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<br />c: r; ,, DEED OF TRUST 2pp9n55"72
<br />Loan No: 10122533 (COntinued) Page 5
<br />evidencing Lender's security interest in the Rents and the Personal Property. Any reconveyance fee required by law shall be paid by
<br />Trustor, if permitted by applicable law.
<br />DEFAULT. At Lender's option, Trustor will be in default under this Deed of Trust if any of the following happen:
<br />Fraud ar Material Misrepresentation. Trustor commits fraud or material misrepresentation in connection with the terms of the Note.
<br />Payment Default. Trustor fails to meet the repayment terms of the Npte fpr any putstanding balance.
<br />ether Defaults. Trustor's act or failure to act adversely affects Lender's security interest in the Property, or any right of Lender's in
<br />such security.
<br />Right tp Cure. If any default, other than a default in payment is curable and if Trustor has net been given a notice of a breach of the
<br />same provision of this Deed of Trust within the preceding twelve 1121 months, it may be cured if Trustor, after receiving written notice
<br />from Lender demanding cure of such default: 111 cures the default within tan (1 Q) days; or 12) if the cure requires more than ten
<br />1101 days, immediately initiates steps which Lender deems in Lender's sole discretion to bs sufficient to cure the default and
<br />thereafter continues and completes all reasonable and necessary steps sufficient to prpduce compliance as soon as reasonably
<br />practical.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event pf Default occurs under this Deed of Trust, at any time thereafter, Trustee or Lender
<br />may exercise any one or mare of the following rights and remedies:
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Note secured hereby,
<br />Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable and the same shall thereupon became
<br />due and payable without any presentment, demand, protest or notice of any kind. Thereafter, Lender may:
<br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and
<br />without regard tp the adequacy of its security, enter upon and take possession of the Property, or any part thereof, in its
<br />own name or in the Hams of Trustee, and do any acts which it deems necessary or desirable to preserve the value,
<br />marketability or rentability of the Property, or part of the Property or interest in the Property; increase the income frpm the
<br />Property or protect the security of the Property; and, with or without taking possession of the Property, sue fpr or otherwise
<br />collect the rants, issues and profits of the Property, including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection attorneys' fees, to any indebtedness secured by this Deed pf Trust, all in such order as
<br />Lender may determine. The entering upon and taking possession of the Property, the collection of such rents, issues and
<br />profits, and the application thereof shall not cure or waive any default or notice of default under this Deed of Trust or
<br />invalidate any act done in response to such default or pursuant to such notice of default; and, notwithstanding the
<br />continuance in possession of the Property or the collection, receipt and application of rents, issues or profits, Trustee or
<br />Lender shall be entitled to exercise every right provided for in the Note or the Related Documents or by law upon the
<br />occurrence of any event of default, including the right to exercise the power pf sale;
<br />Ib- Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically enforce any of the
<br />covenants hereof; and
<br />Ic- Deliver to Trustee a written declaration of default and demand for sale and a written notice of default and election to
<br />cause Trustar's interest in the Property to be sold, which notice Trustee shall cause to be duly filed for record in the
<br />appropriate offices of the County in which the Property is located; and
<br />Idl With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies of a secured party
<br />under the Nebraska Uniform Commercial Cpde.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power pf Sale herein contained, Lender shall notify
<br />Trustee and shall deposit with Trustee this Deed of Trust and the Note and such receipts and evidence of expenditures made and
<br />secured by this Deed of Trust as Trustee may require.
<br />la1 Upon receipt of such notice from lender, Trustee shall cause to be recorded, published and delivered to Trustor such
<br />Notice of Default and Notice of Sals as then required by law and by this Deed of Trust. Trustee shall, without demand on
<br />Trustor, after such time as may then be required by law and after recordation of such Notice of Default and after Notice of
<br />Sale having been given as required by law, sell the Property at the time and place of sale fixed by it in such Notice of Sale,
<br />either as a whole, or in separate lots or parcels or items as Trustee shall deem expedient, and in such order as it may
<br />determine, at public auction to the highest bidder for cash in lawful money of the United States payable at the time of sale.
<br />Trustee shall deliver to such purchaser or purchasers thereof its goad and sufficient deed or deeds conveying the property so
<br />sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be
<br />conclusive proof pf the truthfulness thereof. Any person, including without limitation Trustor, Trustee, or Lender, may
<br />purchase at such sale.
<br />Ibl As may be permitted by law, after deducting all casts, fees and expenses of Trustee and of this Trust, including costs of
<br />evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of (i) all sums expended under
<br />the terms pf this Deed of Trust or under the terms of the Note not then repaid, including but net limited to accrued interest
<br />and late charges, (ii) all other sums then secured hereby, and (iii) the remainder, if any, to the person or persons legally
<br />entitled thereto.
<br />(c1 Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee and Lender, and each of them, shall be entitled tp enforce payment and performance of any
<br />indebtedness or obligations secured by this Dasd of Trust and to exercise all rights and powers under this Deed of Trust, under the
<br />Note, under any of the Related Documents, or under any other agreement or any laws now or hereafter in farce; notwithstanding,
<br />some or all of such indebtedness and obligations secured by this Deed of Trust may now ar hereafter be otherwise secured, whether
<br />by mortgage, dead of trust, pledge, lien, assignment pr otherwise. Neither the acceptance pf this Deed of Trust nor its enforcement,
<br />whether by court action or pursuant to the power of sale or other powers contained in this Deed pf Trust, shall prejudice or in any
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