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201503' (2) paying, purchasing, contesting or compromising any encumbrance, charge, lien or claim of lien which in Trustee's or Beneficiary's judgment is or may be senior in priority to this deed of trust, such judgment of Trustee or Beneficiary to be conclusive as among the parties to this deed of trust; (3) obtaining insurance and /or paying any premiums or charges for insurance required to be carried under the Loan Agreement; (4) otherwise caring for and protecting any and all of the Property; and /or (5) employing counsel, accountants, contractors and other appropriate persons to assist Trustee or Beneficiary. Beneficiary may take any of the actions permitted under this Section 8.02 either with or without giving notice to any person. Notwithstanding the foregoing, in no event will Trustee or Beneficiary have any obligation to take any of the actions set forth in this subparagraph (d). (e) Uniform Commercial Code Remedies. Beneficiary may exercise any or all of the remedies granted to a secured party under the UCC. To the extent that Applicable Law imposes the duty on Beneficiary to exercise remedies in a commercially reasonable manner, Trustor acknowledges and agrees that it is not commercially unreasonable for Beneficiary to: (1) fail to incur expenses reasonably deemed significant by Beneficiary to prepare the Personalty for disposition or to fail to complete raw material or work in process into finished goods or other finished products for disposition; (2) fail to exercise collection remedies against account debtors or other persons obligated on the Personalty (directly or through the use of collection specialists), or to fail to remove liens, encumbrances or adverse claims against the Personalty; (3) advertise dispositions of the Personalty through publications or media of general circulation, whether or not the Personalty is of a specialized nature; (4) contact Persons for expressions of interest in acquiring all or any portion of the Personalty; (5) hire professional auctioneers to assist in the disposition of the Personalty, whether or not the Personalty is of a specialized nature; (6) dispose of the Personalty by utilizing Internet sites that provide for or are reasonably capable of the auction of assets of the types included in the Personalty; (7) dispose of the Personalty in wholesale rather than retail markets; (8) disclaim disposition warranties; (9) purchase insurance or credit enhancements to insure Beneficiary against risks of Toss, collection or disposition of the Personalty or to provide to Beneficiary a guaranteed return from the collection or disposition of the Personalty; or (10) sell any Personalty jointly with any of the Property or to sell any Personalty in a sale separate from a sale of any of the Property. Trustor acknowledges that the purpose of this Section 8.02(e) is to provide a non - exhaustive indication of what actions or omissions by Beneficiary would fulfill Beneficiary's duties under the UCC in Beneficiary's exercise of remedies against the Personalty, and that other actions or omissions by Beneficiary shall not be deemed to fail to fulfill such duties solely on account of not being expressly included or indicated in this Section 8.02(e). (f) Power of Sale. Beneficiary may cause some or all of the Property, including any Personalty, to be sold or otherwise disposed of in any combination and in any manner permitted by the Nebraska Trust Deeds Act, Neb Rev. Stat. §§ 76 -1001, et. seq, or other Applicable Law. (g) Judicial Action. Beneficiary may bring an action in any court of competent jurisdiction to foreclose this deed of trust in the manner provided under Applicable Law for the foreclosure of mortgages on real property or to obtain specific enforcement of any of the covenants or agreements of this deed of trust. (h) Sales of Personal Property. Beneficiary may elect to treat as Personalty any Property which is intangible or which can be severed from the Land or Improvements without causing structural damage. If it chooses to do so, Beneficiary may dispose of any Personalty separately from the sale of real property, in any manner permitted by Article 9 of the UCC, including any public or private sale, or in any manner permitted by any other Applicable Law. Any proceeds of any such disposition shall not cure any Event of Default or reinstate any Secured Obligation. (1) Single or Multiple Foreclosure Sales. If the Property consists of more than one lot, parcel or item of property, in connection with any sale of the Property described in or permitted under this Section 8.02, Beneficiary may: (1) designate the order in which the lots, parcels and /or items shall be sold or disposed of or offered for sale or disposition; and (2) elect to dispose of the lots, parcels and /or items through a single Willoughby Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing Loan no. 197694 13 Rev. 1.7.2015