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2� 1 �� 1721
<br /> [3EED �F TRUST
<br /> Loan Nv: 'I�'I�943�7 �Cotltinued} Page 3
<br /> interesfis in the Property are na� �eopardized. Lender may require Trustor �o post adequa�e security ar a surety
<br /> band, reasanably satis�ac�flry�to Lender,to protect Lender's interest.
<br /> Duty to Protect. Trustor agrees neither ta abandon or leave unattende� the Proper�y. Trustor shal! do all other
<br /> acts, in addition�o�hose acts set forth abo�e �n this sec��on, which from the character and use o�the Property are
<br /> reasonab�y necessary to protect and preser�e the Pr�perty.
<br /> D[JE aN SALE���NSENT BY LENDER. Lender may, at Lender's ❑p�ion, dec�are immediately due and payab�e afl sums
<br /> se�ured �y�his Deed o#Trus�upon the sa[e vr trans�er, without Lender's privr writ'�en consent, of al�or any part af the
<br /> ReaE Property� or any in�erest in the Rea! Praperty. A "saie or transfer" means �he con�eyanc� vf Rea! Property or any
<br /> right, title nr �nterest in the Real Prvp�r�y; v►rhether lega[, benefi�Ea� or equi�abfe; whether v�luntary ar involuntary;
<br /> whethe� by outr�ght sale, deed, installment saEe contra�t, land cont�-act, confira�t �v�r deed, leasehvld interest w�th a
<br /> term greater fihan�hree {3� years, [ease-op�ion cantract, or by sale, assignment, or transf�r o�any beneficial interes� in
<br /> vr to any land trust holding title �o the Real Prvpe�ty, ar by any other method of cvn�eyancs of an �nteres�t in the ReaE
<br /> Praperty. Hawe�er, this option shall nat be exercised by Lender i� such exercise is prohibited by federal Iaw ar by
<br /> Nebraska faw.
<br /> TAXES AND L�ENS. The fo�lowing pra�isivns �efating tv the taxes and liens on the P�operry are par� ❑f this ❑eed ❑f
<br /> Trus�:
<br /> Paymen�. Trus�or shal� pay when due tand in a�� e�ents priar tv delinquency� aii taxes, special taxes� assessments,
<br /> charges {including water and sewer}, �ines and impasitions le�ied agains�flr ❑n account of the Property, and shalI
<br /> pay when due all c�aims for work done on vr for ser�ices rendered or ma�terial fiurnished to the Praperfiy. Trustor
<br /> sha�� maintain#he Proper�y �ree o�all Iiens ha�ing pri�rity o�er or equal to the inte�-est ot L�nder under#his Deed a�
<br /> Trus�, excep� �o� the �ien af taxes and assessments nat due and excep� as atherwise provided in this Deed o#
<br /> Trust.
<br /> Right to Con#est. Trustar may withhold paym�nt of any#ax, assessmen�r or ciaEm �n cannection with a gvad faith
<br /> dispute a�er�he ab�iga�ian ta pay, so long as Lender's interest in the Praperfiy is not jeapardized. [�F a li�n arises❑r
<br /> is fi��d as a resu[t of nvnpayment, Trustor sha�� within fif-�een ��5j days after the lien arEses or, if a Eien �s filed,
<br /> wEthin ��ftsen {�5} days after Trustar has notice �f the filing, s�cure the dis�harge o�the lien, or i� reques�ed by
<br /> Lender, deposit with Lender cash❑r a sufficient corpvrate surety bond or other securi�y sat�sfaCtvey�o Lender in an
<br /> amount sufficient t❑ discharge the lien plus any costs and attorneys' fees, or ather charges �hat could accrue as a
<br /> r�sul�af a foreclosure or safe under the fien. ln any contest, Trustor shaEl defend itsef�and L�nde�and shall satisfy
<br /> any ad�erse�udgmen�befivre enfar�ement against the Prnper�y. Trustor shall name Lender as an addi�tional obl�gee
<br /> under any surety b�nd furnished in the con�est prviceedings.
<br /> Eviden�e of Payment. Trus�or shall upfln demand furnish to Lender satis�act�ry e�idence of paymen�fl�F�he taxes
<br /> or assessments and sha�E auth�rize the appropriate go�e�nmentai official to del��er�a Lender a� any tims a written
<br /> s�atement of the taxes and ass�ssmen�s against the Property.
<br /> Notice of Cons#ructivn. Trustor shall noti�y Lender at feast fifteen {15} days befare any work is commenced� any
<br /> ser�ices are furnished, ar any materials are suppiied to �he Prvperty, �t any mechanic's lien. materiaEmen's lien, or
<br /> othe� fien cauid be asserted ❑n accvunt ot the work, ser�ices, ar materEals. Trustor wil[ upan reques�t ofi Lender
<br /> furnish to Lender ad�ance assurances satEsfacfiflry t❑ Lender that Trustor can and wi[i pay �he cast o# such
<br /> impro�ements.
<br /> PR4PERTY DAMAGE INSURANCE. The fof[owing pro��si�ns refa�ing to insuring�the Proper�y are a pa��of this D�ed vfi
<br /> Trust.
<br /> Maintenance of Insurance. Trustar shali prvcu�re and maintain paii�ies ❑f fire insurance with s�andard extended
<br /> ca�erage endorsemenfis on a fair �alue basis far the full insurable �alue co�ering aii [mprv�ements an the Real
<br /> Property in an amaun� sufficient tv a�aid applicatian a� any coEnsurance clause, and with a s�andard mvrtgagee
<br /> cfause in#a�ar of Lender. Trustar shalE also procur� and main�aEn compreh�ns��e genera! �iabi�ity insu�-ance in such
<br /> cv�e�age amounts as Lender may reques� wi�h Trustee and Lender heing named as additi�na� insureds in such
<br /> fiab�fity insurance poiic�es. Additiona[[y, Trus�ar sha!! main#ain SUCh ❑th�r insurance, including but n�t f�mited to
<br /> hazard, business in�errupti�n, and boi[er insurance, as Lender may reasonab�y require. Poficies sha�� be written in
<br /> �arm, amounts, co�erages and bas�s reasanably acceptab�e tv L�nder and issued by a c�mpany ❑r companies
<br /> reasonabiy accep�abie tv Lender. Trus�vr, upon request of Lender� will deEiver t� Lender �rom �ime to time the
<br /> pvli�Ees ar cer#ificates of insuran�e in form sa�isfactory to Lender� including stipula�ions tha� co�erages wi[[ not be
<br /> cance!!ed vr diminished wfthout at least ten 41�y days prior written notic� to Lender. Each insurance policy also
<br /> shali inc[ude an endarsemen�prvv�ding that coverage in�ra�vr a�Lender wiil nvt be impaired in any way by any a�t,
<br /> omiss�on or defau�t of Trustar or any ❑�her persvn. Should the Rea� Property be Ivcated in an area designated by
<br /> the Adm�nistrator af th� Federa! Emergency Management Agency as a speciaf fEvvd hazard a�ea, Trustor agrees ta
<br /> v�tain and maintain Federa� Flood Insurance, it aWailable, withEn 45 days after notice �s gi�en by Lender that the
<br /> Property is lvcated in a specia[fivod ha�ard area, for the fu[I unpaid pr�ncipa! balance of�he �van and any prior liens
<br /> vn the proper�y securing#he Ioan, up�Ca�he maximum pnlicy limits set under the Nativna! F�oad Insurance Program,
<br /> ar as vthe�wise required by Lender, and tv maEnta�n such insurance fvr the term af the loan.
<br /> AppEi�ation of Proceeds. Trustor shall pramptly no�ify Lender ❑f any l�ss or damage to the Praperty. Lender may
<br /> make praa� of Iass �� Trus�or �ails to da s❑ wi�hin fifteen ��5} days of the casuaity. Vllhether ar not Lender`s
<br /> se�u�ity is impaired� Lender may� at Lender's elec�ion, recei�e and retain the proceeds v�any insurance and apply
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