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2� 1 ��75�8
<br /> I�EE�] �F T'F�L�ST
<br /> Lvan 1Vo: '1�'[3€���8S {��t�t��u�d� �'age 7
<br /> Property, the cvllection af such r�nts, issues and profifis, and the applicat`ron th�rea� shall na� eure or
<br /> vvai�e any d�fau[�t ar na#i�� a� def�ui� under this D�ed v�Trust vr invalidate any act do�e in response to
<br /> such default vr pursuant t�su�h notic�a�f defaul�; andr no�withs�anding the Gantinuance in passe�sion af
<br /> the Proper�y vr the cnffection, reGeip� and applicatian a� rents, issues �r pra�Ets, Trus�ee ar Lender shall
<br /> be entitled t❑ exercise e�ery righ� pro�ided �or in the No�te ❑r the Re�a�ed Dacuments o�r �y law upan the
<br /> occurrence afi any e��n�of�efiault, incfuding the right ta exer�is�the powet-❑f sale;
<br /> �b� Commence an actifln to foreclase �his ❑eed af Trust as a mortgage, app�in� a receiver ar sp�cifically
<br /> enfvrce any o��he covenants hereo#; and
<br /> �c� Deli�er t❑Trustee a writt�n declaration o#d�fau�t and demand fvr sale and a ►�ritten na�ice o�default
<br /> and el�ction to cause Trustvr's interest in the Prvperty to be sold, which notice Trustee shal( cause�❑ be
<br /> duly filed for rec�rd in the apprapriate offices v�the �aunty in v�hich the Proper�y is ivca�ed; and.
<br /> �d� With r�spect to al! ❑r any part of th� Personal Property, Lender shall ha�e a!I the rights and remedies
<br /> ❑f a secured pa�ty under the Nebra�ka Unifvrm Commercia[ Cade.
<br /> Fvrecivsurg by Rvwer of 5ale. l�L�nder elects tv�arecfvse by exercise a�the Power of Saie herein can�ained,
<br /> Lend�r shall n�tify Trustee and shall deposit with Trus�e� this Deed of Trus� and the No�e and such rece�p�s
<br /> and e�idence ❑f expenditures made and se�ured by th�s De�d of Trust a�Trus��e may require.
<br /> �aj �p�n receipt of su�h no�`rc� frvm Lender, Trustee shalf cause�o be r�corded, published and deli�ered
<br /> to Trustor such Natice o� ❑efaul� �nd Notice of Sale as then required �y law and hy this Q�ed af Trus�.
<br /> Trustee shall, Wi�hout deman� on Trus�or, airter such time as may then be required by iaw and af-Cer
<br /> r�cvrdation vf suGh Notice af aefault �nd after Natice o� Sale ha��ng b�en given as required by law, sell
<br /> the Propert�r at the �ime and pface vf sais fixed �y it in su�h N�tice o� Sa{e, e�ther as a whole, ar in
<br /> separate lots ❑r parcels ❑r i�ems as Trus�ee sha�f deem expedient� and in such order as �t may determine�
<br /> a� public auction to the highest bidder�ar cash fn [avvfu[ mvney af the United Sta�es �ayab�e at�he tim�
<br /> a� sa��. Trus�tee shall deli��r t� such purchas�r ar purchasers fiherevf i�ts goad and �uff��ient deed ar
<br /> de�ds canveying the property sa sold, but without any co�enant or warranty, express ar implied. The
<br /> rec�tals in such deed vf any matters or facts sha�� �e cvnclusive prvvf of the �ruthfulness therev�. Any
<br /> persfln; including withau�limi�a�ivn Trustor, Trustee, or Lender� may purchase at such s�le.
<br /> �b� As may be permitted by law, after deduc�ing alf �o�ts, �Fees and expenses vf Trus�e� and o� th�s
<br /> Trust. including costs of evidence �f ti'�Ce in connection vvith s�le, Trus��e shall apply the pr�ceeds of sale
<br /> to payment❑f {i} a!� sums expende� und�r the terms ❑f�his Deed af Trust ar und�r the�erms af the Nate
<br /> no� then repaid, including but not limited ta accrued interes� and late �harges, ���y a!I other sums then
<br /> secured hereby, and �iii� the remainder, if any, �❑the persvn�r persons lega�ly enti�Cled�hereta.
<br /> �c} Trustee may in the manr�er proW`rded by law pvs�pvne sale o�al[vr any port�an of the Proper�y.
<br /> R�medies Nvt Exelusive. Trust�e and Lender, and each of them, shal! be ent�tl�d t❑ enfarce paymen� and
<br /> performance o�any indebtedness or abliga�ions secured by this ❑eed af Trust and fio exercise all righ�s and p�wers
<br /> under this ❑eed af Trust, under the No�e, under any vf the Re�ated Dacuments� or under any o�her agreement ar
<br /> any laws now vr hereafter in force; n�twiths�a�ding, same ❑r a[C of such indebtedness and �b[igativns s�cured by
<br /> this ❑eed o� Trust may now vr hereaft�r be ❑therwise secured, uvhether by martgage, d�ed v�trus�� pledge, lien,
<br /> assignment or otherw�se. Nei'�her th� acceptance afi this ❑eed o� Trust r�or i�s enfor�e�men�, whe�her by caurt
<br /> act�on ar pursuan�to the power ❑� sal� ❑r other pavu�rs c�ntained in �this D�ed af Trus�, shall pr�judice vr in any
<br /> mann�r a�fe�� Trustee's �r Lender's righ� �o reali�e upon or enfarce a�y ❑�her security naw ❑r herea�ter held by
<br /> Trusfi�e or L�nder, it being agreed that Trustee and Lender, and each❑�them, sh�ll �e enti�led�a enforce�his Deed
<br /> vf Tru�� and any other security now ar hereayfter hel� by Lender a� Trust�e in such �r��r and manner as �h�y or
<br /> either of them may in their absa�ut� discretion determine. No remedy con�Ferred upon ar res�r�ed ta Trustee ar
<br /> Lender, is in�ended �❑ be exclusi�� of any ot�er remedy in this De�d of Trus� or by Iav�► provided or permitted, bu�
<br /> �ach shal! �e cumulative and sha�l be in addition ta every other remedy gi�en in this Deed vf Trust ar now or
<br /> h�rea�ter exis�ing at faw vr in equity ar by sf�tu�e. E��ry pawer ar remedy gi�en by the Note ❑r an}� ❑f t�e Refated
<br /> Do�uments to Trustee or Lender ar t� ►�vhich either af them may be vther�nrise �ntitled, may be exercised,
<br /> cvncurrently ar indep�ndently, fram �ime t� time and as o�ten �s may be deemed expedi�nt by Tru�tee �r Lender,
<br /> and ei�her o� them may pursu� incvnsisten� remedi�s, Nothing in �his Deed o� Trus�t shaf! b� canstrued as
<br /> prohibiting Lender fram seeking a d��i�iency judgment against the Trustar tv the ex�ent such action is permi��ed by
<br /> law. Elect'ron by Lende� ta pursue any r�m�dy shall not exclude pursuit of any o�her remedy, and an election �ta
<br /> make expendi�ures ar ta take activn t❑ perform an abliga�ivn flf Trustar under this ❑eed ❑f Trust, after Trus�vr's
<br /> failu�-e tv perfiorm, shail not affect L�nd�r's ri�ht t❑deGlare a de�au��and e�ercise its remedies.
<br /> l�aque��for Nvti�e. Trustor, on beha[f v�Trustvr�nd Lender, hereby requests �ha�a copy nf any Notice o# De�auC�
<br /> and a cnpy of any [V�tice of Sale under this Deed vf Trust be ma�led to �hem at�he addr�sses set for�h in the first
<br /> paragraph v��his D�ed o�F Trus�.
<br /> Aitvrneys' Fees, Expenses. lf Lender insti�t�tes �ny suit ar acti+on �� enfarce an�r of the '�erms o� thfs Deed af
<br /> Trus�t, Lender shall be enti�fed to rec�ver such sum as the caur� maY a�judge reasanaale as att�rneys' fees at�rial
<br /> and upon any appeal. Whether ❑r r�at any court action is in�vlU�d, and tv the ��cl�ent not prohib`rted by law, al[
<br /> reasanable expenses Lender inGurs �hat in L:ender`� opinion are ne�essary at any time �or th� protection Qf its
<br /> �nterest ar the enforcement❑�its rights shall became a par�of�he ]nd�btednes� payable on demand and shali bear
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