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<br /> L�EEi3 �F TRUST �
<br /> L�an Nv: 'i�'1�g4��9 �Continued� Page 7
<br /> � �� appointed by a courfi and inrithout�regard �o the adequacy of.�its�security, �nfi�r�up�n and �ake p�ssession
<br /> � � ' 'vf��the Property; or any�part thereof,�in�its own name ❑r i�n the name a�Trus�ee, and d❑ any acts which it
<br /> deems ne�essary or desira�fe�❑ preser�e�he r�alue, marketa�ility or�-�ntability ❑f�he�Property;` or part o�
<br /> �-. : �. .�he Prvperty or interes�t:in;.the-P�-operty; increase �he income�from the Praperty or profiect the�security�vf ..
<br /> . � . �-. �he Proper�y; and; wi�h or wi�hout �aking possession af.�he Prop�rty,-sue for or o�her�wise�,ca,��ect,�he.
<br /> ,;.µ -;, � : ._.ren�s, issues and pro�Fi�s.of�he:Property, including�those pas��due:,and unpaid,.and apply_the�same,�,less.
<br /> ,. „ , ; ,-. cvsts and expenses of❑peration and collection a��orneys'_�fees, �o any,indebtedness,secured by�his.Deed
<br /> . of Trus�, all in such order as Lender may defiermine. The entering upan.and �aking poss�ssion o��he.
<br /> Property, the collection o� su�h renfis, �ssues and p�ro�its, and the applica�ion therea� shall na� cure ❑r .
<br /> � waive any de�au4fi vr n�t�ce ❑f default under this Deed of Trus� ar inWalidate any ac� done in respanse �v
<br /> such d�fault o�-pursuant�❑ such nofiice o�defau�t; and, notwiths�anding�he c�n�inuance in pvssession of
<br /> �he Property ❑r th� coll�c�ion, receipt and appli�a�ion ❑� ren�s, issues ❑r profi�s, Trustee vr Lender shall
<br /> be entitled tn e�ercise e�ery �ight prv�ided for in the No�e or the Rela�ed �acuments or by law upon�he
<br /> occurrence❑f any e�ent❑�defaui�, including the right to exercise the power vf sale;
<br /> {h� Commence an acfiion�❑ foreclose�his �eed vf Trus� as a mor�gage, appaint a recei�e�-❑r speci�ically
<br /> enforce any❑f�he caWenants hereo-�; and
<br /> {c} �eli�er t❑Trus�e� a v+��itten declara�ion of de�ault and demand�a�safe and a written not�ce ❑f de�au�t
<br /> and eiection�� cause Trus�ar's interes�in�he Property�❑ be sald, which nv�i�e Trus���shall cause�to he
<br /> �� � � duiy�iled fvr recard in the appropria�e offices of�he Caun�y in whicn�the Property is iocated; and � �
<br /> r
<br /> �d} Vllith respec�t❑ all ❑r any par�❑f�he Persanal Property, Lender shall ha�e all�he rights and remedies
<br /> o�a secured party under�he Nebraska Uni-�vrm Gommercia[ Code.
<br /> Fvrec�osure hy Power o�Saie. lf Lender�lec�s�o fare�lose by exercise of fihe Pawer of Sale herein cvn�ained,
<br /> Lender shall na�i�y Trustee and shall depasi� with Trustee this ❑eed ❑f Trust and the Nate and such receipts
<br /> and eWidence o�expendi�ures made and seGured by this Deed o�Trust as Trustee may require.
<br /> �a� Upan receipt❑�such no�ice-�rom Lender, Trustee shalf cause�o be recvrded, published and deli�ered
<br /> to�Trust�r such No��ce ❑fi ❑efiault and IIIo�i�e ❑f Sale as then required by law and by this Deed of Trusfi.
<br /> Trus�ee shall, withou� demand an Trus�or, af�er su�h-�ime as may �hen be��-squired by law and after
<br /> � re�orda�ian af su�h No�ice v� �]ef�ul� and afker No�ice ❑f Sa[e havin� been gi�en as required by �aw-;�sell
<br /> �he Praperty a� the�time and=p�ace�of sale �ixed�•by i� in such=Notice�❑�F 5ale, ei�her as� a wha�e, �or in
<br /> _ � . ,separa�e la�s ❑r parcels vr i�ems as Trus�ee shall�deem expedien�, and in such ❑rder as it..may determine,
<br /> _. - _y' ,..: a�_public auction to�he.highes� I��dder for cash�in�law�ul.maney ❑fi��he �_nited 5ta�es pay.able-a�k�he.time
<br /> . ^�....r._ ; of:sale. .Trustee shall,.deliver.�o_such.pur.ehaser or_pur.chaser-s.�hereof its;gaod�and su�.�icien� deed vr
<br /> . � . •; , -deeds-c�n�eying fihe pr.vper�y;so,;so�d,-bu:k:w�thou� any�co�enant:or rwarran�y,.express ar.implied. r:The
<br /> � ., �: recitafs.in.-such deed_.of;any mat�ers..or facts shall.be::canc�usi�e p�-oo� ❑�the tru�hfulness therevfi. :Any
<br /> . . person, including.withou�limitatian Trustvr,Trus�ee, ❑r Lender,_may purchase at such sale. :
<br /> � �b}� As may 1�e permit�ted hy law; after deducting al[ cos�s,��ees and expenses ❑f Trustee and o� this
<br /> Trust, including cvs�s ��f e�idence ❑�tit�e in conne��ion�with sale,Trus�ee shalf app�y the pr�ceeds o�sale
<br /> ta paymen�❑�f �i� all sums expended under�he�erms o��his ❑eed ❑f Trus�ar under�he�erms ❑�f the Note
<br /> not then repaid, including but no� limited �a accrued inte�-est and [ate charges, �ii} all ❑�her sums �hen
<br /> secured hereby, and {iii�the remainder, i�any, �o�khe persan❑r persons �egalIy�ntitfed�here�o.
<br /> {cy Trus�ee may in�he manner pro�ided by law pas�pane sale v�al[�r any portion o�the Property.
<br /> Remedies Not Exclusive. Trustee and Lender, and each o� fihem, shall be en�itled ta enfi�rce payment and
<br /> performance o�F any indebtedness or❑b�iga�ions secured by this ❑eed af Trust and to exercise all righfis and pvwers
<br /> under-�his D��d a�Trus�, under the No�te, unde�- any ❑f�he Related Documents, �r under any other ag�eemen� ❑r
<br /> any laws now ar hereafker in force; notwifihs�anding, svme or aI� ❑-�such 3ndeh�edness and ❑bliga�ians secured by
<br /> this ❑eed ot Trus� may now ❑r hereafker be ❑therwise secured, whe�her by marfigage, deed ❑f t�ust, pfedge, �ien,
<br /> assignment or afiherr�vise. N�i�her �he acceatance of t�is G�eed of Trust nvr :�ts E,�forcerne��, whether by cv�r�
<br /> activn ar pursuan�t❑ �he pawer of sa�e or ��her powers �on�ained in fhis �eed a�Trus�, shall pre�udice ar in ar7y
<br /> manner a�F�ect Trus�tee's or Lender's righ� �o reaiize upon ❑r en�or�e any vther se�urity naw ❑r hereafter held by
<br /> Trustee ❑r Lender, ifi being agreed that Trus�ee and Lender, and ea�h❑fi them, shall be enfii�led t❑ enfarce this Deed
<br /> ❑�Trusfi and any ❑�her securi�y now or hereafter he�d by Lender or Trustee in such ❑rder and manner as they a�
<br /> ei�her o-� �hem may in their absofu�e discre�ian dete�-min�. No remedy �on�erred upan vr reser�ed �o Trustee v�-
<br /> Lender, is intended �o he exclusi�e of any o�kher remedy in this Deed ❑�Trus�k❑r by [aw prv�ided ❑r permi��ed, bu�
<br /> each shall be cumulatiWe and shaI� be in addition �o e�ery ❑�her remedy gi�en in this ❑eed ❑f Trus� ❑r now ❑r
<br /> hereafter exis�ing at law or in equi�y or�y sta�ute. E�ery pawer or rem�dy gi�en hy the Na�e or any vf�he Related
<br /> ❑ocuments ta Trus�ee or Lender or to which ei�her of �hem may be otherwise en�ifiled, may be exerc�sed,
<br /> concurrent�y ❑r independenfily, from time ta time and as o�ften as may �e deem�d e�cpedient by Trustee or Lender,
<br /> and ei�ther o�.them may pursue inconsis�ent remedies. Nathing in �his ❑eed vf Trust shall be cans�rued as
<br /> pr.ohibiting L�nder from seeking a de�f�ciency judgmenfi against�he T�-ustor to,�he extent such action is permitted by
<br /> law. E�ect��n by L�nd�r�fio pursue .any remedy shall_not exc�ude pursui� ❑� any ather remedy, and an ele��ion �❑
<br /> make expendi�ures�or�o �ake action ta perfarrn�an obligatian af�Trus�or under this Deed ❑f Trust; after.Trustor's
<br /> �Failu�-e to perfarm,sha�l nat a��ec�Lender's right to declare a de�Fault and exercise i�ts r=emedies.� ���
<br /> �. _:.. ��: . . :. .� . . � ..., , � � � �, - _ .. . �. �. .�,� .- : : :: - .� . �� .. .. �.
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