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<br /> Laan Na: ��1�887�� �C�n�i�u�d}� Page � ,
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<br />� P�SSESSIDN AND fVIAINT'ENANCE �� THE PR�PERTY. Trust�r agrees that Trustor's possession and use o� �he �
<br />� Proper�y shall he g��erned by the following provisions:
<br /> Rvssessivn and Use. Until the oc�urrence of an E��nt of Defau[t, Trus�or may ��y r�matn in possessian and
<br />� can�ro� of�khe Praperty; ��} use, aperate ❑r manage the Property; and �3y colEect�he Rents from the Proper�y.
<br /> Du�y �o Niain�ain. T�ustor shall mainfiain �he Proper�y in good condition and promptly perform a11 repairs,
<br />: rep[acements, and main�enance necessary to preserve its�alue.
<br />. Campliance 1Nith En�ironmenta[ Laws. Trus�ar represents and warran�s ta L�nder tha�: {�} ❑uring �he period nf
<br />; Trustor's ownershEp�af�he Property, �here has been na use, genera�i�n, manufacture, s�arage, freatment, disposal,
<br />;
<br /> release ❑r �hrea�ened release �f any Hazardous Substance by any persan an, under, abaut or fram �rhe Property;
<br /> {�} Trusto� h�s no Icnow�edge of, or reason to belie�� �hat ther� has been, except as pre�i�usly disc[osed ta and
<br />: acicnaw[�dged by Lend�r in writing, �ay any breach or viola�ion ❑f any Enr�ironmental Laws, �b� any use,
<br />� generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Subs�ance ;
<br /> on, und�r, abau� or from �he Property by any prior owners ❑r occupants of �he Praperty, ❑r �c} any a�tual �r
<br /> �hreatened ]i�igation o� claims vfi any kind by any person relafiing �a such matters; and {3y Excep� as preWiously
<br /> disclflsed to and ac�tnowledged by Lender in wri�Eng, �a} nei�her Trustor nor any tenan�, cantractor, agent or ather
<br /> au�horEzed user❑f the Property shall use, generate, manufac�ure, stare, �reat� dispose a�❑r releas� any Hazardous
<br /> Substance ❑n, under, abau�or fr�m the Praper�y; and �by any such ac�i�ity shall be condueted in compl�ance wi�h ;
<br />� al[ app�icab[e federal, s�a�e, and local laws, regulations and ordir►ances, including with�u� limi�afiian alE
<br />' En�iranmental Laws. Trustor au�horizes L�nder and i�s agen�s �❑ en�er upan the Praperty to malce such
<br />� inspec��ons and �ests, at Trus�ar's expense, as Lend�r may deem appropria�e �o de��rmine compfiance o� the `
<br /> Proper�y with �his sectian ofi �he Deed of Trust, Any inspec�ions or �ests made by Lender shall he far Lender's
<br />� purposes only and shall nat be construed ta �reate any responsibili�y or lia��lity on the part ofi Lender�o Trusfor❑r
<br /> �o any a�her person. The represen�a�ions and warran�ies con�ained herein are based an Trus�or's due dilig�nce in '
<br /> in�estigating the Prop�r�y f�r Hazardous Substances, Trustor her�by t�y releases and wai�e� any future claims
<br /> agains� Lender for indemni�y or �antribution in the e�en� Trus�or becomes �iable for cleanup ar other �os�s under �
<br /> any such faws; and ��� agrees �o indemnify, defend, and ho�d harm�ess L�nder againsfi any and ail claims, �osses,
<br /> IiabEli�ies, dama�es, penal�ies, and expenses which Lender may directly ar indirec�ly sus�airt or su�f�r r�sul�ing fram
<br /> a breach af �his sectian of �he Deed af Trust ar as a consequence of any use, genera�ion, manufactu�e; stora�e, :
<br /> disposal, re�ease or threa�ened release occurring prior ta Trustor's ov�inership ar interes�in the Praperty, whether❑r
<br /> no� �he same was or should ha�e been known �� Trustor. The pra�is�ons ❑f �his sec-�ivn ❑f the �eed o� Trust,
<br /> in�luding the �bligation to indemni�y and def�nd, shall su�vi�re�h� paymen�of the Inde�fiedness and �he safisfaction
<br /> and recan�eyance of fihe lien ❑�-�his Deed of Trus� and shall nof be affected by Lender's acqu�sition of any infieres� �
<br /> �n�he Property, whe�her by foreclosure ❑r a�herwise.
<br /> Nuisance, Waste. Trus�or shall na� cause, conduct ar permi� any nuisance nor commi�, permit, �r suffer any ;
<br /> stripping af or waste on ar to the P�operty or any p�rtion ❑f the Prop�r�y. VVith�u� limiting the g�neral�ty �� �h�
<br /> �oregoing, Trustar vvill not remo�e, or g�ant�o any other party�he right to remoWe, any �imber, minerals {inc�uding
<br /> oil and gas�, coal, c�ay, scoria, soil, gra�ei ❑r rack products without Lender's prior vvrit�er� consen�.
<br /> Remo�al of IrnproWemenfs. Trustor shall not demo�ish or remoW� a�y Improvements fram �he Real Property withou�
<br /> L,ender's priar written consen�: As a candi�i�n to the remo�a! of any ImproWements, Lender may require Trustar ta
<br /> mal<e arrangements sa�isfactory to Lender �❑ repface such �mpra�emenfis vtiri�h Impro�ements ofi afi feasfi e�ual
<br /> �alue,
<br /> Lender's R�gh�to Ente�. Lender and Le�nder's agen�s and �epre�entatiWes may en��r upan the Rea] Properfiy at all
<br /> reasonable times to attend �o Lender's in�erests and fio inspec� �he Real Property fflr purposes a� Trustor's
<br /> compliance wi�h fihe terms and condifiions o�this Deed of Trust�
<br /> Comp�iance rrvith GoWernmen�al Requiremen�s. Trus�ar shall promptly comply wi�h a[� laws, ❑rdinances, and :
<br /> regula�ions, now ❑r hereafter in e�fec�, ❑f afl go�ernmental authori�ies app[icabfe �o �he use or occupancy of the -
<br /> Property. Trustor may oon�est in g�od faith any such �aw, ordinance, or�egula�ion and withhold camplian�e during :
<br /> any proceeding, ir�cluding apprapriate appeals, sa long as Trust�r has no�ified Lender in wri�ing prior to doing s❑
<br /> and so lang as, in Lender's sole opinian, Lender's interests in�h� Property are r�o�jeapardized. Lender may require �
<br /> Trus�or t� post adequa�� security or a surety bond, reasonably safiisfac�ory to Lender, �a pratec�Lender's interest. ;
<br /> Duty �o Prvtect. Trwstor agrees neither �o abandon ❑r leaWe unattended the Property. Trustor shall da af I ❑the� '
<br /> ac�s, in addition�❑ thas� acts set far�h abo�e in this section, uvhi�h �rom �he charac�e� an�d use of the Property are �
<br /> r�asonably necessary fio protec�and preserve�he Property.
<br /> DIJE �N SALE � C�NSENT BY LENDER. Lender may, at Lender`s option, declare immediateiy due and payabl� all sums �
<br /> se�ured by�his D�ed of T�ust upon fihe saEe o�transfier, without Lender's prior written consenfi, ❑f all ar any par�a�fhe
<br /> Real Properfy, ar any interes� in the Real Property. �1 "sale or trans�er" means the c�n�eyance af Reaf Property ❑r any ,
<br /> �igh�, title or interest in the Real Proper�y; whether legal, beneficial �r equitab�e; whefiher �aluntary or invaluntary; ;
<br /> whe�her by outright sale, deed, installm�n� sale c�ntract, land contract, cantra�t fo� deed, �easehold interest wi�h a '
<br /> term grea�er than �hree �3� years, lease��ption �ontrac�, or by sale, assignment, or�ransfe� af any benefi�ial interesfi in '
<br /> or to any land trus� ho�ding title to the I�eaE Property, or by any ather m��had of con�eyance of an interest in fhe Real �
<br /> Proper�y, However, �his �p�ion shall not be exercised by Lend�r if such exercise is prohibited by federal law or by �
<br /> ' Nebraska law.
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