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<br /> rt • • 2. Tix��. Trustor sha� ��� �O���ti
<br />� � levled apainst the Trutt Estate or any t the eofstbp o�ra de(quancy, wth utcnotic�sdemand}every kind, naw or hereatter
<br /> • 3' �^sw��c�+�n'dR�p+lri. Trustor shall maintaln flre and extended covera�e insurance insurin9 the improvements
<br /> :.:�;,`!t� constitutinp part of the Trust Estate for such amounts and on such terms reasonably aatisfactary to Baneficiary. So IonQ as the
<br /> Properry is secured by a first deed of trust or mortpape, complfance with the Insuranoe requiremonts of tha tirst deed of trust or
<br /> mortyape ahall be sufficient to satisfy the requirements uf this paragraph 3 relatlnp to Insurence.
<br /> . Trustor shail promptly repair and ropiace the Trust Estate o�any part thereof so that, except for ordinary wear and tear,
<br /> tha Trust Estate shail not detenorate. In no event shall the Trustor commit waste on or to the Trust Estate, or commit,suffQr or
<br /> , permit any act to be dane in or upon the Trust Estate in violatfon of any law,ordlnance or repulation. Trustor ahall pay and promptly
<br /> ' discharpe at Truator's cost and expense alt Itens,enoumhrances and charges levied,imposed or asseased apAlnsc the Truat Estate
<br /> . or eny pan thereoi.
<br /> a• Aotkns A�1�ctl� Trust Estai�. Trustor shall appear in and contest any action or proceedinp purport(np to affQCt
<br />_- the secu�ity hereof or the rlyhts or p��ers of Beneficiary or Trustae,and ahail pay alt costa and exponaea,Including cost of evidensn
<br /> _ , of title and attorneys'fces,in any sucb actian or proceedlnp (n whlah Beneficiary ar Truatee may eppear. If T►ustor fails to make
<br /> :i any payment or to do any act �s and in the manner provided (n any of the Loan Instruments,Beneficfary and/or Trustee,each tn
<br />'_�``�;,_,�.�•�•� their own discretion,without obliqation so to do and without notice to or demand upon Trustorand without�eleasing Trustor trom
<br /> ' any oblfpation, mt►y make or do the same in such manner and to such extant as either may deom necessary to protect the sacurity
<br /> , „ hereof. Trustor shall, immediately upon damand therefor by Benoftciary, pay all costs and expenses (ncurred by Benaficiary tn
<br />..�- ';';�� connection with the exercise by Benaficiary pf the foregoinp riphts, including without limitatlon costs of evidence of titte, court
<br /> costs, appraisats, surveys and attorneys' fees.
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<br /> E--` 6• EmJn�ni Dom�in, If the Trust Estate, or any part thereof or interest tharein,be taken or damaged by reason of
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<br />_,,�+;s_,: • any public improvement or condemnetion proceed(ng, or in any other manner includin0 deed in lieu thereof('Condemnatlon"), or
<br />�.;,�:��• � if Trustor receives any notice or other iniormatton re ardln such roceedin Trustor shall
<br />��.''�' � � Beneficlary. Trustor shall be entiUed to all compensatlon, awards and othe�payments or ree f ther of a drishall be 1entit edear rs
<br /> . .
<br />=s,t�5'��` option to commence, apprtar i� ae3 Fto�ecut�in;ta��rr�r,amo any action or proceedings. Trostor shatl also be entltled to make
<br />_,_.,r��, any compromise or settlement inconnect(on with such taking or damage.
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<br />-^�:`ta"n� 6• Appo/ntment olSuce�sso� Tiust��. Beneficiary may,from tlme to time, by e written(nstrument executed and
<br /> -:;'`?��?� acknowiedped by Benei(clary,mailad to Trustor and�ecorded in the County in which the Trust Estate is located and by otherwise
<br /> --=_j;j,� Complyinp with the provistans of Ihe appUsable law of the State of N�broska substitute a successar or successors to the Trustee
<br />-'°``"':::?�' named herefn or aatinp her�under,
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<br /> _ �� Suce�asois artdAts/gns. This Second Oeed of Trust applies to,inures to the beneftt ot and binds all parties heroto,
<br /> _�� thelr heirs,lepatees,devlsees,personal reprosentetives,successors and e8aigns. The term'Beneficlary'shall mean the owner and
<br /> ^;;.,�• ' holder of any promtssory note piven to beneftaiary, [whether or not named as Boneticlary herein].
<br />--_- 8. M�rg+�r,Consolld�Non,Sabs or LpJ�s. Trustor covenants that Truetar witt not sell, lease or ptherwise dispose
<br /> of any of the Trust Estate. In the event that Trustor sells,leases or otherwise disposes of any part of the Trust Estate,8eneficiary
<br /> a-�--�— may at Its option declare the Indebtedness secured hereby immedlately due and payable, whether or not any default exlsts.
<br /> Beneflciary shall consent to a transfe�of the Trust Est�te ta a third party to the extent such tNrd party meets the requirements
<br /> _— contained(n,and assumes the obupatians set forth in tha First Deed of Trust. The covenants contained herein shall run with the
<br /> _— Property and shall remain in full force and affect untfl the Indebtedness is paid in full.
<br /> _ � 9. Events of D�fault Any of the fotlowing events shalt be deemed an event of default hereunder:
<br /> --- __ (a) default shall be made(n the payment of the Indebtedness or any other�um secured hereby when due;
<br /> or
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<br /> ����� (b) Trustor shall perform any act in 6ankruptcy; or
<br /> _�.,;_�.�� (cl a court ofcompetent jurisd(ctton shall enter an arder,judgment or deCreeapproving a petition filed against
<br /> � '" Trustor Seeklny any reorganizatiorl, dlssolution or slmtlar relief under any present or future federal, state or other statute,
<br /> ���+hr�'+. ' law or repulatlan relattng to bankruptcy, insolvency or other reltef for debtors, and such order, judpment or decree shall
<br />,.,,��%f�+il.r�« remaln unvacated and unstayed for an aggregate of sixty(60)days(whether or not consecutive) from the first date of entry
<br /> �� '�y'``'� theraof; ar any trustae, roceivor or liqu(dator ar Trustor or of all or an
<br /> '�''"�'�"���• Y Pert of the Trust Estate, or of any or alI of the
<br /> ,-,-��.,L;;Rri� royalties,revenues, rents, issues or profits thereof,sha(I be appointed without the consent or acquiescence of Trustor and
<br /> __-,.;.��r..;. �s(ch eppointment shall rernain unvpcatad and unstayed tor an aggregate of sixty (60) days (whether or not consecutive);
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