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2� 17�27��
<br /> DEED �F TRUST
<br /> Lvan Nt�: 1�13�414� ��orltl[1u�d� Pag� 7
<br /> fifteen {15y days; vr ��� if the �u�e requires more than fifteen �1�� days, immediately initia�es steps which Lender
<br /> deems in L�nder's sale discretion t❑ be su��ici�nt t❑ cure the d�fault and thereafter cvntinues and campletes al1
<br /> reas�nabl� �nd necessary steps sufficient to prvduce complianc� as soon as reason�bly pra�tical.
<br /> RIGHTS AND REIVIEDIES �N DEFAULT. !f an E�ent of Default accurs under this ❑eed vf Trust, a� any time therea�ter,
<br /> Trustee vr Lender may ex�rGise any vne n� more of tihe following rights and remedies:
<br /> Ac�eleration Upon Default; Additional Remedies. If any E�ent of Default ❑�curs as per the terms �f the Nflte
<br /> se�ured hereby, Lender may declare afl Indebt�dness secured by this Dee� of Trust ta be due and payable and
<br /> the same shai� the�eupon h�come due and �ayabEe ►►vithout any presentment, demand, prate�t ❑r natice af any
<br /> kind� Thereafter, Lender may:
<br /> tay Either �n person vr !�y ag�n�, with or without bringing any �ctivn ar pr�ceeding, or by a recei��r
<br /> app�inted by a court and w'sthoux regard to the �dequacy ❑f its s��urity, enter upan �nd take possess'san
<br /> af �he Property, ar any part thercof, in its ❑wn nam� vr in the name of Trustee, and da any acts which it
<br /> deems n�cessary ar d��irable t❑ preserve the �alue, marketability ❑r rentability of the �rvperty, or part vf
<br /> rhe Praperty ar int�rest in the Prap�rty; increase th� in�vme from the Prvperty nr proteG�the security of
<br /> �he Proper�y; and, �rvith or w�thaut �aking possession a� the Property, sue for ar otherwise collect the
<br /> rents, [55Ll�S and profits of the Proper�ty, inc�uding thc�se past due and unpaid, and apply the same, less
<br /> costs and expens�s nf operation and evllectEan att�rneys' fees, ta any indebtedness se�ured by this Deed
<br /> of Trust, all in such arder as Lender may determine. The entering upvn and taking possessi�n of the
<br /> Property, th� ��Ile�tion of such rents. 1551J�5 and profits, and the application thereaf shall na� cure or
<br /> wai�e any default ❑r n�ti�e af default under this Deed fl�Tru�t or in�alidate any act done in respvnse to
<br /> such defau�t vr pursu�nt tv such notice of defauit; and, nptwithstanding the con�inuance in possessivn of
<br /> the Property ar the Gnll�ct�on, receipt and application of rents, issues ar �rafits, Trustee ar Lender shall
<br /> be �ntitl�d t�a exercise e�ery ri�ht pro�ided for in the Nat� ar the Related Dacument� ❑� by �aw upvn the
<br /> a�currence of any e��nt of def��lt, incfuding the right t� exercise�he pawer vf sale;
<br /> �by Cammenc� an a�tion to foreclvse this Deed of Trust as a mor���c��, appoint a recei�er ar specifically
<br /> �nf�rce any af the �a�enants herenf; and
<br /> �cy Deli�er tv Trustee a written d�clarati�n af default and demand �or sale and a written ntatice vf default
<br /> �nd ele�tivn to eause Trustor's interest in �he Pr�perty tv be sold, which notice Trustee shall cause to �e
<br /> duly filed for record in the apprapriate offices af the Cvunty in whi�h the �'roperty is located; and
<br /> �d} With respect tv all ar any part of the Personal Prflperty, Lender shall ha�e all the rights and remedies
<br /> of a secured party under the Nebraska Uniform Commercial Code.
<br /> Fvre�lasure by Power vf Sale. If L�nder e[ects to fvr�close by exercise ofi the Power of Sale herein contained,
<br /> Lender sha11 notify Trust�e and shall depnsit with Truste� t�is Deed ❑f Trust and the Note and suGh receipts
<br /> and e�idence af expenditur�s made and se�ured by this �eed ❑fi Trust as Trustee may require.
<br /> �ay L�pon receip� �f such notice frvm Lender, Tru�tee shal! c�use ta be rec�rd�d, pu�lished and deli�ered
<br /> tv Trustar suGh N�tice a� Default and Nntice of �ale as then requir�d by law and by this Q�ed of Tr�st.
<br /> Truste� shall, without demand an Trustar, a�ter such time as m�y then lae required by law and a�x�r
<br /> recordation o� such Notice c�f �]ef�ult and after Notice of 5ale ha�in� been gi�en as required by law, sell
<br /> the Property a�C �h� time and pla�e vf sale fixed by it in such N���Ge of Sale, either as a whvle, or in
<br /> separate lots or p�rce�s ar items �s Trustee �hall deem expedient, and in such ❑rder as it may determine,
<br /> at pub�i� auctian �v the highest bidd�r fvr cash in lawful money ❑f the Un�ted 5tates paya�le at the time
<br /> of sale. Trustee �ha�l deliuer to such purchaser or purchaser� �hereof its go�d and sufficient deed ar
<br /> deeds conveying the property so sald, but ►rvithout any ca�enant ❑r warranty, express or �mplied. The
<br /> recitals in suGh deed ❑f any matters ar facts shall be conclusi�e prvaf of the truthfulness thereof. Any
<br /> persan, including without lim�tation Trustor, Trusfiee, ❑r L�nd�r, may purchase at such sale.
<br /> �b) As may be permitted by law, after deducting a�i costs, fees and �xpenses af Trustee and af th�s
<br /> Trust, including casts �f e�idence af title En�vnnection with sale, Trustee shai� apply the proc��ds�f sale
<br /> t❑ payment❑f �ij all �ums expended under the terms of this Deed vf Trust or under th� terms of the Nvte
<br /> n�t then repaid, inc�uding but not limited to accrued inter��t and �ate �harges, �ii} all other sums then
<br /> se�ured her�by, and �iiiy the remainder, if any, to the persvn or persans legally entitl�d thereto.
<br /> tcy Trustee may in the manner pra�ided hy law pvsfipon� sale of�II pr any pvrtion of the Prop�rty.
<br /> Remedie� Not Exclusi�e. Trustee and Lend�r, and each o� them, shall b� �ntitled tv en�t�rce payment and
<br /> p��farmance of any indeb�edness or abliga�iQn� se�ured by thss Deed of Trust and to exercise a�� rights and powers
<br /> under this Deed of Trust, unde� the Note, und�r any of the R�I��t�d �acuments, or �nder any ath�r agre�ment ❑r
<br /> any iaws now flr hereafter in f�r�e; notwithst�nding, some or all �f such indehtedn�ss and ob�igativns �ecured by
<br /> this �eed of Trust may now ar hereafter be atherwise se�ured, whether by mortgage, deed af trust, pled�e, lien,
<br /> assignment or atherwise. f�either the acGept�nce vf this Deed ❑f Trust nar its enf�rcement, irvhether by court
<br /> action or pursuant to the pvwer af sal� or oth�r powers contain�d in this ❑eed �f Trust, sha�� prejudice or in any
<br /> manner af#ect Trustee's or Lender's right to reali�e upvn or enforce any �ther security now ❑r hereafter held by
<br /> Trustee or Lender, it being agreed that Trustee and Lender, and each�f them, shall be entitled to enf�ree this Deed
<br /> ❑f Trust and any �the� security now vr hereafter held �y Lender or Truste� in such arder and manner as they ar
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