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DEED OF TRUST 200214510 Loan No: 1632058 (Continued) Page 4 assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under Any bankruptcy or Insolvency laws by or against Trustor. Creditor or Forfeiture Proceedings. Counnencernenl of foreclosure of forfeiture proceedings, whether by judicial proceeding, self —help, repossession or any other method, by any creditor of Truslor or by any governmental agency against any property serhang the Indebtedness. This includes a garnishment of any of Truslor'e accounts, including deposit a nc Lurts, with Lander. However, this Event of Default shall not apply If there is a good faith dlspule by Trustor as to the validity or reasonableness of the claim which is the basis of the creditor or federate proceeding and If Truslor gives Lender wanted denied of the creditor or torsions proceeding and deposits w,in Lender monies of a surety bond for the creditor or Isbell proceed 9, In an amount determined by Lentler, m Its sets dlscrelion, es being an adequate reserve or bond for the dispute. Breach of Other Agreement. Any breach by Truslor under the terms of any other agreement between Truster and Lander that is not remedied wflhin any grace period provided theratn, including without limitation any agreement concerning any indebtedness or other obligation of Truster to Lender, whether existing now or later. Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surely, or accommodation party of any of the Indebtedness or any guarantor, endorser, surely, or accommodation party dies or becomes Incompetent, or revokes or disputes the validity of, or Iiablity, under, any Guaranty of the Indebtedness. In the event of a death, Lender, at its option, may, but shall nor be required to, permit the guarantor's estate to assume unconditionally the obligations arising under the guaranty in a manner sabsfaclory to Lender, and, in doing so, cure any Event of Default. Adverse Change. A material adverse change occurs In Trusters financial condition, or Lender darkness the prospect of payment or performance of the Indebtedness Is impaired_ Insecurity. Lender in good faith believes Itself Insecure. Right to Cure. If such a failure is curable and If Truslor has not been given a notice of a breach of the scone provision of this Deed of Tmsl within the preceding twelve (12) months, It may be cured land no Event of Default will have occurred) If Truslor, star Lender sends written notice demanding cure of such failure: (a) cures the failure within fifteen ( 15) days; or (b) If the cure requires more than fifteen ( 15) days, Immediately Artiafe5 steps Sufficient to turn the failure and thereafter continue, and completes all reasonable and necessary steps suflicamid to produce compliance as soon as reasonably pmtllcal. RIGHTS AND REMEDIES ON DEFAULT. If an Event 0 Default occurs under this Deed el Trust, at any time thereafter, Trustee or Lender may exercise any one or more of the following rights and remedies: Acceleration Upon Default; Additional Remedies. It any Event of Default occurs as per the terms of the Note secured hereby, Lender may deolare ell Indebtedness senurod by this Deed of Tlliat to no due and payable antl bar Same shell lima )pen neeoms due and payable without any par enta 1. demand protest or notice of env kind. Thereafter. Lender may. (a) Either In person or by annul_ with is without banging any action or pincooding, or by s renaivar appointed by A court and without record In the adequacy of Its ,,carry, ends, upon and lake possessed of the Property, or any pad thereof. In its own name or In the name of Trustee, and do any acts winch Id damns r- sessary of desirable to anseve the value, marketahilly or rentudellly of the Property, or part of the Property or irnlefest In the Property Increase the Income nom the Property or protect the security of the Property and, with or without taking possession of the Property, sue for or otherwise collect the rents, issues and profits of the Property, including those past due and unpaid, and apply the same, less casts and expenses of operation and collection attorneys' fees, to any Indebtedness secured by this Deed of Trust, all In such order as Lender may determine. The entering upon and taking possession of the Properly, the colleclion of such rents, Issues and profits, and the applrcalion thereof shall not cure or waive any default or notice of default tinder this Deed of Trust or Invalidate any art done In response to such default of pursuant to such notice of defaull; and, notwithstanding the oonlinuance In possession of the Properly of collection, feedlot and apploulion of rents. Issues or profits, Trustee or Lender shall be entitled to exercise every right provided for iu the Note or the Related Documents or by law upon the occurrence of any event of defaull. including the right to exercise the power of sale.. (b) Commence an action to fousel a this Dead of True) as a mortgage, appoint a reressr or specifically anfnrce any of Ins covenants hereof, and 10) Deliver Id Tmslae A written dr,donatlen of defaull antl demand to are and a wr,tl,, notice at upend and oodu , to fanSP Trustor$ interest in the Property to be sold, which nntim Tmsled shall cause In he duly filed for record In the appropriate metrics of the County In which the Property Is location, and (d) With respect to all or any pad of the Personal Property, Lender shell have all the nghls and remedies of e secured party under the Nebraska Uniform Commercial Code. Foreclosure by Power of Sale. It Lender steals to fnreold,A by examlee of the Power of Sale herein rontamme, fender shall relay Trustee and shall deposit with Trustee this Heed of Trial and the Note and soon receipts antl evickmen of expenditures mane and secured by this Deed of Trust as Trustee may require. (a) Upon receipl of such notice from Lander, Trustee shall cause to hs recorded, published and delivered to Truster such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust, Trustee shet l. without demand on Trusor, after such time as may then be required by law and after recordation of such Notice of Default and after Notice of Sale having been given as required by law, sell the Properly at the time and place of sale fixed by it In such Notice of Sale, either as a whole, or In separate Iota, or parcels or items as Tmsiee shall deem expedient, and in such order as it may determine, al public auction to Iha highest bidder for cash in lawful money, of the United Slade, payable al the time of sale Truste, shall deliverto such pumnaseror, purchasers thereof Its good and suffi lenl deed or focus conveying the properly so Told . on w lupin any e ssuffot or warranty , express i implied. The an tale in 51 deed of as firdfiv .t, fact, shall I nclus,-, of of the t ulMUl less the e-ol. Any person, including without Imitation T-Wn. Trustee. o, Lender. may p,ncha,e al such sale. (b) As may be Penalled by law. ails, deducting all costs fees and experaes at Irudee and of this Trost, including costs of evidence of title In connection with sale Trustee shall apply the proceeds at sale b, payment of (b all sums expended Linder the terms of this Dead of Trual m Linder Ina terms of the Note nor then repaid. Including bLil i rini to accrued interest and Tale charges, (if) all other sums than ser mad herat, and (riil the remainder. If any to the perms or persons legally entitled Iherelo. (c) Trustee may In the manner provided by law postpone sale of all or any Necked of the density Remedies Not Exclusive. Trustee cad Lentler, and each of them, shall be entitled to snlerce payment and performance of any Indebtedness or obligations secured by this Dead of Trust and to exercise all rights and powers antler nulls Dead of Trust, Roder the Nota, under any of the Related Documents, or under any other agreement or any laws now or hereafter In lama notwithstanding, some or all of such indebtedness and obligations secured by this Deed of Trost may now or hereafter be omorwrse accused, whether by moi deed of trust, pledge, lien, assignment or otherwise. Neither the e,pp,unye of this Deed of Trust nor Its enbm,nni whether by cowl ncter or pursuant to the power of sale or other powers contained in this Deed of Tonal. shall prejudice, or In any manner affect Trustee's or Lender's right to realize upon or enforce any other security now or herwster held by Trustee or Lander it losing agreed that Trustee and Lender and each of them, shall be emitted to enforce this Deed of Trust and any ether security now or ncreases Meld by I ender or Trustee In such order and manner as they or either of them may in their absolute d,scrclior drtermfne No comedy conferrmrf upon or reserved to Tro5leo or Lender, Is Intended to be exclusive of any other re nney In this Deed it I i sl or by law provided or peon nfoi. but each shall be cumulative and shall be in addition to every other remedy given In this Dead of Ti us1 or now or hareaflel existing at law or In equity or by statute. Every power or remedy given by tha Note of any of the Related Donur dV to Trl Btee or Lender or to which either of them may he 0lherwlan .Alliied, may be exerd5Ad, po duariftly or independently, from Inad to time and is often if may he deerned exceNEnt by TNSle1 or 1 and, and either of them may pursue Inconsistent mmmdles. Nothing In this Dried of Trust shall be cansinisd as or Lender from seeking a deficiency judgment against the Truslor to the extent such anion is penciled by law_ Elecnion by Lender to pursue any remedy shall not exclude pursuit of any other remedy. and an election to make expendrlures or to lake action to perform an obligation of Trustor untler this Dead of Trust, after Trul bull. to perform, shall not afferl I Pi right to declare a default and tricoose Its remedies, Request for Notice. Truslor. on behalf pfTruslor and Lender, hereby Inquests that a copy of any Noliee of Default and a copy of any Notice of Sete under this Deed of Trial be mailed to them at The addresses sef foil, In the host paragfapn of Its Deed of trust.