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Z�15��53�
<br /> �EE� �F TRU�T
<br /> ��ontinu�d} Page �
<br /> limitat�an any agr�ement cvn�erning any ir�d�btedness or ather obligation o� B�rrav+rer Qr Trustor t❑ Lender,
<br /> whether exis�ing naw or later.
<br /> Events Af�ect`rng Guarantor. Any o�the preceding e�ents accurs w��h respect ta any guarantar, endarser,surety,
<br /> ar a��ommadativn party of any af the lndeb�edness�r any guarant�r, end�rser, su�-�ty, or accommodation party
<br /> dies or be�omes incarnpetent, or re�okes ar disputes the validity nf, ❑r liabi[ity under, any �uaranty ofi the
<br /> lndebtedness.
<br /> Adverse Change. A ma�erial ad�erse chang� occurs in Barrawer's o� Trustvr's fnan�iaf candition, ar Lend�r
<br /> believes the prospect of payment or�erf�armance of�h�Indebtedness is impair�d.
<br /> lnsecuri�y. Lend�r in good faith belie�es itsel��nseGure.
<br /> R�GHTS AND REMEDlES�i� DEFAULT. ff an Even�n�Default occurs under this Deed af Trust, at any time therea�ker,
<br /> Trustee or Lender may exerci�e any one or more af the following rights and rern�die�:
<br /> A�celeration Upon Default; Additional Remedies. If any Event of Default�c�urs as p�r the�erms a�the hfo�e
<br /> secured hereby,Lender may dedare all Indebtedness secured by this Deed o�Trusf fa be du�and payabie and
<br /> the same shal�thereupon become due and payable withou�any pr�sentrnent,demand,p�o�est or no�ice of any
<br /> kind. Thereafter,Lender may:
<br /> �a} Either in person or by agent, wifh or wifhout bring€ng any actian or proceeding, or by a recei�sr
<br /> appainted by a�ourt and without regard ta the adequacy o�its se�urity, enter upon and tal�e pvssessivn
<br /> af the Property,ar any pa�t therevf, in i�s awn name ar in the name of Tn.2stee, and do any acts which it
<br /> deems neaessary or desirable to preserve th��a[ue, ma�ketability v�-rentability of the Property,or part o�f
<br /> the Proper�y vr inte�est in fhe Property; increase the incame from th�Property ar pra�ec#�he security of
<br /> th� Prape�y; and, wifih vr withouf taking po�session of�he Property, sue�or vr othe�wise colleGt �he
<br /> rents, issues and prafits of�he Prop�rty, inciuding�hase past due and unpaid, and apply the sarne, less
<br /> costs and expenses of operation and Gol�ection attorneys'fees,to any€ndebt�dness se�ured by�his Deed
<br /> of Trust, a[I in such order as Lender rnay de�ermine. The entering upon and taking pas�essian of the
<br /> Property�, the colfectian af su�h r�nts, issues and profits, and fhe applicakian ther�o�shall not �ure or
<br /> wa��e any default ar n����e af d�fault under this Deed af T�-ust vr in�alidafe any ac�done in response to
<br /> such default or pursuarrt to suGh notice af default;and, natwithstanding�he continuance in possessivn of
<br /> �h� Prapes-ty or the ca�lection, receipt and applicativn of rents, issues or profits, Trustee❑r Lender shall
<br /> be entitled t� exercise every right pr�vided far in the Note or the Re�ated�ocurnents or by law upc�n the
<br /> occurrence of any e�en�of defaulf,inGluding the right t�exercise th�power o�safe;
<br /> (b� Commence an action ta foreclose this[�eec�of Trust as a markgage,appoint a recei�e�or spe�ifically
<br /> enfarce any of the oo�enants hereof;and
<br /> �c} �eliver to Trustee a wri�ten dec�ara�ion of default and dernand�o�-sale and a w�-itten natice o�defaul�
<br /> and election tn Gause Trustor's interest in the P�-oper�y ta be sold,which notice T�-ustee shall cause to be
<br /> duly filed for re�vrd in�he apprapriate officeS vf th��ounty in which the Property is located;and
<br /> {d} With r�espect to a�l Qr any part of the Personal P�operty, Lender shal!ha�e al!the rights and remedies
<br /> ❑f a seGured party under the Nebraska Llnifa�m Cvrnmer�ial Code.
<br /> Fore��osure by Power af Sale. if Lender elecfis to fore�lose by�xer�ise of the Power of Sale herein contained,
<br /> Lender shall na�ify Trustee and shall deposit with Trustee�his Deed of Trust and the �Iote and such receipts
<br /> and e��dence�f expenditures made and secured by th�s C�eed ofi Trust as Trustee may requ�re.
<br /> (a} Upon rece�pt o�r such nati�e from Lender,Trustee shall cause ta he reGorded, publishe�d and defi���-�d
<br /> t�Trustor such Notice af De�aulf and No�ice of Sale as then required by law and hy this Deed af Trus�.
<br /> Trustee sha[I, without demand on Trustor, a�ker su�h time as rnay th�n be required by law and af�er
<br /> recvrdati�n a�such lVoti�e❑f❑efaui�and af�er Notice of 5ale ha�ing b�en giuen�s requ�re�l by law, sell
<br /> the Property at the t�me and pl a�e af sale fixed by it i n such Notice vf Sale, either as a whol e, or i n
<br /> s�parate iots or parcels or i�ems as Trustee shall de�m expedient,and in su�h order as it may determine,
<br /> at publi�auctian�o the highest bidd�r far cash in faw�ul money of the United Statss payable a��he t�m�
<br /> af sale. Tn.rs�ee shail d�li�er to such pur�haser ar pur�hasers fihereof its goad and suffici�n� deed or
<br /> deeds cnn�eying#he property so svld, but withaut any co�en�nt or warranty, �xpress or implied. The
<br /> recitals �n such�eed of any rnatt�rs ar facts shall be candusive proaf of'the tru#hfulness thereo�. Any
<br /> person,including withouf limitation TruSt�r,Trustee,vr Lender,may pur�hase at such sale.
<br /> [b} As may �e permitted by faw, after deducf'rng all costs, �ees and expenses of Trustee and of th�s
<br /> Trust,including costs of evidenae of title in connec�tion v►ii�h sale,Trust�e sha��apply the procseds of sale
<br /> �o paym�n�of �i}alI surY�s expended under the terms af�his �eed of Trust�r under�he terrns of�he Nofe
<br /> not then r�paid, including but not limited t� accrued interes� and �ate charges, �ii} all other surns then
<br /> secured hsreE�y,and ��ii}the remainder,if any,tv the person or persons legally enti���d theretv.
<br /> (c} Trustee may in the manner provided by law postpone sale of all or any pQrtion o�the Praperfiy.
<br /> �emedies Not Exclusi�e. Trustee and Lend�r, and each ❑� them, shall be enti�led to enforce payrnen� and
<br /> performan�e af any indeb�edness or obl€gations secured by�his Deed�f Trust and to exer�ise ali rights and pvwers
<br /> under this Deed af Trust, under the Nate, under any Qf th� R�la�ed Documents, or unde�any a�her agreement or
<br /> any laws now or he�eafiter in�arce; notwithstanding,s�me vr all of such indeb�edness and abligations secured by
<br /> fhis Deed of Trust may now ❑r her�after be otherwise secured, whether by rnortgage, deed Qf trust, pled�e, I�en,
<br /> assignment or ofiherwis�. Neifher th� a��eptan�e o�this Deed of Trust nar its enforcement, whether by �ourt
<br /> actian vr pursuan��o the power�f sa[�or other powers con�ained in this Deed af Trus#, sha�� pre�udice or in any
<br /> rnann�r affe��Trus�ee's or Lender's right ta realize upon or enfarce any ather security now ar hereaft�r held by
<br /> Trus�ee or Lender,it being agreed�ha�Trustee and L�nder,and each a�them, sha�� be entitled to enforce this D�ed
<br /> of Trust and any nther security now ar hereafter held by Lender or Trustee in such arder and manne�as they ar
<br /> either of them may in their absalu�e discretian determine. No remedy canferred upan ar �eserved to Trustee or
<br /> Lender, is intended t❑ b�exclusi�e o�any o�her remedy in this Deed❑f Trust or by law prvvided or perrnitted, but
<br /> ea�h shalf be Gumulati�e and shall be �n addit�on ta e�ery ather remedy g��en in fhis Deed vfi Trust or naw ar
<br /> hereafter existing at lav+�or in equity❑r by statute. Ev�ry�owe�or rernedy gi�en by#he Note or any of the Related
<br /> Documents to Trus�ee vr Lend�r or to which �ither a� them may be otherwise enti�fed, may be exercised,
<br /> canGurrently ar independently,�rom tim��o time and as often as may�e deemed expedient by Truste�or Lender,
<br /> and either a� them may pursue incvnsistent remedies. Nothing in this Deed ❑f Trust shall be construed as
<br /> proh€biting Lender from seeking a de�i�iency}udgment against the Trustvr t❑ the extent such actian is permitted i�y
<br /> law. E�ec�ivn by Lender to pursue any remedy shall na� exclude pursu��of any ather remedy, and an election�o
<br /> make expendi�ures ar to take actian ta perFarm an�bligation vf T�ustar under this Deed of Trus�, af�er Trustor's
<br /> �a�lur��o perFarm, shall not a#�ec�Lender's right�v de�lare a de�au{�and exercise its rern�dies.
<br /> Request for Notice. Trustar,vn behalf af Trustar and Lender, hereby requests#hat a capy❑f any[VotiGe of Defaul�
<br /> and a copy af any Notice vf 5ale under fhis Dee� of Trust be mailed to them at the addt-esses set��rth in the�irst
<br /> paragraph Qf this D�ed of Tru��.
<br /> Attorneys' Fees; Expenses. I� Lender ins�itutes any suit �r acti�n to enfvrce any of the terms o��his D�ed of
<br /> Trus�, Lsnder shall b�entitled to reco�er such sum as the court may ad�udge reasvnable as attorneys'fees at�rial
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