2� 1 ���43�
<br /> DEED �F TRU�T
<br /> �CE]r1t�rlu�d� Page �
<br /> authorized user of the Property sha�! use, generate, manufacture, store, tr�at, dispose vf or re�ease any Hazard�us
<br /> 5ubstanGe vn, under, af��ut vr from the Praperty; and {bf any such a�ti�i�y shalf b� c�nducted in campl�ance with
<br /> al! applicable f�deral, state, and local laws, regulatians and ardinances, inc[uding w�fihaut limi�ation all
<br /> En�ironmen�al Laws. Trustar au�thori�es L�nd�r and its agents to enter upvn �he Property �o mak� su�h
<br /> �nspections and �ests, at Trust�r's expense, as Lender may deem appropriate to determine compliance o� the
<br /> Prvperty wi�h this se��ion of the Deed of Trust, Any inspections or �ests made by Lender shall b� for Lender's
<br /> purpos�s only and shall nat be �anstrued t� cr�ate any responsibiiity or IFahility on the part of Lender to Trustvr or
<br /> t❑ any other pe�son. The representations and warranties cvntained herein are bas�d on Trust�r's du� diligence in
<br /> in��stigating the Property for Ha�ardous Su�s�anc�s. Trustor h�reby �1} releases and wai�es any future claims
<br /> against Lender �vr indemnity ar cantribu�ian in the e��nfi Trus�or becames iiable �or cleanup �r other cos�s under
<br /> any such laws; and �2y agrees�o indemni�y, def�nd, and hold ha�mless Lender against any and all claimsr ��55�5�
<br /> lia�ilities, damages, penalties, and�xpenses which Lender may dir�ctly❑r indirectly sustain or suffer resul�ing from
<br /> a breaGh a�this sectian vf �he Deed af Trust or as a c�nsequence ofi any use, generation, manufacture, storag�,
<br /> dispvsal, reiease or threatened �elease a�curring privr�to Trus'tor's vv►►nership ar interes�in�h� Property, whether or
<br /> nvt the sam� was ar shvuld ha�e b�en known ta Trustvr. The pro�isi�ns a�r this seG�ion o� the ❑eed �f Trus�,
<br /> in�fuding the ob�igativn tv indemnify and defend, shall sur�i�e the payment a�the Indebtedn�ss and the satisfiac�ion
<br /> and recon�eyance❑f the lien of this De�d ❑f Trust and shall nQt he affe�ted by Lender's acquisit�on of any interest
<br /> in the Property, whether by�vreclosure vr❑therwise.
<br /> Nuisan�e, Wast�. Trustvr shall not cause, conduct or permit any nuisance nor �ommit, permit, or su��rer any
<br /> sfiripping o�f ar waste on ar to #he Praperty or any partion o� the Property. 1Ni�hout limi�ing �he generaii�y of the
<br /> foregoing, Trus�vr will nat r�mo�e, ar grant to any ather party �the right�� remo�e, any timher, min�rals �irt�luding
<br /> ail �nd gasy, coal, clay, scaria, svil, gra�el ❑r rock prvdu�ts withaut Lender's prior written consent.
<br /> RemoWal❑�Impra�ements. Trustar shall no�demofish or remo�e any Impra�ements f�am the Real P�op�rty without
<br /> Lender's priar wri�ten cansent. As a Gonditian ta the remoWal af any lmprorr�m�nts, Lender may require Trustor�v
<br /> make arrangemen�s sat�sfactv�y to Lender �t❑ replace suGh Impro�emenfis v►rith Imprv�ements �fi at least equal
<br /> �alue.
<br /> Lenc�er's Right to En�er. Lender and Lender's agen�s and representati�es may enter upon the Fieal Property at all
<br /> reasonable t�m�s t� attend to Lenderrs in�terests and t� inspect the Real Pr�perty fior purposes v� Trus��r's
<br /> cflmplian�e with the t�rms and canditions of this Deed o�Trust.
<br /> Compliance wi#h Gorr�rnmental Requirements. Trustvr shall promptfy comply with a[I laws, ordinanc�s, and
<br /> regulations, nv►rv or herea�fter in ef��c�, o� all go�ernmental authariti�s applicable to th� use or o�cupancy a� �he
<br /> Praper�y, �ncluding wi�hout �imitati�n, the Am�ricans With Disabil�ties Ac�. Trustor may contes� in gvvd fai�h any
<br /> such law, ordinance, ar regulativn and withhald campliance �uring any pr�ce�ding, �ncluding appropriate appeals,
<br /> s� Ivng as Trustor has notified Lender in writing prior to doing so and sv lang as, in Lend�r's sole apinivn, Lender's
<br /> interes�s in th� Prvperty are nvt jeapardized. Lender may r�quire Trustor to post adequate security a� a surety
<br /> b�nd, reasonahly satis�actary ta Lender,tv prate��Lender's interest.
<br /> Dut�y �o Protect. Trus�vr agre�s neither to abandon vr �ea�e unattended �he Property. Trustar shall do aii other
<br /> a�ts, in addi�ivn to those acts set forth abQ�e in this section, which firvm the �haracter and use of the Prvperty are
<br /> reasona��y ne�essary to protec�and preser�e the Property.
<br /> DUE�N SALE- C�NSENT BY LENDER. Lender may, at L�nder's op��on, declare immediat�ly due and payable a11 sums
<br /> secured by this Deed �#Trust upon th� sale vr trans�er, wEthout Lender's prior written cansent, of all or any par�of the
<br /> Rea1 Praperty, or any in�erest in the Reai Prvperty. A "sal� �r transfer" means �he con�eyance o� Real Propert�ar any
<br /> right, tit(e vr interest in the Fr'eal P�operty; wh�ther le�al, b�n�fi�ial �r equitable; whether �aiuntary ar in��luntary;
<br /> whether hy vu�right sale, deed, installment sale contract, land con�ract, cantract f�r deed, leasehald in�e�es� v►rith a
<br /> term great�r than thre� �3} years, lease-vption cvntract, or by safe, assignmen�, ar transfer af any benefi�ial interest in
<br /> ar tv any iand trust ha�ding �itle to 'the Real Praperty, or by any �ther method o� conW�yan�e of an interes� in the Real
<br /> Property. Hawe�er, this op�i�n shall not �e exercised hy Lender if su�h exercise is prohibited by federal [aw or hy
<br /> N�braska �aw.
<br /> TA�ES �►ND LIENS. The fvllowing provisians �elating t� the taxes and liens on the Prop�rty are part vf this Deed o�
<br /> Trus�;
<br /> Payment. Trustar shail pay when due �and �n all e�ents pri�r t❑delinqu�ncyy a!�taxes, specia[fiaxes, asse�sments,
<br /> charges �in�luding ►►vater and sewery, fines and imp�sitions l��ied against or on accoun�o�F th� Property, and sha11
<br /> pay when due all claims �ar v►►ork dane on or for ser��ces rendered or ma�erial furnished to the Prope�ty. Trustor
<br /> shal� maintain the Property free of ai� li�ns ha�ing priori�y��er or equal t�the interest❑f Lend�r under th�s Deed of
<br /> Trust, �xcept far the lien of taxes and assessments not due and except as atherwise pro�ided in this De�d of
<br /> Trust.
<br /> Right to Cantest. Trustvr may withhvld payment af any�ax, assessment, or claim in connectivn with a goad faith
<br /> dispute o�er the obiigatian to pay, so fong as Lend�r's �nteres�in�he Prvperty is nat jeopardi�ed. If a I�er� aris�s ar
<br /> is filed as a result v� nonpaym�nt, Trustor shal� within fifteen �15} days af�er the fien arises or, i� a lien is filed,
<br /> within fiffieen �15� days after Trustor has nvti�e o� the f��ing, se�ure th� discharge af �he lien, or if �equested by
<br /> Lend�r, depvsit with Lender cash or a sufficient corpvrate su��ty bond or other security satisfactvey to Lender in an
<br /> amount suffici�nt�a dis�harge�he lien p�us any �asts and attarneys' fees, ❑r�fiher charges that�ould accrue as a
<br /> result�f a fvrecl�sure or sale under the lien, 1 n any cvn�est, Trus�tor shall defend �ts�If and Lender and shal�satisfy
<br /> any ad�erse�udgm�nt b�fore enfor�ement against�he Property. Trustor shall name Lender as an additivna�vhl�gee
<br /> unde�any surety�and furnished in the�on�test proceedings.
<br /> Evidence af Payment. Trustar shall upon demand �urnish to Lender satisfactory e�iden�� of payment of the taxes
<br /> vr assessments and shall au�horize �he apprvpriate governmental ofificial to de�i�er to L�nder at any time a writ�en
<br /> statement of the taxes and assessm�nts against the Property.
<br /> Noti�e of Cvnstructivn. Trustar shall not�fy Lender at �east fii�teen ��5� days be��re any work is cvmm�nced, any
<br /> ser�ices are furnished, a�r any materials ar� supplied to the Praperty, if any mechanic's lien, materialmen's lien, or
<br /> o�h�r lien could be asser�ed on a�coun� ❑� the work, ser�ices, ar mate�ials. Trust�r will upon �eques# ❑� Lender
<br /> �urnish to Lender ad�anGe assurances satis�a�tory to Lender that Trus�ar can and wi�l pay the cost vf su�h
<br /> impro�ements.
<br /> PR�PERTY DAMAGE iNSURANCE. The�ollawing pro�isions rela�ing ta insuring th� Praperty are a part o�th�s ❑eed of
<br /> Trust.
<br /> Ma�ntenance af Insur�nce. Trustor sha�l procure and maintain pali�ies of fire insu�an�e wi�h standard extended
<br /> c��erage endorsements an a replacement basis �or the fuf! insur�ble �alue co�e�ing all Improv�ments an �he Real
<br /> Prvperty in an amoun� suffici�nt to a�oid app�ica#ivn o�f any coinsurance clause, and with a standard mortgage�
<br /> �lause in#a�or of Lender. Trustar shafl alsv pro�ur� and main�ain �ampr�hensi�e generaf liability insurance in such
<br /> �ov�ra�� amaunts as Lender may reques� with Trustee and Lender being named as add�tional insureds in such
<br /> liability insurance policies. Additionally, Trustar shall main�ain such nther insurance, inciuding but nat limited tv
<br /> hazard, business interruption, and boiler insurance, as Lender may reas�na�ly require. Poiicies shall be written in
<br /> f�rm, amvunts, co�erages and basis reasonably acceptable ta Lender and issued by a company o� campanies
<br /> r�asanabiy acceptable �a Lender. Trustor, upon requ�st af Lender, will deii�er �o Lender from time ta time the
<br /> ��.��
<br /> �
<br /> �
<br />
|