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2� 1 �� 1 �79
<br /> 17EEC] C]F TRlJST
<br /> Loan Nv: '��'I 29�4�� �Cantinu�dj Page 3
<br /> Proper�y, including �uithau� limitation, the Americans VIlith DisabilEties Act. Trus�or may �antest in good fa��h any
<br /> such law, ardinance, ar r��ulation and withhold c�mplianGe during any pr�ceeding, inc�uding appropriate appeals,
<br /> so long as Trustor has notified Lender in writing prior�a d�ing sa and so long as, in Lender's s���opinion, Lender's
<br /> in�kerests in the Property are not j�opardized. Lende� may require Trustor t❑ post adequa�te security or a surety
<br /> bond, r�asanab�y satis�act�ry to Lender, �❑ protec�t Lender's interes�,
<br /> Duty to Protect, Trustor agress neith�r to abandan ❑r isa�e una�tended �he Property. Trusto� shall da ali other
<br /> acts, in add�t�vn to�hos� a�ts set forth a�aWe �n�his section, which fram the character and use o�f the Property are
<br /> reasonably necessary fio protect an� preser�e�he Property,
<br /> DUE �N SALE-C�NSEiVT BY LENDER. Lender may, at Lender's aption, declare immediate�y due and payable all sums
<br /> secured �y�his ❑eed o�f Trust upon the sale or transferf wE�hout Lender's priar written consent, o�all or any par�of the
<br /> Real Praper�y, vr any interest in the Rea1 Prop�rty. A "'sa�e vr transfer" means fihe �onveyance of Rea! Property❑r any
<br /> right, title �r in�eresf in the Real Prvperty; whether legal, beneficial or equi�able� whether �oluntary ar En�alun�ary;
<br /> whether by vutright sal�� d��d, installmen� sale cvntra�t, �and cantract, con�trac� for deed, leas�hold int�res�t with a
<br /> term greater �khan thr�e �3} years, lease��p�ion con�trac�, or by sale, ass�gnment, or transfer af any bensficial inter�s� in
<br /> ar ta any land �rrust h�l�ing �itl� t❑ the Real Property, or by any other method of con�eyance of an interest in �he Real
<br /> Pr�perty. If any Trustor is a carporation, parfnership or limited liabi{i�y Gompany, �ransf�r alsa includes any �han�e in
<br /> ownership ❑�f m�re than t�rventy��Fi�e percent {�5°/a} of�he�a�ing stock, partnership inter�s�s �r I�mit�d I�ability company
<br /> interests� as the cas� may be, vf such Trust�r. Howe��r. this op�ion shall no� he exercis�d by Lend�r i�such exercise
<br /> is prohibitsd by federa� law or by Nebraska law.
<br /> T►4XES AND L1EN5. Th� foll�win� prv�isians rela�ing to �he taxes and liens �n the Prope�ty are par� of this D�ed of
<br /> T�-ust:
<br /> Payment. Trusto�shall pay when due {and in all �Wen�s prior tQ��Itnquen�y} afl taxes, special �axes, assessmentsf
<br /> charges �including water and sewer�, fines and impvsitions ieWied against or on accoun�of�he Praper�y, and shall
<br /> pay wh�n due all c�aims �nr wark done on or far s�r�ices rendered ar material furnished to �he Property, Trustor
<br /> sha[I maintain the Property�re�of all liens ha�ing priority o�er�r�qua! to�he interest vf Lender under this Deed vf
<br /> Trust, excep� for the lien of taxes and assessments not due and except as oth�rwise prv�ided in �h�s Deed af
<br /> Trust.
<br /> R�ght�o Contest. Trustor may withhol� payment a�any tax. assessment, or claim in connection v�rith a good faifih
<br /> dispu�e a�er the obligation to pay, so long as Lender's intsrest in�he Praperfy is n�t jeopardized, l�a li�n arises ❑r
<br /> is fiied as a result of nanpaym�nt, Trustor shall within fi�teen ��5� days a�ter the lien arises or, if a �ien is fi[ed,
<br /> within fifteen ��5� days afi�er Trustor has noti�e of th� �iling, secure the d�scharge of�he li�n, or if requested by
<br /> Lender, deposit with Len�er�ash ar a suffi��ent carporate surety bond or ather security satisfactory ta Lender in an
<br /> amounfi suffi�ient tQ discharge the lien plus any costs and attorneys' fees, or other �harges that��u�d accrue as a
<br /> resu[t o�a foreclosure or sal� under the lien. !n any�ant�st, Trustor shall defend itself and Lender and shall satisfy
<br /> any ad�erse judgmen�t before enforc�ment against th�: Property. Trust�r shalf name Lender as an additional o�ligee
<br /> under any surety bond furnished in the contest pr�ceedings.
<br /> EWidence of Payrnen�. Trustvr shall upvn demand �furnish ta Lend�r safisfactary e�idence af payment of the taxes
<br /> or assessments an� shall aufhorize �he apprvpriate go�ernmental a�fiicial tfl deli�er to Lender at any time a written
<br /> statement of the taxes and ass�ssm�nts agains�the Prope��y,
<br /> Notice o� Cons�ructivn. Trustor shall notity Lender at leas� fif�een ��5� days before any work is commence�i, any
<br /> serWices are furnished, or any ma�erials are supplied �o the Property, if any mechanic's lien, materialm�n's lien, or
<br /> other lien �ou�d be asserted on aGcount of th� worlc, serWices, or materials. Trustor will upon requ�st o� Lender
<br /> furnish tv Lend�r advance assurances sat�s�actary t� Lender that Trustor can and will pay the cvs� of such
<br /> impr��ements.
<br /> PRDPERTY DAMAGE INSURANCE. The foll�wing provisions relat�ng to insuring the Property are a part af this Deed o�
<br /> Trust.
<br /> iVlain�renance of Insurance. Trustar shall pro�ure and maintain policies ❑f fire insurance with standar�l extended
<br /> coverage endors�men�s on a fair �alue basis for the ful� insurable �alue coverin� all Impravements an �he Rea�
<br /> Properfy in an amoun� suf�i�ient �a a��id application of any coinsurance clause, and with a standard mor�gagee
<br /> clause in faWvr of L�nder, Trustor shall alsa procur� and maintain camprehensiv�general liai�ility insurance in such
<br /> covera�e amounts as Lender may request with Trus�ee and Lender being named as add�tiana� insureds in su�h
<br /> lia�ility insurance palicies. Additionally, Trus�ar shall maintain such vther insuranc�, including bu� nat lim�ted ta
<br /> hazard, business interruption, and �oi[er insuran�e, as Lender may r�asonably require. Policies shall be written in
<br /> fiorm, amounts, �o�erages and basis reasanably accep�table t❑ Lend�r and issued by a company or companies
<br /> reasvna�ly acceptahle �a Lender. Trustor� upon request �f Lender, will deliver �o Lender frnm time to fiims the
<br /> palicies or certificates of insurance in form satisfactary to Lend�r, includin� stipulatians tha� cv�era�es will not be
<br /> cancelled or diminished withou� a� least ten ���� days prio� writt�n na�ice ta Lende�. Each insurance policy also
<br /> sha�! inciude an endarsemsnt pr��i�ing �hat co��rage in�a�or o�Lender will not lae impaired in any way�y any act,
<br /> amission �r defaul� af Trustor vr any o�her pers�n. Sh�uld the Real Property be la�ated in an area designafied by
<br /> the Administrator of the Federal Emerg�n�y Manag�ment Agency as a specia! flood hazard area, Trust�r agrees t❑
<br /> obtain and main�ain Federal Flovd Insuran�e, if a�ailable, f�r �he fu�l unpaid principal balance �� fhe loan and any
<br /> priar liens on the proper�y securing fihe loan, up to the maximum policy limi�s set under the Natianal Flavd
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