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<br />_ . ` �� "i lew th�t msy b� en�ot�d Impodn0 p�ym�nt ot th� whot� or a�y p�rt theno4
<br />_ ' . , upon th� 8�mfiolery. --_= --
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<br /> � `` • `� f 3. insurano� �nd R�p�in. T�u�tor thail m�inhin firs and �x4�ed�d , ;_ �-----
<br /> � ' " �� oov�r�y� U�ur�nc� tnsurino th� improv�m�nts and buii�inps ae►nsiitu4i�Q pae� � -� = =
<br /> � � � ot th� T�u�t Bstatt br �n amount no I�is than !h• amount ot th� unpald —
<br /> ` � pNncip�l b�lano� of the Nots (oo-Insu��nc� not ixaesdinp 80% pe�mltbd). -_
<br /> � Suoh Insu��no� polloy �hsli oontdn a stand��d mortgtps ot�use in tavor of ;: `;_���--
<br /> .• �� B�mfioi�ry and shatt �ot b� o�nc�llabli� t�rminable, or rr�odlilabls without ten -- _
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<br /> : . (10) d�ys' prtar wMtt�n notias to Ben�tiolary. T�u�tor ahstl promptly ropsi�� �-: ,_,y_;._
<br /> � ° maintain, and roptecs ths Trust Est�ts or any put thersat so that� exeept tor •y'�=M�-�_ ____
<br /> ordtnary w�ar ene� te�r. th� T�ust Es4ate shall not deteriorate. In no svsnt :hall �.'" -".��_
<br /> - ths T�u�to� commit w�sts on or to the Trust E�tate. :'�r.°`��.�
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<br /> � 4. Aotions ANeoting Trust Estate. T�ustor �haii eppeAr in and conteet , �,.����;o��
<br /> .� eny eotion or proceedin0 pu�porting to aHeot the �eourtty hereot or the righU o� ; �:_•-11•=
<br /> ' pow�ra of Bsnsticiary or Trustes� end shati psy ali costs a�d expen:ea� ._ � -��n�..-
<br /> InaludinA oost ot evidence of tttls snd at4ornsys tess, in any euch aetlon or rt�' -'
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<br /> . _ '„_.__..�.,'-- -. .._=, n*eu�pw�!!ng in wt�lah F1�nsfiei�ry �r T�t�etee mey e��!�►. 3heuld Yrustor fail to L .. -
<br /> �� n�ake eny peyment or to do eny aat as and tn the menner p�ovided in any of the F '�^ -T�..:.�==- -
<br /> Loen Instrumsnts� Beneffciary and/o� Trustee. each le its own discretton, ��� �.;��::;r;:
<br /> without obligation to do ao and without notiae to or demand upon T�ustor and . ,-_
<br /> without rotessing Trustar trom any obtisation� may tineke or do the same tn �uch " %� �;;�
<br /> �eeanna� and to sueh exte�d as either may deem neceseary to proteot the ( .:,��.. �. _
<br /> security hereof. T�usto� shalt, immediately upon demend therefo� by , �.
<br /> -; Beneticiary� pey alt coste and expenses Ineurred by 8eneffaiary tn eonnection � � ; ���.--�
<br /> with the exe�atse b y 6eneiiciar y of the foregotng �ights, Ireoluding without ( � � ��
<br /> Ii�nitation oosts oi evidenoe of titte� oourt oosts, eppraisels, sunreys and . �4{;.,•�
<br /> ettvrneys' teea. Any suoh costs and expensea not paid within ten (10) daye of � ��=` --
<br /> writtan demand shalt draw i�terest at the detault rate p�ovided in the Note.
<br /> 6. Eminent Domain. Shoutd the Trust Estete� o� eny part the�eof or � ,j �r
<br /> � i�tereet theretn� bs teken o� damaged by reason ot a�y pubtio (mprovemeat or � . �� ;
<br /> coedemnation p�oeeeding, or in any other manner I�oluding deed in lieu of I ���
<br /> Condemnatio� ("Condemnetton"), o� should Trustor reeeive sny notiae or othe� •{
<br /> intormetlon �egardinp suoh proceeding� Trustor shail give prompt written notiae . •
<br /> thereof to Benetiolary. Tru�tor �halt be entitted to ali eompens�tion, awards� ;,�.
<br /> and othe� psymAnts or relisf theretor� and shell bs entitlsd at lea optloe to ; � � �
<br /> eommence, eppear in and proseaute in its own name any aotlon or p�oassdings. • :,�
<br /> Benafioiery shsll el�o be entitted to mske any aompromi�e or s�tttem�nt in � .
<br /> aonneotlen wtth sueh teking or damape. Alt suah oompsnsstion� awards,
<br /> damsgss. rights of aetion. and proaeeds awarded to T�ustor (the "Proceeds•')
<br /> aro heroby assigned to Beneficiary and T�ustor agress to execute �ueh lurther �-�, �'�-
<br /> assignments of the Proceede as Benefieiary or T�ustee msy requtre. . . 'r"'��
<br /> 6. Appotatment of Suoaessor Trustee. 8enefictary mey. trom time to - �
<br /> time. by e written inatrument exeauted and aaknowiedged 6y BBHBtI�{BPY� �"
<br /> matled to T�ustor and recorded tn the Coanty in whiah the Trust �state is �':;�
<br /> loceted and by otherwise complying with the provistons of the opplicabte law ot �,
<br /> the State ot Nebraska aubatitute a successor or succesaors to the Trustee . _�.s
<br /> named heroi� or acting hereunder.
<br /> .�
<br /> 7. Succossors and Aasigns. This Deed oi Trust eppties to. inures to the �!
<br /> benetit oi and binds all parties hereto, their heira. legeteea, devisees� peraonal
<br /> representatives, successors and assigns. The te�m "Beneficiery" shali mean ,
<br /> � the owner and holder ot the Note� whether or not named es Benefieiary heretn. i
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