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06--09-1998 DEED OF TRUST Page 3 <br />f_oa;,r. Flo •760347 (Continued, .�$-:- 1,05829 <br />based on Trustrti's due d?igence In Irvestigtitting the Properly for hazardous waste anti hazardo:its substary.•es. Trt,°Stor hereby (a) releasers and <br />waives any futuro claims against Lender for indemnity or contrtution in the event Trustor becomes gable for dearup or other costs under any <br />such hews, wId (b) agrees to indemnify and hold harmless. Lender against any and eg claims, losses. FabMAs, damages, penalties, and <br />expensms which Lender may titre# fly or indi -ocLy sustain or suffer rosining from a breach of this section of th;e tweed of Trust or as a <br />consequence of any uso, generation, manufactwo, storage, disposal, release of threatened release of a ha.'ardous wade or substance on the <br />propedies. The? provisions of this section of the Geed of Trust, Including fhn obligs,tion to indemnity, shag stn" the paymoint of the <br />Indebtednoss and the satisfaction and mconveyence of the Gen of this Deed at Trust and shag not be c'feetsd by Lrrder's acqulsf'ion of any <br />intermit in the Property, whether by forectotn re or otherwlw <br />Nolsence, Waste. Trustor shall not cause, conduct or permit any ntsisanre nor commit, permit, or suffer any stripping of or waste on or to the <br />Proa .pity ;rr any portion of the Prcperty. Without Gmi_irrg they generaiity, of the foregoing. Trustor will not remove, or grant to any other parry the <br />rlghl ,) remo'm, any timber, minerai s (Including oil and gas), so,9, gravel or rock products without the prior written consent of Lender. <br />Remo%rt.J of Improvements. Trtrstor shall not demotish or remove any Improvements from the Real Property without the prior written consent <br />of Lender. As a condition to the removal of any Improvements, lender may require Trustor to make arrangements satisfactory to Lender to <br />molece such Improvements with Improvements of at least egtml vatuo. <br />Lender's Right to Enter. Lender and its agents and roprosertatives may enter upon the Real Property at all reasonable times to attend to <br />Lender's inlaroste and to Inspect the Property for purposes of Truslor's cornpllanre with the terms and conditions of this peed of Trust. <br />Compltanrwe with Governmental Requirements. Trustor shag prornVtly comply with all laws, ordinances. and regutalbr+s, now or hereafter In <br />effect, of an governmental euthoritiers applicable to the use or occupancy of the Property. Trustor may contest in good faith any such law, <br />ordinance, or rep-,rtation and withhold compliance during any procoodtV, Ineluc'Png appropriate appeals, so long as T•uslor has nottw Lender <br />in writing prior to doing so and so long as, !n Lender's sole opinion, Lender's Interests in the Property are not jeoperdizol. Lender may rrlrtdre <br />Trustor to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lender's interest. <br />Duty to Protect: Trustor agrees netlher to abandon nor leave unattended tT,e Properly. Trustor shag do all other acts. In addition to those acts <br />0 forth ribom in Inds section, which from the character and use of the Properly are reasonably necessary to protect and preserve the Property. <br />DUE ON SALE - CONSENT BY LENDER, Lender may, at its option, declare Immed'Iately due and payable all sums secured by this Deed of Trust <br />apon the sale cx transfer, wtlhoul the Lendees prior written consent, of AN or any part of the Real Property, or any interest In the Real P.oparty. A <br />"sate or trans!or' means thn conveyance of Rent Property or any right. title or interest therein; whether legal, beneficial or k%quftable; whether voluntary <br />or involuntary; whtll+.w by outright sale. deed, irstallmenl sale contract, land contract, contract for deed, leasehold Interest with a tam greater than <br />twee (3) years, lease- option contract, or by sale, assignment, or transfer of any beneficial Interest in or to any land tnml hokong "a to the Real <br />Property, or by any other method of comr`syance of Real Property interest. If any Trustor 1s a corporation, partnership or grilled lability company, <br />lrans!4r also Include -t any change In overwship of more than twenty —five percent (25%) of lire voting stock. partnership interests or limileld lability <br />:ompany irteres!s, as th+, rase may be, of Trustor. However, this option shag not be exercised by Lender 0 such exercise Is prohlb"ed by Worst <br />law of by NebrASka taw <br />TAXES AND LIENS. Tho !oilov0fig provisions totaling to the taxes and gars on the Property are a part of this Load of Trust. <br />Pryment_ Trtl5tor shall pay when due (and In all events prior to delinquency) ail taxes, special taxes, a!sessments, chanties (Including wt.. ter. <br />anti ;ewer). ^rerz and Impositions leevied. against or on account of the Property, and shag pay when due all claims for work done on or to; <br />%n t� cp5 rrenderred or malerial furnished to the Property. Trturstor shag maintain the Property free of all Pens having prlcirlty over or equal tc the <br />interTsl of Lander under this Deed of I-rust, except for the Pen of taxes and assessments not due and except as otherwise pruvided in tl ,; Over. <br />of lfjM. <br />Rlgh', To Contest. Tr,jg19r may w6lhhold payment of any tax, assbssment, or claim in connection with a good faith d'spute over the c ;;anon <br />!c pay, so ion; w; Lerdse's intern l in they Property is not jeoparidlz96 If a lien arises or is Ned as a result of nonpay, "nil. Trtrsirr s''4s I within <br />( 15) drtys artier the iier. antes or, it a lien Is filed, within fifteen (15) days alter Trustor has notice of the filing, y,acibe the sC'' t y of tt e <br />;reel, n, i' rnaue ^!ci by Lender, deponil �.-Mh Londe( cash or a sufflclont corporate surety bond or other security s&'r.i.,clor% ,o r' a ,• it ran <br />q- r,•,nf Wflea ;Wirt to dischsi rgn tP +o !i ®n plug any costs and attorneys' furs or other charges that could accrue as a res i .f r r (0 is titre .; "do <br />,)n.lnr tt'o r,nn. F� any ccr*nf, T'nAlrx shntl defend Itself and Lander and shelf %4001 any adverse judgment beelm a forcArmen' ci;a ";1 ,4 <br />t >rcnar?y 'ri; ne !hail n,3mi Lp-ler as an ndditlomil obr+Q►ro under any surely bond furnished In the contest proceedtr,•;:; <br />Evid!ence of P-zement. Trtntor ,hall upon Jomand furnish to Lender a' nfactory evidence of paynsant of the taxe9 of aisessrnanls .1nr, sherd <br />;t_if? 6:9 r:•n irjw,pnnlos govnrrmontal olIVIal to doliver to Lender at any three a wrlllen statement of the taxes and assessmento art}air4;t1 the <br />AP 7ttrn of Conrytrurtlpn, ft—.tor ",hr.►!i noti!y, l.eerrtjrx at te.asI frtteeen ,I r>) days before any work is commenced, any services are furnished, or any <br />FmOvir¢!; rerLa suppilrmd to the PftV0r1y, if any mochanIc*01 iron, maftrtalmon's Caen, or other lion could ba assorted on o"ount of the warl,, <br />ire, :, r;r rnitiwdr.4trs T'rustor wil! uuowr recj r;"t of Lender furnish to Dander Advanco assurances satisfactory to Lender that Trustor can and wait <br />pay thr3 r rri of ,t,r, `; wn)rove rnernts, <br />PnOPERTY DAMAGE INSURANCE. The follovring provisions relating to Insuring the Property we a part of this Deed of Trust <br />PRsinitrinnre of innaf,mCe!. Trws tow shoi9 pfncurn and maintain policies of Ara insurance with standard extended roveiage enf}cxserncrnts an a <br />re?�)lrrn•rnnt ?tin ^ >r yor lbp full in :trroble vattra cnvrlririg roll Improvr4r, .vnis on the Real Property In an amount sutfkieent to avoid application of arnv <br />rr;in,t,unrrrr+ r!au <a, and with n standard morlgageo time to favor of Lender, tothnlhor with such other hazard and Nab!Nty Ir,srrance as r_Qnm, <br />n;4 rXS.a'On fly fpquUrp, t1o11CWr *,hats bn w0inn fn form, amounts, covorages and basis reasonably Acceptable to lender and Isxued bur •► <br />company Or rorrranwt., r,nwnnnbly ncr.Fptnhln in Lftnder, Trustr.-r, upon requerst of Lendw, Will deliver to UhAdeer from It" to time the policfrr, <br />cf trrttufrimre in lon;,, .•..Orf we icry to t..nndrrr, lrw tudl ig &0001-1t4cns ihnt c0vill ilg" VAII not be can, -O"d or dirnini,hed without trt <br />�r E�7 n f 101 rt,sy ' rr +,rye " „vnf;rrn ant ccr to l..<>+ttie+r. Path Inseurarico polir� Win 04111 Include an ondomerv+ont provl(p; g IhAI coverage In favor car <br />i nnd1w Wilt r of err,, impnifed in carry wsly ?)y any #4171, omi,'sgion or dofault 01 •Rueter Or any oth” p[rrson. Should ►her A"Al Ptcep44rty lit crny lorw <br />t, r_o tin Icr«Slod !r; nr) iirna r rn tg ^aired by ih;r Dirc -,!or of the l oderal Crrerge+ncy Management Agency as a Vodal flood hazard stem. TrtmlM <br />8,;,rae#as to cA,!f +n wid maintain f ndr+#t#I ric>orl IrtstseltrT'A for the free i mpold principai balance of the 400n, up to trio maxlmurn pocky gram% amt <br />under this A. Donal Flood Irnrrennce PrWilm, of As 0010rw104 requlred by Lander, and to maintain suet► lr"uranco fcrr the farm of the Iefan. <br />Apoiceflen of trrarrrerrfs. Tnrrtot OW prr>n/pdv nottly Lrandw of any loam or damep4 to the Ptnpusiy. London niny make proof of beef l+'rrr,Frtcv <br />u -thin went," Orii (mesa of tt+eo r.raalrzafly. wf,rrtht#t ty# not 1.dtnriirr", IN*wlty M impr¢tWI, Lmnrtrtr may, at It^i nl#K- ion, rvro?ve anti rr•,wfi <br />rr Vrocti *Mdn crt nnr Ir1,1W,Ar,r.0 and nppty they proctfor+, to 1116 rpd%riinn of Ihn indablOCIVOCN, payment of any Isere alfprtir,g the prrMe,rty, ca In•n <br />,try 3?rt7 *t nrrti #kit "�4e!r nil Ili +ry F "ref 4rty, !f t.,Oridor er!Vr*i to Apply thn ll"W4 +Will TO apt IM0110n and rerPRk, imAlor shag rtpMk (err rnpler?4 they <br />dar~iAejore 'r 6- fraywtf Irnrurr]vnrrrernlz in A manner wtsfptfoiy its I,endet. t nndar ithatl, upon sattsferinry woof of aura urpnnrfrtturo, pay rx <br />