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w <br />r <br />ti <br />89- 101934 <br />receipt for a"' retain the proceeds. If the Trust Property is <br />j" <br />aba.'ldoned by �ri:stor, or if, after notice by Beneficiary .to Trustor <br />bydennor <br />!! <br />that_oned <br />offers to make an award or settle a claim for <br />daaages,.Ttnctor fails to respond to Beneficiary within thirty (30) <br />daw after the date such notice is mailed, Beneficiary is <br />authorited to collect and apply the proceeds in the manner <br />indicated herein,. The proceeds of any award or claim may, after <br />deducting all reasonable costs and expenses, including attorneys' <br />fees, which may have been incurred by Beneficiary in the collection <br />thereof, at the sole discretion of Beneficiary, be released to <br />Trustor, applied:to restoration of the Trust Property, or applied <br />to the payment of the indebtedtess secured hereby. Unless <br />Seaeticiary and Trustor otherwise agree in writing, any-such <br />application of proceeds to indebtedness_shall;•.zmt extend or <br />postpone the due date of the Note or the payment of any <br />i"tailments called for thereunder. <br />19. Security Agreenent and Fizture Filing. This Deed of <br />Trust shall constitute a security agreement arrd,'fina.ncing statement <br />(fixture filing) under the provisions of the Nebraska Uniform <br />Commercial Code with respect to those fixtures described in the <br />preambles hereof as constituting a part of the Trust Property, <br />together.witT all substitutions and replacements therefor and all <br />other property of Trustor, either similar or dissimilar to the. <br />same-, now or hereafter located at or on the Trust Property,. <br />tagatlzer with all proceeds thereof. <br />20.' inspection. Trtastor shall permit seme.fictary, at all <br />reasonable times, to inspect the Trust Property. Any inspection of <br />the Trust Property by Beneficiary shall be entirely for its <br />benefit, and Trustor shall in no way rely or claim reliance <br />thereon. <br />21. Hold Hareless. Trustor agrees to indemnify and hold <br />Eeneficiary harmless from and against any action, proceeding, claim <br />or lien (including, but not limited to, any ne-alianics' lien or <br />other lien on account of.labor or materials furnished or work done . <br />on the Trust Property) affecting,the Trust Property, the first lien <br />priority of this Aced of Trust, or the-value af• the Trust Property, <br />the Note or this Deed of Trust. This obligation to indemnify shall <br />include payment by Trustor of all reasonable attorneys' fees and <br />investigations costs of Eeneficiary and alL other reasonable costs, <br />expenses and liabilities from the first notice of any such action, <br />proceeding, claim or lien. <br />22. Books and Records. Trustor shall maintain a full, <br />complete, standard and modern system of accounting and books and <br />records administered in accordance with sound principles of <br />accounting and conforming to all applicable governmental <br />requirements reflecting the results of the operations of each (in <br />connection with its other operations as well as its operation of <br />the Trust Property, or any part thereof), and shall set aside on <br />its respective books such proper reserves for each fiscal year for <br />depreciation, obsolescence, depletion and amortization and for <br />other purposes as shall be required by sound principles of <br />accounting, including specifically, accelerated depreciation <br />claimed (but adjusted for any disallowance) or to be claimed for <br />federal income tax purposes, and shall deliver to Beneficiary: <br />(a) As soon as practicable after the end of its annual <br />or semi-annual accounting periods, and in any event within sixty <br />(60) days thereafter, (i) balance sheets as at the end of the <br />period, and statements of income, expenses and surplus and <br />unaudited but signed statements of assets, liabilities and nect <br />worth of Trustor for such period and for the period from the <br />beginning of its fiscal year to the end of such annual or semi -- <br />annual period, setting forth in each case, in comparative form, the <br />figures for the <br />corresponding periods of the previous fiscal year, <br />all in reasonable detail and certified by Trustor to be complete <br />and correct and prepared in accordance with accounting principles <br />D: \LOANDOCtHEALTH.DbT <br />�r <br />April lo, 1989 10 <br />y <br />54 <br />w <br />r <br />ti <br />