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2� 1 7�2 7�2 <br /> D�ED �F TRUST <br /> Laan N�: 'I�'13�4'1'I� ��ontinued} Page 7 <br /> #ifteen t 1 5� days; or ��y if the cure requires more than fifteen �15� days, immediately initiates steps which Lender <br /> deems in Lender's sole discretion to be sufficient ta cure the default and �hereafter continues and comp�etes all <br /> reasonahle and necessary steps sufficient ta produce campiEance as soan as reas�nably p�actical. <br /> RIGHTS ►4ND REMEDIES ON DEFAULT. If an E�enY ofi ��fault o�curs under this �eed of Trust, at any �ime thereafter, <br /> Trustee or Lender may exercise any❑ne or more ❑f the follvwing rights and remedies: <br /> Accel�ration Upon Default; Additional RemedEes. I# any E�ent af Default oc�urs as per the terms af the Note <br /> secured hereby, Lender may deGlare all lndebtedness secured by this ❑eed of Trust to be due and payable and <br /> the same shall thereupan bec�me due and paya�le without any presentment, demand, protest or n�tice ❑f any <br /> kind. Thereafter, Lender may: <br /> �a} Either in person or by agent, with ❑r without bringing any action or proceeding, or by a recei�er <br /> appointed by a court and withaut regard t❑ the adequa�y of its security, ent�r upon and take possessi�n <br /> of the Praperty, or any part thereof, in its own name ❑r in the name of Trustee, and d❑ any acts which it <br /> deems necessary or desirable to preser�e the �alue, marketability or rentabi�Ety of th� Property, or part of <br /> the Property or interest in the Property; increase the income fram the Praperty or pratect the security ❑f <br /> the Praperty; and, with ar withaut taking possessian of the Prflperty, sue for vr atherwise c�llect the <br /> rents, issues and pro�its af the Property, including th�se past due and unpaid, and apply �he same� I�55 <br /> �asts and expenses of aperatian and collec�ion attorneys' fees, t❑ any Endehtedness secured by this Deed <br /> of Trust, all in such order as Lender may determine. The entering upan and taking possessivn a�F the <br /> Property, the �oilectian af such rents, issues and profits, and the appficatian thereof shall not cure ❑r <br /> wai�e any default or notice of defauft under this Deed of Trust ❑r invalidate any a�t done in respanse t❑ <br /> such default ar pursuant to such noti�e af default; and, notwithstanding the continuance in possessi�n of <br /> the Prvperty �r the �ollectian, receipt and application of rents, �55u�5 or profits, Tru�tee ❑r Lender shalf <br /> b� entitled to ex�rcise e�ery right pro�ided far in the Nate ❑r the Related D�cuments ❑r �y law upon the <br /> occurrence of any e�ent of default, including the right to exer�ise the pawer of sale; <br /> �by Commence an action to fare�fose th�s Deed of Trust as a mortgage, appoint a recei�er or specifically <br /> enforce any ❑f the co�enantS hereof; and <br /> �cy Deli�er to Trustee � written de�laration ❑f default and demand for sale and a written notice ❑f default <br /> and election ta cause Trustvr`s interest in the Property to be sold, which natice Trustee shall cause ta be <br /> duly filed for re�ord in the apprapriate affices of the County in which the Property is �o�ated; and <br /> �df VVith respect tv all or any part ❑f the Personal Prvper�y, Lender shall ha�e all the r�ghts and remedies <br /> of a secured party under the Nebraska Uniform �vmmercia! Co�e. <br /> Foreclosure hy Power of Sale. 1f Lender elects t❑ foreclose by exercise ❑f the Pow�r ❑f Sale herein contained, <br /> Lender shail notify Trustee and shall deQosit with Trustee this �eed of Trust and the Nate and such receipts <br /> and e�idence ❑f expenditures made and secured by this Qeed ❑#Trust as Trustee may require. <br /> �a� Upon receipt of such nati�e from Lender, Trustee shall cause t❑ �e recarded, published and deli�ered <br /> ta Trustor su�h Notice ❑� Default and Natice of 5a1� as then required by law and by this ❑eed af Trust. <br /> Trustee shall, with�ut demand an Trustor, after such time as may th�n be required by law and a#ter <br /> recordat�on ❑f su�h Notice of ❑efault and after N�ti�e of 5ale ha�ing been gi�en as requir�d hy law, sell <br /> the Property at the time and place of sale fixed by it in such [Votice of Sale, either as a whale, or in <br /> separate lots ar par�els or items as Trustee shall deem expedient, and in such arder as it may determine, <br /> at public auction to the highest bidder for cash in lawful money of the United States payable at the tirne <br /> of sale. Trustee shall deli�er to such purchaser ar purchasers thereof its gaod and sufficient deed ❑r <br /> deeds cnn�eying the praperty sa safd, �ut without any co�enant ❑r warranty, express or implied. The <br /> recitals in such deed of any matters or facts shall be conclusi�e proaf af the truthfulness thereaf. Any <br /> persan, including without limitation Trustar, Trustee, vr Lender, may purchase at such sale. <br /> �b� As may be permitted by law, after dedu�ting a1f costs, fees and expenses of Trustee and ❑f this <br /> Trust, including costs of e�idence ❑f title in cvnnection with saEe, Trustee shalE apply the pro�eeds af sale <br /> to payment of �i� all sums expended under the terms of this Deed ❑f Trust or und�r the terms of the Note <br /> not then repaid, including hut not �imited ta acGrued interest and late charges, �i�� all other sums then <br /> secured hereby, and tiii� the remainder, if any, t❑the person or persans legally entitled thereta. <br /> tc� Trust�e may in the manner pro�ided by law postpone sale ❑f all or any portion of the Property. <br /> Remedies Nvt Exclusi�e. Trus�ee and Lender, and each of them, shall be entitled to enforce payment and <br /> p�rfarmance of any indebtedness or a��igations secured by this Deed �f Trust and ta exercise a�! rights and powers <br /> under this Deed ❑� Trust, under th� Note, under any ❑f the Related Docum�nfs, �r under any ❑the� agreement or <br /> any laws now �r hereafter in force; notwithstanding, some vr all of such indebtedness and obligatians secured by <br /> this �eed of Trust may now or herea�ter be otherwise seGured, whether by mortgage, deed ❑f trust, pledge, lien, <br /> assi�nment ❑r ❑therwise. IVeither the acceptance o# this Deed af Trust nar its enforcement, whether by court <br /> activn ar pursuant t❑ the pawer of sale ar other pawers contained in this Deed ❑f Trust, shall prejudice or in any <br /> manner affecfi Trustee's ar Lender's right t❑ realize upon or enfor�e any other security naw ❑r herea�ter held by <br /> Trus�ee ❑r Lend�r, it being agreed that Trustee and Lender, and ea�h of them, shall be entitled to enforce this �eed <br /> of Trust and any ❑the� security naw or hereafter held by Lender or Trustee in such order and manner as they ❑r <br />