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DEED OF TRUST 200206880
<br />Loan No: 34454 (Continued) Page 4
<br />the cure requires more loan thirty (30) days, Immedlably Initiates steps sufficient to cure the triune and thereafter cennnues and completes
<br />all reasonable and necessary slaps sufficient to produce compliance as soon as reasonably practical.
<br />Default on Other Payments. Failure of Trualnr within the time required by this Dead of Trust to make any payment for taxes or Insurance, or
<br />any Omer payment mnossas, to prevent hung of or to effect discharge of any Vert
<br />Default In Favor of Third Parties. Should Borrower er any Trustor default under any loan enbasien of credit. Security agreement, purchase
<br />or es agreement, or any dead agreement. In favor Of any other creditor or person that may r etedelly affect any of Trusters property or
<br />Borrowers or any Trusters ablfity M repay the Indebtedness or perform their rnpntvd obligations under this Deed of Trust or any of the
<br />Related Document.
<br />False Statements. Any representation or statement made or furnished to Lender by Borrower or Trader or on Borrower's or Thursday behalf
<br />under this Deed of Tusl or the Related Document Is false or misleading in any material respect, either now or at the time made or fumthe0-
<br />Detective Collaterallzation. The Dead of Trust or any of the Poland! Document ceases to be In full toms and effect (Indutling failure of any
<br />collateral document to create a vale and happened security Interest or Vent) at any time and for any reason.
<br />Death or Insolvency. The death of Borrower or Truster, the Insolvency of Bormi or Thai the appointment of a receiver for any pan of
<br />Borrower's or Tmstor'0 property, any assignment for the benefit of CredMrs, any type of creditor workout or the commencement of any
<br />prospering urMer any bankruptcy or insolvency laws by or against Borrower or Trustor.
<br />Taking of the Property. Any creditor or governmental agency tries to lake any of the Property or any other of Anwar s or Tmstors
<br />proper in
<br />which Lender has a Ilan. This hoppers taking at, garnishing of or levy ig9 on Borrower's or Tmators accounts wlfh Lender.
<br />However, ro grower or Truster Lend disputed ri tend face whether um alelm on which me taking m the s or a ounces is base] Is satisfactory toy to Lender
<br />and I( Borrower or then t glues Lender whiten notice of the alaA11 and furnishes Lender wAh Rnnlas or a surely bontl rflYSlaclory to Lentler
<br />to satisfy the claim, Nan this default provision will not apply.
<br />Breach of Other Agreement. AM breach by Borrower or Trustor under the arms of any hear agreamenl between Borrower or Trvstor and
<br />Lender that is not rlmst within any grace period provided handle, including without limitation any agreement concerning any
<br />indebtedness or other obligation of Borrower or Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor, Any W the procotling event Occurs with respect to any guarantor, endorsee sunny, or accommscral pad
<br />of aM of Me Indebtedness or any guartai endorsed, surety. or accommodation party dies or becomes incompetent. or revokes or disputes
<br />the validity of or liability under, any Guaranty of the Indebtedness. In the oven[ of a death. Lender, at As option, may, but shell not be
<br />required to permit the guarantors estate to assume unconsciously Me Obligations prising under the guaranty In a manner satisfactory to
<br />Lender, and In doing se, cum any Event of Default
<br />Insecurity. Lender In good faith m ovals Itself insecure _
<br />Right r,0 Cure. If such a failure Is curable and if Borrower or Tried, has hot been given a notice of a breach of the same provision of this
<br />Dead of Trust windin me preceding twelve (12) munllts, It may be cured (and no Event of default will have occurred) II Borrower or Tracer,
<br />after lender sends written notice demanding cum of such failure. )a) cures the failure within m'ay (go) days; or (b) l Me cure records more
<br />Nan sums Pat days, Immediately Intliales steps sufficient to cum the failure and thereafter centimes and cOmpleler all reasonable and
<br />necessary slaps sufficient to produce compliance as soon as reasonably adert al.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter, Trustee or Lumber may
<br />wo,rdi e any one or more of the following rights and cerebral
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default Occurs as par the terms of the Note secured happy, Lender
<br />my declare all Indebtedness secured by thin Deed of Trust to be due and payable and No same shall thereupon become due and
<br />payable aided any presentment demand pmtnt or option of any kind Thereafter, Lender may:
<br />(a) EINet In Parson or by agent, with or without bringing any action or Concerning, or by a receiver appointed by a court and
<br />without regard to Me adermano of Its securlly, enter upon and take therr on of Me Proper, or any part thereof in its awn name
<br />or In the name of Trustee, antl do any ads which it deems unusually of dionable to preserve the value, marketability or rentability
<br />of the Proper, or part of ire Proper or Interest In The Property, Increase the Income from the Proper or posed he security of
<br />the Peopedy: and with or without taking Possession Of the Roberts, sun for or otherxlse collect the rants, Issues and profit of In,
<br />Proper, Including those past due and unpaitl, and apply Me same, less Costs and expanses of operation antl collection attorneys'
<br />fees, to any Indenedness secured by this Dead of Trust all in such order as Lender may determine. The, entering upon and taking
<br />possession of the Proper the collodion of such rents, Issues and coal and the application thereof shall not cure Or waive any
<br />default or node. of default under Mis Deed of Trust or imAlidat any act done In response to such default or pursuant to such
<br />Mice of default ; and notwithstanding the continuance In possession of the Properly or the collection, receipt and application of
<br />rent, Issues or proms, Trustee Or Lender shall be entitled to exercise every tight provided for In the Note or the Related
<br />Documents or [sew upon the occurrence of any event Of default including the rlgM1l to exercise the power of sale;
<br />(b) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or sperstriny enforce any of the
<br />coveralls refund, and
<br />ell Deliver to Trustee a wrim n declsmhnn of datum and demand for sale and a written notice of default and election to Cause
<br />Trusbrs Interest in the Property to be sold, which hohre Trusts" shall cause to be duly filed for record N the appropriate offices of
<br />me county in winch the Proper is located; and
<br />he with respect o all or any We of Ne Personal Proper, Lender shall have all the rights end ramemes of a secured pod undo
<br />the Nebraska Uniform Commercial Cade.
<br />Foreclosure by Power of Sale. It Lender upon; to foreclose by exercise Of rho Power of Bald herein contained Lender shall nomy
<br />Trustee and shall deposit with Trustee Ma Deed of Trust and the Motu and such receipt and evltlence of expenditures made and
<br />sddred by his Deed of Trust as Trustee may require.
<br />(a) Upon receipt of such notice from Lender Trustee seal cause to be handmaid, published and delivered to Truster such Notice
<br />of Diffil and Notice of Sale as Men raptured by law and by this Deed of Trust. Trustee shalt without demand on Trustor, after
<br />such hive as may Men be remand by law and after recoraatlon of such Nolte of Default antl after Notice 01 Sale havNg have
<br />given its mmured by law, sell the Proper at the fired and place of sale fixed by it In such Notice of sale, pater as a whole. or In
<br />separate lots or p rmsess or bums as Trustee shad deem expedient , and In such order as it may determine, at Public auction to Na
<br />highest bidder for cash in lawful money of ma United stales payable at time of sate, Tvsten shall deliver to such purchaser or
<br />purchas m thereof its good and sufficient bead or moods conveying Me proper so sold but wimow any covenant or warrant',
<br />um esseor impfned. The ecomis In such dead of any maOeR or tents shall be conclusive peal of the tMMUlnes t thereof. Any
<br />person, Including without Lutheran Trustor, Trustee, or Lender, may purchase at satin solo.
<br />(b) As may be pearthed by law, aher deducting all costs, fees and expenses of Trustee and of this Trust, including costs of
<br />evidence of title in connection with sale, Trustee shall apply Ne proceeds of sale to payment of (1) all sums expanded m,der the
<br />terms of ]his Deed of Trust or untler the loons Of the Note not then repaid, burned an not limited to Secured interest and late
<br />charges, m all other sums then secured hereby, and (II) the remainder, it any, to the person or persons legally entitletl thereto.
<br />lot Trustee may In the manner provided by law postpone sale of all or any pu loo DI the Proper.
<br />Romindides Not Exclusive. Tuxedo and Lentler, and each of them, shall be entitled to enforce payment and performance of any
<br />ind letter ses or obligations secured by this Deem of Trust and to exercise all right and powers under the Deed of Trust, under Me Note,
<br />under any of the Related Documents, or under any other agreement or any laws now or hereafter In force; noverhatanding, some " all of
<br />such Iadebad ess and Obligations secumm by If Deed of Trust may now Or hereatter be oNOOwlsa secured ; whether by mortgage, deed of
<br />trust, pledge, Tien assgnment or otherwise. Neither the acceptance of us Dead of Trust nor its enforcement whether by cord orlon or
<br />pursuant to the power of sale or other spade contained in this Deed of Trust, shall prejudice or In any manner effect Trustee a or Lemmnrs
<br />right to madxs upon or enforce any Other security now or hereafter held by Trustee or Lender it being agreed than Trustee and Lender . and
<br />each of them, shad he entined to enforce this Deed of Trust and pry omr vacancy now or hereafter had by Lender or Trustee In such order
<br />and annular as they or oftef of them may in their absolute discretion determine. No Onus conferred upon or raearvad to Trustee of
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