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<br />3. If title to any part of the Trust Property shall be taken in condemnation proceedings, by right of
<br />eminent domain or similar action, or shall be sold under threat of condemnation, all awards, damages and
<br />proceeds are hereby assigned and shall be paid to Trustee who shall apply such amount to the prepayment of the
<br />Note.
<br />4. Trustor, at its expense, will maintain with insurers approved by Beneficiary insurance with
<br />respect to the improvements and personal property constituting the Trust Property against loss by fire, lightening
<br />and other perils covered by standard extended coverage endorsement, in an amount equal to at least one hundred
<br />(100 %) percent of the full replacement value thereof; and insurance against such other hazards and in such
<br />amount as is customarily carried by owners of similar properties and as Beneficiary may require for its protection.
<br />Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection
<br />by insurance of the interest of the respective parties. All insurance policies maintained pursuant to this Deed of
<br />Trust shall name Trustor, Trustee and Beneficiary as insureds, as their respective interests may appear, and shall
<br />provide that there be no cancellation or modification without fifteen (15) days prior written notification to Trustee
<br />and Beneficiary. In the event any policy hereunder is not renewed on or before fifteen (15) days prior to its
<br />expiration date, Trustee or Beneficiary may procure such insurance, pay the premiums therefor, and such sums
<br />shall immediately become due and payable with interest at a rate of 14 % per annum until paid and shall be
<br />secured by this Deed of Trust. Failure of Trustor to furnish proof of such insurance upon the request of
<br />Beneficiary or Trustee shall, at the option of Beneficiary, constitute a default under this Deed of Trust.
<br />5. In case of any damage to or destruction of the buildings, improvements or personal property
<br />constituting part of the Trust Property, whether such loss is covered by insurance or otherwise, Trustor, at its sole
<br />cost and expense, will promptly restore, repair, replace and rebuild the same as nearly as practicable to its
<br />condition immediately prior to such damage or destruction or with such changes and alterations as do not
<br />materially lessen the value and utility of such buildings, improvements and personalty from those existing
<br />immediately prior to such damage or destruction. Trustor shall be entitled to reimbursement from the Trustee to
<br />the extent of the net insurance proceeds received by Trustee, but only to the extent of the actual sum expended
<br />under this provision.
<br />6. Trustor will not commit any waste upon the Trust Property and will, at all times, maintain the
<br />same in good operating order and condition and will make all repairs, renewals, replacements, additions and
<br />improvements which are reasonably needful or desirable to such end. No building or improvement now or
<br />hereafter erected upon the Trust Property shall be altered, removed or demolished without the prior written
<br />consent of Beneficiary.
<br />7. If, during the existence of this Trust, there shall be threatened, commenced or pending any suit
<br />or action affecting any of the Trust Property, the title thereto or the priority of the lien of this Deed of Trust
<br />thereon, or if any adverse claim for or against the Trust Property, or any part thereof be made or asserted, the
<br />Trustee, Beneficiary, or both, may appear or intervene in any such suit or action, retain counsel therein and defend
<br />the same, or otherwise take such action as they may deem advisable, and settle or compromise the same or the
<br />adverse claim; and, in that regard and for any of such purposes, may pay and expend such sums of money as
<br />Trustee or Beneficiary may deem advisable, which sums shall be deemed to have been advanced hereunder and
<br />secured by this Deed of Trust.
<br />8. Trustor hereby covenants, warrants and agrees with Beneficiary, its successors and assigns, that
<br />Trustor owns the Trust Property free from any prior lien or encumbrance except those now of public record, that
<br />this Deed of Trust is and will remain a valid and enforceable lien on the Trust Property, that Trustor will preserve
<br />such title and will forever warrant and defend the same to the Beneficiary and will forever warrant and defend the
<br />validity and priority of the lien hereof against the claim of all persons and parties whomsoever. Trustor will make
<br />such further assurance or assurances to perfect its title to the Trust Property as may be reasonably required by
<br />Beneficiary. Trustor hereby relinquishes all right of dower and homestead in and to the Trust Property.
<br />9. Trustor will pay all taxes, assessments and other public charges upon the Trust Property before
<br />the same by law become delinquent. Failure of Trustor to pay such taxes, assessments and other public charges
<br />shall, at the option of Beneficiary, constitute a default under this Deed of Trust.
<br />10. All payments made under the provisions of this Deed of Trust and of the Note which may be
<br />construed as interest shall not, in the aggregate over the term hereof, exceed the rate that may be lawfully
<br />contracted in writing in the State of Nebraska.
<br />11. Trustor agrees that:
<br />(a) The duties and obligations of Trustee shall be determined solely by the express
<br />provisions of this Deed of Trust and the Trustee shall not be liable except for the performance of such
<br />duties and obligations as are specifically set forth herein, and no implied covenants or obligations shall be
<br />imposed upon Trustee;
<br />E
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