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<br /> =�a' and ceaualty in�uranca may be procur�d in a� singla policy or raaY �� obtein�d
<br /> � in eeparate poliaies. in any event, suchpo lia orpo liciae ehall. n+ama
<br /> -r%��� Beneficiary an8 Truetor ae insureds as their in�areots me�y appoar and —
<br /> �_� Beneficiary sha].1 be provided with a Certificate of Tnsuranao or �draplf.cate
<br /> '�° thoYt°rm of9thie Dneedrof aTrust� �'n full forao +�nd offaat at all t:luw� duriny
<br /> _ :�; ; . _
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<br /> �= 4. ACTIONS AFFECTING TRUST ESTATE. Trustor ehall appear ir� and contest �
<br /> any action or proc g purpor g o a fect the security hereof o.r tho
<br /> � righte or powere of Beneficiary or Trustee end ahalL pay all costs and
<br /> expenses, 3ncluding coat of evidence of ti�le and attornoy's fees, in any suah
<br /> —•-��=�;=;1� action or proceeding in which Beneficiary or Trustee may appear. $hould �
<br /> - -•�� Trustor fail to make any paya�ent or to do any act ae an7 in the m�tren�r
<br /> Ta � . pr�vided in any of the I,oan Instrwnents, Beneficiary and(or Truste4, aach in
<br /> ��°' its own aiscretion, without obligation, may make or do tne sertw in such manner
<br /> � �' and to suah extent as either ma deem necessary to protect the se�uzity
<br /> -,�_•=_3�_ hereof. Trustor shall, imnedia�ely upon dem�nd therefor by Senef�.aiary, pay
<br /> m�
<br /> all costs endexpe nses incurred by AeneficiarY in connection with the exerc3se
<br /> _ _ _ --�� by Beneficiary of the fore�oing r3ghts, including, without limi.tation, costs `_
<br /> �__�._�_, of evidence of title, cour coets, appraisals, surveys and attornc:y'a fees.
<br /> ���r _,�,� Any such coete and exp�nses not paid within ten (10) days of writtert damand
<br /> , __� ehall draw interest a� the default rate provi8ed in the Note. �
<br /> ---'1'=''�' `� � 5, EMINEt�1'�_DOMAIN. should the Trust Eetate, oz any part thereof or
<br /> �_ _-- ��;:a,::` �� •` `
<br /> �` � intereat t erein, en or damaged by reacon of any public impzovement ar
<br /> t-'�'-�„-°,'�'<;' � �
<br /> condemnation proceeding or in any other ma[�ner including deed in lieu of ��-
<br /> ;��.. ��'`f� '.S�° ' Condemnation ("Condemna�ion"), or should Tru�tor receive any notiae or othar
<br /> ,;L� �1.=�,,; in€ormation regarding such proaeeding Trustor shall give prompt wxitten Q
<br /> — ;,,�,��;� ••� notice thereof to Heneficiary. Benef�ciary shall be entitled to a11.
<br /> ;rn� r.;..;���,.�. compeneation and condemnation awards and othar payments or relief therefor �
<br /> -:��,�;�,tt:,1::a� and shall be entitled to make anY compromise or settlemeat in con►eaction w�.th
<br /> ' s� auch taking or damage. All such compensation and condemnation, awards
<br />�=-_'�`"�:�� �`' damages, rights of action and proceods awarded to Trustor (the "Pcacee�ds") are �,.
<br /> '��'''"r� hereby assigned to Seneficiary; and Truetor agrees to execute such further
<br />---_t�• '; ;, ' aesigtuaente of the Proceeds as Beneficiary or Trustee may require. —
<br /> "�� i#,�s� � 6. APPOINTMBNT OF 3UCCE330R TREIS�. Heneficiary may, fro� time to _
<br /> �_.
<br /> = �: '�'��� . time, by a wri en ns rumen execuzea an acknowledged by Bene£iafary, u�i1�d �=
<br /> •� - -= to T�-ustar and racorded in the �o�?nty in which the Trust Letate i� located and
<br /> ���"'�"'°'�� by otherwise c 1yinq with the provisione of the app�licable law oE the 5tate
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<br />��.�a ;; r•., :•_ :�., of Nebraeka sub�itute a succaseor or successars to the Trueteo namad horain,,
<br /> '�4 or acting hereunder.
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<br /> :.�:, . .'�� ��.ak.,. , � 7. SUCCESSORS AND AS3IGN3. This Deed of Trust applies to, inures to
<br /> ��`'�� �^;"��.`"'`�°���'° the benefi o an n e a par ies hereto, their heirs, Le�atees deviseea�
<br /> ,,° . �,,.,,,.,�,
<br /> •� ��'':` �a�+•�• personal representatives, successors and assiqns. The term Benef�ciary"
<br />:�`.'� ' ,��;.•N:.��. ehall mean the owner and holder of the Note, whether or not nemad as
<br /> �;�'r"• < <� .;;. Benef iciary herein.
<br /> .. �, �� . .
<br />��"��� � 8. INSPECTION3. Beneficiary, or its agente, reprosentativos or
<br /> � �---�-.• worlunen, are a�ized to enter at any reasonable time upon or in any part of _ _
<br /> " � � . the Trust Estate for the purpose of inspecting the same and for the purpose uP �
<br /> � �.,, performing any of the acte it is authorized to perform undQr the terms of an}�•
<br />`-:-r.:� _ , of the Loan Instrumente. �""
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<br /> - �� •:'" -' • 9. EVENTS OF DEFAULT. Any of the following eve�ts shall ba dQanwd an � �
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<br /> � «,�:;:. •"TM ' � ovent of dQ au ereu� er:
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<br /> '=�;� �. ���:,r , (a) Trustor shall have failed to make payment of eny instal7ment of
<br /> ;� interest, principal, or principal and interest or any other sum secured hereby
<br /> • • ' when due; or,
<br /> ....,�, .�< . �
<br /> >.:,..� (b) There has occurred a breach or default under any term, covenant,
<br /> -= -.�c',r�� :r;, :. " ag reement, condition, provision, representation, or warranty contained in any ��
<br /> �-��"�� •" of the Loan Instrumente.
<br /> _ �> �, =:;.
<br /> .,,c.::�•'•' , �.
<br />:_�=.�. ;�. 10. ACCELERATION UPON DEFAULT ADDITIONAL REMEDIES. Should an event of --
<br /> �'..;:� : ;,s�,,, � default occur ene c ary may ec are a n e e ness secured hereby,to be �:_.
<br /> " due and payab�e, and the same shall thereupon become due and payable wi.hauC
<br /> ° �' `" �• �. any presentment, demend, protest, or noti.ce of any kind. Thereafter tha
<br /> `��. .����. Henef iciary may:
<br /> . ,.��,,.�;,.,. (a) Either in person or by agent, with or without bringing any action � '
<br /> �' , or proceediny, or by a receiver appointed by a Court and without regard to the .
<br /> • ,,_ e adequacy of its securi.ty enter upon and take possession of the Trust Estate, ,
<br /> . or any �art thereof, in �ts own name or in the name of Trustee, and do any
<br /> � •�'• � acts which it deems neceseary or desirable to preserve the value,
<br /> ,.
<br /> " " marketability or rentability of the Trust Estate, or part thereof or interest
<br /> ' t h e rein, increase the income therefrom or protect the security hereof. and � �
<br /> � ° with or without takinq possession of the Trust Estate, sue for or otherwise
<br /> � collect the rents, issues and profits thereof, including those past due and .
<br /> unpaid and apply the same, less costs and expenses of operation and
<br /> ��� ��' � collec�ion, includinq attorney's feea, upon,any indebtedness secured hereby,
<br /> � all in such order as Beneficiary may determine. The enterinq upon_and_�aking
<br /> - � � possession of the Ti'ust �state, tite coiieccion vi aucii i:ei�to, 1ov..QO a..�+ ;
<br /> profits and the application thereof as aforesaid, shall not cure or waive any
<br /> � � default or notice of default hereunder or fnvalidate any act done in responae
<br /> � to such default or pursuant to such notice of default and, notwithstanding the
<br /> continuance in poasession of the Trust Estate or the collection, receipt and
<br /> � : '. application of rents, issues or erofits, Trustee or Beneficiary shall be
<br /> �� entitlad to s::ercise every .right provided for in any of the Loan Inetruments
<br /> • or by law upon occurrence of any event of default, including the right to
<br /> � exercise the power of sale;
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