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DEED OF TRUST � 0�. 2 018 8'7 <br />Loan No: 524517 (Continued) Page 2 <br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance <br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or <br />threatened litigation or claims of any kind by any person relating to such matters; and 13) Except es previously <br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other <br />authorized user of the Property shell use, generate, manufacture, store, treat, dispose of or release any Hezardous <br />Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with <br />all applicable federal, state, and local laws, regulations and ordinances, including without limitetion all <br />Environmental Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such <br />inspections and tests, at Trustor's expense, es Lender may deem appropriate to determine compliance of the <br />Property with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's <br />purposes only and shall not be construed to create any responsibility or IiebiUty on the part of Lender to Trustor or <br />to eny other person. The representetions and warranties contained herein are based on Trustor's due diligence in <br />Investlgating the Property for Hazerdous Substancea. Trustor hereby (1) releases and waives any future clalms <br />ageinst Lender for indemnity or contribution in the event Trustor becomes liable for cleanup or other costs under <br />any such laws; and (2) agrees to ind�mnify, defend, and hold harmless Lender against any and all claims, losses, <br />liabilities, damages, penelties, and expenses which Lender may directly or indirectly sustein or suffer resulting from <br />a breach of this section of the Deed of Trust or as a consequence of any use, generation, menufacture, storage, <br />disposal, release or threatened release occurring prior to Trustor's ownership or interest�in the Property, whether or <br />not the same was or should have been known to Trustor. The provisions of this section of the Deed of Trust, <br />fncluding the obligation to indemnify and defend, shall survive the peyment of the Indebtedness end the satisfaction <br />and reconveyance of the lien of this Deed of Trust and shall not be affected by Lender's acquisition of any interest <br />in the Property, whether by toreclosure or otherwise. <br />Nulsance, Waste. Trustor shall not cause, conduct or permit eny nuisance nor commit, permit, or suffer any <br />stripping of or waste on or to the Property or any portion of the Properry. Without limiting the generality of the <br />foregoing, Trustor will not remove, or grent to any other party the right to remove, eny timber, minerais (including <br />oil and gas►, coal, ciay, scoria, soil, gravel or rock products without Lender's prior written consent. <br />Removal of Improvemerrts. Trustor shaii not demolish or remove any Improvements from the Real Property without <br />Lender's prior written consent. As a condition to the removel of any Improvements, Lender may require Trustor to <br />make arrangements satisfactory ta Lender to replace such Improvements with Improvements of at least equal <br />value. <br />Lender'a Rtght to Enter. Lender and Lender's agents and representatives mey ente� upon the Real Property at all <br />reasonable times to ettend to Lender's interests and to inspect the Real Property for purposes of Trustor's <br />complience with the terms and conditions of this Deed of Trust. <br />Complience wkh Governmental Requiremerrts. Trustor ahell promptly comply with all laws, ordinances, and <br />regulations, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the <br />Property, including without limitation, the Americens With Disabilities Act. Trustor may contest in good faith any <br />such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate eppeals, <br />so long es Trustor has notified Lender in writing prior to doing so and so long es, in Lender's sole opinion, Lender's <br />interests in the Property ere not jeopardized. Lender may require Trustor to post adequate security or e surety <br />bond, reasonably satisfactory to Lender, to protect Lender's interest. <br />Duty to Protect. Trustor agrees neither to ebendon or leave unattended the Property. Trustor shall do all other <br />acts, in addition to thoae acts set forth above in this section, which ftom the charecter and use of the Property are <br />reasonably necessary to protect and preserve the Property. <br />DUE •ON SALE - CONSENT BY LENDER. Lender may, at Lender's option, declare immediately due and payeble all sums <br />secured by this Deed of Trust upon the sale or transfer, without Lender's prior written consent, of all or any part of the <br />Real Property, or any interest in the Real Property. A°sale or transfer° means the conveyance of Real Property or any <br />right, title or interest in the Real Property; whether legal, beneficial or equiteble; whether voluntery or involuntary; <br />whether by outright sale, deed, installment sale contract, land contract, contrect for deed, leasehold interest with a <br />term greater than three (3) years, lease-option contract, or by sale, essignment, or transfer of any beneficial interest in <br />or to any land trust holding title to the Real Property, or by eny other method of conveyance of an interest in the Real <br />Property. However, this option shell not be exerclsed by Lender if such exercise fs prohibited by federal law or by <br />Nebraska law. <br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are part of this Deed of <br />Trust: <br />Peyment. Trustor shall pay when due (and in all events prior to delinquency) all taxes, special taxes, essessments, <br />charges (including water and sewer), fines and impositions levied against or on account ot the Property, and shall <br />pay when due all claims for work done on or for services rendered or material turnished to the Properry. Trustor <br />shall maintein the Property free of all liens having priority over or equal to the interest of Lender under this Deed of <br />Trust, except for the lien of texes and assessments not due and except as otherwise provided in this Deed of <br />Trust. <br />Right to Contest. Trustor may withhold payment of any tax, assessment, or claim in connection with a good faith <br />• dispute over the obligation to pey, so long as Lender's interest in the Property is not jeopardized. If e Ilen arises or <br />is filed as a result of nonpeyment, Trustor shall within fifteen (15) deys after the lien arises or, if a lien is filed, <br />within fifteen (16) days after Trustor has notice of the filing, secure the discharge of the lien, or if requested by <br />Lender; deposit with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender in an <br />emount sufficient to discherge the lien plus any costs and attorneys' fees, or other charges that could accrue as a <br />result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself and Lender and shall satisfy <br />any adverse judgment before enforcement agalnst the Property. Trustor shell name Lender as an additionel obligee <br />under any surety bond furniahed In the contest proceedings. <br />Evidence of Payment. Trustor shall upon demand furnish to Lender satisfactory evidence of payment of the texes <br />or assessments and shall authorize the appropriate governmental official to deliver to Lender at any time a written <br />statement of the texes end assessments against the Property. <br />Notice of Construction. Trustor shall notify Lender et least fifteen (15) days before eny work is commenced, any <br />services ere furnished, or any materials are supplied to the Property, if any mechenic's lien, materialmen's lien, or <br />other Ifen could be esserted on account of the work, services, or materiels. Trustor will upon request ot Lender <br />furnish to Lender advance assurances satisfactory to Lender that Trustor can and will pay the cost of such <br />improvements. <br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are e part of this Deed of <br />Trust. <br />Malrrtenance of Insuranca. Trustor shall procure and maintain policies of fire Insurance with standard extended <br />coverage endorsements on a fair value basis for the full insurable value covering all Improvements on the Real <br />Property in an amount sufficient to avoid application of any coinsurance clause, and with a standard mortgegee <br />clause in favor of Lender. Trustor shall also procure end maintain comprehensive general liability (nsurance in such <br />coverage amounts as Lender may request with Trustee end Lender being named es additionel insureds in such ' <br />