Laserfiche WebLink
2� 17��8� 1 <br /> r�EEa aF T�usT <br /> Loan Nv: 'I�'13a��5� ��ontinued} Page 7 <br /> Property, the �ollection ❑f such ren�s, issues and pro�F�ts, and �he applica�ion thereo� shall na� cure or <br /> wai�e any de#ault❑r natice of defau��t under this Deed ❑f Trus�or in�alidate any act d�ne in response to <br /> such defaul��r pursuant ta such notice vf defaul�; and, notwithstanding the con�inuance in passession ❑t <br /> �he Property ❑r�he call�ction, receipt and applicatian o� rents, issues nr profrts, Trus�ee o� Lender shall <br /> bs enti�led �o exercise every ri�h� proWided for Fn�he Na�e or the Related Dacuments or hy law upvn the <br /> �ccurren�e o�any e�en��f de�aul�, including fihe right to exercise the power o�sale; <br /> �b} Commence an action t❑ �areclose this Deed of Trust as a m�rtgage, appoin� a recei�er or specifically <br /> enfvrce any o�the co�enants herev�; and <br /> tc} Deli�er�a Trus�ee a writfien de�laration of default and demand fvr sa�e and a written natice of default <br /> and el�c�i�n�o cause Trustar's interes�in�he Prope�-ty to be svld, whi�h notice Trustee sha�i cause to 1ae <br /> duly filed fvr recard in the appropriate o�fices af fihe Cvunty�n which the Prvperty is Iv�ated; and <br /> �d� Wi�h respect to all or any pa�t❑�the Personal Property, Lender shaii ha�e a��the rights and remedies <br /> a�a secured party under the Nebraska Uni�vrm Cammercial Code. <br /> Forec[vsure by Power of 5ale. lf Lender e�ecfis tv foreciase by exercise vfi the Pawer❑f Sale herein con�ained, <br /> Lender shall natify Trustee and shal� depasit with Trustee this ❑eed af Trust and the No�e and suGh receipts <br /> and e�idenc�❑f expenditu�es made and secured by this ❑eed vf Trust as Trustee may require. <br /> �a� Upvn �-ec�ip��f such notice �rom Lender, Trustee shall cause to be recarded, pula�ished and deli�ered <br /> to Trustor such Nv�i�e ❑f Default and Natice af Sale as then required �y law and hy�his aeed of Trus�. <br /> Trustee shall, wi�haut demand an Trustor, after such time as may �hen be required by law and after <br /> recordation ❑f such No�ice ot ❑e�ault and after Na�ice a�F 5ale ha�ing been gi�en as required by law, sell <br /> the Property a� the time and place ❑f sa�e fixed by ;t in such Noti�e o�F Sale, either as a wha�e, ❑r in <br /> separate Ivts or parcels ar i�ems as Trustee shall deem expedien�, and in such arder as i�may determine, <br /> a� pub�ic auct�on fia �he highest bidder fnr cash in lawful maney of�he lJnited S�afies payable at�he time <br /> af sale. Trustee shall deli�er t❑ such purchaser or purchasers �h�reof its go�d and sufficien� deed or <br /> deeds con�eying �the property so sald, hut wi�hout any co�enant or warran�y, expr�ss or implied. The <br /> recitals �n such deed vf any ma��ers ❑r �acts shall be cvnclusi�e proo� o�the truth#ufness thereof. Any <br /> person, �ncluding wi�hout limi�ation Trustar,Trustee, ❑r Lender, may purchase a�such sale. <br /> �b} As may be permitted by law, afker deducting a[f C�S�Sr -�ees and expenses n# Trustee and ❑f �his <br /> Trust, including costs ❑f e�id�nc� af title �n canne�tion wi�h sale, Trus�ee shall apply�he praceeds of sale <br /> to paymen�❑�f �i} all sums expended under the terms o�this Deed of Trus�❑r under th�terms o�the Note <br /> no� then repaid, including but not limi�ed t❑ ac��ued interest and late charges, �ii} a!f ❑�he�- sums then <br /> secured hereby, and �iii}�he remainder, ��any,fi❑�he person or persons le�ally enti�led thereto. <br /> {�� Trustee may in�he manner pro�ided by law pos�pone saEe❑f all or any portian of the Proper�y. <br /> Remedies Not ExclusEve. Truste� and Lender, and each �f �hem, shall be en�i�led �o en�force payment and <br /> performance af any indeb�edness or obligations secured by this Deed o�Trus�and�to exercise all rights and powers <br /> under �his L�eed of Trust, under�he Nate, under any of the Related Documents, ar under any ❑ther agreemen� vr <br /> any laws now or hereafter in force; na�wi�hstanding, s�me or all of su�h indeh�edness and �bligations secured by <br /> this Deed ❑�Trust may now �r her�af�er he otherwise secured, whether I�y mar�gage, deed ❑f trust, p�edg�, lien, <br /> assignment or otherwise. Nei�her the a��ep�ance ❑� this �esd ❑f Trust n�r its enfarcement, whether by c�urt <br /> acfiivn or pursuant�k❑ �he power of sa�e ar ❑ther pvwers contained in this ❑eed o�Trus�, shall prejudice ar in any <br /> mann�r affect Trusfiee's ❑r Lender's righ� tv reali�e upan vr enfivrce any o�her security nvw vr hereafter heEd by <br /> Trustee or Lender, it heing agreed�ha�Trustee and Lender, and each of them, shaf� be enti�led�❑enfarce this D�ed <br /> ❑f Trus� and any other secur�ty now or hereafter held hy Lender or Trus�ee in such order and manner as they or <br /> either ❑f�hem may in their absolute discretivn determine. No remedy Gonferred upon ❑r reser�ed tv Trustee vr <br /> Lender, is intended �❑ be exc�usi�e ❑�f any other remedy in thFs ❑eed of Trust ar 1ay [aw pro�ided or permit�ed, but <br /> each sha[C be cumulati�e and shall be in addi�ion to ��ery other �emedy gi�en in this l�eed o� Trust or now ar <br /> hereaf�er exis�ing a�faw ar in equity❑r by statute. Every power or remedy gi�en 1ay the Note or any❑f the R�lated <br /> �3ocuments �o Trus�ee vr Lender ❑r �a which either o� them may he o�herwise entitled, may be exercised, <br /> cvn�urrently or independently, frvm t�me �❑�ime and as often as may b� deemed expedient by Trus�ee ar Lender, <br /> and either o� them may pursue incansis�en� remed�es. Nv�hing in this �3eed o� Trus� sha[I be construed as <br /> prvhihiting Lender�r�m seeking a deficiency judgmen�agains�the Trusto�-t❑�he extent such a�fiian is permit#ed by <br /> law. Efecfiian 1ay Lender �❑ pursue any remedy shall not exclude pursuit vf any o�her remedy, and an efec�ion to <br /> make expendi�ures ❑r t❑ take a�fiion to per�o�m an ❑bligation ��Trus�or under fihis ❑eed ❑f Trust, after Trusfiar's <br /> failure�o per�arm, shall nat a�fe�t Lender's righ��❑dec�are a defaul�t and exe��Ese its remedies. <br /> Request for Notice. Trus�vr, ❑n behalf o�Trus�or and Lender, hereby requ�sts�ha�a copy of any Nv�ice of�efault <br /> and a capy of any Notice af Sale under this ❑eed v�F Trust he mailed to them at�he addresses set far�h in th�first <br /> paragraph a�this ❑eed of T�ust. <br /> Attorneys' Fees; Expenses. If Lender �nstifutes any suit ❑r action to en�vrce any of �he �terms of this Deed o# <br /> Trust, Lender shall be entit�ed t❑ reco�er such sum as fihe cvurt may adjudge reasanable as at�vrneys' fees at�rial <br /> and upon any appeai. Whether or no� any cvurt ac�ion is �n�vl�ed, and ta the extent no� prohibited by law, all <br /> r�asanable expenses Lender incurs tha� in Lender's opinian are necessary at any �ime fa�- �he pro�ectEon �� i�s <br /> interes�❑r�he enforcemen�o�its r�ghts shall hecome a pa�t o��he Indeb�edness payahle on demand and sha�! bear <br />