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� 2� 1 ��5832
<br /> DEED C]F TRUST �
<br /> ��ontinued� Page �
<br /> replac�ments, and main�renance necessary�o preser�e its�alue.
<br /> Comp�iance Wi#h Env�rnnmental Laws, Trustor rep�ssen�s and rrvarrants t� Lender that: t�� lJuring the periad of
<br /> Trustor's ownership o�th� Property, there has been no use, generatian, manu�acture, storage, treatment, disposal,
<br /> relsase vr threatened release �� any Hazardous Substance by any person on, under, about or �fram the Property;
<br /> �2y Trus�ar has no kn�wf�dge vf, or reason ta bel�eve that there has been, except as pre�iaus�y disc[ased to and
<br /> ackn�wledged hy Len�er in writ€ng, �a} any breach or �iolat�on o�F any En�ironmen�al Laws, 4b� any use,
<br /> generativn, manufacture, starage, �treatment, disposal, release vr threatened release ❑� any Hazardous 5ubstance
<br /> on, under, about ❑r fram the P�roper�y by any prior owne�-s ar ❑ccupants o� �he Property, or 4cy any actua� ❑r
<br /> threatened li�igati�n or cia'rms �f any kind by any person rela�ing �o such matters; and {3y Except as previous�y
<br /> discios�d to and acknawledged by Lender in writing, ta} neither Trustvr nor any t�nan�, cvntractar, agent or ti�her
<br /> authorized us�r�-F�he ar�pe�ty sha�l use, generate, manufiacture, store, treat, dispase a#vr release any Hazardous
<br /> , Substance on, under, �baut or from the Praperty; and ��� any such a�ti�ity sha�l be cvnducted in�omp�iance wi�h
<br /> a�! applicable �ederal, s�ate, and fvcal laws, regu#ativns and ordinan�es, including withou� limitation a��
<br /> En�ir�nmenta! Laws. Trustvr author€zes Lender and its agents tv enter upan the Prvperty �a make such
<br /> inspections and tests, at Trus�ar's �xpense. as Lender may deem apprvpriate tv determine �omplian�e o�F �he
<br /> Prvperty `rvith this sec�ian a�F the ❑eed o� Trus�. Any inspections ❑r tests mad� by Lender shall be for Lender's
<br /> purp�ses only and shal� nvt be construed to create any r�spons�bility o�liabifi�y �n the par�of Lender tv Trustor vr
<br /> �a any vther pe�son. The represen�a�ions and wa�ranties cantained he�ein are based on Trustar's due diligence in
<br /> in�es�iga#�ng the Prvp��ty for Hazardous Subs�ances. Trustvr hereby ��y re�eas�s and wa���s any future claims
<br /> against Lender for ind�mnity or contr�but�on in th� e�ent Trustor becomes liabfe for cleanup ❑r vther costs under
<br /> any such [aws; and ��� agre�s tv Endemni�y, defiend, and hald harmiess Lender against any and a�l claims, losses,
<br /> �iabiii�ies, damages. penalties, and expenses which Lender may dire��ly❑r indirectly sustain ar su#�fer resulting �rom
<br /> a breach ot�this sectiv� o#the Deed o�Trust vr as a cvnsequenc� a� any use, generation, manu#a��ure, s�arage,
<br /> disposal, �-elease vr�hreatened re�ease occurr�ng prior to Trustor's own�rship or in�erest in th� Property, whether ar
<br /> nvt the same was or shoufd ha�� been known to T�-ustar. The pro�isi�ns o� this se�tian o� the Deed of Trust,
<br /> Encluding the obligation ta indemnify and de�end, shall sur�i�e th� payment of the lndebtedness and the sat�s€a�tivn
<br /> and �econ�eyance of the l��n of this ❑eed❑�Trust and shall nvt be a���cted by Lender's acquisi�ion v�any interes�
<br /> in the Prop�rty, wheth�r by fvrec�osure or o�herwise.
<br /> Nuisance, Waste. Tr�€stor sha�! nvt caus�, conduct or permit any nuisance nor cvmmit, permi�, ar suffer any
<br /> s�ripping o� or waste an or �a the Props�-�y ar any pvr�ion o# the Prvperty. V1lithaut �imi�ing th� genera�ity af the
<br /> forega�ng, Trustvr wif� nvt remo�e, ar grant to any other party �he right fio remo�e, any�imber, minerals �inc�uding
<br /> aii and gas3, c�al, clay.scor�a, s��1, gra�el ❑r rock products wi�hout Lender's prior wri�ten consen�.
<br /> Rema�al of Impro�ements. Trustor sha€! not demolisF�or remv�e any fmprv�ements from�he �ea[ Prnperty withvut
<br /> Lender's priar written c�nsent. As a candi�ian�v�he remo�al o#any Impra�ements, Lender may require Trus�or t�
<br /> make arrang�men�s sa�is�actory ta Lende� to replace such Impra�ements with lmp�-o�emen�s a� at least equai
<br /> �a1ue.
<br /> Lender's �igh�tv Enter� Lender and Lend�r`s agen�s and repr�sentati�es may enter up�n the Real Prvperty at a[�
<br /> reasonable times to attend tv Lender's inte�-ests and to inspect the Real Proper�y for purpases o# Trustor's
<br /> ��mpliance with�he terms and�onditians of this Deed of Trust.
<br /> �ompliance with Go►rernmenta! Requ�rements. Trusto� shall promptly comp�y with aff �aws, ordinances, and
<br /> regulativns, now or hereafter in effect, �f all go�ern�nentai authvrl�ies applicable ta the use ar occupancy �� the
<br /> Prvper�y. Trustor may�vn�est in ga�d fa�th any such faw, ordinance, or regulatFon and wi�hhofd campliance during
<br /> any pracee�ing. includEr�g appr�opriate appea[s. s� �v�g as Trustor has noti�i�d Lender fn writing prior tn doing so
<br /> and sv long as, in Lender's svle vpinion, Lender's interests in the Property are nvt jeopardized. L�nder may r�quire
<br /> Trustor to pvst adequate security or a surety hand, ��as�nahly satisfa�tory tv Lender,tfl protect L�nder's in�erest.
<br /> Duty �o Prote�t. Trustar agre�s neEthe�- �o abandon ❑r lea�e unattended the Praperty. Trustvr sha�l dv al� other
<br /> ac�s, in addition t�thvs� acts set�o�-th abo�e in�his sect�an� which�rom the character and use o�th� Praperty are
<br /> reasonabfy n�cessary tv p�otec�and prese�-�e the Prop�rty.
<br /> DUE�N SALE-GONSENT �Y LEND�R. Lender may� at Lender's apt�on, de��are immed�ateiy due and payable a�1 sums
<br /> secured by�h�s Deed of Tru�t upon the sale�r trans�er, withvut Lender's prior wr�tten cons�nt, o�all ar any part o��he
<br /> F�ea� Praperty, or any interes�in the Rea! Proper�y. A "sale or trans�er" means�he can�eyance of Rea� Pr�perty �r any
<br /> righ#, title vr interest in �he �ea� Praperty; whe�her legal. beneficial or equ€tab�e; whether �a�un�ary o� in�ofuntary;
<br /> rrvhe�he� by outright sale, deed, �nstal�ment sale contra�t. fand �on�rac�, cvntract for deed, leasehald in�erest wi�h a
<br /> term greater than thre� t33 ��ars, lease-�pt��n can�rac�, or by sale, assignment, ar transfer�f any ben��icial interest En
<br /> or t� any �and trust hv�ding �itie to the Rea[ Prop�rty, o� by any other methvd vf con�eyance o� an in�erest �n the Real
<br /> Property. Hvwe�er, �his ❑p�ian sha�� not he exercised by Lender ��F such exercise is prohi�i�ed by federal law vr by
<br /> Nebraska law.
<br /> TAXES AND L1ENS. The fo��owing pra��sivns refating ta the taxes and liens on the Prap�r�y are part vf this ae�d v�
<br /> Trus�:
<br /> Payment. Trus��r shalf pay ►nrhen due 4and in af€ even�s pri�r t❑delinquency} a�!taxes, specia��axes, assessmen�s,
<br /> cha�-ges {�n�iuding wate�and sewer}, fines and impositions 1e�ied against or❑n accvunt❑�the Prvperty, and shall
<br /> pay when due a�l cla�ms �or wvrk done on or far serv�ces rendered or materia� furnished to #he Property. Trustor
<br /> shall maintain the Prop�rty free o�al� liens ha�ing priority o�er or equal tv�he interest o�L�nder und�r this �eed af
<br /> Trust. except �or �he fien v� �axes and assessmen�s not due and except as otherwise pro�ided in this ❑eed of
<br /> Trust.
<br /> Right to Contes�. Trusto�may withho�d payment v�any�ax, assessmen#. or claim in connecti�n with a govd faith
<br /> dispute o�er the obligativn to pay. sa l�ng as L�nder's interes�in the Property is not jevpardized. ff a lien arises or
<br /> is �i1ed as a resuft vf nc:npayment, Trustor shall with�n #ifteen t 1 a} days af�er the �Een a�ises or, i� a lien is filed,
<br /> within fifteen {15� days a�ter Trustor has nati�e v� the fifing, secure the discharge ❑f the �ien, or it requested by
<br /> Lender, deposit w�th Ler�d�r cash vr a sufficient�orpora�te sure�y bond or vth��security sa�isfactary�a Lend�r in an
<br /> amoun�sufficient to discharge the �ien plus any costs and attorneys' fees, ar other charges�hat could accrue as a
<br /> result of a�oreclasure�r sale under th� �ien. In any�ontest�Trustor shall defend itse��and Lender and shalf sa�isfy
<br /> any ad�erse�udgm�nt be�are enforcement against the P�operty. Trust�r shalf nam� Lender as an additiona! obfigee
<br /> under any surety bond furnished in the c�ntes�pr�ceedings.
<br /> EWidence v#Payment. T�-ustar shal[ upan demand furnish to Lender satis�a�tvey e�iden�e v� payment o�the taxes
<br /> �r assessments and shal� authorize the apprvpriate ga�ernmental ofificiaf ta del��er ta Lender at any time a writ�en
<br /> stafiement of the taxes a�d assessments against the Prvperty.
<br /> Nat�ce o�Canstruc��on. Trustor shalf nvtify Lender at leas�fifteen 4�53 days befare any wark is commenced, any
<br /> ser�ices are �urn�shed, �r any mat�riafs are supplied t�the Proper�y, i�any mechani�'s lien, materialmen's fien, or
<br /> oth�r lien cauld b� ass�rted an accaunt v� the wor�. ser�ices, or materiafs and the cos� exceeds $�,4�Q.4�.
<br /> Trus�vr wiil upon request o� Lender furnish tv Lender ad�ance assurances satisfactory �o Lender that Trustor can
<br /> a nd wi f f pay the cas���such impro�ements.
<br /> PR�PERTY DAIVIAGE 1NSUR�NCE. The '�o�[owing p�o�isions relating ta �nsuring �he Praperty are a par�of this Deed o�
<br /> Trus�.
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