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<br />2. TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments
<br />of every kind, now or hereafter levied against the Trust Estate or any part thereof directly without notice or
<br />demand as each installment comes due and shall provide the Beneficiary with evidence of the payment of
<br />the same.
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage
<br />insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less
<br />than the amount of the unpaid principal balance of the Note (co-insurance not exceeding 80% permitted).
<br />Such insurance policy shall contain a standard mortgage clause in favor of Beneficiary and shall not be
<br />cancelable, terminable or modifiable without ten (10) days prior written notice to Beneficiary. Trustor's
<br />insurance company shall furnish Beneficiary copies of all statements/documents, as well as a certificate of
<br />insurance coverage at Beneficiary's request, with a provision in such certificate that the insurer shall provide
<br />Beneficiary ten (10) days advance notice of any cancellation of the policy at any time for any reason, or of
<br />expiration of policy without renewal thereof. Trustor shall promptly repair, maintain, and replace the Trust
<br />Estate or any part thereof so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate.
<br />In no event shall the Trustor commit waste on or to the Trust Estate.
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal, state,
<br />and local environmental laws, ordinances, rules, requirements, regulations, and publications as now existing
<br />or hereafter existing, amended, supplemented, or supplanted relating to the preservation of the environment
<br />or the regulation or control of toxic or hazardous substances or materials. Trustor hereby warrants and
<br />represents to Beneficiary that there are no toxic or hazardous substances or materials on or under the
<br />Property. Trustor does hereby indemnify and hold Beneficiary harmless and any successors to Beneficiary's
<br />interest from and against any and all claims, damages, losses, and liabilities arising in connection with the
<br />presence, use, disposal, or transport of any substance which is the subject of any environmental law,
<br />regulation, or control of toxic or hazardous substances or materials on, under, from, or about the Property.
<br />This indemnity shall survive reconveyance of the Property secured by this Trust Deed.
<br />5. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any
<br />action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee,
<br />and shall pay all costs and expenses, including cost of evidence of title and attorney's fees, in any such action
<br />or proceeding in which Beneficiary or Trustee may appear. Should Trustor fail to make any payment or to
<br />do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and/or Trustee, in its
<br />own discretion, without obligation so to do and without notice to or demand upon Trustor and without
<br />releasing Trustor from any obligation, may make or do the same in such manner and to such extent as either
<br />may deem necessary to protect the security hereof. Trustor shall, immediately upon demand therefor by
<br />Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with the exercise by
<br />Beneficiary of the foregoing rights, including without limitation costs of evidence of title, court costs,
<br />appraisals, surveys and attorney's fees. Any such costs and expenses not paid within ten (10) days of written
<br />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 any
<br />other manner including deed in lieu of Condemnation ("Condemnation"), or should Trustor receive any
<br />notice or other information regarding such proceeding, Trustor shall give prompt written notice thereof to
<br />Beneficiary. Beneficiary shall be entitled to all compensation, awards and other payments or relief therefor,
<br />and shall be entitled at its option to commence, appear in and prosecute in its own name any action or
<br />proceedings. Beneficiary shall also be entitled to make any compromise or settlement in connection with
<br />such taking or damage. All such compensation, awards, damages, rights of action and proceeds awarded to
<br />Trustor (the "Proceeds") are hereby assigned to Beneficiary and Trustor agrees to execute such further
<br />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 future
<br />advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by promissory notes
<br />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 or
<br />acting hereunder.
<br />9. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the benefit
<br />of and binds all parties hereto, their heirs, legatees, divorcees, personal representatives, successors and
<br />assigns. The term "Beneficiary" shall mean the owner and holder of the Note, whether or not named as
<br />Beneficiary herein.
<br />10. INSPECTIONS. Beneficiary, or its agents may make reasonable entries upon and
<br />inspections of the Property. Beneficiary shall give Trustor notice at the time of or prior to an inspection
<br />specifying reasonable cause for the inspection.
<br />11. 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 release
<br />the liability of the original Trustor or Trustor's successors in interest. Beneficiary shall not be required to
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