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<br /> • 98�-:�.(��14�
<br /> aa�yr�h�nMiv� liability iaeursna� oov�xing tih� pr�wi��• and prot�ctlny tb�
<br /> Mn�fioiary and Tru�tor LraM •il olaiau, dMacnd�, law�uit�, �nd �udqaaner ari�inq out
<br /> o! in�ury to p�r�on• or daa�ay� to prap�rt1� oocurrinq on eh� prop�rey. Th� cov�r+�q�
<br /> dhall b� in an �u�aaunt o! not 1��■ than 4600,000 �l.nyl• limik far badily injury snd
<br /> prap�rty da�aq+•
<br /> a� 1►CS=plls 1�*ssCTit�a TltvsS sssl►TS. Tru�bor �hall app�ar in and coot��ti any
<br /> ao�ion or procNdinq purpox�inQ to ail�ct th� s�r,urity hsrwo! ar th� riqht• or po�r�
<br /> o! �n�liciary or Tru`t�, ansf shaii psy all aoats and expeneee, includi.ng r_ast o!
<br /> ��idma� o! titl� and atto�cn�y'• lM�, i�x �ny �uoh aation ar pzx��dinq in whioh
<br /> an�ficiary or Tru�tw� �+►y app��r. `hould Tru�tor taii to s�k� �ny p+aym�nt o� to do
<br /> any �ct a� and in th� Marin�r provid�d io any o! th� Loan In�trum�nt�, B�n�licisry
<br /> and/or Tru�tM, �ach in it� o�m disor�tion, without ob1LQ�tion, msy mak� or do th�
<br /> •u� is� �uch wnn�r u�d to �uch �xt�nt Rr •iCh�r a►Ry dMa n�c���ary to prot�ct th�
<br /> ��eurity h�r�ai. Tru�tor �hali, iw�di�ti�ly upon d«aand th�z�lor by B�r►�liai�ry, pay
<br /> all cost• aad �xp�n��s incurrd by Mn�lioiary in oonn�ction witl tih� �x�rci�� by
<br /> �ri�fioiary o! th� lor�qoiny right�, inaludinq, without li�wi.tstioa, aost�o!�vid�aa�
<br /> o# titl�, court ao�t�, apprai�al�, �uswyys and attorn�y'• iM�. ]1ny �uoh co�tr and
<br /> ,� ,....,.. � . �� . .�_Itt�n �f�m+� A •h�il draw i,�t�r��t a! bh�
<br /> isj�aii�s�i iaui. �au ::i....�.0 ,.CZ (1C� �y.. Ot n
<br /> d�fault rat� providrd in th� Not�.
<br /> 5. �txztlat�tT nd1AtN. should tA� Tru�t lstatt, or any part thtr�of or int�rsst
<br /> thwxsir, b� tsk�n or daa�ay�d by r�a�on o� any public Laprov�asnt or cond�nation
<br /> grotyeding, or in any oth�r ana�r includLnq d�d in lf�u of Cond�au►ation
<br /> (•oond�wnation"), or �hqnld Tru�tor r�c�iv�a any notic� or othtr in�os-�wtion z�q�rding
<br /> sucb psxMdinQ, Trustor �hall qiv� prarpt writt�n natic� th�r�ot �0 8rn�ficiary.
<br /> 1d�ta�f9.ciasy �ball b� �r►titlwd to all aoaip�aNatiian and condM►r►ation �►ward� utd othsr
<br /> payant� or r�li�! th�r�lor, and �hall b� snti.t2ed tn ruka any aoapraai�� or
<br /> wttl�nti in conn�ion Mith �uch takinq or duaaqo. All �uch canp�n�ation and
<br /> coradwnation, awards, da�aay�s, riqhe� of action and groc�ds awardsd to T��tor (tl►�
<br /> �psocwd��) ar� h�r�by a��iq�d to e�n�ticiary� and Trustor aqrM� to sx�cuts �uch
<br /> t'urth�r a��iq�ant� o! th� ProcNd■ as e�n�liciary cr TrusLca may r�quir�.
<br /> 6. �►nvet�ttT o! SUCCII35[�R TRUSTSS. B�n�ficiaxy a�ay• lrom tim� to xim�, by
<br /> a writt�n iastru�at ex�cut�d arid acknowl�dq�d by e�ena�icf.ary. ma.tl�d to Tru�tor and
<br /> sacord�d in th� County in whiah th� Tru�t =�tat.� is locatrcl and by oth�rwi��
<br /> coeq�lyinq with th� pzovi�ion� of th� appli.aabl� lav c�! tE� Stat� o! N�bra�ka
<br /> fY�1iCLSllt� i OtiCC��/Ot o= sii�:a:sGG'va:� �t. ��1� T:S2II�� :.«�.."'�L� �:=�"'C'�^• L`�� =L"~-i.^u�. l��rs��rA�r,
<br /> � �� $t���BpR-g A+� ABSi(ilt9. Thi� DNd o! Truet appli�s to, 3.auX�� �o th�
<br /> b�n�fit of a,ud bind� all partis� h�r�to, thei.r Yewirs„ l�qatN�, dovisops, p�r�onal
<br /> •��wr.�..�w:�.� � �.� ��.r w�..w�...^�.:��w�.�.�.�rw �Fwl l sw�Aw th�.n.m�r .
<br /> r�`sr�__�_ s,� �MV�r���V4� w�w irrly�iG. :..� ..��... - � -
<br /> and hold�r o! LtN Not�, r+h�bMr or aot na�d as �nef••lai�rp bar*in.
<br /> 8. INSPSCS�otts. Hrn�liciary, or its aq�nts, r�pr��tnt�tiva• or worl�n, ar�
<br /> anthoris�d to ��nt�r at any roawnabl� ti� upon or 3n any parb o! th� Sru�t sstat�
<br /> � for th� pnrpo�� o! inrp�ceinq th� �a�e and for the purpos� of porforw3aq smY of th�
<br /> act� 3.t i� �uthori:�d to p�riorm u,nd�r th� t�rms of any of tih� Loan In;t;�aa�ents.
<br /> y, �„�i,�rg p, pssl�ULT• 71iny ot th� tollowiaq �v�nL•• shell t� d�d an �wnt
<br /> o! M�wult h�r�u�dsr:
<br /> (a) �r�aator �hail hav� fail�d to a�ake paya�nt of any in�tallarnt o� int�r�st,
<br /> prinaipal, or �rincipal and intor��t or any othsr �um �ecur�d hor�by wh�n du�l or,
<br /> (b� Ti�r� 2�s� occurr�d a br�ach or d�tault und�r any t�sM, cov�nant,
<br /> aqan�nt, aandition, pzovi�ion, r�pr�s�ntatiion, or warranty cax►tain�d in any o! tM
<br /> Loan Znttrusitt�s. .
<br /> 10. AaG 1t���T30N O D=l1�ULT. AD�ITiOltllr- ��DIES. 9houid ali Wr1lt a! d�fault ' •
<br /> ixcur, e�n�ficiu�•may d�clar� all iad�bt�dn��� ��cur�d h�r�Dy to b� du* �►x�d payabl�,
<br /> , and th� �aM ahwll tb�ez�apon b�can� du� and payabl� without any pr�s�ntoant, d�aand,
<br /> . protts�, or noti+cs o! eny kind. Th�r�after th� B�n�ficiary msye
<br /> � (a) �it3►�r in por�on or by aq�nt, with or without br9.nqinq any Rction or
<br /> pra�wdiaq, ar by a r�c�iv�r appoiat�d by a Court and without r�qard to thw ad�quacy
<br /> o� its s�curitiy, •nb�r upon and tak� pos��s�ion af the Tru�t s�tato, or any part
<br /> thaxwi, in i.t• own na� or in th� naro� o! Tru�tN, and do any act• which it d�m�
<br /> n�p��atey or d��iralai�a to pr���rv� th� valu�, a�ark�tability or rentabi.lity ot the
<br /> � Tru�t �rtat�, or pari th�r�of or int�r�st th�r�in, iucraaaa Lt�� incamo th.�ro�roa� or
<br /> pret�ct the a�curi+ty h�rwi, and xitih or without taking po�s���ion of th� Tru�t
<br /> � sst�t�, sue for ar o�chasw+is� co11�cL th�r�nt�, i�suRa ar►d proiit• th�r�of., includinQ
<br /> • tboN p��t cl�w a»d nnp�id, and apply th� �a�, l�s■ CAlC� and �x�»ns�• a� oporation
<br /> � andcoll�ctioa� includinq attorn�y'• f�, upon any ind�bt���• ��cur�d h�r�by, all
<br /> ; ia nicb ord�r ar dec�s�iciasy may d�t�raain�. Th� �nt�rinq upon and taklnq po�ws�fon
<br /> of ttw Trust =�taL�, th� collrctiion o! ruch r�nt�, i�saa� and profito and t➢►�e
<br /> � ap�liaatioa th�rw� a� aior��aid, shali not cure or waive any default or notic� of
<br /> � d�iwlt h�rwnder or invalidat� any act don� in r�spon�o to �uch d�fault or pussuant
<br /> ,� .a �.����L���.... �hs n.,..t1n.�a..ns in ,nHaa�aaion n� th�
<br /> ' t0 NCII [WCiC� V= t�flt4iY a�a..� •• -•s
<br /> trv�t ,�stat� nr th� coliwction, r�csip: nnd application o! r�nto, is�uQ� or proflki,
<br /> Tru�tM or B�n�liciary �hall b� antitl�d to �x�rci�• �very riqht provid�d for in any
<br /> af th� yoan In�trua�nt• or by law upon occurr�nc� o! any �v�nt a� d�faulC, includinq
<br /> th� riqht to �x�rci�� th� powr of •al�t
<br /> (b) Cawe�nc� an aation to lor�olor� thir D�d oi Tru�t as a mortqaq+, appoint
<br /> a atic�iwr, or �p�o�.ticaily �nforc� any of th� cov�nant• h�swtt
<br /> (c) D�livor to Tru�tw a Nritt�n d�claration o! d�faulti and d�aand far �al�,
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