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2� 1 ��283�
<br /> DEED �F TRUST
<br /> �Contitlued} page �
<br /> �2� Trustor has no knaw�edge vf, or reasdn to belieUe tha#there�ras been, ex�ept as prev�vusly disclosed to and
<br /> acknvwiedged by Lender in writing, �a} any breach vr ��o�at�vn vf any En�ironmental Laws, �b} any use,
<br /> generation, manufacturer 5��1"d�G, treatment, dispasal, release vr threatened release af any Hazardous Subs#ance
<br /> an, under, about or from #he Prvperty by any prior owners or ❑c�upan#s of the Prvperty, or �c} any actuai or
<br /> threatened litigation ❑r c�aims of any kind by any persan relating tv such mat�ers; and (3} Except as pre�ivusly
<br /> disc�ased tv and acknvwledged by Lender in writing, �a} neither Trustvr nvr any tenant,cont�actor,agent vr nther
<br /> authvrized user of the Prvp�rky shall use,generate, manufacture,store,treat, dispvse af vr release any Hazardous
<br /> Substance an, un�er, about ar�Fram#he Prv��rt�;and (�a� any such activity shall be conducted in cvmpliance with
<br /> al� applicable federal, sta#e, and Ivca� laws, regulations and ❑rdinances, including without 1Emitation al!
<br /> Environmental Laws. Trustar authorizes Lend�r and its agents to enter upvn the Property ta make such
<br /> inspections and t�sts, at Trustor`s expense, as Lender may deem appropria#e tv determine �ompfiance vf the
<br /> Property with this section o�the Deed of Trust. Any inspections or tests made by Lender shafl he for Lender's
<br /> purposes only and shaif not be construed to creat�any respans�bi�ity or�ia#�il�ty an the part o�F�.ender#�Trus#�r or
<br /> to any�ther person. The representativns and warranties cantained herein are hased on Trustor's due diligence in
<br /> inves#�ga#ing #h� Pr�perty fQr Hazardous 5ubstar��es. Trustor here�y �1} releases and wai�es any future claims
<br /> aga�nst Lender for indemnity or cvntribution in the e�ent Trustor becvmes liable for�leanup or oth�r casts under
<br /> any such Eaws;and �2} agrees ta indemni#y,defend, and hold harmiess Lender against any and all claims, iosses,
<br /> liabi�ities,damages,penalties,and expenses which Lender may dir�ctiy❑r indirectly sustain vr suffer resulting from
<br /> a breach of thi� se�tion vf the Deed v�Trust or as a cansequen�e�#any uss, generatian, manufa�ture, storags,
<br /> �isposai,re�eas�or threa#ened�-elease accurrin�prior#a Trus#or's c�wnersh�p�r�ntere5#in�he Property,whether vr
<br /> nvt the same was ar shvujd have been knvwn tv Trustor. The pro�ssions of this section vf the Deed Qf Trus#,
<br /> including��e oblagation tv indemnify and defend,shall sur�i�e the payment of the lndebtedness and the satisfaction
<br /> and reconveyance af the iien of this Deed o�Trust and shaii not be afFected by Lender's a�quisi#ion of any interest
<br /> in the Property,whether by fareclosure vr vtherwise.
<br /> Nuisance, Vllaste. Trustor shall not cause, conduct ar permit any nuisance nvr comm+t, permit, or suffer any
<br /> stripping of or waste on or tv the Property or any portivn vf#he Prvperty. W�thout limiting the generality of the
<br /> foreg�ing, Trustor will not remove, or grant to any vther par�y the right to rema�e, any timber, minerals�incfuding
<br /> ai�and gas},�oal,c1ay,scaria,soif,gra�el or rvck products without Lender's privr wr�tten cans�nt.
<br /> Remo�a!�f lmpro►►ements. Trustar shall not demvlish or r�m��e any Empro�ements from the Real Prvperty withou�
<br /> Lender's prior written cvnsent. As a cvndition tv the r�ma�al vf any Imprv�ements,Lender may require Trus#vr tv
<br /> make arrangements satisfactory to Lender to repiace such impro�ements wEth fmpra�ements ❑f at �east eqUa�
<br /> �alue.
<br /> Lender"s Righ#to Entex. Lender and Lender's agents and repr�sentatives may enter upon the Rea� Prvperty at a��
<br /> reasonable times ta attehd to Lender's interests and to inspect the Real Prop�rty fr�r purposes of Trustvr's
<br /> comp�iance with#he terms and conditivrts vf this Deed❑�F T�-us�.
<br /> �ampliance with Go�ernmental Requirements. Trustvr shall �romptly �vmply with ai1 1aws, ordinan�es, �nd
<br /> regulativns, now ❑r hereat�er in effect, of al� govemmentat autharities applicable tv �he use or�vccupar�c�o�#h�
<br /> Praperky. Trustvr may contest in goad faith any such law,❑rdinance,or regulativn and withhvld compliance during
<br /> any proceeaing, �nc�uding ap�arQpriate appeals, sv lvng as Trustvr has no#�f�d Lender in writing priv�t❑ dv�ng sv
<br /> and so long as, in Lender's svle opinion, Lender's interests in the Property are nvt jeopardized. Lender may require
<br /> Trustor to post adequat�security or a surety bvnd,r�asanably satisfactory to Lender,to protect L�nder's interest.
<br /> Duty to Protect. Trustor agrees neither to abandon ar lea�e unattended the Property. Trusfivr shall do al1 other
<br /> acts, in addition to those a�ts set forth above in this sec#ion,which from the character and use of the Prvperty are
<br /> reasonably necessary to pratect and preserve the Property.
<br /> QUE DN SALE-CQAISENT 8Y LENQEIR. Lender may,at Lender's a�tian,declare immediately due and payable ali sums
<br /> secured by this ❑eed vf Trust upon the sale�r transfer,with�ut Lender's prior written consent,of all or any part a�the
<br /> Real Property, vr any interest in ths Real F'roperty. A"sale ar tr�nsfer" means th�conveyancs of Real Prapsrty or any
<br /> rfght, title or inter�st in the Real Prvperky; whether fegal, beneficiaf or equi#�ble; whether �oiuntary ❑r in�oiuntary;
<br /> whether by flutright sale, deed, ins#allmen# sale contract, land �ontr�ct, cQntract f�r deed, leasehvfd interest with a
<br /> term greater than three�3j years, �ease�vptivn contract, ar by sale, assignrr��nt, ar#rans�er of an�beneficial in#erest an
<br /> or to any land trust holding t+tle t�the Rea1 Property, or by any other method of cvn�eyan�e v�an interest in the Real
<br /> P�operty. Howevsr, this optian sha�l not he exercised by Lender if such exercise is prohibited by federal law ❑r by
<br /> Nebraska iaw.
<br /> TAXES AND �IENS, T�e ta�lvv�ing prQ��sivns relating to the taxes and liens ❑n the Proper�J� are part of this Deed af
<br /> Trus#:
<br /> Payment. Tr�rstor sha�t pay wh�n due�and in a��e�snts priar to delinquenc�}a��taxes,specia!taxes,assessmehts,
<br /> charg�s �including water and sewer},fines and impositians 1e�ied aga�nst or on account of the Property, and shall
<br /> pay wh�n due af1 claims far wvrk dvne an ❑r for servi�es r�ndered vr material fumished tv the Praperty. Trustar
<br /> shall maihtain the Prvperty free v�all liens having privrity o��r or equal to#he interest of Lender under this Deed of
<br /> Tru�t, except fvr the lien ❑f taxes �nd assessments nv# due, excep# far the Existing lndebtedness referred to
<br /> be�vw,ar�d except as otherwise pro�ided in this Deed af Trust.
<br /> Right to Contest. Trustvr may withhofd payment of any tax, assessment, or cla�m in cnnnection with a gvvd faith
<br /> dispute over the obligation to pay, so Iong as Lender's interest in the Prvperty is not jeopardized. If a lien arises or
<br /> is filed as a result of nonpayment, Trustvr shall within fifteen {15} days after the lien arises or, if a lien �s filed,
<br /> within frfteen ���� days aftet-Trust�t�has hotioe of#he f Ifng, secure the dise�arge at the lien, or if requested by
<br /> Lender,dep�sit with Lender cash ar a sufficient co�pvrate surety bond or vther se�urity satisfactory to Lender in an
<br /> amaunt sufficisnt tv discharge the lien plus any cnsts and attorneys'fees, or vther charges that could accrue as a
<br /> resuit vf a fareclasure vr sale under the 1ien. In any cantest,Trustvr shalt de�end itself and Lender and sha�l satisfy
<br /> any ad�erse judgment before enfarcemen#against#he Property. ?'rustor shall name Lender as an additional obligee
<br /> under any surety bond furnished in the��ntest prviceedings.
<br /> E�idence of Paymenf. Trustor shall upon demand furnish #v Lender satisfactory evidenGe of payment of the taxes
<br /> or�ssessments and shal� authorize the appropriate govsrnmental official tv deli�er tv Lender at any time a wrt#fen
<br /> statemer�t o#the taxes and assessments against the Property.
<br /> Notice af Construc�ivn. Trustor shal! nvtify Lender at ieast fifteen �15} days befare any work is�ommenced, any
<br /> services are furnished, vr any materials ar�supplied to the Property, if any mechanic's lien, materialmen's iien, ar
<br /> �ther�ien could be �sserted on accvunt vf the wark, ser�ices, or materials. Trustar w�ff upan r�ques#of Lender
<br /> furnEsh to Lender ad�ance assurances satisfactvry #o Lender that Trustor can and wi11 pay the cost of such
<br /> impraverr�er�ts.
<br /> PROPERTY�AIVIAGE �NSURANCE. The fvliowing pro�isions relating�o insuring the Praperty are a part of this I]eed o�
<br /> Trus#.
<br /> IVlaintenance af lnsurance. Trustor shali pro�ure and maintain policies of fire insurance with standard extended
<br /> co�erage endorsements ❑n a fa�r va�ue b�sis fvr the full insurab�e vatue covering a�� �m�ravements vn �he Real
<br /> Property in an amvun# sufficient to a�oid application vf any cvinsurance ciause, and with a standard mortgagee
<br /> c�ause in faaor vf Let�der,tQg�ther wi#h��ch other hazard and lial�ility�nsurance as Lender may reasonably require.
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