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��14�3531
<br /> DEE� �F 1fF�l1ST
<br /> Loan No: 'I�'IZ767�4 {C�]�tinu�d� Page 3
<br /> �vmpiiance with the terms and conditions af this Deed of Trust.
<br /> Complian�e with Ga�ernm�ntal Requiremen�s. Trustor shall pramptly camply with a!1 laws, ❑rdinances, and
<br /> regula�ions, now or herea�ter in effe�t, of al[ governmenta! authorities applicable to the use ar occupan�y o� the
<br /> Prt�perty. Trustor may can�es� in go�d fai�h any su�h [aw, ordinance, or regula�ion and withhold compliance durin�
<br /> any prviceeding, including apprapriate appeals, so lang as Trustvr has notified Lender in writing pri�r to doing so
<br /> and so Iong as, in Lend�r's sol�opinion, Lender's interests in the Praper�y are not�evpardiz�d. Lender may r�quire
<br /> Trus�o��o post adequafie security or a surety bond, reasanably satisfactory to Lender, �v prate�t Lender's in�erest.
<br /> ❑uty to Protect. Trustor agrees nei�her t� abandon or leave unatt�nded the Property, Trust�r shall d� a11 other
<br /> a�ts, in addi�ian�o#hos�acts s�t forth a�ove in�his section, which�rvm the chara��er and use of the Praper�y are
<br /> reasonably nec�ssary t� protect and p�eser�e�he Proper�y.
<br /> DUE�N SALE�CDNSENT SY LENDER. Lender may, at L�nder's �ptifln, d��lare immedia�ely due and payabl� all sums
<br /> se�ured by�his D�ed of Trust upvn the sa�e ar transfer, without Lender's prior writt�n c�nsent, ❑f all or any part v��he
<br /> Rea� Property. or any interest in the Real Prop�rty. A "sale or transfer" means the conveyance of Real Pr�perty ar any
<br /> right, ti��e vr in�eres� in �he Rea[ Property; �rvhether legal, bene�icial or equitable; whether Wo�untary or in�oluntary;
<br /> whether by �utright sale, d�ed, instal�ment sale can�ra�t, land contract, contra�t for d�ed, Eeasehold interes� with a
<br /> term great�r than�hree �3� years, �eas�-�ption contrac�t, �r by sal�, assignment, �r trans�er af any b�neficiai inter�st in
<br /> ❑r to any land trus� ho�ding title to �he Rea! Proper�y, or by any other methad �� con�eyance of an in�erest in the Real
<br /> Property. Haw��er, this aptian shall not be exercised �y Lender if such exercise is prohibited by fed�ra� law or by
<br /> Nebraska law.
<br /> TA�ES AIVD L[ENS. The fo�lowing pr�visions re�atin� to �he �axes and liens an the Property are part of �his Deed of
<br /> Trus�:
<br /> Payment. Trustar�shall pay when due �and in all eWents pr�ar to delinquency} all taxes, special taxes� assessments,
<br /> _ charges {including wa�er and sewer}. fiines and impQsi�ions ie�€ed against or on account of�he Property, and shall
<br /> pay when due all claims for warl� done on ar far ser�ices rendered ar material furnished fi❑ �he Prop�r�y. Trustor
<br /> shail mainfiain the Property�ree af a1l liens ha�ing priar�ty over�r�qua�to th� interest vf Lend�r under�his Deed a�F
<br /> Trus�t. ex�ept f�r the lien of �axes and assessments not due. ex�ept for th� Existing Indebtedness referred �o
<br /> he�aw, and except as ofih�rwis� pro�ided in this Deed a�Trust.
<br /> Right tv Contest. Trustor may withha[d payment of any�ax, assessment, or claim in canne�tian with a good �aEth
<br /> dispute over the obligatinn ta pay, so long as Lender's interest in the Pr�perty is not jeopardized, lf a lien arises�r
<br /> is filed as a r�sult af nonpayment, Trustor shall within fifteen t�5} days after �he li�n arises ar, E� a lien is fiiled.
<br /> within fifte�n �15� �ays a��er Trustvr has natice vf t�te �Filing, s�cure the dis�harge of �he lien, vr if request�d hy
<br /> Lender, deposit with Lender cash or a sufficient c�rporate surety bond or other security sa�isfactvey to Lender in an
<br /> amaun� sufficient�a discharge the lien �lus any cas�s and attorneys' �ees, or��h�r charges that cou[d accrue as a
<br /> result of a foreclflsure or sale under�the lien. ln any�on�es�t, Trustor shall de�end its�lf and Lender and shall satisfy
<br /> any ad�erse judgment befor�enforcemen�against�he Proper�y. Trus�ar shall name Lender "as an additional vb�igee
<br /> under any sure�y�ond furnished in the c�ntest proceedings, � -
<br /> E�idence of Paymen�. Trustor shall up�n demand furnish tv Lender safiisfa�t�ry evidence of payment ��th�taxes
<br /> or assessm�nts and shall auth�rize the appropria�e governmental vff�cial tv deli�er�o Lender at any time a written
<br /> statement�f the�axes and assessments against the Praperty.
<br /> No�ic� of Canstruction. Trustor shal[ notify Lender at least fiifte�n �15� days before:any.w.ork is commenced, any: -. -
<br /> _ . ser�ices are furnished, or any ma�eriafs��are supplied �❑ tha Pr�perty, if any mechanic's-lien, mat�rialmen's-lienr or
<br /> other lien cauid be assertgd on account�o��he work, services, �r materia�s. Trus�or viril� upon request of Lender
<br /> furnish �o Lender ad�ance assurances- satisfac�ory �o Lender fihat Trustvr can and will pay the cost of such
<br /> impro�ements.
<br /> pR�PERTY DAMAGE INSURANCE. The �a�l�wing pro�isions relating t� insuring the Praperty are a part of this Deed a�
<br /> Trust.
<br /> iVlaintenance o� Insurance. Trus�or shall procure and malntain pa[icies of �ir� insurance with standard extended
<br /> coverage endorsemen�s on a fair �alu� �asis for th� full insurable �a�ue cv�ering all Impr�vements an the Rea!
<br /> Prop�rty in an amount suf�icienfi tv avvid appl�cati�n af any c�insurance clause, and with a standard mortga�ee
<br /> clause in fa�ar o�Lender, �age�her wi�h such other ha�ard and I'tability insurance as Lender may reasonably require.
<br /> P�lici�s shall he wri��en in �orm, am�un�s, �oWerages and basis reason�b[y accep�ta�l� to Lender and issued by a
<br /> campany or companies reasonably acceptable �o Lender. Trusta�, upan request af Lender. will de[iver to Lender
<br /> fr�m time �o�ime the policies or�ertificates of insuranc� in form satis�actary to Len�er, including stipulations that
<br /> cvverages vtirill no� b� cancelled ar diminish�d with�ut at ieast tsn �1�y days prior wri��en notice t� L�nder. Each
<br /> insurance policy also sha�[ include an end�rsement pro�iding that ��verage in fia�or o�F Lender will not be impaired
<br /> in any way�y any act, �missian or��fiault❑f Trustor or any other persan. Should the Rea� Praperty be loca�ed in
<br /> an ar�a d�signated by the Administra�ar of the Federal Emergency Managemen� Agency as a special fload hazard
<br /> area, Trustor agrees �t� obtain and main�ain Federal Flo�d lnsurance, if a�railable, for �he full unpaid principal
<br /> �alance of�h�laan and any priar liens on the property securing the Ioan, up�❑the maximum policy�imits set und�r
<br /> the Natsonal F[ood Insuran�e Pragram, �r as other�rvise re�uired �y Lender, and �o maintain su�h insuran�e f��the
<br /> term a�the �oan.
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