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<br />Ii: ,~e;ti']LI~f\A~,(jl\ l'1 '. I" IIEF:\! 1.1 Al I{ WlllIi> At. I(LMI::l )110:-; Should al\ <,wnl 01 dl'lault occur hl'lwf'C1,.r:,
<br />1ll:1\ (It-d:tTf' ail indphtn('<:;~ ~I'nlrf'd iH'rf'j~,\ II> he OUt. nnd pn.\";lhle and the same shall therrupon hecomE' due and pa~..ablf'
<br />w1th!l1l1 ,In.\" prf'!'t'ntmt~nL oem:II1'J proll'"r or noti(-(' of an~' kind Thert>after Beneficiar:-, may: . .
<br />(I i Eltlwr In person or h\' til!Pnt wlth llr \,>;Ihoul hrin~"nf! any action or proceedIng. or by 3 recelver appomted by 3 cnu.r1
<br />and \\,thout regnrd lo tht. adt'qu;H'v of iL" .!'1'('Urlty. enter upon nnd take posst'!'sion oftht' Trust Estate. or any part thereof. m
<br />its oy.-n nnm~ or m the narot. ofTrustl't'. and do any act.s which it deems necessary or desirableto preserve ~e value. market-
<br />ability or !'!'nlability of the Trust ESlatl'. or part thereof or interest therein, increase the income therefrom or protect the
<br />securit\. hereof and: with or without !akin!! possession of the Trust Esta~. sue for or otherwise collect the rents, ISSues ,,:nd
<br />profit~ therf:'of. indudml' thn~f' p:lst rlUf? and unpaid. and appl\' thp same. less costsand-eXp@n9E-!ofo~~tion and c:ollectlon
<br />indudin~ att.om~vs' f<,ps.. upon an~' Indebtedness secured hereby. all in such order as Beneficiary m~y determm~. 1!w
<br />entRnnc UDOn and taluncpo<session of the Trust Estate, the collection of such rents, is..ues and profits and the apphcal:1on
<br />thereofas ~foresaid. shaH not CUTl:' or waive any deiauh or noticE.' of default hereunder orlnvalidate any actdonein response
<br />to such default or pursuant to such notice of default and. not"ithstandin!! the continuan.ce in possessioo'oftheTrustEstate
<br />or the collection. n>CPlpt and npplic:at1on of rents. issues or profits. Trostee or Beneficiary shall be entitled to ~xercise eve~'
<br />ri~ht prmidt"d for 10 an\' of lhp l.-o<1n InstrumenL~ or b:: law upon ?ccurrenC't.' of any event of default. including the right to
<br />exercLS(' the Dower of salt,
<br />'11 Com~encc 11:1 action W forcci~;::!{' lhl3 Deed of Trust as n mortgage. nppoint a receiver. or 3pecifically-enfo~"a-ny of
<br />the co\)enant~ hereof '--,
<br />'IiI I Deliver to Trus",e a written declaration of d.fault and demand for sale, and a written notice of default and election
<br />to cause Trustor's mtl'rest in th,. Trust Estate to be sold. which notice Trustee shall cause to be duly filed for recordiit the
<br />appropnate OfficIal Records of the Counl~' in which the Trusl Estate is located.
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<br />11 FORECLOSURE BY POWER OF SALE. Should Beneficiary elect to foreclose by exen::ise of the Power of Sale
<br />herem t'ontamed. !knefic.ary' shall notiC:.' Trustee and shall deposit with Trustee this Deed ofTrust.and.th. Note and such
<br />feCelpL<; and p\.-.;dencf' of expenditur{>$ made and secured hereby as TrUstee may _req~re, ,_ .
<br />I a I Upon receIpt of such notice from Beneficiary. Trustee shaD cause to be recorded, published and deliveredtoTrustOr
<br />such NOllce of Default and Notice of Sale as then required by law and b~' this Deed ofTrust.1'rUsteeshaD, without demand
<br />on Trustor. after such lime as ma \' then be required by law and after recordation of such Notice ofDefaultandaftt!r"Noticeof
<br />Sale haqn!! been I'Iven as reqUIred by law. soli the Trust Estate at the time and place of sale fixed by itin such "Notice aiS..le;
<br />either as a whole or!l1 separat{' lots or parcels or i~ms as Trus~ee shall deem expedient, and in such order as.it.maYodell!r,
<br />mine. at public auctlOn to the h,!!hest bidder for cash in lawful money of the UnitedStatespayableatthetimeofsale,1'rUstee
<br />shall dehver to such purchaser or purchasers thereof its good and sufficient deed of deeds conveying the propertysosoltlbut'
<br />without any covenant or warran"'. express or implied, The recitals in such deed of any matters or facts shalLbe eonchisive
<br />proof of the truthfulness thereof. Any person. including, without Iim;~ -ti!>n, Trustor, 1'rUstee and Beneficiary, may purchase:
<br />at such sale and Trustor hereby covenants t<l warrant and defand '.' ., title of such -urr.haser or purchasers;
<br />,b, As may be permitted by law. after deducting all ccst!;, ff . td expense;; ;:,t'1','Ustee and ofthis.Trust; including costs
<br />of e\,dence of title III ('onneclJon "ith sale. Tru.,,"e 8hall apply ~,. proceeds ~a1e topaymentoffiJall sums~xpendedunder
<br />,he terms hereof.. nOI then repaid. with accured interest at &::- percent (4-%) per annum. (iil all other sums then secured
<br />hereb\' and (iiilthe remainder. if an~'. 10 the person or persons lellally entitled thereto,
<br />ICI Trust~ may in the manner provided by law, pcstpone sale of all or any portion of the Trust Estate,
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<br />12 REMEDI ES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them. shall be entitled to enforce payment
<br />and performance of any IIldebtedness or oblillations secured hereby and to exercise all rights and powers under this Ilee!I of
<br />Trust or under any Loan Instrument or other a(lnll!ment or any laws now or hereafter in force. notwithstanding some or all
<br />of the such Indebtedness and obligations secured hereby may now or hereafter be otherwise secured. whether by mortgage.
<br />detd of trust. pledlle, hen, assillTlment or otherwise, Neither the aceeptanceofthis Deed ofTrust norits enforcement wbether
<br />by court action or pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner. affect
<br />Tru~t~'~ or Beneficiary', ri!!ht to realize upon orenfon::e any other security now or hereafter held by Trustee or Be~ficiar'.f.
<br />it bein!! al(l'eed that T'rustee and Ben.ficiary, and each of them, shall be entitled to enforce this Deed ofTiUstand any other
<br />.ecunly now or he....aft.r held by Beneficial':" or Trustee in such order and manner as they or either of them may in their
<br />absolute d.scretion dete""lne. No ....med)' heein conferred upon or reserved to Trustee or Beneficiary is, intended to be
<br />exclUSive of any other remedy h.!'!';n or hy law pro,~ded or permitted. but each shall be cumulative and shall hein addition
<br />to every other ....med)' l'lven hereunder or now or h.reaf~r existing at law or in equity or by statute. Every power or remedy
<br />given r.y an y uf the Ln~'1 I nf.:tr.JJnents to Trustee or Beneficiary or to which either of them may be otherwiaeeQtitled. may be
<br />exerrised. concurrently or Independently. from time t<> time and 8S often as may be deemed expedient by Trustee or Bene-
<br />ficial':" and .ither of them may pursue inconsistent remedies, Nothing herein shall be construed as prohibiting' Beneficiary
<br />from s...kin~ a defic.ency )ud!!ment agamst the1'rustor to the extent such action is permittd by law.
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<br />REQUEST FOR NOTICE. l'rustor h~rt'by ~u~ts 8 copy of any notieeofdefaultand tJ-iatiiiiY iiotieeof sale hereunder
<br />be maIled to It at 1.1,. address Sl't forth In the first pllJ'agraph of this Deed of Trust.
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<br />i ol C;O\'EFl"lING 1_0\ \\' Th.s fleed of Trust shall be governed by the law. of the State of Nebt'eska. In the event that
<br />any Pl'<>\,SIOIl or dau.e of any of the Loan Instruments conflicts ,,~th applicable laws. such conflicts ahall not affect other
<br />provls.ons of such Loan Instruments whIch can be given effect without the conflicting provision, and to this end the pro-
<br />ViSlOllS of the Loan Instruments are declared to be ...verabl.. This instrument cannot be waived. changed. discharged or
<br />tenmnatl><i orally. but only h~' an lnstrum~nt in writing signed by the party asrainst whom enfQrt'e~nt t)f an.'" waiver.
<br />chanjl.t'. dischBr~f> or l-emunatulO J:~ sou~ht. -
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<br />15 REC'ON\'EY ANCE BY TRUSTEE. Upon written request of Beneficiary stating that all sums secured hereb\' have
<br />_n p3.ld, and upon ~urrender of th.s Deed of Trus~ and the No~ to Trustee for cancellation and retention and upo'n pav'
<br />ment toy Trustor of.Trustee's fees, Trustee shall reconvey to Trustor, or the person or personal.gally entitled thereto, without
<br />warranty, aIlV poruon of the Trust Estaw then held hereunder" The recitals in such reronveyance of am' matters or fact-.
<br />shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or
<br />person~ It'~ally f'ntlth-d thereto ,.
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<br />16, :-.JOTICES \\'orneve-r Rent'ficiar:--. Trustor or Trustee shaU desirf- tu give or serv~ a.ny nctic~, dem.and. re<.iUe5t or
<br />c~.hc: ~~~~~~~:~~:~;;;--. '.;1~ i'"~.s.Vt"Ci ~v ilu~ i~ olTTu81., each such nOb-ce. demand. requestor other communication shall be
<br />In wnon. and shall be ,effect.ve only If the same.s delivered by personal servic~ormailed by certified mail. postage prepaid.
<br />return receIpt requeslea, addr.ssed to tl," address set forth at the beginning of this Deed ofTrust. Any party may atthis time
<br />changt' 1t.." address for such notices. by aehvenng or ffialUng to the- other partlf'S hpreto. as aforesaid. 8 noti~ of such chanlfe.
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<br />17 ACCEPTANCE BY TRl'STEE Trustee accepts this Trust wh.n this Deed of Trust, dulv executed and acknow"
<br />l!d;!f'Id. 1S- made {\ pu bue' ~ord as providt"d by law. -
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<br />!~ \\1n:ESS \\'HERE0F Tr~.$~r ;-;as fXKuti'd thjs D~i of Trust as of th~ da\' and vear first abovE' \\"nnfn
<br />TRL'STEE Trustee acc.p" thIS Trust Whell thlS Deed of Trust: dul\: execu~ed and acknow"
<br />ledged is mad. a puhllc record as pT<wided hy law '
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<br />!!\: \\1'T"!'-:ES's' WHEREOF Tru!':tnt ha~ E-'XfCutt.d thIS- f)l"t'O {;f Trust R!" of ~h€'- day find year first ahovt' \\'rlt'te-n
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