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<br /> that Trustar defaults in m�lcing uay such payment priar to dellnquency, Beneficiary sh�ll have the option tu require
<br /> Beneficiary to escrow taae�in advance in 12 equal monthly ins�allments.
<br /> 3. ��urance and Rroaire. Truator shall maintain fire and txtend�d coverage i�suranca insur(ng the -
<br /> ' improvcmcnts and butlding�co�stitutingpart of the Tru�t Ea4ate far an Amount no less than�he nmount of�he unpaid �,
<br /> principal balance of the Notc(co-lnsurwce not eacading 8096 permitted). Such insurance policy shall contain a
<br /> etandarsl m�rtgage clause in favo�of Beneflciary and a»igneee of&neficiary, if s�ny, end shall n�t be cancelable,
<br /> terminable or modifiable wlthout ten (10) days pdor wdtten notice to Beneficiary. Trustor shall promptly repair,
<br /> maintain and replace the Tn�st Estate�r any part thereof so that,exapt for ordinary wear and tear, the Trust Estate
<br /> shall not deteriorate. In no evcnt shall the Tcustor conduct waste on or to the Trust Estate.
<br /> 4. ��jons Affectina Tn.ast tat . Trustor shall appear in and contest any action or procading purpoaiag
<br /> to affect the security hereof or ihe rights or powers of&nef ciary or Trustee and shall paq all coats and expenua,
<br /> including cost of evidence of�itle and attorney's fees, in any such action or proceeding in which &neficiary or
<br /> Trusta may appear. Should Trustor fail to m,ake any payment or to do any act as and in the manner provided in any
<br /> of the Loan Instruments,Benafieiuy and/or Trustee, each in its own discretion, without obligation so to do and
<br /> without notice to or demand upon Trustor and without releasing Trustor from any obligation,may m�lce or do the
<br /> same in such manner and to su�h extent as either may deem necessary to protect the security hercof. Trustor sh�lt,
<br /> immediately upon demand�henfor by &neficiary,pay all costs and expcnses incurred by Beneficiary in coanxtion
<br /> with the exercise by&nefici�uy of the foregoing dghts,including.without limitetion,costs of evidence of title,court
<br /> wsts,appralsals,surveys and utorney's fees. My such costs and expenses not paid within ten(10)days of written
<br /> demand shall draw interest at the default rate provided in the Note.
<br /> 5. Eminent Domun. Stiould thc Trust Estate,or any part thereof or interest therein,be takea or damaged
<br /> by reason of any public improvement or condemnation proceeding,or in any other manner including deed in lieu of
<br /> Condemnation ("Condemnation"), or should Trustor receive any notice or other information regarding such
<br /> proceeding, Trustor shall give prompt written notia thereof to &neficiary. Beneficiary shall ix entitled ta all
<br /> compeasation, awards and otbtt payments or relief therefor and shall be entitled at its option to commence, appear
<br /> ia �atd pr��.ut� ir, its cwr.. �a :ny ::csioa or prc:,aclin;s. EeneSclsr; sh�!! �lsa � tatit!e� !� mc�e p�y
<br /> compramise or settlement in acmnecdon with sueh taking or damage. All such compensation,awarda,damaga,righta
<br /> of xtion and proceeds awuded to Trustor(the "Praceeds") an hereby assignM to Beneficisry,and Trusror agrees
<br /> to exxute such further assignments of the Praceeds a� Beneficiary or Trustee may require. �
<br /> 6. Ant�intment o�S�e�,or T�usta. Beneficiary may,from time to time,by a written instrument executed
<br /> and acknowledged by Benefleluy,mailed co Tcvstor and recorded in the counry in which the Trust Estate is located.
<br /> and by otherwise complying wi�h the provisions of die applicable law of the State of Nebra�ka,subatitute a successor
<br /> or successors to the Trusta nam�d henin or acting hereunder,
<br /> 7. �,iccessors and �}iQn�. Thia rieed of Trust appltes to, inures to the benefic of and binds all parties
<br /> hento,their heir�,leguea,devisaa, personal represeatatives,successors and assigns. The term"Benoficiary"shall
<br /> mean the owner and holder of the Nate,whether or not named as&neficlary henin.
<br /> 8. s t . Be;n�ficiary, or its agents, represent�tives or workmen, are authoriud to enter at any
<br /> reasonable time upon or in any part of the Trust Estate for the purpose of in�pecting die sanne and for the purpos�
<br /> of performing any of the acts it is authoriud to perform under the terms of any of the Loan Insuumeat�.
<br /> 9. Events of 17efault. Any of the following events shall be deemed an event of default hereunder:
<br /> (a) Trustor shall have failed to make payment of any installment of interest,principal,or principal
<br /> and incerest or any other sum secured hereby when due; or
<br /> (b) There t�u occurnd a breach of or default under any tecm, covenant, agre�,meat, condition,
<br /> provision,representatioa or warranty contained in any of the Loan InstrumenW;or
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