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200008649 E. Upon request of Beneficiary, Trustor shall pay to Beneficiary each month such amount as is determined by the Beneficiary to be necessary to enable the Beneficiary to have sufficient funds on hand to satisfy the Trustor's obligation for insurance premiums, taxes, and assessments. 4. Default: Trustor covenants and agrees that its failure to make any payment of either principal or interest on the Promissory Note secured hereby when due and payable, or of its failure to comply with any of the covenants and agreements herein, shall cause the whole sum of money hereby secured to become due and collectible at once at the option of the Beneficiary, and the Beneficiary shall have the right to cause Notice of Default to be given and the premises sold as provided herein. 5. It is Mutually greed That: A. Trustee's Ordinary Duties: At any time and from time to time, upon written request of the Beneficiary, payment of fees and presentation of this Deed of Trust and the Promissory Note for endorsement (in case of full reconveyance, for cancellation and retention), without affecting the liability of any person for the payment of this indebtedness, Trustee shall (a) consent to the making of any map or plat of said property; (b) join in granting any easement or creating any restriction thereof; (c) join in any subordination or other agreement affecting this Deed of Trust or the lien or charge thereto; (d) reconvey, without warranty, all or any part of said property. B. Reconveyance: When the obligation secured by this Deed of Trust has been satisfied, the Trustee shall, upon written request by the Beneficiary, reconvey the trust property. The Grantee in any reconveyance shall be the Trustor or its successor in interest. The Beneficiary shall deliver to the Trustor the Deed of Trust and the Promissory Note shown as satisfied and paid in full. In the event the Beneficiary improperly refuses to request a reconveyance from the Trustee, the Trustor shall have the rights and remedies as set forth in Section 76 -1014 of the Nebraska Statutes as the same are constituted at the time this Deed of Trust is executed. C. Default and Deficiency Judgment Procedure: Upon default by Trustor in the payment of any indebtedness secured hereby or in the performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of a written declaration of default. If Beneficiary desires said property be sold, it shall deposit with Trustee this Deed of Trust and all Promissory Notes and documents evidencing expenditures secured hereby, and shall deliver to Trustee a written Notice of Default and election to cause said property to be sold in the form required by law, which shall be duly filed for record by the Trustee. Sale and distribution procedure shall be as follows: (1) After the lapse of such time as may be required by law following the recordation of said Notice of Default, and Notice of Sale having been given as required by law, Trustee, without demand on Trustor, shall sell said property on the date and at the time and place designated in said Notice of Sale, at public auction to the highest bidder, the purchase price to be payable in lawful money of the United States at the time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from time to time until it shall be completed, and in every case, notice of postponement shall be given by public declaration thereof by such person at the time and place last appointed for the sale; provided, if the sale is postponed for longer than one day beyond the day designated in the Notice of Sale, notice thereof shall be given in the same manner as the original Notice of Sale. Trustee shall execute and deliver to the purchaser its deed conveying said property so sold, but without any covenant or warranty, express or implied. The recitals in the deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including the Beneficiary, may purchase at the sale. (2) When Trustee sells pursuant to the powers herein, Trustee shall apply the proceeds of sale to the payment of costs and expenses of exercising the power of sale and of the sale, including payment of Trustee's fees actually incurred, which Trustee's fees shall not in the aggregate exceed the following amounts based upon the amount secured hereby and remaining unpaid: 5 percentum on the first $1,000.00 thereof; .05 percentum on the balance thereof, and then to the items in subparagraph (3) in the order there stated. Page 2 of 4