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2� 1 ��522�
<br /> DEE� �F T'RUST`
<br /> �Continued} Page 6
<br /> R�GHTS AND REMEDIES �N DEFAULT. If an Event of Defauft accurs under this Deed of T�ust, at any time thereaf�er,
<br /> Trustee or Lender may exerc�se any❑ne or more of the faffowing rights and �emedies:
<br /> Acceleration lJpon De�ault;Addit�vnal Remedies, If any Event of❑�faul�accurs as per the terms nf the Cred�t
<br /> Agreement seeured hereby, Lender may declare all lndeb�edness secu�ed by this Deed of Trus�to be due and
<br /> payable and the same sha�l thereupon became due and payable withou�any presentment, demand, pro�est or
<br /> notice of any kind. Thereaf��r, Lender may:
<br /> �a} Either in person or by agent, with or without bringing any actian or proceeding, or hy a recei�er
<br /> appointed by a caur�and w�thout regard to�he adequacy af its security, ente�upon and take possessian
<br /> ❑f the Pr�perty, or any pa�k ther�of, in its own name❑r in �he name af Trustee, and do any acts which ��
<br /> deems necessary or desirab�e to preserve#he Walue, marke�ability or ren�abili�y o�the Praperty, or par�❑f
<br /> �he Proper�y or int�rest in the Property; in�rease th� income from the Prope�ty or pro�ect the security a�
<br /> fhe Prope�ty; and, with or wi�hou� taking possession of the Praperty, sue far or ❑�herwise cofle�t the
<br /> rents, issu�s and profits of the Property, �ncluding th�se pas� due and unpaid, and apply the same, f�ss
<br /> costs and expenses af aperation and�o1lec�ian a#torneys'fees, ta any ind�btedness secured hy this Deed
<br /> of Trus�, aif in such order as Lender may determine. The en�ering upon and taking possessian of�he
<br /> Praperty, the collection of such �en�s, issues and prafi#s, and fhe application thereof shafl no� cure or
<br /> wai�e any d�faul�or notice of defau�t under this ❑eed of Trust ar invafidate any act done in resp�nse fo
<br /> su�h default or pursuan�to such notice of de�auft; and, notwi�hs�anding�he con��nuance in p�ssession o�
<br /> �he Praperty ar the coflection, receipt and appf�cation of rents, issues or proffts, T�-us�ee or Lender shafl
<br /> be �nt�tled to exercise e�ery right pro�ided for in the Credif Agreemen� ❑r the Related Documents ar by
<br /> law upon th�occurrence o�any e�rent of defauft, �nc[ud�ng the righ�t�exercise the power❑f sale;
<br /> �b} C�mmence an action fio fareclose this ❑eed of Trust as a mortgage, appoint a receiv�r or specifi�al�y
<br /> enforce any of the co�enants hereof; and
<br /> �c} Deli�er ta Trustee a writ�en declaration of defau�t and demand for sale and a writ�en notice of defauft
<br /> and election to cause Trustor's interest in the Proper�y ta be sold,whi�h notice Trus�ee shalf �ause to be
<br /> dufy#ifed for recard in the appropriat�fl�fices of the County in whi�h the Prope�ty is lacated; and
<br /> (d} Wll�th respect�o alf ar any par�o�#he Persona! Praper�y, Lender shall ha�re all the rights and �-emedies
<br /> o�F a secured party under the Nehraska Unifarm Cammercial Code.
<br /> Fore�fosure hy Pawer o�Sale. lf Lender efec�s to foreclose by exerc�se of the Power o�Sale herein con�ained,
<br /> Lender shall not�fy Trustee and sha�l depasi�with Trustee this ❑eed ��Trust and the �redit Agreemen� and
<br /> such rece�pts and evidence of expendi�ures made and secured by this Deed o�Trus�as Trustee may require.
<br /> �a} Upon receipt of such na�ice from Lender,Truste�shal� �ause to be recorded, pubf�shed and deli�ered
<br /> to Tr�ustar such No�ice Q�Default and Notice of Sale as then requir�d by law and by this Deed a�Trust.
<br /> Trustee shall, without demand an Trustor, af�er such ��me as may then �e �equired by law and af�er
<br /> recordatian o�F such Nflt�ce of Default and after Notice of Sale hav�ng been given as required by[aw, sell
<br /> the Pr�oper�y at the time and p�ace af sale fixed by i� in such Notice o� Sale, either as a whole, or in
<br /> se�ara#e lots or�parce[s or items as Trustee shal� deem expedient, and in such order as it may determine,
<br /> at public auG�ian to the h�ghest bidder far cash �n lawful money of the United States payable a�the�im�
<br /> of sale. Trus#�e shall d�li��r�o su�h purchaser o� purchasers �hereof �ts gaod and suff�cien� deed o�
<br /> deeds canveying �he proper�y so sold, but wi�hout any co�enant or war�anty, express or implied. The
<br /> recitals in such deed of any matters or fac�s sha�� be conc�usive p�oof o�the tru�hfulness the�eof. Any
<br /> persan, inc[uding wi#hau�limitation Trustor, T�us�ee, or Lender,may purchase at such sale.
<br /> (b} As may be permi��ed by law, after deduc�ing al� cos�s, fees and expenses o�Trust�e and of this
<br /> Trust, including costs of eviden�e of fii��e in connec�ion with sa[�,Trustee shal!appfy�he proceeds o�sale
<br /> ta paymen� o� �i} al[ sums expended under the terms af this Deed of Trust or under the terms of �he
<br /> Credi� Agreement not then repaid, including bu� no� limited ta a�crued �nterest and late �harges, �ii} ali
<br /> other sums then s�cured h�reby, and �iii} th� remaind�r, i�any, to �he p�rson or persons legally�ntitled
<br /> the�e�o.
<br /> (c} Trus�ee may in �he manner prov�ded by law postpone sal�❑f all or any pvrtion of#he Proper�y.
<br /> Remedies Not Exclus�ve. Trustee and Lender, and each ❑f them, shalf be entitled ta enforce payment and
<br /> perf�rmance of any indehtedness or obfigat�ans secured by this Deed of Trus�and to exercis�all righ�s and powers
<br /> under this Deed of Trust, under the Gredi� Agreement, unde�any of the Relat�d Documents, or under any other
<br /> ag�eement or any laws now o� hereafter �n force; notwi�hstanding, same or a�� o� such indebtedness and
<br /> obligatians se�ured by this Deed of Trus�may now ar hereafter be otherwise secured, whether by mortgage, deed
<br /> a��rus�, pledge, Iien, assignment❑�otherwise. Neith�r the accep�ance of this Deed of Trust no��ts enforcement,
<br /> whether by cour# action or pu�suant �a �he pawer of sal� ar other po�nrers contain�d in �his D�ed af Trus�, sha�l
<br /> pre�udice or �n any manner a�fiecf Trus�ee's or Lender`s r�ght t� realize upan or enforce any other security now ar
<br /> hereafter held by Trus�ee or Lender, it being agreed tha�Trustee and Lender, and eaGh o�them, shalf �e entitled ta
<br /> en�orce th�s Deed o�Trust and any other secu�ity no� o� he�eafter held by Lender ar Trustee in such o�der and
<br /> manner as they �� eifher o� �hem may in �he�r absolu�e d�scre�ion d�te�mine. No remedy conferred upon ar
<br /> reserv�d �o Trustee or Lender, is intended �a be excfusi�e o�any other remedy in this ❑eed o�Trust or by law
<br /> prov�ded or permi�ted, but each shal� be cumulative and shall he in addition to ev�ry o�her remedy gi�en in �his
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