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2� 17���45
<br /> DEED �F TRUST
<br /> Loan Nv: '10'�3���06 tContlrlued� Page 7
<br /> Right to Cure. �f any default� a�her than a defaul�in payment, is curable and if Trus�or has not been gi�en a notice
<br /> v�a breach❑f the same pra�ision ❑f fihis Deed vf Trust w�thin�he preceding�wel�e �'��} mon�hs, it may be cured if
<br /> Trustor, after Lender sends w�-itten notice to Borrower demanding �ure of such defaul�: ��� cures the default
<br /> within f�#teen �15� days; or �2� if the cure �equires more than fF�teen �15y days, immedia�ely init�ates steps which
<br /> Lender deems in Lender's sole discre�ian �a be su��Ecient t❑ cure the de#aul� and ther�after cantinues and
<br /> completes a!� reasonabie and necessary steps sufficient to produce compliance as soon as reasvnably prac�ical.
<br /> RIGHTS AND REMEDfES �N DEFAULT. lf an E�ent af �efaul�occurs under this Deed of Trus�, at any time thereafter,
<br /> Trustee or Lender may exe�cise any one ❑r more of the fo�tawing righfis and remedies:
<br /> Accelerafion Upon Default; Addi�iona� Remedies. Ifi any E�ent of aefault occurs as per the terms o�the Na�e
<br /> secured hereby, Lender may declare all Indeb�edness secured by this Deed o�Trust to be due and payabF� and
<br /> the same sha��thereupon be�ome due and payable without any presen�ment, d�mand, protest or nvtice vf any
<br /> kind. Thereafter, Lender may:
<br /> �a� Either in persvn vr by agent, with vr w�thou� bringing any ac�ion or proceeding, or by a recei�er
<br /> appointed by a court and without regard to�he adequacy ❑f Ets securi�y, enter upon and take pvssession
<br /> of the Praperty, or any part therevf, in its ❑wn name vr in the name vf Trustee, and dv any acts which it
<br /> deems necessary ar desirable�o preser�e the �a�ue, marketabiii�ty ❑r rentab��ity of�he Property, ar part❑fi
<br /> the Property or in�erest in the Praperty; increase the income fram the Property vr protect#he se�urity ❑�
<br /> �he Praperty; and, wi�h vr without taking possessian a�F the Prvper�y, su� f�r ❑r ❑therwise coifect �he
<br /> rents, issues and pro�its of�the Property, including �hvse past due and unpa�d, and apply fhe same, less
<br /> costs and expenses of operation and collection attorneys' �ees, to any indebtedness secured by this Deed
<br /> o�F Trust, all in such order as Lender may det�rmine, The en�ering upon and �aking pvssession of the
<br /> Prape�ty, �he collectian af such rents, issues and pro�its, and the application thereof shall nvt cure or
<br /> waiWe any de�au�t ar notice of defaul� under this Deed ❑f Trus�or in�alida�ke any act dvne in response t❑
<br /> such de�ault or pursuant to such no�ice o�defautt; and, no�withstanding�he continuance in passession ❑f
<br /> the Property or the cvfEectivn, receipt and applica�ian of ren�s, issues or pro�its, Trustee or Lender shall
<br /> b� entitled �o exercise e�ery right pro�ided fnr in�he N�te or the Re�ated I�o�umen�s ❑r by law upon the
<br /> occurrence❑�any e�ent of default, including the right to exercise the pawe�o�sale;
<br /> tb} Cvmmence an action t❑ �orec�ose this Deed of Trust as a mor�gage, appoint a recei�er or specifically
<br /> enforce any of the co�enants hereafi; and
<br /> �c� Deli�er to Trustee a wri�ten declara�ian v�default and demand �vr saCe and a wri�ten notice v�default
<br /> and election to cause Trustor's in�erest�n the Property tv b� svld, which notice T�'ustee shall cause ta be
<br /> duly fE�ed for record in�he apprvp�iate offices of the Cvunty�n which the P�-operty is l�cated; and
<br /> {d� VIlith respect t❑ all or any part of the Persanal Praperty, Lender sha1� ha�e a�E�he rights and remedies
<br /> of a se�ured party under the Neb�raska Unifvrm Commercial Code.
<br /> Fareclvsure hy Power vf 5aie, lf Lender elects to�a�-eclvse by exercise ❑f the Pow�r ot Sale herein cvntained,
<br /> Lender shall n�tify Trustee and shail deposit with Trustee th�s ❑eed of Trust and #h� Na�e and such receip�s
<br /> and evid�n�e of exp�nditures made and secured by#his D�ed o#Trus�as Trus�ee may require.
<br /> �a} lJpon receipt vfi such notice #�-om Lender, Trustee shall cause to be recorded, published and deli�ered
<br /> to Trustor such Notice of De�au�fi and Nvtice of Sale as �hen required by law and by this �eed vf Trus�.
<br /> Trustee shalf, without demand on Trustor, after such fi�me as may then he required by law and after
<br /> recordation ot such Notice �# �3e�au�t and af�er NvtE�e of Sa�e ha�ing been gi�en as required by [aw, se11
<br /> the Property at the time and p1a�e of sale fixed by it in such Notice v� Sale, either as a whole, or in
<br /> separate lots ❑r pa�c��s ar items as Trus�e� shaE[ deem expedi�nt, and in such order as it may determine,
<br /> at public auction to �he highest bidder�or cash in lawful maney of�he United States payable at�he time
<br /> of sa�e. Truste� shall deli�er to such purchaser or purchase�s therea� i�s g�ad and sufficient deed �r
<br /> deeds can�eying the property s❑ sold, but withou� any co�enant ❑r warranty, express or implied. The
<br /> recitals in such deed af any matters or facfis shall be �oncfusi�e prvaf af �he �ruthfiulness �hereof. Any
<br /> person, includfng wi�hvut fimitativn Trus�or, Trustee, or Lender, may purchase a�such sale.
<br /> �b} As may be permitted by �aw, after deducting all costs, fees and expenses vf Trus�ee and of this
<br /> Trust, including costs ❑f e�idence of fitle in connect�on with safe, Trustee shall apply�he praceeds❑�sale
<br /> �o payment❑f {i� all sums expended under the terms o��his ❑eed ❑f Trust vr under the terms v#the No�e
<br /> not then repaid, including bu# nvt limi�ed t❑ accrued in�erest and late charges, �ii} all ❑ther sums then
<br /> secured hereby, and �iiiy the remainder, if any,tv the person or persans lega�ly en�i�led thereto,
<br /> �c} Trusfiee may in the manne�pro�ided by Eaw pvstpane safe❑�a!f or any portion of the Property.
<br /> Remedi�s Nat Exclusive. Trustee and Lende�-, and each of fihem, shall be entitled to en�orce paymen� and
<br /> performance ❑f any indeb�edness or❑b[igatians secured hy thEs ❑eed ❑�Trust and t❑ ex�rcise all rights and pvwe�s
<br /> under this Deed ofi Trust, under the N�te. under any o��the Related Documents, or under any other a�reement or
<br /> any �aws now vr herea#ter in #orce; n�twiths�and�ng, some ar all ❑�such indeb�edness and obligatians secured by
<br /> this ❑eed vf Trus� may now vr hereafter be atherwise s�cured, whether by mvrtgage, deed of�rus�, pledge, lien,
<br /> assignment or ❑therwise. Nei�her #he acceptance of �his Deed vf Trust nor its enforcemen�, whether by cvurt
<br /> action or pursuant to the power vf sale �r other pawers �ontained in fihis Deed of Trus�, shall prejudice ❑r in any
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