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2� 1 ��7119 �EEn oF TRusT Laan No: 1�]��98199 �Continued� Page 3 Property ❑r to �omp�y with any abligation t❑ maintain Existing Indebtedness in g�ad standing as required below, then Lender may do so. If any actian or proceeding is commenced that would ma�eriaily affect Lender's interests in the Property, then Lender on Trustor's behalf may, but is not required tv, take any action that Lender belie�es t❑ be appropriate to protect Lender's interests. All expenses incurred ❑r paid by Lender fpr such purpvses will then bear inter�st at the rate charged under the Credit Agreement from the date in�urred or pa�d by Lender tv the date ❑f repayment by Trustor. Ajl such expenses will become a part of the fndebtedness and, at Lender's ❑pti�n, will �Ay �e payable on d�mand; �By he added to the balance of the Credit Agreement and be apportEoned among and be payabl� with any installment payments t� become due during ei�her {1 y the term of any applicable �nsuranGe policy; or �2� th� remaining term af the Credit Agreement; or {C} be treated as a aalloon payment which will be due and payable at the Credit Agreement's maturity. WARRANTY; DEFENSE�F TITL�. The fo�lawing prv�isians relating t❑ ❑wnership�f the Praperty are a part af this Deed of Trust: Title. Trustor warrants �hat: �a� Trustor holds good and marketable title ❑f record tv the Property in fee simple, free and clear of all liens and encumbrances other than those set forth in the R�al Property descriptivn ❑r in the Existing Indebtedness section below or in any title insuran�e palicy, title rep�rt, or final t�t�e opini�n issued in fa�or ❑f, and accep�ed by, Lender in connection with this Deed of Trust, and �bf Trustar has the #uil right, pawer, and authority t❑ execute and deli�er thts Deed af Trust tv Lender. Defense a# Tit[e. Subject to the exception in the paragraph abo�e, Trustnr warrants and will fore�er defend the title to the Prnperty against the lawful c�aims flf all persans. EXISTING INDEgTEDNESS. The fol�vwing pr��isions cvncerning Existing Indebtedness are a part❑f this Deed of Trust: Existing Lien. The �ien ❑f this Deed ❑� Trust securing the Indebtedness may he secvnda�y and inferiar t❑ an existing lien. Trustar expressly co�enants and agrees to pay, ❑r see ta the payment ❑f, the Existing Inde�tedness and ta pr��ent any d�faul� ❑n such indeb�edness, any default under the instruments e�idencing such tndebtedness, or any default under any security documents far such sndebt�dness. EVENTS �F DEFAULT. Trustor will be in default under this Deed of Trust if any af �he follawing happen: �A} Trustar cammits fraud or makes a material misrepresenta#ion at any time in connectivn with the �redit Agreement. This can includ�, #or example, a fa�se statement ab�ut Trustor's income, assets, �iabiliti�s, flr any other aspects of Trustor's financial conditian. �B� Trustor daes not meet the repayment t�rms af the Cr�dit Agreement. {�} Trustor's action or inaction adV�rSely affects the callateral ar Lender's rights in the collateral. This can include, for example, failure t❑ maintain required insurance, waste or destructi�e use ❑f the dwe�iin�, fiailure t❑ pay taxes, death of all pers�ns liable ❑n the accaunt, transfer �f title ar sale ❑f the dwelling, ct�eation of a senior lien on the dwelling without Lender°s permissfvn, foreclasure by the halder vf anather i�en, or the use af funds vr the dweli�ng for prohibited purpases. RIGHTS AN❑ REME�IES ❑N DEFAULT. Upon �he oc�urrence �f any E�ent o� ❑efault under any ind�btedness, or should Trustor fail to cvmply with any of T�us�or's abligations under this Deed of Trust, Trustee or Lender may exercise any vne ar mare o#the following rights and remedies: Ac�eleration Upon Default; Additional Remedies. #f any E�ent of De#ault oc�urs as per the terms af the Credit Agreement s�cured her�by, Lender may declare all Indebtedness secured by this Deed of Trus� t❑ be due and payable and the same shall th�reupon becom� due and paya�le withvut any presentment, demand, protest or nvtice ❑f any kind. Thereafter, Lender may: tay Either in persvn ar hy agent, with or withaut bringing any action or proceeding, or by a rec�i�er appoin�ed by a ��urt and without regard t❑ the adequacy nf its security, enter upon and take pvssession of the Property, ar any part thereof, in +ts own name or in the name of Trustee, and do any acts which it deems necessary ar desirable to preser�e the �alue, marketability vr rentability of the Prvperty, ❑r part vf the Property or interest in the Prope�ty; increase the incame fram the Praperty ❑r proteet the security ❑f the Prvperty; and, w�th ❑r without taking possessian ❑f the Property, sue fvr or vtherwise collect the rents, 155LJ2S and profits of the Praperty, including those past due and unpaid, and apply the same, less �vsts and expenses o#operation and collection attorneys' fees, to any indebtedness secured by this Deed of T�ust, all in such order as Lender may determine. The entering upon and taking pflssessivn af the Praperty, the collection ❑f suGh rents, issues and prafits, and the applicat�on thereaf shai� nat cure or wai�e any default or natice vf default under �his D�ed vf T�ust or in�alidat� any act done in respanse �o such default�r pursuant ta such notice of de�ault; and, notwithstanding the continuance in possessian of the Praperty or the cai�ection, receipt and applicatian vf rents, issues or prvfits, Trustee ar Lend�r shall be entitled to exer�ise e�ery righ� prv�ided for in the Credit Agreement ar the Related Do�uments or by law upon the occurrence of any e�ent❑f default, including the right ta exercise the power vf sale; �by Commence an action tv fvreclose this Deed of Trust as a mortgage, appoint a recei�er or speci�i�ally enfnrce any ot the ca�enants hereof; and tc} Deli�er to Trustee a written declaration af defau�t and demand tor sale and a written natice of de�ault and election tn cause Trustor's interest in the Property to be svld, whi�h natice Trustee shall �ause to be duly filed for record �n the apprapriate ❑ffices vf the County in which the Property is located; and �d� Wi�h respect tv all or any part of the Personal Property, Lender shall ha�e all the �ights and remedies af a secured party under the Nebraska Uniform Commercial Code.