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' � � . 20120595�
<br />DEED OF TRUST
<br />Loan No: 101255095 (Continued)
<br />Page 3
<br />Property. Trustor may contest in good feith any such law, ordinance, or regulation and withhold compNance during
<br />eny proceeding, including appropriate appeals, so long as Trustor has notified Lender in writing prior to dofng so
<br />end so long as, in Lender's sole opinion, Lender's interests in the Property ere not jeopardized. Lender mey require
<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 neither to abandon or leave unattended the Property. Trustor shall do ell other
<br />acts, in addition to those acts set forth above in this section, which from the character 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 payable all aums
<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 Properry. A"sale or transfer" means the conveyance of Real Property or any
<br />right, title or interest in the Real Property; whether legal, beneficiat or equitable; whether voluntery or involuntery;
<br />whether by outright sale, deed, installment sele contract, lend contract, contract for deed, leasehold interest with e
<br />term greater than three (3) years, lease-option contrect, or by sale, assignment, or transfer of eny beneficiel interest in
<br />or to eny land trust holding title to the Real Property, or by any other method of conveyance of an interest in the Real
<br />Property. However, this option shall not be exercised by Lender if such exercise is prohibited by federel lew or by
<br />Nebraske 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 />Payment. Trustor shall pay when due (and in all events prior to delinquency) all taxes, speciel taxes, essessments,
<br />charges (including weter end sewerl, fines and impositfons levied against or on account of the Property, and shell
<br />pey when due all claims for work done on or for services rendered or materiel furnished to the Property. Trustor
<br />shall meintain 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 />Right to Corrtest. Trustor may withhold payment of any tex, assessment, or claim in connection with a good faith
<br />dispute over the obligation to pay, so long as 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 erises or, if a lien is filed,
<br />within fifteen (15) days after Trustor has notice of the filing, secure the discherge of the Ilen, or if requested by
<br />Lender, deposit with Lender cash or a sufficient corporate suraty bond or other security satisfactory to Lender in an
<br />emount sufficient to discharge the lien plus any costs and ettorneys' 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 against the Property. Trustor shall name Lender as an additional obligee
<br />under eny surety bond furnished in the contest proceedings.
<br />Evidence of Payment. Trustor shall upon demand furnish to Lender satisfectory evidence of peyment of the taxes
<br />or assessments and shall authorize the appropriate governmental official to deliver to Lender at 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 (7 5) days before any work is commenced, any
<br />services are furnished, or eny materials are supptied to the Property, if eny mechanic's lien, materialmen's lien, or
<br />other lien could be esserted on account of the work, services, or materiels. Trustor will upon request of Lender
<br />furnish to Lender advence assurances setisfactory to Lender thet Trustor can and will pey the cost of such
<br />improvements.
<br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a pert of this Deed of
<br />Trust.
<br />Malntenance of Insurence. Trustor shell procure and maintain policies of fire insurance with standard extended
<br />coverage endorsements on a feir value besis for the.full insurable value covering all Improvements on the Real
<br />Property in an amount sufficient to avoid epplication of any coinsurance clause, and with a standerd mortgagee
<br />clause in favor of Lender, together with such other hazard and liability insurence 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 />company or companies 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 stipulations that
<br />coverages will not be cencelled or diminished without at least ten (10) days prior written notice to Lender. Each
<br />insurance policy also shell include en endorsement providing that coverage in favor of Lender will not be impaired
<br />in any way by any act, omission or default of Trustor or any other person. Should the Real Property be located in
<br />an area designeted by the Director of the Federal Emergency Menagement Agency as a special flood hazard area,
<br />Trustor agrees to obtain and maintain Federal Flood Insurance, if available, for the full unpafd principel 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 />National Flood Insurance Program, or as otherwise required by Lender, and to meintain such insurance for the term
<br />of the loan.
<br />Applicetion of Proceads. Trustor shell 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 casualty. Whether or not Lender's
<br />security is impaired, Lender mey, at Lender's election, receive end retain the proceeds of any insurance and epply
<br />the proceeds to the reduction of the Indebtedness, payment of any lien affecting the Property, o� the restoration
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