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6 101290 FIB 2M (e-aa)
<br />Page 2 of 4
<br />S. Corporate Truster. If Trustor is a corporation, it will do ail things necessary to preserve its corporate existence, rights and
<br />privileges under the laws of the state of its incorporation.
<br />insurance. Trustor, at its expense, will maintain with insurers approved by Beneficiary, insurance with respect to the
<br />improvements and personal property, constituting the Property against loss by fire, lightning, tornado, and other penis
<br />covered by standard extended r_._._qe endorsement, in an _...oust equal to at least one hundred per e"t of the full
<br />replacement value thereof; and insurance against such other hazards and in such amount as is customarily carried by
<br />owners and operators of similar properties and as Beneficiaries may require for its protection. Trustor will comply with
<br />such other requirements as Beneficiary may from time to time request for the protection by insurance of the interest of
<br />the respective parties. All insurance policies maintained pursuant to this Trust Deed shall name Trustor and Beneficiary
<br />as insureds, as their respective interests may appear, and provide that there shell be no cancellation or modification
<br />without fifteen days prior written notification to Trustee and Beneficiary. in the event any policy hereunder is not
<br />renewed on or before fifteen days prior to its expiration date, Trustee or Beneficiary may procure such insurance and the
<br />cost thereof shall be added to the loan secured by this Trust Deed and shall bear interest at the greater of the interest rate
<br />specified therein or the highest interest rate authorized by the laws of the State of Nebraska. Trustor shall deliver to
<br />Beneficiary the original policies of insurance and renewals thereof or memo copies of such policies and renewals
<br />thereof. Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option of
<br />Beneficiary, constitute a default. All unearned premiums are hereby assigned to Trustee as additional security and a sale
<br />and conveyance of the Property by the Trustee shall operate to convey to the purchaser the Trustofs interest in and to sit
<br />policies of insurance upon the Property.
<br />7. Taxes and At eissmerota. Trustor shall pay all taxes and special assessments levied or assessed against or due upon the
<br />Property before delinquency, and will deliver to Beneficiary copiers of receipts showing payment of such taxes and
<br />special assessments. If Beneficiary shall so request. Trustor agre-ea tttat there shall be added to each periodic payment
<br />required to be made hereunder an amount estimated by Trustee to be sufficient to enable Trustor to pay, at least w days
<br />before delinquency, all taxes, assessments or other public charges against the Property. the Note saoured by this Trust
<br />Deed, or upon account of the debt or the lien of this Trust Deed. together with premiums for insurance required to be
<br />provided under this Trust Deed and no interest shall be payable to Trustor in respect thereof. Upon demand by Trustee,
<br />Trustor shall deliver to Trustee such additional sums of money as are necessary to make up any deficiency in the
<br />amounts necessary to enable Trustee to pay any of me foregoing itema.
<br />8. Additional Llama. Trustor shall make all payments of interest and principal and payments of any other charges, fees, and
<br />expenses contracted to be paid to any existing lien holders Or onor beneficiaries under any prior Trust Deed Mortgage or
<br />other security agreement, before the date they are delinquent cnd to pay any other ciatm which jeopardizes the security
<br />granted herein.
<br />Pr oricttort of 6wlslferry a Sooeuily, Should Truster fail to make any gagmen, last to do any act as herein provided, or it
<br />any action or proceeding is commenced which materially effects Beneficiary's imeresi in the Property, including, but not
<br />limited to, eminent domain. insolvency, arrangements or oraceadings invoti ing a bankruptcy or decedent, lien
<br />foreclosures, then Beneficiary or Trustee but without obligation to do am and without notice to or demand upon Truss or,
<br />and without releasing Trustor from any obligation hereunder, may maize or do the same, and may pay. purchase, contest
<br />Or compromise any encumbrance, charge or lien, which in the judgment of either appears to affect said Property: in
<br />exercising any such powers the Beneficiary or Trustee may incur any liabifity and expend whatever amounts, induding
<br />diabursame,ns of reasonable attorney's face, which in their a3sWuta discretion, may be necessary. in the event Vtat
<br />Trustor shall fail to procure insurance or to Pay taxes and spacial asnosswmm or to make any payments to existing or
<br />Prior lien holders or beneficiaries, the Beneficiary may procure such insurance and make such payments. All sums
<br />incurred or expended by Beneficiary or Trustee in accordance with the provisions of this Truss Dead are secured hereby
<br />and, without demand, snail be immediately due and payable by Trustor and shall bear interest at the maximum allowable
<br />legal rate: prontled, however, that at the option of Beneficiary or Trustee such sums may be added to the principal
<br />balance of any indebtedness secured hereby and shalt bear the same interest as suet: indebtedness and shall be payable
<br />ratably over me remaining term thereof.
<br />10. Assignment Of (tents. Beneficiary shall have the right, power and authority dunng tie conbnusnce of this Test Deed to
<br />000W. the rents, issues and profits of the Property and of any personal property seated ±
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