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200113206 2.2 The property is free and clear of all liens and encumbrances except for None 3. Maintenance of the Security. 3.1 Trustor shall keep the security in good condition and repair; shall not commit or suffer waste; shall not do or allow anything to be done which will increase the risk of fire or other casualty to the premises or diminish the value of the security except reasonable wear and tear; and, shall not alter the design or structural charter of any building or add any building within the security without the written consent of the Beneficiary. 3.2 If the security or any part thereof is damaged by fire or other cause including condemnation, Trustor shall give immediate written notice of the event to the Beneficiary. Trustor shall use any proceeds of compensation for the damaged from the insurance, condemnation award or otherwise to restore or replace the proceeds to the Beneficiary at the option of the Beneficiary. If part of the security is damaged, the Trustor shall restore, repair, or alter the remaining property in a manner satisfactory of the Beneficiary. 3.3 The Beneficiary or it's representative is hereby authorized to make or cause to be made reasonable entries upon and inspections of the premises. 3.4 The Trustee shall promptly comply with all present and future laws, ordinances, rules and regulations of any governmental authority affecting the premises or any part thereof. This shall apply to any construction upon the premises as well as the operation of any business upon the premises. 4. Insurance. Trustor shall keep the security insured against: (1) loss by perils covered by standard fire policy with standard extended coverage endorsement, in an amount equal to 100% of the full replacement value of the security without deduction for depreciation; (2) liability insurance for the benefit of the Beneficiary and Trustee to protect the Beneficiary and Trustee from any and all claims of personal injury or property damage arising from or out of the premises; and (3) other insurance normal and customary for owners and of similar property. Further, Beneficiary may require any other reasonable insurance to protect the security. All insurance shall be paid for by the Trustor, shall be in form and by company approved by the Beneficiary, shall insure the Beneficiary, Trustee and Trustor as their interests appear, and shall provide that the insurance company shall notify the Beneficiary in writing at least 30 days before any cancellation or termination becomes effective as to the Beneficiary. S. Taxes, Assessments, and charges. Trustor shall pay all taxes, Assessments, liens, and other charges including utility charges, which may affect the security as they are due and before they are delinquent. Upon request, Trustor shall show Beneficiary proof of payment. Trustor shall pay all taxes and Assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to any law in effect or than may be enacted imposing payment of the whole or any part of therefore upon the Beneficiary. 6. Condemnation. The proceeds of a condemnation award are hereby assigned and shall be paid to Lender and shall be applied to the sums secured by this Deed of Trust, whether or not then due, with any excess to be paid to Borrower. 7. Additional Liens and Protection of Security and Subrogation. Beneficiary in sole discretion may make any payment, expend or advance any funds it deems necessary to protect the security of this Deed of Trust. Such payment, expenditures or advancements with shall become secured hereby. 8. Default, Remedies, Acceleration, Sale. If the Trustor does not: (1) perform any of the covenants of the Deed of Trust; or (2) if the Beneficiary has to expend sums to protect the security, then Trustor has breached his agreement, is in default and the Beneficiary may declare default and may declare all sums secured hereby immediately due and payable and such sums immediately become due and payable without presentment, demand, protest, or notice, of any kind except as may be provided in the Deed of Trust Note and may invoke the power of sale and /or any other remedies permitted by applicable law including the right to foreclose this Deed of Trust in the manner provided by law for the foreclosure of mortgages on real estate. Beneficiary shall be entitled to collect all reasonable costs and expenses incurred in pursuing such remedies including, but not limited to, reasonable attorney's fees. A. If the power of sale is invoked, the Trustee shall proceed to sell the property complying with the Nebraska Trust Deeds Act in regard to notice, time, and manner of sale. The Trustee may sell the property in one or more parcels and in such order as the Trustee may designate, at public auction to the highest bidder, purchase price payable in cash or as otherwise suitable to the Trustee at the time of sale. The Trustee may postpone the sale from time to time. The Trustee shall execute and deliver to the purchaser a Trustee's deed conveying the property sold, but without any covenant or warranty, express or implied. The recitals in the deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including without limitation, Beneficiary or Trustee, may purchase at the sale.