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2� 1 ����75
<br /> DEED �F TRLJST
<br /> {�ontinu�d� Page z
<br /> Subs�ance on, under� abaut❑r from the Property; and �b} any such acti�ity s�all b� conduc�ed in cvmp[iance wi�h
<br /> all applicab�e �eder�l, state, and Local laws, regula�ions and ordinances, incfuding without limita�tian all
<br /> En�ironmental Laws. Trustor auth�ri�es Lender and i�s agents �o enter upon �he Praperty to make such
<br /> inspectivns and tests, at Trust�r's exp�nse, as Lender may deem appropria�e ta determine compl�ance o�f the
<br /> Property with this sec�ion a� the C]eed o� Trust, Any �nspec�ians or tests made �y Lender shall be �or Lender's
<br /> purposes on�y and shall not be cons�rued �o create any respvns�biiity or liabili�y fln the par�t of Lend�r t�Trus�or or
<br /> �o any oth�r p�r�vn. The representations and warranties cflntained herein are based on Trustor's du� di[igence in
<br /> in�estigating the Property for Hazardous Substances. Trustor h�reby ��� releases and wai�es any future claims
<br /> against Lender �vr indemnity ar contribu�i�n in �he e�ent Trus�or becomes liabl� far cieanup �r o�her cos�s under
<br /> any such [av+rs; and �2} agrees ta.indemnify, defenr�, and hold harml�ss Lender aga�nst any and all claims, losses,
<br /> fiabi�ities, damages, penalt�es, and expenses which Lender may direc�tly ar indirec�ly sustain or suffer resu�ting from
<br /> a breach of this section �f the Deed of Trust or as a cvnsequence o�r any use, gen�ration, manufactur�, storage,
<br /> dispvsa[, release or threatened rei�ase occurring prior to Trus�or's ownership or interes�in the Property, whether ar
<br />� nv� the same was �r shQuld ha�e been known �o Trustor. The pro�isions of this section af the Deed of Trus�,
<br /> including�he ohligation ta indemnify and d�fend, shall sur�ive the payment of the lndeb�edness and the satis�action
<br /> and recon�eyanc� of the lien a�this Deed of Trus�and shat[ not be affected by Lender's acquisition o#any in�erest
<br /> in the Prvper�y, whether by foreclosure or otherwise.
<br /> Nuisance. Waste. Tru�tor shall not cause, �onduct ar perm�t any nuisanc� nar commit, permit, or suffer any
<br /> stripping of or wast� �n or �o �he Property or any partion o� the Property. Vtlithout lirr�i�ing th� generality of the
<br /> �oregoing, Trus�or will not remove, or grant to any other party the right to r�mo�e, any timber, m�nerals �including
<br /> oil and gas}, coal, cl�y, scoria, soil, gra�e!vr rock products►rvithvut Lender's pri�r written consent�
<br /> R�mv��l v�Impro�ements. Trust�r shall n�t demoCish or rema�e any lmpro�emen�s from�he Real Property without
<br /> Lender's privr wri�ten consent. As a GonditiQn to the remo�al o�any Impro�ements, Lender may requir�Trustvr��
<br /> make arrangements safiis�actory to Lender to rep{ace such lmpro�ements with Impra�ements o� at �eas� equaf
<br /> �a[ue.
<br /> Lender"s Ri�ht�o En�er. L�nder and L�nder's agents and representatives may en��r upon the Real Property at all
<br /> reasonable times to a�t�nd to Lender's interests and to inspect the Real Prvperty for purpases of Trustor's
<br /> cvmplianc�with the terms and canditions}�f this Deed o�F Trust.
<br /> Comp��ance with G�►vernmental Requirerr�ents. Trus�or shall promptfy comply with afl laws, ardinan�es, and
<br /> regulations, now or �ereafter in e��e��t, �� aff governmental au�horities applicable to th� use or occupancy of the
<br /> Property, including u►aithout �imitati�n, the Americans VVith Disabili�ies Act. Trusfior may cantest in good fa�th any
<br /> such law, ordinance, or regu�ati�n and wi�hhald camp[iance during any prviceedin�, incl�ding appr�pria�e appeals,
<br /> so lang as Trustor has notifie� L�nder in wri�ing priar ta doing so and s� I�ng as, in Lender's sale flpinion, Lender's
<br /> interests in �he Property are n�t jeopardi�ed. Lender may require Trustar to pos� adequate securi�y or a sure�y
<br /> bond, reasonably satisfactory to L�nder,ta protec�Lender's interest.
<br /> Duty ta Protec�, Trust�r agrees neither t� abandvn or lea�e unattended the Praperty. Trustor shall do all other
<br /> a��s, in addition to tF�ose acts set f�rth ab��e in�his s�cti�n, which�ram the charact�r and use o�the Prop�rty are
<br /> reasonably necessary�to prot�ct and pres�r��the Praperty.
<br /> DUE 4N SALE-CDNSENT �Y LENDER. Lender may, at Lender's option, declare immediately due and payable all sums
<br /> secured by this Deed of Trust upon th�sals or�rans�er, without Lender`s prior written consent, o�all ❑r any pa�t v��h�
<br /> Real Proper�y, or any infierest in the Real Property. A "sale or trans�er" means the con�eyar��e of Real Praperty or any
<br /> right, title or interest in the R�al Proper�y; whether legal, beneficial �r equitabl�; wheth�r �vluntary or in�aluntary;
<br /> rrvhether by autright sale, dee�1, ins#allment sale cantrac�. land co�tract, con�tract for deed, leasehold interest with a
<br /> �erm greater than three t3} years, leasewoption canfiract, ❑r by sal�, assignmen�, or transfier fl� any b�nefic�al in�erest in
<br /> or�v any land trust holding titie to the Real Prc�perty, or by any v�her methvd of c�nveyance of an interest in the R�ai
<br /> Praperty. Howe�er, this op�ion shafl no� be exercised by Lender i� such exercise �s prohibited by �ederal law or by
<br /> Nebraska law.
<br /> TAXES AND LIENS. The follawing pro�isians rela�ing to the taxes and liens vn the Property are part of �this Deed of
<br /> Trust:
<br /> Payment. Trus�or shall pay when due tand in al� e�en�ts prior�o delinquencyy a�f taxes, specia!�axes, assessments,
<br /> charges {including water and sewerf, fines and �mpasitions le�ied against or on account o�the Proper�y, and shall
<br /> pay when due all claims fvr �rvork done an or for services rendered or materia[ �urnished ta the Proper�y. Trustar
<br /> shali maintain the Property free ofi all liens having pri�rity v�er vr equal to the in�teres�of Lend�r under this Deed of
<br /> Trusfi, �xcept f�r the �ien o�f taxes and a�sessments not due and except as atherwise pro�ided in this Deed ofi
<br /> Trust.
<br /> Right to Cvn�est. Trustor may withhv�d p�yment af any tax, assessment, or claim in connection with a good faith
<br /> dispute o�er fihe abli�ativn to pay, sv long as Lender"s interest in�he Proper�ty is nvt jeopardized. 1�€a lien arises or
<br /> is filed as a result of nQnpaymen�, Trust�r shall within fifteen �15� days af��r �h� l�en arises or, i� a lien �s �fi�ed,
<br /> within fif�een �15} days a�ter Trustor has nofiice of the filing, secure the disct�arge o� the l'ren, vr if requested by
<br /> Lender, deposit with Lender cash vr a su��acient corpvrate surety�and�r other security satisfactory tQ Lender in an
<br /> amaun�t su#�icient to discharge the lien plus any cvs�s and attv�-neys' fees, or o�her charges�hat could accrue as a
<br /> result of a�oreclvsure or saie under�he lie�. 1 n any cvntest, Trustor sha[C defend itselfi and Lender and shall satisfy
<br /> any ad�e�se judgmer��hefor��n��rcement against th� Prvpe��y. Trustor shall name Lender as an additiana[oblige�
<br /> under any surety band furnished in�he con�est proceedings.
<br /> Evidence o�Paym�nt. Trustor sha�� upon demand fiurn�sh ta Lender satis�actory e�idence v�paymen�of�he taxes
<br /> or assessments and shall authari�e �he ap�ropriate gv�ernmental o��icia! to de�iver�to Lender at any tim� a ►nrri�ten
<br /> sfiatement af�he taxes and assessments a�ains��he Pr�perty.
<br /> Nvtice of Canstruction. Trustor sha{I notify Lender at l�ast fifteen ��5� days be�Fare any work is commenced, any
<br /> services are �urnished, vr any mafieriais are supplied tfl the Property, if any mechanic's Iien, materialmen's lien, or
<br /> other iien could be �sserted an accaun�t af the work, s�rvic�s, or materials. Trustar wi11 upon request of Lender
<br /> furnish to Lender ad�ance assurances s�tisfactory ta Lender that Trustar �an and will pay th� cvs� of such
<br /> impro�emen�s.
<br /> PRDPERTY DAiIJIAGE�NSURANGE. The �ollowing prv�isions re�ating t� insuring �he Property are a par��f this Deed a�
<br /> Trust.
<br /> Nlaintenance o� lnsuran�s. Trus�or sha�1 procure and maintain poiicies of �ire insurance vui�h standard ex�tended
<br /> coverage endvrsem�nts on a replacement basis for the ful� �nsurable �alue co�ering afl lmpro�ements on the Reai
<br /> Proper�y in an amount su��Ficient ta a�aid application a� any coinsurance clause, an� ►rvith � standard mortgagee
<br /> clause in fa��r of Lende�. Trustor shaU also procure and maintain comprehensi�e general liabiCity insurance in such
<br /> coverage amounts as Lend�r may reques� with Trustee and Lender �eing named as add�tianal insureds in such
<br /> liabili�ty insurance policies. Add�tionally, ��ustor shaf[ mainta�n such other insuranc�, incfuding but no� Iimited ta
<br /> hazard, business interruption, and boiler insurance, as Lender may reasonab[y require. Pa�icies shal� he wr�tten in
<br /> fiorm, amounts, co��rages and basis rea�onably acceptable ta Lender and �ssued by a company or companies
<br /> reasonably acceptable ta Lender. Trusto�, upan reques�t fl� Lender, wili d�liver to Len�er �rom �ime to t�me the
<br /> policies or �ertificat�s af insurance in form satisfactory t� Lender, including stipu[ations that coverages wi�l nvt be
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