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<br /> { 12-08-�998 DEED OF TRUST 98""' �12+3�'� Peqe 3 �_.
<br /> ? toan No 762319 (CoMinued) _���_
<br /> . � ��+
<br /> expenses whlch LonWrr may diroctiy or Indiracdy sust�ln a suNsr rswlHnp kom e bra�ch of th{a eection o!the Daed of Truit a as a
<br /> �� consequence ot iny use,pensrallon,rrwnu}�Ctun,stonp�,dl�pos�6 rNs�N w thraatenad nleasa ol a hazerdo�s waste or substance on!he [_�.
<br /> , ;- propartlas. Th�provlslons of thls s�ctlon of Ihs Dssd ol Trust, Includlnp Ihs oblipaUon to indemnity, shall survive Ihe psyment of the _
<br /> Indebtodnese and the salistactlon and reconveyanc�of Ihe Wn ol lhia Dsed of Trust ond shell not be�ttecled by Lenders ncqulslnon of any j_
<br /> Interest In lhe Propefi�,whethor by foreclosura or otherwla.
<br /> - ; � Nu1Nnc�,Was11, Truslor shell not cause,conduct or permll any nuisanca nor commit,permlt,or sufler any atrlppinq o1 or weste on or to the v
<br /> Property a eny portlon of the Propc�rty, WHhout Ilmidnp th�psneralily of ths faepdnq,Trusta wlll nol remove,a prant to any other perty the ='
<br /> , riph!lo remove,eny tlmber,minerols(Includinq oil and B�s),6d1,prAVel or rock products wlthout ihe pdor wrilten consent of l�nder.
<br /> `"^'� AemovM af Improv�m�nt�. Trustor shdl not demdlsh or nmow any Improwrnents hom lhe Real Propariy without tho prior wriften consenl _
<br /> � of Lender. As �condillon to the removal of eny ImproverrNnta,Lendsr mey requlre Trusta to maka arrenqements satisfectory to l.endur to _,
<br /> replace such Improvemanta wlth Improvvmants ot at Isnst�qual v�lue. [.
<br /> � LendePs Rlpht to Enler. Lender and Ih�epenb snd repressntatives may enter upon the Real Properly sl ell reasoneble Ilmes to atlend to =
<br /> ~ � Lender's Intere5ls and lo Inspect ths Property fa purposes of Trustors cornpllence with the lerms and conditlons of thls Deed of Trust. _
<br /> j Compllance wlth Gov�rnm�ntN Requlrement�. Truslor shdl promptly comply with ell laws,ordinances,end regutatlons,now w heresHer in
<br /> �� eHect, of all povernmental authorlties applicable to ihe use or occupency o}lhe Proparfy. Trustor may contest In paod iqith any such law, �
<br /> ndwriting prloreoddnp so a d soo np as,Pn�Lender'sns Is opinione4end�'InterestsPnthe Propsprtyaro nolJ�opardi:ted.rLendertmay equlr�e
<br /> � Truslor to post edequpte security or s aurety bond,reasonably aatisfactory to Lender,to proteCt Lender's Interest.
<br /> Dnty to Protect,T�ustor sGreas neither to abendon na leave unattended ths Property. Trustor shall do all olher acts,in edditlon to those acls
<br /> set forth abo�e In lhls seCtlon,which hom the charectar e.nd use of the Property are reasonably necessary to protect and preserve lhe Property.
<br /> DUE UN SALE-CONSENT BY LENDEH. Lender may,at Its oplinn,declare Immedlately due and payable ell euma securod by this Deed o1 Truil
<br /> s . upon lhe sale or iranster,wllhout the Lender's prlw written c�ns�nt,of ell a any psrt ot tho Real Properly,or any Interest In Ihe Rsel Properly. A
<br /> � 'sale or trensler"means ihe conveyance ol Reat Property or any rlpht,title w Inte►est thereln;whether lepal,beneficlal or eqult�ble;whether voluntary `
<br /> " or In��Wuntary;whether by outright saie,deed,Installment sale contract,Iend contract,conlract for daed,leasehotd intenst wllh s term prxeter than
<br /> , � ihree(3)years,lease-oPtlon contract,or by sele,asslynment, or tranefer of�ny beneflclel Inixsst In or to a�y I�nd trust hddinp tllfe to the Re�l
<br /> Properry,or by sny other methocl ot conveyance of Real i'roperty Interest. If any 7rustor is e corporetlon,partn�shlp a Ilmit�d IlabGity company,
<br /> ' transfer also include�any chanye in ownership of more than lwenty-tive percant(2696)ot the votinq st�ck,pe�tnership Intar�ts or Ilmlied Iiabllity
<br /> comp�ny Interesta, �s lhs case muY be,of Trustu. How�ver,thfi optlon shafl not bs�x�rcia�d by Londer il auch�xerciss la prohiblt�d by ledenl
<br /> law or by Nebraska uw.
<br /> � TAXES AND LIENS.Tha fdlowlny provislons rslatlrp to lhe U�as and Ilens on iFw Property are 4 part of this Deed ot Trust.
<br /> • � P�ym�nl. Truslor ahall p�y wMn dua(and in�A ev�nh prior lo delinqwncy)all texes,spoclal laxa,ossessments,cluupes(Includinp watar
<br /> Qnd sewer),flnes and ImposiHons levled apelnst w on account of lhe Propsrty�and ehall pay wMn due�Y clalms fa wak dons on or ta
<br /> � servlcss rendsred or materlal turnlsh�d to tM Properiy. Trustor sh�ll malnteln ths Property hss of ell tlens havinp priorlry ow�r or�qud to lhe
<br /> Inlerest of Lender under Ihis Deod of Trust,excepl for ths Ilen of texes and assesements not due and except as othe�wlse Provldad In thls Deed
<br /> ot Trust.
<br /> --- RI�:Ta Casslesl. ?•�.:=r���,py�i►hh�d p�yment of any Ux,assessment,a delm fn connectfon wlth s qood falth dlspuls ovsr ths obllyation
<br />- to pay,so lonq�s Lender's Interest in the Proporty Is not Hopardlzed. If R I�n utsas or is nied as a resuit ui�iunpay���r�i,'r,;�,�r:F�l;s:l;h•^
<br /> ;" � � fittsen(16)days after the IWn arises or,II�Ikn b AMd,within flflesn(16)days atter Trusta h�s not�e o}lM flllrp,s�curs lhe dlsChurpe ot tM
<br />-5•- . Iien, or It requuled 6y Lender,depos�t wiih Lender caeh a a suMClent caporate a�roty bond or othK eecurily sathf�ctory to Lander In an
<br />"�"�'� �, '" •; � Qmount sirMCient to discharp�tM Ilsn plus any cosls and aflorn�ys'fe9s or otlwr chup�s tlut Could�xrw ts�rasuH of�la�dotun or aaN
<br /> ' under the Ilen. In any contest,Trustor shaM d�fand Itself�nd Lender and shell snt�sff�any adv�rse ludp►^mt bafora anfaarrNnt�ynlnst the
<br /> �� '' � Proparty. Trusta sh�Y nama Lander as Rn�ddfdon�l obllpw undir any sunty bond furnlsMd In Itw contesl proaiedin¢!.
<br /> �,, �. .. . •
<br /> •�+.�•'• � ' EvWenc�of Pym�nt. Trusta ehap upon d�rrwnd furnlsh to Lender saflshctory evidena of p�yrtNnt of Ihs t�xss a�ss�ssmenls�nd slul
<br />_;� '. � '� wthain�1ha ippropdats povernmental oMcl�l to dellwr lo Lender at any tlme�wrilt�n atatemsnt of th�trxss and ass�arrwnb�p�inst th�
<br />_ :.�?�..'U
<br /> �:•v•. •. ;,_ Properly.
<br />=�::w�`ri !.' Notic�of ContUuctlon. Trustor sha�l nolify Lender at leust AReen(16)dsys befora�ny work is commenc�d,any s«vlces aro furnlahsd,or�ny
<br />_�:- �'..t.: materisls uo supplkd to llw Proporty� If any mechardc's Ilan, malwlatmen'e Ii�n, or oth�r Il�n caWd b��ss�rt�d on�ccouM of tM work,
<br /> ;,. ,,�� servicos,or rrulerials.Trustor wIN upon requsst of Lenda�furnlsh to Londer adwnco assunnces saHShctory to UndK llxt Trustor can end wW
<br />��,� �• pey tha cost ol6uch Improvemants.
<br />� _" �•�� PROPERTY DAMAGE INSURANCE. The fdlowinfl proNslons reladnp to Insudnp Ihs Propsrly aro a part of thls D»d of Trust.
<br /> T.f`:.,.,.
<br />�yp^`W�" • Molnt�nM�CS OI InW�N�Ce, Trustor shaA prxun and maintain pd�las of Ara Insurance wilh standard exbnd�d cownqs andors�r►wnts on•
<br />�'�!��'� repiac�msnt b�sls fa the(ull intur�bla velua coverir►fl all Improvements on iho Real Property In 1�n amount 6uMclanl to evdd applbaHon o}sny
<br />_r�;�;• •• •� cdnsurance clause,end with a standard matpapee clause in hvor of LendK,topothsr wfth such oiMr hanrd�nd qablUty Insurana�s Lenda
<br />-.t:� ,� ;. may ressoruiby requks. Policles shaN b�wrillan In tam,amounb,cover�pes and basfs nason�bry axaptabk to L�nd�r and issuod by�
<br /> •� company or companl�s reasonably aaeptabl�to Lendar. Trustor,upon nquaet of L�ndsr,wiN dNiwr to UncNr kom flrrN lo NrrN th�pollcks
<br />_- T��;~,; a certiAcatas d Insurance In form satls}�Ctory to LendK,includlnq sflpuladons ilut cown0sa w����ot be caixellsd a dimin�shecf withoul et
<br /> ±v:, ,r • least ten(10)dWs'prla writton noHco to Lender. Eact�Insuranos polcy etso ahaM Induds an�ndo�s�rr►�nt praWdlrq th�t covsr�p�In favu of
<br /> Lendar will not be Impeired In ony way by�ny act,omission a d�hult ol Trusta or any olhw pxson. TIw Rwl Proparty k Ixat�ai In nn eron
<br /> � 4� r r desipnated by Ihe Dlractor of tha Fader�l Em�rpency M�na9emant Ap�ncy�s a spacld Aood h�ard uaa. Trutta�pn�s to obtain and
<br />�*��"-• rtwintaln Fadad Flood Inaunnce for lhe fuN unpald princlW�bdanca of tM lonn,up to tF»modmum pdky Ilmits sat undvr th�Nadonel Flood
<br /> �;Y�•V; • Insuraecs Propram,or as otherwlsa nqulred by Lander,and to malnt�in such Insurince}or tFN txm of tM lan.
<br />�j r J' fe�lls�t��owl hin flNeen(i6)4days ot the caswlty,tWhether or�not Land e 3ecu ty IS�ImPa e�L�e�nde+���aecHon�ealvs�Ind eu n
<br /> the prxeeds ol any Insurance and epply th�proceeds to lhe reductlon oi the Indsbtedness,peymenl of�ny Ilen attectlnq tM Prop�rty,w Ihe
<br /> restoretlon and repalr of Ihe Property. II Lendar eiacts to apply lhe procesds to rostaation and rep�k,Trusfa shaM npak or nplace tha
<br /> � demayed or destroyed Improvements In a manner aetisfactory to Lender. Lender shall,upon satistectory proof of such�xpenditun,pny or
<br /> reimbune T'ruslor hom fha prxaeds Iw tha reasonable cost of repalr nr rostontion il Trustor Is not In delnult undor this Daed of Trust. Any
<br /> � proceeds whkh have not been dlsburaed within 180 d�ys�Rer�hNr recelpt and wh�h Lender hns not commltted to tM rep�ir or rsstoratlon ot =
<br /> , the ProFerty shall be used Nrst to pey any amdunl owing to Lender under this Deed of Trust,then to pay eccrued Interest,and the remainder,ff
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