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<br /> �, z, riX�J, TrusLar ahall aav e�ch�nnaUment of ail [axes and specul asseasments ot every kinC• �oW ar hereafter r-
<br /> F � Isviad aqa�na�the Trusi F.scate ar any aart chereof. �eforo deNnquency, wichout norce or tlemand.
<br />_ ,. � 3. �������p,�p�iv�r, Trustar zt�atl maintain �Ire and extended coveraQe insurance�nsurinp the Improvementa ,
<br /> .. 1 con�tltudnp P�n ot th� Trust Estate for such amaunts a�d o� such�arma r�tsan�bly �hsfactary to Beneflci�N� SQ IonQ aa th� '�,;�`
<br /> .� , I PlopeRY ��stcund bv a flrst derd at xust or maKgege, com0��anee with the insura�ce requirements of the flrstdnad of trust 0� '
<br /> maKp�Qo sh�ll b• suH�ctsnt to iansfy tne requirement� at tht�paroqraph 3 r�laanp ta inaurancn. �•=
<br /> .•.��a:'� t:-'
<br /> � �+fi' 7rustor s h�l l p r o m a t l y r e p�ir and replace tt�e Truit Fscate or any part thereaf eo ;hac, except for artllnary we�r and tear,(� �_•:
<br /> ..+u,w.+*+� , the Trwt Estste snall nac deteriarats. In no evant msll th�Truatar commit w�att�an or to the Truat Emts,o� commit. xuNer ory �
<br /> � • • p�rmit ar9y act:a b•'°co�nd exae�tralls ens�ancumonna��a d ch�pe��lev�ed�impa ed or ass ssad aQ�nst the TRSt Esu e� =.,
<br /> ��� discharqe atTruato =_
<br /> } or any part theraof. N
<br /> '-, 4 A�yo�,qN���y r�r�tt Emt�, Tiuste�ahall aRpe�r in and corttest�rty ac�o�ar proceedinQ pur0o�dnp to aftecL 0
<br /> �. the ascuritY hareot or ths�9hts or powers of 8endiciary orTnutes,and shall piy�II costs and expeni�s.includinq cost of evidenc*�
<br /> 16 at dtte�r+d atton+evs' f e�=��^any such aGtion or precesdinp in whtch 8eneflciary or Trustee may appesr. If Tn.uto�ta��a to makeN
<br /> any psymertt ar;o do anv a�a�and in the manner provided in any ot the Lo�n Insmiments. Beneficisry andlorTrustse,each in�
<br /> � � thefr own discreslon,wishaut obliqsttan so to do�nd withcut nottce to or demand upan Tnutor and withaut rNea�np Trustor from
<br /> � any ublip�tlon, may maks or do the same in such manner and to such ra�tent as either may Ceam nuceasary tn P�� Beneticiary n �
<br /> �� hereat. Trustor shall, immediately uqon demand therefar by Beneficfary, pay alt costs and expenses incwred by
<br /> � connectton with the exercise by Bennflc�ary of d�e foreQainq riqhts, includinp without Ilmitatian casts of evidenca of tftle. court
<br /> casts,appraiaals. surveys and attomeys' fees.
<br /> 5. F�r/q�nt Domiln. It the Trust F.state, or any part thereof ar irtterest therein, be taken ar damaged by reason ot
<br /> ' any publlc improvement or condemnation proceeding, er in any ather manner inctudinq deed in Itau thereof ('Candemnatton'1, ar
<br /> " if Trustar reCeives any notice or ather inrormatian regartling such proceeding, Trustor shall give prompt writte�notice thereof to
<br /> Beneticiary. Trustor shall he endtled to all c�mpensarion,awards and other payments ar reltet thereof and shall be entttied at its
<br /> aotion ta commence, apDear in and arosecuie in its own name any ac2ion or pracsadinqs. Trustor shall also ce encltleti tc make
<br /> ' any compromise or ser:lement in C�nnec:ion witn s�cn caking ar tlamage.
<br /> n.....,st..�..... i�y���,,�s�.. ry'TY tiy 3„�.r�nwn�nsrrurnenr axecuteC and
<br />- , .- ----- --- 6. ApROiniment of S�uccassor i!flSi@�. :.ao�m�w�o�r 'o�i, • -
<br /> acxnowfedged hy 8enetic:ary, madeC:o �ruscar ano �ec�rCea in ;ne Counry in wnicn the±�ust Estate�s locatea ana by acherw�se
<br /> " complying wrth tne prav�sfons af cne aeolicable iaw of the State af Nedrasua sucs:�tute a successor or successars :o che 7rustee
<br /> nametl herein or ac;inq neraunder.
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<br /> � 7. Succasso�s andAsslgns. This Secontl Deed af Trust applies to,inures ta the beneiit of and binds all parties hereto.
<br />' � � !heir heirs.Iegatees,dev�sees. persanal reores�ntatives, succassars and assiqns. i he term'SenefiCiary'shall mean tne owne�and
<br />-�"' holder of any promissoN �ote given ta oeneficiary, ;whetnar or noc namea as BeReticiaN hereinl.
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<br /> g, M�ig�r, C�nsolldadan, S�l�s or Leasis. Trustor covenants chat Trustor will not sell, lease or athervvise dispose
<br /> of any ot the Trust Fstace. In the event:hat Trustar sells,�easas �r otherwise disposes of an�e pert ot the Trus[Estate.Beneticiary
<br /> ;, .,. , �nay at its option declare the Indenteaness secure� hereby immediately due and payatlle. whecher cv not any default exists.
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<br /> Beneficiary shalt ccnsent to a transser af the Trust Estate to a thfrd party to the�xtent sucM third partY meets the requirements
<br />�° � °' � contained in,and assumes the obliQations sat forth in tha First Qeed af Trust. The covenants contained herein snall run witri the
<br /> . , �n` Property and snali remain m full•tQrce and effect unnl the Indebtedness is paid in fult.
<br /> • ' g, Events ol Defau/t Any af the tollowing events shall be deemed an event of defaWt har4under.
<br />- � .� (a� default shall be made in the paymnnt of the Indehtadness cr anY ather sum secured hereby when due:
<br /> � ° or
<br /> ,�. � (b� Trustor shall pertorrn any ac=in bankruptcy; or
<br /> �� • (�� a court of competent jurisdiciian shali encnr an order,judqment or decree appraving a peorion tiied against
<br /> � Trustor seeking any rearganization, dlssoiutian ar sfmilar relief under any present ar future fnderal.srate or other statute.
<br /> �� � law or regulation relatinq ta bankruptcy, insolvency or ather reitef tar debtors, and such arder, judQrnenr or decree shall
<br /> remain unvacated and unstayed tor an appreqate of sixty(601 days(whether or nat censacudve)fram tt�e fi�st dace of entry
<br /> � � thereof; ar anY trustee, receiver or Iiquidatar ur Trustor or ot all ar any pan af the Trust Estate,a� of any ar all of the
<br /> � rayalties,ravenues. rents, issues ar profits thereat, shall be appointed withaut the consent or ac4uieseence ot Trusiar and
<br /> i such appamtment shall remain unvacated and unstayed tor an aggreQate of sixty 16d)days(whather ar not consecuti�e►;
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