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2� 1 ��� 153
<br /> DEED �F TF�U�T
<br /> Loan Nv: 'I�'I 29854'1 �Continued} Page �
<br /> Gredit Agreerri�nt frQm tim� #v time from zert� up t❑ the Credit Limit as pro►►ided in the Cred�t Agreement and any
<br /> intermediate haian��.
<br /> Trustor presently asSigns t� Lender �also kno�n as Beneficiary in this Qeed ❑f Trust� all af Trustor's right, �it1e, and
<br /> interest in and ta all present and future leases of the Property and all Rents from the Property, In addition, Trustor
<br /> grants tv Lender a Uniform Commercial Code secur�ty interest in the Per�anal F�roperty and Rents.
<br /> TH�S aEE� �F TRUST, INCLUDING THE AS�IGNMENT DF RENTS ANL� THE SECURITY INTEF����' IN THE RENTS AN�.7
<br /> pERSaNAL PR�RERTY. �5 GIVEN T� SECURE {A} RAYMENT �F Th�E INDEBTEI]NESS ANa �By PERFnRMANC� (]F
<br /> EACH L1F TRUST�f�'S A�REEMENTS AND �BLIGAT1nNS UNt]ER TH15 DEED �F TRUST. THIS DEED �F T#�UST IS
<br /> GlVEN AND ACCEPTE❑�N THE F�LLaWIN� TERMS:
<br /> PAYMENT ANQ PERFpRMANGE. Except as vtherwis� prv�ided in this Deed of Trust, Trustor shall pay �❑ Lender all
<br /> amqunts secured by this De�d af Trust as they �e�ome du�, and shall strictly and in a tim�ly manner perform aii Qf
<br /> Trus��r's obligati�ns under the �red�t Agreement, this Deed of Trust, and the Related Qocum�n��.
<br /> PC7SSESSI�N AND MAINTENANGE �F THE PR�PERTY. Trustor agrees that Trustor's pass�ssion and use af the
<br /> Property sha�� be go�erned by the fallowing pra�isions:
<br /> P�ssession �nd Use. Unti� the aGcurren�e �f an Event fl� aefauit, Trustor may ��� remain in passession and
<br /> cantral vf the Prap�rty; ��� use, operate ar manage the Property; and {3} cal�e�t the Rents from the Pra��rty.
<br /> i�uty #� IVlaintain. Trustnr shall maintain the Pr�p�rty in govd �ondition and pr�mptly perform all repairs,
<br /> replacements, and maintenance n�cessary tv preser�e its �alue.
<br /> Hazardous Substances, Trustor represents and warrants that the Property ne�er ha� been, and n��er will be sv
<br /> long as this ❑eed of Trust remain� a lien on the Praperty, used far the generation, manufacture, stora��,
<br /> tr�a�ment, disposal, release vr threaten�d rele�s� af any Hazardaus 5ubstance in �iolativn a� �ny En�ironmenta�
<br /> Laws. Trustor authori��s Lend�r and its agen�s ro enter upon th� Praperty ta make such insp��tions and test� a�
<br /> Lender may deem approprsate to determine camplian�e o� the Property with thi� sectiqn af the ❑�ed af �rust.
<br /> Trustor her�by �17 r�leases and wai�es any future claims aga�nst Lender for ind�mni�y ar cantribution in the e��nt
<br /> Trus�or beGc�mes liable for cleanup nr �ther casts under any such laws, and {Z� a�re�s to indemnify, def�nd, and
<br /> hvld harmless Lender against any and all claims and �o�ses resulting fram a breach ❑�this para�raph vf the ❑eed o�
<br /> Trust, This obligativn ta indemnity and defend shall �ur�i�e the paymen't vf the Indebtedness and the satisfactian
<br /> o�this Deed of Trust.
<br /> D�IE DN SALE- C�NSENT' BY LEN�ER. Lend�r may, at Lender's aptivn, declare immediateiy due and payabl� all sums
<br /> secured by this ❑eed of Trust upon the safe or transfer, without Lender's prior written cansent, vf all ❑r any part �f the
<br /> R�al Property, ❑r any interest in the Real Property. A "saie nr transfer" means the can�eyance o� Reai Proper�y ❑r any
<br /> right, title �rr interest in the Real Prop�rty; whether �egal, beneficial or equitable; whether ���untary or in�oluntary;
<br /> wheth�r by o�trFght sale, d�ed, installment sale �antract, land cantract, �vntr��t f�r deed, I�as�hcald interest with a
<br /> term gr�ater than three �3� y�ars, lease-aption �vntract, �r by sale, assignment, or transfer pf any benefic�al interest in
<br /> or ta any land trust holding title to the R�a� F'�o�p�rty, or by any other method of can�eyan�e of an ir�t�rest in th� Real
<br /> Property. Hawe�er, this option shall nat be eacercised by Lender if such exercis� is prahibited by fed�ral law or by
<br /> N�braska law,
<br /> TAxES AND LIENS. The fvllawing pro�isions r�fat+nc� to the taxes and tiens ran the Property are part of this Deed ❑f
<br /> Trust:
<br /> Paym�nt. Trustvr shall pay wh�n due f and in al� e��nts pri�r tv delinquenGy� a�l taxes, special taxes, assessmen�s,
<br /> charges �inciuding water and $ewer�, fines and impositions le�ied against ar ❑n a�count ❑f the Prop�rty, and shall
<br /> pay when due all claims far work dvn� vn ❑r for ser�ices rendered vr material furnished ta the Property. Trustor
<br /> shall maintain the Pr�per�y free of all liens ha�ing pri�rity over ar equal t�the int�rest ❑f Lender und�r this �eed o�
<br /> Trus�, �x�ept for th� ��en o€ taxes and asse�sments nat due, except �vr the Exis�ting lndebtedness referred to
<br /> h�lvw, and except as otherwise prov�d�d in fihis D�ed ❑f Trust.
<br /> PRUPERTY DAMAGE INSURANCE. The fvllowing pra�isions relating to insuring the Property are a part of this C]eed af
<br /> Trust.
<br /> Maintenan�e o�f lnsurance. Trustar shall procure and maintain pvlicies af fire insurance with standard �xtended
<br /> �o�erage endorsements �n a fa�r valu� basis for �he �ull insurable �aiue co�ering ail Impra�ements �n the Real
<br /> Prap�rty in an amount suf�ici�nt to a�o�d appiicativn of any coin�uranc� �lause, and v�rith � s��ndard mortgag��
<br /> ��aus� in fa�Qr�f Lender, �vgether with such other hazard and liability insurance as Lender may reasona�ly require.
<br /> Policies shalf be written in form, amaun�s, �o�erages and basis reasonably acceptable xo Lender and issued by a
<br /> company �r compan�es r�asonably ac�eptable to Lender. Trustar, up�n request of Lender, will d�f i�er to Lender
<br /> from time to tims the p�lici�� or certificates af insurance in form satisfactory to Lend�r, including stipu�ati�ns that
<br /> c��erages will not be c�ncelled �r diminished withaut at E�ast ten {1 a� days prior written notice t� Lender. Ea�h
<br /> inS�rance poli�y als� shall ir�Clude an end�rsem�nt providing that �v��rage in fa�or af Lend�r will not be impaired
<br /> in a+�y way by any act, amissian or defauit af Trustvr or any other p�rsan. Shvuld the Real Property be Ivcated in
<br /> �n area designated by the Admin�stratar of the Federal EmergenGy Management Agency as a special flood ha�ard
<br /> ar�a, Trustv� agrees to obtain and maint�in Federaf Flaod Insuran�e, if a�aila�le, far the maximum amount of
<br /> Trustor's Gredit line and the full unpaid principal balanGe vf any prior iiens on the praperty securin� the loan, up to
<br /> the maximum policy limit� set under the National Flood �nsurance Pragram, ❑r as otherwise required by Lender, and
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