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2� 1 ��41 �9
<br /> DEED C]F TRUST
<br /> ��otltinued} Page �
<br /> 5ubstance on, under, abflut or from the Property; and �h� any such ac�i�i�y shall he conducted in �ompiiance w�th
<br /> all app�i�a�le federal, s�a�e, and �o�al laws, regulati�ns and vrdinances, in�luding without limitation all
<br /> En�irvnmen�al Laws. Trusta� authorizes Lender and its agents �a enter upon the P�vper�ty to make such
<br /> inspections and �ests, at Trustor's expense, as Lender may deem apprapria�e to de�ermin� compliance of the
<br /> Prop�rty with this sec�ian �f the Deed ❑f Trus�. Any inspe�tions or tests made by L�nder sha(� be f�r Lender's
<br /> purposes only and shall not be �onstrued t� �reat� any respansibi�ity or iiabi�ity on the part a� Lender to Trustar or
<br /> to any o�her p�rson. The representat�ons and warranties Contained herein are based on Trus�or's du� dilig�nce in
<br /> in�estigating the Praperty for Hazardvus 5ubs�an�es. Trus�or hereby ��f rel�ases and wai�es any fiuture ��aims
<br /> against Lender for �ndemni�y or con�ribu�ion in the e�en� Trustor becvmes liable fi�r cleanup or other cnsts under
<br /> any such �aws; and ��� agrees to indemni�y, de�end, and hold harmless Lende�aga�nst any and all claims, lasses,
<br /> liabili�ies, damag�s, penafties, and�xpenses which Lender may directly or indirectly sus�ain or suffer resul�ing from
<br /> a breach of this section of the ❑eed of Trust or as a consequence of any use, generation, manufactur�, storage,
<br /> disposa�, release or threa�ened release o�curring prior ta Trustor's vwnership or interest in the Property, whether vr
<br /> nat the same was or should ha�e been knawn to Trustor. The p�a��sions o� this sect��n o� the Deed af Trus�,
<br /> including�he obligat�on ta ind�mn€�y and de�end, shai� sur�i�e the payment o�the Indebtedness and�he sa�isfaction
<br /> and re�on�eyance a��he lien ❑f this Deed of Trust and shall not be afi�e��ed by Lender's acquisition of any interest
<br /> in the Praperty, whether hy foreclasure ar o�herwise.
<br /> Nuisance. Waste, Trustor shall not �ause, conduct or perm�t any nuisance nor commit, permi�, or suffer any
<br /> stripping of or waste on ar to th� Prape�ty o� any portion o�r the Prope�ty. Vllithout limiting �he gen�rali�y of the
<br /> foregving, Trustor will not remo�e, or grant ta any other party the right to remv�e, any timber, minerals tincfuding
<br /> oil and gas}, coal, clay, scoria, soil, gra�el or rock praduc�s wi�hou�Lender's prior wri�ten consent.
<br /> Remv�a�of lmproWemen�s. Trus�ar shall not demolish vr r�mo�e any lmpro�em�nts from th� Rea� Properfiy without
<br /> Lender's prior written cons�nt. As a cond�t�on�o�he remo�al of any lmpro�ements, Lender may require Trus�vr to
<br /> make arrangements satis�a�tory �o Lender to replace such Imprv�ements with lmpro�ements of a� ieas� equal
<br /> �alue.
<br /> Lender'� R�ght to Enfier. Lender and Lend�r`s agents and representati�es may enter upon the Rea� Property at all
<br /> reasonable times to a�'�end �o Lender's interests and to inspect th� Rea! Property fo� purposes o� Trustor's
<br /> compliance wi�h th�terms and �onditi�ns o�this ❑eed of Trust.
<br /> Cvmplian�e with Go��rnmental Requirements. T�ustor shali promptly camply with all laws, ordinances, a�nd
<br /> regulations, now or h�rea�ter in e��eGt, of a�� gv�ernmental au�hori�ies applicable to the use or o�cupan�y of �he
<br /> Property. T�ustor may contest in good faith any such law, ordinance, vr regula�ion and withhald compliance during
<br /> any proceeding, in�luding apprvpriate app�als, so long as Trustor has notified Lender in writing prior to doing so
<br /> and sa �ong as, in Lender's sole opinion, Lender's interests in the Pr�perty are not j�opardi��d. Lender may require
<br /> Trustor to post adequate s�cur�ty or a surety bond, reasanab�y satis�actary to Lender, to protect Lender's in�eres�.
<br /> Duty tv P�otect. Trustor ag�e�s neith�r �o abandon or lea�e unattended the Praperty. Trus�vr shall do all �ther
<br /> ac�s, �n addition�o�hvse acts s�t farth abo�e in this section, whiGh from the charac�er and use of the Property are
<br /> reas�nab[y necessary to protect and preser�e�he Property.
<br /> DUE�N SALE -CDNSENT BY LENDER. Lender may, a� Lender's aption, declare immediately due and payable a�� sums
<br /> se�ured by this Deed af Trust upon the sale ar transfer, without L�nder's pr�or wr�tt�n cansent, o�a�l or any part afi the
<br /> Rea! Prvperty, or any interest in the Rea� Pr�perty. A "sa�e or transfer" means the cfln�eyance of Real Praper�y or any
<br /> r�ght, title or interest in �he Real Property; whether legal, bene�icial or equitable; whether �aluntary or in�oluntary;
<br /> whe�her by vutright sa�e, deed, installment sa�e �antract, land cvntract, cvntrac� �or deed, leasehold �nterest with a
<br /> term greater�han �hre� �33 years, lease-opti�n contract, or �y sale, assignmen�, or transfer of any beneficial int�rest in
<br /> or�o any �and trust holding �i�le �� �he i�eal Property� or by any other me�hod of con�eyance of an �nte��st in the Real
<br /> Property. Howe�er, this option shall not he ex�rcised by Lender if such exercise is prohibit�d by f�derai law or �y
<br /> Nebraska law.
<br /> TAXES AN❑ L[ENS. The folfowing pra�isions re�ating tv the tax�s and li�ns on the P�ope�ty are part of this Deed of
<br /> Trust:
<br /> Paymen�. Trustor shall pay when due �and in a1� e�ents priar to delinqu�ncy� all taxes, special taxes, assessm�nts,
<br /> �harges �including wate� and sewer�, fines and imposi�ions le�ied agains�or on ac�vun�flf the Prop��ty, and shall
<br /> pay when du� a�l cfaims for wark done on or fivr ser�i�es rendered or ma��rial furnished to the Prope�ty. Trustor
<br /> shall maintain the Proper�y�ree�f all liens ha�ing priority o�er ar equal to the interest of Lend�r under�his Deed of
<br /> Trust, except �vr the lien vf taxes and assessments not due, except for the Existing Indebtedness refierred ta
<br /> �efaw, and gx�ep�as o#herwise pro�ided in this D�ed af Trust.
<br /> Righ#to Contest. Trustor may withho�d payment❑�any tax, assessment, vr �laim in connection with a gvvd fai�th
<br /> dispute o�er the oE�[igat�on�a pay, so Iong as Lender's interest in�h� Praperty is nat jeapardized. �f a lien arises or
<br /> is filed as a result o� nonpayment, Trustor sha�� within fifiteen �15� days afiter the lien arises or, if a iien is f�fed,
<br /> within fifteen �15� days a�ter Trustor has nvtic� ofi �he fiiling, secure �he discharge of the lien, �r if requested by
<br /> Lender, deposit with Lender cash or a sufficien�corpora�e surety bond or o�her securi�y sa�isfactnry to Lender in an
<br /> amaunt su��icient to discharge the lien plus any costs and a��orneys` fees, or vther charges that cou[d acc�ue as a
<br /> resulfi af a�areclosure❑r sale under#he lien, in any contest, Trus�or shall defend itself and Lender and shall sat�sfy
<br /> any ad�erse�udgmen�before enforcement against the Property. Trustor sha�[ name L�nde�as an add+t+onai obligee
<br /> under any sure�y bond furnished in the contest proceedings.
<br /> EWidence of Payment. Trustor shal� upon demand fur��sh �o Lend�r satisfactory e�idence of paymen�of the taxes
<br /> or assessments and shall authorize the approp�iate go�ernmental official to deli�er to Lender a� any time a written
<br /> statem�nt��the taxes and assessments against�he Property.
<br /> Notice vf Construc�ivn. Trustor shall no�ify Lender at leas� fif�een �15� days befvre any work is commenced, any
<br /> ser�ices are furnished, or any mat�rials are supplied t� the Properfiy, if any mechanic's lien, materialmen's lien, or
<br /> other lien Gould be assert�d an a�c�unt of the work, ser�ices, or mat�rials and the cost exc�eds $1,Dfl�.4�.
<br /> T�ustor will upon request vf Lender furnish tv Lend�r ad�ance assurances satis'�a�tary �o Lende� �hat Trusfior can
<br /> and will pay the cost�f such impro�ements.
<br /> PRDPERTY DAMAGE INSURANCE. The �ol�owing pro�is+ons relatin� to insuring the Property are a part of this Deed of
<br /> Trust.
<br /> Nla�n#enan�e of lnsurance. Trustor shall procure and maintain policies of fire insurance rrvi�h standard extended
<br /> cv�erage endvrsements on a replacement basis #or the �ull insurable �alue co�ering all Impro�ements on the Reai
<br /> Praperty in an amount suf�icient �to a�Qid app�icati�n of any �o�nsurance c�ause, and with a standard mortgagee
<br /> clause in far�or vf Lender, together with such other ha�ard and iiab��ity insurance as Lender may reasonahly require.
<br /> Palicies shall be writ�en in form, amvun�s, ca�erages and basis reasonably accep�able �o Lender and issued by a
<br /> �ompany ❑r companies reasonably accepta�l� to Lender. Trustor, upon request af Lender, will de���er ta Lender
<br /> frvm time�o time the poli�ies or certificates a�insuran�e in f�rm satisfacta�y to Lender, in�[uding stipu�ations fihat
<br /> co�erages will not be canceiled or diminished without at least�h�rty �30� days prior written nat�ce to Lender. Each
<br /> insuran�e po�icy alsv shall include an endorsemen� pro�iding that cv�erage in fa�ar of Lender will na� be impaired
<br /> in any way by any act, omissi�n or d�fault of Trustor or any o�her p�rson. 5hould the Real Property be located in
<br /> an area designated by th� Adm�nistrator a�the Fed�ra� Emergency Management Agency as a specia� #�ood hazard
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