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200107219 <br />Instrument. The receiver or its agents shall be entitled to enter upon and take possession of any and all of the Property. <br />The receiver, personally or through its agents or attorneys, may exclude Trustor and its agents, servants, and employees <br />wholly from the Property, and have, hold, use operate, manage and control the same and each and every part thereof, <br />and keep insured the properties, equipment, and apparatus provided or required for use in connection with the business <br />or businesses operated on the Property, and make all such useful alterations, additions, betterments, and improvements <br />as the receiver may deem judicious. Such receivership shall, at the option of Beneficiary, continue until full payment <br />of all sums hereby secured, or until title to the Property shall have passed by foreclosure sale under this Instrument and <br />the period of redemption, if any, shall have expired. <br />16. FORECLOSURE BY POWER OF SALE. Should Beneficiary elect to foreclose by exercise of the Power <br />of Sale herein contained, Beneficiary shall notify Trustee and shall deposit with Trustee this Deed of Trust and the Note <br />and such receipts and evidence of expenditures made and secured hereby as Trustee may require. <br />(a) Upon receipt of such notice from Beneficiary, Trustee shall cause to be recorded, published and <br />delivered to Trustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust. <br />Trustee shall, without demand on Trustor, after such time as may then be required by law and after recordation of such <br />Notice of Default and after Notice of Sale having been given as required by law, sell the Trust Estate at the time and <br />place of sale fixed by it in such Notice of Sale, either as a whole, or in separate lots or parcels or items as Trustee shall <br />deem expedient, and in such order as it may determine, at public auction to the highest bidder for cash or cash <br />equivalent payable at the time of sale. Trustee shall deliver to such purchaser or purchasers thereof its good and <br />sufficient deed conveying the property sold, but without any covenant or warranty, express or implied. The recitals in <br />such deed of any matters or facts shall be conclusive proof of the truthfulness thereof Any person, including, without <br />limitations, Trustor, Trustee or Beneficiary, may purchase at such sale and Trustor hereby covenants to warrant and <br />defend the title of such purchaser or purchasers. <br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this <br />Trust, including costs of evidence of title and reasonable attorney fees, Trustee shall apply the proceeds of sale to <br />payment of (i) all sums expended under the terms hereof, not then prepaid, with accrued interest; (ii) all other sums <br />secured hereby; and (iii) the remainder, if any. to the person or persons legally entitled thereto. Nothing herein shall be <br />construed as prohibiting Beneficiary from seeking a deficiency judgment against Trustor. <br />(c) Trustee may in the manner provided by law, postpone sale of all or any portion of the Trust <br />Estate. <br />17. REMEDIES NOT EXCLUSIVE. In the event of default, the remedies provided in this Deed are not <br />exclusive of any other remedies available to the Beneficiary and Trustee as allowed by law. <br />18. ADDITIONAL TRUSTEE POWERS AND LIMITS OF LIABILITY. At any time, and without notice, <br />upon written request of the Beneficiary and presentation of this Trust Deed and the Note(s) for endorsement, and <br />without liability therefor, and without affecting the personal liability of any person for payment of the indebtedness <br />secured by this Deed, and without affecting the security for the full amount secured on all property remaining subject to <br />this Deed, and without the necessity that any sum representing the value of any portion thereof of the property affected <br />by the Trustee's action be credited on the indebtedness, the Trustee may: <br />(a) release and reconvene all or any part of the property; <br />(b) consent to the making and recording, or either, of any map or plat of the property or any part <br />thereof, <br />(c) join in granting any easement thereon; <br />(d) join in or consent to any extension agreement or any agreement subordinating the lien or <br />encumbrance of this Deed. <br />The Trustee shall not be held liable for any loss resulting from any act(s) or failure(s) to act if such act(s) or <br />failure(s) are so performed in good faith. <br />19. ACCELERATION UPON SALE OR ENCUMBRANCE. If the Trustor sells, conveys, transfers, or <br />disposes of or further encumbers the property, or any part thereof, without the written consent of the Beneficiary being <br />first had and obtained, the Beneficiary shall have the right, at its option, to declare all sums secured hereby immediately <br />due and payable. <br />20. REQUEST FOR NOTICE. Trustor hereby requests a copy of any notice of default and that any notice of <br />sale hereunder be mailed to it at the address set forth in the first paragraph of this Deed of Trust. <br />21. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the State of Nebraska. In the <br />event that any provision of clause of any of the Loan Documents conflicts with applicable laws, such conflicts shall not <br />affect other provisions of such Loan Documents which can be given effect without the conflicting provision, and to this <br />end the provisions of the Loan Documents are declared to be severable. This instrument cannot be waived, changed, <br />discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of <br />any waiver, change, discharge or termination is sought. <br />22. RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary stating that all sums secured <br />hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee for cancellation and retention <br />and upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor, or the person or persons legally <br />entitled thereto, without warranty, any portion of the Trust Estate then held hereunder. The recitals in such <br />reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any <br />reconveyance may be described as "the person or persons legally entitled thereto." <br />23. NOTICES. Any notice, demand, request or other communication with respect to this Deed of Trust shall <br />be in writing and shall be effective only if the same is delivered by personal service or mailed first class or by certified <br />mail, postage prepaid, return receipt requested. Any party may at any time change its address for notice of such <br />change. <br />24. TIME OF THE ESSENCE AND NON - WAIVER. Time is of the essence of this Deed of Trust. <br />Acceptance by Beneficiary of any sum secured hereby after its due date does not constitute a waver by Beneficiary of <br />its right to require prompt payment when due of all other sum so secured or to declare default for failure to so timely <br />pay. <br />25. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Deed of Trust, duly executed and <br />acknowledged, is made a public record as provided by law. <br />