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2� 1 7�2 891
<br /> aEED �F TRUST
<br /> Loan No; 1�7 3�4��8 {C�nt�nued� Page C
<br /> �he sam�sha��thereupon b�come due and payable withou#any presentmen�, demand, protes�ar nvtice ot any
<br /> kind. Thereafter, Lender may:
<br /> �af Ei�her in person �r by agen�, with ❑r withvut bringing any action vr praceeding, ar by a rec�i�er
<br /> appoin�ed by a cour� and withou�regard�o#he adequacy vf its securi�y. enter up�n and ta�e possessivn
<br /> of the Prvperty, or any part ther�a�, in i�s own nam� ar in the name of T�ustee, and do any acts which it
<br /> deems necessary or desirable to pr�ser�e the �alue. marke�ability or rentability❑�F the Property. or part❑f
<br /> the Prvperty �r interest in the Pr�perty; increase �he income from the Property vr pr��ect the security at
<br /> the Prop�r�y; and, with ar wi�hvut taking passession o� the Proper�y, sue �or ar o�herwise cat�ect the
<br /> ren�ts. issues and pro�its of�he Praperty, in�luding �hose past due and unpaid, and apply the same, �ess
<br /> �as�s and expenses of operation and coile�tion a��vrneys' fees,to any indehtedness secured hy�his ❑eed
<br /> v� Trust. a[j in such arder as Lende� may de�ermine. The entering upvn and taking passessian �f the
<br /> Pr�perty, the colEection ��F such rents, issues and prafits, and the applica�ion therevf shali not �ure or
<br /> wai�e any de�ault ar notice ot defau�t under this Deed of Trus�t or in�alida�e any act done in response to
<br /> such defau��❑r pursuan�to su�h notice of d��aul�; and, notwithstanding the con�inuance in possession af
<br /> the Property ar the �alleGtion, receip� and application o� rents. issues ar proti�s, Trustee ar Lender shall
<br /> be en�itIed to exercise e�ery righ�pro�ided �For in the N�te ar the Reia�ted ❑ocuments or by law upon the
<br /> ❑�currenc�o�any e�en�❑f default, including the right to exet��se the power of saie;
<br /> �b} Commence an action to#areclose this Deed o�Trus�as a mor�gage, appoin'�a receiWer ar spe�if�cally
<br /> en�orGe any o�the coWenants here�t; and
<br /> {cy De�i�er�a Trus�ee a written de�laration v�default and demand for sale and a ►nrritten notice o�de�aul�
<br /> ar�d eiection�❑cause Trus�ar's interes�in the Proper#y�v be sold, which no�ice Trustse shall cause to be
<br /> duly fi[ed far record �n the apprapriate o��ices of the Coun�y in which�he Prnper�y is focated; and
<br /> fd� 1J1lith respec��❑ al! ❑r any part o'�the Personal Property, L�nder sha�[ ha�e all the rights and remedies
<br /> ❑t a secur�d par�ty under�he Nebraska Uniform Commercial Gode.
<br /> Fore�losure by Pawer vf Sale. I�Lender�le�ts to�ore�lase by exercise o��he Power af Sale herein contained,
<br /> Lender shail notify Trus�ee and shall d�pvsit wi�h Trus�ee this ❑eed ❑�Trust and the N��e and su�h receipts
<br /> and e�idence of expenditures made and secured hy this 17eed of Trust as Trustee may require.
<br /> �a� lJpon receipt vf such notice#rom Lender, Trus�ee shall cause to be re�arded, published and delivered
<br /> to Trus�ar such N�tice v� DefauIt and No�i�e o� Sale as then required by law and by this ❑eed o�Trust.
<br /> Trustee shall, withvu� demand an Trustar, after su�h tEme as may #hen be required hy law and at�er
<br /> recordati�n v�such No�ice of De�ault and a�ter Notice v� Sale ha�ing been gi�en as required by iaw� sell
<br /> the Prvperty at th� t�me and place v� sale �ixed by i� in such Noti�e nf 5ale. ei�her as a whol�, or in
<br /> separate lo�s vr parceEs or items as Trustee sha�I deem expedient, and in such arder as it may determine,
<br /> at public auctian tv the highest bidder'�or�ash in lawful money o�the United S�ates payahie at the tErne
<br /> o� sal�, Trustee shal! deli�er to such purchaser or purchasers �hereaf ��s g��d and su#fiG�ent deed or
<br /> deeds conveying the proper�y s❑ sold, bu� withaut any co�enant or warran�y, express ar �mplied. Th�
<br /> reci�als �n such deed o� any mat�ers vr �acts shali be conciusi�e praof of the 'tru�h�ulness thereof. Any
<br /> person, including wi�hout iimita�ion Trustvr,Trustee, ❑r Lender, may purchas� a�such sale,
<br /> tby As may be permi��ed by �aw, a�-ter deducting a!! CD5�5, fiees and expenses �-� Trustee and ot �his
<br /> Trustr including costs a�eWidence af title in conne�tian wi�h sale,Trustee shall appEy the proceeds❑t sale
<br /> ta paymen�❑f �i} all sums expended und�r�he terms o�this Deed of Trus�ar under�he�erms a�the Nvte
<br /> not then repaid, inCluding but not limited to accrued interest and Iate charges, ��i} ali other sums then
<br /> secured hereby, and �iiiy�he remainder, i�any,to th� persan or persvns lega�ly entitled�he�etv.
<br /> �c� Truste�may in the manner proWided by law postpvne sale of aII ar any portion of�he Praperty.
<br /> Remedies Not Exc[usive. Trustee and Lender, and each ❑f them, shall be entitled �v �n�Fvrce payment and
<br /> per�vrmance ❑f any indebtedness❑r❑b�igativns secured by this Deed❑f Trust and�❑exercise all rights and powers
<br /> under this ❑eed �f Trustr under the No�e, under any a�the Rela�ed D�cuments, or under any other ag�eernent or
<br /> any laws now or hereairter in farce; notwiths�anding, svme ar all o�such indeb�edness and ❑bliga'�iohs secur�d by
<br /> this Deed ❑f Trust may now vr hereafter be atherwise secured, whe�her by mortgage, deed ❑t trust. plsdge, lien,
<br /> assignment ar ath�rw�se. Nei�her the accep�an�e of this Deed of Trust nor its enfiarcemen#, whether by cvurt
<br /> ac�ion vr pursuan't �o the pawer ❑f saie ❑r other pvwers con�tained in this Deed of Trus�, shai! prejudice or in any
<br /> manner af�ect Trus�ee's or Lender`s righ� tv reaIize u�an ar en�orce any other security nvw ❑r hereafter held by
<br /> Trustee or L�nder, it being agreed that Trustee and Lender, and each v�them. shal�be enti�ied to en�orce�his Deed
<br /> of Trust and any ❑�her se�urity now or hereaf�er held by Lender �r Trustee in such order and mann�r as they ar
<br /> either af them may in �heir absolute dEscretion de�ermine. No remedy con�erred upon vr reser�ed to Trustee vr
<br /> Lender, is in�ended�o be exciusi�e o� any other remedy in this Deed a�Trust vr by law provided ar permi�ted, but
<br /> each shal! be cumulati�e and shall be �n addi��vn to eWery other remedy gi�en in this Deed vf Trus� vr na►rv or
<br /> hereafter existing a�law or in equity or by sta�ute. E�ery power❑r remedy gi�en by the Note or any o�the Related
<br /> Docum�nts �� Trus�ee or Lender ❑� �ta which either o� them may be o�herwise entitled, may be exer�ised,
<br /> con�urrently or independently. �rvm �ime to �ime and as of�en as may be deemed expedien�by Trustee ar Lender,
<br /> and ei�her v� them may pursue inconsisten� remedies. N�thing in �his ❑eed af Trust shall be constru�d as
<br /> prohibit�ng Lender fram seeking a deficiency judgmen�against the Trustvr�o�he exten�such action is permitted �y
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