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2� 1 7�2 79�
<br /> �EED �� TRUST
<br /> Lnan No: 'i�13��5"i� tCont�tlued� Page �
<br /> app��n�ed by a �aur�and wi�hout regard �❑�he adequa�y ot its se�urity, ent�r upon and take possession
<br /> a�the Ptoperty, or any part�hereaf, i� i�s awn name �r in the name o�Trus��e, �nd do any acts which it
<br /> deems necessary or de�ira�le�a pres�r�e the�alue, marketahilifiy�r ren�abili�y ���he Pr�perty, or parfi�t
<br /> �he Property ❑r interes� in �h� Pr�perty; increase the incame fr�m th� Property vr pro�ect�he secu�i�y o�
<br /> �he Property; and, wi�h Qr witF�au� takEng posses�ivn of �he Praperfiy. sue fi�r or oth�rwise collect the
<br /> ren�s, issues and pratits t��the Praper�y, including those past due and unpaid, and appiy the same, less
<br /> costs and ea�penses af❑pe�at�on and cviiectivn at�orneys' fees,to any indebtedness s��ured by this Qeed
<br /> vt Trus�r a!I in such a�rder a� Lender may d��ermine. The entering upon and taking pvssessian v� �he
<br /> Prvperty, the �ollec�i�n ❑� such r�n�s, issues and pro�its, and �he a�pl�cation �hereaf shall not cure vr
<br /> wai�e any detauIt or natice ra�d��aul� under�his Deed ot Trus�or invalid�fi� any aGt don� in respvnse t❑
<br /> such defauit or pur�uan��v suGh na�ice❑�de�auit; and, nvtwi�hstandin�xh� �vntinuance in pvssessivn af
<br /> the Prope�-ty ❑r the cv�lec�ian, receipt and applicatian vf renfis, is�u�� vr pro�i�s, Trustee ❑r Lender shall
<br /> be entitled to ex�r�ise ��ery right pro�ided�ar in�he Note vr the Re�ated Dacumen�s vr by law upan the
<br /> occurrence vf any even't of de�ault, including the right to exer�ise�he pvwer at sal�;
<br /> {�} Comm�nc� an a��ion t❑ �ore�lose this Deed vf Trus# as a martgage, appain�a recei�er vr specifically
<br /> enfor�e any❑�the co�enan�s hereof; and
<br /> �c} Deii�er to Trustee a written d��I�r��ion ❑f de�aul�and demand �flr s�l� �nd a written notice❑�defau�t
<br /> and elec�ion to cause 7'ru��tar's in'�erest in the Pra�erty�o be s�ld, which no�ic�Trustee shali �ause to be
<br /> duly�iled far record in�he apprapriate o�fices of the Cvun�y in whi�h�h� Praperty is ia�ated; and
<br /> �d� With r�spect to all ❑r any part o�f the Persanal Praper�y, Lender shaiI ha�e all the righ�s and remedies
<br /> of a secured party under the Nebraska Uniform Commercial Gode.
<br /> Foreclasur��y Pvwer ot�ale, i�Lender elects tv�vre�l�se by e��rcise n�th� Pawer a�S�ale�erein cantained,
<br /> Lender shall notify Trust�e and shall depc�si� with Trus�ee this Deed v�Trust and �he Note and su�h receipts
<br /> and e�idenc�o�expenditures made�nd se�ured by�his Deed of Trust a�Trus�e�may require.
<br /> �a� Llpon rece��t o�such no�ice from Lender, Trust�e sha�i cause�Q b� recorded, published and deli�ered
<br /> to Trustor such Nv#ice �'� DefauIt and Not�ce o� Sale as then required by law and by �h�s Deed a�Trus�.
<br /> Trus�ee sha!!. wEthvu� demand �n Trus��r, after suGh time as may then be required by iaw and after
<br /> re�ordation v�su�h No�ice ❑f❑e�ault and after Natice ❑f Sale ha�ing been given as requir�d by law, se��
<br /> �he Property �� the �ime and place a� safe �ixed by st in such Notice of Sale, either as a whole, ar in
<br /> separate lats ar parcels a�items as Yrus�ee shall deem expedient, and in suGh ❑rd�r as it may determine,
<br /> at public auction to �he highes� biddcr�or �ash in �awtui man�y ot�he lJni�ed ��a��s payable at�he time
<br /> of sale. Trust�� shali deii��r �a such purchaser or purchasers 'therea� ��� g��d and sufficien� deed ar
<br /> deeds c�n�eying �he prap�rty so svld, bu� withaut any cv�enan� or warranty, express ar implied. The
<br /> recitals in such deed v� �ny matters or �acts sha�� he �onGlusiWe proof vf the truth�uIness there��. Any
<br /> pe�son. including without��mitati�n Trustor,Trus�ee, or Lender, may purehase at such sa1e.
<br /> �b} As may be permitted I�y iaw. a�ter deducting all �as�s. �ees and expenses af Trus�ee and ❑� this
<br /> Trus�, inciuding casts o�e�idence a�title in connectian wi�h sale,Trustee shall ap�ly��e praceeds of sale
<br /> ta paymen�of �i� aEl sums�acpended under the�erms of this Deed af Trus�C ar under the terms�f the No�e
<br /> nat �F�en repaid, including b�u'� no�t limited ta accrued interest and Ia�e Gharges, {ii� all other sums then
<br /> se�ured hereby, and �iii��he r�mainderr i�any, �o the person ar p�rsons legally entitled thereto.
<br /> �c� Trus�ee may in�he manner prn�ided by larrv pastpone sale af all❑r any portion a��he Prvperty.
<br /> Remedies Nat Exclusive. Truste� and Lender, and each ❑f �hem, shall be entitled to enfor�e paymen� �nd
<br /> perfarmance vf any indebtsdness flr obligativns se�ured by this Deed a�Trust and to ex�r�is� al! rights and paw�rs
<br /> und�r�his Deed af Trust, under �h� Na�er under any ot the Rela�ed ❑ocuments. ar under �ny other agreem�nt or
<br /> �r�y laws now ❑r hereaf�er in��rGe; natwi�h���nding, some or a11 ❑f such indeb�edness and ❑bliga�ions seGure�l by
<br /> this Qeed af Trus� may n�w �r here�fter b� otherwise secured, whether by martgage, deed ���rust, pledge, lien,
<br /> assi�nm�n� ❑� oth�rwise. N�i�h�r ��e a��eptance of this Deed of Trus� nar' its enforcement, ►rvhether by cour�
<br /> ac�i�n or pursuant to �he power of sale ❑r other pvwers contained in this ❑eed of Trus�C. shall pre�udice or in any
<br /> manner atfec� Trus�ee's vr L�nder`s righ� to reaii�e upon ❑r enfvrce any ❑�her security naw ar hereafter h�ld by
<br /> Trus�ee❑r Lender, it being �greed�Chat Trustee and Lender, and�ach o�them, sha�l be en�it[ed ta enfo�ce this Deed
<br /> o�Trus� and any nther security no�ru or herea�ter hte�d by Lend�r or Trustee in such arder and manner as they ar
<br /> ei�her a�them may in �heir ahsolu�� discre�ian d��e�mine. No remedy cvnferr�d �ap�n vr res�r�ed ta Trus�ee �r
<br /> Lender, is in�ended to h�e exclusive �f any o�her remedy in this Deed of Trus�ar by iaw pr��ided or permitted, but
<br /> ea�h shall be cumuia�i�e and sha!! be in addition to e�ery �ther remed}� �iW�n �n this Deed ❑� Trust or naw or
<br /> hereafter exis�ing at�a►�v ar in e�ui�y❑r by sta�ute. EWery pvwer o�remedy gi�ren by'�he Nvte ❑r any of the Rela�ed
<br /> Documents �o Trus��e vr Lender or tn which either o� them may be ❑therwise enti'tled. r�ay k�e exercised,
<br /> concurrently ❑r inde�endently. fram �ime�o�ime and as ❑ften as may �e deem�d expedien� by Trustee ar Lender,
<br /> and ei�her vf them may pu�su� incansis�ent remedies. Nvthing in this Deed o# Trus� shall be canstrued as
<br /> prahi�i�ing L�nder fram seeking a deficienc�r�udgment aga�ns�the Trus�or'ta�he e�tent such aG�ivn is permitted by
<br /> ��uv.
<br /> Electivn ot Remedies. All n� Lend�r's righ�s and remedies will be cumul�tt�� snd may �� exe�cised alane or
<br /> t�gether. If L�nder decides �v spend mvney or tn perform any ❑� Trus�or's o�ligatians under this Deed ❑f Trus't,
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