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��15��83�
<br /> DEED �F TRI��Y
<br /> Loan Nv; 7�7�898�� �Continued� �ag� �
<br /> Proper�y. Trustor may cantest in goad�aith any suGh 1aw, ordinance,ar regulation and withhoid campliance during
<br /> any pra����ing, including apprapriafe app�als, so long as Trustor has notified Lender in writing prior to doing so
<br /> and so [�ng as, in Lender's so�e�pinion, Lender's interests�n�he Property are not jeopardized. Lender may require
<br /> Trustor t❑ pas�ad�quafe se�urity ar a surety bond, reasonably satisfac�ary�❑ Lender, tfl prvt�ct Lender's in�er�st.
<br /> ❑u�y tv Pra�ect. Trusta�- agrees neither to abandvn or leav� unattended �he Praperty. Trustor shall do a[I ather
<br /> acts, in addition t�those ac�s set�or�h aba�e in this sectian, which f�om the character and use of the Praperty are
<br /> reasonably necessary to protect and preser�e the Property.
<br /> QUE�N SALE��DNSENT BY LENOER, Len�er may, at Lend�r's option, declar� immediat�ly due and payable all surns
<br /> secured by this Deed af Trust upvn th� sale or transfer,.without Lender's prior written�onsent, ot all or any part of the
<br /> Real Prvperty, or any in�erest in�he Reaf Pr�perty. A "sale ar trans�er" means the conveyance of Real Property❑r any
<br /> right, fiitle or int�rest in the Rea� Praper�y; whether legal, beneficta� or ��uitable; whether voluntary or in�oluntary;
<br /> whether by vutright sa[e, deed, installment sale �vntract� land c�ntra�t, contract far deed, leas�hold interes� wi�h a
<br /> term greater than three {3) years, lease�optian contract, or by sale, assignment, or transfer af any benefi�ia! interes�in
<br /> ar to any�and trust h��ding title ta the ReaE Pr�perty, ❑r �a�any other methad of con�eyance of an inter�st in the Rea[
<br /> Prvperty. Howe��r, �his vptian shal� no� be exercised by Lender if such exercise is prohibi�ed by federal law ❑r by
<br /> Nebraska law.
<br /> TAxES AN�] LIENS. The follawing pravisions r�lating #o the taxes and �iens on th� Property are part af�his Deed o�
<br /> Trust:
<br /> Payment. Trus�ar shall pay when du� �and in all e�ents prior tv delinquency� all fiaxes, special taxes, assessments,
<br /> charges {including water and sewer�, fines and impasitions I�v�ed against or on account�f the Property, and shall
<br /> pay when due all claims for vvork done �n vr for ser�ices rendere� or mater€a� furnished to the Property. Trustvr
<br /> shall maintain the Praperty free afi all liens ha�ing pri�ri�y over or equal t�the interest af Lender under this �eed a�
<br /> Trust, except for the �ien of taxes and assessrnents not due and ex��pt as atherwise pro�id�d in �his ❑eed of
<br /> Trus�t.
<br /> Right ta �vntest. Trustor may withh�ld payment of any tax, assessment, �r claim in conn��tivn wi�h a gaod fa[th
<br /> dispute vver the abligat�on t� pay.sa Ivng as L�nder's �nterest in the Prvperty is nvt jeopardi�ed. If a lien arises or
<br /> is filed as a result o� nanpaymen#, Trus�tor shall wi�hin fifteen (�5} days after �he lien arises or, if a lien is filed,
<br /> within fifteen �1 5} days after Trustor has natice of the filing, secure the discharge vf the lien, vr if requesfied by
<br /> Lender,depasit wi�h Lender cash�r a su��Ficient carpora�e surety bond or other security satis�Factory to Lender in an
<br /> amaunt sufificient ta discharge the lien plus any �osts and attarneys' fees, �r other charges fhat could a�crue as a
<br /> result of a fc�recl�sure❑r sale under the lien. 1n any contes�,Trus�kor sha�[ defend itse[�and Lender and shal[satisfy
<br /> any adverse judgrnent before enforcemen�t agains�the Property. Trustar sha[I name L�nder as an additi�nal ❑bligee
<br /> und�r any surefiy bond furnished in the�ante�t praceeding�.
<br /> E�iden�a of Payment. Trustvr shall upon demand furnish�o Lender satisfactory evidence of payment of the taxes
<br /> or assessm�nts and shal[ autharize the appropriata governmenta� ❑fficial t� deliver�o Lender�t any time a written
<br /> statemen�of the�axes and ass�ssments against th�Property.
<br /> Nati�e of Cans�ruction. Trus��r sha�l notify Lender at least fifte�n (�5� days hefare any wark is cammenced, an�
<br /> serW�ces are furnished, �r any materials are supplied t� �he Proper�Cy, if any m�chanic's lien, materialmen's [ien, vr
<br /> other lien could be asserted on account o�the war1�, ser�i�es, or materials. T�ustor wrll uptin request of Lender
<br /> furnish to Lender a�l�ance assurances satisfactory ta Lender fhat Trustvr �an and will pay the cas� ofi such
<br /> impro�emcn�s.
<br /> PRDPERTY DA1111AGE INSURANCE. The fa�lowing pro�isions relating to �nsuring the Praperty are a par�❑f this Deed af
<br /> Trus�.
<br /> Maintenan�e of lnsurance. Trus�or shall procure and maintain poii�ies of �ir� insurance with s�andard extended
<br /> �o�erage endarsem�nts �n a fair �a�u� hasis for the ful� insurabie valu� co►�ering all lmprovements vn �he Real
<br /> Prop�rty in an amount suffi�ien� to av�id applicatiQn of any coinsurance claus�, an� wi�h a standard mor�gagee
<br /> clause in favvr of Lender,tog�ther with such❑ther hazard and liabi�i�y insurance as Lender may r�asonably require.
<br /> Pali�ies shall be written in form, amounts, �ov�rages and basis reasonably acceptable �ko L�nder and issued by a
<br /> c�mpany or carnpanies reasonably ac��ptable �� Lender. Trus�vr, upon request of Lender, will deliver to Lender
<br /> �From�im� to�ime the policies �r cer�i�icates af insuranc� in�arm satisfactory to Lender, including s�ipulatians that
<br /> co��rages rrvif� no� he cancelled ar diminished without at leas�t�n (��� days prior writt�n natiCe to Len�ler. Each
<br /> insuranc� policy als❑ shall include an endarsement pro�iding �that cvWerage in fa�vr af Lender will no� be impaired
<br /> in any way by any act, omission ❑r default ot Trustor ❑r any❑ther persan. 5hauld the Real Pr�perty be �ocat�d in
<br /> an area designated by the Administrator �f th� Federal Emer�ency Managernent Agen�y as a special flood ha�ard
<br /> area, Trustor agrees �o obtain and maintain Federal F��od Insurance, if a�ai�able, �or �he full unpaid prin�ipal
<br /> baiance of�he Ivan and any prior[iens an the property securing the loan, up to�lh� maximum policy fimits set under
<br /> �he N�tional Flofld lnsurance Program, or as atherwise required by Lender, and to maintain such insuran�e for the
<br /> term❑�F the foan.
<br /> App�ica�ion of Procee�ls, Trustor shail pramptly no�tify Lender of any Ivss ❑r damage to the Pr�per�y, Lender may
<br /> m�l�e proo� of loss �f Trustar #a�i� to do s� within fEfteen �15} days af the casualty. Vllhether �r not Len�ler's
<br /> security is impair�d, Lender may, at Lender`s��ec�ian, receive and retain the praceeds a�F any insurance and apply
<br /> the pro�eeds tv the r�ductian �f the indeb�edness, payrnent afi any lien a�fiec�ing the Pr�perty, or the restoratian
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