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<br /> 2. Taxes. Trustor snail�y c�c� r.sta��rr.ent of all taxes ar.d spec;ai assasswants�t :v?•y k�r.�, nC•.v or hereafter
<br /> lev�e9 aga�nsc tne Trusc Estate or any pa�t thereat, before delinquency, wrtnout nouce or tlemand.
<br /> '3. Mtuiancs and Re/�alrs. Trustar shell maintain Hre and extended Coverage insurance :nsunng the Improvements ' ,.
<br /> eonstituting paR af the Trust Estate far such amounts and on such terms reasonably SatistaCtory to Beneifciary. So long a5 the(� .
<br /> Proparry is seCUred by 8 first deed ol trusi or mcRaage,C�mplianC� witn the �nsuranca requirnments of tne lirst dee�J of trust or� -
<br /> mortgage shall be sufficient to�atfsfy the reouirements of th�s paraqraph 3 relating ta insurance. � _
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<br /> "K' Trustor shall promptly repair and replace the Trust Estata or any part thereof sa thac,exCept`or ordinary wear and tear� . �
<br /> the Trusi Estate shall not detariorate. In no event shall the Trustor commit waste on or to the Trust Es:ate,or commit,suffer q � �
<br /> perrnit any aci ta be done in or upon the Trust Estate�n vialation of any law,ordinance or repuiatian. Trus;or shall pay and pramptl� "
<br /> discharge at Trustor's cost and expense all tiens, encumbrances and charqes Ievied, imposed ar assessed against the Trust Estat� _
<br /> ar any part therecf. �
<br /> • 1, 4. Acilens Alfsctlag TiusiEstats. Trustor shatl appear In and contast any aet�on ar procaeding purport(ng to affec: �
<br /> tha secu�iry herAOf or the rights or powers of Beneffciary or Trustee,and shali pay all casts and expenses,�nctuding cast of evidence -
<br /> . of title and attorneys' fees.In any such actlon or proceeding in which Beneficiary or Trustee may appear. If Trustor fails to mako _
<br /> any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiary andlar Trustee, each in � -
<br /> their own discretion, without obliqation sa ta do and without notice to or demand upon Trustar and withoui releasinp Trustor from ;�
<br /> any ob�igadan,may make or do the same in such manner and to such extent as either may deem necassary to protect the securiry _ -
<br /> hereof. Trustor shall, fmmedietely u0on demand therofor by Beneficiary, pay all costs antl expenses incurred by Beneficiary in , --
<br /> connection with the exercise by BeneficiEry of the foregoing �ights, including without I(mitation costs of evidence of tide, court ,�,�-
<br /> costs,appraisals, surveys and attorneys'fees. _
<br /> � 5. Finlnsni Domaln. If the Trust Estate,or any part thereot or interest therein, be taken or damaged by reason of —
<br /> any public improvement or condemnatian procseding, or in any ether manner including deed in Ileu thereof ►'Condemnation'), or
<br /> it Trustor reCeive,any notiCe or other information regarding such proceeding, Trustar shall give prompt wrltten natice thereof to
<br /> Beneficiary. Trustor shall be entitled to alI compensation, awards and azhor payments or relief thereef and shall be entitled at its
<br /> aption ta commence, appear in and prosec�te in its own name any action or praceedings. Trustar shall also be entitlad to maka
<br /> � any compromise or settlement in connecaan witn such taking or damage.
<br /> 6. Appalntmeni of Succaasor Trustes. Banericiary may,irom iima Ev iimn, Gy o wri��er����.�,;msr; azacu,cd sr.d • -
<br /> acknowledped by Beneftciary, mailed to Trustor and recorded in the Counr/in which the Trust Estate is located and by otherwise
<br /> complyfng with the provisions ot the applicable law di the Staie of Nebraska su6stitute a successor or successars to the Trustee
<br /> named herein or acting hereunder.
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<br /> 7. Sucesssors andAsslgns. This Second Deed of Truat applies to,inures to the benefit of and binds all parties hereta,
<br /> the(r hei�s,Iepatees,davisees,personal representatives,successors and essigns. The term'Baneficiary'shall mean the owner and
<br /> holder of any promissory note given to beneticiary, (whether or not named as Beneficiary hereinJ.
<br /> 8. Mage� ConsolJdaBon,Sa/es or Leases. Trustor covenants that Trustar wilt not sell,leasa ar cthenaise dispose
<br /> of any of the Trust Estate. In the event that Trustor sells,leasas or othervvisa disposes oi any part af the Trust Estate,Beneficiary
<br /> may at its option declare the Indebtedness secured hereby immedtately due and payable, whether or not any dafault exists.
<br />_ Bene(ICiary shalt consent to a transter of the Trust Estate ta a third party to the extent such third pany meets the requirements
<br /> contained in,and assumes the obligadons set forth in the Firsc Desd of Trust. The covenants contained herein shalt run with the
<br /> Property and shall remain in full force and effec:until the Indebtedness is paid in full.
<br /> 9. Events of DefauJt. Any of the following events shall be deemed an event ot default hereunder: ---
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<br /> (a) default shall be made in the payment of the tndebtedness or any ocher sum secured hereby when due: � .__
<br /> or —
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<br /> (b) Trustor shall perform ary act in bankruptcy; or �=__�
<br /> Icl a coutt of competent j�risdiction shall enter an order,judgment or decres approving a petitlon tiled against =_____----
<br /> Trustor seeking any rearganization, dlssolution or similar relief under an resent or future tederal,staie or other statute, _=--�°m°°�—�
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<br /> law or regulation relating to bankruptcy, insolvency or other relief for debtors,and such arder,judgment or deCree shall � , *{��:
<br /> re mai n u r.va c a t e d a n d u n s t ay e d f o r a n ag�r eg a t e of six t y(60)da ys(whether or nut consecutive)from the firsi date of entry ry�����,'�����: :
<br /> theraof; or any uustee, receiver or Iiquidator or Trustor ar of aIl or any part of the Trust Estate, or of any or all of the ���'Y=��`=
<br /> royalt�es,revenues, rents, issues or profits thereof,shall be appointed without the consent or acquiescence of Trustor and ��'.'�?'!'�''.�'._:__:
<br /> such appointment shall remain unvacated and unstayed for an aggregate of sixty(601 days(whether or not consecutivel: �-� 7Srx
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