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<br />Loan No: 101252815
<br />DEED OF TRUST
<br />(Continued)
<br />20120395�
<br />Page 3
<br />whether by outright sele, deed, installment sale contract, lend contract, contract for deed, leasehold interest with a
<br />term greater than three (3) years, lease-option contrect, or by sale, assignment, or transfer of eny beneficial interest in
<br />or to any land trust holding title to the Real Property, or by any other method of conveyence of an interest in the Real
<br />Property. However, this option shall not be exercised by Lender if such exercise is prohibited by federal lew or by
<br />Nebraska law.
<br />TAXES AND LIENS. The following provisions relating to the texes and liens on the Property are pert of this Deed of
<br />Trust:
<br />Payment. Trustor shall pey when due (end in all events prior to delinquencyl all taxes, special taxes, assessments,
<br />charges (including water and sewer), fines and impositions levied against or on account of the Property, and shali
<br />pey when due all cleims for work done on or for services rendered or material furnished to the Property. Trustor
<br />shall maintain 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 taxes and assessments not due and except as otherwise provided in this Deed of
<br />Trust.
<br />Rtght to Corrtest. Trustor may withhold payment of any tax, essessment, or claim in connection with a good faith
<br />dispute over the obligation to pay, so long es Lender's interest in the Property is not jeopardized. If a lien arises or
<br />is filed as a result of nonpayment, Trustor shall within fifteen (15) days after the lien arises or, if e lien is filed,
<br />within fifteen (15) days after Trustor has notice of the filing, secure the discharge of the lien, or it requested by
<br />Lender, deposit with Lender cash or a sufficient corporate surety bond or other security setistactory to Lender in an
<br />amount sufficient to discharge 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 eny contest, Trustor shall defend itself and Lender and shall satisfy
<br />any adverse judgment before enforcement against the Properry. Trustor shall name Lender as an additional obligee
<br />under eny surety bond furnished in the contest proceedings.
<br />Evidence of Paymerrt. Trustor shall upon demand furnish to Lender satisfactory evidence of payment of the texes
<br />or assessmenta end shell authorize the appropriate governmentel official to deliver to Lender et any time a written
<br />statement of the taxes and assessments against the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) days before eny work is commenced, any
<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 esserted on account of the work, services, or materials. Trustor will upon request of Lender
<br />furnish to Lender edvance assurances satisfectory to Lender that Trustor can and will pay the cost of such
<br />improvemants.
<br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property ere a part of this Deed of
<br />Trust.
<br />Maintenance of Insurence. Trustor shall procure and maintain policies of fire insurance with standard extended
<br />coverage endorsements on a fair value basis for the full insurable velue covering all Improvements on the Real
<br />Property in en amount aufficient to avoid application of eny coinsurance clause, end with a stenderd mortgagee
<br />clause in favor of Lender, together with such other hazard end liability insurance as Lender may reasonably require.
<br />Policies shall be written in form, amounts, coverages and basis reasonably acceptable to Lender and issued by a
<br />compeny or compenies reasonably acceptable to Lender. Trustor, upon request of Lender, will deliver to Lender
<br />from time to time the policies or certificates of insurance in form satisfactory to Lender, including stipulatfons thet
<br />coverages will not be cancelled or diminished without et least ten (10) days prior written notice to Lender. Each
<br />insurance policy also shall include an endorsement providing that coverage in favor of Lender will not be impaired
<br />in any way by any ect, omission or default of Trustor or any other person. Should the Real Property be located in
<br />an area designated by the Director of the Federal Emergency Management Agency as a special flood hazard area,
<br />Trustor agrees to obtain and maintain Federel Flood Insurance, if available, for the full unpaid principal balance of
<br />the loan and any prior liens on the property securing the loan, up to the maximum policy limits set under the
<br />IVetional Flood Insurence Program, or as otherwise required by Lender, and to maintain such insurence for the term
<br />of the loan.
<br />Applicedon of Proceeds. Trustor shall promptly notify Lender of any loss or damage to the Property. Lender may
<br />make proof of loss if Trustor fails to do so within fifteen (15) days of the cesualty. Whether or not Lender's
<br />security is impeired, Lender may, at Lender's election, receive and retain the proceeds of any insurence and epply
<br />the proceeds to the reduction of the Indebtedness, payment of any lien affecting the Property, or the restoretion
<br />and repeir of the Property. If Lender elects to apply the proceeds to restoration and repair, Trustor shall repair or
<br />replece the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shall, upon
<br />satisfactory proof of such expenditure, pay or reimburse Trustor from the proceeds for the reasonable cost of
<br />repair or restoration if Trustor is not in default under this Deed of Trust. Any proceeds which heve not been
<br />disbursed within 180 days after their receipt and which Lender has not committed to the repair or restoretion of
<br />the Property shall be used first to pay any amount owing to Lender under this Deed of Trust, then to pay eccrued
<br />interest, and the remainder, if any, shall be applied to the principal balance of the Indebtedness. If Lender holds
<br />any proceeds efter payment in full of the Indebtedness, such proceeds shall be paid to Trustor as Trustor's
<br />interests mey appear.
<br />LENDER'S EXPENDITURES. If Trustor fails (A) to keep the Property free of all taxes, liens, security interests,
<br />encumbrances, end other claims, (B) to provide any required insurance on the Property, or (C) to make repairs to the
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