��15��355
<br /> DEED �F TRUST
<br /> Lvan No; '1�1254915 ��ontinued} Page 7
<br /> R1GHT5 AND REMEDfES DN DEFAULT. If an E�ent�� ❑efault accurs under�his Deed ❑�F Trust, at any time thereafter,
<br />� Trustee or Lender may exercise any❑ne or more of the follvwing righ�s and remed�es:
<br />�
<br /> A�ceEeration Upon De�ault; Additiona! Remedies, lf any E�ent of Default occurs as per�he terms ❑fi fihe Note
<br /> secured hereby, Lender may declare all Indebtedness secured by�his Deed ot Trus�to be due and payaiole and
<br /> the same shall thereupon became due and payable without any presentment, demand, prot�st❑r nvtice vf any
<br /> kind. Thereafterr Lender may:
<br /> ta7 Either in person ar by agent, with ❑r withou� bringing any action ❑r proceeding, ❑r by a receiver
<br /> appoin�ed by a cvurt and without regard �v the adequacy ofi i�s security, enter upan and take passession
<br /> of the Property, or any part thereof, in its own name ar in the name a�Trustee, and do any acts whiGh it
<br /> deems necessary ❑r desirable to preser�e the value, mark��abil�ty ❑r ren�ab�lity of the Prvperty, or par�of
<br /> �he Property ❑r interest �n the Property; increase the incvme frvm the Property �r profiec�t the security o�
<br /> the Property; and, with ❑r wi�hvu� �aking pvssession af the Property, sue �or or o�herwise cvllect �he
<br /> �-ents, fssues and profits of�he Prvperty, in�luding �hose past due and unpasd, and apply the same, less
<br /> cos�s and expenses ❑f operat�on and �vllectian attvrneys' fees, tv any indebtedness secured by�his Deed
<br /> ❑f Trus�, aIl in such order as Lender may de�ermine. The entering upon and taking passessEon �f the
<br /> Praperty, the co�lection ❑f such ren�s, issues and pro�sts, and the app[ication thereofi shall nvt cure vr
<br /> wai�e any default vr natice vf default under this Deed ❑�Trust or �nva�idate any ac� done in rssponse fio
<br /> such default or pursuant�❑ such notice of de�faultr and, natwsths�anding the cvntinuance in possess�on of
<br /> �he Property ar the collection, receipt and appfication of rentsr issues vr prafits, Trustee or Lender shall
<br /> be en�i�led t� exercise e�ery r�ght prv�ided for in the Note or the Re[a�ed Dvcuments vr by law upvn the
<br /> occurren�e ❑f any e�en�v�default, including�the right tv exercise the pawer vf sale;
<br /> �b} Gommence an action to foreclase this �eed af Trust as a mortgage, appoint a rece��er❑r specifically
<br /> enfvrce any��f the cv�enants hereo�; and
<br /> �cy Deli�er�❑ Trus�ee a written declaration a�default and demand for sale and a written no�ice of de�aulfi
<br /> and elec�ivn to cause Trustor's interest in the Proper�y to be sold, which notice Trustee shall cause�o be
<br /> duly filed far recard in the appropriate offices ❑�the Cvunty in which�he Praper�y is lacated; and
<br /> �dy With respect t❑ all ar any pa�t vf�he Personal Prope�ty, Lender sha[I ha�e al[the rights and remedi�s
<br /> of a secured party under�he Nebraska Uniform Cvmmercial Code.
<br /> Fvreclosure by Power of Sale, If Lender�lec�s�o fvreclose by exerc�se ❑fi�he Pvwer of 5ale herein �vntain�d,
<br /> L�nder shall not�fy Trus�ee and shall deposit with Trus�ee this Deed of Trusfi and �he Nate and such receipts
<br /> and e�idence af expenditures made and secured by�his �eed ❑�F Trust as Trus�ee may require.
<br /> {a� Llpon recejpt❑f such notice from Lender� Trustee shal� cause t❑ be re�vrde�, pub�ished and deli�ered
<br /> � to Trusfor su�h Notice of ❑efault and Notice ❑f 5ale as �h�n required by law and by this Deed vf Trust.
<br /> Trustee shalf, without demand nn Trustar, a�ter such time as may then be required by iaw and af��r
<br /> r�cvrda�ion of such No�ice of Defaulfi and afiter Nn�ice ❑f Sale having been gi�ren as required by law, seil
<br /> the Proper�y a� the time and p�ace of sale fixed by �t in such Natice of Saler either as a whale, vr in
<br /> separate Iots or parcels or items as Trus�ee shall deem expedien�, and in such order as i� may determine,
<br /> at publi� aucfian t❑the highest bidder fvr cash Fn lawful money vf the United 5tates payable at�he time
<br /> of sale. Trustee shall deliver �o such purchaser ❑r purchasers thereo� its govd and sufficient deed ❑r
<br /> deeds can�eying the praperty s❑ so�d, bu� without any covenan� or warranty, express or implied. The
<br /> recitals in such deed af any matters ar facts shall be conclus�ve proo� af the tru�hfulness therev�. Any
<br /> persan, including without limitation Trus�orr Trustee, or Lender, may pur�hase at such saje,
<br /> {b� As may bs permitted by law, af�er deducting all cvsts, fees and expenses o� Trus�ee and ❑f this
<br /> Trust, including casts a�evidence o�title in cvnnec�ion with sal�,Trustee sha[i apply the proceeds af sale
<br /> t❑ payment of ��� a[I sums expended und�r the�erms of�his ❑eed of Trus�or under the terms of�he Note
<br /> nat then repaid, including bu� nvt limi�ed t� accrued {nterest and [ate charges, �ii� all ❑fiher sums then
<br />� secured hereby, and �i�i� the remainder, if any,�o the persan❑r persans legaf�y en�i�led thereto.
<br /> �c� Trustee may in the manner pro�ided by law pvstpone sa[e of all or any por�ivn of the Praper�y.
<br /> Remedies Nvt Exclusi�e. Trustee and Lender, and each o� them, shall be entitfed ta enfvr�e paym�nt and
<br /> performance ❑�any indebtedness ❑r obligations secured by this Deed of Trust and t❑ exer�ise al! righ�s and powers
<br /> under this Deed o�Trust, under �he Note, under any o��he Re�ated Documents, or under any ❑ther agreement or
<br /> any laws now ❑r hereaf�er in force; notwiths�anding, same ❑r all of such indeb�tedness and ohligat�ans secured �y
<br /> this Deed ❑�Trust may naw ❑r hereafter be otherwise secured, whefiher i�y mvrtgag�, deed vfi trust, pledge, lien,
<br /> assignmen� ❑r ❑therwise. Neither �he acceptance of this Deed ❑f T�ust n�r i�s enfarcement, whether by cvurt
<br /> actian vr pursuant to the power �f sale or o�her pvwers contained in this Deed ❑�T�ust, shali prejudice ❑r in any
<br /> manner a��ect Trustee's ❑r Lender's right to realize upon ❑r enforce any other security now ar herea�ter held by
<br /> Trustee❑�-Lender, it being agreed that Trus�ee and Lender, and each❑�them, shall be en�i�led to enforce this Deed
<br /> of Trust and any o�her s�curi�y now �r hereafter he�d �y Lender or Trustee in such order and manner as �hey or
<br /> . ei�her a� them may in their absolute discretivn determ�ne. No remedy con�erred upon vr reser�ed �o Trus�ee or
<br /> Lender, is in�ended t� be exciusi�e of any other remedy in this Deed vf Trust or by law prv�ided or pe�mi�tedf but
<br /> each sha�i be �umulafii�e and shali be in additian �a e�ery other remedy gi�en in �his Deed of Trust ar naw �r
<br /> herea�ter ex�sting at law ❑r in equ�ty or by s�afiu�e. E�ery power ar remedy giWen by the Note or any a�the Rela�ed
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