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2� 17���2�
<br /> DEED [3F TRUST
<br /> {Cont�t7ued� Page 5
<br /> and ele�tivn to cause Trus�or's in�eres�in the Property�o he so[d, which notEce Trustee shall cause�a be
<br /> du�y��led#or record in the apRrapriate fl�Ffices a�the C�unty in which the Property is Ioca�ed; and
<br /> �d} V11ith respect t❑ all vr any part vf th� P�rsonaf Property, Lender shall ha�e all the righ�s and remedies
<br /> a�a seGured party under the Nebraska Uniform C�mm�rcia! Code.
<br /> Foreclasure by Power af Sale. ff Lender elects to�fvreclose by�xercise o�th� P��rver of Sa�e herein containe�,
<br /> Lender shall natify Trustee and sha�f deposit wi�h Trust�e this Deed o�Trusr and �he Credi� Agreement and
<br /> such receipts and e�idenGe vfi expenditures made and s�cured by�his Deed o�Trust as Trustee may require.
<br /> 4a� �pon receip�of su�h notice�rom Lender, Trustee sha�i cause�o be rec�rded, pub�ished and de[i�ered
<br /> to T�us�ar such N�tic� a�F De�au[� and Na�ice of 5aie as then re�uired by law and hy �his Dee�i ❑�Trust.
<br /> Trustee shall, wi�hout demand on Trustor, a��er such time as may �hen be required by law and a�rter
<br /> recarda�ivn flf such Na��ce ❑� ❑efau[t and after No�ice �� Sal� ha�ing �een gi�en as re�uired by �aw, sell
<br /> the Praperty at the �ime and pface of sale �ixed by it in such Not�ce v� 5ale, e��her as a whoie. ar in
<br /> separate l�ts ar parcels or items as Trustee shall deem exped�ent, and in such order as �t may d��s�mine,
<br /> at pubi�c auction to the highest bidder fvr cash in lawful money of the L1ni��d States payat�le at the time
<br /> of safe. T�ustee shail deli�er to such purchaser or purchasers therevf its gaad and su��icien� deed ar
<br /> deeds can�eying the p�-aper�y sa so�d, but without any ca�enant or warranty, expr�ss or imp�ied. The
<br /> r�Gitals in such deed v# any mat�ers or facts sha�l be conc�usi�e prav�❑f�he �ruth�u�n�ss ther�of. Any
<br /> person, includ'rng withaut[imitatian Trus�ar. Trustee, o�Lender, may pu�chase at such sa�e.
<br /> {b� As may be perm��t�ted by law, after deduc�ing a�i costs, fees and expensas �# Trus�ee and a� this
<br /> Trust, in�luding costs❑f e�idence�f���le in connection with sa�e, Trustee sha�l apply�he proceeds�f sale
<br /> t❑ payment af ��y a�i sums expended under the terms o� �his Deed a� Trust fl� under �he terms o� �he
<br /> Credit Agreement nat�hen repaid, including �u� not limited to accrued in�erest and iate charg�s, �ii� a1i
<br /> �ther sums th�n secured hereby, and 4i�i} the remainder, if any, tv the person ar persons lega�fy entitled
<br /> ther�ta.
<br /> �cy Truste� may in the manner p�o�ided by�aw postpvne sale❑f a[[or any portivn v�the Proper�y.
<br /> r
<br /> Remedies No� Exclusive, Trus�ee and Lender, and each o� them, sha[[ be entit{ed t� enforce paymen� and
<br /> perfo�man�e of any inde�tedness ar ab[iga�ivns secured by this C3eed o�Trust and to exercis�a�! righ�s and powers
<br /> under this Deed o� Trus�, under �he �redit Agreement, under any of the Related Documen�s, vr under any other
<br /> agreement or any laws now o� h���aft�r in forc�; n�twithstanding, some or a�1 of su�h indebtedness and
<br /> o�ligatians se�ured by�his Deed ❑f Trus�may n�w ❑r her�aft�r be otherwise secured, whethe� by martgage, deed
<br /> of trust, pl�dge, lien. assignment or otherwise. Nei�he�-the acceptance a��his ❑e�d af Trust n�r i�s enforcemen�,
<br /> whether �y court acti�n vr pursuant �o �h� power o�F sale or a�he� pouvers canta�ned �n this Deed o� Trust, shall
<br /> prsjudice ar in any mann�r affect Trustee's vr Lender's right to reali�e upon o�snforc� any ather security naw ❑r
<br /> hereaf�e� he�d �y Trustee o�-Lender, it being agreed that T�ustee and Lender, and each of them, shafi be en�i�led tv
<br /> enforce �his Deed ❑f Trus� and any other security now or hereafter he�d by Lender vr Trustee in such ord�r and
<br /> manner as they nr �ith�� ❑f them may in their absolute discretivn det�rmine. No remedy �vnferred up�n vr
<br /> r�ser�ed �o Trustee vr Lend�r, �s �nfiended ta be exclusive o� any other rsm�dy in �his Deed of Trust or by �aw
<br /> pro�ided or permitted. but each shall he cumulati�e �nd shali be in addi�ion �o s�ery other remedy g��en in this
<br /> ❑eed af Trus� or naw v� hereaf�er exis�ing at �aw ❑r in equ�ty or by statute. E�ery pawer or �emedy gi�en by the
<br /> Cr�dit Agreement or any of the Related ❑ocuments �❑ Trustee or Lender �r to which sith�� �� #hem may be
<br /> otherwise en�itled. may be exercised, concurr�n�ly vr �ndependent�y, from time �o time and as often as may be
<br /> deemed exped�ent by Trustee ❑r L�nder, and eith�r a� them may pu�sue inconsistent remedies. Nothing in �his
<br /> Deed ��Trust sha�1 be construed as prohibi�ing Lender from seek�ng a deficiency judgment aga€nst the Trustvr �a
<br /> the extent such a�tion is permi��ed by law.
<br /> Efec�ian o# R�medies. AI! of Lender's rights and r�medies will b� cumu�a�i�e and may be exercised alone or
<br /> toge�her, I# Lender decides to spend maney or to perform any of Trustor's obliga'tions under�his Deed of Trust,
<br /> after Trustor's failure tv dv sa, tha� de�isian by Lende� will nat a�fect Lender`s right to declare Trustvr in defiault
<br /> and to exercise Lender`s rem�di�s.
<br /> Request fiar Nvtice. Trustor, on behalf a�Trustar and L�nder, hereby requests tha�a copy af any Nvtice o�D�fault
<br /> and a co�y o�any Not�ce of Sa1e under�his De�d o�F Trust be mailed to them at the addresses set��rth �n the �irst
<br /> paragraph of�his De�d of Trust.
<br /> Attvrneys` Fees: Expenses. 1f Lender ins�i�u�es any suit ar a�tion ta en�orce any of the �erms of 'th�s Deed of
<br /> Trust, Lender sha�l be entitied to reco�er such sum as the court may adjudg� reasanable as at�orneys' fees at tria�
<br /> and upon any appeal. Whether or nvt any court action is �nvo�ved, and '�o the extent not prohib�t�d �y law� all
<br /> reasona�l� expenses Lender �ncurs that in Lender's opin�an are necessary at any �ime �or the protectivn �� its
<br /> interes�ar the enforcernent a�its rights sha�� become a par��#the �ndebtedness payable vn demand and shal� bear
<br /> interes� at the Credit A�reement rate #ram th� date ❑f the expenditure until repaid. Expenses c��ered by th�s
<br /> paragraph inciude, withou� �imi�a�ion� however su�ject�o any limits under appli�abfe law, Lender's atto�neys' f�es
<br /> and Lender's fegal expenses, whether ❑r not there is a �awsuit, �ncfuding attvrneys' �ees and sxp�n�es far
<br /> �aankrup�cy proceed�ngs ��ncCud�ng e�fforts �tv modify or�a�a�e any autflmatic stay o� injunctifln�, appeaCs. and any
<br /> an�icipated past-judgm�nt c�l�ect�on ser�ices, th� cost o� search�ng !'�:C�1'd5, obtaining t�t�e reparts t�nGluding
<br /> foreclosure r�ports3, sur�eyars' repo�ts, and appraisai fees, ti�le �nsurance, and �ees �rar the Trustee, to th� extent
<br /> permitted by applicable Iavu. Trustar alsQ will pay any cou�t casts, �n addit�on ta afi other sums pro�ided �y �aw.
<br /> R�ghts flf Trustee. Trustee sha�l have aff o�the rights and duties of L�nder as set forth in�his sec�ion.
<br /> P�VIJERS AND QBLIGATI�NS aF TRUSTEE. The foliowing prvvisi�ns relating tv fihe powers and ah[igati�ns❑�Trustee
<br /> a��par�of�his l�eed a�Trust:
<br /> Powers v�Trust��. �n addition tv a�� pvwers of Trustee arising as a matter v�la►►v, Trustee shall have�he pawer t❑
<br /> �ak�the fvllvw�ng actions with respect to the Proper�y upon the wri��en reques���F Lender and Trustar: ta} �ain in
<br /> preparing and fifing a map ❑� pia� a� ths Reai Property. Enc�ud�ng the dedicatian ot s�ree�s or other rights tv the
<br /> public; �i�� j�in in grant�ng any easemenfi 4r crea��ng any r�striction on �he Fieaf Property; and �c} j�in in any
<br /> subordination or v�h�r agreement affect�ng�h�s ❑eed of Trus�or�he in�eres�t o�Lender under�his Deed of Trus�.
<br /> Trustee. Trustee shall meet a!� qua�i�ica�ions required �vr Trustee under appli�ab(e �aw. I n addition ta �he rights
<br /> and remedies set �vrth aba�e, v►rith respec� �� a11 0� any part o�the Proper�y, the Trustee shali ha�e the right ta
<br /> �arec�ose k�y nv�ice and sale, and Lender will ha�e #he righ� to fore�lose by judicial forec�flsure, in s�th�r case in
<br /> accordance with and to the�u��ex#en#pro�ided by appli�able law.
<br /> Su�cessor Trus#ee. Lender, at Lend��'s aptivn, may frvm t�m��a time appvint a successor Trustee fio any Trustee
<br /> appointed under this Deed af Trus� by an ins�rument executed and acknvwiedged by Lender and re�nrded in the
<br /> office af the recarder af Hal� Gounty, S�ate of Nebras�a. The instrument sha�l con�ain, in addi�t�on tv al! other
<br /> matte�s re�uir�d by state �aw. the names of th� original Lender, Trus�ee, and Trustvr, the bvvk and page 4vr
<br /> cvmputer system re�erence� where this Deed a� Trust is �-ecorded, and the name and address af �h� successor
<br /> trus�ee, and the instrumen�shall be exe�uted and acknowledged by a[�the ben�€�iciaries under this ❑eed of Trust❑r
<br /> their successo�rs in interest. The su��essor trustee, wi�hout can�eyan�e of�he Prflper�y, shal{ succeed �o all the
<br /> t�t�e, power, and dut�es conferred upan�he Trustee in this Deed Q#Trus�and by applicable faw. This p�vicedure far
<br /> su�s�itu�ion of Trus#ee shal�gv�ern to th�exclusion o�all ather pra�isions#vr su�s�i�ut�vn.
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