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2� 17��253
<br /> L�EEC3 �F TF�LJ�T'
<br /> .
<br /> Loan N�: 1�'I 30'1553 ���]i�t��ue � �Page 7
<br /> Trustee❑r Lender may exercise any one ar more ❑f the fo(�owing ri�h�s and remedies;
<br /> Accelerativn Upon Defaul�; Additional Remedies. �� �ny Event af De�aul� ac�urs as p�r the��rms of the No#e
<br /> secured hereby, Lender may declare all [ndebtedness se�ured by�his Deed �#Trus�to b� due and payable and
<br /> the same sha(�thereupon become due and payab�e w�thout any pre�entment; c�emand, protes�ar n�tice a�any
<br /> kind. Thereaf�er, Lender may.
<br /> �a� Either in persan vr by agen�t, vvi�h ❑r wi�hout br�nging any a��ion or praceeding, or by a receiuer
<br /> appainted by a �aurt and wi�hout r�gard tv the adequac� ❑fi�ts security, en�er upon and �ak� possession
<br /> of�he Property, or any part th�reofi; in its own name or in the name of Trus��e, and �f� �ny acts which it
<br /> deems ne�essary or desirab�e �ko preser�e the �alu�, marke��bility❑r rentability Qf tl�e Pro�erty, ar part vf
<br /> �the Property vr interest in th�e Prvp�rty; incr�ase �he incame fram �he Pr�perty Qr pro�ect the security �f
<br /> �he Property; and, with ❑r withaut �aking possession �� the Property, sue �vr or otherwise co��ecfi the
<br /> rents, issues and profits afi the Property, �nc�udin� thvse past due and �rnpaid, and apply fihe same, [�ss
<br /> cvsts and expenses af❑pera�ian and �oilection at�orneys" fees, t� any indeb�ed�ess secured by�his ❑e�d
<br /> of Trus�, all in such order as Lend�r may dete�mine. The en�ering up�n and taking pvs�ession �� �he
<br /> Property, �he co��ection of such ren�s, issues and prafi�s, and �he applica�ivn �hereof shall nat cure or
<br /> wai�e any detaul� or not�ce nf defau�� under �his Deed of Trus�+ar invalida�� any a�� dane in respvnse t❑
<br /> s�ch defau[t ar pursuant�o such nati�e �f de�ault; and, notwi�hs�anding �he can�in�anc� in passession ❑fi
<br /> �he Praperty ❑r �he co�lec�ion, rece'rpt and applicat�on o� ren�s, issues vr prafits, Trustee ar Lender shall
<br /> �e entit�ed tv exercise e�ery right pravided for in�he Nate ar th� Rel�ted Do�umen�s or by law upan �he
<br /> accurrence❑�any e�ent o�de�auit, incCuding �he righ��o�xercise the pawer vf saie;
<br /> �b� C�mmence an actian �o �oreclose this Deed a�Trus� as a mor�gage, appoint a recei�er or specifica[(y
<br /> enforce any af the cavenants hereo#; and
<br /> �c� ❑eli�er�o Trust�e a r�ritten d��lara�ion ❑f de�ault and demand fvr sale and a wri�te� nafice vf de�ault
<br /> and e[ection tv �ause Trusto�'s �nterest in the Praper�y�o be so�d, which na�ice Trustee shal! �ause�v be
<br /> duly fifed far recvrd in the apprapriate vffices of�he County in which the Proper�ty is �oca�ed; and
<br /> �d� Wi�h �espect t� a[� or any part vf the Personal Pr�pe�ty� L�nder shall ha�e al� �he rights and rem�d�es
<br /> of a secured party ur�der th� Nebraska Uniform CommerGial �vde.
<br /> Foreclvsure by Power o�SaIe. If Lender ele�ts ta �vreclose by exercise a�the P�wer af Sal� herein contained,
<br /> Lender shall na�ify Trus��e and shall deposit with Trustee '�his ��ed af Trust and �h� CVvte and such receipts
<br /> and evidence vf�xpendi�ures made and secured by�his ❑eed o�Trus�as Trusxee m�y req�ire.
<br /> �a� Upan receipt af such notice fram L�nder, Trus�ee sh��l cause �❑ be re�vrdedE published and deli��red
<br /> tv Trus�ar such Notice o� Default and Nn�ice of 5ale as �hen required by law and by �his aeed of Trust.
<br /> Trus�ee shali� withau� demand ❑n Trustor, aft�r such �ime as may �hen be requ"rred by �aw and af�er
<br /> recordat�pn af such Notice v� �e�aul� and afte�- Na�ice af Sale having �een gi�en as requir�d by lav+�, sell
<br /> th� Property a� the time and place ��F sale �ixed by it in such Notice of Sale, either as a whale, or in
<br /> separa�e lots ar parcels or items �s Tr�stee s�a[[ de�m expedien�, and in su�h order as it may d��ermine,
<br /> a� public auction ta the highest bidder far casl� in Iaw#ul money af the Uni�ed S�.a�es payable at�he �ime
<br /> of sale. Trustee sha�� deli�er to such pu��has�r ❑r purchasers �hereof i�s gaod and su��icien� d��d �r
<br /> deeds conveying �he property so sold, bu� withau� any co�enant ar warranty, express ar implied. The
<br /> r�ci�a�s in such de�d v� any mat�ers ar �acts shall be cfln�lusive pra�f of �he tru�hfiuln�ss �hereo�. Any
<br /> person, includ�ng withaut limita�ivn Trus�or,Trus��e, ar Lend�r, rnay purchas� a�su�h sa[e.
<br /> ��� As may lae permitted by law, a�ter deducting all cc�s�s, fees and expenses of Trustee and a�F �his
<br /> Trus�, �ncluding c�sts af e��dence vf ti�ie in cvnnection with sal�, Trustee shal� apply the proc�eds of sa�e
<br /> tn paymen�o� �i} a[l sums expended under�he terms vf this Deed of Trus�ar under th�terms af�he No�e
<br /> not then r�paid, inc�uding but not limi�ed ta �Gcrued interest and late e�arges, ��i� all a�h�r sums �hen
<br /> secured hereby, and �iii}the rema3nd�r, if�ny, to the persan or persans legaily entitled thereta.
<br /> �c� Trustee may in th�e manner pro�id�d by lavv pos�pone sale of all vr ar�y por�ian a��he Props�ty.
<br /> Remedies Nvt �x�lusive. Trustee and Lender, and �ac� �� them, shall b� entitled ta �enforce paymen� and
<br /> per�orman�e af any indeb�edness or�b[igations s�cured by this Deed v�Trus�and �v exercise a�� righ�s and powers
<br /> under this �eed af Trust, under the Na�e, under an�y a� the Related �ocument�, Qr under any t�th+�r agreemen�t or
<br /> any lav+�s now ar herea�ter in farce; natw��hs�anding� same or all a�such indeb��dness and ob[iga�ians secured by
<br /> this a��d af Trust may naw ar he�ea���r be vtherwise secu�ed, whe�her by mvrtga�e, de�d o�trus�, pledge, lien,
<br /> ass�gnment or o�h�rwise. IVeither the a�ceptance of this ❑e�d o� Tru�t nvr it� �nfvrcer�e�it, �rvhether by court
<br /> ac�ivn ar pursuant ta �he pow�r v� sa�e v� other powers contained in �his �]eed a� T'rust, shal[ prejudice �r in any
<br /> manner affe��t Trustee's or Lender�'s right �o reali�e upon �r enf�rce any� v�Cher seGurity now or hereaf�er held by
<br /> Trustee ❑r L:ender, it heir�g agreed�hat Trustee and Lender, ar�d each of�hem, shall be entitl�d�a enfvrce�his C�e�d
<br /> o� Trus� and any vther security naw ar her�a�er held by Lender vr Trus�ee in such �rder and manner as they ar
<br /> eith�r vf them rx�ay in their absalu�e �iscretion de�ermine. No remecly con��rre� upon ❑r r�serWed ta Trustee vr
<br /> Lender, is in�ended to be ex�lusi�e o� any ather remedy in fihis ❑e�d of Trust or by favv �rovided ar perrr�i�fed, but
<br /> each shal� be �umu�a�i�e and shal! be in addi�ion ta e�ery other remedy gi�en in th�s Qeed af �'rus� or now ar
<br /> herea��er existing a�C law�r in equi�y ❑r by statu�e. Every pawe�ar remedy given �y�he Note �r any a��he Refated
<br /> Do�uments t❑ Trustee vr Lender ar �v which either a� th�m may b� �th�rwise en�it[ed, maY be exercised,
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