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� ��1 5�6�44
<br /> aEE� oF TRusT
<br /> � ' ��ontinued} Pag� 2
<br /> Gampiiance IAlith En��ranm�ntal Laws. Trustnr represen#s and warrants tn Lender that: {1} During the period vf
<br /> Trustor's ownership of the Praperty, the�e has been no use, generation, manufacture. storage, treatment, disposal,
<br /> release or threa�ened reEease of any Hazardous Substance by any person on� under, abaut o� frarn the Praperty;
<br /> ��y T�ustor has no kn�wlsdge of, ar reas�n ta be�i�ve that there has been. except as pre��ousiy discfosed to and
<br /> , a�knvwledged hy Lender in writing, �a) any breach or �ialation of any En�iranrnental Laws, {b} any use,
<br /> generation, rnanufacture, storage, txeatment, disposa�, release or threetened release of any Hazar�vus Substance
<br /> vn, under, about or �rom the Property by any pr�or owners or occupants o� the Pr�perty, or �c} any actual or
<br /> ' �hreatened IEtigation or cla�ms of any kind by any persan relat�ng to suGh mattgrs; �nd �3j Except as pre�iously
<br /> disciosed t❑and a�knowledg�d hy Lender in w�iting, �a� neithe�Trustor nar any tenant, contracta�,agent ar othe�
<br /> authorized user of the Property shali use,generate, manufacture, store, treat,dispose of a��elease any Hazardous
<br /> Substan�e on, under, ahout vr from the Prvperty; and tby any such a�ti�ity sha�� be�andu�ted in �ompliance with
<br /> , afl applicable #ederal, sta#e, and locaf laws, regulati�ns and ordinances, inc�uding withaut limitation all
<br /> ' En�ironmental Laws. Trustor authorizes Lender and its agents ta enter upon the Property ta make such
<br /> . inspectivns and tests� �t Trustor's expense, as Lender may deem appropriate to determine camplian�e ❑f the
<br /> Property with this sQct'svn o# the Deed vf Trust. Any inspectians ar tests made by Lend�r shall be for Lender's
<br /> purpvses anfy and shall nat be canstrued t�create any respansibility ar fiabi�ity on the part af Lender#v Trustor nr
<br /> t❑ any ather person. The representations and warranties contatned herein are based an Trustor's due diligence in
<br /> in�estigating the Property fvr Hazardaus Substances. Trustor herehy t 1 j releases and wai�es any future claims
<br /> ' against Lender for indemnity ❑r �ontribut�an in the e�ent Trustar be�vmes liable for�leanup or vther �osts under
<br /> any such 1aws; and ��y agrees to indemn�fy, defend, and hold harmless Lender against any and all claims, lasses,
<br /> ' I�ahilities,damages, pene�ties,and expenses which Lender may directly ar indirectly sustain❑r suffer resulting f�vm
<br /> a breach af this section of the Deed ❑f Trust❑r as a consequence of eny use, generation, manufa�ture, storage,
<br /> • dispos'al, release or threstene�re�ease❑�curring prior to Trustor`s awnership vr interest in the Pr4perty, whether or
<br /> n�t the sarng was �r should ha�e heen known tv Trustv�. The pra�isians ❑f this section ❑f the Deed o# Trust,
<br /> inciuding the obligatian to indemnify and de�end, shall sur�ive the payrnent of the�ndehtedness and the satisfaction
<br /> . and recan�eyance at the[ien vf this Deed❑f Trust and shai�nvt be affected by Lender's acquisition of any interest
<br /> in the Property,whether by�arec�osure or 4therwise.
<br /> . Nuisan�e. Waste. Trustor shail nat cause. cflnduct ar permit any nuisance n�r cammit, permit, or suffer any
<br /> stripping of or w�ste vn ar t� the Praperty ❑r any pvrti�n o�the Property. With�ut l�miting the generality o�the
<br /> fvregoing, Trus#ar will not remo�e, or grant to any othe� party the right to remo�e� any timber� rninerals �inctuding
<br /> . vil and gasyr C�aI, clay,scvria, soii,gra�el flr rack praducts without Lender's prior written consent.
<br /> , Remo�a!af Impro�eman#s. Trusta�shall not demolish ar rema►►e any Impro►►ements fram the Reai Prvperty without
<br /> Lender's priar written��nsent. As a candit+on ta the removal of any�mprv�ements, Lender may require Trustar to
<br /> make arrangements satisfactory ta Lender to replace such Impro�ements with Impro�emen#s of at least equaf
<br /> �alue.
<br /> Lender's R�ght ta Enter. Lender �nd Lende�'s agents and representati�es rnay enter upon the Real Property at a[�
<br /> .r�as�nehte tim�s to attend t� Lender's interests and to inspect the Real Property for purpasas of Trusto�'s
<br /> , compliance with the terms and conditions af this❑eed of Trusx.
<br /> ' ' Compliance with Ga�ernmental Requirements. Trustor shall promptly comply with all laws� ardinances, and
<br /> • regulatians. now vr hereafter in efFect, af all go��rnmental authorities applicable to the use �r occupancy of the
<br /> Property, including wEthaut limi#a#ion, the Arn�ricans With Disahilities Act. Trustor may contest in gv�d faith any
<br /> � such law, ordinance■ or regu�ation and withho�d camplianc� dur+ng any proGeading, �ncfuding apprapriate appeals,
<br /> so iong as Trus#or has not�fied Lender in writing privr to doing so and so�ong as,�n Lender's sole❑pinivn, Lender's
<br /> � interests in the Prnperty are nvt jeopardizad. Lend�r may require Trustor to post adequate security or a surety
<br /> tinnd. reas4nab�y satisfactory to Lender,ta protect Lender's interest.
<br /> Duty to Prvtact. Trustor agrees neither to abandon or lea�e unattended ihe Prvperty. Trus�vr shall do ail other
<br /> acts�'in addition to those acts set forth abo�e in this secti�n, which#ram the character and use Qf the Pr�perty are
<br /> reasonab�y ne�essary to protect and presen►e the Praperty.
<br /> ' � . �anstruction Lvan. �f sorne or all of the pr�ceeds�f the Ivan creating the Indebtedness are#v be used tn construct
<br /> or complete constructivn af any Impro�ements vn the Prop�r�y,the Impro�ements shall be�ornpfeted n❑later than
<br /> the maturity�ate of the Note �ar such earlier date as Lender may reasonably estabiish� and Trustor sha�!pay in#ull
<br /> ' � a�[ costs and expenses in �onnectian with the work. Lender wi�i disburse Ioan proceeds undar such terms and
<br /> • cvnditivns as Lender m�y deem reasanably necessary t❑insure that thg interest created by this Deed of Trust shall
<br /> � ha�e priarity o►►er a1f poss+ble liens, including those�f rnaterial suppliers and workmen. Lender may require, amvng
<br /> other things, that disbursemen� requests be supported by receipt�d biils, expense affida�its, wai�ers o'� �iens,
<br /> � canstru�tion progress reparts. and such❑ther documenta#ion as Lender may reasonably request.
<br /> �UE QN SALE-CaNSEIVT BY LEN�EF�. Lender may, at Lender's�ption, declare immediately�ue and payab�e all sums
<br /> secured hy this Deed❑f Trust upon rh�sale or trans�er, without Lender's privr written�onsent� af a11 or any part of the
<br /> . Real Property, vr any interest in the Real Praperty. A "sale ar transfer" means the con�eyancs o�Real P�operty or any
<br /> right, title or interest in the Real Prvperty; whether fegal, bene�icial ar equitab�e; whether �oluntery or in�oluntary;
<br /> whether by outright sale, deed, installmen� sale cantract, land c�ntract, contract far deed, leaseh�ld int�rest with a
<br /> terrn greater than three t3� years� lease-opti�n contraGt, o� by sale, assignrnent. or transfer of any benefi�ial interest in
<br /> vr to any land trust holding title to the Rea� Property, ar by any other method of con�eyance of an interest in the Real
<br /> Praperty. If any Trustor is a corpora#ivn, partnership or lirnit�d liabi��ty carnpany, �ransf�r afso includes any change in
<br /> . � ownership of mflre than twenty-fi�e percent t�5°�)�#the�oting sto�k, partnership in�erests or limited I�ability company
<br /> � interests, as the case msy be, of such Trustar. Howe�sr. this option shall not be exercised k�y Lender if such exercise
<br /> is�prohibited hy#ederal law or by Nehr�ske lew,
<br /> TA)CES AND LIENS. The following pra�'rsions rsl�ting to the t�xes end liens on the Property are par�af thts Deed vf
<br /> Trust:
<br /> ' � , Payment. Trustor sh�11 pay when due tand in al1 e�ents pr�vr to delinquencyf a1�taxes. special taxes, assessments,
<br /> charges �including water and sewerf, fines and tmpasi�ivns le�ied ag�inst vr on accvunt o#the Property► and sha�l
<br /> pay when due a11 claims far wvrk dvn�on vr for ser�ices rendered ❑r material furn�shed t�#he Praperty. Trustor
<br /> shalE rnaintain the Property free vf al�liens ha�ing prior'rty o�er or equal tv the interes�af Lender undsr this Deed of
<br /> Trust, except #or the �ien of taxes and assessments not due and except as atherwise pro�ided in this Deed af
<br /> Trusx.
<br /> Ri9ht ta Corrtest. Trustor may withhald payment of any tax, assessment, ar claim in cvnne�tion with a g�ad faith
<br /> dispute o�er the obligatEon to pay. so Ivng as Lender's interest in th�Property is not jeapardiied. tf a lien arises or
<br /> � is fifed as a result of nonpayrnent, Trust�r shaEl wtthin #ifte�n �15y days after the iien arises vr, if a lien is fiied,
<br /> � w�thin fifte�n {�5} days after Tcustor has nvtice af the filing, secure the dis�harge of the [ien, or i'� requested by
<br /> Lender,deposit with Lender cash❑r�sufficient�arpvrate surety bond or ather security sat�sfactory tv Lender in an
<br /> � amount su#fici�nt to discharge the lien plus any costs and attarneys' fees, �r other charges that cauld accrue as a
<br /> result a#a fareclasure ar sale under the lien. !n any contest,Trustar shall d�fend itself and Lender and shali satis�y
<br /> � any ad�erse judgmen#beiore enfor�ernent against the Praperty. Trustar shall narne Lender as an additianai❑blige�
<br /> und�r any sur�ty band furnished in the cvn#�st proceedings.
<br /> E�idence of Pay�ent. Trustor shall upan demand furnish ta Lender satisfactory e�iden�e❑�payment vf the taxes
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