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2� 1 ��5492
<br /> DEED �F TRUST
<br /> ��ont�t�ued� Page 2
<br /> En�ir�nmental Laws. Trustar autharizes Lender and its agents to enter upon the Prop�rty to make such
<br /> inspectians and tests, at Trustar's expense, as Lender may deern apprvpriate to determine camp�iance of the
<br /> Pr-aperty with this section ❑f the Deed o�Trust. Any inspections or tests rnade by Lender shall be for Lender's
<br /> purpases ort�y ar�d shall��t be construed to create any respansibility or liabil�ty vn the pa�t of Lender to Trustor or
<br /> ta any ather person. The representations and warranties confained herein are based an Trustvr's due di{igen�e in
<br /> in�estigating the Property for Ha�ardous Substances. Trustar hereby �1} reieasss and wai�es any future claims
<br /> against Lender#or indemnity or cantribution in the e�en#Trustor becames liable�vr cleanup or ather costs under
<br /> any such laws; and �23 agrees tv indemnify,defend,and hold harmless Lender against any and ali claims, losses,
<br /> liabilities,damages,penalties,and expenses which Lender may di�ectly or�ndirectly sustain or suffer resulting from
<br /> a breach of this section of th� Deed af Trust or as a consequence of any use, generation, manufacture, storage,
<br /> disposal,release ar threatened re�ease occurring prior to Trustor's ownership ar interest in the Property,whether vr
<br /> nvt the same was ar should ha�e been known ta Trustor. The pro�is�ons v�this section of th� aeed o�Trus#,
<br /> including the obligation tv indemnify and d�fend,shall survi�e the payment❑f the Indebtedness and#he satisfaction
<br /> and recan�eyance vf the lien af this Deed of Trust and sha�[nat be affected by Lende�'s acquisitivn of any�nterest
<br /> in the Praperty,whether by foreclasu�e vr oth�rwise.
<br /> Nuisance, Vllaste. T�-ustvr sha�� not cause, �ondu�t or permit any nuisan�e nor commit, permit, ar suffer any
<br /> str�pping of nr waste on vr#a the Prvperty or any po�tion of the Property. Without limiting #he generality of the
<br /> foregoing, Trus�or will not remo�e, or grant to any othe�party the right to remo�e, any�imber, minerals�includ�ng
<br /> oil and gas},cval,clay,scv�ia,soi�,gra�el or rvck praducts wi�hout Lender's pria�written cvnsen#.
<br /> Remo�al o�lmpra�ements. Trustor shali not demolish or remo�e any Impro�emen�s from the Real Praperty without
<br /> Lender's privr written consen#. As a condition ta the remo�al vf�ny Impra�emen�s,Lender may require Trustor tv
<br /> make arrangements satisfactary to Lender to replace such lmpro�ements with lmpra�ements of at �east equa!
<br /> �alue.
<br /> Lender's Right tv Enter. Lender and Lender's agents and represen#ati►►es may en�er upon the Real Property at all
<br /> reasanable fimes to attend to Lender's interests ar�d tv i�spe�t the Rea� Proper�y far purposes �f Trustor's
<br /> comp�ian�e with the terms and conditions of this Desd of Trust.
<br /> Compliance with �o�err�menta� Requirements. Trustar shai� prompt�y compiy w�th a�l laws, ordinan�es, and
<br /> regulations, now vr hereafter in effect, of alf go��mmental auth�rities applicahle to the use or occupancy v'�the
<br /> Prape�ty. Trustor may con#est in good faith any such 1aw,ordinance,or regu�ativn and wi#hhald compliance during
<br /> any proceeding, including apprapr�ate appeals, sa long as Trus#ar has nvtified Lender in writing pri�r tv d�ing so
<br /> and so Ivng as,�n Lender's s�le opinivn,Lender's interests in the Property are nvt jeopard�zed. Lender may require
<br /> Trustar tv past adequate securiiy or a surety bond,reasvnably satis#actory tv�.en�er,ta pr�vtect Le�der's interest.
<br /> Duty to Rrotect. T�-ustar agr�ees neither ta abandon or lea�e unattended the Praperty. T�ustor shall da all vther
<br /> ac�s, in addi#ivn to those acts set forth abo�e in this sectian,which from the character and use af the Prvperty ar•e
<br /> reasonably necsssary t�protect and prese�ve the Prvpe�ty.
<br /> DUE ON SALE-C�NSENT BY LENDER. Lender may, at Lender's option,declare immediately due and paya��e all sums
<br /> secured by this Deed of Trust upon the sale or tcansfer,w�thaut Lender's prioc written eonsent, of all or any part af the
<br /> �eal Property, or any int�rest�n the Real Prvperty. A "sale or iransfer" means the conveyance of Rea! Property ar any
<br /> right, title ar inE�rest in the Real Property; wheth�r legal, beneficia! or equitabl�; whether voluntary or in�olun#ary;
<br /> whether by autright sa�e, deed, insta�lment sale cantract, land cantract, cvntract for deed, leasehold interest with a
<br /> term grea#er than three {3} years, lease-optivn cantract, or by sal�, assignmen#, or transfer of any beneficial interest in
<br /> or to any land trust holding title t� the Real Property, or by any other method of can�eyance of an interest in the Real
<br /> �roperty. However, this option shal� not be exercised by Lender i# such exerc�se is prohibited by federal law or by
<br /> Nebraska law.
<br /> T►4�E5 A�D L��NS. The following provis�er�s relating to the taxes and liens �n the Property are part of this Desd of
<br /> Trust:
<br /> Payment. Trustor shall pay when due{and in all e�ents prior ta delinquency}all taxes,spe��al taxes,assessments,
<br /> charges tincluding water and sewer}, fines and impositions le�ied against vr an accaunt af the Praperty, and shall
<br /> pay when due all cla�ms fvr work dane on or for services rendered or material furnished to the Property. Trusto�
<br /> shall maintain�he Property free of all liens ha�ing priori#y o�er or equai ta the interest o�L�nder under this Deed of
<br /> Trust, ex�ept far the lien of �axes and assessments nvt due, except for the Exis��ng Indebtedness referred to
<br /> belaw,and except as otherwise prvWiaed in th�s�eed o�Tr�ust.
<br /> Right to Contest. Tnastar may withhold payment of any tax, assessment, or claim in connectian w�th a good�aith
<br /> dispute a�er the obligatian ta pay:sa long as Lender's interest in the Property is no#jeopardized. If a lien arises or
<br /> is f�ed as a resul#of nan�ayment, Trustor shall within fi�teen �15} days after�he t�en arises ar, i� a lien is fled,
<br /> within fifteen �15) days after Trustor has notice of the filing, secure the discharge of the lien, or if requested by
<br /> Lender,deposit with Lender cash or a suffi�isnt cvrpvrate surety bond or other security sa#isfactary to Lender in an
<br /> amaunt sufficient to discharge the��en plus any costs and attarneys'fees, or o�her charges that�vuld aacrue as a
<br /> result of a foreclosure or sale under the I�en. �n any cont�st, �rustr�r shall detend itse�f and Lender a�d shall satisfy
<br /> any ad�erse judgmen#before en#orcement against the Property. Trustvr sha��name Lender as an additional abligee
<br /> under any surety bond furnished in the contest praceedings.
<br /> E��dence of Paymen�, Trustor shall upan demand furnish to Lender�a#isfactory e�idenc:e af payment of the taxes
<br /> or assessments and shal� autharize the appropriate go�ernmenta� official to deli�er#v Lender a#any time a written
<br /> statement o�the taxes and assessments against#he Property.
<br /> Nv#�ce of Construc�t�on. Trustor shall notify L�nder at least fifteen �15}days befare any wark is ovmmenced, any
<br /> se�vices are furnished,vr any materials are supplied to the Praperty, i�any mechanic's lien, materialmen`s 4�en, ar
<br /> other lien cvuld be asserted vn account of thQ wark, servives, vr materials. Trust�r will upon request of Lender
<br /> furnish tv Lender ad�ance assurances sa#isfac#vey to Lender that Trustar can an� wi�l pay the cast of such
<br /> �mpro�ements.
<br /> PRaPERTY DAMAGE INSURAN�E. The follawing prv�is�vns relating to �nsuring the Property are a part vf this Deed of
<br /> Trust.
<br /> Main�enance of lnsurance. Trus�ar sha�i pro�ure and maintain pal�cies of fire iRsurance vuith standard extended
<br /> co�erage �ndorsements an a �air �alue basis far the fuil insu��ble �aiue co�ering all lmpro�ements nn #he Real
<br /> Praperty in an amount suffic�ent to a�vid application of any coinsurance clause, and with a standard mo�t�agee
<br /> clause in fa�or of Lender,together with such�ther hazard and(iab�li#y insurance as Lender may reasonably require.
<br /> Policies shall be written in form, amounts, vo�erages and basis reasonably aoceptabie to Lender and issued by a
<br /> company vr vompanies reasvnably acoeptable to Lender. Trustor, upan request of Lender, wi41 deli�er to Lender
<br /> from time ta time the pal��ies or certificates of insurance in#�rm satisfactvry to Lender, including stipula#ions tha�
<br /> vave�ages wi�l not b�cancel�sd vr diminis�ed with�ut at least thirky�3D�days priar written notice to Lender. Each
<br /> insurance palicy also shall in�lude an endorsement prvWiding#ha#cv�erage in fa�or of Lender will not be impaired
<br /> in any way by any a�t, omissivn or default of Trustor or any ather person. Shauld the Reaf Properly be Ivcated in
<br /> an area designated by the Administratar of the Federal Emergency Management Agency as a special�laad hazard
<br /> area, Trustor agrees to obtain and maintain Federai Flcsod Insuranoe, if a�ailable, for the full unpaid princ�pal
<br /> balanve of the�aan and any prior liens vn the property securing the I�an,up�o the�maximum pvlicy limits set under
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