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Loan No: 101242090 D E Con nued) � 0 �� 0 �� r � page 6
<br />securing the Indebtedness. This includes e garnishment of eny of Borrower's or Trustor's accounts, including deposit accounts, with
<br />Lender. However, this Event of Default shall not apply if there is a good faith dispute by Borrower or Trustor as to the validity or
<br />reasanableness of the ciaim which is the besis of the creditor or forfeiture proceeding end if Borrower or Trustor gives Lender written
<br />notice of the creditor or forfeiture praceeding and deposits with Lender monies or e surety bond for the creditor or forfeiture
<br />proceeding, in an amount determined by Lender, in its sole discretion, as being an edequate reserve or bond for the dispute.
<br />Breach of Other Agreement. Any breach by Borrower or Trustor under the terms af any other egreement between Borrower or
<br />Trustor and Lender that is not remedied within any grace period provided therein, including without limitetion any agreement
<br />concerning any indebtedness or other obligation of Borrower or Trustor to Lender, whether existing now or leter.
<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation
<br />party of any of the Indebtedness or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or
<br />revokes or disputes the validity of, or Iiability under, eny Guaranty of the Indebtedness.
<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 />Existing Indebtedness. The payment of any installment of principal or any interest on the Existing Indebtedness is not made within the
<br />time required by the pramissory note evidencing such indebtedness, or a default occurs under the instrument securing �uch
<br />indebtedness and is not cured during any applicable grace period in such instrument, or any suit or other action is commenced to
<br />foreclose any existing lien on the Property.
<br />Right to Cure. If any default, other than a default in payment is curable and if Trustor has not been given a notice of a breach of the
<br />same provision of this Deed of Trust within the preceding twelve (12) months, it may be cured if Trustor, after Lender sends written
<br />notice to Borrower demanding cure of such default: (11 cures the default within fifteen 115) days; or (2) if the cure requires more
<br />than fifteen (15) days, immediately initiates steps which Lender deems in Lender's sole discretion to be sufficient to cure the default
<br />and thereafter continues and completes all reasonable and necessary steps sufficient to produce compliance as saon es reasonably
<br />practical.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default oCCUrs under this Deed of Trust, at any time thereafter, Trustee ar Lender
<br />may exercise any one or more of the following rights and remedies:
<br />Acceleration Upon Default; Additional 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 thereupon become
<br />due and payable without any presentment, demand, protest or notice of any kind. Thereefter, Lender may:
<br />(a) 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 of its security, enter upon and take possession of the Property, or any part tNereof, in its
<br />own name or in the neme of Trustee, and do any acts which it deems necessary or desirable to preserve the value,
<br />marketability or rentability of the Property, or part of the Property or interest in the 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 Property, including those past due and unpeid, 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 order as
<br />Lender may determine. The entering upon and taking possession of the Property, the collection of such rents, issues and
<br />profits, and the applicatian thereof shall not cure or waive any default or notice of defeult under this Deed of Trust or
<br />invalidate any act done in response to such default or pursuant to such notice of default; end, 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 mortgage, 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 for sale and a written notice of defeult end election to
<br />cause Trustor's interest in the Property to be sold, which notice Trustee shall ceuse to be duly filed for record in the
<br />appropriate offices of the County in which the Property is located; and
<br />(d) With respect to aIl or any part of the Personal Property, Lender shall have all the rights and remedies of a secured party
<br />under the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sele herein conteined, Lender shell notify
<br />Trustee and shall deposit with Trustee this Deed of Trust and the Note end such receipts and evidence of expenditures made and
<br />secured by this Deed of Trust as Trustee may require.
<br />(al Upon receipt of such notice from Lender, Trustee shell cause to be recorded, published end delivered to 7rustor such
<br />Notice of Default and Notice of Sale as then required by law and by this Deed of Trust. Trustee shall, without demend on
<br />Trustor, after such time as may then be required by law and efter recordation of such Notice of Defeult and efter 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 seperate Iots or parcels or items as Trustee shall deem expedient, and in such order as it may
<br />determine, et public auction to the highest bidder for cash in lawful money of the United States payable at the time of sale.
<br />Trustee shell 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 warrenty, express or implied. TNe recitals in such deed of any matters or facts shall be
<br />conclusive proof of the truthfulness thereof. Any perso�l, irtcluding without limitation Trustor, Trustee, or Lender, may
<br />purchase at such sale.
<br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this Trust, including costs of
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