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t+eg <br />86,.,a-, 1086" _ P" 261 f (s($-"I ► . <br />.xm4 <br />S. fTtwtor Macor poration, it will dostithingenecessaryto preserve itscorporateexistence , rights and <br />pe <br />vr <br />ton of the silts of its incorporation. <br />0. Iris sionee. TnoW. 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 fin, lightning. tornado, MW other p*rile <br />eoverYd by sNndard extended coverage endorsement; in an amount equal to at Nat ens hundred percent of the full <br />replacement value tlhersof; and insurance agel t such other hazards and in such amount as is cusionwity carried by <br />without 111111M n days prior written' notification to Truelaa find Beneficiary. In the event my policy hereufider,is not <br />lot onorbetor.11111 lidayspriortoitsexpirationdate .Trusteeof <br />Benelklry may procure such intarrancaarrd the <br />coittimeot MiaM beedded to"low secured by this Trust dead and shelf beartntenat at thegreaMrof the inarestraa <br />specified therein or the highest it to rate authorised by the laws of the Stall of Nebraska. Trustor ~ deliver to <br />Beneficiary the original policies of Insurance and renewals thereof or memo copies of such policies and rerrawele <br />thereof. Failure to furnleh such inerance by Truster, or renewsk n required hereunder aheti.: at the option of <br />Beneficiary, constiaulead~.ANuns riedpramiiumsareherebyassignedtoTrwteess additionalsrlcorkyandasal <br />and conveyance olt he Property by the TnpNeshall operate to convey loth* purcheserthe Tn»toes Intense in and to all <br />policies of Insurance upon the Property. <br />7. Teases and Aaaaasxtaals. Trustor shall pay all taxes and special asesesmena levied or assessed against or due upon the <br />Property before delinquency. and will deliver to Beneficiary copies of receipts snowing payment of such taxes and <br />special seeeeenent.If Beneficiary shell so requeK Trustor agrees that there shall be added to each periodic "payment <br />nquindto be macs hersunderan amount estimated by TrusNe to ba suHicNm to enable Tnxttwto pay, at lust 30 days <br />before delinquency, all taxese, aseeme aria or other public charges against the Property, the Note secured by this Treat <br />Deed. or upon account of the debt or the lien of this Truss Deed, together with premiums for insurance required to be <br />provided under this Treat Dead and no interest shall be payable to Tnrgor in respect thereof. Upon demand by Trustee, <br />Truster shed deliver to Trustee such additional sums of many as are necessary to make up any deficiency in the <br />amounts necessary to enable Trustee to pay any of the foregoing items. <br />B. Addlllenel LJW W Tr ator shall make all psymenb of interest and principal and payments of any other charges, is", and <br />expenses contracted to be paid toany existing lien holders or priorbeneNciaries under any prior Trust Deed, Mottgageor <br />other seeurilyagreement, beforethedate they are delinquent and to pay any other claim which jeopardizes the security <br />gra. herein. <br />g. l4rlsaYewel teaeNeNry s IIeew -I Should Trustor fall to make any Payment. fail to do any act as herein provided, or if <br />any action or proceeding is conmsngd which materiality affects Bene iciasy's interest in the Property. including. but not <br />limited o, eminent domain. insolvency. arrangements or proceedings involving a bankruptcy or decedent. lien <br />foreclosures, then BeriMkiaryor Trustee but without obligation to do so, and without notice to or demand upon Trustor, <br />and without rel waling Tr ustorirom any obligation hereunder may main ordothesam e, and may pay: purchase, contest <br />or compromleany encumbrance.' charge or lien, which in the judgment of either appears to affect said Property: in <br />exercNirg my such powers the Beneficiary or Trustee may incur any liability and expand whatever amounts, including <br />disbursements of reasonable attorney's teas, which in their absolute discretion. may be necessary. In the event that <br />Tru*W shad fail to procure insuniii or to pay taxes and spacial assessments or to make any payment to existing or <br />prior 1110n holders or benelklfies.: the Beneficiary may procure such insurance and make such payments. All sums <br />incufredorexl: I -by Beneficiary or Trustee in accordance with the provisiorsof this Trust DOW an secured hereby <br />and, without denhwM, aped be immediately due and payable by Trustor and shell bear interestatthe maximum allowable <br />legal rate: provided, however, that at the option of Seneficiery or Trustee such sums may be added to the principal <br />balance of any indebtedneessiscured hereby and shall beer the same intim as such Indebtedness andshagfanpayable <br />ratably over the remaining term thereof. <br />10. AWpNN-M ef Aertte. 8e ftWy ~ham the right, power and authority during the continuance of this That Deed to <br />coleci the rams haare and pro llb of the Property and of any personal property located thereon with or without taking <br />posseeeipn of the Properly affected hereby, and Trustor hereby absolutely and unconditionally assigns all such rents, <br />ieeueseid profito Seriefii3tery. Bwwficiary, however, hereby consortia to the Trustoes collection and retehtidn of such <br />rents. issues and profit as they accrue and become payable so long as Trustor is not, of such times, in default with <br />respect to payment of any indebtedness secured hereby or in the performance of arty agreement hereunder. Upon any <br />such default. Beneficiary may at any time, either in person, by agent, or by a receiver to be appointed by a court, without <br />notice and without regard to the adequacy of any security for the indebtedness thereby secured, (a) enter upon and take <br />Possession of the Property or any pet thereof, and in its own name ate for or otherwise collect such rents. issues and <br />profits, including throe pest due and unpaid, and apply the sane. tess cwt and expenses of operation and collection, <br />including reasonable attorney fees, upon any indebtedness secured thereby. and in such order as Beneficiary may <br />determite (b) perform such acts of repair or protection as may be necessary or proper to Conserve the value of the <br />Property; (c) Inane the main* or any part thereof for such rental. term. and upon such conditions as it judgment may <br />dictate. Unless Trustor and Beneficiary agree otherwise in writing, any application of rent, isaao or profit to any <br />Indebtedness secured hereby Mm# not extend or postpone the due date of the installment payments as provided in said <br />promissory rote or charge the amount of such inataiimefttL The entering upon and taking possession of the Property. <br />the collection of such rents, h om am profits, and the application in~ as aforesaid, shell not Waive or cuts any <br />default ' or notice of default hereunder, or invalidate any sat done pursuant to such notice. Truaor ate assigns to <br />Beneficiary. as further security for the performance of the obligations secured hereby. all prepaid rent and all monies <br />which may have been or may her*OW be deposited with said Traitor by any fesaee of the Property, to secure the <br />Payment of any rent, and upon default in the performance of any of the provisions hereof. Trusty agrees to deliver such <br />rams are deposits to the Beneficiary. Deltvery of written notice of BeneficWs exercise of Me 6" granted twain. to <br />any tenant Occupying said premises shelf be sufficient to require said tenant to pay said rent to the Beneficiary unni <br />tur"W notice. <br />11, Leased Pr@WAM . Within ten (10) days after demand. Trhgtur shall furnish to Trustee a schedule certified to be true, <br />salting forth all losses of space in the Prop" than in aflct, including, in each case, the name of the tenants and <br />occupant, a d*@C( Mien of the speoe occupied by such tenant and occupant the rental payable for such space and such <br />other inforowdon and aocurnentawith respect to such leases and tenancies as the Trustee may request. <br />Without the prorwritlen consent of Trustee. Trustor shell not, directly or indirectly, with respect to any Vase of space in <br />the dowribed p rOmises, whsther such 1"" is now or hereafter in existence: (ace accept or permit any prepayment, <br />discount Or etivawas rent payable thereunder; (b) cancel or terminate the same, or accept any cancellation, termination <br />Or surrender lhweof, or permit any event to occur which would entitle the lessee thereunder to terminate or cancel the <br />selmw (0) annend a modify the lame w as to reduce the term thereof, the rental payable thereunder, or io change any <br />rernwel provisions therein contained; (d) waive any default thereunder or breach thereof (e) give any <br />