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2� 17� 1835
<br /> DEED �F TRUST
<br /> Loan No: 1�'����498 ���nti�ued} Page �
<br /> Payment Defaujt. Trustor fails�a meet�he repaymen��erms o�the Note for any❑utstanding balance.
<br /> 4#her De�aul�s. Trustvr's a�t ar failure to act ad�erseiy a��ec�s Lender's security interes� in �he Proper�y, or any
<br /> righ�of Lender's in su�h securi�y.
<br /> Right to Cure. If any detault, other than a de�ault in payment, is curable and i-�Trustor has not been gi�en a notice
<br /> af a lareach�f the same pro�isian vf this Deed ❑�Trust within�he preced�ng twel�e �12y months, it may�e cured if
<br /> Trustar� aft�r Lender sends wri��en notice to Trustor demanding cure ❑t such default: �1 y cures the de�aul�within
<br /> ten {1�} days; or �2y i��he cure requires mare�han�en ���� days, imm�dia�ely inifiiates s�eps ►rvh�ch Lender deems
<br /> in Lender's sale discretian to be su��icient to cure the defau��and thereaf�er con��nues and comp[etes all reasanabEe
<br /> and necessary s'�eps su�ficient to praduce compliance as sovn as reasona�fy practiGa�.
<br /> RlGHTS AND REMEDtES aN DEFAULT. If an E�ent af Defauit occurs under this De�d v�Trus�, at any time thereafter,
<br /> Trustee o�Lender may exe�cise any vne or mo�e vf the fiollowing rights and remedies:
<br /> Accelera�ivn Upon De�aujt; Additional Remedies. 1�any E�en�of�etault occurs as per the terms o�the No�e
<br /> s��ured hereby� Lender may declare a�l Indeb�ednes� secur�d by this Deed of Trus��o be due and payable and
<br /> the same shall th�reupon hecam� du� and payable withau�any presentment, demand, pratest ar nvtice v�any
<br /> kind. The�eafter, Lender may:
<br /> tay Either in pers�n ❑r by agen�, with �� withou� bringing any action or proceeding, o� by a recei�er
<br /> appointed by a court and wi-thaut regard�o the adequa�y of i�s security, enter upan and take possess�on
<br /> of�he Praper�y, ❑r any part�herea�, in its own name ar in the name of Trustee, and dv any ac�s whi�h it
<br /> deems necessary or desirable to prese��e the �aiue, marl�etability or ren�abiEity vf the Praperty, or part v�
<br /> the Properfiy ar interest in the Prvperty; increase th� income �rom �he Prap�rty ❑r prv�ect the securi�y o�
<br /> the Prop�r�y; and, with o� wi#hou� �aking pos�essivn o� �he Pr�per�y, sue �or ar atherwise collect �he
<br /> rents, issues and pro�its o�the Property, including those past due and unpaid, and apply the same, less
<br /> casts and expenses ❑f❑perat�vn and co�Eection at�orneys' fees, to any indebtedness s�cured by thEs Deed
<br /> vf Trust, all in such ❑rder as Lender may de�ermine. Th� entering upan and �aking p�ss�ssion of the
<br /> Praperty, the callection o� such rents, issues and prvfi�s, and the application thereof shall na� cure ❑r
<br /> wai�e any default or notice ❑f de�ault under this Deed of Trust❑r in�alidate any act done in r�sponse to
<br /> such default�r pursuan�to such natice v�de�ault; and, nvtwithstanding the con��nuan�e in possession a'�
<br /> #he Property o� the �aElection, r�ceip� and applica�ion vf rents, Essues or prvfi�s, Trustee or Lender sha�l
<br /> be entitied to exercise every right pro�id�d fvr in the Note vr the Related Documents or by law up�n the
<br /> aGcurrence o�any e�ent❑�de�ault, including the righ��o exercise�h� power o�sal�;
<br /> {by Cvmmence an ac�ion ta �orecfc�se fihis ❑eed ot Trust as a mor�gage, appoint a r�c�i�er or specifically
<br /> entvr�e any of�he ca�enants hereof; and
<br /> {c� DeEi�er to Trustes a writ#en de�lara��on ot defaul�and demand for sale and a wri��en notice vf defaul�
<br /> and ele�ti�n t� cause Trustor's interest in the Praper�y t� be sald, which nvti�e Trustee shall cause�o be
<br /> duiy filed�or recvrd in�he appropriate vfifiices af the County in which the Prnper�y is Ivca�ed; and
<br /> �d� With respect ta all or any part o'�the Persona[ Property, Lender shall ha�e all #he r�ghts and remedies
<br /> of a secured party under the Nebraska Uni-Farm Commercia� Cod�.
<br /> Fareclasure by Pvwer of Sale. 1�Lender elec�s t❑forec�ase by exercise of the Power of 5ale herein con�ained,
<br /> Lender shall notify Trus��e and shall deposi� with Trustee th�s ❑eed ��Trust and the Na�e and such receip�s
<br /> and e�idence a�F expenditures made and secured by�this Deed of Trust as Trustee may require.
<br /> �ay Upvn receipt v�such notice trom Lender, Trustee shall cause t❑ be recorded, published and deli��red
<br /> to Trustor such Notice of ❑efauit and Natice of SaEe as then required hy [aw and by this Deed of Trust.
<br /> Trus�ee shall, wi�hou� d�mand vn Trustor, af-�er su�h �ime as may �hen be �equired by lav►r and af�er
<br /> re�ordation o�such Notice of Defauf� and afker No�ice v� 5ale ha�ing been gi�en as required by law, sell
<br /> the Property at the �ime and place af saEe fixed by it in such Notice of 5ale, either as a whole, or in
<br /> s�parate iots or parcels ar items as Trustee shali deem expedtent, and in suGh order as it may determine,
<br /> a� public auctivn �o the highes� bidder far cash in law�ul money ❑f�he United S�ates payable a#the time
<br /> ❑f sa�e. Trustee shall deli�er to such purchaser vr purchasers thereaf its gvad and suf�icien� deed or
<br /> deeds can�eying the property so svld, kau� withvut any co�enant or warran�y, express ar implied. The
<br /> reci�als in such deed �f any matters or �acts shall he conc[usive praa� of the truth�ulness thereo�. Any
<br /> pe�son, including withaut�imitation Trustvr,Trustee, ar Lender, may purchase at such sale.
<br /> {b} As may be permitted by law, after deducting a11 C05'�5, fees and expenses of Trustee and of this
<br /> Trust. inc[uding casts a�e�idence of tE'tle in connection with sale, Truste�shal[ apply the prviceeds of sale
<br /> t❑ payment af �i� al[sums expended under the terms ot th�s Deed �f Trust or under the terms❑f�he No�e
<br /> n�t then repaid, inc�uding but nvt Eimit�d �o accrued int�rest and iate charges, �ii} all other sums �hen
<br /> secured hereby, and tiii�the r�mainder� i�any,to the person vr pers�ns fegally entitled thereto.
<br /> {c� Trustes may in the manner provided by!aw postpone sale��all ar any por�ion o��he Property.
<br /> Remedies Not Exc[usi�e. Trustee and Lender, and each of them, shall be en�i�led to enfvrce payment and
<br /> perfvrman�e o�F any indebtedness or obligations secured by this Deed ❑f Trust and to exercise all rights and pow�rs
<br /> under this Deed vf Trust, under the Nvte, under any vf the Rela�ed Documen�s, or under any other agr�ement ar
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