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2� 1 ��4�88
<br /> DFED �F TRUST
<br /> - ��orltinu�d} Page �
<br /> cosfs and expenses af operafian and co!lection attQrn�ys' fees,to any indebtedness secured by this Deed
<br /> ot Trus�� alI in such arder as Lender may determine. The en�ering upon and �aking possessian o� the
<br /> Prope�y, the �ailection of such rents, issues and pr��its, and �he app�icats�n ther�of sha�� not cure or
<br /> wai�e any defaui�or notice of default under this Deed afi Trusf or invaiidate any a�t dan� in respanse ta
<br /> such de�au�f❑r pursuant to such notice v�r defautt; and, notwithstanding the�ontinuance in possession of
<br /> �he Property ❑r the coll�c�ion, receip� and appiica�ian O� �'EfltSr issues ❑r p�ofitsr Trustee or Lender shal�
<br /> be enti�led to exerGise e�ery right pro�ided for in �he Credit Agresm�n� or the Related Documents ar by
<br /> law upan�he accurr�nce v�any e�ent of de#ault, tin��uding the right to exercise the power af sa1e;
<br /> {b} Camm�nc� an actian ta fareclase�his �eed o�Trust as a rnflr�gage, appoinf a recei�er vr spe�ificaity
<br /> enforce any af the co�enants her�of; and
<br /> �c� D�li�er to Trustee a written decia�-afion of default and demand for sale and a written natice of defau�t
<br /> and election to cause Trustor's interes�in the Prope�#y to bB SDIC�, which no�i�e Trustee shaiI cause t❑ be
<br /> duly filed for re�ord in the apprapriat�affi�es af the County in which fhe Property is la�afedi and
<br /> �d� With respe��t❑ a!! ❑r any par�ot�he Persona! Property, Lender shall ha�e aii the rights and remedies
<br /> n�a secured pa�y under the Nebraska Uniform Cammer�ial Cade,
<br /> Foreciosure by Power o�F Sale. 1�Lender elects to farecIose by exercise a��he Power❑f Sale herein cantained�
<br /> Lende� shall nQ�ify Trust�e and sha1I depasi� with Trus�ee this ❑eed o-�T�ust and the ��edit Agreement and
<br /> such receipts and ��iden�e of�xpendi�ures made and secured by�his Deed ❑f Trus�as Trustee may require,
<br /> {a} Upon receipt o�such notic�from Lender, Trustee shall cause�o be reaorded, published and deli�ered
<br /> ta T�-usta�suGh Noti�e of DefauZt and Noti�e o� 5a4e as then required by law and by this Deed o�7rust.
<br /> Trustee sha�1, withaut demand on Trustar, after such time as may then be required by law and after
<br /> recardation af suGh Notice of Default and after NotiGe a�Sa1e ha�ing been given as required �y faw, s�ll
<br /> the Properky at the time and place of sale f�xed by it in suc� Notice o# Sale, eithe� as a whaie, ar in
<br /> separate lats ❑r parcels ❑r i�ems as Trust�e shaii deem exp�dient, and in suah ❑rder as it may determine,
<br /> at public auc�ion i�o �he highest bidder for cash in �aw-�ul maney af�he Unifed States payable at the��me
<br /> af sale. Trus�ee shaii deii�er to such purchaser a� purchasers thereaf its good and suffsci�nt deed �r
<br /> deeds can�eying the pr�p�rty so so1d, bu� withaut any cavenant ❑r warran�ya e�press ❑r implied. The
<br /> �-e�itats in su�h deed a-� any ma��ers ar fac�ks shall be canclusi�e proaf Qf�he truthfu�n�ss thereo-F, Any
<br /> person, including without iimitation Trustar{Trus�eef ❑r Lender, may purchase at such sale,
<br /> {b} As may be permit�ed by iaw, afker- deduc�ing a!! cos�s, fees and expenses of Trustee and of this
<br /> Trust, inciuding costs of e�ridence�t�it��in conne��ion with sale,Trustee shall apply the proceeds of sale
<br /> to payment ❑f {i) alE sums expended under fhe terms o� this D�ed af Trust Q� under the terms o# �he
<br /> Credit Agreement no�then repaid, in�iuding but not Iimited ta a�crued inter�st and late charges� {ii) al!
<br /> o�her sums t�en secured here�y, and �iiiy the remainde�, i�any, to the persan ❑r persons legally enti�led
<br /> �here�ko,
<br /> {c} Trustee may in�he manner pra�ided by Iaw pas�pone sale❑-F a!! ❑r any portion a�the Property,
<br /> Remedi�s Not Exciusive. T�ustee and Lender, and each o� fhem, shall t�e entitled �o enfo�ce payment and
<br /> performan��of any zndebtedness or ob3igations secured by this ❑eed o�Trus�and�o exercise all rights and p�we�s
<br /> under this ❑eed o�F T�us�, under �he Credi�k Agreementt under- any of �he Rela�ed ❑acuments, Qr under any �ther
<br /> agreemen� or any laws now ❑r hereaftsr in force; no�withstanding, some or a!! a� such indebtedness and
<br /> abligations secursd by this D�ed o�Yrust may now o�hereafter be �therwise secu�ed, whether by martgage, deed
<br /> af�rus�, p�edger lien, assignment or otherwise. Nei�her fhe acceptance of this Deed af Trus� nar i�s enfarcement,
<br /> whether hy court action or pursuant t� the power- of sale or other powers contained in this Deed o-�T�-ust, shali
<br /> preludice ❑r in any manner a�fect Trus�ee's ar Lender`s right to ��alsze upon or �n�orce any other security now or
<br /> herea�fte�r heid by T'rustee or Lender, i�being agreed that Trustee and Lender, and each a�F them, shalI be entit�ed t❑
<br /> en��r�e �his Deed of Trus� and any other se�urity now or hereafter he�d by Lender ar Trustee in su�h arder and
<br /> manner as they or either af them may in �heir ahsolute discretion determine. No remedy conferred upan o�-
<br /> reser�ed ta Trustee o� Lender, is intended ta be �XCILlSfV� a�F any ather remedy in this Deed o�F Tru�t or by !aw
<br /> provided o� permit��d, but each shall �e cumulati�e and shajj be in addixion t❑ e�ery o�her rem�dy given in this
<br /> ❑eed o-F Trus�ar now or hereafter existing at!aw ar in �quity or by statute, E�ery power ar remedy gi�en by the
<br /> Credit Agreemen� ❑r any ofi the R�lated Documents tv Trust�e or Lender or to which either a� �h�m may be
<br /> otherwise entitled, may b� exercised, cancurrently ar indep�ndentIy, from �ime to t�ime and as aften as may be
<br /> deemed expedient by Trus�ee or Lender, and either of th�m may pursue inconsistent remedies, Nothing in this
<br /> Deed af Trus�shaff be construed as prahibifing Lender firom seeking a defi�iency judgment agains�the Trustar ta
<br /> the extent such action is permitted by law.
<br /> Ete�tion of Remedies. All of Lender's �igh�s and remedies will be cumulati�e and may be exercised alane or
<br /> �ngether. lfi Lender decides �❑ spend money ❑r to perform any of Trus�or's ❑bliga��ons under�his Deed a�Trus�,
<br /> after Trustor's �ailure �a d❑ sa, that decisian by L�nd�� ws41 no� affect L.ender's right�o declare Trustor in defaut�
<br /> and to exercise L�nder's r�medies.
<br /> Request for Noti�e. Trustor, on behalf of Trus�or and Lender-, h�reby requests that a copy o�F any Notice ofi Defaui�
<br /> and a capy of any No�tce of Saie under this �eed �f Trust be maiied to �hem a�the addresses set#vrth in the first
<br /> paragraph o�this a�ed of Trus�.
<br /> At�orneys` Fee$: Expenses. �� Lender institu�es any suit vr a�tian �o en�orce any o� the terms af this ❑eed of
<br /> Trust� Lend�r shal! be �ntitled to reco�er such sum as the court may adjudg� reasanabie as attarneys' fees at�ria!
<br /> and upon any appeai. Whefher ar nat any caurt action is in�a�Wed, and tv the ex�ent no� prahibited by law, ali
<br /> reasonable expenses Lender incurs that in Lender`s opinian are necessary at any �ime for the p�otection af its
<br /> interest❑r the en�arcemenfi o�its �igh�s shal] become a part of�h� lndebtedness payable vn demand and sha!! bear
<br /> interes� at the Gredit Agreement ra�e from �he dat� o�F fhe expenditure unti� repaid. Expenses �over�d by this
<br /> paragraph include, withou� limitation, howe�e�-subjec�to any iimits under applicable �aw, Lende�'s attarneys' fiees
<br /> and Lende�-'s jegaj expenses, whether or not there �s a lawsuif, inctuding attot-neys' fees and expenses for
<br /> bank�uptcy proceedings �including efforts ta madify or Wacate any automafic stay v� injunc�ian}, appeals� and any
<br /> anticipated post judgmen� calle�t�on ser�ices, the cost of searching records, abtaining titie repar�s {including
<br /> foreclosure reports�, surveyor�` �eparts, a�d appraisa� �ees, �;�ie �nsurance, and �e�s for the Trustee,to the extent
<br /> permit�ed by applicable law. Trus�or also will pay any cour�costs, in addition t❑ a!!❑ther sums pravided by law.
<br /> Rights vf Trustee. Trustee sha�l have al1 of the rights and du�ies o�Lender as se�farth in this sec�ion.
<br /> PDWERS AND OBLl�ATIaNS �F TRUSTEE. The fo!(awing pro�isions relating to�he powers and obliga�ions of Trusfiee
<br /> are part of this L7eed af`I'�ust:
<br /> Pow�rs of Trustee. In addition to a!l powers o�T�uste� arssin� as a�natte����aw,T�uste�sha�F �ave the powe�to
<br /> take�he fallawing ac�ions with respeGt�o the Property upon�he written reques�af Lender and T'�ruStar: �a� join in
<br /> preparing and fifing a map or pla� of the Real PrQperty, fncluding the dedicatian of streets �r o�her ri�hts �o �he
<br /> pubIic; �b} jvin �n granting any easemen� or �reating any restri�tion ❑n �he Real Property; and ��� �oin in any
<br /> subordination ar��her agreemen�a�Ffecting this Deed o�F Trust ar the inte�-est af Lender under this Deed ofi Trust.
<br /> Trustee. Trustee sha!! m�et al� qualifications r�quired for Yrustee und�r applicabie law. In addition �o �he rights
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