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2� 1 ��2991
<br /> DEED �F TRLIST
<br /> �Cflntlnued� Page �
<br /> au�hvrized user o�the Proper�y shall use, generate, manu�acture, store, treat, dispose of or release any Hazardaus
<br /> Substance ❑n, under, about or�rom the Praperty; and 4b� any such acti�ity shall be conduc�ed in c�mp�iance wi�h
<br /> all applicab�e federal, state, and local laws, regu�atians and ordinances, in�luding without limitation all
<br /> En�ironmental Laws. Trustor au�horizes Lender and its agents �o enter upon the Property to make such
<br /> inspections and tes�s, at Trustor's expense, as Lender may deem appropriate ta determine compliance of the
<br /> Property with this sec�ian of �the Deed o� Trust. Any inspections or t�5t5 made �y Lender sha[[ be for Lender's
<br /> purposes anly and shall nat be construed t❑ �reate any responsibility or liabili�y on�he part of Lender t❑ Trustor�r
<br /> to any other person. The representations and warranties contained herein are hased on Trustor's due diligence in
<br /> in�estigating the Praperty f�r Hazardous 5ubstances. Trustor hereby �1� releases and wai�es any future claims
<br /> against Lender �or indemnity or �antrihutian in the ��ent Trustor becames �iable for cleanup or other cos�ts under
<br /> any such �aws; and {2� agrees ta indemnify, defend, and hold harmless Lender against any and afl �laims, losses,
<br /> liabilities, damages, pena�t�es, and expenses which Lender may dire�tly or indirectly sustain or suffer resulting fr�m
<br /> a breach of this section o��h� Deed of Trust or as a consequence of any use, generat�on, manu�actur�, s�orage,
<br /> d�sposal, release or threatened release occurring prior�o Trus�or's ownership or interest in the Property, whether or
<br /> not the same was or sh�u�d ha�e �een known �o Trustvr. The pro�isions of this se�t�on of the Deed of Trust,
<br /> inc�uding the obligation ta indemni�y and de#end, shall sur�i�e�he paymen�of�he lnd�bt�dness and the satisfaction
<br /> and recon�eyanCe ❑f the lien o��his Deed ��Trust and shall no�be affec�ed by Lender's acquisit�on of any �nt�rest
<br /> in the Proper�y, whether by�orec�asure or otherwise.
<br /> Nuisance, Waste. Trusta�' sha�� not cause, �onduct or permit any nuisance nor comm�t, permit, or sufifer any
<br /> stripping af ar waste on or to the Prvper�y or any portian of �h� Property, VVithout limiting the generali�y of th�
<br /> foregoing, Trustor wi[� not r�mo�e, �r grant to any o�her par�y the right to rema�e, any t�mber, minerals �including
<br /> oil and gas�, coal, clay, scoria, soi�, gra�el or rock products wi�hau�Lender's prior written consent.
<br /> Remo�al o��mpro�ements. Trusto�shall not demolish ar remo�e any lmpro�ements from the Real Properfiy wi�hout
<br /> Lender's prior wri��en cons�nt. As a conditivn �o �he remo�al of any Impro�emen�s, Lender may require Trus�or to
<br /> make a�rangements sa�isfac�ory t� Lender �v r�p�ac� su�h impro�ements wi�h Impro�ements o� at least equal
<br /> �alue.
<br /> Lender's Righ#�a Enter. Lender and Lender's agents and repres�ntati�es may enter upon the Real Property at all
<br /> reasonable times to a�tend to Lender's in�erests and tQ inspect the Rea� Property for purpos�s o� Trustar's
<br /> camplian�e with the terms and conditions of�his Deed �f Trust.
<br /> Compiiance with Gv�ernmental Requirements. Trus�or shall pr�mptly compfy with all laws, ❑rdinances, and
<br /> regulations, now or herea�ter in effect, of all ga�ernmental authori�ies applicable ta �he use or occupancy o� the
<br /> Property, including withaut [imitati�n, the Americans V11ith Disabilities Act. Trust�r may contest in good faith any
<br /> such law, ordinance, ar regufation and withhold �ompliance during any proceeding, inciuding apprapriate appeals,
<br /> sv long as Trus�or has notified Lender in writ�ng prior to daing s❑ and s❑ Iang as, in Lender's so�e opin�on, Lender's
<br /> int�rests in the Prvper�y are not je�pard�zed. Lender may require Trustar t❑ post adequat� s�curity or a surety
<br /> bond, reasanably sa�isfac�ory to Lender, to protect Lender's interest.
<br /> Du�y tn Prote�#. Trustor agrees neither to abandon ❑r lea�e unatt�nded the Proper�y. Trustor sha�! do all other
<br /> acts, in add�tion�o �hase a��s se��vr�h aba�e in this section, which from�he character and use of the Property are
<br /> reasQnably nec�ssary t❑ pro�ect and preser�e�he Property,
<br /> DUE []N SALE- CDNSENT BY LENDER. Lender may, at Lender's option, de��ar� immediately due and payable al� sums
<br /> secured �y this Deed o�Trust upon the sale or transfer, wi�hou� Lender's prior written consen�, a#all or any part❑f�he
<br /> Real Praperty, or any inter�st in the Real Proper�y. A "sale ar transfer" means the con�eyance o� Real Praperty or any
<br /> right, �fiitle or in�eres� in the Real Property; whether iegal, benefi�ial or equi�able; whether �o�untary or in�vluntary;
<br /> whether by ou�righ� sale, d��d, insta��m�nt sa�e contra�t, land �antract, con�ract �or deed, leaseha�d in�eres� with a
<br /> term greate��han three �3y years, lease-option Contract, or by sale, assignmen�, ar transfer of any beneficial interest in
<br /> or to any Land firust holding �i�le to the F�ea� Praperty, o� by any �ther method af �on�eyance of an interest in �he Real
<br /> Property, I� any Trustor is a corporati�n, partnersh�p or I�mi�ed liability company, transfer also incfudes any change in
<br /> ownership vt mor�than twenty-fi�e percent ��5°/v� a��h� �oting stock, partnership interes�s or limit�d liahility company
<br /> interests, as the case may be, of su�h Trus�or. Howe�er, �this opt�on sha�I nat be exercised by Lender i�such exercise
<br /> is prahibited by federal �aw o�by Nebraska law.
<br /> TAXES AND LfENS. The f�I��wing pro�isions relating to the #axes and liens ❑n the Property are part of this Deed ��
<br /> Trust:
<br /> Paym�nt. Trustar shall pay when due �and in a�� ��ents pr�o�to delinquency� all taxes, special taxes, assessments,
<br /> charges �inc(uding water and sewer�, �ines and impositions le��ed against ❑r on account of the Prop�rty, and shall
<br /> pay when due a�� c�aims far wvrk done on or for ser�ices rendered or mate�ial furnished to the Property. Trustar
<br /> shall maintain the Prop��ty free of all liens ha�ing privrity o�er❑r equai t❑the interest of Lender under this D�ed o�
<br /> Trust, excep� far the �ien o� taxes and assessmen�s not due and except as �therwis� pro�ided in �his Deed o�
<br /> Trust.
<br /> Right to Contes�. TrustQr may �vi�hh�ld payment��any tax, assessment, ar claim in �onnection with a good fai�h
<br /> dispute o�er the ohiigativn to pay, so �ong as Lender's interest in the P�aperty is not jeapardized. If a lien a�is�s ar
<br /> is filed as a result o� nonpayment, Trustor shall within �ifteen �15� days a�ter the lien arises or, if a li�n is f��ed,
<br /> within fifteen �1�y days a�te� Trustor has nvtice of the filing, secure �he discharge ofi the lien, or if requested by
<br /> L�nder, deposi�with Lender cash flr a suf�ricient corporate sure�y bvnd or other security satisfactary�o Lend�r in an
<br /> amount su#ficien��o discharge the �ien p�us any �osts and attorneys' fees, �r v�h�r charges that could accrue as a
<br /> resu�t o�a foreclosure ar sale under the ��en. In any contest, Trustor shall defend i�self and Lend�r and shall sa�isfy
<br /> any ad�erse judgmen�before enf�rcement against the Property. Trustvr shall name �ender as an additional obligee
<br /> under any surety bond furnished in the c�nt�st proc�ed€ngs.
<br /> Evidenc� af Payment. Trus�or shall upon demand furnish to Lender satis�actory e�iden�e af payment o�the taxes
<br /> �r assessments and shall authorize the appropriate go�ernmentai a��icia� to d��i�er to Lender at any time a w�itten
<br /> sta�ement a�the taxes and assessments agains�the Prvper�y.
<br /> Notice a� Constru�tion. Trustor shall no�ify Lender a� least fifteen �15y days be�ore any work is cvmmenced, any
<br /> ser�i�es are furnished, or any materials are supplied to the Proper�y, if any mechanic's lien, mafierialmen's lien, or
<br /> ofiher lien could be asser�ed on account of the work, ser�ices, or materials. Trustor wil� upon reques� of Lende�
<br /> fu�nish ta Lender ad�ance assuran�es satis�actory to Lender �hat Trus�or can and wiif pay the cos� �f such
<br /> impro�ements.
<br /> PRDPERTY DAMAGE INSURANCE. The following pro�is�ons �e�ating to insuring the Praper�y are a part o�this Deed vf
<br /> Trust.
<br /> Maintenan�e af Insurance. Trustor sha[� prflcure and maintain policies of fir� insurance with standard extended
<br /> co�erage endorsements on a r�pfacement basis for �he full insurable �alue co�ering all ImpraWements on the Real
<br /> Prvperty in an amoun� sufficient ta a���d app��cat�on a� any �oinsurance clause, and with a standard mvrtgagee
<br /> clause in fa�or of Lender. Trustor shall afso procure and maintain comprehensi�e general liabiiity insurance in such
<br /> ca�erag� amounts as Lender may request with Trustee and Lender being named as additiana� �nsureds in such
<br /> liabifity �nsurance policies. Additianaliy, Trustor sha�� maintain such other insurance, including but not limited t�
<br /> hazard, business interruption, and boiler insurance, as Lender may reasonably require. Polici�s sha(� be written in
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