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<br /> ' 2� 1 ��2253
<br /> DEED DF TRUST
<br /> Loan Nv: 'i D��94�45 t�antinued� Page 7
<br /> Lender deems in Lender's sol� discretian ta he sufficien� �o cure the d��au�� and �hereafter c�ntinu�s and
<br /> comple�es afl reasanable and necessary steps sufficien��o prvduce compfiance as soan as reasonably prac�i�al.
<br /> RlGHTS AND RENIEDIES �N DEFAULT. If an E�ent❑fi❑e�au��occurs under�his ❑�ed ❑f Trust, a� any�kime �hereafte�-,
<br /> Trus�ee❑r L�nder may exercise any❑ne�r mvre of�he following rights and rem�dies:
<br /> Ac��leration Upan Default; Addi�ivna� Remedies, lf any E�ent of Defau[t oc�urs as per the�erms a��he No��
<br /> secured her-eby, Lender may dec�are alI Indebtedness secured by fihis Deed o�Trus�to be dus and�payable and
<br /> �he same shall the�eupan become due and payable withaut any pres�n�men�t, demand, pro�t�s�❑r notice of any
<br /> kind. Therea-�ter, Ler�der may:
<br /> �a} Ei�her in persan �r by agent, w�th or w�thou� br�nging any ac�ian ❑r proceeding, or by a recei�er
<br /> appoin�ed by a cour� and wi�hout regard to the ade�ua�y af�ts security, enter upon and �ake possessian
<br /> af�he Property, ar any par��he�-eof, in i�s own name �r in the name ❑t Trustee, and d❑ any acts which ifi
<br /> deems necessary ar desirable to preser�e the value, marketability or rentabili�y af the Property, or par�af
<br /> the Prvperty or interest in the Property; increase �he incame �ram �he Property ar protect�he security ❑f
<br /> �he Prap�rty; and, wi�h ❑r withau� taking possession of the Property, sue �vr or ��herwise cvlleG� the
<br /> ren�s, issues and pro�i�ts o�the Praperty, including thase past due and unpaid, and apply the same, less
<br /> . costs and expenses v�operativn and co�lectian attorneys' fe�s,fio any indeb�sdn�ss s�cured 1ay this Deed
<br /> of Trus�, all in such ❑rder as Lend�r may determine. The entering upvn and taking pvssessian o# �he
<br /> Property, fihe collec�ian ❑f such ren�s, issues and pr-ofi�s, and �he applica�ion thereof shall na� cu�re ❑r
<br /> wai�e any de�Fault�r no�ice a-� defaul�unde�this Deed ❑fi Trus���- inva�Fda�e any act dvne in respanse fiv
<br /> .such de�fault ar pursuan�to such no�ice v-�defaul�; and, notwithstanding�he con�inuance in passession ❑�
<br /> �khe Praper�y or the co[Iectian, receipt and appli�ation ofi rents, issues nr pro�its. Trus�ee ❑r Lender sha��
<br /> be en�i�led to exer�ise e�ery r�ght pr��ided for in the No�e or�he Related �acuments o�by law upan�he
<br /> occurrenGe of any event�fi de�ault, including t�e right�o exer�ise fihe power o�safe;
<br /> tb� Cammence an a��ion to �Forecfose fihis ❑eed o�Trust as a mvr�gage, appainfi a recei�er❑r speci�ical[y
<br /> enforce any a�the �ovenants hereo�; and
<br /> {�} DeliWer to Trustee a wrifiten declaratian o�defau�t and demand far sale and a w�-itten no�tice of default
<br /> and elec�ion�o cause Trus�vr's interes�in the Property�o be sold, wh�ch no�ice Trustee shall cause fio be
<br /> duly filed for rec�rd.in�he appropriate o�F�ices�f the Caunty in which the Property is loca�ed; and
<br /> �d� Wi�h respect ta all or any part❑fi the Personal Property, Lender sha[[ ha�e all�he righ�s and remedies
<br /> of a secured par�y under�he Nebraska Llnif�rm Commercial Code.
<br /> Fvreclasure hy Power of 5ale, f�F Lende�r elec�s�❑-�a�eclase �y exercise o�the Power af 5ale herein cantained,
<br /> Lender shall nati�Fy Trus�ee and shall deposi� with Trustee fihis Deed ❑f Trus� and the No�e and such receipts
<br /> and e�idence of expendi�ures made and se�ured hy thFs Deed of Trus�as Trustee may r�quire.
<br /> �a� Upon receipt❑f such notice from Lender, Trus�ee shall �ause�k❑ be recorded f pub��shed and delivered
<br /> ta Trustor such Nv�i�e ❑� ❑e�au[t and No�ice af Sa�e as then required by law and by this Deed ❑f Trust.
<br /> Trustee shall, wi�hou� demand ❑n Trus��r, a-�er such time as may then be required by law and after
<br /> r�cvrdativn o�su�h No�tice ofi ❑efaulfi and after No�ice of 5ale ha�ing �een given as required by law, sell
<br /> the Praper�y at �he �ime and pla�e �f sale fixed by i� in su�h Noti�e o-F 5ale, ei�her as a wh�le, �r in
<br /> separa�e lots or parcels or items as Trus��e shall deem expedien�, and in such order as it may de�erm�ne,
<br /> a� public auc�ion t❑the highest I�idder�or cash in lawful maney o�the United S�a�es payab�e a��he time
<br /> ❑�F sale. Trus�ee sha�[ defi�er t� such purchaser ❑r purchasers thereof its gn�d and sufficient deed or
<br /> deeds con�eying the prvper�y so svld, but withaut any cv�enant or warranfiy, express a� imp[ied. The
<br /> recita�s �n such deed af any matkers or fac�s shall be con�lusi�e proof of�he truth�ulness �hereof. Any
<br /> persan, in�luding withaut[imitation Trusta�-,Trustee, ❑r Lender, may purchase a�such sa�e.
<br /> {�} As may be permi�ted by law, after deducting ail C�5�5, fees and expenses of Trustee and ❑f �his
<br /> Trust, inc�uding cas�s af e�idence❑f tit�� in conne�tion wi�h sale,Trustee shall appiy the proceeds of sale
<br /> to paymen�.�f �i} all sums expended under�h�terms o�this Deed o�f Trus�❑r under�he�erms❑f�he Note
<br /> no� �hen repaid, including but na� limi�ed �k❑ accrued in�eres� and late charges, �ii} all o�her sums then
<br /> se�ured hereby, and {iii}�he remaind�r, if any, to the persan❑r persons legalfy entitl�d�hereto.
<br /> �c� Trustee may in the manner pro�ided by law posfipone sale❑f all ar any pvr�ion of fihe Pr�per�y.
<br /> Remedies Not Exclusive. Trus�ee and Lender, and each v� them, shall be entit�ed �❑ enfvr�e payment and
<br /> perfarmance��any�ndeb�edness ❑r obliga�ians secured by this Deed ❑�Trus�and�o exercFse a�l rights and powe�-s
<br /> under this Deed a-�Trust, under the No�e, under any o� the Related Documents, or under any other agre�ment ❑r
<br /> any laws now or hereaft�r in force; na�wi�hstanding, same or al� of such indebtedness and obligafiions secured hy
<br /> this �eed ❑f Trust may now ❑r hereafter be �therwise secured, whether by mo�tgage, deed ❑f�rust, pledge, lien,
<br /> assignment or o�herwise. N�i-�her �he accep�ance of th�s Deed of Trus� nor i�s enfvrcement, whe�her by court
<br /> actFan or pursuant ta fihe power of sale ❑r ❑�her pawers con�ained in �his D��d of Trust, shall prejudice �r in any
<br /> manner a�f�ect Trustee's or Lender's right �❑ realize upon ar en�arce any ather securi�y now or hereafter held by
<br /> Trustee ar Lender, it be�ng agreed that Trustee and Lender, and each��them, shall be enti�led�❑ en�orce this Deed
<br /> o�Trust and any o�her se�urity now or hereafter held by Lender ar Trus�ee in such ❑rder and manner as they or
<br /> either a� them may in �heir absolu�� discre�ion de�ermine. N❑ remedy conferred upvn �r reserWed �o Trustee ❑r
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