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I <br /> I <br />� <br />' 2� 1 �� 1 �83 <br /> �EED �F TRUST <br />� Loan Nv: '�D�2942�5 tC�ntinued} Pags 7 <br />� <br />, <br />� appvinted by a court and wi�haut regard�v the adequacy o�i�s securifiy, ente�- upon and take possession <br />� <br />: of�he Property, ar any par�thereafi, in its ❑wn name ❑r in the name o-�Trustee, and do any acts which ifi <br /> deems necessary ar desirable�o preser�e the�alue, marke�abili�y ❑r rentabili�y❑f�he Praper�y, or part of <br /> the Praperfiy or interest in the Property; increase the income �f�om the Proper�y or prote�t�he securi�y of <br />; the Property; and, with or wi�hout taking passessian of �he Proper�ty, sue �or ar ❑�herwise coffect the <br /> i rents, issues and pro�its ❑f�h� P�-oper�y, including thos� past due and unpaid, and apply fih� sam�, less <br />: cvsfis and expenses of❑peration and �oljection attorneys' fees,�a any indeb�edness secured hy�his Deed <br />� vf Trus�, all in such order as Lender may determine. The enter-ing upvn and �aking possessivn of the <br />� Proper�y, fihe cvllection af such rents, issues and profits, and �he app�ica�ion thereof shall no� cure ar <br /> wai�e any default or no�ki�e ❑�defaul� under thFs Deed ❑f Trust❑r inva��da�e any ac�dan� in respanse�❑ <br />; such de�ault vr pursuant�❑ such no�ice o�default; and, no�withs�anding�he con�inuance in p�ssession af <br />; �he Proper�y or�he collection, receipt and app#ication vf rents, issues ar pro�its, Trustee �r Lender shall <br />� be entit�ed to exercise every right prv�ided for �n the N�te or�he Rela�ed Dvcumen�s ar by [aw upon the <br />� ❑c�urrence vf any e�ent of de�auft, in�luding�he righ��❑ exercise the power o�sale; <br />' �b} Commence an action to foreclose�his ❑eed of Trus� as a mor�gage, appvin� a receiver or specifically <br />� �nforc� any❑�the co�enan�s herea�; and <br /> {c� I�eli�er tv Trustee a writ�en d�claration ❑f de�au�t and demand for sale and a written no�iGe of defaul� <br /> and efec�ion to cause Trus�ar's in�erest in�he P�-operty�o be sold, which nv�kice Trustee shall cause to be <br />, duly�Filed far recvrd in fihe apprapr�ate offi�es of the Coun�y in which�he Property is laca�ed; and <br />� <br /> {d} With respec�ta a[I ❑r any part of�he Personal Praperty, Lender shall ha�e al[the rights and remedies <br /> af a secur�d party under�he Nebraska Uniform Commercial Cade. <br /> Fvre�losure by Pvwer of Sale. ��F Lender ele��s�o torec[vse by exercise o��he Power o�Sale here�n �ontained, <br /> Lender shall no�ify Truste� and sha�� deposit with Trustee this Deed o�Trust and the No�e and such receipts <br /> and e�idence❑f expenditures made and secured hy this ❑eed vf T�-ust as Trus�ee may require. <br /> {a} L]pvn r-eceipt vf such no�ice�rvm Lender, Trus�ee shall cause to be recorded, published and deli�ered <br /> to Trustor such Na�ice of De�fauft and Nofiice o� Sale as �hen �equired by law and by�his Deed af Trust. <br />� Trus�ee shall, wi�hvut demand vn Trustor, after such �k�me as may then b� r�quired hy law and af�er <br /> re�ordation of such No�ice ❑� ❑efaul� and after Notice ❑�f Sale ha�ing been giWen as required by law� sell <br /> �he Proper�y at �he time�and pf ac� ❑f sale fix�d by ifi €n such No�ice of Sale, either as a whale, or in <br /> s�parafie I��s or par�els ❑r ifiems as Trusfiee sha�l deem expedien�, and in such ❑rder as it may de�te�mine, <br /> at publi� aucfiivn tv fhe highes� bidder fvr cash in fawful mon�y o��he Uni�ed States payable at the time <br /> af sale. Trus�ee shall deli�er �❑ such pur�haser ❑r purchase�s therev� its good and suffic��n� deed or <br />� deeds con�eying the prop�r�y sa sald, bu� wi�hvu� any caWenan� ar warranty, express ar implied. The <br />� recitals in such deed.o� any ma��ers or �ac�s shall be conclus€ve prao-� of�th� firuthfulness thereof. Any <br /> pers�n, including wi�hout limi�a�ion Trustor,Trustee, or Lender, may pu�-chase a�such sale. <br />� {}�} As may be permitted by law, a-f-ker deduc�ing all costs, fees and expenses vf Trusfiee and of �his <br /> Trus�, incfuding casts ot e�idence of fiit�e in cannection with sale,Trus�ee shall appiy�he proceeds of sale <br />; �o paymenfi af �i} ali sums expended under fihe terms of�his Deed vf Trust ar under�he�erms of�he Note <br />; <br /> no� �hen repaid, inc�uding but no� limited to accrued interes� and la�e charges, �ii} all ofihe� sums then <br />: secured hereby, and �iii}the remainder, i�any,�o fihe person v�-persvns lega�ly entitled�hereto. <br /> �c� Trus�ee may in the manner proWided by law pvs�pone sa�e o�all ar any portion❑f�he P��perty. <br /> Remedies Not Ex�lusive. Trustee and Lender, and each ❑� them, shall pe en�itled �a enfar�e payment and � <br /> performance ❑�F any ind�btedness vr obli�a�ians secured hy fihis Deed��Trust and to�exercise all rights and powers <br /> under this ❑eed of Trust, under�he N��e, under any ❑f the Re�ated Docum�nts, ar under any ather agreement or <br />; any lavvs now ❑r hereafter in force; no�wi�hstand�ng, some or all ❑f such indei��edness and �bliga�ivns secured by <br /> �his �eed of Trust may now or herea�f-�er be v�herwise secured, whether �y mo�tgage, deed of�rust, pledge, lien, <br />; assignment ar atherwise. Neither the acceptance ❑f �his Deed of Trust nor i�s enforcement, whe�her by court <br /> action or pursuan��o �he pawer of sa�e ❑r ❑�her powers contained in this Deed v�Trust, shall pre�udice �r in any <br />� manner af�ect Trustee's ❑r Lender's right to reali�e upan o�- enforce any �ther securi�y now or hereafter held by <br />� Trus�ee or Lende�-, it being agreed that Trus�ee and Lender� and each❑f them, sha�� be en�i'tled to en�vr�e this ❑eed <br />' o�T�us� and any ❑�her securi�y now or hereaf�er hefd by Lender ❑r Trustee in such arder- and manner as �hey ar <br />� eFther v�F �hem may in their absolute dis�refiion determine: Nv remedy con�erred upon ❑r reserved t❑ Trustee or ' <br />� Lender, 3s intended to �e exclusi�e of any�ther remedy in�his Deed a�Trust or by la`nr pro�ided or permit�ed, bu� <br /> each sha�i be �umulati�e and shaZ� be �n addition �t� e�ery ❑ther remedy given in this �eed of Trus� ❑r naw ar <br />� he�ea��er exist;n a�law ❑r in e ui� ❑r b sta�u�e. E�er ower ar�-emed r�en b the Note vr an ❑f�he Related <br /> 9 q Y Y YP Y9� Y Y <br /> ❑ocumen�s t❑ Trustee or Lender ❑r to v+rhich either a� �hem may be otherw�se entit�ed, may b� exer�ised, <br /> con�urren�ly or independently, fram �ime�o �ime and as of�en as may �e d�emed expedient by Trustee or Lender, <br />' and eithe� af �hem may pursue inconsis�en� remedies. Nv�hing in �his Deed of Trust shal� he cans�rued as <br />� prahibi�ing Lender fram seeking a de�iciency judgm�nt against the Trusfior tv the exten�such action is pe�mit�ed by <br />� law. E�ectian by Lender tv pu�sue any remedy shaf� nat exclude pursui�k of any other remedy, and an elec�ion to <br />� <br />, make expendi�ures or �❑ �ake ac�ian to perform an ❑bliga�ion o�Trus��r under this ❑eed o�Trus�, afker Trustor's <br /> failure ta perform, sha�l n�t afifect Lender's right ta dec�are a defiaul�and exercise i�s remedies. <br />� <br />� � <br /> I <br /> i <br /> i <br /> i <br />