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<br />09-tim 1Q207. � 0 - - -- -88 - -
<br />9. EVENTS OF DEFAlld. t . Any of the following events shall tw deemed an event of defduTt here
<br />(al Trustor.shall have failed to make payment of any installment of interest, principal, or principal and interest or aray
<br />other sum secured hereby when due: or
<br />('b)' There has occurred a breach of or default under any term, covenant, agreement, condition. provision, representation
<br />or warranty contained in any of the Loan Instruments.
<br />10. ACCELERATION UPON DEFAULT. ADDITIONAL REMEDIES. Should an.rrvent of default occur Beneficiary
<br />may declare all indebtri ss secured hereby to be due and payable and the same shall thereupon become due and payable
<br />without any presentment, demand, protest or notice of any kind. Thereafter Beneficiatr,v may-
<br />(i) Either in person or by agent, with or avithout bringing any action er proceeding. or-by areceiver appointed by a court
<br />and without regard tathe adeyuary afits security, enter upon and take possession of the . ust Estate, orany partthereof, in
<br />its.own name or in the name (of Trustee• and do any acts which it deems necessary ordesirnbletopreserve the value, market-
<br />ability or rentability of the Trust Estate, or part thOmf or interest therein, increase the income therefrom or protect the
<br />security hereof and, with or without taking possession of the Trust Estate, sue for or otherwise collect the rents, issues and
<br />profits thereof. including those past due and unpaid..and apply the same. less costsandexpensesofoperationond collection
<br />including attorneys fees, upon any indebtedness secured hereby, all in such order as Beneficiary via* determine., The
<br />entering upon and taking possession of the Trust Esw,aate, the collection of such renta,iOmels trod fine appjicatiortr
<br />thereof as aforesaid, shall not cure or ::•give any defa[tuccr notice of default hereunderoriirvalida ?e any-s;,-Ailt vnin response.
<br />to such default or pursuant to such notice of default and; notwithstanding the continuance in possessior, u!t'e. =ustEstate
<br />or the collection, receipt and application of rents, issues or profits. Trustee or Beneficiary shall.be ehti *% + r Fn�Ary
<br />right provided far in any of the Loan Instruments or by law upon occurrence of any event of&tiu1G including
<br />exercise the poww::' f sale;
<br />(ii) Comrn(t(>t z' n action to foreclose this Deed `of Trust as a mortgage. appoint a receiver, or specifically enforce any-of
<br />the covenants h)a
<br />(iii) Beliver`6 1' es it eea: written declaration ofdefau ltand demand forsale; and it - ire ftrennoticeofdefuilt and election
<br />to cause Trustofs iz:. ;rest im the Trust Extrate to tie sold, which notice Trustee shall cause to 7xt4uly file4 -Ezi record in the
<br />appropriate Ofrfd.al S.Vords of the Cu:t'aty, :-m which the Trust Estate is located.
<br />11. FOREIL -W, &RE BY POWER'O SALE. Should Beneficiary elect to foreclose hy::2;e -nj, e yf � Power of Sale
<br />herein contained, Beneficiary shall notify ';t'rustee.ajld shall deposit with Trustee this liked of Twist a=x ih Note and such
<br />receipts and evidence of expenditures made and saer:ed hereby as Trustee may require.
<br />(al Upon receipt of such notice from Beneftciary;.Trusts shall cause to be recorded. publist.i4ii • : d Jzkiem to. j'rustor
<br />such Notice of bolt and Notice of Sale &II, i-hen recluire:d by law and by this Deed of Trust Trem—weshall, 48fthout dem �d
<br />on Truster, aftrsf�ch time as may then be sy4uired bylaw and after recordation ofsuch Notke : `DefaultAnd after Nctr".' PiKf
<br />Sale. havingbeem oven asreyuin +dhy law, sell theTrust Estate at the time and plarellif sale fixed hyitin such NoticeofSObo
<br />either as a whole, or in separate lots (or parcels or hams as Trustee shall deemexp:- dienf, and in such order as it may ifi,o?&
<br />mine, at public auction to the highest hidder foreash:in lawful money of the tf nitedStatc-spa-y ableatthe time ofsale. Tzvt35�e
<br />shall deliver to such purchaser or purchasers thereefifi, good and sufficient deed the propertysosokknk4t
<br />without any covenant or warranty. expr , vi it implied. The recitals in such duct of any inalt~mmorfacts shall beeonelusive
<br />proof of thetruthfulnessthereof. Any per_ woo- including. %vithnutlimitation, Truster ,'ftufteeirydtii3eneficiary.may purchase
<br />at such sale•and Truster hereby covenant..; r warrant- and defend the title of such, purchd-44 or purchasers.
<br />(,heir :As may be permitted by law, after di:iiuctin}; '1rutaive Nees in the amount of ______r__ , Thatee shall apply the
<br />pruaxaa•IA of the sale in the following order iA) to all"rc asalnable costs and expemes of the safe including, but not limited to,
<br />trustee fees of not more than 1. 112 of 1 • of 4ae. gross sales price, reasonable attorney's feels anti in xis of title evidence; (b) to all
<br />sums secured Cti1 t.& Deed of Trust; (c) to tt-:e payment of junior Trust Weds, mortgages or.- ther lien holders; and (d) the
<br />bales ia4 :f:s.cy:-: te.�Jie person or persons :cgally entitled thereto.
<br />,,.ay in thy na.Atli.i. • i nivi;t( -rl by flim. p(Istpone sale of all or any lr:trtit,n of the IYttf;t Estate.
<br />^'3 NOT 1~ }i4.12 ..'S'NE.. Trustevand Beneficiary, and e,ch(ifthem. shall tieentitled to enforce payment
<br />afid ;, r ii^:la r tr, ;f any indel 'igntionei secured hereby and ti exercise all rights and powers under this Deed of
<br />Tres' nr:urider any reran Instrursc -r r :.roi her at.>rrement or and. laws now or hereafter in force. notwithstanding some or all
<br />of t�,- ' -4trch indebtedness and hivrehy may ntt.v or hire after ire otherwise secured, whether by mortgage,
<br />detcfc:t "trust, pledge. lien, atss:. ;i;funvntiirother:vise. Neither the auvel harp(• of this l) tlMofTrust nor its enform- mentwhether
<br />by <y.t -rt action or pursuant t, i !Ir(• poser of Hale oruther paw( +r) heir +in conta +invt shall prejudice or in any manner affect
<br />Trurtfee's or Reneficiarv'4 rigctt to rraliJe upon or enft(rce nny other security Itnty rq irernafter hel.�3 by Trus`.;�(:rBenefiaay,
<br />it being agreed that Trustee,uul IIenefimtry. and eaclf of thrnl. shall he entitled tit enforce thici fliad of 7irust and any oth' "r
<br />security now or i1 reafter held by Ilene icfary nr Truster- in such ord4-r anus manner as they + .)r. •tether of them may in tlitai-
<br />absolute discret:, ;i.:i aletermine. No rr .rt eov heroin eonf -rnwl upon or reserve(I to Trus tee or neneficiary is intended to (se-
<br />exclusive of any other m.-niri.v -,ereio+.r b.• law provided or pernntt(•ft. but each :.hail he cumulative and shall bein addition
<br />to every other remedy gi, -t-n i•,,: r't•undc'r tit now or hem-after (•xisintlt at law or in equity or by statute. Event power or remedy
<br />given by any of the l..t c<a,. frt. ,r uuie tits to Truste • (or Benef ic•t at ur u f which vither (if them maybe otherw iseentitled, maybe
<br />exercised, concur, t.-r "rtly or indepf•ndently li•,411 trine to ttlne anal as ottvii as may be (la•etned evpi'(lient by Trustee or Bene-
<br />ficiary and crh.or +,f them orate ,,ur!t-W twit ns,stent rant tl'te.- Nothing hee'ein �I',I he avm:tnurii as prohibiting Beneficiary
<br />frorr: stoking na-fewncy suds rn, rit again -t the 'l rnstia• to the extant such aac hi n permittd by law.
<br />Ifs ;C�l'ES'T1 °t)liNtil'lt 1, Tr• o, tt• rbemtic •,ICOpyofanynottct•( oftdvi'llull +iod that anvnot ice r)ftiralehereunder
<br />W !balled to it :t the .iddrr- art fortit 11.1 th+ first parai.milih of thi, i).•ed ,rt "Print ..
<br />14. f,tliri ;l2I):titilAW. " fllisU <- ,:'.r•tl-ustslndlht•I,ov(• roe, ill: tht• lao— • rftftr •Sumiof' \obraska.Iniheeveitti} tat.
<br />alny' prOa7tilgq (tip (`LtU.r of .lair ,+f the l: ,:ai If-. trtiownts i - ,m!lIl t:, ulth oilTi!IC.II 's , rC:'�. 1: �: a .n1li('ts shall nota►ffcctnfhur
<br />Pmvl;iionti of much I ,,, t , lriorutnt lit:. tslrt:'h (-an Ile. - 1 1 0 0fl•( -t without tar c aril: '{nib: provision. and tfi This end the ptcr
<br />1.7trrlli (if the I (,an : +i •i 11i 1'I;t' t .+r'1 tip ilclred ill h(, le•t'(•r:lillt' d`dll!4 11r�1rtl ill( alt t 11fi)n,t N. tyinye(I, Changit#, discharged Or
<br />tet•6iltatetl orally. N.- r-Jv 1. ::n- trwnf•a in win.ttng iglit'(d Ill, tilt- Et;tri. ak:ainst ::titan enforcement of any waiyi•r.
<br />change. discharge or trrniroa *r +.rt r �, +uKht.
<br />lr. K!•; L' (iti►E1'A::i'd:i:� "i'hl�i'i•:1': t' porn, of •rtltenrr:tulst +:'li +- r)tri:a: cry -# site}; ti:.: 'tttttxu►nstier•urtvlherebyhao•e
<br />Ite•n paid. and upon surremler of thr till• Nut(* t(• "till -ttr' fo° Lan(viiation and retention and upon pity
<br />onent1) rTnlstort,fTrusu•e':,fcvs.'Iru- ter• shal lr( .•,en•t•c'rn'I'ru,,tia',itrthrI ? S+, rtoy} av rSonslegallyentith 'dthereto.without
<br />t:'turatnty. aft }" portom of the "Tres =t E.stat( them ht ri.hrrruutler ('tie' re(It: o, m Sul 11 re(nnct•vamty of arty matters or facts
<br />shrllhecsmctu: �taepr•++ f +rfth.'htathftclae�;titL'rr,:, Thear••uu(c lnam r(cr,: artYWI Eetnav fie, descnhe d its "the person or
<br />persurls legally unta ivil theret,,'
<br />!h. v(il'i6'Fn4. 54h n(cer dt(nrfir)rtry.'Tru4corot Trumt -t• slt ;il! any nuttce, demand, request or
<br />r,thc r cvrnmunu•atii,n r.:ith rt'.G..•ct ,,(- tint I Ytvei -)f •1': ut,t. e,a'tt �.ut•f i naticc. dernara•fi request ur otherromrnunic atu to shalt he
<br />Inuntin};andsh ;lilheefft,u:(, .`.:,f!h( �,t► rot• i�., telh 'a•rt�t!rc }t(•n:crater•r:•e ;( rein:; ul(• d6�certifierlrnaiil .p(�ctageprepaad.
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