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t ��r <br />5. Taxes and Insurance. Borrower will pay, before delinquency, all <br />taxes and assess nts that may become liens against the real property. <br />Borrower further agrees to keep the property insured against loss, damage <br />or fire with extended coverage to the amount of the full insurable value <br />on a replacement cost basis (or less in the discretion of the Lender) with <br />a Nebraska licensed insurance company. The policy shall have such <br />endorsements to provide that loss of such insurance shall be payable to <br />Lender. The Lender may require a policy evidencing this insurance and <br />receipt for the payments of the premiums. The policy shall contain a <br />provision requiring 30 days or more notice to Lender prior to cancellation <br />or modification. Borrower shall give Lender evidence of renewal of the <br />policy with premiums paid, 30 days or more before expiration. Borrower <br />will not permit any condition to exist on the real property which would <br />invalidate any insurance thereon. Lender shall not by the fact of <br />approving, disapproving, accepting, preventing, obtaining or failing to <br />obtain any such insurance, incur any liability for the form or legal <br />sufficiency of insurance contracts, solvency of insurers, or payment of <br />losses and Sorrows hereby expressly assumes full responsibility therefore <br />and any liability, if any, hereunder. <br />6. Maintenance of Pro ertj Borrower shall keep the property in <br />good repair and shall not commit waste or deterioration. No improvements <br />shall be removed or structurally altered and no fixture which shall <br />constitute an accessory to the property shall be removed without Trustee's <br />approval. Borrower shall not permit any lien of any mechanic, material - <br />man or any other statutory lien to attach to the property and shall <br />comply with all laws affecting the property. <br />7. Right of Entry. Lender, may at any time without notice to <br />Borrower, enter and inspect or protect the property in person or by its <br />agent, in any manner as may be deemed reasonable and necessary to <br />protect the value of the property. Lender may undertake such repairs or <br />maintenance as it deems necessary and the cost shall immediatelly become <br />due and payable to Lender and said amount shall be reimbursed in the <br />same manner as provided for insurance and taxes. Lender shall not be <br />deemed to have waived its rights to declare default under this Trust Deed <br />for failure to maintain the property correctly even though the Lender <br />undertakes to perform such repairs and maintenance. <br />8. Protection of Lender's security. If Borrower fails to perform the <br />agreements nea in this Trust Deed or if any proceedings are <br />commenced which materially affect Lender's interest in the real property <br />including but not limited to eminent domain, bankruptcy, enforcement of <br />statutory provisions or foreclosure of a prior mortgage or Trust Deed, <br />then the Lender, at it's option, upon such notice to Borrower as may be <br />required by law, may make such appearance, dispose of such sums and <br />' including but not <br />to any action necessary to Lender s robe , <br />limited to, disbursement of reasonable attorneys fees and entry on to the <br />real property. In the event of any default hereunder and whether or not <br />an action is instituted to enforce this Trust Deed or the Note, Borrower <br />promises to pay to the Lender any reasonable sum for costs incurred in <br />good faith by Lender. The Borrower shall be liable to Lender for <br />repayment of said amounts with interest at the highest legal rate <br />not to ex twenty (20 ) per cent. <br />9. No Waiver. Acceptance by Lender of any sums from Borrower or <br />any other person after the same is due shall not constitute a waiver of <br />the right to require full payment or to declare default. The acceptance by <br />Lender of any sum in an amount less than the sum due shall be deemed <br />an acceptance on account and shall not constitute a waiver. <br />