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<br /> ��ED �F TRlJST
<br /> ��01��117L�eC�� Pa�e �
<br /> waive any defaulfi ar notice af default under this Deed a�Trust ar in�alida�e any act done�n response ta
<br /> such defaul�vr pursuant to such natic�of default;and,no`lwithstanding the cantinuance in possessivn of
<br /> �he Prvpe�.y ar fhe�allec�ian, receipt and applicafian of rents, issues ar praffs, Trusfee ar Lender shall
<br /> b�entitled ta e�c�rcise e�ery right pro�ided for�n�the Credit Agreement or the Related Dv�umen�s ar by
<br /> l aw u pvn the accuRence of any event of defa u[t,i n�l ud ing the r�g ht ta exer�ise th e power o�sale;
<br /> �b} Commence an acfiian fa foreclose fhis Deed of Trust as a mortgage,appoint a receiver vr specifically
<br /> �nforce any of th�co�enants herevf;and
<br /> �(c� Deli�er�o Trustee a written declaration af default and demand for sale and a written n�fice af de�ault
<br /> and election to cause Trus�❑r's interest in the Property to be sofd,whi�h notice Trustee shall ca�us�to be
<br /> duly fifed far re�ord in the apprvpriate vffices of the�oun�y in whEch the Property is�oca�ed;and
<br /> (d} VIlith respect tQ aEl or any part of�he PersonaE Property, Lender shall ha�e all the r�ghfs and remedi�s
<br /> af a secured parLy under#he Nebraska Uniforrn Commer�ial Gvde.
<br /> Fareclosure by Power nf 5aie. If Lender elec�s ta�arec[ose by exerase of the Power of 5�fe herein rantained,
<br /> Lend�r sha!! natify Trustee and shaf�deposi�wifh Truste�#his Deed of Trust and�he �redit Agreem�r�t and
<br /> . such rer�ei p�s and e�idenoe of expenditures made and secured by th�s De�d af Trust as Trustee may requi re.
<br /> �a} Upon reGeipt of such no#ice from Lender,Trustee shall cause fo be recoraled,published and delE�ered
<br /> fa Trustor su�h N�tic�of��fault an�l Natic.�of Sa��as then requir�d by 1aw and by this Deed of Trust.
<br /> Trustee shall, withaut demand on Trustar, af�er such time as may then be required by Iaw and after
<br /> recardatEan af such Noti�e of Default and after No�ics of Sale ha�ing been given as required by law, se!!
<br /> the Proper�y at the time and plave of sale fixed by it in such Notice of Sale, either as a whole, or in
<br /> separate lvts or parcels or items as Trust�e sha[I deem e�edient,and in suc�order as it may determine,
<br /> � at public auctian to the highest bid�er far cash in[avtir�ul mvney of fh�United 5fat�s payabie at�he time
<br /> of saie. Trusfee shall deliver ta such purchaser or purc�asers thereo� i�s good and sufficien#deed or
<br /> deeds ovnveying the property sa sald, bu�w��haut any ca�enant or wa.rranty, express ar imp[ied. The
<br /> �-ecitals in such deed o�any matters or facts shall be oonclusive proof of the�ruthfuEness�hereof. Any
<br /> person,in��uding withaut limitativn Trus�or,Truste�,or Lender,may purchase a�such sale.
<br /> [b} As may be permit�ed by �aw, after deducfing all costs, fe�s and exp�nses o�Trustee and of this
<br /> Tnast,including ca�ts vf e�Edence of title in conne�ion with sa[e,Trustee shall a�aply the proceeds o�sale
<br /> to paymen�of �i} af1 sums expended under the ferms of this Deed of Trust or under the terrns of the
<br /> Gredit Agreement nat then repaid, including bu�nat limifed to aocrued interest and la�e charges, �ii}al[
<br /> other sums then se�ured h�ref�y, and (iii}the remainder,i�any,to the person or persons[�ally enfitled
<br /> there�a.
<br /> (c� Tnas�ea may in�he manner pro�ided by law postpone sale of al!or any portion af the Praperty.
<br /> Rernedies No� Exclus��e. Trust�e and Lender, and each of them, sha!! be entit[ed ta enforce payment and
<br /> performance of any�ndebf�dness or obliga�Eons secured by this De�d of Trust and tv exercis�al!rights and powers
<br /> under this D�ed vf Trust, under the Cred�t Agre�rn�n�, under any of#he Re[ated Dacumen�s, ar under any �ther
<br /> ag�reem�n� ❑r any laws n�w �r he�eaft�r in farc�; natwiths�anding, some or a1[ of suGh ind�b��dness and
<br /> �blig�at�ons s�cured by#his Deed of Trust may now or hereafter be otherwise secured,whether by rnortgage,deed
<br /> ❑f trust, p[edge, 1�en, assignment or otherwis�. Neither th�accep�an�e of�his Deed of Trust nor its enforcement,
<br /> wheth�r by court action o�pursuan�ta the pvwer of saEe❑r ather pvw�rs con�ain�d in this D�ed ❑f Trust, shaf�
<br /> prejudi�e or in any rnanner affec�Trustee's ar Lender's right ta realize upon ar snforce any other securi�ty nvw❑r
<br /> herea�ter h�[d by Trustee ar Lender,it being agreed that Trus��e and Lender,and each of them,shall be entitled to
<br /> � enforce this Deed af Trust and any other security now or herea�ter held by Lender ar Truste� in such order and
<br /> manner as they or �ither of them rnay in their absolu�e dis�retion determine. iVo remedy �anf�rred upan ar
<br /> r�served ta Trustee or Lend�r, is intend�d to be e�cclusive �f any other remedy in this Deed of Trusf or by law
<br /> prov[ded �r permi�ted, but each shal[ be cumulative and shall be in addi�ivn to eWery ather remedy gi�en in this
<br /> Deed a�Trust❑r now or hereafker ex�s�ing at!aw or in equity or hy stafiute. E�ery p�wer ar remedy gi�en hy�h�
<br /> Gredit Agreernent or any o� the Rela�ed Dacuments to Trustee vr Lender or tv which either o�them rnay be
<br /> atherwise entitl�d, rnay be exercised, Goncurren�ly or independent�y, from time to time and as often as rnay be
<br /> deerned expedient by Trust�e �r Lender, and either af�hem may pursue incansistent remedies. M'othing in �his
<br /> Deed of Trust shail be cQnstrued a� prohibifiang L�nder from s��king a defciency judgm�nt against the Trus�or ta
<br /> the extent such action is permitted by 1aw.
<br /> Electivn of Remed��s. Af1 of Lende�'s ri�hts and remedies wiCl be cumulati�e and may be exercised alone ❑r
<br /> ��gether. If Lender decides to spend money vr to per�orm any af Trus�vr's obligations under�his D�ed of Trust,
<br /> aft�r Trustar's failure ta do so, that decision by Lender wil[ not affect Lender's right to dec�are Trustor in default
<br /> and ta exerc�se Lender�s remedies. �
<br /> Request far Notice. Trus�or,on behal�of Trustor and Lender, hereby requ�sts that a copy of any Not�ce of Default
<br /> and a copy af any Nvtice vf Sale under this Deed of Trust be mailed to them at the addresses se�forth in the first
<br /> paragraph af th is Deed of Trus#.
<br /> A�orneys' Fees; Expenses. �f Lender insti�utes any suit or activn fia enforoe any of the terms of th�s Deed of
<br /> Trust, L�nder shal!be enti�led to reco�er such sum as the court may adjudge reasonab[e as attarneys'fees at trial �
<br /> and upon any appeal. WI-iether or nvt any courfi acti�n is in�al��d, and fv�he�xtent nvt prahif�ited �y law, all
<br /> reasonable expenses L�nder incurs�hat in Lender's opinion are nec�sary at any time for fhe protectian of ifs
<br /> interest or the enforcemenfi o�i�s rights shall b�come a part vf the Indehtedness payable vn demand and sha[I b�ar
<br /> in�eresfi at the CredE�Agre�rnen� rate from �he date of the expenditure unti� repaid. Expenses caWered by thEs
<br /> paragraph include,wi�hau�[imitation, hawe�er subject to any limits under app[�cabfe law, Lende�'s attomeys'fees
<br /> and L�nder's lega[ expenses, whefher vr not fhere is a [awsu�, inc�uding attorneys' �ees and expenses fvr
<br /> bankrup�cy prooeedings{in�luding effor�s to madify ar�acate any autamatic stay or injunctian}, appea[s, and any
<br /> anticipated post judgment colfection se�vices, the oast of searching recards, obtaining tit[e repor�s �including
<br /> foreclosure r�parts}, sur�eyors' reparts,and appraiSaf fees, title insurance,and fees for the Trustee,to fh�exten�
<br /> permitted by applicable 1aw. T�ustor afso wi[1 pay any court casts,in addition to a[1 other sums pno�ided by�aw.
<br /> Rights o�Trustee. T�-ustee�shall ha�e al[af the rights and duties of Lender as set farth in this section.
<br /> P�IJVERS ANO �BLiGATIaNS�F TRUSTEE. The fo�l�wing provisions relating to�he pawers and obligations of Trustee
<br /> ar�part o�this❑eed o�Trust: �
<br /> Fawers of Trustee. In add�#�on��al�powers vf Trustee arising as a matter af law,Trustee shall ha�e the power to
<br /> take the following actions with respect ta the Praper[y upon the wriften requesf of Lsnder and Trus�ar: �a}join in
<br /> preparrng and filing a map vr plat of the Rea[ Property, including the dedication of streets or ❑ther rights #o #he
<br /> public; �b}join in granting any easement or cr�ating any restri�tion on the Rea[ Praperty; and �c} jain in any
<br /> subardination vr other agre�men#a�Fecting#his Deed of Trust or the interes�of Lender under this Deed of Trust.
<br /> Trus#ee. Trustee sha[[ meet all qualificafiaans required�or Trustee under app�icable law. In addition ta th� rights
<br /> and remedies set f�rth abo�e, with respect tv a1[ ❑r any part Qf the Property,the Trustee shall have#he right�o
<br /> �areclase by notice and sale, and Lender wiCl have the righf fa fvreclose by judicial forec[osure, in either case in
<br /> accardance with and ta the fu1!extent pro�ided by applicable law.
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