Laserfiche WebLink
1 <br />� <br /> I <br />� 2� 1 �� 1 �83 <br />� DEED OF TRUST <br /> i Lvan Nv; 1���94��5 ���nfi�nued} Page 3 <br /> I <br />� Lender's Right�o Enter. Lender and Lender's agen�s and represen�a�i�es may enter upon the Rea� Property a�t all <br />; reasvnable times �o a��end �o Lender's in�eres�s and �a inspec� �he Rea� Proper�y f�r purposes vf Trustar's <br />� complian�e with the terms and cvnditions v�this �eed of Trusf. <br /> Gompliance with Governmental Requirements. Trus�tar shall prompt�y comply wi�h a�� laws, ❑rdinances, and <br /> regulations, now ❑r hereafter in eff�c�, �f all ga�ernmen�a� au�hari�ies applicable ta the use or- ❑ccupancy a�the <br /> Praperty, incfuding withou� limi�a�ion, the Am�ricans 1Nith Disabili�ties Act. Trus�t�r may �antes� in good fai�h any <br /> such law, ordinance, or regulation and withhold compliance during any prviceedin�, including appropriate appeals, <br />� so long as Trustor has nvtifiied Lender in writing privr to dving sv and sv Ivng as, in Lender`s s�le opinion, Lender's <br />; <br /> interes�s in the Proper�y are no�jeapardized. Lender may require Trus�or �o post adequa�te security flr a sure�y <br />, laond, reasonably sa�isfac�ory to Lender,to prv�e��Lender's infier�st. <br /> Duty tv Prote�t. Trustor agr��s neither �a ahandan ❑r fea�� unattended �he Prape�ty. Trustvr shal� do all v�her <br /> acts, in addi�ion fi❑thase acts set farth above in�his section, which from�he charac�er and use��the Property are <br /> reasvnably necessary ta protect and preser�e�he P�-�perty. <br /> DUE�N SALE-C�NSENT BY LENDEFi. Lender may. at Lender's ❑pti�n, d�c�are immediate�y due and payable all sums <br /> se�ured by�his �eed of Trus�upvn�he sale or transfer, wi�hout Lender's prior wri�kten cans�nt, ofi all ar any part of the <br /> R�al Praperty, or any inte�-est in�he Reaf PraQsrty. A "safs ❑r tr-ans�er" means fihe �on�eyance of Real Prvper�y ❑r any <br /> righ�, fi�tle vr in�erest in �he Rea� Praper�y; whether legal, beneficial �r equi�able; whe�her �aluntary ❑r in�aluntary; <br /> whether by ❑u�r�gh� sale, deed, ins�ka�lmen� sale �ontrac�, land can�ract, cantract �or deed, leasehald in�erest w�th a <br /> �erm grea�er than thr�e {3} years, �ease--op�ian cantrac�t, ❑r by sale, assignmenfi, ❑r transfier o� any benefic�al inte�est in <br /> ❑r�v any land firus� ho�ding tifife to the Real Proper�y, vr 1ay any vfiher mefihod o� c�n�eyance ❑f an in�erest in �he Real <br /> Praperty. I� any Trustar is a �orporation, par�nersh;p or limited liabili�y company, �rans�er alsa includes any change in <br /> ❑wnership ❑f mvre than�vvenfiy-fi�e percenfi �25°/0} a��he�oting sto�k, partnership interests or limi�ed liabi[i�y campany <br /> in�erests, as the case may be, o�su�h Trustor. Howe�er, this ❑ption shall no� be exercised by Lender ifi such exercise <br /> is prohibited hy�ederal law or by Nel�raska law. <br /> TAXES AN❑ L1EN5. The �Foflowing prv�isions re�ating to �he taxes and fiens on �he Pr�perty are part of this ❑eed vfi <br />; Trust: <br /> Paymen�. Trus�or shall pay when due �and in all e�en�s pri�r to delinquency� all taxes, spe�ial fiaxes, assessmenfis, <br /> charges �in�luding water and sewer}, �ines and imposi�ivns [e�ied against❑r ❑n ac�oun� a�the Property, and shall <br />. pay when due all claims f�r wvrk dane vn �r for ser�ices rendered ar materiaE furnished t❑ the Proper�y. Trustor <br />� <br /> shall maintain the Property��-ee ❑f a[I liens ha�ing prio�i�y o�er or equal t❑the interest o�F Lender under fihis ❑eed ❑f <br />� Trusfi, except �Far the fien o-� �axes and assessments not due and �xcep� as o�herwise pro�ided in fihis D�ed a� <br />� Trust. <br />� Righ�to Con�est. Trustor may wi�hhald paymen�❑f any�ax, assessmen�, or claim in cvnneGtion wifih a gvvd �ai�h <br /> dispute v�er the�bligativn to pay, so Ivng as Lender's interes�in the Praper�y is no�jeapardized. lf a lien ar�ses or <br /> is filed as a resul� o� nonpaymen�, Trus�or shal� within ��fkeen �15} days af-�er �he �ien arises or, ifi a lien is �iled, <br /> within �ifteen {15} days af�er Trustor has notic� af the filing, secure the discharge of�he lien, vr i� requesfied by <br /> Lender, deposit with Lender�ash or a suffiGient c�rparate surety bond�r nther security satisfactory to Lender in an <br /> amvunt sufficient to discharge�he lien plus any cos�s and at�arneys' fees, or o�her charges fiha�Gvuld accrue as a <br />, resul�of a�oreclasure or sale under�he lien. in any contes�, Trustor shall defend itself and Lender and shall satisfy <br /> any ad�erse judgment be�are enfarcemenfi against�he Property. Trustor shall name Lender as an additiona� vhligee <br /> under any surefiy band furnished �n�he cantest proceed�ngs. , <br /> Evidence v�Payment. T�us�or shall upon d�mand furnish to Lender satis�a�tory e�idence ❑f paymen�of�he taxes <br />' or assessmen�s and shal� au�hvrize�he apprvpr�ate go�ernmental ❑ffi�ial to de���er fiv Lender at any time a written <br /> sta�ement of the taxes and assessmen�s against�khe Proper�y. . <br />� No�ice of Cvnstruc�ion. Trustor shal! notify Lender a� least fif�een �'i 5� days before any work is commenced, any <br />; services are furnished, or any ma�eria�s are supplied tv�he Prvper�y, if any mechanic's lien, ma�erialmen's lien, ❑r <br />! o�he� lien cauld be asser�ed on aGcount of the�work, ser�ices, ar materials. Trustor will upon �-equest of Lender <br />; furn�sh to Lender ad�ance assuranc�s satisfactory to Lender �hat Trustor can and wi�� pay the cas� o� such <br />; impra�emen�s. <br />� <br />� PR�PERTY DAMAGE INSURANCE. The fa��owing pro�isians re�ating �t❑ insuring�he Praperty are a part o�this Deed ❑� <br />' Trust. <br />, � <br />� Main#enance of lnsurance. Trustor shall procure and main�ain poli�ies of �ire insurance w�th standard extended <br /> I <br />� cv�erage �ndarsemenfis ❑n a replacement basis �or�he �ull insurab�e �alue �v�ering all �mpr�vements on the Real <br />; Praperty in an amoun� sufficient �❑ aWaid applica�ion v� any cainsurance clause, and wi�h a standard mortgagee <br />� �lause in fa�ar❑f Lender. Trustvr shall also prv�ure and maintain camprehensive general fiability insurance in such <br />� coverage amoun�s as Lender may request wi�h Truste� and Lender being named as additional insu�-eds in such <br /> liabili�y �nsurance policies. Additionally, Tr�us�ar sha�[ mainfiain su�h afiher �nsurance, inc�udin� but not limi�ed to <br /> ha�ard, bus�ness interruption, and boiler insuran�e, as Lender may r�as�nably require. Policies shall be writ�en in <br /> fvrm, amvunts, co�erages and }�asis reasanably accep�able to Lender and issu�d 1�y a company ar campanies <br /> j reasonably acceptable to Lender. Trustar, upon request a� Lender, will deli�er t� Lender from �ime �❑ �zme the <br />� policies or cer�ifica�es of insurance in fo�m satisfac�ory�❑ Lender, inc�ud�ng stipu�ations tha�co�erages will nat be <br />� <br />` can�elled or diminished irvithoufi at least ten {1�} days prior wri�ten nv�ice fio Lender. Each insurance pa�icy alsv <br />� <br />� <br />� <br /> 1 <br />� <br />� <br />