DEED OF TRUST
<br />Loan No: 774252 200206435 )Continued) - pages
<br />indebtedness and 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 />Right to Cure. If such a failure Is surable and It Borrower or Trustor has not been given a notice of a breach of the same provision of
<br />this Deed of Trust within the preceding twelve 1121 months, it may be cured land no Event of Default will have occurred) it Borrower
<br />or Trustor, after Lender sends written notice demanding care of such fa'JUre_ (a) cures the failure within fifteen (15) days; or LI if
<br />the r. ure requires loss more than fifteen 1151 days. Immediately initiates steps seas o too c the failure and thereafter continues and
<br />completes all reasonahly and necessay steps sufficient to produce compliance as soon as reasonably practical.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Fvent of Csfault occurs under this Dead of Trust, at any time thereafter, Trustee or Lender
<br />may axerarea any one or more of the following rights and rcmedlos:
<br />Acceleration Upon Default; Additional pemetlles. 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 of 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- Tharnafter, Lender may:
<br />(al 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, o r any part thereat In Its
<br />own horns or
<br />in thou of Trusrea, and do any acts which It deems necessary or desirable to preserve the value,
<br />Property o ct tae se of the Property, rt part of the Property t along pas the on of the Pr increase the income from the
<br />Property or prefect the security of the Property: and, witin n without asking possession of the Property, sue for otherwise
<br />collect the note issues and profits of the Property,
<br />ees, t any i those past due and unpaid, and d of the teary, less costs and
<br />expenses y operation and a entering attorneys fees, to any indebtedness secured by this Deed of Trust, all in such order as
<br />Lender may the determine . The entering upon and taking possession of the Property, the collection of such rents, issues and
<br />profits, and the application Thereof
<br />espon shall out cure a w any default o notice of default under r e Deed of Trust or
<br />nvalinuan any act done In response er such tlefault or pursuant to such nation of rents, ued, r protihslarust the
<br />ender s ce in possession t of the Property or the collection, receipt and application of rents, u r profits, Trustee o
<br />c sues r
<br />Lender shall be entitled to e default, every right fight to for in e the Note or the Related Documents or by law upon the
<br />occurrence of any event of tlelaull including the right to exercise the power of sale;
<br />to Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically enforce any of the
<br />covenants harbor, and
<br />(c) Deliver to trustee a written declaration of default and demand for sale and a written nndne of default and election retire Trustor's interest in the Property to be sold, which notice Trustee Shull cause to be duly filed for record In the
<br />appropriate offcee of the County In which the Property is located and
<br />Idi With respect to all or any part of the Personal Property, I ender shall have all the rights and remedies of a secured party
<br />under the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of Sale. It Lender elects to foreclose by exercise of the Power of Sale herein contained Lender shall nutify
<br />Trustee and shall Jeposit with Trustee this Decd of Trust and the Note and such receipts and evidence of expenditures made and
<br />secured by this Deed of Irust as Trustee may require.
<br />(a) Upon re eipt of such notice from Lender, Trustee shall cause to be recorded published and delivered to Truster such
<br />Notice of Default and Notice of Sale as than required by law and by this Deed of Trust. Trustee shall, without demand on
<br />Trustor, after such time a s 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 n separate lots or parcels or items as Trustee shall deem expedient, and In such order as It may
<br />determine, at public auction to the highest bidder for cash In lawful money of the United States payable at the time of sale.
<br />Trustee shall deliver to such purchaser or purchasers thereof its good and suffic.irm deed or deeds conveying the property so
<br />sold, but without any covenant or warranty, express or implied. The recitals In such deed of any matters or facts shall he
<br />conclusion proof of the truthfulness thereof. Any person, including without traducer) Trustor, Truffles, or Lender, may
<br />parohass at such sale.
<br />to As may be conflicted by law, after deducting all costs, fees and expenses of Trustee and of this Trust, including costs of
<br />evidence of title in connector with sale, Trustee shall apply the proceeds of sale to payment of 111 all sums expended under
<br />the terms of this Deed of Trust or under the terms of the Note not then repaid, Including but not limited to accrued interest
<br />and late charges, hif all other sums then secured hereby, and (iii) the remainder, if any, to the person or persons legally
<br />entitled francs,.
<br />(n) Trustee may In the manner provided by law postpone sale of all or any Von.ar, of the Property. -
<br />Ramedies Net Exclusive. Trustee and Lender, and each of them, shall be entitled to enforce payment and performance of any
<br />indebtedness or obligations secured by this Deed of Trust and to exercise all rights and powers under this Deed of Trust, under the
<br />Noce, under any of the Related Documents, or under any other agreement or any laws now r hereafter in force; notwithstanding,
<br />some or all of such Indebtedness and obligations secured by this Deed of Trust may now or hereafter be otherwise secured, whether
<br />by mortgage, deed of trust, pledge, lien, assignment n otherwise. Neither the acceptance of this Deed of Trust nor its enforcement,
<br />whether by court action or account to the power of sale or other powers contained in this Deed of Trust, shall preludice or any
<br />manner affect Trustee's or Lender's right to realize upon or enforce any other security now or huraafter held by Trustee or Lender, it
<br />being agreed that Trustee and Lender, 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 uch order and m as they or either of them may in their absolute discretion determine. No
<br />ready conferred upon or reserved to Trustee or Lender, is intended to be exclusive of any other remedy in this Dead of Trost or by
<br />law provided or permitted, but each shall be cumulative and shall be m addition to every other remedy gluon in this Deed of Trust or
<br />now or hereafter existing at law or In equity or by statute. Every power or remedy given by the Note or any of the Related Documents
<br />to Trustee or Lender or to which either of them may he otherwise entitled, may be exercised, concurrently or independently, from time
<br />to time and as often as may be demmnd expedient by Trustee or Lender, and either of them may pursue Inconsistent remedies.
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