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<br /> 1 2. Tixss. Trustor sna►1 peV each inst311men4 af all taxea and speCial assessments af every kind,naw or hereaftar -,
<br /> ;� levied apa�n�t the Truat Estate or any pert theraof, nefore dellnquency, wuhout nqtice or oemand.
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<br /> �� . 3. . /rnrrorrC�and R�puis Tnutor shali ma�ntain fire and axtended coveraqe Insurance insuring the improvements
<br /> � constltudng part of the Truat Estate tar such amounts and o� such terms reasonably sarisfactory to�eneficiaN. So lunp as t�e �
<br /> `� PropnRy Is secured bY a firyt deed of trust ot maRaaqe, compliance wlth the Insuranca requirements of the firs4 doed oi truse oP ,.�
<br /> mortpape shell be sufficlent to satisfy the requirementa of thia paraqreph 3 relatinp to Insurence. �
<br /> �� � f� Trustar shall promptty repair and replace the Tn,ist Estate ar any part triereof sa that, except far ardtnary wear and tear. Q
<br /> ,�� the Trust Estate shalt not de�eriorace. In no event snall the 1'ruator commit waste on ar to the Trwt E�tate,or commit,suNer ar M,
<br /> __ � permit any aCt to he done in nr upon the Trust Estate In vialadon of any law,ordtnance or requletion. Trustor shall pay and pramptly 0
<br /> ,� dlscharQe at Tru�tnr's cost and expense a71 Iteru,encumnrances and charges levind.imposed or assessed against the Trust F.state (�
<br /> ar any part the�eof. C'i �
<br /> � 4. Aatlarr�AK�cffny T�urt fsttt�. Trustor shali appear in aad corrcest any action or procaedinq purportlnfl to affect �_.-
<br /> � ~., the secwity hsreot ur the riphts ur pawers of 8eneftciary ar Trustee, and shall pay all costs a�d axpenses.Including cnst of evidencs =�-
<br /> . of tiUe and attosneys'fees,(r+any such aeiion ur proceadinp in wnich BencMdary ar Trustee may appear. (t Trustar faila to m�fce �_
<br />_ " ,, :r any pa�yment or ta do any act aa and in the manner provided in any of the Loan Instrumsnts. BeneNciary and/er Trustee,each(n _�
<br /> - their own�isctettnn. without abliyatian sa to da and witheut�otice to or demand upon Trustor and withaut releasing Trustar from �,_
<br /> any oblip�tion, may make or do the same in such manner and ta such extent as eitt�er may deem necessuy to protect tfie sacurity �
<br /> , ;-R:.- z hereef. Trustor shall, Immedlataly upen demand thernfer by 8enefictary,pay aU costs and eacpenses incurted by Benefiaary In r -
<br /> ennnectlon with tfie exercise by Beneflciary of the faregotng ri�hts, includfng withnut Itmitatian costs of evtdence ot t3Ue,court
<br /> _ � ; q.,- � costs,apprafaals. surveys and attomeys' fees. • �.
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<br /> 6. Emin�nt Doma/n. If the Trust Estate, or any part thereaf or interest therofn, be takan or damaged by reason of �,.
<br /> � `�':" + any public improvement ar cnndemnation proceeding, or in any other manner includtnp deed in Iteu theraof('Candemnation"1, ar
<br /> "��.��" � if 7rustor recelves any nodce or other infortnation reqardtnq such proceedlnq, Trustar shall give prompt w�itten noACe thereof to
<br />,;,. �.;;. Beneftciary. Trustor shall he entided to alt compensadon, awards and ather payments or rel�et tnereof and shall ba emitled at fts °
<br /> _ _.�;�;,� opiiun ta commn�ce, apqear in and orasenute in its own name any action or proceedings. Trustor shall also be entitied to make
<br /> �ry,�.•_�r�� an}e compramise or settlement in cannes:iion with sucn taking or damaga.
<br /> .'�;_�� ... 8. Appotn[meni o!Sueaassar Tiusfes. Benetietary may, fram time to time, by a wnRen�nstrument oxecuced ana
<br />-,�N�;u' •. acknowledged by 8aneficiary, ma�lea �o Trustor ana recordnd in cne County in whicn the Trust Estate�s Iocatea antl by othervvfse
<br /> ;i�;�•� . complying with trie provisions of tne aopUcable iew at the State of Nenraaka substitute a successor or succassors to the Trustee
<br />-�,."�'� namad herein or actin4 herauntler.
<br /> � 7. Successas aadAsslgrr�. This Sacond Oeed of 7rust applles to,inu�es ta the benefit of and binds all paRies herem,
<br /> �.�� their heirs,logatees, devisees,persanai reprostntatives, succassors and assigns. The term"8eneflciary"shall mean the owner and
<br /> ,._..�._ • holder of any promissory note given ,o beneficiery, iwhetner or not narned as Beneflclary hereinl.
<br /> - «� ' 8, Ill�ig�r, CansaUdarlon, SaNs a L�uis. Trustcr covenants that Trustar wilt not sell, lease or otherwise dtspose
<br /> "_-� of any of Me Trust Estate. In the event that Trustor setls,leases or otherwise disposes af any part of the Trust F.state.Deneftciary
<br /> _ 9"�� may at Its option declare the Indebtedness securod hereby lmmedtately due and payable, whether or not any defa�lt exlsts.
<br /> 8e�eticiary shall consent to a ttansfer of the Trust Estate to a third peRy to the extent such Mlyd party meets the requEremeMs
<br /> ��"�— ` contained in,and assumes the obliparoions set fortl9 in the First Deed ot Trust. The covenancs canrainad herein shafl run with the
<br /> M�� `•;L�raperty and shall re��ain in full•force and effect u�til the Indebtedness is paid in full.
<br /> ' 9. Eva,xs ot O�faul� Any of the follawing ave�ts shall be deemed an event ot defauli hereunder.
<br /> - ---_— Ial default shBJl ha made tn tR�e payment of tho Indebtedness ot arry other sum secured hereby when due:
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<br /> --- (b► Truscor shall perfarm any act in hankruptcy; or
<br /> ""�'�"'°—'� (�� a court ot compr�tant Jurisdtccton shall entnr an erder.judamem or dacree apprav(np a petftlon fited agalnst
<br /> --- 7rustar seeking any rearganization, dissalutlan ar similar reltef under any proseot or tuture fedePal�state or other statute. __
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