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2� 1 ��� 111
<br /> DF�C� �F TRUST
<br /> Loan No: '��31�����6 ��ontinued� Page 6
<br /> �a� Ei�her in person or by agen�, with �r vvifihout bringin� any actian �r proGeeding, �r �y a recei�er
<br /> ap�ointed by a �vur� and withou� regard '�o the adequacy a� its s�curity, en�er upan and�ak� pas�sess�on
<br /> v��he Prvperty, ar any part thereo�, in i�s �wn nam� ar in the name ❑f Trusfiee, and da any �cts which it
<br /> deems necessary ar desirable to pr��er�e the �aEue, marke�a�ility o� ren��bElity ❑f the Prop�rty, �r part o�
<br /> �he PrQperty or in�erest in �he Praperty; in�rease '�he income from th� Property ar pratec�the securFty ❑f
<br /> �he Pro�erty; and, with or withvut taking possession of the Proper�y, sue �or or v�herwise collect �he
<br /> rents, issues and pro�its ot the Property, including '�hvse pas� due and unpaid, and apply �he sarne, less
<br /> �os�s and �xpen��s of vpera�ian and collectian attarneys' �ees,to any indebtedness secu�ed by this Deed
<br /> o# Trust, all in such o�der as L�nder may de�erm�ne. Th� ent�ring upvn and taking �vss�ssivn a� th�
<br /> Prnper�y, the cvllectian ❑f such ren�s, issues and pro�i�s, and �he app3ic��ian �hereo# shall n�t cure ❑r
<br /> wai�e any d��aul�qr no'�i�e ❑f de'��uE� und�r thEs ❑�ed nf Trus�or En�alid��e any act dvne in respvnse to
<br /> such d��aul�or pursuant ta such notice ❑f default; and, no�withstanding�he c�n�inuance in possessian❑#
<br /> the Property or the c�llectian, receipt and application o� rents, issues or profits, Trus�ee ❑� Lender shal!
<br /> be entit�ed to exercise e�ery right prvWided far in the Na�e vr the Related �o�uments or by la�r upon th�
<br /> vccurren�e❑�any e�ent��de�Fault, including the right tv ex�r�ise�he power Qf sale,
<br /> tb) Cammence an ac�ion to �orecl�se�hEs Deed ❑f Trust as a mortga�e, appvint a recei�er Qr s�ecificaily
<br /> en�arGe any❑#�he ca�enants herev�; and
<br /> {c� DeiE�er�a Tru�te� a written declara��on vf d��aui��nd demand �or s�le and a writ�en nn�t�ce o�default
<br /> and elec#i�n�o cause Trus�vr's in��res�in�he Proper�y to be sald, which notiGe Trustee sha[I cause tv be
<br /> duly filed�Far record En the appropriate❑��ices of the Cvunty in which the Proper�y is IoG�'�ed; and
<br /> �d} INith r�spect to all vt any part of tfie l�er�ana[ Property, Lender shall have a�S the rights and �emedies
<br /> �f a secured party under�he Nebraska Uni�Farm Commerci�l �vde.
<br /> ForeclQsur�by Pow�r o�5ale. If Lender elects'�o�ore�lose by exercise ❑�the Power of 5ale herein cantained,
<br /> Lend�r shall no�ify T'r�a�t�e and shali dcpdsi� wi�h Trustee �his Deed o�Trus� and the Nate and su�h r�ceipts
<br /> and eWidence of exp�nditures made and secured by this Deed ❑f Trus�as Trus�ee may require.
<br /> �a} L]pon receip�of su�h natice#rom Lender, Trustee shall cause ta be recarded, puh�ished and deli�ered
<br /> to Tru��ar such Natice of De�au�t and Nv�ice o�F Sa�e as then required by �a�rv and by this Qeed of Trust.
<br /> Trus��s shaf�, withvut demand on Tru�tQr, after �uch time as may then he required by law and after
<br /> r�ca�d��ion of such No��ce o�De�auft and after Na�i�e of�a1e ha�ing be�n gi�en as required �y law, sell
<br /> �he Property at �he tim� and place v� sale tixed by i� �n such Notic� v� 5ale, ei�h�r as � whvle, or in
<br /> separate Eots vr parcels �r items �s 7rustee shall d��m expedient, and in su�h order as i�may de�ermine,
<br /> a� pub[ic auctian �❑�he hEghest bidder far cash in �awful money o�the LJnited S�ates payable a�the time
<br /> af sale. Trus�ee shall deii�er tv such purchaser vr purchasers thereof i�s gv�d and sufficient deed �r
<br /> deeds con�eying the prvperty sa sold, but wi�hvu� any Gv�enan� or warranty, express or implied. The
<br /> recitafs in such de�d v� any matters vr f�c�s shall be conGlusi�e pr�o� af'�he �ruth�ulness thereof. Any
<br /> persan, inciuding wi�ht�ut limitation Tr�us�or, Trust�e, ❑r L��der, may purcha�e at such saie.
<br /> �b� As may b� permi�tted by law, after deduc�ing all costs, fees and �xpenses a� Tru��ee and o� this
<br /> Trust, inc[uding cvs�s��e�idenc� v�f ti�tle in canne��ian with sa�e, Trust�e shall apply the proce�ds of sa�e
<br /> to payment a� �i� all sums expended under the terms ❑f�his ❑eed of Trust ar under the terms o�the Nate
<br /> nat then repaid, inc�uding but not limi�ed �o accrued interest and ia�e char�es, tii� al� other sums then
<br /> s�cured hereby, and �iii}the remainder, �t any, fa the per�an ar persans legaliy enti�fed thereto.
<br /> �cy Trustee may in�he manner provided by law postpone s�aie o#a�l ❑r any��rtion o�the Praper�y.
<br /> Remsdies No# Ex�lusive. Trust�e and Lend�r� and �ach o� �hem, shall be en�i�led �v en�vrce payment and
<br /> per�Qrm�nce�f any indeb�edness❑�obliga�ians secured hy this [7eed o�Trust�nd ta eacercise all righ'�s and pawers
<br /> under this ❑eed v�f Trus�, under the No�e. under any of'�he Related Dvcumen�s, or under any ather agreement or
<br /> any laws naw or hereafter in for�e; no�withstanding, svme vr all ❑#such indeb�edness and obligations secured by
<br /> this Deed af Trus� may naw or hereafter �e otherwise secured, whether by mortgage, deed vf�rust, p�edge, lien,
<br /> �ssignment �r v�herw�se. Ne�ther �he acceptance af this need v� T�us� nor its en�arcement, whe�her by �ourt
<br /> action flr pursuant to the pawer o� sal� or o�h�r powers contain�d in ti�is Deed v�Trus�, shal� prejudiGe or in any
<br /> mann�r ���ect Trustee's ar Lender's righ� �o r�ali�� upon vr en�Qrce any other sEcuri�y now or hEreaf�er held by
<br /> Trus�ee ar Lender, it heing �greed that Trust�e and Lender, and each af them, sh�ll I�e en�it�ed ta en�arGe�this Deed
<br /> of Trus� and any other secu�ity nvw vr hereaf�er held by Lender ❑r Truste� in such �rder and manner as they ar
<br /> either of them may in �heir absvlute discre�ion d�terrnine. No remedy conferred upan or reserWed to Trustee vr
<br /> Lender, is in�ended to be ��clusi�e a-�any o#her remedy in this Deed af Trust or by law prv�ided or permitted, E�u�
<br /> each shall be cumulati�e and shal[ be in addi�ivn �a e�ery o�her r�medy gi�en in this C]e�d of Trus� or naw or
<br /> hereaf�er exis�ing at�aw❑r in equity❑r by statu��. E�ery power or remedy�i�en by�he Note ar any�f��� Related
<br /> Documen�s �� Truste� vr L�nder vr to which ei�her ❑� th�m may be �therwi�e �nti��ed, may be exercised,
<br /> concurr�n�ly a�r ind�pend�n�tly. from time t� �ime a�nd as of�en as may be deemed e�pedient by Trus�ee or Lender,
<br /> and either �� them may pursue inconsis��nt remedies. No�hing in �his Deed of Trust shall be c�nst�ued as
<br /> prahibi�ing Lender fram seeking a deficiency judgment against�he Trustor�o the extent such action is permi�ted by
<br /> law.
<br /> Ele�tion ot Remedies. A�1 vf Lender's righ�s and remedies will be cumu�atiWe and may be exer�ised alone ar
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