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<br /> DEED �F TRUST
<br /> {���ltinued� Pa�e �
<br /> En�iranmental Laws. Trustar authvrizes Lender and its agents ta enter upon th� Prvperty �n make such
<br /> inspections and tests, at Trustor's expense, as Lender rnay de�m appr�pria�#e to determine campliance Qf the
<br /> Praperty v►rith this s��tion of the I]eed o� Trust. Any inspections or tests made by Lender shall be for Lender's
<br /> purpases❑niy and shall nvt be�onstrued to create any respansibi�ity or liability on'the part of Lender ta Trus'tor or
<br /> ta any ather persan. The representatians and warranties contained herein are hased on Trustor's due diligence in
<br /> in�Uestigating the Pr�per�y for Ha�ardous Substan��s. Trus�or hereby {1� �eleases and wai�es any futur� claims
<br /> ac�ainst L�nd�r for indemnity Qr Gontribution in �Che e�ent TrustQr be�ames liable for cleanup or a�her ��sts under
<br /> ariy su�h laws; and t2� agrees tv indemnify, defend, and hvld harm�ess Lender against any and all c�aims, losses,
<br /> liabili#ies, damages, penalties, and expenses which Lender may directly Qr indire��ly sustain❑r suffer resulting fram
<br /> a �reach af this sectian of�he ❑eed of Trus� ar as a cansequence of any use, generation, manufactur�, stvrage,
<br /> di.�p�sal, rel�ase vr threatened refease accurring pr��r t�Trustar's❑wnershi�or inter�st in th� Prvper�y, whether❑r
<br /> n�t th� sarrte was �r shau�d ha�e been known tv Trustor. The pra�isians vf this section of th� Deed of Trus�,
<br /> in�fud`rng the vbligatian�o ind�mnify and defend, shali sur�i�e the pa�ment of the Inde��edness and the satisfactian
<br /> and recvn�eyance vf the lien o�this �eed �f Trusti and shall not be affected hy Lender'�acquisitian❑f any interes�
<br /> in the Property, whether by#or�closure ar atherwise.
<br /> Ni.�isanc�, 'Vl�aste. Tru�tvr shaii not cause, condu�t or perrnit any nuisance nor ��rnmit, permit, or suffer any
<br /> str�pping of vr wast� an or to the Property or any portivn of the Property. Without limiting the �enerality a� the
<br /> fareg��ng, Trustar wifl not remo�e, ar grant tv any othe�r party�th� right to remo�e, any timber, minerals �including
<br /> ai�and gas�, cval, cia��scoria, soi�,�ra�el o�roc�c praducts v�ith�ut Lender's prior vvritten consent.
<br /> R�mo�ai af i�nprvr�emen�rs. Trustor shalE nat demolish vr rema�e any Impravernents�ram the Rea� Property without
<br /> L�nder's prior�nrritten�onsen�. As a Gandrtian to the remo�al o'�any Impra�ements, Lender may require Trustor ta
<br /> make arrangements satisfactary to Lend�r to replace such lmpro��rn�nts with Impro��rnen�s o� at �east equai
<br /> ���lu�.
<br /> L�nder'� R�g�t tv En�er. Lender and Lsnder's agen�s and representati�es may en�er upon the Real Praperty a�k a�l
<br /> reasvnab�e tirnes to attend tv Lender's interests and to inspect �khe Real Praperty far purposes af Trus�ar's
<br /> cnmpliance v�rith the terms and conditions o�this Deed of Trus�.
<br /> G�mpliance with Ga�ernmental Requirements. Trustor shall prompt�y comply with a�� laws, ordinances, and
<br /> regulations, �aw or herea�ter in �ffect, of a�! go�ernrnen#al authorities appficable to the use or occupancy of the
<br /> Proper�y. Trustor rnay contest in gQod fa�th any such law, ordinance,or�egulativn and withhold cvmp�ian�e during
<br /> any proceeding, including appropriate appeals, sa fang as Trus�or has nati�ied Lender in writing priar to doing 5D
<br /> and sv long as, in Lender's s�le opinion, Lender's interests in the Property ar�not jeopardized. Lender may require
<br /> Trustor to p�st adequa�e s�curity or a surety bond, reasvnably sa�isfa�tory ta Lender,to prote�t Lende�'s interest.
<br /> D�ty to Prot�ct. Trustor agrees neit�rer to abandan or �ea�e una�tended the Property. Trustar shall dQ all other
<br /> acts, in addi�ivn to thase ac�ks seti forth abo�e in#his sectivn, which€rom the charact�r and use of the Praperty are
<br /> reasonably necessary ta protect and preser�e the Pr�psrty.
<br /> DUE ON SALE-C�NSENT BY LENDER, Lender may, at Lend�r's opti�n, declare immediately due and payabl� a�i surns
<br /> secure� by this Deed of Trust up�n the sale❑r trans#er, w��khout Lender's prior written consen�, o#a€�or any part❑f the
<br /> Real Property� or any �nterest in th� Rea[ Praperfy. A "sale ❑r transfer" means�he c�n�e�ance ❑f R�al Prop�rty ar an�
<br /> right, �:itle ar inter�st in the R�al Property; whether lega�, bene�icial or equitable; whether voluntary ar in�oluntary;
<br /> whethf:r by outright sale, deed, installm�nt sale contra�t, land cantract, cantract fior deed, leasehold interest wi�h a
<br /> term grea�ter than three (3y years, lease-option �antract, vr by sale, assignment, ❑r transf�r vf any beneficial interest in
<br /> �r tv any land fi�ust hvlding �itle to the Real Praperty, or by any ather method of canveyance of an interest in the Real
<br /> Pr�per�:y. Howe�+er, this op�ian shaff not be �xerc�sed by Lender i� su�h �xercise is prohibit�d by federal law or by
<br /> N�bras ka law.
<br /> TAXES� AN� L�EMS. The fallowing prv�isivns relatin� to the taxes and liens on the Praperty ar� part of�his ❑eed of
<br /> Trust:
<br /> P��ymen�, Trustor shall pay when du� [and in a�� e�ents prior to delinquency� all taxes, special taxes, assessrn�n�s,
<br /> ���arges tincfud;ng water and sewery, fines and impositions levied against ar on accnunt of the Property, and shali
<br /> pc�y when due aII c[aims far work done on or for ser�ices rendered or rnaterial furnished to the Propert�. Trustar
<br /> sF�all main�ain the Property free af all liens ha�ing prior�ty o�er ar equal to the interest of Lender under this Deed ❑f
<br /> T��ust, except �or the lien ofi taxes and assessmen�s nc�t due and �xcepx as othe�wise pra�ided in this Deed ot
<br /> Trust.
<br /> Right t❑Can�es�. Trustar may withhold p�yrnent of any tax, assessrnent, or claim in �onne�tion wi#h a gaod faith
<br /> dispu�e over�he ahligation t�pay, s� Ivng as Lender's inter�sfi in the Property is not��opardi�ed. I�a �i�n arises ❑r
<br /> is filed as a resul� o� nonpayment. Trustor shall uvithin fiifteen (15) days after the lien arises vr, if a lien is fi�ed.
<br /> within fifteen ��5� days after Trust�r has notiGe of the #iiing, secure the discharge o� the lien, or if r�quested by
<br /> L�:nder, dep�sit with L�nder cash or a sufificient�vrparate surety band or other security satisfactory tv Lender in an
<br /> arnvunt sufficient to discharge the lien plus any casts and attorneys' �ees, ar vther charges that�oufd ac�rue as a
<br /> result of a foreclosure or sale under the lien. �n any cantest,Trustor shall defend itsel�and Lender and shall satis�y
<br /> ariy ad�erse�udgment befivre enfor�ement against�he Property. Trustvr shall name Lender as an add��ional obl�gee
<br /> ur�der any surety hond furnished in the contest prace�din�s.
<br /> E��id�nc� vf Payment. Trus��r shai� upon d�mand '�urnish t❑ Lender satisfactory e�idenc� of payment of the �axes
<br /> ar asse�srne�ts and shall authorize the apprapriate gaWernm�ntal ��ficia� ta deliver t❑ �ender at any time a written
<br /> statem�ent v�the taxes and assessm�nts against the Prvperty.
<br /> Notice vf Constructi�n. Trus�ar shal! notEfy Lender a� I�a��fi�teen �15f days befare any wark is �omrnenGed, any
<br /> ser�ices are furnished, vr any materiais are supplied ta the Property, i�any mechani�'s lien, ma�erialmen's �ienr ❑r
<br /> other Iien �auld be asserted an a�count of the �►►rark, s�r�ices, or materials and �he cost exceeds $1,�]��.��.
<br /> Trustor will upvn request of Lender furnish to Lender ad�ance assuran�es satfsfa�tary t� Lender that Trus�ar �an
<br /> and will pay the�ost❑�such improWements.
<br /> PROPERTY DAMAGE INSURANCE. The fo[��wing pro�isions relating�o insuring the Property are a part vf this Deed af
<br /> Trust.
<br /> Main�tenance o� tnsurance. Trusto� shalf procure and maintain policies of fire insuran�e wi�h standard extended
<br /> co�erag� endarsements on a �eplacement basis #vr�he full insura�le �alue cvvering all lmpro��ments on the Real
<br /> Property 'rn an amount suf�iGient to avoid appfication of any coinsurance clause, and w�th a standard mortgagee
<br /> clause in�auvr af Lender, toge�her with su�h atiher ha�ard and liability insurance as Lender may reasanably require.
<br /> Pa�icies shall be written in fvrm, amaunts, co�erages and basis reasonably acceptable �o Lender and issued hy a
<br /> company ❑r companEes reasonably acc�ptable tv Lender. Trustor, upon request of Lender, will deiiWer ta L�nder
<br /> �ram time ta time th� paficies ar certificates of insuranGe in �orm satis#actary to Lender, inc�uding st'rpu�at�ans�tha�
<br /> co�erages will nat b� can�elled ar diminished withaut a�ieast�hirty �3�} days prior writ�en noti�e ta Lend�r, Each
<br /> insurance policy also shalf in�lude an endorsement prv�iding that co�erage in faWar af Lender wilf nat be impaired
<br /> in any way by any act, ornission ar de#auit of Trustar vr any o�her pe�son. Shoufd the Reaf Property k�� �ocated in
<br /> ar� area designa�ed by fihe Administ�ator af the Federal Em�rgeney Management Agency as a special �io�d ha�ard
<br /> area, Trustor agrees ta obtain and main�ain Federal Fload lnsurance, i� a�ailable, for �h� maximum arnount ofi
<br /> Trustar's credit line and the full unpaid principal ba�an�e of any prior liens on the property securing the iaan, up ta
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