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2� 1 ��7229
<br /> �EED �F TFtU�T
<br /> ��ont��ued� Page �
<br /> En�ironmental Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such
<br /> inspections and tests, at Trust�r's expense, as Lender may deem apprc�priate ta determine compliance af the
<br /> Praperty with this section ot the aeed of Trust. Any inspections or tests made by Lender shall be for Lender's
<br /> purposes only and shal� not be construed ta �reate any r�sponsibility or liability❑n the part of Lender to Trus�or or
<br /> to any ath�r pers�n. The representations and warranties con�ained herein ar�based on Trus#ar's due d�liger�ce in
<br /> in►►estigating the Prvperty for Hazardous Substan�es. Trustor hereby {'I} releases and wai�es any future claims
<br /> againsi Lender fvr indemnity or con#ribution in the e�ent Trustor becomes liabte for cleanup or other costs under
<br /> any such 1aws; and �2} agr�es to ind�mnify, de�end,and haid harmless Lender against any and al�c�aims, Ivsses,
<br /> �iabilities, damages,pena��ies, and exp�nses which Lender may directly or�ndirectly sustain or suffer resulting fram
<br /> a breach vf this se�t�on af the Deed vf Trust or as a�onsequence o�any use, generation, manu�acture, storage,
<br /> disposal,rel�ase or threatened release occurring prior t�Trustar's awnership or interest in the property,whefher or
<br /> nat the sam� was or shauld ha�e been knawn to Trustar. The pro�isians of this section af#h� Deed of Trust,
<br /> inciuding the obligatian to indemntty and detend,shall s�rv�v�the payment af the Indebtedness and the satisfaction
<br /> and r�c�nveyance Qf the lien of this Deed�f Trust and shall not bs affect�d by Lender's acqui�ition of any interest
<br /> in the Prape�ty,whether by fo�eclosure vr�therwise.
<br /> Nu�sance, Vl�aste. Trustar sha�l not caus�, condu�t ❑r permit any nutsanoe nor commi�, permit, or suffer any
<br /> stripping of or waste on �r tq #he Pr�perty or any partian af the Pr�aperty. Without Irm�ting the generafity�f the
<br /> foreg�in�, Trustnr w�ll na#remoue, vr grant t�any other party the right to remove, any#imber, minerals t�n�luding
<br /> ❑il and gas�,c�a�,clay,scoria,soil,gra�el ar rock products without Lender's privr wri#ten consent.
<br /> Rema�al af lmpro�ements. Trustar sha11 not demolish or remo�e any Impra�ements from the Real Praperty withvut
<br /> Lender's prior written�onsent. As�conditi�n to the remo�a�❑f any Impra�ements,Lender may require T�ustor tn
<br /> make a�ran�ements satisfactory to Lender to rep�ace such lmpra�ements w�th lmpro�ements of a# least equal
<br /> u��ue.
<br /> Lend��'s Right to �nter. Lender and Lender's agents and repr�sentatiWes may enter upon the Real Prvperty at all
<br /> reasonable tim�s to attend to Lender's tnterests and to inspect the Real Prvperty for pu�-poses vf Trustor's
<br /> compliance with the terms and conditions af this deed�f Trust.
<br /> Compliance with Go�ernmental Requirements. Trustor shall prompt�y cQmpfy with a�� laws, v�dinan�es, and
<br /> regulat�ons, naw or herea�te� in effec#, ❑t al� go�ernmentai author�ties app�icable #o �he use vr vccupancy af the
<br /> Prape�. Tn.,s�vr may cvnt�st in gaod fai#h any such law,ordinance,or regulation and withhald cvmpliance during
<br /> any proceeding, including apprapriate appeals, so lang �s Trustor has natifi�d Lender in writing prior tv doing sv
<br /> and sa�ong as, in Lender's sv�e opinion, Lender's ir�t�res#s in ths Pro�sr��are noi jeopardiz�d. Lender may require
<br /> Trustvr#o pos#ad�quate security or a suret�bond,reasonably satisfactory tv Lender,t4 protect Lender's inTerest.
<br /> Duty to Pratect. T�-ust�r agrees neither to abandon or ieave unattended the P�-operty. Trustor shall do a!� vther
<br /> acts, in additivn t�thc�se acts set fnrth aba�e in this section,which fram the ch�ra�ter and use vf the Prop�rty are
<br /> reasonably necessary ta prate�t and preserve#he Property.
<br /> DUE aN SALE-C�NS�NT BY LEND�R. Lender may, at Lender's option,declare immediately du�and payabfe all sums
<br /> secured by this Desd of Trust upon t�e sale or trans�er, withaut Lender's priar written cvnsent,vf a�l or an�►part of the
<br /> �ea!Preperty, or any inte�'�st in the Real Property. A "sale or transfer" means the �anveyance of Reai Property or any
<br /> right, tit�e or interest in the Real �'roperty; whether legal, beneficial or equitable; whether �oluntary ar invv(untary;
<br /> whether by outright saie, deed, insfa�lment sale �on#ract, land cantrac#, con#�act tar deed, I�aseho#d interest with �
<br /> term greater#han three{3}�ears, lease-option �vntrac#, ar by sa�e, assignment, or transfer of any beneficial interest in
<br /> or to any land trust holding title ta the Real Property, vr by any other method of conveyance af an interest in the Real
<br /> Property. However, this opti�n shall not be exercis�d by Lender if such exercise is prohibited by federal law or by
<br /> hiebraska law.
<br /> T►�CES AND LIE1�5. The fo��owing p�ovisions relating to the �axes and I�ens on th� Propert� are �a�t af th�s ❑eed vf
<br /> �rust:
<br /> Payrr�ent. �`ru�tar shall�ay when due�and in all e�ents p�ior ta delinquency}all taxes, sp�cia!taxes,assessments,
<br /> charges �includ�ng wa#er and sewer�, fines and impositivns ie�ied against o�on ac�ount of the Property, and shafl
<br /> pay wh�n due al! c�aims fvr wark done�n or for services rendered or mat�r�al furnished t� the Prap�r�ty. �'�ustor
<br /> shall main�a�n#he Pra�erty free o€all liens ha�ing priority over or equal to the interest af Lender under th is Deed of
<br /> Trust, ex�ept fvr #he lien of taxes and assessments not due, except for the Existing Indebt�dness re�erred to
<br /> beivw,�nd except as o#herwise pro�ided in this Deed ofi Trust.
<br /> Right to Contest. Trustor may withhald payment of any tax, assessment, ar claim in cannection with a good faith
<br /> dispute a�er the ob�igation tQ pay, so Iong as Lender's interest in the�'roperty is no�je�pardized. !f a lien aris�s❑r
<br /> �s f�le� as a resul#of nvnpayment, Trustvr shall within fifteen �'i 5} days after the lien arises or, if a �ien �s filed,
<br /> within fifteen t15} days after Trustvr has notice o�the filing, secure the discharge of the lien, or if requested by
<br /> Lender,depvsit with Lender cash vr a sufficient�orporate surety bond ar ather s�cu�ity satts�actory ta Lender in an
<br /> amount su�Fficient ta dischar�e the�ien�lus any�vsts and attarne�s'fees, or ather charges that aould accrue as a
<br /> result vf a foreclosur�ar sale under the lien. In any�ontest, Trustor shall defend itself and Lender and shall satisfy
<br /> any ad�erse judgment befvre enforcement against the Praperty. T"rustor sha�t name Lender as an additianal obligee
<br /> under any surety bond furnished�n the contest proc�edings.
<br /> E�idence of P�yment. Trustor shall upon demand furnish#o Lende�satis�actory e�idence of pa}�ment af the taxes
<br /> ar asrsessments and shall authvr�ze the apprapriate gv�ernmen#al officia!tv deli�er to Lender at any time a wri##en
<br /> statement of#he taxes and assessments against the Prnperty.
<br /> Noti�e o�Gonstructtan. Trustor shall nvti�y Lender at least ffteen t15}days before any work �s cammenced, any
<br /> servi�es are furnished,or any materials are supplied fo the Property, if any mechanic's lien, materi�lmen's I�en, or
<br /> other lien coulti be asserted Qn account o�ihe vuork, services, or materia�s. Trustar wili upan request of Lender
<br /> furnish to Lender ad�ance assurances satisfactory ta Lender that Tn,astor can and will pay th� cQst of such
<br /> impro�ements.
<br /> PFtflPERTY DAlIAAGE INSI]RANCE. The following pro�isions relating to insuring the Property are a part of this Deed af
<br /> Trusf.
<br /> IlAaintenance of Insurance. Trustor shall procure and maintain pa�icies a€fir-e insurance with standard �xtende�#
<br /> co�erag� endQrsements on a �air �a�ue basis for the fu�t insurable �alue co�er�ng a!I lmpro�ements vn the Reai
<br /> Property �r� an amount sufficien# to a�oid applicati�n of any coinsurance c�ause, and with a s#andard mortgagee
<br /> ciause in fa�or of Lender,together with such other hazard and�+abi�ity insuranc�as Lender may reasanably requir�.
<br /> �'o�icies shall be wr�tt�n fn to�-m, a�naunts, coverages and basis r�asonab�y acceptahie to Lender and issued by a
<br /> c�mpany vr companies reasonably ac�eptabie to Lender. Trustnr, upon request of Lender, will d��i�er t� L�nder
<br /> frvm#ime tv time the palicies�r certif�cates of insuranre in form satisfactary to Lender, including stipula�ion�tha#
<br /> co�erages wil� not�e cancetl�d or dim�n�shed w�thout at�east�hi�#y�3Q}days prior written noti�e to Len�er. Each
<br /> ;nsurance palicy alsa shall include an endorsement pro�iding that co�erage in fa�or of Lender wili not bs impaired
<br /> in any way by any act,omiss�on or default❑f Tn.,stor or any ather persnn. Should the Rea1 Property fae Ivcafied�n
<br /> an�rea designated by the Administrator�f#he Federal Emergency Managem�ent Agency as a specia! t�vvd h�zard
<br /> area, Trustor agrees tQ vb#ain and maintain Federa� Flood lnsurance, if a�ailable, far the full �npaid principal
<br /> bal�noe❑f the Io�n and any privr liens on the pmperty securing the I�an,up to the maximum pa�icy limits set under
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