|
� 2� 1 ���589
<br /> �iu
<br /> s:�- �;rti� �j��
<br /> ���� �F �r�v��
<br /> ���t�t�nued} �'a9� �
<br /> Trus�or's vv�nership a'�the Praperty, �here has beer�no uss,generation, manufac�u�e,storage, treatment,dispasal,
<br /> release o€�#hreatened r�elease af any Hazardous 5ubstance by any person on, under, about or from the Prape�ty;
<br /> �2} Trustar has no knawl�dge o�, ar�easan#o belie�e that ther� has been, exc�pt as previvusly d�sclosed#o and
<br /> acknow�edged by L�nder in wr�ting, �a} any breach or �iolation o�F any Enviranmental Laws, �b} any use,
<br /> generation, manufac#ure, storage, tre�tmenf, dE�posal, re�eas�or threatened release af any Hazardous Substance
<br /> on, under, about or firom the Property by any p�ior owners or occupants of the Prvperfy, or (c} any actuai or
<br /> threatened fitigatian or cla�ms of any kind by any person re�ating �v such ma�t�rs; and �3} Ex�ept as pre�iously
<br /> disc�osed ta and acknowledged by Lender in writfng, �a} neither Trus�or no�any�enant, con#ra�tor, agent or other
<br /> au�h�rized user o'�#he P�vperty shall use, generafie, manu�acture, st��e, treat, dispose of vr release any Hazardous
<br /> Substan�on, under, about or'�rvm�he Prvp�rty; and �b} any such acti�ifiy shall be conducted in compliance w�th
<br /> ail app�icable f�deral, sta��, and focai laws, regu�ations and ardinances, inc�uding without limitat�on a41
<br /> En��r�nmental Lavvs. Trustor autharizes Ler�der and �ts agents �o en�er upon the Propert� �o rnake •such
<br /> inspe�tians and tes#s, at Trustor's expense, as Lend�r may deem app�vpriat� to determ�ne comp�iance of the
<br /> Praperty with this section of�he D�e�d af Trust. Any inspec�ions a�tests made by L�nder sha!! be for Lende�'s
<br /> purpases on�y and shall no#be c�ns��ued to create any responsibil'rty or liab�lify vn the part nf Lender to Trustor ar
<br /> t� any other p�rson. The re{aresen�ations ar�d�varranfies contained herein a�e based on Trustor's due d4ligence in
<br /> in�estigating the Praperty �ar Hazardous Subs#ances. Trustor hereby t1} releases and wai�es any'�u�ure claims
<br /> aga�ns# Lender for indemni#y or can�ribu#�on in the e�ent Trustar becomes iiable fo� cleanup or other cvs�s under
<br /> any such laws; and ��} ag�ees to indemn�€y, defend, and hold harmless Lende�against any and all claims, losses,
<br /> 1�abilities, damages, penalties, and expenses which Lender may dir�ctly or�ndirectly sustain�r sufFer resulting fram
<br /> a �rea�h of�his section nf the Deed of Trust or as a consequ�nre of any use, generatinn, manufac�ture, storage,
<br /> disposal, release ar threatened release occurring pr'ior�o Trustor's awnership ar�n�eres#in�he Prap�rty,vvhether or
<br /> r�a��he same was �r should ha�e been knawn to Trustor. The pro�is�ans o'f this sectian of the Deed o�Trus�,
<br /> including the obliga��o�to�ndemni�y and defend,shall sun�i�e the paymen�of�h�lndebtedness and the sa�isfactian
<br /> and�ecan�eyance of the lien of fhis Deed of Trust and�hal�not be affected by Lender9s acquisition of any 3nt�rest
<br /> in�he Property,wheth�r by forec[osure��othe�vvise. .
<br /> Nuisanc�, �11�'�steo Trustor shafl nat cause, Gonduct ar perm�t any nuisance na� carnmit, permit, or suf�er any
<br /> strippin� of or irvast� on ❑r �o the Prvperty vr any po�ion af the Property. lNithout limiting the �enerality of the
<br /> fareg�ing, �rustor will na�remvue, ❑r grant to any v#h�r party the righ�to remove, any�imber, mine�als��nciuding
<br /> oil and gas},coal, ciay, s�oria, soil, gra�el ar rock praducts without L�nder's p�iar wr�##en consent.
<br /> Remaval of imprvvemen�s. Trustar shall nat demolish�r remave any Imprvvements from the Real Property wfthaut
<br /> Lend�r's priar v�rr�t�en cvnsent. As a candition'�o th� remova3 of any lmprovements, Lender may require Trustor�o
<br /> make arrangements sat�sfactory t� Lender to replac� such lmpro�ements with lmprovements of af �east equal
<br /> �alue.
<br /> Lender°s �ight to Enter. Lender and Lende�'s agents and repr�senta�ives may enter upan the F�eai Proper#y at all
<br /> reasonable t�mes ta a�tend to Lender`s interests and t❑ inspe�t the Real Prope�ty fvr purpvses a� Trus�or's
<br /> �ompl�ance wi�h #he�erms an� condit�ans af�his Deed vf Trust.
<br /> Compl�ance with Gavernmental Requ�remen�s. Trustor shal� prvmptly cvmply with alf laws, vrd�nan�es, and
<br /> regu�a#ians, now vr hereafte� in e�fe��, afi a�l governmental au�horiti�s app[icable to the use ❑� ocGupan�y of fihe
<br /> Proper�y. Trustor may�ontest in good faith any such �av�r, ordinance,o�r�gula�ion and v►rithhold cvmp�ian�e during
<br /> any proceeding, including approp��a�e appeass, so �ang as Trusfior has natified Lender in wrEting prio� �a doing s�
<br /> and sa long as, in L�nder's sole apinion, Lender's in�erests in the Proper�y are nat jevpard�zed. Lender may�equire
<br /> Trustor�o post adequa�e s�curity or a�ure�y bond, reasonably safisfac�flry to Lender,to pr�tect Lender's interest.
<br /> Duty ta Protect. T�ustor agrees neith�r tv abandon or �eave unat�ended the P�ape�ty. Trustvr shall dv alI ��her
<br /> ac�s, �n addition �o thase acts set'�orth a�o�e in�h�s se�#ian,which fram the character and use af#h� Property are
<br /> �easonably necessary to p�ote�t and presenre�he Pro�erty.
<br /> D�E aN SALE�C�NSEWT BY LEN�ER. Lender may, at Lender's ap�ian,declare immediately due and paya�le a�l sums
<br /> se�ured by this Deed o'�Trust upan the safe ar transfer,withoufi Lender's prior written cansent, of ail or any part of th�
<br /> Real Praperty, vr any interest in the Real Property. A "sale ❑r transfer" means the cvnveyance af Rea[ Proper�y or any
<br /> right, t�t�e or interes� in the Real Praperty; whether legal, heneficial or equitah[e; �rvheth�r voluntary ❑r invoiuntary;
<br /> whether by �u#r�ght sale, deed, instalfinent sa�e cantrac�, land �ont�ac�, cvn��act far deed, �easehofd infer�st with a
<br /> term greater than three �3}years, lease-vption �ontrac�, or by saEe, assignmen�, or transfe�of any beneficial interest in
<br /> ar ta any land trust hald�ng title #o the Real P�aperty, or hy any v�her methad of conveyance of an in�erest in �he Real
<br /> P�operfy. However, th4s ❑ption shall not be exercised �y Lend�r [f such exercise is prohibited �y federal law a� by
<br /> Nebraska faw.
<br /> TA�CES AND L[ENS. The foi�owing provisions relafiing t� �he �axes and liens on the Proper#y a�e part of this ❑eed of
<br /> Trust;
<br /> Payment. T�ustor shai�pay when due �and�n al��v�nts prior�o de�inquency}a�l t�xes, specia[taxes, assessments,
<br /> charges �including water and sewer}, fines and imposi�ions le�ied against ar on accaunt o�the Property, and shall
<br /> pay when due ali claims for wv�k done an or for services rendered ❑r material furnished t❑ �he P�aper�y. Trustar
<br /> sha�� main�ain the Praper�y#ree af al! liens havin�pr���ity over�r equaf to�he int�rest�f Lender under this Deed af
<br /> Trust, except f�r the lien ❑t taxes and assessments nv� due and except as Qtherwise p�ovided in this Deed of
<br /> T�ust.
<br /> Right tv Confest. Trus#or may withhafd payment af any fiax, assessment, ar c�aim in Gannecti�n wi�h a goad fai�h
<br /> dispute o�er th�abiigation to pay, sv fong as Lender's interest in the Property is no�jeopa�dized. If a lten arises or
<br /> �s fil�d as a �esul� af nonpayment, Trustor shall wi�hin fifte�n ��5} days after th� Iten arises �r, i'f a lien is filed,
<br /> within fifte�n ��5} days af�er Trus�or has na�ice of the �iling, secure the discharge af the �ien, ��r ifi requested by
<br /> Lender,depvsi�with Lender cash ar a suffEcien�corpora�e sur��y b�nd or other security satisfa�tory tv Lender in an
<br /> amaunt suffic�ent�fl discharge the [ien pfus any�osts and a�torneys'fees, ❑r❑ther charges that could accru�as a
<br /> resul��f a t�oreciosure ar sale under the lien. In any con�es�, Trustor sha�3 de�end itse��and Lender and shall satisfy
<br /> any ad�erse judgmen�bef�re en#vrcemen�aga+nst#h� Praper�y. Trustor sha�E name Lender as an addi��onal obligee
<br /> unde�any surety b�nd#urnished in the confiest praceedings.
<br /> E�idence of Paytn�n#. Trustar sha�l upon d�mand turni�h ta Lender sa�isfactory e�idence o�payment a��he taxes
<br /> o�-assessments and shall autharize the apprvpria�e governmenta� ❑ffi�ial t❑ deliWe��o Lender a�any time a wri��en
<br /> statement of the taxes and assessments agains�the Prvperty.
<br /> Noti�e �f Gvnstruc�Eon. Trustor shall nati�y Lender at least fifteen ��5} days befare any work is �ommenced, any
<br /> services are furnished, or any materials are supplied to the Prvperty, i�any mechanic's lien, materialmen's fien, ar
<br /> other I�en cou�d be assert�d ❑n accaunt of the wark, ser�i�es, o� materials. T�us�or wi[� upvn r��uest of Lender
<br /> furnish tv Lender advance assurance� sa�is�actory to Lender that Tru��Qr can and will pay the cost v� such
<br /> impro�emen�s.
<br /> PROPERTY ❑AMAGE lNSURANCE. The follawing provis�ons refa�ing�a insur�ng the Praperty a�e a part of this Deed of
<br /> Trust.
<br /> Main�enance vf lnsurance. Trusta�r sha�f prvGure a�d main�ain policies of fire insuranGe with standard ex�ended
<br /> cvverage endorsemen�s on a fair va�ue basis �ar the full insurabl� valu� cvvering all �mpraWement� �n �he Real
<br />
|