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by Trustor(s) or by any insurer, for whatever reason, to obtain and keep this insurance In force. 200301615 3. to keep all buildings, fixtures, aftanhmems, and other improvements now on or hereafter placed on the property eccupiad and in good n iq aintenanre, and condition and to neither commit car permit any acts of waste or any impairment of the value of the property. Bs 1pflee ry Flay enter upon the property to Inspect the ann e or to perform any acts authorized herein or In the loan agreementlsl. 4. In the event Trustorls) fails to pay any hens, jotlyments, u3scssmarow, taxes, rents, fees, or charges o maintain any insurance on the property, buildings, fixtures, attachments, or improvements as provided herein or in the loan agreement(,), Beneficiary, at its option, may make such payments or provide Insurance, maintenance, or repairs and any amounts paid therefor will become part of the principal indebtedness Secured hereby, be immediately due and payable and bear interest at the default rate provided In the notelsl from the date of payment until paid. The ativooeoment by Beneficiary of any such a nui will In no manner limit The right of Beneficiary to declare Territorial In default or exercise any of Beneficiary s other rights and remedies. S. In the event Beneficiary is a party to any litigation affecting the property or the lien of this Trust Deed, including any action by Benefireary to enforce this Trust Deed or any suit In which Ben¢tioury Is named a defendant (including condemnation and bankruptcy procaadngh Beneficery may incur expenses and advance payments for abstract fees, attorneys fees Ito the extent allowed by law), door, expenses, appraisal fees, and plher charges and any amounts an will become part of the principal indebtedness secured hereby, be InlmeJlately due and payable and bear interest at the default rate provided In the note(,) franc the date of advance until paid. 6. Any awards made to Truatorlal or their successes by the exercise of sediment domain are hereby assigned to Beneficiary; and Beneficiary i3 hereby authorized ti, collect and apply the same In paymmnt of any Indebtedness, mature or unmatured, secured by this Trust Deed. to In the event s weer covenants and when due ofany sums secured hereby (al,l an iquiter t,advancements,or protective advances), ,ufauure or to perform or observe any covenants and e neficiary, contained herein, y the notelsl, loan agreementlsl. or any other instruments, or any sly due cgs Is payable a Under any Bankruptcy laws, Beneficiary, at Its option, may declare the entire indebtedness Secured hereby authorize be Trustee to ex e use payable antl the whole will hear Interest m the default rate as provided is the ust De and ct, or,r,at t may Immediately eficia Trustee re exercise the Power of Sale granted herein In the manner provided in the Nebraska Trust Deeds Act, or, at the a option of the nt of acry, may foreclose the Trust Deed In the manner provided by law for the foreclosure of Bard to t en raal property, including ey the appointment of a Receiver upon rg the application, notice being by on expressly waived, without regard a the value of the property p toe reticently thereof to discharge the thereof and a securetl hereby or In the loan my smengsl. Delay will Beneficiary n ued exercising a waiver er of upon default dewill not be construed proceeds as a waiver thereof aad' s set re Bsuf iciest to pay t any al Ind bt default Will rim a construed as a do hate Of any s tale default. if the rid to thee! said sale or foreclosure as inefficient m pad the total Indebtedness secured hereby, Trustorls) do hared, agree to he personally bound to pay the unpaid balance, and Beneficiary will be entitled to a Power ale grants 8. Should Beneficiary elect to exercise the Power of Sale n granted herein. Bend will i will notify Trustee who will record, e publish, Props and deliver e Trustor(s) such Notice of Default and Notice of Sale as then or in setl separate law and will in or manner in such by law, Tell the property at pe time An place of gale fixed d a Ill the ale inc of $ale urine r as a whole or Binnefrete 0[ri, percale, O! items and In 9UCh Order as Trustee will deem expedient 9. person may bid at the salsa including frny Notice Trustee, or B r Notice na a Trustorls) hereby requests u copy of any Nobee of Default or Notice of bale hereunder to be mailed by certified mall to Trustorls) at the 10. Up (es) set forth herein. of Upon default Beneficiary, y the e person or by agent, with d ass Thout sec bringing any action or zed and one with enter regard to the value or of the property or the suffl name or In the to discharge the indebtedness secured hereby, n authorized sum antl mn to enter upon and take pprot e t or of the property iu Its own name or in the name t the Trustee and a any arts or expend any sums I[ r with necessary or session o to protect or preserve the value of the property se uny interest therein, o ass the Income tdmefro m; and ltd or without taking possession a the property apply is authorized to sue for or otherwise collect the rent T, is caps, profits, and income thereof, 'including Those past due and unpaid, and apply the same upon any indebtedness secured hereby or in the ,Ben agreementlsl. No remedy herein conferred upan or reserved m Trustee or BeneflclarY Is intended to en exclusive of no other remedy herein of by low in e Wed or y Float, but each will ex cumulative, will tl In addition to every other remedy given hereunder or now or hereafter existing at law or In equity or. Tru tote, and may be acknowledges corder ally, independently or tee will the Nebraska rust Dee Ac that IDs duties and t obligations of Trustee will b¢ determined solely by the express provisions of this Trust Deed or the Nebraska Trust Deeds Act and Trustee will not be liable except for the Trustee; Trustee of such duties and fur any obligations io are specifically sat forth therein, and na ling)led t to he nts a obligations will be imposed upon Trustee; Trustee wul not be liable far any action by it in good faith and reasonably believed by it to si auth of Tru t us) no the discretion or rights of powers consideration for t conferred upon its this Trust Deetl state law. 12, han Thu or ch s and espon,it, de c Trustorls) c ithouta ri part of the nsent of B for the obligations secured hereby, Should Trusted,) sell, transfer, or convey the immediately due y described and Play without prior written consent of BeneflclarY, Beneficiary, t Its option, may declare the entire indebtedness 3. Aneignm nt of Rents including tlue antl proceed and may arLeasd In the tend amayourant by of Its rights as rs any other default. bon Ass, gn d deday Bents s or oth payable eedof Mineral Leases, boater)Tl hereby due and ironic),, arid conveys r Beneficiary ry all rents, royalties, jed, bonuses, and delay moneys or other proceeds that may from time to time become due and payable under any real estate lease or enter any cif gas, yawl, rock, or other mineral lore of any kind including geothermal resources now existing or that may hereafter Come into existence, Covering the property m any purl Land dL All such sums so received ce sors in interest, will he applied to the indebtedness secured veto or Beneficiary, at its option, may turn over and deliver sums to Trustorls) or their successors r, In interest, or all T such sums without prejudice to any be Beneficiary's a 'g hts ro take and retain future arms, and without art, subject to c any fits other r rights under this Trust Deed provided, This assignment w be contr red he rl be a rt yision far the payment or reduction of the ebd rveyetse the Beneficiary, option ode this asst a meet ll independent b oncinoperative of Lou Ilan an the property. Upon payment in full of Ida debt and the reconveVance of this Trust Deed of record, this assignment will become inoperative antl of no further . This Tr st efface. 14. This Trust Deed contained in a Security Deed will c with ai red t of e all the property event described that herein_ he The covenants able, that in this Trust Deetl will be Deemed to be saveable; In the event that any portion of this Trust Deed is determined to he veld or unenforceable, that determinatlon will not affect the validity of the remaining portions of the Trust Docd, STATE OF N7,131th"i 1 COUNTY OF On this 10th day of February 2003 before rile, a Notary Public, personally appeared William W. Burdett and .Teanniene B. Burdett, husband and wife to me known to be the parsenls) named in and who executed the foregoing instrument, and acknowledged that they ecmed the same as their voluntary act and deed. GENERAL NOTARY- State of Nebraska ECHO ALCORN (SEAL) My Central DW. March 21, 2006 -- Echo Alcorn March 21, 2006 lTYpa rearm ender.v(gnamral My commission expires Notary Public In and for said County and brats Ap #. 00285221; Primer, Customs, ID Ar 00010056; CIF #: 56210 Legal Doe. Date: February 10, 2003 FORM 5011, Treat Dead and Assignment of Bents Page 2