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200213580
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Truster shall pay when due the principal of, and the interest
<br />on, the indebtedness evidenced by the Note, charges, fees, and all other sums as provided in the Loan
<br />Instruments or future advances made by the Beneficiary in an amount not greater than the original sum
<br />secured hereby.
<br />2. TAXES. Trustor shall pay all taxes and special assessments of every kind, now or hereafter
<br />levied against the Trust Estate or any part thereof, in two (2) installments per year as the same shall become
<br />due. Truster shall be responsible to pay all taxes and assessments which may be levied upon Beneficiary's
<br />interest herein or upon this Deed of Trost or the debt secured hereby, without regard to any law that may be
<br />enacted imposing payment of the whole or any part thereof upon the Beneficiary.
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage insurance
<br />insuring the improvements and buildings constituting part of the Trust Estate for an amount of no less than
<br />Two Hundred Fifteen Thousand Dollars ($215,000.00) (co- insurance not exceeding 80 percent permitted).
<br />Such insurance policy shall contain a standard mortgage clause in favor of Beneficiary and shall not be
<br />cancellable, terminable or modifiable without ten (10) days prior written notice to Beneficiary. Trustor shall
<br />promptly repair, maintain and replace the Trust Estate or any part thereof so that, except for ordinary wear
<br />and tear, the Trost Estate shall not deteriorate. In no event shall the Truster commit waste on or to the Trust
<br />Estate.
<br />4. ACTIONS AFFECTING TRUST ESTATE. Truster shall appear in and contest any action or
<br />proceeding 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 attorney's fees, in any such action
<br />or proceeding in which Beneficiary or Trustee may appear. Should Truster fail to make any payment or to
<br />do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and /or Trustee, each
<br />in its own discretion, without obligation so to do and without notice to or demand upon Truster and without
<br />releasing Truster from any obligation, may make or do the same in such manner and to such extent as either
<br />may deem necessary to protect the security hereof. Truster shall, immediately upon demand therefor by
<br />Beneficiary, pay for such payment or act, including without limitation costs of evidence of title, court costs,
<br />appraisals, surveys and attorney's fees. Any such costs and expenses not paid within ten (10) days of written
<br />demand shall draw interest at the default rate provided in the Notes.
<br />5. EMINENT DOMAIN. Should the Trost Estate, or any part thereof or interest therein, betaken
<br />or damaged by reason of any public improvement or condemnation proceeding, or in any other manner
<br />including deed in lieu of Condemnation ( "Condemnation "), or should Trustor receive any notice or other
<br />information regarding such proceeding, Trustor shall give prompt written notice thereof to Beneficiary.
<br />Beneficiary shall be entitled to all compensation, awards and other payments or relief therefor, and shall be
<br />entitled at its option to commence, appear in and prosecute in its own name any action or proceedings.
<br />Beneficiary shall also be entitled to make any compromise or settlement in connection with such taking or
<br />damage. All such compensation awards, damages, rights of action and proceeds awarded to Trustor (the
<br />"Proceeds ") are hereby assigned to Beneficiary and Trustor agrees to execute such further assignments of
<br />the Proceeds as Beneficiary or Trustee may require.
<br />6. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to time, by a
<br />written instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County
<br />in which the Trust Estate is located and by otherwise complying with the provisions of the applicable law
<br />of the State of Nebraska substitute a successor or successors to the Trustee named herein or acting hereunder.
<br />7. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, insures to the benefit of and
<br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The
<br />term 'Beneficiary" shall mean the owner and holder of the Note, whether or not named as Beneficiary
<br />herein.
<br />8. INSPECTIONS. Beneficiary, or its agents, representatives or workmen, are authorized to enter
<br />at any reasonable time upon or in any part of the Trust Estate for the purpose of inspecting the same and for
<br />the purpose of performing any of the acts it is authorized to perform under the terns of any of the Loan
<br />Instruments.
<br />9. EVENTS OF DEFAULT. Any of the following events shall be deemed an event of default
<br />hereunder:
<br />(a) Truster shall have failed to make payment of any installment of interest, principal, or principal
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