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<br /> � that Trustor defaults tn making azry snch paymeat prior to delinquency,Beneftciury ahNl hAVC tha ogtla»to requiro
<br /> ' Ben�ficlary to escrow taxes in advuncc ln 12 equsl monthty Installments.
<br /> � `+�'��� 3. Tn4urance and Rapair{. Tru�tor ehall maintein ftre snd catended coverage in�uranca insuring tho
<br /> ,;;,,.,.�'1 improvemen¢e and butldinge conatituting part of tlie Truat�stste for an nmount no less than the amount of tho unpatd ..
<br /> w..r*� principal balnnce of tlte Note(co-insuranca not exr,eeding 8096 pecmitted). Such insuran�e pollcy shAll con�aln n
<br /> � etandnrd mortgage clause I�n favor oP Aeneficlary nnd a�signee9 of Beneficiary, If any, and shNl not be cnncelnblc,
<br /> ., terminablc or raodlflable without ten(10)days prior wrttten noticc to Beneficiory, Tn�stor shall promptly rep�lr, �
<br /> meintain and replace che Trust EstAte or eny part thereof ao that,cxcept for ordinary wear and tet�r,tha Trust E�tate
<br /> " . ahail not det�riorate. In no event ahall the Trustor conduct wasee op or to the Truec Estate. ••�'�
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<br /> , ' ' 4. Actiona Affecttna'��ust Estete, T�ustor s6a11 nppear in and contest any uction or proceeding purporting
<br /> to affcet the security herwf or the dghts or powers of Beneficiary or T►ustee and shall pay all costa and expense�, �,;''
<br />'' • � including cost of�videna of dtle and attom�y's fees, in any such actton or proceeding in whlch Beueficiery or �"
<br /> �' Truste�may appeaz. Should Ttustor fail to makc any payment or to do a�iy act as and in the manner providcd in any j:�s_
<br /> , : of the Loan Instniments,Seneficiary aad/or Trustee, each in its own discretion, without obllgation so to do and �•=
<br />- - without notice to or demaad upon Trustor end without c�eleasing TNStor from aay obligatton,may make or do the
<br /> same in such manner and to such extent as etWer mny deem necessary to protect the secutlry hereof. Trustor ehall, ���
<br /> - •- ''."` immediately upon demand therefor by Beneficiary,pay all costs and expenses incuaed by Beneficinry in wuntction �
<br /> wlth the exercise by Beneficiary of the foregoing rights,incIuding.without IimItation,costs of evidence of tltle,court ,;;;:
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<br /> •�. �` � costa,appr�isals.surveys and attorney's fees. Aay sucu costs and expenses not paid within ten(10)days of wrltten +��`
<br /> _: �,' demand shall draw interest at the default rate providod in[he Note. �;,�,*_.
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<br />::�''•'�� 5. �minent Domain. Should the Tnut Estate,or any part thereof or Interest therein,be takea or damaged
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<br /> ' ': •� b reason of an �
<br /> __�,,�:;• y y public improvement or condemnation proceedin�,or in any other manner includIng deed in lieu of
<br /> {: C�fndemnntit►n �"f�Qr�nntnat!^A"�. 4I °..tl4S�i� TSt2J24: f'xfL't 8Aj Aa.:,:. Ai Gt228i {7f�iwAiiOfi icKuniwg r�tiCA r
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<br /> ,� proceeding, Trustor sUall give prompt wdtten notice thereof to Beaeficiary. Benefic[ary shall be entitled to all
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<br /> �,�;�.t;:�:;� compensation,awards and other payments or relief therefor and shall be eatitled at its o tion to comraence. �:
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<br /> ___:_:��„� in and prosecute in its own name any actIon or proc,,edings. Beneficiary ahall also b� entided to make any
<br /> -�" "�`-� compromise or setdement ta coanection with such taking or damnge. All such compensation,aNards,damages.dghts !
<br /> --`�,�T:� � of action and proceeds a�vazded to Trustor(the'Frocteds") are hereby assigned to Benenciury.and Trustox agroes =.
<br /> .., � to execute such furthEr assignments of the Proceeds as Benefictary or Trustee snay require. _
<br /> -_-�; `� _ 6. Annoincmznc of Succe�sar Trustee. Heneficlary may,from time to time,by a�vritten insuument executed
<br /> _ and acknowledged by�eneficiary. mailed to Tiustor and recorded in the county in which the Trust Estate is located,
<br /> _=�`-;;� and by othenvise complyIng with the pmvtstons of the applicable law of the State of Nebraska.substitute a successor
<br /> —�--�-�- ' or successors to the Tcusta named heretn or acting hareunder.
<br /> �—��= 7. Successors and Assians. This Deed of Trust applies to, inures to the benefit of end biads all parties
<br /> _ ,;; hereto,their heirs�legatees,devisees,parsonal repnsentatives,si�ccusors and assigns. '�e term'Beneficiary"ehall
<br /> -__�?'��' mcan the owner and holder of t6e Note.whether or not named as &nefici�try h�rein.
<br /> ____-_ B. ns tions. Bencficiary. or Its agents, represeatativea or worl:r�en, are authorirxd to eater at any --
<br /> __ reasonable time npon or in any part of the Tcust Bstate for ths�u�wse of inspecting the sama and for the putpose �
<br /> -- of perforaning any of the acts It is authorized to perform unc�ES the terms of any of the I.oan Instruments.
<br />--- 9. �eents of Default. Any of the following events sh�ill be deemPd aa event of default heraunder:
<br /> -- _-- (a) 1Yustor shall have failed to makc pays��nt of any instaUment of iaterest,principul.or principa!
<br /> --•;�;�;� and interest or any other sum secured hereby w��a due; or -�
<br />-�-a�;,':'�. (b) 'ihere has occuned a breach of or dofaula under �ny term, covenaut. agceement, conditfoa, �_
<br /> -. . provision,reprrsentation or warranry contnined in any of abe Lroan�lmstcuments;or —_
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