2� 17� 1594
<br /> �EED �F TRUST
<br /> Laan No: '1�'13�3'155 t��ntinued� Page 7
<br /> Breach a��ther Agreemen�. Any breach by Sorrvwer vr Trustor under �he terms a# any oth�r agreement be�w�en
<br /> Barrower or Trustar and Lender that is not remedied within any g�ace periad pro�ided therein, including without
<br /> limitation any agreement cancerning any ind�btedness ar othe� obligation af gorrower or Trustor to Lender,
<br /> whether existing naw ❑r later.
<br /> E�ents Affecting Guarantor. Any of the pre�eding e�ents ❑ccurs wi�h respec# tv any guarantor, endvrser, surety,
<br /> ❑r acc�mmodation �arty ❑f any af the indebtedn�ss or any guarantvr, endorser, surety, ar accommadatian party
<br /> di�s or becvmes inGampetent, ar re�okes or disputes the �a�idity af, or iiability under, any Guaranty vf the
<br /> Indeht�dness.
<br /> Adverss Change. A material ad�erse change ❑��urs in �orrower's or Trustar's financial �anditian, or Lender
<br /> belie�es the prospect of payment ar pe�formance of the Indebtedness is impair�d.
<br /> Insecurity. Lende� in good faith beiie�es itself insecure.
<br /> Existing Indeb�edness. The payment ❑f any installment of p�incipal ❑r any interest on the Existing Indebtedness is
<br /> not made wEthin the time r�quir�d by the prvmissory nate e�idencing su�h indebtedness, or a default ❑c�urs under
<br /> the instrument securing such indebtedness and is nvt cured during any appli�abie gra�� period in such instrument,
<br /> or any suit❑r❑ther actian is cammen�ed ta foreclose any existing lien an the Property.
<br /> Right#v Cure. !f any default, oth�r than a defaul� in payment, is cura�le and if Trustar has not been gi�en a notice
<br /> of a breach af the same pr��ision af this Deed ❑f Trust within the preceding twel�e {�2� manths, it may be �ured if
<br /> Trustor, a�ter Lender sends written nvtice to Borrower demanding cure of such default: {1} cures the default
<br /> within fifteen {�57 days; or {2} if the cure requires mar� than fifteen �15y days, immediately ini�iates steps which
<br /> Lender deems in Lender`5 sale discretion t❑ be sufficient to cure the default and thereafter continues and
<br /> completes all reasonabie and necessary steps sufficient to produce c�mpliance as svvn as reasonably pra�ti�al.
<br /> RIGHTS AND REMEDIES ON ❑EFAULT. If an E�ent ❑f ❑efault vccurs under this Deed of Trust, at any time thereaf�er,
<br /> Tru�tee or Lender may exer�ise any❑ne ❑r mo�e of the follawing righ#s and remedies:
<br /> A�celeration Upon Qefault; Additional Remedies. If any Event af �efault occurs as per the terms af the Note
<br /> se�ured hereby, Lend�r may declare all Indebtedness secured by this Deed of Trust to be due and payable and
<br /> the same sh�ll thereupon becvme due and payabte without any presentrnent, demand, prot�st or nvtice of any
<br /> I�ind. Thereafter, Lender may.
<br /> �a� Either in person or by agent, with or without bringing any actian �� proceeding, ❑r by a re�ei�er
<br /> appainted by a caurt and without regard t❑ the ad�quacy �f its security, ente� up�n and take possession
<br /> of the Property, or any part thereof, in its own name ❑r in the name of Trustee, and da any acts which �t
<br /> deems necessary ar desirable ta preser�e the �alue, mark�tability vr r�ntability of the Prop�rty, �r part❑f
<br /> the Property or interest in the Prape�ty; increase the inc�me from the Praperty or prvtect the security of
<br /> ths Praperty; and, with or without taking possess�vn o� th� Property, sue for ar atherwise collect the
<br /> rents, issues and prvfits ❑t the PrapertV, inciuding thase past due and unpaid, and apply the same, less
<br /> casts and expenses ❑f ❑peration and caf�e�tion attvrneys' �ees, ta any indebtedness secured by this [3�ed
<br /> of Trust, afl in such order as Lender may de�ermine. The entering upvn and taking pvssession ❑f the
<br /> Praperty, the collection vf such rents, issues and profits, and the appli�ativn thereof shall not �ure or
<br /> wai�e any default or notice ❑f default under this Deed of Trust or in�a�idate any act done in respanse tv
<br /> such de#ault�r pursuant to such notice ❑f default; and, natwithstanding the continuance in pvssessian ❑f
<br /> the Property ❑r the cvllection, receipt and application ❑f rents, issues or profits, Trustee ar Lender shall
<br /> he entitled t❑ ex�rcise e�ery right pra�ided for in the Note or the Related Documents ❑r by �aw upon the
<br /> occurrence of any e�ent of defauit, including the rtght to�xercise the power of sal�;
<br /> �b} Cammence an act�on t❑ fareclose this Deed of Trust as a mortgage, appaint a reG�i�er or speci#�cally
<br /> enforce any ❑f the co�enants hereof; and
<br /> tc} Deli�er to Trustee a written declarativn of default and demand for sale and a written notice af default
<br /> and e�ectifln to �ause Trustor's interest in the Property to b� sold, which natice Trustee sha�i cause Ya be
<br /> dufy filed for record in the appropriate offices of the County in which the Prvperty is located; and
<br /> �d� With respect to a!I or any part of the Personal Praperty, Lender shall ha�e all the r�ghts and remedies
<br /> of a secured party under the Nebra�ka Un�form Cammercia� Code.
<br /> Foreclvsure by Power af Sa�e. �f Lender elects to foreclose by�xercise of the Pawer❑f Sale herein cantained,
<br /> Lender shall nntify Trustee and sha�l depasit with Trustee this ❑eed ❑f Trust and the Nate and such r�ceipts
<br /> and e�iden�e af expenditures made and secured by tt�is Deed of Trust as�rustee may r�quire.
<br /> tay Upon rec�ipt of such natice from Lender, Trustee shall cause t❑ be recorded, publish�d and deli�ered
<br /> tfl Trustor such Notice ❑f D�#ault and Notice ❑f 5ale as then required by �aw and by this Deed ❑f Trus�.
<br /> Trustee shall, without demand fln Trustar, after such time as may then be required by law and after
<br /> rec�rdation �f such Notice of Defau�t and after Notice of Saie ha�ing been gi�en as required by law, sell
<br /> the Praperty at the time and place vf sale fixed by it in such Natice of 5ale, either as a whole, or in
<br /> separate I�ts ❑r parce�s or items as Trustee shall deem expedient, and in such order as ft may determine,
<br /> at public auctian t❑ the highest hRdder f�r cash in lawful maney ❑f the United States payable at the time
<br /> of sale. Trustee shall deli�er to such pur�haser ar purchasers thereof its gaod and sufficient deed ar
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