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202108729 <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the <br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided <br />in the Loan Instruments. <br />2. REAL ESTATE TAXES. Trustor shall pay the annual real estate taxes to the Hall <br />County Treasurer before the taxes become delinquent and shall furnish tax receipts to Beneficiary <br />on or before May 1 and September 1 each year. <br />3. 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 Beneficiaries <br />or Trustee, and shall pay all costs and expenses, including cost of evidence of title and attorney's <br />fees, in any such action or proceeding in which Beneficiaries or Trustee may appear. Should <br />Trustor fail to make any payment or to do any act as and in the manner provided in any of the <br />Loan Instruments, Beneficiaries and/or Trustee, each in its own discretion, without obligation, may <br />make or do the same in such manner and to such extent as either may deem necessary to protect <br />the security hereof. Trustor shall, immediately upon demand therefor by Beneficiaries, pay all <br />costs and expenses incurred by Beneficiaries in connection with the exercise by Beneficiaries of <br />the foregoing rights, including, without limitation, costs of evidence of title, court costs, appraisals, <br />surveys and attomey'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 />4. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest therein, be <br />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 <br />any notice or other information regarding such proceeding, Trustor shall give prompt written notice <br />thereof to Beneficiaries. Beneficiaries shall be entitled to all compensation and condemnation <br />awards and other payments or relief therefor, and shall be entitled to make any compromise or <br />settlement in connection with such taking or damage. All such compensation and condemnation, <br />awards, damages, rights of action and proceeds awarded to Trustor (the "Proceeds") are hereby <br />assigned to Beneficiaries; and Trustor agrees to execute such further assignments of the <br />Proceeds as Beneficiaries or Trustee may require. Proceeds to be applied to reduce principal on <br />note. <br />5. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiaries may, from time to time, by <br />a written instrument executed and acknowledged by Beneficiaries, mailed to Trustor and recorded <br />in the County in which the Trust Estate is located and by otherwise complying with the provisions <br />of the applicable law of the State of Nebraska substitute a successor or successors to the Trustee <br />named herein or acting hereunder. <br />6. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the benefit of <br />and binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors <br />and assigns. The term "Beneficiaries" shall mean the owners and holders of the Note, whether or <br />not named as Beneficiaries herein. <br />7. INSPECTIONS. Beneficiaries, or their agents, representatives or workmen, are <br />authorized to enter at any reasonable time upon or in any part of the Trust Estate for the purpose <br />of inspecting the same and for the purpose of performing any of the acts it is authorized to perform <br />under the terms of any of the Loan Instruments. <br />8. EVENTS OF DEFAULT. Any of the following events shall be deemed an event of <br />default hereunder: <br />(a) Trustor shall have failed to make payment of any installment of interest, principal, or <br />principal and interest or any other sum secured hereby when due; or, <br />(b) There has occurred a breach or default under any term, covenant, agreement, <br />condition, provision, representation, or warranty contained in any of the Loan Instruments. <br />2 <br />