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��15�1���
<br /> �]EE� �F T�US1"
<br /> ��o�t[nued} page �
<br />� Bor�ower's or Trus�ar`s proper�y in �vhich Lender has a �ien. This includes �aking of, garnishing of or levying on
<br /> garrower's ar Trus�or's accounts wi�h Lende�. Howe�er, if Borr�wer or Trustar d�sputes �n goad fai�h whether the
<br /> claim on which the taking af the Pr�pe�ty is �ased is �afid or reasanable, and i�Borrawer or Trusta�gives Lende�
<br /> w�iften not�ce of�he claim and�urnishes Lender with mon�es or a surety bond sa�isfac�ary to Lender fo satisfy the
<br /> ��aim,then this d,efaul�provisian will not a�apl,y.
<br /> Bcea�h o���her Agreemen�. Any breach by gorrovuer or Trustor under�he terms o�any other agreement betwe�n
<br /> Bor�ower or Trus#or and Lender that is not remedied wi�h�n any gra�e period pro�ided therein, inc�uding without
<br /> limitafiian any agreement concerning any indebtedn�ss or o�her obliga�ion af Borro�ruer �r Trustor to Lender,
<br /> whether existing now or later.
<br /> Even�s A#fec#ing Guarantor. Any of the pre�eding �vents occurs w�th respec�to any guarantor, endorser, surety,
<br /> �r accammodatian pa�k� o� any of the lndebtedness ar any guarantor, endarser, surety, or accommadatian �ar�y
<br /> dies or be�omes in�ompe�ent, ar re�okes or dispu�es the �alidity of, or liabili�y under, any Guaranty of the
<br /> lndebtedness,
<br /> RI�HTS AND REME�IES �N DEFAULT, l�an Event of Default accurs under�his Deed❑f Trust, a�any#ime thereaf�er,
<br /> � T�us�ee ar Lend�r may exercise any ane❑r more❑�the f�l�owing rights and r�medies:
<br /> A��eleratian Upan Defaul�; Addi�ional R�medies, If any Event o�Defauft oc�urs as per the ter�ms ofi�he Note
<br /> secured hereby, Lender may decfare ali �ndebtedness secured hy this Deed o�T�us��o be due and payable and
<br /> the same shail the�eupan become due�nd payable without any presentmen�, demand, protest or notice of any
<br /> kind. The�-eafter, Lender may:
<br /> �a} E�ther in person or by agent, with or without bringing any actian or proceeding, or by a receiver
<br /> appointed hy a cou�t and without regard to the adequacy of its security, enter upon and take possession
<br /> o��he Property, or any part thereo�, in its own name ar in the name of Trustee, and do any aG�s which it
<br /> deems necessary ar des€rab�e to presen�e the value, marketabili�y ar rentab�li�y a�the Property, or pa�af
<br /> the Prope�ty or in�e�est in the Property; increase the income€rom the Property ar protec�the secur�ty of
<br /> the Prope�y; and, with or with�ut taking possession o�the Prope�ty, sue for or o�henwise callec� the
<br /> ren#s, issues and pro��ts of the Praper�y, inciuding those past due and unpa�d, and apply the same, I@55
<br /> costs and expenses of operati�n and col�ect��n attarneys'fees, t�any indebtedness secured by this❑eed
<br /> nf Trust, all in such order as Lender may determine. The entering upon and taking p�ssessi�n of the
<br /> Property, the col�ectian ofi such rents, issues and pr��its, and the appiicatian thereo#shall not cure or
<br /> wai�e any defau��or notice of de�ault under#his ❑eed af Trust or in�aiidate any ac�dvne in response to
<br /> � such default ar pursuant�o such notice af d�faul�; and, notwiths�anding the continuan�e in possessi4n of
<br /> the Prope�#y or th� �ol[eefion, receipt and appiication af r�nts, issues ar pro�Fits, Trustee ❑r Lender sha�l
<br /> be enti�led to exer�ise every righ�provided for in the No�e a��he Re[ated Documen#s or by law upon �he
<br /> accu�rence of any e�ent❑�de�aul�, in�luding�he righ��a exe�cise�he power o�sa�e;
<br /> �b} Cammence an act�on �o�oreclose�h�s Deed o�Trust as a mor�gage, appoint a recei�e�or specifically
<br />� enfo��e any o�the co��nan�s hereof; and
<br /> �c} Deli�er�o Trus�ee a wr�t�en declara�ion ofi default and demand �or sale and a written natice ot de�ault
<br /> and e�ection to�ause Trustor's in�erest in �he Property�to be sold,which notic�Trustee shalL c�use to b�
<br /> du�y��led�or record in�he app�opria�e offices o�the Caunty in wh�ch #he Property is located; and
<br /> (d} W�th �espect�o a�l or any part of th� Personaf Pr�perty, Lender sha�l have all th� rights and remedies
<br /> o�a secured pa�y under the Nebraska Un�farm Commerciai Code.
<br /> Foreclosure by Powsr of Sale. If Lender eiects to'�areclose by exerc�s�of the Powe�of Saie herein contained,
<br /> Lender shall notify Trus�ee and shall deposit with Trust��this Deed o�Trust and the Not� and such receipts
<br /> and e�id�nce of expenditures made and secured by this Deed of Tr�ust as Trustee may require.
<br /> (a} lJpon receipf ofi su�h notice from Lender,Trustee sha![ cause to be recorded, pub�ished and deliv�r�ed
<br /> �o Trus�or such Notice a�Default and Not�ce o�Sale as then required by Iaw and by this Deed o€Trust.
<br /> Trus#ee shali, without demand on Trustor, after such time as may �hen be required by law and a�ter
<br /> recorda�ion o€such Natice o�Default and after Notice o'�Sale ha�ing been g�ven as �equired by law, sell
<br /> �he Property at the time and place of sale fixed by �� in su�h Na�ice of Sa�e, ei�her as a whole,_ar in
<br /> separa�� �o�s or parcels or i�ems as Trustee sha�� deem expedi�n�, and in such ❑rder as if may de�ermine,
<br /> at pubfic auction to �he highes�bidder for cash �n [awful maney of�he L1n�ted S�ates payable at the time
<br />� af sale. Trus�e� sha�i de�iver to such purchas�r or purchasers thereof ifis good and suffic�ent deed ar
<br /> deeds ��n�eying the prop�rty sa sold, but withou��any co�enant o�warranty, express or €mpl�ed. The
<br /> recitals �n su�h deed of any matte�s o�fa�ts shal� be conclusi�e proof of th� truthfulness there�f. Any
<br /> person, �n�luding withou��im��a�ion Trustor,Trus�ee, ar Lender, may purchase at su�h saie.
<br /> �b} As may �ae perm��#ed hy law, after deducting ali costs, #e�s and expenses of Trus�ee and of this
<br /> T�ust, including costs�f e�idence of title in connection with sale,Trustee shall apply the proceeds o�saie _
<br /> �o payment o� �i}ali sums�xpended unde�the terms❑�this ❑e�d of Trust or und�r the terms o�the Note
<br />� n�t �hen repaid, �ncluding bu� na� limit�d to accrued in��res# and 1a�e charg�s, �i�} a�1 other sums then
<br /> � secured her�hy, and �iii}the remainder, if any,ta the person or persons legaily entitled�here#o.
<br /> �c} Trustee may in the manner pt�a�ided by�aw postpone sale of all or any p�r�ion of the Proper�y.
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