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2� 1 ���892
<br /> DEED �F TRUST
<br /> Laan Na: 1�7�9927� {Continued� Page �
<br /> Trustor presently assigns to Lend�r �alsa known as Beneficiary in this Deed �f Trust� all of Trustor's right, title, and
<br /> interest in and �a a!1 present and futur� leases of the Property and all Rents fr�m the Proper�y, In addition, Trustvr
<br /> grants ta Lender a Uniform Commercial Code security interest in the Persanal P�operty and Rents.
<br /> THIS DEED �F TRUST. INCLLIDlNG THE ASSIGNMENT DF RENTS ANQ THE SECURITY lNTEREST IN THE RENTS AND
<br /> PERS�NAL PR�PERTY, IS GIVEN T� SECURE {Ay RAYMENT �F THE lNDE6TEDNESS AN❑ {By PERF�RMANCE nF
<br /> EAGH �F TRUSTDR'S AGREEMENTS AND �BLiGAT�DNS UNDER THIS DEED �F TRUST. THIS DEED []F TRl35T IS
<br /> GiVEN AND AC�EPTED �N THE FDLLQVIlEiVG TERi1115:
<br /> PAYMENT AND PERFQRMANCE. Except as vtherwise pra�ided in this Deed af Trust, Trustor shall pay ta Lender all
<br /> amounts secured by this ❑eed Qf Trust as they become due, and shall strictly and in a timefy manner perform al� of
<br /> Trustor's ❑bligativns under the Credit Agreement, this Deed of Trust, and the Related Do�uments.
<br /> PC]SSESSi�N AN❑ MAINTENANCE QF THE PR�PERTY, Trus�ar a�rs�s that Trustar's possession and use ot the
<br /> Prvperty shall be go�erned �y the fallowing pro�isivns:
<br /> Possessivn and Use. Until the o�curren�e vf an E�ent vf De#ault, Trustor may t1 y remain in possession and
<br /> contrvl ❑f the Property; �2y use, operate vr manage the Property; and �3} collect the Rents fram the Property.
<br /> Duty ta Maintain. Trustor shall ma+ntain the Praperty in goad cvndition and promptiy perf�rm all repairs,
<br /> rep�acements, and maintenance necessary#❑ preser�e its�alue.
<br /> Hazardous Substances. Trustar represen�s and warrants �hat the Property ne�er has been, and ne�er wilf be s❑
<br /> long as this Deed of Trust remains a lien ❑n the Property, used for the gen�ration, manu#acture, st�rage,
<br /> treatment, disposal, re�ease or threatened release af any Hazardaus Substance in �ioiatian af any En�ironmental
<br /> Laws. Trustor autharizes Lender and its agents t� enter upon the Property to make such inspe�tions and tests as
<br /> Lender may deem apprvpriate ta det�rmine compliance vf the Prop�rty with this sec�ion of �he Deed of Trust,
<br /> Trustor hereby �1 y releases and wai�es any future claims against Lender for indemnity or can�ributinn in the e�ent
<br /> Trust�r becames liabie f�r cleanup or ❑ther costs under any such laws, and {2} agrees ta indemnify, defend, and
<br /> hald harmless Lender agatnst any and aif claims and losses resulting from a hreach af this paragraph vf the Deed of
<br /> Trust. This obligatian to indemnify and d�fend shall sur�i�e the payment o� the �nde�t�dness and the satisfaction
<br /> af this Deed ❑f Trust.
<br /> DUE aN SALE - G�NSENT BY LENDER. Lender may, a�Lender`s vpti�n, de�lare immediately due and payable ali sums
<br /> secured by this C�e�d ❑f Trust upon the sale ar transfer, without Lender°s prior written consent, ❑f ai� or any part af the
<br /> Rsal Praperty, or any int�rest in the Real Proper�y. A "sale or transfer" means the cvn�eyance vf Real Pr�perty �r any
<br /> right, title or int�rest in the Real Property; whether legal, b�neficial or equi�able; whe#h�r �aluntary or in�oiuntary;
<br /> wheth�r by ❑utright sale, deed, installment sale c�ntract, fand cantract, c�ntract �or deed, leasehold inter�st with a
<br /> term greater than three t3� years, lease-op�Cion contract, �r by sale, assignment, or transfer of any ben�ficial interest in
<br /> or t� any �and trust holding title to the Rea! Property, ar by any ather methad af �on�eyance ❑f an interest in the Rea�
<br /> Property. Howe�er, this �ption shall nvt be exercised by Lender if such exerctse is prohibited by federal !aw ar by
<br /> Nebraska iaw.
<br /> TAxES AND LIENS. The following pra�isions relating to the taxes and �iens ❑n the Property are part of this Deed ❑f
<br /> Trust:
<br /> Payment. Trustor shall pay when due �and �n all e�ents prior to delinquen�y� a�l taxes, speciai taxes, ass�ssments,
<br /> charges tin�luding wat�r and sewery, fines and impositions le�ied against or ❑n accaunt of the Property, and shall
<br /> pay when due afi �laims far work done on ar for ser�ices r�ndered ar material furnish�d to the Prapert�. Trustar
<br /> shall mainiain the Property free of all liens ha�ing priority ❑�er ar equai to the interest a� Lender under this Qeed of
<br /> Trust, �xcept fior the lien ❑f taxes and assessm�nts nat due, except for the Existing Indebtedness referred to
<br /> belaw, and except as otherwise pro�ided in �his Deed of Trust.
<br /> PR�PERTY DAMAGE lNSL1RANCE. The tollowing pro�isions relating to insuring the Property are a part ❑f this Desd of
<br /> Trust.
<br /> N[aintenance ot �nsurance. Trustar shall praGure and maintain policies af �ire insurance with standard extended
<br /> �o�erag� endnrsements on a ta�r �alue �asis far the full insurable �a�ue ca�ering a!I �mpro�ements on the Real
<br /> Prope�ty in an amaunt sufficient to a�oid application of any coinsurance clause, and with a standard martgagee
<br /> clause in fa�or�fi Lender, t�gether with such other hazard and liability insuran�e as Lender may reasonably r�quire.
<br /> Palicies shall be written in form, amounts, �oWerages and bas�s reasanably ac�eptable t❑ Lender and issued by a
<br /> �ompany or Companies r�asonahly a��eptable t❑ Lender. Trustor, upon requ�st vf Lender, will deis�er tr� Lender
<br /> firom time to time the pvlicies o� certi�icates vf insurance in form satisfactary to L�nder, inciuding s�ipula�ions that
<br /> co�erag�s will not he cancelled ar diminished without at I�ast ten �1�7 days prior written n�ti�e to Lend�r. Each
<br /> insurance po�icy alsa shalf include an endorsemen# proUiding that �o�erage �n fa�ar of Lender wil� nat be impaired
<br /> 'sn any way by any act, ❑missi�n ❑r default of Trustor ❑r any other persan. 5hould the F�eal Proper�y be I�cated in
<br /> an area designated by the Administratar of the Fe�eral Emergency Management Agency as a speciai tlood hazard
<br /> area, Trus#or agrees tv nhtain and maintain Federal Flood lnsurance, if a�ailable, fior �he max�mum amnunt v�
<br /> Trustvr's �redit line and th� full unpaid principal balan�e of any pr�or liens on the property securing the ioan, up to
<br /> the maximum policy limits set under the National Fla�d Insurance PrQgram, or as otherwise re�uired by Lender, and
<br /> t❑ maintain such insurance for the term af the Ioan.
<br /> LENDER'S E�CPENDETURES. If Trustor fails (A� t� keep the Property free ❑f ai� tax�s, liens, security interests,
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