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2� 17�2793
<br /> DEEI3 QF 1�R�1ST
<br /> Lvan N�: 'I�13�4535 ��ontinued� Page 7
<br /> fifteen t 15} days; or {�} if the cure re�uires more than fifteen �157 days, immedia�ety ini�iates s�eps which Lender
<br /> de�ms in Lender's safe discreti�n �❑ be suf�icien� �o cure the defaul� and th�rea�ter continues and completes all
<br /> reasanable and necessary s�eps �u�ficient ta pradu�e cflmpl�ance as saon as reasonab[y practical.
<br /> RIGHTS AND REIVIEi�IES �]N DEFAULT. lf an Even�of Default o�curs under this Deed ❑f Trust, afi any time thereafter,
<br /> Truste� ❑r Lender may exercise any one or mare of�he fo�lowing rights and remed�es;
<br /> Acceleratian Upvn Default; Additional Remedies. If any E�en�af Default occurs as psr �he terms of the Na�e
<br /> secured h�reby, L�nder may declar� all Ind�b�adness se�ured by this Qeed a.�Trust ta be due and payable and
<br /> the sam� shail �hereupan become due and payable without any presentment, demand or pro�est af any kind.
<br /> Thereaf�er, Lender may:
<br /> �a� Either in persan ❑r by agen�, with ar w��h�u� bringing any acttvn or proceedEng, or by a receiver
<br /> appainted by a cour�and wi�hout regard to the adequacy of�ts security, ent�r upan and tak� pvssessian
<br /> ❑f�he Property, ar any part thereof, in its vwn name or in the name o�T�us�tee, and d❑ any acts whi�h i�
<br /> deerns necessary ❑r desira�le�v pres�rve�he value, marketa�ility or ren�abil�t�ofi the Property, ❑r part ofi
<br /> th� Prop�rty ❑r int�rsst in the Praper�y; in�rease �he inc�m� �ram �he Prvperty or protect�he security afi
<br /> th� Property; and, with or wifihou� �aking possessifln of the Praperty, s�e far ar ❑therwise �o{lec� the
<br /> ren�s, issues and profits ❑f the Property, including those past due and unpaid, and apply th� same� less
<br /> co�ts and exp�nses of ap�ra�ian and caf�e��i�n a�torneys' �ees, t� any indebt�dness secured by this Deed
<br /> of Tr�s�, ali in su�h arder as Lender may determine, The entering upan and taking p�ssession of �he
<br /> Praper�y, the collectian Qf such rents, issues and pro�i�s, and �he applEca�ian thereof shal! not cure or
<br /> waive any default or nQ�ice o�de�Fau[t und�r �his Deed of Trust or in�alidate any ac� dane in �esp�nss to
<br /> such de�ault❑r pursuant�o such notice of defau��; and, na�wi�rh��anding�he �ontinuanc� in possessian of
<br /> the Proper�y or �he cQflection, receipt and appfication af rents, issues ❑r pro�its, Trustee ar �ender shall
<br /> be en����ed t❑ exer�ise eu�ry right pravided for �n the Nv�e or�rhe Rela�ed Documents ar by law upon the
<br /> occurrence of any e�en�r o�fi de�ault, including the right to exercise the pQwer of sale,
<br /> {b] Cammence an action �❑ fare�lose �his D�ed of Trust as a mortgage, app�int a recei�er or specifical�y
<br /> en�orce any of the �o�cnants hereaf; and
<br /> {c} Deliv�r to Tru�tee a written declaration a�de�ault and demand for sale and a w�itten notice ot de�ault
<br /> and ��ectian�❑ cause Trus�or's interest�n the Proper�y t� be soid, which notice Trustee sha�l cause to b�
<br /> duiy filed for record in the appropriate a�fices o�the �aunty�n which�he Property is lacated; and
<br /> �d} 1Ni�h respect t❑ al! or any part of�he Personal Properfiy, L�nde�shali haWe all the righ�s and remedies
<br /> af a s�cured party under�he Nebraska Uniform Cammercial Code.
<br /> For�closure by Pvv►rer of Sale, If Lender elects to foreclose by�xercise o��he Pow�r of Sale herein cvn�ained,
<br /> Lender shail noti�y Trustee and shaEl deposit with Trus�ee this Deed of Trust and �he No�e and such �ec�ipts
<br /> and evidence af expendi�ures made and secured b�this Deed of Trust as Trus�ee may re�uire.
<br /> �a� lJp�n receipt of su�h natice from Lender, Trust�e shall cause �o be rec�rded, published and �leii�ered
<br /> t❑ Trustor su�h Not�ce v� C7efault and Notice of 5ale as �hen required by law and by �his Dee� of Trust.
<br /> Trustee shall, withaut demand ❑n Trus�or, a��er such time as may then �e required by iaw and af�er
<br /> recardatian ❑�such Notic� of De�aul� and a���r NotEce of 5ale ha�ing been gi�en as required by lavv, selt
<br /> the Property at the �im� and p�ace of sale fixed by it in such Notice �f Safe, either as a wh�le, ar in
<br /> separate lots ar parcels Qr i�ems as Trus�ee sha�l dsem e�psdten�, and in such order as �� may de�ermine,
<br /> a� public auc�ion �❑ the highest bi�Jder for cash in lawful money �f the Uni�ed S���es payable at the tim�
<br /> a� sa�e. Trustee shaf� deli�er �o such purchaser or purchasers thereof �ts goad and su��icient deed or
<br /> deeds can�eying the p�aper�y sa Sald, but withaut any ca�enan� ❑r warranty, express or implied. The
<br /> reci�als 'rn su�h deed of any matters or facts shall be con�lusiv� proof ❑f the truthfuln�ss thereof. Any
<br /> pers�n, in�iuding without limita�ian Trustar, Trusfiee, or Lender, may purchase at such sale.
<br /> ��} As may be permi�ted by Eaw, a�ter d�ducting al! cos�s, fees and expenses of Trustee and �f this
<br /> Trust, �nc�uding costs ❑#e�idence of ti��e in �annection wi�h sale, Trus�e�shal[ apply�he proceeds of saie
<br /> �o payment of [iy al! sums expended under the terms of this D�ed ❑f Trust nr under the�erms of�he Note
<br /> nat then repaid, including bu� nnt limi�ed �o accrued interes� and 1a�e charges, �iiy all other sums then
<br /> secured hereby, �nd {iii} the remainder, if any, t❑the persan or p�rsons legally enti�led fiherefio.
<br /> ��� Trust�e may in the manner p�o�ided by law pos�pone sale of all Qr any por�ion o�th� P�operty.
<br /> Fiem�di�s Not Exc[usi�e. Trustee and Lend�r, and each o� them, shafl be en�it�ed to enforce payment and
<br /> p�rf�rmance of any indebtedness ar obliga�ions secured by this De�d ❑�Trust and tv exercEse a{I righ�s and pawers
<br /> un�e� this []e�d af Trust, under �he Note, under any of the Related �ocumen�s, ar under any other agreement or
<br /> any laws n�w ❑r hereafter in f�rce; nvtwi�hs�anding, some ar a!I af such indebtedness and vbligatians secured by
<br /> �his �eed af T�us� may now ❑r hereafter be atherwise secured, whether by mortgage, deed a�trust, pledge, li�n,
<br /> . assignmen� ❑r ❑�herwise, Neither �he acceptanc� of this �eed a� Trus� nar i�s enf�rcement, whether by cQurt
<br /> a�tian ❑r pursuan� �❑ �the pow�r nf sale or a�her pawers can�ained in this Deed of Trust, shal� prejudic� ar in any
<br /> manner a�fe�t Trust�e's ar Lender's righfi ta reali�e upan or enfar�� any a�h�r securi�y naW or herea�ter held by
<br /> Trustee or Lender, i�being agreed that Trustee and Lender, and each o�them, sha�l be entitled to enforce this D�sd
<br /> of Trust and any ❑�her security now ar h�rea�ter held by �.end�r or Trustee �n such �rder and manner as they or
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