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<br />BLitt/ & REOOtNWANI E OF TM DEED OF TRW. `
<br />10. A aOPrssatatflev& TruwrhsrebyafaiOnatoL# rtdsrtherarMs, iMtifeandpragliojtfidPrvpsrlSCproii III d >itatTrttMor
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<br />bscoate due and payaW Upon tits Occurr anoe dart Event d Default Lerhdw may. e1", In pstsace «fry spark with or wwtout
<br />fxhigkhg any aetiat ar proaedhq. or by a nosivsr appohNad by s court and wNhimA regard b lheaide1. q 01 ib sscarny. eftbr
<br />uponandtakeposesssion din Property .or am, Part tttersd.inilaownn meorintttenemsafths 'tmoimanddioaryladswhidtR
<br />dsMnsneowwryprdeNrablatpphssehvelMvMlus, orra itabilit off ieProperty oranypwitharedairNSreatllnraki
<br />_incr*aae the kxxww therdrai n or prated tits saxtrity haired and. with or without Ukirtg poNO@Ikm Of flit Propel aus for or
<br />elherwise coif ct tthe heirs, issues and pnaf -tharoof, in iduuddhig those pat due and unpaid. and apply the $ame. leas 001111 Mild
<br />deMrmid ns The snMrirg upon ind talking aposa of upon die ropIndebtedness
<br />. � �N�cttan of such tuft bii�i � proR11 and the
<br />may . to etch del" orpurauarhttolsuchuraticeddshtu ndwithewidingthecatt inuancein possession dlhePrnpactyor
<br />the eotiiickg , receipt and application d nnft fasces a profits. and Thisbe and Lender shall be entwad to •ao cift every right
<br />provided for in any of thelan instruments or by law upon occurrence d any Event 0l Debuit including witlout limihlton the right
<br />to exercise the power deals. Further. LerKWS rights and remsdies under this paragraph "I be cumultliw wilh, and In no way is
<br />Iknilation on. Lsrhder's righband romedies under aryl asaigmns vt dwom end mnb recorded age nd ten Property. Lander. Trustee
<br />and the receiver shall be liable 10 account only for thane rentsactuatiy received.
<br />11. Evsnte d Odsrdf. The following shall constitute an Event of Default under tlrta Deed of Trust
<br />(a) Failure to pay any installment of principal or interest of any other sum soured hereby when dus:
<br />(b) A branch of or default under any provision contained in the Note, this Deist of Trust any of the Lan Instruments. or any
<br />other lien or encumbrance upon the Property;
<br />(c) A writ of execution or attachment or any similar process shalt be entered against Trustor which shall become a Henan
<br />the Property or any portion thereof or interest therein:
<br />(d) There shall be filed by or against Trustor or Borrower an action under any present or future federal, state or other
<br />statute. taw or regulation relating to bankruptcy, insolvency or other relief for debtors; or there shall be spooled any trustee.
<br />receiver or liquidator of Trustor or Borrower or of all or any part of the Property. or the rents, issues or profits thereof, or Trustor
<br />or Borrower shall make any general assignment for the benefit of creditors;
<br />(e) The sale, transfer. lease, assignment conveyance or further encumbrance of ail or any part of or any Interest in the
<br />Property, either voluntarily or involuntarily. without the express written consent of Lender, provided that Trustor shall be
<br />permitted to execute a lease of the Property that does not contain an option to purchase and the tern of which does not exceed
<br />one year,
<br />(Q Abandonment Of the Property; or
<br />(g) ItTrustor Isnotan individual, the Issuance, sate. transfer. assignment conveyance or encumbrance of more than a to t
<br />of percent of (if a corporation) ifs issued and outstanding stock or (if a partnership) a total of percent of
<br />partnership interests (t,; ring the period this Deed of Trust remains a lien on the Property.
<br />12. Remedlea; Acvolfi shore Upon Default. In the event of any Event of Default Lender may. without notice except as required by
<br />law, declare all Indebtesreess secured hereby to be due and payable and the same shall thereupon become due and payable
<br />without any present rer:t* demand, protest or notice of any kind. Thereafter Lender —may.
<br />(a) Demand that Trustee exercise the POWER OF SALE granted herein.'and Trustee shall thereafter cause Trusters
<br />Interest lathe Property to be sold and the proceeds to be distributed, all in the manner provided in the Nebraska Trust Deeds
<br />Act;
<br />(b) Exercise any and all rights provided for in any of the Loan Instrumer lm or by law upon occurrence of any Event of
<br />Default and
<br />(c) Commence an action to foreclose th Is Deed of Trust as a Tortgage. appont a receiver. or specifically enforce any of the
<br />covenants hereof.
<br />No remedy herein conferred upon or reserved to Trustee or Lender �s intended to be exclusive of any other remedy hemin, in the
<br />Loan InstrumerMs or by law provided or permitted, but each shall be cumulative, shall be in addition to every other remedy given
<br />hereunder, in the Loan instruments or now or hereafter existing at law or in equity orby statute, and may beexercised concurrently,
<br />Independently or successively.
<br />13. Trustee. The Trustee may resign at any time without cause, and Lender ;ray at any time and without cause appoint a
<br />successor or substitute Trustee. Trusteeshall notbe liable to any party, including without limitatiar►Lender. Borrower. Trustor orany
<br />purchaserolthe Property, for any loss or damage unless due to reoxtess or willful misconduct andshall notbe required to take any
<br />action in connection with the enforcement of this Deed of Trust aMess indemnified, in writing, for all costs, compensation or
<br />expenses which may be associated therewith. In addition, Trustee may become a purchader at any sale of the Property Qudieial or
<br />under the power of sale granted heroin); postpone the sale of all or any portion of the Property, as provided by law; or sell the
<br />Property as a whole, or in separate parcels or tots at Trustee's discretion.
<br />14. Few and Expenwf. in the event Trustee sells the Property by exercise of power of sale. Trustee shall be entitled to apply
<br />any sale proceeds first to payment of all costs and expense's of exercising power of sate. including all Truste6s fees, and Lender's
<br />and Trustees attorneys fees, actually Incurred to extent permitted by applicable law. In the event Borrower or Trustor exercises any
<br />right provided by law to cure an Event of Default Lender.shall be entitled to recrover from Trustor all costs and expenses actually
<br />Incurred as a result of Trustoes debut% including without limitation all Trustee's and attorney's fees, to the extent permitted by
<br />applicable law.
<br />15. Future Adraum Upon request of Borrower, tender may. at its option. make additional and future advances and re-
<br />advances to Borrower..Such advances and readvances, with interest thereon, shall be secured by thls.DW ofTrusL At no time shall
<br />Me principal amount of theindebtedness secured by this Deed of Trust not including sums advancedto irolecithsplcurity of this
<br />Deed of Trust exceed the original principal amount stated herein, ors whichever is greater.
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