|
�-'� . " ".�' _ --
<br /> �
<br /> • r:::::�"r�=�,.���;,�� .�=w'—=��=', -- .��_��—
<br /> �::,:�_�. -- --_-__ -------
<br /> „ . -- ..,_._--
<br /> To Prot�ot th� S�ourity of thls Socond 6��d of Trust; 9QN ��29�'�
<br /> � 1. P�ym�nt of Ind�bt�dn�M. Tru�tor I1h11N p�y wh�n du• lM prhalp�l al, �nd lh� InlKi�t on,in•hawuan�e� �nd aN oth�r
<br /> •um�u provkNd In th�Lo�n In�trumMll,
<br /> 2, T�X��. Trutlor /h�N p�y Mah hsqlY»MI ol 1111 tutll� �nd ap�ell� ����s���� o��►Y kinA, now or h�rwRK IwMd �p�htt th�
<br /> Tru�l B�tat�or�ny put th�r�of,b�lorN ddk�q�ncy,wNhoul nolb�or d�nmd.
<br /> 3� InsuranEe nnd Hepelr!!,iru�lor eh�11 m�fnt�ln IW �nd �xlMd�d cownp� Ineur�nc• fnsurinp th�Improwm�nts aonpRuthp r
<br /> pk t odNd�o1 turultEor`mortpap�, compNwne�awMh th�ufnwr�na nquk�•im�ntt o'th��flrst dNd o'f trust or mortp�p��h�N be wlibl�nt 1��hN
<br /> th�nqulr«n�nt�of thh par�praph 3 r�wlh� iG iniuranC�.
<br /> Tru�tor �h�N promptly r�p�k�nd npl�c:�Ihs Truat Est�t� or�ny prA lli�nof so lh�t, �xcspt lor ordin�ry w�Nr�nd lMr,Ih� Trwt Est�t�
<br /> sh�ll not d�t�bnb,In no want ah�N th�Tru6tor CommR w�st� on or to the Truet Eat�ts, or commR,auffer or pwmR�ny �ct to be don� fn
<br /> or upon th� TN6t ESI�t� if1 vbktbn ol any I�w, ordinanca or roputation. TNStor shell pay �nd promptly dischu� �t Yrustor'a coat �nd
<br /> expons��II Ihne,�naimbr�nc�a Rnd chupes levwd, knpos�d or as��ss�d�palnst lhs Trust Est�te or�ny p�R thK�of.
<br /> 4. ACtlons Attectina Truat EsUte. Trustor sh�ll appsar fn snd contesl any �ctbn or praeedhq purporthp to �Mer:t lh�
<br /> securky hersal or the rfphts or powere ot Bsnef�Ciery or Trustes,antl thall pay ell aocts snd sxponsea, Includhp cost ot widsna ol tHk
<br /> and attomey�'bea,In any such �ction or proce�tlinp In whbh BeneticMry or Trustea m+►Y �PPe�r. II Trustor tafls to rru�ks eny payrnent or to
<br /> do iny rct�s and In the mannar prov�ded In any ol th�Loan Instrum�nts, B�n�fbl�ry and/or Trust�s,sach in th�k own discrstbn,wRhout
<br /> ablip�tk�n so to do end withoul notfce to or damnnd upon Trustor and wHhout nls�slnfl Trustor hom any oblq�tbn, may rruika or do ths
<br /> s�m� in auch manner �nd to such uxunt as eNher may deem nscess�ry to protect ths securRy hereof.Truslor shtll, Mmedlat�y upon
<br /> dsmand th�nlor by Bansfbiary, p�y a�costs �nd expe�ass fncurcsd by B�nefic4ry in Connectbn wRh th� exwals� by B�nsfbl�ry ot the
<br /> forspoinQ riphts, fncludhp wRhout Iimkatbr► costs of evWence of tRb, couR cosls, epprelsals,surveys and attorneys' fees,
<br /> 6. Eminent Domaln. If the Trust Estale, or any part thsrsol or htarest thereh, be teken or d�map�d by rMSOn of �ny publb
<br /> knprovsm�nt or condamnatlon proceedYp, or In �ny other m�nnor k�cludhp dead In Iiwi thereof ("Condemnttion"�, or N Tnietor roc�Nas any
<br /> not�s or othx h(ormntlon rsp�rdinp such proce�dinp,Trustor sht� yN�prompt wrlttsn notice ihxeof to Bw�sfb�ry.Trua�r,ntl Pros�auts�
<br /> to all compensatbn,awards and other peyrnents or relbf thereol�nd sh�ll bs e�tkbd at Rs optbn to comn+�nca,appea
<br /> ks own name any actbn or proceedkiqs.l'rustor shall also be entklsd to make any compromise or settbment fn connectbn wkh such t�kfn0
<br /> or damap�.
<br /> o, rj,�;,::i�.ii`,CT.L =! S!�r_r.�gfoof T�ustlQ. BenefiClery maY, kom tkne to ifine, by a w►kt�n In�trumYnt sx�CUlad and
<br /> �cknowwdpsd by 8�ne}byry, mailed to Truetor end recorded In the County in wh�Ch tho Trust Estats Is locatetl�na by otihrwia�cur�w��'�w
<br /> wkh the prqvisbns of the appl�edle �w ol the State of Nebroaka substRut� a successor or successore to lh� TrustN nur►�d h�nb or
<br /> �ctinq h�reundsr•
<br /> 7. SUCCQitO�s end A�slqns. This S�cond Daod ot Trust rpp�ks to, fnures to tha b�nNit of a�d bads all p�Ai�s h�nto,their
<br /> h�ks, kp�te�s, dwlsNS� Parson�l repnsenuthres, auccessors �nd assqns.Tha tarm "Benaf�clery' ahall msan ths ownsr �nd holdK ot�ny
<br /> promksory not�ahhn to b�n�fbyr�, [whathK or not namad as B�n�fbrry hasinJ.
<br /> 8, Mer�er, Consolld�Uoo,Salea or Lease�. Truttar covMants that Tnistor w{N not s�M,bas�or oth�rfN dispos� of�ny
<br /> of th�Truat�stwt�.In th�w�nt thRt Tmstor s�NS, Is�sss or oth�rwise dbpos�s of�ny p�A of th�Truat Ettat�,B�nNiCfary m�Y ��ks optbn
<br /> dsc�n th� IndsbUdn�ss s�cund hmby h�medfately d�.�� �nd paYsbM, wh�ther or not any dMauk sxkts. BeneNC�ry ah�M conf�nt to a
<br /> Kmthr of th�Tru�t Esut�to a thkd party to ths ucbnt such third p�rty mMta th�nquWrn�nts Conlahod in��nd�ssum�a th�obNp�tlon�
<br /> s�t forth h lhe Flrst D�ed of Trust. Th� cove��nts contah�d h�nh sh�M run with tM Prop�rty �nd �haM rsm�in In 1uN forc�and MNct untM
<br /> th��ndebtsdn�ES b p11�d h 1u11.
<br /> 9. Event�of Default.Any of th�folbwinq evsnte shall be dMtnmd an event ot dM�uK hsrsundK:
<br /> (�) defauk shaA be m�d0 h the pl�yrnent of thY indobt�dnsss or �ny other sum secured h�nby when dur,
<br /> or
<br /> (b) Trustor shaM psrform nny Rct in b�nk�uptoy;or
<br /> (C) a court of Compst�nt Jurisdfctbn shaN enter�n order, judpment or decrss�pprovinp a petkbn fiNd�pafnst Truator s�Ncfnp anY
<br /> norp�nfution, dissolution or slmNar rslbl under any pnsmt or futuro �sd�a�t f a���sheM rArfwh tunvaCabd end unsl�ysd t o9 �n
<br /> bankruptcy. InsoN�ncy or other roliM for dehlors, and such order, jud9nxn
<br /> �pprpNe of sbcty (60) daYs (�^'hNhK or not consscutive) hom lH� first date of enlry thersof; or �ny truste�, rec� or Ilquld�tor a
<br /> 7rustor or o} iA or �ny part of lhe Trust Eshte, or of �ny or �N o} the royaRfes, revenues, rsnts, fssws or profils thanot, ShaM b�
<br /> �ppofnted wilhout the conse�t a acqulescence of Trustar and such appofnlment shalt remaln unvacated and unstayed for an apqrp�le
<br /> ol sixty(60)deYs(whethe�or not consecutive):or
<br /> �i3a�o.LMa(e/oe) Pay�2 of 5
<br />..:�
<br />.,�
<br /> �
<br />: .�
<br /> ea�»
<br />
|