2� 15�733�
<br /> DEED �F TRUST
<br /> ���ntinued� P�ge �
<br /> Environrnental Laws. Trustor authorizes L�nder and its agents to enter upon the Property to make such
<br /> inspections and t�sts, at Trustor's expense, as �end�r may de�m appr�priate ta determine carnpliance of the
<br /> Prvperty with this secti�n vf the Deed af Trust. An� inspections ar tests made by Lender shalf be far LPnder"s
<br /> purposes anly and shall not be construed to create any resp�nsibility or liahi�ity an the part of Lender ta Tr�stvr ar
<br /> �o any o�her person. The represen�ations and warranties con�ained herein are �ased an Trustor's due di�igen�e in
<br /> in�estigating the Property f�r Hazarr�ous 5ubstances. Trus�ar hereby {1} refeases and ►nrai��s any future clairns
<br /> against Lender far indemnity vr cont�ihution in the eWent Trustor becomes liable for cl�anup ar vther �ost� und�r
<br /> any such laws; and �2� agrees to indemnify, defend, and ho�d harml�ss Lender against any and al� claims, lasses,
<br /> liabili�ies,damages, pQnalties, and expense�which Lend�r may ciirectfy or indirec�ly su�tain ar�uffer r�sulting fr�m
<br /> a breach of this section of the Deed of Trust or as a consequen�e af any use, gen�ratian� manu�racture, starage,
<br /> disposa�, release or threatened release occurring prior to T�ustor's awnership or inte�es�in the Propertu, whether a�
<br /> not the same was �r should ha�e been known ta T�ustor. Tl�e pro�isivns �f this sectivn ❑f the Deed of Trust,
<br /> including the obligation�❑ indemnify and defend,shal!survi�e the payment of the lndebtedness and the satisfactian
<br /> and recon�eyance of the lien of this Deed af Trust and shall not be affected by Lender's acquisitian of any interest
<br /> in the Prop�rty, whether by foreclasure or otherwi�e.
<br /> Nuisance, Waste. Trustor shall n�t cause, conduct or p�rmit any nuisan�e nvr cammit, permit, or suffer any
<br /> stripping of or waste on or to the Property or any pvr�ivn af the Property. Wi�hout limiting the generality o� the
<br /> forggving, Trustar will not remo�e, or gran#tv any ofiher party th� right to remove, any tirnber, rn�nera�s �including
<br /> oil and gas�,coal, clay, s�aria,sai�,gravel ar rv�k producfis w�thout Lender's prior written cansent.
<br /> Removal of Impro�em�n�s. Trustar shall n�t demalish�r r�mave any lmpra�ements�rom the Real Property�Without
<br /> Lender's privr written consent. As a condition ta the remo�al of any Impro�ements, Lender rnay require Trustvr to
<br /> make arrangem�nts satisfactory to Lender to r�place such Impro�ements with Impr��ements vf at least �qual
<br /> �afue.
<br /> Lender's Right tv Enter, Lender and Lender's agents and repr��enta���es may enter upon �the Real Prapert�� at all
<br /> reasvnable times t❑ att�nd ta Lender's interests and to inspect the Real Prvper�y for purpvses of Trustar's
<br /> camplianc�with the t�rms and conditions of this Deed af Trust.
<br /> Cvmpliance wifih Go►�ernrnental Requirernents. T�usto� shalf promptly �vmpiy with all lav�►s, ordinances, and
<br /> regulations, now or h�reafter in effe�t, �f all ga�ernmental au�thorities applicable to the use or r��cupancy vf the
<br /> Praperty. Trustar ma�contest in gaad fai�h any such law,ardinance, vr regulation and withhald Gvrnplian�e during
<br /> any prviceeding, in�luding appropriat� appeals, sa lang as Trus�tor has no�ified Lender in �nrriting priar ta do�ng s❑
<br /> �nd so lang as, in Lender"s svle apinion, L�nde�'s interests in the Praperty are not jevpardized. L�nder may re�uire
<br /> Trustor ta past adequate security vr a surety bond, reasonably satisfa�tory ta Lender, to pratect Lender's int�rest.
<br /> Duty tu Prote�t= Trus�or agrees neither to ahandon ar �ea�e unattended the Property. T�ustar shall dv all flther
<br /> act�, in addition to those acts se�fiorth above in this section, which fram the character and use af�he Property are
<br /> reasanably necessary t❑protect and pr�serve the Property.
<br /> DUE�N SALE-CaNSENT 6Y LENDER. Lend�r may, at Lenderr5 Q�7fiiOt1, declare immediately due and payable all sums
<br /> se�ured�y this Deed of Tr�st upvn�he saCe or transfer, withoufi Lender's pri�r written consent, of all�r any par�of the
<br /> Real Property, or an�interest in the Real Property. A "sa�e or transfer" means the can�eyance vfi Reai Prop�rty or any
<br /> right, title or interest in the Real Property; whether [ega�, beneficial ❑r equitable; whether �vluntary or in���untary;
<br /> whe�he�r by outright sale, deed, installment sale con�ra�t, land �Qntract, con�ract far deed, �easehaid in�erest w�th a
<br /> term greater than three �3f years, lease-aptian cantract, vr by sale, assignment, or�rans�er of any ber��fi�ial inter�st in
<br /> vr tv any land trus� ho�ding title to the Real Property, ar by any vther me�had ❑f con�eyance vf an int�rest in the Real
<br /> Prvperty. Howe�er, this �ptian shall not be exerGised by Lender i� su�h exercise is prohibited by �ederal lav�r or by
<br /> Nebraska[aw.
<br /> TAKES AND LlENS. The following prv�isionS refating t❑ the taxes and liens �n the Property are part of thiS Ceed of
<br /> Trust:
<br /> Payrnent. Trustar shall pay when �u� �and in all e�ents privr to delinquencyy all taxes, special taxes, assessments,
<br /> �harges �including wa�er and sewer}, fin�s and impositivns I��ied agains�or on account af the Property� and sha�!
<br /> pay when due all c�aims �or work done on or for ser��ces rendered or material furnish�d to the Prop�rty. t�rustor
<br /> shall maintain the Property free vf all liens ha�ing priority a�er�r equal t�the inter�st of Lend�r under this D�ed of
<br /> Trust, ex�ep� far the lien of taxes and assessments nat due, except for the Existing Indebt��ness re�er�ed to
<br /> hei�w� and ex�ept as a�herwise pro�ided in�his❑eed of Trust.
<br /> Right to Cvntes#. Trus�or may withhold payment af any tax, assessment, ❑r c�aErn in cvnnectian with a gaod faith
<br /> dispute o�er the abliga�ion�o pay, sa fflng as Lender"s interest in the Property is no�j�apardized, �f a fien arises or
<br /> is fifed 35 a resuft of nvnpayrnent, Trustvr shal! within �ifteen (15} days aft�r the lien arises or, if a lien is filed,
<br /> within fif��en {�5f da�s a�t�r Trustvr has notice of the filing, secure the d'ss�harge of the �i�n, ar if reques�ted by
<br /> L�nder, deposit with Lender cash ar a suf�icient carpara#e surety�ond or vther seGurity satis�a�tary ta Lend�r in an
<br /> arnount sufficient to di��harge the lien plus ar�y costs and attorneys' fees, or other�harges that could accrue as a
<br /> result ofi a forecl�sure ar sale under the�ien, �n�ny cvn�est,Trustor Sha�[de�end itself and Lender and �hall satisty
<br /> any ad�erse judgment before enfarcement agains��he Property. Trustar shall name Lender as an additianal obligee
<br /> under any surety bvnd�urnish�d in th�contest praceedings.
<br /> E►riden�e of Payment. Trustar shaii upon demand �urnish ta L�nder satisfactary e�idence of payment of the taxes
<br /> or assessments and shall authari�e �he appropriate go�ernmental official to deli�er ta Lender a�any tirne a written
<br /> statement of the�axe�and assessments against th� Property.
<br /> Notice af Canstru�#ion. Trusta�shall natify Lender at ��ast'��fteen {15� days befa�e any work is �amrnenced, any
<br /> servi�es ar�furnishedID �r any mat�rials are supplied to�he Praperty, if any m�chan�c's lien, ma�erialmen's lien, or
<br /> o�h�r �ien �ould be ass�r�ed vn accaunfi nf the wo�k, ser��ces, or rnaterials and the Gos� exceeds $'�,DD�.U4.
<br /> Trus�ar will upon request af L�nde� furnish to Lender advance assurances sa�isfacta�y to Lender that Trustvr Gan
<br /> and will pay the cast af such imp�o�ernents.
<br /> PR�PERTY DAIIJIAGE INSURANGE. The following pro�isians re�at�ng to insuring�he Property are a part o�this Deed of
<br /> Trus�.
<br /> Maintenance of �nsuran�e. Trustor shall procure and maintain policies of fire insurance wi�h standard e�ctended
<br /> ca�erage end�rsements an a r�p[acement bas�s fo�the fufl �nsurable value ca�ering all Impro�ements on the Reai
<br /> Prvperty in an amoun� su��i�ient to a�vid applicat�on o'� any coinsurance clause, and ti►vi�h a standard mar;gagee
<br /> claus�in fa�or❑f Lender,tag�ther with such other ha�ard and liability insurance as Lend�r may reasonably require.
<br /> PalEcies shall be rrvritt�n in �orm, amoun�s, ca��rages and basis reasvnably acceptabfe to Lender and issue� b� a
<br /> cornpany or cornpanies reasanably acceptabi� to Lender, Trus�ar, upon request of Lender, wi�� deli�er to Lender
<br /> from time to time the policies ar certificates af insurance in form satisfactary to Lender, inciuding s#ipulafi�ns that
<br /> co�era�es wi11 not be cance��ed ar dimini�hed withaut at least thirty {3�� days prior written not�c�to Lender. EaGh
<br /> insurance poli�y also 5hali in�lude an �ndorsem�nt prv�iding that coverage in faW�r a� Lend�r wil[ n�t be impaired
<br /> in any v►�ay by any aCt, amissivn ar default v#Trustor❑�any other p�rsvn. Shou�d the Real Property be located in
<br /> an area de�ignated by the Administrator af�he Federa� Emergency Management Agency as a special fload hazard
<br /> area, Trustor agrees �t❑ vbtain and maintain Fed�ral F[oad Insurance, if a�ailable, far the maximum amaunt a�
<br /> Trustar's credit�ine and the�ull unpaid principa� ba�ance of any pri�r li�ns on the prvperty securing the Ivan, up to
<br />
|