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. ��15�5937
<br /> DEE� �F TRUST
<br /> .
<br /> {�ontlnue � Psage �
<br /> all applicab�e federal, stat�, and loca� laws, regulations and ardinan�es, includin9 �vithout limitation al1
<br /> En�irvnmental Laws. Trustor authorizes Lender and ��s agents to enter upon the Prvperty to mak�; su�h
<br /> insp�c#ivns and tests, at Trustar's e�€pens�, as Lender may deem appropriat� ta d�terrnin� comp€iance af the
<br /> Praperty with this section of the Deed of Trust. Any �nspectians or tests ma�e by Lender shall be far L�=nder's
<br /> purpases only and shall nvt be construed t❑ cr�at� any responsibility or liahility on the part�fi Lender ta Tr�stor❑r
<br /> to any oth�r persan, The representativns and warrant'res �on�ained herein are based on Trustor's due difig�nce in
<br /> in�estigating the Pr�perty for Ha�ardvus 5uhstan�es. Trus��r hereby {1 y releases and wai�es any future Glaims
<br /> against Lender far indemnity ar contribu�ion in the e�ent Trustar becomes I�able #ar cleanup or€��her cost:� under
<br /> . any su�h�aws; and {2� agrees to indemni#y, de�end, and hold harmless L�nder against any and all �faimsr ID55B5,
<br /> liabiliti�s, damages, penalties, and�xpenses wh�ch Lender may directly or indire�tly sustain❑r suffer resultir�g from
<br /> a �r�ach of this s�ctian of the Deed af Trust vr as a �ansequence of any use, generation, manufa�turer stvrage,
<br /> disposal, release or threatened release occurring prior ta Trustor"s awnership or interest in the Property, whether or
<br /> nat the same was ❑r shauld have been knawn to Trustor. The pro��sions of this se�tion of the Deed of Trust,
<br /> inc�uding�he ohligation to ind�mnify and defend, shaff sur�i�e the payment o�the lnde�t�dness and the satisfaction
<br /> and recanv�yance of the lien af this Deed �f Trust and shall nv�be afifected by Lender"s a�quisition o�any interes�
<br /> in the Proper�y, whether by#vreclasure or otherwise.
<br /> Nuisan�s, Was#e. Trus�or sha�� not cause, conduct or perrnit any nuisance nor cornmit, permit, ar suf�er any
<br /> sfirippin� of or waste on vr t� the Property vr any porti�n vf the Proper�y. Withaut limiting th� generality of the
<br /> for��oing, Trustor will not remo��, or grant ta any other party th� right to remoWe, any timber, minerals �includfng
<br /> ail and gasy, coal, ciay, scoria, soEf, gra�el or rack pr�duGts withaut Lender's pria�r written��n��nt.
<br /> Remova[��impro�ements. Trustor shall nat demolish or rem��e any impra�ements from the Rea� Praperty withaut
<br /> Lender's prior written consent. As a condition ta the remo�af of any Imprvvements. Lender rnay requir�Tr��stor ta
<br /> make ar�angements satisfac�ory to Lender to repla�e such Impro�ernen�s with lmpro�ements af a� [eas�� equal
<br /> value.
<br /> Lender's Right t❑ Enter. Lender and L�nder's agents and r�presentati�es may enter upon the Reaf Propert5� at aff
<br /> r�asanable tirnes to attend to Lender's interes�s and to inspect the Real Property for purpases of Trustor's
<br /> campliance with the terrns and conditians vf#his❑eed❑fi Trust.
<br /> Complian�e with Go►�ernmental R�quirements. Trustor sha[I promptly cvmply with all laws, ardinan�es, and
<br /> regulations, now or hereafter in e��ect, of all g��ernmentaf authorities appli�able to the us� or occupan�y o� �h�
<br /> Property, in�fuding withaut limi�atinn, th�: Arneri�ans With D�sabiiities AGt. Trustar may cantest in gaad fa�th any
<br /> su�h law, ordinance, ar regulatian and withhofd campliance during any praceeding, including appropriate appeals,
<br /> s�lang as Trustor has noti�ied Lender in writing prior to doing sa and so long as, in L�nder's sole op�n��n, L�nder's
<br /> interests in �he Prvperty ar� not�eopard�z�d. Lender may requ�re Trustvr to pvst ade�uate se�urity or a surety
<br /> bvnd, reasonah�y satisfactary to Lender,fiv prvtec�Lender"s in�erest.
<br /> �uty to Profec#. Trus�or agrees neither to abandon or IeaWe unattended �he Praper�y. Trustor shall d❑ all ather
<br /> acts, in additi�n to those a�ts set forth abo�e in this section, whi�h from�he character and us�o�the Prop�:rty are
<br /> reasanably necessary tv protect and pres�r�e the Property.
<br /> []UE❑N SALE- C�NSENT BY LENDER. Lender rnay, at Lender's option, declare irnmediately due and paya�le all sums
<br /> secured by this Deed of Trust upan the sale or transfer, without Lender's privr�rvritten consent, ❑f afl or any pari:of the
<br /> Real Property, vr any inter�st in the Reaf Property. A r'Sale ❑r tr�n5fer"� means�he �on�eyance o�Real Property vr any
<br /> right, title or interest in the Real Praperty; wh�ther leg�l, beneficial ar equitable; whether �vluntary or in�oluntary;
<br /> whether by outright saie, de�d, installment sale �ontract, land �ontract, contract for deed, leaseho�d inter�st with a
<br /> terrn greater�han three �3y years, lease-option �antract, ❑� by sale, assignment, ar transfer af any bene�i�ia! int+�rest in
<br /> ar ta any land trust holding title ta the Real Proper�y, or by any other methad of cvn�eyance vf an �nteres� in tl�� R�al
<br /> Pr�perty. Howe�er, this apti�n shail not �e exercised by Lender if such exercise is prohibi�ed by �ederal [avv ar by
<br /> Nebraska 1aw.
<br /> TA3CES AND LIENS. The fvflvwing pro�isians relating ta the taxes and [iens vn the Prvperty are par� of this Cleed of
<br /> Trust:
<br /> Payment. Trustor shail pay when due �and in all e�ents prior to delinquency� all taxes, spe�ial taxes, asses�m�nts,
<br /> charges �inG�uding water and s�wer}, fines and imposi�ions leu�ed against or on ac�ount of the �roperty, ar�d sha�[
<br /> pay when due all �laims for work done vn or far $er�ices rendered vr material furnished to the Property. �rrustar
<br /> . shall mainta+n�he Prap�rty free❑f a�l liens ha�ing priori�y o�er ar equaf ta the in�er�st o�Lender under this I�eed af
<br /> Trust, except �ar the lien of taxes and assessrnents not due and exGept as otherwise pra�ided in this �]eed o�
<br /> Trust.
<br /> Right to Cvntest. Trustar may withhvld payment�f any tax, assessment, ar claim in connection with a gvt�d faith
<br /> dispute v�er the o�li�a�ivn to pay, sa long as L�nd�r's interes�in the Prap�r�y is nvt jeopardized. [f a li�n arises or
<br /> rs filed as a resuft vf nvnpayment, Trustor shall �r►�ithin �ifteen {15} days a�ter the lien arises ar, if a lien is �iled,
<br /> with�n �ifteen {1 5} days a�t�r Trustar has natice o�tF�e filing, secure the d�scharg� a� the li�n, ar if reque�ted by
<br /> Lend�r,deposit with Lender�ash or a sufficient corporate surety bond or❑ther se�uri�y satisfactary to L�nd�=r in an
<br /> amount suffiGient to dis�harge th� fien plus any�nsts and attorneys' �fees, or other charges that could accria�as a
<br /> resu�t❑�a foreclasur�ar sale under the lien. In any con�es�,Trus�or shall de�end it�elf and Lender and shal[sa�isfy
<br /> any ad�erse�udgment befvre en�vrcement against the Proper�y. Trustvr shal�name Lender as an additianal�bligee
<br /> under any sure�y�ond furnish�d in the�antest prvGeedings.
<br /> E�iden�e vf Paymen#. Trustor sha�� upan�emand furnish t� Lender satisfac�ory e�idence vf payment a#�he taxes
<br /> �r assessments and sha�f authoriz�the appropria�e gv�ernmenta[ o�ficial to deiiver to Lender at �ny time a written
<br /> statement of th��axes and assessments against the Pr�perty.
<br /> Notice vf Canstructivn. Trustar sha�! noti�y Lender a�least fiifteen ��5y days before any work is cornmenc�d, any
<br /> ser�iGes are furnished, or any ma�er�als ar� supplied to the Prop�rty, if any mechani�'s lien, materia�men"s �ien, ar
<br /> other fien could be asserted an account vf the w�rkr ser�ices, or materials, Trustor will upan �equest vfi Lender
<br /> furn�sh tv Lender ad�an�� assurances satistactory tv Lend�r that Trustar can and ►nri[[ pay the cast c�f such
<br /> impra�ements.
<br /> PRDPERTY DAMA�E INSURANCE. The following pro�isions rela�ing to insuring the Prvperty are a part of this �)eed o�
<br /> Trus#.
<br /> Maintenan�e of Insuran�e. Trustor shall pracur� and maintain poli��es ❑f �ire insurance with s�andard extended
<br /> coverage endarsements on a rep[acemen� basis far the full insurable Walue �o�ering a�l lmpro�ements an tE�e Real
<br /> Property in an amount sufficient to a�oid appii�ati�n nf any coinsurance clause, and with a standard mvr�gagee
<br /> clause in fa�or of Lender. T�ustor shalf alsfl pracure and main�tain cvmprehensi�e gen�ral liabi�ity insurance in such
<br /> caverage amvunts as Lender may reques� wi�h Truste� and Lender being named as addit��naf insureds in su�h
<br /> liability insuran�e pa�icies. Additianally, Trustar shall maintain such o�he� insuran��, includin� but not limited �a
<br /> hazard, business int�rruption, and b�iler insuran��, as L�nder may reasonably requir�. Poli�ies shall be wr�tten in
<br /> farm, amaunts, Goverage� and basis reas�nably accaptahle tv Lend�r �nd issueal b� a cvmpany vr co�r�panies
<br /> reasonably a�ceptable to Lender. Trustar, upon request of Lender, will deliver ta Lender �ram time t❑ time th�
<br /> p�li�i�s ar c�rtifi�ates of insurance in forrn satisfactvey ta Lend�r, including s�ipula#ions that ca�erag�s will not be
<br /> cancelled or diminished wi�hout a'�least thirt� �3�y da�s priar writt�n nati�e to Lender. EaGh insu�ance poli�vy als❑
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