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202505890 <br />(a) Elect to foreclose upon the Property by POWER OF SALE granted herein, and <br />Trustee shall thereafter cause Trusters interest, if any, in the Property to be sold and the <br />proceeds to be distributed in the manner provided in the Nebraska Trust Deeds Act; or <br />(b) Commence an action to foreclose this Trust Deed as a mortgage, appoint a receiver, <br />or specifically enforce any of the covenants hereof. <br />No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be <br />exclusive of any other remedy herein or by law provided or permitted, but each shall be <br />cumulative and shall be in addition to ever other remedy given hereunder or now or hereafter <br />existing at law or in equity or by statute, and may be exercised concurrently, independently or <br />successively. <br />10. Appointment of Successor Trustee. The Trustee may resign at any time without cause, and <br />Beneficiary may, from time to time, by written instrument executed and acknowledged by <br />Beneficiary mailed to the Truster and recorded in the county where the Property is located, and <br />by otherwise complying with the provisions of applicable law, substitute a successor or <br />successors to the Trustee named herein or acting hereunder. Trustee shall not be liable to any <br />party, including with limitation Beneficiary, for any loss of damage unless due to reckless or <br />willful misconduct, and shall not be required to take any action in connection with the <br />enforcement of the Trust Deed unless indemnified, in writing, for all costs, compensation or <br />expenses which may become associated therewith. In addition, Trustee may postpone the sale <br />of all or any portion of the Property, as provided by law; or sell the Property as a whole, or in <br />separate parcels or lots. <br />11. Notices. Trustor hereby requests a copy of any notices required by law or by this Deed of <br />Trust, including, without limitation, notices of default and notices of sale, be mailed to him at the <br />address set forth in the first paragraph of this Deed of Trust, or to such other address or <br />addresses as may, from time to time, be designated by Trustor. Each such notice shall be in <br />writing and shall be effective only if the same is delivered by personal service or mailing by <br />certified mail, postage prepaid, retum receipt requested. <br />12. Fees and Expenses. In the event Trustee sells the Property by exercise of the power of sale <br />granted herein, Trustee shall be entitled to apply any sale proceeds first to the payment of all <br />costs and expenses of exercising said power of sale, including all Trustee's fees actually <br />incurred. In the event Beneficiary exercises any rights provided by law to cure an event of <br />default, Beneficiary shall be entitled to recover from Trustor all costs and expenses actually <br />incurred as a result of Trustoes default, including without limitation all Trustee's and reasonable <br />attomey's fees. <br />13. Waiver. Any extension or modification of any terms of the Promissory Note, the Obligations <br />or this Deed of Trust granted by the Beneficiary shall not operate to release the liability of the <br />Trustor. Any forbearance by the Beneficiary in exercising any right or remedy shall not be a <br />waiver of or preclude the exercise of any right or remedy. <br />14. Assignment of Leases and Rents. As additional security hereunder, Truster hereby assigns <br />to Beneficiary the rents, issues and profits of the Property. <br />15. Successor and Assigns. The Deed of Trust applies to, inures to the benefit of and binds all <br />parties hereto, their heirs, legatees, devisees, personal representatives, successors and <br />assigns. <br />Page 4 of 5 <br />