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<br /> 2. Taxas. Trustor shall pay each installment of all taxes snd apecial assessments of every kind, �ow or hereat�
<br /> levied aQainst the Trust Estata o� any pan thereot, bafore delinquency, without notice or demand.
<br /> 3. /nsvrancs and Rsp�s/n, Trustor shall maintain fire and extended coverape insurance insu�ing the Improvemer
<br /> constitutinp part of the Trust Estate fo� such amounts and on such terms�easo�abiy satisfactory to Benef(ciary. So lonp as t
<br /> Property Is secured by a first deed of trust or mortpape, complia�ce with the insuranca requirements oi the tirst deed ot trust
<br /> mortgafle shall be suNicient to satisfy the requirements oi this paraQraph 3 relatinQ to lnsurance.
<br /> T�ustor shall promptly repair and replace the Trust Estate or any part thereof so that, except for ordinary wear and te:
<br /> the Trust Estate shall not deteriorate. In no event shall the Trustor commit waste on or to the Trust Estate, or commit, su(ter
<br /> permit any act to be done in or upon the Trust Estate in violation of any law,ordinance or reQulation. Trustor shall pay and prompi
<br /> discharpe at Trustor's cost and expe�se ali liens, encumbra�ces and cha�pes levied, imposed or assessed against the Trust Esta
<br /> or any part thereof.
<br /> 4. Acf/ons A/fect/ng Tiust Estate. Trustor shail appear in and contest any action or proceediny purporting to affe
<br /> the security hereof or the rights or powers ot Beneficiary or Trustee, and shall pay all costs and expenses, including cost of eviden�
<br /> ot title and attorneys' fees, in any such action or proceeding in which Beneficiary or Trustee may appear. Ii Trustor tails to mal
<br /> any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and/or Trustee, each
<br /> their own discretion, without obligation so to do and without notice to or dema�d upon Trustor and without releasing Trustor fro
<br /> any obligation, may make or do the same in such manner and to such extent as either may deem necessary to protect the securi�.
<br /> hereof. Trustor shall, immediately upon demand the�efor by Beneficiary, pay all costs and expenses incurred by Beneficiary
<br /> conn�ction with the exercise by Beneficiary of the forepoing rights. includinQ without limitation costs of evidence of title, cou
<br /> costs, appraisals, surveys and attorneys' fees.
<br /> 5. Em/nent Domain. If the Trust Estate, or any part the�eof or i�terest therein, be taken or�damaged by reason �
<br /> any public improvement or condemnation proceeding, or in any othe�manner including deed in lieu thereof ("Condemnation"), �
<br /> if Trustor receives any notice or other information regarding such proceeding, Trusior shall give prompt written notice thereof �
<br /> Beneficiary. Trustor shall be entitled to all compensation, awards and other payments or relief thereof and shall be entitled at i�
<br /> option to commence, appear in and prosecute in its own name any action or p�oceedings. Trustor shall also be entitled to maF
<br /> any compromise or settlement in conneciion with such taking or damage.
<br /> 6. Appofntmeni of Successor Tiustee. Beneticiary may, from time to time, by a written insirument executed ar,
<br /> acknowledged by Beneficiary, mailed to Trustor and recorded i�the County in which the Trust Estate ls located and by otherwis
<br /> complying with the provisions of ihe applicable law of the State of Nebraska substitute a successor or successo�s to the Truste
<br /> named herein or acting hereunder.
<br /> 7. Successors andAssJgns. This Second Deed of Trust applies to,i�ures to the benefit of and binds all parties heretc
<br /> thei�hei�s, legatees, devisees, personal representatives, successors and assigns. The term 'Benefictary'shall mean the owner an�
<br /> ,
<br /> holder of any promissory note given to beneficiary, (whether or not named as Beneficiary herein�.
<br /> 8• Mergei Conso/JdatJon, Sa/es or Leases. Trustor covenants that Trustor will not sell, lease or otherwise dispos�
<br /> of any of the Trust Estate. In the event that Trustor sells, leases or othervvise disposes oi any part of the Trust Estate, Beneficiar
<br /> may at Its option declare the Indebtedness secu�ed hereby immediately due and payable, whether or not any default exist:
<br /> Beneficiary shall consent to a transfer of the Trust Estate to a third party to the exient such thi�d party meets the �equirement.
<br /> contained in, and assumes the obliyations set forth in the Frst Oeed of Trust. The covenants coniained herein shall run with th-
<br /> Property and shall temain in full•fo�ce and effect until the Indebtedness is paid in full.
<br /> 9. Events of De/aWt. 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 due
<br /> or
<br /> (b) Trustor shall pe�form any act in bankruptcy; or .
<br /> (c) a court of competent jurisdiction shall enter an order,judgment or decree approving a petition filed agains
<br /> Trustor seeking any �eorganization, dissolution or simila�relief under any present or future tederal, atate or other statute
<br /> law or reputation relating to bankruptcy, insolvency or other relief fo�debtors, and such order, judgment or decree shai
<br /> remain unvacated and unstayed for an apgrepate of sixty(60)days(whether or not consecutive) from the first date of ent�
<br /> thereot; or a�y trustee, receiver or liquldator or Trustor or of all or any pan oi the Trust Estate, or of any o� all of th�
<br /> �oyalties, �evenues, rents, Issues or proflts thereof, shall be appointed without the conse�t or acqutescence of Trustor anc
<br /> such appointment ahall remain unvacated and unstayed for an aggrepate of sixty (60)days (whether or not consecutivel,
<br /> or
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