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��1 5����5 <br /> L7E�� C�F T"�U�T <br /> �oan �o: 0000va�a�� ��ontinu�d� Pa�e � <br /> reasanably necessa�y#o prot�ct and preserve the Property. <br /> DL1E 4N SALE -CaNSENT BY LENOER. Lender may, a#Lender's option,declare irnm�diat�ly due and payable ail surms <br /> secured by th�s Deed af Trus�upon the sale ar transfe�,withouf Lender's prior written consent,fl�all or any part of the <br /> Real Prope�ty, or any inter�est in the F�eal P�-ope�ky. A"sal�or transfer" means th�conveyance of Rea� Property or any <br /> right, title Qr int�res� in the Real Pr�perty; whether legal, bene#icial or equi�able, whether valuntary or in�aluntary; <br /> whe�her by ou�righ� sale, deed, instal�ment sale contract, land cantract, contract for deed, leasehald interest with a <br /> term g�-eater than th�-ee {3}years, lease-�p�ion con�rac�, or by sale,assignmen#, or trans�'er of any benefic�al interesf in <br /> o��o any I�nd trust holding ti�l�to the Real Proper�y, vr by any oth�r method o�conveyance of an interest�n the Rea� <br /> Proper#y. �f any Trus#or is a corporation, partnership or limited liabi�i#y company, transfer aisa includes any change in <br /> ownership of mare than twenty-fi�e percent�25°l0}of the�o#ing stack, partnership int�rests ar limited liability carnpany <br /> �n#erests, as�h� case may be, v�such Trus�ar. Howe�er,�his�ption sha�l not be exerc�sed by Lende�-if such ex�rc�se <br /> is prohibited by federal law or by Ne�raska law. <br /> T►4)CES AND LIENS. The follawing provisi�ns relat�ng to the taxes and lien� on the Propetty are pa�t of this Deed �f <br /> Trust: <br /> Payment. Trustvr shall pay when due(and�n al[e�ents prior t�delinquency}alf�axes,specia�taxes,assessments, <br /> charges��nclud�ng water and sewer}, �ines and impvsit�ons levied aga�nst or�n account of the Proper�y, and shall <br /> pay when due al! claims fa�work dane on or for services rendered or ma#erial furnished ta the Prop�rty. Trustor <br /> shall rnain#ain �he Property�ree of all liens h�ving priority o�er or equal ta#he inte�est o�Lender under this Deed❑� <br /> Trust, ex�ept fnr �he lien a� taxes and assessmen�s not due and except as afihet-wise pra�ided in this Deed of <br /> Tru st. <br /> Right to Contest. Trustor may wi#hhoid paym�nt af any�ax, assessment, or claim in c�nnec�ian with a gaod faith <br /> dispute o�er the obligation#a pay, so long as L�nder's interes#in the Proper�y is nat�eopardized. !f�lien arises o�' <br /> is filed as a resu�t a�nonpayment, Trustor shall within fifteen �'f�} days aft�r the �ien arises or, if a lien is fil�d, <br /> within fifiteen {'�5} days after Trustar has natice c���he fil�ng, se�ure the discharge of the lien, or if requested by <br /> Lender,deposi#with L�nder cash or a suff�cient corporate sure�y bond or other security satisfactory to Lender in an <br /> arnount sufficienf to discharge th�lien plus any�osts and a�torneys'fees, or other�harges tha�cauld accrue as a <br /> �-esul�of a foreclosure or sal�under the�ien. In any cantest,Trustor shai!de�end itse9f and Lender and shai!satisfy <br /> any ad��rse judgmen�before enforcement against�he Prope�y, Trustor sha��name Lender as an add�tianal obligee <br /> under�ny surP�y bond furnish�d in the contes�proceedings. <br /> Evidence of Payrnent. Trus�ar sha�l upon dernand fu�n�sh to Lende�satisfactary evi�ence❑f payment of the taxes <br /> or assessments and shall �uthorize the apprap�ia��go�ernmental affi�ial to deli���to Lender at any time a written <br /> statement af the taxes and assessm�n#s aga�nst the Property. <br /> Notice of Cons�ruc#ian, Trus�o�-shall not�fy Lender at least�if�een �'I�}days before any work is cornmenced,any <br /> � services are furnished, or any ma��r�als are supp�ied to the Prop�rty, if any mechanic's lien, materialmen's fien, or <br /> o�her lien cc�uld be asserted �n ac�oun�o�th� work, services, or mat�rials. Trustor will upon reques� o�Lender <br /> furnish to Lender ad�ance assu�-ances satisfa�tory to Lender �ha� Trustar �an and will pay the �ost af such <br /> impro�ements. <br /> PR�PERTY DAMAGE INSL�RANCE. The fol�awing pro��sians rela�ing to insuring the Property are a part af this Deed of <br /> Trust. <br /> Main#�nanc� o�lnsuran�e, Trustor shall procure and maintain po�icies o��re insurance with standard extended <br /> co�erage endarsem�nts on a replacement basis far th�full insurable�a�ue co�ering ail ImproWemen�s❑n '�he Real <br /> PrQperty in an amount suffici�n# ta avaid appiication o�any coinsurance c�ause, and with a standard mortgagee <br /> . ciause in fa�ar af L�nder. Trustor shall_alsa procure and main�ain comprehensive general liability insuran�e in such <br /> caverage amounts as Lender rnay request with Trustee and Lender being named as add�tional insureds in such <br /> I�ability insurance palicies. Additianal�y, T�usfar shall maintain such a�her insurance, in�luding hut not limited to <br /> hazard, business �nie�-rupt�on, and boiler insurance, as Lender may reasonably �equ��-e. Pvlicies sha�l be written in <br /> f�rm, amoun�s, cvverages and basis reasonab[y a�ceptab�� to Lender and issued by a carnpany a� eompanies <br /> reasonably ac�eptabie to L�nder. Trus�or, upan request of Lender, w�il del��er t� Lender from �ime ta t�me the <br /> policies or eerfificates��insuran�e in�orm satisfactory ta Lender, €nclud€ng stipula�ions�hat co�erages will not be <br /> �ancelled or d�rnin�shed without a# leas�thirty(3�}days prior wri��en not�G�to Lender. Each insu�ance policy a�sa <br /> shali include an endorsernen�pro�iding that ca�erage in fa�or of Lender will not be impa�red in�any way by any ac�, <br /> omission or default��Trustar or any ath�r person. Shouid�he Real Prope�-ty be I��a�ed in an ar�a designated by <br /> the Adminis��ator of the Federal Ernergency Managernen#Agency as a speciai flood hazard area,Trus#or agrees to <br /> ❑b�ain and maintain Federal Ffovd Insurance, if a�ailab�e, within �5 days aFter notice is gi�en by Lender that�he <br /> Pr�pe�y is loca�ed in a specia�flood hazard area,far the full unpaid principal ba�an�e of the loan and any pri�r liens <br /> on�he prope�ty se�uring th�faan, up ta the maxirnum poiicy l�mi#s set under the Nationa�Flood Insurance Pragram, <br /> or as o#hen�vise required by Lend�r,and to maintain such insurance for the�erm of�he I�an. <br /> App�icafi�n of Pr�ceeds. Trus�or sha�� promptly natify Lender of any loss or damage to the Proper�y. L�nder may <br /> make prov�f of lass i�Trustor fai�s to da so within fif�een t15} days o�the casualty. V1lhether or not �ender's <br /> security is impair-e�, Lender may, at Lender`s electian, �ece��e and retain the praceeds of any insuranc��nd apply <br /> . the proceeds to the reduc#ion o�the Indebtedne�s, payment of any 1€en affe��ing the Proper�y, or�he �estora�ion <br /> and repa�r of the Prope�ty, lf Lender e�ects �v apply the praceeds to restc�ration and repair, Trus�or sha11 repair or <br />