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<br /> : � Y� Protect the Seaurity of thie Second Deed of Trus� � � � �
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<br /> . ` , �_' ` 1. �ayment of tndelfteotness. rruscor snau pay wnen aue u�e v�nct�e�o�end me rnterest on,the indebiedness antl aU other � , .
<br /> • � �` � sums as provided in the Loan Insuaments. i- " • . �-
<br /> . t � ' �`� Z. TSXES.TrustOr shaD pay eech instBltment of eA te�ces end Bpecfal assossments at every kinG.rtcw ot hereafter tevied eg3tr�st the .�a . ,
<br /> � � , Tast Estate or eny part tnereaf,hofare dellnquenCy,with0ut nottce or demend. , ;
<br /> �: } 3. (f18i1f8QR@ �tlt! R@QBire.Tiustor ehaU maintaln tve 8nC extendod caverago insurance Insudng lhe tmprovements cortsttlutin8 ' -° . ,:
<br /> � � part of the Trust Esmte tor sueh emounta end on such tertns reasoneby sat�aztary to Beneticiery.So tong as the Property Is secured by a � ,
<br /> ' • first dead of trust ar tnortgage.Compiianca wgfi the hsurance requ�emCetB of the fust desd ot trust or mortgage shaD be suNicien!to satisty �,:" � ., .
<br /> ' ,=--� tne requuements of this paregrapA 3 ro�ting to msursnca :� � ` ��>
<br /> _ . .-i•=r.�^"'"',T'' �.;j<• . ' ---
<br /> -- Trustor sha11 prompty repatr and reptace the Tnist Estate or 8ny parl ther8af so that.eurePt tor ord3mcY weas end ts8t.the Tnis!Estate ..=� ;_
<br /> � ` sAail not deteriorate. tn no eveni st�sH the Trustor commft wasLe on or to the Trust Estate,or eomrteil,suNer or Derm3 any act to be done in n •; . °r-,. •. .
<br /> or upon the Trust Estata in viotatlon of any law, ard'mance or regutation.Trusior shaU pay and promptlyr discharge at Trustors cost and � • _
<br /> �t, expense aU liens.encumDrances and charges levfe0.�posed ar s�sessed against the Trust Esmte or any pa*t Mereaf. , -
<br /> � ` " 4. Actions ANec4ing Trust Estate. TNStor shad 8ppe3r (ri ettd COntest 8ny aCtiOn or aroceeding purpoRing to BNeCt the � � `� .`'
<br /> : ,.K� ,:, ,_ �_ � •f'
<br /> ' � t�' Securityr he�eot ot the tights or pawers of Beneficiary or Trustee,end shetl pay aU costs end expenses,fncdQing Cost of evtdenee o!td►e _
<br /> ;"_ ' = and attomeys'fees. in any such acHon or proceeding in whfcb Beneflcieryt or TrusteB maY aPPear tt Trustor ta0s to make anY GaYment or.to v� . , i-�::=_
<br /> ' ? do any act as aed in the manner provTQeu ir�eny ot the Loan Inst►uments,BBneAeiary and/or Tnisiee,eaCf��n theU own dislxeUon,wBhout . : ""-z--:
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<br />- , ' ��:f obGgatian sa to Qo and withhout noties to or dertrand upon Tnutw end wahout releastng Trustar irom any obfigatton,may make or do Ne �j`:ti.:��� __ -.
<br />- •�: sams in such manner and to such mdent as efther may Qesrn necessery w protect the secu�y hereof. Trustot ShaU, hmnediatety uDan' . 4 =_-_
<br />� � Eemand theretar by Benefic{ary, pay a0 costs and e�enses incurred by Beneftctary in connectton wdh the exerCise by B�eIIciary ot the , ` •�' `_�
<br /> . � . '. € To�egofig rtghts.inch�ding w�Thout fanRatton costs ot evidence of tide.cauR costs.eDD►aisets.sunreYS end attomays'fees. '` ;;:
<br />` ,�` 5. Emirtent Domatn. It the Trust ESffita, Or 6ny part thereof or Interest thereln, be taken Ot demaged by reesan of 8ny pubfiC ` '� __""
<br /> � 6npmvement or condemnation proceed�ng.or in anY oMer menner inciuding dee0 in lieu thereof('Condemnatlon•), or if T�ustor receiv9s any �� `��
<br /> '•` -- �• rtotice or other infortnatlon drt�g such proceedm ,TncsMr sAali giw prompi written notice thereaf to Benefieiary.Tn�st�shall be ent�led , ..
<br /> regar 9 � a{'�=
<br /> to aU compensation,awards and other payments or reliet thereof and shail6e entitted at its opt►an to commence,appear u�artd prosecute�n " �'� . �` ��:$•�_
<br /> • its own name eny action or proceedings.Tnistor shaii a4so be entftted to make 8ny compromise ar settlement In conneCdnn with such tak(ng .
<br /> � � � "�� . or damage. �- � �`'_-
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<br /> - - . 6. Appotniment of SuecesEar Trustee. eenenctary may. hom tame ta �tme, ey a wriaen �nsaumen: mcecuced and �"°`'" `�"`���4�
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<br /> acknowiedged by Beneficiary,mailed to Trustor end recorded tn the County in whfcA the Trt,st Estate Is located and by oiherwtse Complytng •';�:��"°
<br /> � • . w�Tt►the pmvisfons of the apptkaal�le taw of the Stefe of Nebraska substHute a sutxessor or successors to tha Tiustee narae0 Rerein or " ! ��_
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<br /> actht8 hereundet. � '-i;r�,_-
<br /> ' � 7. SUCCESSOfS S/Itl �Igi18.ThLs Seeond �eed of Trust apD�to, inures to the bene�R ot and binds all partes hereto.thetr • ___
<br /> hetrs, tegatees, dev[sees, pe�sonai representaWes, successors anA assigns.The tertn'8eneficiary' shaQ mean the owner and holder ot any •�'���'
<br /> �:..' •, ';:��-:
<br /> � � . � promissory note given ro beneflclary, (whett�er or not name0 as Beneflciary hereln]. _..
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<br />. 8. Merger, ConsotidaUon, S8188 Of LeBSE°&Trustor covenants that Trustor wiil not sell, lesse or otherw(se dispose ot eny � _ ��� i"?!�`�
<br /> � � ot the Trust Estate.tn the event that Trustor s9ils,teases or atherwtse disposes of any paA ot Me Trust Estate,8ern�iary maY at its opUon .�. :� ._:':�_
<br /> � Qectare the indebtedness secured hereby immeCiatey due end payabte, whether or not any detaurt �ists- Heneticiary shaU consent to e ,, �•. �"'�
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<br /> '•� � Vansier ot the Trust Estate to a third paRy to M8 extent sueh thtrd party moets the requirements contained In,and assumes the obltgaUons � •-,*°�:=_
<br /> set torth in tfie Fust Deed af Trus4 The covensnts contained hereln shall run witA the Property and shaU rematn in tu0 torCe and ettect unUl �;:�
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<br /> the IndebteQness is P�d in lutb . � — __
<br /> � � 9. EVeQtB Ot O@f8U1�.My of the(ollawing events sha0 be deemed en event of defautt hereunder. =
<br /> (a) defauft shail be ma0e in the payment of the EnQebteQness or eny other sum Secured hereby wAen due; � '�� �••�• �
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<br /> (b) Trustor shalt pedorm eny act in bankruptcy;or � =.,.,��.�'
<br /> •• . ''� (c) a cOUR of competent jurisdfction Shall enter an orQer,juQgment or decree approving a petftion fitea aga�st Trustor Seeking any ,�.
<br /> _. ., . .j reorganimUon, dissotution or simitar re11ef urtder any present or tuNre tederal, state or other 5tatut9, lew or regutation reiating to • . . ` _
<br /> � bankruptcy, insolvency or other rellef tor debtots, and SuCh order, judgment ar deCree Shell rema� umacated and unsiayed for an
<br /> • � � aggregate of sbcty (60) days (whether or not aonseeut i ve) i rom t he f Us t d a te o f e n t ry t h e r e o f; o o a n y a u s t e 9,r e c e i v e r o r O q u i Q a t o r o r .
<br /> Trusto� or of all or any part ot the Tmst Estat9, ot of eny or all o}ihe royafties, cevenues, rents, issues or prot�s Meteof, sha0 be . ,
<br /> ' appainted without the consent or acqutescence of Trustor and such appo�ntment shall remain unvaceted and unstayed tor an aggregate .�� : ..
<br /> � ' �. ot sbcty(60)days(whether or not consecutWe};or ' .
<br /> ..f�. � F193a0.LMP(�l87) Pape?of� . . •.
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