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200206533 <br />To Protect the Security of this Second Deed of Trust: + <br />I. Payment of Indebtedness. Trustor shall pay when due the principal of, and the interest on, the <br />indebtedness and all sums as provided in the Loan Instruments. <br />2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind, <br />now or hereafter levied against the Trust Estate or any part thereof, before delinquency, <br />without notice or demand. <br />3. Insurance and Repairs. uTrustor pr f the Trust Estate for such amounts and oinsurance h terms roaming <br />the Improvements constituting p a first deed of <br />reasonably satisfactory to Beneficiary. So long as the Property is secured by <br />trust or mortgage, compliance with the insurance requirements of the f 3deeed of trust or <br />mortgage shall be sufficient to satisfy the requirements of this paragraph to <br />insurance. <br />Trustor shall promptly repair and replace the Trust Estate or any part thereof so that, except <br />for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall the Trustor <br />commit waste on or to the Trust Estate, or commit, suffer or permit any act to be done in or <br />upon the Trust Estate in violation of any law, ordinance or regulation. Trustor shall pay and <br />promptly discharge at Trustor's cost and expense all encumbrances and charges levied, <br />imposed or assessed against the Trust Estate or any p art thereof. <br />4. Actions Affecting Trust Estate. Trustor shall appear in and contest any action or proceeding <br />purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee, and <br />shall pay all costs and expenses, including cost of evidence of title and f T or fails oany <br />I <br />such action or proceeding in which Beneficiary or Trustee may appear. <br />make any payment or to do any act as and in the manner provided in any of the Loan <br />instruments, Beneficiary and/or Trustee each in their own discretion, without obligation so to <br />do and without notice to or demand upon Trustor and without releasing Trustor from any <br />obligation, may make or do the hereeof. Trustor hall immediately upon demand theref r by <br />necessary y, protect the security <br />Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with the <br />exercise by Beneficiary of the foregoing rights, including without limitation costs of evidence <br />of title, court costs, appraisals, surveys and attorneys' fees. <br />or <br />5. Eminent Domain. If the Trust Estate, or any part thereof or interest therein, be a any other <br />damaged by reason of any public improvement or condemnation proceeding, or in <br />manner including deed in lieu thereof ("Conde natoo shall give prompt written notice thereof <br />other information regarding such proceeding, do awards and other payments or <br />to Beneficiary. Trustor shall be entitled to all compensation, its <br />relief thereof and shall be entitled at its option to commence, appear in and prosecute in n its. <br />own name any action or proceedings. Trustor shall also be entitled to make any <br />or settlement in connection with such taking or damage. <br />3 <br />7. <br />Appointment of Successor Trustee. Beneficiary may, from time to time, by a written <br />instrument executed and acknowledged by Beneficiary, mailed to Trustor <br />ra� and <br />the proed in the <br />County in which the Trust Estate is located and by otherwise complying <br />of the applicable law of the State of Nebraska substitute a successor or successors to the <br />Trustee named herein or acting hereunder. <br />Successors and Assigns. This Second Deed of Trust applies to, inures to the benefit of and <br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, <br />repr es entativ <br />es, successors and <br />assigns. The tern shall ne of any P s, note <br />given to beneficiary, [whether named as Beneficiary herein]. <br />