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2� 1 �� 14�5 DEED �F TRUST Loan Na: 'I��9369� t��nt�nue��} Page 7 Adverse Change. A material adverse change occurs in Borrawer's or� Trustor's financiaf condi�ion. or L�nder helie�es the prospe�t of paymen�or p�rtormance v��he fndehtedness is impaired. Insecur�ty. Lender in good�aith belie�es �tself insecure. Existing lndebtedness. The payment of any instaf[ment ❑�principal or any interest on the Existing [ndebtedness is not made w�thin the time requir�d by#he promissory no�e e�idencing such indehtedness, ar a defau[t occu�s under the ins�rument securing such indebtedness and is not cured c�uring any applicable grace period in such instrumen�, o�-any sui�o�❑ther action is cvmmenced to#areclose any existing lien on the Property. Right ta Cure. I�any de�ault, ❑�her fihan a default in paymen�, �s curabEe and if Trustvr has nvt been gi�en a notice af a breach❑f the same provision of th�s Deed of Trust wi�h�n the preceding twel�e ��2} months, it may be cured i� Trustar, a�-ter L�nder sends written nafiice to Borrower demanding �ure of such defaul�: t�} cures �he default w�thin fi#�een {�5} days; or �2} i�the cure requires mvre than fifteen ��5y days, immediately inifiiates steps which Lender deems in Lender's sole discretian to be sufficien� t❑ cure the de�au[t and thereafter continues and compfe#es ail reasvnab�e and necessary steps suf�icient tv p�aduce�ompiiance as soon as reasanably practicaf. RI�HTS AND REMEDIES �N DEFAULT. 1�an Event of❑e�aul�accurs under�his ❑�ed of T�ust, at any time thereafter� Trustee or Lender may exercise any one or more of the fa[lowing righ�s and remedies: Accelera#ivn Upan Default; AdditionaI Remedies. f#any E�ent of Default❑ccurs as per the terms v#the Note secured herebyr Lender may decEare a[� Indehtedness se�u�-ed by thEs Deed v�T�-ust�a �e due and payable and the same shail#hereupon become due and payable withaut any presentment, demand, pratest flr nvtic�of any kind. Thereaf�er. Lender may: {a} Ei�her in person or by agent. with vr without bringing any ac�ion or proceeding� ar by a rece��er appoin�ed by a cvurt and without regard ta the adequaGy a��s security, enter upon and take possession of the Prvperty, ar any par�thereo�, tn Ets own nam� or in the name vf Trustee, and da any acts wh�ch it deems necessary ar desirable fiv preser�e the r�alue, marketahili�ty or rentabi�i�y❑�the Property, or part o# the Property nr interest in the Praperty; increase th� income frvm the Prvperty or protect the securi�y ❑fi the Property; and. with or wi�hout taking possessi�n of the Prope�ty, sue �or or �therwise co�lect the ren�s, issues and prflfits of the Property, in�f uding �thvse past due and unpaid� and apply fihe same, �ess cvsts and expenses o�vperatEan and cof�ec�ion attorneys` �ees,to any�ndebtedness secured hy this fleed �f Trust, a!I in such ❑rder as Lender may determine. The entering upon and taking possession ❑f the P�operty, �he co�l�ctivn n� such �en�s, issues and pr�fEts, and �he application thereaf shall not cur� �r wai�e any defauft or notice v�default under this D�ed o�Trust or in�a�idate any act done in response �a such default vr pursuant t❑ such notice of de�aul�; and, notwithstanding the cvntinuance in passession ❑f the Prvperty or fihe collectivn, receipt and app[icati�n ❑� �ents, issues ar pra�its, Trus�Cee vr Lender shall be enti�led ta exerc�se every right pro�ided �or in the Note or�he Related ❑acuments vr by law upvn the occurrence af any e�ent v�default, inc�uding fihe rigl�t ta exer�ise fihe pvwer o�sale; {b} Commen�e an action�a tvreclvse�his Deed a�Trust as a mortgage, appaint a recei�er❑r specifically enforce any of the co�enants hereaf; and tc} De�i�er to Trustee a writrten declaration ❑f de�ault and demand for sale and a written notice vf de�au[t and eiection to cause Trustor's interes�in�he Property fia be said, whEch natice Trus�ee sha�f cause ta be dufy�iied for record in the appropriate o�#ices❑f the Goun�y in whi�h the Prop�rty is ��ca�ed; and {d} Vllith respect to aI[ ❑r any par#af the PersvnaE F'raperty, Lender sha�f ha�e all �he r�gh�s and remedies of a secured party under the Nebraska Uni#vrm Commercia[ Cnde. Foreclosure by Pvwer of Sale. l�Lende�e�ec�s ta fareclase by exercise o�the Pvwe�r o�Sale hereEn cvntained, L�nder shall no�i�Fy Trus�ee and sha11 deposit with Trustee this ❑eed of Trust and the Note and such receipts and e�idence❑f expenditures made and secur�d by thEs ❑eed of Trust as Trustee may requi�e. {aj Upon receipt of such notice fram Lender,Trus�ee shai! cause tv be recorded, published and deliv��ed to Trustvr such Notice of De#ault and Notice n� Sa1e as then required by law anal by this Deed of Trust. Trustee sha[f. wi#haut demand on Trusta�, afte� such time as may then be �equired by Iaw and after recordati�n ❑�such Nvtice a� D�faul� and after Notice o� 5ale having been gi�en as �equired by law, se!! the Property at the t�me and p[ace a� sale fixed by Et in such Notice a� Sa[e, either as a whole, or in separate Iots or parcels or items as Trus�e� shai! deem expedient, and in such order as it may determine, a� pub�ic auc�ion tfl fihe highest bidd�r fnr cash in E�w�ui maney o��he United 5tates payabie a�the time of sa�e. Trus�ee shall de�i�er to such pur�haser ❑r purchasers there�f its good and sufficient deed vr deeds can�eying th� property so so1d� but wi�hou� any cov�nant ar warran�y� express ar impiied. The recitals in such deed vf any matters ❑r facts shafl be cvnc[usi�e prflvf of fihe firuthfulness #h�reof. Any personr inc�uding without limitation Trus�vr,Trustee, vr Lende�� may purGhase at such sa�e. �b� As may he permitted by Eaw, a#ter deduc�ing a!I C�5t5r �Fe�s and expens�s �f Trustee and ❑f this Trust, including costs vf e�idence❑t title in connection wi�h saie,Trustee shall app�y�he pr�ceeds vf sale to paymen�❑f �i} al1 sums expended under#he terms vf this Deed vf Trus�❑r under�he terms of the No�e nat then repaidf inc�uding but not l�mited to accrued interest and late charges, {iij alf other sums then secured hereby, and 4iii}the remainder, if any, ta the persvn or persons [�gally�ntifiled there�a.