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200213698
<br />(a) Failure to pay any installment of principal or interest or any other sum secured hereby
<br />when due,
<br />(b) A breach of, or default under, any provision contained in the Note, this Deed of Trust,
<br />any of the Loan InsWments, or any other lien or encumbrance upon the Property,
<br />(c) A writ of execution or attachment, or any similar process, shall be entered against
<br />Truster which shall become a lien on the Property or any portion or interest therein;
<br />(d) There shall be filed by or against Truster or Borrower an action under any present or
<br />future federal, slate or other statute, law or regulation relating to bankruptcy, insolvency or other
<br />relief for debtors, or there shall be appointed any trustee, receiver or liquidator of I roster or
<br />Borrower or of all or any part of the Property, rents, issues or profits thereof, or Trustor or
<br />Borrower shall make any general assignment for the benefit of creditors,
<br />(e) The sale, transfer, assignment, conveyance us further arwmbiance of all us any part
<br />of or any interest in the Property, either voluntarily or involuntarily, without the express written
<br />consent of Lender or as othu,ise herein pi n trc?i or
<br />(t) Abandonment of the Property_
<br />L' Remedies Acceleration Upon Default In the event of and Event of Dcfault, tender may without
<br />notice except as required by law, declare all indebtedness secured hereby to be due and payable, and the same shall
<br />thereupon become due and payable without any presentment, demand, protest or notice of any kind. Thereafter,
<br />Lender may.
<br />(a) Demand that Trustee exercise the POWER OF SALE granted herein, and Trustee
<br />shall thereafter cause Trustor's interest in the Property to be sold and the proceeds to be
<br />distributed, all in the mums provided in the Nebi aska'1 iusi Deeds Act,
<br />(b) Fxe, rise ray and all rights provides far in the Note, this D. ud of Trust or by law, upon
<br />occurrence of any Event of Default, and
<br />(c) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver
<br />or specifically enforce any of the covenants hereof
<br />No remedy herein conferred upon or reserved to, Trustee or Lender is intended to be exclusive of any other remedy
<br />herein, in the Note or by law provided or permitted, but each shall be cumulative, shall be in addition to every other
<br />remedy given hereunder, in the Note or now or hereafter existing at law or in equity or by statute.. and may be
<br />exercised concurrently, independently or successively.
<br />13. Truste _ The Trustee may resign at any time without cause, and Lender may at any time and without
<br />cause appoint a successor or substitute Trustee- Trustee shall not he liable to any party, including, without limitation,
<br />Lender, Borrower, Truster or any purchaser of the Property, for any loss or damage unless due to reckless or willful
<br />misconduct, and shall not be required to take any action in connection with the enforcement of this Deed of Trust
<br />unless indenvafied, in writing for all costs, compensation or expenses which may be associated therewith. In
<br />addition, Trustee may become a purchaser at any sale of the Property (judicial or under the power of sale granted
<br />herein); postpone the safe of all or any portion of tire Property, as provided by law, or sell the Property as a whole, or
<br />in separate parcels or lots at Trustee's discretion.
<br />14. Pees and Expenses. In the event Trustee sells the Property by exercise of power of sale, Trustee shall
<br />be entitled to apply any sale proceeds first to payment of all costs and expenses of exercising power of sale, including
<br />all Trustees fees, and Lender's and Trustee's attorney's fees actually incurred to the extent permitted by applicable
<br />law. In the event Borrower or Trustor exercises any right provided by law to cure an Event of Default, Lender shall
<br />be entitled to recover from Truster all costs and expenses actually incurred as a result of 1 i'usrors default, including,
<br />without limitation, all Trustee's and attorney's fees, to the extent permitted by applicable law.
<br />15. Future Advances. Upon request of Borrower, Lender may, at its option, make additional and future
<br />advances and readvances to Borrower. Such advances and readvances, with interest thereon. shall be secured by this
<br />Deed off rust. At no time shall the principal amount of the indebtedness secured by this Deed of Trust, not including,
<br />sums advanced to protect the security of this Deed of Trust, exceed the original principal amount stated herein, or
<br />$0.00, whichever is greater.
<br />lfi_ Miscellaueous Provisions
<br />(a) Boer. Not Rcicased ICxtension of the time for payment or modification of amortization of
<br />the sums secured by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate
<br />to release, in any manner, the liability of the original, Borrower and Borrower's suer =_ssors in interest Lender shall
<br />not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise
<br />modify amortization of the sums secured by this Deed of Trust by reason of am demands made by the original
<br />Borrower and Borrower's successors in interest.
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