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��14�45�7
<br /> v�E� �F ��u��r
<br /> ���r�ti�ued} Pag� �
<br /> Lender may deem appropria�te �o determine compliance of the Pr�perty wi�h this section of the Deed o� Trust.
<br /> Trustvr herehy �1} releases and wai�es any future claims against Lender for indemni�y vr contribution in the e�ent
<br /> Trus�vr b�cvmes liab�e for cfeanup or other costs under any such [aws, and ��� agrees ta indemnifiy, de�end, and
<br /> hQ[d harmless Lender against any and a[� claims and losses resulting from a brea�h�f this paragraph of the Deed of
<br /> Trust. This obligatian to indemnify and defend shaf[ sur�i�e the payment of the Indeb�edness and �he satis#ac�ion
<br /> of this Deed o�Trust.
<br /> DUE �iV SALE- C�NSENT BY LENDEIR. Lender may, at Lender's option, declare immediately due and payable aff sums
<br /> secured by this Deed �f Trusfi upon the safe vr transfer, without Lender's prior written cansen�, o�f all or any part of the
<br /> Real Property, �r any interes� En th� Real Pr�per�y. A "sa[e �r transfer" m�ans the con�eyance of Real Froper�y ar any
<br /> right, title or interest in �the Real Proper�y; whether legal, beneficial or equitable; whether �olun�ary or in�o�untary;
<br /> wheth�r by outrigh� sale, deed, installment sale contrac�, land contract, con�rac� for deed, leasehvld interest with a
<br /> term great�r than three �3� years, leas��option cvntract, or E�y sale, assignmen�, �r transfer of any benefi�ial interest in
<br /> vr t� any [and �rust hv�ding title tv the l�eal Property, or hy any other m�thod of con��yance of an interest �n the Real
<br /> Property. If any Trust�r is a �vrporation, partnership �r limited [iabi�ity campany, trans�er als� includes any change in
<br /> ownership of mare than twenty-five percent �25°/0} o�the Wating s�ack, partn�rship interests or limited �iability company
<br /> in�erests, as the case may be, of such Trustor. Hvwe��r, this aptivn shall not be exercised by Lender if such exercise
<br /> is pr�h��ited by�Federal law�r by Nei�raska 1aw.
<br /> TAxES AN❑ LIENS. The fvllowing pro�isions refat�ng tv the taxes and liens ❑n the Property are part of#his C]eed of
<br /> Trust:
<br /> Payment. Trustor shall pay when due �and in all e�ents prior�rv de[�nquency} all taxes, special taxes, assessments,
<br /> charges ��ncluding water and sewer�, f�nes and impositions le�ied against ar on account of the Prope�ty, and shall
<br /> pay when due all claims fvr work done on vr for ser�ices rendered ❑r mat�riaf furnished to �he Property. Trustor
<br /> shall maintain the Property free of all liens ha�ing priorifiy��er or equal to the inter�s��f Lender under this Deed of
<br /> Trust, except �or �he fien of �axes and assessmen�ts no� due and except as ❑therv�rise provided in this Deed of
<br /> Trust.
<br /> P�C�PERTY DAMAGE INSURANCE. The �rolfvwing pro�isions relating tv insuring fihe Property are a part o#this Deed af
<br /> Trus�.
<br /> Main�enance of Insurance. Trustor sha�l procure and main�ain pali�ies of fire insurance wi�h standard ext�nd�d
<br /> co�erage end�rs�ments on a replacement basis �ar the full insurai�le vafue �o�ering ali Impro�ements on the Real
<br /> Prop�rty in an amount suf�icient �to a��id applicativn of any coinsurance c[ause, and with a standard mortgage�
<br /> clause in fa�or a-�Lender. Trus�or sha[[ also procure and maintain comprehensi�e general liability insurance �n such
<br /> coWerage amounts as Lender may request with Trustee and Lender being named as additional insur�ds in such
<br /> liabifi�y insurance poli�ies. Additiona�ly, Trust�r sha[[ maintain such other insurance, including but nat fimited to
<br /> hazard, business in�erruption, and boiier insurance, as Lender may reasonably require. Policies shall be written in
<br /> form, amounts, coverages and t�asis reasanably acc�ptab[e �o Lender and issued by a company or companies
<br /> reasanab[y acceptable t❑ Lender. Trustvr, upon request o� Lender, will del��er to Lender from �ime tv time �he
<br /> p��i�ies vr certificates of insuran�e in form satisfactory t� L�nder, inc�uding stipu[at��ns that �a�erages wil! not be
<br /> can�ell�d or d�minished without at leasfi �en �10} days prior writ�en notiCe to Lender. Each insurance policy also
<br /> sha11 include an endorsement pr��iding thafi co�erage �n fa�o�❑�F Lender will not be impair�d in any way by any act,
<br /> omission or defaul�o�Trustor or any ather person. Sh�u[d the Rea[ Praperty be [acated in an area designa�ed by
<br /> the Adm�nistrat�r of the Fed�ra� Emergency Management Agency as a special f�ood ha�ard area, Trustor agrees tv
<br /> ❑h�ain and rnaintain Federa[ Flovd Insurance, if a�ailable, f�r the fu[� unpa�d principa[ balance o�f the �aan and any
<br /> prior [iens �n the property se�uring the loan, up to �he maximum pa�icy limits set under the Na�ional Flovd
<br /> lnsurance Program, ar as❑therwise requ�red hy Lender, and to main�aEn such insurance for�the term o�the Ivan.
<br /> LENDER'S EXPEN[]ITURES. [f any action �r procesding is cvmmenced that woufd materially a##ect Lender's interest in
<br /> �he Property or if Trustvr�ails t� cvmpiy with any prv�ision of this Deed of Trust ar any Rela#ed Dacumen�s, including
<br /> but not limited to Trustor's fai[ure to discharge or pay when due any amoun�s Trustor Es required to dis�harge or pay
<br /> under�his Deed o�Trust or any Re�ated Dacuments, Lender on Trust�r's behalf may �but shall no�be obfigated to� take
<br /> any ac�ion that Lender deems appropriat� �n fihe Property and paying all cos�s for insur�ng, main�aining and preser�ing
<br /> the Praperty, Afl such expenditures incurr�d or paid by Lender �or such purposes wi�i then bear interest at the rate
<br /> charged under the Nvte from the da�e incurred ar paid by Lender to the date of repaym�nt by Trustor. All such
<br /> expenses will become a part of the Endeb�edness and, at Lender's op�ian, will �A� be payable on demand; �Bf be
<br /> added to the balance af�he Note and be appartivned among and he payable with any instafEment payments t� beGome
<br /> due during either {1� the t�rm a# any app[�cab[e insurance pvficy; or 42� the remaining term of the Nvte; vr ��} be
<br /> treated as a bal�von payment whi�h will �e due and payahle at the Note's maturi�y.
<br /> 1NARI�ANTY; DEFENSE�F TITLE. The�vllo�nring pro�isions rela�ing to ownership af the Prvper�y are a parfi o�this Deed
<br /> o�F Trust:
<br /> Title. Trustor warrants that: ta} Trus�ar holds gvod and marketable titfe of record to the Property in #ee simple,
<br /> fr�e and c[ear of all liens and encum�rances other than thos� s�t �orth in �he Real Proper-ty descrip�ion �r in any
<br /> title insurance policy, �itle report, or f�naf tit[e opini�n �ssued in faWor of, and accep�ed by, Lender in cvnnec�ion
<br /> with thfs Deed of Trust, and �b� Trustor has the full right, pvwe�, and authori�y to execute and deli�er this Deed vf
<br /> Trust ta Lender.
<br /> Defense v# T�ti�. 5ubject to the excep�ion in the paragraph abo��, Trustar warrants and will fore�er de�end the
<br /> �itle to the Prop�rty agains��he lawful claims vf all persons.
<br /> EVE�VTS DF [7EF�4ULT. Each o��he fo�[�wing, at L�nder's vption, shall cons�itu�e an E�en� of Default under this Deed
<br /> ❑f Trust:
<br /> Paym�nt Defauit. Borrow�r�a�ls�o make any payment when due unde��he [ndebtedness.
<br /> atner De�Fautt. Trus�ar faifs to comply with any�ther term, obfigat�on, cv�enant or canditi�n contaEned in this Deed
<br /> o�F Trus�or in any of the Relat�d Docum�n�ts.
<br /> Cvmpfian�e Default. Failure tv comp[y wi�h any ather term, vbl�gatian, co�enant or cvndition c�ntained �n thEs
<br /> ❑eed o�Trust,th� Note or in any of the F�elated Dacumen�s.
<br /> Defaul�an Other Payments. Fai[ure vf Trustor wi�hin-the time required by�h�s I�eed of Trust tv make any paymen�
<br /> for�axes vr insurance, or any other payment necessary to pre�ent filing of or to�ffiect discharge a#any lien.
<br /> De#au�t ir� Fa�vr of Third Parties. 5houid Borrower vr any G rantor defau[t under any lvan, extension of credit,
<br /> security agr�em�nt, purchas� vr safes agreement, or any ❑�her agreemen�, in fa�or o� any o�her credit�r flr person
<br /> that may materiaC[y affect any �f Borrower's flr any Grantor's prvper�y ❑r B�rrower's abifEty ta repay the
<br /> �ndeb�edness or Borr�wer's or Grantor's ability to per#orm therr resp�cti�e obligations under this Deed of Trust or
<br /> any re[ated dvcument.
<br /> Dea�h or Ensvl�rency. The dissolution o� Trus�t�r's {regardless o�f whether elecfiion tv con�inue is madey, any
<br /> member wi�hdraws from�he limited liabifi�y company, or any�ther fiermination vf Borr�wer's or Trust�rrs existence
<br /> as a going business or the d�ath v� any member, �he insol�ency vf 6vrrvwer or Trustor, the appoin�ment of a
<br /> recei�er fvr any part o� gorr�wer's or Trustor's proper�y, any assignm�nt for the b�nefit Q� credit�rs, any type af
<br /> creditor w�rkou�, vr�he cammencemenf of any prviceeding under any bankruptcy vr insol�ency laws by or agains�
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