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2� 1 ���913
<br /> DEE� DF TRUST
<br /> L�an No: '��'i�9937� �Cantinu�d} Page 3
<br /> such law, ❑rdinanGe, or- regulatian and withhold compliance during any prviceeding, including appropriate appeals,
<br /> so long as Trustor has no�ified Lender in wri�ing p�-iar to daing so and sa long as, in Lender's svle opinivn, Lender's
<br /> interes�s in �he Proper�y are not jeapardized. Lender may require Trus�vr t❑ post adequate securfty o� a surety
<br /> hond, reasonably satisfacfory ta Lender,t❑ prv�ec�L�nder's interest.
<br /> Du�y to Protec�. Trus�or agrees neither �o abandon ❑r �eave unat�tend�d the Proper�y. Trustor shall da af[ other
<br /> acts, in addition���hose a�ts set far�h abo�e in fihis s�ction, which from the �haracfier and use ❑�the Property are
<br /> reasonahly ne�essary tv pro�ec�and preser�e the Praperty,
<br /> ❑UE aN SALE- CaNSENT BY LENDER. Lender may, a� Lender's ❑ption, declare imm�diatefy due and payable all sums
<br /> secured by�his ❑eed ❑f Trus�upon the sale or trans�er, witlnou� Lender's prior written �vnsent, of all ❑r any part vf�he
<br /> Real Proper�ty, or any in�eres� in the Rea� Praperty. A "sale or transfer" means th� conveyance o�Real Proper�y ar any
<br /> right, title or interest in the Real Pr�perty; whe�her �egal, benefEcial ❑r equi�ab[e; whether �oluntary ❑r inWaluntary;
<br /> whether by autright saie, deed, instal�ment sale cont�act, land contract, contract �€or deed, Eeasehold �nterest wifih a
<br /> te�m grea�er�han three �3� years, lease--option �on�ra��, ar by sale, ass�gnment, or transfer of any beneficial in�erest in
<br /> ❑r to any land �rus� holding title�❑ the Rea[ Property, vr hy any vther me�hvd ❑� �vn�eyance of an interes� in th� Real
<br /> Property. Howe�er, this opfi€on shall not he exercised by Lender if such exercise is prohibi�ed by federal law ❑r by
<br /> Nebraska [aw,
<br /> TA�ES AND L�ENS. The f�llowing pro�isions rela�ing �o �he �axes and liens vn the Prvperty are par� ❑�this ❑eed o�
<br /> Trust:
<br /> Paymen#. Trustor shall pay when due �and in af[ eWents prior to delinquency} all�axes, special taxes, assessmen�s,
<br /> charges �including water and sewer}, �ines and impos�tions fevied agains� ❑r on accoun� of�the Prop�r'�y, and shal�
<br /> pay when due all claims for work done ❑n or for ser�ices rendered ar materia� �u�nished to the Prvperty. Trusfiar
<br /> shall main�ain�he Property free o�all liens having priori�y oWer vr equal �o fihe interest❑�Lender und�r this Deed ❑f
<br /> Trust, except for fihe lien vf taxes and assessments not due, excep� far the Existing Indebtedness referred �v
<br /> belaw, and except as ❑therwise prv�ided in�his Deed o-F Trust.
<br /> Righf tv Cnn�es�. Trusfiv�may wi�hhold payment❑f any tax, assessmen�, ❑r claim in connec�ion v�rith a good �Faith
<br /> dispu�e o�er the obliga�ian�❑ pay, s❑ long as Lender's in�erest in the Praperfiy is not jevpardized. �f a lien arises vr
<br /> is filed as a result af nonpaymen�, Trusfiar shaii within �s�teen ��5� days af�er �he iien arises or, if a �ien is �i[ed,
<br /> within fiifteen 4�5} days after Trus�or has n��ice of the filing, secure �he dischar�e o��he [ien, ar i� requ�s�ed hy
<br /> Lender, deposi�wi�h Lender cash or a su��i�ient corpara�e sure�y bond ❑r ather security satis�actvey to Lende�-�n an
<br /> amount sufficient to discharge the lien plus any casts and attorneys' fiees, or vther charges �ha�could accrue as a
<br /> result��F a�rare�losure ❑r sal� und�r�he [ien. �n any confiest, Trus�vr sha�l defend i�se[�and Lender and shall satis�y
<br /> any ad�ers�judgment before enfarcement agains�the Property. Trustar shaEl name Lender as an additiona� ❑bl�ge�
<br /> under any sure�y 1�and�urnished in the contest praceedings.
<br /> Evidence v�Payment. Trus�or shall upon demand furnish�o Lender sa�is�Factvey evidence of payment o�the taxes
<br /> or assessments and shall authvri�e the apprvpriate go�ernmental officia��❑ d�fi�er�❑ Lender at any time a written
<br /> sfa�emen�o�the taxes and assessments against the Prvper�y.
<br /> Notice vf Cvns�ruction. Trustar shaf I no�ify Lender at �east�ifteen ��5� days be�vre any work is cammenced, any
<br /> ser�ices are fiurnished, ❑r any materials are supp�ied t❑ the Proper�y, if any m�chanic's lien, mafierialmen's lien, or
<br /> other lien could be asserted on accoun� v��khe work, services, or mafierials. Trus�or will upon reques� of Lender
<br /> furnish �v Lender ad�ance assurances satistactory t❑ Lender �hat Trustor can and will pay the cosfi of such
<br /> impro�emenfis.
<br /> PR�PERTY DAMAGE INSURAN�E. The�o��owing prv�isivns refafiing �o insuring�he Prflperty are a part❑��his Deed of
<br /> Trus�.
<br /> iVlaintenance of [nsurance. Trus�vr shall prvcure and maintain pv�icies ❑� �i�-e insurance with standard extended
<br /> co��rage endorsements ❑n a fair value basis for �he fu�� insurable �alue co�e�-ing afE Imp�o�ements ❑n the Reai
<br /> Prvperty in an amoun� suffi�ient to avoid app�icat�on of any �vinsurance c3ause, and wEth a standard markgage�
<br /> clause in faWor of Lender. Trustar shall alsn prvcure and main�ain comprehensiWe general liabili�y insurance in such
<br /> ca�erage amaunts as L�nder may request with Trustee and Lender being named as addi�ional insureds in such
<br /> liahility �nsurance policies. Additionally, Trustar sha�� main�ain such other insurance, including laut not limi�ed to
<br /> hazard, business in�erruptivn, and bvi�er insurance, as Lender may reasonably require. Policies shall be wri��en in
<br /> fvrm, amvun�s, coverages and hasis reasvnably acce�talale t❑ Lender and issued by a �ompany ❑r campanies
<br /> reasonab�y accep�able �o Lender. Trustvr, upon reques� vf Lender, will def i�er �❑ Lender #rom time �v time the
<br /> polic�es or cert�ficates ❑f insurance in �o�-m satisfactary ta Lender, inc�udin� sfiipulations �ha�k c��erages will na� be
<br /> cance��ed or diminished without at least ten {��} days prior wri��en no�ice �❑ Lender. Each insuranc� policy als❑
<br /> shall include an endarsement pro�iding�ha�co�erage En-�a�or of Lender will no�be impaired in any way�y any act,
<br /> omission vr defaul� ❑f Trus�or❑r any other person. Should the Rea! Property be laca�ed in an area designated by
<br /> the Adminis�ra�or of the Federal Emergency Managemen-�Agency as a special flood hazard area, Trus�tar agrees t�
<br /> ohta�n and main�tain Federal Fload lnsurance, �� a�ailahl�, within 45 days after no�ice [s gi�en by Lender that �he
<br /> Property is located in a speciai�Iood hazard ar-ea, far�he full unpaid principal balance of the laan and any prior liens
<br /> ❑n�he praper�y secur�ng the I�an, up�o the maximum policy limi�s sefi und�r the National Flood �nsurance Pragram,
<br /> ❑�-as ❑fiherwise requEred hy Lender, and ta maintain such insurance�ar the�erm of the loan.
<br /> Applica�ivn v�Proceeds. Trustor sha�[ pramptly noti�Fy Lendsr vt any fvss a�damage t��he Proper�y. Lender may
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