_ � ��1 5���47
<br /> aEEa DF TRUST
<br /> Lvan Nv: '1 D��$9��3 ��ontinu�d� Page 3
<br /> interes�s in -�he Prvperty are not jeopardized. Lender may require Trus�vr to pvst adequate secu�-ity vr a surety
<br /> bond, reasonably satis�actary t❑Lender,to pro��c�Lender's interest.
<br /> Du#y�� Prvtect. Trus-�ar agrees nei�her�to abandvn ar lea�e unattended fihe Prope�ty. Trus�or shall d❑ all vther
<br /> acts� in addition to th�se acts se�forth abo�e in this section, which from�he charac�er and us�af the Praperty are
<br /> reasvnabfy necessary�o protect and prese�ve fihe P�operty.
<br /> DUE�N SALE-C�NSENT BY LENDER. Lende�may, at Lender's optian, declare immediate�y due and payabEe all surns
<br /> secured by�his Deed v�F Trust upan the sale�r�rans�Fer, wifihvu�Lender's prior wr�tten consent, o�aI�or any pa�t o�the
<br /> Real Property, or any Enterest in the Real Property. A "sale or trans�er" means the con�eyance of Real Proper�y ar any
<br /> right, titfe ❑r interes� in the Real Praperty; whe�her [egal, beneficial or equitahle; whe'�her �aluntary Qr in�o[un�a�y;
<br /> whether hy au�righ�t sale, deedf installment sa[e contract, land confiract, cantra�t for deed, leasehvld inte�est with a
<br /> fierm greater than three �3} years� leas�-aptian cantract, ar by sale, assignrnent, or transfer vf any hene�icial interest in
<br /> ❑r�a any Eand trust halding fiitle�a �he Real Property, ❑r by any other meth�d of c�nveyance of an interest in �he Real
<br /> Property. 1€any Trustor is a corporation, partn�rship ❑r limited liahi�ity campany, transfer afso includes any change in
<br /> ❑wnership of rnore than twenty-�ive per�ent�25°/a} ❑�the�ating stvck, partnership interes�s ar l�mited liability cvmpany
<br /> interests, as the case may be, a�F such Trusta�-. Hawe�er,this option shali no�be exercised by Lender i�f such exercise
<br /> is prohibited by federal law or by Nebraska law.
<br /> TAXES AND LIENS. The following pravisions �-elating fia the taxes and Iiens ❑n �he Pr�perty are part ❑t this Deed ofi
<br /> Trust:
<br /> Paymen�. Trus�vr shall pay when due tand in alE e�ents prior�❑d�linquency) al!taxes, special�axes, assessmen�s,
<br /> charges �including wa�er and sewer}, fines and impositians �evied a�ainst or vn accaunfi❑f the Praperty, and shall
<br /> pay when due all claims far wark done �n vr for ser�ic�s rende�ed vr materiaf furnished t�the Proper�y. Trus�or
<br /> shall maintaEn�he Property fre�a-�all liens having priority❑Wer❑r equal t❑the interest of Lender under this Deed of
<br /> Trust, except fior �he [ien ❑f taxes and assessmen�s no� due and excep� as �therwise proWided in this aeed vf
<br /> Trust.
<br /> Righ�ta Contest. Trustor may withhold paymen�❑�F any tax, assessment, ar claim in ��nne�fiion w�th a govd �ai�h
<br /> dispute o�er the obiigation�o payr so long as Lender's in�erest in�he Property�s no��eapardized. 1�a lien arises vr
<br /> is filed as a resu[t ❑f nanpayment, Trustor shall within fifteen �15� days after the li�n arises ❑r, i�F a Eien is filed,
<br /> wi�hin fi�teen (15} days af�er Trustvr has natice a�the filing, secure the discharge a�the lien, ❑r if r�ques�ed by
<br /> Lender,dep�sit with Lender cash❑r a sufficien�carpara�e sure�y b�nd ❑r❑ther se�urity sa�isfac�ory ta Lender in an
<br /> amvun�sufficient tv discharge the lien plus any costs and afi�arneys' �ees, or ather charges that cauEd accrue as a
<br /> resul�of a�areclosure or sale unde�-the lien. ln any cvntest,Trustar shall defend Etsei�and Lend�r and shall satis�y
<br /> any ad�erse judgment be�Fore en�orcement against�he Praper�y. Trustor shall name Lender as an additianal vbligee
<br /> under anY surety band�u�nished in the contest proceedings.
<br /> Evidence vf Payment. Trustor shall upan demand furnish to Lender sa�isfaG�a�y e�idence ❑�payment vf the�axes
<br /> ❑�-assessments and shall aufhorize the appropria�e ga�ernmen�al aff�cial t❑ deli�er t❑ Lender at any��m� a.written
<br /> statement o�the�axes and assessments against the Property. �
<br /> Notice a�Cvnstru��ion. Trusfivr sha�l natify Lender at least fi�fteen {15� days betare any work is �ommenced, any
<br /> ser�ices are furnished, vr any ma�er�a[s are supp[ied�o the Praperty, if any me�hanic's lien, materialmen's �ien, �r
<br /> othe� lien cou[d be asse�-ted on accaunfi v-�the work, services, ar mafie�-�als. Trustor will upon request ❑f Lender
<br /> �urnish fio Lender ad�ance assurances satisfactory to Lender that Trus�ar can and wil! pay the cvs� ❑� such
<br /> improWemen#s.
<br /> PR�PERTY �AMAGE �NSURAN�E. The�ollowing prv�isivns rela�ing ta insuring�he Praperty are a part a��his ❑eed of
<br /> Trusfi.
<br /> MaEntenance of Insurance. Trust�r shall prvcure and �nain�ain palicies vf fire insurance vuith s�andard extended
<br /> �a�e�age endorsements vn a fair �alue bas�s for the full insurable va[ue co�ering all Emprvvements on the Real
<br /> Prvpe�ty in an arnount suf�icient tv aWoid app�ication o� any cainsurance �lause, and with a standard mortgagee
<br /> cfause in faWor of Lender. Trustor shalf a[s� procure and maintain comprehensive gener�a� �iahi[€ty insurance in such
<br /> ca�erage amounts as L�nder may request with Trustee and Lender heing named as addi�ional insureds in such
<br /> liabili�y insurance p�licies. Addi�iona�iy, Trustvr shall maintain su�h other insurance, inG�uding but not limified to
<br /> hazard, business �nterrupfiion, and boiler insurance, as Lender may reasonably require. Policies shall be written in �
<br /> �orm, arnounts, coWerages and hasis reasanahfy acceptable t❑ Lender and issued 1�y a company ❑r companies
<br /> reasonably accepta�le ta Lender. Trustor, upvn requesfi o� Lender, will deli�er�a Lender from time t❑ t�me the
<br /> palicies ar �ertifica�tes ❑f insuran�e in farrn satisfacfiary t❑ Lende�, including s�ipulatians�ha� ���erages will nvt be
<br /> cancelled vr diminished withouf a� least ten t�l Q} days prior }rvritten nvtice t� Lender. Ea�h insurance pv�icy also
<br /> shall include an endorsement prov�ding tha�ca�erage in fa�or af Lender will no�be irnpaired in any way by any act,
<br /> omission or de�ault��Trustvr or any ❑ther persan. Shou[d �he Rea[ Property be lacated in an area designated by
<br /> the Administrata�of#he Federal Emergency Nianagemsnt Ag�ncy as a special flood hazard area, Trus�to�r agrees ta
<br /> obtain and maintain Federal FIood ln�urance, if a�ailable, �or�he fu�i unpaid principal balance of the loan and any
<br /> priar liens ❑n �he property securing the faan, up to the maximurn pvlicy limits set under the Natianal Flood
<br /> tnsurance Program, ❑r as afiherwise required by Lender, and ta maintain su�h insuran�e�or the terrn ❑f the�aan.
<br /> Application v# Prviceeds. Trustar shall promptly notify Lender of any loss �r darnage t❑�he Pr�perty. Lender may
<br /> make praa�F of loss �f Trustar fails �o d❑ so within fifteen {'�5y days ❑fi the casualty. Whether ar no� Lender's
<br />
|