Laserfiche WebLink
Z�15�5��5 <br /> DEED aF TRUST <br /> {�ontinued� Page � <br /> f <br /> dis�lvsed#o end acknawledged�y Lender in writ�ng, {af neither Trustar nor any tenant, contractor,agent�r othe� <br /> autharized user af#he Property shal�use, generate, rnanufacture, stora, treat, dispose❑f or release any Hazardous <br /> Substan�e vn,under,abvut ar from the Praperty; and tbf any such acti►�ity shall be cflnducted in complian�e with <br /> a�l applicabl+� �ederal, state, and Ivcal laws, regufations and ordinances, in�luding withaut timitatian al! <br /> En�iranrnental Laws. Trustor authorizes Lender and its agents to enter upan the Praper#y to make such <br /> inspectivhs and tests, at Trus�or's expense, as Lender may deam apprvpriate to determine campliance of the <br /> Property with this section of th� Deed of Trust. Any inspections ar �ests made by Lender shall be for Lender's <br /> purposesson�y 8nd shall nvt be construed tv crsate any respflnsibility or liability an the part of Lender to Trustar or <br /> • to any other p+�rsvn. The fepresentatians and warranties conta�ned herein are based ❑n Trustar's due difigence in <br /> in�estigatittg t�e Property for Hazardous Substances. Trustar hereby �1 f releases and wai�es any #utur� cla'rms <br /> �gainst Ler���r far indemnity or contributian in the e�ent Trustor becornes I�able for cleanup ar❑ther casts under <br /> any such�aws; and {2y agrees to indemnify,de#end, and hold harmless Lender against any and a�l claims, lasses, <br /> liabi�ities,damages, penalties, and expenses which Lender may dire�tly or indirect�y sustain or suff��resulting from <br /> a breach of�this se�tivn 4f the Deed of Trust �r as � consequence of any use. generativn, rnanufactur�, storager <br /> dispnsa�,re�e��e or�hreatened refease n��urring prior tv Trustor's ownership or interes#in the Property, whether ar <br /> not the same was qr should ha�e been known tv Trustor. The pro�isions of this s�ction ❑�the �eed n#Trust, <br /> including tf�e obiigatian to indemnify a�nd de#end,shalf sunri�e the payment of the�ndebtedness and th�satisfa�tion <br /> and recar���ence vf the lien of this Deed of Trust and shall nvt�e affected hy L�nder's acquisition of any interest <br /> in the Pro�rty,whether by f�reclasure or otherwise. <br /> Nuisance, W�sts. Trustor shalE not cause, cvnduct or perrnit any nuisance nor commit, permit, �r suffer any <br /> stripping o�or waste on ar ta the Property or any portion of the Property. Without limiting the gsnerality of the <br /> fi�regving, Trustor will nat remo�e, or grant to any other party the right to ramv�e, any timber, minerals �in�luding <br /> ❑i!and gasf,�a�I, clay, scoria,soi�,gra�el or rack pradu�ts without Lender's prior wr�tten consent. <br /> Rema�al af�rripro�emerrts, Trus#ar sha!!nat demo�Esh c�r rem��e any Impro►►ements from the Real Property without <br /> � Lender's pr�vr written consent. As a condition to the remvval of any�mpro�ements, Lender may require Trustar ta <br /> make arrangements sat�s#actary ta Lender to replace such impro�ements with �rnprv�ements ❑� at �east equal <br /> , �alue. <br /> Lender's Ri�ht ta Entar. Lender and Lender's agents and representati�es may enter upon the Real Property at a!I <br /> reasonable tim�es ta attend ta Lender's Enterests and ta inspe�t the Rea! Property for purposes af Trustt�r's <br /> cornpiiance wiih the terms and conditians af this❑eed of Trust. <br /> Campli�nce vrtith Go�ernmental Requiremants. Trustoc sha�l prarnptly camply with a!I laws, ordinances, and <br /> reguiatians. now or hereafter in effect. of afl gvvernmentaf auth�rities applicable to the use or accupancy of the <br /> Property. inctu�d�ng withou# limitation� the Americans Vllith Disabilities Act. TrustQr may cvn�est in good �aith any <br /> su�h law, ordinan�e, or reguiatian and withhold compl��n�e during any pr�ceeding� including apprvpriate appeals, <br /> so lang as Trustor has natified Lender in writing priar to doing so and sa long as. in Lender's svfe apinivn, Lender's <br /> ' interests in the Praperty are n�t jeopardiz�d. Lender may require Trust�r to pvst adequate security or a surety <br /> bond, reasanabfy satis#actvey to Lender,to protect Lender's interest. <br /> Duty to Pr�tect. Trustar agrees neither to abandon vr lea�e unattended the Praperty. Trus#ar shall do alt other <br /> 8Ct5, in addition ta thase a�ts set farth ahove in this seatian. which fram the chara�ter and use af the Property are <br /> reasonably necessary ta pratect and preser�e the Property. <br /> DUE�N SALE-C�NSENT BY LENDER, Lender may, at Lender's aption, declar�imrnediately due and payable all sums <br /> secured by th�s Dsed af Trust upon the sale or transfer, withaut Lender's priar written consent,�f all ar any part af the <br /> Real Prvperty. or any inte�est in the Rea! Property. A "sale ar transfer" means the conveyance o#Reai Property or any <br /> rfght, title or interest in the Real Praperty: whether legal, beneficial or equitable; whether �aluntary ❑r in�ofuntary; <br /> whethgr hy nutright saie, deed, installment sale cantract, land cflntract, contract fnr deed, leasehvld interest with a <br /> terrn greater then tl�ree �3y years, lease-apt��n cvntract. vr by sale, assignment. or transfer of any beneficiaf interest in <br /> or to any I�nd trus#holding title to the Real Property, ar by any ather method o�cvn�eyance of an interest in th� Rea� <br /> Pr�perty, ff any Trustor is a corpvration. partnsrship �r lim'rted liabifity c�mp�ny, transfier also includes any change in <br /> awnership of more th�n twenty-#i�e percent tZ5°/v�of the votin9 stock, partnership interests or limited liab�lity company <br /> interests, as the case may be, vf such Trusxor. H�we�er, this option shall not be exercised by Lender if such exercise <br /> is prahi�ited by federa!�aw❑r by fVebraska law. <br /> TA�ES ANf] LEENS. The faElowing pro�isions relating to the taxes end liens on the Property are part of this Deed af <br /> Trust: <br /> Payment. Trust�r shaf�pay when due �and in all e�ents prior to definquency� alf taxes, special taxes, assessments, <br /> charges �inctud�ng water and sewer�. �ines and impositi�ns le�ied against or on account of the Prvperty, and shall <br /> pay when d�e all claims for work done on ar for services rendered vr material furnished ta#he Prvperty. Trustvr <br /> shafl maintain the Property free o#all liens ha►►�ng ptiority aver or equal ta the interesx of Lender under#his Deed of <br /> Trust, except for the lien of taxes and assessments nat due and except as otherwise pra�ided in #his Deed ❑f <br /> Trust. <br /> Righ#to Contast. Trus#or may withhvld payment of any tax, assessment. ar�laim in connectian with a gavd faith <br /> dispute o�er the abfigatian to pay, so long as Lender's interest in the Praperty is nat jeopardEzed. !f a lien arises ar <br /> is fifed ss e result ot nonpayment, Trustor shall within fi�teen {15y days aft�r the lien arises or. i# a lien is tiled, <br /> withln fif�teen (15� deys after Trustor has notice of the filing, secure the discharge of the lien, or if requested hy <br /> � Lender,deposit with Lender cash vr a sufficient corporetg surety band vr other securEty satisfactory to Lender in an <br /> amount sufficient to discharge the lien pfus any costs and attorneys' fees, or othgr charges that could ac�rue as a <br /> result of a f��eclasure ar sale under the lien. In any contest,Trustvr shall defend itself and Lender and shafl satisfy <br /> �ny ad�erse judgment be�ore enfvr�ement against the Property. Trustvr shall narne Lender as an additivnal obiigee <br /> under any surety b�nd furn�shed in the c�ntest proceedings. <br /> � E�idence vf Peyment. Trustar shaff upon demand furnish to Lender satisfactary eWidsnce of payment af the taxes <br /> ar assessments and shal�autharize�he apprapriate gvvernmenta�official to delE�er to Lender at any time a written <br /> statement of the taxes and assessments against the Property. <br /> Natice o#Constructivn. Trustor shall notify Lender at lees�fifteen �'f 5� days befare an�work is camrnenced, any <br /> ser�i�es are f�rnished� or any materials are supplied ta the Property, if any mechanFc's IEen, rnaterialmen's �ien, or <br /> other lien cauld be asserted on account af the work, ser�ices, or materials. Trustar will upon request❑f Lender <br /> furnish tv Lender advance assurances satisfactvey to Lender that Trustor can and will pay the C�st of such <br /> imprv�emen#s. <br /> PR�PERTY DAMAGE INSURANCE. Thg fallowing pro�isinns relating ta insuring the Praperty are a par�of#his Dsed of <br /> Trust. <br /> Maintenancs af Insurance. Trustor shall pracure and maintain palicies of fire insurance with standard extended <br /> �a�erage endarsements on a replacement bas�s for the 'full insurable�alue cv�ering all Impr���ments on the Real <br /> Property in an amaunt sufficient t� a�oid appficati�n o'F any cvinsurance �lause, and with a standard mvrtgagee <br /> �lause in favvr of Lender. Trustor shall als❑ prvcure and maEnta�n comprehensi�e general liabil�ty insu�ance in such <br /> co�erage amoun�s as Lender may request with Trustee and Lendar be�ng named as additiona� insureds in such <br /> liability insuran�e policies. Additionally, Trustor sha�! maintain such o#her insurance, including but not iimited t❑ <br />