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<br /> _ �� _� "�r ' ._ ` 3. itt$URA�v 1� R1a�n2R� ZYugtor ehalZ mafiitain casualty �asuses�ee • � - _- --
<br /> ..:r�.:�;`�;•�;��':-: ag,�8cia�•�ROSm Cavesag@" in�usin.9 th$ buildittg cau�tftutfng past Of the Tr�at, . , ' • _-- —_
<br /> � 8atate �or iDQt oP Ltis seglacemeat value of ttse buiidiag on the rea�7.,estat�. `�� , _�=_�
<br /> `�t V°:�r .. , insuranae an ths buil�iscg sha21 bs ia tha emaunt of aot iess thars��i60.o00.00. : -,,
<br /> SF' � Such iasuraace poiicy e2:a11 cant�in a staud�sd mortgaqe cias�se Sa favor of ` r�;, _ ^�__
<br /> �'=r• , Seiaeffcia=y ana shail aot be cancelable, tesmiaable. or atodifiable aitt�ut thixty • , .��� _,,,� -�
<br /> � ' (30) djsyFS Hrias c�ritters :totice to Besi��iciesY. TsuBtor ehall pay th9 Pzemi�na .� '� r �,:��;
<br /> �= --- ---_—. far maf.ataistf�. aucbt.Policy.• and ehall Pravfda �easficiasy ovieh evidence of x � , �7�,;
<br /> ,, k ��`.c�3'�'.r+
<br /> insnsa�ce Premium paymeate each ]fe�r. Tsustv�e si�li pr�ilY repaix. maiatain 'i,•, :,:,r� .. -=`.. -
<br /> , ead seplace the Truet Sstate os aay past ttt�reof so ttutt. except for.osdina�yF� - � -:
<br /> � xesr and tear, the ZYuat Sstate ehall. uot dQteriorate. In no eveat ahall the _ 4 y�i _
<br /> � Truetor ecsmmie �aste oa or to the Tsust sstate. � ° c.-:..,;�;�;f
<br /> __ _ � ._ : _��a,�;�a_-
<br /> - t . ia a8c�itfon to caeualty iasuraace. Truator shall pravide an8 pay ttae .� � �r�,:�, ._
<br /> . �; . psemiume on ca�rehensive genera2 ifability fnsvsance caveriag the premiseg end ~.
<br /> ._ f-:;.�:...
<br /> � protectin9 the Seneficiasy aad Trcustor fraan a21 claims. demancis. lamauite, an8 :, •r:��:�:
<br /> : judgments asi�ing out of fasjury to peYSOas or d�mage to pxaparty occurring aa the �.. ��`��,�:
<br /> �; . • tt R�'h�e�jcoverage sha.�l�f� be�fa an emount�{opf not lees �t(h�jan S1,0l0-0r,-0�0.0..sing�wle � �
<br /> -�'?-.4 . ` � . 1��I YVY�LZy SAiLiTy Ps�� P��C�� _'^_7`�� �0 �ZOLi1Z� 111DYi6Y�. P+�d. �_ � (�. T: �Q.4(��}�L=__-
<br /> ''``���;;<•..:..., ' casualtY•insurance may be grocured ia a single policy or may be. obtaiaed ia u�...-� _
<br /> � •'••:�.��_��,,;::: separate policfes. in a.ay e�tent, ��policy ar poiicfes ahall aame Beaeficfary �;�,�'.__..�.-�
<br /> *�~ . aud Ticustor as insureds as their interests.may aPpear% and Five Pofnte Eank, r''•,: ';:°
<br /> .;r .
<br /> • <3ran8 :Ielaad, Nebrasl:a. s�l: be a�mec] a� a� additional loss payee an the ��Ys�•- -
<br />`'r , '.�''�;- �• ` _°';,
<br /> • buiidfng. Beneficiasy sI��S�.,�se pro�ided c�i`t8: a Certificate of Inausaace or s�s � - .-
<br /> . • •.y'� ;�duplicate capy sho�ing tTae��"�s�a.�ss:be f:ri�11 for��ad effect at aIl times '�., ,��g ;.} .�'�-'-
<br />� , .
<br /> = . , - -- -- . . 8uriag the texm of this.Dc�_<a���isss��. :�,:..;. , ,�.,�r�`�, + ,�
<br />- J,'�,tv, g AS.°MONS APFSCt7�'TRIIST BSTATB. ��9CUetor sfi,�� ��4'� in.,and caatest x � -
<br /> 'S � :. any aat-fon or.pzoceediss3''��s:Aortiag to affect�the sec��i.'�'�F��s�::ar the rights � �,� _
<br /> , .. costs an8 aases. •. ,. ��'rn__�
<br /> �Rf �4�€'�� s t�'i.k, Ol^ �O�PElB Of �7'$.�1C2��]l OI T1118t@@� dlld Bh811 pay'�� �P .
<br /> f�tcluding cost;af;h_�38�c�e of titis and attoraey's fe�c�-�;in any sucls actioii or '���'
<br /> .:.,,`�,: .,�._< , �� proceeding i.n �i Be�zCiary or Trustee may apgear,;:;'�hould Trustor fail to . �'�--°
<br />_ '.t .��-,,: -:,:r=;-5� make auy paymer�;ar to•,�a•aay act ae �nd in the manaer•provi.ded in aay of the • • �,.,, r: '. -
<br /> , �- � :,, ' .` :�'
<br /> �� . <<<.� Loaa Iastr�mce:sts�;Benefze�cy andJor Trustee, each ia 3.ts o�n discretioa, without •,.�. .• � .
<br /> t '..;' ' n;-' obiigatianm.iaa�,•'�a1ce or �a the eame ia such r�anaer aad to such extent as either � ,-•, '� � *
<br /> n► `
<br /> '�`���:��;�`'�: may deem nece��� to protect the security hereof. T�ustor ahall i�mnediately � �•, '�•:�f'-�`�
<br /> `;" '.�`, � • upon demand tt%e�sfor hy Beneficfary. Pay all coate 2�3 exPenses istcurred by �;�r3'�,�� � ;'�` :� . . ,
<br /> � f the foregOing ;�`'s�;r�,�'.,.�,:��';�
<br /> � BesiePiciary in cbrmectioa.with the exercise by Beneficiary o ,- ;;,�;�;";.,;• �" , .
<br /> . � ' zfghts, inclu�ing, without l�mitation, coata of evidence of title, court costs, � �; ..,; � ::,;;,.,�, _.
<br /> " apprai.eals, snrveys and attorney's fees. 1�uy auch costs aad e?cpenses not P�d r..,��`' ' _% ;`u : . .
<br /> A
<br /> . � . � �ithia ten (l0y days oE��.�r.� ae��a sIsali dra� iaterest at �tae default rate •''�,,;;�..,;;;•,;,s.;`,�� f;:�;,
<br /> - �- - ---.. _ , . provided in the Note. � ,. , . . .;; a 7, - - .
<br /> ' •. �� ��> � .„ :
<br /> ;�1 af:>< �,
<br /> r � :.. .. .. .. !:��i ic�,E'�:�,'
<br /> , : 5. � d3p21�.'rt. Should the Truat Sstatcs; or any part thezeof or � •�,_�
<br /> • interest there�E. i�e !Ca7>ca or damaged by reasoa of � public improvement or , . . . `°, l,;,
<br /> " • con8emnation 'prci�oFr'�sr,, aF in anY other �c,�nner ::�a:ci�dfag deed in lieu of , :; ',;> �;t• -• ,
<br /> ' � � � � Condeumation 4"'�.Q:�t%�z"), or ehouldt �'�ust�ar r�sive any notice or other . . ,;•.: �:�;� :t�,��-
<br /> >,' . ii�i.�, �ve r t written notfce ;,:;. ,;:�,r' d�..
<br /> fnforntiation regar�ig�sii�h pzoceec7ing, Trustd$ � g� P �P , t:,,. � �-%'�{��
<br /> . � • � • thereof to 8ea�€�.�i�ry. Beneficiary ehall be Ta:titled *a ali c ensatioa amasds ' V%_''`'"��� —
<br /> OI[I� 'Y.S�:�l�'�'�.. �•;�.�_ "_
<br /> ' • ��. � a n d o t h e r p a y m e n t s o r r e l i e f t h erePor, a,�,��i i��: entitled to mak� any , :r'<s�T`�•�• �-
<br /> '('��,js'•<')
<br /> ... compromise or settlement ia co:mectioa mitti �uaiz ta'i-.i�ig or damage. AIl aurh `.:�•%�,�r,�;'_,.F�r{F;;.�.�; --°
<br /> campeneation, acvards, da�magee, rights of acef�_.and proceeds awazded to Trrss�os • �.} �r �
<br /> � ,��j� (the "Proceed8") are hereby aseigned to ��?�gicfary.; and Truetor agre�..s to :; '' t t a��;�j;� �'�:_
<br /> ,�,! execute such furthez assigaments o£ the Procesda ae Bene£iciasy or Trust� may ,.,_,�:'� "',r�`
<br /> . ., 1t{r'.�, requise. • � . •<<.t;��,����Y' __
<br /> } ;y, .�'t.,�rI -
<br /> . ;,�yyf' e.`•.��it;r i.;• . • � s:�-
<br /> ����~.• r".��r�1'}�1� 6. .RPPOEP'i478NT OB �UCCSSSOR'�RUSTBB. 3eneficia.�g.may. £rom time tC +�=•.^a, ., = t�-;�:
<br /> ��.'V'�; _, . ,.�t-�, �, .."�`_
<br /> _ , ;�`�,,��� ea2 �.�ecuted and acl�:F�e g k."! ry, •��:`",�7,..
<br /> by a written iastrum Y��
<br /> j rr d ed eenefi�sa maslza to '•,:: �,�^�,:.. , .�,::-
<br /> ' • �S" Truator and recorde8 in eize Couaty in w1�3.ct� t�e Tsuat Hstate i:�. laeated and b �� "�'���j''`� .��"
<br /> , O �'�- �l•#3�g'v;:. -
<br /> ,:... . �.t�����1;`�.x,.f�'
<br /> �, ''.,,.;..:'.; :. • othesvise complyi.ng with the provieiona of ;� applic�ble lar��at the State f . •:�' . ,��;u�;,;;j-:, �
<br /> - •.?r1��!,.„•. . Nebraska eubstitute a succeasor es successora to the :'ruetee riamed here�n or � sj;;t�;;;��ti'' . ���
<br /> ;:,�E° . acting hereundez. . � , . F�;�i:�t:,�i�, ",,;.,
<br /> t.��`•.��.�
<br /> • - � ?, SIICCBSSORS AN7s J�SiGrrS Thie Deed of Truat applies to, inures to the • �. .� � � � ' ' . �
<br /> , �:s^�
<br /> � 'j�� � • beaePit of an8 bia8s �LZ pastiea hereto, their heirs, legatees, devieees, ! � ,r;,��,�, , ,��
<br /> '���` � ' • � peraoaal repseseatatives, successore an8 asafgna. The term "BFreEiciary" ehall ; ;;;��;r•�;>;;'.. .;;,
<br /> " ''�'�� ��" �ean the o�oner and holder of the Note, whethes or no� aamed a� SeneEiCfary j• , , •'''+::�,' . _:;
<br /> ;�:i;;,1;�,;�. , herein. ' : ••.n?,,;,: , �.,_
<br /> � 1,f,�;�:i;,., � i���'+t'' ;i, • _ .
<br /> � c�)iF,.;�f:: , �
<br /> �<�,y,,;;�: ':' •.r;a,Vti��r�;,�,. 8. ZNSPBCTIONS. Sene£fciar,�. or fts agente, representat•ivea or crarl.a�en. ?';<ii,.:_r•r , .,;• __':-•
<br /> : ,� :�,r,yR;,�;:��,;::i are auxhorized to enter at az�y reasanable tirie upon oz in any part of C�e�'�rust ''"+.�5;: ,` : ,.,`;,•; y;.s:
<br /> <'` ��.�.;�::: �:;���t�;��'i'� Bs�,r..e ffor the purpose of inapecting the ��m� and for the puzpos.e af pezfarming. ;,.'' " .�,�,., .
<br /> ; .<, %.�k`;.`''%�•,�, " hosize8 to per£ox�s under the texms of as�p o£ the Loan :'";._� . . ,
<br /> ', ts�;ilr;.�'i�;' ��,.�.�x��,� any+a� the acta it ia aut ,, •�' ''`, � , �~.
<br /> IriStrum ;i,, ' "�{..�
<br /> _. :;i�".�����`�`• F. ents. 7;,��, .;t�� ,.;
<br /> ' �.�s€,�=,,t,;,. ti?�::,.. t.
<br /> . s��:. �:� ;,�: 9, EVBNT3 OP DSFAULT._ A� of the following eventa shall be de�r�3 an �` :Yt��. '• • .
<br /> �. ,,;,.. , 1'. � � '�;a . .
<br /> "�-- event of default hesews8ex: •
<br /> -�. f, ..� ,.::"-'>;:•c,•'.. . • .
<br /> �. t�S... ..� . � '.��.,;'�.;1�75�� � ' ' i
<br /> � 4. . ,���• (a) Truetor shall, have faiie8 to make payment of any instalinent of i , �,-��'
<br /> principal and inte=est er any other sum secure8 hereby when due £or a pe=fod of • _..
<br /> � �.1:. five ts) days: or, t.. �,�
<br /> �
<br /> • � (b� There has cccurred a breach or default under any tezm, covenant, �'�
<br /> � ",`�;; '' . agreesctent, conditipn, proviaion, represenC�tion, or v�arranty conta3ned in ar►y o£ : � �
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