2� 1 ����72
<br /> DEE�a �F TRUST
<br /> Loan Nv: �o����0�7 ���ontinued} Pa�e 7
<br /> Accelera�ivn Upon Default� Addi�ivnal Remedies. I�any E�en�❑fi De�ault o�curs as per the �erms of the Note
<br /> secur�d hereby, Lende�-may declare all Indebtedness secured by this Deed ❑�Trust to be due and payable and
<br /> �he same shall the�eupvn become due and payabfe withaut any presentment, demand, pro�est or nofiice of any
<br /> kind. Thereafte�-, Lender may:
<br /> {a� Eithe�- in persan or by agen�, with ❑r without laringin� any action ❑r praceeding, or by a reGeiWer
<br /> appain�ed by a cour� and wi�hou�regard to the adequacy of its security, en�er upan and take passessian
<br /> ❑f the Properfiy, or any part thereof, in i�s own name or in the name o�Trustee, and do any ac�s which ifi
<br /> deems necessary or desiralale to preser�e�he value, marf�etai�i��ty❑r rentability o��he Property, or part of
<br /> �he Property �r interes� in the Property; increase fihe income firom fihe Pr�perty vr pr��ec�the security ��
<br /> �he Prope�ty; and, wi�h or wi�hout �aking pvssessian of the Pr�perty, sue for or otherwis� collect the
<br /> rents, issues and pro�its vf fihe Property, including �hose pas� due and unpaid, and apply fihe same, ��55
<br /> cas�s and expenses vf operatian and collec�ian attorneys' fees,to any indebtedness secured by this I�eed
<br /> of Trus�, aF� in such order as L�nder may defiermine. The �nt�ring upon and taking passession �� the
<br /> Property, the callect�on ❑t such ren�s, issues and profits, and fihe applicafiion fihereaf shall no� cure vr
<br /> wai�e any default o� no�ice of default under�his Deed af T�-ust or in�alidate any ac�done in response to
<br /> such defaul�or pursuant tv such no�ice of defaul�; and, notwithstanding the continuance in possessivn❑f
<br /> the Praperty or fihe collectivn, receipt and applica�ion af ren�ts, issues ar prvti�s, Trustee �r Lender sha�l
<br /> be entitled �o exer�ise e�ery right pra�ided for in�he Note or the Related Documents or by law upan �he
<br /> vccurreri�e of any e�en�af default, inc�ud�ng the right to exer�ise the power❑f sal�;
<br /> �b� Commence an ac�Ean to foreclose#his Deed of Trust as a mortgage, appoin�a recei�er or speci�ica�[y
<br /> enforce any o�the co�enanfis hereo�; and
<br /> �c� Deli�er�o Trustee a wri��en declara�ian o�de�fau[t and demand far sale and a wri��en notice ❑f de�auf�
<br /> and election�❑ cause Trustor's infieres�in the Property�o �e svld, which notic�Trustee shalE cause�v be
<br /> duly filed�a�-rec�rd in�he app�-opria�ke o��ices of the Cvunfiy in which fihe Property is loca�ed; and
<br /> �d� With respect to all or any part o��he Personal Prvperty, Lender shall ha�e all the rights and remedi�s
<br /> of a secured party under the Nehraska LJni�vrm Commercia[ Code.
<br /> Foreclosure hy Pvwer of 5ale. I�Lender e�ects t�forecEose by exercise of the Pvwer❑�5ale herein c�n�ained,
<br /> Lender shall natE�y Trus�ee and shal[ deposit with Trustee this Deed of Trust and �he No�e and such receipts
<br /> and e�idence o�expenditures made and secured by�his ❑eed of Trus�as Trustee may require,
<br /> �a} Upon receipt o-�such notice�rom Lender,Trustee shall cause�o be recorded, published and del��ered
<br /> �❑ Trus�or such Notice ❑# ❑e�ault and Nv��c� �� 5ale as then required by faw and by thts Deed of Trust.
<br /> Trustee shalf, withvufi demand on Trus�or, a�er such �ime as may �h�n �e required by law and after
<br /> recardativn ❑�such No�i�e af ❑efaul� and af�er Notice af Safe ha�ing been gi�en as �-equired by law, seli
<br /> �he Property a� the �ime and place of sale �ixed by it in such Notice �f 5ale, ei�her as a whole, or in
<br /> sepa�-ate [ots vr parcels vr items as Trus�ee shall deem expedient, and in such orde�-as it may de�erming,
<br /> at public auctivn�❑ the highest bidder�or cash in lawful money af�he United States payable at the t�me
<br /> of sal�. T�ustee shall deli�er �❑ such purchaser or purchasers �here�f i�s good and su��icienfi deed or
<br /> deeds con�eying the prvperty s❑ sold, but wi�hvu� any co�enant or warran�y, express ar implied. The
<br /> recitals in such deed of any ma��ers or fac�s shall be conclusi�e proof of the truthfulness therevf. Any
<br /> person, including w�thout limitativn Trustar,Trustee, vr Lender-, may pur�hase at such sale.
<br /> 4b} As may be permit�ed by law, af�ke�- deduc�ing a!I casts, �ees and expenses o� Trustee and o� this
<br /> Trus�, inc[uding cvsts o�e�idence af ti��e in connecfiion wifih sale,Trus�ee shali apply the p�roc�eds o�sa�e
<br /> tv payment❑fi �i� all sums expended under the terms ❑f this Deed of Trust or unde�-the�erms of the Note
<br /> not then repaid, in�luding bu� not �imited t❑ accrued interest and la�e �harges, �ii} all o�her sums �hen
<br /> secured hereby, and �iii}�he rema�nder, if anyr t❑�he person�r persons legally enti�led thereta.
<br /> {cy Trustee may in�he manner provided by law pvstpone sale of all or any por�ion❑f the Property.
<br /> Remedies No# Exciusive. Trus�ee and Lender, and each ❑f fihem, shall he entitled tv en�orce paymen� and
<br /> performan�e o�any indebfiedness vr obligations se�ured by this Deed af Trust and t❑ exercis� all ri�h�s and p�wers
<br /> under this Deed ��Trus�, under�he Note, under any ❑f the ReEa�ed aacuments, or under any ❑ther agreement ❑r
<br /> any laws now or hereafter in farce; notw�thstanding, svme or all o�such indebtedness and ❑bliga�ions secured by
<br /> this ❑eed ��Trust may now or hereafker be o�herwise secured, whether by mortgage, deed of�rust, pledge, lien, ,
<br /> assignmen� ar vfiherwise. Neither �he acceptance ❑f this Deed ❑f Trust nvr its en�orcemenfi, whe�her by caurt
<br /> actton vr pursuant ta the power vf sale vr ather powers confiained in this ❑eed of Trust, shall pre�udice ❑r in any
<br /> manner affec� Trustee's or Lender's righ� to reali�e upon or enfar�e any other securifiy now ❑r hereafter held by
<br /> Trustee ❑r Lender, it being agreed�hafi Trust�e and Lender, and each vf them, shaf l be entitled t❑enforce this Deed
<br /> o�Trusfi and any other security n�w ❑r hereafter held l�y Lender vr Trustee in such order and manner as �hey ar
<br /> either of�hem may in their absoiute discretivn de�ermine. Na remedy con�erred upvn �r reser�ed �❑ Trus�ee or
<br /> Lender, is intended ta be exclusi�e vf any❑ther remedy in this ❑eed ❑f Trust❑r by 1aw provided or permitted, bu�
<br /> ea�h shai! be cumulati�e and shaEE be in additian ta every vther remedy given in this Deed a�f Trus�t o�- naw ❑r
<br /> hereafter existing at law�r in equi�y or by sta�tute. E�ery power❑r remedy given by the Nvte or any❑f#he Rela�ed
<br /> Documen�s to Trustee vr Lender ❑r to which eifihe� o� �hem may be o�herwise entitled, may be exercised,
<br /> �on�urren�ly or independen�ly, from �ime�o�ime and as of�en as may be deemed expedien� by Trus�ee or Lender,
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