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<br /> 12--03-199� D��N� i�F T�;�US i . ..�""'
<br /> ? Loan No 762264 (�(9Cftir��s�d) � ' �'=
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<br /> f � �� based an 7rustor`s duo diiigonce in Irvc�stigatfng tho Rr��erty f�r hazetrde�,wnst�r�r9c6 hnn.y.�lpu�,suhytanc�as. 7ruslor herdhy (n)rpleasus and �� ' .
<br /> waivos any iuture claims against L4nder lor indemnity or cantriqutian in'ihe event Trustor becomes Ilablp for cleanup or other costs under any 1�� rry.
<br /> such laws, pnd (b) agrees to Indomnify and hold hsrmless Lender egeinst e�7y erd all clalms, iosses, ��abilittes, damapes, penaltles, and
<br /> axpenses which Lender may directfy or indirectty susta(n or suHer resulting frpm a breach of this section ot the Deed of Trusi or as a �� �r'-:
<br /> consequence ot eny use,generation,manufscture,store�e,disposal,release or thraafened rel�ase oi a hazardous waste or substanCe on the *��a y'
<br /> praparties: Tho provisions of this section ot the Dev�' rf Yr�s', including thn db!�t�aHqn to Indamnify, shall survive the payment of the '?�"�;,
<br /> Indebtedness and the satisfaction and reconvayance of the lien of this Oeed ot Trust and shall not be affected by Lender's acquisiNon of any t
<br /> i intsrest in lhe Property,whather by forgClosurA nr otherwise.' ��
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<br /> NuI,xnce,Waste. Trustqr shall npt causa,Conduct Dr'permit any nuisanc9 nor Commil,permit,pr SuNar any stnpping of or waste on or to th0 ��,,,�"r
<br /> � , praperty or any portion of the Property. Without IimiPing th9 generatity at the fprsgoing,Tru�ter wN!not'r9move,or�rant to 9ny other party tha ��Ik,•` �
<br /> ri�ht to remove,any timber,minerals(including oil and g[�s),Soil,gravei or rxk products without the prior writlan consent of Lender. ��','
<br /> �� Remova{of Improvements. Trustor shall not demollsh or remove any lmpro�gments from t�a Fteal P•operty without the prlor written consant
<br /> ot Lender. As n canditfon to the rempval of any improvements,Lender may requira Trustor to make arcangements si+tisfactary to Lender to ,'�
<br /> F replACe such Improvements with Improvements of a1 least equal vAlue.
<br /> � � Lenqer's Rlght to Enter. Lender and its agents and represent�tives may enter upvn the Res!Property at all reasonabte tlme3 to attend to N;
<br /> Lender's interests and to inspect the Proparfy far purposes of Trustcrr's compliance with the tecros and condiHons of this Deed of 7rust.
<br /> '' ? ' Compuance wl4h Govemmenta!Requlrcments. Trustar shali prampfty Comply with all laws,erdinsnces,and repuledons,naw w hereafter�n �;.
<br /> �' � eHect, ot all govornmental authpritlo§ apptica�la lo the use or occupsncy uf th�Pr���r;y. Trustor may contest in good faith any such lew,
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<br /> ` ordinanca,or regulation and withhnld cumpliance during any praceedirr�,Includinq appropr�ate appeals,sa Inng as Trustor has natifled Lander .
<br /> ; � In writirg prior in doing sa and so long as,in Lander's s�le oqinlon,Lend�r'S interests fn the Property are nut jaopardizad. Lender may require * �..
<br /> ,� � Trustor to post adequate secu�ity nr a surety bond,reasqnably satisfactory to lender,to protnct Lender's interest. `��
<br /> � Duty lo ProtCCt. 'Trustor agres5 neither to abandon nor teave unaKgn(iadihe PrUperty. TruStor shalt do all other aats,in Addition to those aCtS �r
<br /> � .� sat fo�th abave in this sectinn,which trorn the character and use af the Property flra reasanably necessary to protect and preserva lhe t'roperty. s�'ti
<br /> � �LIE ON SALE—CQNSENT BY LENDER. Lender may,at I4s option,d�la�r�immediuteiy dus anJ psy�Zsle all surns secured by thls Dsed of Trust � �
<br /> upon th�a salo o;transfer,wlthout Ihe Lendor's prior wrttten conseni,of all or any par4 of 4he�eai Property,or any interest in the Real Praperty. A '�` '
<br /> ' ' "sale or transier"means thv corveyance of Weai Property vr any riqht,title or interest tMerofn;wheiher 1eg81,beneficial or eqU�table;whather voluntary � "�
<br /> � ;� or involuntary;v�hothor by outright sala,daed,instsliment sela cantrsct,Iand contract,contract for deed,leasehold interest with e term qreater fhAn 'x�'� l
<br /> � ihresp (3)years, leasa-option contract, or by salp,assignment,or transter of flny benoflclal intar�t In or tp any land trUSt holding NU9 t0 ih9 Real � r�
<br /> Property,or by any other method o�conveyance ol Reai Property Intvrast. It any Trustor is a corpwatlon,partnershlp or limfted Ilebility company,
<br /> � tran5ler also inr,tudas any chen�e In o+vnership pl mare than fwenty—fiva percent(25%)t�f the vvtlnq s1xk,paAnership Interest3 Or Ilmltad 1196111fy ''
<br /> ��! ; � company intarests,us?ho cese may be,04 Trustn�. Howaver,this optlon shatl noi be exercised by Lnnder 11 such exerclse IS prohlbited by fadoral
<br /> 4 � ;aw or by Nebraska law.
<br /> � � � '�"AXES AN�LIENS. The loliaw(ng provisipns relatlng to the laxeg and Ilens on the Property 6re a part Of this D6ed of Trusf.
<br /> M; y Payment. Trustar shall pay Whpn due(and In a!1 evonts prior to delinquency)sH taxes,special laxes,assessments,charges(including water
<br /> G and sewar), fines and Impositinns t�+vfed against ar nn account nF th9 Prope�ty,and shsll pay when due alI clqims for work done on or for �
<br /> + � ;!� servlces renderpd or material lumished to the Praperty. Trus4or shall maintaln the Property hee of s!I Ilens havinp prlo�ity over or equal to the •�
<br /> �`; i��` �p interest nf Londer�inder this Cead of 7rust,axcept(or the lien cf taxes and assassments not due and except as othervvisa provided in lhis paed �
<br /> of TrusL "
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<br /> ;.yr Right To Coniest. Trustor may withhnld paymenf of any tax,as�assment,or ctaim in connectiqn wifh a gCOd faith dispute over the chlipaPlon ,
<br /> � y ; to�sy,so iong as Lender's�nterest in the Property is not Jeopardized. If a iien arisas or is filed as a resu�t of nonpayment,Trustor shali wlthin k
<br /> " � �a fiHeen(15)days after the Iien arises or,if a Ilen is fled,within flfteen C75)dayS atter 7ru5tor has natlCe of the filing,secure the dlscharge v�the .'
<br /> � � linn, �r ii requested by Lender, deposit with Lender cash or e suffleient corporate surety bond or othar securlty saNstactory tv Lender in an
<br /> �mbunf sufficlent to discharge the lien plus any Cpsts and ettamgys'fea5 or other charges that could accrue as a result ot a forecicsure or sais '^ �'�
<br /> �:� unda�the lien. In any contest,7rustor shall detenp itse�f and Lender and shaA satisty any adverse Judgment bainre enforcement against the ,�.
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<br /> �ai, Proparty. Trustor shall name Lender as an additfonal obtigea under any surORy 6and furnished.in the Contest proc66dings. �'
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<br /> ? Ev9dance of PaymCnt. Trustor shall upan demAnd turniSh tn lender 5atisfflctory avidence of psyment of the taxes or p5s65smenis dnd shall f #
<br /> � ' nuthorize the apprppriate governmonfai officlal to daiiver to L9ndor et any time e written stetement of the tezas end asse5sment5 against the
<br /> � : Propsrty. �
<br /> l'' � Tr stor�hull notif Lender at{east flttaen(15)days before anV work is commenced,sny servlces are furnlShed,or eny ,�'
<br /> ; ,�, ,, Notice af Constructton. u Y '
<br /> ?,' ; matorial3 s�a Supplied 10 the Property, it any mochanic'5 lien, matarlalmen's Uan, Dr other tien Couid be a55er;sd on aCCpunt of ihe wprk, ' ��
<br /> • +9 ' servic�s,or matarials. Trustor will upon request ot Lendor furnish lo l.endor advence a55Urances satisfaCtory to Lender thet TrUStOr Can and will i�l
<br /> pay!ho cost o(such Improvements. ¢ z''
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<br /> N �;� PROPERTY DAMAG�INSURANCE. T'ne fpllowing prnvisions relpting to Insuring tha Praparly srg 9 part of thls Qaaed e(Truat.
<br /> 4 Malntenence of Insurance. Trustor shqll procure and meintaln poticiqs of nre Insuranco wHh 3t8ndard e�ended coverape andorsements pn a x,
<br /> � roplocement basis lor the full Insurable value cqvaring all Improvements on the Real Propart)+in en amount sufAclent t0 avald appllCatlon af any e�, ;
<br /> �°�;� � ,� cnlnsurancc�clause,and v+ith a stnndard mortgaqe�ctausa In favor of Lender,togather wlth such ather heaard and Ilabllity InsuranCe es Lender
<br /> � , may raasonably requlre. Palicles shall ba written In iprm;amounts,coverapes and basis teasonably acceptablx t0 Lendar end IsaUed by e
<br /> ;'F ;� cpmpnny or companles reasonably acceptable la Lender. Trustor,upon reque5t nf Lander,will dellver io Lender hom flme t4 flme the policies �
<br /> "Cz nr certi(icatos of Insuranca In torm satistactory lo Lender,Including�tiputatlons that cpverapes will not b�cancelled ar dlminished wHhout at '�� '
<br /> �' , least ten(10)days'prior written notice to Lander. Each Insuranca palicy alsa shall Inciude en endorsament provldinq fhat coverflqe In favor of ko:
<br /> S! � Lendnr wlll not be impalred in any way by any act,omisslon or default of Trustor or any other person. The RAaI Property IS IoCatad In an area
<br /> �, � rl�sigratod by the Directqr ol the Federal Emargency Management Agency as a spoclal flood hazard ares. TruStor sprees to pbtain and
<br /> ' �' ° mnintain Fc�dernl Flood Ins�ranca for Ih�4uli unpaid principal balance vf the laen,up to tNe mflximum pollcy Iimits sat under tha Natlonal Flood
<br /> � '� Insurence Propram,or as othenvise required by Lender,and Ip malntain such Insurance}or lha term af the loan.
<br /> , � ( Appllcatlon ot Proceeds. Truslor shall promptly nollfy Lender of any loss or demage to fhe Property. Lendor may make proof of loss if Trustor 5 ,
<br /> , } (ailc to do so withln fifleon(15)deys of Iha Cssualty. Whether ar nGt Lender'S seCUrity IS Impelred,lendar mey,Bt Its eleCtlon,rgCSlVe end Ietain F
<br /> `� 7 the proceeds at any insurance and apply the procAeds lo"4he reduction of the Indebtednass,payment of any Ifen affectlng tha Properiy,ar the ,�',,
<br /> `� ? restoratian and rapair of the Property. It Lender elects (p eppiy the proceods to restoratipn end repair, Trustor shall rppalr Or r9place ihe �
<br /> � j damagad or dnstroyed Improvements In a manner satls(actory to l.ender, Lsnder shali, u�on satlsfsclory proof o}such axpanditure,pay or �f,'
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