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2U1104152 <br />pursuant to such notice of default; and, notwithstanding the continuance in possession of the <br />Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender <br />shall be entitled to exercise every right provided for in the Notes or the Related Documents or by <br />law upon the occurrence of any Event of Default, including the right to exercise the power of <br />sale; and <br />(b) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver or <br />specifically enforce any of the covenants hereof; and <br />(c) Deliver to Trustee a written declaration of default and demand for sale and a written notice of <br />default and election to cause Trustor's interest in the Property to be sold, which notice Trustee <br />shall cause to be duly filed for record in the appropriate o�ces of the County in which the <br />Property is located; and <br />(d) With respect to all or any part of the Personal Property, Lender shall have all the rights and <br />remedies of a secured party under the Nebraska Uniform Commercial Code. <br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein <br />contained, Lender shall notify Trustee and shall deposit with Trustee this Deed of Trust and the <br />Notes and such receipts and evidence of expenditures made and secured by this Deed of Trust as <br />Trustee may require. <br />(a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and <br />delivered to Trustor such Notice of Default and Notice of Sale as then required by law and by this <br />Deed of Trust. Trustee shall, without demand on Trustor, after such time as may then be required <br />by law and after recordation of such Notice of Default and after Notice of Sale having been given <br />as required by law, sell the Properly at the time and place of sale fixed by it in such Notice of <br />Sale, either as a whole, or in separate lots or parcels or items as Trustee shall deem expedient, and <br />in such order as it may determine, at public auction to the highest bidder for cash in lawful money <br />of the United States payable at the time of sale. Trustee shall deliver to such purchaser or <br />purchasers thereof its good and sufficient deed or deeds conveying the properiy so sold, but <br />without any covenant or warranty, express or implied. The recitals in such deed of any matters or <br />facts shall be conclusive proof of the truthfulness thereof. Any person, including without <br />limitation Trustor, Trustee, or Lender, may purchase at such sale. <br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of <br />this Deed of Trust, including costs of evidence of title in connection with sale, Trustee shall apply <br />the proceeds of sale to payment of (1) all sums expended under the terms of this Deed of Trust or <br />under the terms of the Notes not then repaid, including but not limited to accrued interest and late <br />charges, (2) all other sums than secured hereby, and (3) the remainder, if any, to the person or <br />persons legally entitled thereto. <br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the <br />Property. <br />Remedies Not E$clusive. Trustee and Lender, and each of them, shall be entitled to enforce payment <br />and performance of any Indebtedness or obligations secured by this Deed of Trust and to exercise all <br />rights and powers under this Deed of Trust, under the Notes, under any of the Related Documents, or <br />under any other agreement or any laws now or hereafter in force, notwithstanding, some or all of such <br />Indebtedness and obligations secured by this Deed of Trust may now or hereafter be otherwise <br />secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise, Neither the <br />JLR/394902.5 11 <br />