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2� 1 ��8127
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<br /> i DEED �F TRUST
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<br /> �Cot7tir7ued} Page �
<br /> , and �lection to cause Trustot-'s interest in the Pr�perty to be sold{ which natice Trustee shaI� cause to be
<br /> duIy fired f or record in the approp�-iate offices of�he County in which the Property is�ocated;and
<br /> � td} Wi�h r'espect to a1i or any part af�he Personal Property, Lender shall ha�e all the righ�s and remedies
<br /> o�a secured party under the Nebraska LJniform Commercial Code.
<br /> Foreclosure by Pawe�of Sale. If Lende�-elects to foreclase by exercise o�the Pawe�af SaIe herein con�ained,
<br /> Lend�r sha�l notify Trus�ee and shaII deposit with Trustee �his ❑eed of T�ust and the Credit Agreement and
<br /> such receipts and e�idence ❑f expenditu�es made and secured by�his Deed o�Trust as Trustee may require,
<br /> {a} Upon re�eip�of such notice from Lender�,Trustee shaII cause t❑ b�t-ecarded, pubIished and deli�ered
<br /> ta Trus�or such No�ice of Default and No�ice of Sale as then required by law and by thi� Deed of Trust.
<br /> Trustee shaII, withou� demand an Trustor, after such time a's may �hen be requir�d by Iaw and after-
<br /> . recarda�ion of such No�ice nfi De�aul�and after Noti�e o-F Sa1e ha�ing been gi�en as requi�ed by Iaw, sell
<br /> �he Property a� the time and p�ace of saI� fixed by it in such No�ice ofi SaIe, either as a who�e, or in
<br /> separate lats o�parcels vr items as Trustee shall deem exped�ent, and in such arde�-as it may determine,
<br /> at public auc�ion t❑ the highest bidder�For cash �n law�ul money of the U,nited States payable at th�time
<br /> o� sale. Trustee shall deIi�er �o such purchaser or purchasers thereo� its good and sufficient deed ar
<br /> deeds cvn�ey�ng th� prape�y s❑ sold� but wifhvut any ca�e�ant ❑r warranty, express or impIied. The
<br /> recx�aIs in�such deed of any matte�s or �acts sha(I be cancIusl�e p�-oa�ofi the t�-uthfuIness thet-eo�, Any
<br /> person, including withaut limitafion T�us�or,Trus�ee,or Lender, may pu�chase at such saIe.
<br /> (b} As may be permitCed by Iaw� aft�r d�ducting ail cost�, fees and expenses o�F Trustee and af this
<br /> Trus�,including �osts n-�evidence o�ti�le in connection with saie,Trustee shall apply the praceeds❑f saIe
<br /> to payment of �i� all sums expended under the �erms of�h�s Deed o�Trust or under the te�ms of�he
<br /> Credit Agreement not then repaid, including bu� not limited �o a�crued interest and Iate charges, tii� all
<br /> o�her-sums then secured hereby, and �iii} the remainder� if any, �o the person or persons tega�ly entitled
<br /> thereto.
<br /> {�� Trus�ee may in the manner pro�ided by Iaw postpone sale o�ali ar any partion of the Property,
<br /> Remedies Not Exclusi�e. T�-usfee and L�nder, and each of themr shall be en�i�led to en�orce payment and
<br /> performance❑f any inde�tedness ar obIigations secured by�his Deed of Trust and to exercise aIl rights and powers
<br /> under �his ❑eed ofi Trust, under the Credif A�greement, under any of�he Related Documen�s, ar under any other
<br /> agreement or any Iaws now o�- he�eafter in fo�ce; no�withs�anding, some o� ail of such indebtedness and
<br /> obligafiions se�u�-ed by th�s Deed �fi Trust may naw or hereafter be otherwise secured, whether by mortgager deed
<br /> ❑�t1'1.i5�r pledge, Iien{ assignment or othe�wise, Neifher the acceptance a�f�-rfs Deed af Trus�nor its en�orcement',
<br />� whe�her by court a�tion o� pur-suan�to the power of sale ❑r a�her power-s conta�ned in this ❑eed of Trus�, shar!
<br /> prejudice or in an'� manner affect Trustee's ❑r Lender's righf to reali�e upon ❑r enfo�ce any ather seauri�y now ❑r
<br /> her�after held by Trus�ee❑r Lend�r, i�being agreed�ha�Trus�ee and Lender�r a�d each of them, shaII be en�i�led�o
<br /> enforce this ❑eed ofi Trust and any othe�- security now or- hereafter held by Lender or Trustee in such order and
<br /> manner as they or either af fhem may in their absolute discre�ion�determine. No rem�dy con�erred upon or
<br /> reser�ed �o Trustee or Lender, is in�ended to be exc�usive of any other remedy in this Deed vf Trus� or by 1aw
<br />� pra�ided o�r permitted, bu� each shali be curx�ulat�ve and shall �e in addi�ion to e�er�r ather remedy gi�en in this
<br /> i Deed of T�ust o� n�w v�-hereafter existing at law v�in equity ar by sta�ute. E�ery pawer ar remedy given by�he
<br />:, Credit Agreement o� any af the Rela�ed Do�uments t❑ T�uste� o� Lender or to whi�h ei�her ❑f them may be
<br /> otherwise enfif�ed, may �e exercised, cancurrentIy or independently, from �ime to txme and as often as may he
<br />� deemed expedient b� Trustee or Lenderr and ei�het- ot them may pursue inconsistent remedies, No�hing in fhis
<br />: Deed of T�-ust shaII be construed as prohibi�ing Lender�rom seeking a def�ciency judgment against the T�us�or to �
<br /> the extent such action is permitted by law, ,
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<br /> Ele�tion of Remed;es. All ❑f Ler�der's t'ights and remedies will be cumuIatx�e and may be exe�cised alane ❑r �
<br /> together-. I� Lender dec�des t❑ spend mo�ey or to pe�form any af Tr'ustor's obligations under this Deed ❑-F Tri�st�
<br /> afte�Trustor's fa�Iut-e �❑ do sa, that decEsion by Lender wiIl nnt affect Ler�der's right to declare Trusfor in de�ault
<br /> and�o exercise Lende�'s remed�es.
<br /> Request for Nvfice. T�usto�, on behalf of T�ustor and Lender, hereby reques�s that a copy of any Notice o�❑�fault
<br /> and a copy❑�any Notice of 5a�e under�his Deed o�T�ust be mailed ta them at the addresses set forth in the first
<br /> paragraph o�this Deed ot Trust,
<br /> Atforneys' Fees; Expense�. If Lender ins�xtutes any sui� o� ac�lon �a en�orce any a� �he terms a� this Deed ❑f
<br /> Trus�r Lender shall be entitled to recover�such sum as�he court may adjudge reasanabCe as attorneys`fees at tria�
<br /> and upon any appeal, Whether o� not a�y court actian is in�of�edr and �o the exten� no� prohibited �y law, a�� �
<br /> reasonable expenses Lender ;�curs �hat in Lender's opini�n are necessary at any time for the pt�o�ect�on ❑f i�s '
<br /> in�er-est or the en�orcement of xts �igh�s shal! become a par-t af�he Indebtedness payable❑n demand and sha�I bear
<br />' interest at the Credit Agr�eenien� rate ft'om the date af �he expendi�ut-e until repaid. Expenses co�ered by this
<br /> paragraph inciude, without limita�ion, howe�er subject to any limits under applicable �aw, Lender's attorne�rs' fees
<br /> and Lender's Iegal expe�ses, whether ar no� there �� a lawsuifi, incIuding attorneys' fees and expe�ses �ot- �
<br /> bank�'up�cy proceedings {inc�uding ef�orts to modifiy ❑�vacate any au�omatic stay o�-injunction7� appeals, and any
<br /> an�iaipated post-�udgment co��ectian services, �he cost of searching reco�ds, obtaining title reparts �xncIuding
<br /> foreclosure repa�-ts}, surveyors' reparts, and app�-aisa�fees, t�tIe insurance, ay�d fees for the Trustee,to the ex�en�
<br /> permit�ed �y applicable law. T�us�ar aIsa will pay any court cvsts, in addi��ar�.t❑ aII othe�sums pro�ided by law, '
<br /> �igh�s of Trusfae, Trus�ee sha1� ha�e aII o�the�ights and duties of Lender as sef for-�h in this sectian,
<br /> P�VIIERS AND �BLIGATI�NS DF TRUSTEE. The foIjowing pt'o�isions rela�ing�o the powers and obligations a�Trustee
<br /> are part of�his Deed of T�'us�:
<br /> Pawers af Trustee. In addition�o all powers ❑f Trusfee arising as a mat�er of law�Trus�ee shalf ha�e�h� power to
<br /> take�he�ollowing ac�ions wi�h respec��o the Property upon fhe written request o�Lender and Trustor. �a}join in � �
<br /> pt-epa�ing and fiIing a map or pIa� o�the i�eal Propertyr incIuding the dedicat�on v� streets ar other righ�s �o �he
<br /> � pubIic; �b} join in granting any easemen� or creati�g any resfric��on on the Reai Prapertyr and �c) join in any
<br /> subordina�ivn nr a�her agreement affecting�his ❑eed of Trust ar t�e interest of Lender under this Deed o�Trust,
<br /> Trustee. Trustee shaII mee� all quaIi�ications required for Trustee unde� applicable Iaw. �n addition to the rights
<br /> and remedies se�t�orth above, with respec�to a!f or any part o�the Property, the Trus�ee sha�I ha�e the righ��o
<br /> forecIose by notice and saIe, and Lender wilf ha�e the right to fareclose hy judicial foreclosure, in eith�r case in
<br /> accordance with and to the fulE ex�ent pro�ided by appCicable law,
<br /> 5uccessar Trustea. Lender, at Lende�'s option, may fram�i�ne�o time appoint a successor Trusfee to any Trustee
<br /> appoin�ed under this Deed of Trust by an ins�rument executed and acknowledged by Lender and recorded in.the '
<br /> office af the �-ecorder of Ha11 �vunty, S�ate of Nebr-aska. The ins�rument shaII contain, in add�tion to al! o�he�
<br /> matters required by state Iaw, the names of �he original L�nder� Trustee, anci T�-usfior, the book and page {or
<br /> computer system re�erence} whe�e �his ❑eed o�Trust �s reco�ded, and the name and address of the su��essor
<br /> trustee, and the ins�rument sha;! be executed and acknowledged by all�he�enet'rc`raries under this Deed of Trust or
<br /> their successors in inter-�st. The suc�essor�rus�e�, without con�eyance of��he Property, shall succeed to all the
<br /> title, pD1Ne�r and du�ies conferred upon the Trus�ee in this Deed of T�us�and by appIicabie �aw, This procedu�e fvr-
<br /> subs�i�u�ion af Trustee shall go�ern to rthe exclusion of aII o�her pro�isions far substitution. �
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