2� 17� 1481
<br /> DEED DF TRUST
<br /> Laan No: '1�13��34g {C�ntinued� Page 7
<br /> Right to Cure. If any de-�au[t, other than a default in payment, is cu�able and i�F Trustor has nofi laeen gi�en a notice
<br /> af a breach ❑f�he same pro�ision of-�his Deed ❑f Trust wifihin fihe preceding twel�e 4�2} mon�hs, it may be �ured i�
<br /> Trust�r, af�er Lender s�nds writ�en no�tice fio Trus�or demanding cure of such default: �1} cures�he default within
<br /> fifkeen ��5� days; �r t2} if the cure requires more than fifteen {'i 5} days, immedia�ely inifiiafi�s sfieps which Lender
<br /> deems in Lender's sole d'€scretian to be sufficien�t❑ �ure the defaul� and thereafter c�ntinues and comp�etes all
<br /> reasonable and necessary s�eps suffFcfen��o produ�e camplFance as saan as reasanably practica�.
<br /> RIGHTS AND RE1VlED1E5 �N DEFAULT. If an E�en� o� Defaul�occurs under this aeed ❑f Trust, a� any time �hereafter,
<br /> Trus�ee❑r Lender may exerGise any one or more af the�o[I�wing righfis and remedies:
<br /> A�celera�ian Upvn Default:Additional Remedies. [f any E�ent❑� Defaulfi occurs as per the terms of the Nvte
<br /> secured hereby, Lender may declare all lndeb�edness secured 1ay fihis Deed vf Trust�� be due and payab(e and
<br /> the same shall�hereupon became due and payalale without any presen�ment, demand, prot�st a�-notice❑f any
<br /> k�nd. Thereaf�er, Lender may:
<br /> �a} Ei�her in persvn or hy agen�, with or wi�hout bringing any ac�ion or proceeding, or by a recei�er
<br /> appointed by a cour� and wi�haut regard ta fihe adequacy of its securi�y, enter upon and take pvssession
<br /> �f the Proper'�y, ar any part thereafi, in its own name ar in the nam� ❑f Trustee, and d� any a�ts which i�
<br /> deems necessary or desi�able ta preser�e�he�alue, marketabi[ity vr rentabi�ity vf the Property, or part o�f
<br /> the Proper�y or Enteres� in�he �roper�y; incr�ase �he incvme from th� Property ar pratect fihe security o�
<br /> the Proper�y; and, with ❑r without �aking possession ❑� the Proper�y, sue fvr or �therwise collec� fihe
<br /> rents, issues and pr��its ❑f�he Prope�ty, including �hose pas� due and unpaid, and apply the same, t�ss
<br /> casts and expenses of vperativn and Gollection a��orneys' fees,to any indebfiedness se�ured by�his ❑eed
<br /> o� Trust, all �n such order as Lender may determine. The entering upvn and taking possession of fihe
<br /> Property, th� caliection ofi su�h rents, issues and pro�its, and the appf ica�ion thereof shall no� cure or
<br /> wai�e any defaul��r n�tice �f defau�t under this Deed of Trust or in�afidate any ac� dane in respanse �❑
<br /> such defaul�or pursuant to such notice vf de�ault; and, n�twi�hstanding the cvnfiinuan�e in possess�vn of
<br /> the P�operty or the collecti�n, receipt and application of renfis, issues ar pr�fits, Trus�ee ❑r Lender shall
<br /> 1ae enfii�led to exercise e�ery right proWided for in fihe Nofie ar�he Rela�ed Documen�s ❑r by law upon th�
<br /> vccurrence of any e�enfi o�default, �nc�uding the right t❑exercise the power of sale;
<br /> {b} Cvmmence an action t❑ foreclase�his ❑eed ❑f Trust as a m�r�kgage, appoint a recei�er❑r spe�ifically
<br /> enfarce any❑f the coWenants hereo�; and
<br /> �c} Deli�er to Trustee a writfien de�larat�an of defauit and demand for sa[e and a wri��en no�ice❑�de�au[t
<br /> and ele��ion ta cause Trustor`s in�erest in�he Property�o be so[d, which no�ice Trus�ee shall �ause t❑ b�
<br /> duly filed for record in the appropriate❑ffices of�he Gvunty in which the Property is �aca�ed; and
<br /> 4d} With respec�to a11 flr any part af the Personal Praper�y, Lender shall ha�e a!i the righ�s and remedies
<br /> o�F a se�ured par�y under the Nel�raska Uniform Commercial Gode.
<br /> Fvreclasure by Power of Sa�e. �fi Lender elects�❑foreclose by exe�-cise af fihe Power❑f Sale herein con�ained,
<br /> Lender sha�i no�ify Trustee and shai� deposi� wifih Trustee fihis Deed o�Trus� and the Note and such receip�s
<br /> and eWidence o-F expendi�ures made and secured by this Deed of Trust as Trus�ee may require.
<br /> �a} Upon receip�of such no�ice from Lender, Trus�ee shall �ause ta be recarded, pubiish�d and deli�ered
<br /> to Trustor such Nv�i�e ❑fi ❑efauEt and Nvti�e ot Sale as then required by law and by�his ❑eed of Trust.
<br /> Trus�ee sha��, withou� demand ❑n Trustor, after su�h time as may then be required by !aw and after
<br /> recorda�ion ❑f such Nvtice vf Defauit and after N�ti�e af Sale ha�ing b�en gi�en as required hy Eaw, sell
<br /> the Property a� �he �ime and �lace ❑f sale fixed hy i� in such Notice ❑f Sale, ei�her as a whole, or in
<br /> separa�e lots �r parcels or items as Trustee sha�f deem expedient, and in such ❑rder as i�may de�ermine,
<br /> a� pul�lic au�tion tv the highes� bidder f�r cash in lawful money o�the United Sta�es payabfe at the time
<br /> of sa1e. Trus�ee shali deliWer #o such pur�haser �r pu�-chas�rs thereof its gvvd and sufficient deed or
<br /> deeds c�n�eying �he proper�y so sold, but without any cvWenan� or warranty, express ❑r implied. The
<br /> recitals in such deed o� any mat�ers ❑r facts shalE be conclusi�e p�-oof ❑fi�he firu�hfulness thereafi. Any
<br /> person, including wi�hout�imitation Trustor,Trus�ee, ❑r Lender, may purchase at such sale.
<br /> �b} As may 1ae permEtfied by law, after dedu�tEng al! CD5�5, �fees and expenses ❑f Trustee and ❑t this
<br /> Trust, including cvsts of e�idence v�title in�vnnection with sale,Trustee shall appfy the praceeds of sa�e
<br /> �o payment af {i} all sums expended under�he�erms vf�his Deed of T�-ust ar under the terms of the Note
<br /> not fihen repaid, including but nvt limit�d to accru�d infie�-es� and Eate charges, �ii} all other sums �khen
<br /> secured hereby, and {iii}the remainder, if any,to the person or persons legafly entifiled�hereto.
<br /> �c� Trustee may in�he manner proWEded by law postpone sale o�al!or any portion❑f the Property.
<br /> Remedies Nat Exclusive. Trustee and Lender, and each of th�m, shall 1�e entitled t� enforce payment and
<br /> per�ormance of any indebtedness ❑r❑laligafiivns secured �y this Deed��Trust and�fl exercise a�E rights and pvwers
<br /> under�his Deed ❑t Trust, under the N�te, under any a��he Related Docum�n�s, ❑r under any o�her agreemen� vr
<br /> any laws nnw or hereafter in�arce; na�withstanding, some or all a�F such indebtedness and �bEigations secured by
<br /> this Deed ❑f Trust may naw a� herea�t�r he ❑�herwise secured, whe�her by mortgage, deed o��rus�, pledge, lien,
<br /> assignment or ofiherw�se. NeEfiher the a��eptance af �his aeed of Trust nvr ifis entvrcemen�, whe�her by court
<br /> action or pursuant t❑ the power o�f sale ar other povuers contaEned in this Deed af Trus�, shalf prejudice ❑r in any
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