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<br />200804918 <br /> <br />balance ofthe Note together with all accrued interest thereon, and all other Indebtedness shall be <br />and become immediately due and payable. <br /> <br />8.3 Remedies of Mortgag:ee and Right to Foreclose. <br /> <br />Upon the occurrence of an Event of Default, Mortgagor hereby authorizes and fully <br />empowers Mortgagee to foreclose this Deed of Trust by judicial proceedings. Furthermore, upon <br />the occurrence of an Event of Default, and without limiting any of the other remedies available <br />to Mortgagee or Trustee upon the occurrence of an Event of Default, the Trustee may proceed, at <br />the request of the Mortgagee to sell the Premises, and any and every part thereof, either in mass <br />or in parcels, in Mortgagee's sole determination, at public venue, to the highest bidder for cash at <br />the door of the court house then customarily employed for that purpose in the county where the <br />Premises are located, or at such other place designated by the Trustee as may be permitted by <br />law; first giving notice of the time, terms and place of sale, and a description of the premises to <br />be sold, as is provided by the laws of the State of Nebraska then in effect, and such Trustee, or <br />his successor, shall receive the proceeds of said sale, out of which Trustee shall pay to <br />Mortgagee the principal and interest due on the Note and all other Indebtedness together with all <br />sums of money as Mortgagee shall have expended or advanced pursuant to this Deed of Trust or <br />pursuant to statute together with interest thereon as herein provided and all costs and expenses of <br />such foreclosure, including lawful attorneys' fees, with the balance, if any, to be paid to the <br />persons entitled thereto by law. <br /> <br />Mortgagee may foreclose or otherwise realize upon, and Trustee may sell, one parcel or <br />any other part or parts of the Premises, on one or more occasions, without releasing this Deed of <br />Trust, or precluding the further foreclosure or other realization hereunder of any other parcels or <br />other parts of the Premises not so foreclosed or realized upon. <br /> <br />To the extent permitted by applicable law, Trustee may adjourn from time to time any <br />sale by it to be made under or by virtue of this Deed of Trust by announcement at the time and <br />place appointed for such sale or for such adjourned sale or sales (or by any other means <br />permitted by law); and, except as otherwise provided by law, Trustee, without further notice or <br />publication, may make such sale at the time and place to which the same shall be so adjourned. <br /> <br />Upon the completion of any sale or sales made by Trustee under or by virtue of this Deed <br />of Trust, Trustee, or an officer of any court empowered to do so, shall execute and deliver to the <br />purchaser or purchasers a good and sufficient instrument, or good and sufficient instruments, <br />conveying, assigning and transferring all estate, right, title and interest in and to the property and <br />rights sold, and any statement or recital of fact in such deed or other instrument shall be prima <br />facie evidence of the truth of such statement or recital. Trustee is hereby irrevocably appointed <br />the true and lawful attorney of Mortgagor, in its name and stead, to make all necessary <br />conveyances, assignments, transfers and deliveries of the Premises and rights so sold, and for <br />that purpose Trustee may execute all necessary instruments of conveyance, assignment and <br />transfer, and may substitute one or more persons with like power, Mortgagor hereby ratifYing <br />and confirming all that Trustee or such substitute or substitutes shall lawfully do by virtue <br />hereof. Any such sale or sales made under or by virtue of this Deed of Trust, whether made <br />under the power of sale herein granted or under or by virtue of judicial proceedings or of a <br /> <br />23 <br /> <br />DoC# 2675364\2 <br />