2� 1 ��4�49
<br />� DEED DF TRUST
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<br /> ��onf[nued} Page �
<br /> enforce any flf the ca�enan�s hereof; and �
<br /> �c� Deli�er�o Trustee a writ�en declaratian❑f de�ault and de�-nand for safe and a written notice o�defauIt
<br /> and �fecfi�n to cause Trusto�'s in�erest in the Pr'operty ta be svfd, which notice Trus�ee shall cause�❑ be
<br /> duIy filed fvr record in�he appropriate office�a��he County in v�rhi�h the Pt'aperry is �ocated; and
<br /> {d� With respect to all ❑r any part❑��he P�rsonal Property, Lender shall ha�e aCl the rEghts and remedies
<br /> of a secured party under the Nebraska Uniform Commerciaj Cade,
<br /> FarecIosure by Power o�Sale. 1-�Lender eiects�o f�recIose by exer�ise vf�he Power o�SaIe herein contained,
<br /> Lender shaII no�ify Trustee and shal� deposit with Trustee this Deed of Trust and fhe Credit Agreemen� and
<br /> such r�ceipts and e�idenc�of expenditures rr�ade and secured by�his Deed of Trus�as Trustee may�equire.
<br />� �a} Upan receipt o�such notice from Lender,Trustee sh�II cause tv be recot-ded, pubIished and delivered
<br />' to Trustor such N.otice o�DefauIt and No�ice o-�Sa�e as then required by law and �y this ❑�ed of Trus�.
<br /> Trustee shailr wifhout demand vn Trustor, after such time as may �hen be required by Iaw and af-ter
<br /> recordation vfi such Notice ❑f Defauit and af�er Noticg o�SaIe ha�ing been given as required by Iaw, sell
<br /> the Praperty a� �he fime and pIace of saI� fixed by if in such Natice of Sale, ei�her as a whale, or xn
<br /> separa�e lo�s or parceI�ar�tems as T�us�ee shai�deem expedient, and in such order as it may de�ermine,
<br /> a� pubIic auc�ion�� th� highest bidder�or cash in lawfuf money o�the United Sta�es payable at�he�ime
<br /> of saIe. Trus�ee shaIl de�i�er �o such pur�haser or purchasers thereaf its good and �u-F�icient deed or
<br /> deeds ��n��ying �he property so sold, bu� wi�hout any correnan� or warranty, express or implied. The
<br /> recifa�s in such deed of any mattet-s ❑r�acts shaIl �e conclusi�e prvof vf�he �ruth�ulness thereo�. Any
<br /> persan, including wi�hout limi�a�ion Trustor,Trustee, ❑r Lender, may purchase at such saCe.
<br /> �b} As may be pet�mitted by lavv, after deducting alf.cos�s, fees ar�d expenses af Trustee at�d af this
<br /> Trust, in�luding costs❑�f e�idence❑f�i�Ie in connec�ion with sale,Trus�e�sha!!apply the proceeds of sale
<br /> to paymen� of �i} aII sums expended under the terms of this I�eed o�Trust vr under fhe terms af the
<br /> Credi�Agreemen� no��hen �-epaidr inc�uding bu� no� limi�ed to accrued in�erest and ia�e charges, �ii} afl
<br /> o�her sums then secured hereby, and �ii�} �he remaind�r� i�any,to fhe person or persons Iegally enti�led
<br /> thereto.
<br /> �c� Trustee may in�he manner provided by law p�stpone sale❑�aII ar any p�rfion of the Property.
<br /> Remedies Nofi ExcIusi�e. Trustee and Lender, and each o� them{ shal� be en�itled �o en�orc� paymen� and
<br /> performance o�any indebtedn�ss vr obIiga�ians secured by this D�ed af Trus�and to e�cercise aII righ�s and powers
<br /> under�his ❑eed o�Trust, under the Credit Agre�ment� under any ❑-�the ReIated Documents, or under any other
<br /> agresment or any jaws naw or �ereafte�- in fvrce; notwithstand�ng, some or all a� suah indebfedness and
<br /> obIigations secured by fhis Deed ❑�Trust m�y now or hereafter he otherwise secured� whether by mortgag�, deed
<br /> of�rust, pledge, lien, assignment❑r atherwise. Neither fhe acc�p�ance ofi this Deed o�Trus�nor its enfarcement,
<br /> whether by aourt a�tion vr pursuant to the power ofi saIe or othet- power� �on�ainad in this Deed af Trust, shaII
<br /> prejud��e or in any manner affeGt Trus��e's ar Lender's right ta realize upon or enforce any other security now ❑r
<br /> hereafter held by Trustee or-Lender� it b�ing agt-eed tha�Trus�ee and Lender, and each of�hemr shall be enfiffed�o
<br /> enfor�e �his ❑�ed of Trus� and any ❑ther secu�ity now nr hereafter held by Lender or T�us�ee in such order and
<br /> manner as they or either ❑� �hem may in their absoIu�e discretion de�ermine. No remedy conferred upvn or
<br /> reser�ed to Trustee ar Lender, is intended t❑ be exc�usi�e ❑� any other remedy in t�is ❑eed a�F Trust or by �aw
<br /> pra�ided or permit�ed, but eaGh shaII be cumuIafii�� and shaII be in addi�ion tv e�ery other remedy gi�en in this
<br /> Deed of Trusf or now ar hereafter exis�k�ng at[aw or in equity or by s�tatu�e. Every power or rem�dy gi�en by�he
<br /> Credit Agreemenf vr any ❑� �he ReIated ❑vcumen�� to Trus�e� ❑r L�nder or ta which �i�her of rthem may be
<br /> o�herwise entitled, may be exer�cised, cancurrently or independently, -�rom �ime to �ime and as often as may be
<br /> de�med expedient by Trustee ar Lender, and either of them may pursue in�onsis�ent remedies. Nathing in this
<br /> Deed of Trus�shal[ h� canstrued as prohibi�ing Lender from seek�ng a defici�ncy judgment agains�the Trustor-�o
<br /> �he ex�ent such ac�"ron is permitted by law.
<br /> Eiection of Remedies, AI� ❑f Lender�s rights and �em�d�es wiII be cumu�a�ive and may be exercised alone or
<br /> togefher, if Lender- decides �o spend money or to perform any of Trus�ar's obIiga�ions under�his Deed of Trust,
<br /> af�er Trus�ar's �ailure t❑ do sv, �hat decision hy Lender will nvt a##ect Lender's right to declare Trustor in defauIt
<br /> and�a exercise Lender's remedies.
<br /> Requesfi for Natice. Trusto�-{ on behaIf o�Trustar and Lend�r, hereby reque��s tha�a copy a�any Nofice a�Default
<br /> and a capy❑�any Natic���5ale under this Deed of Trust be ma"rled fo them at the addresses set forth in the firs-�
<br /> pa�agraph❑f�his Deed o�Trust,
<br /> Attvrneys' Fees; Expense�, if Lender insti�u�es any suit or a�tran to en�o�ce any of the terms of this ❑e�d o�
<br /> T�-ust, Lender shaII be entitled to re�o�er such sum as the court may adjuc�ge"reasonable as attorneys' �Fees at trial
<br />� and upon any appeal. Vllhether a� nnt any court actian i� in�ol�ed, and to �he exten� not prohibifed by Iaw, all
<br />' reasonable expenses Lender in�urs tha� in Lender's opinion ��-e necessary a� any �ime -Far -�he pra-�ect�on nf i�s
<br /> in�er�s��r�h�en�orcement af i�s righ�s sha1� become a part af the Indebfedness payable on demand and shall bear
<br /> interest at the Credit Agreemen� rate �Fram the date of �he expendi�ure un�til repaid. Expenses covered by this
<br />' paragraph incIude, without Iimi�a-Civn, however subject�o any �imits under appIicable Iaw, Lender-'s a-t�arneys' �Fees
<br /> and Lender's Iegal expenses, whether or not �here �s a Iawsuit, including attorneys' fees and expen�es far
<br /> bankruptcy proceedings {incIuding efforts t❑ modify ar�a�a-�e any automatic stay or in�unction}r appea�sr and any
<br /> an�icipated pos��udg�ent �ollection �etvices, the cast ❑� searching records, obtaining title rep�rts {including
<br /> �Fo�eclosure reports}r S�INB�IDI'S� reports, and appraisal �ees, ti�Ie insurancer and fees-For the Trustee,t❑ the extent '
<br /> permitted by applicabie Iaw. Trus�ar aIso will pay any cau�cos�s, in additian�❑ar[ ather sums pro�ided by faw.
<br /> Righ�s of Trustee. Trustee shail ha�e aII o��he righ�s and duties of Lender as set�orth in�his secfiion.
<br /> P�WERS AND �BLIGATI�NS �F TRUSTEE. The foIIowing provisions relating�o th� powers and obiiga-�ivns af Trustee
<br /> are part of�his Deed of Trus�: �
<br /> Powers of Trustee. In addition t❑ aZ� powers��F Trus�ee arising as a matter of law,Trus�ee shai[ have the power-�o
<br /> �ake�he following ac-tivns wi�h respect to�he Property upan�he written requ�st of Lend�r and Trus�or: [ay join in
<br /> preparing and filing a map or- plat af the ReaI Property, including �he dedicatian o� s�reets or other rights to the
<br /> public; {b� join in granting any easement or creating any res�riction on the F�eal Praperry; and {�} join in any
<br /> subordination ❑r�ofher agr�ement affecting�his ❑eed ❑�Trus�or�he interest o�F Lender under this �eed of Trust.
<br /> Trustee. Trusfee sha�� mee-C ail qualifi�ations required �or Trustse under appIicable law. ln addi�ivn t❑ the righ�s
<br /> and remedies set forth abo�e, with r-espect�o aI1 ar any part af the Praperty, the T�-us�ee shal� ha�� the right to
<br /> -�areciose by na�kice and saler and Lender wi!! ha�e �he right t� farecIase hy judicial farecIosurer in either case in
<br /> ac�ardance with and tv the ful� extent pro�ided by applicable law.
<br /> Successar Trustee. Lender, at Lenderfs ❑p�ion, may�rom�ime�❑time appoint a su�cessor Trustee t❑ any Trustee
<br /> appoin�ed under this Deed of Trus� by an ins�rument e�ecuted and a�kriowledged hy Lender and �-�corded in �he
<br /> offi�e of �h� reGorder of Hall County, Stafie ❑� Nebraska. Th� instrumenf shall contai�, in addi�ion to ail vfher
<br /> mat�ers required by s�ate law, the names of the o�iginal Lender, Trustee� and Tr-ustorr the book and page {or
<br /> campu�er sys�em referen�ey where this D�ed of Trust is recorded, and th� name and address vf the successor
<br /> ��us�ee� and�he ins�rument shaU be executed and acknowledged by all�he hene�iciaries under th�s aeed❑f Trust or
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