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D (Con�t nued) 2 01 �- 0 5 S 1 S Page 5 <br />same shall thereupon become due and payable without any presentrnent, demand, protest or notice of any kind. <br />Thereafter, Lender may:. <br />(a) Either in person or by agent, with or without bringing any acUon or proceeding, or by a receiver appointed <br />by a court and without regard to the adequacy of its securiiy, enter upon and take possession of the Property, <br />or any part thereof, in fts own name or in the name of Trustee, and do any acis which it deems n�essary or <br />desirable to preserve the value, marketability or rentability of the Property, or part of the Property or interest in <br />the Property; increase the income from the Property or protect the security of the Property; and, with or without <br />taking possession of the Property, sue for or othervvise collect the rents, issues and profits of the Property, <br />including those past due and unpaid, and apply the same, less cosis and expenses of operation and collection <br />attomeys' fees, to any indebtedness secured by this Deed of Trust, all in such order as Lender may determine. <br />The entering upon and taking possession of the Property, the collection of such rents, issues and profds, and <br />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 <br />the continuance in possession of the Property or the collection, receipt and application of rents, issues or <br />profds, Trustee or Lender shall be entiUed to exercise every right provided for in the Note or the Related <br />Documents or by lauv upon the occuRence of any event of default, including the right to exercise the power of <br />sale; , <br />(b) Commence an acUon to foreclose this Deed of Trust as a mortgage, appoint a receiver or specifically <br />enforce any of the covenants hereof; and <br />(c) Deliver to Trustee a written d�laraUon of default and demand for sale and a written notice of default and <br />election to cause Trustor's interest in the Property to be sold, which notice Trustee shall cause to be duly filed <br />for record in the appropriate offices of the Couniy in which the Property is located; and <br />(d) With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies of a <br />secured party under the Nebraska Un'rform Commercial Code. <br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein contained, <br />Lender shall notify Trustee and shall deposit with Trustee this Deed of Trust and the Note and such receipts and <br />evidence of expenditures made and 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 to <br />Trustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust. Trustee <br />shall, without demand on Trustor, after such time as may then be required by law and after recordation of such <br />Notice of Default and after Notice of Sale having been given as required by law, sell the Property at the time <br />and place of sale fixed by it in such NoUce of Sale, efther as a whole, or in separate lots or parcels or ftems as <br />Trustee shall deem expedient, and in such order as it may determine, at public auction to the highest bidder <br />for cash in lawful money of the United States payable at the time of sale. Trustee shall deliver to such <br />purchaser or purchasers thereof its good and sufficient deed or deeds conveying the property so sold, but <br />without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall <br />be conclusive proof of the Vuthfulness thereof. My person, including without limitation Trustor, Trustee, or <br />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 this Trust, <br />including costs of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment <br />of (i) all sums expended under the terms of this Deed of Trust or under the terms of the Note not then repaid, <br />including but not limited to accrued interest and late charges, (ii) all ofher sums then secured hereby, and (iii) <br />,;, _ <br />•' fhe remainder, 'rf any; to the person• or p�rsons iegafiy entftled thereto. <br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Properly: <br />Remedies Not Exclusive: Trustee and Lender, and each of them, shall be entiUed to enforce payment and <br />performance of any indebtedness or obligations s�ured by this Deed of Trust and to exercise all rights and powers <br />under this Deed of Trust, under the Note, under any of the Related Documents, or under any other agreement or any <br />laws now or hereafter in force; notwithstanding, some or all of such indebtedness and obligations secured by this Deed <br />of Trust may now or hereafter be otherwise secured, whether by mortgage, deed of irust, pledge, lien, assignment or <br />otherwise. Neither the acceptance of this Deed of Trust nor fts enforcement, whether by court actlon or pursuant to the <br />power of sale or other powers contained in this Deed of Trust, shall prejudice or in any manner affect Trustee's or <br />Lender's right to realize upon or enforce any other security now or hereafter held by Trustee or Lender, it being agreed <br />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 <br />determine. No remedy conferred upon or reserved to Trustee or Lender, is intended to be exclusive of any other remedy <br />in this Deed of Trust or by law provided or permitted, but each shall be cumulative and shall be in addition to every other <br />remedy given in this Deed of Trust or now or hereafter existing at law or in equity or by statute. Every power or remedy <br />given by the Note or any of the Related Documents to Trustee or Lender or to which e'dher of them may be otherwise <br />entitled, may be exercised, concurrenUy or independenUy, from time to time and as often as may be deemed expedient <br />by Trustee or Lender, and either of them may pursue inconsistent remedies. Nothing in this Deed of Trust shall be <br />construed as prohibiting Lender ftom seeking a deflciency judgment against the Trustor to the extent such action is <br />permitted by law. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an <br />election to make expenditures or to take action to perform an obiigation of Trustor under this Deed of Trust, after <br />Trustor's failure to perform, shall not affect Lender's right to declare a default and exercise its remedies. <br />R�uest for Notice. Trustor, on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default and <br />a copy of any Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth in the flrst paragraph <br />of this Deed of Trust. <br />Attorneys' Fa�;,.Ezpens�. If Lender institutes any suft or action to enforce any of the terms of this Deed of Trust, <br />Lender shall 6e eriti�ed to recover'�such `surn as the court may adjudge reasonable �s attomeys' foes at tria! and upon <br />any appeal. Whether or not any court action is involved, and, to the extent not prohibited by law, all reasonable <br />expenses Lender incurs that fn Lender's opinion are necessary at any time for the protec�on of its interest or the <br />enforcement of its rights shall become a part of the Indebtedness payable on demand and shall bear interest at the Note <br />rate from the date of the expenditure until repafd. Expenses covered by this paragraph include, without limitation, <br />however subject to any limits under applicable law, Lender's attomeys' fees and Lender's legal expenses, whether or not <br />there is a lawsuit, including attomeys' fees and expenses for bankruptcy proceedings (including efforts to mod'rfy or <br />vacate any automatic stay or injunction), appeals, and any anticipated post-judgment collection services, the cost of <br />searching records, obtaining tiUe reports (including foreclosure reports), surveyors' reports, and appraisal fees, title <br />insurance, and fees for the Trustee, to the extent perrnitted by applicable law. Trustor also will pay any court costs, in <br />addition to all other sums provided by law. <br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section. <br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are <br />part of this Deed of Trust: <br />Powers of Trustee. In addition to all powers of Trustee arising as a matter of law, Trustee shall have the power to take <br />the following actions with respect to the Properiy upon the written r�uest of Lender and Trustor: (a) jofn in preparing <br />