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2� 1 ��313� DEED C]F TRUST Loan Na: '1�'1 Z9524'1 �Cnntirlued� Page 3 Lender may do sa. I� any action or proceeding is commenced that would materially affect Lender's interests in the Praperty, then Lender vn Trustor's behalf may, but is nat required ta, take any acti�n that Lender beiie��s to b� appropriat� tv prvtect Lender's interests. All expenses incurred ❑r paid k�y Lender for such purpases will then bear interest at the ra�e charged under the �redit Agreement fram the date in�urred or paid by Lender ta the date af repayment by Trustor, All such �xpenses wilf become a part of the Indebtedness and, at Lender's option, wili �A} be payable on demand; �B� b� added to the balance of the Credit Agreement and be apportioned among and be payable with any instalfinent payments to become due during ei�her {1 y the term of any applicable insurance policy; or �� the remaining term vf the Credit Agre�ment; or �C� be treated as a ba�loan payment which wi�� be due and payable at the Credit Agreement's maturity. WARRANTY; DEFENSE�F TITLE. The folivwing p�o�isivns relating t❑ �wnership of the Praperty are a part af this ❑eed of Trust: Title. Trustar warrants that: �ay Trustor hvlds good and marketable title of recvrd tv the Prc�perty in fee simpEe, free and clear af all liens and encumbran�es ❑ther than those set f�rth in the R�al Property description ar in the Existing �ndebtedness se�tion below ar in any tit�e insurance policy, title repvrt, ❑r final titie ❑pinian issued in fa�or o�, and ac�epted by, Lender En cannectian with this Deed of Trust, and tb} Trustor has the fuil right, pawer, and authvrity t❑ execute and deli�er this Deed of Trust to L�nder. Defense of Title. Subject to the exception in the paragraph aba�e, Trustor warrants and will f�re�er defend the title to the Property against the fawful claims of all persons. EXlSTING IN�EBTEDNESS. The following pra�isians cancerning Existing Indebtedness are a part of this Deed of Trust: Existing Lien. The lien of this ❑eed ot Trust securing the Indebtedness may be secondary and inferior tv an exis�ting lien. Trustor expressly cn�enants and agrees ta pay, or se� to the payment af, the ExEsting Indebtedness and to pre�ent any default nn such indebtedness, any default under the instruments e�idencing such indebtedness, or any default under any security documents fvr such indebtedness. EVENTS �F DEFAULT. Trustor wil! be in default under this Deed of Trust if any vf the fvllawing happen: �A} Trustar �ommits fraud or makes a material misrepresentatFon at any time in conne�ti�n with the Credit Agreement. This can include, for exampie, a false statement about Trustor's incame, assets, liabilities, ❑r any ❑�her asp�cts v� Trustar's financial cvndition. �B� Trustvr dves n�t meet the repayment terms af�he Credit Agreement. �Cy Trustor's a�tion ❑r inaction ad�ersely affects the �ollateral or Lender's rights in the callateral. This can inciude, far example, failure to maintain required insurance, waste ar destructi�e use of the dw�lling, failure t❑ pay taxes, death ❑f al! persons liable on the acGount, transfer of title or sale vf the dwelling, creatian �t a senior lien an the dwelling without Lender's permission, for�closure by the holder vf another lien, vr the use o�tunds ar the dwelfing far prohibited purposes. RIGHTS AND REME[]�ES �N aEFAULT. lJpon the ❑ccurrence ❑f any E�ent of Default und�r any indebtedness, or shauld Trustor fai! to comply with any of Trustar's obligations under this ❑eed of Trust, Trustee or Lender may exercise any one ❑r more of th� fa�lvwing rights and r�medies: Acceleration Upvn Default; Addit�anai Remedies, If any E�ent❑f Default vccurs as per the terms nf the Credit Agreement secured hereby, Lender may declare al[ Indebtedness secured by this ❑eed vf Trust t� be due and payable and the same sha�l thsreupon became due and payable without any presentment, demand, protest ar nntice of any kind. Th�reafter, Lende� may: �a� Either in person or by agent, with vr withaut bringing any action ar praceeding, ❑r by a recei�er appointed by a caurt and without regard to �he adequacy vf its security, enter upon and take passessian af the Praperty, or any part thereaf, in its own name or in the name of Trustee, and do any acts which it de�ms necessary ar desirable to preser�e the �alue, marketability ❑r rentability of�he Praperty, or part ot the Praperty vr interest in the Property; increase the incame from the Praperty ❑r protect the security af the Property; and, with or withvut taking possession of the Property, sue far ❑r otherwise �ollect th� rents, issues and profits of the Property, in�luding thase past due and unpaid, and apply the same, less costs and expenses of operation and collectivn attorneys' fees, ta any indebtedness secured by this Deed of Trust, ail �n such order as Lender may d�termine. The entering upvn and taking p�ssession of the Praperty, the col�ection ❑fi such rents, 155L1�S and profits, and the applicativn the�ea� shall nat cure or wai�e any defauit or noti�e a� default under this Deed ❑f Trust or in�alidate any act done in respvnse t� such default or pursuant ta su�h natice of defauit; and, na#withstanding the continuance in possession�� �he Property or the coilectian, receipt and app�icatian of rents, issues or profits, Tt�ustee or L�nder shalf be entitled to ex�rcise every right pra�ided for in the Credit Agreem�nt or the Related Do�uments vr by law upon the oc�urrence vf any e�ent❑f default, inciuding the right to exercise the power❑f sale; �by Cammence an action to foreciase this Deed ❑f Trust as a mortgage, appoint a recef�er ❑r specifica�ly enf�r�e any❑f the ca�enants hereof; and �c� [�eli�er�o Trust�e a written dec�aration af default and demand for sale and a written notice af default and election t❑ cause Trustor's interest in the Property to be so�d, which natice Trustee shall cause ta be duly filed for record in the apprapriate offices of the County in which the Property is Iocated; and �d� With respect to all or any part of the Personal Property, Lender shall ha�e all the rights and remedies ❑f a secured party under the Nebraska Unifarm Cvmmercial Code.