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<br />enforcement, valuation, appraisal or protection of Lender's rights and remedies under this
<br />Security Instrument or any other document relating to the Secured Debts. Grantor agrees to
<br />pay expenses for Lender to inspect, valuate, appraise and preserve the Property and for any
<br />recordation costs of releasing the Property from this Security Instrument. Expenses include,
<br />but are not limited to, attorneys' fees, court costs and other legal expenses. These expenses
<br />are due and payable immediately. If not paid immediately, these expenses will bear interest
<br />from the date of payment until paid in full at the highest interest rate in effect as provided for in
<br />the terms of the Secured Debts. In addition, to the extent permitted by the United States
<br />Bankruptcy Code, Grantor agrees to pay the reasonable attorneys' fees incurred by Lender to
<br />protect Lender's rights and interests in connection with any bankruptcy proceedings initiated by
<br />or against Grantor.
<br />16. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1)
<br />Environmental Law means, without limitation, the Comprehensive Environmental Response,
<br />Compensation and Liability Act (CERCLA, 42 U.S.C. 9601 et seq.), all other federal, state and
<br />local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters
<br />concerning the public health, safety, welfare, environment or a hazardous substance; and (2)
<br />Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or
<br />contaminant which has characteristics which render the substance dangerous or potentially
<br />dangerous to the public health, safety, welfare or environment. The term includes, without
<br />limitation, any substances defined as "hazardous material," "toxic substance," "hazardous
<br />waste," "hazardous substance," or "regulated substance" under any Environmental Law.
<br />Grantor represents, warrants and agrees that:
<br />A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous
<br />Substance is or will be located, stored or released on or in the Property. This restriction
<br />does not apply to small quantities of Hazardous Substances that are generally recognized to
<br />be appropriate for the normal use and maintenance of the Property.
<br />B. Except as previously disclosed and acknowledged in writing to Lender, Grantor and every
<br />tenant have been, are, and will remain in full compliance with any applicable Environmental
<br />Law.
<br />C. Grantor will immediately notify Lender if a release or threatened release of a Hazardous
<br />Substance occurs on, under or about the Property or there is a violation of any
<br />Environmental Law concerning the Property. In such an event, Grantor will take all
<br />necessary remedial action in accordance with any Environmental Law.
<br />D. Grantor will immediately notify Lender in writing as soon as Grantor has reason to believe
<br />there is any pending or threatened investigation, claim, or proceeding relating to the release
<br />or threatened release of any Hazardous Substance or the violation of any Environmental
<br />Law.
<br />17. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened
<br />action by private or public entities to purchase or take any or all of the Property through
<br />condemnation, eminent domain, or any other means. Grantor authorizes Lender to intervene in
<br />Grantor's name in any of the above described actions or claims. Grantor assigns to Lender the
<br />proceeds of any award or claim for damages connected with a condemnation or other taking of
<br />all or any part of the Property. Such proceeds will be considered payments and will be applied
<br />as provided in this Security Instrument. This assignment of proceeds is subject to the terms of
<br />any prior mortgage, deed of trust, security agreement or other lien document.
<br />18. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably
<br />associated with the Property. Grantor will maintain this insurance in the amounts Lender
<br />requires. This insurance will last until the Property is released from this Security Instrument.
<br />What Lender requires pursuant to the preceding two sentences can change during the term of
<br />the Secured Debts. Grantor may choose the insurance company, subject to Lender's approval,
<br />which will not be unreasonably withheld. All insurance policies and renewals shall include a
<br />standard "mortgage clause" (or "lender loss payable clause ") endorsement that names Lender
<br />as "mortgagee" and "loss payee ". If required by Lender, all insurance policies and renewals will
<br />also include an "additional insured" endorsement that names Lender as an "additional insured ".
<br />If required by Lender, Grantor agrees to maintain comprehensive general liability insurance and
<br />rental loss or business interruption insurance in amounts and under policies acceptable to
<br />Lender. The comprehensive general liability insurance must name Lender as an additional
<br />insured. The rental loss or business interruption insurance must be in an amount equal to at
<br />least coverage of one year's debt service, and required escrow account deposits (if agreed to
<br />separately in writing).
<br />Grantor will give Lender and the insurance company immediate notice of any loss. All insurance
<br />proceeds will be applied to restoration or repair of the Property or to the Secured Debts, at
<br />Lender's option. If Lender acquires the Property in damaged condition, Grantor's rights to any
<br />insurance policies and proceeds will pass to Lender to the extent of the Secured Debts.
<br />MICHAEL R WAGONER
<br />Nebraska Deed Of Trust
<br />NE/ 4XJWILSON00000000000654036062513N Wolters Kluwer Financial Services ©1996, 2013 Bankers Page 5
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