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...,.�--�-�- _. __ _. _ --...� <br /> . � . . ._ ... . :. - <br /> i���w�.e���wp� ...�.�:.a:,.�=....�----- <br /> ,. k'�:Je.:r.fY4YT.L::.CL�1_I._Y_•Sl�i,�1�R^__ , <br /> 2. 7ix�s. Truator�ha each tnn�llm�nt of ill uxat a�d sp�cial.. �amenta of every ktnd, now or h�r�aittr • <br /> • ' le4ied�pelnst the Trust Estate or any Nart thtlreof,betore deltnquency, wlthqut notice or demand. <br /> , ' 3. lnrur�nai ind R� � <br /> prbs. Truator shall matntain itre end extended covsra e Inw►ance inturinQ the Improvements <br /> conatiwtinp paK of the Truat Estate for auch �mounta and on�uch tarms reaspn3biy c�dcfaetory to BenePicl�ry. So Ion���� ` <br /> Property la aacured 6y �firat deed of trust or moRptpe,complt�nc� wlth th� in=ur�nc�nqutnm�ntt of th�first d�ed of truat oii.... <br /> moRpape shali be aufficie�t to satlafy tha requ(rementa of thta pu���aph 3 ral�tinp to tnsuranc�. � <br /> Trustnr shafl promptly repafr and ropl�ce the 7nut Eatate or any p�rt thereof so thet.except far ordin�ry Wear snd t�u,' <br /> the Trust Eatate sh�ll not dete�lonte. In na ev�nt ahslt the 7rustar cAmmtt waate on or to the Truat F.sUte, or cammit,auffer ar� <br /> permit any�ct to bs done in or upon the Trwt Eat�te tn vtolatton oi�ny I�w,ordln�nce or re�ulatton. Trustar sh�lt pay and promptfy� <br /> discharpe at Truator'a coat and expense all Itans,encumbrsncea and ch�r0ea Ievied,tmposed or aasesaed�qatntt the Truat Ettate� <br /> or any part thereof. <br /> � <br /> 4. Acdons Ay�ctlny Tirat f.rtaf�. Trostor aha�l appear i��nd contest any action or procsedin Q <br /> th�security hereot or the rtphts or powers of B�neftcl�ry or Truatee,�nd ahslt pay�II aoats snd sxpensei, incl dlnprcott of svtds{nc� � <br /> af title and�ttorneys'fees,in any�uch action or p�oceedinp tn which 8eneflciary or Trustae may appear•. If Truatcr tsiia to make <br /> any payment or to do any act as and In the manner pra�ided tn any of the Laan Initrumenta, Beneflciary endlor'Truatee, e�ch in <br /> thefr own discretton,wlthout obttpadon so to dn�nd without notice to ar dema�d upan Trustar snd without reieasiny Trostor from <br /> any oblipation, may make or do the sams in sueh manner�nd to such extent as either may deem necearary to protect the securiry <br /> hereef. Trustor shall, immediateiy upan demand there}or by Beneftciary, pay all costs and expensea incurred by 8eneftciary in <br /> connecdon wtth the exercise by Beneficiary of the forQpotnp dphts, (ncludinp without Iimitatlon costs at evidence of title,courc <br /> costs, appratsals, surveys and attornays' fees. <br /> 5• F.inln�nt Domain. If the Trust Estate, ar any pan thereof or tnterest theretn, be taken or damaped by reaaon of <br /> sny public tmprovement or candemnation proceediny, or in any other manner tncludinp deed in lieu theraof(�Condem�ation'J. or <br /> if Trustor receives any notice or other i�iormation repard�np auch proceedinp,Trustor ahail q(ve prompt written notice thereof ta <br /> 9enefictary. Truator ahati be antitled to ait compensation,awards and ather payment�or reliet thereof a�d ahall be entitied at it� <br /> optfon to commence,appear in and prosecute In fts own name any�ction ar procaedinys. Truator shail also be entitled to make <br /> any compromise ar aettlement in connection with such takinp or damaye. <br /> . 6• Appo%tm�nt oI Sacc�ssor Tir�tt��. Beneitciary may, frorn Ume ta time, by a wr(tten i ntuument executed and <br /> • acknowied�ed by Benefici�ry,malled to Trustor and recorded in the County in whteh the Truat Estate t=located end by otherwise <br /> compiytnp with the provia(ons of the applicable taw of the State of Neb�aslca aubstitute a succeaaor or aucceasors to the Trustae <br /> named herein or dctlnp heraunder. <br /> I 7• Sacc�:iora�ndAsa/yn� Thts Second Dead of Trust applles ta,inurea to th�beneftt of�nd bind�alt p�ni�s herato, <br /> their helra,lepateea,deviaees,peraonal representadvea,successors and aatpnt. The tarm'8ensitcisry•sh�ll m��n the owner�nd <br /> holder of any p�omisaory note ptven to benettctary, (whether or not narned aa Beneilctiry herein�. <br /> 8. M�rp�r, Cauol/d��Ch,�/�=��,�s�a. Trustpr covenanta thstTruatar will not aeli,less�or otherwlae disposs <br /> of eny of the Truit Est�te. In the event that Trustar sells,leases or�therwise disposes af sny pa►t of the Trost Enat�,Beneficiary <br /> • muy at its option decl�re the Indebtedness secured hereby Immedt�tely due and payable, whether or mt any default exiau. <br /> Beneficiary shail consmt to a tnnafer ot the T�un Esute to a thtrd party to the extent such third party �neets the requirements <br /> � contained tn,and assumes ths obliqations set forth in the First Deed of Trust. The Covenants contained f�ere(n shall run with tha <br /> � Properly��d shail remain in fuli force and efteet untll the Indebtedneaa is paid tn iuli. <br /> 9. Ewnts alOdault Any of the followinp events shall be deemed an event of def�ult hereunder: <br /> la? default shall be made in the payment of the Indebtadness or any ather sum secured hereby when due; <br /> , <br /> ar <br /> < fb) Trustor ahail perform any act in bankruptCy;or <br /> ; (c! a court af competent Jurisdiction shalt enter an order, Judpment or decree approvtnp�petition filed apafnst <br /> _ Trustor saek)np any reorpanizatton, dlssolutlon or stmilar rettef under sny present or tuture federal, state ar other statute, <br /> law or repuladon relatlnp to bankruptCy, Insolvency or other►elief fa�debtors, snd such order,(udpment or decree shail <br /> remain unvacated and unstayed for an apgre�ate of sixty(601 days(whether o�nat consacutivel frorn the tirst date of entry <br />_ thereof; or any trustee, recetver or I(quidator or Truator or af aIt or any paK of the Trust Estate, ar of any Or all of the <br /> royalties,revenue7,rents,(ssues or profits thereof,shalt be appofnted without the consent or acquietcence af Trustor and <br /> such eppointment shall remain unvacated and unstayed for an aqpreaate of sfxty(60)days(whether or nat Consecutivel; <br />— or <br />= 2 <br />� <br /> -- — -- <br /> �,�,,,�..� ----- <br /> .. 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