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��15�51U� �EEa �� TRLJST Laan iVo: 'I�1��8�74 ��ont�t�u�d} Page 7 whether existing now or later. E�ents►4f�e�ting Guarantor. Any of the preceding e�ents ocGurs with respec�ta any guarantar, endorser, sur�ty, or accommodatian par�y Q� any �f the indebtedness �r any guarantor, endorser, sure�y, ar a�cornmodation party dies or becomes incompetent, ❑r reWok�s or disputes the �alidity of, or lia�flity under, any Guaranty af fhe lndebtedness. Ad►►erse Chan��. A material ad�erse change ac�urs in gorrawer's or Trus�or's financial cflnd�tion, or Lender believes the prospect of payment or performanc�af the ln�ebtedness is imp�ired. insecurity. Lender in gvod�aith �elieWes itselfi ins�cure. Existing fndehtedness. The payment ofi any installrnent ❑fi prin�ipal ar any interest an th� Existing �ndebtedness is nat made within�he tirne required by rthe p�omissory nate�videncing such in�ebtedness, �r a default❑ccurs under the instrurnent securing such indebtedness and is not cured during any appliGable grace period in such ins�rum�nt, o�any suit or ather ac'��on is commenced to foreclase any existing lien�n the Property. Right to Cure. If any default, �th�r than a default in paymen�, is�urab[e and if Trustor has nat been gi�en a notice of a br�ach af the same pro�isiQn of this De�d af Trust within fihe pre��ding tw�l�e {��y months, it may he cured i� Trus�vr, after Lender sends written notice �kQ gorrower demanding cure of such de�Fault: �1} cur�s the cle�ault within fifteen �7 5) da�s; or �2� if the cure requires more than �ift�en t1 5) days, immediately initiates steps which Lend�r deems in Lender's s��e discretion to b� suf'Ficient ta cure the default and thereafter continues and completes all reasonabl�and necessary steps sufficien�t t❑produ�e cornpliance as s�on as reasonably prac�ical. RIGHTS AND REMEDIES ON DEFAULT, If an Event of Defau[t occurs under this Deed vf Trust, at an�r time�herea�F�er, Trustee or Lsnder may ex�r�ise any ane vr more o�the t�llawing righ�s and remedies: Acce�eration Upon Default;AddEtional Remed�es. If any E��n� of ❑efaulfi�c�urs as per the terms of the Note secured hereby, Lend�r may declare all Indebtedness secured by th�s D�ed a�Trust to be due and payable and �he same shall�hereupan become due and payab{e without any presentment, demand, protest�r natice�f any kind. Thereafter, L�nder may: �a} Either in person or by agen�C, with or wi�hout bring�ng any a��ion or proceeding, or by a recei�er appo�nted by a court and without regard to the adequacy of its security, enter up�n and take poss�ssion of the Property, or any part th�reof, in its own name vr in the narne o�f Trustee. and do any acts which it deems necessary ar des�rala�e fia preserve the�alue, marketa�ility ar rentability vf fhe Property, or part c�f the Praperty vr interest in the Property; incr�ase the incvme from the Praperty or protect the security af the Prvp�rty; and, wi�h ar w�thout taking passession of the Praper�y, su� for ar atherwise collect the ren�s. issues and profits of the Praperty, including thase past due and unpai�. and apply the same� �855 costs and expenses o�F t�peration and�allection att�rneys' fees,to any indebtedness seGured by this Deed of Trust, al� in such order as Lend�r may determine. The entering up�n and faking possession of the Property, the �olie�tian of suGh rents, issues and p�afits, and th� application ther�af shall not cure or waive any defau�t ar notice af defaul�under fihis ❑eed af Trust or invalidate any act done in response to su�h default ar pursuant t4 su�h notice af default; and, n�twithstanding the continuance in pvssession nf the P�operty or the collectian, receipt and applicati�n a� rents. issues vr profits, Trus�ee �r Lender shalE be �ntEtled ta exercise e�er�right pro�ided for in tha Note or th� Relat�d ❑ocumenfis❑r by law upon the oGcurrence of any e�ent of default, in�luding the right ta exercise th�power af sale; �by Commence an action t❑fore�lase th�s Deed of Trust as a rnartgage. appaint a re�ei�er ar specifically enf�rce any of the co�enants herea�; and tc� Deli�er ta Trustee a written declaration of default and demand for 5ale and a written notice o�defaul� and election to cause Trustar's intere�t in the Praperty t� be sold, which notice Trustee sha�l �ause to be duly filed far recvrd in th�appropria�e o�fi�es❑t�he Caunty in which the Property is located; and �d} VIli�h respect�o a�l ❑r any part of the Persanal Property, L�nder shall ha�s a�l �h�rights and remsdies of a s�cured party under the Nebraska L1ni�orm Cvmmercial C�de. Fvre�f�sure by Pawer af 5ale. lf Lender�I�cts ta forecl�se by�xer�ise af the Power af 5al�herein contained, Lender shaEl notify Trustee and shall depos�t with Trus�ee this D��d of Trust and the Not� and such receipts and e�idence o�expendi�ures made and secured by this Deed vf Trus�as Trustee may require. �a� Upon re�eipt a�such natice fram Lender,Trustee shall cause to be re�orded, publ�shed and deliWered ta Trustor su�h Notice of L�efau[t and Notice of Sa[e as then required by laW and by this Deed of Trust. Trustee shall, vuithaut demand an Trustor, after such t�me as may then be required by law and a�fier recvrdatian vf such Nvtice of❑efault and aft�r fVo�tice vf Sale ha�ing been giv�n as required by la�rv, sell - the Property at the t�me and place of sale fixed b� it in such Notice of Salef ei�her as a whol�, or in separate lnts or par�els ar items as Truste�shall deern �xpedient, and in such order as it may determine� at public auctian t❑the highest bidde�for cash in lawfu� m�n�y❑f the United Stat�s payable at�he time of sale. Trustee shall deliver to such purchaser or purcha�ers th�re�f its goa� and sufficient deed ❑r deeds con�eying �he property so sold, but withvut any co�enant or warranty, express or implied. The recitals in such deed of any matters �r �acts shall b� canclusive proaf o�the truthfulness therev�. Any person, including without I�mitation Trus�or,Truste�,�r Lender, may purchase at such sale.