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2� 1 �� 171 �
<br /> DEED �F TRUST
<br /> Laan No: 'I�'I�937�8 �C[3ntlr7u�d} Pags �
<br /> grants t� Lender a Unifarm Cammerciai Code security interest in the Pers�nal Praperty and Rents.
<br /> THIS DEED C]F TRUST, INCLUDING THE ASSiGNMENT []F RENTS AND THE SECURiTY INTEREST fN THE RENTS AND
<br /> PERSDNAL PR�PERTY, IS �[VEN T� SECURE �A� PAYMENT �F THE 1NDEBTEDNESS AND [B� PERF�RMANCE OF
<br /> EACH �F TRUSTflR'S AGREEMENTS AND [JBLIGATI�NS UNDER THIS DEED �F TRUST. THiS DEED �F TRUST IS
<br /> GiVEN AND ACCEPTE❑ �N THE F�LL�WING TERMS:
<br /> PAYMENT AND PERFDRMANCE. Except as otherwise pr���ded in this ❑eed ofi Trust, Trustor shal! pay tv Lender all
<br /> amflunts s�cured by this Deed vf Trust as they become due, and shall strictly and in a time�y manner perf�rm all �f
<br /> Trustor's obligatians under the �redit Agreement, this Deed af Trust, and the Related Documents.
<br /> P�SSESSI�N AND MA[NTENANCE QF THE PRaPERTY. Trustor agre�s that Trustar's passessian and use �f the
<br /> Prvperty shall be gv�erned by the fol�owing prv�isivns:
<br /> Possession and Use. Until the vc�urrence of an E�ent ❑f aefault, Trustar may �1� remain in possession and
<br /> contr�l ❑f the Property; ��} use, operate ar manage th� Property; and �3� coilec�the R�nts from the Property.
<br /> Duty to Main#ain. Trust�r shall maintain �he Prvperty in goad candition and prompt�y perf�rm all repairs,
<br /> replacements, and main�enance necessary tv preser�e its �alue.
<br /> Hazardous Suhstances. Trustar repres�nts an� warrants that the Property ne�er has been, and ne�er will i�e so
<br /> �ong as this De�d of Trust remains a lien on the Praperty, used for the generation, manufa�ture, s�ora�e,
<br /> treatment, disposal, release or threatened release of any Hazardvus 5ubstance in �iolation af any En�irc�nmental
<br /> Laws. Trustor autharizes Lender and its agents ta enter upon the P�operty t❑ make such inspec�ions and �ests as
<br /> Lender may deem appropriate to determine �ompliance vf the Property with this sectian of the Deed of Trust.
<br /> Trustvr h�reby {1} releases and wai�es any future claims against Lender far indemni�y ar contribution in the e�ent
<br /> Trustvr be�ames liable f�� cleanup vr nther casts under any such laws, and �2� agrees to indemnify, defend, and
<br /> hold harmless L�nder against any and all claims and losses resulting frt�m a breach vf this paragraph af�he Deed of
<br /> Trust. This ❑bligation to indemnify and defend shall sur�i�e the payment of the Indebtedness and the satisfactian
<br /> of thfs Deed at Trust.
<br /> DUE aN SALE- C�NSENT BY LENDER. Lender may, at Lender's aption, deciare immediat��y due and payahl� a�i sums
<br /> secured by this Deed of Trust upan the sale or transfer, w�thvut Lender's prior written consent, of all or any part of the
<br /> Real Praperty, or any interest in the Real Property, A "sale ar transfer" means the con�eyance of Real Property ❑r any
<br /> right, title ❑r interest in the R�al Property; wheth�r legal, beneficiaf or equitahle; wheth�r �oluntary ❑r in�oluntary;
<br /> whether by outright sal�, deed, insta��ment sale cantra�t, fand contract, �vntract for deed, leasehoid interest with a
<br /> term gteater than three {3} years, leas�-option cvntract, ❑r by sale, assignment, or transfer af any beneficial interest in
<br /> or to any land trust holding tit�e t❑ the Real Property, ar by any other meth�d of c�n�eyance ❑f an interest in the Real
<br /> PTop�rty. Howe�er, this option shall not be exercised by Lender i� such exercise is pr�hihited �y federal law or by
<br /> Nebraska law.
<br /> TA�ES AND LIENS. The fo�lawing pro�isions relating to the taxes and liens ❑n the Pr�perty are part of this Deed af
<br /> Trust:
<br /> Payment. Trust�r shall pay when due �and in all e�ents prior to delinquency} a�! taxes, spe�ial taxes, assessments,
<br /> charges �including wa�er and sewer}, fines and impositians le��ed against ❑r vn account af the Property, and shall
<br /> pay when due all claims �or ►nr�rk dvne fln or for ser�ices r�ndered ❑r materiai furnished tv the Praperty. Trustar
<br /> shal� maintain the P�operty free of all liens ha�ing priar�ty v�er or�qual to the interest of Lender under this Deed af
<br /> Trust, ex�ept far fihe ��en of taxes and assessments not due, except far the Existing Inde�tedness re#erred ta
<br /> below, and except as otherwise pro�ided in this ❑eed of Trust.
<br /> PR�PERTY DAMAGE 1NSLJRANCE. The f�ll�w�ng pro�isivns relating t❑ insuring the Pr�perty a�'e a part af this Deed of
<br /> Trust.
<br /> Maintenance ❑f Insuran�e. Trustvr shall procure and maintain palicies af fire insurance with standard extended
<br /> caverage endorsements on a fair �alue basis fvr th� �ull insura�le �alue co�er�ng all Impra�ements on the Real
<br /> Praperty in an amount sufficient t� a���d application vf any co�nsurance clause, and with a standard martgagee
<br /> clause in fa�or o�Lend�r, t�g�ther with su�h other hazard and liabi�ity insuranc� as Lender may reas�na�ly require.
<br /> Polici�s shall be written in #vrm, am�unts, co�erages and hasis reasanably accepta�le to Lender and issued hy a
<br /> campany or campanies reasonably ac�eptable t❑ Lender. Trustor, upan request of Lender, wiil deli�er tn Lender
<br /> from time to time the policies �r certificates of insuran�e in form satisfactory t❑ Lende�, �nclud€ng stipulations that
<br /> cn�erages will not be cancel�ed ❑r diminished vuithout at least ten �1 D� days prior writt�n nv�ice t❑ Lender. Each
<br /> insurance poficy alsa shall in�lude an endorsement praviding that ca�erage in fa�or of Lender will n�t be impaired
<br /> in any way hy any act, omissivn or default vf Trust�r or any a�h�r persnn. Should the Rea! Praperty �e I�ca��d in
<br /> an area designated by the Administrator of the Federal Emergency Management Agency as a special flood hazard
<br /> area, Trustor agrees to obta�n and maintain Federal Fload Insuran�e, if a�ailabie, #or the maximum amount of
<br /> Trustar's credit lin� and the full unpaid prin�ipai halance ❑t any priar liens on th� property securing th� �van, up t❑
<br /> the maximum poficy lsmits set under�he National F��od Insuranc� Program, or as atherwise required by Lender, and
<br /> tv maintain such insurance for the term vf the �oan.
<br /> LEN�ER'S EXPENDITURES. If Trustor fails �A} tt� keep the Property free �f all taxes, liens, SeCurrty inter�sts,
<br /> encumbrances, and ather claims, �B� t� pro�ide any required insuranc� �n the Property, �C� to make repa�rs tv the
<br /> Pr�perty �r to compiy with any obligativn to maintain Existing Inde�tedness in goad stand�ng as required be�ow, then
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