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� � � � � � , �� 2� 1 ��451 �
<br /> � . . � aEED �F TRUST. � . � �
<br /> � - � Lvan No: 5�9'1�9 � . ��orltit7u�d� . , Page �
<br /> � . a breach of this sec�ian of the Deed o��Trust or as a cvnsequence af any use, generatio�n, manufacture�,starage,�
<br /> disposal; release❑r threa�ened release occurring priar ta Trustor's ownership or interest in the Property, whe�her or � . .
<br /> � . not the same �was or should ha�e been�knflwn t� Trustar. The pro►►isivns af this section af the fleed ❑� Trust.��_ � .
<br /> , inc�uding�he obligation tv indemnify and de�end, shal�sur�i�e the payment af the Indebtedness and the satis�act�vn � �, �
<br /> � . and reconveyance of the �jen of this Deed❑f Trust.and shal� not be a��ected by Lender's a�quisitian af.any interest� ��
<br /> . . . . . . . � r . .
<br /> � � . in the Prvperty. whether by forecl�sure�r otherwise. � � . � . . �
<br /> . Nuisance. Waste.. Trustor shall not cause, �vnduct or permit any nuisance nar commit, permi#; or su��er any �
<br /> � � strspping of,.or waste ❑n or �o #he �roperty or any par�ion of the Prop�rty. INithou� limiting the genera�ity v# the �
<br /> foregving� Trustor will not remv�e. ❑r grant t❑ any vther par#y the right to rema�e, any timber� minerals �including
<br /> � oil and gas�,coal. clay� scoria. soil, gra�el ar rock praducts without L�nder's priar written c�nsent. � �
<br /> � Remv�al of lmprovements. Trustor shall not demolish❑r remo�g any Impro�ements fram the Real Property without
<br /> � Lender's prior written consent. As a condition�to th� remo�al of any#mpro�ements, Lender may require Trustvr to
<br /> � make arrangements satisfactvey to Lender to replace such Impro�ements with Impro�ements af at least equaf
<br /> � �alue. � � .
<br /> Lender's Right to Enter. Lender and Lender's agents and �representati�es may enter upon the Real Prvperty at all
<br /> . reasonable times tv a.ttend to Lender's interests and ta inspect the Real Property fvr purposes ❑f. Trustor's
<br /> comp�iance with the terms and condi�ions of this Deed❑f Trust. .
<br /> � � Compliance .w�th Go►►ernmental Requirements. Trustar shal� promptly comply with all faws, vrdinances, and
<br /> reguiations; now ar hereafter in �ffect, vf all go�ernmental autharities applicable to the use ❑r occupancy of the
<br /> . Property. Trustvr may contest in good faith any such law, �rdinan�e, or regu�ation and withhold campliance during �
<br /> . , any pro�eeding. �ncluding appropr�ate appeais, so Iong as Trustor has notified Lender in writing prior ta doing so �
<br /> and so long as, in Lender's sole opinion, Lender's interests in the Property are not jeopardized. Lender may requir� .
<br /> . � Trus#ar to post adequate security or a surety bond. reasonably satisfa�tory to Lender, t❑ protect Lender's intsrest.
<br /> . �
<br /> Du#y to Prot�ct. Trustvr ag.rees ne�ther #n abandvn or iea�e unattended the Prvperty. Trustar sha�l d❑ all ather
<br /> . � . acts, in addition to those acts set farth ab��e in th�s sec#ion, whi�h fram the ch�racter and use of the Property are
<br /> � reasonably necessary to protect and preser�e the Praperty.
<br /> . DUE�flN SALE-GaNSENT BY LENDER. Lender may� at Lender's vptivn� declare immediately due and payable all sums .
<br /> secured by this ❑eed�vf Trust upon the sale or transfier. withaut Lender's prior written consent� a�all or�any par#vf the
<br /> Real Pr�perty; or�any interest in the Real Property.� A "saie ❑r transfer" means the con�eyance of Real�Prvperty vr any
<br /> right,� title or�interest in�the Real Property; whether legal� beneficia� ar equitab�e; whether �ofuntary ar in�oluntary; .
<br /> . whethe�.by outright sale, deed. installment sate contract. iand �flntract� contract for deed. leasehoid interest with a.
<br /> term greater than three {3y years, lease-option contract� or by sale� assignment, or trans�er af.any.beneficial int�rest in . �
<br /> . � � vr to any land trust holding title tv the Real Property, ❑r by any oth�r mathod af con�eyance of an interest in the Real .
<br /> . Property. Howe►►er, this�option shall nat be exercised by Lender if such exercise is prohibited by�federa! law or by
<br /> Nehraska law. � � �
<br /> � TAXES A111D LIENS. The fo��owing pro�isivns relating #o the taxes and liens on the Propecty are part of this �eed ❑f � �
<br /> � � .Trust: � . � . .
<br /> Payment. Trustor shafl pay when due �and in all e�ents prior t�delinquency� aEl taxes. speciai taxes, a�ssessments, �
<br /> � � charges �including wa�er and sewer}, ftnes and �mpvsitions le�ied against or�n ac�vunt�of the Property. and sha�i . �
<br /> pay when due all �iaims for wvr�C done on or for�ser�ices rendered or materia! furnished to the Prvperty. Trustor
<br /> � � shall maintain�he�Property free af all l�ens ha�ing privrity v�er ar equal to the fnterest❑f�Lender under this Deed of �.
<br /> . Trust, except �or the. lien of�taxes and�assessments not due and except as ❑therwise pro�ided in this Deed of�
<br /> .. Trust. � - . - �
<br /> � Right to Con#est. Trustor may withho�d payment ot any tax� assessment, or ciaim in cannection with a_good faith �.
<br /> � disputs v�er the❑bligatinn to pay, sv long as Lender's interest in the Property is not j�vpardFzed. I�a I+en arises or � �
<br /> is filed as a result of nvnpayment. Trustvr shall w�thin fifteen t 15� days after the lien arises or. if a �ien rs filed;_ � � �
<br /> . within fiifteen �15y days after Trustor has noti�e af the filing, se�ure the d�s�harge af the lien, or if requested by
<br /> � Lender, deposit w�th Lender cash vr a sufficient�corporate surety bond�r vther security satisfactory ta Lender�n an
<br /> � amount suffi�ient to discharge the lien p�us any cvsts and attorneys' tees, or�ther charges that�vuld accrue as a
<br /> � � � result of a#ore�lasure ar sale under the lien, In any contest,Trustar shail defend itseif and Lender and shall satisfy
<br /> . . � any ad�erse�udgment before enforcement agatnst the Property. Trustor shall name Lender as an additional abligee �
<br /> t under any�surety bond furn�shed in the contest proceedings. �
<br /> . �. �E�idence of Payment. Trustor sha!! upon demand furnish to Lender�satisfactory e�idence of payment❑f the taxes
<br /> � or assessments and shall�authorize the appropriate ga►►ernmental official to deli�er ta Lender at any time a written
<br /> statement❑f the taxes and assessments against�he F�roperty. �
<br /> , . Noti�e of Construction. Trustor shail notify Lender at least fif�een �15y days before any work is cvmmenced, any
<br /> . .ser�ices are #urnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's iien; vr
<br /> other lien c�uld be asserted on account of the work, ser�ices� or materia�s. Trustar will upon request ❑f Lender
<br /> . fu�nish to Lender ad�ance assuranc�s satisfactvey �o Lender that Trustvr can and will pay the cost ot such
<br /> impro�emen�s.
<br /> � � PRQPERTY DAMAGE INSURANCE. The fallowing.pro�isivns relating ta insuring the Pr�perty are a part vf this Deed of �
<br /> Trust. � � �
<br /> Nlaintenance�af lnsurance. Trustar shall procure and maintain policies �f �ire insurance with�standard extended �
<br /> . co�erage endvrsements on a fair �a�ue bas�s for the full insurab�e �a1ue covering.a!! Improvements on the Rea! �
<br /> � Property,in an�amount sufficient to a�oid app��cation of any coinsurance clause; and with a standard m�rtgagee �
<br /> � .�lauss in ta�or of Lender, together with su�h other hazard and liabiiity insurance as Lender may reasonabEy require.
<br /> Policies shal� be�wriiten in form, amounts. cv�erages and basis reasonably ac�eptabie t❑ Lend�r and issued by a
<br /> � � company.or companies reasonably acceptable ta Lender. Trustor, upon request ❑f Lender, wi!! del'r�er ta.Lender
<br /> . . frvm time t� time the palicies ❑r certificates❑f insurance in fvrm satis�a�tory to Lender, including stipulativns that
<br /> � co�erages will nnt be cancelled��r diminished withnut at leas�.ten �"l 4f days prior written notice ta Lender. Each
<br /> insurance p�alicy also shal� include an end�rsement pra�iding that�co�erage in fa�or of Lender will not be impaired
<br /> � in any way by any act, omissi�n or�default of Trustar or any ather persvn. Shauld the.Real Property be located in
<br /> � an area designated by the Administrator o�the Federal Emergency Management Agency as a speciai flood hazard � �
<br /> � � . area, Trustor agrees t❑ obtain and maintain Federaf Flood Insurance, if a�ai�ab�e, within 45 days aftsr notice is� � �
<br /> � gi�en by Lender that ths Praperty is�Iocated in a special tlood hazard area, for the full unpaid principal balan�e of �
<br /> � � - the �oan and. any prior liens an the property se�uring the Ioan, up to the maximum pv�icy {imits set under the �, .
<br /> National Flood Insuran�e Prvgram, ar as otherw�se required hy Lender, and ta maintain such insurance.for the term � � ,
<br /> � , af the�van. . � . . . . � .
<br /> � � Applicatian af Praceeds. Trustor shal� prvmptly notify Lender of any(oss vr damage to the Praperty. Lender may � �
<br /> � . make proat af loss if Trustor fails to do so within #�fteen �'!5} days o� the casua�ty. .INhether or.nat Lender's _
<br /> � � security�is impaired�. Lender may, at Lender's e�ectivn, recei�e and�retain the pro�eeds ❑f any insurance and apply �. �
<br /> . � the proceeds ta the reduction of the Indebtedness, payment of any lien a�fecting the Property, ar the.restoratian
<br /> � and repair af the Pcoperty. ff Lender elects to apply the praceeds to restaration and repair, Trustor sha�1 repair or .
<br /> , replac� the damaged or destrayed Impro�ements in a manner satisfactary to Lende�. L�nder shall, upon �
<br /> � .
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