Laserfiche WebLink
��14��11� <br /> t3EE[3 �F TI�L��T <br /> Loan Nv: '1�1275�Q5 {��nt�nued� P'age 3 <br /> Property, including wi�h�ut limi�ation, the Americans Wi�n Disabilitiss Act. Trustar may contest in gvad �aith any <br /> such law, ordinance, or regulatian and withhald camplianc� during any proceeding, including appropriat� appeals, <br /> so �ong as Trustor has notified Lender in writing prior to daing so and so Iong as, in Lender's sa[�opini�n, Lender's <br /> interests in the Pr�perty are not jeapar�lized. Lender may require Trustor fi❑ post adequate securi�y or a surety <br /> bond, reasonably satisfactory to Lender, ta prote�t Lender's interes�. <br /> Du�ky to Pro�ect. Trusfor agrees neither to al�andon or lea�e unatt�nded the Praper�y. Trustar sha�l do all ather <br /> acts, in ad�lition to those acts set��r�h above in�his section, which from the character and use of the Proper�y are <br /> reasonably necessary ta protect and pres�rve�he Prvperty. <br /> DUE�N SALE � ��NSENT BY LENDEh�. Lende� may, at Lender's op�tion, dec�are immediately due and payab�e all sums <br /> secured by this L7eed of Trust upon the sa�e or transfer, wi�hou�Lender's priar written �onsent� af all ar any par�of the <br /> Real Property, or any interest in �he Rsal Property. A "sal� or�transfer" m�ans the con��yance of Real Property or any <br /> right, title ar inter�sfi in the Real Prop�rty; whether legal, bene�Ficial or equitable; whether �oluntary ar involuntary; <br /> whe�h�r by outright sale, deed, instal�ment sale contract, land contract, contract for d�ed, leasehald inter�st irvi�h a <br /> term greater than three �3� years� lease-�ptivn cvntract. ar by saie, assignment, or transfer af any beneficial in�erest in <br /> flr�❑ any land trust h�lding ti�le �o the Rea� Proper�y, vr by any other method of con�eyance o� an interes� �n the Real <br /> Property. lf any Trustor is a c�rpora�ion, par�nership or limit�d liability campany, transfer a�so includes any change in <br /> Qwnership of m�re than�twenty-�Fi�e percen� {�5°/0} of the vv�ting st�ck, par�nership �nter�s�s vr limi�ed liability c�mpany <br /> interests, as the case may be, �f such Trustor. Howe�er, this option shall not be exercised by Lender i�such exercise <br /> is pr�hibited by federal law or by Nebraska law. <br /> T►4XES AND LIENS. The fallvwing pra�isions r��ating to �h� �axes and liens on the Property are part of �his ❑eed afi <br /> Trust: <br /> Payment. Trustor shall pay when du� �and in al�e�ents prior tv deEinquency} all�axes, speciaE�axes, assessments, <br /> charges �including wat�r and sewer}, fiines and imp�sitions levied against ❑r on acc�unfi o�the Property� and shall <br /> pay when due a�l claims f�r wvrk d�ne an ar for services rendered �r ma�erial �urn;shed �� th� Properfiy. Trustor <br /> shall maintain the Property�rree �f all liens having priority o�er ar�qual �o the interest af Lender under this ❑eed o� <br /> Trust, except fQr the lien af tax�s and assessmen�s n�� due and except as v�herwise pro��ded in this Deed o� <br /> Trust. <br /> Right tv Cvn�est. Trustor may withh�ld payment of any tax, assessment, �r �(aim in connection vuith a goad faith <br /> dispu�te over the �bligation ta pay, so long as Lender's interest in�he Prap�rty is nat jeopardized. If a lien arises or <br /> is fil�d as a resul� of nanpayment, Trustor shall with�n �Fi�F�een ��5� days affier the lien arises ❑r, if a lien is filed, <br /> within fifteen �15y days after Trustor has noti�e vf the filing. secure the discharge of the lien, ar if r�qu�sted by <br /> Lend�r, deposit with Lender cash ar a sufficient corp�rate surety b�nd ar ather security satisfactv�y tv Lender in an <br /> amount sufficient to discharge th� lien plus any �vsts and attorneys' fees, or o�her char�es tha� could accru� as a <br /> result of a fQrecl�sure or sa�e under�he lien. �n any cvntes�,Trusfior shail defend itself and Lender and shaEl satisfiy <br /> any adv�rs�judgment�efare�nfvrc�ment against the Property. Trus��r shalf name Lender as an aclditional o�ligee <br /> under any surety�ond furnished in fih� �on�est proceed�ngso . <br /> E�idence of Payment. Trustor shall upon demand turnish to Lendsr sa�isfactory e�idence �f payrnent of the fiaxes <br /> or assessmen�ts and shall authariz� fihe apprapriate gouernmental official t❑ deli�er�o Lender at any time a written <br /> statem�nt�f the taxes and assessmen�s against the Proper�y. <br /> Nvtice af Cvnsfiruction. Trustor shall notify Lender at least fifteen ��5� days �e�F�re any work is commenced, any <br /> serWices are furnish�d, or any materia[s ar� suppli�d �o �he Property, if any mechan�c's iien, materialmen's fien, or <br /> other lien c�uld be asserted vn acc�unt of the work. ser�i�es� or materials. Trust�r will upon r�quesfi o� Lender <br /> furnish to L�nder advance assurances satisfaetory to Lender �that Trus�vr can and will pay th� c�st of such <br /> impr�vements. <br /> PR�PERTY ❑AMAGE INSURANCE. The fflllowing pro�isi�ns relating to insuring the Pr�p�rty are a part vf th�s ❑��d of <br /> Trust. <br /> IVlain�enance of Insurance. Trust�r shall pro�ure and main�ain p�licies ofi �ire insuran�e with standard ex��nded <br /> �oWerag� endorsem�n�s on a �fair �alue basis �or the full insurabl� �alue co�ering ail lmprv�ements on �he R�al <br /> Property in an amount su'Ffiicient to aWoid applica�ion vf any coinsurance clause, and with a standard mortga��e <br /> clause in favnr af Lend�r. Trustor shall also procur�and maintain comp��hensive�eneral liability insurance in such <br /> coverage amounts as Lender may request with Trustee and Lender be�ng named as additfanaf insureds in such <br /> fiaioility insuran�� policies. Additianaily, Trus�ar shall maintain suGh �ther insurance, �n�luding bu� not I�mited �a <br /> ha�ard, business interrup�i�n, and boil�r insurance, as Lender may r�asona�ly require. Policies shall be wri��en in <br /> �form, amounts, coWerages and basis reasvnably a�ceptahl� to Lend�r and issued by a campany ❑r companies <br /> reasonably acceptab�e t� Lend�r. Trustor, upon request of Lender, will deliWer ta Lender �ram time to tim� th� <br /> palicies ar certificates o��nsurance in �orm satisfact�ry to Lender, including s�ipulations that coWerages wifl not be <br /> cancelled or diminished wi�hout at feast ten ���3 days prior written no�ice to Lender. Each insurance poiicy als� <br /> shall include an endorsement pro�iding that co�erag� in favor o�Lender will not be impa�red in any way by any aGt, <br /> omission �r defauft af Trustor or any o�her persvn. 5hould the Real Pr�perty be �a�at�d in an area designated by <br /> the DireGt�r o��he Federal Emergency Management Agency as a sp��ial f�ood ha�ard area,Trus��r agrees��obtain <br /> and maintain Federal Flood Insurance, if a�aifabfe, for #he full unpaid princ�pa� bafance of the I�an and any priar <br /> liens an the proper�y securing �he loan, up to �he maximum policy limits set under the Na�ionai Fjood Insuran�e <br />