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200206320 <br />DEED OF TRUST <br />Loan No: 773570 (Continued) Page 6 <br />Property or protect the security of the Property; and, with or without taking possession of the Purports, are for or otherwise <br />collect the rents, issues and profits of the Property, including those past due and unpaid, and apply the same, less costs and <br />expenses of n,c rmcra and nollection attorneys' fees, to any Indebtedness secured by this Deed of Trust, all in such order as <br />Lendur Foray detonnine. The entering upon and taking possession of the Property, the collection of rush rents, issues and <br />profits, and the application thereof shall not cure o waive any default or notice of default under this Dead of Trust or <br />validate 'an, act data in reasons. to sash defavbt or pursuant to such notice of default; and, notwithstanding the <br />continuance in possession of the Property or the collection receipt and application of 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 />occurrence of any event of default, including the right to exercise the power of sale; <br />is Commence a action to furauluse this David 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 />e Truster'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 secumd party <br />under the Nebraska Uniform Commercial Code. <br />Foreclosure by Power of Sale. If Lender elects to forceless by exercise of the Power of Sale herein contained, Lender shall notify <br />Trustee and shall deposit with Trustee Otis Decd of Trust and the Note and such receipts and evidence of expenditures made and <br />—scroll by this Deed of Trust as Treateu may require. <br />(a) Upon receipt of such notice from Lender, Trustee shall c e to he recorded, published and delivered to Truster such <br />Notice of Default and Notice of Sale as then required by law and by this Deed of Trust. Trustee shall, without demand on <br />Truster, after such time as 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 law, 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 or items as Trustee shall dame expedient, and in curb order as it may <br />determine, at public auction to the highest bidder for cash in lawful money of the United Stales payable at the time of sale. <br />Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so <br />.sold, but without any revanart or a r <br />arty, express r implied The recitals in such deed of any matters or facts shall he <br />conclusive proof of the truthfulness thereof Any person, including without limitation Truster, Trustee, or Lender, may <br />purchase at such sale, <br />(b) As may be permitted by law, arts, deducting all costs, taus and expenses of Trustee and of this Trust, including costs of <br />evidence of title in oonnocten with sale, Trustee shall apply the proceeds of sale to payment of (1) all sums expanding! Finder <br />the terms of this Deed of Trust or under the terms of the Nate not then repaid, including but not limited to accrued interest <br />and late charges, Ji) all other sums then secured hereby, and (tip the remainder, if arty, to the person or persons . legally <br />entitled thereto. <br />(c) Trustee may In the manner provided by law postpone sale of all or any portion of the Property. <br />Remedies Not Exclusive. Trustee and Leader, and each of them, shall be crclud to enforce payment and performance of any <br />indebtedness or obligations secured by this Dand of Trust and to exercise all rights and powers under this Deed of Trust, under the <br />Note, under any of the Related Documents, or under any other agreement or any laws now or hereafter in force; notwithstanding, <br />all of each indebtedness and obligations secured by this Deed of Trust may now er hornaftor be, otherwise secured, whether <br />by mortgage, deed of trust, pledge, lien, assignment or ofharwiso. Neither the acceptance of this Dead of Trust nor Its enforcement, <br />whether by court action or pursuant to din power of sale or other powers contained in this Deed of Trust, shall prejudice or in any <br />manner affect Trustee's or Lender's Fight to realize upon or enforce any other security now or hereafter held by Trustee or Lender, it <br />being agreed that Trustee and Lunder, and each of them, shall be entitled to enforce this Deed of Trust and any other security now or <br />hereafter held by Lender or Trustee in such order and manner as they or either of them may in their absolute discretion determine. No <br />remedy conferred upon or reserved to Trustee or Lender, is intended to he exclusive of any other ry nerdy In this Deed of Trust or by <br />law provided or permitted, but cash shall be cumulative and $hull be In addition to every other remedy given In this Deed of Trust or <br />now <br />or he .attar a fisting at Lew or equity or by statute Every pow remedy gia=n by the Note any of the Related Documents <br />to Trustee or Lander or to which either of them may be otherwise entitled, may be exercised, concurrently or Indapandmaly, from time <br />to time and a s often a may be deemed expedient by Trustee or Lender, and ahher of them may pursue in sistant r nice ies. <br />Nothing In this Deed of Trust shall be construed as prohibiting Lender Rana seeking a deficiency judgment against the Truster to the <br />extent such action is permitted by law. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and <br />an election to make expenditures or to take action to perform an obligation of Truster under this Deed of Trost, after Truster's failure <br />to perform, shall not affect Lender right to declare a default and exercise its estuaries. <br />Request foe Notice. Truster, on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default and a copy of any <br />Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth In the first paragraph of this Dead of Trust. <br />Attorneys' Fees: Expenses. If Lender Institutes any suit or action to enforce any of the terms of this Deed of Trust, Lander shall be <br />entitled to recover such sum as the Count may adjudge reasonable as agomoys' fees at trial and upon any appeal. Whether or not any <br />art action is involved, and to the extent not prohibited by law, all re s nable expenses Lender incurs that in Lender's opinion are <br />c <br />ery at any time far the protection of its interest or the enforcement of Its rights shall resume s part of the Indebtedness payable <br />on demand and shall bear interest at the Note rate from the date of the expansion- until repaid. Expenses covered by tine paragraph <br />include, without limitation, however subject to any limits under applicable law, Lender's attorneys fees and Lender's legal expenses, <br />whether o not ,hers Is a lawsuit, including attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or <br />care any records stay o ounctioN, appeals, and any anticipated post- judgment collection services, the cost of s archimil <br />re etv. in <br />ores, obtaining title reporter tinb applicable foreclosure reports), surveyors' l To reports, and appraisal coos, title insurance, and fees for rho <br />Trustee, to the extent permitted by applicable law. Tnnetnr also will pay any court costs, in addition to all other su s provided by <br />law. <br />