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2� 1 ��313�
<br /> DEEC� �F TI�U�T
<br /> Loan Na: 'l D'1�958�� �Ca�ltinued} Page 3
<br /> Removal of lmprovernen�s. Trustar shall not demalish or rem�ve any Impro�ements�ram �the Real Pr�per�y withaut
<br /> Lender's priar writte.n cansent. As a condition �a the removal af any [mpra�ements, Lender may r��uire Trustor to
<br /> make arrangements satis#a�tary ta Lender �o replace such Improv�ments with �mpro�ements af at least equal
<br /> �a�ue.
<br /> Lender's Right t� Enter. Lender and Lender's agen�s and repr�sentatives may enter upfln the Real Prape��y at al�
<br /> reasanable t�mes to at��nd t� Lender's interests and �o inspe�t the Rea! Property for purposes of Trustor's
<br /> compliance v►rith the�erms and conditians of this Deed a�Trust.
<br /> Compliance rrvith G�ve�nmen�af Requirements. Trustor shall promp�ry comply with a!i iaws, ordinances, and
<br /> regu�a�ions, nvw or �ereafiter in e�fect, of al� go�ernmental authori�ies app{icab�� �a the use ar oG�upancy vf the
<br /> P�op�rty, including wi�hvut Eimitation, th� Americans VIlith C�isabi�ities Act. Trustor may cvntest in gaod faith any
<br /> such law, ordinan�e, or regufa�ion and withhold compliance during any proceedin�, inc[uding appropria�e appeals,
<br /> sa iong as Trus�or ha� n�tified Lender in writing prior to doing sa and sa long as, in Lender's sole�pinion, Lender's
<br /> interests in the Prap�rty ar� not �eopardi�ed. Lender may requir� Trustor to post adequate security �r a surety
<br /> bond, reasonab�y satis�ac��ry to Lend�r, ta prot�ct Lender's interest.
<br /> ❑uty to Pratect. Trustor agrees neither to abandon or leave unattended the Prap�rtye Trustor shalf do all vther
<br /> acts, En addition to thvse acts set for�h abo�e in this section, whi�h from the character and use af the Praperty are
<br /> reasanab[y necessary to pr��tect and preserW�the Property.
<br /> DUE�N SALE �CONSENT BY LEN�ER. Lender may. at Lender's vption, de��are immediately due and payable all sums
<br /> se�ure� by�this Deed v�T�ust upon �h� sale ar transf�r, without Lender's priar writt�n consent, ❑f all or any part of the
<br /> R�a! Property. or any interest in the Real Property. A "sale ar transfer" means the Ganveyance af R�a1 Property ar any
<br /> ri�hf, title or interest in �.�e R�a� Proper�y; whether legal, �eneficial ❑r equita�le; whether �oluntary or in�oluntary;
<br /> whether by ou�kright sale, deed, instaflmen� sale con�ract, �and contrac�, contract far deed, l�asehold in�erest with a
<br /> term greater�han thr�e ��} years, �ease-option contra�t, vr by sale, assignmen�, or transfer o� any benefi�ial interest in
<br /> ar to any land trust halding title to �he Reaf Property, or �y any ather method ❑f con�eyan�e o�an interest in the Real
<br /> Property. If any Trustor is a carporatian. partnership or limited liabifity campany, transfer aiso includes any chang� in
<br /> vwnsrship vf mor�than tr�venty--fi�e perGen� {�5°/oy ❑�the�o�ing stocic, partnership infierests or limited liabi�ity c�mpany
<br /> int�rests, as the cas� may be, o�such Trusfivr. However, �his optian sha11 nat be e�ercised by Lender if such exercise
<br /> is prvhibit�d by�ederai 1aw or by Nebraska law.
<br /> TA�ES AND LIENS. The fall�wing pro�isions rela�ing to �he taxes and liens on the Property are part �f this C�eed of
<br /> Trust:
<br /> Payment. Trustor shali pay when due �and in a�l �v�nts prior ta delinquen�y� afl taxes, special taxes, assessments,
<br /> charges �including wa�er and sewery, fines and imposi�ions le�ied againsfi or an account af the Prop�r�y, and shall
<br /> pay when due all claims far work done �n or�ar s�rvEces �endered ar material �furnished ta the Proper�y. Trustor
<br /> shafl maintain�th� Property�re� o�all liens ha�in� pri�rity��e�vr equal to the inte�est of Lender und�r this Deed ofi
<br /> Trust, except for the lien of taxes and assessments no� due and ex�ept as otherwise provi�ed in �this Deed Qf
<br /> Trust.
<br /> Righ#to Contes�. Trustvr may withhold payment�f any tax, assessment, vr claim in connection wi�h a good faith
<br /> dispute o�er the obliga�ion to pay, so bng as Lender's interest in the Property is no�jevpardiz�d. If a lien arises or
<br /> �s fi�ed as a result ofi nonpayment, Trustor shall within fifteen �15} days after the lien arises or, if a lien is ffled,
<br /> within fi#teen t�5} days af�er Trustor has notice o� �he filing, secure th� dis�harg� of the lien, ❑r if r��uested �y
<br /> Lender, dep�sit w�th Lender cash or a su#fi�ient carporate surety band vr o�her security satisfactory to Lend�r in an
<br /> amount su�r�i�ient to discharge�the lien pius any cas�s and attarneys' fees, o�-other�harges that could accrue as a
<br /> result of a farec�osure or sale under the lien. In any contest, Trustor shall defend itsel�and Lender and shall satisfy
<br /> any adverse judgment �e�are enfvrcement against the Praperty. Trus�ar shall name Lender as an addit�onal oh[ig�e
<br /> under any surety bond�urnished in�he con�est proce�cl�ngs.
<br /> Evidence of Paymen#. Trus�tor sha�1 upon demand furn�sh t❑ Lender satisfaCtory e�idence afi payment of fihe �axes
<br /> ar assessments and shaEl aufihorize th� appropriat� go��rnm�ntal o�f�icia[ �o deliWer�a Lend�r at any time a written
<br /> sta�em�nt ot the taxes an� ass�ssmenfs against the Property.
<br /> Notice o� Canstru�tion. Trustar shall notify L�nder at leas� fif�een {�5} days �efare any work is commenced, any
<br /> 5��'ViC�S are�urnished, ar any materials are supplied �a the Proper�yf i� any mechani�'s lien, materialmen's fien, or
<br /> o�her lien could be asserted �n acc�unt o�the work, services, �r materials. Trustar will upon request of Lender
<br /> furnish to Lender advance assurances sa�isfactory ta Lender �hafi Trustor can and wi�l pay the cost af such
<br /> impro��ments.
<br /> PR�PER7Y DAMAGE INSURA[VCE. The following p�ovisions r�lating �o insuring the P�operty are a part of�his L�eed af
<br /> Trus�.
<br /> Nlaintenan�e o# Insurance. Trustor shali procure and maintain polici�s of fir� insurance with standard �xtended
<br /> coWerage endorsemen�s an a fair �alue basis for the full insurable �alue coWering all Improv�ments on the R�aI
<br /> P�oper�ty in an amount su�ficien�t �o a�aid application o# any co�nsurance c[aus�, an�! with a s�andard mortgagee
<br /> clause in favor of Lender. Trustar shal� als❑ procure and ma�ntain camp�-ehensi�e general liability insurance in such
<br /> coWerage amaunts as Lender may re�uest with Trus�tee and L�nder being named as additional insureds in such
<br /> liabi[ity insurance polEcies. Addi�ionally, Trustor shall maintain such o�her insurance, including but nat (imi�ed �o
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