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- � 2� 1 ��82�4
<br /> DEED �F TRUST
<br /> Loan Nv: '#�'l 3C3�'I S� {�antinued} Page 7
<br /> Lender deems in L�nder's sole discretion ta be sufficienfi to �ure the defauft and thereafter continues and
<br /> cvmp�etes all reasonabfe and ne�essary steps sufficien�to prvduc�camplian�e as saan as reasvnably practical.
<br /> RIGHTS AN❑ REMEDIES DN DEFAULT. �f an Event af De�ault occurs under this Deed ❑f Trust, at any�ime thereafter,
<br /> Trustee or Lender may exercise any❑ne or more of the foflowing ri�hts and remedies:
<br /> Acce�erativn Upan De�ault: Additional Remedies. If any E�ent afi ae�ault occurs as per�he terrns of the Note
<br /> secured hereby, Lender may deciare a!I Indeb�edness secured by th�s ❑eed o#Trus�to b� due and payable and
<br /> �h� same shall thereupon became due and payable uvithaufi any presentment, demand, protest or notice❑�any
<br /> kind. Thereaf�er, Lender may:
<br /> �a� Ei�her in persan or by agent, with or withvut bringing any ac�ivn or proceeding, ar by a rec�i�er
<br /> appoin�ed by a caur�and without regard ta the adequacy of its security, en#er upon and take pvssessivn
<br /> o#the Property, or any part thereof, in its awn name a�in the name o�Trustee, and do any acts which it
<br /> deems necessary or des�cabie to preser�e the vaiue, marketa�ifity vr rentabili�y of the Property, ar part of
<br /> �he Prope�ty vr interes't in the Prvperty; increase the incame fram the Praperty or protect the secur�ty of
<br /> the Property; and, with or without taking possession of the Property, sue fvr ar otherwise co[I�ct the
<br /> rents, �ssues and profits of the Property, including those past due and unpaid, and apply the same, less
<br /> costs and expenses ofi operation and collection attvrneys' fees.to any indebtedness secured �y this Deed
<br /> of Trust, al� in such order as Lender may determine. The entering upon and taking passesstvn af the
<br /> Praperty, the ca��ection of such rents, issues and profits, and the application thereo# shall not cure or
<br /> wai�e any default or no�i�e af default under this ��ed a�Trust or in�alida�e any act done in response �o
<br /> such default or pursuant to such nv�ice of defa�l�; and, notwithstanding the continuance in possession of
<br /> �he Praperty or the cal�ect��n, receipt and appl�catian of rents, issues ar profits, Trustee ar Lender shall
<br /> be en�itled tv exerci�e every right pro�ided for in the Nate ❑r the Related Documents ❑r by law upvn the
<br /> �ccur�ence of any even�afi default� inc[uding the right to exercise the power of sale,
<br /> tb} Cvmmence an activn to fareclvse�his Deed af Trus�as a mortgage, appoint a recei�er vr spec�#�cal�y
<br /> en�orce any of the cv�enants hereo�; and
<br /> �c� Deli�er�❑Trustee a writt�n declarat�on of de�ault and demand for sa�e and a written natice of default
<br /> and electivn to caus�Trustor's interest in�he Proper�y to be s�fd, which notice Trustee sha�� cause to be
<br /> duly fi�ed�or reGvrd in the apprvpria�e offices of the C�unty in which the Proper�y is lacated; and
<br /> �dy W�th respect t❑ ail or any part of the Pers�nal Property, Lender shall have all the r�ghts and rernedies
<br /> ��a secured party under the Nebraska LJn�fa�m Commercial Code.
<br /> Foreciasure by Pawer of Sale. I��ender elec�s�o fore�lose by�xer�ise o#th� Power of 5ale herein contained,
<br /> Lender shail noti�y Trustee and shall depasi� with Trustee this Deed a�Trust and the Note and such receipts
<br /> and e�idenGe vf expenditures made and secured by this Deed ❑fi Trust as Trustee may require.
<br /> 4ay Upon receipt�f such no�ice �rom Lende�, Trustee shai� cause to be recorded, published and deli�ered
<br /> to Trustflr such Notice ofi De�au�t and Notice af Sale as then required by law and by this ❑eed of Trust.
<br /> Trustee shaii, without demand ❑n Trustor, after such time as may then be requi�ed �y law and after
<br /> recordation of such Na�ice o� ❑efau�t and after Notice of 5ale ha�ing been g�ven as required by �aw, sell
<br /> the Prc�perty at the �ime and place of sale �rixed by it €n such Nvtice of SaIe, either as a wha�e, or in
<br /> separate Iots ar parcels ar �tems as Trustee shall deem expedient, and in such o�der as it rnay de�ermine,
<br /> at public auction to the highest bidder for cash in lawful mvney af the �nited States payabie at the time
<br /> vf sale. Trustee shalf deli�er to such purchaser flr purchasers thereof its good and suff�cient deed ar
<br /> deeds conWeyin� the praperty so sold, but withaut any covenan� ar warranty, express or implied. The
<br /> recitals in such deed of any matters or fac�s sha�l be conclusive prao�af the tru�hfu�ness thereof. Any �
<br /> persan, including w�thaut limitation Trustvr, Trustee, ar Lender, may purchase at such sale.
<br /> {�} As may be perm�tted by law. a�ter deducting all costs, fees and �xpenses of Trustee and a� this
<br /> Trust, inc�uding costs of evidence o#t�t�e �n cflnne�tion with saie,Trustee shall apply the p�aceeds vf sale
<br /> t❑ payment❑f {i} a��sums expended under the terms of this ❑eed of Trust or under the terms of the Nate
<br /> nvt �hen repaid, �nc�uding bu� not limited #o accrued interes� and late charges, �ii� ali ❑th�r sums then
<br /> secured hereby, and �iii} the remainder, if any,t❑the person or persons legally entitled therefio.
<br /> �c� Trustee may in the manner provided by law postpone sale af all�r any portion of�he Property.
<br /> Remedies Not Exclusive. Trustee and Lender� and each ofi them, shall be entitled to enforc� payment and
<br /> performance vf any indebtedness ar obligations secured by this Deed vfi Trust and�o exerc�se all rights and powers
<br /> und�r this Deed of Trust, under the Note, unds� any of the Rela�ed Documen�s, ar under any vther agreement or
<br /> any laws now or herea#ter in force; na�withstandEng, some vr a�l of such indebtedness and obligations secured by
<br /> this Deed o�Trust may now ar hereaft�r be atherwise secured, whether by martgage, deed ��trus�, pledge, lien,
<br /> assignmen� ar a�therwise. Nei�her the acceptance �f this Deed of Trust nor i�s enfiorc�ment, whether by caurt
<br /> action or pursuant tfl the power❑f sale ❑r other powers conta�ned in this Deed of Trust, shall prejudice ar �n any
<br /> manner af�ect Trustee's vr Lend�r's right t❑ realize upvn ar enfvrce any ❑�her se�urity now or h�reaf�er he{d by
<br /> Trus�ee ❑r Lender, �t being ag�eed that Trustee an� Lender, and each of them, shall be ent�tied to enfarce this ❑eed
<br /> vf Trust and any �ther se�urity naw or hereafter held by Lender ar Trustee in such arder and manner as they or
<br /> either ❑�f them may in their abso�ute discretion determine. Na remedy conferred upan or reser�ed t� Trus�ee or
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