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<br /> 2. TAXES. Trustor shnll pay each installment of�11 taaes a�id specinl assessraents of every kind, now or
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<br /> hercafter levied against tha Trust Estata ar any parc thareof.before delinquancy,without notia or demand. -
<br /> � 3. 1NSURANCE AND REPAIRS. Trustor shall maincsln fine and catended wverege insurance insuring [he �
<br /> - Improvements constituting part of the TN&t FStQIC for such a�nauntn and on such terms rcasanably satisfactory ro _
<br />- Bcneficiary. So lona �s tho Properry is secured by a first deed of trust or mortgage, complitmcc with the insurance _
<br /> • � requiremcats of thc first deed of trust or mortgege sh�il be sufficient to satisfy the requiremeuts of this paragraph 3 relating -
<br /> ;;�l;�t to insurance.
<br /> � � . . ��;'��? Trustor shall rom tl re air and r� lace tiie Trust Fs¢Ate or any part thereof sa that,exce t for ordin wear and ��
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<br /> ' ;.i �,t,`�•`•:�� tear,the Trust Estate shall not deteriorate. In no event sha11 the Tn�stor commit wuste on or to the Trust Hstste,or comdiit, �}:;.;��-
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<br /> �,. '�; •;.•::•..1,� suffer or permit any act to be dono in or upon the Trust Estate in vioYa2ion af an1�law,ordinance ar reguladon. Trustor shall a'��_`
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<br /> �����>..`'<,�;:'1} assessed agralnsttthe Trust Fstute or any pan th�ereof d expense al] ]iens, encumbrances and chazges levied, unposed or `
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<br /> y�, 4. ACTIONS AFFEC'TINa TRUST ES'i ATE. Trustar sh�ll appcar in and contest any action or proceeding �._
<br /> purpontng to affect tho securiry harcof or tho rigbt� or power� of Bcneficituy or Tsustee, and shall pay all costs and �'. -
<br />. eapenses.including cost of evldence of titlo and attornoy's fees,i�t any such action or procading in which&nefletary or _:,
<br />- Trusca may appear. If Tn�stor fails co make any payment or to do any act as u�d in thc manner provided in Any of the Loan �
<br /> Iasuumenta,Beneficiary and/ar Truatee,each in tholr own discretion,without oblig�tian ao to do and without notics to or
<br /> _ demand upon Trueror and without releasiag Trustor from any obligadon, m�y rtuke or do the�uno in euch musner md ro �'+
<br /> �� auch extent a�elther m�y dam necessuy to procect the aecurity horeof. Trustor�hdl,immedi�teiy upon demmd thercfor �;;
<br /> by &neficlary. p�y all cost� uid expenus incurred by Benoficl in connxdon with the eaerciw by Beneflci� of tha �
<br /> � foregoin�righta�including wirhout limitatlan costa of evidence of�ie,court com,�ppr�iu�l�,wrvey��nd�ttomey�fa�.
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<br /> S. EMINENT DOMAIN. It the Tn►ac Est�to,or any put thereof or Interost therin,be t�ken or d�ma�ed by reawn E`:
<br /> of �ay public improvement or condomnatton proceeding, or in u►y other mannor includln� deed tn tieu theroof _
<br />- '�" � (•Condemnatlon"), or tf Truitor receivea any nodce or other [nformation reguding �uch procading, Tcuator thtll give -
<br />�� ', " prompt writtcn nodce thcreoP to Heneflciary. Tru�tor shall bo entidcd to dl wmpenstion. �wards u�d other paymeata or �`-
<br /> �-°•�' • relief theroi ufd sdall be eaqdod �t ite optton to commence, appeu in and prosav[c in iis own namo .uy iwtiva ui m
<br />�;•'. proceedinga. Tru�tor sh�ll also bo entitled to malce eny compromise or settlomtnt in connoction with such qking or -
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<br />`�i�:��s`;�'• ' 6. APPOINTMENT OF SUCCESSOR TRUSTEE. BenefiCiary may, from time to Iime, by Q written instnuncat
<br /> �,,�r-.�;;� eaxuted and ackaowlodged by Beneficiary, matled to Trustor and recordod in the Couaty in which the Tnist Estate is
<br />__�--��� located and by otherwlse complying with the pmvisions of the applicable law of the State of Nebraska aubstitute a
<br /> _.���-�..h:t� successor or aucceasora to the'Crustee named herem or acting 6ereunder. —
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<br />_ ..�..��� 7. SUCCESSORS AND ASSIGNS. This Second Dced ot Tmat applies to.inures to rhe benefit of and binda all
<br />'�•'��"��' '`� partiee hereto. We[r hetrs, legatees, devisees,personal rcp�sentativea, succeasors and assigns. The term "Beneficiary" =
<br /> �"""'�r�'� shall mean the ov�ner and holder of aay promissory twta given co beneHciary,(whether or not named as&neficiary henfn). -
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<br /> =F�A 8. MBRGBR. CONSOLIDATION� SALE3 OR LEASES. Truator convenants that Truewr will not sell, lease or
<br />;,���• otherwlse dispose of any of the Trust Eatate. 1n tho event that Trustor sells,leues or othcrwiee dispose�of any part of the
<br /> = Trust Estato,Beaeftciaty nnay at ite option declaro We Indebtedness secured hereby imntedtately duo end payablt,whether
<br />_ ___ or not u►y default exiats. Beneficlary ahall consent co a aansfer of t�e Tn�at Estate to a third party to the eatent such third
<br /> --_____--- party mxcs the requiraments contained in,and�ssume�the obligations set forth ln the First Dad of Trust. The coveauits
<br />�,.a.;,;m;� contained heroin shall run with the Pcoperty and shall remafn in full force and effect until the Indebtedneu is paid in full. -
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<br /> ��"i°��� 9. EVENTS OF DEFAULT. Any of the following events shall be damed en ov�nt of default Lercunder: _.
<br /> � (a) default shall be made in the payment of the Indebtedness or any other sum secured hercby when due; _
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<br /> =-:.,}---a-• (b) Truator shall psdorm any act W bankruptcy;or _
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<br />__=�?'�.� (c) a court of competeat jurisdiction shall enter an order,judgment or decra agproving a pedtion filed �_�
<br />-��;s;;�:�:�; against Trusror secking any reorgeaizadon,dissolution or similaz relief under any preseat or fumn fedr,ral,state ��,_.
<br /> u,���,.:.,;�' or other statute, law or ngulation relating to banlcruptcy,insolvency or other relief for debtors,aad such order.
<br />�,�`-: judgment or decree shall remain unvacatM and unstayed for an aggregate of sixry (60)days(whether or not _
<br /> -�+:� � �� �' � consocutive)from the fust date of entry therof;or any truscee, receiver or liquidator or Trustor or of all or any
<br />-7';` � ` part of the Tn�st Estate, or of any or all of the royaldes, nvenues. rents, issues or pmfits ther¢of, shall bo �-'.:
<br />' appointal without the consent or acqutcacence of Trustor and such apgointment ehall remaia unvacated aad � .
<br /> nnatayed for an aggregate of sixry(60)days(whether or not consxutive);or
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