|
2� 15�77� 1
<br /> �EE� �F TF�LJ�T
<br /> _
<br /> � �nt�nu� � � �ag� �
<br /> genera�ivn, manufa��ure, stora�e, treatment, dispasal, release vr threatened ref�ase of �ny Hazardous 5ubstance
<br /> on, under, a�ou� or from the Property by any priar owners or accupants of the Prop�rty, �r �c} any �ctuaf or
<br /> threatened fitigation or clairns a-� any kind by any persvn �eiat�ng to such mat�ers; and �3� Exc�pt as pre�iousfy
<br /> disclosed to and acknvwledged by Lender in writing, �a} neith�r Trustor nor any�enant, con�ractor,agent or other
<br /> au�hvrized user of the Prope�y shaf[ use, gener�tep manu€acture,s�ore, trea�, dispose o�or�e�ease any Hazardous
<br /> - Su�stance on, under, about or-�ram the Prvperty; and {b} any su�h acti�ity sha�l be conducted in compliance�rui�h
<br /> a!I appi�cable fed�raE, state, and fvcal [aws, regu[ations and ordinances, incfuding wi�hout limitation all
<br /> En�rironmentai Laws. Trus�ar au�horize.s Lender and i�s agents �a ente� upon �he Proper�ty to ma[�e such
<br /> inspe�tEans and �ests, at Trustor's,expense. as Lender may deerr� appropriate �� determine compli�n�e o� the
<br /> Property wi�h this sec�ivn of the Deed af Trust. Any inspec�ions vr -��sts made by Lender shall be fo�- Lender's
<br /> �urposes on[y and shalf nofi be construed to create�ny responsibiiity�r�iahi[i-ty an-�he part o�Lender to Trustar or
<br /> to any other person. Tine representations and warranties �ontained herein are bas�d on Trustvr's due dE�igen�e in
<br /> in�es�igating the Prvperty fa�- Hazardous Substances, Trustor herehy {�� refeases and wai�es any future c[aims
<br /> agains� Lender far indemn�ty ❑r ��ntribu�ion �n the e��n�Trustor be�omes liable €or cleanup o� other co��s under
<br /> any such [aws; and ��� agrees to �ndemnifiy, de�end, and ho�d harm[ess Lender against any and a[[ c[aims, �osses,
<br /> lia�ilities, damages, pena[ties, and expenses which Lend�r may direc�ly vr indirec�ly sus�ain or su�ffer resul�ing from
<br /> a breach o��h�s se�tion of the Deed o�Trust or as a consequence o�any use, generatian, manufa�ture, storag�,
<br /> disposa[, re[ease vr-threatened release occur�ing prior to Trustor's ownership oc in�erest in-�he Prvperty,wh�th�r fl�
<br /> no� the same was or should ha�e been known to Trustor. The prorrisions a� this se��ion o� the Deed o-� Trust,
<br /> including-�he obliga�ion�o indemni-�y and defend,shall sur�i�e the payrn�nt�f the �ndeb�edness and the sa�tis�actian
<br /> and recon�eyance of fihe [ien ���his D�ed of Trus�and shall nvt be a�ec�ed by Lender's acquisition o�any interest
<br /> in the Proper�y,whe�he�by�orec[asure ar o�herwise.
<br /> Nuisance. �as#e. Trustor sha[f no� cause, conduct or permi� any nuisance nor commit, permit, or suffer any
<br /> st�ipping af or waste an ❑r to �he Proper�y or any po��tian of the Prvperty. 1lVithou� �i�riiting the generali�y vf�he
<br /> foregving, Trustor wi[[ not �emo�e, or grant�a any other party the right�o remo�e, any timberr minerals �inclu��ng
<br /> oi[and gas}, �oa[, c[ay,scaria,svil,g�-avel or rock prvduc�s without Lende�'s p�ior written consent.
<br /> Rerr�o�al of Imprvve�nents. Trusto�sha�[ not demalish�r remo�e any fmpravements from the R�al Prop�rty withvut
<br /> Lender's prior wr'rtten consent. As a conditivn tv the removal v�any fmpro�ements, Lender may requEr�Trustor to
<br /> make arrangements satis�actory �o Lender �o replaGe su�h Impro�emen�s with lmpro�smenfis o� at least �qual
<br /> �a�ue.
<br /> Lendle�`s Right ta Enter. Lender and Lender's agents and represen�a�i�es may enter upon the Reaf Prvper�y at all
<br /> reasonab[e times tv a��end �o L�nder's interests and to inspect �he Rea! Property for purposes of Trusto�-'s
<br /> comp[ianGe v►r��h�he�erms and conditions of this Deed vf Trust.
<br /> Cvr�plian�e with �overnmenta� Requirements. T1"L[S�DP" shal� prompt[y �omply wi�h all laws. ardinances, and
<br /> re�ula�ions, nvw or hereafter in effect, af all gfl�ernmenta� authoriti�s applicable tv the use a�- vccupancy flf the
<br /> Prvper�y, inciuding without [imita�ionr �he Americans VII�th Disabi�i��es Ac�. Trusto� may cantest in good fai�h any
<br /> such faw, ordinance, or regulatron and w�thhald comp[iance during any proceeding, inc[uding appropria�e appeals,
<br /> so [ang as Trustor has no�ifiied Lender�n w�iting prior�o doing s❑ and so lang as, in L�nder's sole opinion, Lenderrs
<br /> interests in the Proper�y are nvfi jeapardEzed. L�nder rr�ay requ�re Trustor to post ad�qua�e s�curity ❑� a sur��y
<br /> band, reasanabfy sa�isfactory to Lender,to prp�ec�Lender's interest.
<br /> Duty to Prot�ct. Trustvr agrees neither ta abandvn o�- fea�e unat�ended the Property. T�usfior sha[[ do aff other
<br /> a�ts, in addition to those aGts set forth abo�e in this sectian, wh�ch�rom the �haraG�er and use o�the Proper�y are
<br /> reas�na�ly necessary t� profie�t and preser�e th� Prvperty.
<br /> DUE�N SALE-CafV�EiVT B�LENDER. Lende�may, at Lender's optian, declare immediate[y du� and payable all sums
<br /> secured by this I�eed of Trus�upon th�sa�e or�ransfer,wi�h�u�Lenderrs priar writk�n c�onsen�,af all or any part o��he
<br /> Reai Proper�ty, or any interes�in�he Rea1 Property, �e "safe or�ransfer" means the con�eyance of Real Prvperty or any
<br /> �igh�, ti�fe or in�eres� in the Real Praperty; v►rhether legalr bene��ciai ar equitab[e; whe�her �oluntary or "rnvaiun�ary;
<br /> �rvhether by ou�righ� sale, deed, insta�[ment safe contrac�, fand contract, cantract �or deed, feasehold anterest with a
<br /> term �r�ater than three �3} years, lease=op�ion con�ract, o� by sale, assignment, vr transfer of any benefi�ia[ interest in
<br /> or to an�r land trust h�lding titie ta the Real Proper�y, ar �y any other me�hod of can�eyance a�an Enterest in the Real
<br /> Praperty. Howe�er, �his vption shalf no� be exercised by Lender �f such exercise 'rs prahibited hy �rederal lavir or hy
<br /> IV�braska faw.
<br /> TA�CES AIV[� LIEiV�. The faffowing pro��sions re�ating to the �axes and iiens on the Property are par� of this Deed v�
<br /> Trust:
<br /> Pa}rment. Trus�vr shall pay when due �and in af f events pr�or�o d�linquency} af f taxes, special�a��:s, assessments,
<br /> charges {inciuding water and sewer}, fines and imposit�ans I��Eed agains-�or on accounf o��he Properfy, and shaf[
<br /> pay when due all Gla�ms �or vvork dvne vn or for servic�s rendered or material ;urnished to the Prvper�. Trus�or
<br /> shall maintain�he Property free vf a[f iiens ha�ing p�io�ity o�er nr equal to th� int��es�ofi Lender under this ❑eed o�r
<br /> T�ust, except �or the I�en of ta�ces and assessments not due and e�ccep� as oth�rwise pro�ided in fihis Deed ofi
<br /> T�rust.
<br /> Righ#�o Con�est, T�ustor may w�-�hhold payment of any tax, assessrr�en�, a�claim in �onnect`ron with a good-Faith
<br /> dispute o�er the vb[igation to pay, so [ong as Lender's �n�eres�En the P�vperty is nat�eapardized. Ef a fien arises or
<br /> is fiEed as a resu�� af nonpayment, Trusto� shalf v►rithin �if�een ��5� days afiter �he lien arises ar, i�f a [ien is fi�ed�
<br /> within fif-teen �15� days af�er Trusto� has n�tice of the filingr secure the dEscharge of the Iienr or if requ�sted by
<br /> Lender, dep�sit with Lender cash or a sufficient corporafie sur�ty bond or other securi�y satisfac�ory�a Lender in an
<br /> amoun�sufficien�tv discharg�the Eien pfus any��sts and attorneys' �ees, or other�f�arges�hat cvuld aGcru�as a
<br /> result o�a�oreGlvsure vr saie under the lien. �n any contest,Trustvr s�aff defend i�self and Lende�and shaff satisfy
<br /> any ad�erse judgm�nt be��re enf�rcemen�agains�the Praperty. Trus�or shall name L�nder as an add��i�naf abligee
<br /> u�d�r any surety bond furnished in�he Gontest prac�edings.
<br /> Evi�ence o�F P�ymsnf. Trustor sha�l upon d�mand �urnish tv L�nd�r satis�actoE-y ev�denee of payment o�r the taxes
<br /> or assessmen�s and shall au�horize�he appropriate gor��rnr�e�fial afficia� �o d�[i��r to Lender at any��m� a written
<br /> statement of the�a�-es and assessments agains��he P�oper�y.
<br /> Nv��G� vf Gons#ru��ion. TrUstor shall no�ify Lender at �east f'rfteen (15� days before any wo�l� is ��mmenced, any
<br /> senr�ces are furnEshed, or any materials are supp�ied tv the Property, �f any mechanic's lien, materiafinen's �ien, vr
<br /> ather fier� cou�d b� asser-�ed on accaunt a�th� w�rk, ser�ices, or maferials. Trustor �rviCf upon reques� of Lender
<br /> �urnish �a Lender ad�ance assura-nces satisfactory �o Lender �ha� Trustor can and wi11 pay the cvs� o� such
<br /> �mprvvemen�s.
<br /> PR�PEI��'Y DA�IAGE�NSl�RAIVCE. The following pr��isions re�ating t❑insuring �he Prope�y a�e a part of�his Deed vf
<br /> T�ust.
<br /> N�a�n�enance of insurance. Trustor shall procure and rnain-�ain pvlic�es v� fire insurance wi�h standard ex�ended
<br /> co�erage sndorsemen�s on a repiace�rtent basis �or�he -�u11 insu�ab�e value covering afl f mpro�ements on the Rea�
<br /> Property in an amoun� su�fic�en� �o a�aid applicatian vf any c�insurance c[ause, and v►rith a standard m�rtgagee
<br /> clause ir�fav�r af Lender. Trustar shai[ afsv pracure and main�ain carnprehensi�e genera� liabili�}r insurance in such
<br /> coverage amounts as Lend�r may request with Trustee and Lender being nar�-��d as addEtianai insureds in such
<br />
|