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<br /> � .� . ` w�er end tosr, tho Truot Eotat� ahall not dotoriorato. In no �v�nt shall the _
<br /> , :',;. s�'"' Truator aamait wa�t� on or to tho Trust Eatsto. _
<br /> r'� �"� � In aa8ltion to caaualty inouranae� Truetor whall provido snd pay tho
<br /> �.�•w. .
<br /> _; ���.�� r, premiums on compreheneivo liability inourAnce covering the premiaes and __
<br /> �-~ ���� protectiny tha BQnofiaiary and Truotor from ell claims, demande, laweuits, and � -_r___=__...�--___�.--_
<br /> ��' � � judqmente ariaing out of in�ury to pereons or demage to proparty oa rring on
<br /> ..�,, the proparty. The aoverege shall be in an amount of not lees than�i 00•�^
<br /> einqle limit for bodily in�ury and property demage. The liebility nsuzence
<br />��.;:= �� and caeualty insurance may be proaured in a single po].icy or may be obtained
<br /> � ���� ia aeparate policies. In any event, euch p�licy or policios ahall neme
<br />���?�� � '��•1 'i: � Beneficiary arid Trustor as ineureds as their intarests may eppear, aad
<br /> ' ' � �� ,i�a p; Beneficiary ahall be provided with a Certificate of Ineurance or duplicete �nO9
<br /> i,::�.� ., � �� �.,r °
<br /> ��,;�:y,<i�?`;��''•'..: �� copy showing the iasurance to be in £ull force and effact at all timoa during
<br /> . �- r�. ' .111
<br /> '��,i{t`��;'�;t'.'<<��. the term of ttiis Daed of Truat. _ �- _
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<br /> � ����.'�° ° :�y 9. ACTIONS AFFECTING TR115T ESTAT6, Truetor sha�ll appear in and canteat _
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<br />� , '� `� , •�y any action or procee rtg purport ng to a fect the security hereof or the ��__,t=._. __._�----
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<br /> r : �••. ri hts or were of Beneficiary or Trustee, and ahall pay all coate and • ,..u:,��
<br /> � ��` � °'"`' '� ' ea-gansas, including cost of evideace of Lit1e and attornoy's feas, in any a�ich _____ _
<br /> � .�✓,��•.;�,�'� �� ' actian or proceed3ag in which Beneficiary or Trustee may appear. Should �� ��4�
<br /> � ' ' � '•''��� . � Tru�tcar fail to maltc any p�zyment or to do any act as and in the manner .�� '�:,� "�~ ._,_
<br /> '�' Beneficiary and/or Trustee each i� �� '''u i�t��:°
<br /> ' provid�cl in any of the Loa;c Znstruments, � ry�q'rF7A"
<br /> � • `.� �a.. ' "' � ite own discretion, without abligation, may matce or do the sama irt such matuner ��:��~°�='
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<br /> � '� i�� � and to such extent as either may deem necessary to protect the security . . �r,:
<br /> ��� d� 6 hereof. Trustor shall, irnaediately upon demand therefor by Beneficiary, pay� �. � ,:. � � i;•�{,_.
<br />� ' 'r'r; ' ,�._ ^ all coets and expenses incurred by Beneficiaz�y in aonnection with the exerGase � �.�,�r�•i,,;.• ,, ,`•{r;;�R;
<br /> • ''+�'���� ''��• � by Benaficiary of the foreqoing rights, including, without limitation, coats !' +f r.���.�-
<br /> �.:'��:j:,r..!1;�' 41t,ey
<br /> � ;til�•.:::'?� . ' ^ 1 �./.:{i�::.i. 9.!i�:�.:�
<br /> of evidence of title, court coats, appraisals, surveye and attorney s fees. ,•,�� .; i+;>:�-,.��„
<br /> Any auch costs and expenses not paid within ten (10) c3ays of written a�a Ej;;��;1��•` r���"'
<br /> • • � ' ehall draw intorest at tho default rate provided in the Note. �i,�x'�'? ''.•'�i;�i�r.,<,
<br /> ��:-
<br /> �r. ,� , � ST.i:�+'�ye;t�:��.'�
<br /> " -- 5, @�lINBNT DoMntN. 8houla the Trunt Estata, or any part thcrcaf �r �'�` � -
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<br /> • interest t ere n, �e t �en or demaged by reason of any� public improvement o�c ��u,r.'�5�;,;�..���
<br /> ' � condemnation proceeding, or in any other manner including dead in lieu of �"���""""'s""""�`
<br /> �P.P��'yLL�-r..__�__—.
<br />" " Condemnation ("Condemnation"), dr should Trustor receive any notice or other �y���.;:-
<br /> � information regarding such Prxeeding, Trustor ehall give prompt written �_-.-__-=- _
<br /> � notice thereof to Beneficiary. Beneficiary shall be entitled to all '��=
<br /> E`z��:'z:-
<br /> ,,. , compeneation awards and other payments ar relief therefor, and ehall be ,�-.--
<br /> entitled to make any compromise or settlement in connection with such taking ���`'_"::
<br /> ' or damage. All such compensation, awards, demages, rights of action and ���m-�,,-••.—
<br /> f ��• ��� proceeds awarded to Truetor (the "Proceeds") are hereby aseigned to �L�j�;;;�-.
<br /> ° . Beneficiary; end Trustor agrees to execute such further aesignnente of the ^�� •--r-:
<br /> Prxeede as Beneficiary or Truatee may require. " . , ,;,�,
<br /> � �• ; ' -�,;..
<br /> � ' � 6. APPOINTMENT OF SUCCE3SOR TRUSTEE. Beneficiary may, from time to �
<br /> • time, by a wr ten nstrument execute an acknowledged by eeneficiury, mailed
<br /> �,;,� :;�; � � to Trustor and recorded in the County in which the Trust Estate is located and ' �-
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<br />- • by otherwise compl.ying wfth the provisions of tho applicable law of the 3tate • �;,j�?;'.
<br /> + of Nebraska substitute a successor or successors to the Truetee nemed herein ' ,f�,,..,-:�, �;�;��:?
<br />� � '' ,. • or acting hereunder. � � ,
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<br />_ �:�, 7. SUCCESSORS AND A33IGNS. Thie Deed of Trust applies to, inures to •;,;:..
<br /> • the benefit o an n s a parties hereto, their heirs, legatees, devisees. � ,..�;�.t�tii!;�!�:;
<br /> " ,' personal repreaentatives, successors and assigne. The term "Benef3ciery" � � _' '"
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<br /> ' ' shall mean the owner and holder of the Note, whether or not nart►ed ae � ";�+k:;:?'.
<br />_ .., Beneficiary herein. '~`''� '
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<br />- . ' 8. INSPfiCTIONS. Beneficiary, or fts agents, representatives or ,.
<br /> � • workmen, are aut or zed to enter at any reasoneble time upon or i�n any part of . ;�
<br /> . the TrustQe Esta�e for the purpose of inspecting the same and fer the purpose • , �
<br /> - �., of performing an7p of the acts it is authorized to perfQrm under the terms of
<br /> r:. any of the Loan Snstruments. •
<br /> • � s;�; Q EVENTS OF DEFAULT. My of the folLo�ing eveots shail k�e deemed an .
<br /> � • , ,. "•I;!� event of de au t ereun er:
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<br /> 1..`� � (a) Trustor shall have failed to make pa,yment of any installment of
<br /> :+,•�:i principal and interest or any Occidental Nebraska Federal Savings Bank
<br /> , ' � ��,':�;' mortgage payments or any other sum secured hereby when due for a period of
<br /> ' _ �_:�j thirty (30) days; or,
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<br /> , i (b) There has occurred a breach of default under any term, covenant,
<br /> . agreement, condition, provision, representation, or warranty contain�d in any
<br /> of the Loan Instruments for a period of thirty days.
<br /> � 10. ACCELERATION llPON DEFAUI,T ADDITIO[�FAI. REMEDIES. ShauLd an event of
<br /> ' defauZt occur, Bene c ary cray Qc are all inde te neso secured h�reby to be
<br /> � due and payable, and the seme shall thereupon become diie and payable without
<br /> I any presentment, demand, protest, or notice of an�r kind. Ther�aft�r the
<br /> Ben�ficiary rnay:
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