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2� 17����3
<br /> DF�D �F TRLJ�T
<br /> {�onti�ued� Pag� 3
<br /> RIGHT� �►NQ RE1I�IEDIE� �N L�EFAULT. Upon �h� occurrence afi any E�ent af aefiaul� unde� any in��btedness, vr
<br /> shau�d Trustvr fail to comply wi�h any of Trustor's obliga�ians under�his Deed of Trust, Trustee vr Lender may exe��ise
<br /> any vne or more❑f�he follor►ving rights and remedies:
<br /> Accele�ativn Upon C�efiau�t; Additivnal Fi�medie�. �# any E�ent�f C�efau�t occur� as per the t�rms of th� Note
<br /> s�cured hereby, Lender may de�fare all lndeb�edness secured by�his �eed vf Trus��o be due and pay�b�e and
<br /> th�s�me sha!!th�reupon become due and payable v►rithout an�presentment, d�m�nd, protest or na�Ece ❑f any
<br /> kind. Th�reafter, L�nd�r may;
<br /> �a� Either in persan vr b� agent, wi�h ❑r without bringing any activn or proceeding, or E�y a recei��r
<br /> aRpointed by a court and withaut regard tQ�he adequacy�f i�s seGurity, enter up�n and take pvssession
<br /> �f the Pra�erty, ar any part thereof, in it� c�vvn name or in�he name v�Trus�e�, and do any acts which it
<br /> d��ms ne�essary vr d�sirable to �reser�e�Che �afue, markefiability ar r�ntahility af the Praperty, or part af
<br /> the P�vperty ❑r int�rest in the Praper�y; increase the incame from the Praperfiy ar prote�t the se�urity ❑f
<br /> the Property; and, with ar wi�h�ut ta�in� pv�session af the Property, sue for �r vtherwise collect the
<br /> rents, issues and prvfits of the Property, including those past due and unpaid, and appfy the sarne, less
<br /> costs and expenses afi opera�ion and calfec�ion attdrneys' fees, to any+ndebtedness secured i�y this Deed
<br /> Q� Tru�t, all in such arder as Lender may determine. The en�ering u�a�n an�1 �aking p�ssessiQn v� the
<br /> Prvp�rty, the col�ec�ion �f such ren�s, issues and prQfrts, and the applica�ir�n thereof shall no� cure vr
<br /> waive any defaul�C or notice o�f default under th�s a�ed vf Trust or �nvalida�te any a�t d�ne in response to
<br /> such defaul�vr pursuant to such nvtice of default; andr notwifihstanding the cont�nuan�e in possessi�n vf
<br /> the Praperty or the collection, receipt and appii�ativn of rents, issues ❑r profits, Trustee or Lender sha!!
<br /> �e entitled to e�ercise ev�ry ri�ht pro�ided fvr in the Note or the Relat�d Dvcuments or by �aw upon the
<br /> occurr�nce af any e�en�p�defaul�. in�luding the right to exercise the p�w�r af�ale;
<br /> �b} GvmmenGe ar� ��ti�n�o forec[as�thEs Deed ❑f Trus�as a mortga�e, app�in�a reGei�er ❑r specificalfy
<br /> �nfiorce any�f�he cavenants hereo�F; and
<br /> {c� De[i��r tv Trustee a wrifiten decFara�ion af defaul�and demand for sale an� a written notiGe of default
<br /> and elect�an�a cause Trustor'S interest�n the Property ta be sold, which nati�e Trust�e shali caus�tv b�
<br /> duly filed for recQrd in�he appropriate v���ces o#�he �vunty in which the P�o��r�y is ��cated; and
<br /> {d} With resp�c��o all or any part o��he Per��nal Properry, Lender shall ha�e all th� righ�s �nd remedies
<br /> ❑#a secur�d party under the Nel�raska lJni#v�m Commercial Code.
<br /> Fvre�lvsure by Power of Sale. If Lender elects tc�forec[vse by exercise v��he P�wer of 5ale h�r�in c�n�ained,
<br /> Lender shall nvtify Trust�e and shall deposit with Trustee th�s �eed af Trust and th� Nate and such receip�s
<br /> and evid�nGe of expenditur�s made and secur�d by this D�ed a�Trust as Trust�e m�y require.
<br /> {ay Upon receipt❑f such nvtice from Lend�r, Trustee sh�[[ cause tv he r�G�rded, published and deli�ered
<br /> tQ Trustor such Notice flf Defaul� �nd Natice of Sale as then required by l�w and by this C�eed ot Trust.
<br /> Trustee shall, without demand an Trustar, a�ter such time as may th�n he required by larrv and a�ter
<br /> re��rdation of such Nvti�e ofi ❑efault and after Nv�ice of Safe ha��ng he�n gi�en as requ�red by law, sel!
<br /> the Praper�y at th� tim� and place of sale #ixed by it in such Notice o� Sale, either as a whvle, or in
<br /> separate ]vts ar parc�ls ar Etems as Trus�ee shall de�m e�pedient, and in su�ht order as it m�y determin�,
<br /> a� puh�ic auctiQn�o the h�ghest bidder far cash in iawful money of the lJni�ted States payabl� at�he time
<br /> of sal�. Trust�� shall deliver tv such purGha�ser vr purchasers thereof its govd and suf��cient deed or
<br /> deeds conveying the praperty s� sold, �ut withvut any �ovenant vr warranty, express or �mplied. The
<br /> reci�tals in such deed ❑f any matters or facts shall he conclusi�e prva# of the �ruthfulness th�r�vfi. Any
<br /> perspr�, including v►rithQu�limitat�on T�-ustor,Trustee, or Lend��, may purchase a�such sa�e.
<br /> �by As may �e permi�ted by law� a�F�er deducting all casts, f��s and expens�s of Trustee and o� this
<br /> Trust, including Gosts a#e�iden�e o��itle in connectian with sale,Trust��shall apply the proceeds�f sale
<br /> to payment of �i} all sums expended under�he terms of this ❑eed of Trust or under the terrns vf the No�e
<br /> nvt then repaid, including but not limited to a�crued interest and la�e charges, �ii� all other sums then
<br /> secured hereby, and �iii}the remainder, i�any, to the perSon or persons legally�ntitled ther�to.
<br /> �c� Trustee may�n�h� manner pro�id�d by law postpone sale of aEl ar any portion of the Prop�r�y.
<br /> Rer�edies Not Ex�lusi��. Trustee and Lender, and each af �hem. sha11 be �ntitled ta en�arce payment and
<br /> performan�e vf any indebfiedness or obligations secured by�his Deed afi Trus�and to exercise all sights and pv►�rrers
<br /> under this Deed of Trus�, und�r the N��e, under any o#the Related Do�uments, or under any v�her agreement ar
<br /> any laws now �r he�eafter �n �arce; nc�twithstandin�, svme or a!! Qf such indebt�dness and a�ligations secured by
<br /> this Qeed of Trus� may now e�r he�reafter b� atherwise se�ured, wh�ther by mvrtgage, deed of trus�, pledge, lien,
<br /> assignmen� or �ther�rise. Neither the acc�ptance �f this Deed ❑f Trust nor its �n�vrcement, wh�th�r by court
<br /> action or pursuant �a the pow�r of sale vr a�rher p�wers �ontained in this ❑�ed o�Trust, shalE prejudice or in any
<br /> manner affe�t Trus�ee's or Lender's right tv realize upon or enforce any v�her security now or herea�ter held by
<br /> Trus��e or Lender, it being agreed that Trustee and Lender, and each of them, shall be en�itled ta enforce this Deed
<br /> of Trust and any ather �ecurity now ar h�rea�ter held by Lender ❑r Trus#ee in such arder and manne� as �hey ar
<br /> either vf �hem may in the�r absolute discretian d��e�mine. Na r�mudy conferred upan or r�ser�ed ta Trustee or
<br /> Lende�, �s intended t� be e�clusiue o# any other remedy �n this C]eed of Trus# ar k�y l�w p�o�ided ar p�rmitted. but
<br /> �a�h shal� be cumulati�e and shal[ be in addition to e�ery other r�medy gi�en in this �eed of Trust or nov►r �r
<br /> hereafite���cisting at law or in e�uity or by statute. Every power ar remedy gi�en by the Note or any of the Relafied
<br /> D�cumen�s to Trustee �r Lender or ta which �ithe� o� them may be vthe�wise entitled, may be exer�ised,
<br /> cancurrently pr independent�y, frvm time�� time and as ❑ften as may k�e deemed �xpedi�nt by Trustee vr Lender,
<br /> and eith�r a�F �Chem may pursue inconsistent rem�dies. Nvth�n� in this ❑eed af Trust shail be Cans�rued as
<br /> p�ohibiting tender fram seeking a deficiency judgment against th�Trustar to the ex�ent such activn is permitted by
<br /> law,
<br /> E1ec�ion �f Remedies, All �f Lender"s rights and remedies will E�e cumula�'r�e and may he exercised alane o�
<br /> tvgeth�r. �f Lender deGides ta spend money vr to perfarm any of Tru�tor's Qbligations under this Deed vf Trust,
<br /> a�ter Trustvr's �ailure ta dv sa, that d�G�si�n by Lender will nvt af�Fect Lender's righ� �r� declare Trus�ar in defau�t
<br /> and to exercise Lender's remedies.
<br /> Request f�r No�ic�. Trus�ar, on behalf vf Trustor and Lender. hereby requests that a copy of any Notice of D��au��
<br /> and a Gopy of any NotiGe nf 5ale under this ��ed of Trust be mailed tv them at the addr�sses set far�th in the �irs�
<br /> par�graph af rhis Deed of Tru�t.
<br /> Attorneys' Fee�; Expenses. If �.ender institutes �ny suit vr a�tion ta enfvr�e any t�� the terms of �his ❑eed vf
<br /> Trust, Lender sha�I be entitled �o reco�er�such sum as the court m�y adjudge reasc�nable as at�vrney�' �ees at trial
<br /> and upvn any appeal. Whe�her ❑r not any court action is in�Ql�ed, and �o the extent n�t prohibi�r�d by law, a11
<br /> reasonabEe expense� Lender incurs that in L�nder's opini�n are necessary at any time f�r the protectian ❑# its
<br /> interest or th�enf�rcement c�f its rights shall become a par�c�f the lnd�btedn�ss payable on demand and shali bear
<br /> interest at�he Note rate fram the date❑�th�exp�nd�tur� until repaid, Expenses co�ered by this paragraph En�lude,
<br /> ►nrithout I�mi�a�ian, howe�er sub��ct tv any limi�s unde� applicable lavv, Lender's att�rn�ys' �ees and Lender's legal
<br /> expens�s, whether or na� �here is a lawsuit, inctuding a�t�rneys' fees and expens�s f�r bankruptcy proceedings
<br /> {includ+ng efforts to modify or�acate any automatic stav�r injunction}, appeals, and any anticipated post-judgmen�
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