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<br />200901437 <br /> <br />which may under the terms hereof constitute Secured. Indebtedness additional to that evidenced <br />by the Notes, with interest thereon as provided herein or in the other Loan Documents; and (iv) <br />to all principal and interest remaining unpaid on the Notes. <br /> <br />4.8 Appointment of Receiver. If an Event of Default has occurred and is continuing, <br />Beneficiary may, at its election and by or through the Trustee, any substitute trustee, or any <br />nominee, assignee or otherwise, make ex parte application to a court of competent jurisdiction <br />for, and obtain from such court as a matter of strict right and without notice to Trustor or regard <br />to the adequacy of the Property for the repayment of the Secured Indebtedness, the appointment <br />of a receiver of the Property, and Trustor irrevocably consents to such appointment. Any such <br />receiver shall have the usual powers and duties of receivers in similar cases, including the full <br />power to rent, maintain and otherwise operate the Property upon such terms as may be approved <br />by the court, and shall apply such Rents in accordance with the provisions of Section 4.7. <br /> <br />4.9 Foreclosure bv Power of Sale. If Beneficiary elects to foreclose by exercise ofthe <br />power of sale contained herein, Beneficiary shall notify Trustee and shall, if required, deposit <br />with Trustee the Notes, the original or a certified copy of this Deed of Trust, and such other <br />documents, receipts and evidences of expenditures made and secured hereby as Trustee may <br />reqUire. <br /> <br />(a) Upon receipt of such notice from Beneficiary, Trustee shall cause to be <br />recorded and delivered to Trustor such notice as may then be required by law and by this <br />Deed of Trust. Trustee shall, without demand on Trustor, after lapse of such time as may <br />then be required by law and after recordation of such notice of default and after notice of <br />sale has been b,riven as required by law, sell the Property at the time and place of sale <br />fixed by it in said notice of sale, either as a whole or in separate lots or parcels or items as <br />Trustee shall deem expedient, and in such order as it may determine, at public auction to <br />the highest bidder for cash in lawful money of the United States payable at the time of <br />sale. Trustee shall deliver to the purchaser or purchasers at such sale its good and <br />sufficient deed or deeds conveying the property so sold, but without any covenant or <br />warranty, express or implied. The Trustee's deed may contain recitals of compliance with <br />the requirements of the Nebraska Trust Deeds Act relating to the exercise of the power of <br />sale and sale of the property described therein, including recitals concerning any mailing, <br />personal delivery, and publication of the notice of default, any mailing and the <br />publication and posting of notice of sale, and the conduct of sale. The recitals in such <br />deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any <br />person, including, without limitation, Trustor, Trustee, Beneficiary or the Lenders, may <br />purchase at such sale, and Trustor hereby covenants to warrant and defend the title of <br />such purchaser or purchasers. <br /> <br />(b) Trustee may postpone the sale of all or any portion of the Property by <br />public announcement at the time and place of the scheduled sale, and from time to time <br />thereafter may postpone such sale by public announcement at the time fixed by the <br />preceding postponement or subsequent notice of sale, and without further notice may <br />make such sale at the time fixed by the last postponement, or may, in its discretion, give a <br />new notice of sale. <br /> <br />- 13 - <br />