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201301591
<br /> DEED OF TRUST
<br /> Loan Not 101291779 (Cf nOluod) • Page 3
<br /> Property, including without limitation, the Americans With Disabilities Act. Trustor may contest in good faith any
<br /> such law, ordinance, or regulation and withheld compliance during any proceeding, including appropriate appeals,
<br /> ea long as Truator has notified Lender in writing prior to doing so and so long as, In Lender's sole opinion, Lender's
<br /> interests in the Property are not jeopardized! Lender may require Trustor to post adequate security or a surety
<br /> 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 all other
<br /> acts, in addition to those acts sot forth above in this section, which from the character and use of the Property are
<br /> reasonably necessary to protect end preserve the Property.
<br /> DUE ON SALE • CONSENT BY LENDER. Lander may, at Lender's option, declare immediately due and payable ell 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 Reed 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 equitable; whether voluntary or involuntary;
<br /> whether by outright sale, deed, installment sale contract, land contract, contract for deed, leasehold Interest with a
<br /> term greater than three (3) years, lease-option contract, or by sale, eesignment, or transfer of any beneficial interest in
<br /> or to any 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 federal law or by
<br /> Nebraska law,
<br /> TAXES AND LIENS, The following provisions relating to the taxes and liens on the Property are pert of this Deed of
<br /> Trust;
<br /> Payment. Trustor shall pay when due land in all events prior to delinquency) all taxes, special taxes, assessments,
<br /> charges (including water and sewer), fines.and Impositions levied against or on account of the Property, and shall
<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 liens haying 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 Contest. Trustor may withhold payment of any tax, assessment, or claim in connection with a good faith
<br /> dispute over the obligation to pay, so long.aelLender's interest in the Property•is riot 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 a lien is flied,
<br /> within fifteen (t 5) 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 en
<br /> amount sufficient to discharge the lien plus any costa 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 shaii.satisfy
<br /> any adverse judgment before enforcement egainet the Property. Trustor shall name Lender as an additional obligee
<br /> under any surety bond furnished in the contest•proceedings.
<br /> Evidence of.Payment. Trustor shall upon demand furnish to Lender satisfactory evidence of payment 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 (1 51 days•before any work is commenced, any
<br /> services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materiaiman'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 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 a part of this Deed of
<br /> Trust.
<br /> • Maintenance of Insurance. Trustor ;hail procure and maintain policies of fire insurance with standard extended
<br /> coverage endorsements on a for velum beau 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 mortgagee
<br /> clause in favor of Lender, Trustor shall also procure and maintain comprehensive general liability Insurance in such
<br /> coverage amounts as Lender may request with Trustee and Lender being'named as additional insureds In such
<br /> Ilebillty.insurance policies.. Additionally,,Trustor shell maintain such other.insurance, including but not limited to
<br /> hazard,-business interruption, rand boiler insurance,+es Lender may reasonably require, Policies shall be written,in
<br /> form, amounts, coverages and basis reasonably acceptable to Lender and 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 /> polieles or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be
<br /> • cancelled or diminished without at least ten (10) days prior written notice to Lender, Each insurance policy also
<br /> shall include an endorsement providing that coverage in favor of Lender wilFnot be•impaired in any way by any act,
<br /> omission or default of Trustor or any other person. Should the Real Property be located In an area designated by
<br /> the Director of the Federal Emergency Management Agency ea a special flood hazard area, Trustor agrees to obtain
<br /> and maintain Federal Rood Insurance, If available, for the full unpaid principal balance of the loan and any prior
<br /> liens on the property securing the loan, up to the maximum policy limits set under the National Flood Insurance
<br /> . Program, or as otherwise required by Lender, and to maintain such insurance for the term of the loan, •
<br /> Application of Proceeds. Trustor shall promptly notify Lender of any leas or damage to the Property, Lender may
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