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<br />Loan Na: 1 p 9 237326
<br />DEED QF TRUST 2010� ss 9v
<br />(Continuedl
<br />Page 6
<br />Adverse Change. A material adverse change occurs in Borrower's or Trustor's financial condition, or Lender believes the prospect of
<br />payment or performance of the Indebtedness is impaired.
<br />Insecurity. Lender in good faith believes itself insecure.
<br />Right to Cure. If any default, other.than a default in payment is curable and if Trustor has not kaeen given.a notice.qf.a. b.reach.pf, th�.,
<br />same provision of this Deed of Trust within the preceding twelve (12) months, it may be cured if Trustar, aher Lender sends written
<br />notice to Borrower demanding cure of such default: (1) cures the default within fifteen (15) days; or (2) if the cure requires more
<br />than fifteen 115) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient ta cure the default
<br />and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as soon as reasonably
<br />practical.
<br />FtIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Trust, at any time thereafter, Trustee or Lander
<br />may exercise any one or mare of the following rights and remedies:
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Nate secured hereby,
<br />Lender may declare all Indebtedness secured by this Deed of 7rust to be due and payable and the same shell thereupon become
<br />due and payable without any presentment, demand, protest ar notice of any kind. Thereafter, Lender may:
<br />(a) Either in person or by egent, with or without 6ringing any action or proceeding, or by a receiver appointed by a court and
<br />without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, in its
<br />nwn name nr in the name of Trustee, and do any acts which it deems necessary nr desirable to preserve the value,
<br />marketability or rentability of the Property, or part of the Property or intarest in tha Property; increase the income from the
<br />Property or protect the security of the Property; and, with or without taking possession of the Property, sue for or otherwise
<br />collect the rents, issues and profits of the Praperty, including those past due and unpaid, and apply the same, less costs and
<br />expenses of operation and collection attorneys' fees, to any indebtedness secured by this Deed of Trust, all in such ardar as
<br />Lender may determine. The entering upon and taking possession of the Property, the collection of such rents, issues end
<br />profits, and the application thereof shall not cure or waive any default or natice of default under this Deed nf Trust nr
<br />invalidate any act done in response to such default or pursuant to such notice of default; and, notwithstanding the
<br />continuance in possession ot the Property or the collection, receipt and application of rents, issues or profits, Trustee or
<br />Lender shall be entitled to exercise every right prnvided 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 mortgage, appoint a receiver or specifically enforce any of the
<br />covenants hereot; and
<br />(c) Delivsr to Trustee a written declaration of default and demand for sale and a written notice of default and electipn 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 offices of the County in which the Property is Iocated; and
<br />(d) With respect to all or any part of the Personal Property, Lender shall have all the rights and remedias of a secured party
<br />under the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of 5ala. If Lender elects to foreclose by exercise of the Power of Sale herein contained, Lender shall notify
<br />Trustee and shall depasit with Trustee this Deed of Trust and the Note and such receipts and evidence of expenditures made and
<br />secured by this Deed of Trust as Trustee may require.
<br />(a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and delivered ta Trustor such
<br />Notice of Defeult and Notice of 5ale as then required by law and by this Deed of Trust. Trustee shall, without demand on
<br />Trustor, after such time as may then be required by law and after recordation of such Notice of Default and after Notice of
<br />5ale having been given as required by law, sell the Property at the time and place of sale fixed by it in such Notice of 5ale,
<br />either as a whole, or in separata 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 money of the United States payable at the time of sale.
<br />Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so
<br />sold, but without any covenant or warranty, express or implied. 7he recitals in such deed of any matters or facts shall be
<br />conclusive proof of the truthfulness thereof. Any person, including withput limitation Trustor, Trustee, or Lender, may
<br />purchase at such sale.
<br />(b) As may be permitted by law, after deducting all costs, fees end expenses of Trustee and of this Trust, including costs of
<br />evidence of title in connection with sale, Trustee shall epply the proceeds of sale to payment of (i) all sums expended under
<br />the terms of this Deed of Trust or under the terms of the Note not then repaid, including but not limited to accrued interest
<br />and late charges, (ii) all other sums then secured hereby, and (iiil the remainder, if any, to the person or persons lagally
<br />entitled thereto.
<br />(c) Trustae may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusiue. 7rustee and Lender, and each of them, shall be entitled to enforce payment and performance of any
<br />indebtedness or obligativns secured by this Deed of Trust and to 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 obligations secured by this Deed of Trust may now or hereafter be otherwise secured, whether
<br />by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement,
<br />whether by court action vr pursuant to the power of sale or other powers contained in this Deed of Trust, 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 />being 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 tv Trustee or Lander, is intended to be exclusive of any other remedy in this Deed of Trust or py
<br />law provided or permitted, but each shall be cumulative and shall be in addition to every other remedy given in this Deed of 7rust or
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