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2� 17� 183�
<br /> DEED �F TRUST
<br /> Lvan Na: 'I�"i 3�2489 �Continued� Page 6
<br /> appointed by a c�urt and withvu�regard to the ad�quacy o�its security, en�er upan and take possession
<br /> of the Praper�y. ar any part�her�af. in�ts own name ❑r in�he name of Trustee, and do any acts which it
<br /> deems necessary ar desirable�a preser�e#he �alue, marke�ability ar rentability o�the Property, ❑� part af
<br /> the Praper�y or interest in the Property; increase the income firam the Property or prvtect the se�ur�ty vf
<br /> the Pr�per�y; and, with or withaut taking possession of the Property, sue for ❑r ��herwise collect the
<br /> rents, issues and prafits of the Property, includEng those past due and unpaid, and appiy the sam�, less
<br /> �asts and expenses ❑�❑perativn and cvl�ecti�n attorneys' �B25r tv any indeb�edness seeured by�his Deed
<br /> a� Trus�, all in sueh arder as Lender may determine. The ent�ring upon and taking possession af �he
<br /> Property, the ca!lecti�n o� such rents, issues and pra�i�s, and the appl��ation thereaf sha�i no� Cur� or
<br /> wai�e any defauit or no�ice ❑�default under this Deed of Trust or in�alidate any ac� done in respvnse to
<br /> such default or pursuan��a such notice a�default; and, nvtwiths�anding�he cvntinuan�e in possession of
<br /> �the Property or the coilectian, receip� and app�ication of rents, issues or profits, Trustee �r Lender shall
<br /> be entitied �v exercise every right p�v�ided �ar in the Nv�e ❑r the Rela�ed Documents or by law upvn the
<br /> aG�urren�e o�any��en�❑f detaul�, including the right to exer�ise the power of saie;
<br /> tb} Commence an action�o foreclose thEs ❑eed o�Trus�as a mvrtgage, appoin� a rec���er❑r speci�ically
<br /> enfor�e any af the �v�enants herea�; and
<br /> {c} []eli�er to Trustee a written dec[aration of default and demand fvr safe and a writ�en notice ��d�fau��
<br /> and ele��ivn to cause Trustor's in�erest in the Property tv be svld� which noti�e Trustee shaEl cause to be
<br /> duly�i�ed for re�vrd in the appropria�e atfices o�the Gvunty�n which�he Prop��ty is located; and
<br /> {d� VIlith respect to all ar any part of the Persana� Property, Lender sha[f ha�e afl the rights and remedies
<br /> ❑�F a secured party under the Nebraska Uni-�orm Commercial Code.
<br /> Farecic�sure by Power of Sale. If Lend�r elec�s t❑ foreclose by exercise o�the Pawer ot 5ale herein �antained.
<br /> Lender shall no�ify Trus�ee and shail deposi� with Trus�ee this Deed of Trus� and the N��e and such receipts
<br /> and e�idenc�of expend��ures made and secured by this Deed o�Trus�as Trus�ee may require.
<br /> �a} lJpon receipt o�such nv�ice �ram Lend�r, Trustee sha11 cause�a be recorded, publtshed and deli�ered
<br /> to Trustor such Notice �� Default and No�ice o� Saie as then required hy law and hy�his Deed ��Trust.
<br /> Trustee sha�l, withau� demand on T�ustor, af�er such time as may then lae required �y law and af�er
<br /> recarda�ivn a�such Nvtice of De�Fault and after Notice af 5ale ha�ing been gi�en as required by taw. se�E
<br /> the Property at the fime and plac� ❑f sale �Exed lay �t in such Na-�i�e ❑t 5ale, either as a whvl�, ❑r in
<br /> s�para�e [o#s or parcels ar i�ems as Trustee shall deem expedien�, and in such order as i� may determine,
<br /> at public auc�ivn to the hi�hes# bidder fvr c�sh in lawfu[ monsy of th� United 5�ates payable at the time
<br /> �� sale. Trustee sha[i deliver �a such purchaser ar purchasers thereof its good and suf�icient deed or
<br /> deeds con�eying �he proper�y sa sold, but wi�haut any ca�enan� or warranty, �xpress or implied. The
<br /> recitals in such deed �� any matters or �acts sha[l be canclusEve proof of the truthtulness �her�a�. Any
<br /> person, inc�uding w�thout limitativn Trustor,Trustee, or Lender, may purchase a�such sale.
<br /> �b} As may be permitted by law. af�ter deduc�fiing al! costs, fees and expenses of Trustee and o� �his
<br /> Trus�, including costs af e�idence ❑fi�it�e in cannec��vn with saie, Trustee shaEl apply the pr�ceeds o�sa�e
<br /> �a paymen�of �iy a�� sums expended under the terms❑�th�s C7�ed o�Trus�vr under the t�rms vf�he Note
<br /> nat �hen repaid, including hu� no� limi�ked to accrued in�erest and la�e charges, �ii� all other sums then
<br /> seGured hereby, and tiii} the remainder, i�any� t❑#he pe�son ar persons legally entitled there�o.
<br /> {�� Trustee may in�he manner pro�ided by law postpvne sal�v�all vr any pvrtion of the Prr�perty.
<br /> Remedies Nvt Exc�usive. Trustee and Lender, and each o� them, shall be entitled �v en�orce payment and
<br /> pe�-#armance vf any�ndehtedness ❑r obligations secured by�his Deed a�Trust and�❑exercise a[� rights and pv►►vers
<br /> under this Deed ��Trust, under the Note, under any ❑�the Re[ated Documents, or under any o�her agr�emen� ��
<br /> any laws nvw or hereaft�r �n �orce; no�vrrithstanding, some or a�! of such indehtedness and abiigations s�cured by
<br /> �his Deed of Trus� may now or herea��er be o�herwise secured, whether by mortgage, deed af trust, pledge, lien,
<br /> ass�gnment or atherwise. Neith�r the acceptance �f this ❑eed of Trust nar its en�vrcement, whe�her by court
<br /> action ar pursuant�a the power o� sale or other pawers cvntain�d in this ❑eed of Trust. shall prejudice or in any
<br /> mann�r affe�� Trus�ee's or Lender's right to reaIize upon or enfarce any other security now ar hereafter held by
<br /> Trustee or L�nder, i�being agreed tha�Trustee and Lender, and each of them. shall he�n�i��ed to en�arce this ❑eed
<br /> of Trust and any other security now or hereafter held by Lender or Trustee in such vrder and manner as they or
<br /> either o� �hem may in their absoEute d�scretian de�ermine. No remedy conferred upon or reser�ed ta Truste� or
<br /> Lender, is intended tv be exclusiWe o�any a�her remedy in this Deed o�Trust or by !aw prv�ided ar permitted, but
<br /> �ach shall be cumu�ati�e and shall be in addition to every �ther �emedy gi�en in this Deed o� Trus� or nvw ❑r
<br /> hereafter exis�ing a�law or�n equity❑r by s�atute. E�ery pow�r or remedy gi�en by the No�te or any��the Related
<br /> Documents �o Trus�ee ❑r Lend�r or tv which either ❑t them may be �therwise en�it[ed� may b� exercised.
<br /> concurrentiy ar independen�ly, frvm time to �ime and as ofken as may be deemed expedien� by Trustee ar Lender,
<br /> and e�ther a'� them may pursue inconsistent remedies. Nvthing in this De�d v� Trus� shal! be construed as
<br /> prohfbiting Lender�r�m seeking a defEciency�udgment against the Trustvr�o�he extent such actian Es permi�ted by
<br /> (aw.
<br /> Election of Remed�es. A!I af Lender's r�ghts and remedies wii! be cumu�a�i�e and may be exercised al�ne or
<br /> tage'ther. Ifi L�nder dec�des ta spend money vr ta perform any v�Trustar's obiigati�ns under thEs D�ed o�T�-ust,
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