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2� 1 ��2555
<br /> �3E�� �F T�LJS�'
<br /> .
<br /> �ontt�u�d Pa�e �
<br /> of Yrust, all in such order as Lender may determine. The entering �tpon and taking passessian o�f the
<br /> Propetty, the caliectifln of such r�n�s, issues and profits, and the ap�ficati�n thereo� shall na� cu�e or
<br /> wa�ve any default or noti�e af defaul�under�his Deed a�Trust�r in�alidate any a�t done in response to
<br /> su��defa�it ar pursuant t❑ su�h no�ice af de�aul�; and, notwithstand�ng the cont�nuance in possession of
<br /> �he Property or the collection, receipt and application af rents, issues or pra�Fits, Trustee nr Lender shall
<br /> be �nt���ed t❑ exerc�se e�ery righ� pra�ided far in�he Credi�Agreement ❑r the Related Documents ar by
<br /> iaw up4n#he occurrence❑f any e�ent af defauit, including the right ta�xer�ise fhe power of sale;
<br /> �b} Commence an �ctian�o farec�ose this �]e�d of 7ru�t as a mortgage, appaint a re�eiver❑r speci�ically
<br /> enfo�'ce any af the�a�enants hereo�;and
<br /> �c} �3eliver�o l�r�u�fiee a wr�tten dec�a�-atian o�d�fault and deman�l�ar sale and a wt-i�ten noti�e af de�auft
<br /> and e4ect�fl��o caUse Trustor's interest sn�he P�oper�y ta be sold,whi�h natice Trus�ee shai!cause�o be
<br /> duiy f�led fior recard in�he appropriate affices of�he Caunty in which the Praperty is la�ated;and
<br /> �d} �1Vi�h respect�o al! or any park of the �ersonal Praper�y, L�nder sha�I have ali �he rights and remedies
<br /> of a secured party under the Nebraska Unifarm Comme�cial Cade.
<br /> Fore�losure by Power of SaEe, If Lender e�ects to fareclose by exercise of the Pavuer o��ale herein cantained,
<br /> Lender shall no�i�y Trustee and shafl depasit with Trus�ee th�s ❑eed o�Trust and the Cred�t Agreement and
<br /> such receipts and evidence of�xpendE�ures made and secured by fi��is Deed a�Trus�as Trustee may require.
<br /> �a} llp�an receipt of such natice from Lender, Trustee�hall cause tfl be recorded, pu�IEshed and deli�ered
<br /> to Yrus�or such Nottce of❑e�au[t and N�t�ce o�Sale as then required by law and by this ❑eed o�Trust.
<br /> Trus�ee shall, without demand on Trustor, af#er such t�me as may fhen be �equired �y law and af�er
<br /> record�tion of such Notic� of Defau��and after Notice of 5ale having been given as required by law, sell
<br /> the Property at the time and place of saCe fixed by �� in such Natice o� Sale, either as a whoEe, ❑r in
<br /> separa�e lats❑r par�els or items as Trustee shal! deem expedient, and in su�h nrder as it may determine,
<br /> af public auctinn �o the highest bidder for cash in lawfuj money of the United 5tates payable at the t�me
<br /> of sale. Truste� sha�l deliver fo su�h purchaser ar purchaser's thereof ifs gaod and su�ficient deed or
<br /> deeds can�eying the property so sold, but withou# any covenant �r warranty, express or imp�ied. The
<br /> recitals in such deed of any matters or facts shail be conclusfve proaf❑f the truthfulness�hereo�. Any
<br /> person, inc�uding vvithou��imita�ion T�ustar,Trustee,❑r Lender, may purchase at such sale.
<br /> �b} As may be permitted by law, a�ter deducting all cvstsr �ee5 and expens�s of Trustee and flf tri�
<br /> Trust, including cosfs of e�idence��title in cvnnec#ion with sale,Trustee shall apply�he pro�eeds of sale
<br /> to paymen� af �i} a!I sums �xpended unde�the terms af this Deed of Trust ❑r under the #erms of the
<br /> G�edi�Agreemenf nof�hen repaid, inc�uding but not limited ta accrued interes�and late charges, �ii) a��
<br /> vther sums then secured hereby, and �i�i}the remainder, it any, to the person or persons (egal�y entit�ed �
<br /> the�'eta.
<br /> ��} Trus�ee may in the manner pra�ided hy law pastpone sale❑�aii�r any porkian vf the Prope�ty.
<br /> Remedies No� Exclusi�e. Trustee and Lendsr, and each of �hem, shall be entified fo en�arce paymen� and
<br /> perfo�mance of any�ndebt�dness or ob�igations secured by this ❑eed of Trust and to exercise ai� righ#s and powers
<br /> under th�s Deed ❑f Trust, under the Gredi� Agr�ement, under any of�he Related D�cum�n�s, or unde�- any o#her
<br /> agreement ar any laws naw or hereaf�er in tor�e; r�o�withstanding, some ar ali of such indeb�edness and
<br /> obligations secured by this Deed af Trust may now or hereafter be otherwise secur�d,whether by mortgage; deed
<br /> o�frust, pCedge, lien, assignment or otherwise. N�ither the acceptance o�this Deed of Trust nvr its enforcement,
<br /> v+rhether by cour� ac�ion ❑r pursuant f� the pawer of sa�e ar ather p�wers contained in this C]eed af�`rust, shall
<br /> prejudice ❑r�n any manner a�feGt Trustee's or Lend�r`s �ight to realize upon ❑r enforce any other securi�y now ❑r
<br /> hereaft�r held by Trustee a�Lender, �t being agreed that Trustee and Lender, and each of them, sha!! be entitl�d tn
<br /> en�orce fhis Deed of Trust and any other securi�y noiN ar herea�ke� held by Lend�r ar Trustee in such order and
<br /> manner as �hey or either of them may in �heir absaiute discretion determine. No remedy conferred upon ❑r
<br /> reserved to 7rus�ee ❑r Lender, Es in�ended t� be exclusive of any ofiher remed� in this Deed n�Trust ❑r by law
<br /> p�v�ided ❑r permitfed, but each sh�ll be cumutative and shalE be �n addition to e�ery ❑ther r�emedy gi�en in t���s
<br /> Deed af Trust �r novv or herea�ter existing at law or in equity❑r by stafiute. Ever-y power or r�emedy gi�sn by th�
<br /> Credit Agreemen� or any ❑� the Rela�ed Dacuments to Trus�ee or Lender or t� which either of �hem may be
<br /> o�herwise entitled, may be exercised, concurrently or ind�pend�ntly, from time to �ime and as often as may he
<br /> deemed expedien� �y Trustee or L�nder, and �ither of them may pursue inconsist�nt remedies. N�thing in this
<br /> aeed nf Trust shalf be construed as prohibiting L2nder from se�king a deficiency judgment against the Trustor to
<br /> the ex�en�such action is permifted by law.
<br /> E[ection of R�medies. A[[ of Lender's righ�s and remedies will be cumulati�e and may be exer�ised afone ❑r
<br /> togefher. lt Lender decides to spend m�ne}� or to pe�Form any af Trustor's obliga�ians und�r this Deed of Yrus�,
<br /> aft�r Trustar's �ailure�❑ do sa, that decision by Lender wi�� no#affect Lender's righ�t❑ declare Trustor in default
<br /> and to exercise Lender's r�m�d�es.
<br /> Requ�st far Nv�ice. Trustor, �n b�half of Trus�or and Lender, hereby requests that a capy Q�any Noti�e af Defaul�
<br /> and a copy o�any NatiGe of 5ale und�r this f3eed of Trust be mailed to them at the addresses set forth�n the fiirs�
<br /> paragraph af this Deed ❑f Trust.
<br /> A�torneys' Fees; Expenses. l�f Lender �nstitutes any suit or �ction fo enforce any of the t�rms o�this Deed nf
<br /> Trust, Lender shal! be entitled to reco�er suGh sum as the caur�may adjudge reasonab�e as attarneys'�ees at tria!
<br /> and upan any appea�. Vllhether �r not any court acti�n is �n�alved, and to the extent not prQhibited by iaw, all
<br /> reasonable expenses Lender incurs �hat in Lende�-'s opinian are necessary at any t�me for the protection of �ts
<br /> intEres�ar�he enforc�men��f i�s rights shal! hecome a part o�the lndehtedness payable an demand a�nd shail bear
<br /> interesf at the Credit Agr�emenfi ra�e from the da�e af the expenditure until repaid. Expenses Co��red by this
<br /> paragraph in�Eude, without lim�tatiar�, howe�er subje��to any limits under appl��abie Iaw, Lender's attarneys'fees
<br /> and Lender's legal expenses, whether ar nat th�re is a la�rvsuit, including at�orneys' fees and expenses for
<br /> bankruptcy proceedings �including ef�or�s to madify or�ac��e any automatic sfay❑r in�unctian}, appeals, and any
<br /> anticipated past judgment collection ser-viGes, the �os� ❑f searching re���-ds, abtaining tEtle repor�s {including
<br /> �ar�closur� reports}, surveyo�-s' reparts, and appraisal fees, title �nsurance, and fees for�he Trusfiee, to the extent
<br /> permitted by appl��able faw. Trus�or afso wiil pay any courfi costs, in addition to a!1 other sums provided by�aw.
<br /> R�gh��a�T�ustee. Trus�ee shall ha�e a[{of the rtghts and duties of Lender as set fc�rth in this section.
<br /> PDVIIERS AHD DBLIGATtaNS DF TRLISTEE. The�ollowing pro�is�ons relat�ng��the powers and �b�igatians afi Trustee
<br /> are part af this I�eed of Trus�:
<br /> Pow�rs vf Truste�. In additi�n t�aff powers of Trustee arising as a matter a�1aw, Trustee shall have th� power ta
<br /> take the�aliawing ac�ions with respec�t to�he Praperty upon th�written request of L�nder and Trustar: �a}join in
<br /> preparing and fifing a map or pfat v��he Real Prvper��, in�luding t��e d�dication of streets ❑r �#her righ�s t❑ the
<br /> pub�ic; (b} join in granting any easem�nt or �reating any restrictian on �he Reai Praperty; and �c} join in any
<br /> subardir�ativn ar-ather agreement a�Fe�ting this Deed ��Trus�or the�nteres�of Lender under this�eed of Trust.
<br /> Trust��. Trustee shall meet a�� qualificatians �-equi�ed �or Trus�ee under app4icable law. In addition �o fhe rsgh�s
<br /> and remedies set forth abo�e, with respect to all ❑r any part of fihe Praperty, �he Trustee shall have the righ�to
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