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2� 17�2214
<br /> � DEE� �F TRUST
<br /> �Continued} Page �
<br /> and election�a �aus�Trustvr's interest in�h� P�'operty to be soId, which notice Trustee shall cause to b�
<br /> duly fzl�d for record in the appropria�e offices o�F�he County En which�he Property is 1oca�ed; and
<br /> �d} With resp�ct to aII or any part of�he Pers�naI Praperty, Lender shalI ha�e all th� righ�s and r�medies
<br /> a�a secured party under the N�braska Uniform Comm�rcial Code.
<br /> Forec�vsure by Power❑f Sale. I�Lender eIea�s to foreclase by�xercise ❑f the Power of 5ale herein contained,
<br /> Lender shaii no�ify Trustee and shall depvsi� with Trusfee �his Deed o�Trus� and the Credi� Agreement and
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<br /> such r�ceip�s and e�idence af expendi�ures made and secured by this D�ed af Trus�as Trustee may require.
<br /> {a} Upon re�eipt of such notice from Lender,Trustee shall cause to be recarded, published and deli�ered
<br /> to Trusfor such Notic� of D�f�ul�and No�ice af Sale as then requzred by Iaw and by this �eed of Trust.
<br /> Trus�ee shall� wi�haut demand on Trustarr after such �ime as may �hen be r�quired by �aw and a�Fter
<br /> recorda�ion of such N�tice o� De�ault and af�ter Notice ❑f 5ale ha�ing been gi��n as required by law, seII
<br /> the Proper�y a� the time and pIace of sale fixed by i� in such No�ice of 5a�er e�ther as a whaIe, or in
<br /> separa�e Iots or parcels or items as Trus�ee shall deem expedien�, and in such�rder as it may det�rmine,
<br /> at pubIic auc�ion to �he high�s� bidder fior cash in Iawfui money of the lJnited 5�afes payab�e at�he�ime
<br /> o�F saIe. Trustee shal! deli�er t❑ such purchaser or pur�hasers thereo� ifs g�od and suffi�isn� deed ar
<br /> deeds con�eying �he property sa sald, but without any covenant or wa�-ranty, express or implied, The
<br /> reci�als in such d�ed a� any matters or �acts shalI be cvnclusi�e proo-F vf�he �ru�hfulness �hereof. Any
<br /> person, in�Iuding wi�hou�limita�ion Trusforr Trust�e� o�-Lender, may pur�hase at su�h sale.
<br /> �b} As may be permitked by law, after deducting ali costs, fees and expenses o� T�rus�ee and o� th�s
<br /> Trus�, including costs vf evidenc�o��i�le in cannection wi�h sale,Trustee shall app�y the praceeds of saIe
<br /> to payment of {�} aIi sums �xpended under the �erms o� �his �eed af Trus� or under the ��rms o� �h�
<br /> Credi�Agr��ment not then repaid, including but not limit�d to accrued interest and late charges, {ii� aII
<br /> other sums�hen secured hereby, and �iii} the r�mainder, if any, �o the pers�n ❑� persons IegaIIy en�itled
<br /> �here�o.
<br /> {c} Trustee may in�he manner pr�vided by Iaw postpane saIe af aII ar any partion of fhe Property.
<br /> Remedies Nat Exclusi�e. Trustee and Lenderr and ea�h of �hem, shaIl be entitled to �n�o�ce payment and
<br /> performance❑�F any indebtedness ar obligat"rons secured by�his I7eed of Trust and to exercise a11 �igh�s and pow�rs
<br /> unde� this Deed ❑�Trus�, under �he Credi� Agreement, under any of�he ReIa��d Dv�umen�s, vr under any �ther
<br /> agreement ❑r any Iaws n�'vv ❑r hereafter in forcef notwithstandingr s�me ❑r all of su�h �ndebtedness and
<br /> abIigations secured by this Deed o�F Trust may now or hereafter he ofiherwise se�ured, whe�her by mortgage, d�ed
<br /> af�rus�, pledge, Ii�n, assignm�nt or oth�rwise. Nei�h�r�h� ac�eptanc� of�his Deed ❑f Trust nor i�s enfor�ement,
<br /> whe�her by court ac�ion �r pursuant �o fhe powe� of saie or other powers contained in this De�d o-F Trust, shalj
<br /> prejudice or in any manner affect Trustee's or Lende�-'s right to realize upon or enforce any other security now �r
<br /> hereafter held by Trus�ee or Lenderr i�being agreed tha�Trustee and Lender, and each �-�them, shaCl be entitled t❑
<br /> enforce this Deed af Trus� and any a�her security now ar hereafter held by Lender or Trusfee in suGh order and
<br /> manner as �hey or ei�he� of �hem may in �heir absolute discre�ion d�termine. No remedy canferred upon vr
<br /> �eserved �ko Trustee or Lender, is intended �❑ be excl�tsive ❑f any ather remedy in this Deed of Trust or by !aw
<br /> p�-a�ided �r permitk�d, but each shall be cumulative and shall be in addition to e�ery ather rem�dy gi�en 'rn this
<br /> Deed of Trus�or now ar hereaf�er exis�ing a� iaw ar in equity or by s�atute. Ev�ry p�wer❑r remedy given by�he
<br /> Gredi� Agreemen� or any o� the Related Docum�nts to Trusfee or L�nder or �o which either af �h�m may be
<br /> atherwise entitIed, may be exercised, concurrently or independ�n�ly, �ram fime �o �ime and as o�ten as may be
<br /> deemed expedien� by Trus�ee or Lenderr and ei�her of �hem may pursue inconsistsnt remedies. No�hing in this
<br />` D��d o�Trus� shaII be construed as prohibifing Lender �rom se�king a def�ciency judgmen� against th� Trus�or fo
<br /> �he ex�en�such action is permitted by law.
<br /> E�ection af Remedies. AII �f Lender's rights and remedies will b� �umuIa�i�� and may be ex�rcised alane or
<br /> tog��h�r. �� Lender decid�s �o spend mon�y or to perform any of Trus�or's abIigations under this ❑eed ❑f Trust,
<br /> after Trus�ar's failure �a do sa, �hat decision by Lender wiII not affec� Lender's right ta decIare Trustor in de�ault
<br /> and ta exercise Lender's remedi�s.
<br /> Request far Notics. Trustar, on behal�❑�'Trus�ar and Lender, hereby requests�hat a �opy of any Nafice of Ds�ault
<br /> and a �apy of any N��ice ❑f Sa�e under this Deed of Trus�be mailed fo fhem at the addresses s��farth in�he fi�s�
<br /> paragraph of fhis Deed of Trus�.
<br /> Atto�neys' Fees; Expenses. If Lender institu�es any sui� or action �o enforce any o�F �he �erms vf this Deed of
<br /> Trus�, L�nder shall be entitled tv recv�er such sum as�he ��urt may adjudge reasonable as at�orneys' fees a�trial
<br /> and upon any appeal. Whe�her or no� any court ac�ion is invaI�ed, and ta the ext�nt na� pr�hibi�ed by law, al!
<br /> reasonable expens�s L�nd�r incurs �hat in Lende�'s opinion are necessary afi any �ime -�ar the protection a� its
<br /> interest o�the enforc�m�n�of i�s righ�s shaII k�ecome a part of fhe Indebtedness payable❑n demand and shall bear
<br /> interest at the Credi� Agreemen� rafe from fhe date of �he expenditure un�il repaid, Expenses co��red by �his
<br /> paragraph in�lude, wi�hau� Iimi�atian, how��er subjec�to any limits under applicable law, Lender's att�rneys' fees
<br /> and Lender's legal expenses, whether or not there is a Iawsuit, including attorneys' �e�s and expenses for
<br /> bankruptcy proceedings �including �fforts t� m�dify or�aca�e any au�amatic sfiay or injunctian�, appeaIs, and any
<br /> an�icipat�d post-judgment coilection ser�ices, the cost o� searching �records, ohtaining title reports (including
<br /> �orecCosure reports�, sunreyors� reports, and appraisal �e�s, �itIe insurance, and fees for�he Trustee, �o �he ex�ent
<br /> permitted by appIicable Iaw. Trus�or also will pay any caur-�costs, in addition�o all ❑�her sums pro�ided hy iaw.
<br /> Right�vf Trustee. Trust�e shall harre all ❑��he rights and du�ies of Lender as set fQrth in this section. �
<br /> POWERS ANO �BLIGATI�NS DF TRUSTEE. Th��Fallowing pra�isions reIa�ing�o the pow�rs and ob[igations of Trustee
<br /> are part❑�fhis �eed o�F Trust:
<br /> Pvwers vf Trustee. jn addi�ion�o aIl powers of Trustee ar�sing as a matker❑�law,Trustee sha�l ha�e the pvwer to
<br /> take th�follawing ac�i�ns with respect�o�he Prap�rty upon�he written request of Lender and Trustor: {a} join in
<br /> preparing and filing a map ar- pIat a� �he R�al Pr�perty, including �he dedica�ion af streets o�- o�h�r rights t❑ �he
<br /> pub�ic; {b� loin in gran�ing any easemen� ar �rea�ing any restri��ian on the Real Propertyr and (�] join in any
<br /> subordination or o�her agreement affecting this Deed of Trust or�he inferest of L�nde�under this D��d ❑-F Trus�.
<br /> Trustee. Trustee shaII me�:t aII quali�Ficatsons r�quired for Trus�ee under appIicable �aw. In addition to the righ�s
<br /> and remedies se� forth abov�, wi�h respec��o all ❑r any pa�-t of�he Properky� the Trustee shall ha�e �he righ��o
<br /> fareclose by nati�e and safe, and Lender wi1� ha�e the right�o �oreclase by judi�iat foreclosure, in ei�her case in
<br /> accvrdance with and�o the�Full ex�en�pro�ided by applicable Iaw.
<br /> Successor Trustee. Lender, a�Lender'�ap�ion, may fram�ime�o�ime appoant a successor Trustee to any Trust�e
<br /> appointed under this Deed of Trus� by an ins�rument execut�d and acknowledged by Lender and recorded in -�he
<br /> office of the re�arder af Hall County, 5�ate o�F Nebraska, The instrument shal! cvntain, in addition to all other
<br />� matkers �equired by sta�e [aw, �he names �f the original Lender, Trustee, and Trustor, �he book and page �or
<br />� computer system referen�e} where this �eed of Trus� is r�carded, and �he name and address of the successor
<br /> trustee, and the instrument shall be execufed and acknowledged by aII�he beneficiaries under�his De�d of Trust or
<br /> their succ�ssors in interes�. The successor trustee, withouf canveyance of�he Prop�rty, shali succeed to all �he
<br /> titi�, power� and duties cvn�Ferred upon�he Trustee in this Deed o�Trust and by applicable law. This pracedur�for
<br /> substitution of Trustee shaii gvv�rn to fhe exclusion o�aIi o�her pra�isians for substitution,
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