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2� 1 ��379�
<br /> DEED DF TRUST
<br /> ��ont�t�ued} Page �
<br /> and election to �ause Trusfor's �n�erest in the Prope�ty�� be sald, which no�ice Trustee shall cause to be
<br /> duly filed�or recard in�h�appropriate offices of�he �ounty in which the Property is located;and
<br /> �d� With respec��o a!I or any part of the Personal Property, Lender sha!! ha�e all the righ�s and r-emedies
<br /> af a s�cured party under the Nebraska Uniform Cammercial Code.
<br /> FarecIosure by Pawer❑f Sal�. ��Lender elects to foreclos�by exe�cise ot�he Power of Sale h�rexn contained,
<br /> Lender shaII no�sfy Trus�ee and shall deposi� wi�h Tr-ustee this Deed of'Trust and �he C�edi� I�greement and
<br /> such r�ceipts and e�idence of expend��ures made and secured by this D�ed of T�-ust as Trus�ee may require,
<br /> �a} Upon receipt af such notice�rom Lender�Trustee shail cause�❑ be recard�d, pu�Iished and deIi�ered
<br /> �o Trus�or such N�ti�e o� ❑efault and Natice of Saje as then required by Iaw and by this ❑e�d ❑�Trust.
<br /> Trustee shall� wi�hou� demand on Trustor, afte� such �ime as may �hen be required by law and after
<br /> recordation o�such Notice of D�fauIt and after Nnfice o�Sale ha�ing been gi�en as required by law, sell
<br /> �he Property a�the time and p�ace of sale fixed by i� i�n such Not�ce n� 5a�e� eithe�- �s a whoIe, or in
<br /> s�parate Ints or parce�s o�items as T�us�ee shall deem expedien�, and in such order as i�may determine,
<br /> a� public auctian�❑�he highest bidder for cash in law�ul money of the United Sta�es payable a�fhe time
<br /> �f sale, Trustee sha11 deli�er to such purchaser ❑r pu�chasers thereo� its good and sufficient desd ❑r
<br /> deeds con�eying �he properky so sald, but without any ca�enan� o� warranty� express or �mpli�d. The
<br /> recitals in such deed of any matters or facts shaII be concf usi�e proof of the �ruthfuiness thereof. any
<br /> person, including withnut iimitation Trus�or,Trustee, o�Lend�r, may purchase at such saIe,
<br /> �b� As may be permitted by law, af�er deducting all casts� fees and expenses af Tr�ust�e and af fihis
<br /> Trus�, including costs ot e�idence of�itIe in connectian with sale,Trus�ee shall appIy�he proceeds of saI�
<br /> to payment vf �'r} all sums expended under the te�ms of this Deed of Trust or unde�fhe terms af the
<br /> CredEt Agreement not then repaid, incIuding but nnt limited �� accrued interest and �ate �harg�s, {ii} all
<br /> other sums then secured hereby, and �iii} the remainder, if any{ �o the person or persans Iega��y en�itled
<br /> �hereta.
<br /> �c7 Trus�ee may in the manner p�v�ided by!aw postpone sale❑f aII or any portion o�the Property.
<br /> Remedies Not Exclusi�e. Trustee and Lender, and ea�h o� them� shaII be en�ifled to enforce paymen� and
<br /> perFormance o�any indebtedriess or ob�igations secured by this Deed of Trust and to exercise alE righ�s and powers
<br /> under this Deed of Trust, under �he �redit Agreement, unde� any of�he Rela�ed [Jocuments, ar under any ofher
<br /> agreement or any laws naw or hereafter in force; notwiths�anding, some or ali of such indebtedness and
<br /> obrigations secured by this Deed of Trust may now or hereafter be otherwise secured{ whethet-by mortgage, deed
<br /> of�rus�, pledge� Iien. assignment or o�herwise. Neither the acceptance of�his Deed ❑f Trus�nor its en�arcement,
<br /> whethe�- �y �ourt action ar pu�suant to the power ❑f sale or other powers contained in this ❑eed o�F Trust, shal�
<br /> prejudice or in any ma�ner-affect Trustee's ar Lender's right to realize upon ar�n�a�ce any o�her security now or
<br /> hereaft��heId by T�us�ee or Lender, it being agt-eed tha�Trusfee and Lender, and each of�hem, �hall be entitled to
<br /> enfarce �hi� Deed of Trust and any other secu�ity now or herea-F-ter- held by Lende� or Trustee in such arde�r and
<br /> manner as they or either vf them may in their abso�ute disc�-etio� determine. N� r�medy conferred upon or
<br /> reserved fo Trustee or Lender�, is intend�d to be exclusi�e of any other remedy in this �eed af Trust or by Iaw
<br /> prn�ided ❑� per-mit-�ed, bu� each shali be cumula�i�� and shaI� be �n addition to e�ery other remedy gx�en in this
<br /> ❑eed �fi Trust or now or hereafter exis�ing a�Iaw ar in equity o�-by s�a�u�e. E�ery power or remedy gi�en by�he
<br /> Credit Agreem�n� vr any o� the ReIa�ed aocuments to Tr-us�ee or Lender or to which either o� them may be
<br /> otherwise en�itled, may be exercised, concu��en�ly Qr independ�ntIy, fram fime �❑ tim� and as �f�en as may be
<br /> deemed expedient by Trusfee or- Lender� and either of�hem may pursue inconsis�ent remedies, No�h�ng in fhis
<br /> Deed of Trus�shall be construed as proh�biting L�nder fram �eeking a de�iciency judgmen� against the Trusfior to
<br /> �he extenf such actian is permitted by faw.
<br /> E[ection ❑f Remedies. A1� o� Lender's rights and remedies will be cumulatirre and may he e�cerc�sed afone o�
<br /> toge�her. �� Lende� decides ta spend money or to perform any ❑f T�ustor's obligations under�his Deed a�Trust
<br /> after Trus�or's faiiure to do so, �hat dec�s�on by Lender wil� no�affect Lender-'s �ight t� declare T�ustor �n defauI�k
<br /> and�❑ exercise Lender's remedies.
<br /> Request for Noti�e. Trustor, on behalf ofi��ustor and L�nder, hereby,requests-that a c�py❑f any Notice of De-Fault
<br /> and a �opy o�any Not�ce of Sa�e under�his Deed ❑f Trus��e mailed�o them at�he addresses se�f�r-�h in-�he first
<br /> paragraph af this ❑eed of Trus�.
<br /> A�t-�orneys' Fees; Expenses. it Lender- insfi�utes any suit or ac�ion to enforce any af �the te�ms nf �his Deed o�
<br /> Trust, Lende�shall be en�i���d to re�aver such sum as the court may adjudge reasonable as at�orneys' fees at trial
<br /> and upan any appeal. Whe�her or nat any court action is in�ol�ed� and fo �he exten� n�� prohibi�ed by �aw. a��
<br /> reasonable expenses Lender incurs �hat in Lende�'s opinion at-e necessary at any �ime for the pra�ectian af its
<br /> in�erest or�he en�vrcemenf of its rights shaZI be��me a part of�he lndeb�edness payable❑n demand and sha1� bear
<br /> in�eres� a� �he Gredit Agreement rate from the date o� �he expenditure unfil repaid. Expenses co�ered by this
<br /> paragraph incIude, wi�haut Iimitation, howe�er subject to any �im��s under app�icable law, Lend�r's attarneys` fees
<br /> and Lender-fs legal expenses, whether or not �he�e is a lawsuit, including at�o�neys' fees and expenses for
<br /> bankruptcy pr�ceedings {including efforts to madify or�aca�e any automatic stay or injunction}, appeaIs� and any
<br /> anticipated post judgment co!lection ser�ices, the cos� of searching records, obtaining title repvrts {incIuding
<br /> �oreclosur� reports}, su�eyors' repa�ts� and appraisaI fees, title xnsurance, and �ees�or the Trus�ee,ta the ex�ent
<br /> permitted by applicable iaw. Trustor aIso will pay any cour-r cos�sr in add�tion fo all other sums provided I�y law.
<br /> Righfs of Trustee. Tr-us�ee sha�� ha�e al� ❑f�khe rights and duties of Lender as se�forth in�his sec�ion,
<br /> P�WERS AND OBLIGATIDNS �F TRUSTEE. The fo�lowing p�o�isions �-elating�o the powers and obliga�ions af Trus�ee
<br /> are par�af�his Deed of Trust:
<br /> Powers ❑f Trusfee. !n addition to all pawers �f Trustee arising as a mat�er�f law�Trustee shal! ha�e the power-t❑
<br /> take the�vi�owing actions wi�h respect tv�he P�operty upon�he writ�en requ�s�of Lender and Trustor: �a}join in
<br /> preparing and filing a map ar plat ❑f the Real Prvperty, inc�uding �he dedica�ion n� s-�reets or other righ�s to the
<br /> pu�Iic; (b� Join in gran�ing any easemen� or crea�ing any r�s�ric�ion on the Rea! Property; and �G] join in any
<br /> subordination❑r other agreemen�affec�ing this Deed ❑�Trus�or�he in�eres�o-F Lende�-under�his Deed of Trus�.
<br /> Trustee. Trus�ee sha!! mee� all qualifica�ions required for Trusfee under applicable law. In addi�ion to the righfs
<br /> and rem�dies se�farth above� with r�speot fa aII ot� any pa�-t ❑f�he Prope�ty, �he Trus�ee shall ha�e the right to
<br /> fore�Iose by notice and sale, and Lender- will ha�e the right-�o �oreclose by judicial foreclasure, in either case in
<br /> accordance with and ta the fu�I extent pra�ided by applicable law.
<br /> Suc�essor Trustee. Lender, a�Lender's op�ion, may from time to time appain�a successor Trustee�o any Truste�
<br /> appointed under this Deed of Trus� by an inst�umer�t exe�uted and a�knawiedged by Lend�r and recorded in �he
<br /> of�ice of the reco�der v� Hall Coun�y, S�a�e ❑fi Ne�r�aska. The inst�um�n� sha11 c�ntain, in addi�ion ta al! o�her
<br /> mat�ers required by s�a�e lawr the names a� �he o�-igrnal L�nderr Trustee,-and Trustorr the boo� and page �ot-
<br /> compu�er system reference} where �his Deed of T�ust is recorded, and �he name and address af the successor
<br /> �rustee, and�he insfrumenf shaII be execu�ed and aGknowIedged by aII the beneficiaries under this �eed a�Trust or
<br /> �heir successors in interest. The su��essor�rustee, without can�eyance af the Praperty, shall succeed to a�� the
<br /> �ifle, power, and duties confer-�ed upon the T�us�ee in�his Deed af Trust and by applicable �aw. This procedure fo�-
<br /> subs�itu�ion❑f Trustee shall go�ern to the exclusian❑�all o�her pra�isions for substi�utian. �
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