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. . 84-= +fl00'7Bi 2. Payment of Principal and Interest. Trustor shall punctu- ally pay the principal of, and interest on, said promissory note including any a:Ivances thereto as provided herein on the dates and at the place and in the manner provided therein and will punctually perfot~ all agreements, conditions and pro- visions of any other security instrument given in connection with this transaction. 3. Preservation and Maintenance of Property. Trustor will r_ot commit any waste upon the Property and will, at ail times, maintain the same in goo9 order and condition and will make, from, time to time, all repairs, renewals, replacements, addi- tions and improvements which are reasonably required to pre- vent waste, impairment, or deterioration of said property. No building or improvement now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. 4. Damage to Property. In case of any damage to, or destruc- tion of, the buildings, improvements or personal property constituting part of the Truss Property, whether such loss is covered by insurance or otherwise, Trustor, at its sole cost and expense, will promptly restore, repair, replace and rebuild the same as nearly as practicable to its condition iaamsediately prior to such damage or destruction or with such changes and alterations as Trustor may deem appropriate, pro- vided such changes and alterations do not materially lessen the value and utility of such buildings, improvements and personality fram that existing immediately prior to such dam- age ar destruction. Trustor shall be entitled to reimburse- ment from the Trustee to the extent of the net insurance pro- ceeds received by Trustee, but only to the extent of the actual suffi expended under-this provision. S. Corporate Trustor. If Trustor is a corporation, it ~~ill do all things necessary to preserve its corporate existe:ace, rights and pzivileges under the laws of the stat£ of its in- corporation. b. Insurance. Trustor, at its expense, will maintain with iasurors approved by Beneficiary, insurance with respect to the improvements and personal property, constituting the Prop- erty against loss by fire, lightning, tornado, and other perils covered by standard extended coverage endorsement, in an amount etgual to at least one hundred percent of the full replacement value thereof; and insurance against such other hazards and in such amount as is eustostarily carried by owners and opera- tors of siailar properties and as Beneficiary may require for its protection. Trustor will comply with such other require- ments as Beneficiary may from time to time request for the protection by insurance of the interest of the respective parties. .Ali insurance policies maintained pursuant to this Trust Deed shall name Trustor and Beneficiary as insureds, as their respective interests may appear, and provide that there shall be no cancellation or modification without fifteen days prior written notification to Trustee and Beneficiary, In the evens any policy hereunder is not renewed on or before fifteen days pricer to its expiration date, Trustee or Benefi- ciary may procure such insurance and the cost thereof shall be added to the loan secured by this Trust Deed and shall bear interest at the greater of the interest rate specified therein or the highest interest rate author zed by the laws of the State of .Nebraska. Trustor shall deliver to Beneficiary the original policies of insurance and renewals thereof or memo espies of such policies and renewals thereof. Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option of Beneficiary, constitute a default. Ali unearned premiums are hereby assigned to Trustee as adrlitonal security and a sale and conveyance of the Prop- erty ,by the Trustee shall operate to convey to the purchaser the Trustor's interest in and to all policies of insurance upon the Trust Property. -2'