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2� 1 ��3�55
<br /> vEEv oF T�usT
<br /> Loan Na: 87����5�4 �Cor7t��lu�d} Pag� 2
<br /> cantrol af the Property; ��� use, aperate or manage the Property; and [3� cailec�the Rents from the Property,
<br /> auty ta �Ilaintain. Trust�r shall ma�ntain the Property in �avd condi�ian and prom��iy perf�rm alf r�pairs,
<br /> repla�ements, and maint�nanc� ne�es�ary�o preserve its �alue.
<br /> Cam�iiance With Environr�ental Laws. Trustar repr�sents an� warrants to Lender�hat: {'I} ❑uring the periad �f
<br /> Trustor's ownership of th� Praperty, there has been nQ use, genera�ion, manufacture, stvrag�, treatment, disp�sal,
<br /> release or threatened release ❑f any Hazard�us Substance by any persvn an, under, ahaut ❑r �ram �he Prtipe�ty;
<br /> ��} Trustor has no knowled�e vf, �r �easan to believ� that ther� has been, except as preWiQus�y disclosed t� and
<br /> ackn�w�edged by Lender in wri�in�, �a} any lareach �r wivlat�on of any En�ironmental Laws, �b� any use,
<br /> generatiar�, manufactur�, 5�Df8�Er treatment, disp�sa�, �e�ease or �hreatened re��as� af any Hazardaus Subs�ance
<br /> �n, under, a�aut or frorn �h� Praperty by any priar �wners vr occupants af the Property, or �c� any actual or
<br /> threat�ned �itiga�ion or c[aims of any kind by any person rela�ing �o such matters; and f3y Except as previousfy
<br /> discl�sed to and acl�now�edged by Lender in wri��n�, 4a} neither Trustar nar any t�nant, cvntracfor, agent ar�ther
<br /> authar��ed user of the Property shall use, generate, manufacture, st�re, trea�, dispose �f�r re�ease any Ha�ardous
<br /> SubstanGe on. under, ab�ut c�r fr�m the Pr�perty; and {b} any such acti�ity shall be can�u�ted in G�rnpliance w�th
<br /> all appli�able �edera�r Sta��r and lv�al faws, r�gu�ativns and ordinancesr in�lud�ng wi�hvut limitation all
<br /> EnUironmental Laws. Tfustor au�ha�izes Lender and its �gents tv enter upon the Praperty tv make such
<br /> inspectians and �ests, a� Trustor's e�cp�ns�, as Lender may �eem a�prapria�� ta determine c�mplian�e ofr the
<br /> F'raperty wi�th this se�tian ❑f �he D�ed of Trust. Any inspections or tests rr�ad� by Lend�r sha�l be fa� Lender's
<br /> purp�ses only and sha[1 nat �e construed to Greate any r�sp�nsibility ar I�abi�ity on the part a� Lender ta Trustar ar
<br /> t� any ath�r person. The representations and warran#ies cantained herein are based on TrustQr's du� �iligenc� in
<br /> � in�estigating the Property ��r Ha�ardous Substan�es. Trustor here�y [�} releases and waRves any future claims
<br /> against Lender �or indemnity or con�ributian in �the event Trustor b�cam�s liab�e f�r c}eanup ar ather �asts und�r
<br /> any such laws; and {�} agrees to ind�mnify, defend, and hald harmless Lender against any and aIl �laims, [osses,
<br /> �18�]lII�EBSr damages, pena[ties, and expenses which Lender may dir�ctly�r indirectly sustain vr su�fer r�sulting-Fr�rn
<br /> a brea�h af�his sec�ian D��h� ���Cf ❑fi Trust �r a5 a �onsequence �# any use, genera�i�n, manufaGture, 5�01'a��,
<br /> dispasal, release or threatened �eleas��ccurr�ng p�ior�o Trustor's �wnership or interes�in the Praperty, whether or
<br /> nat the same was ar �hauld ha�e been known t� Trustar. The pr�Wisivns a# �his section ❑� the C3eed �f Trust,
<br /> inc�uding th�abfigati�n tv indemni�y and defend, shal�survive-the pa}�ment o��he lndeb�edness and the safis�a�tion
<br /> and re�con�eyance of th� �Een a�this Desd of Trust and shal� na� �� a���cted by Lend�r's acquisi�ian�f any interest
<br /> in the Property, whether by fareclosure ar atherwise.
<br /> Nuisance, Waste. Trust�r sha�� no� cause, Gonduct ar permit any nuisance nar cornmi�, perm�t, ar suff�r any
<br /> s�tripping o� or waste vn ❑r t� the Pr�perty or any p�rti�n ❑f the Property. 111lithout limiting the genera�ity vf �he
<br /> �areg�ing, Trust�r vtirill n�� rema�e, or granfi to any other �arty the right t� remove, any timbe�, mineral$ �including
<br /> oii �and gasy, cval� clay, scoria, sflil, gra�el ❑r r�c�C pr�duGts withaut Lender's pr�ar written�cvnsen�.
<br /> Remava� ❑��mpra��ments. Trustar shall nat�lemalish❑r remo�e �ny lmpra�ements frorn the Reai Praperty withaut
<br /> Len�er's prior written �ansent. As a c�ndi�ian t�#h� remoWal �f any lmpravem�n�ts, Lender may require T�ustar t�
<br /> make arrangements satisfact�ry to Lender t� replace such �mpro�emenfis wi�h �rnprovemen�s af af �east equa�
<br /> ��Eue,
<br /> Lender's Righ#to En�ter. Lender an� Lender's agents and represen�atives may en�er upan the Reaf Proper�y at al�
<br /> reasonahle times ta attend ta Lender's in��rests and ta ins�eGt th� Real Property far purpases af Trus�ar's
<br /> �flmpiiance Vvi�h the��rms and conditions of this deed of Trust.
<br /> CompjianGa with Cavernmen#al Requirements, Trustflr shalE prom�tly camply with a[1 �aws, ❑rdinances, and
<br /> regulat3ons, naw ar heteaft�r fn e�fect, of all �aWernmental authorities app�icahl� ta th� u�e or accupancy vf the
<br /> Proper�y, Trust�r may�ontest in gat�d faith any suGh faw, ardinan��, ar regulati�n and withhold campliance during
<br /> any proceeding, including apprapriate aRpeals, sa Iong as Trustor has notified Lender in wr€ting prior ta daing s�
<br /> and sa iong as, in Lender's sole oRinion, Lender's interests in�he Prvperty are nafi jeapardi�ed. L�nder may requir�
<br /> Trustor t� post adequat� security�r a sure�ty hond, reasonably�atisfactory ta Lender, to prate�t Len�er's interest.
<br /> Dut� tQ Pr�te�t. Trus��r agrees neith�r t� aband�n ar �ea�e unattended the Prvperty, Trustar sha�i do a1( ather
<br /> a�ts, �n ad�fition to those ac�s set forth above ir� �this sect�on, inrhich from the character and use af�he Prc�per�y are
<br /> reasonab[y n�cessary ta pr��ect and preserve the Property.
<br /> DUE �hl SALE -C�NSENT BY LEIVDERa L�nder may, af Lender's ❑ption, d�clare immediately �ue and �ayabie all surn�
<br /> secured by this Deed af T�ust upan the sale or transfer, withvut Lender's prior written cansent, af a�l or any part of Yhe
<br /> �eal Property, �r any interest in the Rea[ Pr��erty. A "sale �r �transfer" means the �an�eyance af Real Property c�r any
<br /> right, title or interest in the Real Pro�erty; vtirheth�r lega�, benefi�ial or equitab[e� vvhether Woluntary or in�oluntary;
<br /> �rvhe�her by �utright saie, dee�, installment sa�� �ontract, land contrac�, c�ntra�t fvr deed, leaseh�f� interest with a
<br /> term great�r than three �3� years, l�a�e-��ti�n contract, ar by sale, assignment, or transfer of any beneficial interest in
<br /> ❑r t❑ �n� land trust haiding �itl� ta th� Rea! Property, or by any �ther methr�d a� conveyance a� an interes� in the �eal
<br /> Pr�perty. Howe�rer, this aptian sha11 n�t �e exercised by L�nder �f �uch exercise is prohibited �y #ederal law ar by
<br /> Nebraska iawo
<br /> TAXES �4N❑ L�ENS. The f�llflwing pra�isions relating �a the taxes and liens an the Pr�perty are pa�t �� �hi� ❑eed n�
<br /> Trust:
<br /> Payment. Trustor shall pay when due {and in al� e�ents pri�r to d�linquency� al��axes, sp�cia[taxes, assessments,
<br /> charg�s �inc�uding water and sewer}r fines and impos�ti�ns �e�ied against ❑r on accoun� of the Prop�rty, and shall
<br /> pay when due all claims far work dane �n ar for ser�ices rendered or material furnished �❑ th� Property. Trustvr
<br /> shall maintain th� �raper�y free of a!I �iens having priari�y oWer or equaf tv the interest o�L�nder under this Deed of
<br /> Trus�, except #�r the lisn af �axes and ass�ssm�nts n�t due, except for the Exist�n� �rrdebtedness referred to
<br /> below, and exce�t as atherwise pr�vided in this Dsed of Trust,
<br /> Right t� Gantest. T�ustor may wit�hold payment�f any tax, assessment, ❑r �1aim in cannectian with a gaad faith
<br /> d�spute vve�the abli�atEvn to pay, s❑ long as Len�er's interest in the Praperty is nQt ae�pardized. lf a lien arises ar
<br /> �s filed as a result af nonpaym�n�, Trustor shal� within fifteen ���} days after the �ien arises or, i� a lier� is filed,
<br /> r�vithin fifteen t'�5} days a�ter Trustor has no'�ic� a� the filing, se�ure the discharge �f�the li�n, ar E� requ��t�� by
<br /> Lender, depasit with Len�er cash or a su��i�i�nt corporate surefy b�nd ar othe�security sa�isf�ctory to Lender in an
<br /> � am�un�su�ficient tc� discharge the lien plus any c�sts and attarneys' ���s, or other charges that�ould accrue as a
<br /> resul�af a fa�ecl�sure or sa�e under the li�n, ln any contest, Trus��r shall defend itse�f and Lender and shali sa�is�y
<br /> any ad�erse judgment befare�nfor��ment against th� Praperty. T�ustar shal� name Lender as an additianal ob�i�ee
<br /> under any surety band�urnisf�ed in tf�e conte$t pr��eedings,
<br /> E�iden�� of Payment. Trustar�hall upan demand furnish t❑ L�nd��satisfactory eviden�e �f payment o#the taxes
<br /> or assessments and shal� authvr�z� �he appropriate g�r�e�nmental offi�ial t� deliWer�a Lender a� any tirn� a written
<br /> statemen�af th�taxes and assessmen�� against the Property.
<br /> 111a�ice a� �vnstructson. T�ustor sha�k noti�y Lender a� least fifteen ��5} days be�are any work is comrnenced, any
<br /> serviCes are furn�sh�dr �r any mat�rials are supplied ta �he Prvper�yp i� any mechani�'S iien, mat�ria�men's lien, ar
<br /> oth�r Ei�n cvu�d be asserted on acc�un� Q�th� wark� serWi�es, or materials. Trustor will upon request a� Lender
<br /> furnish t� Lender ad�ranc� assurances satisfactory �to Lend�r that Trust�r can anc� rn,il� pay th� cast af su�h
<br /> impro�em�nts.
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