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DEED OF TRUST
<br />Loan No: 3011183 200202530 (Continued) 2002031.4440 Page 4
<br />Payme:it Default. Trustor fails to make any payment when due under the Indebtedness.
<br />Break Other Promises. T ;usior breaks ary promise made iu Lender or fails to perform promptly at the time and strictly in the manner
<br />provided in this Deed of Trust or in any agreement related to this Deed of Trust.
<br />Compliance Default. Failure to comply with any other term, obligation, covenant or condition contained In this Deed of Trust, the Note
<br />or in any of the Related Documents. If such a failure is curable and if Trustor has not been given a notice of a breach of the same
<br />provision of this Deed of Trust within the preceding twelve (12) months, it may be cured (and no Event of Default will have occurred)
<br />if Trustor, after Lender sends written notice demanding cure of such failt—e: la) cures the failure within fifteen (15) days; or (b) if the
<br />cure requires more than fifteen (15) days, immediately initiates steps sufficient to cure the failure and thereafter continues and
<br />completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.
<br />Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment for taxes or
<br />insurance, or any other payment necessary to prevent filing of or to effect discharg5 of any lien.
<br />Falso Statements. Any representation or statement made or furnished to Lender by Trustor or on Trustor's behalf under this Deed of
<br />Trust or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished.
<br />Drfectivc Dood o` Trutt or any of the Rk it-i Documents ceae:+,q to be in full force rind effect (Including failure
<br />of anv OIIGir of UVCWnent IC ,:react e valid and porfei,ted Sc GU,ily rue os: ur heii) at L-y time anu w, any mdson.
<br />Death or Insolvency. The Beath of Trustor, tho insolvency of Trustor, the appointment of a receiver for any part of Trustor's property,
<br />any assignment for the benefit of creditors, any type of creditor wor'.out, or the commencement of any proceeding under any
<br />bankruptev o' ns °:enC) laws by or against Trustor. However, the death cr any Trustor will not be an Event of Default if as a result
<br />of the death of Trustor the Indebtedness is fully covered by credit life insurance.
<br />Taking of the Property. Any creditor or governmental agency tries to take any of the Property or any other of Trustor's property in
<br />which Lender has a lien. This includes taking of, garnishing of or levying on Trustor's accounts with Lender. However, if Trustor
<br />disputes in good faith whether the claim on which the taking of the Property is based is valid or reasonable, and if Trustor gives
<br />Lender written notice of the claim and furnishes Lender with monies or a surety bond satisfactory to Lender to satisfy the claim, then
<br />this default provision will not apply.
<br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that is not
<br />resiedied within any grace period provided therein, including without limitation any agreement concerning any indebtedness or other
<br />obligation of Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation
<br />pa ty of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness.
<br />Insecurity. Lender in good faith believes itself insecure.
<br />Existing Indebtedness. The payment of any installment of principal or any interest on the Existirig Indebtedness is not made within the
<br />time required by the promiscory, note evidencing such indebtedness, or a default occurs under the instrument securing such
<br />indebtedness ar-J is not cured during any applicable grace period in such instrument, or any suit or other action is commenced to
<br />foreclose any existing lien on the Property.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter, Trustee or Lender
<br />rr.ay exercise any ona or more of the following rights and remedies:
<br />Iii.
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Note secured hereby,
<br />Lender may declare all Indebtedness secured by this Deed if Trust to be due and payable and the same shall thereupon become
<br />due and payable without any presentment, demand, protest or notice of any kind. Thereafter, Lender may,
<br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and
<br />without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, in its
<br />own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value,
<br />marketability or rentability of the Property, or psrt of the Property or interest in the Property; increase the income from the
<br />Property or protect the recur' of the Property; -and, with or without taking possession of the Property, sue for or otherwise
<br />collect the rents, issues and p,ufits of the Property, including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection attorneys' fees, to any indebtedness secured h/ this Deed of Trust, all in such order as
<br />Lender may determine. The entering upon and taking possession of the Property, the collection of such rents, issues and
<br />profits, and the application thereof shall not cure or waive any default or notice of default under this Deed of Trust or
<br />invalidate any act :tuna in response to such default or pursuant to such notice of default; and, notwithstanding the
<br />continuance in possession of the Property or the collection, receipt and application :,f rents, issues or profits, Trustee or
<br />Lender shall be entitled to exercise every right provided for In the Note or the Related Documents or by law upon the
<br />orcurronce of any ovent of default, including the right to exercise the power of sale;
<br />ib) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically enforce any of the
<br />covenants hereof; and
<br />(c) Deliver to Trustee a written declaration of default and demand for sale and a written notice of default and election to
<br />cause Trustor's interest in the Property to be sold, which notice Trustee shall cause to be duly filed for record in the
<br />appropriate offices of the County in which the Property is located; and
<br />(d) With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies of a secured party
<br />under the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein contained, Lender shall notify
<br />Trustee and shall deposit with Trustee this Deed of Trust and the Note and such receipts and ev'.dence o` expenditures made and
<br />secured by this Deed of Trust as Trustee may require.
<br />(a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and delivered to Trustor such
<br />Notice of Default and Notice of Salo as then required by law and by this Deed of Trust. Trustee shall, without de.nand on
<br />Trustor, altar such time ae may then be required by law and after recordation of such Notice of Default and after Notice of
<br />Sale having been given as required by low, sell the Property at the time and place of sale fixed by it In such Notice of Sale,
<br />either as a whole, or in separate lots or parcels of, items as Trustee shall deem expedient, and in such order as it may
<br />determine, at public auction to the highest bidder for cast, in lawful money of the United States payable at the time of sale.
<br />Trusteo shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds convoying the property so
<br />sold, but without any covenant Of warranty, express or implied. The recitals in such deed of any matters or facts shall be
<br />conclus vo proof of the truthfulness thereof. Any person, including without limitation Trustor, Trustee, or Lander, may
<br />purchase at such sale.
<br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this Trust, including costs of
<br />evidonca of title in connection ,vi a sale, Trustee shall apply the proceeds of sale to payment of (1) all sums expendsd under
<br />the terms of this Dead of Trust or under the teens of the Note not then repaid, including but net limited to accruee interest
<br />and Iato charges, (if) all other sums then secured hereby, and (iii) the remainder, If any, to the person or nersons legally
<br />untitled thoroto.
<br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. 1 rustee and Lender, and each of them, shall be entitled to enforce payment and performance of any
<br />indowedness or obligations s,,curad by this Deed of Trust and to exercise all rights and powers under this Dead of Trust, under the
<br />NOM', under any of the Helated Documents, or undor any other agreement or any laws now or hereafter in force; notwithrtarwrng,
<br />SOrnc or all of such indebtedness and obligations secured by this Dead of Trust may now or hereafter be otherwise secured, whether
<br />by mortgaga, decd of trust, pledge, lien, assignment or otherwise. Neither tho acceptance of this Deed of Trust nor its enforcement,
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