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201048939
<br />DEED �F TRUST
<br />�Continuedj
<br />aa�� �
<br />rem�di�ad within any grac� perlod prnvided therein, including w(thout limita6on any agreement concerrtinp any indebtedness or other
<br />obligation of Trustor to Lender, whether exf&ting npw or (ater.
<br />Events AfPecting auarairtor. Any o�'the preceding events oc�urs with respect ta any guarantor, endorser, surety, or accommodation
<br />party af any of the Indebtedness or any guarantor, endors�r, surety, ot aocommodatlon party dles or b�cames tncampetent, ar
<br />revokea or disputes the validity of, or IiabiEity under, any Guaranty df the In�ptedrzess.
<br />RIGHTS ANU R�MEDI�S aN DEFAULT, tf an Ever�t of �efautt orxeira under this Deed of Trust, at any tim� Ehareafter, 7rustee or Lender
<br />rnay sxercise atry one or more af th�a follawing rights and remedies:
<br />Accal�ratfon Upon Default; AddiHanal itemediee. if any Evant af Dafault occurs as per the te�'ns pf the Note secured hereby,
<br />l..ender may declare all Indebtedness secu+�ec! by thls Deed of Trust to be due and p�yaple and the sarrre shall thereupan became
<br />due and payable without any praser►tmerit, demand, protest or notice af any kind. Therea�ter, Lender may:
<br />(a) Either in person or by egent, with or withaut brittging eny actfon or proceeding, ar py a rgaeiver appolnted hy a court and
<br />with�t regard to the adequacy aP its security, enter upon and take p�sessipn af fhe Proparly, or any part th�reof, in its
<br />own nam� ar in the name af Trust�, and do any �cta which it deems necessary or desirable tp praserve the value,
<br />maricetabillty or r�rrtabllity of the �'roper#y, nr part nf the Prpperty or ini�rest In the Praperty; increase the income from the
<br />Property or prntect the security nf the Prapsriy; and, with pr without taking possession of the Property, sue for or otherwise
<br />avAect the rents, Issues and profits af the Property, including thosr� past due and urtpaid, and apply the sarr�, less costs and
<br />expansas of op�r�tion and coflection a►ttomeys' tees, to any Indebtedness secured by this Dead of Trust, atl in such order as
<br />I�nder may deterrrtine. 7he enterinq upan and takir� possession of the Properiy, the callection of such rents, issues and
<br />prpfits, and the applicatian thereof shall npt cure nr walve any default or notice of default under this Deed of "Crust ar
<br />invalidate �ny �ct done in responss tq St1Ch d@f8lllt Or �Ut8U811� t0 8UCn f10�IC9 pf default; and, notwithstanding tha
<br />contfnuance in passesston of the ProperEy or the aalfectlon, reaefpt and application vf renis, issues or pratits, 7rustee nr
<br />L.�ndar shall � entitlad ta exercise every risht provided for in the Nota pr the Relafed pocuments ar by law upon the
<br />ar.currence of any event af default, including tha rlght ta exercise the �nwer af sale;
<br />(b) Gommence an actlan to farec�ose this De� of Trust as a rrwr[�gag�, appoint a receiver ar specif�cally enforce any of the
<br />covenants hereaf; and
<br />(c) C7eiiver ta 7rustee a written declaration of default and de►n�nd far sale and a written natice of default and electinn to
<br />cause TrustoPs Itrterest In fhe Property ta be sald, which notioe Tru�6ae shafl cau�a ta be dvly flted for rscord in the
<br />apprapriate offiaes af th� Cnunty tn whic� the Prvperty is lacated; and
<br />{d) Wfth respect to ali or any part of the p�rsonal prpAerty, Lender shall have atl th� rights and rernedies of a secursd party
<br />under the Nebraska Uniforrri Commercial Code.
<br />For�eclosure by Power of Sa1e. If Lender elects to fore�lose by exerclse af the Pt�wer of Sale herein cantained, Lendar shall notify
<br />Trustee and shall depasit with Trustee thls �eed of Trust and the Note �nd such receipts end evid�nc� of ex�enditures made and
<br />secured by thls Deed of Trusk aB `Crustea may require.
<br />(a) IJpon receipt of such nopce from Lender, Trustee shsll cause ta be r�cordeti, �ubl�hed and delivered to Trustar such
<br />Notive of Default and Notice oi Sale sa then required by law and by thls D�d vf Truat. Trustae shall, withowt demand on
<br />Trustor, after such tlme as may then he r+�quired by law and after racord�tlon of such Notk:e of Defiault and atter Notice of
<br />Sa1� having been given as r�quirad by faw, �e�l the Property at the time and place pf sate fuced by it in such lVotice af Sale,
<br />either as a whole, or in aeparate Ints or parcals or items as Tru�tee �hall deem expedient, and Itt suoh order as it may
<br />deteRnine, at public auc�tion to the highsst bidder fvr cash In lawful maney of the Unf6ad 5tates payable at tt�e time of safe.
<br />Trustee shall delivsr ta sud� purchaser or purcha�ers thereof its good and sufficierrt devd ar d�eds cnnvey(ng the property so
<br />sold, but without any oovenant or w�rrant�r, axpress or implied. The reatals in such deed of arry matters ar facts shalf be
<br />conclusive proat nf tha truthfulness therevf, Any pe�son, including without limffation Trustpr, Trustee, pr Ler�aier, may
<br />purchase st such aale.
<br />(b) As may be permitted by faw, aft�r deducUng all costs, fees and expenses of Trustee and of this Trust, including costs of
<br />evidenas � tftle in cannecGan with sala, Trustee shail apply the proo�eds of safe to payment af (i) all sums expended under
<br />the terms of this Daed af Tnast ar und�r the terms of the fVote not then repaid, including but nat limibed ix� accrued Interest
<br />and late charges, (if) alf othar �ums th�n secured hereby, and (iti) � remainder, if any, to the persqn or persons legally
<br />entitled thereto.
<br />(c) Trustee may in tha manner provided by law postppne sale of afl or any portion of the Property.
<br />liemedies Not Exclusive. 'frustee and i..ender, and each of them, shall be antltled to enfarce payment and perform�nce of any
<br />indebtedr�ss or obiigations secured by t�is peed of Trust and to exercisa all rl�hts �nd power� ur�der this Deed ot Trust, under the
<br />Note, under any of tt�e Related Dacuments, nr under any other agreerr�nt or any kaws now or hereafter in fiorce; natwithstanding,
<br />some or all af such indebtedness and obligations secured by thie� Deed a� Trust may now or hereafter be att�erwise secured, whether
<br />by rrwrtgage, deed af #rust, piedge, lien, assignrnent or otherwise. Neithe► the �ccepiance of this Deed af 7rust nor Its vnforcement,
<br />whethsr by caurt mctinn ar pur�uant to the pawer af sale er other porvers c�ntained In this Deed of �'rust, sh�ll prejudioe or in arry
<br />manr�er atfect Trustae's or Lencter's right to realize upan ar anforce any ather securiry now or hereafter hetd by Truste� ar Lender, it
<br />being agreed thaf Trustee and Lender, and aach of tham, shall be entftled ta enforce this Deed of Trust and any pther security npw vr
<br />her�zaf't�r held by L.ender pr Trustee in such order and manner as they or either of them may in their absalute discreFion determine. Na
<br />remedy canferred upon or reserv� to Trustee or Lender, ts' IMendad ta be exd�ive af any ather ►eme0y in this Deed af Trust or by
<br />law provided or p�rmitted, but each shall t�e cumulative and shall he in addition to every other remedy given in this �eed ofi �"rust or
<br />now ar hereafter e�ctsting at law or in equ[ty pr by �taiute, Every power or r+amady given By the Note or any of the Re�ated Documents
<br />to 7rus�6ee or Lender ar ta which either aF them may be otherwise entitled, may be exe�rcisad, concurrently or (ndependendy, from time
<br />ta tirrse and as often as may be deamed expedient by Trustee or l.�nder, and eith�r af tt7am may pursue incansistent remedies.
<br />Nofhing in this Deed of Trust shal] be oonstrued as prohibiting Lender from seeking s deflciency judqment aq�Inst the Trustor to the
<br />ext�rrt such action ia permitted by le�w.
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