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<br /> DEED �F TRUST
<br /> ��ontinued� Page 2
<br /> inspe�ti�ns and tests, at Trustor's expense, as Lender may deem appropriate to de�ermine compliance of the
<br /> P�operty with this section of the ❑eed of Trust. Any inspectivns or tests made b� Lender shaff be for Lender's
<br /> purpases only and shal� not be construed to �reate any respvnsibi�ity nr liability on the part o� Lender t❑ Trustor or
<br /> to any ather person. The representativns and warranti�s �ontained h�rein are has�d on Trustor's due diii�en�e in
<br /> in�estigating -�h� Property f�r Hazardaus Substances. Trustor hereby �13 rel�ases �nd wai�es any future claims
<br /> aga�nst L�nd�r for indemnity �r contribu�ivn in the ��ent Trustor becomes liable for cleanup vr ❑ther casts under
<br /> any such laws; and ��� agrees to �ndemnify, de�end, and h�id harm�ess Lender against any and all cfaims, loss�s,
<br /> �iabilities, damages, penafties, and expenses which L�nder may dire�tly vr indire�tly sustain or suf�er resulting from
<br /> a breaCh of this sectian of the Deed af Trus�C ar as a �ansequence of any use, generation, manufiacture, storage,
<br /> disposal, release or threatened �elease o�curring prior to Trustor's ownership or intere�t in the Property, whe�ther or
<br /> no� �he same was ❑r shou�d ha�e been kn�wn to Trus�or. The pra�isivns af this �ectian ❑# �he Deed ❑f Trust,
<br /> including the obliga�ion to indsmnity and defend, shall sur�i���he payment o�the Ind��tedness and�he sa�isfac�ivn
<br /> and recon�eyance v��h� lien of this Deed af Trust and shal� nvt be a����ted by Lender's acquisition o�any interes�
<br /> in the Prvperty, whether by foreclvsure or otherw�se.
<br /> Nuisance, Waste. Trus�vr shall nv� causs, canduct or permi# any nuisance nor commit, permi#, or suffer any
<br /> s�ripping of or waste on or to th� Praperty ❑r any partian af �he Property. Wi�hout limi�ing the generali�y of the
<br /> foregaing, Trustor wi�� not remo�e, or grant�a any a�her par�y the right to remo�e, any timber, minerals �including
<br /> oil and gas�, coa�, c�ay, scoria, soil, gra�el ar r��k produc�s withvut L�nd��'s pria�wri�ten�onsent.
<br /> Remo�al of Impro�ements. Trustor shall not demvlish o�remo�e any Impro��ments�rom the Rea! Property without
<br /> Lender's prior wri��en cansent. As a conditi�n�o the remo�af of any Impr��ements, Lender rnay require Trustor to
<br /> make arrangemen�s satisfactary tv L�nd�r t� repface suGh Impro�ements with Imprv�ements v� a� least equal
<br /> �a�ue.
<br /> Lender's Right to Enter, Lender and Lender's agents and representati�es may enter upon �he Real Pr�psrty at all
<br /> reasonabfe times to attend �a Lender's interests and to inspe�t the Real Property far purposes of Trustar's
<br /> cvmpliance with�he terms and conditFons of this Deed of Trust.
<br /> Cvmplian�e with Ga�ernmental Requ�remen�s. Trustor shall prompt�y comply with all laws, ordinanGes, and
<br /> regufations, nvw ar he�eafter in effec�t, of all go�ernmental auth�rities appfi�a��e ta the use or occupancy of the
<br /> Property. Trustor may c�ntest in gvad faith any such �aw, ordinance, or regufation an��withhald compliance dur�ng
<br /> any praceeding, including appropf+ate appea�s, so long as Trustar has natified Lende� in writing prior to doing so
<br /> and sa long as, in Lender's sole opinion, Lender's interests in the Prvper�y are not�eopardized. Lender may require
<br /> Trus�or t❑ post adequate secu«ty or a surety bvnd, reasonably satis�acta�y t❑ Lender, to protect Lender's in�eres�.
<br /> Duty tv Prv#ect. Trustor agrees neither ta abandQn or lea�e unatt�nd�d th� Pr�per�y. T�ust�r shall do ai� othe�
<br /> acts, in addition to thase ac#s se��vr�h abaue in this s�ction, which from the charactEr and use o�the Property are
<br /> reasonably necessary to protect and preser��the Property.
<br /> C]UE ❑N SALE- C�NSENT BY LENDER. Lend�r may, at Lender's optivn, de�lare immediately due and payable all sums
<br /> s�eured by this Deed of Trust upon�he saf� ar transfer, withaut Lender's prior written c�n�ent, o�ali or any pa�t vf�the
<br /> Real Property, �r any �nterest in the Real Property. A "saie or trans�sr" means the con�e��an�e of Rea� Property ar any
<br /> right, title or interest in the Real Property; wh�ther legal, hen�ficial or equi�able; wheti�er �olun�ary or in�aluntary;
<br /> whether I�y ou�right sale, deed, instaiiment safe �antract, land cvn�rac#, con�ract �or deed, �easehold interest with a
<br /> te�m grea�er than thr�e 43} years, leas�-opt�on contract, ar by sale, assignment, or transfi�r af any �eneficial €nterest in
<br /> or to any land trust holding tit�� to th� Reaf Prvperty, or by any ather method vf con�eyance o� an infieres� in �he Real
<br /> Prvperty. Howe�er, �h�s option shafl not be exercised by Lender i� such exercEse is prohihited by federal faw vr by
<br /> Nebraska law.
<br /> TA�CES AND LIENS. The following pro��sions re�ating t� the taxes and liens on the Property are part of this D��d o�
<br /> Trust:
<br /> Paymen#. Trustvr shali pay when due tand in all e�ents priv�tv deiinquency} all taxes, special taxes, assessmen�s,
<br /> charges �in�iuding ►nrat�r and sewerf, �ines and impasi�ians le�ied against or on accaunt of�he Property, and shall
<br /> pay wh�n due aff cfaims for work done on or for se��ices �ender�d or matsrial €urnished ta the Property. Trustor
<br /> shall maintain the Proper'�y�ree of all �iens having priority o�er ar equal to the interest Q� Lender under this Deed o�
<br /> Trust, ex�ep� for the lien of taxes and asssssments n�t du�, exc�p� far �he Existing lndebtedness r�ferred t�
<br /> belaw, and except as otherwise pro�ided �n th�s fleed of Trust.
<br /> Right tv Cvn#est. Trustvr may ►rvithhald payment of any�ax, assessment, or claim in eonnectian with a gvod faith
<br /> dispute o��r th� obligat€�n t� pay, s❑ l�ng as Lender's interest in�he Pr�perty is not jeopard€zed. I�a fien arises �r
<br /> is �iled as a resu�t o� nonpayment, Trus�vr shall with�n fifteen �15� days after �he lien arises vr, i� a lien is filed,
<br /> within fifteen �15f days after Trustor has nvtice af the ��I�ng, secure the dis�harge o� the lien, or �f requested hy
<br /> Lender, deposit�nri�h Lender cash❑r a suffici�nt�orporate surety bond or o�her seCurit��satisfactory to Lender in an
<br /> amount sufficient to discharge the lien p�us any casts and attorneys' fees, or❑ther ch�arges tha��oufd a�crue as a
<br /> resu�t o#a fore�lvsure vr sale under the lien. �n any�vn�est, Trus�ar shall de�end itsel#and Lender and shall satisfy
<br /> any ad�erse judgment be�ore enforcement against the Property. Trus�or shail name Lender as an add�tional obligee
<br /> under any surety �and furnished in�he con�es�proceedings.
<br /> E�idence of Payment. Trustor shall upan demand fiurn€sh to Lender satisfactory e�idEnce of payment o��he �axes
<br /> or assessments a°�d shall authorize the appropriate go�ernmental afficial to deli�er ta Lender at any �im� a written
<br /> statement af the taxes and assessmen�s against the Property.
<br /> No�ice of Construc�ion. Trustor sha�l noti�y Lender a� leas� fif�een �15� days before any work is commenced, any
<br /> serviGes are furnished, vr any materials are suppfied to the Prvperty, i� any mechaniG's �ien, ma�erialmen`s [ien, or
<br /> ath�r lien cauid be asserted on accaunt af the work, ser�i�es, or mat�riais and the cas�k exceeds $1,���.DD.
<br /> Trustar will upan r��u�st ❑f Lender �urnish to Lendsr ad�ance assurances satis�aGt�r� �a Lender �hat Trustvr can
<br /> and will pay the cost of such impro�emen�s.
<br /> PRDPERTY DAMAGE INSURANCE. The�allowing prv�isions r�lat�ng to insuring the Pr�perty a�e a part of this Deed of
<br /> Trust.
<br /> Main�enan�e o� �nsuranc�. Trustor shall pro�ure and main�ain policies vf fire insurance wi�h standard extended
<br /> cv�erage endorsements vn a repia�ement bas�s �or the �ull insurable �alue co�ering all lmprv�ements on the Real
<br /> Prvpe�ty in an amount su��icient to avoid application vf any cvinsurance �lause, ancf with a standard mortgagee
<br /> clause in�a�or v�Lender, together with such other ha�ard and liability insurance as Lender may reasonahly require.
<br /> Palicies shall be wr�tten in �orm, amvunts, co�erages and basis reasonably acceptable t� Lender and issued by a
<br /> �ampany vr cvmpanies reasvnably acceptable to �ender. Trustor, upon request ❑f Lsnder, will deli�er to Lender
<br /> fram time to t�me the pvii��es or certificates of insurance in form satisfactory �o Lend�r, including s�ipula�ions �hat
<br /> co�erages wil� not be cance��ed or diminfshed without a� (east thirty �3�y days prior w�itten nvti�e to Lender. Each
<br /> insurance poiicy a�so shalE include an endorsement pro�iding that co�erage in �a�or o- Lender w�ll not hE �mpair�d
<br /> in any way by an� act, vmission or default of Trustar❑r any other p�rsvn. 5hould the Rea! Prvpe�ty be �ocated in
<br /> an area designated by the Administrator ❑f�he Federa� Em�rgency Management Age�Gy as a special flood hazard
<br /> area, Trustor agrees �� obtain and main�ain Federal Flood f nsurance, if a�aiiable, #or the maximum amount af
<br /> Trus�or's credit fine an� �he full unpaid prin�ipal balance �f any prior liens on the prap�rty se�uring �f�e foan, up to
<br /> fihe maximum policy limits set under the iVational Flood Insurance Program, or as other•�vise required by Lender, and
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