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<br /> r ' 2.' TAXE3. Trustor shall pay each Inatellment oi all taxee and spectal asaeesments of every kind, now or
<br /> �,E hereafter levied agalnst the Trust Estate or any par4 thereoi,before dellnquency,wftha�rt notice or dsmand, �
<br /> ::;� 3. INSURANCE AND REPAIRS. Trustor shall malntaln(Ire end extended coverape Ineurence lnaurinp the =
<br /> . �.� Improvements constftuting part of the Trust Estato for auch smounta and on such terma reasonablY setlsfectory to
<br /> � Be ueCments of the flrst deed of�s�or mortgage shall be sufflce ent totsatlaty therequl9rements of thie parapraph�3 telating
<br /> . :s�� eq I n
<br /> to Insurance. -
<br /> at , Tn�stor shall prompUy repafr and replace the Truat Estate or any part thereof sn that, except ior ordtnary wear nnd �
<br /> ••��:i:� tear,the Trust Estate shall not deteNorate. In no event shall the Trustor commit waste on or to the Trust Estate,or commit.
<br /> suffer or permit any act to be done In or upon the Trust Estate fn vidatlon of any law,ordinance or regulatlon. Trustor ahall
<br /> pay and promplty discharge at Trustor's cost and expense ail Ilens, encumbrances and chergea levled, Imposed or
<br />-� - assessed agalnst the T�ust Estate or any part thereof.
<br /> ..��!if" �'� 4. ACTI�NS AFFECTING TRUST ESTATE. Trustor shall appea� �n ��d cor�est any actlon or prxeeding
<br /> '� purpmrtlrag to aNect the secur hereof or the nghts or powers of Bene�Fictary or Trustea, and shaB pay ap costs and
<br />�• '�'�,;t.,�� � ^; expenaes,including cast of ev�ence of tme and attorney's fees,in any uch action or proceeding in which Beneflciary ar
<br /> ` Trusteo may appear. If Trustor falls to make any paymer�or to do any act as and in the manner provided In any of the Loan
<br />- : � Instruments,Beneflclary and/or Trustee,each in thetr own discretlon�without obltgatbn so to do and without notice to or
<br />��� • � demand upon Trustor and without reieasing Trustor from any obligatbro,anay make or do the same In such manner and ta
<br />_��°�$�,�^;��r such exterrt as either may deem necessary to protect the security hereoY. Trustor shall,immedlateiy upon demand therefor
<br />-�.., � by SonaBciary, pay all costs and expenses incurred by Beneflciary In conr�ection wfth the exercise by Beneflciary of the
<br />- � �� ��- fore�oing rights,includirtg wfthout 1(mftatton costs of evidence of tiUe,coun costs,appralsals,survays and attamey's tees.
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<br /> t`���i;;;s,Y,'; rt thereof or IMerest therin,be takan or damaged by reason
<br />�p.,i.F 5. EMINENT DOMAIN. If the 7rust Eatate.or any pa
<br />��`�:I�1•r�!�r of an)� publlc Improvement or condemnation roceeding, or tn any other manner Inoluding deed in Iteu thereof
<br /> �,,�,.,;,.:.,
<br /> T�s1ot shall gtve
<br /> 2�,.;.:,;,.,,: ('Cor�emnatton'), or if Trustmr z�ceh►es any not ce or other iMomiation regardi�g such proceeding,
<br />��:��,;,:��1;�. � prompt written nottce thereof to 8eneftc(ary. Trustor sh�91 be entitled ta all compenstian,awards and other payments or
<br />:,ti�,�,�`�{ retief therof and shall be ent�led at fts option to commence, appear U and pr�osecute in fta own namo flny actfon ar
<br />�s-•�°�''� proceedings. 1'rustoT ehail also be ent�led to make any compromise or settlemeM tn connection with sueh takfng or
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<br /> �'4���'�° 6, APPOINI'MEM' OF SUCCES50R TRUS'�IE�• Beneflclary may, irom ttme to tima, by a written instwmeM
<br /> Y1FCIfi'tii�'
<br />_:='�:;��.:� exec�tad anci aokno�Medged by BeneNciary, maqed to Y�stor and recorded in the County In wh�h the T�ust Estate
<br /> -�'"�`'-'� laca��d and by ot0ierwise complying wfth the provisloras oi the appticable law of the State of Nebraska substitute a
<br />�ah'�:�� �,���,��n�R�M.cessors to the Trustee na►roed'heretn a acting hereuntJer.
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<br /> �_:;,�.. 7. SUC�ESSOAS M!D ASSIGNS. This Secorxi Deed ot Truat applies to,inures to the beneNt ot and btnds ali
<br />�"-��- parHes t�ereto, their hei�s, lepatees,devisees, p�rsonal representatNes, succsssors and asstgns. The term'BeneHcta
<br /> -_-- shail mean the owner and hdder of any promissory note given to beneHclary�(whether or not named aa Beneflctery hereln •
<br /> B. MERGER, CONSOUDA710N, 3ALES OR LEA3ES. Trustor corn►enaMs that 7rusta wNl not eel�� �eaae cx
<br /> othervvlae dispose of any of the Trust Estate. In the event that Trusta sefls,leeaes or aherwlae diaposes of any part d the
<br /> Trust Estate, e6 n�iciary may et Its optlon dedare the Indebtedness eecured hereby immedlatety due and payeble,whether
<br /> or�ot any detault exists. Bene(tctary aNall conaent to a trenafer of the Tniat Eat�te to a thk�d perhl to ths extent such thlnd
<br /> party meets the requiremeMa contalned In,and eesumea the obii�tlona eet torth in the Fket Deed of Tnmi. Ths c�ve�er�ts
<br /> conteined horeln sheil nan with the Praperty and ahall remaln In full tace end elfect untN the Indebtednese le peld in iuM•
<br /> 9. EVENTS OF DEFAULT. Any of the follo�wkp avents sheN be deemed en event of default hKeunder
<br /> (a) defautt et�all be made in the peyment of the Indebtedt�eaa or arry dher aum eeCUred t�eroby when due:
<br /> or
<br /> (b) Tn�stor shall perform any act!n benkruptcy;or
<br /> a�c) a court d competer�t Judsd�tion shall enter an orcler�lud�ment or decxee approvkp a pe�kbn Aed
<br /> nst Tn�stor seeking any reorganizatbn,disaduNon a simYar�ellef underany preaeM or futtue federal.et�ts
<br /> or ottier statute�law or regulatbn relating to bank�uptcy�Inaoivency or otNer retlef ior debtore�erd s�x;h ader�
<br /> 1�9�K or decree shaA remaln unvacated and unatayed tor an e d abctyy (60)daYs (whethe�'or not
<br /> con3ecuthre)from the fl�at date d entry therol;or any m�stee�rc�c er or I a or a Tn�ator or of aN or enY
<br /> pan of the`��uat Estate, or d any ar all of the ro lea, revenues, rents.�a ���� � �
<br /> appolM e d w i t h o u t t h e con s e M or acqu t e s c e n c e d�i�t o�a n d s u c h a p p o f r�rt�e�►���a��t��
<br /> , ut�yed tor an ag�regate ot sixty(60)days(whether or not consecuttve�;or
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