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200403671 <br />(h) Make application to a court of competent jurisdiction for, <br />and obtain from such court as a matter of strict right and without notice to Grantor or <br />regard to the adequacy of the Trust Property for the repayment of the Indebtedness, the <br />appointment of a receiver of the Trust Property, and Grantor irrevocably consents to such <br />appointment. Any such receiver shall have all the usual powers and duties of receivers in <br />similar cases, including the full power to rent, maintain and otherwise operate the Trust <br />Property upon such terms as may be approved by the court, and shall apply such Rents in <br />accordance with the provisions of Section 5.7 hereof. <br />(i) Exercise all other rights, remedies and recourses granted <br />under the Note Documents or otherwise available at law or in equity. <br />Section 5.2 Separate Sales. The Trust Property may be sold in one or <br />more parcels and in such manner and order as Trustee in its sole discretion may elect; the <br />right of sale arising out of any Event of Default shall not be exhausted by any one or <br />more sales. <br />Section 5.3 Remedies Cumulative, Concurrent and Nonexclusive. <br />Beneficiary and Trustee shall have all rights, remedies and recourses granted in the Note <br />Documents and available at law or equity (including the UCC), which rights (a) shall be <br />cumulated and concurrent, (b) may be pursued separately, successively or concurrently <br />against Grantor or others obligated under the Note Documents, or against the Trust <br />Property, or against any one o r m ore o f t hem, a t t he s ole d iscretion o f Beneficiary o r <br />Trustee, as the case may be, (c) may be exercised as often as occasion therefor shall arise, <br />and the exercise or failure to exercise any of them shall not be construed as a waiver or <br />release thereof or of any other right, remedy or recourse, and (d) are intended to be, and <br />shall be, nonexclusive. No action by Beneficiary or Trustee in the enforcement of any <br />rights, remedies or recourses under the Note Documents or otherwise at law ore quity <br />shall be deemed to cure any Event of Default. <br />Section 5.4 Release of and Resort to Collateral. Beneficiary may <br />release, regardless of consideration and without the necessity for any notice to or consent <br />by the holder of any subordinate lien on the Trust Property, any part of the Trust Property <br />without, as to the remainder, in any way impairing, affecting, subordinating or releasing <br />the lien or security interest created in or evidenced by the Note Documents or their status <br />as a second lien and security interest in and to the Trust Property. For payment of the <br />Indebtedness, Beneficiary may resort to any other security in such order and manner as <br />Beneficiary may elect. <br />Section 5.5 Waiver of Redemption, Notice and Marshalling of <br />Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and <br />HALL COUNTY, NE 10 <br />LA 1 570091v2 <br />