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200101126 <br />the owners of the Property, Grantor, or some junior lienholder redeems at the foreclosure <br />sale. In the event any court of competent jurisdiction requires the posting of a bond by the <br />Beneficiary in connection with the appointment of a receiver, the Grantor hereby agrees and <br />acknowledges that a bond equal to one (1) month of gross revenues from the Property will <br />be a sufficient amount. <br />Judicial Action. Beneficiary may bring an action in any court of competent jurisdiction to <br />foreclose this instrument or to enforce any of the covenants and agreements hereof. The <br />Property may be foreclosed in parts or as an entirety. <br />Power of Sale. Beneficiary may elect to cause the Property or any part thereof to be sold <br />under the power of sale herein granted in any manner permitted by applicable law. In <br />connection with any sale or sales hereunder, Beneficiary may elect to treat any of the <br />Property which consists of a right in action or which is property that can be severed from the <br />real property covered hereby or any improvements thereon without causing structural <br />damage thereto in accordance with applicable law, separate and apart from the sale of real <br />property. Any sale of any collateral shall be conducted in any manner permitted by the laws <br />of the state in which the Property is located. Should Beneficiary desire that more than one <br />sale or other disposition of the Property be conducted, Beneficiary may, at its option, cause <br />the same to be conducted simultaneously, or successively, on the same day, or at such <br />different times and in such order as Beneficiary may deem to be in its best interests, and no <br />such sale shall terminate or otherwise affect the lien of this Deed of Trust on any part of the <br />Property not sold until all Indebtedness secured hereby has been fully paid. <br />Upon the occurrence and during the continuance of any Event of Default, or at the maturity <br />of the Note whether by acceleration or otherwise, Beneficiary is authorized and empowered, <br />without further notice, to file with Trustee a written Notice of Election and Demand for Sale, <br />as provided by law, whereupon it shall and may be lawful for the said Trustee to foreclose, <br />and the said Trustee shall foreclose this Deed of Trust, and sell and dispose of the Property <br />en masse or in separate parcels (as Beneficiary may elect) and all of the right, title and <br />interest of Grantor therein at public auction at any place then authorized by law as may be <br />specified in the notice of such sale, for the highest and best price the same will bring five <br />weeks public notice having previously been given of the time and place of such sale by <br />advertisement, weekly in some newspaper of general circulation at the time published in the <br />County where the Property is located, or upon such other notice as may then be required by <br />law, and shall issue, execute, and deliver a Trustee's Deed (which may be in the ordinary <br />form of conveyance) in the manner provided by law to the party entitled thereto. The Trustee <br />shall, out of the proceeds or avails of such sale, after first paying and retaining all fees, <br />charges, the cost of making said sale and advertising the Property, and attorneys' fees as <br />herein provided, pay to Beneficiary the then existing amount of the amounts due under the <br />Note with interest thereon at the rate applicable under the Note, rendering the over -plus, if <br />Tracking No. 200012011 -NEB <br />15 <br />