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2 201506887 successors and assigns forever, against the claims of all persons. Trustor, at its expense, will maintain and preserve the lien of this Trust Deed as a lien upon the Trust Property subject only to encumbrances existing as of the date hereof, will cause this Trust Deed, and each amendment or supplement thereto, to be filed and recorded as a mortgage of the Trust Property in such manner and in such place, and will take such other action as in the opinion of Trustee may be required by any present or future law in order to perfect, maintain and protect the lien of this Trust Deed, as the same may be from time to time amended or supplemented. 2. Payment of Principal and Interest. Trustor shall punctually pay the principal of, and interest on, said promissory note including any advances thereto as provided herein on the dates and at the place and in the manner provided therein and will punctually perform all agreements, conditions and pro- visions of any other security instrument given in connection with this transaction. 3. Preservation and Maintenance of Property. Trustor will not commit any waste upon the Property and will, at all times, maintain the same in good order and condition and will make, from time to time, all repairs, renewals, replacements, additions and improvements which are reasonably required to prevent waste, impairment, or deterioration of said property. No building or improvement now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. 4. Insurance. Trustor, at its expense, will maintain with insurers approved by Beneficiary, insurance with respect to the improvements and personal property, constituting the Property against loss by fire, lightning, tornado, and other perils covered by standard extended coverage endorsement, in an amount equal to at least one hundred percent of the full replacement value thereof; and insurance against such other hazards and in such amount as is customarily carried by owners and operators of similar properties and as Beneficiary may require for its protection. Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection by insurance of the interest of the respective parties. All insurance policies maintained pursuant to this Trust Deed shall name Trustor and Beneficiary as insureds, as their respective interests may appear, and provide that there shall be no cancellation or modification without fifteen days prior written notification to Trustee and Beneficiary. In the event any policy hereunder is not renewed on or before fifteen days prior to its expiration date, Trustee or Beneficiary may procure such insurance and the cost thereof shall be added to the loan secured by this Trust Deed and shall bear interest at the greater of the interest rate specified therein or the highest interest rate authorized by the laws of the State of Nebraska. Trustor shall deliver to Beneficiary the original policies of insurance and renewals thereof or memo copies of such policies and renewals thereof. Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option of Beneficiary, constitute a default. All unearned premiums are hereby assigned to Trustee as additional security and a sale and conveyance of the Property by the Trustee shall operate to convey to the purchaser the Trustor's interest in and to all policies of insurance upon the Trust Property. If Beneficiary shall so request, Trustor agrees that there shall be added to each periodic payment required to be made an amount estimated by Trustee to be sufficient to enable Trustor to pay, in advance, the premiums of insurance as required under this paragraph. 5. Escrow. Upon written demand by Beneficiary, Trustor shall pay to Beneficiary, in such manner as Beneficiary may designate, sufficient sums to enable Beneficiary to pay at they become due one or more of the following: (i) all taxes, assessments and other charges against the property, (ii) the premiums on the property insurance required hereunder, and (iii) the premiums on any mortgage insurance required by Beneficiary.