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<br /> �EE� �F TI��J�T
<br /> ���ntinueci} �a�� �
<br /> Real Praperty, or any interest in�he Rea! Pr�p�rty. A "sa[e or transfer" means the �on�eyan�e af Real Proper�y or any
<br /> �ight, t�tle or interest in the R�a[ Pr�perty; whe-ther legal, bene�iciaf or equi�abler whether �oluntary or in�aluntary;
<br /> �hether by autright saie, deed, ins�allment sale con�Crac�, Eand contract, �ontrac� far deed, f�aseha�d interest wi-th a
<br /> terrn greater than three {3� years, lease�aption contra�t, or hy sale, assignmen�, ar trans�er of any beneficia[ interest in
<br /> ar to any iand trust holding title �o the Real Proper�y, or by any vther�methad of con�eyan�e of an interest in the Real
<br /> Property. However, this optian shaf[ n�t �e exercised by Lender if such exercise is prohibited E�y federal law or by
<br /> Nebraska law.
<br /> TA�CES �4N0 L�ENS. The fa�[vwing pro�isions re�ating to the taxes and [�ens on the Property are part of this Deed of
<br /> Trust:
<br /> P�yment. Trustor sha{I pay when due fand �n all e�ents prior to del�nqu�ncy} af�taxes,special taxes, assessmen�s,
<br /> charg�s �including wa-ter and sewer}, fines and impositions le�ied against or on acc�unt❑f the Property, and shall
<br /> pay when du� all claims for wo�k done an or for serWices rendered or material furnished to the Property, Trustor
<br /> sha[[ maintain th� Property�ree of all liens h�ving priority o�er ar equal t�the interes'�af Lender und�r this Deed of
<br /> Trust, exc�p� #or �the fi�n vf tax�s and ass�ssments nat due, �xcept for the Exis�ing Indebtedness referred to
<br /> be[�w, and except as otherwise provided in�his Deed �f Trust.
<br /> PRaPERTIr aAMAGE IIVSUR�0IVCE. The�Folf�wing pra�isions relating t❑ insuring the Praperty are a parfi of this Deed of
<br /> Trus�.
<br /> �V[�intenance v� lnsurance= Trustor sha[[ procure and maintain p��icies of �ire insurance with standard ex�tended
<br /> coverage endorsemen�s ❑n a replacemen� basis far#he full insurable Walue co�ering all �mpro�ernents an the Real
<br /> Property in an amount su��ficient to aWoid appli�ation af any coinsurance �[ause, and with a s�andard rnortgagee
<br /> clause in fa�ar a�Lender, tQgether w�th such❑ther hazard and liability insurance as Lender may reasonab[y require.
<br /> Palicies shal[ be v�rrit�en in form, amounts, couerages and basis reasonab�y acceptable t� L�nder and issued by a
<br /> company or companies reasonab[y acceptabfe to L�nder. Trustor, upan request af Lender, wili de[i�er to Lender
<br /> from tim�to�irne the policies or cer`tifica�es of insurance in forrn satisfactory t❑ Lender, including sfipulations that
<br /> �vverages will not b� �ancell�d or d�m�nished vuithaut at least ten {'1�y days prior written no�ice tQ L�nder. Each
<br /> insurance policy also shall incfude an endarsemen� pro�iding that co�erage in fiavor o# Lender will no� be impaired
<br /> in any way by any act, ❑mission ar d�fault of Trustor or any other person. 5houfd the Rea! Property be lacafied in
<br /> an area designat�d by the Administrator o�the Federal Emergency Management Agency as a special �lood hazard
<br /> area, Trustor agrees to obtain and maintain Federal Flood �nsurance, if a�ailable, #or �he maximum amoun� of
<br /> Trust�r's credifi line and the�rull unpaid principal balance af any prior l�ens on the praperty securing the loan, up to
<br /> the maximum po[icy limits set under the Natiana�F�oad Insurance Prograrn, or as otherwise required by Lender, and
<br /> to maintain such insurance fvr the term of�he loan.
<br /> LENQER'S EKPEiV�3ITUF�ES. I# Trustor fa��s 4A} tv keep the Praperty free a�F al� taxes, �iens, security int�rests,
<br /> encumbrances, and oth�r claims, �6� to pra�ide any required insurance vn the Proper��y, 4C� tn rnake repairs ta the
<br /> Property or to cvmp�y with any obligation to rnaintain Exis�ing Inde�tedness in good standing as requ�red be[aw, then
<br /> Lender may dv s�. lf any actian vr praceeding is comm�nced �ha� r�vould ma�erially af-fect Lender's in�er�sts in the
<br /> Property, then Lender �n Trustor`s behal� may, but is not required to, ta�e any actit�n that Lender belie�es to �ae
<br /> apprapriate ta protect Lender's interests. All expenses incurred or paid by Lender �o� such purpos�s wi11 �hen bear
<br /> interest at the rate charged und�r the Credit Agreernent �Fram �he dafie incurred or paid by Lender t� the dat� af
<br /> repayrnent by Trust�r. All such expenses w��l becom� a part of the Indeb�edness and, at Lender's op�ion, will �A} be
<br /> payab[e on demand; {B} be added to the balan�e o�the Gredit Agreement and be apportianed among and be payable
<br /> with any�ns�a[[meni�payments�o become due during either �7� the term af any applicab[e insurance pali�y; or �Z} the
<br /> remaining term vf fihe �redit Agreement; ar �C� be-treated as a ba[[oon paymen�which vvilf �e due and payab[e a�the
<br /> Credit Agreement's maturit�.
<br /> WARR�INTY; DEFEiVSE�F TI�'LE. The fivllawing pro�isians rela�ing to owne�rship of the Prap�rty ar� a part of�his Deed
<br /> of Trust:
<br /> T�t[e. Trustor warrants that: [a} Trust�r hvlds good and marketable title o� record to the Prop��ty in fee simple,
<br /> fre� and c[ear ❑f all liens and encumbran�es other than th�s� se�forth in the Real Property descripti�n or in the
<br /> E�cisting Indehtedn�ss se�tion below or in any title insurance po[icy,title report, ar#inal title �pinion issued in fa��r
<br /> af, and accep-ted by, Lender in connecti�n with th'rs C�eed o�Trus�, and �by Trustar has the full righ�, power, and
<br /> authQrity to execute and deli�er this aeed of Trus�to Lender.
<br /> Defense ❑f T�tie. Subject tv the exception in the paragraph abo�e, Trustor warrants and wi�l fare�er defend the
<br /> ti�le to the Praper�y against the lawful claims af all persons.
<br /> EKISTING�NDEBTEDIVESS. The#oflowing pravisions concerning Existing lnd�btedness are a part❑��his Deed ❑f Trust:
<br /> Existing Lien, The iien af this Deed a� Trust securing the Indebtedness may be secondary and inferior to an
<br /> exisfiing �ien. Trustor cxpress[y �o�enants and ag�-e�s to pay, vr see to the payment of, the Existing fndebtedness
<br /> and to pre�ent any default on such indeb�edness, any def�uft under the instruments e�idencing such indebtedness,
<br /> or any de�ault under any se�urity documents for such indebtedness.
<br /> EVENTS ❑F DEFAUL�. Trus��r will be in defau[t under this Deed o�Trust if any��the following happen: �A} Trus�or
<br /> �amrnits fraud ❑r makes a material misrepresentation at any time in connectian w�th the Credit Agreemen�. This can
<br /> include, for example, a false statement abvut Trustorrs inc�m�, asse-ts, liabili�ies, or any ❑�her asp�cfis of Trustvr's
<br /> financial canditivn. �B} Trustar does not rneet the repayment terms vf�he Credit Agreemen�. �C} Trustor's actian or
<br /> inaction ad�ersely affects the colla��ral or Lenderrs righ-ts in the c�llateral. This Gan include, for examp[�, �Failure to
<br /> maintain required �nsurance,vUas�e�r destruc-�i�e use of the dwelling, faiiure t� pay�axes, death of a!� persons liable on
<br /> the aGcount, transfer of -�i-�le or sa�e vf the dwel�ing, creation af a seni�r lien �n the dwelling withaut Lender's
<br /> permissian,f�rec�osure by the holder of another lien,or the use of funds or the dwelling for prohibited purposes,
<br /> �1GHT5 AND REIVlE[]fES �[V DEFALJLT. Upon th� occurrence a� any E�ent of Default under any indeb�edness, or
<br /> should Trustor fai!�v�ompfy�rvi�h any�f Trustor's vb[igations under this Deed af Trust, Trustee ar Lender may exercise
<br /> any ane�r more af the follvwing rights and remedies:
<br /> Ac�ele���ivn Upon De#au[t;Ad�itivna�Remedies. ff any E�en�o�Defau[t oG�urs as per th�terms of the Credit
<br /> Agreemen-�s�cured hereby, Lender may declare a11 Indebtedness secured by this aeed vf Trust ta be due and
<br /> payable and�he sarne shaf[thereupon become due and payable without any presentment, demand, pr�test ar
<br /> no�ice of any kind. Thereafter, Lender may;
<br /> �a� Either in person or hy agent, with or without taringing any ac�ion ar pr�ceeding, or by a recei�er
<br /> appointed by a court and withvut regard �o�the adequa�y of its securi�y, en�er upan and take possessivn
<br /> of the Proper-ty, or any par��hereot, in its❑wn name or in th� name af Trustee, and do any acts which it
<br /> deems necessary❑r desira�le-ta preserve the va[ue, marketabifity or rentabili�y of th� Property, or part of
<br /> �he Praper�y ar in�erest in the f'rnperty; increase �he incorne �ram the Praperty or pratect the s�curity af
<br /> the Pr�perty; and, with or withou� taking posscssion of the Property, su� far or otherwise coffect the
<br /> r�nts, issues and profits af the Property, including thase past due and unpaid, and apply the sam�, less
<br /> costs and exp�nses of operation and cv�lection attorneys' fees, to any indeb�edn�ss s�cured by this Deed
<br /> o� Trust, a[[ in such order as Lender rnay determine. The entering upon and taking possession af the
<br /> Proper�y, the colfectiQn a� such r�nts, issues and pro�its, and the application thereof shaff nofi cure or
<br /> waive any default ar noti�e o�default under this ❑eed ��Trust�r inva�idate any act done in respanse to
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