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2� 17� 184�
<br /> DEED �F TRUST
<br /> Loan No: 'I Q'i 3�'1�79 {Cont�nued} Page 7
<br /> Right#o Cure. I#any de�auIt, ather than a defauft in payment, is curabla and i�Trus�or has no�heen gi�en a na�ice
<br /> of a brsach of the sam�prvvision af this Deed af Trust within the precedEng�we��e 4'��y man#hs� i�may be cured i�
<br /> Trustor, aft�r Lender sends wr�tten notice to Trustvr demanding cure❑f such defaul�: t 1} cures the de�au�t wi�hin
<br /> fifteen {'!5} days; or t2y if�he cure requires more than f�fteen �15� days, immediate�y ini�iates steps wh�ch Lender
<br /> deems in Lender's sv�e disc�ret�an ta be su�fici�nt to cure the defaui� and thereaf�er con�inues and cvmp�etes a!!
<br /> reas�nable and necessa�y steps sufficien�to produ�e compliance as svon as reasonably pra�tical.
<br /> R��HTS AND REN�EDIES �N DEFAULT. I�an E�ent of Defaulfi o�curs under this Deed of Trust� at any tEme thereafter.
<br /> Trus�ee ar Lender may ex�rcise any❑ne❑r mare af the�vllawing rights and �remedies:
<br /> Acce�era#ion Upon Defaui�;Addit�onat Remed�es. �# any E�ent of Defaui�❑ccurs as per the terms of�he Note
<br /> secu�ed hereby, Lendsr may declare al� Endebtedness secured by th�s ❑eed of Trust ta be due and payable and
<br /> the same sha��thereupon become due and payabfe withau�any presentment� demand� pro�est or nv�ice vf any
<br /> kind. Thereaft�r, Lender may:
<br /> �a} Either �n person ar by agent, with or without brEngin� any activn or praceeding, or by a recei�er
<br /> appain�ed by a court and with�ut regard t❑ the adequacy vf�ts s�curity, enter upon and�ake pvssession
<br /> of the Praperty, vr any part thereof� in i�s ❑wn name❑r in�he nam� ❑f Trustee, and da any a�ts which it
<br /> deems ne�essary or desirab�e to preser�e the�a[ue, marke�tahi�ity or rentability o��he Praperty, or par-fi of
<br /> �he Praperty or interes� in the ProQerty; increase the income �rvm �he Prvperty or pro�ec�the security of
<br /> the Prvperty; and, with ❑r wi�hout tak�ng possession vf the Proper�y, sue fvr ar otherwise coliect the
<br /> rents, issues and profi�s v��he Property, inciuding #hose pas� due and unpaid, and app�y the same, less
<br /> costs and expenses of vperativn and cvlle�tivn attarneys' fees,to any indebtedness secured by this Deed
<br /> a�F T�ust, a11 in such order as Lender may determin�. The ent�rEng upan and taking possessivn vf the
<br /> Proper#y, the callec�ion ❑�F such rents, ISS�.l�S and protEts, and the applica�ion thereo# sha�� not cure ar
<br /> waive any de�auit or not�ce o�defaul� under�his Deed �f Trust or in�afida�e any act done in response ta
<br /> such defaui�vr pursuant to such notice v�defauEt; and, nvtwi�hstanding�he continuance in pvssession of
<br /> the Property or the collectian, �e�eipt and application af �en�s� issues DI' �]�'D�I�S� Trustee ar Lende� shall
<br /> be entitfed to exercise e�ery r�ght pro��ded for in the Note or fihe Re�ated Dacumen�s ar �y law upan the
<br /> occurrence of any e��nt v�defaul�, inc�udEng the right to exer�ise xhe power o�sale;
<br /> tby �ommence an action tv fare�Iase this Deed af T�ust as a mor�gag�� appaint a recei�er or specificaf[y
<br /> en�orce any o��he ca�enants hereof; and
<br /> �c} Deli�er�o Trustee a wri��en declaration vf de�ault and demand fo�sa�e and a written not�ce o�defau�t
<br /> and election�o cause Trusto�'s interest in the Property to be sv[d, which notice Trustee shafl cause to be
<br /> duiy�iled�or recard in the appropriate of�ices vf the Caunty in which the Property is�vca#ed; and
<br /> �d} Wi#h r�spect to al1 ❑r any part of the Persana� Property� Lender sha[I ha�e a�I the �ights and remedies
<br /> o�a secured party under the Nebraska lJniform Commercia! Code.
<br /> Forec�osure by Power of 5ale. if Lender elects tv�oreclose by exercise o�the Power af Sale herein contaEned,
<br /> Lender shaf� notEfy Trustee and shall deposit wEth Trustee this Deed af Trust and �he Note and such re�sip�s
<br /> and e�idence of expendi�ures made and secured by this i]eed o�Trust as Trustee may require.
<br /> �a} Upvn rec��pt of such notice�ram L�nder� Trus�tee shalf cause�o he recorded, published and deli�ered
<br /> to Trustvr su�h Nvtice of Defaul� and Na�ice af Sale as �hen required �y Iaw and by this Deed of Trust.
<br /> Trustee shal�, without demand an Trustor, after such time as may then be required by !aw and after
<br /> recordation ❑f such Notice of De�FauEt and after No���e a� 5aie ha�ing been gi�en as r�quired by law, se[I
<br /> the Prvperty a� the �ime and pEace o�F sale fiixed by it in such Notice v� Sa1e, ei�her as a whale, vr in
<br /> separa�e �ots vr parce�s vr items as Trustee shal{deem expedient, and in such vrder as �t may determine,
<br /> at public auction fio th� highest bidder�ar cash in lawfuf mvney�f the Un�ted States payable at the time
<br /> vf sa�e. Trustee shai! deliver to such purchaser or purchasers thereot its govd and sufficient deed or
<br /> deeds cvn�eying the property so so1d, bu� withvut any ��venant ar warrantyr �X�I'�55 or �mp�ied. The
<br /> rec��als in such deed of any matters ❑r fa�ts sha[[ be conciusi�e proof of the �ruth�uIness thereo�. Any
<br /> p�rson, inciud�ng withvut�imi�ativn Trustor,Trustee. or Lender, may purchase a�such saie,
<br /> �b} As may be permitted by Iaw, after dede�cting a1i cvsts, fees and �xpenses of Trustee and vf fihis
<br /> Trust. inciuding cvsts❑�e�idence v�titEe in cannectivn wi�h sale.T�-ustee shali app�y th� proceeds of sale
<br /> �o payment vf ti� a[f sums expended under the�erms of fihis Deed v�Trust or under the terms o�the Nvfie
<br /> no� then r�paid, inc�udEng bu� not �imited to accrued interest and iate charges� {ii} a11 vther sums th�n
<br /> secured hereby, and ti�iy�he remainder, if any,ta the persan o�persons�egaily entEtled�hereto.
<br /> {c� Trus�ee may in the manner provided by Iaw pos�pone sale o�aIf vr any portion v�th� Property.
<br /> Remedies Not Ex�iusive. Trus�ee and Lender. and each af th�m, sha�� be entitled tv enfarce paymenfi and
<br /> performance vfi any indeb�edness ar obliga�Eons secured by�his D�ed vf Trust and to exercise all righ�s and powers
<br /> und�r thEs Deed of Trust, under the No�e, under any vf th� Related aocuments, or under any vther agreement or
<br /> any laws nvw ar herea�er in �force; notw�thstand�ng� some vr all o�such inde��edness and obligations secured hy
<br /> �his Deed o�Trust may now vr hereafter be a�the�wise secured, whe�her �y mortgage, deed o��trus�, pledge, lien,
<br /> assignment ar otherwise. Neither the acceptance vf this Deed o� Trust nor its enforcement, whether by c�urt
<br /> activn or pursuant t❑ the power of sale ❑r ather powers contained in �his Deed af Trus�, sha�l prejudice ar in any
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