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<br /> 7.ecti.o�n of such rente, issue� and profits and the appltcation --
<br /> thereof ae afore�aid, ehall not cure or waitre any default or
<br /> n,oti.ce oE default hereunder or invalldate any act done in
<br /> reeponse tA auch default or pursuant to such notiae of default
<br /> and, not��ith�taridi.ng the continuance in par�seeaiorx of rhe Prop-
<br /> er'ty or the collec�ion, receipt and application of rentp, ier�uee `
<br /> or profite, ar�d '1'rustee and LeI1c�C.i' Bfiall i�� 2I1L1L.1::(.i i.v �.:a�c�aa
<br /> every right provided for herein or by law upon occurrence of any
<br /> Event nf Default, including without limitation the right to exer-
<br /> ciee the power of sale. Further, Lender'e righte and remediee
<br /> under thia paragraph eha11 bc cumulative with, and in no wa� a
<br /> limiLation on, Lender'e righte an�. remedies under any aseignment
<br /> of l�ase� and rent� recarded ag��-net the Property. Lender, .
<br /> Truetee and �)ne receiver ahall be liable to account on].y tor
<br /> those renta ac�ually received.
<br /> li. E,YSn�a af nefault. The following ahall conetitute an
<br /> Event of Dcfault under thie pRad of Truet : �
<br /> (a) Failure to pay any inetallment of principal
<br /> or intereet or any other eum �ecured hereby when due;
<br /> (b) A breach of, or default under, any provision
<br /> contained in the Note, this Deed of Truat, any of the
<br /> Loan Snatruments, or any other lien or encumbrance upon
<br /> the Propertyj
<br /> (c) A writ of execution or attachment, or any
<br /> �s��i?r �rn.r.Pes; ehall be ent�zed againet Truetor wh�ch
<br /> aMall became a li.en on the Property or any porti.on or
<br /> intereot therein;
<br /> (d) mhere ahall be f31ed by or againet Trustor or
<br /> Borrower an action under any preaent or future federal,
<br /> state or other etatute, .law or regul.ation relating to
<br /> bankruptcy, ineolvency or o�her •relief for c�ebtars, or .
<br /> there ehall be appointed any truatee, receiver or liq-
<br /> uidator of Truetor or Borrower or of all or any part of
<br /> the Property, rents, issuee or profits thereof, or
<br /> Trustor or Borrower ahall make any general asoignment
<br /> for the benefit o� creditora;
<br /> (e) The eale, �ransfer, aeeignment, conveyance or
<br /> further encumbrance o� all or �ny part of or any inter-
<br /> eat in the Property, either voluntaril.y or involuntar-
<br /> i1y, without the exprees written cortsent of Lender or
<br /> - wv v�.i:..::::.�iC �.°.+r.°-�•-n nu9^Ill'{f'1-P(�e AT"
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<br /> (f) Ab�ndonment c�f the Property.
<br /> 12. Rp*TI �j,pa• Acceleration U;on DefaL�t. Iri the event of
<br /> and Event of Defaul�, Lender may, without notice excep� ae
<br /> requir.Pd by 1aw, declare a].1 indebtedness secured hereby to be
<br /> due and payable, and tihe eame eha11 thereupon become due and
<br /> payable without any presentment, dem�nd, protest or notice of any
<br /> kind. Thereafter, Lender may:
<br />- (a) Dema�zd thati Truetee exerc ioe r_he POWER OF
<br /> SAL� granted herein, and Trustee shal'1 therea�ter cause
<br /> _ Trustor's intereat in the Property to be sold and the
<br /> proceeae eo be distributed, all xn tihe�manner provided
<br /> a.n the Nebraeka Truat Deede Act;
<br /> - (b) Exe�ciae any and all righte provided for in
<br /> - the No�e, thie Deed of Truat or by law upon occurrence
<br /> - ef any �vent of Default; and
<br /> - (c) Commence �n action to forec].ose this Deed of
<br /> Truet ae a mortgage, appoint a receiver or apecifically
<br /> - enfdree any of the covenante her•eof.
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