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<br /> , . • 2 TAXES. Tntsior shall paY ea�h tnstaDm�r�of al!ta�ces and speclal a�essmsrAs af every ktrtQ naw or ;,:,;:�,:Y-.
<br /> '- . . ' hereafteT tevied.against the Tn�t Esfs�te or arry pa�t thereof.b�fore delinquency,wfthout naR[ce or demand �,�-L,'��:.�ti:
<br /> �. .__.. a_� ti.....w....... t..�...t.... < - . •_
<br /> 3. �'(��j����R�Q1RS. TRiS[Of'511311 I�l31I11�1t1�1T9 8I1Cj CuCtivcv i.v��ay^v n.a.om...o»•+..--�s� ' .-�
<br /> ��,�--�� Im�rovemer►tss �o�ifrg part of the Trust Estate tar such amowns and on s� term,s reasortabiy �ctory to r � � -
<br /> . ��,=�;:-�--� � �leasftctary. 5o tong as the Prop�lty is sea�red by a 8rst deed of trust or mort9aSe. compliaruu�with the Insurance 4 Ys.._ ,��_'.Y
<br /> ' .� .. req�tireme�af the flrst deed of uust ar moKgage sha�l bs suifiiclerrt to saUsfy the requiremarns of thfs paregraph 3 refa�ng ., .
<br /> � ` to tr�surance. ��`�
<br /> and Fe the Trusi�e or theteof so thaL except for ordtnary wear an� � L `` �
<br /> ' Trustor shall promptty repatr place �l►P� .
<br /> tear,the Trust Estate$tiall nnt detedorate: In na eve�shal!the Trus4or comrr��t wasie on or to tha Trust Es�te.or comm�. -< < .� `� :
<br /> : ' � suffer or permtt ar►y+act to be done[n or upan t he Tast E s t e te(n v i o t a l lon o f arry t a w.o r d t n a n c e o r r e g t d a t t o n. T n�o r s h a l l _,;, ;,..
<br /> ' ` � � pay and prompttyy discharge at Ttusiors cast and expertse sU liens. ertcumbrances and charges tavted. tmpased or
<br /> �� �� � �;'� . . . assessed against tilc3Tn�Esiate or arry part thereof. .. ._-+
<br /> ` 4. ACiIOHS AfFECTINa TRU37 ES7ATE. Tnustor sirall appear in and corrtes4 any acUan or proce�fing :
<br /> purporting ta ffifect the security hereaf or the ri$hts or powers of BeneflcFary►�Tnisiee. and sha11pay ap costs and .`- --.
<br /> ` � _ , � . �.� axp�nses.(ndudfng ccsi of evldence of t�Ie and auomeyrs fees,in ar►y such action or proc�eding in whtch Beneftclary.or . -
<br /> °.. ,,: r: < . Tn�stee tnay appear. If Tn�stor taIIs to make any paymerit or to do any act as and in 4tne manner provided in arry pf the L:oan
<br />;�.�:�. . Insirume�ta,BeneRc�ary and/ar Trustee.each tn the3r�ovm d[sc�on,wltAaet obttg�tion so to da and w�hout rtotice to or .-. ,,.s
<br /> i�a -
<br /> ' � , d e r r t a n d u p an Tnistor and w�hout re[easin g Ttustor fram any obf1�1 ar�.may make a do the same Tn sitch manner and to , � _.o_._
<br />_ ' ' � , ;, such�tttent as either may deem necessary to proteci the sec�airyl h e r e o t TntsDOr s h a 1 1,imm e t��e t y upon d e m a n d t h e r e f a r ;�` . -
<br /> ,.: �.-<.. • by Benefldary.Pay►ati costs end expenses i�amed by BeneBciarY in conrteciton uufth tY��ea�rc[ss by Bene�ctary of the
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<br /> .. -----�-`�: � foregoing dgttts.Induding wfthoui fimFtatlon casts o#evFdence ot�tte.r,ourt costs.ePp�ats�ais.surveys and attomey's fees. ' . .:,_--�-^..
<br /> - f�e�� - - -.
<br /> 5. ENI1NENi'DOMAIN. If the Tntst Estate.or any part thereof ot interest thedn.be taken or damageci tsy reason , � s_
<br /> � . . : ,�����. ot arry pubitc tsnpravement or condemr�tion proceed(ng, or in amr oiher manner indud(ng deed in lieu thereaf � � =-_
<br /> _ - .� (°Condemnation°p� or ff Tn�stor rec�etves amt notica or othe r i r�f o r matt a n r egard i ng s u c h p r e c e e d t rtg,T n i s t a r s h a l i g t v e . . : :}��"_P_�
<br /> " � � : prompt wrftten notiice thereof to Benefldary. Tnlstor sha11 be er�ted to efl compensUen.awards and oiher paymerRs or -
<br /> rellef theraf�and shaU be errtiited at fis optton to commence.appear in and prosecute tn its w+m name arry actlon er . �_: —
<br />�. ,. � . proceedtngs. Tnrstor sha11 aiso be eMitled to make any compromise or settlemeM In connection wfth such taldng or . . , ____
<br /> , dam�ge. . � .— -
<br /> � 6�, APP0IMMENT OF SUCCESSO�TRUSTEE Beneflctary may,from time to ttme, by a w�tten f�strumeM :;,�. ;.- -
<br /> � � execi�tet9 and actma+Medged 6y BeneflcTary,malled to Trustor and recotded in tfte County tn wfitch the Tn�st Estate is ��__�- ��_
<br /> ��� � ' ' ��` tor,�ted and by otherwTse complying wfth the pravisions of the appflcable taw of the State af Nebraska sutfstfWte a � .. .' .• '�=
<br /> � .-�y.,
<br /> � sucrsssor or successors to the 7rustee named herein�r actlng hereunder. ��• � :''_��"`
<br /> � 7. SUCCESSORS AND ASSlGNS. This Second Deed ot Trust apptles tm,inures to tha benefPt af az�d btnds�t ` �` ��:�_
<br /> � . . - parttes hereto�ths�heirs.tegatees.davfse�.Pers�af represeMaWes.successors and asstgns. The temi°B�neAcia� . �_--
<br /> = �. shall mean the awr�r and holder of any promissory note glven to 6eneflciary.(whether or nat named as Beneftctary herein). '•='�-�-
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<br /> � . ' 8. MERGER.C0�9SOlJDAT10N,SALES OR LEASES. Trustor comier�an4s that Tn�stor vu�l o�at seil. tease or '. ., '•�t'`;'_
<br /> � oihenvise dispose af any of the Trust Estate. tn the evecn that Trustor selis,leases mr othenalse dlsposes ot arry patt of the -� '--
<br /> ' Tnrst Estate.BeneRctary may at(ts optton declare the tndebtedness secured hereby fmme�diatety due and payabte,whethe� � `- � •
<br /> �- � . � or not an y deiautt exlsts. Beneficlary sha�i consern to a transfer af tha Tn,ist Estate to a thtrdpa�y to the e�ern such th(r+d �..==-� -.-__
<br /> :�' ,� � � party meets the�equlremeMs coMatned In.and assumes the o b l i g a t lons set fo rt h fn t he Fl r s t O e e d o f T n t s t. T h e c a v e n a n t s J _� ____.
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<br /> .,:. , � contained heretn aha11 run with the Froperty and s�all rert�tn tn full farce and effect until the lnttebtedness Is pakl tn htll. ;_--� ..---
<br /> �� ".��.`' , � . 9. EVENTS OF pEFAULT. My af the folto�,ving events shall be deemed an eveM of defeutt hereurtrdar. . -----'�-`�`� _
<br /> � ;,, � � (a) default shafl be made in the payment of the Indebtedness or any other sum secured hereby when due; � ."�'"'_=
<br /> :, . . or � , �. . -- _
<br /> �;,.:�; . � ` Trustor shall edorm an ac�ln banknt c ,or .� . . `.;.' �
<br />:. .. (b) P Y Pt Y .. �::•..�. .
<br /> � ��. . .. .
<br /> ' � � (c) a court of competerai jurlsdlebon shaU eater an or�der,jud�nent or decree approvinfl a petltion fifed : �
<br /> � _ � . against Trustor seeking any rearganf�tion,dlssotutlon or sim0ar rettef under any preseni or future federal,state .. ._ �
<br /> • or ather gtatute,taw or reg�tlat�on retating to bantcruptcy,Inselvency or other relief for debtors.and sucb order. •�
<br /> �. , . � � t� judgment or decree shall remain umracatetl and unstayed for an aggregate of sixty(fi0)days(whether or not . ..
<br /> � � � consecutive)trom the flrst date of erRry thsro9;or eny trustee.recehrsr or liquldator or'Frustor or of all or any �
<br /> . � part ot the Trust Estate. or of any or a11 a9 the royaittes, revenuea, reMs. fssues or profits thereof. shall be
<br /> . apRc�nted without the consent or acqutescence of Trustor and such appolntment shall rematn umracated snd� ' . .
<br /> . � . unsray�d ior an aggregate of s�ay(60)days(whether oT noi consecutive);or • .
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