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2� 1 ��728�
<br /> �EED �F TRI�ST
<br /> ��on�inued} �age 5
<br /> Death or Insofvency. 7he dissa�ution af Trustor's �r�gardi�ss of whether election to contRr�ue is made�, any
<br /> member�ryrithdrav�rs �rvm the limited �iab�lity company, or any other termir�at�on �f�'rustar's existence as a gaing
<br /> busi ness or th e death of any membsr, th e i n solve n cy of T�usto r, the a�pointme n t of a recei�rer fo r any pa rt of
<br /> Tr�stor's Property� any ass�gnment fvr tf�� benefit af creditors, any typ� of creditor �rvor�Co�t� or tF�e
<br /> commencemer�t of any proceeding under any hankruptcy or insolvency laws by ar ag��nst Trustor.
<br /> �re�itor or �arfeitur� Proceed�ngs. Comm�ncernent of forec[os�re or fvrfeiture proceedings, whetf�er�}r judlciaf
<br /> proceeding,se�F help,re�ossess�on or any other m�thod, b�aRy cr�ditor of Trustor or by any governmental a�ency
<br /> agains� any praperty securing the Indebiedness. This inc�udes a gamishment of any of Trustor's accounts,
<br /> including depvsit ac�ounts, witF� Lende�-. H�wever, �his Event of Defau�t s?�a11 not app[y if there is a good faith
<br /> dispute by Trustar as to the vaEid ity o�reasonableness of the claim whicF� is the basis af the cred itor or fo�feitu�e
<br /> proceeding an� if 7rustvr gives �ender writt�n natice of tF�e c�editor or iorfeiture proceeding and �epasits with
<br /> Ler�der monies or a surefy bond for the creditot or farfeiture pro�eeding, in an amvunt dete�mined�y Lende�,in its
<br /> sa�e discr�t[on,as beir�g an adequate resenre or�an�for ti�e dispute.
<br /> B�each of�#her�g re e ment. Any breach by�'r�stot un�er the terms of any other agreement betKreen 7rusto��nd
<br /> LendeT that is n ot rernedied vvithi� any grace period provided t�erein, �rtcl uding withou t !im i��tion any �greement
<br /> concernin�any inde�tedness�r�ther obli�atian of Trustar tv LendeT,whether existi ng naw or later.
<br /> Events Affecting �uara nto r. Any a� the �rece�ing e�ren�s occurs with respect to a�y Guarantor af any af tf�e
<br /> ]ndebtedness or any Guara�tvr dies or beoomes incorn�etent, ar revofces or dis�ute� th� validity af, or li�bility
<br /> u�der,any Guaranty of f he I�debtedness.
<br /> Adverse Ck�ange, A rnat�riai �d�erse change orcurs in Trustar's f rtancial condition, or Lender bef ieves tf�e
<br /> pros��:c�of payment or pErfomzance of fhe IndebEedness�s im�aire�.
<br /> Insecur�ty. Lender in good faith believ�s itself insecure.
<br /> RZGHTS AN D FtE�1�d1�5�N Q�FAU L�. i f an�vent of De�ault o�.curs under this D�af Trust, at any time#hereaKer,
<br /> i"nlstee or Len�er may exer�ise�ny��e or more of the followi n�rights a�d remedies:
<br /> Acceleration Upon defaul#; l�dditivnal Remed�es. If any Event af Defau�t occurs as per ff�e terms of the Note
<br /> s�cured here�y,�er�der may de��are all inde�tedness sEcu�ed by t�is Dced of Trust to t�e due and�ayab�e ar�d
<br /> the same shal�the�eupan ber.ame due srtd p�yabie withou�any�resentment,demand,pratest or notice o�any
<br /> kind. Thereafter, Lender�ay:
<br /> �a� E�tfner in person ar �y ager�t, v�ith or vtiritf�out bringing any action or proceedin�, or by a receirrer
<br /> appo�nted by a cv�rt and withottt r�gard to fl���dsq�acy o�its security, enter upon and#ake p�ss�ssi�n
<br /> of#he l�roperty,or ar�y pa�t tfnereaf, in its awn narr�or in the name ot Trustee,and do any acts v+rhich it
<br /> deerns necessary or d�sirable to preserve t��va[ue,marketability or rentability vf the Propetty,ar part�f
<br /> the Propert��ar interest in the property; increase�f�e income from the Property or}aro�ect the security Qf
<br /> �he Property; �r�d, with or vrritE�out tak�ng pvssess�on �f the Property, sue for or ofherwi�e cal�ec� the
<br /> rents, issues and profits of the Pra�erty, i ncEuding thase pas�due and unpaid,and apply tf�e same, less
<br /> costs and expe�ses of aperation and collection attor�eys'fc�s�to any i nd�bt�dness s�cured by t�is D�d
<br /> �f Yrust, aII in such a�der as Lender may�etermine. The enterin� upon and takin� passession of tne
<br /> P�roperty� f[�e col�eckion of suc� rents, issues an� pr�fits, ar�d the ap�ficatian thereof shall na�cure or
<br /> waive any defau[t or noiice af default under#his I�d o�`T'rust ar in�alidafe any a�t dvne in res�aonse tv
<br /> svch defauEt ar pursu�nt to such notice o�default;and, not�vithsfandin�t�e avnt�nua�ce in passessian of
<br /> the Praperty ar�he cof�e�tion, re�eipt and applicatiar� of ren#s, is�ues or profits, Tr+..�ts�ee or Lender sha�l[
<br /> be entitled to exercise e�ery r�gi�t pravided far in th��1ate or t�e Related Docurnents or by lauv upor��he
<br /> occurrence of a�y event af de�ault,inc�uding the rigf�#�o cx�rcis�the p��r�r��saie;
<br /> �b} Cammence�n ac�ion to�oreclose#�is Qeed of Trus�as a mortgage, appoint a receiver or specifca��y
<br /> enfar�e 2�ny vf the cavenants he��af;and
<br /> �c) De�iver tv'i"rustee a writ��n declaration of defau�t and demand for sa��and�written nvtice of default
<br /> and elecf ion ta ca�se Trustots interest in the P�o�erfy to bc�sold,�rhi ch natice Trustee shall cause#o be
<br /> duEy filsd f�r r�cord in tf�e apprapriate offices of th�Cvunty in which the Praperty is locate�i;�r�t�
<br /> �d� 111rfh respect to alI or any part of the Persanal Property, Lender shall �ave al1 the ri�hts and rernedies
<br /> ort a secu�ed�varty under the[�ebrasf�LJniforrn C�rrun�r�fal Code.
<br /> Foreclosure by�owe r vf Sa le. [f�ender el�c�s#o forec[ose by exerase of the Power ot Sa1e herei n contalned,
<br /> Lender shall nQti�y'i'rustee and sha11 ciep�sit with Trustee t�is �eed of�"rust and ihe Note and such rec�ipts
<br /> and e�iden�e of expenditures mad�and secur�d i�y this aeed af Trust as T�ustee may require,
<br /> �a� U�on ceceipt o�su��n�tice from Lender,�"r�stee shall cau�se ta be reoarded, pub�ished�nd c�e�ivered
<br /> to Trustar sucE� Nat�ce o�Default and Notic�af Safe as then required f�y f�vtir and by#�is Q�ed of Trust.
<br /> Tri.rste� sh�11, v+rithout dema�d an Trus�or: after sucn time a� may then be required by lauv and after
<br /> reoordation of such Nat�c�af Defau[t at�c�after Noti�e of Sale I�aving been gf�en as requ�r�d b�I�uv� se�l
<br /> the Property at fhe time and plac.e af sale fixed by it in s�ch Noti�e of Safe� eifher as a�vtirhole, ot in
<br /> separate lots ar parce[s�r i#ems�s Tru$tee shal�deem expedient,and in such order as it may determine,
<br /> at public auct��n to the highes�bidder for cash in lawfu[ money of fhe United �t�tes payab�e at fhe#irne
<br /> of sa1e. '�rustee shall delirrer to such purchaser or purc�asers therevf ifs gaad and sufticient deed or
<br /> d�eds oan�eying the property sQ so�d, buk`nrithout any oo�en�n#or w�r��nty� express aT implied. Th�
<br /> recit2�ls in such deed of any matter�or facts sh�ll be avnc�usE�re proof af#�e truthfu�n�ss t�er�af. Any
<br /> p�rsan,including without limi#a�ian Trustor,Trustee,or�ender,may�urchase at such sale,
<br /> (b) As may be perm�tted by law, �iter deduciEnp �1� �osts, tees �nd expenses of Trustee and of this
<br /> 7'rust,Including�osts at ev��en�e o�titie[n conr�ectia�w��h sale,T�ustee shaEl apply t�e prooee�s a��a��
<br /> to payrr�en�of �i}aIl sums expended under the#errn�af tF�is Deed of Tr�st ar under�the terms of fhe Nofe
<br /> not then repaid, incl�ding but not I�mited to accrued intetest and late charges, �ii� al� other sums then
<br /> secured i�ereby,and �iiiy tf�e remair�der,if any,to th�pers�vn ar persons�egally erititled thereto.
<br /> �c} '�rustee may in the manner pro�ided by I��nr postpone sa�e of afl or any portion of the Pra�erty.
<br /> C�errnedies Not ExcI�s��e. 7rustee and Lender, and each of ti�em� sha�l be entitled to enforce payment and
<br /> pe�formance of any indebtedness or obligations s�cu�ed by tF�is Deed af Trust and to exercise all ri�hts and powers
<br /> under tF�is Deecf of�'rusf, unde�'the Note, under any o f the Related Dacurne r�ts, or under any ath er agreement or
<br /> any�aws now vr hereafter in force; notwithstanding,some or$a� of sucf� indebtedness ar�d obligations secured by
<br /> ti�is Deed of Trust m�y nvu�r or hereafter be o#her�ise s�cu�red,whether by rnar�gage, dee� of frust, pledge, �ien,
<br /> assignrnent vr other�v�se. Neither the acceptance af �i�is Deed of Trust nor its enf�rcemen#, v�rhether �y caur#
<br /> action or pursuan�to tF�e power af sale ar other pav�rers contained �n this Deed af Trust, shall pr�judice or in any
<br /> manner afiect Trt�stee's or Lender's right to real�z� up�n ot enfarce any�ther se�urit� n vr�r ot hereafter held by
<br /> Trustee ar Lender,�t being a�reed that Trustee and Lender�and each af the�rr� shall be entitled to enfvrce tF�ls Deed
<br /> of Trust and any other security n orrv ar hereaner held by l.ender or Trusiee in such order and rnar�ner as they or
<br /> eit�er of them may in their absolute discretion detetmine. �!v remedy conferred upon or reserved to Trustee or
<br /> �er�tter, is intended to be exclusi�e of�ny vther remed}r in this D�ed of Trust ot b��aw pro�ide�or permitted, but
<br /> each sh�l[ be cum ulati�e and shal� be in addition to �very other remedy given in this Deed of �'rust or �ow ar
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