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2� 1 ����41
<br /> DEED �F TRUST`
<br /> LQan �lo: 'I�'I 2983?6 ��otltir�u�d� Page 7
<br /> of a breach af the same pro�ision❑�this De�d a�Trust within the pre��ding�we[�e ���} months, it may be cured if
<br /> Trustor, afte� Lender sends written notice to Trustor demanding cu��e of such default: ��y cures the defauit within
<br /> fif�een {'�5} days; vr ��} if the cure requir�s more than fifteen t�5} days, immedEately initia�es steps which Lender
<br /> d�ems in Lender's soie discretivn to be sufficient tv cure the default and fihereafter canfiinues and comple�es a��
<br /> r�asonable and necessary steps sufficient�❑ produce cvmp[iance as svvn as reasanabiy prac�ical.
<br /> RIGHTS AND REMED�ES DN DEFAULT. ff an Event of Defau�t�ccurs under fihis �]eed vf Trust, at any tim�thereafter,
<br /> Trustee or Lender may exercise any one❑r more❑f the fo!lowing rights �nd remedies:
<br /> Acceieration Upon Default; Additional Remedies. �f any E�ent ❑�f ❑efauEt vccurs as per the terms a�the Nate
<br /> secured hereby, Lender may deciare a!I lndebtedness secured ��y�his ❑eed vf Trust tv be due and payahle and
<br /> th� same shall thereupon bec�me due and payable w�thaut any� presentm�nt, demand, protes�or notice of any
<br /> kind. Thereafter, Lender may;
<br /> ' {a� EEther in person or by agent, with or without bringing any activn ar proceeding, or by a rece��er
<br /> appvinted by a cour� and wifihout regard to #he adequacy vf its securi#yr enter upon and take possession
<br /> v#th� Property, or any part#h�reaf, in its own name or in the name of Trustee, and d❑ any ac�s which i�
<br /> deems n�cessary ar desirable to preser�e the�alue, mark�etability or rentahili#y of�he Praperty, ❑r part❑�
<br /> the Property ar interest in the Property; in�rease the incvme �rom the Prflper#y or protect the security of
<br /> the Praperty; and, with or wEthout taking passession of �he Prvperty, sue �or or otherwise co[lect the
<br /> renfis, issues and profits v�the Propertyf including those past due and unpaid, and app[y the same, less
<br /> costs and expenses�f aperation and collection a�torneys' �Fees.to any indebtedness secured by�his I7eed
<br /> a� Trust, a11 in such order as Lender may defiermin�. Tl�e �n�ering upon and �aking possessivn ❑f �he
<br /> Prop'er#y, the callectinn af su�h rents, [55E.J�S and profi#s, and the applicafiion thereof shall no� cure or
<br /> wai�e any defiau�t ar notice of defau[t under this ❑eed of Trust or invalidate any ac� dane in response t❑
<br /> such default❑r pursuant to such nvtice of defau[t; and, notw�thstanding the continuance in possessi�n ❑f
<br /> the Property or the collectianf receipt and applica�ion ❑fi �enfis, issues o� profits, Trustee ❑r Lender shal[
<br /> be entifiled to exercise e�ery right pro�ided for in the N�tQ vr the Related Do�umenfis or by Iaw upon the
<br /> occurrence af any e�ent af defaul�, inc�uding the right ta exercise the pvwer❑f saEe;
<br /> �by Cvmmen�e an actian to foreciose�his Deed ❑t Trust as a martgage, appoint a �ecei�er or spe�ifically
<br /> en�orce any❑f#he cv�enan�s hereofi; and
<br /> {c} Def i��r#a Trustee a wrEtten de��ara�ion of default and demand fvr sale and a written natice a�defaul�
<br /> and election ta cause Trus�or's in�erest in the Prvper�ty to be svfd. which no�ice Trus�ee sha�l cause�❑ be
<br /> du�y filed fo�-record in the app�opriate af�ices of the Cvun�:y in whi�h the Property Es �ocated; and
<br /> �d} V11ith respect to a11 or any par�vf the Persana[ Property, Lender shall ha�e af[the rights and remedies
<br /> a�a secured party under the Nebraska lln��vrm Commercit�l Gode.
<br /> Foreciosure by Pvwer of 5aie. lf Lender e[ects to fvreclose by exercise vf the Pawer af 5ale herein cantain�d,
<br /> Lender sha[E noti�y Trustee and shal� depvsit with Trustee this ❑eed flf Trust and the Note and such rec�ipts
<br /> and evidence of expenditures made and secured by�his Deed af Trust as Trustee may require.
<br /> �a� Upon rec�ipt❑f such notic� �rom Lender, Trusfiee shall cause to be �recarded, pub[ish�d and deli�ered
<br /> �o Trustor such Notice of C�efauit and Notic� af Sale as then r�quired by �aw and by this Deed of Trust.
<br /> Trustee shaE[, without demand on Trustor, after such ti��ne as may then be required by law and after
<br /> recardatian o�such Notice of Defau[t and atter Nvtice af Sale ha�ing been given as required by law, sell
<br /> �he Property at the time and place ❑fi sa[e fiixed by i� in such Notic� o� Sale. either as a whole, or in
<br /> separate lots ❑r parcels or items as Trustee shall deem expedient� and in such order as it may determiner
<br /> at publiG auc�ion t❑the highest bidder for cash in lawful rnoney ❑f the United 5tates payable afi the time
<br /> af safe. Trustee shall deli�e� to such purchaser ar purchasers the�eof its good and sufficient deed ❑r
<br /> deeds con�ey�ng the prvperty so svld, but wi�hout any c:avenant v� war�anty, express ar imp[ied. The
<br /> recita[s �n such deed ❑f any matters ❑r fiacts sha[[ b� cor�c�usi�e proof of the truthfulness therea�. Any
<br /> persvn, in�luding wi�haut limita�ian Trustor,Trusfiee, ❑r Lender, may pu�-chase at such sale.
<br /> �b� As may be permitted by law. after deducting all costs, tees and expenses of Trus�ee and vfi this
<br /> Trust, incfuding costs of e�id�nce vt title in connectian wi�h sa��,Trus�ee shall apply the prviceeds vf sale
<br /> to payment of �i} aIE sums expended under the te�rms of th�is D�ed❑f Trus�or under the terms of the No�e
<br /> nv� then repaid� incEuding hut not �imited ta accrued interest and �a�e charges, tiiy a!I other sums then
<br /> secured hereby, and {iii}the remainder, if any, to the person or persons Eegally�nti�fed thereto.
<br /> �c� Trustee may in the manner pro�ided by law postpvne�ale of a�i or any partian❑�#he Property.
<br /> Remedies No� Exc�usive. Trustee and Lender, and each of �hem, shall be enti#[ed �o enfarce paymenf and
<br /> performan�e o�any indebtedness ❑r ob[igat�ans secured by�his Deed of Trust and to exercise al� rights and pawers
<br /> under this Deed af Trust, under the Nate, under any of the Related DoGuments, or under any oth�r agreement �r
<br /> any laws now ar hereafter in torce; nvtwEthstanding. some or aII ❑f such indebtedness and abEigations seCured by
<br /> this ❑eed of Trust may now nr h��eafter be otherwise secured, whether by mortgage, deed ❑f trust, p[edge, [ien,
<br /> assignment or �therwise. Neither the accepfiance of this Deed of Trust nor its en�orcement, whether by court
<br /> action ar pursuant fiv the pow�r of sale or other powers cantaEned in this Deed ❑f Trust, shall pre�udic� ❑r in any
<br /> manner affecfi Trustee's ❑r Lender's right to realize upvn ❑r �nforce any other security now or hereafter he[d by
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