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00009893 <br />discretion or rights or powers conferred upon Trustee by this Deed of <br />Trust. <br />15. Events of Default. Any of the following events shall be deemed an "Event of <br />Default" under this Deed of Trust: <br />(a) Trustor fails to remedy a breach of any covenant herein within thirty (30) <br />days after written notice from Beneficiary; <br />(b) Trustor fails to pay any installment due on the Note on or before thirty (30) <br />days after the due date thereof; or <br />(c) Trustor shall have sold or encumbered the Premises in violation of <br />paragraph 10 hereof. <br />16. Acceleration Upon Default, Additional Remedies. Should an Event of Default <br />occur, Beneficiary may declare all indebtedness secured hereby to be <br />immediately due and payable and the same shall thereupon become due and <br />payable without any presentment, demand, protest, or notice of any kind. <br />Thereafter, Beneficiary may: <br />(a) Either in person or by agent, with or without bringing any action or <br />proceeding or by a receiver appointed by a court and without regard to the <br />adequacy of the Premises, enter upon and take possession of the <br />Premises, or any part thereof, and do any acts which Beneficiary deems <br />necessary or desirable to preserve the value, marketability or rentability of <br />the Premises, or any part thereof, or interest therein; increase the income <br />therefrom or protect the Premises hereof; and with or without taking <br />possession of the Premises, sue for or otherwise collect the rents, issues <br />and profits thereof, including those past due and unpaid, and apply the <br />same, less costs and expenses of operation and collection, including <br />attorney's fees, on any indebtedness secured hereby, all in such order as <br />Beneficiary may determine. The entering upon and taking possession of <br />the Premises, the collection of such rents, issues and profits and the <br />application thereof shall not cure or waive any default or notice of default <br />hereunder, or invalidate any act done in response to such default or <br />pursuant to such notice of default and, notwithstanding the continuance in <br />possession of the Premises or the collection, receipt and application of <br />rents, issues or profits, Beneficiary shall be entitled to exercise every right <br />provided for in this Deed of Trust or the Note, or by law on occurrence of <br />any Event of Default, including the right to exercise the Power of Sale; <br />(b) Commence an action to foreclose this Deed of Trust in the manner <br />provided by law for the foreclosure of mortgages on real property, to seek <br />deficiency on the indebtedness after foreclosure, to appoint a receiver, <br />and to otherwise specifically enforce any of the covenants or provisions <br />hereof, <br />(c) Deliver to Trustee a written declaration of default and demand for sale, <br />and a written notice of default and election to cause Trustor's interest in <br />the Premises to be sold under the Power of Sale contained herein, which <br />notice Trustee shall cause to be duly filed for record in the office of the <br />Register of Deeds of each county wherein the Premises or some part or <br />parcel thereof is situated, all to the extent required by applicable law; <br />(d) Advance such sums as Beneficiary deems necessary to protect the <br />Premises; <br />(e) Exercise all rights and remedies available to Beneficiary under the <br />Nebraska Trust Deeds Act. <br />