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2. Taxas, Trustor shall pay each inslallntertt of all taxes and special assessmer200003880 t
<br />levied against the Trust Estate or any part thereof, before dclinqucsrtcy, without sf)e notice s demand,
<br />Y now or hereafter
<br />3• /nsuranca end Ra
<br />constituting part of the Trust Estal�f r fire
<br />teattsxrcaslonably sate larsuranCe insuring
<br />Property is secured by a first deed of trust or mort � g the Improvements
<br />nuutgagc shall be sufficient to satisfy the requirenutrtts of this Tara ra rl t relating Cory la Beneficiary. ea long u the
<br />g• Oe, cnntpliance with (lie insurance requirements of the first deed of trust or
<br />I (1 f g to insurance.
<br />the Trust Estate Shall AM deteriorate. ,In)noleventtshallrtlte 7rustorrrr an
<br />Y part thereof so that, except for ordinary wear and leaf.
<br />Permit any act to be clone in or upon the Trust Estate trt violation of any law, ordinance or regulation. Trustor Shall
<br />commit waste on or to the Trust Estate, or commit, suffer or
<br />discharge at hereof. is cost and expense all liens, encumbrances and charges levied, imposed or assessed
<br />or any part thereof. all pay and promptly
<br />against the Trust Estate
<br />n• Actions A / /acti,ry Tiusr Esfato.
<br />the security hereof or the rights or powers of Beneficiary or Trustee, and shall i
<br />rustor shall appear in and contest any action or proceeding purporting to affect
<br />Of title and attorneys' fees, in any such action or pruceedin(1 in whir ;h Beneficiary or Trustee may an
<br />Y Payment or io , any act as and in the manner provided in any of the Loan Instruments, ustee expenses, Beneficiary ppe including cost it evidence
<br />their own discretion, without obligation so to do and without Holier. to or dernartd upon Trustor and willtou It Trustor faits to make
<br />any obligation, may make or do the same in such manner and to such extent as either may Trustor a wihot and /or Trustee, each in
<br />hereof. Trustor shall, immediately upon demand therefor id Beneficiar t releasing Trustor front
<br />connection with the exercise by Beneficiary of the Inregoing rigltl c including without limitation costs in urr protect the security
<br />y. PaY all costs and expenses incurred by Beneficiary in
<br />costs; ahrrraisals, surveys an(] attornc
<br />Y6' Ices, dent.(, of title., court
<br />�• Emintrnt Domain. If the Trust Estate, or an
<br />any public improvement or condemnation Y Part thereof or interest therein, be taken or damaged by reason of
<br />proceeding, or n any other manner including deed in lieu thereof ( "Condemnation "), or
<br />a Trustor receives any notice or other information regarding such her manner
<br />Beneficiary. Trustor shall be entitled to all compensation, awards and other
<br />. Trustor shall give prompt written notice thereof to
<br />option to commence, appear in and prosecute in its own name any action orpprorceed ngs relief Trustor shall I also toll be eHti(led at its
<br />any compromise or settlement in connection wiUr such taking or damage.
<br />e entitled to make
<br />6. APPoinciary, o/ Successor for atea. Beneficiary nray, from time to time, by a written instrument ex
<br />acknowledged by Beneficiary, mailed to Trustor and recorded is the Count
<br />complying with the provisions of the applicable law of the State of Nebraska i substitute a successor or suttee Bother and
<br />County in which the Trust Estate is located and by otherwise
<br />named herein or acting hereunder.
<br />successors to the Trustee
<br />�• Successors and Assigns. This Second Deed of Trust applies to, inures to the benefit of and bind
<br />their heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" holder of any promissory note given to beneficia► s all parties hereto,
<br />Y, iwhe.ther or nut named as Dene(iciary hereinj, 1fYM shall mean the owner and
<br />©• Mcrgor, Cansolidat /on, Sa /as or Loasns.
<br />of any of the Trust Estate. In the event that Trustor sells, leases or otherwise disposes of an
<br />Trustor covenants that Trustor will not sell, lease or otherwise dispose
<br />may at its option declare the Indebtedness securer, herr:by es Or other due and
<br />Beneficiary shall consent to a transfer of the Trust Estate to a third y Part of the Trust Estate, Beneficiary
<br />contained d and assumes the obligations set forth in the•. First Deed of Trust. The covenants third party not any de /quit exists.
<br />Property and shall remain in full force and select until the, bulrbtec -( f it paid The extent such third party meets the requirements
<br />herein shall run with the
<br />D• Events of D ©fault. Any of the following events shall be deemed an event of default hereunder:
<br />or
<br />(a) default shall be made in the payment of the Indebtedness or any other sum secured hereby when due;
<br />(bl Trustor shall perform any act in bankruptcy; or
<br />IC) n court of competent jurisdiction shall enter an order, judgment or decree a
<br />Trustor seeking any reorganization, dissolution or similar relief under an
<br />law or regulation relating approving a petition filed against
<br />fl to bankruptcy, Insolvency or other relief for debtors, and such order,
<br />Y Present or future federal, state or other statute,
<br />remain unvacated and unstayed for an aggregate of sixty (Gq) days (whether or not consecutive) from the first thereof; or any trustee, receiver or liquidator or judgment or decree shall
<br />royalties, revenues, rents, issues or profits thereof, ShallrberappointedawiUtout the consent or t e,esc date of entry
<br />such appointment shall remain unvacatecJ and unstayed for ,►n aggregate y Part of the Trust Estate, or of any or all of the
<br />or of sixty (60) days (wl)etlter or lot consecutive);
<br />JIBA -7
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