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<br /> • �� �; �To Protect We Security o!thts Second Deed ot Tr�si: � . "
<br /> - .� �` ' 1. Rayment of lndebtednesa rnutor snan aay when aue tne vrtnc�va�oi.and the interest on.crte maeb�eaness en au oiner _``� ( �.
<br /> �.. ` sums as provtded fi the Loan Inswments. • •,
<br /> . ,. . , 2. T8XE8.Trusior sha0 paY eaeh instaLknent ot all ta�es 8nd speciai flssesSmeMS of every ktnd,now or hereafter levled egafnst the
<br /> �s � . Tn,st Esffite or eny Part thereof.Cetore ds�nRuene9.wtthou:notke ar demand , ` ��� .' '
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<br /> 3. IAStlr8ltc@ �Ild Repelte. Tn+stor shali ma�tetn fue and e�Gendsd covera9e tnsurance §�sur�ng t1►s Impro�emattts eons�g . ; _
<br /> - � ' part ot the Trusc Esffite tor sucA amaunts and on such tem�s masonaDty Set(stactory to Beneficiary.So fong es the PropeRy ts s¢cu+ed dY e ��.-F.�'.
<br /> ` . ' � first deed of trust or mortga8e,compllanes wTh tne insurance requtr�emants of the fast Qeed oT uust or mortgaga sAaO be suffia�nt to satisty
<br /> :�:.�;�'r ' �pe�uements ot Mis paragrapn 3 relat�g to e�surance. ._.
<br /> . n Y`- Trustor shau prompUY reAaU and reptace Me Tast Estate or eny p&�t thereof so tt�at.ezeePt tor ordinary wear and teer.the Tnist Estete �. ,s:
<br /> .. r ',.. . ...,
<br /> � � sheU not detariocate.tn no event shaD ths Tcustor comm.R waste on or t o t h e T r u s t E s t a t e.m c o m m d•s�f t e r o r p e rt n ft a n y e e t t o be dane a� '�'° •-
<br /> or upon tha Tnist Fslate� vlolaUon of any Iaw, ortlinance or reguiat[on.Trustor shaB pay and promptN discharge ei Trustors cost and , �,.i��'
<br /> • . . ` e�ense a0 Gens.enCUmbrences end ChaB�tevied.tmAo58d or essessed aQa6tst the Tcust ESffite or any Pett thetBOL :: ....'.' --_. .v:
<br /> , -� •, . ,: ,.,.,.
<br /> � 4. Ae4iona Af�ecting Trust Estate. Trustor sheD apPear In artd contest any actlan or proceedfig purportMg to aftact 1Ae , ' :
<br /> �.•�. security hereof or the dghGs or pawe�s ot Benef�cisry or Trustae,end shall pay aU costs end mcPenses, fnc�ding cost of evidence o!t3� _�,.•
<br /> • � � . � �. and attomeys'fees.tn any such acUon or proceeding u�which Beneficiary Ot Tiustee maY eDPea►•H Ttustor fe�7s W make any paymant or to . . ._•;��`
<br /> ' � `L:, do any act as and in the manner proviQed in eny of the Loan tnsUuments.Beneftciary andlor�Tn�stea.each in thetr own discreUon,wBhout ; .�'`°;-�-�ri;-
<br /> � obfigauon so to do erttl w�hout notice to or Qemand upon Tn,stor and w�1t►aut relaastng Trustor fram eny obtlgation. may maice or do the c?'" : ;s�� �_
<br /> sama 1n such manner end to such extent as ehher may deern necessary to ProteCt ttts secur�yt he[eot Trnstor shaU, immedlffiefy upon -._
<br />",�,,, �, >; demand therefor by Beneflciary, pay aU Costs end w�penses incurted by Benefrciary in connectlan wdh tha exereise by Benefictery of the L
<br /> - , , , roregofng�ghts.incWding without�n�tatian costs of avtdence of tide.couA costs.ePPraLSels.sunraS�and attomeys'fees. , ° . --
<br /> - 5. EmtneM D am a in. It the T(ust E s t a t e. or e n Y P 8 R t heieo! or 6tber6st therefi. be tEtke� or dam888d by re8son of 8ny pubi7c � .
<br /> � � y �4- improvement or ConQemnaUon proceedfng,or in er►Y ether me�ner maludfig 6eed(n Geu thereot('CandemnaUonh,or it Trostot recelues e�Y
<br /> , �z
<br /> ' notice or other intortnaUon regsrdfig such proceedin8.Tnistor shaD give prompt wdtcen notice thereol to 88neficiary.7rustot shsll be entdled �;t�'-.._.
<br /> to all campensaUon,awarQs and other payments or re8sf thereof end shail be entiGed at Rs optien to commenee.appear tn end Drosewte in =_
<br /> ' � , its own name arty actfon or pmceedmgs.Trustor sAall also be entitted to melce any compromise or settiament in connection wfth such takhi9 ; r•�::�y=°
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<br /> ; . - ar dama9a. . -�_�_.-,
<br /> . 6- ApAointment of Successor Trustee. Beneflcfary ma9. trom time to time. by a wrRten insbrument �cecute0 end ..^;�P.-=:
<br /> ' � acknowtoQged hy Benefictary.ma�Ted to Tnutor end recorded in the Counry(n whlcA Ne Trust Estate is toCated and by othetwi5e aompN�B =:_�'
<br /> � wnh tAe provisbns of the appficabte law of the State of IYebreska substltute a suocassor or successors to the Trustee named herein or �._'�,�• •_
<br /> . � acNng hereunder. � �---
<br /> • � 7. SNCCESSOiB 8fid ASSIgtIS.This Second Deed af Tnist applfes te. inures t0 the benefit ot end bind3 ell peRieS hereto.theTr '`"�ISS�:;-
<br /> . hetrs, tegatees.devlsees�Personal repcesentatives,suceessors end ess�8ns•The tertn'Benet�fary' shail mean the owner and hotder ot any ".,���,_,
<br /> � ' : promissory note gNen to benetictEUy.[whether or not namad as Beneflctary hereU]. � �ta ,
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<br /> • . . • Y $. Atierger. Consottdation. 59168 Oi L.E8SB8.Trustor coveneflts that Trustor w�1t not seQ. tease ot othecwise dfspDSe O e�y --�_
<br /> ol the Tnist Estate.In th9 event that Trustor selis,Ieases or otherwise disposes of any paR of the Trust Estate,BeneHclary maY et fts opUon • :
<br /> .�,r. :
<br /> d e c i a r e ihe indebtedrtess seeured hereby immediatey due end payabie, whether or not eny def8utt exlsts• BeneHciarY Shali Con58nt to a ' x.�i;�
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<br /> vensfer of the Tnut Estate to a thtrd partyr to the extent such thtr8 paRy meets the requ hemen t s con t a i n e d i n,a n 0 e s s u m e s t h e o b l�a 8 o n s • • ,. r.�
<br /> • • set torth c� the FUSt Oeea ol Trust.TAe covenants contained herein ShaD run wdh the P�operty 8nd Shafl temain in fu0 force en0 eAect unt� :. �,�:���,
<br />':�.:�. the utdebtedn85s is Paid in full. � �=_
<br /> ' � 9. EVEtltB O!08�8UIt Any ot the fotlow(ng events sha0 be deemed en event o1 QeffiuR hereunder. f„,,f.�:
<br /> � • ' (a) defautt sha0 be made In the payment of the indebtedness or any other sum secured hereby v+�Aen due: , .�`.�.
<br /> ;` , . .�. or • • -
<br /> , (b) TrustOr shsll pertartn eny flCt In banlwptcy:or � � '
<br /> (e) e couR of campetent lurlsdictton shatl enter an order,judgment ot decrea epprevtn8 e petnion filed against Ttustor Seeking anY , _
<br /> ' ' reorganizetion, dlssotution or s(m�tar reliet under any pcesent or n,n,re reae�a►, state or ot�er statuta. (aw or regufatlon re�ting to •� °'
<br /> bankruptcy, InsoNency or othei reilef for debtors, and such order,judgment or dec�ee shatl remaln unvacated and unstayed for an _ %
<br /> ^�-•� • � aggregate ot sixry (60) days (whether or not consecutive) trom the�st date ot entry thereof; or any trustee, receiver or Uquldator or
<br />,..h`�' . . . . ,
<br />�• ' � Trustor or of all or any part of the Trust Estate, or of any or atl of the�oya°Jss, revenues. rents. issues or protits thereaf,shall be ,
<br /> � appointed wfthout the consent or acqulescence of Trostot ana suCh eppointment sh80 remain unvaCated and unstayed for an flggregate �
<br /> , of sixty (60)days(whother or not consecutive);or
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