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2� 15�8�42
<br /> �EE� oF T�usT
<br /> Loan No: 1�"I��'I�37 �C[��t�nu�d� Page �
<br /> Right ta Cure. If any d�fault, o�her�han a defaul�in payment, is curable and i�Trustor has not been gi��n a notice
<br /> of a breach af the same pro�isian�f this Deed of Trus�within�he p�eceding tv►rel�e ��2� months, it may be cured if
<br /> Trustor. after Lender sends wri��en nfltice t�Trustor demanding cure o�F such de�Fault: ��� cures the de�ault within
<br /> ten {1�y days; or ��} if the cure requ�r�s more�han ten {�Q� days, immediately initiates st�ps vuhich Lender deems
<br /> in L�nder's sale discre��on to be sufficient to cure the defau�t and thereafter cantinues and �ompletes all reasonable
<br /> and n�cessary steps su�ficien��o praduce compliance as soon as reasonably p�ac�ical.
<br /> RIGHTS AND FiEMEDIES �N DEFAULTe l�F an EWent o�❑e�ault occurs under thEs aeed ❑f Trust, at any tirne thereafter,
<br /> Trus�ee or Lsnder may exercise any one or more vf�he fia�lowin� rights and remedies:
<br /> A�celeratian Upon Uefaul�; Additionai R�medies. If any E�ent of ❑efault oc�urs as per th� terms ❑f the Note
<br /> se�ured hereby, Lender may declare all Indebtedness secured by�his Des� o�f Trust to be due and payable and
<br /> �he same shal[thereupon be�ome due and payab�e without any presentment, demand, protest or notice af any
<br /> kind. Thereafter, Lender may:
<br /> �a� Either in pe�san ar by agen�, with ❑r vtirithou� bringing any action or proceeding, �r by a receiver
<br /> appain�ed by a court and without regard to the adequacy of its seGurity, enter upon and �al�e possessian
<br /> of the Property, or any part�h�reaf, in its own name or in the name of Trustee, and do any acts which i�
<br /> de�ms necessary ar desirah4e�o preserW�the�alu�, mark�tabili�y�r rentabilEty of the Property, or part of
<br /> the Property or in�er�st in the Proper�y; increase the incame from the Proper�y or prat�ct the security of
<br /> the Property; and, wi�h or wi�hout �akin� possession ofi the Property, sue for or otherwise co��ect the
<br /> rents, issues and prafiits of the Property, including those past due and unpaid, and apply the same, less
<br /> costs and expenses o�f operation and collecfion at�orneys' fiees, to any indebt�dness secured by this Deed
<br /> �f Trust, all in such vrder as Lender may determine. The entering upon and tak�ng possessi�n ofi the
<br /> Property, the collectian o� such ren�s, issues and prvfits, and the applica�tion thereof shall not cure or
<br /> waive any default or natice a�F default under this Deed ❑f Trust or in�alidate any act dane in respvnse to
<br /> such default ar pursuant ta such notice of d�:fault; and, notwi�hstanding th� continuance in possession of
<br /> the Pr�perty or �he Co�l�ction, re�eipt and application of r�nts, issues vr profits, Trus�ee or Lender shal�
<br /> be entitled t� exercise e�ery righfi proWid�d for in the No�te or the ReEa�ed Documents �r�ay law upfln th�
<br /> accurr�nce �f any e��nt of de�ault, includ�ng�he righ�to exercise the pflwer of sale;
<br /> ��� �ommence an actian to fareclose this Deed of Trust as a mortgager app�int a recei�er or specificaily
<br /> enforce any o�f the ca�enants herevf; and
<br /> �cy Deliver�to Trustee a wri��en declara�ion of d�fault and demand for sale and a written natice of default
<br /> and el�ction t� caus�Trustor's interest in th� Property to be sold, which notice Trustee shal! cause ta be
<br /> duly filed for record in the appropriate affices vf�he Caunty in which the PrQpert}�is lvcated; and
<br /> �d} VVith respect t❑ af� or any part of the Persanal Property, Lend�r sha11 ha�e all the r�gh�s and remedies
<br /> of a secured par�y under the N�braska Unifarm Comm�rcial Code.
<br /> Fore�losure b�Power of Sa1e. l�Lender elects to for�close by ex��cise ❑f the Power of Sale herein contained,
<br /> Lender shall notify Trustee and shall deposit wi�h Trus�ee thEs Deed of Trust and the Nate and such receipts
<br /> and e�idence o�expenditures made and s��ured by this Deed of Trust as Trustee may require.
<br /> �a� Upon receipt of such natice from Lender, Trus�ee shalE cause ta be recorded, published and deli�ered
<br /> to Trustor such Notic� �f Default and Notice of 5ale as then required by law and by this De�d a�Trust.
<br /> Trustee sha�l, withau� demand an Trus��r, af�er su�h time as may then b� required by law and after
<br /> re�ardation af such Nati�e of Default and after Nvtice of Sa�e having been given as required by�aw, sell
<br /> the Praperty at �he time and pla�e vf sale fExed by i� in such Notic� of Sale, either as a whole, ar in
<br /> separa�e I�ts �r parcels ar i�ems as Truste� shall deem �xpedient, and in such or�ler as it may determ�n�,
<br /> at public auction to �he hi�hest bidder far cash in lawful money af the llnited States payable at the time
<br /> vf sale. Trus�ee shall deli��r tv such purchaser or purchasers �hereof its g�od and suffi�i�nfi deed o�
<br /> d�eds conWeying the praperty sa s�ld, but with�ut any cavenant or warranty, expr�ss or �mplied. The
<br /> recitals in such de�d o� any mat�ters or fac�s shal� be conclusiv� proof of the truth�ulness �hereo�. Any
<br /> person, �n�luding withvut lim�ta�ivn Trustor�Trustee, or Lender, may purchase at su�h sale.
<br /> {�} As may �e permit�ed by law, after deducting a!l costs, fe�s and expenses af T�us�ee and of this
<br /> Trus�, including cos�s of eWiden�e of titfe in cannection with sale, Trustee shal� apply the proceeds af sale
<br /> t� payment vf �i� all sums expended und�r the�erms�f�his �eed of Trus�or under the terms�f the N�#�
<br /> not then repaid, including bu� not limi�ed ta accrued interest and late �harges, 4�i� all ather sums �th�n
<br /> secured hereby, and �iii� the remainder, if any,to the pers�n ar persons I�gally entified thereta.
<br /> �c} Truste� may in the manner provid�d by law pos�pone sale of a11 or any portion of the Property.
<br /> Remedies N�t Exclusive. Trustee and Lender, and �ach af th�m, shall be enti�tled t� enforce paymenf and
<br /> perfiormance of any indebtedness ar❑bligatians secured by this Deed ofr Trust and to �x�rcise a�l rights and powers
<br /> und�r this Deed of Trust, und�r the No�re, under any a�F the Relat�d Documents, or under any other agr�ement or
<br /> any laws now or h�reafter in fvrce; notwithstanding, some ar all of such indebtedness and obligations secured by
<br /> �his Qeed of Trust may now or hereaf�er b� atherwise secured, whether hy mortgage, deed of trust, pledge, lien,
<br /> assignmen� �r otherwise. Neither �h� acceptance o� this D�ed of Trust nor its �nfvrcem�nt, whether by c�urt
<br /> ac�ion or pursuant to th� pawer o� sale ar ather powers contained in this Deed of Trust, sha�l preju�lice or in any
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