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<br />\, <br /> <br />200600578 <br /> <br />designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the <br />purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence ofthe <br />truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all <br />expenses ofthe sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorney's <br />fees; (b) to all sums secured by this Security Instrument; (c) to junior lienholders; and (d) any excess to the person or <br />persons legally entitled to it. <br /> <br />15. ASSIGNMENT OF RENTS. As additional security, Trustor hereby assigns to Beneficiary <br />the rents of the Property, provided that Trustor shall, prior to acceleration hereunder or abandonment of the Property, <br />have the right to collect and retain such rents as they become due and payable. Upon acceleration as provided herein <br />or abandonment of the Property, Beneficiary (in person, by agent or by judicially appointed receiver) shall be entitled <br />to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past <br />due. Any rents collected by Beneficiary or the receiver shall be applied first to payment of the costs of management of <br />the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and <br />reasonable attorney's fees, and then to the sums secured by this Security Instrument. <br /> <br />16. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each ofthem, shall be entitled <br />to enforce payment and performance of any indebtedness or obligations secured hereby and to exercise all rights and <br />powers under this Deed of Trust or under any Loan Instrument or other agreement or any laws now or hereafter in force, <br />notwithstanding some or all of the such indebtedness and obligations secured hereby may now or hereafter be otherwise <br />secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the acceptance ofthis Deed <br />of Trust nor its enforcement whether by court action or pursuant to the power of sale or other powers herein contained, <br />shall prejudice or in any manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security now <br />or hereafter held by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, shall be <br />entitled to enforce this Deed of Trust and any other security now or hereafter held by Beneficiary or Trustee in such order <br />and manner as they or either of them may in their absolute discretion determine. No remedy herein conferred upon or <br />reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law provided or <br />permitted, but each shall be cumulative and shall be in addition to every other remedy given hereunder or now or <br />hereafter existing at law or in equity or by statute. Every power or remedy given by any of the Loan Instruments to <br />Trustee or Beneficiary or to which either of them may be otherwise entitled, may be exercised, concurrently or <br />independently, from time to time and as often as may be deemed expedient by Trustee or Beneficiary and either or them <br />may pursue inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a <br />deficiency judgment against the Trustor to the extent such action is permitted by law. <br /> <br />17. FIXTURE FILING. To tlle extent that improvements and Property constitute fixtures, this <br />instrument shall be filed in the real estate records ofthe County of the location of the Property and be deemed a fixture <br />filing. <br /> <br />18. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the State of <br />Nebraska. In the event that any provisions or clause of any ofthe Loan Instruments conflicts with applicable laws, such <br />conflicts shall not affect other provisions of such Loan Instruments which can be given effect without the conflicting <br />provision, and to this end the provisions of the Loan Instruments are declared to be severable. This instrument cannot <br />be waived, changed, discharged or terminated orally, but only by an instrument in writing signed by the party against <br />whom enforcement of any waiver, change, discharge or termination is sought. <br /> <br />19. TRUSTEE'S FEE. In the event of default, unless specifically waived in writing by Trustee, <br />Trustor agrees to pay Trustee a fee equal to $50.00, or one-half (Y2) of one percent (1 %) of the entire unpaid principal <br />sum secured, whichever is greater, subject to the limits of Neb. Rev. Stat. 916-1012, as amended. <br /> <br />20. RECONVEYANCE. Upon payment of all sums secured by this Security Instrument, <br />Beneficiary shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Agreement to Trustee. Trustee shall reconvey the Property without warranty <br />and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. <br /> <br />21. REQUEST FOR NOTICES. Trustor requests that copies of the notices of default and sale <br />be sent to Trustor's address which is the Property Address. Trustor further requests that copies of the notices of default <br />and sale be sent to each person who is a party hereto at the address of such person set forth herein. <br /> <br />22. NOTICES. Any notice to Trustor provided for in this Security Instrument shall be given by <br />delivering it or mailing it by first class mail unless applicable law requires use of another method. The notice shall be <br />directed to the Property Address or any other address Trustor designates by notice to Beneficiary. Any notice to <br />Beneficiary shall be given by first class mail to Beneficiary's address stated herein or any other address Beneficiary <br />designates by notice to Trustor. Any notice provided for in this Security Instrument shall be deemed to have been given <br />to Trustor or Beneficiary when given as provided in this paragraph. <br /> <br />23. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Deed of Trust, duly <br />executed and acknowledged, is made a public record as provided by law. <br /> <br />IN WITNESS WHEREOF, Trustor has executed thi <br /> <br /> <br />st as of the day and year first above <br />. <br /> <br />written. <br /> <br />riesen <br /> <br /> <br />~(Ju~A ~ <br /> <br />3 <br /> <br />il. <br />