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85= 004425
<br />FLB 29M (S -cis) ,
<br />Page 2 M 4
<br />S. Cerpom %TrusMr.IfTrustwis&corporation, it will do all things necessary to preserve its corporsteexistence, rights and
<br />privi a rurliday the laws of the state of Its incorporation.
<br />S. trntrom& 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, tomado, and other perils
<br />GOWN red by standard extended coverage endorsement, in an amount equal to at Nast one hundred percent of the toll
<br />rePt000mmt 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 corapiy with
<br />such oiha nquirefnenb es Beneficiary may from time to time request forth* protection by Insurance of the tntarest of
<br />the respective parties. All insurance policies rWrftined pursuant to this Test Deed "I name Truolorand Boneaciery
<br />as insureds, as their respeoNw interests may appear, and provide that these shall be no cancellation or modification
<br />without Ilflaat days prior written notltteatlon to True" and Beneficiary. In the evert any policy hereunder In not
<br />mw*iod on or before hfleen days P6Wto Its expiration date, Trustee or Beneficiary may procure such Insurance and the
<br />cost thereof shalt be added to the loan secured by this rout Deed and she# boor Interest at the greaterathe InNreat raft
<br />specified therein or the highest interest rate authorized by the laws of the state of Nebraska. Treater shall deliver to
<br />Beneficiary the original policies of Insurance and renewals thereof or memo copies of Koch polidet and rMewala
<br />thereto. Feewre to furnish such insurance by Trustor, or renewals as required hereunder shell, at the option of
<br />Beneficiary, con rMuse a default. All unearned premiums are hereby assigned to Trustee es additional security and a mM
<br />and conveyance of the Property by the Trustee shall operate to convey to the purchaser the Trusters m1lereet in and to alt
<br />policies of insurance upon the Property.
<br />1. Tastes era/ Aaaessolos lea. Trustor shall pay all taxes and special asesesrtants levied or assessed against or due upon the
<br />Property before delinquency, and will deliver to Beneficiary copies of receipts showing psynsnt of such taxes and
<br />special aesaesnmmil. If SeneAOlery shall so request Trustor agreoe that there shall be added to oath paio0lc paymam
<br />required to be made hereunder an amount estimated by Trustee to be sufficient toesbla TrLWW to pay, at loess 30 drys
<br />before do*mKmwy, all taxes, aaaso ments or other public charges ogainst the Property, the Note secured by this Trust
<br />Deed, or upon account of the debt or the lion of this Trust Deed, together with premiums for irawatce required to be
<br />provided under this Trust Deed and no interest shall be payable to Trustor in respect thereof. Upon demand by Trusses.
<br />Truster strati deliver to Trustee such additional sums of money as are necessary to make up any defteis ro in the
<br />amounts necessary M enable Trustee to pay any of the foregoing Item.
<br />S. AddUis" U@mTnstor shall makeall payments Of Interest and principal and payments of any othercharges, fees, and
<br />expenosecontracted to be paid to any existing lion holders or prior beneficiaries under any priorTr st Deed. Mortgage or
<br />other security agreement, before the date they are delinquent and to pay any other claim which jeopardizes the security
<br />granted herein.
<br />Prafesf e of Bo oNatarya So@wNy. ShoWd Trustor fell to make any payment, fait to do any so es herein provided, or if
<br />any aettore or prooesding is commenced which materially afltetS Beneficiary's interest in the Property, including, but not
<br />limited to, emirsm domain, insolvency, arrangenonts or proceedings involving a bankruptcy or decedent, Ilan
<br />foreclosures, then Beneficiary or Trustee but without obligation to do so, and without noticeto or demand! upon Truetor,
<br />anti without raleaalng Trustor from any obligation hereunder. may make or do the sarme, anti 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 />exertle" any Such powers the Benetloiery or Trustee may Incur any habtitty and expend whatever mounts, including
<br />dieburaomernN of roaonWN atorrNy's fees, which In their absolute discretion, may be necessary. In the evem that
<br />Truster shat fail to procure insurance or to pay taxes and special assortments or to make any payments to existing or
<br />preen ion hoiden or bSnNlciartes, the Beneficisf may procure such insurance and make such payments. All sums
<br />incurred orexpeded by Beneficiary or Trustee In accordance with the provisions to this Trust Deed are secured hereby
<br />and, without tleanand, shati be immediately duo and payable by Tumor and an" beer interest at the maximum allowable
<br />legal rat; Provided, however, that at the option of Beneficiary or Trustee such sums may be added to the principal
<br />balance to any indebtednees Secured hereby and shall beer the ssime interest as such indebtedness and Shall bo payable
<br />rateWy over the remaining term thereof.
<br />10. Assgaasm of Itenff. Beneficiary shall haw the right, power and authority during the continuance of this True Deed to
<br />i;oilacl the rerrts, issues and profit of the Property and of any personal property located thereon with or without taking
<br />poses~ of the Property anected hereby, and Trustor hereby absolutely and uncondltionalty assigns all such rents,
<br />issues and prolitsto Beneficiary. Beneficiary, however, hereby consents to the Trustors collection and retention of such
<br />rents, issues and profits as they accrue and become payable so long as Trustor is not, at such times, in default with
<br />respect to Payment of any indebtedness secured hereby or in the performance of any agreement hereunder. Upon any
<br />such default. Soneffciary may of any time, either in person, by agent, or by a recNverto beappointed by a court, without
<br />notice anti without regard to the adequacy of any security for the indebtedness hereby secured, (a) enter upon and take
<br />possession of the Property or any pan thereof, and in its own name we for or otherwise collm such rents. Issues and
<br />profits, including those put due and unpaid, and apply the same, less costs and expenses of operation and collection.
<br />including rasesnable attorney Tess, upon any Indebtedness secured hereby, and In such order as Beneficiary may
<br />dNamine; (b) perform such acts of repair or protection es may be necessary or proper to conserve the value of the
<br />Property; (c) lease the sans or any pen thereof for such rental, term, and upon such conditions as its judgment may
<br />dictate. Unless Trustor, and Beneficiary agree otherwise in writing, any application of rents. issues or profits to any
<br />indeblodnnew setaJred hereby snail not extend or postpone the due ate of the installment payments as provided In said
<br />Promissory rose of change the amount of such installments. The entering upon and taking possession of the Property,
<br />the Collection of such rents, issue and profits, and the application thereof as aforesaid, shall not waive or cure any
<br />default or notice of default hereunder, or invalidate any act done pursuant to such notice. Trustor also assigns to
<br />Beneficiary. as further security for the performance of the obligations secured hereby, all prepaid rents and all monies
<br />whlCh they have been or may hereafter be deposited with said Trustor by any lasses of the Property, to secure the
<br />payment of any rem, and upon default In the performance of anyof the provisions hereof, Trustoragrees to deliver such
<br />rents and deposits to the Beneficiary. Delivery of written notice of Beneficiary's exercise of the rights granted herein, to
<br />arty tenant OCCUPying sold premises Shall be sufficient to require said tenant to pay said rent to the Beneficiary until
<br />tunlrsr nail",
<br />11. leased Preatiseo, Within the (10) days after demand, Trustor shall furnish to Trustee a schedule Certified to be true,
<br />felting forth all leases of space In the Property then in effect, including, in each case, the name of the tenants and
<br />odcupeia, Adescription of the space occupied by such tenant and occupant, the rental payable for such space and such
<br />other IMormatlon and documents with respect to such INses and tenancies u the Trustee may request.
<br />Without the pno /written consent of Trustee, Trustor shall not, directly or indttocily, with respect to any tease of space in
<br />the described promises, whether such 1"" is now or hereaher in existence: (a) accept or permit any prepayment,
<br />discount or advance rent payable Iharelnder; (b) cancel or terminate the acme, or accept any cancellation, termination
<br />or surrender thereof, or permit any event to occur which would entitle the lessee thereunder to terminate or cancel the
<br />same; (c) amend or modify the some to as to reduce the term thereof, the rental payable thereunder, or to Change any
<br />renewal provisions therein Contained; (d) waive any default thereunder or breach thereof; ter) give any
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