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Loan No: 81
<br />Events Aff-cting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety,
<br />or accom odation party of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party
<br />dies or be omes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the
<br />Indebtedne -s.
<br />Adverse C
<br />prospect o
<br />Insecurity.
<br />RIGHTS AND R
<br />Trustee or Lend
<br />Accel
<br />secure
<br />the sa
<br />kind.
<br />d:
<br />th
<br />th
<br />re
<br />c.
<br />of
<br />Pr
<br />w•
<br />su
<br />th
<br />be
<br />oc
<br />(a Either in person or by agent, with or without bringing any action or proceeding, or by a receiver
<br />a. pointed by a court and without regard to the adequacy of its security, enter upon and take possession
<br />of the Property, or any part thereof, in its own name or in the name of Trustee, and do any acts which it
<br />ems necessary or desirable to preserve the value, marketability or rentability of the Property, or part of
<br />Property or interest in the Property; increase the income from the Property or protect the security of
<br />Property; and, with or without taking possession of the Property, sue for or otherwise collect the
<br />ts, issues and profits of the Property, including those past due and unpaid, and apply the same, less
<br />sts and expenses of operation and collection attorneys' fees, to any indebtedness secured by this Deed
<br />Trust, all in such order as Lender may determine. The entering upon and taking possession of the
<br />perty, the collection of such rents, issues and profits, and the application thereof shall not cure or
<br />ive any default or notice of default under this Deed of Trust or invalidate any act done in response to
<br />h default or pursuant to such notice of default; and, notwithstanding the continuance in possession of
<br />Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender shall
<br />entitled to exercise every right provided for in the Note or the Related Documents or by law upon the
<br />urrence of any event of default, including the right to exercise the power of sale;
<br />(b)
<br />en
<br />(c)
<br />an
<br />du
<br />(d)
<br />of
<br />Foreclo
<br />Lender
<br />and
<br />evi
<br />(a)
<br />to
<br />Tr
<br />rec
<br />the
<br />se•
<br />at
<br />of
<br />de
<br />rec
<br />per
<br />(b)
<br />Tru
<br />to
<br />not
<br />sec
<br />(c)
<br />Remedies N
<br />performance
<br />under this De
<br />any laws no
<br />this Deed of
<br />assignment o
<br />action or pur
<br />manner affec
<br />Trustee or Le
<br />of Trust and
<br />either of the
<br />Lender, is int
<br />each shall be
<br />hereafter exis
<br />Documents t
<br />concurrently
<br />and either of
<br />prohibiting Le
<br />law. Election
<br />make expendi
<br />failure to perf
<br />Request for N
<br />and a copy of
<br />paragraph of t
<br />Attorneys' Fe
<br />Trust, Lender
<br />and upon any
<br />reasonable ex
<br />15180
<br />201704340
<br />DEED OF TRUST
<br />(Continued) Page 5
<br />ange. A material adverse change occurs in Trustor's financial condition, or Lender believes the
<br />payment or performance of the Indebtedness is impaired.
<br />Lender in good faith believes itself insecure.
<br />MEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter,
<br />r may exercise any one or more of the following rights and remedies:
<br />ration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Note
<br />hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable and
<br />e shall thereupon become due and payable without any presentment, demand, protest or notice of any
<br />hereafter, Lender may:
<br />Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically
<br />orce any of the covenants hereof; and
<br />Deliver to Trustee a written declaration of default and demand for sale and a written notice of default
<br />election to cause Trustor's interest in the Property to be sold, which notice Trustee shall cause to be
<br />y filed for record in the appropriate offices of the County in which the Property is located; and
<br />With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies
<br />secured party under the Nebraska Uniform Commercial Code.
<br />ure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein contained,
<br />hall notify Trustee and shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br />ence of expenditures made and secured by this Deed of Trust as Trustee may require.
<br />Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and delivered
<br />rustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust.
<br />stee shall, without demand on Trustor, after such time as may then be required by law and after
<br />rdation of such Notice of Default and after Notice of Sale having been given as required by law, sell
<br />Property at the time and place of sale fixed by it in such Notice of Sale, either as a whole, or in
<br />arate lots or parcels or items as Trustee shall deem expedient, and in such order as it may determine,
<br />ublic auction to the highest bidder for cash in lawful money of the United States payable at the time
<br />ale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or
<br />s conveying the property so sold, but without any covenant or warranty, express or implied. The
<br />als in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br />on, including without limitation Trustor, Trustee, or Lender, may purchase at such sale.
<br />As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this
<br />t, including costs of evidence of title in connection with sale, Trustee shall apply the proceeds of sale
<br />ayment of (i) all sums expended under the terms of this Deed of Trust or under the terms of the Note
<br />then repaid, including but not limited to accrued interest and late charges, (ii) all other sums then
<br />red hereby, and (iii) the remainder, if any, to the person or persons legally entitled thereto.
<br />Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Exclusive. Trustee and Lender, and each of them, shall be entitled to enforce payment and
<br />f any indebtedness or obligations secured by this Deed of Trust and to exercise all rights and powers
<br />d of Trust, under the Note, under any of the Related Documents, or under any other agreement or
<br />or hereafter in force; notwithstanding, some or all of such indebtedness and obligations secured by
<br />rust may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien,
<br />otherwise. Neither the acceptance of this Deed of Trust nor its enforcement, whether by court
<br />uant to the power of sale or other powers contained in this Deed of Trust, shall prejudice or in any
<br />Trustee's or Lender's right to realize upon or enforce any other security now or hereafter held by
<br />der, it being agreed that Trustee and Lender, and each of them, shall be entitled to enforce this Deed
<br />ny other security now or hereafter held by Lender or Trustee in such order and manner as they or
<br />may in their absolute discretion determine. No remedy conferred upon or reserved to Trustee or
<br />nded to be exclusive of any other remedy in this Deed of Trust or by law provided or permitted, but
<br />cumulative and shall be in addition to every other remedy given in this Deed of Trust or now or
<br />ing at law or in equity or by statute. Every power or remedy given by the Note or any of the Related
<br />Trustee or Lender or to which either of them may be otherwise entitled, may be exercised,
<br />r independently, from time to time and as often as may be deemed expedient by Trustee or Lender,
<br />them may pursue inconsistent remedies. Nothing in this Deed of Trust shall be construed as
<br />der from seeking a deficiency judgment against the Trustor to the extent such action is permitted by
<br />by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to
<br />ures or to take action to perform an obligation of Trustor under this Deed of Trust, after Trustor's
<br />rm, shall not affect Lender's right to declare a default and exercise its remedies.
<br />ice. Trustor, on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default
<br />any Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first
<br />is Deed of Trust.
<br />s; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Deed of
<br />hall be entitled to recover such sum as the court may adjudge reasonable as attorneys' fees at trial
<br />appeal. Whether or not any court action is involved, and to the extent not prohibited by law, all
<br />enses Lender incurs that in Lender's opinion are necessary at any time for the protection of its
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