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��15�373�
<br /> DEED C]F TRlJST
<br /> ���ntinued� �a�� � �
<br /> Creditvr or Forfeiture Proceed�ngs. Commencement af fore�losure ar farfeiture pra�eedings, whether �y judicial
<br /> pro�eeding, se�f-he1p, r�possession or any other me�hod, by any �reditvr of Trustvr or hy any go�ernm�ntal agency
<br /> against any property securing the lnd�btedness. This includes a garnishment of any vf Trustor's acc�unts,
<br /> including depasit a�counts, with Lender. Hawe�er, this E�ent of �efaul�k sha�� nv� appfy i� there is a gvod faith
<br /> disput� by Trust�r as to the validity or reas�na�leness ofi the �laim which is the �asis �f the cr�ditor or forfeiture
<br /> proc�eding and if Trustar gi�es Lender writ�en notice of the �redi�or or fior�eitut�e praceeding and depvsits with
<br /> Lender mvnies vr a su��ty bvnd fi�r#he credi�or vr�arfe�tur� proceeding, in an amoun�determined by Lender, in its
<br /> sole dis�r��ivn, as being an adequate reser�e ar band for the dispute.
<br /> greach of�ther Agreement. Any br�ach by Trustor under the terms of any other agr��ment bet►�v��n Trusfior and
<br /> Lender that is not remedi�d within any grace p�rivd pro�ided therein, inc�uding withvut limitati�n any agreement
<br /> cancerning any indek�tedness or vther obligativn of Trustvr t� Lender, wheth�r existing now or later.
<br /> E�ents Affe�#ing Guaran#or. Any af the preceding e��nts occurs with respect to any Guaran�or vf any vf the
<br /> Indebtedness Qr any Guarantor dies or becomes incampetent, o� re�okes or dispufies the �alidity vf, or liab��i�y
<br /> under, any�uaranty ofi the lndebtedness.
<br /> Adverse Change. A materia[ ad�ers� change accurs in Trustvr's finan�ia! candition, or Lender belie�es the
<br /> prospect o�payment vr performance o#the lndebtedness is impaired.
<br /> Insecuri�y. Lender in gvod faith belie�es itself insecure.
<br /> R�ght to Cure. If any default, other�than a de�aul�k in payment is curable and if Trus�tor has not heen gi�en a n�tice
<br /> of a breach af�he same pro�isian af this ❑eed of T�-us�wi�hin fihe preceding twelve t�2} manths, it may be cured if
<br /> Trust�r, after Lender sends written n�tiGe tv Trus�or demanding cure vf such default: �1� �ures the defaul�within
<br /> tw�nty t��} days; or ��y if �he cu�e r�quires more than t►rventy ���� days, immedia�ely ini�iafies steps which
<br /> Lender deems in Lender's sole discretion tv b� sufficient to cure �he default and thereafiter continues and
<br /> completes all reasonable and ne�essary st�ps sufficien�ta produce compliance as svon as reasonably practical.
<br /> RIGHTS AN❑ REMEDIES �N DEFAULT. If an E��n�of Default o�curs under this D�ed of Trust, a� any time thereafter,
<br /> Truste�or Lender may�xercise any one vr mor�❑f the following r�ghts and remedies:
<br /> Acceleratian Upon ❑efault; Addi�iona! Remedies. If any E�ent �f Default occurs as per the terms ❑�the NQte
<br /> secured hereby, Lender may dec�are all Ind��tedness secured by this D�ed af Trust to be due and paya���and
<br /> �he sam�sha�l�hereupon become due and payable wi�hout any presentment, demand, pratest vr notice of any
<br /> kind. Thereafter, Lender may:
<br /> 4a� Either in persvn or by agent, wi�h or with�ut bringing any aGtian or pra�eeding, ar by a r�cei�er
<br /> appain�ed hy a �vur�and withvut regard to the adequacy of its se�urity, en#er upon and take possession
<br /> ❑f the Property, or any part thereot, in �ts awn name or in�he name af Truste�, and dQ any ac�s which ��
<br /> deems necessary flr d�sirabie to preser�e the�alue, marke�ability or r�ntahility o�#he Prflp�rty, vr part of
<br /> th� Property ❑r interest in �he Praperty; incr�ase the income fram the Proper�y ar pro�e�t the security af
<br /> �he Property; and, with �r without taking possessian of the Prvper�y, sue for ❑r ath�rwise �a�fect �he
<br /> ren�s, issues and prvfits af the P�operty, including �hnse past due and unpaid, and apply the same, fess
<br /> casts and expenses❑f op�ration and collection attorneys" fees,to any indebtedness secured by this Deed
<br /> af Trust, all in such vrder as Lender may determine. The entering upan and taking pvssession vf the
<br /> Property, the �ofle�t�on of such rents, issues and pra�its, and the applicativn �ths�evf shall not cure or
<br /> wai�e any detault vr natice of default under this Deed of Trus�k or in�alidate any ac�done in response tv
<br /> such defau�t or pursuant�o such no�ice af defauft; and, natwithstanding the confiinuance in pass�ssion vf
<br /> the Prvperty or the cvllec�ion, receipt and appiication o� rents, issues or prafits, Trus�ee ar Lender sha!!
<br /> be �ntitled to exercise every right pro�ided for in the Note �r th� Related Documents ❑r by law upon the
<br /> occurrence of any event of default, including�he right to exerc�se�he pawer of saie;
<br /> �by �ommen�e an actian ta foreclvse this ❑eed vf Trust as a mortgage, appoin�a recei�er vr specifically
<br /> �nforce any vf the co�enants hereof; and
<br /> �c� ❑eli�er tv Trustee a writ�en decfara�ian v�de#auit and demand far sale and a written nat�ce of de�ault
<br /> and election to �ause Trustor's interest in the Praperty to �e sold, which natic�Trustee shal! cause to be
<br /> du�y f��ed for record in the apprapriate❑ffices of the County in which th� Property is located; and
<br /> �df Vllith respsc�to ail or any par�❑f the Persona[ Proper�y, Lender shall have all �he righfis and remedies
<br /> of a secured party under�he Nebraska Uniform Commerc�al Co�e.
<br /> Foreclosure by Power o#Sale. If Lender efects to for�clvse by exercise o�th� Pvwer�f Sai� h�rein cnntained,
<br /> Lender shall nat�fy Trust�e and shall depvs�t wi�h Trustee fihis Deed of Trust and the N�te and such rec�ip�s
<br /> and e�idence af�xpend�tur�s made and secured by this D�ed��Trust as Trustee may require.
<br /> �a� Upnn receipt of such n�tice �rom Lender, Trustee shali cause to be re�orded, published and deCivered
<br /> tv Trustor such Not�ce of Defaul� and Noti�e of Safe as then �equired by law and �y this Deed of Trust.
<br /> Trus�ee shall, withau� demand ❑n Trustar, aft�r such time as may then be required #�y law and after
<br /> �ecordafiion ofi such Notice af ❑efau[t and after Notice af Sale ha�ing �een gi��n as required by law, seli
<br /> the Property at the time and p�ace of sale fixed by it in such Notice o� Sale, �ither as a whale, or in
<br /> separate �ots or parcels or items as T�ustee shall deem expedient, and in such order as it may determine,
<br /> at public auc�ion tQ fihe highest �idder for cash in lawfu[ maney of the United 5tates paya�le a�the time
<br /> a# sale. Truste� shall de�i�er to such purchaser or purchase�s #hereo# �ts gaod and sufficient deed or
<br /> de�ds �on�ey�ng �the proper�y so s�ld, hut with�ut any co�enan� ar warranty, �xpress or implied. Th�
<br /> reci�als �n such deed of any ma�ters ❑r fa�ts shall be conclusive proof �f the truthfulness thereaf. Any
<br /> person, including without limitation Trust�r, Trustee, or Lender, may purchase a#su�h sale.
<br /> �b} As may be p�rmitt�d �y law, aft�� deduc�ing all costs, f�es and sxpenses of Trustee and ❑� �his
<br /> Trust, inc�uding casts of e�id�nce of ti�le in cvnneGtivn with safe, Trustes shali appfy�h� prvice�ds of sale
<br /> to payment of �if all sums expended under the terms of this Deed of Trust or under the terms of�he No�e
<br /> nat then repaid, inc�ud�ng but nat fimited to accrued interest and la�e charges, �ii} a11 o�her sums then
<br /> secured hereby, and (iii� the remainder, i�any, ta the person ar p�rsans legally entitled there�co.
<br /> t�� Trustee may in the manner pro�ided by !aw postpone sale vfi all or any portion af the Property.
<br /> Remedies Nvt Exclusi�e. Trustee and Lender, and each of them, shall be en�itled to enforce payment and
<br /> per#o�mance of any indeb��dn�ss ar obligatiflns secured by this Deed of Trust and to exercis� all rights and po►rvers
<br /> under this Deed of Trust, under the Nvte, under any of the Related Documents, or under any other agreemen� or
<br /> any laws nQ►n► or her�a#t�r in for��; na�withstanding, som� ❑� ail af such indehtedness and o�ligation� se�ur�d by
<br /> �his D�ed o�Trus� may now or her�after be atherwise secured, whether by mvr�gage, deed of trust, pledge, [ien,
<br /> assignment or otherwise. Neifiher the acceptanc� of this Deed of Trust nor its �nforcement, whether by caurt
<br /> actian vr pursuant to the power of sale or �ther pvw�rs con�ained in this Deed of Trust, sha�l prejudice ❑r in any
<br /> manner a�f�ct Trustee's or Lender's right tv realize upon or enforce any ather security now ❑r hereafter held by
<br /> Trustee ar Lender, i�being agreed that Trustee and Lender, and each a�them, shall be entitled ta enfvrce this Deed
<br /> v� Trust and any other security naw or hereafter held k�y L�nd�r vr Trustee in such ❑rder and manner as th�y vr
<br /> either o�F �hem may �n thei� abso�ute discretion determine. NQ remedy con�e�red upon or reser�ed to Trustee ar
<br /> Lender, is intended tv b� exclusi�� of any other r�medy in �his Deed af Trust or by law pra�id�d ar permitt�d, but
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