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DEED OF TRUST �� 11 � 8 7�� Page 7
<br />Loan No: 101246947 (Continued)
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<br />Trustee or Lender mey exercise any one or more of the following rights and remedies:
<br />Acceleration Upon Default; Additional Remedies. If any Event of Default occurs as per the terms of the Note
<br />secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and peyable and
<br />the same shall thereupon become due end payable without eny presentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may:
<br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by e receiver
<br />eppointed by a court and without regard to the adequacy of its security, enter upon and take possession
<br />of the Property, or eny part thereof, in its own name or in the name of Trustee, and do any acts which it
<br />deems necessary or desirable to preserve the value, merketability or rentability of the Property, or part of
<br />the Property or interest in the Property; increase the income from the Property or protect the security of
<br />the Property; and, with or without taking possession of the Property, sue for or otherwise collect the
<br />rents, issues and profits of the Property, including those past due and unpeid, and apply the same, less
<br />costs and expenses of operetion and collection ettorneys' fees, to any indebtedness secured by this Deed
<br />of Trust, all in such order as Lender may determine. The entering upon end taking possession of the
<br />Property, the collection of such rents, issues and profits, and the applicat(on thereof shall not cure or
<br />waive any default or notice of default under this Deed of Trust or invelidate eny act done in response to
<br />such defeult or pursuant to such notice of default; and, notwithstanding the continuance in possession of
<br />the Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender shell
<br />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 ection to foreclose this Deed of Trust as e mortgage, eppoint a receiver or specificelly
<br />enforce any of the covenanta hereof; and
<br />(c) Deliver to Trustee a written declaration of default and demend for sele end a written notice of default
<br />end election to cause Trustor's interest in the Property to be sold, which notice Trustee shall cause to be
<br />duly filed for record in the appropriate offices of the County in which the Property is located; end
<br />(d) �th respect to all or eny part of the Personal Property, Lender shall have all the rights and remedies
<br />of a secured party under the Nebraska Uniform Commercial Code.
<br />Foreclosure by Power of Sate. If Lender elects to foreclose by exercise of the Power of Sale herein contained,
<br />Lender shell notify Trustee and shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br />and evidence of expenditures mede and secured by this Deed of Trust as Trustee may require.
<br />(a1 Upon receipt of such notice from Lender, Trustee shall cause to ba recorded, published and delivered
<br />to Trustor such Notice of Default and Notice of Sale es then required by law and by this Deed of Trust,
<br />Trustee shell, without demand on Trustor, after such time es may then be required by lew and after
<br />recordation of such Notice of Default and after Notice of Sale having been given as required by law, sell
<br />the Property at the time and place of sale fixed by it in such Notice of Sale, either as e whole, or in
<br />separete lots or parcels or items as Trustee shall deem expedient, and in such order es it mey determine,
<br />at public auctfon to the highest bidder for cash in lawful money of the United States payable et the time
<br />of sele. Trustee shall deliver to such purcheser or purchasers thereof its good and sufficient deed or
<br />deeds conveying the property so sold, but without any covenant or warranty, express or implied. The
<br />recitals in such deed of any mattera or facta shall be cortclusive proof of the truthfulness thereof. Any
<br />person, including without limitation Trustor, Trustee, or Lender, may purchase et such sale.
<br />(b) As may be permitted by law, efter deducting all costs, fees and expenses of Trustee and of this
<br />Trust, including costs of evidence of title in connection with sele, Trustee shall apply the proceeds of sele
<br />to peyment of U) all sums expended under the terms of this Deed of Trust or under the terms of the Note
<br />not then repaid, including but not Iimited to accrued interest end late cherges, (ii) all other sums then
<br />secured hereby, and (iii) the remainder, it any, to the person or persons legelly entitled thereto.
<br />(c) Trustee mey in the manner provfded by law postpone sale of ell or any portion of the Property.
<br />Remedies Not Exclusive. Trustee end Lender, and each of them, shell be entitled to enforce payment and
<br />performance of any indebtedness or obligations secured by thia Deed of Trust end to exercise all rights and powers
<br />under this Deed of Trust, under the Note, under eny of the Related Documents, or under any other agreement or
<br />any lews now or hereafter in force; notwithstanding, some or ell of such indebtedness and obligations secured by
<br />this Deed of Trust may now or hereafter be othervvise secured, whether by mortgage, deed of trust, pledge, lien,
<br />assignment or othervvfse. Neither the acceptance of this Deed of Trust nor its enforcement, whether by court
<br />action or pursuant to the power of sale or other powers conteined in this Deed of Trust, shall prejudice or in any
<br />menner affect Trustee's or Lender's right to realize upon or enforce any other security now or hareafter held by
<br />Trustee or Lender, it being agreed thet Trustee and Lender, and each of them, shall be entitled to enforce this Deed
<br />ot Trust end any other security now or hereafter held by Lender or Trustee in such order end manner as they or
<br />either of them may in their absolute discretion determfne. No remedy conferred upon or reserved to Trustee or
<br />Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by law provided or permitted, but
<br />each shall be cumulative and shell be in addition to every other remedy given in this Deed of Trust or now or
<br />hereafter existing at law or in equity or by statute. Every power or remedy given by the Note or any of the Related
<br />Documents to Trustee or Lender or to which either of them may be otherwise entitled, mey be exercised,
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