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<br />to the expiration of this period, Beneficiary may invoke any remedies permitted by this Security Instrument
<br />without further notice or demand on Trustor.
<br />13. EVENTS OF DEFAULT. Any of the following events shall be deemed an event of
<br />default hereunder:
<br />a. Trustor shall have failed to make payment of any installment of interest,
<br />principal, or principal and interest or any other sum secured hereby when due; or
<br />b. There has occurred a breach of or default under any term, covenant, agreement,
<br />condition, provision, representation or warranty contained in any of the Loan Instruments.
<br />14. ACCELERATION; REMEDIES. Beneficiary shall give notice of default to Trustor
<br />prior to acceleration following Trustor's breach of any covenant or agreement in this Trust Deed in accordance
<br />with the requirements of the Nebraska Trust Deed Act. If the default is not cured on or before the date specified
<br />in the notice, Beneficiary at its option may require immediate payment in full of all sums secured by this Security
<br />Instrument without further demand and may invoke the power of sale and exercise all other rights and remedies
<br />permitted by applicable law. Trustor shall be entitled to collect all expenses incurred in pursuing the remedies
<br />provided in this paragraph, including, but not limited to, reasonable attorney's fees and costs of title evidence.
<br />If power of sale is invoked, Trustee shall give public notice of sale to the persons and in the manner prescribed
<br />by applicable law. Trustee, without demand on Trustor, shall sell the Property at public auction to the highest
<br />bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in
<br />any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public
<br />announcement at the time and place of any previously scheduled sale. Beneficiary or its designee may purchase
<br />the Property at any sale. Upon receipt of payment of the price bid, "Trustee shall deliver to the purchaser
<br />Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the
<br />truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to
<br />all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable
<br />attorney's fees; (b) to all sums secured by this Security Instrument; (c) to junior lienholders; and (d) any excess
<br />to the person or persons legally entitled to it.
<br />15. ASSIGNMENT OF RENTS. As additional security, Trustor hereby assigns to
<br />Beneficiary the rents of the Property, provided that Trustor shall, prior to acceleration hereunder or abandonment
<br />of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration
<br />as provided herein or abandonment of the Property, Beneficiary (in person, by agent or by judicially appointed
<br />receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of
<br />the Property including those past due. Any rents collected by Beneficiary or the receiver shall be applied first
<br />to payment of the costs of management of the Property and collection of rents, including, but not limited to,
<br />receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by
<br />this Security Instrument.
<br />16. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall be
<br />entitled to enforce payment and performance of any indebtedness or obligations secured hereby and to exercise
<br />all rights and powers under this Deed of Trust or under any Loan Instrument or other agreement or any laws now
<br />or hereafter in force, notwithstanding some or all of the such indebtedness and obligations secured hereby may
<br />now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise.
<br />Neither the acceptance of this Deed of Trust nor its enforcement whether by court action or pursuant to the power
<br />of sale or other powers herein contained, shall prejudice or in any manner affect Trustee's or Beneficiary's right
<br />to realize upon or enforce any other security now or hereafter held by Trustee or Beneficiary, it being agreed that
<br />Trustee and Beneficiary, and each of them, shall be entitled to enforce this Deed of Trust and any other security
<br />now or hereafter held by Beneficiary or Trustee in such order and manner as they or either of them may in their
<br />absolute discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended
<br />to be exclusive of any other remedy herein or by law provided or penmitted, but each shall be cumulative and
<br />shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by
<br />statute. Every power or remedy given by any of the Loan Instruments to Trustee or Beneficiary or to which
<br />either of them may be otherwise entitled, may be exercised, concurrently or independently, from time to time and
<br />as often as may be deemed expedient by Trustee or Beneficiary and either or them may pursue inconsistent
<br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency judgment
<br />against the Trustor to the extent such action is permitted by law.
<br />17. FIXTURE, FILING. To the extent that improvements and Property constitute fixtures,
<br />this instrument shall be filed in the real estate records of the County of the location of the Property and be
<br />deemed a fixture filing.
<br />18. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the State
<br />of Nebraska. In the event that any provisions or clause of any of the Loan Instruments conflicts with applicable
<br />laws, such conflicts shall not affect other provisions of such Loan Instruments which can be given effect without
<br />the conflicting provision, and to this end the provisions of the Loan Instruments are declared to be severable.
<br />1 his instrument cannot be waived, changed, discharged or terminated orally, but only by an instrument in writing
<br />signed by the party against whom enforcement of any waiver, change, discharge or termination is sought.
<br />3
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