2� 1 �� 1541
<br /> ���� �� �����
<br /> ���� ��: ��������� ����t�r����� ���� �
<br /> deems ne�essary �r d�sir�b�e to preserWe the�alu�, mar�cel:ability or rentak�ili�y o�the Property, ar par�of
<br /> the Praperty ❑r int�res� in fihe Pr�per-�y; increase �he inc�me -From fhe PiAaperty ar protect�he �ecurify af
<br /> the Proper�y; and, w�th ❑r without �a��ing possessiQn of the Praper-�y, sue far or afi}�erwise co�lec� the
<br /> renfis, issues and pro-�i-�s of the Proper�y, inciuding fihose past due and unpa�d, �nd appfy �he same, ��ss
<br /> costs and expenses of❑p�ra�tion and cal�ect�on at�a�neys' fees, ta any indebtedness secured �y�his Deed
<br /> o� Trust, all in such arder as Lender may de�ermine. Ti�e ent�ring up�n and taking possession o� �the
<br /> Proper�y, �he co{lec�ion ofi such rents, fS5Ll�5 and prafits, and tl�e appfi�a�ion th�re�f shall n�t cure flr
<br /> wai�re any deiault or i-�otEce o-�defaul� under this Deed af Trust ar it��alidate any act d�ne in respanse to
<br /> such defauf�t or pursuant to such notice of de-Fault; and, no�withs�anding�h� cantinuance in possession of
<br /> �he �roper�y ar �1�e c�Ilec�ion, receipt and appli�a�ian of ren�s, issues or pro�Fi�s, Trustee or Lender shail
<br /> be �ntitled to �xercise e�e�y righ� pr��ided fQr in the Note or�he Reiated ❑acumen�s ar by �aw upan the
<br /> occurrence o�any e�ent a�F de�aul�t, inc�uding fih� right ta exercis�th� pow�r of sale;
<br /> 4b} CammenGe an ac�ion to �orecfo�e this Deed o�Trus�as a martgager appoint a recei�er ar specifically
<br /> enfQrce any of the co�enants hereof, and
<br /> �c� Deliv�r to Trus�ee a writ�en declaratian �f default and demand f�r sale and a written notice a-�defaul�t
<br /> and election to cause Trus�or's inte�es�in the Pr�perty to be solc�, which notice Trust�e s1�a11 cause�o �e
<br /> du�y fi�ed for record.in the appropri�te a��ices of the Coun�y �n which the Properfiy�s [ocated; and
<br /> {d} Vllith respec�to al� or any part of the Persanai Property, L�nde�shal! ha�e alf �h� rights and r�i�edies
<br /> of a secur��d party unde�the N�braslca Un�form �ommercial �ode.
<br /> Foreclosure �ay I�awer of�ale. �f Lender ei�cts to forecl�se �y�x��cise a��he Pow�r af Saie h�rein can�ained,
<br /> L�nder shal� na�i-�y Trustee and shali deposi� wi�h Trus�ee this Deed ❑�Trus� and the Note and such receipts
<br /> and e�idence o��xpenditures made and secured by�l�is Deed a�Trust as Tru�tee may require.
<br /> tay Up�n recei�t�f sucl� notice fram Lender, Trustee sha�l cause to be recorded, published and defi�ered
<br /> t❑ Trustar such Natice ofi Defauft and Natice of Sai� as then required by law and by�:his Qeed of Trust.
<br /> Trustee sha11, without demand on Trustor, after sucl� time as may then be required by �aw and after
<br /> re�ordation of such Notice �f Default and aft�r No�ice o-� Sale ha��ng be�n given as r��uired by law, self
<br /> the Proper�ty at ���e �im� and ��ace of sale fixed �y Et in such Notice of 5ale, �ifiher as a whale, or in
<br /> separa�e lots or parcels or items as Trustee shall deem exp�dient, and in such arder as i�may de�ermine,
<br /> at publ�c au�tion -�o �the high�st i�idder for cash in law�ul money of the Uni�ed S�a�:es payabfe at�he �ime
<br /> �f sale. Trustee shafl de�iver �o such purchaser o� purchas�rs �hereo� its good and suf�icien� deed ar
<br /> deeds con�eying the properl:y so s�1d, hut wi�hflu� any ca�en�n� Qr warran�y, express or impf�ed, Th�
<br /> recitals in such deed af any mafi�ers or facts sha11 �e canclusive praof of 1:he t�u�h�ulness thereof. Any
<br /> person, inciuding witl��u�t{imitation Trusfior, Trusteef nr Lender, may purchase at su�h sale.
<br /> tb7 As may be permitted by �aw, a��ter deduc�ing a�l costs, fees and ��penses o�f Trus��e and o� this
<br /> Trust, includin� costs af e�idence af�itle in connectian with sa[e,Trus�ee shall apply tl�e proGeeds o�sale
<br /> �o payment�f �iy all sums expended under���e t�rms of this Deed af Trust or under the terms a�the N�te
<br /> no-t then repaid, incSuding but not fimi��d �o accrued interes� and la�e charges, tiiy all o�her sums then
<br /> secured hereby, and ��ii} -�he rema�nder, if any, �o�he persan a�p�rsons legally entEtled there�o.
<br /> {c} Trustee may in the manner provided by faw pos�pone sale ❑f aEl or any partian of the Pr�per�y.
<br /> �emed�es IV�� �xclusive. Trus�e� and Lender, and ea�h o� them, sha11 �e entitled �o enforce paymen� and
<br /> per�ormance of any indebfedness or obliga�Eons secur�d by�his Deed of Trus�and �o �xercise a![ r�ghi:s and paw�rs
<br /> under �his Deed o� Trust, under �-he No�:e, under any af �he Related Documents, or under any o�her agreement or
<br /> any lavvs n�w or herea�ter in farce; no�withs�anding, s�me or a�l o�such ind��tedness and abligations secur�d by
<br /> this Deed ❑f Trust m�y now �r hereaf�e� be �therwise secured, vvhether by m�r�gage, deed af�rus�, pi��ge, lisn,
<br /> ��si�nmen� or otherwise, hlei�h�r �:he acceptance af �this deed of Trust nar i�s enforc�ment, whether by cour�
<br /> action or pursuan� �o the pow�r of sale ar other powers can�ained in �his Deed of Trus�, shall pr�judice ar in �ny
<br /> manner af-�ec� Trustee's ❑r Lender's righ� to realize up�n ar �ni�rce any ather security naw ar herea�ter held by
<br /> Trustee ❑r Lender, it being agreed that Trustee and Lender, and each of�hem, shafl be entitled to enfar�e this a�ed
<br /> af Trus� and any other securi�y now or herea��er held by Lender ❑r Trustee in such arde�- and manner as they or
<br /> either af them may in their absalu�e discre�ian d��ermine. No remedy can�erred upan o� reserWed to Trus�ee �r
<br /> Lei�der, is in��nded to be ex�lusi�e of any o�h�r remedy En this ❑�ed of Trust or by law pro�ided or permitted, bu�
<br /> each sha�! be cumu�a�ive and sl-�al! be in additian to eWery �t��er remed� g��en in �his Deed of Trus� or naw or
<br /> hereafter existing at law �r in equi�y❑r�y statute. E�ery pQwer or remedy gEWen by the Note or any o�the Refa�ed
<br /> ��cuments to Truste� o� Lender ar ta which ei�her o� them �r�ay be oth�rwise entitled, may be exerc�sed,
<br /> cancurr�n�ly ❑r independen�ly, fi•om tErne �o tim� and as often as may be deemed expedien� hy Trus��e or Lender,
<br /> and either o� �hem may �aursue in�ansis�enfi remedies. IVothing in �his C3eed �f Trus� shall be cons�rued as
<br /> pro��ibiting L�nder �rom se�king a de�Ficiency judgment against�he Trust�r to�he ex�ent such a�tian �s permitted by
<br /> law. E�ec�ion by Lender ta pursue any rem�dy sha�l no� exclude pursui� of any o�h�r remedy, and an elec��an to
<br /> malc� expenditures or ta tak.e ac�iQn �a peri�rm an obligatian �f Trustor under this Deed o� Trust, a�ter Trustar's
<br /> fai�ure�❑ perfarm, s}-�alf nat a�fect Lender`s right t❑decf�re a de�ault and exercise its remedies.
<br /> Re�uesfi#�r Na�iGe. Trustor, on beha�f o�Trus�or and Lender, herehy re�uests that a �opy o�any Nati�e of Defaul�
<br /> and a copy o�any No�Ece of Sal� under 1:his Deed of Trus� �e mai[�d �o fihem at the addresses se�; for-�h �n�he firs�
<br />
|