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<br /> 2. Taxes. Trustor shall pay each instaliment of all taxes and special assessments of every kind, now or herea(ter
<br /> levied apainst the Trust Estate or any part thereof, betore delinquency, without notice or demand.
<br /> 3. /nsuranca and Rapa/is. Trustor shall maintain fire and extended coverage insurance insuring the Improvements
<br /> constituting part o( the Trust Estate for such amounts and on such terms reasonably satisfactory to 8eneticiary. So long as the
<br /> Property is secured by a tirst deed of trust or mortpage, compliance with the insurance requireme�ts oi the first deed o( trust o�
<br /> mortpape shall be sufficient to satisfy the requirements of this paragraph 3 relating to insurance.
<br /> Trustor shall promptly repair and replace the Trust Estate or any part thereof so that, except for ordinary wear and tear,
<br /> tl�e Trust Estate shall not deteriorate. in no event shall the Trustor commit waste on or to the Trust Estate, or commit, suf/er or
<br /> permit any act to be done in or upon the Trust Estate in violation oi any law, ordinance or�eeulation. Trusto�shall pay and promptly
<br /> discharge at Trustor's cost and expense all liens, encumbrances and charges fevied, imposed o�assessed against the Trust Estate
<br /> or any part thereof.
<br /> 4. Aci/ons Atfect/ng Tiust Estate. Trustor shall appear in and contest any action or proceedinfl purporting to atfect
<br /> the security hereof or tfie�ic�hts o�powers o(Bene(iciary or Trustee, and shall pay all costs and expenses, including cost of evidence
<br /> of title and attorneys' fees, in any such action or proceeding in which Beneticiary or Trustee may appear. If Trustor fails to make
<br /> any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and/or Trustee, each in
<br /> tlieir own discretion, wittiout oblipation so to do and without notice to or demand upon Trustor and without releasinp Trustor from
<br /> any oblic�ation, may make or do the same in such man�er and to such extent as either may deem necessary to protect the security
<br /> hereof. Trustor shall, immediately upon demand therefor by 8eneficiary, pay all costs and expenses incu�red by Beneficiary in
<br /> connection with the exercise by Beneficiary of the foregoing rights, including without limitation costs of evidence of title, court
<br /> costs, appraisals, surveys and attorneys' fees.
<br /> 5. Eminent Domain. If the Trust Estate, or any part thereof or interest therein, be taken or damaged by reason of
<br /> any pu�lic irt�provement or condemnation proceeding, or in any other manner including deed in lieu thereof ("Condemnation"), or
<br /> if Trustor receives any notice or other information regarding such proceeding, Trustor shall give prompt written �otice thereof to
<br /> Beneficiary. Trustor shall be entitled to all compensation, awards and other payments or relief thereof and shall be entitled at its
<br /> option to commence, appear in and prosecute in its own name any action or proceedings. Trustor shall also be entitled to make
<br /> any compromise or settlement in conneciion with such taking or damage.
<br /> 6. Appointinent a(Successa� T�ustae. Beneficiary may, from time to time, by a written instrument executed and
<br /> acknowledged by Beneficiary, mailed to Trustor and recorded i� the County in which the Trust Estate is located and by otherwise
<br /> complying with the provisions af the applicable law of the State of Nebraska substitute a successor or successors to the Trustee
<br /> named herein o� acting hereunder.
<br /> 7. Successois andAssigns. This Second Deed of Trust applies to,inures to the benefit of and binds all parties hereto,
<br /> their heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" shall mean the owner and
<br /> holder of any promissory note given to beneficiary, (whether or not named as Beneficiary hereinj.
<br /> 8. Merge� Conso/ldatlon, Sa/es or Leases. Trustor covenants that Trustor will not sell, lease or otherwise dispose
<br /> of any of tf�e Trust Estate. In tt�e event that Trustor sells, leases or otherwise disposes of any part of the Trust Estate, Beneficiary
<br /> may at its option declare the Indebtedness secured hereby immediately due and payable, whether or not any default exists.
<br /> Beneficiary shall consent to a transfer of the Trust Estate to a third party to the extent auch third party meets the requirements
<br /> contained in, and assumes the obliflations set forth in the First Oeed oi Trust. The covenants contained herein shall run with the
<br /> Property and shall remain in full�force and effect until the Indebtedness is paid in full.
<br /> 9. Events of Defau/t. Any of the following events shall be deemed an event of default hereunder:
<br /> (a) default shall be made in the payment of the Indebtedness or any other sum secured hereby when due;
<br /> or
<br /> (b) Trustor shall perform any act in bankruptcy; or
<br /> (c) a court of competent jurisdiction shall enter an order,judgment o�decree approvinp a petition filed ac�ainst
<br /> Trustor seekinfl any reorpanization, dissolution or similar relief under any present or future federal, state or other statute,
<br /> law or regulation relatinfl to bankruptcy, insolvency or other relief for debtors, and such order, judpment or decree shall
<br /> remain unvacated and unstayed for an aggregate of sixty(60) days (whether or not consecutive) trom the first date of entry
<br /> thereof; or any trustee, receiver or liquidator or Trustor or of all or any part of the Trust Estate, or of any or alt of ihe
<br /> royalties, revenues, rents, issues or profits thereot, shall be appainted without the co�sent or acquiescence ot Trustor and
<br /> sucli appointment shal� remai�unvacated and unstayed (or an agprepate of sixty (60) days (whether or not co�secutive);
<br /> or
<br /> ., F� � �� .,
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