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<br /> DEED �F TRUST
<br /> Loan Nv: '��'1�98�79 {�ontinu�d� Page 7
<br /> ❑f a breach of�he same provisivn of this Deed n�Trust within the preceding twel�e {��} man�hs, it may be cured i�
<br /> Trustor, after Lender sends wrEtten notice to Trustor demandin� cure ❑�such default; {�} �ures the de#ault w�thin
<br /> fif�een �15� days; ❑r �2} if�he cure requires more than fiifteen ��5� days, immediately initia�es s�eps which Lender
<br /> deems in L�nder's sole discretion �o be suffi�ient to �ure �he defautt and therea�ter cantinues and compietes all
<br /> reasonable and necessary steps su��icient tv prvduce comp�iance as soon as reasonably practical.
<br /> RIGHTS AND REMED�ES �N DEFAULT. ff an E�ent v� De�ault occurs under�his Deed of Trus�, at any time thereafter,
<br /> Trusfiee ar Lender may exer�ise any ane ❑r more❑�the following r�gh�s and remedies:
<br /> Acceleration Upon De#au�t; Additianal Fiemedies. If any Even�❑� De�ault ❑�curs as per the �e�rms o�the Nvte
<br /> se�ured he�-eby, Lender may d�clare alf indebtedness secured by this ❑eed o�f Trust�o be due and payabie and
<br /> the same shall thereupon becvme due and payable w�thout any presentment, demand, prv�est❑r no�i�e vf any
<br /> kind. Thereafter, Lender may:
<br /> ta} Either �n persan or by agent, wi�h ❑r w��hou�t bringing any ac�ion ❑r prviceeding, or by a recei�er
<br /> appainted hy a court and without regard �❑the adequacy o� its security, enter upon and take pvssess�vn
<br /> of the Prvperty, or any part�herev�, in i�s own name or in the name of Trusfiee, and �o any acts which it
<br /> deems necessary ar desirabfe to preser�e �he va�ue, marketability ❑r rentability o�the Property, vr part of
<br /> �he Prvperty ❑r interest in �he Property; increase the incame from the Prvperty ❑r protec��he securi�y o�
<br /> �h� Prvperty; and, wi�h or without �aking possessi�n of �he Property, sue for or o�herw�se cvll�ct the
<br /> rents, issues and pro�its af the Property, including �hose past due and unpaid, and apply �h� same, less
<br /> casts and expenses ❑f operativn and �ollecti�n a��vrneys' �@e5r �❑ any indeb�edness secured by th�s Deed
<br /> of Trus�, all in such o�-der as Lender may determine. The entering upon and taking possessivn of �h�
<br /> Property, �he collectivn of such rents, issues and profits, and the app�ica�ian therevf shalf not cure or
<br /> wai�e any defiau�t❑r notice of de�ault under�his Deed ❑�Trust or in�ai�da�e any act done in response to
<br /> such defaul�or pursuan�fio such notice of de�au�t; and, natwithstanding the cflntinuance in pvssession o�
<br /> the Prvper�y ar the coilection, receipt and application o� rents, issues or profits, Trustee ❑r Lender shai!
<br /> be en�i�fed tv exercEse e�ery righf prfl�ided fvr in �he No#e or�he Related Documen�s or by law upvn �he
<br /> oc�urrence of any���n�❑f de#ault, in�[uding fhe right ta exercise�he pvwer of sale;
<br /> {b� Commence an action�❑fareclose �his Deed of Trus� as a mortgage, appain� a re�eiver or specf�ically
<br /> enf��rce any❑f�he co�enants hereaf; and
<br /> �cy DeliWer tv Trustee a wri�tten declaration ❑f default and demand for sale and a writ�en notice vf defaul�
<br /> and election ta cause Trustor's interest in the Prvperty t� be safd, whi�h notice Trustee shall cause t❑ be
<br /> duly filed fvr record in the appropriate ❑ffices ❑��he Cvun�y in which the Prvper�y is �aca�ed; and
<br /> {�} Vllith respect to ali flr any part vf the Persvnal Property, Lender shall have all the rights and rem�dies
<br /> of a secured party under the Nebraska Uniform Cvmmercial Code.
<br /> Foreclosure by Power o�Sale. Ifi Lender elec�s to for�clase by exercise of�he Power af Sale herein contained,
<br /> Lender shall nv�ify Trustee and shall depvsit with Trustee this Deed of Trust and the Note and such receipts
<br /> and e�iden�e of expenditures made and secured by this Deed of Trust as Trustee may require.
<br /> �a� Upon receipt of such notice f�vm Lender, Trustee shall cause to �e recorded, published and deli�er�d
<br /> t❑ Trustor su�h No�ice of De�ault and Nv�ice ❑� 5ale as then required by Eaw and by th�s Deed of Trust.
<br /> Truste� shalf, wifihvut demand an Trus��r, after such time as may �hen be required by law and af�er
<br /> recorda�ion ❑�such Notice o� De�auft and a�ter Not�ce o� Sale ha�ing been given as required hy �aw, sell
<br /> the Praperty a� the time and place ❑f sale �Fixed by it in such Nvtice o� Sale, ei�her as a whoie, ❑r in
<br /> . separate Ivts ar par�eis ❑r i�ems as Trustee shall deem expedient, and in su�h vrder as it may determine,
<br /> at pu�lic auctian to the highest bidder for cash in law�ui mvney of�he Llnited Sta�tes payable at the �ime
<br /> o� sale. Trustee shall deli�er to such purchaser ar purchasers thereo� its good and sufficien� deed or
<br /> deeds con�eying the prvperty s❑ sofd, but wi�hout any co�enant ❑r warranty, express ar implied. The
<br /> recitals in such deed vf any matters or fa�ts shal[ be conclusi�e provf ❑t the truthfulness fihereo�. Any
<br /> person, including withouf limitation Trustor, Trustee, ❑r Lender, may purchase at such sale.
<br /> �b} As may be permi�ted by faw, af�er deducting al� cvsts, fees and expenses of Trus�ee and af this
<br /> Trus�, including casts of e�idence of ti�le in connec�ion wi�h sale, Trustee shafl app�y�he pr�ceeds ❑f sale
<br /> to payment of {i� a!1 sums expended und�r the terms af this ❑eed of Trus�❑r under the terms of�he Note
<br /> not �hen repaid, including but nvt limi�ed t❑ accrued interes� and la�e charges, �ii} all other sums then
<br /> secured hereby, and �iii} �he remaind�r, if any, t❑�he person or persans legally entitled the�-eto.
<br /> �c} Trus�es may in the manner pro�ided by�aw postpane sale❑#all or any por�ion❑f the Property.
<br /> RemedEes Nvt Exclusi�e. Trustee and L�nder, and each ❑f them, sha�f be entftled t❑ en�o�-ce payment and
<br /> perfvrmanGe of any indeb�edness or vbligat�vns secured by this ❑eed ❑�Trust and to exercise all righ�s and powers
<br /> under this Deed of Trust, under the Note, und�r any of�he Rela�ed Documents, or under any ❑ther agreement or
<br /> any laws now or hereaf�er in force; notwithstanding, svme ar all v�such indebtedness and ❑�ligations secured i�y
<br /> this Deed of Trus� may nvw or hereafter he otherwise secured, whe�her by mflrtgage, deed of trus�, pledge, lien,
<br /> assignmen� or ❑therwise. Net�her �he ac�eptance o� this Deed ❑f Trust nor its en�orcement, whether by cour�
<br /> ac�ion ar pursuant ta the paw�r of sale or ather powers contained in �his Deed ❑�Trust, shall pre�udi�e or in any
<br /> manne� affect Trus�ee's or Len�ler's right to reali�e upon ❑r en�o�ce any other securi�y now vr hereafter held by
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