Laserfiche WebLink
��14��114 <br /> DEED �]F TRUS1" <br /> Laan IVo; 'f�'I Z�'�'I�5 ��o�tinued� Page 3 <br /> Praperty� including with�ut lim�tatian, the Americans With Disabilities Ac�, Trus�ar may contes� in good �aith any <br /> such law, �rdinan�e, or regulafion and withhold camp�iance during any proce�din�, �n�luding apprQpriat� appea�s, <br /> sv Iong as Trustor has noti��ed Lender in writing privr to dfling so and so long as, in Lender's sole opinian, Lender's <br /> interests in �he Property are no� jevpardized. Lender may require Trustar ta pos� adequate security ar a surety <br /> bond, reasona�ly satisfactQry to Lender,#o protect Lender's interest. <br /> ❑uty to Prtitect. Trus�ar agrees neither to abandon or lea�e un�ttended the Prvperty. Trustor sha�l do all other <br /> acts, in addi�ion t❑ those a�ts set far�th ab��e in�his section, which from �the �harac�er and use n��he Property are <br /> reasanably nec�ssary to pr�tec�and preserve the Prop�rty. <br /> DUE QiV SALE - C�IVSENT BY LENDER. Lender may, at Lender's �ption, dec�are immedia�ely�ue and payable ail sums <br /> secured by�his Deed of Trust upon�the safe or transf�r, withaut Lender's prior written consen�� vf al1 ar any part af the <br /> Rea� Praperty� vr any interesfi in the Real Proper�y. A "sale or transf�r" means�he con�eyan�e �f R�al Property or any <br /> right. title or interest in the Real Property; wh�ther �egal, �enefi�ial or �quitabl�; whether vo�untary or inWolun�ary; <br /> whsther by �utright sale, d�ed, ins�tallment sa�e contract. land contrac�� cantract �nr d�ed. feasehold interest with a <br /> term �reater than three �3y years, lease�option contract, or by sa1e, assignmant, or�ransfer af any benefi�ial interest in <br /> or to any �and trust holding title to the Real Proper�y, vr by any �ther me�had of conWeyance of an interest in �he Real <br /> Praperty. If any Trustor is a cvrparatian, partnership or limited liahi[ity campany, trans�er also includes any change in <br /> vwnership of mare than twenty-fii�e percent t�5°/o� af th�vo�ing stock, partnership in�erests nr limited liability campany <br /> interests, as the �ase may be, �f such Trustor. HoweWer, this option shall no� b� exercised by Lender �fi such exerc�se <br /> is prohibited by federal law or�y Nebraska law. <br /> TAXES AND L[ENS. The following pro�isions r�lating to �the taxes and liens on �he Prvperty are par� of this �eed of <br /> Trust: <br /> Payment. Trus�or shal[ pay when due {and in all ���nfs prior to delinquency� a11 taxes, specia[taxes, assessments, <br /> charg�s �in�luding water and sewer�, fines and impositions �e�ied against ar an ac��un�t of�he Property. and shall <br /> pay when due ail �laims for work done �n or�ar services rendered ar material �urnished to �he Pr�perty. Trus��r <br /> shal� maintain the Property free �f all liens ha�ing priarity��er or equal to the int�rest vf Lender und�r�his D�ed af <br /> Trust� except �or the li�n af �axes and assessments n�� due and except as otherwise proWided in th�s Deed af <br /> Trust. <br /> Right to�ontest. Trus�ar may withhold payment�f any tax, assessm�nt, or claim in connection with a gQvd faith <br /> disput�o�er the abligation tv pay, so lang as Lender's interest in the Prvperty is nvt jeopardi�ed. �f a lien arises ar <br /> is �iled as a r�sult o�F nonpayment, Trustor shall within fifteen ��5} days after �he lien arises or, if a lien 15 f�led. <br /> within �Fifteen {1�} days af�er Trust�r has notice of the �F�ling, secur� the dis�harge of�he fien, nr if requested by <br /> Lender. de�asit with Lender cash or a suf�ic�ent corporat� surety band ar o�her security satisfact�ry t� Lender in an <br /> amount sufficien�t� �ischarge fhe lien plus any cas�s and attarneys' fe�s, or other charges �ha�could accrue as a <br /> result�f a forecl�sure or sale under the �ien. in any contest, Trus�ar shall def�nd itself and Lender and shalf satis�y <br /> any adverse judgment before enfarcem�nt agains�the Property. Trustor shall name Lender as an add�ti�nal �bligee <br /> und�r any sure�y bond furnished in the �ontes�proceedings. <br /> E�idence vf Payment, Trustvr shall upon demand furnish ta Lender satisfactary e�idence of paymen� �f the taxes <br /> ❑r ass�ssments and shall author�ze the appropriat� gov�rnmenta� �fficial �o deli�er to L�nder at any time a written <br /> statement o�th�taxes and assessments against th� Prvperty. <br /> Natice of Cvnstru�tion. Trustor shalE notify Lender at least fifteen {�5} days be�ore any worl� is cammenced, any <br /> ser��c�s ar� �Furnished, or any mat�rials are supplied to �th� Property, if any mechanEc's [ien, materialmen's lien, ar <br /> other lien cauid be assert�d on accaunt of �he work, ser�i�es, or ma�terials. Trustar wil� upon request of Lender <br /> furnish t� Lender ad�ance assurances sa�is�Fac�tory ta Lender tha� Trus�or can and will pay the cos� o� such <br /> impro�ements. <br /> PR�PERTY DAMAGE INSl1RAN�E, The failowing pr�visions relating to insuring �he Praperty are a part af this D�ed af <br /> Trust. <br /> Nfain�enance o� lnsurance. Trustor shall pracure and main�ain policies of fire insuran�e with standard extend�d <br /> Go�erage endorsements on a fair Walue basis for th� full insurab�e �alue c�vering all {mpro�ements on the Real <br /> Praper�y in an amvunt sufficient ta a�aid applica�ivn flf any cainsurance clause, and wi�h a s�andard mortgagee <br /> clause in faWor of Lender. Trustar shall also pracure and main�ain c�mpreh�nsive general liability insurance in such <br /> cavera�e amounts as Lender may request with Trustee and Lender being named as addi�ional insureds in such <br /> liability insurance pvlicies. Additionally, Trustar shall maintain such o�her insurance� En�luding but not fimited �a <br /> ha�ard, busin�ss in�erruption, and bviler insuran�e, as Lender may reasonably require. Policies shal� be written in <br /> �Form, amounts, cov�rages and basis r�asonably acceptable �o Lender and issued by a company or companies <br /> reasonably a�c�pta�le tfl Lender. Trustar. up�n request of Lender, will deliver to Lender from time ta time th� <br /> polici�s or certi�i�ates �f insuran�e in form satisfactory to Lender, inc�uding stipulati�ns �ha�coverages will not be <br /> can�elled vr diminished wi�thQut at leas� t�n �1�} days prior writ�en notice �o Lender. Each insuranc� policy alsa <br /> shall include an endarsem�nt praviding�that cov�ra�e in#a�or o�Lender wilf not �e impaired in any way by any act. <br /> amissivn or default of Trustor or any other person. 5hould the Real Praperfiy b� locat�d in an a�-ea designat�d by <br /> �he Director of�he Federal Em�rg�ncy Management Agency as a spec�al fl�od hazard area, Trus�vr agrees to abtain <br /> and maintain Federal Flood Insurance, i� a�ailable, within �5 days after nv�ice is gi�en by Lend�r�hat�he Proper�ty <br /> is located in a special f�ood ha�ard area, �or the fu11 unpaid principal balance af the loan and any prior liens on the <br />