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2� 1 �� 1 �8� <br /> DEED �F TRUST <br /> Loan Nv: �D'1�94'I 4D t�ontinued} Page 7 <br /> nat made within the time required by the promissory note e�idencing such indebtedness, ❑r a default accurs under <br /> th� i�strument securing 5UCF1 indebtedness and is not cured during any applica�le grac� period in such instrument, <br /> �r any suit o�❑ther action is commenced to foreclose any existing lien on the Property. <br /> Righ�t to Cure. If any default, ❑ther than a default in payment, is �ura�le and if Trustor has not been gi�en a noti�e <br /> of a brea�h of the sam� pt�o�ision ❑f this ❑eed �f Trust wi�hin the pre�eding twel�� �"1 2y manths, it may�e cured if <br /> Trus�or, after Lender sends written natice to Trustor demanding �ure of such default: �1} cures the default within <br /> fifteen ��5� days; or ��] if the �ur'e rec�uires more than titteen ��5� aEays, imm�diately in�tiate� steps whieh L�n�ler <br /> deerris in Lender's sale discretian to be sufficient ta cure the default and thereafter cantinues and completes all <br /> reasonable and necessary steps suff�cient t❑ praduce compliance as soon as reasonably practi�a�. <br /> RlGHTS AND REMEDIES �N DEFAULT. lf an E�ent ❑f �efault ❑ccurs under this Deed of Trust, at any time thereafter, <br /> Trustee or Lender may exercise any ❑ne ❑r more o��he fnllowing rights and remedies: <br /> Accelerativn Upon Default; Additional Remedies. If any E�ent of l�efault oc�urs as per the terms of the Note <br /> secured hereby, Lender may declare al� Indebtedness secured by this C]eed of Trust t❑ be due and payable and <br /> the same shall thereupan become due and payable withaut any presentment, demand or protest ❑f any kind. <br /> Thereafter, Lender may: <br /> {ay Eifiher in persan or by agent, with or without bringing any action or proceeding, or by a recei�er <br /> appointed by a caurt and without regard t❑ the adequaCy ❑f its security, enter upon and take possession <br /> ❑f the Praperty, or any part thereof, in its own name ❑r in the name of Trustee, and d❑ any acts whi�h it <br /> deems necessary or desirabae to preser�e th� �alue, marketability or rentability of�he Property, or part of <br /> the Property or interest in the Praperty; increase the income fram the Property o� prote�t the security of <br /> the Property; and, with ar without taking possession of the Property, sue for or otherwise �olle�t the <br /> rents, issues and profits ❑f the Praperty, in�luding those past due and unpaid, and apply the same, less <br /> �asts and expenses ❑�❑peration and colfe�tian attarneys' fees, to any indebtedness secured by this Deed <br /> of Trust, all in su�h �rder as Lend�r may determEne. The entering upan and taking pvssession of the <br /> Property, the �ollection ❑f such rents, issues and profits, and the application thereaf shall not cure or <br /> wai�e any default ar natice of default under �his Deed of Trust ❑r in�alidate any act dane in respanse to <br /> su�h defauft or pursuan�to su�h notEce of default; and, notwithstanding the �ontinuance in possession of <br /> the Property �r the collectjan, receipt and application of rents, issues or pro�its, Trustee ❑r Lender shall <br /> be entitled t❑ exer�ise e�ery right pro�ided for in the Nate ar the Related �ocumen�s or by law upon the <br /> accurrence of any e�ent❑f default, including the right t❑ exercise the power af safe; <br /> �b} Cammence an action to �oreGlase this ❑eed ❑f Trust as a mortga�e, appaEn� a receiver or specifi�ally <br /> enfarce any of the co�enants hereof; and <br /> {c} Deli�er t❑ Trustee a written declaration of default and demand �ar sale and a written natice of default <br /> and election to cause Trustar's interest in the Property to be sold, whi�h notice Trustee shall cause to be <br /> duly tiled �ar rec�rd in rhe appropriate Offices af tne County in Which the Property is located; and <br /> �d] W+th respe�t ta af f ❑r any part of the Personai Praperty, Lender shall ha�e all the rights and r�medies <br /> af a secured party under the Nebraska Uniform Commercia! �ode. <br /> Foreclvsure by Power vf 5ale. If Lender�lects�to foreclose by exercise af the Pawer af Sale herein contained, <br /> Lender shall notify Trustee and shall deposit with Trustee this Deed ❑f Trust and the Note and such receipts <br /> and e�idence of expenditures mad� and se�ured by this Deed of Trust as Trustee may require. <br /> �a} Upon receipt of such notice from L�nder, Trust�e sha1� �ause to be recorded, published and def F�ered <br /> ta Trustor su�h Natice �f Defau�t and Notice of 5ale as then required by law and by �his Deed ❑f Trust. <br /> Trustee shafl, withaut demand an Trustor, after su�h time as may then be required by law and after <br /> recordation ❑f such Notice of ❑efauit and after Notice ❑f 5ale ha�ing �e�n gE�en as required by law, sell <br /> the Property at the time and place of sale fixed by it in such Notice ❑f Sa�e, �ither as a whole, or in <br /> separate lats or parcels ❑r items as Trustee shall deem expedient, and in such order as it may determine, <br /> at public au�tion to the highest bidder for cash in lawful money ❑f th� United States payabl� at the time <br /> af sale, Trustee shall de�i�er to su�h pur�haser or purchasers thereof its good and suffiGient deed or <br /> deeds con�eying the praperty so sodd, but without any �a�enant or warranty� 2Kpl'�55 ar ff7t�]�i2CI. The <br /> re�itals in su�h deed of any matters ❑r facts shall be conclusi�e proof of the truthfuiness thereo�. Any <br /> person, inc�uding wi�hout lim�tatian Trustor, Trustee, or Lender, may pur�hase at such sale. <br /> �by As may be permitted by law, after deducting all costs, fees and expenses of Trustee and nf this <br /> Trust, inciuding costs af e�idence of title in �onnect�vn with sale, Trustee shalE apply the pr��eeds af sale <br /> to payment❑f {iy a�l sums expended under the terms of this D�ed of Trus�or under the terms of the Note <br /> not th�n repaid, including bufi not limited ta accrued interest and late �harges, �iiy all other sums then <br /> seeured hereby, and �iiiy the remainder, if any, to the persan ❑�persons legally entitled thereto. <br /> �cy Trustee may in the manner pra�ided by iaw pastpone sal� of a!I ar any partion of the Praper�y. <br /> Rem�d��s N�t Ex�lusive. Trustee and Lender, and each of them, shall be entitled t❑ enforce payment and <br /> perfarmance ❑f any indebtedness or obligations se�ured by this Deed of Trust and to exercise all rights and pawers <br /> und�r this Deed ❑f Trust, under the Note, under any flf the Related Documents, or under any other agreement ❑r <br /> any laws now or hereafter in #orce; notwithstanding, some or all of su�h indebtedness and obligations se�ured by <br />