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99• 1��3�
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<br /> •d.�as. ('rustor sha , each in�allment of all taxes and 5pecial ;,. .,
<br /> levied againsc the Trust Estate or any parc ther�f� before delinquency, witha�
<br /> ssmencs ot every kind, now or hereaf�� .
<br /> t ncdce or demand.
<br /> 3' ��swance and Re '
<br /> constitutin ���• TNStor sha�� maintain fire and extended coverage insurance insurin
<br /> g part af the Trusi Estate for such amounts and on such terms reasonably satisfactory to 8eneficia ,
<br /> P�aPerry is secured by a first deed of trust o�moRpage, compiiance wich the insurance re uirem 9 �e1mpf��ements
<br /> martgage shall be sufficient to satisty che requirements af this paragraph 3 relatiny to insurance. ry So Ion9 as �e
<br /> 4 ents of the first deed of �a�
<br /> Trustar shall promptly repair and replace the Trust Estate or an
<br /> the Trusi Estate shall nac deteriorate. In no event shall ihe Trustor commit waste on ar to che Trusr
<br /> Y part thereof so char, except fo� ord;nary wear and
<br /> permit any act to be done in or upon ihe Trust Estate in violation of any law,ordinance or regutation. Tru �e�r,
<br /> discharge at Trustor's cost and expense all liens, encumbrances and charges levied, imposed or ass �tate, or commit, suffer ar
<br /> or any part chereof. stor shall pay and prompU
<br /> essed against che Trusr Estate
<br /> 4• ActJons Aftecting T�ust Estata. Trustor shall appear in and cantest any action or praceedin
<br /> the securiry hereof or the rights or paH,e�s of Beneficiary or Trustee, and shall pay ap costs and expense '
<br /> of cit�@ and attorneys' fe�s, in an g p��p0��9 to affect
<br /> Y such action cr proceedinq in which Beneficiary or Trus:ee may appear. If Trustcr faits to make
<br /> eAY payment ar to do any act as and in the manner provided in any of the Loan Instruments, Benefic aIr'na�d'ng cast of evidence
<br /> their own discretian, withaut obligatian so to do and without notice to o�demand upon Trustor and with
<br /> any obligation, may make or do the same in such manner and to such extent as either may deem necessaY d,af Trusree, each in
<br /> hereof. Trustar shall, immediately upon demand therefor by 8eneficia aut releasing Trustor from
<br /> connection with the exercise by 8eneficiary of the foregoing rights, including without limitation costs of �o prot�ct�a securiry
<br /> rY, pay all costs and expenses incurred by Beneficiary i�
<br /> cas:s, appraisals, surveys and atto�neys' fees.
<br /> e �dence of pUe, courc
<br /> 5• Eminenc Oomain. If the Trust Estate, or an
<br /> any public improvement or candemnation proceedin y pan thereof or interest therein, be taken or damaqed by reason of
<br /> if Trusior receives any no[ice or other information reqa�ding such proceeding, Trustor shall qive r
<br /> g, ar in any other manner including deed in lieu thereof ("Condemnation"), a�
<br /> 8eneficiary. Trustor shail be entitted to alt campensatian, awards and other payments or relief there f
<br /> optia� co cammence, appear in and prosecute in its awn name any actian or proceedings. Trus o sha I Wr'�en notica chereof to
<br /> any campromise or ser.tement in connectio� with such taking or damage. ° and shall be entitled at iu
<br /> also be entitfed to make
<br /> 6• Appointment of Successo� Trustee. Beneficiary may, frem time to pme
<br /> acknowledged by 8eneficiary, mailed to Trustor and recorded in the Caunry in which ihe Trust Estate is I
<br /> camplyi�g �,�,;ih the provisions of the app�;cable law of the Stata of Nebraska substitute a su ce Wr'�en instrument executed and
<br /> named herein or acting hereunder. acated and by otherwise
<br /> ssor or successers to the Trustee
<br /> �• Succasso�s andAssigns. This Second Deed of Trusi applies to,inures to the
<br /> their hei�s, legatees, deviszes, personal represantatives, successars and assigns. The term "
<br /> holder of any promissory nota iven to beneficia benefit of and binds all parties hereto,
<br /> 9 �Y, [whethe� or not named as Beneficiary hereen�crary�shall mean the owner and
<br /> 8• Merge� Conso/Idatfon, Sales o�Leases. Trusior covenants that Trustor wi11 not sell, lease o�o
<br /> of any of the T�usr Estate. In the event that Trus:or sells, leas2s or otherwise disposes of an
<br /> may at its opcion declara the Indebtedness secured hereby immediatety due and payabte, whether or not ntherwisa dispose
<br /> Beneficiary sha11 consent ca a transfer of the Trust Es:ate to a third a Y part°f the Trust Esrats, 8eneficiary
<br /> contained i�, and assumes the obligatians set forth in the First Deed of Trust. The cavenants contained hersi a y default exists.
<br /> P rty to the extent such third party meets the reQuirements
<br /> Properry a�d shall remain in full force and effect until the Indebtedness is paid in full.
<br /> n shall �un with the
<br /> 9• Events cf Defau/L An af the followin
<br /> Y g events shatl be deemed an event af default hereuncler:
<br /> (a1 default shaf! be made in the payment of the Indebtedness or any other sum secured hereb when d •
<br /> or
<br /> Y ue,
<br /> (b) Trustor shall perfo�m any act in bankruptcy; or
<br /> ��) a court of competent jurisdictian shall enter an order,judgment ar decree a rovi
<br /> Trustor seeking any reorganization, dissolution or•simila�relief under an
<br /> law or regulation relatin pp �g a petiticn filed against
<br /> g to bankruptcy, insolvency ur other relief for debtors, and such o dere,tjudgment ar decree shall
<br /> remain unvacated and unsrayed for an aggregate of sixty(601 days(whethec ar not consecuiive) from the first data of ent
<br /> thereof; or any crustee, receiver or liquidator or Trustor or of alt or an
<br /> royalties, revenues, rents, issues or profits thereaf, shall be appointed without the conseni or acquiescence of Trustor a d
<br /> such appointment shall remain unvacated and unsiayed for an a y part �f the Trust Estate, or of any or alI of the
<br /> °f g g r e g a t e o f s i xry (6 0)days (whether or not consecutivel;
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