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2oioorls�4 (i) have an order far relief entered with respect to it under any law relating to bankruptcy, insolvency, reorganization or relief pf debtors ("Bankxuptcy Law")> (ii) not pay, or admit in writing its inability to pay, its debts generally as they became due; (iii) make an assignrnent for the benefit af its cr�ditars; (iv) apply for, seek, cansent ta or acquiesce in the appaintment af a receiver, custodian, trustee, examiner, liqnidatar ar similar official for it or any of its praperty; (v) institute any proceedings seeking an order for relief under any Bankruptcy Law, or a proceeding seekin� ta adjudicate it a bankrupt or insolvent ar seeking a dissolution, winding up, liquidatian, reorganization, arraragement, adjustment or composition of it, ar its debts, under any Bankruptcy Law; or fail to �le an answer or other pleading denying the material allegations af any such praceeding filed against it; (vi) take any action to authoriz� or effect any of the foregoing actions set farth in this paragraph (e); or (vii) fail to contest, in good faith, any appaintrnent or proceeding described in para�iraph (� b�low. (� Without the application, appraval ar consent of Grantor, a receiver, custodian, trustee, examiner, liquidatar or similar official shall be appointed far Grantor, or any of its property, or any bankruptcy proceeding shall be instituted against Grantor and such appointment continues undischarged or such praceeding has not been dismissed or stayed for a period af thirty (30) consecutive days. Upan the occurrence of ane or more Events of Default, ar default by Grantor in the performance of any other covenant or agreement hereunder, or any covenant or agreement under the 1602 Agreement or the other 1 d02 Documents ox under any instrument or document now or hereafter executed by Grantor to further secure payment and performance of the Obligations, the Authority may declare all indebtedness secured hereby immediately due and payable arad, at the option af the Authority, this Recapture Deed of Trust may be fareclosed in the manner provided by law for the foreclosure of mortgages on real property or may be sald in the manner provided in the Nebraska Trust Deeds Act, Neb. Rev. Stat. §'7G-1001, et seq. (Reissue 1996) under the power of sale conferred upon the Trustee hereunder. If the Property is sold pursuant ta the pawer af sale confe;rrcd upon Trustee hercunder, Trustee shall cause to be filed of record a written notice oF default and election to sell the Property. After the lapse of such tirne as then may be required by lavv follawing r�cordation of such notice af default, and notice of sals having been �iven as then required by law, Trustee, withaut demand on Grantor, shall sell the Property, either as a whole or in separatc parcels, and in such order as it or the Authority may determine, at public auction ta the highest bidder, Trustee rnay postpone the sale of all or any partion af the �s Recepture Deed of Trust and Security Agreement 4839-8956-0838.2