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2oioo9so� <br />thereof, including those past due and unpaid, and apply the same, less costs and expenses of <br />operation and collection, including attomey's fees, upon any indebtedn�ss secured hereby, all in such <br />order as Beneficiary may determine. The entering upon and taking possessian of the Trust �state, the <br />collectipn of such rents, issues and profits and the application th�r�of as aforesaid, shall not cure nr waive <br />any default or notice of default hereunder ar invalidate any act done in response to such default or <br />pursuant to such notice of default and, notwithstanding the continuance in possessian �f the Trust Estate <br />or the collection, receipt and applicatian of rents, issues or profits, Trustee or Beneficiary shall be entitled <br />to exercise every right provided for in any of the Loan Instruments or by law upon occurrence of any euent <br />of default, including the right to exercise the power of sale; <br />(b) Commence an action to forec�ose this beed of Trust as a mortgage, appoint a receiver, or <br />specifically enforce any af the covenants hereof; <br />(c) b�liver to Trustee a written declaratipn of default and demand for sale, and a written notice of <br />default and election tn cause Trustor's interest in the Trust Estate ta be sold, which notice Trustee shall <br />cause to be duly filed for record in the appropriate Qfficial Records of the County in which the Trust Estate <br />is lacated. <br />11. FORECLOSUR� BY POWER OF.SAL�. Should B�neficiary elect to foreclose by �xercise of <br />the Power of Sale herein contained, Ben�ficiary shall nptify Trustee and shall deposit with Trustee triis <br />Deed af Trust and the No#e and such r�c�ipts and evidence of expenditures made and secured hereby as <br />Trustee may require. <br />(a) Upan receipt of such notice from Ben�ficiary, Trustee shall cause to be recorded, published <br />and delivered to Trustar such Notice �f Default and Notice of Sal� as tfien required by law and by this <br />Deed of Trust. Trustee shall, without demand on Trustor, after such time as may then be required by law <br />and after recordation of such Notice af Default and after Notice of Sale having been given as required by <br />law, sell the Trust Estate at the time and place of sal� fixed by it in such Notice of Sale, either as a whole, <br />or in separate lots or parcels ar items as Trustee shall deem expedient, and in such order as it may <br />determin�, at public auction to the highest bidder for cash, in lawful money of the United States, payable at <br />the time af sale. Trustee shall deliver to sur,h purchaser or purchasers thereof, its gaod and sufficient <br />deed or deeds, conveying khe property so sold, but without any covenant or warranty, express or implied. <br />The recitals in such deed of any matters or facts shall be conclusive pronf af the truthfulness thereof. Any <br />person, including, without limitation, Trustar, Trustee, and Beneficiary, may purchase at such sale, and <br />Trustor hereby covenants to warrant and defend #h� title of such purchaser or purchasers. <br />(b) As may be permitted by law, after d�ducting all costs, fees, expenses of Trustee and of this <br />Trust, including costs of evidence of title in conn�ction with sale, Trustee shall apply the proceeds of sale <br />to payment af (i) all sums expended under the terms hereof, not then repaid, with accrued intPrest at 12 <br />percent per annum, (ii) all ath�r sums then secured hereby, and (iii) the remainder, if any, to the perspn or <br />persons legally entitled thereto. <br />(c) Trustee may, in the manner provided by law, postpone sale of all ar any portion of the Truskee <br />Estate. <br />12. REM�DIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall be entitl�d <br />to enforce payment and performance of any indebtedness or obligations secur�d hereby and to exercise <br />all rights and powers under this beed of Trust or under any Loan Instrument or other agreement or any <br />laws now or hereafter in force, notwithstanding some or all of the such indebtedness and obligatians <br />secured hereby may now or hereafter be otherwise secured, whether by mortgag�, deed of trust, pledge, <br />lien, assignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement whether <br />by court action or pursuant to the power of sale or other pow�rs herein contained, shall prejudice or in any <br />manner aff�ct Trustee's or Beneficiary's right to realize upon pr enforce any other security naw or <br />hereafter held by Trustee or �3eneficiary, it being agreed that T�uskee and B�n�ficiary, and each of them, <br />shall be entitled to enforce this Deed of Trust and any other security now or hereafiter held by Beneficiary <br />or Trustee, in such order and manner as they or either of th�m may in their absolute discretion determine. <br />No remedy herein conferred upon or reserved to Trustee ar Beneficiary is intended to be exclusiue of any <br />other remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition <br />to every other remedy given hereunder or now or hereafter existing at law or in equity or by Statute. Every <br />power or remedy given by any af the Loan Instruments to Trust�e or Beneficiary or to which either of th�m <br />may be otherwise entitled, may be exercised, concurrently or independently, from time ta time, and as <br />aften as may be deemed expedient by Trustee ar Beneficiary; and eikher of them may pursue inconsistent <br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency <br />judgment against the Trustor ta the extent such action is permitt�d by law. <br />13. REQUEST FOR NOTIC�. Trustor herepy requests a copy of any notice af default, and that <br />any notice of sale hereunder be mailed to it at the address set forth in the first paragraph af this Deed of <br />Trust. <br />14. GOV�RNING LAW. This Deed of Trust shall be gov�rned by the laws af the Stat� of <br />Nebraska. In the event that any provisian ar clause af any of the Laan Instruments conflicts with applicable <br />