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2� 1 �� 1 �8�
<br /> D�ED �F TRUST
<br /> Loan N�: '1�'1�94'I 4� �Continued� Page 3
<br /> Lender's Right to Enter. Lender and Lender's agents and representatE�es may �nter upon the Real Property at all
<br /> reas�nable times t❑ attend t❑ Lender's interests and to inspect the Real Property for purpases of Trustor's
<br /> complianc� with the terms and conditions of this Deed ❑f Trust.
<br /> Campliance with Go�ernmental Requirements. Trustar shall promptly camply with all laws, ordinances, and
<br /> regulations, now or hereafter in effect, of all go�ernmental authorities applicable to the use or occupancy af the
<br /> Property, including without limitation, the Americans Wi�h Disabilities A�t. Trus�or may cantest �n gaod faith any
<br /> such� law, ordinance, ❑r regulation anc€ withh�fd camplianGe during any pro�eeding, �ncluding appra�ariate appeafs,
<br /> so Ic�ng as Trustor has notified Lender in writing prior t❑ doing sa and sa long as, in Lender's sole opin�on, Lender's
<br /> interests in the Prope�ty are nat jeapardi�ed. Lender may require Trust�� to post adequate securi�y ❑r a surety
<br /> bontl, reasanably satisfact�ry to Lender, to pratect Lender's interest.
<br /> Duty tv Prvtect. Trustor agrees neither to abandon or lea�e unattended the Property. Trustor shall d❑ all oth�r
<br /> a�ts,, in addit�on t❑ thase ac�s set forth aba�e in this section, which from the character and use of the P�-operty are
<br /> reasonably necessary t❑ protect and preser�e the Property,
<br /> DUE DN �ALE - CaNSENT 6Y LEN[]ER. Lender may, at L�nder's op�ion, declare immediateiy due and payabie all sums
<br /> secured k�y this Deed ❑f Trust upon the sale ❑r transfer, without Lender's p�-ior written consent, af a�l or any part a�the
<br /> Real Pro�erty, ❑r any interest in the Real Property. A "saie or transfer" means �h� eon�eyan�e ❑f Real Property or any
<br /> right, tit�e or interest in the Real Property; whether legal, beneficial ❑r equitable; whether �oluntary ❑r in�aluntary;
<br /> wheth�r by ❑utright sale, deed, installment sale �antract, land contract, contract f�r deed, leasehald interest with a
<br /> term gre�ter than thre� �3� years, iease-aptian contract, ar by safe, assignment, ar transfer of any beneficial interest in
<br /> or t❑ any land trust hofding title ta the Reaf Property, or by any ❑the� method of �on�eyan�e of an inter�st in the Real
<br /> Property. Hovve�er, this option shall not be exercised by Lender if such exercis� is prohibited by federal law ar by
<br /> N�braska law.
<br /> TAXES A.ND LIENS. The �oilowing pro�isians relating to the taxes and liens on the Praperty are part ❑f this Deed of
<br /> Trust:
<br /> Payrr�ent. Trustor sha11 pay when due �and in all e�ents prior t❑ delinquencyy a!I taxes, special taxes, assessments,
<br /> char��s �including water and sewery, fines and impositians ie�ied against o� ❑n account ❑� the Property, and shall
<br /> pay when due alf claims for wark done ❑n or �or ser�ices rendered or material �urnished to the Property. Trustor
<br /> shall maintain the P�nperty free o� al� lie�s having priority o�er❑r equal to th� �n�erest at Lender under this ❑e�d of
<br /> Trust� except for the lien af taxes and assessments not due and except as atherwise pro�ided in this Deed af
<br /> Trust.
<br /> Right to Contest. Trustor may wi�hhald payment of any tax, assessment, or �laim in �annection with a good faith
<br /> dispute o�er the ❑bligation t❑ pay, so lang as Lender's interest in �he Property is not jeapardized. If a lien arises or
<br /> is fi�ed as a result of nanpayment, Trustor shall within fifteen �1 5� days after the lien arises ❑r, if a iien is filed,
<br /> within fifteen {15y days after Trustar has notice vf the filing, se�ure the dis�harge of the Eien, ❑r if requested by
<br /> �ender, deposit vvith Lender cash �r a sufficient corporate surety bond or ather security satisfactory to Lender in an
<br /> amount su�ficient to discharge the lien plus any costs and attorneys' fees, ❑r ❑ther charges that could accrue as a
<br /> result❑f a foreclosure or sale under'the fien. In any cont�st, Trustor shall defend itse�f and Lender and shall satisfy
<br /> any ��d�erse judgment before enforcement against the Property. Trustor sha�l name Lender as an additional ❑bligee
<br /> und�r any surety b�nd turnished in the cantest proceedings.
<br /> EvidPnce of Payment. Trustor shall upon demand furnish to Lender satisfactary e�idence ❑f payment ❑�the taxes
<br /> or a�sessments and shall authorize the appropriate go�ernmental official to deEi�er to Lender at any time a written
<br /> statEment of the taxes and assessments against the Praperty.
<br /> No#ice af Constructian. Trustor shall notify Lender at least fifteen �1 57 days befare any wark is cammenced, any
<br /> ser�i�es are furnished, ❑r any materials are supp�ied to the Property, if any me�hanic's lien, materialmen's lien, or
<br /> other �ien could f�e asserted ❑n acc�unt af the work, ser�ices, ❑r materials. Trustar will upan request flf Lender
<br /> furnish ta Lender ad�an�e assuran�es satisfactary ta Lender that Trustar can and will pay the cost ❑fi such
<br /> impr+��ements.
<br /> PROPERTY DAMAGE INSUF�ANCE. The following pro�isions relating �o insuring the Property are a part o� this Deed ❑f
<br /> Trust.
<br /> Mait�tenance of Insuran�e. Trustor shall procure and maintain policies ❑f fire insurance with standa�-d extended
<br /> co�erag� endorsements ❑n a fair �alue basis for the full insu�abfe �alue �o�ering all Impro�ements an the Real
<br /> Praperty in an amaunt suffi�ient to a��id application of any coinsurance cEause, and with a standard mortgagee
<br /> �lau�e in favor of Lender. Trustor shali also procure and maintain camprehens�ve general liabil�ty insurance in such
<br /> �o�erage amounts as Lender may request with Trustee and Lender being named as additional insureds in such
<br /> fiabiEity insurance policies. Addi�ionally, Trus�or shall maintain such other insuran�e, including but not limited to
<br /> hazard, business interruption, and boiler insurance, as Lender may reasonably require, Policies shall be written in
<br /> farm, amaunts, co�erages and basis reasonabEy acc�ptable to Lender an� issued by a company or campanies
<br /> �easc�na�ly acceptable t❑ Lender. Trustar, upon request ❑f Lender, wi�� deli�er to Lender from time ta time the
<br /> policies ar certificates ❑f insurance in farm satisfa�tary to Lender, in�luding stipulations that co�erages wifl n�t be
<br /> cancelled ar diminished without at I�ast ten �1 py days prior written notice t❑ Lender. Each insurance policy also
<br /> shall include an endarsement pro�iding that co�erage in fa�or of Lender will not be impaired in any way by any act,
<br /> omission ❑r de�ault of Trustor ❑r any other person. Should the Rea! Property be lo�ated in an area designated by
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