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<br /> ' . ' 2. Taxes. Trustor shait pay each instaliment of aU taues and special assessments o(every kind, now or hereafier ' � �:,.
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<br /> levisd against the Trust Estate or any part thereof, bafore dalinquency, without notice or demand. _
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<br /> 3, /nsur�nee end ReFalra. Trustor shall maintein iire arsd extended covere98 lnsurance insuring the tmprovements ... �
<br /> consNtuting part ot the Trust Estate for such amounts ae�d on such terms reasonabty satisiactory to Beneticiary. So tong as the �
<br /> propertY is secured by a first deed of trusY or mortgage, compliance with the insuranca requiremsnts ot the first deed of trust o► : .� ` �
<br /> mortgage shall 6e sufficient to satisfy the re4uirements of this paragraph 3 relating to insurance. / _
<br />-' wear and tear, � . � '�
<br /> � Trustor shall promptly repair and reylace the Trus4 Estate ar any p�K 2t►ereof so that, except for ordinary _-
<br /> ithe Trust Estate shali not deteriorate. In no event shall the Trustor commit waste an or to tfie 7rust Estate,or commit,suifer or
<br /> t permit a�y act to be done in at upon the Trust Estate in violadon of any law,ordinance or regulation. Trustor shall pay and prompdy f ; Y'
<br /> � discharge at Yrustor's cest and exDense all liens,encumbrances and charges lavied,imposed or assessed against the Trust Estate l'
<br /> � or any part thereof. � • . - - _
<br /> , �i 4. ActlonsANecting Tiust Estete. Trustar shall apRear in and contest any action or proceedinp purporting to affect • , .., �v--
<br /> '��1 the securitY hereof or the rignts or powers of Beneficiary or Trustee,and shall pay ail costs and expenses,including cost of evidence . ; ;:.a__`-�--
<br /> � of btte and attomeys'iees.in a�y such aation arbraceedin0 in which Bene4fciary or Trustee may appear. If Trustor faits to make ,
<br /> `� any payment or to do any act as and fn the manner provideA in any of the Laan Instruments, Beneficiary and/or Trustee,each in . ,��T`�=
<br /> ,:;. their own discretion,without obligation so to do and without notice to or demand upon Trustor and without reieasing Trustor irom i �
<br /> i an obli ation, may make or do tha same in such manner and to such exteat as either may deem necessary to protect ths security �,.��;�..
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<br /> he►eof. Trustar shall, immedtately upon demand tfierefor by Beneficiary, pay al!costs and expenses incurred by Beneficiary in �,�,
<br /> �.`� cannectlon with the exercise by Beneficiary of the toregoing rights,including withflut limitation costs oi evidence ot titte, court .. �:,�-_ _
<br /> � costs,appraisals, surveys and attomeys' fees. ' ` y
<br /> -� 1 g. Emlrrarrt pamaln. If the Trust Estate,or any part thereot o�interest therein, be Yaken or damaged by reason of - - ,_�-
<br /> any pubiic improvement or condemnation proceeding, or in any other manner i�ciuding deed in Iieu thereof("Condemnatton'1, or � _ .�. . :.
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<br /> if Tnutor rece�ves any notice or other infartnation regar�ang such proceeding, Trustor shali give prampt written noUCe thereof to _
<br /> � � Benefciary. Trustot shail be entitled to alt compensation,awards and other payments ar relief thereof and shall be entitled at its �"+�;
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<br />� -�:� option to commence, appear in and orosecute in its own name any action or proceedings. Trustor shall also be entitled to make �_�_
<br /> . -i arry compromise or semement in connection with such taking or damage. „ L__
<br /> t g. Appolntment ol Successa�'iustea. Beneficiary may,from time to time,by a written instrument executed and ;�; '.
<br /> actueowledged by Beneticiary, maited to Trustor and recorded in the Courtry in which the Trust Estate is iocated and by otharv+rise :., _ `• r . :�f�
<br /> � ,� ' ,�.�k�_.��,!�
<br /> compfying witt�the provisions of the appUpbte lainr oi the State of Nebrasica substitute a successor or successors to the Trustee .� ._�
<br /> � named herein ar acting hereunder. ` � "�'-"��,
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<br /> 7. Successo�s endAssigns. This Second�eed of Trust appties to,inures to the benefit oi and binds ail parties hereto. ,;,l� :' •� , -y�
<br /> � u`��r heirs,Iegatees,devisees,personal representatives, successors and assigns• The term'Beneficiary'shall mean the owner and • +`.' .
<br /> holder of amr promissory note qiven to beneficiary. IWhether or not named as Bensficiary herein�. _ � :; ,, ,
<br /> •{ •. ,..,,,. .
<br /> �= g, Nlergor, ConsolJdation, Safes or leases. Trustor covenants thet Trustot wlil not sell,lease o�otherwise dispose � � . �-•.,_,,,
<br /> of any oi the Trust Estate. In the event that Trustar selts,Ieases or otherwise disposes of any paR oi the Trust Estate,Beneficlary ,,,,..,,..,��.,__T
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<br /> may at Its aPtioo dectare the Indebtedness secured hereby immediatefy due and payabte, whether or not any default exists. .�., , ��.;.
<br /> Beneficiary shall consent to a transter oi the Trust Estate to a third party to the extent such third party meets the requi�ements _;�• �>��.w.-
<br /> coniaine d in,an d assumes the oblipations set torth in the First Deed oi Trust. The covenants contained hareia shatl nm�vith the � R�r.:.�._
<br /> •:..'( Property and sha0 remain in 1uH torce and e=fect untit the Indebtedness is paid in full. �
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<br /> • r g. Events ot Default. Any of the tollowtng events sha11 be deemed an event of detautt hereunder: �
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<br /> '•� la) detauit shall be ma de in the pa yment of the Indebtedness ar any other sum secured hereby when due; _ _ -
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<br /> �; �b) Trustor shail perform any act in bankruptcy; or �
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<br /> � (�) a c�urt of competent iurisdiction shail enter an order,judgment or decree approving a petition tiied against ��
<br /> ,� s Trustor seeking any reorganization, d�ssotution or similar rettet under any aresent or tuture federal,state ar other statute, '•'"'
<br /> law or reputatlon relating to bankruptcy, insobency or other relief iot debtors,and such order, judgment or decree shafl �-.x,�;,,,�,y;�.,;�.�,;: •�_.-.
<br /> ; remain unvaeated and unstayed for anaggregate o1 sixty(60)days(whether or not conseeutive)irom the tirstdate at entry ttl� �._.-��++�►��..
<br /> • s thereof;or any trustee, receiver or tlquldator ar Trustor or oi atl or any part of the Tnest Estate,ar ot any or a[!09 the ._ . . . . _.. . ;�,
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<br /> royatties,revenues,rents,issuss or profits thereof,shalt be appointed without the consent or acquiescence of Trustor and ,:���{�x
<br /> such appointment shail remain unvacated and unstayed for an aggregate e4 sixty(601 days twhether ar not consecutivel: ...,�__ .�"�."'
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