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��15�5�73
<br /> DEE� �F TRUST
<br /> ��ont�nued� Page �
<br /> Environmental Laws. Trus�or author��es Lender and its agents to enter upon the Pr�pert�,� to make such
<br /> inspectivns and tes�ts, at Trus�or's expense, as Lender may de�m appr�priate ta determine c�mpfiance o� the
<br /> Prvperty with this se�tion vf the De�d of Trust. Any inspectians or tests made by Lender sh�l! be �vr Lsnder's
<br /> purposes only and �haf[ no�be construed to �r�ate any respansih��ity or liability vn the part of L�rider to Trust��ar
<br /> ta any ❑�h�r persan. The re�resentat�vns and warranties contained herein are based an Trus�ar';5 due diligence in
<br /> in�estigating the Property �oE� Ha�ardous �ubstances. T�ust�r hereby ��y releases and wai�es any �uture claims
<br /> against Lender for indemnity or Gontribu�i�n in the e��nt Trustor ��com�s �iable for �leanup or �ther cvsts under
<br /> any su�h laws; and (Zy agrees ta indernni�y, defend, and ho�d harmless Lender against any and��II claims, losses,
<br /> liabilit�es, damages, penalties, and expenses which Lender rnay directly or indire�#!y sustain or suffer resu�ting fram
<br /> a breach of this se�tian �fi the Deed of Trust or as a consequ�nce of any use, gen�ration, rnanufaGture, storage,
<br /> disposa[, release or threatened release o��urring p�it�r to Trustnr's ownership or interest ir��hs Pro��erty, whether or
<br /> not th� same vvas ar shauld ha�e been known to Trustor. The provisions af thfs section of the �eed a� Trust,
<br /> including the obligation tv ind�mnify and defend, shail sur�i�e the pa�ment of the Indeb�edness and�he satisfiacti�n
<br /> and recon�eyan��ofi the [ien❑f this CJeed of T�-ust and �hall nvt be affected �y Lender's a�quisitic�n❑f any in�erest
<br /> in the Prvperty, wh��her by��recfosure❑r v�herwise�
<br /> Nuisance, ll�aste. Trustvr shalf n�t �aus�, ��ndu�t ar permi� any nuisan�e nar cammit, per�i�, ar suffer any
<br /> stripping of❑r was�� on or ta the Property ar any portion of the Proper�y. VVithau� limiting the generality of the
<br /> #oregving, Trustor vv�ill nat rerna�e, vr g�ant�o any other par�y the right t� rerno�e, any timb�r, rr7in�ra[s tincluding
<br /> oil and gas}, coal, ciay, scaria,soil, grave�or rock products without Lend�r's priar written cansen�.
<br /> RemvWal o#Ir�p�ov�rnents. Trusto�shall not demalish or remo�e any lmpro�emen�s fram tF�e Real Property withaut
<br /> Lender's privr wri��en conser��. As a c�ndi�ion ta the remova�of any Impro�ements, Lender may require Trust�r�v
<br /> make �rrangements satisfa��ary fio L�nder t❑ replace su�h lmprv��ments with Impra��ments �af at �ea�t equal
<br /> value.
<br /> Lender's Right tv E�ter. Lender and Lender's agent� and representati�es may enter upon the Re�al Praperty at aif
<br /> reasanah�e times tr� at�end �tv Lender's in�erests and t� inspect the �eal Property for pu�poses of Trustvr's
<br /> camp�iance with th�terms and condi�ions af�his Deed of Trust.
<br /> Comptiance wi�h �avernmer�tal Requirements. Trustar shaf[ prornptly comply with ��II laws, ordinances, and
<br /> regu�ations, now ar hereafter in e�fec't, of all go�ernm�ntal authvrities applicable �� th� us� vr ��ccupan�y af the
<br /> Property. Trustor may cante�t in gaad�aith any such iaw,ordinance, vr regulation and withhofd compliance during
<br /> any proceeding, incfuding appropria�� appeals, so lang as Trustar has notified Lender in �vriting �rior ta daing so
<br /> and so[vng as, in L�nder"s sole apinion, �ende�'s interes�ts in the Prop�rt�are n�t jeopardi�ed. L.ender may re�uire
<br /> Trustar ta posfi ad�quate se�urity or a surety bond, reasanably satisfactory to Lender,tv protect L�n�er's interest.
<br /> ❑uty to Pr�tect. Trustar agr�es neither tv abandan ar �ea�e unattended �he Prvperty. Trus�or shali d� all other
<br /> acts, in additEan to�hose acts set�orth abv�e in this sectian, whi�h from the character and us�a�the Property are
<br /> reasonably necessar�y tv pratec�t and preser�e the Property.
<br /> DUE�N SALE��4NSE�T BY LENDER. Lender may, a�Lender`5 n�}�lfl�ly de�lare immediately due and payable all sums
<br /> secured by this Deed of��rus�upar�the sa�e or transfer, wi#hout Lend�r's prior written cons�nt, of all or any part of the
<br /> Rea( Property, or any int�res�in�he Real Property. A "sale or�ransf�r" means the�on�eyance af Re�l Pr�perty or any
<br /> right, title or interest in the Reaf Property; wh�ther legal, bene#icial or equitable; whether uvluntary �r invaluntary;
<br /> whether by autright sal�, deed, installment sale c�ntraC�, fand cantract, contra�t for deed, l�aseho�� in-��res� with a
<br /> term grea�er than three L3y years, lease-opt�vn contract, or by saie, assignrnent, ar transfer of any bene�icial interest in
<br /> or to any land trust holding titfe t❑the Rea! Pr�p�rty, ar by any oth�r rne�had of can�eyanc� �f an in�tsr�st in the Real
<br /> Praperty. Howe�er, thi� option shal� not he exercis�d by Lender if su�h e�cercise is prohibited by ��deral law �r by
<br /> Nebraska law.
<br /> TAXES AND LtENS. Th� fallawing pro�isions relating t� the taxes and liens on th� Praper�� are part of this Deed of
<br /> Trust:
<br /> Payment. Trustar shall pay vvhen due �and in al!e�ents privr ta de�+nqu�ncy� afl taxes, s�eciaf taxes, assessments,
<br /> charges �inGiuding v�ra�er and sewer�, fines and irnp�sitions le�isd against vr on accvunt���he Prvperty, and shall
<br /> pay when due a[[ �laims fo� �rvark dane an ar fvr ser�ices rendered or material furnish�d tv the F`roperty, Trusta�
<br /> shafl maintain the P��perty fr�e af all fi�ns harring priority aver ar equai ta�he interest�f L�nder unde��this deed��
<br /> Trust, excep� for t�e li�n o� �axes and assessrnents not due, except for the Existing Indebtsdness referred to
<br /> below, and ex�ep�a�atherwise pro�+ded in this�eed af Trust.
<br /> Right ta Cvntest. T�r•ustar may withh��d payrnent a�any tax, assessment, �r claim in car�nection w€th a gvvd faith
<br /> dispute o�er the abI�gatian to pay, s� lang as Lender's�nter�st in the Pr�p�rty is nat jeap��dized. I�a iien a��ses or
<br /> is �iled as a result of nanpayment, Trus��r shall within fi�teen �'15f days after the lien �rises ar, if a fien is fifed,
<br /> within �ifteen �15} days af�ter Trustvr has noti�e of the filing, secure the discharge a�F the lien, v� i�f requested by
<br /> Lender,depasit vvith Lender�ash ar a sufficien�corparate surety band or o�her security sa�isfactory to Lender in an
<br /> amaunt sufficient ta discharge ths fien plus any cvsts and at�arneys' fees, or ather charges that c:auld a�crue as a
<br /> resu�t of a foreclosure t�r sa�e und�r�he lien. In any cantest,Trustvr shall defend itself and Lend�r and sha�f sa�isfy
<br /> any ad�erse judgment befo�e enfvrcement against the Prvperty. Trustor sha�l narne L�ndpr as an�dditionaf vblige�
<br /> under an�surety l��nd furn�shed in�he�ontest proceed�ngs,
<br /> E�idence of Paymen�. Trustar shall upan demand furnish tv Lender satis�actory e�idenc� a'�payrnent of the taxes
<br /> or assessm�nts and shali aut�arize the apprapriate go�ernmen�al a��icial t� defi�er to Lender at any time a writ�en
<br /> st�tement a�the ta��s and assessments against the Proper�y.
<br /> Notice v�Canstruc#i�an. Trusto� shall notify Lender at least �ifteen 4�5� days before any v+ivrk is commenced, any
<br /> ser�i�es are �urnish�d, or anv rnaterEa�s are supplied to the Property, ifi any mechanic's 1ien, rna��:rialmen's fien, vr
<br /> ather lien cQuld be asserted on ac�nunt of the work, serWices, or materials and th� cost ex��eds ��,�0�.��.
<br /> Trustor will upvn �eques� af L�nder furnish to Lend�r advanc� assurances sat�sfactary �a Lender�h�t Trustor �an
<br /> and will pay fhe cast vf suGh gmpra��ments.
<br /> PR�PERTY DAI�IAGE IN�URANCE. The follvwing provisions relatEng t❑ insuri�g the Prvperty a�e a part v�this D�ed of
<br /> Trust.
<br /> �Illaintenance n� Ins�rance. Trustar shall prvcure and maintain policies �� fire insuranc� w�th standard �xtended
<br /> co�erage endorsem�n�s vn a replacemen� basis far the �ull insurable �a1ue eavering all lrr�pr��em�ents on the Real
<br /> Pro�erty in an amount suffi�ient t❑ a�aid app(�cation o� any cainsuran�e c(ause, and with a star�dard mortgagee
<br /> clause �n fa�or of Lec�der,tageth�r with such other hazard and iiability ins�rance as Lende�rnay r��svnably require.
<br /> Po�icies shall be written in fa�m, amaunts, co��rag�s and basis reasonabfy acceptable to Lender and issued by a
<br /> ��rnpany ar �arnpar�ies reas�nably a�cep�ahle to L�nder. Trus�or, upon request af Len�ler, wil� r�eli�er�a Lender
<br /> from time to time the poli�ies or certifica�tes of insurance in form satisfa�tflry to Lend�r, 1r�cluding stipula�ians that
<br /> �v�erages vuili not��cancelled or diminished withaut at least thirty �3Q} days prior�rvrit��r� natic�ta Lender, Ea�h
<br /> insurance policy als� shall incfude an endorsement prQ�iding �hat ca�erage in fa�ar of Lender wil� nv� �e impaired
<br /> in any way by any act, omis�ian or de#�ault of Trustor or any other persan. Shaufd the Real Prap�rty be lacat�d in
<br /> an area designated by the Administratar o�the F�deral Emergency Niana�emen�t Agency as a sp�:cia� flood hazard
<br /> area, Trustor agree� ta obtain and main�ain Federal Fload �nsuranc�, i� available, far the maximum amount t�f
<br /> Trustar's credi� lin� �nd the full unpaid principal balance o�any pr�vr lien�an the praperty°s�curin�the loanr up to
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