��14�7���
<br /> D��Q �� `�RUS�'
<br /> Loan No: 10'12?8?38 ���11t��u��� Page 3
<br /> whethe� by outr�g�t sale, deed, ins�al�ment sale Gantract, land �antrac�, �ontra�t f��d�ed, lea�s�hold interesi witt� a
<br /> term g�eater than ihr�e{�}years, lease�-option contract, or by sa��e,assignrr��ni,�r transf�r of any b�n�fi�iai�nt�r+�st in
<br /> ar ta any land trust holding title to th� Rea� Prop�rty,�r f�y any aiher m�thod ��con�eyan�e of an iniersst ir� f.�� Real
<br /> Property. Howe�er, it�is aptian shall not be execcised by L�nder �f such �xercise is pr�hibited by federa� [aw Qr by
<br /> Nebraska law.
<br /> ��4�C�S ANQ LEEhlS. Th� f�llawing pro�isiQns r�lst�ng to the iaxes and liens on the Properly are p�rt vf tt�is �eed o�
<br /> Trust:
<br /> Payment. �'ru:��tyc ��!��L�}a��wh�n dc�e (ar�d ir3 �.11��.��:;3t�;7ric�r t��elinquen�y�t�;�l<ax��;, s;�c:c:Fal taxes,asseSSrr�Lr3l..:.
<br /> r:s��rc��s {in��u���g w�tc�r�a.,f� s��vc�r}, fr�es a�d in���asi�:t�;:4.t�-�:r;c�r��gainst o�on acc�u�:� c s; �;�r� Prop�r�y, and shall
<br /> ;��:� ::�;��:�ti due af�c�aims !Ur t���:�;;�. r�.�.,�:� on ar far services r�c,c�:;��_�:� ��� rn�rt�riaE furnished iu �I;�Y I'�;�i?rrly. 7�us#oc
<br /> sh�i. r. .. �'�y=r� ll�e P�'operty T�e�Uf�;�t�:��.=� !ti;���in��ri�rity a��c ar�yu.•:�; !�f s'�s..i�ier�s�ot Ler�d��u��t�t:� l'�i:;[?rr:�i 4f
<br /> �'�ust, �x:.��:;,! ' �r ir�c= li�:n o� taxes 2�d ��.::,t.�:���:���1� :�at due and exc��t ��� crs=�r�t�v��,� �fovided �n t1��5 L�L:c:��f s-�i
<br /> Trt�s�.
<br /> �';ca�si ia Contest. 1'rus[c�r rr��:;�v:`t�l�n�d�ayment of a�y#ax,<����::�s�s�c�ni, ar�ta�m in cor�n�ctiun v��i:��a�aod fait�z
<br /> �isu<<.�� :.:��r�;7e ab��gation ia p�y, .aci I,f::�:�cc !_ende�'s iriter�st i� t��,c3:',���3ert� �s noi�eapard�zed. �i a lEc�;��ri�es o�
<br /> �s ��Eed as 4 �-:.�:,!; a� r��npa�yment, Tru:;t��� �:Iti:�=; within fifte��r� �1�� Q�ys �.�fic:=r t}ic� �i�r� arises or, it a Ei�:r; i=.. i:l��c�,
<br /> wiihin ffte�c7 t�t:.>) r<<y�s�ft�r Trustor has noiiGe c�f �l�F fi�inr�, se�ure th2 d'tsc:li:�r��. cs` t;3� li�n, or if reqia�:r��►ai: �:;-
<br /> l.ender,deposit wi����_�;�acr�asf���r a su�ficient cor�oratc s�,rc;ty b�nrf a�oiher se�u��i}��::ti���-�r.:fA�}�to Lender iE�a��
<br /> :�n7�unl su�ficient ta d�scl�arg�tE7c:I:�r��fi�s �ny�osts Sr�d�::l�;r,.i:r�s'fc�es, or other charges�13�=� c,o���d�ccrue as a
<br /> resul�c�!a�fUrQclosc�r�ar sale unde: il z 3 li��i. �n any contest, ��r�stor�r�<;:�cii�enc:itse�f and Lender ar�d sl��l1 s�tisfy
<br /> any ad��r�e jucl:t:���ni bef�re enfar��rn�nt��<.�insi trze Prope�ty. Yrusior shalt r��n�e Lc�nder as an additio�3<�I o!�!irne
<br /> und�r any surct����►�;�,tf f��nis�gt!in ihe c�r�tesi proc�edir�gs.
<br /> E�ic��nce af Payn��r�t. T�c�slar s����!1 ca�fon demar�d furn�sti ta L�n�nr satisTaciory e�idencc��E��yr��ent of th�taxes
<br /> or a�sessm�nfs and shall au#hc�ri��ti�e �.��ropriate govemr�enlal u�ti;,ial tc��eli�er ta Lender ai ar�y t�r���a wr�tt�n
<br /> stat�rr�en�Uf�I7f:�a�ePs and assessrnen�s��.:ains�#��e P�aperty.
<br /> h�o#E�8 4�ConStructiaf�. '�rustor shall notity Ler��e; at le�st fiflleen�15�days beforF��n�twork is�ammenced, �r�y
<br /> s�rvtces are fumished,or<�ny rnateria�s are s�ppEie�to tl�� Prop�r�y, �#ar�y mechanic's�ien, mat�rialm�n's lien,or
<br /> oih�r I�er��ou�d be assec#ed an ucc.�aur�i o�the work, servEces, or m�tec��ls. Tr��t�r w��l upan ret�c�est of Lender
<br /> furi�i:;�h lr� Le�der a��ance assuranc:es sa�isfaciar� to Lender iha� �rusior can and will pay the cc�st c�f suc�
<br /> impra�er��ents.
<br /> PR�PERTY D�4�I►+tA��Ii�SURAh��. �'he foltowi�g pr4�isior�s rQlating to insuri��th� Property 3re a p�r#�f this De���f
<br /> Trust.
<br /> I�ialnier�ance of Ensuranc�e. Truslar shaf! p�ocr�re and ma�ntain pa�ic+e$ of fir� ins�ran�e wifl� standa�c! e�ci�nd�d
<br /> covsrage endarsemen�s an a Tai� �alue basis far ihe full insurable �a�1ue c�v�ring al� Improv�rn�nts on if�� ��al
<br /> Property ir� an ar+nount�uffici�nt to avaid a}�plicatian of�ny�oin�t�ran�� clac�s�, and w�th a sta�ndar�f morl�age�
<br /> clause t��avar o#Lender,ta�ether with such o�her hazard arrd#�ability in�u�nce as Len�ler ma�y reasanab�y�+equire.
<br /> F�oEicies sha�l� be rrvritten in form, �s npunts, Ca��r�g���nd t�asis reasanab�y acceptable to�.end�r aRd issued by a
<br /> campany a�campanies reasonably a�cepta�le ta �.en�er. Trustor, upon request of Lender, will de�iver to Lender
<br /> from tim�ta lin�� tli�p�l�ci�s�r��rli�icaies flf insuran�e ir� farm satis�aeiory ta L�nder, includ�ng s�cpulat�ons t�at
<br /> coverages wil� r�t l�e car�c�elied or diminish�d withqut at leasi ten='f��days prior writt�n natiee ta Lender. �ach
<br /> insuraric�policy afso shafl�nGiud� an endflrs�ment provid�s�g that caverage in faWor of Lender will not ae im��irEd
<br /> �n any wray by any act,omission�r default o�€Trustar ar$ny o#�her p�rson. Shau�d tt�e R�a� Property be�oca�ed fn
<br /> an area d�$ignai�d by t��Administrat�r a#the Fe��ral �mergency N9ar�agement Ager�cy as a special flaod hazard
<br /> area, Trustar agree� tQ abtain and mainlain Fecfera� fl�ad lnsuranve, if a�ai�able, for the ful� unp�id �rinCipat
<br /> �alance of the loan ar��#any�rior liens on th4 property s�curing the loan,up to ihe max�mum policy��mits se�under
<br /> the hlaiianaE F�oatf Insurance Rrogram, or as otherwise required by L�n��r,antl ta mai�ntain such insurance for the
<br /> t�rm af#he IQafl.
<br /> Applicati�n of Rrac�eds. T�ustor shafi prompily noiify Lender of ar�y IQss Q�damage to tl��P�4perty. �ender may
<br /> rnake proaf af loss if Trustor fails to da s4 within fifteQr� �'I S� days af t�e casualty. Illlhether or not Lender's
<br /> security i$irinp�iretl� �ender may, at Lender's �lection, recei�e and reta�r�the�raceeds af any�ns�rance and apply
<br /> ihe proceeds to f�e r�d�ctiQn af the Inde�t�dness, payment of any lien affectin�t�e Property, ar the restoratian
<br /> and repair of the Pr�periy. �f�ender�E��ts to apply the ��oceeds ta r�starat�on an�repair,Trus�ar shall r�epair or
<br /> r�piace th� damag�d or d�stf4yed �mpravemsnts in a mant�e� sa#isfactory to Len�er, L�n�er shall, upon
<br /> satisfactary proa��f sueh expenditur+e, pay a� r�imburs� Tr�ustor frorrt t}ie �roceeds for the reasonable cost af
<br /> repair ar restoration if Trustor is nai iri de€a�lt under this Deed of Tr�st. Any ��o�eeds which f�aWe nat beer�
<br /> d�st�ursed within �$4 days aft�r their�eceipt a�d wi�ich Lende�has not c�orrt�nitted io th� repair af ne$iora#i�n Qf
<br /> the Pro��rly shalE be use�first#a pay any arx�aunt awing ta�,end�r und�r#his Ueed of T�ust,�en tv pay a�crue�
<br /> �nterest, and tY�s nemainder, if any, shail be applied to the princi�a! balance of the Indebt��n�s$. lt L�nd�r fi�lds
<br /> any praceeds after �ayment in full of the Indebtedness, s�ch praceeds shall �e paid to Tr�rstor as Trusiar's
<br /> i nts rest�rnay appea r.
<br /> L�NDL�l4'S E}CPEidDITf�RES. If Trustar fails �Aj to k��p th� Property fr�e �f a�� ta�xes, liens, sec.�.�rity ir�t�rQsts,
<br /> er�cumb�ances,and other clair�ns, �By tQ�ro�ide�rr�y nequired ins�ran�e an the Property,or {Cy to maks re�airs!o the
<br />
|