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2� 1 ��2325
<br /> DEED [)F T�U�T
<br /> �Cnrltlnued� Pag� �
<br /> resu(t in a defau�t under any agre�ment or ather insfrument bihding upon Trus��r and d❑ not resu�#in a�iolation of any
<br /> law, regulation, court decrae or vrder applicable to Trustor; �d} Trustvr has es�abiished adequate means of obta�ning
<br /> from �orrower on a cantinuing bas�s infurmatian about Borrvwer's f nancia[ condi�ion; and �e} Lender has made no
<br /> represenfiafiion ta Trustor about Bvrrower(including withaut�imitafivn the creditwvr�hiness❑f Borrow�r}.
<br /> TRl1STOR'S WAIVERS. Trustor wai�es all rights or defenses arising by reason of any"one action"' or"anfi-defic�en�y"
<br /> law, ar any other 1aw w��ch rr�ay pre�enf Lender from bringing any action aga�ns� Trus�or, �ncluding a clairrl for
<br /> defciency�a the extent Lender is ❑therwise �ntitied to a claim f�r de�iciency, before or a�ter Lender's cammencement
<br /> ar campletion o�any fvreclosure actian,either judicia�ly❑r by�xsrcise af a pawer of sale.
<br /> PA'YNIENT AND PERFC]RIVIANCE, Except as otherwise pro��ded in this Deed of Trus�, Borrower shail pay to Lender all
<br /> �ndebtedness secured by this Deed v� Trust as i# becomes due, and E3arrower and Trus�or shall perForm al! their
<br /> respecti�e❑bligations under the Gredit Agreement,this Deed of Trust,and fihe Reia�ed Documents.
<br /> RUSSESSi�N AND 11J�AlNTENANCE OF THE PR�PERTY. Borrower and Trustor agree that Barrvwer's and Trustor's
<br /> possession and use o�the Proper�y shall be ga�erned by the following pro�is�ons:
<br /> Possessian and �se. Llntil the �ccurrence of an E�ent of ❑efault, Trustor may �'�} rema�n in possession and
<br /> control of the Prope�ty; �2} use, operate or manage the Praperky;and �3} collect�he Rents from the Pr�perty.
<br /> Duty to 111faintain. Trustnr shaCl maintain the Prvperty in gvod condition and prvmptly perform a!� repairs,
<br /> replacements,and maintenance necessary to preser��ifs�alue.
<br /> Compiiance With En�iranmenta! Laws. Trustor represents and warrants f❑ Lender tha�: �'(} During the perind of
<br /> Trustor's ownership of the Property,there has been n❑use,genera�ion, manufacture,storage,treatment,disposal,
<br /> release ❑r threatened refease af any Hazardaus Substance by any persvn on, under, about ❑r fr�m the Property;
<br /> �2} Trustor has no know�edge ot, vr reason to believe that�here has �een, except as pre�iously disclosed fio and
<br /> acknvwiedged by Lender in writing, �a} any breach ar �in�ation of any En�ironmen�a[ Laws, �b} any use,
<br /> generation, manufacture, storage, treatment, d�spasa[, release nr threatened r�lease �f any Hazardaus Substance
<br /> an, under, abvut or from the Prvper�y by any prior ovvners ❑r vccupants o�the Property, ar �c} any actual or
<br /> #ht-eatened Iitiga�iart ❑r claims of any k�nd by any person reiating to such matters; and �3} Except as pre�iously
<br /> disc�osed to and ackr�owledged by Lender ir�writing, �a} neither Trus�or nor any tenant, contractor,agent❑r oth�r
<br /> authvrized user of the Properky shall use, generate, manufacture, stare,freat, d�spose of or rel�ase any Hazardous
<br /> Substance❑n, under, about vr from the Prvperty;and �b} any such acti�ity shalf be�onducted in complianc�vvith
<br /> af[ applicable federal, state, and local laws, r�gulations and ordinances, in�luding without limita#ion all
<br /> En�irvnmental Laws. Trustor authorizes Lender and i�s agenfs to enter upon the Property tn make such
<br /> inspections and tests, at Trustnr's expense, as Lender may deem apprvpriate to determine �ompliance of the
<br /> Property with this section of the Deed of Trust. Any inspectians or tesfis made by L�nder shalf he�or Lender's
<br /> purposes vn[y and shall not be construed ta create any respvnsibil�ty or liabifi�y�n the par�of Lender to Trustar vr
<br /> tv any ofiher person. The representations and warran�ies contained herein are based on Trustor's due diligence in
<br /> in�est�gating �he Proper�y for Hazardous Substances. Trustor hereby �'f} releas�s and wai�es any future claims
<br /> agains� Lender for indemnity❑r contributian in the e�ent Trustor hecomes liabie�or cleanup or other costs under
<br /> any such laws; and ��} agrees ta indemnify, �efend, and hald harm�ess Lender agains�any and all claims, lasses,
<br /> liabiiities, damages, penalties, and expenses wh�ch Lender may directly ar indirectly sustain or suffer resulting f�om
<br /> a breach o�this section af�he Deed af Trus� or as a cansequenGe o�any use, generatian, manufacture, starage,
<br /> disposai, release❑r�hreatened release occurring priar to Trustvr's awnership vr interest in the Proper�y,wh�th�r or
<br /> not th� same was ar should ha�e been known �o Trus#or. The provis�ons of this section o�the �eed of T�ust,
<br /> includ�ng the❑bligativn ta ind�mni�y and defend,shafl surv��e the payment of the lndebtedness and�he satisfac�ivn
<br /> and recon�eyance of�he�ien of this Deed of Trust and shall not be a�fected by Lender's acquisition of any in�eres�
<br /> �n�he Property,wh�#her by forec�osure❑r ather-wise.
<br /> Nuisance, Waste. Trustor shall not cause, conduct or permit any nuisance har commit, permit, or suffer any
<br /> s�ripping af or was#e ❑n or fo the Prvper�y or any portion of the Prvper�y. Without [im�t�ng #he generality of the
<br /> f�rego�ng, Trustor wi[I not remv�e, vr grant to any o�her par�y the right to rema�e, any timber, minerals �inGlud�ng
<br /> oi�and gas}, �oaf, clay, scoria,soil, gra�el or rock products without Lender's prior written consent.
<br /> R�mo�al af lmprvvements. Trustor sha[I r�ot demolish vr remove any Improvemen�s from the Reaf Property withvu�
<br /> Lender's prior writfien cansent. As a candi�ion tv the�-emo�al of any Impro�ements, L�nder m�y require Trustar to
<br /> make arrangements sa#[sfac#ory to Lender t❑ replace such lmpro�em�nts with Impro�ements of at least equal
<br /> �alu�o
<br /> Lender's Right ta Enter. Lender and Lender's agents and representati��s may enfier upon the Rea1 Property a�all
<br /> reasonable times to attend to Lender's interesfs and to inspec� the Real Property for purposes of Trustar`s
<br /> cor�-�plian�e with the terms and condi�ivns af this❑eed of�'rust.
<br /> Campliance wi�h Go�ernm�nta� R�qu'rrements. Trusfor shall promptly comply with al! Naws, ❑rdinances, and
<br /> regula�ians, now ❑r hereafter in efl`ect, af a[I go�ernmentaf authvrities appl�cahle to the use ar ❑c�upancy of the
<br /> Prope►ty. Trustor may can�est in gvod fa�th any such law, vrdinance,vr regu�a�ion and withhald c�mpliance during
<br /> any proceeding, including appropriate appeals, so Ivng as Trustvr has n�ti�ied Lender in writing prior to doing s❑
<br /> and so fong as, in Lender's svle op�nion, Lender's interests in�he Proper�y are nv�jevpardized. Lender may require
<br /> Trustar fiv post adequate s�curity or a surety bvnd,reasonab[y satisfactnry to Lender,to protect Lender's interest.
<br /> Duty tn Protect. Trustar agrees n�ither�o abandon vr lea�e unattended the Prvperty. Trus#or shall do all o�her
<br /> acts, �n additivn to thase acts set farfih abo�e in�his s�cfiion,which fram the character and use of the Property are
<br /> reasonably necessary to prv�ect and preserve�he Proper�y.
<br /> DUE DN SALE W CONSENT BY LENDER. Lender may, at Lender's aptian,decfare immediately due and payab�e all sum�
<br /> secur�;d by this Deed of Trust upon�he sale or transfer,without Lender's pr�or written consent, vf a!! or any park of the
<br /> Real Property, �r any interest in�he Reaf Proper�y. A"sal�ar transfer" means fihe conveyance of Real Property or any
<br /> right, title nr interest �n the Real Properky; whether lega�, beneficia[ vr equitable; whe#her �o�untary or in�oluntary;
<br /> uvhether by ou#righ� saie, deed, installment sale cor�tract, iand con�ract, �antrac� fvr deed, leasehold interest with a
<br /> term greater than three �3}years, fease-option cantrac�, or!�y sale, assignment, ar transfer of any benefic�al interest in
<br /> ar to any land trust ho[ding title to the Rea[ Property, or by any❑ther methad o�'can�eyance of an interest in the Rea�
<br /> Property, Howe�er, this vption shall not b� exercised by Lender �f such exercise is prohibi#ed loy federa[ law or by
<br /> Nebraska law.
<br /> TA�ES AN❑ L[ENS. The foliowing pro�isions relating �v the taxes and �iens �n the Prvper�y are part o�f th�s Deed of
<br /> Trust:
<br /> Paymenf. Trus�vr shall pay when due�and in al�e�ents pri�r�o del�nquency}a11 taxes,special taxes, assessm�nts,
<br /> charges �inciud�ng uvater and sewer}, fn�s and impnsit�vns l��ied against vr an ac�aun��fi the Property, and shall
<br /> pay wh�n due all cl��ms�or work don� on or for set-vices rendered or material furnished fio�he Property. Trust�r
<br /> shali maintain'the Praper�y free of alf liens ha�ing privri�y v�er or equal tv fhe interest of Lender under this �eed vf
<br /> Trust, excep� �or the [ien �f taxes and assessments nofi due, except for the Existing �ndebtedness referred to
<br /> belvw,and except as otherwise pro�ided in this Deed of Trust.
<br /> Right t�Cantest. Trustor may withhold payment of any�ax, assessmenfi, vr claim in connection with a good fai�h
<br /> dispute o�er the abfigation ta pay, so lvng as Lender's interes�in#he F'roperty is nat jeopardi�ed, If a lien arises�r
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