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Z�15�5351
<br /> DEED �F TF��UST
<br /> ���rtt�r�ued� P��� �
<br /> �redi�or or Forfeiture Proceedings. Cammencement�f�orec��sure v�farFei�ure proceedin�s, whether by judicial
<br /> �roceeding,se�f-heip, r�possessivn o�any other method,by any credi#or of�rus�vr or�y any go�emmentai agenGy
<br /> against any prvperfi� �ecuring �he Indebfiedness. This incfudes a garnishment o�F any of Yrus�or's accaunts,
<br /> including d�pasi� a��ounts, with Lender. Howe�er, thss E�enfi �f aefault shafl nat apply if there 6s a go�d �aith
<br /> dispu�e by Trus�or as ko the validity�r reasvnab�eness af th� claim which is the ba�is of the credito��r fo�Feiture
<br /> pro�e�ding and i� �rus��r gives Lender wri��en na�ice vf the credi�or❑r�orfe��ure proceed�ng and deposits with
<br /> Lender monies or a surety bond for�ths credi�or❑r forfeiture proceeding,�n an amount determined�y Lender, in its
<br /> sale discretion,as being an adequate res�rve or bond for the dispute.
<br /> Breach vf�fher Agreement, Any breach by Trustar under the terrns af any�ther agreement be�vveen Trustar and
<br /> Lender tha� is nat remedi�d within any gra�e pe�'r�d pr��ided �herein, in�luding without limita�ion any agreemen�
<br /> cancernin�any indeb�tedness ar vth�r a�ligatian vf Trus�ar tv Lender,whether exis�ing now or later.
<br /> E�ents A�'f���ing Guarant�r. Any o�F the preceding events o�curs with respeet to any Guarantor of any of�he
<br /> Indeb�edness ❑r any Guarantar dies ar be�ames incampe�en�, or revakes ❑r dispu�es �he validifiy af, vr liab��i�y
<br /> under,any Guaranty ofi�he lndeb�edness.
<br /> Adverse Change. A material adverse change v�curs in Trustnr's finan�ia� canditian, ar Lender believes �he
<br /> prospec�vf payment or perFormance of the lndebtedness�s impair�d.
<br /> Insecurity. Lender in good faith b�lieWes itselfi insecure.
<br /> R1�HTS►4Nfl REMEDCES �N DEFAULT, If an E�ent o�De�ault vccurs under this Deed of Trust, af any�ime�hereaf�er,
<br /> Trustee vr Lender may exercise any one ar mare o��he�allowing r�gh�s and r�rnedies:
<br /> Acc�leration Upon De�Fault; additiona! Remedies, If any E�ent�f Default occurs as per the terms of�he Nate
<br /> �eGured h�re�y,Lende�~rnay de�iare all ind�btedness s�cured by�his Deed of Trusf to be due and payable and
<br /> the same sha�l thereupan beoome due and payab�e withaut any pre�entment,demand,pratest or noti�e of any
<br /> kind. Thereafter,Lender may:
<br /> �a} Ei�her in person or �y a��nt, with vr wi�hout bringing any a�kion or proGeeding, or by a receiver
<br /> appvintad by a court and wi�h�ut r�ga�d ta�he adequacy o�its security, en��r upQn and take possessivn
<br /> of the Property,o�any par�thereof, in its own narr��r in the name of Trustee,and do any acts which i�
<br /> deems nec�ssary❑r desirable ta preserve the value, marke�ability o�r ren�abili�ly a�the Praperty,or part of
<br /> the Property vr intere�t in th� Proper�y; increase the income fram the F'rope�-ty or protecfi the security�f
<br /> the I'raperty; and, with o�-with�ut#aking possession of�I�e Property, sue for or o�herwi�e �ol�ec� �he
<br /> rents, �ssues and profi�s of�he Pro�erty, including��ose past due and unpai�, and apply the same, IPS-S
<br /> casts and expense�af aperatian and�vl[ection at�orneys'fees,to any�ndebted�es�securer�tay�h�s�eed
<br /> of Trus�, al� in such order as Lender may determine. The en�tering upon and taking pass�ssion of fihe
<br /> Prvperty, tf�e Goflec�ion a�such �-ents, issues and profi�s, and the applica�ian the�-eof shal[ not cure or
<br /> waive any default or n4t�ce of default under�his De�d af Trust or inva�i�a�e any a��done in response to �
<br /> such defaul�or pursu�nt to such notice of default;and, nv�wifhs�anding�he c�ntinuance in passession o�
<br /> th�P�operty or�he co�le�t�on, receipt and app�ication o�F ren�s, issues or prafts, Trus�ee or Lender shali
<br /> be entitled ta exercise��ery right pro�ided for in�he Note or the Related Dacuments flr by�aw upan the
<br /> occu rr�nce of any e�ent o�defa u(�,i ncl ud i ng the rig hf ta exercise�h��aowe r o�sal e;
<br /> �b} Comm�nce an action to foreclase�his Deed of Trus�as a mor�gage,appa�nt a receiWer or specifcally
<br /> enforce any af�he�oWenants here�f;and
<br /> �c} Deli�er ta T�ustee a written��clara�ian of c�efaul�and demand for sale and a writ�en notice�f detault
<br /> and el�ctivn to cause Trus�ar's interest in�he Pro�erty tv be snld,which notice Trust�e shali cause to be
<br /> duly filed for record in the appropriate�ffi�es of th�County in which�he Prap�r�y is loca�ed;and
<br /> �d} V►lith respect�a ali�r any part af the Per-s�naf PrQp�rty, Lender shall have all�he rights and remedies
<br /> af a se�ured party under#he I�ebraska Uniform Cc�mmercia��ode.
<br /> Fflreclosure by PQwer of Sale. If Lender efects to f�reclose by exercise Qf the Pawer c��5aie her�in c�ntaine�,
<br /> L�nder sha�l notifiy Trusfies and shall depasit wi�h Trustee�his C]eed v�Trus�and ths Note and such re�eipts
<br /> and e�idence af sxpendi�ur�s made and secured by th€s Deed of Trust as Trustee may require.
<br /> �a} Upon receipt ofr su�h notic�fram Lend�r,Trustee shal�caus�to be rerarded,published and de�ivered
<br /> t�Trust�r such No�ice of Default and Natice af Sale as�hen required by law and by fhis C)eed of Trust.
<br /> Trustee shall, withou� demand on Trus�or, after such time as may then b� required by �aw and after
<br /> rer�ardafion of such Na��c��f�3efau[t and after N�tice of Sale ha�ing been gi�en as r�quir�ed by[aw, se��
<br /> the �roper�y at the time and pla�e o�sa�e fixed by it in such Notice of Sale, either as a who�e, or in
<br /> separake lais c�r parcel�or i�ems as Trustee shall deem expedient,and in su�h arder as it may de�srmine,
<br /> at public auctian to the highest bidder for cash in�awFul money af�he Uni�ed Sta�es payable at the time
<br /> vf sa�e. l'ruste�shall deli�er�o such purchaser or purch�sers thereof its gaod and sufficient deed or
<br /> • deeds aon��ying fhe property so sold, but�nrithou� any co�enarrt or wa�ran�y, express or imp�ied. �he
<br /> r��itals in such de�d a�any ma�ters vr facts shall be conciusi�� pr�o�r o�the truthfulness�he��af. Any
<br /> persvn,i ncl udi ng withvut!i mitatian T�ustor,Trus�e�,vr Lender,rnay purct�ase at suc�7�al e.
<br /> (b} As may be permitted by �aw, a�ter deducting all cos�s, fe�s and expenses of Trustee and of�his
<br /> Trust, induding cas�s of evidence af title in connection with sale,Ynastee sh�ll�pply the praceeds��r sale
<br /> to payment of {i}all sums expended under�he terms af this C�ed o�Trust❑r under the terms of�he I�v#�
<br /> not then repaid, including but nafi limited tv a�cn.�ed int�rest and late charges, �ii} all ather surns then
<br /> secur�d hereby,and �iii}the remainder,if any,'�o the pers�n or persons lega[ly entit�ed�herei�o.
<br /> (c} Trustee may in the rrranner prv�ided by law p4s�pone sale of al!ar any por�ion�f the Praperky.
<br /> �emedies l��t �xciusive. Trustee and Lender, and each af them, shal� be entitled to en�orce payment and
<br /> performan�e o�any indebtedn�ss or obliga#ivns se�ured by this Deed of Trust anc!ta exe�cise all�ights and pvwers
<br /> under this �eed a�Trusfi, under�he Nate, under any of the Related ❑ocumen�s, v�under any a�her agreement ar
<br /> any Eaws nvw or h�reaf�er in force; natwiths�anding,same tir all af such indeb�edness and abligations secured hy
<br /> this Deed a�Trust rnay now or hereafter be atherwise se�ured, whethe�-by mvrtgage, deed ❑�trus�, p[edge, �ien,
<br /> assignment v� otherwise. Neither the ac�eptan�e of this fleed of Trust nar its enforcem�nt, ►rvhether by court
<br /> action or pursuant ta the pow�r o�sale❑r othe�pa�►vers cnn�ained in �his Qeed �f Trust, shall prejudi�e nr in any
<br /> manner affect Trustee's vr Lender's r�gh# tv reali�e upon or enforce any o�her se�urity naw ❑r hereafter heId by
<br /> Trustee vr Lende�-, it being a�reed that Trustee and Lender,and each of#hem, shall he enfiitled tv enfarc�this peed
<br /> ❑f Trus�and any o�her securi#y now o�h�reaf�er held b}� Lender or Trustee in such order and rnanner as fhey vr
<br /> either vf them rnay �n thei�absolute discretion determine. No remedy conferred upvn ar resenred ta Trustee or
<br /> Lende�r, is intended tv be exclusi�e❑f any other remedy in this Deed of Trust❑r by law pro�ided or permitted, but
<br /> each shall be cumula�i�e and shall b� in ��di�ian to ��ery v�her remedy given sn �h�s Daed af��ust or nvw or
<br /> hereafter existing a�lav�r ar in equity�r�by s�a�ute. E�ery powe�or remedy gi�en by the Nate vr�ny o�th�Rela��d
<br /> Dacuments ta Trustee ar Lender or ta which �i�he�- �� them ma� be �therwise �n�itled, rnay be exerc�sed,
<br /> concurrently or independently,�rvm t�me t�time and as a#ten as may be deerned expedi�n�by Trustee or Lender,
<br /> and either o� therr� may pursue incansisten� remedies. �o�hing in this a�ed of Trus� shall be �ans�rued as
<br /> prvh�biting Lender from seeking a deficien�y judgment against the TrustQr�o the extent such action is perr�i�ted by
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