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201503940 time thereafter, either before or after sale,without notice and without requiring bond, and without regard to the solvency or insolvency of any person liable for payment of the Obligations Secured, and without regard to the then value of the Trust Property or the occupancy thereof as a homestead, appoint a receiver(the provisions for the appointment of a receiver and assignment of rents being an express condition upon which the loans and other financial accommodations hereby secured are made) for the benefit of the Secured Parties, with power to collect the Rents, due and to become due, during such foreclosure suit and the full statutory period of redemption notwithstanding any redemption. The recei��er, out of the Rents when collected, may pay reasonable costs incurred in the management and operation of the Real Property, prior and subflrdinate liens, if any, and taaces, assessments, water and other utilities and insurance, then due or thereafter accruing,and may make and pay for any necessary repairs to the Real Property, and may pay any part of the Obligations Secured in accordance with the Loan Agreement or any deficiency decree entered in such foreclosure proceeding. Upon or at any time after the filing of a suit to foreclose this Deed of Trust, the court in which such suit is filed shall have full power to enter an order placing the Agent in possession of the Real Property with the same power granted to a receiver pursuant to this clause b and with all other rights and privileges of a mortgagee-in-possession under applicable law. (c) Agent's Ri�ht to Enter and Take Possession,O�erate and Applv Income. The Agent shall, at the direction of Required Lenders (as defined in the Loan Agreeinent) or at its option, have the right, acting through its agents or attorneys or a receiver, with process of law, to enter upon and take possession of the Real Property, to expel and remove any persons, goods or chattels occupying or upon the same, to collect or receive all the Rents, to manage and control the Real Property, to lease the Real Property or any part thereof, from time to time, and, after deducting all reasonable attorneys' fees and expenses of outside counsel, and all reasonable expenses incurred in the protection, care, maintenance, management and aperation of the Real Property, to distribute and apply the remaining net income in such arder and to such of the Obligations Secured in accordance with the Loan Agreement or any deficiency decree entered in any foreclosure proceeding. (d) Foreclosure as MortQa�e. This instrument shall be effective as a mortgage as well as a deed of trust and upon the occurrence of an Event of Default may be foreclosed as to any of the Real Property in any manner permitted by the laws of the State of Nebraska or of any other state in which any part of the Real Property is situated, and any foreclosure suit may be brought by the Trustee or by the Agent. (e) Grantor, on its own behalf and on behalf of each party hereto, hereby requests a copy of any notice of default and a copy of any notice of sale hereunder be mailed to them at the applicable address provided in the first paragraph of this Deed of Trust. 8. Apnlication of the Rents or Proceeds from Foreclosure or Sale. Subject to the requirements of applicable law, the proceeds or avails of any trustee or foreclosure sale and al1 moneys received by Agent pursuant to any right given or action taken under the provisions of this Deed ofTrust shall be applied as fallows: 716530428 14447759 $