��14�793�
<br /> �]EE� �F 1"R�JST
<br /> Loan No: "I(�1281717 ���nti�ued� Page 3
<br /> interests in the Prvp�rty are no� jeopardized. Lender may require Trus�o�- to p�s� adequate se�urity vr a sur�ty
<br /> band, r�asonab�y satisfacta�y to Lender, to protec� Lender's interest.
<br /> Duty to Pro�ect. Trustar agrees neither to abandon or lea�e una�tended the !'�-operty. Trustor shall do all ath�r
<br /> ac�s, in addition���hos� acts set�orth ab�ve in this section, which �rom the charac�er and use of the Praperty are
<br /> reasonably n�c�ssary�v prot�c�and preser�e the Property.
<br /> i]UE �N SALE-��NSENT BY LENDER. Lender may, at Lend�r's ❑pti�n, d�clare immediafiely due ancl payable all sums
<br /> secured by this D�ed o�Trust upan the saie or transf�r, withaut Lender's p�ior written consen-�, vf all or any par�af the
<br /> R�al Praperty, or any in�erest in the Real Prop�rty. A "sale �r transfer" rneans the con�eyance of Rea� P�-operty or any
<br /> right, title or interest in �he Rea� Property; whether fegal, beneficial a� equitabl�; whether �oiuntary a� inWolunta�y;
<br /> whe�h�r by outright sale, deed, installment sale contract, land contrac�, contract for deed, leasehvld in��rest wi�h a
<br /> term gr�afier�han�hree �3y years, leaseWflp#ion cflntract, or �y sal�, assignm�n�, or trans�er of any bene�i�ial interest in
<br /> �r to any land trust holding title to the Real Property, ar by any other method ❑f conveyance of an in�erest in the Reai
<br /> Proper�y. However, this option shall not be �xercised by Lender �f such exercise is prohibited by �ederal law or by
<br /> Nebraska law.
<br /> TA�CES AND LIENS. The �allowing pro�isions r�lating to the taxes and iiens on the Property are part of�his aeed o�
<br /> Trust:
<br /> Paymen�. Trust�r sha�l pay when due 4and in all e�ents prior to�lelinquen�y} al�taxes, special taxes, assessments,
<br /> �har�es �including wa�er and sewer}, finss and impositions le�fed a�ainst �r on account afi�he Proper�y, and sha�l
<br /> pay when due ali claims for work done on ar �f�r ser�ices rendered �r ma�eria� furnished to fihe Property. Trustar
<br /> shall maintain the Praperty fir�:e af a!l liens ha�ing priority over or equal to the inte�-est ot Lender under this De�d of
<br /> Trust, excep� for �he �ien �f tax�s and assessments not du� and except as otherwise pro�ided in trli5 Deed of
<br /> Trus�.
<br /> Right to Con�test. Trustor may wi�hhold payment o�F any tax, assessment, or claim in cflnnec�ion with a g4od faith
<br /> dispute ov�r the ohliga�ian to pay, so long as Lender's interes�in the Pr�perty is not jeopardized. If a lien arises or
<br /> is filed as a result vf nvnpayment, Trustor shall within fi�teen t15� da}rs a��ter the lien arises or,_if a lien is filed,
<br /> within fifteen 415y days af�ker Trustvr has natice o� the filing, secure the discharge a� th� lien, or if reques�ed by
<br /> Lender, depvsit with Lender cash or a sufficient corporate sur�ty bond ❑r�ther security satisfactory ta Lender in an
<br /> amaunt suf�icient to discharge the iien plus any costs and a�torneys' f�es, or o�her charges that cvu[d accrue as a
<br /> result of a foreclasur�or sale under the lien. En any contest,Trustor shall defend itself and Lender and shall satisfy
<br /> any ad�erse judgment before enfvrcement agains�the Prap�rty. Trustar sha�l name Lender as an additional o�lige�
<br /> under any surety bond�urnished in the cvntest pro�eedings.
<br /> E�idence of Payment. Trust�r shall upan demand �urnish to Lender satisfactary evidenca o� paymen� vf the taxes
<br /> . or assessments and shall authari,�e the appropriate governmental of�i�ial to deli�er to Lender at any tim� a wr�tten
<br /> statemen�of the taxes and assessments against the Property.
<br /> iVot`rce of Constru�tion, Trus�t�r shaEi notify Lend�r at least �ifteen �15y days laefore any work is cammenced, any
<br /> ser�sces are �u�nished, or any materia�s are suppiied to the Praperty, if any mechanic's lien, ma�erialmen's lien, or
<br /> a#her lien could be asser�ed on accaunt of the work, ser�ices, �r ma�erials. Trus�kar will upan request o� Lender
<br /> furnish tv Lender ad�ance assuran�es sa�is�actory to Lender that Trustor can and wi�l pay �he cast af such
<br /> impro�ements.
<br /> RR�PERTY QAMAGE [NSURAIVCE, Th� fflllowing prv�isians r�lating to insuring the Property are a part o�this D�ed �f
<br /> Trust.
<br /> Ma�ntenance of �nsurance. Trustar sha11 procure and maintain policies of fire insurance with standard extended
<br /> cv��rage endorsements vn a fair valu� basis fa�- �he full insurable �alue cavering a!I Impravements on the R�al
<br /> Proper�y in an amvunt suf�F�cient t� a�oid appl��ation of any coinsurance clause, and with a standard mortgagee
<br /> clause in fa�ar o�Lender. Trustor shall also procure and maintain comprehensive general liability insurance in such
<br /> caverage am�unts as Lender may reques�t wifh Trustee and L�nder being named as additianal �nsur�ds [n such �
<br /> liabifi�y insurance po�i�ies. Additionaliy, Trustor shal! maintain such other insurance, inc�u�ling but not limited to
<br /> hazard, business interruptian, and boiler insurance, as Lender may reasonably require. Poli�ies sha�l �e written in
<br /> form, amvunts, coverages and basis reasanably accep�table tv Lender and issued by a company or companies
<br /> reasonably acceptahl� to Lender. Trus�ar, upan request of L�nder. will deli�er to Lender �r�m time to �time the
<br /> policies vr cer�i�icates v�insurance in f�rm satis�actory to Lender, in�ludin� st�pulations that co�erages wi[I not be
<br /> cancell�d or diminished without at least��n {1�} days prior wri��en natice to Lend�r. Each insurance palicy also �
<br /> shall inclu�le an endorsement pr��iding that coverage in favor of Lender will not i�e impaired in any way by any act,
<br /> amission or de�ault of T�ustor vr any o�h�r person. Should the Real Proper�y �e lacated in an area designat�d �y
<br /> the Administrator o�the Federal Emergency Mana�ement Agency as a spe�ial �lood hazard area, Trustor agrees ta
<br /> obtain and maintain Federal Flood lnsurance, if a�aila�le, �or the fuli unpaid principai balance of the Ioan and any
<br /> pr�or liens on fh� praperty se�uring �he loan. up to the maximum palicy limits set under �the Na�ional Flood
<br /> Insurance Pragram, or as�therwis� requir�d by Lender, and ta maintain such insurance far the term of�he [oan.
<br /> Application of Proceeds. Trustor shall pramptly notify Lender of any I�ss or damage to th� Property. Lender may
<br /> make prvof of lass i� Trus�or fails to �o so within fifteen {15} days of the casualty. Vllh��her �r nat Lender's
<br /> secur�ty is impaired, Lender may, a� Lender's e�ec�ion, rece��e and re�ain the proce�ds of any insurance and appiy
<br /> the prflceeds to the reduction a� the Indebtedn�ss, payment o� any lien affecting the Proper�y, ❑r the restorati�n
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