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2� 1 ��2�95
<br /> ��E� �� l��L��T
<br /> ' Pa e �
<br /> Loan �Vv: 2295a ���r1����� � 9
<br /> Possessivn and Use. Unti� the ❑ccurrence ❑f an Even� of Defau��, Trustor may �'�� remain in possession and
<br /> cantro! ❑f the Property; {2} use, apera�e or manage the Praper�y; and �3) �oIfe�t the ftents fram the Proper�ty.
<br /> Duty to �aintain. Trustor shail maintain �the Proper�y in tenantab�e condition and pramptIy perform al! �-epairs,
<br /> repEacements, and maintenance necessary to preser�e i�s �alue.
<br /> Comp�iance �11lith Env�ronmenta� Laws. Trustor- r�presents and warrants to Lender that: �'�7 During �he period ofi
<br /> Trustor's ownership of the Property, there h�s been n� use, generation, manufacture, starage, treatment, dispasal,
<br /> release or �hrea�ened release o� any Ha�ardous Substan�e by any person ❑n, under, about ar from the Property;
<br /> �2} Trustar has n❑ knowledge of, or reason t❑ beli�ve �ha�there has been� except as pre�iousiy disciosed �o and
<br /> ac�nowledged by Lender in wr���ng, �a} any �reach or vioIa�ion ❑f any Environmenta! Laws, 4b} any use,
<br /> � generatfon, manufa��ur�, starage, t�eatment, d�sposal, reiease or threatened re�ease o� any Hazardous Substance
<br /> an, unde�, ahout or �rom the Praper�y by any prior ❑wne�s o� occupants o� the Property, or �c} any actuai or
<br /> threatened l�tiga�tEon ar claims of any kind by any person rela�ing t❑ such mat�ers; and {3} Except as prev�ousIy
<br /> disclased to and acknowledged by L�nder in wr�ting, {a� neither Trustor nor any�enant, contracta�, agent or ath�r
<br /> au�harized user o�the Proper�y shal� use, generate, manu�ac�ure, stare, treat, dispase ❑�ar reiease any Ha�ardaus
<br /> Substance on, under, about or from the Property; and �b} any su�h acti�ity sha�i be condu��ed in complian�e with
<br /> all app�icabie federal, state, and local �aws, reguIations and Qrdinances, including withaut Iimitatian al!
<br /> En�ironmentaf Laws. Trus�ar authori�es Lender and �ts agen�s to enter upan the Property �❑ make such
<br /> insp�c�iflns and �ests, at Trus�ar's expense, as Lender may deem appropriate to determine �ompIiance �f �he
<br /> Property with this sectivn ❑� the Deed o� Trust. Any inspe�tians or tests made by Lender sha�� be �or Lender's
<br /> purposes aniy and sha!! nat be �onstrued �a create any responsib��ity or�iability on�he part o� Lender�a Trustor ❑�
<br /> �o any �ther persan. The represen�ations and warranties contained herein are based on Trus�or's due diligence in
<br /> investiga�ing the Praperty �ar Hazardous Substances. Trustv�- hereby �'I} re�eases and wai�es any �u�ure claims
<br /> against Lender for indemnity or contribution in the e�en� Trus�ar becomes liabl� �or cleanup or other costs under
<br /> any such laws; and t2� agrees to indemni�y, de�end, and hald harmless Lender against any and a!! Glaims, losses,
<br /> liabilities, damages, penalties, and expenses which Lender may directfy or indirectIy sustain or su��er resu��ing �rom
<br /> a breach ❑f this section o�r�he Deed ❑�Trus� or as a consequence a� any use, generation, manufactu�e, s�orage,
<br /> disposai, reIease�r threatened reIeas�occurring p�ior to Trus�ar's ownership or in�eres�in�he Proper�y, v►rhe�her or
<br /> not the same was ar shouId have been known t❑ Trustar. The pro�isions ❑f this se�tion of the Deed o� Trust,
<br /> including �he obfigatian ta indemnify and defend, shail sunri�e the payment of the indebtedness and the sa�isfaction
<br /> and reconveyance ❑�the lien of�h�s ❑eed o�Trust and shall not be af�ected by Lender's acqu�sition of any interest
<br /> in�he Prape�ty, whether by farecfosure or❑therwis�.
<br /> iVuisance, 1Naste. Trustvr shaI� nat cause, conduct or permit any nuisanc� nor cammit, permit, ❑r' suffer any
<br /> stripping ❑f or wast� on ar to �he Prvperty or any pa�tion ❑f the P�operty. 1lllithout limiting the generali�y of�he
<br /> �oregoing, Trustor vtiril! na� remove, ❑r g�ant to any athe� party the righ�ta �-emo�e, any timb�r, minera�s {inc�ud�ng
<br /> oii and gas�, coa�, clay, scv�ia, soi�, gravei or rack products withou�Lender's prior wri�en consen�.
<br /> Removal of�mpro�ements. Trus�ar shail not demfllish or remave any lmpro�emen�s from the Reai Praperty withou�
<br /> Lender's p�-iar writ��n cansent. As a condi�ian to�he rema�ai af any lmprovements, Lender may require Trus�tor to
<br /> make arrangements satis�ractory to Lender to rep�ace such lmpro�ements with Improuements ofi a� feast equa!
<br /> value.
<br /> Lender`s Right ta Enter. Lender and Lende�'s agents and representativ�s may enter upon the Real P�aperty at aff
<br /> reasonable times to a�ttend to Lender's �nterests and �o inspect the Rea� Proper�y �or purposes af Trustor's
<br /> comp�fanc�with the terms and conditi�ns ❑f�his Deed ❑�Trust.
<br /> Cvmp�iance with Ga�ernmen�a� �equirements. Trustar sha[� p�amptIy comp�y with a�� �aws, ❑rdinances, and
<br /> r�gulatians, now ❑r herea�ter in e��ect, of a�� g�vernm�n�al authori�ties applicable �o the use ar occupan�y o� th�
<br /> Praperty, �n��uding without limitativn, the Americans Vllith Disabil�ties Act. Trustor may cvntes�t in good �aith any
<br /> suGh law, ❑rdinance, ❑r regula�ian and withhoId compliance during any proceeding, incIuding appropria�e appeals,
<br /> s❑ Iang as Trustor has notified Lender in writing prior to daing so and sa long as, in Lender's sale❑p�nion, Lender's
<br /> in�erests in the Prope�ty are not jeopardized. Lender may require T�-ustor �o post adequa�e security or a surety
<br /> bond, �easanahly satisfactary t❑ Lender,�o pro�ect Lender's interest.
<br /> Duty to Pro�ect. Trustor agrees neither to abandon ar Ieave unatt�nded the Prope��y. Trustar shail do a�l other
<br /> acts, in addi�ion �a thvs� acts se�for�th abave in this sectian, whi�h from the character and use of the Property are
<br /> r�asanably necessary to pro�ec�and preser�e the Property.
<br /> DUE flN SALE-G4NSENT BY LEIVDER. Lender may, a� Lender's aption, declare immediat�Iy due and payabl� aiI sums
<br /> se�ured by this �eed ❑�F Trust upon the sa�e or trans�er, without Lenderrs prior written consent, of al� ar any part a�the
<br /> Real Property, or any interest in the Real Property. A "sale or�ranster" mean� the conveyance af Rea! Property or any
<br /> right, titIe or interest in �he Real Property; }nrhether Iegal, beneficiai ar equitabier whe�her voiun�ary or in�a�untary;
<br /> whether by ou�right sale, deed� insta!lmen� s�le contractr land c�ntract, contract for deed, �easehold interest wi�h a
<br /> term greater than three �3} years, Iease-op�ian cantract, or i�y sale, assignment, or transfer o� any benef�cial interes� in
<br /> ar�o any fand �rust holding title ta the Real Property, ❑r by any ❑ther method a� �onveyance ❑� an interest in �he Rea�
<br /> Praper�y. �� any Trus�or fs a �arpara�ion, par�nership ar �Fmited l�ab�i�ty company, �rans�er aiso incfudes any �hange in
<br /> ownership v�mare than twenty-five percent {25°/Q} of the vating stock, partnership �n�erests ❑�limited Iiahif�ty�ompany
<br /> interests, as �the case may be, o�r such T�ustar, However, this option sha11 not be exercised hy Lender if such exercise
<br /> is �rahib�ted by�edera� !aw a�-by Nebraska �aw.
<br /> TAXES AND LIENS. The foI�owing pro��sions reIating to �he taxes and �iens vn �he Property are pa�� ❑f th�s ❑eed of
<br /> Trus�:
<br /> Payment. Trus�or shall pay when due �and in ai! e�en�s prior ta deiinquency7 a�� taxes, sp�cial taxes, assessments,
<br /> charges {including water and sewer), f�nes and imp�si�i�ns levied against or ❑n a�Gount of the Property, and shail
<br /> pay when due aIl ciaims �for work dane on or for services fendered or materia! �urnished tv the Property. Trustar
<br /> shai! ma�n�tain�he Proper�y free ❑�all liens ha�ing pr�ority a�er❑r equal to the in�erest o�Lender under this �eed of
<br /> Trus�, except �or the lien af taxes and assessments not due and �xcept as atherw�se prov�ded in this Deed ❑�
<br /> Trust.
<br /> Right ta Contest. Trustor may withhold payment❑�F any tax, assessment, ❑r claim in connection with a good fai'th
<br /> dispute a�er the ❑bligation'ta pay, so fong as Lender's in�erest in the Praperty is nat jeopardi�ed. I�a lien arises or
<br /> is filed as a result o� nonpayment, Trustor sha�� within f�fteen {�5} days after �he iien arises ❑r, �� a lien is fiiled,
<br /> wri�hin fi�teen {�5� days after Trustor has natice vf the �iling, secure �he dis�harge ❑� the (ien, or if requested by
<br /> Lender, deposi�with Lender cash ❑r a sufficient corparate surety bond or❑fiher security satisfactory t❑ Lender in an
<br /> amaunt su���cient ta discharge the lien pfus any costs and at�orneys' �ees, ❑r ather charges that cvuld accrue as a
<br /> resul�t❑f a for�closure or saie under the lien. !n any contest,Trustor shall defend itseif and Lender and shaI�sa�is�y
<br /> any ad�erse judgment before enforcement agains��he Proper�y. Trus�or shal! name Lender as an additional ob�igee
<br /> under any surety �ond furnished in the con�est proceed�ngs.
<br /> Evidence of Payment. Trustor shalf upon demand �urnish to Lender sa�isfactory e�idence ❑f payment�f the taxes
<br /> vr assessments and shalf authvrize the appropriate go�ernmen�ai officiai to deli�er to Lender at any�ime a written
<br /> sta�emen�C o�the�axes and assessments against the Praperty.
<br /> Notice af Constru��ion. Trustor shall no�ify Lender at Ieast�ifteen �15� days be�ore any wark is commenced, any
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