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21U010451
<br />record and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Deed of
<br />Trust'j, and (iii) Trustor will defend the Trust Estate against the lawful claims of any person.
<br />To Protect the Security of this Second Deed of Trust:
<br />1. Paymentoflndebtedness Trustor shall pay when due the principal of, and the interest on, the
<br />indebtedness and all other sums as provided in the Loan Instruments.
<br />2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind, now or
<br />hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand.
<br />3. Insurance and Repairs Trustor shall maintain fire and extended coverage insurance insuring the
<br />improvements constituting part of the Trust Estate for such amounts and on such terms reasonably satisfactory to Beneficiary.
<br />so long as the Property is secured by a first deed of trust or mortgage, compliance with the insurance requirements of the first
<br />deed of trust mortgage shall be sufficient to satisfy the requirements of this paragraph 3 relating to insurance.
<br />Trustor shall promptly repair and replace the Trust Estate or any part thereof so that, except for ordinary wear and
<br />tear, the Trust Estate shall not deteriorate. In no event shall the Trustor commit waste on or to the Trust Estate, or commit,
<br />suffer or permit any act to be done in or upon the Trust Estate in violation of any law, ordinance or regulation. Trustor shall
<br />pay and promptly discharge at Trustor's cost and expense all liens, encumbrances and charges levied, imposed or assessed
<br />against the Trust Estate or any part thereof.
<br />4. ActfonsAf esting Trust Estate. Trustor shall appear in and contest any action or proceeding purporting
<br />to affect the security hereof or the rights or powers of Beneficiary or Trustee, and shall pay all costs and expenses, including
<br />cost of evidence of title and attorneys' fees, in any such action or proceeding in which Beneficiary or Trustee may appear. If
<br />Trustor fails to make any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary
<br />and /or Trustee, each at their own discretion, without obligation so to do and without notice to or demand upon Trustor and
<br />without releasing Trustor from any obligation, may make or do the same in such manner and to such extent as either may
<br />deem necessary to protect the security hereof. Trustor shall, immediately upon demand therefor by Beneficiary, pay all costs
<br />and expenses incurred by Beneficiary in connection with the exercise by Beneficiary of the foregoing rights, including without
<br />limitation costs of evidence of title, court costs, appraisals, surveys and attorney's fees.
<br />5. Eminent Domain. If the Trust Estate, or any part thereof or interest therein, be taken or damaged by
<br />reason of any public improvement or condemnation proceeding, or in any other manner including deed in lieu thereof
<br />("Condemnation'l, or if Trustor receives any notice or other information regarding such proceeding, Trustor shall give prompt
<br />written notice thereof to Beneficiary. Trustor shall be entitled to all compensation, awards and other payments or relief
<br />thereof and shall be entitled at its option to commence, appear in and prosecute in its own name any action or proceedings.
<br />Trustor shall also be entitled to make any compromise or settlement in connection with such taking or damage.
<br />6. AppoindnentofSuccessor Trustee. Beneficiary may, from time to time, by a written instrument
<br />executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the Trust Estate is
<br />located and by otherwise complying with the provisions of the applicable law of the State of Nebraska substitute a successor
<br />or successors to the Trustee named herein or acting hereunder.
<br />7. Successors and Assigns. This Second Deed of Trust applies to, inures to the benefit of and binds all
<br />parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" shall
<br />mean the owner and holder of any promissory note given to beneficiary, [whether or not named as Beneficiary herein].
<br />8. Meager, Consolidation, Sales or Leases Trustor covenants that Trustor will not sell, lease or otherwise
<br />dispose of any of the Trust Estate. In the event that Trustor sells, leases or otherwise disposes of any part of the Trust
<br />Estate, Beneficiary may at its option declare the Indebtedness secured hereby immediately due and payable, whether or not
<br />any default exists. Beneficiary shall consent to a transfer of the Trust Estate to a third party to the extent such third party
<br />meets the requirements contained in, and assumes the obligations set forth in the First Deed of Trust. The covenants
<br />contained herein shall run with the Property and shall remain in full force and effect until the Indebtedness is paid in full.
<br />Events of Default. Any of the following events shall be deemed an event of default hereunder:
<br />(a) default shall be made in the payment of the Indebtedness or any other sum secured hereby when
<br />due or
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