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��15�5885
<br /> �EE� �F `TF�4J�1'
<br /> Loan No: '�U 1�89'I 9� ��onti�ued� Page 7
<br /> appointed by a c�urt and withaut regard to the adequacy of its se�uri�y, enter upon and tak� possessian
<br /> of the Property, vr any part fh�reof, in its own name ar in the name of Trustee, and do any acts which it
<br /> deems necessary or desirab�e�o preser�e�h��alue, m�rketability or rentabili�y❑f the Property, or part af
<br /> th� Prop�rty or interest in the Property; incraase the incame fr�m the Property or protect the security ❑f
<br /> the Property; and, �►vith ar without ta�ing possession af the Property, sue fvr or otherwise �oll�ct the
<br /> ren�s, issues and prafits of the Praper�y, including those past due and unpaid, and apply th� same� less
<br /> costs and expenses�f tiperation and callection attorneys' fees,to any ind�btedn�ss secured by�his Deed
<br /> of Trust, all in such order as Lender may determine. The entering upon and taking possession of the
<br /> Property, the collectivn a# such rents. issues and profits, and the applicat�on there�� shall not �ure or
<br /> waive any default�r natice of de�ault under�his Deed ❑�Trust ar invalidate any ac�done in respans� to
<br /> such default vr pursuant to su�h natice of default; and, nvtwithstanding the continuance in possession❑f
<br /> the Property�r the collectian, receipt and applicatian o� rents, issues or pr�fits, Trus��e vr Lend�r shall
<br /> be enfiitled to exercise e�ery right pro�ided ��r in the N�te or�he Relat�d Dacuments or by law upan the
<br /> oc�urren�e❑f any event af default,including the righ�to exercise the pawe�of sale;
<br /> {b� �ommence an actian to�Fore�lose�his Deed af Trust as a mortgage, appaint a receiver or sp�ci�icail�
<br /> enfar�e any of�he Govenanfis hereof; and
<br /> {�} DeiiWer to Truste�a v►rritten dec�ara�ian❑�d�fault and demand far sale and a wri�ten n�tice��default
<br /> and election tv cause Trustor's int�res�in the Pr�perty to be so[d, which nvtice Trustee shall cause t❑ be
<br /> du�y fi�ed for r�cord in the apprvpriate offi�es of the Caunty in whiGh the Property is locat�d; and
<br /> �df With respect to al� or any part of�he Persanal Property, Lender shall have al1�he rights and rernedies
<br /> of a secured par�y under the Nebrasl�a Un�form�ommercial Code.
<br /> Foreclosure by Power of Sale. If Lender el��ts t❑fare�lose by exercise of the Pavuer❑f Sale herein cvn�ained,
<br /> Lend�r shail noti�y Trustee and shall depasit with Trustee this Deed of Trus�C and th� hlote and such receipts
<br /> and e�idence vf expenditures made and secured by this Deed�f Trust as Trustee may require.
<br /> �a� Upan r�ceipt vf such nvtice frvrn Lender,Trus�ee shail cause to be recorded, published and delivered
<br /> to Trustor such iVotice �#❑e�au�t and Notice o�F Sal� as th�n requir�d by law and �y this Deed of Trust.
<br /> Trustee shall, with�ut demand on Trustar, a#ter su�h �time as rnay then bs required by law and after
<br /> recorda�tion of such Natice of C�efault and af�er Notice ❑f Sale ha�ing been gi�en as required �y�aw, sell
<br /> the Praperty at the time and place ❑f sale �fixad by it in such IVotice of Sale, either as a whale, or En
<br /> separa�te �vts or parcels vr items as T�ustee shal!d�em expedient, and in such ❑rder as it may determine,
<br /> at puhli� auctian to th� highest bidder fvE cash in faw�ul money of th� �]nited 5tates payabl� at the�ime
<br /> vf sale. Trus��e sha�[ deli�er tv such purchaser or purchasers therea�F its go�d and sufficient dee� ar
<br /> deeds canveying �the property so sold, hut wi�h4ut any covenant vr warranty, �xpress or implied. Th�
<br /> recitals in such deed of any matt�rs or�facts shall be canGlusive proaf of the tru�hfulness th�r�o�. Any
<br /> person, including wi�haut limitation Trustor,Trustee, ❑r Lender, may pur�hase at such sale.
<br /> �h� As may be permitted by law, after dedu�ting al! costs, fees and expenses vf Trus�ee and of this
<br /> Trust, including costs�f e�i�ience of title in connection with sale, Trustee shall apply th� praceeds of sale
<br /> to paym�nt of �i� all sums expended under the terms of this Deed of Trust or under the�errns of th� Nate
<br /> nvt then r�paid, in�luding but not iimited to accrued inter�st and late charges, �ii} all other sums fihen
<br /> secured h�reby�and {iii}�he remainder, i�any,to fihe person ar persons legally en�itled theret�.
<br /> �cy Trus�ee rnay in the manner pro�ided �y law pastpane sale of al[ar any portion of the Property.
<br /> Remedies IVot Exclusi►re, Trustee and Len�er, and each of them, shall be entitled t� enfor�e payment and
<br /> per�farmance ot any indek�tedness or obligations secured by this Deed a�Trust and to�x�rcise all ri�hts and powe�s
<br /> under this Deed a�Trust, und�r �h� No�e, under an� of the Related Documents, vr under any other agreement ar
<br /> any laws now or hereafter in f�rce; notwithstand�ng, sorne or al� of such indeb�tedness and obligations secured by
<br /> this D�ed of Trust rnay nvw c�r hereafter be otherwise secured, whether by mortgage, de�d of trust, pledge, lien,
<br /> assignrnent ar otherwise. Neither the acceptan�e af �his Qeed nf Trust nar its entorcement, whe�her by c�urt
<br /> actian or pursuant ta the power vf sa�e or other powers can�ained in this ❑eed of Trust, sha�l prejudice ar in any
<br /> manner affect Trus�e�'s vr Lender's right �o realize upon or �nforce any ofiher se�uri�y now or hereafte� held by
<br /> Trus�ee❑r Lender, it being agreed that Trustee and Lender, and�ach�f them,shall be entit�ed ta enfiorce#his Deed
<br /> of Trus� and any other se�uri�y now or her�after held by Lender or Trustee in such order and manner as �h�y or
<br /> either af them may in their absoiute dtscret�on deterrnine. No remedy con�Ferred upvn or reserWed fv Trustse or
<br /> Lender, is intended to b� exclusive of any ather remedy in this a�ed of Trust or by law prvWided or p�rmit�ed, bu�
<br /> �ach sha�f be cumula�ive and shall be in additi�n to e�ery vther remedy gEven in �his ❑eed �� Trust ar now ar
<br /> hereaft�r ex�sfiing a�!aw or in equity ar by s�atute, EWery power or remedy gi�en by the Note vr any of the Related
<br /> ❑ocuments to Trustee vr Lender ar tfl v►�hicl� either of them rnay be ath�rv►rise �ntit�ed, may �e exercised,
<br /> cancurren�ly ar indep�ndently, frvm tirne ta�irne and as afiten as may be deemed expedient by Trustee vr Lender,
<br /> and either of them may pursue incansis�ent remedies. Nofihing in this Deed af Trust sha[I be cansfrued as
<br /> prohibi�cing L�nder from seeking a deficien�y judgment against the Trustor tv the extent such action is permit�ed by
<br /> law. Electian by Lender t� pursue any rem�dy shail not �xc�ude pursui� o� any o�her remedy, and an elec�ion t�
<br /> mal�e expendi�ures or �� fak� action t❑ perform an ❑bfigation af Trustor under this Deed o�Trust, af�ter Trustor's
<br /> failure to p�rfarm, shall nQt affect Len�er's right t❑declare a default and exercise its remedies,
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