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2� 1 ��3�38
<br /> DEE� �F TRUST
<br /> Laan No: 1�'i 29�D7� �C�ntirlu�d} Page �
<br /> and places as Lender may deem appropria�e, any and all su�h mar�gages, deeds o�firust, security deeds� security
<br /> agreements, financing s�a�emen�s� con�inuat�on s�katements, instrumen�s v� further assurance, certi�icates, and
<br /> other documents as may, in�he sole ❑pinion of L�nder, 1ae necessary or des�rabEe in ❑rder to eff�ctuate, camplete,
<br /> per�ect, continue, ❑r preser�e ��} Trustor's ❑bliga�ions under �he Nate, �his ❑eed ❑f Trust, and the Retated
<br /> ❑ocumen�s, and �2� �he liens and security interests created by this Deed of Trust as first and prior liens ❑n �he
<br /> Proper�y, whethe�-now owned vr hereafter acquired 1ay Trustvr. Unless prvhibited �y law ❑r Lender agrees tv�he
<br /> cvntrary in writing, Trusto�- shall reimhurse Lender for all costs and expenses incurred in connection wi�h the
<br /> matkers referred�o in�his paragraph.
<br /> Attvrney-in�Fact. 1�Trustvr fails to dv any a�the things referred�a in the preceding paragraph, Lender may do so
<br /> fvr and in the nam� of T�-ustor and at Trustor's expense. For such purposes, Trust�r h�reby irre�ocably appaints
<br /> Lender as Trustor's attvrney-in-fac�for�he purpose o�making, executing, delivering, �ilin�, recarding, and doing all
<br /> other things as may be necessary �r desirable, in Lender's sole ❑pinion, tv accamp�ish the matters referred tv tn
<br /> the preced�ng paragraph.
<br /> FULL PERF�l�MANCE. �f Trustor �ays af1�he �nde�tedness, including withou�limitation ali future ad�an�es, when due,
<br /> and ❑fiherwise performs a�E the ❑bligatEons impased upon Trus�kvr under this Deed of Trust, Lender shall execu�e and
<br /> deli�er #o Trus�ee a requesfi for full re�vn�eyance and shall execute and deliW�r to Trustor suifiable s�atements a�
<br /> termination vf any financing s�atement on �ile e�idencing Lender's securi�y interes� in the Rents and the Personal
<br /> Praper�y. Any recon�eyance�ee required by law shall be paid by T�-ustar, i�permifited by applicable law.
<br /> DEFAULT. At Lender's optian,Trustor will be in defaul�under�h�s ❑eed o�Trust if any❑�the fa�l�wing happen:
<br /> Fraud or Material Misrepresenta�ion. Trustor commits �raud ar ma�eriaf misrepresen�a�ki�n in connection wi�h the
<br /> terms of the Nv�e.
<br /> Payment De�au��. Trus�or fails to meet the�-epaymen�terms af the No�e for any au�s�anding l�aiance.
<br /> Dther Defau��s. Trustar's act ❑r-�ailure �o act ad�ersely a��ects Lender's security interes� in the P�-aperty, or any
<br /> �-ight of Lender's in such security.
<br /> Right ta Cur�. Ifi any de�ault, vther than a default in payment, is cura�le and ifi Trus�or has n�t�een given a nofiice
<br /> afi a breach a�the same pro�isivn of this Deed ❑�Trust within�he precedin�twelWe {12y months, it may be cured if
<br /> Trustor, af�er Lender sends written notice tv Trus�vr demanding cure❑�such default: ��� cures�he detault wifihin
<br /> ten ���y days; ar 42� if th� cure requires more�han�en {'i D} days, imm�dia�ely ini�iates steps which Lender deems
<br /> in Lender's sole discre�ion�o be su�ficient�o cure the defaul�and thereafter��antinues and �ompletes all reasanable
<br /> and necessary s�eps su��icient tv produce compliance as soon as reasonably practical.
<br /> R�GHTS AND REMEDIES 4N DEFAULT. if an E�ent af Default occurs under this Deed a�Trust, at any time thereafter,
<br /> Trus�ee❑r Lender may exercise any❑ne or mar�af the following r�gh�s and remedies:
<br /> Accelera�tion Upon Default;Addit�vnal Remedies. �f any E�ent af ❑efault vccurs as per the terms of�he Nofie
<br /> � secured hereby, Lender may declare a11 Inde�tedness secured I�y#his Deed ❑f Trust t❑ be due and payable and
<br /> the same shal�thereupan become due and payable without any presentment, demand, protest ar notice v�any
<br /> kind. Thereafter, Lender may:
<br /> �a� Either in persvn or by agent, with o�- withvut bringing any a��ion or proceed�ng, or hy a recei�er
<br /> appoinfied by a �ourt and withou�regard to the adequacy of�ts securi�y, enter upon and take possessian
<br /> of�he Prvperty, or any part�herea�, in its own name❑r in the name of Trustee, and d❑ any acts which i�
<br /> deems necessary ar desirable t❑ preser�e the value, marf�e�alaility or rental�iiity of the Praper�y, or part of
<br /> the Property ❑r in�erest in the Property; in�rease the inc�me from the Property ar protec��he se�uri�y of
<br /> the Prvperty; and, with or wi�hout taking possession of �he Prop�rty, su� far ❑r a�herwise co�lec� the
<br /> rents, issues and pro#its of the Properky, inc�uding those pas-�due and unpaid, and apply�he same, iess
<br /> �osts and expenses af❑peration and cvllection attvrneys' fees,tv any indebtedness secu�ed by�his ❑eed
<br /> v�Trust, all in su�h ❑rder as Lender may det�rmine. The entering upon and �aking possession ❑f the
<br /> Property, �he collection �� such renfis, issues and profi�s, and the appli�a�i�n �hereo� shalf n�t �ure vr
<br /> waE�e any de�ault or notice o-�default under this ❑eed af Trust vr inva�ida�e any act dvne in response tv
<br /> su�h de�aul�ar pursuant ta such natice af defaul�; and, nvtwithsfianding the confiinuance in possession❑f
<br /> fihe Praperty or�he collec�ion. receipt and ap�licativn of �-�nts, issues or pr�fits, Trus�ee or Lender shall
<br /> be entitled fio exercise e�ery right pro�ided far in the Not� vr�he Related ❑o�umenfis a�-by law upon the
<br /> ❑ccurrence o�any e�en�af de�ault, including�he right�❑exercise�he power af sale;
<br /> tb} Commence an action to fvreclos�this Deed ❑f Trust as a martga�e, appoin�a recei�er or specifically
<br /> enforce any o��he co�enan�s hereof; and
<br /> {G} Deli�er t❑Trustee a writken dec�ara�ion of defau[t and demand�or sale and a written notice of defaul�
<br /> and election tv cause Trus�or's inte�est in the Property to he sold, which nvtice Trusfiee shall caus�tv be
<br /> duly filed�for recard in�he appropria�e a�fices of the Cvunty in which�he Property is located; and
<br /> �d} Wi�h respect to al[ ❑r any part af the Persanal Property, L�nder shall ha�e all the righfis and remedies
<br /> v�a secured party under�he Nebraska Uniform Comm�rcial Code.
<br /> Fvreclosure by Power of 5ale. If Lender e�ects�o�areclose by exer�ise a��he Pawer of Sale herein�onfiained,
<br /> Lender sha�! no�ifiy Truste� and shail deposit with Trus�ee this ❑eed of Trust and the Note and such receipts
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