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200206367 Insurunce rindRepour Trustor shall maintain fire and extended coverage insurance insuring the Improvements constituting part of the Tnrst Estate for such mrmlmt5 and nn such Iunns reasonahk satisfactory to Beneticiarv. So long as die Properly is secured by a first decd of bust nr ounlgage, compliance with the insurance requirements of the first decd of bust or mortgage shall be sufficient to satisfy the requirements of this paragraph 3 relating to insurance. Tmster shall promptly repair and replace the Trust Fsbdc mr any pan thereof so that, except for ordmary wear and tear, the Trust Estate shall not dctcrioude In no event shall the Trustor commit waste on or to the '1'mg Estate, or commit, suffer or permit arc acl Or be done in or upon the Trust Estate in violation of any' law, ordinance or regulation. Tmstor shall pay and promptly discharge at Truster s cost and expense all liens. encumbrances and charges levied, imposed or asscssut against the Trust Estate or any part thereof 4. .I clionsd(fecnng Trust h stare Trustor shall appear in and conies( any aclinn or proceeding purporting to affect the security hereof or the rights or powers of Rcncfrciary ar Treslcc, and stall pav all costs and expenses, including cost of evidence of title and al Inmeys hers, . in any such action or proceeding in which Beneficiary or Tnuger THAN appear. If Tmstor fails to make anv payment or to do any act as and in the manner pnwided in anv of the Loan Instruments, Beneficiary and/or Tmster, each in (heir ON, it discretion_ wiIlimit obligation so to do and without notice to or demand it poll for star and wifront releasing Trustor from ariv obligation, may make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof Tmstor shall, in Tocrin le1v upon demand therefor by Beneficiary, pav all costs and expenses incurred by Rcndici2ry in connection with the exercise by Beneficiary of the foregoing rights, including withou( butila(iun Lugs oCm idenee of title, court costs. appraisals. survevs and atmmcvs fees. 5. 6Ynineni Dontallt IClhc Trust Estate, or any part thereof or interest therein, be taken or damaged by reason of any public improvement or condenuemon proceeding. or in am' other rummer including doed in lieu thereof ( "Condemnation' ). or if Tmstor receives nut' notice or other information regarding such proceeding, Trustor shall give prompt written notice thereof to Rencficiarv_ Ti stor shall be entitled to all compensation, awards and other payments or relief (hereof and shall be entitled at its option to commence. appear in and prosecute in its own name mop action or proceedings. Trustor shall also be entitled to make any compromise or settlement in connection with such taking or darmige. fi_ Appubrbnenr gJTuccecsnr 7m,we. Benefivary may, from time to time, by a written instrument executed and acknowledged by Beneticiarv, nailed to'I'mstor and recorded in the County in which the Trust Estate is located and by otherwise complying with the provisions of the applicable law of the State of Nebraska substitute a successor or successors to the Trustee named herein or acting hereunder. T Slroee,o, and. l.sslgnu, This Second Deed ofl'msl applies to inures to the benefit of and binds all parties hereto, Ihetr heirs, legatees, devisees, personal mprescmagivcs. successors and assigns_ The term'Beneftciary shall mean the owner and holder of any pnuniss ry note given Io beneficiary, [whether or not narned as Beneficiary herein.] 8. ilferRcr, Cansolidatun? .Sales or Leaxec Trustor covenmus drat Tmslnr will not sdL (ease or otherwise dispose of anv of the Trust Estate In the event Thal Tmslnr sells_ leases or otherwise disposes of anv part of tine Trust Estate, Beneficiary may or its aplian declare the Indcb(cdnuws secured hereby immediateiv due and pavable, whether or no( any default exkK BeneGciary shall consent to a transfer of the mst Estate to a third parry to the cxtcut such (bird parfi mu;ls the requirements contained in, and assumes the obligations set faith in the Firs( Decd of Trust. The covenants contained herein shall run with the Propenv and shall remain in full force and effect until the Indebtedness is paid in full. Y. 6ren(.s Of Dejault Any of the follo.ing events shall be deemed an m'cnt of defaut hereunder: (a) default shall be made in the payment of Indebtedness or any other sum secured herebv when due', J/