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2� 1 ��4�98
<br /> DEED C7F TFiUST
<br /> {�ontinued� Page �
<br /> disGlosed to and acknawledged by Lender in writing, �a� neither Trustor nflr any tenant, contrac�or, agen�or❑ther
<br /> authori�ed user o�the Property shall use, generate, manufacture, store, treat, dispose o�r or release any Ha�ardous
<br /> 5ubs�ance on, unde�, at�vut or from the Property; and �b� any such acti�i�y shal� be conducted in compliance with
<br /> all applicable fed�rai, state, and �acal laws, regulations and o�d�nances, including withou� limitation a��
<br /> En�iranmenta[ Laws. Trus�ar au�horizes Lender and its agents to �nter upon the Proper�y to make such
<br /> inspec�ions and �ests, at Trustor`s expens�, as Lender may deem apprapriate �o determine �ampliance o� the
<br /> Property with �his se�tion of the Deed flf Trust. Any inspections o� tests made by Lender shall he #�r L�nder's
<br /> purposes on�y and shall not be �anstrued to �reate any responsib�l�ty or �iabii�ty on the part ❑f Lender to Trusto� or
<br /> to any other person. The represen�ations and warranties contained herein are based on Trustor's due difig�nce in
<br /> in�es�igating �he Property �or Hazardous Substances. Trustar hereby �13 re�eases and wai�es any future c�aims
<br /> against Lend�r for indemni�y ar contribution in the e�ent Trustor b�com�s liahle far cleanup or oth�r �asts under
<br /> any such laws; and 4�f agrees tv indemnify, de�end, and ho�d harm��ss Lend�r against any and all claims, losses,
<br /> �iabilities, damages, penalti�s, and expenses which Lender may d�rec�ly or indirecfily sus�ain or suffer resu�ting firom
<br /> a breach ❑f this se��ion ❑f the D��d D� TCUSt �f �5 a consequence of �ny use, generation, manu�a�tur�, starage,
<br /> disposal, release or�hreatened release occu�r�ng priar to Trustor's ❑wnership ar interest in the Property, whether or
<br /> not the same was or shauld ha�e �een known to Trustor. The pro�isions of �his sectian o� the Deed vf Trus�,
<br /> inc�ud�ng the obligation ta indemn€�y and defend, shall sur�i�e the payment of�he �ndeb�edness and the satisfac�ion
<br /> and recon�eyance of th� lien o�this Deed of Trust and shall no� I�e affec�ed hy Lender's acquisition ❑f any in�erest
<br /> in the Property, whether by�ore�losu�e flr otherwise.
<br /> Nuisance, Waste. Trustor shal! not cause, conduct or permit any nuisance nor cammit, perm�t, or sufifer any
<br /> stripp�ng of or waste on or t❑ the Pr�perty or any portian of the Property. Wi�hou# limiting the gen��ality of the
<br /> faregoing, Trus�or will nat remo��, or g�ant�o any vther party the right to remo�e, any timber, min�ra�s �including
<br /> oi� and gas�, cval, �lay, s�vria, soil, gra�e�or rock products without Lender's prior writ�en c�ns�nt.
<br /> Remo�al vf Improvements, Trustor sha�� not demolish or remo�e any Impra�emen#s from the Real Prop��ty wifihou�
<br /> Lender's prior wri��en cons�nt. As a candition to�he remv�al of any Impro�ements, Lender may requ��e T�ustor to
<br /> make a�rangemen�s satisfiactory t❑ Lender �a rep�ace such Impro�ements with Impro�ements o� at least equal
<br /> �alue.
<br /> Lend�r's Righ#to Enter. Lender and Lend�r's agents and rep�esentati�es may �nter upon the Real Property at all
<br /> reasonabfe times to attend �o Lender's interests and to inspe�t the Rea� Property far purposes �f Trustor's
<br /> camplian�� with the terms and conditi�ns�f this aeed of Trust.
<br /> �vmpliance with Governmental Requirements. Trus��r shall promptly campfy w�th al� laws, ordinances, and
<br /> re�ula�ions, now or herea�ter in effect, of all �o�ernmen�al au�harities appli�abfe t� the us� ar ❑ccupancy af the
<br /> Property, including without �imitation, the Americans With Disabilities Ac�. Trustor may cantest in gvod fai'th any
<br /> such law, ordinance, or reguiat€on and withhold compliance during any proceeding, including appropriate appeals,
<br /> so [ong as Trustar has n�tifi�d L�nd�r in writing prior t❑doing so and so long as, in Lender's sole opin�on, Lender's
<br /> interests in the Property are nat jeopardi�ed. Lender may require Trustvr tv past adequate security or a surety
<br /> bvnd, r�asonably satisfac�ory to L�nder, ta pratect Lender's in�terest.
<br /> Du�y to Protect. Trustvr agrees nei�h�r to abandan or lea�e unattended the Praperty. Trus�or shall do ai� other
<br /> ac�s, in addit�on �o those ac�s set�or�h abo�e in this sect�on, which from the �haracter and use ❑f the Praperty are
<br /> reasanably ne�essary to pra�ec�and preser��the Property.
<br /> DUE �N SALE- C�IVSENT BY LENDER. Lender may, at L�nder's option, dec�ar� immediately due and payable all sums
<br /> s�cured by this ❑eed o�T�ust upon the sale or transfer, withvu� Lender's priar wri�ten consent, o�all or any �aart af the
<br /> Rea� Property, pr�ny int�rest �n the Real Praperty. A "sale or�ransfer" means �he con�eyance a� Rea� Proper�y or any
<br /> righ�, �itle or �n�eres� in the Rea� Property; whether iegal, beneficial or equi�able; wheth�r �oluntary �r in�vluntary;
<br /> whether by outright sale, deed, insta��ment sa)e contract, iand con�ra�t, con�rac� �or deed, leasehofd interes� wi�h a
<br /> term greater than three �3y y�ars, leas�-option contract, or by sale, assignment, or transfer of any b�n��icial interes� in
<br /> or t� any �and trust holding �itle ta the Rea� Property, or by any other method of con�eyance of an interest in the Real
<br /> Property. I� any Trus�or is a corporation, pa�tnership or limited liability company, transfer also includes any change in
<br /> ownership o�more than twen�y-fi�e percent ��5°/v} v�the �oting stock, partnership interes�s vr limited liabi��ty �ampany
<br /> interests, as the case may be, of su�h Trustor. Howe�er, �his option shall nvt be exercised hy Lender if such exercise
<br /> is prohibited �y�ederal law ❑r by Nebras�a law.
<br /> TAXES AND LIENS. The #ollowing pro�isions rela�ing to the taxes and fiens on the Praperty are part af this Deed o�
<br /> Trust:
<br /> Payment. Trust�r shalf pay wh�n due �and in all e�ents priar ta delinquen�yy all tax�s, spec�al�ax�s, assessments,
<br /> charges 4including wa�er and sew�r�, fines and impositions le�ied against or on account vf the Prop�rty, and shall
<br /> pay wh�n due a�l claims for work dane on or for se��ices rendered or material furnished to �he Property. Trustor
<br /> shall mainta�n the Proper�y�ree of all liens ha�ing priority o�er or equa! to �he interest of Lender under this Deed o�
<br /> Trust, except �or the lien �f taxes and assessments not due and except as othe�wise pro�ided in this Deed a�
<br /> Trus�.
<br /> Righ#ta Contest. Trustor may withhold payment of any tax, assessment, or�laim in connectian with a good faith
<br /> dispute ❑�er ths abligation to pay, so long as Lender's interest in the Proper�y is not jeopardized. I�a lien arises or
<br /> is filed as a resul� af nonpayment, Trustor sha11 within fifteen {�5} days af�er the �ien arises or, i� a lien is �iled,
<br /> within ti�te�n {15� days after Trustor has notice o� the f��ing, secure the discharge of �he lien, or �� reques�ed hy
<br /> Lender, d�pas�t with Lender cash ar a sufficient corporate surety bond or❑ther security satisfac�ory to Lender in an
<br /> amount suffici�nt to discharge the lien plus any costs and attorneys' �ees, ar ather charges �ha�could accrue as a
<br /> result of a forecfosure or sale under�he lien. ln any �ontest, Trustor sha��de�end itself and Lender and shaff sat�s�y
<br /> any ad�erse judgment be�ore enfor�emen�agains�the Proper�y. Trustar shall name Lender as an addi�ional obligee
<br /> under any sure�y bond�urn�sh�d �n the cantest proceedings.
<br /> EWidence of Payment. Trustar shal€ upon demand furnish to Lender sa�isfaC�ory ��idence o� paymen� ❑f the �axes
<br /> ar assessmen�s and shall auth�riz� �he apprap��ate go�e�nmental official to deli�er to Lender at any t�me a written
<br /> statement❑f the taxes and assessm�nts aga�nst th� Proper�y.
<br /> Notic� vf Canstruc�ion. Trus�or shall noti�y Lender at �east fi�teen �15} days t�efore any work is commenced, any
<br /> ser�ices are furnished, or any materiafs are supp�ied fia the P�operty, if any mechanic's �ien, materialmen's lien, or
<br /> ather fien could be asser�ed on accaunt o� the v►�ork, ser�ices, or materials. Trustor will upon request of Lender
<br /> �urnish to L�nder ad�an�e assurances satis�actary to Lender that Trustar can and will pay the cost o� such
<br /> impro�ements.
<br /> PRDPERTY DAMAGE iNSURANCE. The following pro�isions relating to insu��ng the Property are a part af this D�ed of
<br /> Trust.
<br /> Main�enance of Insuran�e. Trustor shall procure and maintain poli�ies o� fire insuran�e with s�andard extended
<br /> ca�erage endorsem�nts �n a repla�emen� I�asis for the full insura�fe �a(ue co�e�ing ail Impro�emen�s on th� Rea�
<br /> Property in an amaunt sufficient �❑ a�oid appli�ati�n af any co�nsurance c�aus�, and with a standard mortgagee
<br /> clause in fa�or o#Lender. Trus�or shall als� pr�cure and mainta€n comprehensi�e general liabili�y �nsuran�e in such
<br /> co�erag� amounts as Lender may request with Trustee and Lender b��ng named as additional insureds in such
<br /> liability insurance pvlicies. Addi�ionally, Trus�or shall maintain SUCh other �nsurance, including bu� n�� limited to
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