2� 15�8�57
<br /> E. Such additianal sums, with interest thereon, as may b� h�reafter borrowed from
<br /> B�neficiary, its successors ar assigns, by Trus�or, its successors or assigms, when
<br /> evidenced by another writing or wri�ings, which are by the terms thereof secured
<br /> by th�s De�d of Trust.
<br /> ARTI�LE II.—PR�VISI�NS RELATIN�T�THE M�RTGAGED PR�PERTY
<br /> Section 2.1-Taxes and Governmental�laims. Trustor agrees to pay,or caus��o be paid,any
<br /> and ai� taxes, assessments and ga�ernmenta� Charg�s whatsoever 1e�ied up�n or assessed or charged
<br /> against th�Mortgaged Property,including assessments fln appurtenant water stock, at least fifteen �15�
<br /> days prior to the da�e such would become d�linquent if not paid. Subj ec� ta the pro�isians hereof
<br /> relating �a impaunds, Trustor shal� give Beneficiary a receipt or receipts, or cer�ified copies �hereof,
<br /> e�idencing e�ery such payment by Trustor prior t� the time that such payment would become
<br /> delinquent. Trustor shall pay and satisfy a11 other clai�ns, liens and encumbrances affecting or
<br /> purporting to affect the title to, or which may be �r app�ar to be liens on, the M�rtgaged Property, or
<br /> any part thereof, and all Gn5�5, charges, interest and penalties on account thereof, and to gi�e
<br /> Beneficiary,upon demand, evidence sat�sfa�tory�o Beneficiary of the payment or satisfaction thereof.
<br /> Trustor�avenants and agrees that in the e�ent of the passage after the dat�nf this Deed of Trust of any
<br /> Iaw of the Sta�e af Nebraska, deducting from the va�ue of real praperty for purpas�s of taxation of
<br /> deeds of trust or debts secured by deeds of t�rust fvr s�a�e or loca�purposes, or the manner of cvlle�tion
<br /> of any such taxes, and �mposing a tax, either directly or indirectly, on this Deed of Trust or the Note,
<br /> the whal� surn secured by this Deed of Trust, with interest thereon, shall, at the elec�i�n of
<br /> Benefi�iary, become immediately due, payable and collectible on a date to be specif ed by not less
<br /> than �hirty �3�} days written notice to be gi�en �o Trustor by Beneficiary; PR�V�DED, H��VEVER,
<br /> that such ele�tion shall be ineffective if Trustor is not prohibited by law from paying the whole of such
<br /> tax in addition to a1� other payments r�quired hereunder, and the paymen� of such tax will not
<br /> constitute usury or render the loan or indebtedn�ss secured hereby whol�y or partialiy usurious under
<br /> any of the terms of the Note, this Deed of Trus� ar atherwise, and if Trustor, prior ta such sp�cified
<br /> date, does nat pay such tax and in writing in all respects satisfactary to Beneficiary agrees to pay any
<br /> such �ax when thereafter levied ar assessed against the Mor�gaged Property, which shall thereafter
<br /> canstitu�e a portian of the Secured Indebtedness.
<br /> Section 2.� -- Contest af L��ns. The Trus�or shall not b� required �o pay or discharge any
<br /> �ax,assessment, governmen�al charge or�ien sa long as the Trustor sha11 in gaod fa�th contest the same
<br /> or th� �a�idity thereof by appropriate legal pr�ceedings which shall op�rate to prevent the callection .
<br /> thereaf frflm, and� the sale of, the Mortgaged Pr�perty, ar any part thereaf, to satisfy the same;
<br /> pro�ided that: ���fihe Trust�r shall ha�e deposited with the Lender such reasflnab�e security as may be
<br /> demanded by the Lender to insure payment and pr��ent any sale or forfeiture af any part of the
<br /> Mortgaged Property by reason of nonpayment; (�}neither the M�r�gaged Property n�r any part thereof
<br /> or interest therein would be in any danger, deemed substantial by the Lender, of bein�sold, farfeited,
<br /> vr los�; �3} the Lender w�uld not be in any danger, deemed substantial by the Lender, of any civil or
<br /> criminal liability for failure to camply therew�th; and �4� the Trustor notifies the L�nder, in writing, of
<br /> such cantest. Any such contest shall be prosecuted with due diligence and the Trustor sha��promptly
<br /> notify the Lender after the final d��ermina�ion thereaf and shall pay the amount af any such tax,
<br /> assessment, ga�ernmental charg�or�ien,together with all interest,penalties and other costs payable in
<br /> connection therewith.
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