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2� 1 ��47�5
<br /> ���o �F T�us�r
<br /> ��or�tin�ed} Page z
<br /> Passession and llse. Un��l �he occurrence a� an E�en� of De�ault, Trus#�r may �'1} remain in possessian and
<br /> can�r��af the Property; �2} use,operate or manage the Property;and �3} colle��the Rents frnm the Proper�y.
<br /> Duty tv i1�la�ntain. Trus�ar sha�l main�ain the Property in t�nantable c�ndit�vn and promp�ly perform all repaia�s,
<br /> repiacemenfs,and maintenan�e necessary�o preserve its vafue.
<br /> Compliance With EnWir�nmenta� Laws. Tn.is�or represents and warrants fi� Lender that: t'�} During�he period of
<br /> Trustar's qwnership❑f�he Property, �here has been no use,generatian7 manufacture, s�orage,treatment,d[5�3�5�1,
<br /> release or threatened release of any Haza�-daus 5ubstance by any pe�son vn, under, about or from the ProperEy;
<br /> ��} Trustor has no knvw�edge af, or reasan tv belie�e that there has been, e�cep�as pre�iously disclosed t� a�d
<br /> acknowledged by Lender in writing, �a) any breach ❑r �ialation o� any En�iranmenta� Laws, �b} any use,
<br /> generafian, manu�a�ture, starage, �reatment, disposal, �-elease❑r threatened refease afi any Hazardous Subs�ance
<br /> vn, under, abou� ar from the Property by any prior awners or occupants af the Praperty, vr �c} any actual vr
<br /> thr-eatened f�tigation or claims v�any kind by any pe�son rela�ing �a such matters; and �3} Except as prev�ously
<br /> discfosed to and acknvwledged by Lender in wri�ing, �a} neither Trustor nvr any tenant,c�ntra�tor, agent or vther
<br /> authorized user o��he Prvpet�y shall use, �ene�ate, manu�ac�ure, s�ore, trea�, dispase of ar re�ease any Hazar-dou�s
<br /> Subs�ance on,under, about ar from�he Prflperty;and �b} any su�h acti�ity shall be condu�ted in cvmpliance wi�h
<br /> all appli�abfe federaf, state, and Iflcal �aws, regu�a�ions and ordinances, including withaut I�mifiati�n �fl
<br /> En�ironmental Laws. Trusfor autharizes Lender and i#s agents to en�er up�n the Property ta mak� such
<br /> inspectians and tes�s, at Trus�or's expense, as Lender may deem apprapriate �o determine cornpliance af �he
<br /> Property wi�h �his se�tion a�the ❑eed of Trusfi. Any inspec�ians ar tests made by Lender shall be f�r Lender's
<br /> purp�ses only and shall not be construed to creafie any r�sponsibility❑r liabifity on the �aark�f Len�ier t❑ Trustor or
<br /> �o any�ther persvn. The representati�ns and warranties con�ained herein are based on Trustor's due diligence in
<br /> in�estigat�ng�he Property for Ha�ardous 5u�stances. Trustor hereby �'!} releases and wai�es any future claims
<br /> against Lender for indemni'�y or cantribution in the e�ent Trus�or bec�mes liable for cleanup or other costs under
<br /> any such laws; and ��} agrees ta indemnify, defend, and hvld harm�ess Lender against any and all cfaimsr �a5S�5,
<br /> liab��ities, damages, penaltie�, and expenses wh�ch Lender may direcfly❑r indirectly sustain ar su�Fer resulting from
<br /> a breach af this sec�ion of the Deed af Trust or as a c�nsequence of any use, genera�ian, manu€acture, stat-age,
<br /> dispvsal, refease❑r threatened release occurring prior to Trus�or's�wnership or in�erest in the Proper[y,whether o�
<br /> no� the same was ❑r shau�d ha�e been kn�wn �v Trustor. The prv�isivns c�f�h is sec�ion vf the Deed of Trust,
<br /> including the❑bfiga�ivn to indemni�y and defend,shaff survi�e�he payment af the lndebtedness and the satisfactinn
<br /> and recan�eyance af the�ien of this Deed af Trust and shall no��e afFected by Lender's acquisition❑f any interes�
<br /> in the Prope�-ty,whether by foreclosur�❑r o�herwis�.
<br /> Nuisance, 1Nas#e. Trustvr sha[I n�t cause, cc�nduct or permit any nuisance nor commit, permit, or suffer any
<br /> stripp3ng o�F or waste an or to the Property❑�-any p�rt��n v�the Prvperty. Wi�haut limi�ing �he generality v�the
<br /> foregaing, Trus�or wiil not rema�e, or grant to any vther par�y the right�� remove, any timber, minerals ��nc�uding
<br /> ❑ii�nd gas�, coal,clay, scaria,svil, gra�el ar rock products without Lend�r's priar w�itten cansen�.
<br /> Remo�al of lmpro�ements. Trustar shall no�demalish ar remove any lmpra�emenfis firvm the Rea� Praperty withaut
<br /> Lender's priar written cvnsent. As a conditivn�a fhe remv�al of any impra�ements, Lender may require Trustar to
<br /> make arrangemen�s satisfactary t❑ Lender t� replace such [mpro�emenfs with Imprvvements of at �east equal
<br /> value.
<br /> Lender's Right to Enter. Lende�-and Lender's agents and repr�senta#��es may enter upon the Real Prnp�rty a�all
<br /> reasonable times to attend to Lender's interests and to inspect the Real Proper�y for purposes of Trustvr's
<br /> complianGe with the terms and conditians of this Deed ofi Trusf,
<br /> �nmpliance wi�h Go�ernmen�al Requir�ments. Trustvr shaff promp�ly �vmply with alf laws, ordinances, ar�d
<br /> regulations, nvw ❑�- hereafter ir� ef�ec�, ❑�a�l go�e�nmental au�hori-�ies applicable �a the use ar nccupancy v�the
<br /> Property, inc�ud�ng withou� �imitati�n, the Americans With Disahilities Act. Trustor may Gontest in gv�d�ai�h a�y
<br /> such �aw, ordinance, or regulativn and wi�hho#d campiiance dur�ng any praceeding, inciuding appropr�af�appeals,
<br /> so�ong as Trustor has notified Lender in wri#ing prior�a doing sv and so I�ng as, in Lender"s svle opini�n, Lender°s
<br /> interes�s in the Property are nat jeopardized. Lender may require T�ustor ta pas� adequate securi�y ar a sure�.y
<br /> band, reasflna��y satisfa�#ory to Lender,fa p�-vtect Lende�-'s�n�e�-�st.
<br /> Duty to Protect, Trus�or agrees neifher fa abandon or iea�e unattended the Property. Trusfiar shalf do af� other
<br /> acts, in add��ion�o those acts set farth abo�e in this section,which�rom the charaGter and use of the Prop�rty are
<br /> reasvnably necessary tv pro�ect and preserve the Prope�-ty_
<br /> DUE�N SALE-CQNSENT BY LENDER. Lender may, at Lender's vptivn, d�clare immediate�y du�and payabfe al1 sums
<br /> secured hy this De�d of Trust upon�he sale or transfe�-, without Lender's prior wri�ten cvnsent, o�afl or any part afi th�
<br /> Rea� Property, ar any in�e�-est �n the Real Prvp�rty. A "safe or transfer" means the evn�eyan�e of R�a� Proper�y or any
<br /> �ight, ti�le or interes� �n the Rea� Prope�y; rrvhether legal, henefcia� �r equi�able; whether �alun�ary or �n�ofunta�,r;
<br /> whether by ou�right sale, deed, instalfinent sa[s cflntract, land contract, �ont�-aG� fa� dged, leasehold inter�st with a
<br /> �erm grea�er than three �3} years, lease-opt�on contrac�, or�y saie, assignment, ❑r transf�r ofi any ben�ficial inter�st€n
<br /> or to any land trus� halding title �o ths Rea! Prop�rty, vr by any athe�method v�con�eyance af an interes� in �he Real
<br /> Property. If any Trustor is a corporation, partnership or limited fiabil�ty company, transf�r alsa includes any change iu�
<br /> �wnership of mor�than twenty-fi�e percent�25°/�} of the�oting stn�k, pa�kn�rship interes�s or limited �ia�ili�y company
<br /> interests, as�he case may be, af such Trusto�. Howe�er, �his ❑ptivn shall nat be exereised by Lender if such exercis�
<br /> is prohibifed by federal law or by Nebraska law.
<br /> TAXES AND LIENS. The following pravis�vns r��ating �o the taxes and I�ens on the Property ar� part af�his �7eed of
<br /> Trust:
<br /> Payment. Trustor shafl pay when du��and in al�e�ents prior�o delinqu�ncy}all taxes,spe�iaf taxes,assessment�,
<br /> cha�ges �inc�ud�ng water and sewer}, fines and impositions le�ied againsf�r on account of the Property, and shall
<br /> pay when due all cfaims €ar wark done an ar for ser�ices rendered or materiai furnished ta the Prvperty. Trustor
<br /> shall main�ain th�Property free�f ali liens having priori�y a�er or equal#o the in�erest af Lend�r under�h�s ❑eed of
<br /> Trus�, excep� for the lien of taxes and assessmen�s nvt d�e, except fivr the Existing Indebtedn�ss re�er�-ed �o
<br /> bel�w, and except as otherwise pro�ided in this��ed�f Trus�.
<br /> R�ght to Con�est. Trustar may wi�hhvld payment of any�ax, assessment, or claim in connectian with a good faith
<br /> dispute a�e�-the obligation�o pay, so lang as Lender's interest in�he Praperty�s nofi jeapardized. lf a I�en arises or
<br /> is filed as a result vf nQnpayment, Trustor�shall wi�hin ffteen �15} days after the �ien arises or, i�a lien is filed,
<br /> within fifteen �15} days after Trustvr has noti�e vf th� filing, secure the discharge ❑��he fien, or if requested by
<br /> Lender,deposit with Lender cash or a su�ficient carporafe surety bond or vth�r security satisfac�ory to Lender in an
<br /> amaunt suffcien�to discharge the�ien pius any casts and attorneys'�ees, ❑r ather charges fiha�c�uld accrue as a
<br /> result of a foreclasu�-e vr sale und�r the lien. !n any c�n��s�, Trustar shall defend i�seff and Lender and sha��satisf}r
<br /> any adv�rse judgment be�vre enforcement against the Praper�y. Trustar shall name Lender as an additiana�obligee
<br /> under any surety b�nd�urnished in�he��ntes�proceedings.
<br /> Evidence af Payment. Trustor shaif upon deman�furnFsh tv Lender satisfac�ory e�id�nce of paymen�of the�axes
<br /> or assessments and shalf au�hvri�ze the appr�priate ga�ernrnen�al v�Fi�ial to del��er tv Lender a�any time a written
<br /> statem�nt o�the taxes and assessments against the Property.
<br /> Nvtice of Cvnstructivn. Trustvr shall noti�y Lender a�[eas�fifteen {'I�} days hefore any wvrk €s cnrnmenced, any►
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