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<br /> '.��''���� • 2. TAXES. Trostor aF�nll pey eech Inetellment ol all taxee and epeclal �eaea�frtd� dev'e�ryZcTikf;now ar
<br /> �'�I hereaRer levted a Inst the Trust Eet�te or an
<br /> ga y pe�R thereo�,betare dellnquency,wfthout notice or demand.
<br />�- 3. INSURANCE AND REPAIRB. Truetor ahell malrnaln ffre end extended cove�pe Inau�nce Ir�urinp ths
<br /> =°�-.�-�:� ImprovemeMs constftutinp part of the Trust Estate tor such amourne end on such terms resscmably eetlefactory to
<br />:.��� Beneflciary. So long as the Property Is secured by a flrst deed of tn�st or moRpefle, compllance wfth the lnaurence
<br /> requtrements a the fitst deed of t�uat or mortgage shali be sufHclent to aatisiy the requlrementa of thia parapraph 3 relatlnp
<br /> � � ��''� to fnsurance.
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<br /> `r�,, ' �. Truator 8hall promptly repatr and reptace the Trust Estat�or any pa►t 4hereof so that,except for ordinary wear end
<br /> •�� •� tear,the 7rust Estete shall nat deterforete. In no event sheli the T�ustor commft waste on or to the T►ust Eatate,or commk,
<br />°: �` ° � su(ter o�permR any act to be done In o�upon the Tnist Estat9 fn vidatlon of eny law,ordinance or repulation. Trusta shall
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<br />-����- pay and promptly disct�arge at Trustor's cost end expense all Ilens, encumbrances and chargea levied, Im�osed or
<br /> r;.�.-,�:,�' assessad e9elnst the Trust Estate a any pan thereof.
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<br />_=-=,�;� 4. ACTIONS AFFECTING TRUST ESTATE. Tn�stor shall appear in and contest any actbr� or proceedkp
<br /> ' purportinp to eHect the security hereof or the righta or pc�wers d Bene(tcfary or Tntstee, and shall pay all coate nnd
<br /> � expenses,tnduding cost of evidence M tme and attomey's tees,In any such actbn o►proceedtrx�In whl�h BenaHcl�ry a
<br /> '����� Tn�stee may appear. H Trustor faiis to make eny payment or to do any ect a�s enci tn the manne�pro�vided In any W the Laen
<br /> �y;��y� Inairuments. Beneflciary and/or Tn�stee,each in thelr awn dlsc�eUon,without obligatlon so to do and without noRice to or
<br /> demand upon Trustor and whhout releasing Trustor from any obligatbn,may make or do the sa�ne In such manner end to
<br />-�_.���� such extent as either may deem necessary to protect the security hered. Trustor shell,fmmedlately upon demand therefor
<br />,.�;, , by Bene�clary, pay aN casts and expenses Incurred by Bene�clary in connectlon wfth the exe�cise by Beneticlary of the
<br />--_.:�ti,.� foragoing rlgMs,tnduding wiihout Ilmftatlon costs of evidencs of tide,court coste,appraisals,surveys end attomey'e fees.
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<br />==�,��� 6. @MINENT DOMAIN. If the Truat Estete,or any pan thereof or IMerest the►in,be taken or�iamaged by reason
<br />_wa:�...,�.. of any publ� tmprovement or condemnatlon proceeding, or tn any other manner tnduding deed tn Ileu thereof
<br />____ `�• ('Condemnatlon'). or f�Trustor receMes any notice ar other tntom�atbn regarding such proceedlng, Truator sheN qh►e
<br />__�%%�`��' prompt written natice thereof to Beneflcfary. Trustor shall be entkled to NI compenstion, awaMs and other payments or
<br />__�_�__� rellef therof and shail be ent�led at tts optlon to commence, appea�In and prosecute tn Its owr, name any ac�ion or
<br /> ------ �racss��go. T�-..�st;as1 s��� be ant�tla�r „ia�s ariy �rKr�rc�Iss a osttsa�ant Ir� r.�,�a.-tl�r�t� su:.F��Ir.�a:
<br /> —--�— damage.
<br /> ,<��.,,�' 6. APPOINTMENT OF SU�CES30R TRUSTEE. Beneficlary may,from time to time, by a written k�strurnent
<br /> :��,•:;;p . executed and acknowledged by Beneflclary,maNed to Trustor and recorded tn the GouMy tn wh(ch the Trust Esta�te 19
<br /> " , located end by otherwtse comdying wlth the provisbna of the appl�able law of the State of NebreRka soh�tltute a
<br /> successor or successors to the trustee named hereln or acting hereunder.
<br /> 7. SUCCESSORS AND ASSIGNS. This Secaxi Deed ot T�usi ap�llas to,inures to the benefit o4 and binds a!I
<br /> , parties hereto,their hetrs, legateea, devfsees, peraona! represerrtatNes, suacesso►e and assigns. 7he term 'Beneflcla
<br /> - shall mean ttie owner and holder of any promissory note ghren to beneHctary, (whether or nat named as BeneNctary heretn�
<br /> ' 8. MERGER, CONSOLIDATION,SALES OR LEASES. Trustor conven�nts that Tnistor wNl not sell, leese ar
<br /> ' othdtwise dlspose of any of the T�ust Estate. In the everK tl�at T►ustor sel{s,lesses or otherwise dtsposes af any pen of the
<br /> ; Tn�st Eatnte.9eneflcfary may at its opilon dedare the Indebtedness secu�ed tiereby Immedtately due and payade.v�hether
<br /> or not any detauit e�clsts. Beneflctary shall consent to a transfer of the Trs�st Estate to a 3hiniparty to the extent such thlyd
<br /> . pa�tyl meets the requlremeM�coMeined in. and assumes the oblisatbns set forth In the�irst 6�ed of Trus� The covenants
<br /> � coMained herein shall run with the Property and shall remaln ln tuii force and eHect untb the Indebtedness�Is paid In fdl.
<br /> 9. EVENT3 OF DEFAULT. Any of the fdlowing eveMs shall be deemed an eveM of defautt hereunder.
<br /> (a) default shail be made In tha psyment of the indebtedness or any other sum secured hereby when due;
<br /> a
<br /> (b) T�ustor shall perform any act fn bankruptcy;or
<br /> (c) a aourt d can�etent jurisdlctton shall enter an order,judgment tx decree approvirp a petitbn flled
<br /> ; aaalnst Tnistor seektng any reorganizaUon,dissdutlon or s(mflar rellef uncier any presertt or future federeJ,state
<br /> __ — or other statute,Iaw or regulatton reladng to bankr�ptcy,insotvency cr other rellef for debtors,and such or�der,
<br /> —_—� Judpmer�t w decree shall rematn unvacated arxl unstayed for en�ggrepate of sbcty(60�days (whether or not
<br /> __- A�y consecutNe)from the flrst date of entry theroF, or any trustee,receivar or Iiquidator or rustor or d ali or arry
<br /> �=,�_;�. paK af the`rrust Estate, or of any or all of the royaltles, revenues, roMa, issues or prdits thereaf, shait be
<br />_ -:;M�:• eppoiMed without the conseM oracqulescence of Tn�stor and such appolntmeM shall remaln urr►acated snd
<br /> :=,;;K:�;,; unstayed for an aggregate af sbdy(60)days(whether or not consecuttve);or
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