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2� 1 ��4388 <br /> ta ex��ute and delir�e�-�o�he p��r�haser or p���-chasers a� �uch sal� any d�eds of conWeyance b�od and suff�ient a� <br /> �a�v, purs�.an�to the s�a�u�e in s�ach case mad� and pravided. The Trus�e� sha�I apply the proceeds of the Tr��ste�'s <br /> sale, first, �o �he cos�s and e�penses of exercising�he pctiver of sa�e and of the sa�e, in�lud�ng ti�e payment of�he <br /> Trustee's fees actual�y �n�urred; second, �a payment o��he ob�igation secured by �he �rust deed; �h.ird, �a �he <br /> payment of junior trust deeds, mortbages, or o�her ��en�olders and the balance, if any, to the person or p�rsons <br /> Iegally enti�led �hereto. The reci�als �n the Trustee's de�d shal� be pr�rna fa�ie evidence of �he tru�h of �he <br /> s�a�ements made zn it. �f�ender ch�oses�o inv�k��he pa�rer of sale, Lender or Trus�ee v�riil provid�notice ���sa�e <br /> pursuant to appl�cable lav►�. Any su�h sale �r a sa�e ma�.e pursu�n� �fl a judgm�n� or a d�cree far the forecic�sure <br /> h�r�of may, at the aption of �ender, b� made en �asse. The cammen�emen� of pr��eedings to fareclos� this <br /> 5e�uri�y Ins�rumen� in any manner au�horized by lawv shal�b�deemed as�xerc�se of th�above opti�n. <br /> Upon �he ��cur�-ence of an Event of Defaul�, L�nder s�aa�l immedia�ely be enti�led to make app�ica�ion for� and <br /> obtain the appointment of a recei�er for�he Property an� �f the earnin�s, incQme, issue and prafits �f it, vvi�h�he <br /> pow�rs as �he court makin� the appointments confers. Grantor hereby irr��ocably consents to such app�intmen� <br /> and�uaives notice of any application ther�for. <br /> NQ �'VA�V�R. No de�ay or failure �f L�nder �o �xerci�e any r�ght, remed}�, povver or p�-ivilege hereunder sha1� <br /> affect tha�ri�ht,�emedy, potiver or p�-ivilege nor shall an��singie or par�ial exercise thereof prec�ude the exe�-c�se of <br /> any right, remedy, power or pri�i�ebe. No Len�er delay or fai�ure to demand strict adherenc� �a the terms of�his <br /> Security �nstrumen�shal� be de�med t� constitu�e a cour�e af conduc� inconsis�ent with �ender's right at any t�me, <br /> before or after an eWen� af defaui�, to demand stri�� adheren�� �o �he �erms af this Security Ins�rument and �h� <br /> Related Dacuments. <br /> SUBSTITUTE TR.USTEE. Lender, at i�s option, may from ti�ne t� �ime rexnoWe Trustee and appoint a succ�ssor <br /> trus�ee �o any Trus��e appoin�ed hereunder b� an �ns.�rumen� re�orded in �he c�un�y in �vhich �his Security <br /> �ns�rumen� is recard�d. �i�hout conveyance Qf the Property, the su��essar �rustee shai� suc�eed �o a�I �he titie, <br /> power and du�ies conferred upon Trus�ee h�rein and by a�plieable�a�v. <br /> J[)�NT ANI] SEVERAL LIABILrTY. �f t��is Securi�y �nstru�nent should be signed by mare than one p�rson, al� <br /> persons execu�in��h�s Secur��y�ns�rument agree�hat�het�sha�l be j oin��y and se�erally bound,where p�rmit��d by <br /> law. <br /> S�J�V�'�AL. Lender's rights in this Security �nstrument wi�� continue in its succ�ssors and assigns. This Security <br /> Instrument is binding on alI heirs,executors, administratcrs, assigns and successors of Gran�or. <br /> N�TxCES AN`D '�VAIVER. �� NC]TI�E. Unless othervv�se required by applicable �av�, any no�ice or demand <br /> gi�en by Lender to any par�y is considereci effe�tive: �i:� �nrhen it is deposited �n the United S�ates Mai� v�vi�h �he <br /> appropriate postage; �ii} �h�n it is sen� via eie��ranic mail; �ii�� when it is sent via facsimi�e; �i�} when i� is <br /> depos�ted �ith a na�ianally recognized ov�rnigh� c�urier s�r�ic�; �v� on the day �f personal delivery; or �vi� any <br /> �ther�ommercially r�asonab�e means. A copy of any no�ice shall b� sent to each par�y a��he address �f the patrty <br /> �iven at the be�,inning of this Seeuri�y Instrumen� uniess an al�ernati�e address has been pr�vided ta Lender i.n <br /> �ritin�. To �he ex�ent permitted by �aw, Gran�or wai�es �Qtice af Lender's acc�p�an�e of�his Security Instrument, <br /> defenses based on sureCyship, any defense arisina fi om any electi�n by Lender under the United Sta�es Bankrup�cy <br /> �ode, Uniform Commercial Code, as enact�d in the s�a�e v�h�r� Lender is locared or other app�icable Iaw or in <br /> equity, demand, noti�e �f ac�e�era�ian, notice of nanpa�ment, presentm�nt, prot�st, notice of dishonor and any <br /> other not�ce. <br /> REQUEST F�R NQT��ES: Gran�ar requ�sts tha�copi�s of�he no�ic�of defau�t and no�ice of sale be sen�ta the <br /> address of each parry�iven at th�beginnin�af the Se�uri�y Instrumen�. <br /> TC] T�-I� E�TENT PERMITT�D BY L.�V�, G�AN`T�R 'VUA�VES AI�Y RY�HT T� N4T�C�, �TI��� <br /> T�AN THE N�T��� pRt�VYD�D AI3Q'V�, AIV�D '�VAIVES AN� R�GHT T� ANY �EAR���, <br /> JUD���AL (]R �THER'�V�SE, P�.��R TC3 LEI�I�ER. E��RCIS�NG �TS RIGHTS 1.1�NDER 'I'H�S <br /> SE�URITY �NSTR�JMEN�T. <br /> '�YAI'��R �� APPRAIS��VIENT R�GHTS. Gran�or �rai�es al� appraisement righ�s relatin��o �he Prapert� �a <br /> the�x�en�permi��d by�aw. <br /> �E�DER'S ��PE,NSES. Gran�or agrees to pay all expenses incur�red by Lender in�annect�on�r��� enforcemen� <br /> of i�s rights under the �nde���dness, this Security Ins�rument or .�ri�he e�ent Lender is made parry t4 any Ii�igat�on <br /> because of the exis�ence of the �ndebtedness or�his Sec�r��y �ns�rument, as�eil as�ourt�osts, �ol���t�on�h�irges <br /> and reasonable at�arneys'f�es and disbursements. <br /> ASS�GNA�IL�TY. Lender may assi�n or othervsrise �r�nsfer this Security �nstrum�nt or any Qf Lender's righ�s <br /> under �his Security Instrumen� without n�tice �� Gran�or. Gran�or may no� assign th�s Se�uri�y Ins�rument or any <br /> part af th� Secur�ty �ns�rument�vi�hout the�xpr�ss�ri�ten consen�of Lender. <br /> ��VERNING LAVV. This 5ecurity �nstrumen� wi�I be �o�erned by�he �aws of the State �f Nebraska inc�udin� <br /> a�l proceed�ngs arising from�his Secur��y�nstrument. <br /> S�VERABXLITY. If a �our� of eompetent jurisdictiic�n dete�-mines any �erm or pr��ision of this Se�uri�y <br /> �ns�rument is invalid ar pr�hibited by applicable law, �hat �erm �r provisian v�vill be ineffect��e to th� e:�tent <br /> re�uired. Any term o�•pravision that has beez� detern��ne�. ta be �nval�d or prohibit�d vvi�l be sever�d from�he res� <br /> gf the Seeuri�y �nstruna.en� wi�hou� invalidating �he rem�inder of either the affect�d pr�vision �r �his Securi�y <br /> �ns�rumen�. <br /> �Z00�-2Q t 5�oinpliance Syyt�n�s,Inc.68F9-CG�4-2Q 15.31.3.t425 <br /> Cart�mercial Rea�Estate S�curity lnstrument-DL44�7 Pagc:�of S w��n�,compliancesyst�rt�s.cam <br />