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2� 17�� 144
<br /> DEED �F TRUST
<br /> �CDnt�nued} Page 6
<br /> permission, �oreclosur�by the ho�der vf another[ien, or the use of funds or the dwelling for prohibited purpases.
<br /> R�GHTS AND REMED�ES ON DEFA�LT. l�an E�ent of Defaul�occurs under this Deed �f Trus�, at any time thereafter,
<br /> Trustee or Lend�r may exercise any one or more of the�ollowing rights and remed�es:
<br /> Acceleration Upan Default; Additional Remedies. lf any E�ent of Defaul�ocGurs as per the terms of the Credit
<br /> Agreement secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust tv be du� and
<br /> payabl� and the same sha[1 �hereupon became due and paya�le w�thvut any presentmen�, demand, protes�vr
<br /> notice of any kind. Thereafter, Lender may:
<br /> �a} Either in person or by agen�, wi�h or without bringing any act�on or proceeding, or by a recei�er
<br /> appointed by a courk and withvut �egard �v the adequacy of its security, enter upon and take possess�on
<br /> of th� Praper�y, ar any par�therevf, in its awn name or ir� the name of Trustee, and da any ac�s which it
<br /> deems necessary or desirable to preserve th��alue, marketabi[i�y ar�en�ability of the Property, or part af
<br /> �he Property or interest in the Property; increase the income fram the Proper�y or protect the secur�ty af
<br /> �he Prope�ty; a�nd, with or without taking possession of the Praperty, sue for or othenivise collec� �he
<br /> rents, issues and profts of the Property, inciuding those past due and unpaid, and apply the same, ��55
<br /> costs and expenses of opera�ion and collection attorneys'fees, to any indebtedness secured by this L]eed
<br /> of Trust, al� in such order as Lender may de�ermine. The entering upon and �aking possession of#he
<br /> Property, #he Gol�ection o� such ren�s, issues and profits, and the app�ica�ian �hereof shall nvt cure or
<br /> wai�e any defiau�t or notice af de�'auft under this aeed o�'Trust or in�alidate any act done in response to
<br /> such defau�t or pursuant to such not�ce af default; and, notwithstanding the con�inuan�e in possess�on nf
<br /> the Proper�y or#he caCCection, receipt and app�icatian af rents, issues or profi�s, Trus�ee or Lender sha�l
<br /> be enti��ed to exercise �very right pro�ided for in �he Credit Agreement ar�he Rela�ed Documents or by
<br /> law upon#he occurrence o�a�ny e�en�a�'default, includ�ng the right to exercise the power of sale;
<br /> �b} Comm�nce an ac�ion to foreclase�his Deed of Trus� as a morkgage, app��nt a receiWer or spe�ificalfy
<br /> �nforce any af�he co�enants he�eof; and
<br /> �c} De[i�er to Trustee a written declaration o�defau�t and demand for sale and a written no�ice o�default
<br /> and ef�ctian to cause Trus�or's �nteres�in the Prope�ty to be sold, which no�ice Trustee shall cause ta be
<br /> du[y fi�ed f�r record in the appropr�ate offic�s of the County in which�he Pr�oper�y is located; and
<br /> �d} �lVi�h respec�ta alf or any part of the Personal Proper�y, Lender shal� hav�al[�he righ�s and remed�es
<br /> o�a secured par�y under the Nebraska Uniform �ommercial �ode.
<br /> Forec�osur� by Power o�Sa1e. If Lender efec�s ta foreclose by ex�rcise vfi�he Pawer�f Sale herein contained,
<br /> Lender shall nofify Trustee and shafl deposit with Trustee this Deed of Trust and �he Credit Agreement and
<br /> such receip#s and e�idence af expsnditures made and secured by this Deed of Trust as Trus�ee may require.
<br /> (a} Upfln receip�a�such no�ice from Lender, Trustee sha�l cause ta be recorded, pub�ished and deli�ered
<br /> to Trus�or such Notice of Default and Natice o�F Sa�e as then required by !aw and by fhis Deed o�Trus�.
<br /> Trustee sha[I, vuithaut demand on Trustor, after such time as may then be requ�red by !aw and af#er
<br /> recordation o�such No�ice nf Defaul� and af��r No�iee o�5afe having been given as required by law, sell
<br /> the Prope�ty at the t�me and p�ace of sal� fxed by i� in such Natice of Sale, �ither as a whole, or in
<br /> separa�e lots or parce�s ar items as Trus�ee shal[ deem expedien�, and in such order as it may determine,
<br /> a� publ�c auction �o �he highes� bidder fo�cash in lawful money Qf�he United 5tates payab�e at the�ime
<br /> of sale. Trustee shall deli�er to such purchaser or purchasers ther�o� its good and sufficient deed or
<br /> deeds con�eying �he praperty so so�d, bu�without any co�enant or warranty, express or implied. The
<br /> reci�afs in such deed of any matters or facts shall b� canc�usi�� proof of the truthfu�ness thereof. Any
<br /> person, including without limi�a�ion Trustor, Trustee, or Lender, may purchase a�such sale.
<br /> �b} As may be permitted by law, a�ter d�ducting al� �as�s, fe�s and expenses o�' Trustee and of �his
<br /> Trust, �ncluding cos�s af evidence af�itle in connec�ion with sale, Trus�ee shal�apply the proceeds a�sa�e
<br /> �o payment o�' �i} al! sums expended under the terms �f th�s Deed of Trust a� under the terms of�he
<br /> Credi�Agreem�nt not then repa�d, including but not iimited to accrued in�eres� and late charges, ��i} a{1
<br /> other sums then secured hereby, and �iii} the remainder, if any, to �he person or persons legafly en�i��ed
<br /> �here�o.
<br /> [c} Trus�ee may in the manner pro�ided by�aw pos�pone sa�e o�al[or any por�ion o�the Proper�y.
<br /> Remedies Not Exclusive. Trustee and Lender, and ea�h of them, shall be entitled to en�orce payment and
<br /> performance of any indeb�edness o�obl�gati�ns secured by this Deed of Trus�and#o exercise a!I rights and powers
<br /> under this Deed o�Trust, under the �redit Agreement, under any af the Related Documents, or under any oth�r
<br /> agreemen� ar� any laws now or hereaft�r in force; not�nr�thstanding, some or al! af such indebtedness and
<br /> obl�gations secured by�h�s Deed o�Trust may now o�hereaf�er be othenrvise secu�ed, whether by mor�gage, deed
<br /> of trust, pledge, lien, assignment o�o�herwise. Neither the acceptance v�this Deed of Trust nar i�s�nforcemen�,
<br /> whe�her by court ac�ion or pursuant to the power af sale or other powers con�a�ned in �his Deed of Trust, shafl
<br /> prejudice or in any manner affect Trustee's ar Lender's right ta realize upon a�enforce any o�her security now or
<br /> hereafter held by Trustee or Lender, it be�ng agreed�hat Trustee and Lender, and each o�them, sha[� b�ent�tled�Q
<br /> enforce thi� De�d af Tru�t and any other security now ❑r h�reafter held by Lender or Trustee in such order and
<br /> manner as they or either vf #hem may in �heir absoiu�e discre�ion determine. No remedy canferred upon or
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