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2� 1 �� 14�5
<br /> DEED �F TRLlST
<br /> Loan No: '!�'I�93�96 {�ontinued� Page 3
<br /> Lender's Right ta Enter. Lender and Lender's agents and representa�i�es may enter upon �he Real Prvp�rty at all
<br /> reasanable times t❑ at�end t❑ Lender`s interests and to ina�aeC� the Rea1 Praperty far purpases v� Trustor's
<br /> compliance with the�erms and conditions o�F�his Deed vf Trust.
<br /> Compliance wi�h Governmen#al Requirements. Trustar shalf promp�ly comply wi#h a1� laws, ordinances. and
<br /> regulations, n�w ar hereafter in e#�Fect, flf all go�ernmental authorities appiicab�e to the use ar ���upancy of the
<br /> Property, including without limi�ation, the Americans Wi�h Dis�abilities Ac�. Trus�ar may contest in good faith any
<br /> such law, ardinance, or regulation and withhn�d campliance during any proceeding, including app�vpriate appeals,
<br /> so �vng as Trustvr has nvti�ied Lender in wr�ting �r�or tv dving so and s❑ iong as, �n Lender's sole opinivn, Lender's
<br /> �n�erests in �he Property are nnt jeapardized. Lender may requEre Trus�or tv pvst adequate security or a surety
<br /> bond, reas�nably satisfactary ta Lender,to prvtect Lender's in�:erest.
<br /> Duty to Protect. Trustflr agrees neither �v aband�n or �eave unattend�d the Praperty. Trustor shali do a[[ othe�
<br /> acts, in addition ta those acts s�t farth above�n this section, which fram the character and use o�the Prvperty are
<br /> reasvnably necessary#� pro�ect and preser�e the Praperty.
<br /> DUE ON SALE-C�NSENT BY LENDER. L�nder may{ a�Lender's aption� deciare immedia�ely due and payahle a�i sums
<br /> secured by thEs Deed o#Trust upvn the sale or transfer, without Lender`s prior wr�tten consent, flf afE ar any part of�he
<br /> Reai Prvpe�ty, vr any interest in�he ftea� Property. A "sale or�ransfe�" means the con�eyance o� Rea[ Prvperty or any
<br /> right, �itle or infierest in the Real Property; whether I�gal, �enefii�ia� vr equitable; whether �olunta�-y ar En�alun�ary;
<br /> wheth�r by outright saEe, deed, instalimen� sa[e cvntrac�, land c�ntract, cvntrac� fior deed, leasehvld interest rrvith a
<br /> �erm grea�er than �hree {3} years, Iease-ap�ion �antract, or by sale, assignment, or transfer ❑� any benef�ciai interest in
<br /> or to any land trus� haldEng ti�le to the Reai Praperty, �r by any o�her methad v��onveyan�e af an inte�est in the Reaf
<br /> Property. Hvwever, this optian shali not be exercised by Lender if such exer�Ese is proh�bi�ted by federa� law or hy
<br /> Nebraska law.
<br /> TA�CES AND LfENS, The follvwing prv��sians refatEng ta �he taxea and liens vn the Property are part �f this Deed of
<br /> Trust:
<br /> Payment. Trustor shall pay when due �and in a[� e�enxs privr fiv delinquencyy al1 taxes, special taxesf assessments,
<br /> charges �incEuding water and sewery� f�nes and imposi�ions leuied against or on account of the Property, and sha�!
<br /> pay when du� all claims �vr w�rk done ❑n or far ser�ices rendered ar ma�eria� �urnished to �he Property. Trusto�
<br /> shall maintain the Pr�perty free a#a[I �iens ha�ing privr�ty 4�er or equal to�he inter�st of Lender und�r this Deed af
<br /> Trus�, except #vr the lien of taxes and assessments not due and except as ��herw�se pra�ided in this D�ed n#
<br /> Trust. �
<br /> Right tv Contest. Trustor may withhald payment a�any tax, assessm�n�, vr claim �n conne��ian with a gavd �a�th
<br /> dispute aver the obligat�on to pay. sa iong as Lender's in�erest in�he Property is not jeopardizsd. 1�a li�n arises vr
<br /> E5 filed as a result of nvnpayment, Trustar shall wi�thin fifteen ��5} days after the lien arises ❑r, if a lien is �iled,
<br /> wi�hin f��teen �15y days after Trus�vr has nati�e �# the ti�ing, secure �he dis�harge of the lien, ar i� requested by
<br /> Lender, deposit with Lender cash or a suf��cien�Garporat� surety band ar a�her se�ur�ty sat�sfa�tory to Lende�in an
<br /> amount suff�cien��❑ discharge the li�n plus any costs and attvrneys' f��s, ❑r vther charges that could accrue as a
<br /> resuft vf a fareclvsure❑r sale under�he lien. ln any cantest, Trustvr sha�� de�end itsel�and Lender and shall sa�is�y
<br /> any ad�erse judgment befare enfor�ement a�ainst the Prvpert�. Trustvr shall name Lender as an a�ditional oblEg�e
<br /> und��any surety hond�urnished in the con�est proceedings.
<br /> E�idence of Payment. Trustor shalf upon demand �urn�sh to Lender satisfactvey e�idence of paymen�o�the taxes
<br /> or assessments and shail authorize �he apprapriate goUernmer�tal vffic�a� to deliver�o Lender a� any time a wrEtten
<br /> statement��the taxes and assessments agains��he Property.
<br /> Nvtice of Constructian. Trustvr shall natify Lender at leas�fii'rteen t�5y days befare any wa�k is cvmmenc�d, any
<br /> services are �urnished, ar any materials are suppl�ed ta �the Pr�perty, �f any mechanic's 1ien, materia[men's Iien, ❑r
<br /> other lien could be asserted on account of the work, ser�ricea, or mafieriafs. Trustor will upan re�uest �� Lender
<br /> furnEsh tv L�nder advance assurances satis�actory ta Lend�r that Trust�r can and wi[[ pay the cost af su�h
<br /> impro�ements.
<br /> PRqPERTY DAMAGE �NSURANCE. The fo[fawing pra�is�ons refating ta insuring the Prope�rty are a par�of this ❑eed of
<br /> Trus#.
<br /> Maintenance vf �nsuranGe. Trustor sha�1 procure and maintain poli�ies of fire Ensurance with standard extended
<br /> co�erage endorsements on a fair value basis �or the full insurab�e Walue cavering a[f lmprovements vn the R�al
<br /> Property in an amaunt su�ficien# ta a�vid appliCatEan �# any coinsurance clause� and wi�h a standard mor�gagee
<br /> clause in ta�vr❑�Lender. Trustar sha�� afso pra�ure and main�ta�n comp�ehensi�e g�neral liability insurance in such
<br /> co�erage amoun�s as L�nder may request with Trus�ee and Lender being named as addi�ianal insureds in 5llCh
<br /> liability insurance policies. Additionaily, Trustor shal� maintain such other �nsurance, including but na# iimited tv
<br /> hazard, busEness in�erruption, and boi�er insurance, as Lender may reasonably require. Poli�ies shall be written in
<br /> form, amaunts, ca�erages and basis reasonably ac�eptabfe to Lender and issued by a cvmpany or c�mpanies
<br /> reasanably acceptabEe fiv Lender. Trustor, upon reques# n� l_ender, wil� deliver to Lender fram time to �ime the
<br /> po[icies or c�rtificates of insurance in form satisfactory to Lender� including s�ipufations �hat co�erages will not be
<br /> cancei�ed ar diminished withou� a� feast ten �1�y days prior vvritten natice to Lender. Each �nsurance poiicy als❑
<br /> shai! in�fude an end�rsement pra�iding�hat coverage in�a�or v�Lender will not be impaired in any way by any act,
<br /> �mission or default of Trusto�- vr any a#her pe�san. Should �r�e Real Property be �acated in an area designated by
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