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<br /> 4 DEED �F TRUST
<br /> Lvan No: '1��3�39�D {C�ntinued} Page 7
<br /> �a} Ei�her in person or by agent, wi�h or wi�hout �ringing any a�tion ❑r proce�ding, or by a recei�er
<br /> appainted by a c�ur� and wi�hout r�gard to�he adequacy of its securi�y, en�er upan and take pvssession
<br /> of the Property, �r any par�therev�, in its ❑wn name or in the nam� of Trustee, and d� any ac�s whi�h it
<br /> deems necessary or desirable to preser�e the�alue, marketabili�ty❑r rentability�f�he Property, ❑r part❑�
<br /> �he Property �r in�eres� in the Prop�r�y; increase the income from the Property ❑r protect the security of
<br /> �he Property; and, wi�h �� withaut taking passession ❑� the Proper�y, sue �or o�- �therwise co�fect fihe
<br /> ren�s, 155L1�S and prafiits of�he Property, including those pasfi due and unpaid, and apply th� same, less
<br /> C05�5 anCl eXpenSeS 0�D�LI'B�f�C1 and CD�EECfiI��"1 a��01"1'1��I5' �2ES��❑ any indebtedness secured by�his ❑eed
<br /> of Trust, al� in such order as Lender may determine. The en�ering upon and takEng possession ❑f �he
<br /> Proper�y, the callecfiivn o� such rents, issues and profifis, and the applica�ion �hereo� shall not cure vr
<br /> waiWe any de�auit or notice of default under this Deed nf Trus�or in�alidate any a�� dane in response �o
<br /> such d�faul�❑r pursuant tv su�h notice a�defauft; and, notwithstanding the continuance in possession of
<br /> the Praperty ❑r �he colle��ion, r�ceipt and applica�ivn ofi rents, issues ❑r profifis, Trustee vr Lender shall
<br /> be entitled t❑ exercise e�ery right prv�ided for in the Note �r�he Relat�d ❑o�umen�s ar by �aw upan the
<br /> occurrence of any e�en�o�F de�ault, including the �-Eght to exercise�he pvwer of sale;
<br /> �b} Commence an action fio foreGlose�his Deed o-�Trus� as a martgage, appoint a recei��r vr spe�ifi�ally
<br /> enforc� any af fihe co�enants hereof; and
<br /> �c� Deli�er to Trustee a written declaration of defaul�and demand�or sale and a wrifiten na�i�e ofi default
<br /> and elec�ivn t❑ cause Trustor's in�erest in�he Prvperty t❑ be so[d, which nofiice Trustee shall cause ta be
<br /> duly�iled far record in�he app�-vpriate offices of the County in which�he Proper�y is lacated; and
<br /> �d} VVith respecfi�v all �r any par�of the Personal Praperty, Lender shal! haW� all�he rights and remedies
<br /> ❑�a secured par�y und�r�he Nelaraska L]nifvrm Commer�ial Code.
<br /> ForeGlosure by Pvwer v#5ale. If Lsnder e[ecfis�o�ore�lose by exercise��the Pawer v�5ale herein contain�d,
<br /> Lender shall no�ify Trus�ee and shal� deposifi with Trust�e this ❑eed ❑f Trust and the Note and such receipts
<br /> and e��dence of expendifiures made and secur�d by this Deed❑�Trus�as Trustee may require.
<br /> {a} Upvn receipt af such natice �ram Lender, Trus�ee shall caus��v be rec�rded, published and deli�ered
<br /> ta Trustor such Notice af ❑efault and Notice of 5ale as then required by law and by this aeed of Trus�.
<br /> Trusfiee shall, wi�hau� demand on Trustor, after such time as may fihen be required hy law and after
<br /> recordation ❑f such No�i�e of �efaul� and after Notice ❑f Sale ha�ing �een gi�en as required by law, sefE
<br /> �he Prop�r�y at the fiime and p�ac� �f sale fixed by it in such No�ice ❑f Sale, either as a wha�e, or in
<br /> separate fo#s or parcels ar items as Trust�e shal� deem expedient, and in such order as i�may determEne.
<br /> at puhlic auction ta�he highes�bidder�or cash in lawfu� man�y ❑�the Uni�ed 5�ates payable at�he tEm�
<br /> of saie. Trus��e shall deli��r to such purchaser ar purchasers thereo# its good and su�t�cien� deed or
<br /> deeds con�eying the praperfiy s❑ sv�d, bu�k without any co�enant ar warranty, exp�-ess or implied. The
<br /> recitals in such deed of any ma�ters or fac�s shall be conclusi�e proof ❑f�he truthfulness thereof. Any
<br /> person, in�luding without l�mi�ation Trustor,Trus�ee, or Lender, may pur�hase a�such sale.
<br /> {b} As may be pe�mi��ed 1ay iaw, after deducting all costs, �ees and expenses ❑f Trustee and of �his
<br /> Trust, includEng casts vf evidence a��titl�in cannectivn w��h sale,Trustee sha[l appiy the proceeds ❑f sale
<br /> t❑ payment o�f �i} ail sums expended under the t�rms of�his Deed a�Trust vr under�he terms of�he Nv�e
<br /> not then repaid, including bu� not limited �to accrued interest and fate charges, {ii} all other sums then
<br /> secured hereby, and {iii� the remainder, if any,t�the persan ar persons legally en�i�led�here�o.
<br /> �c} Trus�ee may in�he manner provided by law pvsfipone sale of a�� ❑r any pvrtion a�the Property.
<br /> Remedies Not Ex�lusive. Trustee and Lender, and each of them, shall be entitled �❑ enforce paymen� and
<br /> performance of any indehfiedness ar olaligations secured hy this Deed of Trus�and t❑ exer�ise al� rights and powers
<br /> under this �eed af Trus�, under the No�e, under any a��he Rela�ed Documents, ❑r unde�- any ❑ther agreement ❑r
<br /> any laws naw ar herea�ter in��rce; no�wi�hstanding, some ❑r alf ❑�su�h indeb�edness and ❑1�ligations secured by
<br /> �his Deed vf Trus� may now ❑r hereafter be otherwise secu��d, whether by mar�gage, d�ed af trust, p�edge, lien,
<br /> assignment or otherwise. Nei�ther the acceptance ❑f �his Deed �f Trus�t nor its enforcement, whether by cour�
<br /> activn vr pursuan�t❑ �khe power o� sale vr o�her p�wers con�ained in �khis ❑eed ofi Trust, shall prejudice or in any
<br /> manner affiect Trustee's or Lender's righ� ta rea�ize upon ar enfiorce any o�her securi�y naw ❑r hereaf�er held by
<br /> Trustee vr Lende�, it being agreed that Trus�ee and Lender, and each ❑f�hem, shall be enfii�led t�enforce�his Deed
<br /> of Trust and any afiher securifiy now vr hereafter held by Lender or Trus�ee in such ❑rde�- and manner as fihey ❑r
<br /> ei�her ❑f them may in their absalute discre�ian de�ermine. No remedy canferred upon or reserWed �❑ Trustee or
<br /> Lender, is intended ta he exclusi�e �f any ather remedy in this Deed o�Trust or by law pro�ided or permitted, bu�
<br /> each shall be �umulati�e and shall be in addition to every ��her remedy gi�en in �his Deed �f Trus� ❑r naw ❑r
<br /> hereafter existing at law ar in equi�y or�y statute. E�ery power or remedy gi�en by the No�e or any a��he Re�ated
<br /> Documents ta Trustee �r Lender or �❑ whi�h either af �hem may be vtherwise enti�led, may be exercised,
<br /> concur�en�ly ❑r independen�ly, fram �ime to time and as ❑ften as may be deemed expedient by Trus�ee or Lend�r,
<br /> and ei�her ❑f �hem may pursue in�onsistent remedies. Nothing in �his Deed o� Trust shall be construed as
<br /> proh�bi�ing Lender frvm seeking a de�iciency�udgment against�he T�ustor t❑�he ex�ent such actian is permitted by
<br /> �aw. Election by Lender�❑ pursue any remedy sha11 nvt exc�ude pursuit a� any v�her remedy, and an election to
<br /> make expenditures vr tv �ake a�fii�n t� pe��arm an ❑b�igat�on o�F Trusfior under�khis Deed ❑�F Trust, after Trus�kor's
<br /> �aiIure to perfivrm, sha11 nat affect Lender's right to declars a de�ault and exer�ise its remedies.
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