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DEED OF TRUST
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<br />purpose of making, executing, delivering, fling, recording, and doing all other things as may be necessary desirable, In Lender's sole
<br />opinion, to accomplish the matters referred to In the preceding paragraph.
<br />FULL PERFORMANCE. If Trustor pays ail the Indebtedness when due, and otherwise performs all the obligations imposed upon Trustor under
<br />this Deed of Trust, lender shall execute and deliver to Trustee a request for full reconvoyance and shall execute and'daNver to,Trustor suitable
<br />statements- of termination of any financing statement on file evidencing Lender's security Interest in the Rents and the Personal Property. Any
<br />reconveyanoe fee required by, law shall be paid by Trustor, If permitted by applicable law.
<br />EVENTS OF DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust If any of the following happen:
<br />Payment Default. Trustor falls to make any payment when due under the Indebtedness.
<br />Break Other Promises. Trustor breaks any promise made to Lender or fails to perform promptly at the time and strictly in the manner
<br />provided in this Deed of Trust or in any agreement related to this Deed of Trust.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained in this Deed of Trust, the Note or in
<br />any of the Related Documents. If such a failure Is curable and If Trustor has not been given a notice of a breach of the same provision of this
<br />Deed of Trust within the preceding twelve (12) months, it may be cured (and no Event of Default will have occurred) It Trustor, after Lender
<br />sends written notice derhanding cure of such failure: (a) cures the failure within fifteen (15) days; or (b) If the cure requires more than Wilson
<br />(15) days, immediately Initiates steps sufficient to cure the failure and thereafter continues and completes all reasonable and necessary slips
<br />sufficient to produce compliance as soon as reasonably practical.
<br />Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment for taxes or insurance, or
<br />any other payment necessary to prevent filing of or to effect discharge of any lien.
<br />DelauR In Favor of Third Parties. Should Trustor default under any loan, extension of credit, security agreement, purchase or sales
<br />agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of Trustor's property or Trustor's
<br />ability to repay the Indebtedness or perform their respective obligations under this Deed of Trust or any of the Related Documents.
<br />False Statements. Any representation or statement made or furnished to Lender by Trustor or on Trustor's behalf under this Deed of Trust,
<br />the Note, or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished.
<br />Defective CoNalsralintlon. This Deed of Trust or any of the Related Documents ceases to be in full force and effect (including failure of any
<br />collateral document to create a vaNd and perfected security interest or lien) at any time and for any reason.
<br />Deady or Insolvency. The death of Trustor, the insolvency of Trustor, the appointment of a receiver for any part of Trustor's property, any
<br />assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or
<br />insolvency laws by or against Trustor.
<br />Tdit of the Property. Any creditor or governmental agency ivies to take any of the Property or any other of Trustor's property in which
<br />Lender has a Non. This includes taking of, garnishing of or levying on Trustor's accounts with Lender. However, if Trustor disputes in good
<br />faith whether the claim on which the taking of the Property Is based is valid or reasonable, and if Trustor gives Lender written notice of the
<br />claim and furnishes Lender with mocks or a surety bond satisfactory to Lender to satisfy the claim, then this default provision will not apply.
<br />Brooch of Oder Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that Is not
<br />remedied within any grace period provided theroin, including without Imitation any agreement concerning any Indebtedness or other
<br />obligation of Trustor to Lender, whether existing now'or later.
<br />Events Afbcting Guaranbr. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation party
<br />of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes
<br />the validity of, or liability under, any Guaranty of the Indebtedness . In the event of a death, Lender, at its option, may, but shah not be
<br />required to, permit the guarantor's estate to assume unconditionally the obligations arising under the guaranty in a manner satisfactory to
<br />Lender, and, In doing so, cure any Event of Default.
<br />Insecurity. Lender in good falth believes Nsolf insecure.
<br />Existing Indebtedness. The payment of any installment of principal or any Interest on the Existing Indebtedness is not made within the time
<br />required by the promissory note evidencing such indebtedness, or a default occurs under the instrument securing such indebtedness and is
<br />not cured during any applicable grace period in such instrument, or any suit or other action is commenced to foreclose any existing lien on
<br />the Property.
<br />Right to Cure. If such a failure is curable and lt Trustor has not been given a notice of a breach of the same provision of this Deed of Trust
<br />within the preceding twelve (12) months, N may be cured (and no Evert of Default wil have occurred) If Trustor, after Lender sends written
<br />noiloe demanding cure of such failure: (a) cures the failure within fifteen (15) days; or (b) If tie cure requires more than fifteen (16) days,
<br />Immediately Initiates steps sufficient to cure the failure and thereafter continues and completes all reasonable and necessary steps sufficient
<br />to produce compliance as soon as reasonably practical.
<br />RIGHTS, AND REMEDIES ON DEFAULT. If an Event of Default occurs ; under this Deed of Trust, at any lime thereafter,. Trustee or Lender may
<br />exercise anyone or more of the following rights And remedies:
<br />Acceleration Upon Default; Additional Remedies. lt any Event of Default occurs as per the terms of the Note secured hereby, Lender
<br />may declare all Indebtedness secured by this Deed of Trust to be due and payable and the same shall thereupon become due and
<br />payable without any presentment, demand, protest or notice of any kind. Thereafter, Lender may:
<br />(a) Either In person or by agent, with or without bringing any action or proceeding, or by a rocoiver appointed by a court and
<br />without regard to it* adequacy of its security, enter upon and take possession of the Property, or any part thereof, in Its own name
<br />or In the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value, marketability or rentability
<br />of the Property, or part of the Property or interest In the Property; increase the income from the Property or protect the security of
<br />the Property; and, with or without taking possession of the Property, sue for or otherwise collect the rants, issues and profs of the
<br />Property, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection attorneys'
<br />fees, to any Indebtedness secured by this Deed of Trust, all In such order as Lender may dotermle. The entering upon and taking
<br />possession of the Property, the collection of such rents, issues and profits, and the application thereof shall not cure or waive any
<br />default or notice of default under this Deed of Trust or invalidate any act done in response to such default or pursuant to such
<br />notice of default; and, notwithstanding the continuance in possession of the Property or the collection, receipt and application of
<br />rents, issues or profits, Trust" or Lender shah be entitled to exercise every right provided for in the Note or the Related
<br />Documents or by law upon the occurrence of any event of default, Including the right to wwolse the power of sale;
<br />(b) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or speclficaNy enforce any of the
<br />covenants hereof; and
<br />(c) Deliver to Trustee a written declaration of default and demand for sale and a written notice of default and election to use
<br />Trustor's interest in the Property to be sold, which notice Trustee shall cause to be duly filed for record in the appropriate offices of
<br />the County in which the Property is located; and
<br />(d) With respect to all or any part of the Personal Property, Lender shad have all the rights and remedies of a secured party under
<br />the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale heroin contained, Lender shall notify
<br />Trustee and shah deposit with Trustee this Deed of Trust and the Note and such receipts and evidence of expenditures made and
<br />secured by this Deed of Trust as Trustee may require.
<br />(a) Upon receipt of such notice from Lander, Trustee shall cause to be recorded, published and delivered to Trustor such Notice
<br />of Default and Notice of Sale as them required by law and by this Deed of Trust. Trustee shall, without demand on Trustor, after
<br />such time as may than be required by law and aft recordation of such Node of Default and after Nola of Sul having been
<br />given as required by law, ssN the Property at the time and place of sale fixed by it in such Notice of Sale, either as a whole, or in
<br />separate bier or paroels or Name as Trustee shah doom expedient, and in such order as it may determine, at public auction to the
<br />highest bidder for cash in lawful money of the Urged States payable at the time of sale. Trustee shall delver to such purchaser or
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