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<br />10. ACCELEItATION UPON IJI':FAULT. AIJl>lTIOI\AL ItEMEDIES. Should an event of default occur Beneficiary
<br />ma\" dt",lare all indebtn"". ~ured hereh~' to he dut. and pa~'able and the same shall thereupon bee, me due and pa~'ahle
<br />without an\' pre!<entment. demand. prote.t or notice of any kmd, Thereafwr Beneficiary may:
<br />1 iJ Either in- person or h.v agent. with or without brin~rinJ! any action or proceeding. or by a receiver appointed b~' a (.'Ou,n
<br />and with nut rell'ard to the adequac~' of it,<; security, enter upon and take pos8eSlrion oft.'>" Trust Estate, or any pan thereof, ill
<br />itl' own name orin the name of Trus""" and do any acts which it deems necessary or desirable to preserve the value, market'
<br />abilit\' or rentabilit\, of the Trust Estate, or part thereof or interest therein, increase the income therefrom or protect the
<br />security hereof and; with or without takinll' possession of the Trust Estate. sue for Or otherwise collect the rents, issues ~d
<br />profits thereof, including those past due and unpaid, and apply thesam~.less costs and expenses?! operationlltld ~Ileetion
<br />includinl! attornevs' fees, Upoll it,,)' indebtedness seeuredhereby, all 111 such ordel' asBeneficiaFYmaydetllrm1Re-' Tile
<br />enterinll' upon and taking v-r....essil'n of the Trust Estate, the coUection ohuch rents. issues and profil$.and theawlication
<br />thereof as aforesaid. shall not cure (:Ir waive any default or notiC(' of default hereunder or invalidate anyactdonein,~pI)~
<br />to such default or pursuant to SUCnTOriC(' of defaa!1: and, notwithstandingthecontinuan.cein pos8essionofthl';TT\Ilit,~t~..
<br />or the collection, receipt and applica tion of rents. issues or profits, TrusteE'<< Beneficlmy shall-beentitled:f(>eptl!~~'~
<br />riA'ht pro,'ided for in an:-' of ~he Loa" Instruments or by lav.. upon occurrence of anyeventofdefault;incltidirig~c~t'~,
<br />exercise the power of sale: ' ..' .. ............
<br />(ii! Commence an action to foreclose this Deed of Trust as a mortgage, appoints I'llCeiver;orspecit'ically lll1fQrCe~W1YC1f
<br />the covenants hereof; .~ . . . .~:
<br />ciii-. Deliver to Trustee B wriuen declaration of default and ,demantl f~r.:~ 4~uf :a-""tten:-n~'of,~L,~___.'
<br />to cause Trustor's interest in the Trusl Estate to be sold, which notiCl'Trustee shall cause to oodu.lyfiledf~f.
<br />appropriate Official Records of the Count)' in which the Trust Esta"" is located. ..' .c~,
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<br />11. FORECLoSURE BY POWER OF SALE. Should Beneficiary elect toforedosebYexercisl!of,the'~~f~~
<br />herein con~ed: Bene~ciary s~'.a11 notify :rrus~ and shall d7posit with TrusteethisJ?eedofTrustand1he~Ote.~,
<br />receipts ana ~~'Gance Of eXpei1mrureB mace ant: secured hereoy a~rTr-=tee may-,req~.
<br />la) Upon receipt of such notiCl' from Beneficiary. Trustee shall cause to be recorded. publishedlmddeli
<br />such Notice of Default and Notice of Sale as then required b~'law and by this Deed of Trust. Tntsteesh:alI.
<br />on Truswr, after such time as ma~' then be required by law and after recordation ohuch N~
<br />Sale ha,'inll' been !riven as required by law, sell the Trust EstatutthetimeandpIaceoflilalefiXedb
<br />either as a. whole, or in separate lots or parcels or items as Trustee~' .,,~J <Jeem expedienLandcU:t
<br />mine. a~public auction to the hitzhest bidder for cash in lawful mnn"y >"c~:UnitedS~.:JaY;lblli-at~tJ'
<br />shall deliver to such purch!Y!e! or purchasers thereof i~ good n ~ '_c $:"f~~ dent !,:_:.;gd -nfcL~ C(n1"eYi~;.:t~ ..,~;
<br />without any covenant or warrant;:, express or ; ,"p;.;ed, 1The ,'c "~JUs in such deedcofany~mlltl.e:r!torfa!:til:
<br />proof of the trUthfulness thereof, Any person, including, without limitation, 1'rustor'Trl'.lIteeand . '.' ..: '. ..... ~ ..... .'. .... ..... '.. .. .... _
<br />at such sale and Trus1Ol' hereby covenants to warrant and defend the title of sucbpurchaser.or ~.~;...,'_ .5;>- .'
<br />(hi As may be permitted by law, after ded.uctlng all costs, fees al'ld' expenses ofTr~ ar.d.Qft5=,~~:i.~l:~.~?~':
<br />of evidence of title in connection ...'ith sale, Trustee shall apply the proceeds of sale to paymentoffi}aIIl1umseltpendiiihl~c
<br />the terms hereof, not then repaid, with accuredinterest a~ percent i..&.%) per annum, (ill allother8umsthl!ll~' ,
<br />hereb~'. and (tiD the remainder, if any, to the person or pe1'9on.. lellally entitlodthereto,
<br />lei Trustee may in the manner provided by law. postpone sale of all or any portion oft.'a>TrustEstate,~ ..
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<br />12, REMEDIES NOT EXCLUSIVE, Trustee and Beneficiary, and each of them. shall beentitled'tOen-fOl'l:e~'
<br />and performance of any indebu.:lness or obligations secured hereby and to exercise all rightli andJlOwtl",undep~,~(if
<br />Trus~ or under any Loan Instrument or other agreement or any laws DOWor h~in force,notwith.standiiiIl'IIQ~~1lU
<br />of the such indebtedn6S and oblillations secured hereby may now or hereafter he othe1'wisesecured:whet1illl'~'~"
<br />deed of trust; pledge, lien, assijmment or otherwise.. Neither the accept.anceofthis Deed ofTruat noritliworcetneJtt"whtlther
<br />by court action or pursuant to the power of sale or other powers herein contained. shall prejudice orin Imy 1llAJUler:~aft8:t
<br />Trustee's or Beneficiary's ri!lht to i-eaJize upon ounforce any other security now or hereafter heldby~1I1"Ben~,
<br />it b,.>ing agreed that Trustee and Beneficiary, and each ofthem, shall be entitled to worcethisDeedofTtust and~'otJ:m;
<br />security now or hereafter held by Beneficiary or Trustee in such order and manner as they "01' either of them may in thiiir
<br />abllOlule discretton determine, No remedy herein conferred upon or reserved to Trustee or Beneli~' is intendedul'l..,
<br />exclusive of any other remedy herem or by law provided or permitted. but each shall be cumulative and shall be in addition
<br />to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute. Every power or remedy
<br />given by any of the Loan Instruments to Trustee or Beneficiary or to which either of them may be otherwise entitled, mll.V be
<br />exercised, conclllTently or independently, from time to time and as often as may be deemed expedient by Trustee.or Bene-
<br />flcim' and either of them ma~' pursue inronsistent remedies, Nothing herein shall be oonatruedas prohibiting Beneficiary
<br />from seeking a deficiency judgment against the Trustor to the extent such action is pemtiUdby law,
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<br />REQUEST FOR NOTICE, Trustor hereby reqUESts a copy of any noticeofdefaultand thatany noticeofsalehereunder
<br />bemailedtoitattheaddresssetforthinthefirstparagraphof.this Deed of Trost,
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<br />14. GOVERNING LA W. This Deed of Trust shall be governed by the laws of the State of Nebraska. In the event that
<br />any provision or dause of any of the Loan Instruments conflicts with applicable laws. auchconflicts shall notafl'ectother
<br />provisions of such Loa..... Instruments which can be gi ven effect without the conflicting provision. and. to this end. the pro.
<br />,'islOns of the Loan Instruments are declared to be severable, Tnis instrument cannot be waived, chafililed. diieharjj'Edor
<br />terminate<! orally, but only by an instrUment in writing signed by the party against whom enforcement of any waiver,
<br />change. discharge or tennination is sought. '
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<br />15, RECONVEY Al'ICE BY TRUSTEE. Upon written request of Beneficiary statingthatallsums secured hereby heve
<br />been pajd~ and upon sQr'!'@nderofthis Deed Dfw..tSt and the Nate to Trustee fer caneell=tion :L.'"1d ~s.mtion arnl upon pav...
<br />ment by Trustor of Trustee's fees, Truslee shall reconvey to Trustor, or the person or persons legally entitled thereto, witho~t
<br />warranty, any portion of the Trust Estate then held hereunder, The recitals in such reconveyance of any matters or facts
<br />shall be conclusive proof of the truthfulness thereof, The grantee in any reconveyance loay be described as "the person or
<br />persons lejjlally entitled thereto"
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<br />] 6. NOTICES. Whenever Beneficiary, Trustor fir Trustee shall desire to give or serve any notice, demand, reques~ or
<br />other communicanon WIth respec~ to this Deed of Trust. each such notice. demand, request or other communication shall be
<br />10 wnnng and shall be effectlve only if tnI' same is delivered by personal service or mailed by certified mail, postalle prepatd.
<br />~um recetpt req~ed, addressed ~ the address set forth at the beginning of this Deed ofTrust. Any party may atthis time
<br />cnange Its address lOr such notices oy dellvenng or rruuling to the other parties hereto, as aforesaid, a notlet' of such change.
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<br />17. ACCEPTAJ>;CE BY TRUSTEE TrnSU!t- accepts thIS Trust when this Deed of Trust, duiv executed and ackno"'.
<br />loos:~. is made a p'.J.blic ree<"J!"d as ~,"id~ by law, ~
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<br />IN W1TNESS WHEREOF. Trustor has e"ecuted this Deed of Truat as of the day and "ear first above wnnen,
<br />TRUSTEE, Trust~ accepts this Trust when this D""d of Trust, dul): execu~ed and acknow,
<br />lq..t 15 made a public record as pro\'idod b~' law.
<br />t:\ \\1TNESS WHEREOF Trull!or has e;<ecuted t~eeil)f Tl'\lst I'.1i 'If th~,day and :--e...r first abo"o Written ,
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