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DEED OF TRUST -� :.
<br />Loan No: 51125133 (Continued) + r" i Page 5
<br />Foreclosure by Power of Sale. If Lander elects to foreclose by exercise of the Power of Sale herein conained', Lender shall notify
<br />Trustee and shall deposit with Trustee this Deed of Trust and the Note and, such receipts and evidence, of 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 10 be recorded, published and delivered to Trustor such Notice
<br />of Default and Notxre of Sale as then required by law and by this Deed of Trust. Trustee shall, without demand on Trustor, after
<br />such time as may then be required by law and after recordation of such Notice of Default and after Notice of Sale having been
<br />gtden as required by law, sell the Property at the time and place of sale fixed by it in such Notice of Sale, either as a whole, or in
<br />separate lots or parcels or items as Trustee shall deem expedient, and in such order as it may determine, at public auction to the
<br />highest bidder for cash in lawful money of the United States payable at the time of sale.. Trustee shall deliver to such purchaser or
<br />purchasers thereof its goad and sufficient deed or deeds conveying the property so sold, but without any covenant or warranty,
<br />express or implied.. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br />person, including without limitation Trustor, Trustee, or Lender, may 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 />evidence of fide in connection With sale, Trustee shall apply the proceeds of sale to payment of (I) all sums expended under the
<br />terms of this Deed of Trust or under the terms of the Note not then repaid, including but not limited to accrued interest and late
<br />charges, (it) all other sums then secured hereby, and (iii) the remainder, If any, to the person or persons legally entitled thereto.
<br />(c) Trustee may to the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee and Lander, 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 Note,
<br />under any of the Related Documents, or under any other agreement or any laws now or hereafter in force; notwithstanding, some or all of
<br />such indebtedness and obligations secured by this Deed of Trust may now or hereafter be otherwise secured, whether by mortgage, deed of
<br />trust, pledge, lien, assignment or otherwise. Neither the acceptance of this Deed of Trust not Its enforcement, whether: by court action or
<br />pursuant to the power of sale or other powers contained in this Deed of Trust, shall prejudice or in any manner affect Trustee's or Lender's
<br />right to realize upon or enforce any other security now or hereafter held by Trustee or Lender, it being agreed that Trustee and Lender, and
<br />each of them, shall be entitled to enforce this Deed of Trust and any other security now or hereafter held by Lender or Trustee in such order
<br />and manner as they or either of them may in their absolute discretion determine.. No remedy conferred upon or reserved. to Trustee or
<br />Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by law provided or permitted, but each shall be cumulative
<br />and shall be in addition to every other remedy given in this Deed of Trust or now or hereafter existing at taw or in equity or by statute. Every
<br />power or remedy given by the Note or any of the Related Documents to Trustee or Lender: or to whicfi' either of them may be otherwise
<br />entitled, may be exercised, . concurrently or independently, from time to time and as often as may be deemed expedient by Trustee, or Lender,
<br />and either of them may pursue inconsistent remedies. Nothing in this Deed of Trust . shall be construed as prohibiting Lender from seeking a
<br />deficiency judgment against the Trustor to the extent such action is permitted by law. Election by Lender to pursue . any remedy, chaff not
<br />exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Trustor under this
<br />- Deed of Trust, after Trustoes failure to perform, shall not affect Lender's right to declare a default and exercise its remedies.
<br />Request for Notice. Trustor, on behalf of Trustor and Lender, hereby: requests that copy of any Notice of Default and a copy of any Notice
<br />of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first paragraph of this Deed of Trust.
<br />Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Dead of Trust, Lender shall be entitled
<br />to recover such sum as the court may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or not any court action is
<br />involved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that in Lender's opinion are necessary at any time
<br />for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable on demand and shall beer
<br />interest at the Note rate from the date of the expenditure unfit repaid_ Expenses covered by this paragraph include, without limitation, _....
<br />however subject to any limits under applicable law, Lender's attorneys' fees and Lendar's legal expenses, whether or not there is a lawsuit,
<br />including attorneys' fees and expenses for bankruptcyproceedirgs (including efforts to modify or vacate any automatic stay or Injunction),
<br />appeals, and any anticipated post— judgment collection services, the cost of searching records, obtaining fitie reports (including foreclosure
<br />.,'reports), surveyors' reports, and appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by applicable law. Trustor
<br />also will pay any court costs, in addition to all other sums provided by taw.
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are part of this Deed of
<br />Trust:
<br />Powers of Trustee. in addition to all powers of Trustee arising asamatter of law, Trustee shall have the power to take the following actions
<br />with respect to the Property upon the written request of Lender and Trustor. (a) join in preparing and filing a map pr plat of the Real
<br />................Property, including the dedication of streets or other rights to the public; (b) join in granting any easement or creating any restriction on the
<br />Real Property; and (c) join in any subordination or other agreement affecting this Deed of Trust or the Interest of Lender under this Deed of
<br />Trust.
<br />Trustee. Trustee "shall meet all qualifications required for Trustee under applicable law. In addition to the rights and remedies set forth
<br />"above, with respect to all or any part of the Property, the Trustee shall have the right to foreclose by notice and sale',. and Lander shall have
<br />the right to foreclose by judicial foreclosure, in either case in accordance with and to the full extent provided by applicable law.
<br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a successor Trustee toany Trustee appointed under this
<br />Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the office of the recorder of HALL County, State of
<br />Nebraska. The instrument shall contain, in addition to all other matters required by state law, the names of the original Lender, Trustee, and
<br />Trustor, the book and page (or computer system reference) where this Deed of Trust is recorded, and the name and address of the
<br />successor trustee, and the instrument shall be executed and acknowledged by all the beneficiaries :under this Deed of Trustor their
<br />.successors in interest. The successor trustee, without conveyance of the Property, shall succeed to all the title, power, and duties conferred
<br />upon the Trustee in this Deed of Trust and by applicable law. This procedure for substitution of Trustee shall govern to the exclusion of all
<br />other provisions for substitution.
<br />NOTICES. Any notice required to be given under this Deed of, Trust, including without limitation any notice of default and any notice of sate shall
<br />be given inwrifing, and shall be effective when actually delivered, when actually received , by telgfacsimile (unless _otherwise required by law),
<br />when deposited with a nationally recognized overnight . courier, or, If mailed, when deposited in the United States mail, as first class, certified or
<br />.registered mall postage prepaid, directed to the addresses shown near the beginning of this Deed of Trust.. AN copies of notices of foreclosure
<br />from the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of this Deed
<br />of Trust. Any party may change its address for notices under this Deed of Trust by giving formal written notice to the other parties, specifying that
<br />the purpose of the notice is to change the party's address. For notice purposes, Trustor agrees to keep Lender informed at all times of Trustor's
<br />current address. Unless otherwise provided or required by law, if there is more than one Trustor, any notice given by Lender to any Trustor is
<br />deemed to be notice given to all Trustors.
<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust:
<br />Amendments. This Dead of Trust, together with any Related Documents, constitutes the entire understanding and agreement of the parties
<br />as to the matters set forth in this Deed of Trust. No alteration of or amendment to this Deed of Trust shall be effective unless . given in writing
<br />and signed by the party or parties sought to be charged or bound by the alteration or amendment.
<br />Annual Reports. If the Property is used for purposes other thanTrustor's residence, Trustor shall furnish to Lender, upon request, a certified
<br />statement of net operating income received from the Property during Trustoes previous fiscal year in such form and detail as Lender shall
<br />require. "Net operating income" shalt mean all cash receipts from the Propertyless all cash' expenditures made'in' connection with the
<br />operation of the Property.
<br />Caption Headings. Caption headings in this Dead of Trust are for convenience purposes only and are not to be used to interpret or define
<br />the provisions of this Deed of Trust.
<br />Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at
<br />any fime held by or for the benefit of Lender in any capacity, without the written consent of Lender.
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