Laserfiche WebLink
��14�14�5 <br /> DEED �F TRUS� <br /> Loan Nor �7��5���5 �Cor�tinued} Page 2 <br /> �hr�a�ened �i��gation a�- c[aims of any kind by any person relating to such ma��ers; and �3} Excep� as pre�ious[y <br /> disclased fio and acknQw[edged by Lender in writing, {a} neither Trustor nor any tenant, contractor, agen�or ather <br /> authori�ed user Qf th� Property sha[[ use, generat�, manufacture, store, �reat, dispose af or re[ease any Hazard�us <br /> 5ubstanGe on, under, about or�r�m the P�-�perty; and [b} any such ac�i��ty sha�I be conduc�ed in cvmpliance with <br /> a�� app[icable �ederaI, s�ate, and [veal lavvs, regufations and ordinances, incfuding without lim�tation ail <br /> En�ironmental Laws. Trustor au�hori�es Lender and its agents ta en�er upvn the Praperty to make such <br /> insp�ctions and tests, at Trustor's expense; as Lender may deem apprapriate to determine campl�ance ot the <br /> P�oper�y with th€s sectian o��he ❑eed of Trust. Any inspections or fiests made by Lender shall be for Lende�'s <br /> purposes on[y and shal[ not be cons�rued�o creafie any responsibility or[iabi[ity on th� pa��f Lender tv Trustor or <br /> to any other person. Th� repr�sentativns and war�anties contained herein are hased on Trustor's due di�igen�e in <br /> inves�iga�ing �he Properry for Hazardous Substances. Trustor h�r�by ��� releases and �nra�ves any fiu�ure claims <br /> against Lender �or indemnity or con�r�huti�n �n the even-�Trus�or becomes liable for c�eanup or ofiher cos-ts under <br /> any such �aws; and [2� agrees�o indemni-�y, de�e.nd, and hvld harmless Lender agains�any and a�I c[aims, losses, <br /> liabilities, damages, p�nalties, and expenses tirvnfch Lender may dir�ct�y or indir�c�iy sustain ar suffer resulting from <br /> a breach o�th�s section o�the ❑eed of Trust ar as a consequence af any use, gene�ation, manu�acture, storage, <br /> disposal, refease o,r threatened release occurring prior ta Trustor's ownership or interest in�he Properky,�nrhether or <br /> no� �he same was or shauld have been knawn to Trus��r, The pra�isions of this sec�ion o� �he De�d of Trust, <br /> ine[uding the oh�igation to indemni�fy and de�end,sha��sur�i�e the payment of the Inde��edness and rthe satis�action <br /> and r�con�eyance v�the lien o��his Deed of Trust and shall not be affected by Lender's acquisition of any interes� <br /> �n the Property,v�hether by fvreclosure or atherw�se. <br /> Nuisance, Waste. Trustvr sha[[ not cause, c�nduct or permit any nuisance nor commi�, permit, �r su��er any <br /> stripping o� or vvaste an or to the Property ar any por�ion o� the Property. 111lithou� �imiting th� generality of the <br /> �oregving, Trus�or wil[ not remove, or grant t❑ any other party�he right to remove, any�imber, mine�als ��nc�uding <br /> oi[and gas}, coa[, c[ay,scoria,soil, gra�e!or rock products wi�hou�Lender's privr wr�t�en cvnsent, <br /> Remvval o�r[mprovements. Trustor shall not demo[�sh ar remo�e any[mp�-o�ements from�h� Rea� Property v�ri�hou� <br /> Lender's pr�or vtirritten consen�: As a condition ta fihe remova! of any]mpra�em�nts, Lender may require Trustor-�o <br /> make arrangemen-�s satis�ac�ory t� Lender ta replace such [mpro�ements wi�h Impravements of at �east equai <br /> value. <br /> Lender`s Righ�to Er�te�. Lender and Lender's agen�s and �-epresentative� may enter upan �he Rea[ Prop�rty at a�I <br /> reasonab�e times t� at�end �o Lender's interests and �o �nspec� the �eal Property for purposes o� Trustor's <br /> c�mp�iance v►iith the�erms and cor�ditions of this Deed of Trust. <br /> CorrtpCian�e wi�h Governr�r�e�ta� F�eo�uirea�rients. Trus�or shall prvmp�[y comply with a11 laws, ordinances, and <br /> regu�ations, now or hereafter in �ffect, of a[[ ga�ernmentaE authorities applicable �v the use or accupancy vf th� <br /> Propsrty. Trust�r may c�ntest in good faith any such lav�r, ordinance, or regufa�i�n and w��hhold compliance during <br /> any proceed�ng, including appropriate appeafs, so long as Trustor has no�ified Lender in wr�ting prior to doing sv <br /> and so [ong as, �n Lender's sole opinivn, Lend�r's in�erests in the PrQp�rty are not�eopardi�ed. Lender may require <br /> Trust�r�v past ade�uate security ar a surety bond, reasonabCy satisfactory to Lender,to protec�Lender`s inter�st. <br /> �u�y �o Pro�ect. Trus�o� agrees neither ta aba.ndon 4r [eave unattended the Property. Trustor sha�� da all other <br /> acts, in addi-�ion to those ac�s set forth above in this sectivn, which from the�harac�ter and use❑f the Praperty a�e <br /> reasortably necessary to protect and pres�nre the Proper�y. <br /> DUE DN SALE-C�NSENT BV LE:NDEi�. Lender may, at Lender's option, declare immediate[y due and pa�al�le all sums <br /> secured by�h�s �eed v��frust upon the sa[e or transfer, with�ut Lender's pr�or writt�n consen�r ❑�a11 or any par�of�he <br /> �eal Proper�y� �r�r�y interest in the F�eal Pr�perty. A '°sale �r�r�nsfer" means the �on��yance of Real Property or any <br /> righfi, ti�le or in�erest ir� the Real Prvper�y; whether �ega[, bene�icia� or equitab[e; whether �oluntary or inWo�untary; <br /> whether by outrigh� sale, deed, ins�a�lment sale con�tract, land cantract, contract for deed, leaseho[d �nterest with a <br /> �erri7 grea�er than�hree {3� years. iease-opti�n contract, or by.sale, assignment, �r�ransfer of any bene�iGia[ interest in <br /> or to any land trust ho[ding ti�=1e�o �he Real Property, or by any �the� method o�F�onveyan�� of an inter�st in the F��a� <br /> Property. However, �h�s vption shall no� be ex�rcised by Lende�- if such �xsrGise Es prahibited by federal �aw or by <br /> N��raska �aw. <br /> TA�CES AND LlENS. The follawing provisions relafiing to the fiaxes and liens on the Property are part of-�his Deed of <br /> Trust: <br /> Paym�a��. Trustor sh�ll pay when due {and in all eW�nts prior to delinquency} all taxes,special taxes, assessments, <br /> charges 4including water and sewer}, fines and imposi�ions I�Wied against vr on ac�oun�o�the Praperty, and sha[[ <br /> pay when due a�E claims for vrrark done on or-�or ser�ices rendered or �naterial furnish�d to the Pr�per-ty. Trustor <br /> sha[l main�ain-�he Property free or all liens ha�ing p�iori�y over or equa��o�the interest of Lender uncier this Deed o� <br /> Trust, �xcep� �o� �he 6Qen vf taxes and assessmert�s r�o� due and except as c�therw�se pr�vided in �I�is C]eec� �� <br /> Trust. <br /> Right�v ��ntest. Trus�or may withho�d paymen�of any�ax, assessment, or claim in connec�ion wi�h a good �ai�kh <br /> dispute v�er the ob[iga�ian to pay, sfl [ong as Lenderxs interest in the Pr�perty�s nvt jevpardi�ed. f�a [ien arises vr <br /> is �i[ed as a result of nonpayment, Trus�or shaf� within �ifteen {�5� days after the lien arises �r, if a [ien is fi[ed, <br /> within ��fteen ��5� days after TrustQ�- has natice of�he fi[ing, secure fihe discharge o�the lien, or if reques�ed by <br /> Lend�r, depasit with Lender cash or a su��ic�ent corporate surety bvnd or vthe�s�curity satis�actory-to Lender in an <br /> am�un�suf�icient to discharge�he lien pCus any cvsts and atto�neys' �ees, vr other charges that could accrue as a <br /> resu[-t of a forec[osure ar sale und�r the iien. �n any confiest;Trustar shall defend i�sel�and Lender and shal[sa�is�ry <br /> any adverse judgmen#befor� en�rorcement agains�the �roperty. Trustor sha�l name Lender as an addi�iona� obligee <br /> under any surety bond furnished �n the cvntest prviceedings. <br /> EW�dence of�ayrr�ent, Trustor shaf[ u��n d�rnand furnish�� Lender satisfact�ry ev�dence o�payment vf�he ta�ees <br /> or assessr��nts and sha�l au�hor�ze the app�opr�at� g��ernrra�n�al officia� �� del�ver�� Lend�r at any time a wri��era <br /> staternen�o�the taxes and ass�ssments aga�r�s��he Pro�ertya <br /> Not�c� of�ons�ruction. �a-ustor sha�[ notif� Ler�der at [eas��if�een ��5} days before any wark Es cornmenced, �ny <br /> ser�i�es a�e furnished, or any materia[s are supplied tv�he Property, rf any mechanic's [ier�, mate�ria�men's fien, or <br /> o�her [ien cvuld he asserted on account v�r the wvrk, ser�ices; or mate��als. Trustor v+ri[[ up�n request of Lender <br /> fiurnish to Lender ad�an�e assurances satisfactory to Lender that Trus�or ean and will pay �he cost of such <br /> impro�ements. � <br /> PRaPERTY DAM�GE ENSURANCE. The following provisions re[a�ing �o insuring�he Property are a part of�his Deed o� <br /> Trus�. <br /> Maintenance of lnsurance. T�ustor shall procure and maintain po�icies of �ir� insurance �nrith standa�-d extended <br /> �o�erage endorsemen�s on a rep[acerr�en� basis far �he�FuC[ �nsurable �alue co�ering a[� lmpr��ements on th� Rea� <br /> �roper�y ir� an armount su�Ficient �t� avoid appi�c�ti�n o� any �oinsurance clause, �nd wit€� a stand��d rnor�gagee <br /> clause in�a�or�f Lend�r, ��ge�her with such other�a��=rd and �iabili�y insurance as Lender�na�reasanab[y�-eq��rea <br /> �olic�es sha�l be vvr��ten in �rorm. arnounts, cov�rag�s ar�d has�s reasonab�y ac�ept�b[e �� Le�d�r and �ssued Poy a <br /> �ornpany �r �ompanies r�as�nab[y accep�able �o �e�der. �"rustor, �pon reques� of Lenderp w3E� del�ver �� L�na�er <br /> �Fror� time t� �ir�e the �€��icies or �ert��icates o��nsuran�e �ra�arm sa�isfacto�-y�o Le�derr �n�fud�ng stipulati�ns that <br /> �oWerages wil9 nof be �ance[[ed ar diminished withou� at �east ten ��n� days prior writ-ten nvti�e �o Lender. Each <br />