be vtherwis� secured, whe�her by mort�age, deed ���rust, pEed��, Eien,
<br /> assignm�nt or ❑�herwise. Ne�ther the a�ce�tanc� of fihis Deed ❑�F Trus� nor i�ks enforcemen�, whether by court
<br /> action vr pursuant�o �he pawer ❑f sal� fl�r o�her pvwers Gontained �n �his Deed ❑f Trust, sha�! prejudice or in any
<br /> manner affect Trus�ee's ❑r Lender's right to realize upon ❑r �nfarce any ofiher securi�y now or hereafter heEd �y
<br /> Trustee v�Lender, i#being agreed�hat Trus�ee and Lender, and each o��hem, shall be entifi�ed ta enforce�his Deed
<br /> ❑�Trust and any other se�urity nvw vr hereaf�er heid by Lender or Trustee �n SUCh ❑rder and manner as they or
<br /> either of fih�m may in their absv[ute discretion de�termine. No �emedy can�ferred up�n ❑r reser�ed �a Trustee or
<br /> Lender, is infiended to be exclusive ❑f any ❑ther remedy in this I�eed ��Trus�or by law provided or,permi��ed, bu�
<br /> each shall be cumula�i�e and shafl be in addi�ion fiv e�ery ❑ther remedy gi�en in �his Deed ❑� Trust ❑r now ❑r
<br /> hereafker exist�ng at[aw❑r in equity❑r by s�a�u�e. E�ery power❑r remedy gi�en by�he No�e or any o��he Rela�ed
<br /> ❑acumenfis fio Trusfiee vr Lender ar �o which �ither of them may be o�herwise entitled, may be �x�rcised,
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