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3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended
<br />coverage insurance insuring the improvements and buildings constituting part of the Trust Estate for an
<br />amount no less than the amount of the unpaid principal balance of the Note (co- insurance not exceeding
<br />80% permitted). Such insurance policy shall contain a standard mortgage clause in favor of Beneficiary
<br />and shall not be cancelable, terminable or modifiable without ten (10) days prior written notice to
<br />Beneficiary. Trustor's insurance company shall furnish Beneficiary copies of all statements /documents,
<br />as well as a certificate of insurance coverage at Beneficiary's request, with a provision in such certificate
<br />that the insurer shall provide Beneficiary ten (10) days advance notice of any cancellation of the policy at
<br />any time for any reason, or of expiration of policy without renewal thereof. Trustor shall promptly repair,
<br />maintain, and replace the Trust Estate or any part thereof so that, except for ordinary wear and tear, the
<br />Trust Estate shall not deteriorate. In no event shall the Trustor commit waste on or to the Trust Estate.
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal,
<br />state, and local environmental laws, ordinances, rules, requirements, regulations, and publications as now
<br />existing or hereafter existing, amended, supplemented, or supplanted relating to the preservation of the
<br />environment or the regulation or control of toxic or hazardous substances or materials. Trustor hereby
<br />warrants and represents to Beneficiary that there are no toxic or hazardous substances or materials on or
<br />under the Property. Trustor does hereby indemnify and hold Beneficiary harmless and any successors to
<br />Beneficiary's interest from and against any and all claims, damages, losses, and liabilities arising in
<br />connection with the presence, use, disposal, or transport of any substance which is the subject of any
<br />environmental law, regulation, or control of toxic or hazardous substances or materials on, under, from, or
<br />about the Property. This indemnity shall survive reconveyance of the Property secured by this Trust
<br />Deed.
<br />5. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest
<br />any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or
<br />Trustee, and shall pay all costs and expenses, including cost of evidence of title and attorney's fees, in any
<br />such action or proceeding in which Beneficiary or Trustee may appear. Should Trustor fail to make any
<br />payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary
<br />and/or Trustee, in its own discretion, without obligation so to do and without notice to or demand upon
<br />Trustor and without releasing Trustor from any obligation, may make or do the same in such manner and
<br />to such extent as either may deem necessary to protect the security hereof. Trustor shall, immediately
<br />upon demand therefor by Beneficiary, pay all costs and expenses incurred by Beneficiary in connection
<br />with the exercise by Beneficiary of the foregoing rights, including without limitation costs of evidence of
<br />title, court costs, appraisals, surveys and attorney's fees. Any such costs and expenses not paid within ten
<br />(10) days of written demand shall draw interest at the default rate provided in the Note.
<br />6. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest
<br />therein, be taken or damaged by reason of any public improvement or condemnation proceeding, or in
<br />any other manner including deed in lieu of Condemnation ( "Condemnation "), or should Trustor receive
<br />any notice or other information regarding such proceeding, Trustor shall give prompt written notice
<br />thereof to Beneficiary. Beneficiary shall be entitled to all compensation, awards and other payments or
<br />relief therefor, and shall be entitled at its option to commence, appear in and prosecute in its own name
<br />any action or proceedings. Beneficiary shall also be entitled to make any compromise or settlement in
<br />connection with such taking or damage. All such compensation, awards, damages, rights of action and
<br />proceeds awarded to Trustor (the "Proceeds ") are hereby assigned to Beneficiary and Trustor agrees to
<br />execute such further assignments of the Proceeds as Beneficiary or Trustee may require.
<br />7. FUTURE ADVANCES. Upon request of Trustor, Beneficiary, at Beneficiary's
<br />option, prior to reconveyance of the Property to Trustor may make future advances to Trustor. Such
<br />future advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by
<br />promissory notes stating that said notes are secured hereby.
<br />8. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to
<br />time, by a written instrument executed and acknowledged by Beneficiary, mailed to Trustor and Recorded
<br />in the County in which the Trust Estate is located and by otherwise complying with the provisions of the
<br />applicable law of the State of Nebraska substitute a successor or successors to the Trustee named herein
<br />or acting hereunder.
<br />9. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the
<br />benefit of and binds all parties hereto, their heirs, legatees, divorcees, personal representatives, successors
<br />and assigns. The term "Beneficiary" shall mean the owner and holder of the Note, whether or not named
<br />as Beneficiary herein.
<br />10. INSPECTIONS. Beneficiary, or its agents may make reasonable entries upon
<br />and inspections of the Property. Beneficiary shall give Trustor notice at the time of or prior to an
<br />inspection specifying reasonable cause for the inspection.
<br />I I . TRUSTOR NOT RELEASED; FORBEARANCE BY BENEFICIARY NOT A
<br />WAIVER. Extension of the time for payment or modification of amortization of the sums secured by this
<br />Security Instrument granted by Beneficiary to any successor in interest of Trustor shall not operate to
<br />release the liability of the original Trustor or Trustor's successors in interest. Beneficiary shall not be
<br />required to commence proceedings against any successor in interest or refuse to extend time for payment
<br />or otherwise modify amortization of the sums secured by this Security Instrument by reason of any
<br />demand made by the original Trustor or Trustor's successors in interest. Any forbearance by Beneficiary
<br />in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.
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