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2� 1 ��2831
<br /> DEEi3 �F TRUST
<br /> Loan No: '1���954�7 {C�ntinu�d� Page 3
<br /> b�nd, reas�nably satisfactory�o Lender, t❑ protect Lender's interest.
<br /> Duty tn Prv�ec�. Trustor agrees neifiher to aband�n or �ea�e unattended the Property. Trus�or shall d❑ all other
<br /> aC�Sr in addi�ion to those ac�s se�t farth ab��e in�his sect�on, v►rhich�rnm the �haracter and us�of the Praper�y are
<br /> reasonak�Iy necessary t❑ pro�ect and preser�e the Prope�ty.
<br /> DUE �N SALE�C�NSENT BY LENDER. Lender may, at Lender's ❑p�ion, declare immediately due and payab�e aE� sums
<br /> secured by�his ❑eed o�F Trust upan the sale❑r transfer, wi�hout Lend�r's priar written consent, ❑fi afl ar any part❑f th�
<br /> Real Praperty, ❑r any interest in�he Rea[ Property. A "sale ❑r�ransfer" means the con�eyance af Real Praperty ❑r any
<br /> right, tit�e ar interest in the Rea� Prvperty; whe�her legal, beneficiai ❑r equitable; whe�her �oluntary ar invv[unfiary;
<br /> whether by outright sale, deed, installment sale cantrac�, land contract, cvntracfi for deed, leasehold interest with a
<br /> term grea�er�han th�-ee �3� years, lease--o�tion contract, ❑r by sale, assignment, or transfer of any bene�icial interest in
<br /> or to any land trust hvlding title tv the Rea! Property, or by any ather method o� con�eyance af an interest in the Real
<br /> Property. Howe�er, this vption shall no� be exercised by Lender l� SLiCr1 exer�ise is prohibited by federa� !aw or by
<br /> Nebraska law.
<br /> TAXES AND L�ENS. The follawing pro�isivns rela�tng �❑ the taxes and liens ❑n �he Property are part af this Deed o�F
<br /> Trus�:
<br /> Payment. Trus�or shall pay when due �and in all events prior to delinquencyy all taxes, special taxes, assessments,
<br /> charges �including water and sewer}, �ines and impositions le�ied against or an account of the Praperty, and shal�
<br /> pay when due all c�aims for work done �n c�r�or ser�ices rendered ar materia� �urnished to the Property. Trustor
<br /> shall main�ain the Praperty�ree ❑�f all liens ha�ing priorifiy o�er❑r equal�a�he in�eres�of Lender und�r this Deed of
<br /> Trus�, except �or th� iien o� fiaxes and assessments not du� and except as otherwise pro�id�d in fihis Deed vf
<br /> Trus�.
<br /> Right to Cvntest. Trustor may wifihhold payment of any tax, assessmen�, ❑r claim in connection wi�h a gvod fai�h
<br /> dispute o�er�he obligati�n to pay, s❑ �vng as Lender's interest in the Prvperty is nofi jevpardized. If a li�n arises ar
<br /> is filed as a result ❑� nonpayment, Trustor shaEl within fifteen ��5� days after the IEen arises vr, if a lien is filed,
<br /> wifihin �ifteen {�5} days after Trus�or has natice ot�he �i�ing, secure the discharge ❑�the lien, or ff requested by
<br /> Lender, deposi#wi�h Lender�ash❑r a sufficient c�rpvrate surety bond or other security sa�isfactory tv Lender Fn an
<br /> amount su�ffici�n�tv discharge the lien p�us any costs and a��vrneys' �Fees, vr vthe�-cha�-ges �hat cvuld accrue as a
<br /> result❑f a forecEosure or sale under the fien. !n any�vn�es�,Trustor sha�! defend i�self and Lender and shall satisfy
<br /> any ad�erse�udgment befivre en�Fvrcemen�agains�the Proper�y. Trustor sha[I name Lender as an addi�iona!�bligee
<br /> under any sure�y bond-�urnished in�he contest pr�ceedings.
<br /> Ev�dence o�Payment. Trustor shail upvn demand furnish ta Lender satisfactory e�idence of payment af the taxes
<br /> ❑r assessments and shall authorize �he apprvp�-iate go�ernmen�al official t� deE�ver t❑ Lender at any time a writ�en
<br /> statement of the�axes and assessmen�s against the Prvperty.
<br /> No�ice vf Cons�ruc�ion. Trustor shall nvtify Lend�r at Eeast fiifteen {'i 5� days be�ore any work is cammenced, any
<br /> ser�ices are �urnished, or any ma�erials are supplied t❑ the Prvperty� i�any mechanic's lien, mat�riafinen's lien, or
<br /> other lien c�uld be asserted on accoun� a€the work, ser�ices, or materials. Trustar will upvn request of Lender
<br /> furnish �o Lender ad�ance assurances satis�actary ta Lender tha�k Trustor can and will pay the cosfi vf such
<br /> impra�ements.
<br /> PR�PERTY DAMAGE INSURANCE. The�ollowing prv�isions rela�ing ta insuring�he Prvperty are a par�of this ❑eed of
<br /> Trus�.
<br /> Main�enance of Insurance. Trustor shaFE pracure and maintain poficies of fire insurance with standard extended
<br /> co�erage endo�semenfis an a fair �alue hasis �For the �uil insural��e �a�ue co�ering ail lmpra�ements on the Real
<br /> Property in an amaunt su�ficient to a�aid applica�ion of any cainsu�ance clause, and with a s�andard mortgagee
<br /> clause in fa��r o�Lender. T�usfivr sha!! afso p�-ocure and maintain comprehensi�e general liability insurance in su�h
<br /> coverage amaunts as Lender may request w�th Trustee and Lender heing named as additi�na! insureds in such
<br /> I�ability insurance pv�i�ies. Additi�naily, Trustor sha�1 ma�ntain such other insuran�e, in�iuding but not limited �a
<br /> hazard, business in�e�rruption, and boi�er insurance, as Lender may �-easonal�ly require. Palicies shall be wri��en in
<br /> farm, amounts, �a�erages and basis reasvnably acceptabie �o Lender and issued by a company ❑r companies
<br /> reasanably acceptalaie to Lender. Trustor, upan request ❑f Lender, will de[i�er �o Lender from time to time �he
<br /> pol�cies ❑r certi�fica�es o�f insuran�e in form satisfactory to Lender, including stipulatians that cv�e�ages will nvt be
<br /> cancefled ❑r diminished without a� least ten ���} days prior written notice t� Lender. Each insurance policy alsa
<br /> shaf� include an end�rsement pro�id�ng that co�erage in-�a�or o�Lender will nv�be impaired in any way by any act,
<br /> amission or defau�t o�Trus�vr ❑r any other person. 5hou�d �he Real Prnperky be �ocated in an area designa�ed by
<br /> fihe Adminis�rator❑�f the Federal Emergency Managemen�Agency as a special filvvd ha�ard area, Trus�ar agrees t�
<br /> obtain and maintain Federa� Flvvd �nsurance, i� a�ailahle, �vr �he full unpaid p�-incipal balance of the laan and any
<br /> prior �iens on the property securing the loan, up �❑ �he maximum pvlicy limits se� under �he Na�ivnal Flvod
<br /> lnsu�an�e Prvgram, or as ofiherwise requir�d �y Lender. and to main�ain such insurance�or the�erm vf the loan.
<br /> Applicativn o� Proceeds. Trus�or sha�I promp�ly nvtifiy Lender of any lvss or damage to the Property. Lender may
<br /> make proof v� loss �� Trustor fails to do s❑ w�thin fifteen {"�5} days ❑� the casualty. �l1lhe�her or not Lende�-'s
<br /> security is impaired, Lender may, at Lender's election, receive and retain the proceeds o�F any insuran�e and apply
<br /> the prviceeds to �he redu��ian ❑�the Indebtedness, paymen� of any lien affecting �he Property, �r�he res�ora�ion
<br /> and repair o-�the Prvper�y. �f Lender eRects to apply the praceeds to res�ora�ion and repair, Trus�or shall repair ar
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