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��1 5�5��� <br /> �3EEC] C3F �'l���T' <br /> �����1 n ued} Pa�e � <br /> �a} Either �n person �r by agen#, wi�h ar without bringing any action or proceeding, or by a recei�er <br /> appo€nted by a cour�and wi#hou�regard to the adequacy of i�s security, enter u�on and take pvssession <br /> of the Properfiy, or any par#thereof, in its�wn nam�or in the name af Trustee, and do any aets which it <br /> deems ne�essary or desirab�e�o presetve�he�alue, mark�tability or rentabil�#y o�thE Property,or part of <br /> the Pr�per�y ar in�er�st in the Property; ir�crease th� �ncame from th� Proper�y or prate�t�he se�uri�y af <br /> the Prape�ty; and, with ar without taking possession of the Prope�ty, sue for or otherwise collect the <br /> rents, issues and profits af the Praper#y, including those past due and unpaid, and apply the same, IESS <br /> costs and expenses af❑peration and co!lectivn attarne�s'fees,to any indeb�edness secured by this Deed <br /> of T�ust, all in suGh �rder as Lend�r may det�rrnine. The entering �pon and taking passessio� of the <br /> Pr�pe�ty, the �ollection of such rents, issues and profts, and the appl��ation thereof sha�1 not cure or <br /> waive any default or notice o�default under this Deed a�Trust❑�in�al�date any act dane in response to <br /> such de�'ault or pursuan�to such notice of de�au�fi; and, notwithstanding�he continuan�c in possession af <br /> the Property❑r the c�l�ection, receipt and appl�catian af rents, issues ar profits, Trus�ee ar Lender shall <br /> b� entitfed to �xercis� every right pra�ided for in�he Credit Agreemen�❑r the Relat�d Qacuments ❑r by <br /> law upan the oc�urrence of any even�af default, including the right to exerc�se the power Qf sa�e; <br /> �b} Gamm�nce an actian to�oreclase this Deed of Trust a�a martgage, appoint a recei�er ar specifically <br /> enforce any of the co�enants hereof;and <br /> �e) ❑efi�er to Trustee a writt�n declaration o#defaul�and demand�ar sa�e and a written not�ce of defaul� <br /> and electi�n to cause Trusto�''s interest in�he Pr�per�y#Q be sold,wh�ch notiee Trustee sha11 cause to be <br /> duly�iled fo�'record in the apprapriate off�ces o�the Caunty�t�which t�e Prapet�y is�ocated;and <br /> �d) Wi#h respect to all or any part of the Persana(Prope�ty, Lender sha��have a11 ths rights and remedies <br /> ❑�a secured parfy under the iVebraska Uniform Commerc�a!Cade. <br /> Fore�Iosure by Pawer of Sa�e. l��.ender elec�s to f�reclase by exercis�o�t�e Power❑�Sa#e�erein cflnta�ned, <br /> Lender sha�1 notify Trust�e and shall depasit with Trus�ee this Deed o�'Trust and the Cred�t Ag�eemen#and <br /> such receipts and e�idence af exp�nditures made and secu�ed by this�eed❑f Trust as Trustee may requir�. <br /> �a} Upon receipt of such notic�frarn Lencler, Trus�ee shall�ause tQ be recorded, published and defi�ered <br /> to Trustar such Notice ofi Default and No�ice of 5ale as fh�n r�quired by law and by�his Deed af Trust. <br /> Trustee shall, wi#h�ut demand on Trus�tor, a�te�' such tirne as may fhen be required by law and af�er <br /> recordafi�on af such Notice of De#auf#and after Notice of Sa1e having been gi�en as required by law, sell <br /> the Property at the tim� and place af sa�e fixed by i� in such Natice o� Sale, either as a whole, or in <br /> separate lots a�parcels or items as Trustee shal� deem expedient, and in such arder as i�may deterrnine, <br /> a�publ��auc��an t❑ the hic�hest bidder for cash in law-Fu� rnoney a�the United Stat�s payable at the time <br /> of sale. Trustee shail deli�er to such purchaser o� purchasers thereof its good and suffic�en�deed ❑r <br /> deeds con�eying th� praperty so so�d, but wi�hout any co�enant or warranty, express ar implied. The <br /> recitals�in such deed o�any ma�ters or facts shafl be ��nc�usive pt-aaf of the truthfuln�ss ther�of, Rny <br /> person, inc�uding withau�limitation Trustor,Trus�e�,❑r Lend�r,may pu�chase at such sale. <br /> tb� As may be p�rm�tted by �aw, after deducting all casts, fees and exp�nses af Trustee�and a�this <br /> Trust, inc�udir�g costs of e�idence❑�t��le in cor�ne�tion with sa�e,Trus�ee sha��app�y the proceeds a��ale <br /> tv payment ❑f [i} a11 sums expend�d under the �erms o�#his Deed of Trust or unde�-the ter'ms of the <br /> Credit Agr�ement not then repaid, includi�g but no#�imited to a�crued inter�s�and late charges, �ii} a�I <br /> o�her sUms#hen se�ured hereby, and �iii}the remainder, i�any, to#he pe�-san ❑r persons lega��y entitled <br /> th�reto. <br /> [c} Trustee may in the manner pra�ided by�aw postpone sale af all or any�artian❑f th�Proper�y. <br /> Rsrn�dies No� Exclusive. Trus�ee and Lender, and each of them, shall be en#itled ta enforce paymen� and <br /> pe�#ormance o�any�ndebtedness or flbiigativns sec�red by this Deed of Trust and to exercise all rignts and povvers <br /> under�his ❑eed �f Trust, under the �redi� Agreem�nt, under any of th�: Relat�d Do�uments, o� under any other <br /> agreement ar any laws naw or hereafter in foree; nofwiths�anding, same ❑r a[I o� Such indebtedn�ss and <br /> ohiiga�ions secured by this �eed of Trust may naw or herea�#er be othe�vise secured,whether hy mo�tgage, deed <br /> a#trus�, pledge, 13en, assignment or oth�n►vise. Ne�the�the acceptance of�h�s [�eed nf Tru�t nor its enfor�ement, <br /> whether by �ourt �ctic�n or pursuant to �he power of s�ie or o�her powe�-s �ontained in this Deed of Trus�, shal� <br /> prejudice❑r in any rnanner affect Trus�ee's �r�ender's right to realize upon or enfarce any other security now or <br /> hereafter held by Trustee or Lender, it be�ng ag�eed�ha�Trustee and Lender,and each o€them,shall be entitled to <br /> enfarce tnis Deed af Trust and any ather securii�y now or h�reafter h�3d by Lender or T�ustes in such ❑�der and <br /> manner as #hey or eithe� of �hem may in their absvlute d�scretian de�errnine, Na reme�y conferred upon or <br /> rese�ved to Trus�ee ar Lender, is �ntended to be ex�lusi�e ofi any other remedy in �his Deed of Trust or by law <br /> pro�id�d ❑r perrnit�e�, but each shall be c�rnulative and sha�l he En addition ta e�ery �ther remedy gi�en in this <br /> Dee� of Trt�st or no�or hereafter existing at la�r or in equity❑r by statut�. Every power or r�medy given by the <br /> Credi� Agreemen� ar any of the Re�ated ❑acuments #� Trustee or Lender ar to which either af the�n may be <br /> �#he�wise entitfed, may be �xercised, concurrently or independ�ntly, from time �o time and as �f�en as may be <br /> deerned axpedient by Trus#ee o� Lender, and either of them may pursue inconsisten� remedies. Nnthir�g in this <br /> Deed of Trust snail be construed as prohibiting Lende�-from seeking a d��iciency judgment against�he Trust�r ta <br /> the extent such ac#�on is perm�tted by law. <br />