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��15�5189
<br /> �EEv �F T�u�T
<br /> Loan No: 'I�'I�gS�47 ���nt��u�d� Page 7
<br /> fifteen �1 5} days;�r ��) if�he cure requires more than ti�teen ��5y days, immedia�ely initiates steps which Lender
<br /> deems in Lender's sole discr�tion ta he su�ficient t� cure the de�Fault and thereafter �ontinues and cvmpletes all
<br /> reasonable and necessary steps suff�ci�nt to prvdu�e compl�ance as soon as reasvnab�y practical.
<br /> R�GHTS AN� REMEI]IES ON DEFAULT, I�an E�ent o�Default ac�urs under this Q�ed of Trust. at any time thereafter�
<br /> Trustee or Lender may exercise any one or m�re t�f th��ollawing rights and remedies:
<br /> AGceterativn Upan Default; Additional Remedies. �fi any Event�f D�fiault occurs as per�he�erms �f the No��
<br /> secured hereby, Lender may declare all lndebtedness �ecured by this Qeed of Trust t� be due and payable and
<br /> the same sha11 th�reupon becom� due and payable withvut any presentmen�, demand� protast vr natice�f any
<br /> Icind. Thereaffer, Lender may:
<br /> �a} Either in person vr by agent, with ar withaut bringing any a�tion or prac��ding, ar by a receiver
<br /> appointed by a court and wi�hout regard to the adequacy of�ts security, enter upon and take pass�ssion
<br /> of the Property, or any par�th�reof. in i�s vwn name or in the name of Trus��e, and da any acts which i�
<br /> deems necessary or desirable tfl preser�e the ►�alue, markei�ability❑r ren�abi�ity❑f�he Praperty, or part vf
<br /> the Pr�perty or interest in the Property; increase the incnrne from the Proper�y�r prote�t the security af
<br /> �th� Praperty; and, with or vvithout taking possessi�n of the Pr�perty, sue �ar or o�therwis� �ollect the
<br /> rents, issues and profits of the Property, including those past due and unpa�d, and apply the same, less
<br /> casts and expenses of operatian and callec�ion attvrneys' fees,ta any indebtedness secured by this Deed
<br /> of Trust. al� in such �r�er as Lender may determine. The entering upan and �aking possessian of the
<br /> Praperty, the colfection ❑f such rents, issues and profits� and �khe appli�ativn thereo� shall not �ur� �r
<br /> waive any default or notice o�f default under�his ❑eed o�Trust or invalidate any act done in respanse to
<br /> su�h defau[t or pursuant to such notic�of de�ault; and, notwithstanding the continuance in pvssession of
<br /> the Proper�y o� �he collecti�n, receipt and applicatian of rents, issues or profitsr Trustee or Lender shall
<br /> be entitled tv �xercise every right provided far in the Nofie ar the R�fated a�curnents or h�r law upon th�
<br /> occurrence of any e�en�a�default, including the right to exer�ise the pow�r of sale;
<br /> {b� Cvmmence an a�tian t�fareclose this ❑eed of Trust as a mortgage, appoint a �eceiWer vr specifically
<br /> enfor�e any af the cv�enan�s here�f;and
<br /> �c} Deli�er�o Trustee a writ�en declaration of default and demand f�r sale and a written notice af de�fault
<br /> and elec�ion t❑cause Trust�r's interest in the Propert�tv be sold, which nat�ce Trust�e shall cause to be
<br /> duly fifed for record in th�appropriate❑ffices of th� County in which the Prap�rty is la�ated; and
<br /> {df With respect tv all ❑r any part a�the Persanal Property, Lender shall ha�e ail the rights and r�medies
<br /> of a secure� party under the Nebraska Uniforrn Commercial �ode,
<br /> Fareclosure by Pnwer of Sale. If Lender elects to for�clase by�xercise v�the Power of Sale herein cvntained,
<br /> Lender shall na�ify Trus�ee and shal! deposit with Trustee thEs Deed o�F Trust and the lV�te and such receipts
<br /> and eWidence of expenditures made and se�ured by this�eed of Trust as Trustee may require.
<br /> �ay L]pon receipt of such natice�rom Lender, Trustee shall Gaus�to be�ecorded, publEshe� and delivered
<br /> to Trustor such Notice ofi Default and 1Vatice of Sale as then r�quired �y law ar�d by th�s Deed vf Trust.
<br /> Trustee shall, without demand on Trustor, after such time as may then be required by law and after
<br /> recardation of such N�tice vf Default and after hlotice of Sale having been gi�en as r�quired by law, sell
<br /> the Property at �he tirne and pface of sale fixed by it in such Notice ❑f Sale, eifher as a whole, ❑r in
<br /> separate iots or parcels or items as Trustee shall deem exp�dient, and in such arder as it may determine,
<br /> at pub[ic auctian to the highest bidd�r f�r cash in lawful rnone� �f the United 5tat�s pay�ble at the time
<br /> o� sale. Trustee shall deliWer ta su�h purchaser or purchasers ther�of its good and suffici�n� d��d ar
<br /> deeds con�eying the properfiy sa sald, but without any ca�enant or warranty, express or implied. The
<br /> recitals in such deed vf any matters �r �ac�s shall b� conclusi�� proof�f the firuth�ulness �hereo�f. Any
<br /> person, including withaut limitation Trus�or,Trustee, or Lender, may purchase at such sale.
<br /> {b� As may be permitted by lavir, after dedu��ing all costs, fees and exp�nses af Trus�ee and afi this
<br /> Trust, includin� cvsts of evidence v�title in c�nnec�ivn with sale,Trustee shall apply#he pro�eeds of sale
<br /> to payment af �iy alE surns expendsd under the terrns of this Deed af Trus�or under the terms of the Nvte
<br /> no�then repaid, in�luding but n�t limited ta accrued in�erest and late charges, �ii� all other sums then
<br /> secured hereby, and {iiiy the remainder, if an�,�o the person vr persans legally entitl�d thereto.
<br /> ��7 Trust�� may�n the manner pra�ided by law pastpane sale af all or any por�ion�f the Praperty.
<br /> Remedies Nvt Exclusi�e. Trustee and Lender, and �ach o� them, shall be entitled to enforc� payment and
<br /> perfvrmance o�r any indebtedness or obligati�ns secured by this ❑eed a�Trust and ta exercise all ri�hts and pow�rs
<br /> under �his Deed vf Trust, under the Note. under any vf the Related Documen�s, ❑r under any��th�r agreement ar
<br /> any laws nQw or hereaftsr in force; natwithstanding, same or all of such indebtedness and ❑bligations secured �y
<br /> this Deed vf Trust may n�w or hereafter �e otherwise secured, whether by martgage, dee� of trust, pledge, Eien,
<br /> assignment or atherwise. Neither tha acceptance of �his Deed of Trust no� its enforcement, whetner by caurt
<br /> ac#ion or pursuant to the power of sale or o�her powers contained in this ❑eed a�Trust, shall prejudic� ❑r in any
<br /> manner a�fect Trust��'s �r Lend�r's right t❑ reali�� upon ar enfvrce any other securi�ty naw or hereaf�er held �y
<br /> Trust�e ar L�nder, it being agreed that Truste�and L�nder, and each of�h�m,shall be�ntitled ta enforce this❑eed
<br /> of Trust and any other se�uri�y n�w or hereafter held by Lender ❑r Trustee in such ord�r and manner as they ❑r
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