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200403663 <br />every right provided for in the Trust Deed or Promissory Note secured <br />hereby, or by law on occurrence of any event of default, including the <br />right to exercise the Power of Sale; <br />(b) Commence an action to foreclose this Trust Deed as a mortgage, to seek <br />deficiency on the indebtedness after foreclosure, to appoint a receiver, and <br />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 Trustors' interest in <br />the Property to be sold under the Power of Sale contained herein, which <br />notice Trustee shall cause to be duly filed for record in the appropriate <br />official records of Hall County, Nebraska, all to the extent required by <br />applicable law; <br />(d) Such sums as Beneficiary deems necessary to protect the Property and <br />cure any default of the Trustor; <br />(e) Exercise all rights and remedies available to Beneficiary under the <br />Nebraska Trust Deeds Act. <br />17. Foreclosure by Power of Sale. Should Beneficiary elect to foreclose by exercise <br />of the Power of Sale herein contained, Beneficiary shall notify Trustee and shall <br />deposit with Trustee this Trust Deed and the Trust Deed Note and such receipts <br />and evidence of expenditures made and secured hereby as Trustee may require. <br />(a) On receipt of such notice from Beneficiary, Trustee shall cause to be <br />recorded, published and delivered to Trustors such notice of default and <br />notice of sale as then required by law and by this Trust Deed. Trustee <br />shall, without demand on Trustor, after such time as may then be required <br />by law and after recording of such notice of default and notice of sale, <br />having been given as required by law, sell the Property at the time and <br />place of sale fixed by Trustee in such notice of sale, either as a whole or in <br />separate lots, parcels or items as Trustee shall deem expedient, and in such <br />order as Trustee may determine, at public auction to the highest bidder for <br />cash in lawful money of the United States, or certified or cashier's check, <br />payable at the time of sale. Trustee shall deliver to such purchaser or <br />purchasers thereof Trustee's good and sufficient deed conveying the <br />Property so sold, but without any covenant or warranty, express or <br />implied. The recitals in such deed of any matters or facts shall be <br />conclusive proof of the truthfulness thereof. Any person including, with <br />limitation, Trustors, Trustee or Beneficiary, may purchase at such sale and <br />Trustors hereby covenant to warrant and defend the title of such purchaser <br />or purchasers; <br />(b) As may be permitted by law, after deducting all costs, fees and expenses <br />of Trustee and of this trust Deed incurred in connection with any such <br />