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<br />(g) It Trustor is not an Indly {duaf. the inquanCe, sale, liansfer. assignment, conveyance or encumbrance of more than a total
<br />of— WI- __ percent of (It a corporation) Its Issued and eutstantling stunk or if a partnership) a total of . -_--percent of
<br />partnership Interests during the period this Deed of Trust remairi5 4 lilln en•thfl Property
<br />12 Remedies, AccelerstlQn Upon Default. in the event of anv Et,ent of Default Lender may, without notice except ss required by
<br />law, declare all Indebtedness 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 Lender may
<br />(a) Demand that Trustee exercise the POWER OF SALE granted herein, and Trustee shall thereafter cause Trustor's
<br />interest in the Property to be sold and the proceeds to to distributed, all In the manner provided In the Nebraska Trust Deeds
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<br />(b) Exercise any and all r ghts prevrCed for in ary of the Loan Instruments or by law upon occurrence of any Event of
<br />Default, and
<br />(c) Commence an action to foreclose thin Deed of T•ust.as a mortgage. appoint a receiver, or specifically enforce any of the
<br />covenants hereof
<br />No remedy herein conferred upon or reserved to Trustee of Lender Is intended to be exclusive of any other remedy heroin in the
<br />Loan. Instruments or by law provided or permitted, but each shall be cumulative, shall be its addition to every other remedy given
<br />hereunder, in the Loan Instruments CIr row or hereafter existing at law or In equity or by statute, and may be exercised concurrently,
<br />Independently or successively
<br />13. Trustee. The Trustee may resigr. ,rt army time without cause. and Lender may at any time and without cause appe-rit a
<br />successor or substitute Trustee Trustee sha, I. rct be liable to any party Including without limitation Lender, Borrower, Trusiar orany
<br />purchaser of the Property for any loss or oarra� n_, unless Cue to reckless or willful misconduct. and shall not be requiredto tale any
<br />action in connection with the enforcement of, leis Dee.7 cf. Trust unless Indemnified. In writing• for all costs. conlpensali. n or
<br />expenres which may be associated therewith. Imadditlnn, Twatee may become a purchaser at any sale Of the Property budewiai or
<br />under tt ^e power.ot sale granted herein►• postpone the sale of all or any portion of the Property, as provided by law, or sell ibe
<br />Property as a whole, or In separate parcels or lots at Trustee's discrel or,
<br />14. Fees and Expenses. in the event Trustee sells the Property by ekle -vise of power of sale. Trustee shall be entitled to apply
<br />any sale proceeds first to payment of all costs and expenses of exec cis,ay .vower of sale. Including all Trustee's fees, and Lender's
<br />and Trustee's attorney's fees, acti,mlly Incurred to extent permitted by applicable law fn the event Borrower or Trustor exercises any
<br />right provided by law to cure ar, Evef t of Default. Lender shall be entitled to fecOve• from Trustor all costs and expenses actually
<br />Incurred as a result of Trustor's default, including without limitation a I "•;;stees aad attorney's fees• to the extent permitted by
<br />applicable law.
<br />15 Future Advances. Upon request of Borrower. Lender may. a, .t,, option, make additional and future advances and re-
<br />advances to Borrower Such advances and reacivances wit" ,ir'terest therein. shall be secured by this Deed of Trust At no time shall
<br />the principal amount of the Indebtedness secured by tt,,s Gee_- of Trust. not including sums advanced to protect the security of this
<br />Deed at Trust. exceed the original principal amount state,', Ce-ern. or S-16, M0.00 whichever is greater
<br />16 Miscellaneous Provisions.
<br />(a) Borrower Not Released. Extensor of the time for payment or modification of amortization of the sums secured by this
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<br />Deed of Trust granted by Lender to any successor in Interest of Borrower shall not operate to release. In any manner. the liability
<br />of the original Borrower and Borrower's successors in interest Lender shall not be required to commence proceedings against
<br />such successor or refuse to extend time for payment or othervilse modify amortization of the sums secured by this Deed of Trust
<br />by reason of any demands made by the original Borrower and Borrower's successors in interest.
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<br />(0) LHtOer•s Powers. Without affecting the liability of any other person •liable for the payment of any obligation herein
<br />mentioned, and w ;hoot affecting v 1 iter: in ulidrge of filly Deed of Trust upon any portion of the Property not then or theretofore
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<br />released as security for the full amount of a!, onpa,d obligatons. Lender may. from time to time and without notice (y) release any
<br />person se liable. Oq extend the maturity or alter any of tree te, ms of any such obligations. (Ili) grant other indulgences, (iv) release
<br />or reconvey, or cause to be released c: reconveyed ac a., time at Lender's option any parcel• portion or all of the Property
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<br />(v) take or release any othe• or additional security to ,�:'., ob4gal,ar herein mentioned. or (vi) make compositions asihons or other
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<br />arrangements with debtors ' , !etallor thereto
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<br />(c) Forbearance by Lender Not a Waiver. Any forbearance by Lender In exercrslr, ;r•r 7,gl'it 3r re -.edy hereunder, or
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<br />ol!:erwise afforded by app'.:cable law, S'ra: not be a waiver of or preclude the exec-se at any sacs rim`nt or remedy. The
<br />procurement of Insurance or tree paKrr.e-r cf taxes or other liens or charges by Lende- s'±ali rat be a era ve- of Lender's right to
<br />a_=,elerate the maturity of ir(:.r.;deb!edness secured by this Deed of Trust
<br />(d) Successors and Assigns Bound, Joint and Several Liability; Captions. The coverarf,> .mod agreements herein con-
<br />tained shall bind• and the rights hereu -oe- snail inure to. the respective successors and asSsVy 's-of Lennie, and Trustor All
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<br />covenants and agreements of Trustor sr a` ce joint and several The captions and headings o' t "e parag %:,11's of this Deed of
<br />'.`rust
<br />are for convenience only and are ^mot iJ be used to interpret or define the provisions hereof
<br />(e) Request for Notices. The parties hereby req,,est that a copy of any notice of default hereunder and a Copy of any notice
<br />of sale hereunder be mailed to each party to this Dew? of Trust at the address set forth above In the manner prescribed by
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<br />applicable law Except for any other notice sect. -ea inder applicable law to be given .r arother manner• any notice provided
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<br />for In this Deed of Trust shall be given by ma,' °,;l suCr notice by ceridled mail addressed to the other parties, at the address set
<br />forth above Any notice provided for in 1h s Deed O`. `'r,.jSt shall be effective upor mailing •n the manner designated here.rs If
<br />Trustor Is more than one person notice sent.::; "re aadress set forth above shall be flul,ce to all such persons.
<br />(f) Inspection. Lender may make or ca,:se :,: be ^-ar,e reasonable entries Jpi :,r, :!o:: Spec ions of the Property. provided
<br />that Lender shall give Trustor nonce pr.o- to ary suer '. nspection specifytry rea_ sari-- ca :se therefor related to Lender's
<br />interest In the Property
<br />(g) Reconveyance. Upor paymert ref: a. ,^y„ms sec;,red by this Deed of Trust. Lender srsc fe•r:est Trustee to recor aer the
<br />Properly a" share surrender this Deed of Trost and as notes ev denoirg indebtedness secure b.. • . ; Deed of Trust to TruS,ee
<br />Trus!e.e sirs ° reconvey the Property witno.J war'an17 ana v1r,•hc,:;t charge :o Ine person c'' ersans legally, F-.` ed tnefetu.
<br />?••�s "fit shat: �1ay all costs of recordation. if any
<br />(h! Psrsaysai.Properly; Security Agreement. As a:,d :.o -al security for the payment of V`e Note. Trustor nereby grants
<br />ender under te,Nebraska Uniform Commercial Code a secunty'r;e'gst In al fixtures• equ-pre ^t, ant) other personal property
<br />;.Sed in conneeon with the real estate or improvements located t -e ^eon. and not otherwise deo'ared or deerred to boa pat of
<br />I t teal estate secured hereby This instrument shall be construed as a Secur ti Agreement under said CoCe and the Lender
<br />S°.a'i have all the rights ar J•r,e-nedies of a secured par' f ,rder sa C Code in addition to the rights and remeC:es created under
<br />3s.d accorded tie Co° filer fn t•i s Deed of 7r,._ L']v dew •• s' Lender s : grits and rE•med.es under this paragraph Stiall
<br />be cumulative 1w'x'? , and In no way a limitation on. Lenders r.rdh. ±s a ^r }'ernedies under any other security agreement signed by
<br />Borrower or
<br />(I) Liens so Encumbrances. Ttustor hereby waf• . -1: 3 ^C ruGresffnts that there is no default udder the provisions of any
<br />mortgage, deed of trust lease or purchase contract des: • au or any part of the Property. or other contract. Inslrurnent or
<br />agreementconshtuting a lien or encumbrance agalns ".,•,. :• iry part of thf• proper *r (collectively. Liens I f- x.Sfihq as of the
<br />date of this Deed of Trust and teat any and all exigtrng i- Pr s unmod fled except as disclosed it, Lendf -r in Trustol s
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<br />writfen disclosure Of ;lens and encumbrances prov ded Icr ' ! ^ "tyil', , rurilor V-0 t-n,W y Uerforrn all r)f 'r,,Stor } t,bl,gatinnS
<br />c oven ants- recifese Plat 0^sdnd Vvar•anfiP`r unrler any;ird al,'-+ 'i1-`3 ,,nd ft,•vrf• L e b ,iia r p'Cr.rptiy fOrrvard M t f•I,q,•r , , ;• pti
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