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200300520 proceedings. Beneficiary and Truster shall not make any compromise or settlement without the full consent of the other. All such compensation, awards, damages, rights of action and proceeds awarded (the "Proceeds ") are hereby sold, conveyed, transferred, and assigned to Beneficiary to the extent of the outstanding Obligations, and Trustor agrees to execute such further assignments of the Proceeds as Beneficiary or Trustee may reasonably require. (b) In the event of a Condemnation, Beneficiary shall have the option, in its sole and absolute discretion, to apply all the Proceeds, after deducting therefrom all actual costs and expenses (regardless of the particular nature thereof and whether incurred with or without suit), including attomeys' fees incurred by them in connection with such Condemnation, to any Obligation and in such order as Beneficiary may determine, or to apply all such Proceeds, after such deductions, to the restoration of the Trust Estate upon such conditions as Beneficiary may determine. Such application or release shall not extend or postpone the due date of any payment due under the Purchase Agreement, or cure or waive any Event of Default hereunder. If the Proceeds are applied to the Obligations and exceed the amount of the Obligations and any expenses of Beneficiary described above, the excess shall be paid to Trustor. 5. INSURANCE. (a) Until the Obligations are fully repaid, Trustor shall maintain with insurers admitted to do business in the State of Nebraska and otherwise reasonably acceptable to Beneficiary, insurance with respect to the Trust Estate against loss by fire, theft, lightning, tornado, and other perils and hazards covered by standard extended coverage endorsement in an amount equal to the full replacement value (the "Insurance"). The Insurance policy maintained pursuant to this Deed of Trust and all renewals thereof (the "Policy ") shall contain a standard noncontributory mortgagee clause in favor of and in a form acceptable to Beneficiary endorsed as mortgagee and loss payee thereon, and shall provide that there shall be no cancellation or modification thereof with less than thirty (30) days' prior written notification to Beneficiary. All Policies shall also provide that any proceeds thereunder shall be payable notwithstanding (a) any act, failure to act or negligence by any named insured, (b) any foreclosure or other action or proceeding taken by Beneficiary pursuantto this Deed of Trust, or (c) any change in title to or ownership of the Trust Estate. Trustor shall deliver a copy of the Policy to Beneficiary within thirty (30) days of the date hereof and shall deliver a copy of any renewals thereof received by Trustor during the Term hereof immediately upon receipt. (b) After the occurrence of any casualty to the Trust Estate, Trustor shall give prompt written notice thereof to the insurer and to Beneficiary. Trustor shall immediately file a proof of claim of loss under the Insurance. Trustor shall collect and compromise all claims under the Policy, and shall apply the Insurance proceeds, if any, to the following items in the following order, provided no Event of Default has occurred and is continuing at the time Trustor receives the Insurance proceeds- (i) to the restoration of the Trust Estate, if Trustor can demonstrate that the Insurance proceeds together with any funds Trustor may contribute are sufficient to repair and restore the Trust Estate to its condition immediately prior to the casualty; 5