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2� 1 ��274�
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<br /> �EED �F TRU�T
<br /> ��ontinued� ���e 2
<br /> against Lender for indemnity ar cvntribution in the event Trust�r becames liabi� for �leanup ar other costs und�r
<br /> any such laws; an� ��y agrees ta indemnif�, def�nd, and hald harmles$ Lender againsi any and �II�faims, lass�s,
<br /> liabilities, damages, penalties, and expenses which Lend�r may dir��tly ar indirectly sust�in ar suffer r�sulting�r�m
<br /> a brea�h Q�this se�tiQn ❑f ths De�d vfi Trust ar as a consequ�nce a� any us�, gFneration, manufactur�. stor�ge,
<br /> disposal, relsase or threat�ned release occurring priQr t�Trustor's ownership or interP�t in the Pr�p�rty, whether or
<br /> nat the sam� was or should ha�e been known to Trustor. The pro�is'tons of this sectian �� th� Q��d af Trust,
<br /> including th�abligati�n ta indemnify and def�nd, �h�ll sur�i��th� payment o�the Indebtedness and the satisfa�tivn
<br /> and recnnv�yance of th�lien�#this Deed af Trust and shall n�t be affected by L�nd�r's acqui�ition of any in#erest
<br /> in the Pr�perty, whether by foreciosure or Qtherwise.
<br /> NuisanGe, HVaste. Trustor shalf no� cause, canduct or permit any nuisance nor c�mmit, permit, ar suffer any
<br /> stripping af or waste an ar ta the Property Qr any portian �f the Pr�perty. 1Nithaut limiting the generality af the
<br /> foregoing, Trustor will not remave, or grant to any ather party the right tv rem��e, any timber, minerals {including
<br /> oil and g�s}, cval, clay, scoria, s�il, grau�l ar ra�k products without Lender's prior written consen#.
<br /> Remvval�f Impro�ements. Trust�r$hall nat demalish ar remov�any lmpro�ement$fram the Real Praperty withaut
<br /> Lender's pri4r writt�n consent. As a conditian ta th� remo�al of any impra►►�m�nts, Lender may require Trustvr to
<br /> make a�rran�ements satisfactory ta Lerrder ta replace such Impr�vements wfth Improaements vf at least equal
<br /> �alue.
<br /> Lender's Right to Enter. Lender and Lender's agents and repre�entatiues ma� enter upon the R�al Property at all
<br /> r�as�nab�� time$ ta �ttend t� L�nd�r's interes�s and ta inspect the Rea� PrapertV for purposes of Trustar's
<br /> �ampliance with th�t�rms and�anditions af this Deed of Trust.
<br /> Compii�nce with Go��rnmsnt�l Requirements. Trustar shal� pramptly campiy with �I� laws, ordinan��s. and
<br /> �e�ulatians, naw or h�reafter i n effect. af all go�ernmental authorit�es applica��e to the use or accupar��y af the
<br /> Property, including without limitati�n, the Americans With Disabilities Act. Trustor may contest in goad faith an�
<br /> such law, ordinanc�, or reguiatian and withho�d cumpfiance duriny any praceeding, inciuding 2�ppropriate appeals,
<br /> s�Iong as Trustar has notified Lender in writing prior t�doing s�and sa lang as, in Lender's sale opinian� L�nder's
<br /> interests �n the Praperty ar� n�t jeopardized. L�nd�r may r�quire Trustar ta post adequate �e�urity ar a surety
<br /> bond, rea�onably sati$#�c�ary ta Lender, ta prote�t Ler�der's interest.
<br /> Duty t� Pratect. Trust�r agre�s neither t� abanc�an or iea�e un�ttended the Pr�perty. Trustor shall do all other
<br /> acts, in additior��o those acts set farth above in this secti�n, which from the chara�t�r and use of#h� Pr�perty are
<br /> reasonably necessary to protect and pres�r��the Property.
<br /> DUE�N SALE-CONSENT BY LENDEI�, Lender may, at L�nder's�pti4n, declare fmmediat�ly due an�f payable all sums
<br /> secured by this Deed of Trust up4n the sale or transfer, with�ut Lender's priQr written�onsent, of all or any part of the
<br /> Real Prop�rt�r, or�ny int�rest in th� Real Property. A "sale ar transfer" me�ns�the can�eyance ❑f Real Prap�rty or any
<br /> right, title ar interest in th� Real P�aperty; whether legal, beneficia! or equitable; whether �al�ntary or inUaluntary;
<br /> whet�er by outright sal�, d�ed, instal�m�rrt sale c�ntract, land cantract, c�ntract for d��d, leasehol� interest with a
<br /> t�rm great�r than three {3f years, lease-�ptiQn contr�ct, or ay sale, assignment, �r transfer of any aeneficial in#erest in
<br /> ar ta any land trust hvld+'ng title to the Real Pr�p�rty� or by any oth�r method of conv�y�nce af �n interes# in the f�eal
<br /> Pr�perty. If any Trustar is a carpo�atian, partnership or limited liabiiixy campany, transfer also includes any change in
<br /> ownership of more than twenty-five percent �2�°�a� a�the �oting stack, pa�tnership intecests or limited liability�ompany
<br /> inter�sts, as the case may be, of such Trustor. Hvwe�er, th�s optian shall not be exercised by Lender Ef such exercise
<br /> is pr�hibited by fed��a! law�r by hlet�raska law.
<br /> TAxES AND LIENS. The follawing pro�Esions r�lating to the taxes and fien� on �h� Property are part vf this Deed af
<br /> Trust:
<br /> Payment. Trustor shall pay when due t�nd in all eaents priar to delinquency� all taxes, special taxes. essessrnents,
<br /> charges �including water and sewer�, fines and impasitions le�ied against ar or� acc4unt o#the Praperty. and shall
<br /> pay when due all �laims far work done an or far ser�ices render�d ar mate�ial furnish�d tv the �raperty. Trus#�r
<br /> shail maint�irr the Property free�f all liens ha�'rng pri�rity o�er ar equal to the inter�st af Lender under this Deed of
<br /> Trust, except far the lien of taxes and assessments not due and �x�ept as otherwise pro�ided in this De�d o�
<br /> Trust.
<br /> Right to Contest. Trust�r may ►nrithhold payment ai any tax, assessm�nt, or claim in cannection with a good faith
<br /> dispute o��r the �bligatian ta pay, s� Ion�as Lender's interest in the Praperty is not jeapard+zed. I f � lien arises or
<br /> is �iled as � result of nonpayment, Trustor �hall within fifteen �15y days aiter the lien arises or, if a iien is fiied.
<br /> within fift�sn {�5} days after Trustar i�a� rrotice of the fi�ing, secure the dis�harge of the lien, ar if requested ay
<br /> Lender, d�posit with Lender cash ar a sufficient corp�rate surety bond or vther se�urity satisfactory ta Lender in an
<br /> am�unt sufficient to discharg� the �ien pIU� �ny c�sts and attorneys' �ees, �r o#her�harges that cauici accru� as a
<br /> resu�t of a��recla�ure o�sale und�r the lien. �n any con#��t, Trustor shall defend itself and L�nder and sha�l satisfy
<br /> any advers�judgmer�t hefore�nforcem�nt against the Pr�perty. Trustor shall name Lend�r as an additianal obii�ee
<br /> under any surety k�ond furnish�d in the cvntest proceedings.
<br /> E�ridence �f P�yment. Trustor shall upon demand furr�ish to Lend�r satisfactary e�i�en�e of payment of the taxes
<br /> �r assessments and shall autharize the apprapr�ate go�ernmental afficiat to d�li�er ta L�nder at an� time a writt�n
<br /> statement of the tax�s arr� assessments against the Praperty.
<br /> Noti�e of Construction. Trustor shail notify Lend�r at leas� fif#��n {15} days before any work is cammenced. any
<br /> ��rvices are #urnish�d, vr any materiats are �upplied to #he Pr�perty� if any m�chanic's lien, ma��ria�mer�'s lien� �r
<br /> other li�n cauld be assert�d on account of the v►rork, services, ar materials. Trust�r will up�n request �f Lend�r
<br /> furnish to Lsrrder aduan�� assurances satisfa�tory to Lender that Trustor can �nd will pay thQ cast of such
<br /> impr��ements.
<br /> PR�RERTY DAM�4GE INSURANCE. The following provisi�ns relating to insuring the Prop�rty are a pert of this D�ed o�
<br /> Trust.
<br /> Nlaintenance �'f insuranCe. Tru�tor shalf pracure and maintain policies of tire insur�r�ce with standard ex#ended
<br /> coverage endors�ment$ on � rep�a�ement basis far the fuil ins�rable �alue cove�ing a�! I mpra�sments an the Real
<br /> Property in an amount sufficien# to a�oid ap�lication of any coinsurance �iaus�, and with a stand�rti mortga�gee
<br /> clause in favar of Len�er. Trust�f shall also prvcurs and maintain campreh�nsi�e�eneral lisbility insurance in such
<br /> ca�erage amaunts as Lender may reque�t with Trustee and Lender b�ing named as additional insureds in such
<br /> liability insurance �aaiiGies. Addi#ianalfy, Trustor shall maintain such other insurance, in�luding but not limited to
<br /> hazardr ausines� interrupti�n, and la�iler insurance, as Lender may reasonably requir�. Policies shslf be written in
<br /> form, amounts, co�erages and basis reasona�iy acc�ptable ta Lender and issued by a campany or ��mpani�s
<br /> �reasvnably acceptabl� ta L�nder. TruSto�', up�n request of Lend�r, wil! de�iver to Lender from time t� time t�re
<br /> policies or certificat$s o� insurance in form satisfactory to Lender. inclu�ing stipu�atiQns #hat caverags� will not be
<br /> cancell�d or�iminished without a#I�ast thirty �30) days prior ��itten notice to Lender. Each insur�nce policy also
<br /> shalf includ� an�ndorsement pr��iding that cQW�ra�e in fa�or of Lender will no�be impaired in any way by any act�
<br /> omissian Qr default of Trustor or any other person. Shoul� the Rsa1 Property be lacated in an sraa design�ted by
<br /> the Administrator o�the Federal Eme�gency Allanagem�nt Ag�ncy as a specia! fload k�azard are�, Trustor agress ta
<br /> obtain and maintain Fed�ral Flood In�urance, �f a�ailable, for the full unpaid principal �alance o# the I�an an� any
<br /> prior lien� an the proper#y s�Gurin� the IQan, up to the maximum policy limits set und�r the Nationa# Flaod
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