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<br />Loan No: 101250661
<br />DEED OF TRUST
<br />(Continued)
<br />�0�2o2�.s�.
<br />Page 3
<br />DUE ON SALE - CONSEM' BY LENDER. Lender may, et Lender's option, declare immediately due end payable all sums
<br />secured by this Deed of Trust upon the sale or trensfer, without Lender's prior written consent, of all or any pert 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 inte�est in the Real Property; whether legal, beneficiel or equitable; whether voluntary or involuntery;
<br />whether by outright sale, deed, installment sale contract, lend contract, contrect for deed, leasehold interest with a
<br />term greater than three (3) years, lease-option contrect, or by sele, assignment, or transfer of any beneflcial interest in
<br />or to any lend trust holding title to the Real Property, or by any other method of conveyance of an interest in the Real
<br />Property. If any Trustor is a corporation, pertnership or flmited liability company, transfer also includes any change in
<br />ownership of more then twenty-five percent (25%) of the voting stock, partnership interests or limited liability company
<br />interests, as the case may be, of such Trustor. However, this option shell not be exercised by Lender if such exercise
<br />is prohibited by federal lew or by Nebraska law.
<br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property ere pert of this Deed of
<br />Trust:
<br />Payment. Trustor shall pey when due (and in all events prior to delinquency) all texes, special taxes, assessments,
<br />charges (including water and sewer), fines and imposltions levied against or on account of the Property, and shell
<br />pay when due all claims for work done on or for services rendered or material furnished to the Property. Trustor
<br />shall maintain the Property free of all Ilens having priority over or equal to the interest of Lender under this Deed of
<br />Trust, except for the lien of taxes and essessments not due and except as otherwise provided in this Deed of
<br />Trust.
<br />Right to Contest. Trustor may withhold peyment of any tax, assessment, or claim in connection with e good feith
<br />dispute over the obligation to pay, so long as Lender's interest in the Property is not jeopardized. If a lien arisea or
<br />is filed as a result of nonpayment, Trustor shall within fifteen (15) days after the lien arises or, if a lien is filed,
<br />within fifteen (15) days after Trustor has notice of the filing, secure the discherge of the lien, or if requested by
<br />Lender, deposit with Lender cash or a sufficient corporete surety bond or other security satisfactory to Lender in an
<br />emount sufficient to discharge the Iten plus any costs end attorneys' fees, or other charges that could accrue es a
<br />result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself and Lender and ahall satisfy
<br />any edverse judgment before enforcement egeinst the Property. Trustor shall name Lender as an edditional obligee
<br />under eny surety bond furnished in the contest proceedings.
<br />Evidenca of Payment. Trustor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes
<br />or assessments and shall authorize the appropriate governmentel official to deliver to Lender at any time a written
<br />stetement of the taxes and assessments ageinst the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) deys before any work is commenced, eny
<br />services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or
<br />other lien could be asserted on account of the work, services, or materials. Trustor will upon request of Lender
<br />furnish to Lender advence assurances satisfactory to Lender that Trustor can end will pay the cost of such
<br />improvements.
<br />PROPERTY DAMAGE IIVSURANCE. The following provisions releting to insuring the Property are a pert of this Deed of
<br />Trust.
<br />Meintenance of Insurence. Trustor shall procure and maintain policies of fire insurance with standard extended
<br />coverage endorsements on a fair velue basis for the full insurable value covering all Improvements on the Real
<br />Property in an amount sufficient to avoid applicetion of any coinsurance clause, and with e standard mortgagee
<br />clause in favor of Lender. Trustor shall elso procure and maintain comprehensive general liability insurence in such
<br />coverage amounts as Lender may request with Trustee and Lender being nemed as additionel insureds in such
<br />liabillty insurence policies. Additionally, Trustor shall maintain such other insurance, including but not limited to
<br />hazard, business interruption, and boiler insurence, as Lender may reasonably require. Policies shall be written in
<br />form, amounts, coverages and basis reasonably acceptable to Lender end issued by a company or companies
<br />reasonably acceptable to Lender. Trustor, upon request of Lender, will deliver to Lender from time to time the
<br />policies or certificetes of insurance in form satisfactory to Lender, including stipulations that coverages will not be
<br />cancelled or diminished without et least ten (10) days prior written notice to Lender. Each insurance policy also
<br />shall include an endorsement providing thet coverege in favor of Lender will not be impaired in any way by any ect,
<br />omission or default of Trustor or any other person. Should the Real Property be located in an area designeted by
<br />the Director of the Federal Emergency Manegement Agency as a special flood hazard area, Trustor egrees to obtain
<br />and maintain Federel Flood Insurence, if availeble, for the full unpaid principal balance of the loan and eny prfor
<br />liens on the property securing the loan, up to the meximum policy limits set under the National Flood Insurance
<br />Program, or as otherwise required by Lender, end to meintain such insurance for the term of the loan.
<br />Application of Proceeds. Trustor shall promptly notify Lender of any loss or damage to the Properry. Lender may
<br />make proof of loss if Trustor fails to do so within flfteen (15) days of the casualty. Whether or not Lender's
<br />security is impaired, Lender may, at Lender's election, receive and retain the proceeds of any insurance and apply
<br />the proceeds to the reduction of the Indebtedness, payment of any Iten affecting the Property, or the restoration
<br />end repair of the Property. If Lender elects to epply the proceeds to restoration end repair, Trustor shall repair or
<br />replace the damaged or destroyed Improvements in a manner satisfectory to Lender. Lender shell, upon
<br />setisfectory proof of such expenditure, pay or reimburse Trustor from the proceeds for the reasoneble cost of
<br />repair or restoration if Trustor is not in default under this Deed of Trust. Any proceeds which have not been
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