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2� 17��8�5
<br /> DFED �F TRUST
<br /> Laan Nv: "���3D��44 ��ont�nued} Page 7
<br /> Pr�per�y, the colle��ion of such ren�s, issues and pro�fits, and �he appIicatian thereof shall nat cure or
<br /> wai�e any defauit ar notice of default under this ❑eed a�Trust vr in�alidate any act done in response to
<br /> such de�aulf�r pursuan�to such notice a�default; and, no�wi�hs�anding�he con�inuance in passessian of
<br /> �h� Praperty or �he �o��ect�on, receip�t and applica�ion ❑� rents, issues or profits, Trus�e� o� Lender sha�l
<br /> �e enti�led to exercise e�ery right pra�ided for in the Na�e or the Re�ated ❑ocumen�s or by law up�n �he
<br /> accurrence❑�any eWent v�default, including�he r�ght to exercise the pawer❑f sale;
<br /> �b} Commence an action to foreclose this Deed o�Trust as a marfigage, appoint a recei�er o�speGifiGally
<br /> enfvrce any o�the �o�enants hereof; and
<br /> �c� Deli�er to Trustee a w�itten declaration ❑�f d�faulfi and demand fvr sa�e and a written no�ice o�F default
<br /> and election t❑ cause Trus�to�'s infieresfi in�he Proper�y ta be sold, which notice Trustee shall cause to b�
<br /> duly filed for recard in the apprapriate�ffices of the County in which the Praperty is located; and
<br /> �d} With resp�ct to ai! o� any part❑��he Persona� Pr-oper�y, Lender shal} have all �he righ�ts and remedies
<br /> ��a secured party under the Nebraska Uniform Cammer�iai Cvde.
<br /> Fvreclosure by Power of 5ale. I�Lender elec�s t❑foreclase by exercise of the P�wer o�5ale herein con�ained,
<br /> Lender sha�( no�i�y Trustee and shall deposi�with Trustee �his Deed o�Trust and �he Note and such receipts
<br /> and eWidence of expendi�tures made and secured by this i�eed of Trust as Trus�ee may requi�e.
<br /> �a} Upan receip�vf su�h n�tice�rom Lender, Trustee shall cause t❑ be recarded, published and deli�ered
<br /> t� Trus�vr such Notice o�f De�aul� and Not€ce vf Sale as then required by law and by this fleed vf Trus�.
<br /> Trus��e sha��, withvufi demand on Trustor, af�er such time as may fihen be required by law and afker
<br /> �ecordativn ��such No�ice �� �efault and after Nofiice o� Sale ha�ing been gi�en as required hy law, sell
<br /> the Property at �he �ime and place af sale fixed by it in suGh N��ic� o�f Sa�e, eifiher as a whole, ❑r in
<br /> separate lots ❑r parGels or ifiems as Trus�ee shall deem expedient, and in such ❑rder as it may de�ermine,
<br /> at public auc�ion t��he highest bidder�for cash in law�ui mvney af the Uni�ed S�a�es payable at the fiime
<br /> o� sale. Trus�ee shall deliver tv such purchaser or purchase�-s thereo� its goad and sufficient de�d or
<br /> deeds cnn�eying �he proper�y so sold, hut without any co�enant �r wa�ranty, express or imp�ied. The
<br /> reci�als in such deed of any matfiers vr facts shall be conc�usive praaf o�F�he truthfuln�ss ther�of. Any
<br /> persvn, including withaut limitation Trus�or,Truste�, or Lender, may purchase at such sale.
<br /> {b} As may be permitted by law, af�er deducting afF costs, fees and expenses ❑f Trustee and ❑�f this
<br /> Trusfi, including costs of e�idence ❑f title in connec�ion with sale,Trustee shall apply�he proceeds of sale
<br /> tv payment❑f �i� all sums expended under the terms of this Deed o�Trust❑r under the terms of the No�e
<br /> not then repaid, includ�ng but nv� limited �o accrued in�eres� and late charges, �3�} all �ther sums then
<br /> secured hereby, and {iii�the remainder, i�any,�o�he person or pe�-sons �ega��y enti�led�here�o.
<br /> {c} Trustee may in�he manner pro�ided by faw postpone sate o�a��❑r any portivn❑f�he Property.
<br /> Remedies Not Ex�lusive. T�ustee and Lender, and each ❑f �hem, shall he entitled �o en��rce paymen� and
<br /> perfarmance o�any indebtedness �r obligations secured by�his Deed o�Trus�and tv exercise all rights and powers
<br /> under this Deed v�Trust, under the Note, under any vf the Related I�acumen�s, or under any afiher agreement �r
<br /> any laws nov+r vr hereafter in��rce; no�wi�hs�anding, some or all o�such indebtedness and abligatians secured by
<br /> �his I�eed ❑�Trust may nvw ❑r hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien,
<br /> assignment or v�herwise. Neither the acceptance of fihis Deed o� Trust nor its enforcement, whether 1ay court
<br /> action ❑r pursuant to the pvwer vf sa�e nr ❑th�r powers contained in �his �eed o�Trusfi, shall prejudice or in any
<br /> manner affect Trustee's or Lender`s righ� to realize up�n or en��rc� any nther securi�y now ar hereafi�er heid �y
<br /> Truste� a�-Lender, i�k being agreed�ha�Trustee and Lender, and each vf them, shal[ be en�i�led to enforce this Deed
<br /> o�Trusfi and any ❑ther security now or hereafter held by Lender or Trustee in such vrder and manner as they ❑r
<br /> ei�her of �hem may in their absvlute discrefiion determine. N❑ remedy conferred upvn ar reser�ed �v Trustee or
<br /> Lender, �s intended to be exc�us�ve of any other remedy in �his I�eed v�Trust❑r by law prv�ided ❑r permitted, bu�
<br /> ea�h shalf be cumulati�e and shall be in addi�ivn to eve�y �ther remedy gi��n in this Deed ofi Trust or now or
<br /> hereafter exis�ing a��aw or�n equity vr by s�a�ute. E�ery pow�r or remedy gi�en by the Note ar any of�he Rela�ed
<br /> Dvcumen�s ta Trustee or Lender ar ta which either vf them may be o�herwise entitled, may be exercised,
<br /> concurrently or independently, from time�o �ime and as of-ken as may be deemed expedient by Trus�ee ❑�- Lender,
<br /> and either o� them may pursue inconsisten� remedi�s. Nothing in fihis ❑eed af Trus� shall he cons�rued as
<br /> prohibiting Lender fram seeking a deficiency judgment against�he Trus�or to the extent such action is p�rmitted by
<br /> law. E[e��ion by Lender�a pursue any remedy shaCf nvt exc�ude pursuit of any ❑ther remedy, and an elec�tian tv
<br /> mak� expendifiures or fio take actian ta per�orm an obligation ❑f Trustflr under this Deed o�Trus�, after Trustor's
<br /> failure to perform, sha�l no�affec�Lender's right to declare a de�Faul�and exer�ise i�s remedies.
<br /> Request for No�ice. Trustar, on behalf af Trustor and Lender, hereby reques�s that a copy o�any Natice o�❑e�ault
<br /> and a copy a�any Notice ❑f Sale under fihis Deed of Trus� be mailed �❑�hem at the addresses set fnrth in the �irst
<br /> paragraph of this Deed of Trust.
<br /> Attorneys' Fees; Expenses. l� Lender ins�i�u�es any suit ❑r ac�ion to enforce any of �he �erms vf fihis Deed of
<br /> Trust, Lender shall be entitled to re�o�er such sum as�he cvur�may adjudg� reasonable as at�orneys' �ees at�rial
<br /> and upon any appeal. Whether ❑r not any caurt action is invol�ed, and tv fihe extent no� prohibited I�y law, all
<br /> reasonabie expenses Lender incurs that in Lender's apinEon are ne�essary a# any �ime fo�- fihe prvtec�ion vf i�s
<br /> in�erest ar the enforcemen�o�its righ�s shall become a part❑�the Indebtedness payable on demand and shall laear
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