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2� 1 ��88�3
<br /> v��� �F -r�usT
<br /> Loan Na�: �i�7�98�47 �Continu�d} Page �
<br /> appoin�ed by a cour� and wi�hvu�regard t� the adequacy of its securi�y, ent�� upon and take possession
<br /> af the Property, ar any part�hereof. in its awn name❑r in the nam� of Trustee, and do any ac#s which it
<br /> deems necessary❑r desirable�o preser��th��alue, marketabili�� vr rentability vf the Prvperty, vr part❑�
<br /> th� Prop�rty ❑r interes� in �he Pr�per�y; increase th� inGame from the Proper�y or pr��ecf the securi�y a�
<br /> �h� Praperty; and, wi�h �r withaut �aking possession �� �he Property, su� �ar ❑r atherwi�� cnlleG� �he
<br /> rents, issues and pra�i�s ❑�the Pra�er�y, including fihas� past due and unpaid. and ap�ply �h� sam�, less
<br /> costs and expen�es v�oAera�ion and collsc�ion attorneys' �ees,�v any indebt�dness s��ured by this Deed
<br /> of Trust. aEE in su�h order as Lender may de�e�mine. The en�ering upan and tak�ng pvssessEan vf �he
<br /> Praperty, the coilectivn ❑f such rent�, issues and pro�i�s, and the applicatian thereo� shall nnt cure vr
<br /> wai�e any de#aul�ar no�ice af defauit under�his Deed ��Trust or in�a��date any act done in response �a
<br /> su�h de�ault or pursuant to such nvtic� of de�aui�; and, no�withstanding th� �vntinuance in pvssession of
<br /> the Praperty ar th� coll�ction, recei�t and app[i�ativn of ren�s, issues or pr�fits, Trustee vr Lender shall
<br /> be en�itied to exer�ise e�ery right p�o��ded�ar in �he Nvte ar�he R�lated Dacuments ar by law upvn�he
<br /> ocGurrence at any��en�of�efauEt, in�iuding�he right�v�a�ercEse th� power o�sale;
<br /> {b� Cammence �n actEvn ta toreciase th�s Deed vf Trus� a� a mortgage� appaint a reGei�er ar sp�ci��cal�y
<br /> en�orce any o�F the cavenan�s herea�; and
<br /> �c} Deli�er tv Trust�e a w�itten d�ciaration❑#de�aul�and demand �o�sale and a written natice af defiau�t
<br /> and elec�ion fia cause Trustor`s �nterest in�he Property tv b� svld, which notice Trustee shall cause to be
<br /> duly�iied fvr record in�he apprapr�ate v�Ftices a#the Cvunty in whi�h the Pr�perty�s Iocated; and
<br /> {d} Wi�h respect to all ar any part v��he Persanai Prvperty, Len��r sha�I ha�� ali the rights and �emedies
<br /> v�a secured party und�r the Nebrask� Uni�arm C�mmercial Code.
<br /> For�Glasure by Rower vf 5ale. If Lender e�e�ts to �oreGlose by exercise o�the Power v�Sale herein c�nt�ined,
<br /> � Lender shaf! notify Trus�ee and shal! depvsit wi�h Trus�ee �his Deed of Trust and �he Note and such receipts
<br /> and e�idence af e�p�nditures made�nd secured by this Deed o�Trus�as Tru�tee may requir�.
<br /> {a� Upon receip�a�such n�tice trom Lender, T�ustee shaEl cause ta be recorded, published and del�vered
<br /> to Trus�or such Natic� vf De�aul� and No�ice of Saie as then required by law and by this Deed v�Trust.
<br /> Trus�t�e shall, withou� demand an Trustor, after such ��me as may �hen be requir�d by law and after
<br /> recQrdatian u�such Nvtice af Q�'�aul� and after Na�ice ❑� Sale having t�een given as required by law, sell
<br /> th� Property a� the �ime and Ria�e a� �ale �fixed by it in suGh iVo#Ece at ��ie, either as a whoie, o� in
<br /> s�p�rate Ints or par��ls vr items as Trus�ee shall d�em�acpedien�, and in such ❑rd�r as it may de�ermine,
<br /> a�t pub�ic auGtion�v�the highes� bidder for cash in law�ul maney af the United States pay�ble at the time
<br /> a� saie, Trustee shafi deli�er to su�h purchase� ar purchasers �her�a� its goad and �u��icient deed or
<br /> deeds con�eying �he property sv sold, but withou�C any covenan� or warran�y, express or implied. The
<br /> recitals in su�h deed ❑� any matters ❑r tac�s shail be conclusi�e �roa�,of the �ruth�ulness �hereof. Any
<br /> person, including wi�hou�limitatinn Trusfivr,Trus�ee, or Lender, may purchase at�u�h sale.
<br /> {�y As may ae permitted by law, af�er dec�ucting all cas�s� fees and e�cpenses of Trustee and of this
<br /> Trus�, in��udEng cQs�s❑�e�iden�e af ti�i�in connec�ivn wi�h sa�e;Truste�sha�l apply�h� prviceeds a#sale
<br /> �a payment a� {i� a�� sums expended und�r�he�erms vf�his De�d o�Trus�vr under the terms v�the Nate
<br /> nc�� then repa�d, including but nat iirn��ed ta accrued inter-es� and late �h�rges, {ii� all a�h�r sums then
<br /> se�ured hereby, and {i�i}�he rem�inder, i�any, �o�h� person or p�rson� legaf�y entit�ed ther�to.
<br /> �c� Trustee may�n the manner pra�ided by law pos�pvne saje��all ar any portivn��the Praperty.
<br /> Remedies Not Exc[us�►►�. Trust�e and Lender, and each o� them, shall be entitled to enfarce payment and
<br /> per�vrmanGe❑f any inde�tedness or olali�a�i�ns secured by th�s Qeed of Trust and ta exercise al! rights and powers
<br /> under this Deed o�Trust� und�r'�he Nv�e, under any �f the Re�a#ed ❑ocuments� ❑r under any o�her agreem�nt ❑r
<br /> any laws now �r hereafter �n �Farce; notwiths�anding, some �r al! v�such indebtedn�ss and ❑bligations Secured by
<br /> this Deed o�Trust may navtir ar hereafter �e o�herwise secured, whe�her by mor�gager deed v�trus�, pl�dge, lien,
<br /> assi�nmen� ar o�herwise. N���her the accep�ar��e ❑� this fl��d �� Trust nor its enfvrcement, wh��her by court
<br /> actE�n ar pursuant to the pawer af sale or ❑�her pov►rers cvn��in�d in �his Deed a�Trust. shall pre�udice flr in any
<br /> manner ���ect Trustee's vr Lender's righ� �v rea[ize upon or �n�vrce any ��ther seGuri�y now or h�reafter he�d lay
<br /> Trust�e�r Lender, it being agreed tha�Trustee and Lender,and each v��h�m,shal! be en�it�ed ta en�or�e�his Deed
<br /> af Trust and any v�her security now vr hereafter held by Lender �r Trustee in such arder and manner as �hey or
<br /> either o� #hem may in their absolu�e discretiQn de�er�mine. fV❑ remedy cvnf�rred upvn vr reserved ta Trus�ee ❑r
<br /> Lender, is �ntended to b� eacclusi�e o�any oth�r remedy in this Deed af Trus�or by �aw pra�id�d o� permi��ed, but
<br /> ea�h sha�l be cumula��We�and shai� be in addition to e�ery other remedy gi�en in �his Deed ❑� Trus� ar now ❑r
<br /> hereafter�xis�ing at!aw ar in ��uity❑r by s�atu��, E�ery pvwer vr remedy gi�en by�he No�e or any o��f�e Related
<br /> Documen�s �o Trustee �r Lender ❑r to whiGh either o�F th�m may be �therwis� entitied, may be e�ercised,
<br /> cnncurren�tly or independently, �rom time ta �ime and as often as may be deemed expedient by Trus�ee ar Lender,
<br /> and ei�her of them may pursue incvnsist�nt remedie�, Na�hing in �his De�d of Trust shall be construed as
<br /> prvhibiting Lender fram seeking a def�ciency�udgment against the T�ustar tv the exten�su�h activn is perm�t�ed by
<br /> law.
<br /> E[ect�on a� R�medies, AI! ��F Lender's rights and remedies will be cumulati�e and may be exer�ised alone or
<br /> tage�her. If L�nder decides to spend money ❑r ta per�Form any a�Trustor's obligatians under th�s Deed ❑f Trus�,
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