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2ovoo33bh <br />Beneficiary, Beneficiary's agent, or to a court appointed receiver. In such event, <br />and should possession be restored, all rents and profits received thereby shall be <br />applied, less costs and expenses of management and collection including <br />attorneys fees, to the indebtedness secured hereby, in such order as Beneficiary <br />may determine. In such event, and should Beneficiary be entitled to restitution of <br />possession as provided for herein, Trustors do, by these presence assign such <br />rents and profits to Beneficiary. The entering upon and taking possession of the <br />Trust Estate, the collection of such rents, and profits and the application thereof as <br />set forth above, shall not cure or waive any default hereunder or invalidate any act <br />done in response to such default. Notwithstanding, the continuance and <br />possession of the Trust Estate or the collection, receipt and application of rents, <br />issues or profits, Trustee or Beneficiary shall be entitled to exercise every right <br />provided for in any of the Loan Instruments or by law u,pon occurrence of any event <br />of default, including the right to exercise to the power4f sale: <br />b. Commence an action to foreclose this Deed of Trust as a mortgage, appoint a <br />receiver or specifically enforce any of the covenants hereof; <br />Deliver to Trustee, a written declaration of default and demand for sale. <br />11. POWER OF SALE. Should Beneficiary elect to demand sale: <br />a. Upon receipt of such demand from Beneficiary, Trustee shall cause to be recorded, <br />published and delivered to Trustor such Notice of Default and Notice of Sale as <br />then required by law and by this Deed of Trust. Trustee shall proceed to, without <br />demand on Trustor, after such time as may then be required by law, sell the Trust <br />Estate at the time and place of sale fixed by it in such Notice of Sale, at public <br />auction to the highest bidder for cash and lawful of the United State payable at time <br />of sale. Trustee shall deliver to such purchaser or purchasers thereof its good and <br />sufficient deed or deeds conveying the property so sold, but without a covenant or <br />warranty, express or implied. The recitals in such deed of any matters or facts <br />shall be conclusive proof of the truthfulness thereof. Any person, including, without <br />limitation, Trustor, Trustee and Beneficiary, may purchase at such sale and Trustor <br />hereby covenants to warrant and defend the title of such purchaser or purchasers. <br />As may be permitted by law, after deducting all costs, fees and expenses of <br />Trustee and of this Trust, including costs of evidence of title in connection with <br />sale, Trustee shall apply the proceeds of sale to payment of (i) all sums expended <br />under the terms hereof, not then repaid, with accrued interest at the maximum rate <br />per annum then allowed by the laws of the State of Nebraska, (ii) all other sums <br />then secured hereby, and (iii) the remainder, if any, to the person or persons <br />legally entitled thereto. <br />C. Trustee may in the manner provided by law, postpone sale of all or any portion of <br />the Trust Estate. <br />12. REMEDIES NOT EXCLUSIVE. The acceptance of this Deed of Trust and its enforcement <br />whether by court action or pursuant to a power of sale or other powers herein contained, shall not <br />prejudice or in any manner affect Trustee's or Beneficiary's right to rely upon or enforce any other security <br />now or hereafter held by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of <br />them, shall be entitled to enforce this Deed of Trust or any other security now or hereafter held by <br />Beneficiary or Trustee in such order and manner as they or either of them may determine. No remedy <br />herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other <br />remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition to <br />every other remedy given hereunder or now or hereafter existing at law or in equity. Every power or <br />remedy given by any of the Loan Instruments to Trustee or Beneficiary or to which either of them may be <br />otherwise entitled, may be exercised, concurrently or independently, from time to time and as often as <br />may be deemed expedient by Trustee or Beneficiary and either of them may pursue inconsistent <br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency <br />judgment against the Trustor to the extent such action is permitted by law. <br />