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<br />Lender's interest in the Property, Lender may in its own discretion, but without obligation to do so, and without
<br />notice to or demand upon Borrower and without releasing Borrower from any obligation, do any act which the
<br />Borrower has agreed but fails to do and may also do any other act it deems necessary to protect the security hereof.
<br />Borrower shall, immediately upon demand therefor by Lender, pay to Lender all costs and expenses incurred and
<br />sums expended by Lender in connection with the exercise by Lender of the foregoing rights, together with interest
<br />thereon at the rate provided in the Note, which shall be added to the indebtedness secured hereby. Lender shall not
<br />incur any personal liability because of anything it may do or omit to do hereunder.
<br />8. Events of Default. The following shall constitute an event of default under this Deed of Trust:
<br />(a) Failure to pay any installment of principal or interest or any other sum secured hereby
<br />when due, or failure to pay when due any other indebtedness of Borrower to Lender;
<br />(b) A breach of or default under any provision contained in the Note, this Deed of Trust, any
<br />document which secures the Note, and any other encumbrance upon the Property;
<br />(c) A writ of execution or attachment or any similar process shall be entered against
<br />Borrower which shall become a lien on the Property or any portion thereof or interest therein;
<br />(d) There shall be filed by or against Borrower an action under any present or future federal,
<br />state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors;
<br />or there shall be appointed any trustee, receiver or liquidator of Borrower or of any part of the
<br />Property, or the rents, issues or profits thereof, or Borrower shall make any general assignment for
<br />the benefit of creditors;
<br />(e) The sale, transfer, assignment, conveyance or further encumbrance of all or any part of
<br />or any interest in the Property, either voluntarily or involuntarily, without the express written consent
<br />of Lender.
<br />(f) If Borrower is not an individual, the sale, transfer, assignment, conveyance or
<br />encumbrance of more than e/ /A per cent of (if a corporation) its issued and outstanding stock of
<br />(if a partnership) _rig_ per cent of partnership interests.
<br />9. Remedies; Acceleration Upon Default. In the event of any Event of Default Lender may declare all
<br />indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without
<br />any presentment, demand, protect or notice of any kind. Thereafter Lender may:
<br />(a) Demand that Trustee exercise the POWER OF SALE granted herein, and Trustee shall
<br />thereafter cause Borrowers interest in the Property to be sold and the proceeds to be distributed, all
<br />in the manner provided in the Nebraska Trust Deeds Act;
<br />(b) Either in person or by agent, with or without bringing any action or proceeding, or by a
<br />receiver appointed by a court and without regard to the adequacy of its security, enter upon and take
<br />possession of the Property, or any part thereof, in its own name or in the name of Trustee, and do any
<br />acts which it deems necessary or desirable to preserve the value, marketability or rentability of the
<br />Property, or part thereof or interest therein, increase the income therefrom or protect the security
<br />hereof and, with or without taking possession of the Property, sue for or otherwise collect the rents,
<br />issues and profits thereof, including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection including attorneys fees, upon any indebtedness secured hereby,
<br />all in such order as Lender may deternme. The entering upon and taking possession of the Property,
<br />the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure
<br />or waive any default or notice of default hereunder or invalidate any act done in response to such
<br />default or pursuant to such notice or default and, notwithstanding the continuance in possession of
<br />the Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender
<br />shall be entitled to exercise every right provided for in any of the Loan Instruments or by law upon
<br />occurrence of any event of default, including the right to exercise the power of sale; and
<br />(c) Commence an action to foreclose this Deed of Trust 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 Lender is intended to be exclusive of any other
<br />remedy herein or by law provided or permitted, but each shall be cumulative, shall be in addition to every other
<br />remedy given hereunder or now or hereafter existing at law or in equity or by statute, and may be exercised
<br />concurrently, independently or successively.
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