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202500752
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Last modified
2/12/2025 2:22:40 PM
Creation date
2/12/2025 2:22:39 PM
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DEEDS
Inst Number
202500752
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202500752 <br />(c) the making or furnishing of any verbal or written representation, <br />statement, or warranty to Lender that is false or incorrect in any material <br />respect by Borrower or any person or entity obligated on the indebtedness <br />secured by this Deed of Trust; and/ or <br />(d) the filing of a bankruptcy case in which the Borrower is named as a debtor. <br />13. ADDITIONAL REMEDIES UPON DEFAULT/POWER OF SALE. If <br />Borrower is in default, Lender may accelerate its power of sale, and other obligations <br />secured hereby and foreclose this Deed of Trust in a manner provided by law. If <br />applicable, at the option of the Lender, all or any part of the indebtedness secured by <br />this Deed of Trust shall become immediately due and payable upon the occurrence of <br />a default or anytime thereafter. In addition, Lender shall be entitled to all the <br />remedies provided by law, the Promissory Note(s), the other written evidences of <br />debt, this Deed of Trust, and any related documents including, but not limited to, the <br />power to sell the property which is the subject of this Deed of Trust. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county <br />in which any part of the property is located and shall mail copies of such notice to <br />each party hereto at their address set forth above, all in the manner prescribed by <br />Nebraska Law in effect at such time. <br />Trustee shall give public notice of sale to the persons and in the manner prescribed <br />by Nebraska law in effect at such time, with copies of any notice of sale to be mailed <br />to each party hereto at their address set forth above. In the event that the Trustee <br />desires to invoke its power of sale, without demand on Borrower, shall sell the <br />property to a party of its own choosing. <br />All remedies are distinct, cumulative, and not exclusive, and the Lender is entitled <br />to all remedies provided at law or equity, whether expressly set forth herein or not. <br />The acceptance by the Lender of any sum in payment or partial payment on the <br />indebtedness after the balance is due or is accelerated or after foreclosure proceedings <br />are filed shall not constitute a waiver of Lender's right to require full and complete <br />cure of any existing default. By not exercising any remedy on Borrower's default, <br />Lender does not waive Lender's right to later consider the event a default if it <br />continues or occurs again. <br />14. POSSESSION. Upon acceleration of the indebtedness secured hereby, <br />or Borrower's abandonment of the property, Lender shall be entitled to enter upon, <br />take possession of and manage the property and to collect the rents of the property, <br />including those past due. Any rents collected by Lender or the receiver shall be <br />applied first to payment of the costs of management of the property and collection of <br />Page 7 of 8 <br />
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