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<br />DEED OF TRUST
<br />(Continued)
<br />bankruptcy or insolvency laws by or against Trustor,
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<br />��.i��,�7��j� Page4
<br />Taking of the Property. Any creditor or gavernmental agency tries to take any pf the Property or any other of Trustor's property in
<br />which Lender has a lien. This includes taking of, garnishing of or levying on Trustor's accounts with Lender. However, if Trustor
<br />disputes in good faith whether the claim on which the taking of the Property is based is valid or reasonable, and if Trustor gives
<br />Lender written notice of the claim and furnishes Lender with monies or a surety bond satisfactory to Lender to satisfy the claim, then
<br />this default provision will not apply.
<br />8reach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that is not
<br />remedied within any grace period provided therein, including without limitation any agreement concerning any indebtedness or other
<br />obligation of Trustor to Lender, whether existing now or later.
<br />Events Affecting Guarantor, Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation
<br />party of any pf the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or 6ecomes incompetent, or
<br />revokes or disputes the validity af, or liability under, any Guaranty of the Indebtedness.
<br />Insecurity. Lender in good faith believe& itself insecure.
<br />RIGHTS AND REMEDIES ON �EFAULT. If an Event of Default occurs under this �eed of Trust, at any time thereafter, Trustee or Lender
<br />may exercise any one or more of the following rightg and remedies:
<br />Accaleration Upon Default; Addltlonal Remedles. 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 thereuppn become
<br />due and payabie withput any presentment, demand, protest or notice of any kind. Thereafter, Lender may:
<br />(�) 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 to the adequacy af its security, enter upon and take possession of the Property, or any part thereof, in its
<br />own name or in the name pf Trustee, and do any acts which it deems necessary or desirabla ta preserve the value,
<br />marketability or rentability of the Prpperty, pr 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 for pr otherwise
<br />collect the rents, issues and proflts of the PropeRy, including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collectlon attorneys' fees, to any indebtedness secured by this Deed of 7rust, all in such order as
<br />Lender may determine, The entering upon and taking possession nf the PropeRy, 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 of sale;
<br />(b) Commence an action to foreclose this Deed of Trust as a moRgage, appoint a receiver or specifically enforce any of the
<br />covenants hereof; and
<br />(c) Deliver to Trustee a written declaration of default and demand fpr sale and a written notice of default and election to
<br />cause Trustor's interest in the Property to be sold, which notice Trustee shall cause to be duly filed for record in the
<br />appropriate o�ces of the County in which the Property is located; and
<br />(d) With resped 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 Unifprm Commercial Cqde.
<br />Foreclosure hy Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein cpntained, Lender shall notify
<br />7rustee and shall deposit with Trustes this Deed of Trust and the Note and such receipts and evidence of expenditures made and
<br />secured by this peed of Trust as Trustee may require. _..
<br />(a) Upon receipt af such notice from Lender, Trustee shall casase to be recorded, published and delivered to Trustor such
<br />Notice of befault and Notice of Sale as then required by law and by this Deed of Trust. Trustee shall, without demand on
<br />7rustor, after such time as may then be required by law and after recardation pf 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 mpney of the United States payable at the time of sale.
<br />Trustee shall deliver to such purchaser or purchasers thereof its good and su�cient deed or deeds conveying the property so
<br />sold, but without any wvenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be
<br />conclusive proof of the truthfulness thereof. Any person, including without limitation Trustor, Trustee, or Lender, may
<br />purchase at such sale.
<br />(b) 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 of this Deed ot Trust or under the terms of the Note not then repaid, including but not limited to accru�d 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 />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Excluslva. Trustee and Lender, and eaah of them, shall be entitled to enforce payment and performance of any
<br />indebtedness or obligations secured by this Deed af Trust and ta exercise all rights and powers under this Deed of 7rust, under the
<br />Note, under any of the Related Documents, or under any other agreement or any laws now or hereafter in force; notwithstanding,
<br />some or all of such indebtedness and obligatfons secured by this Dead of Trust may now or hereafter be otherwise s�cured, whether
<br />by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither ths acceptance of this Deed of Trust nor its enforcement,
<br />whether by court action or pursuant to the power of sale or pther powers contained in this Deed of 7rust, shall prejudice or in any
<br />manner affect Trustee's or Lender's right to realize upon or enforce any other security now or hereafter held by Trustee or Lender, it
<br />6eing agreed that Trustee and Lender, and each of them, shall be entitled to enforce this Deed of Trust and any other security now or
<br />hereafter held by Lender or Trustee in such order and manner as they or either of them may in their absolute discretion determine. No
<br />remedy conferred upon or reserved to Trustee or Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by
<br />law p►ovided or permitted, but each shalF 6e cumulative and shaR be in additian ta every other rerriedy given irr this Deed of Trust or
<br />now or hereafter existing at law or in equity or by statute. Every power or remedy given by the Note or any of the Related Documents
<br />to Trustee or Lender or to which either of them may be otherwise entitled, may 6e exercised, concurrently or independently, frpm time
<br />to time and as often as may be deemed expedient by Trustee or Lender, and either of them may pursue inconsistent remedies.
<br />Nothing in this Deed of Trust shall be construed as prohibiting Lender from seeking a deficiency judgment against the Trustor to the
<br />extent such action is permitted by law.
<br />Elactlon of Remedles. All of Lender's rights and remedies will be cumulative and may be exercised alone or together. If Lender
<br />decides to spend money or to pertarm any pf l"rustor's obligations under this Deed of Trust, after Trustor's failure to do so, that
<br />decision by Lender will not affect Lender's right to declare Trustor in default and to exercise Lender's remedles.
<br />Request for Notice. Trustor, on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default and a copy of any
<br />Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first paragraph of this Deed of Trust.
<br />Attorneys' Fess; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Deed of 7rust, Lender shall be
<br />entitled to recover such sum as the court may adjudge reasonable as attarneys' fees at trial and upon any appeal. Whether pr not any
<br />court action is invplved, and to the extent not prohibited by law, all reasonable expsnses Lender incurs that in Lender's opinion are
<br />necessary at any time for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable
<br />on demand and shall bear interest at the Npte rete from the date of the expenditure until repaid. Expenses covered by this paragraph
<br />include, without limitation, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses,
<br />whether or not there is a lawsuit, including attorneys' fees and expenses for bankruptcy proceedings (including efforts to modity or
<br />vacate any automat(c stay or injunction), appeals, and any anticipated post-judgment collection services, the cost of searching
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