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t <br /> � � 2� 17�233� <br /> I�EED �F TRUST <br /> Loan No: �❑'[3�39'17 ���ntinued} Page 7 <br /> lnsecurifiy. Lender in gavd fai-�h belie�es itsel�insecure. <br /> Existing lndeb�edness. The payment ❑f any ins�tallmenfi❑�p�incipal or any inte�-est vn the Exssting lndeb�edness is <br /> nat made withEn the time required by the promissvey note evidencing such indeb�edness, ❑r a default❑ccurs under <br /> the instrumen�securing such indeb�edness and is not cured during any app[icable grace period in such inst�umen�, <br /> ❑r any suit or vther action is cammen�ed t❑fvreclose any existin� lien on the Property. <br /> R�gh�tv Cure. lf any default, other than a de�faul�in payment, is curahle and if Trustar has no�been giWen a no�ice <br /> ❑f a breach���he same pra�ision of�his Deed vf Trust within the preceding�wel�e t1�� months, i�may be�ured �� <br /> Trus�or, a�ft�r Lender sends wri�ten notice�a Trustor demanding cure af such defaul�: {�� cures�khe defaul�within <br /> fift��n ��5} days; or {2} if the cure requires more than fifkeen ��5} days, immediately ini�iates steps v�rhich Lender <br /> deems in Lender's so�e discre�ian t❑ be sufi�icient to Gure the de�aul� and �hereaf�er con�inues and �omp�efies a�1 <br /> reasanable and necessary sfieps su��icient to produce compliance as sv�n as reasonalaly practica[. <br /> RIGHTS AND RE1UlED1ES �N DEFAULT. �f an E�ent of De�ault vccurs under th�s Deed vf Trust, at any�k�me thereafker, <br /> Trustee or Lender may exercise any one or more v�F�he following rights and remed3es: <br /> Acce[eration Upvn Defaul�; Addifional Remedies. If any E�en�o� ❑efault vccurs as per the terms vf�he Note <br /> secur�d hereby, Lender may de�lare all Indebtedness secu�-ed hy�his ❑eed o�F Trust t❑ b� due and payable and <br /> �he same shall�hereupon be�ome due and payabfe wi�hvufi any presentment, demand, pro�est vr notice o�any <br /> l�ind. Thereafter, Lender may: <br /> �a� Either �n person ❑r by agen�, wifih or withou� �ringing any action �r praceeding, or hy a recei�er <br /> appointed by a caurt and wi�hout regard�o the adequacy o�F its securi�y, enter upon and take possessivn <br /> af the Property, or any par�th�rev�f, in its ❑wn name ❑r in the name ❑f Trus�ee, and do any ac�s v►rhich it <br /> deems ne�essary❑r desirable to preser�e the �a�ue, marke�alaility ar ren�abili�y of the Praperty, ar par�o� <br /> �he Property ar �n�erest in fihe Property; increase the income trom the Praper�y or p�-otect the securi�y of <br /> �he Property; and, with or without taking pvssessian of the Praperty, sue �ar ❑r vtherwise c�llec� the <br /> ren�s, issues and profits ❑f the Prvperty, including thase past due and unpaEd, and apply �he same, iess <br /> cvsts and expenses of apera�ion and collectivn attorneys' #ees,to any indebtedness secur�d by this aeed <br /> ❑f T�us�, all in such ❑rder as Lender may de�erm�ne. The entering upfln and taking possession ❑�F the <br /> Property, the collect�on o-� such rents, issues and prafits, and the application �hereof shall nvt �ure ❑r <br /> wai�e any defaul�or notice o�F detault under�his ❑eed af Trus��r En�aiidate any act done in response to <br /> such defaul�❑r pursuant to such notice ❑f d�-�au[t; and, no�wi�hs�anding�he cvntinuance in possessian of <br /> �the Proper�y ❑r the cvllec�ion, receipt and applicatian ❑f rents, issues �r prafi�s, Trustee or Lender sha�E <br /> be entitl�d �❑ �xer�ise eWery right pro�ided�or in the Note or the Rela�ed Dvcumen�s or by iaw upon the <br /> occurrence ot any e�en�❑f defau�t, including the ri�ht�v exercise the pvwer❑f sale; <br /> �b� Commen�e an a�t�an t❑ �areclose�his Deed ❑f Trust as a mortga�e, appaint a receiWer❑r spec��ically <br /> enforce any❑�the �v�enants hereo�; and <br /> �c} ❑eliver�o Trus�ee a wri���n declara�ion❑�default and demand far sale and a wri�ten no�ice ofi de�au[t <br /> and elec�ion to cause Trus�or's interes�in�he Property ta 1ae sold, which no�ice Trustee shall cause to be <br /> duly filed�ar re�ard in�he appropriate o��ices o�the County in which the Property is 1o�a�ed; and <br /> �d� VIlith respe�t t❑ all ❑r any part o��he Persvnal Property, Lende�-shall ha�e ail the righ�s and remedies <br /> ❑f a secured parfiy under�he Nebraska Unif�rm Commerciai Code. <br /> Fareclosure hy Power of Sale, �f Lender elects t❑farecl�se by�xer�ise ❑f the Pawer of 5ale herein contained, <br /> Lender shall no�ify Trus-�ee and shall deposit wi�h Trus�ee this ❑eed a�T�-ust and �khe Note and such re�eipts <br /> and e�idence a�expendi�ures made and se�ured by�his Deed o�Trus�as Trus�ee may require. <br /> �a� Upon reGeipt❑�such no�i�e fr�m Lender,Trustee shall �ause tn be recorded, published and del��ered <br /> to Trus�ar such Notice of Defaulfi and Notice af 5ale as then required by law and by�his ❑eed at Trust. <br /> Trus�ee shall, without demand on Trustor, afke�- su�h �ime as may �hen be required by law and after <br /> recordatF�n ❑f such N�tice ❑f Default and af�er Nofii�e of 5ale ha�ing been given as required by law, sell <br /> �he Property at the t�me and place ❑� sale fixed �y i� in such Notice af Sale, ei�her as a v+rhvle, vr in <br /> s�parate ��ts �r parcefs ar items as Trus�e� shall deem expedien�, and in such order as �t may de�ermine, <br /> at public auction �❑ the hi�hest bidder for cash in (awful money of�he lJnited S�a�es payab�e at fihe time <br /> vfi sale. Trus�ee shai� deli�er �❑ such purchaser or pur�hasers thereof its gaod and sufficient deed or <br /> deeds canveying the property s❑ sold, but without any c��enant ❑r warran�y, express ❑r implied. The <br /> reci�als in such deed ❑� any ma��ers ❑r �a��s sha�� he canclusi�e proo� of�he �ruth�ulness �herevf. Any <br /> person, �ncluding wi�hou�l�mi�a�ion Trus�ar,Trustee, ar Lender, may purchase at such sale. <br /> �h} As may be permit�ed by law, after deducting all C�5�5, fees and expenses af Trus�e� and of this <br /> Trus�, including cosfis ❑fi e�idenc� of�itle in cannection wifih sale, Trus�tee shall apply the praceeds of sale <br /> to payment of ��} al! sums expended under fihe fierms o�this ❑eed of Trus�vr under the�erms❑f�he Nate <br /> nof then repaid, �ncluding but nofi limified to accrued in�erest and fate �harges, �ii� all vther sums then <br /> secured hereby, and {iii� the remainder, if any, fi❑the persan vr persons �egalIy en�i�led�hereto. <br /> �c} Trusfiee may in�the manner pro�ided by law postpone sale o�ai! ar any por��on❑�F�fihe Praper�y. <br /> Remedies Nvt Exc�usive. Trustee and Lender, and each ❑f �hem, shall be en�i�led t❑ enforGe payment and <br />