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��15�3335
<br /> �]EED �F �TRUS�'
<br /> {Continu�d� Page �
<br /> permission,foreclosure by the holder of ano�her lien,or the use of�'unds or the dwelling�or proh�bited purposes.
<br /> R[GHTS AND REMEDIES QN DEFAULT. 1�an E�ent o�Default occu�s under this Deed o�'Trust, at any time�hereafter,
<br /> Trustee❑r Lender may exe�cis�any an�or mo�e�f the following r�ghts and remedies:
<br /> � Acceleratinn Upon ❑e�ault; Addi�iona� Remedies. If any E�ent of De�auft oceurs as per the terms o�the Credit
<br /> Agreemen�secur�ed h�reby, L�nder may declare aN fndeb�edness secur�d by this Deed of Trust to be due ar�d
<br />� payab�e and�he same shal�thereupan become due �nd payable wi�hout any presentment, demand, p�otes.t vr
<br /> notice o�f any kind. Thereafter, Lender may:
<br />_ ta} Either in p�rsan o� by agentr Wl�h or without br�ng�ng any actian or proceeding, o�- by a r�cei�er
<br /> � appointed by a cou�t and without regard to the adequacy of i�s security, enter upon and tak� possession
<br /> of the Property, vr any part thereo�, in its�wn name fl�in the name of Trustee, and dfl any acts which it
<br /> d�ems necessary or desirable to pres�rve the�alue, marl�etabi�i�y or rentab�lity�f�he Proper�y,or par�❑f
<br /> the Prope�ty or interes��n the Proper-ty; increase the income from the Property or pro#ect the securi#y of
<br /> the Property; and, w�th o� wi�hvut taking possession o�F �he Property, sue �or or otherwise cal�ec� the
<br /> ren�s, issues and profits o��he Praper�y, including those past due and unpa�d, and apply the same, ��ss
<br /> �as�s and expenses af aperat�an and collection attorneys'fees,to any indebtedness secured by this Deed
<br /> o€ Trus�, all in such order as Lender may determine. The entering upon and �aking passession of the
<br /> Praperty, �he col�ection af such r�nts, issues and profits, and the application �hereof shail no� cure or
<br /> wai�e any defaui�or notice ❑f default under this Deed o�Trust�r in�a�ida�e any act done in respanse to
<br /> such defaui�or pursuan�to such na#ice of default; and, no�withstanding�he con��nuance in possess�on of
<br /> the Property❑r the collec�ion, re�eipt and applicat�on of�ents, issu�s or profi�s, Trustee-ar Lend�r shai[
<br /> be enti��ed tfl exercise e�ery right pro�ided f�r in �he Credit Agreement ar the Rela�ed Documents ❑r by
<br /> faw upon the occurrence of any e�ent af defaul�, including th�right tv exercise�he powe�of sale;
<br /> �b} �ammence an action to forec�ose this ❑eed o#Trust as a mor�gage, appoin#a recei�er vr sp�cifically
<br /> enfarce any a�the co�enants hereof; and
<br /> �c} Deli�er ta Trustee a writfen de�laraf�on vf default and demand�or sale and a written notice of defaui#
<br /> and elec�ion to cause Trustor's interest�n the Property to be sold,which notice Trus�ee shall cause to be
<br /> - duly fil�d for reco�d in#he appropriate offrces of�he�oun#y in vvhich the Proper�y is loca�ed;and
<br /> �d} W�#h respe�t tn a�l or any patt of the Personal Properfiy, L�nde�-shall have a!�the rights and r�medies
<br /> ❑f a secured party under the Nebraska lJni#'orm�amme�-�ial Code.
<br /> For�closure by Power of Sale. !�Lender elects�o foreclose by exerGise of the Power of Sale herein contained,
<br /> Lender shall no#ify T�ustee and shail deposit with Trustee �his D�ed ��Trust and the Credit Agreement and
<br /> such rece�p�s and e�idence of expenditures rnade and secured by this Deed af Trust as Trus�ee may�equire.
<br /> - �
<br /> �a} Upon �ece�pt o�such no�ice from Lender, Trustee sha�l cause to be recorded, published and deli�ered
<br />. �o Trustor su�h Notice of De�ault and Not�ce v�Sale as�hen required by�aw and by fihis Deed af Trust.
<br /> Trusfee shall, without demand on Trus#or, afte� such #ime as may then be requ�red by law and a�ter
<br /> recordation of such Notice of Defau�t and a�ter No�ice of 5ale ha�ing been gi�en as requi�ed by law, sell
<br /> th� Praper�y at the �ime and place v� sa�e fixed by i� in such Na�ic� of Sale, e�ther as a whale, or in
<br /> sepa�ate lots or pa�cels�r items as Trus#ee shal�deem expedi�n�, and in such order as i�may determine,
<br /> at pubfic auction ta th�highes� bidder for cash in lawful maney of the Un��ed States payab�e at�h�t�me
<br /> . �f sa�e. Trustee shall de�i�er �o such purchaser or purchasers �hereof i�s good and sufficient deed ❑r
<br /> deeds �on�eying the praper�y so soid, bu�without any co�enant ar warranty, express a� imp�ied. The
<br /> reci�als in such deed o�f any matters or facts shali be canclusi�e proaf of�he truthfulness�hereo�. Any
<br /> person, includ�ng wi�hou��imitation Trustor,Trustee,or Lender, may purchase at such sa�e.
<br /> �b} As may be permit�ed by �aw, a�ter deducting all cos�s, fees and expenses a�Trus#ee and o� this
<br /> Trus�, �nclud'€ng costs vf e�idence of�itle in connection with sale,Trustee sha�l appiy�he proceeds vf sa�e
<br /> to payment o� �i} all sums expended under the terms of�h�s Deed o�Trust or under the terms of the
<br /> . �redit Agreement nat then repaid, in�Iuding #aut not limited �fl accrued �nterest and late charges, �ii} all
<br /> o#her sums�hen secured hereby, and �i�i}th� remainder, if any, #o the pers�n or persons legally entitl�d
<br /> �hereto.
<br /> tc} Trustee may in the manner p�o�ided by law postpone sale of all or any portivn of�he Property.
<br /> Remedies Not Exc�usi�e. Trustee and Lender, and eaGh of �hem, shall be entitled to enforce payment and
<br /> per�orman�e of any indebtedness❑r obiigations s�Gured by this Deed of Trust and to exercise all rights and p�we�s
<br /> under this Deed vf Trus�, under�he Credit Agreemen�, under any o��he Relat�d Do�umen�s, or under any othe�
<br /> agre�ment or any laws now ❑r hereafter in foree; notwi�hstan�ling, same o� all of su�h �ndeb#edness and
<br /> obligations secured by this Deed a�Trust may nvw or here��ker be o�he�wis�secured,whether by mor�gage, deed
<br /> o�trust, pledge, �ien, assignment vr o�hen►vise. Nei�her the ac�ep�ance of this Deed �f Trust nor its enforcement,
<br /> whether by cour� ac�ion o� pursuant to �he pv�rver of sale or othe� powers contained in this Deed of Trust, sha11
<br /> , prejudice or in any manner a�Fect Trustee's or Lender's righ�ta realize upan or�nforce any v�her s�cur�ty now or
<br /> hereafter h�ld by Trustee or Lender, ��be€ng agreed that Trustee and Lender, and each of them,shall be ent�tled to
<br /> � enforce �his Deed vf Trust and any o#her securi�y now or herea�t�r held by Lender a� Trustee in such order and �
<br /> manner as they or eithe� o� them may in the�r absolute di5cretion det�rmine. No remedy conferred upon vr
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