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2. Taxes. Trustor snafl �ay each ins;allment of all taxes and speciai assessments of every kind, now or hereafter
<br /> levied agaisist :he Trust Estate or any �art thereor, �efore delinpuency, without �atice or demand.
<br /> 3. /nsry-ance and Repairs Trustor shail maintain �ire and extended coverage insurance insuring the Improvements �
<br /> canstitutinq part of the Trust Estate `or such amounts and on suc;� terms reasonably satisfactory to Beneticiary. Sa Iang as the �j
<br /> Properry is secu�ed by a first deed of ;rust or mortgaqe, comoliance with the insurance requirements of the first desd of trust or
<br /> mortgage shalt be sufficient to sarisry *,he requirements or ;his paraqraph 3 relanng to insurance. �
<br /> Trustor snail �romotty repair and replace t2�:e Trust Estate or an o c ~
<br /> y part ;tiereaf so :hat, exc..pt for ordinary wear and tear, �
<br /> the �rust Estate shall not deteriorate. In no event snall the Trustor commit wase on or to the Trust Estate, or commit, suffer or �
<br /> permit any ac;;o be done in or upan the�rust Es:ate in violation of any law, ordinance or regutation. Trustor shall pay and prompity �
<br /> discnarge at Trustor's cost and �xoense all liens, encumorances and charges Ievieb, imposed or assessed againsr the Trust sqte
<br /> or any part thereaf.
<br /> F"�
<br /> 4. Actions Affecting Trust Estare. Trustor shall appear in and corttest any ac5on or procaeding purportinq to affect
<br /> the secunty hereflf or the rights or powers of Beneficiary or Trustee, and shall pay all casts and expenses,including cast of evidence
<br /> of title and attomeys' fess, in any such ac;ion or proceeding in which Beneficiary or Trustee may appear. If Trustor fails to make
<br /> any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and/or Trusiee, each in
<br /> their own discretion, without obligation so to do and without notice to or demand upon Trustor and withaut releasinq Truy-tor from
<br /> any obligation, may make or do the same in such manner and to such extent as either may deem necessary to protec;tfie securiry
<br /> hereof. Trustar shall, immediatety upon demand therefor by Beneficiary, pay all costs and expenses incurced by Beneficiary in
<br /> cannection with the exercise by Beneric:ary of the `oregoing riqhts, includinq without limitation costs of evidence of title, court
<br /> cost5, �ppraisais, surveys and attomeys' fees.
<br /> 5. Emine�t Domain. If the Trust Estate, or any part thereof or irnerest therein, be taken or damaged by reason of
<br /> any public improvement or condemnation proceedinq, or in any other manner inc:uding deed in lieu thereof ("Condemnation"�, or
<br /> if Trustor receives any notice or other inrormation regardinq suc:� proceeding, Trustor shall give promot written notica thereof to
<br /> Benericiary. Trustor shall be entitle� to all comoensation, awards and other payments or relief thereof and shail be antitled at its
<br /> ootion to commenc�, aopear in anc �ros2cute in its �wn name any ac:ion or prcc�edings. Trustor shall also �e entitled to make
<br /> any comoromise or se;-!ement in ccrne�;ion with sucn ;aking er damage.
<br /> 3. :3ppointment or Succsssor T�us.•ee. 3e^e*iciarv mav, `rom time *o 'ime, by a written instrument sxecuted and
<br /> ac:<rowiedged �y 3ene*ic:ary, maiiec �c �rusmr ane ;s��rQea in ;ne Counr� in wnic� the Trust Es:ate �s locatee anc �y otherwise
<br /> ��moiying �rvith tne �rov�sions or ,;,e acciicabie law �f -he Stat= or Nebrasxa sucs;itute a succ�ssor or succ�ssors -o :he �rustee
<br /> named herein or ;c-,tnq nereunder.
<br /> i• Successo�s andAssigns. This Second Cesd or Trust aoolies�o, inures to the benerit of and binas all carties nereto.
<br /> �heir neirs. !egat°es, Ceviseas, persanai r��res�ntarives, successors and assigns. �ne term "8enericiary" shall mean t�e owner and
<br /> noider or any promissory note given ;o oeneTiciary, ;wne:ner or not named as 9eneficiary nerein].
<br /> 8. Merger, Consolidation, Sa/es or Leases. Trustor covenants that Trustpr �Niil not sell, lease or other�vise disoose
<br /> of any of-he Trus2 Estate. In the event that Trustor sells, leases ar otherwise disooses of any part or the Trus2 �state, Benericiary
<br /> may at its opcion dec:are the Indebteaness sec�red hereby immediately due and payabte, whether or not any deiault exists.
<br /> 3eneficiary shall consent to a trans;"er or the Trust Estate to a third party to the �xtent such third party mee±s the requirements
<br /> contained in, and assumes *.he obligations set forth in 2he F'rrst Deed of Trust, The cavenants contained here+n shall run ��vith the
<br /> Property and shall remain in full force and effect unnl the Indebtedness is paid in rull.
<br /> °. E�e�ts of Defau/t. Any of the following events shall be deemed an event of default hereunder:
<br /> (al default shalt be made in the payment of the Indebtedness or any other sum secured hereby when due;
<br /> or
<br /> (bl Trus2or shall perform any ac; in bankruptcy; or
<br /> (c) a court of competent jurisdic�on shall enter an order,judqment or decree approving a petition filed against
<br /> Trustor seekinq any reorganization, dissolutian or similar relief under any present or future federal, state or other statute,
<br /> law or regulation relating to bankruptcy, insolvency or other relief for debtors, and such order, judqment or decree snall
<br /> remain unvacated and unstayed for an aggreqate of sixry (60)days(whether or not consecutivel fram the firsr date of entry
<br /> thereof; or any trustee, receiver or liquidator or Trustor or of all or any part of the Trust Estate, or of any or all of the
<br /> roYalties, revenues, rents, issues or profits thereof, shall be appainted without the consent or acquiescence of Trustor and
<br /> such appointment shall remain unvacated and unstayed for an aggregate of sixry (6o) days (whether or not cansecutive};
<br /> or
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