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��15�5937
<br /> DEED �]F TRUST
<br /> {C�nt�nued� Pa�� a
<br /> Death ar insolrrency. Th�dea�h o�f Trustar, the ins�ivsncy�f Trustor, the appointmen�af a rece��er for any part a�F
<br /> Trustor`s property, any assignment for the bene�it of cre�itors, any �ype af credi�or workout, ar the
<br /> �ommencement of any proceeding under any bankrupfi�y or insal�ency laws by ar against Trustar.
<br /> Credito� ar Farfeiture Pra�eedings. C�mmencement of foreclasure ar �ar��i�ure p�aceedings, whether by �udicial
<br /> prac�eding, self-help, re�assession or any other methad, by any creditor of Trustor or by any go�ernmental agen�y
<br /> against any prvperty securing the �ndebtedness. This �n�[udes a garnishment ❑f any vf Trustor's accoun#s,
<br /> in�fuding deposit acGaunts, with Lender. Howe�er, #his Event of Default shall no� apply if ther� is a good �Faith
<br /> dispute by Trustor as ta th� �alidity ar reasvnableness af the clairn which is the basis of the creditar�r fvrf�iture
<br /> p�oceeding and if Trustar gives Lender written nofiice af the creditor or for�ei�ure procseding and d�posEts with
<br /> Lender monies or a surety bond for the �reditar or f�rfeiture prace�ding, in an amaunt determined b� L�nder, in its
<br /> soie discretian, as being an adequate reser�e or bond far the dispute.
<br /> Br�a�h of�ther Agreement. Any breach �y Trus�or under the fierms ❑f any �ther agreement betv+reen Trustor and
<br /> Lender tha�C is nat rernedied within any grace period pro�ided therein, including withvut limi�ativn any agreement
<br /> concerning any ind�l�tedness or ather obfigativn o�Trustor t❑ Lender, wheth�r existing now or later.
<br /> E►rents Affe�ting Guarantor. Any of the preceding e�en�s ❑�curs with respect ta any guarantor, endorser, surety,
<br /> or a�cammodat�an party �� any of the Indebtedness ar any guarantar, endvrser, sure#y, or a�commodation par�y
<br /> dies or becames inc�mpetent, ❑r re�okes or dispu�es the �alidity ❑f, or lia�ility under, any Guaranty af the
<br /> I ndebted ness.
<br /> Ad►►erse Change. A material ad�erse change occurs in Trus�or's financial canditian, ❑r Lender belie�es the
<br /> praspect af payment ar p�rfarmance o#�he Indeb�edness is impaired.
<br /> Inse�urity. Lender in gaod faith beli�ves itself inse�ure.
<br /> Right�o Cure, !f any default, ather than a defaul�t�n payment, is curable and i�Trustor has nat been gi�en a noti�e
<br /> of a breach of the same prv�ision❑f�his Deed of Trust within the pre�eding twe��e t1 2� manths, it may be cured i�
<br /> Trustor, a�ter Lender sends written notice ta Trust�r demanding cure❑f su�h defau�t: �1} cures the de�ault within
<br /> twenty �2�� days; vr ��y if �he cure requires more than twenty f�a� days, immediat�ly initiates steps whEch
<br /> Lender d�ems in Lender's sale discretion ta be su��icient tv eure the de�Faul� and thereaft�r continu�s and
<br /> c�mplet�s all r�asonable and necessary steps sufficient t�produGe�vmpliance as svon as reas�nab�y practical.
<br /> RtGHTS AND REMEDIES 4N DEFAULT. If an E�ent af Default occurs under this ❑eed❑f Trust, at any time thereafiter,
<br /> Trustee or Lender may exerc�se any ane or more❑�th��follvwing rights and remedies:
<br /> Accelera�kion Upon Default;Additional Remedies. If any E�ent�f Defauf�❑ccurs as p�r the terms vf the IVote
<br /> se�ured hereby, Lender may decia�e all [ndebtedness secured by�khis De�d of Trust to be due and payable and
<br /> the same shall�hereupon#�ecam�due and payable withvut any pres�ntrnent, d�mand, protest or nvti�e vf any
<br /> kind� Thereafter, L�nde�may:
<br /> ta] Ei�her in person ar by agen�, �►►ith ❑r without bringing any action or proceeding, or by a recei�er
<br /> appoin�ed by a caurt and wi�hout regard to t�e adequacy af its securitiy, �nter upon and take p�ssessian
<br /> of the Proper�y, or any part thereof, in its own name ar in�h�name of Trustee, and dv any acts whiGh it
<br /> deerns necessary❑r desirable to preser��fih��alue, mark��ability or rentahility o�the Property, or par�of
<br /> the Property or interest in the Property; increase the incvme from the Praperty or protect th� security v#
<br /> th� Prap�rty; and, with or with�ut taking possessivn of the Prvper�y, sue far or otherwise �ollect the
<br /> rents, issues and profits �f the Praperty, inCluding those past due and unpaid, and apply the same, less
<br /> costs and�xpenses of aperation and c��le��ion attvrneys' fees,to any indebtedness secured by th�s ❑eed
<br /> of Trust, all in such ❑rder as Lender rnay determine. The entering upon and taking poss�ssion of the
<br /> Prflperty, the co�fection o� such rents, issues and profits, and the applica�ian therevf shall nat cure or
<br /> wai�e any default vr notice v�default under this C]eed of T�ust vr invalida#e any a�t dane in response t❑
<br /> such default ar pursuant to such notice af default; and, natwithstanding the continuan�e in p�ssession of
<br /> the Proper�ky ar the callection, receipfi and applicatian af rents, issues or profits, Trustee or Lender shall
<br /> he entitled to exerc�se e�ery right prv�ided for in the Note or�he Related Dacuments ❑r by la�nr upvn the
<br /> ❑ccurrence of any ev�nt o#default, including the right t❑exercise the p�wer vf sale;
<br /> �k�) Commence an actian ta fareclose this Deed af Trusti as a mortgage, appoint a r�cei�er or specifi�ally
<br /> enforce any af the co�enan�s hereafi; and
<br /> [c) ❑eli�er tv Trus�ee a written declara�ion vfi default and demand for sale and a written notice of d�fault
<br /> and election ta�ause Trustor's�nteres#in the Property�o be said, whi�h nati�e Trustee sha[[cause t❑ be
<br /> duly filed fvr recard in the appropriate of�ices af fihe County in which the P�aper�ky is io�ated; and
<br /> �d} With respect to all or any part af the Persana! Prape�ty, Lender sha11 ha�e a11 the rights and remedi�s
<br /> a�a secured pa�ty und�r the N�braska lJni#o�m Commercial Code.
<br /> Foreclasure hy PowQr o#Safe. l�L�nder elects to farecl�se by exer�ise af the Pavuer of 5a1e he��in contained,
<br /> Lender shall nat�fy Trustee and shall deposit wi�h Trustee this �eed af Trust and �he Nate and such recei�ts
<br /> and e�idence of exp�nditures made and secured by�his Deed af Trust as Trustee may require.
<br /> {a} Upon receipt❑#such notice frvm Lender, Trustee shall cause to be rec�rded, published and deli�ered
<br /> to Trustor such Natic� of ❑efaul� and Noti�e of 5ale as then required by kaw and by this ❑eed of Trus�.
<br /> Trustee shall, ►rvithaut demand on Trustor, after such tirne as may then be required �y 1aw and after
<br /> recardation�f such Natice of ❑efault and after Na�ice o'�Sale having been gi�en as required by law, sell
<br /> the Praperty at the time and place �f safe fixed by it in such Nvtice o� Sale, sither as a whofe, or in
<br /> separate lots�r parcels or iterns as Trustee shall deem expedient, and in such order as it may de�ermine,
<br /> at pubEic aucti�n t❑the highest bidder for cash in lawful man�y of the United States payable at the�ime
<br /> of sale. Trustee shall deliver ta such purchaser ar pu�chasers thereof i�s good and su�fiGient deed ❑r
<br /> deeds can�eying th� property so sold, but ►r►rith�ut any co�enant ar warranty, express ❑r implied. The
<br /> recitals in such d�ed ❑�any matters vr fac�Cs sha11 be cvnclusi�e proof of the truth�u�ness therevf. Any
<br /> persvn, �ncluding►n►ithnut limi�katian Trustor, Trustee, ar Lender, may purchase at such sale.
<br /> {�� As may be permitted by lavv, after deduGting all cos�s� fees and expenses af Trustee and of this
<br /> Trust, in�luding costs of e�idence of title in cannecti�n with sale, Trustee shall apply the prvicesds of sale
<br /> to payment of �i} all sums expended under th�e t�rms of this C]sed of Trust ar under the�erms vf the Nv�e
<br /> n�� then repaid, including bu� not limited to a�cru�d interest and late charges, =iiy all other sums then
<br /> secured hereby, and �iiiy the remainder, if any, t�the person�r persans l�9alfy entitled thereto.
<br /> �c� Tru�tee may in the manner pra�ided hy lauv pastpone sale o#al!�r any part�on❑fi the Praperty.
<br /> Remedies Nat Ex�lusi�e. Trustee and Lender, and ea�h of them, sha�l �e entitled to enforce payrnent and
<br /> perfarman�e of any indebtedness or obligations secured hy this D�ed❑f Trust and ta�xer��se a��rights and pa�rvers
<br /> under this Deed of Trust, under the Note, under any af the Reiated ❑acuments, ar under any ather agreemen� or
<br /> any laws now ar herea�ter in fvr�e; natwithstanding, svme or a11 0#such indehte�ness and obligatians secur�d hy
<br /> this Deed of Trust may now vr her�after be otherwise secured, whether by mvr�gage, deed o�trust, pledge, lien,
<br /> assignment ar vtherwise. Ne�th�r th� acc�p�ance af this Deed afi Trust nor its enforcemen�, whether by �ourt
<br /> actian or pursuant to the power of safe ar ather p4wers con�ained in this Deed af Trust, shall prejudi�e ar in any
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