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� � 2� 1 ���572
<br /> DEED �F TRUST
<br /> L�an N�: 7�'1�9�'I 39 �Corltirlued� Pa�e 7
<br /> or any suit or other action is commenced to foreclose any existing IEen on the Property.
<br /> Right to Cure. If any default, other than a default in payment, is curable and if Trustor has not been gi�en a notice
<br /> of a breach of the same pro�ision of this Deed of Trust within the preceding twel�e t�2f months, it may be cured if
<br /> Trustor, after Lender sends written notice to Borrower demanding cure of such defau�t: t�f cures the default
<br /> within fifteen t�5y days; or t2f if the cure requires more than fifteen t�5f days, immediately initiates steps which
<br /> Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and
<br /> completes al! reasonable and necessary steps sufficient to produce comp�iance as soon as reasonabfy practical.
<br /> R1GHT5 AND REMEDIES �N DEFAULT. If an E�ent of Default occurs under this Deed of Trust, at any time thereafter,
<br /> Trustee or Lender may exercise any one or more of the following rights and remedies:
<br /> A�celeration Upon De�ault: Additional Remedies. �f any E�ent of Defau�t occurs as per the terms of the Note
<br /> secured hereby, Lender may dec�are all Indebtedness secured by this Deed of Trust to be due and payabfe and
<br /> the same shal! thereupon become due and payab�e without any presentment, demand or protest of any kind.
<br /> Thereafter, Lender may:
<br /> tay Either in person or by agent, with or without bringing any action or proceeding, or by a recei�er
<br /> appointed by a court and without regard to the adequacy of its security, enter upon and take possession
<br /> of the Property, or any part thereof, in its own name or in the name of Trustee, and do any acts which it
<br /> deems necessary or desirable to preser�e the Ualue, marketability or rentability of the Property, or part of
<br /> �he Property or interest in the Property; increase the income from the Property or protect the security of
<br /> the Property; and, with or without taking posses�sion of the Property, sue for or otherwise coilect the
<br /> rents, issues and profits of the Property, �ncluding those past due and unpaid, and apply the same, fess
<br /> costs and expenses of operation and col[ection attorneys' fees,to any indebtedness secured by thEs Deed
<br /> of Trust, aff in such order as Lender may determine. The entering upon and tak�ng possessEon of the
<br /> Property, the collection of such rents, issues and profits, and the application thereof shaff no� cure or
<br /> wai�e any default or notice of default under this Deed of Trust or in�alEdate any act done �n response to
<br /> such default or pursuant to such notice of default; and, notwithstanding the continuance in possession of
<br /> the Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender shall
<br /> be entitied to exercise e�ery right pro��ded for in the Note or the Related Documents or by law upon the
<br /> occurrence of any e�ent of default, including the right to exercise the power of sale;
<br /> �bf Commence an action to foreclose this Deed of Trust as a mortgage, appoint a recei�er or specifically
<br /> enforce any of the co�enants hereof; and
<br /> {c� Defi�er to Trustee a written declaration of default and demand for sale and a written not�ce of default
<br /> and election to cause Trustor`s interest in the �roperty to be so�d, which notice Trustee sha�f cause to be
<br /> duly fifed for record in the appropriate offices of the County in which the Property is Iocated; and
<br /> tdf With respect to all or any part of the Personal Property, Lender shall ha�e al! the rights and remedies
<br /> of a secured party under the Nebraska Uniform Commercia! Code.
<br /> Fore�losure by Power o�5ale. If Lender efects to foreclose by exercise of the Power of Sale herein contained,
<br /> Lender shall not�fy Trustee and shafl deposit with Trustee this Deed of Trust and the Note and such receipts
<br /> and e�idence of expenditures made and secured by this Deed of Trust as Trustee may require.
<br /> ta� Upon receipt of such notice from Lender, Trus�ee shall cause�o be recorded, published and deli�ered
<br /> to Trustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust.
<br /> Trustee shaff, w�thout demand on Trustor, after such time as may then be required by law and after
<br /> recordation of such Notice of Default and after Not�ce of Sale ha�ing been gi�en as required by law, sell
<br /> the Property at the time and place of sa�e fixed by it in such Not�ce of Safe, either as a whole, or in
<br /> separate Iots or parcels or items as Trustee shall deem expedient, and in such order as it may determine,
<br /> at public auction to the highest bidder for cash in lawful money of the United Sta�es payable at the time
<br /> of sale. Trustee shall de���er to such purchaser or purchasers thereof its good and suffEcient deed or
<br /> deeds con�eying the property so sold, but without any co�enant or warranty, express or implied. The
<br /> recitals in such deed of any ma�ters or fac�s shall be conciusi�e proof of the truthfulness thereof. Any
<br /> person, including without limita�ion Trustor,Trus�ee, or Lender, may purchase at such sale.
<br /> tbf As may be permitted by law, after deducting al! costs, fees and expenses of Trus�ee and of this
<br /> Trust, including costs of e�idence of title in connection with sale,Trustee shall appiy the proceeds of safe
<br /> to payment of tiy alf sums expended under the terms of this Deed of Trust or under the terms of the Note
<br /> not then repaid, including but not limited to accrued �nterest and late charges, tiif all other sums then
<br /> secured hereby, and tiiif the remainder, if any, to the person ar persons legally entftled thereto.
<br /> tcf Trustee may in the manner pro�ided by law postpone sale of all or any portion of the Property,
<br /> Remedies Not Ex�lusi�e, Trustee and Lender, and each of them, shall be entitled to enforce payment and
<br /> perfarmance of any indebtedness or obligations secured by th�s Deed of Trust and to exercise all rights and powers
<br /> under this Deed af Trust, under the Note, under any of the Related Documents, ar under any ather agreement or
<br /> any laws now or hereafter in force; notwithstanding, some or aff of such indebtedness and obligations secured by
<br /> this Deed of Trust may now or hereafter be otherwise secured, whether by martgage, deed af trust, pledge, lien,
<br /> assignmen� or otherwise. Ne�ther the acceptance af �h�s Deed af Trus� nor i�s enforcement, whether by caurt
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