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<br /> which failut'e to yay ct�ntinue� for five (5) days� �fter
<br /> writiten n4�ice there�f iB c�ive�i by Lender to Barrow�r;
<br /> (b) A ksre�ch of, or de£ault under, any pr�vi$ion
<br /> contained in the ivotc, i:1�i� Deed �€ Tz-uo�, any af the
<br /> Loan Inatrumc:nt�, or an�� other lien or �ncumbxatice ugon ,
<br /> the Praperty, in re��aecC to which such 3e£ault
<br /> contim�ea for thirt� 1301 days aftter written notice
<br /> thereo€ is given by Lender to Borrower;
<br /> (c) A writ of execut-ion or attachment, or anlr
<br /> aimilar proceas, ahall be enL-exed against Truator which
<br /> t�hall become a lien on the Property or any portion or
<br /> interes� therein;
<br /> (d) There ahall be tiled by vr agaf.nst Borrower
<br /> an action under any preaent or fuCure federal, ��ate or
<br /> other atatute, I�w or regulation r�alating to
<br /> b:3nkruptcy, insolvency or other r_-r�tief for debfioza, or
<br /> there shall be appointed 3ny tru�:�e, x'eceiver or liq-
<br /> uidator of Barrower or of aiL or an�+ part of the
<br /> �roperty, rente, issue� or profit�s �hereof, or Borroc.��r
<br /> �.�-.all make any general aesigtnmen� f or the beaef it of
<br /> C�•�ditors; �
<br /> (e) The sale, transfer, aesignmen.L, conveyance or � .
<br /> further encumbrance of all or any part of c�r an�r inter-
<br /> eat in the Property, either voluntarily or iavo�,i:�ztar-
<br /> i�.y, wi.thout prior written notice to Lender. : . .
<br /> (f) If Truator is a corposcation, tha iseuanca, � .
<br /> eale, transfer, aseignt�en�.� conveyance or encumbraace .
<br /> at more than a total of fifty-one percent (51�) ot it�z .�.• ..
<br /> nssued and outatanding at�ck wi�hout prior writt�r� � =
<br /> �amtice to I,ender du�ing ��►e period this Deed of T�-ti;.:'t
<br /> remains a lien on tha Property.
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<br /> . ' 11. Semen�.�� A . _ _3 Y�, an snon Defa��, I� tYi� event of ^
<br /> any Event of Default, Lender may, aft�r having given such notice
<br />. as may be herein specifi�ed or ae atherwise required by•T.aw,
<br /> declare all indebtedneas secured hereby to be due and payable,
<br /> artd the same ehall t�ereispon became due and payabl� without as��
<br /> p��asez�tment, demand, p�otee� � notice o� any kind. Thereaft�,
<br /> " 3�nde� may: , �
<br /> {a) Deman3 that Z'�r�kee e�cerciae t�� PO4�ER OF �
<br /> SALE granted herein, an�1 �rustee et�all t�s��eafter cauae
<br /> Trustor'a interest in t�.e Property to �c sold and the
<br /> proceeds to be dist�ibuted, all. in the manner provi.ded
<br /> in the Nebraska 'z'rus� Deeds Act;
<br /> (b) Exercise any a�a�1 a11 rights provided for in
<br /> the Note, thia Deed of Trus� or by law upon occurrence
<br /> of any �vent of Def ault; an3
<br /> ,. , (c) Commen�� an action to foreclose this Deed af
<br /> •� Truet as a mortgage, appaint a receiver ar epecifica111r
<br /> , . , euforce any of the covenants hereof.
<br /> -. �to rc�unedy herein conferred upon, or reserved to, Truste� or �
<br /> = . : L:�nd�r is i�ter_de� to be �xclLSi�re of aryo uther reme�y he*_'F3]:�J in
<br /> the Note or by law provided or permitted, but each shall b� c�au-
<br /> � lative, ahall be in addition to every cther remedy given her�-
<br /> under, in the Note or now or hereafter exiating at law or in
<br /> esyuity or by statute, and a►ay be exercieed concurrently, indepen-
<br /> dently ar succeasively. •
<br /> 12, ?'ri�Qree , The Tru9tee may resign at any time without
<br /> cause, and Lender may at any time and without cauae appofr�t a
<br /> succeesor or substitute Truatee. Truetee ahall not be liable to
<br /> any party, includa.ng, without li.mitatiors, Lender, Borrower,
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