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2� 1 ��73�9
<br /> DEED �F TRUST
<br /> �CDntinUed� Page �
<br /> Environme�tal Laws. T�ustar authoriies Lende� and its a��nts to ente�- upfln the �'rtflperty to m�ke sUGh
<br /> inspectians and tests, at Trustor's expense, as Lender may deem apprapria#e tn determin� campliance vf the
<br /> Praperty with this section o� the Deed of Trust. Any tnspections or tests made by �.ender shall be for Lender's
<br /> purposes oniy and sha�� not be�onst�ued to create any�espansibility o�-liabil�ty flr�the past of Ler,der t�Trustvr or
<br /> tn any❑ther persan. The representations and warranties contained herein are based an Trustor's due diligence in
<br /> in�estig�ting the Property for Hazardvus Substances. 7rustor he�eby {�} releases and wai�es �ny future claims
<br /> against Len�ie�for i�demn�ty o� �ont�ibution ir� the e�e�t Trusto� becflmes �sable�or cleanup vr other casts under
<br /> any such laws; and �2} �grees tn indemnify, defend,�nd hold harmless Lender against any and all�iaims, Iosses,
<br /> liabilities, damages, penalt�es, and expenses which Lender may dire�tfy or indirectly sustain or suffer resulting�rom
<br /> a b�each of ths� section of t�e Deed��Trust vr as a cansequence vf any use, generation, manufacture, stvrag�,
<br /> disp�sal, release ar threatened reF�ase Q�curring prior ta Trustar's❑wnership or interest in the Property,whether vr
<br /> not the same was or shvuld have been known to Trustor. The pravisions of this sectian of th� De�d of Trus#,
<br /> in��uding the vbligativn to i�demni�y and defend,shall survi�e the payment of the�ndebtedness and th�satisfactitan
<br /> and recvn�eyance of the lien of this D�ed a�Trust and shafl nat bs affected by Lende�'s acquisition of any interest
<br /> in the Property,whether by foreciosure or otherwise.
<br /> Nuisance, YVas#�. Trustar shall nvt cause, canduct �r permit any nuisance nor cammit, permit, qr suffer any
<br /> stripping ❑�or waste an v�to the P�aperty or any portion vf the Property. Without fimiting the generality of the
<br /> fdregaing, Trustor will nn#remo�e, or grant t�any other party the right to rema�e, any timber, minerals�including
<br /> ail and gas},c�al,c�ay, scaria, sail,gra�el or rock products withaut Lender's prior written consent.
<br /> Remo►►al of Impro►►ements. Trust�r shall not d�molish ar remo�e any lmpro�ements from the Real Property wi#hvut
<br /> Lendet�s prior wr+tten co�sent. As a c�ndition ta the remo�al of any fmpro�ements,Lender may require Trustor tv
<br /> make arrangements satisfa�tory to Lender to replace such fmpravements with Imprn�ements vf at least equa!
<br /> ��lue.
<br /> Lender's R�ght to Enter. Lender and Lender's agents and representa#i�es may enter upon the Real Property at all
<br /> r�asonable t;mes to attend to Lender's tin�erests and to inspect the Real P�operty for purposes af Trustor's
<br /> compliance with the terms and cond+tions af this Deed o#Trust.
<br /> Compliance with Gv�ernmental Requirements. Trustor shail promptly comply with al! laws, ordinances, and
<br /> r�gulatians, now or hereafter in effec�, ❑f all go�ernmental autharities app�icab�e ta #he use or occupan+cy of the
<br /> P�vperty. Tn.sstor may cantest in gaad faith any such law,ordinance,or re�u�ativn and withhold campfian�ce during
<br /> any proceeding, includ�ng appropriate appeals, so lang as Trus#or has natified Lender in writing prior ta doing so
<br /> and Sv Ivng as, in Lender's s�le❑pinion, Lender's interests in the Praperty are not jeapardized. Lender may require
<br /> T��stor to post adequate security or a surety band,r�asonably satisfactory ta Lender,tn protect Lender`s inter'est.
<br /> Duty ta Protec#. T�-ustar agrees neither tv abandan �r leav� unattended the Praperty. Trusto�-shail do alf other
<br /> acts, in addition to those acts set forth aba�e in this sec#ian,whFch from the chara�ter and use af the Properky are
<br /> reasvnably neoessary tv protect and preserve the Property.
<br /> DIJE QN SALE-��NSENT BY LENDER. Lendsr may, at Lender's option,declare immediately due and payab�e all sums
<br /> secured by this '�eed of�rust upvn the sale or transfer,withvut Len�er's prior written �ons8nt, o�al1 or any part vf the
<br /> Real Property, ar any interest En th� Real Property. A "sale or transfer" means the conveyance of Reai Property or any
<br /> right, title or interest in the Real Property; whether fegal, heneficial vr equitable; whether valuntary or involuntary;
<br /> whether by outri�ht sale, deed, instaliment sale con�ract, lan� contract, contract far deed, leas�hold interest with a
<br /> term greater than three (3} years, lease-option contract, or by saie: assEgnment, or tr�nsfer v�any beneficial interest in
<br /> or to any land trust holding title #o the Rea! Property, nr by any other method of con��yance o�an int�rest in the Real
<br /> Prpperty. Hnwe�ter, this option shaff nat b� exercis�� by Lend�r if such exercise Fs prohibited by federa� 1aw vr by
<br /> fVebraska law.
<br /> T►4�CES AN� LIENS. The follow+ng pro�isions reiating ta the taxes and liens on the Property are part of this Desd v�
<br /> Trust:
<br /> Payment. Trus#+vr shall pay when due�and in all e�ents prior tv delinquency}af�taxes,special taxes,assessments,
<br /> charges{incfud�ng water and sewer}, fin�s and impositians�e�ied against or on a�count of the Property, and shall
<br /> pay when due all claims for work done�n ar far services rendered or material furnished to the Property. Trustar
<br /> shall maintain the property free o�all liens ha�ing priority o�er or equal to the interes#v�Lender under this Dsed af
<br /> Trust, except for the lien of taxes and assessments nat due, except far the Existing Indebtedness refi�rr�d to
<br /> befow,and except as otherwise pro�ided in this Deed of Tr�ust.
<br /> Right tv Cantest. Trus#or may withho�d paymen#o'f any tax, assessment,or claim rn c�nnectian w�th a go�d faith
<br /> dispute a�er#he obligation tv pay, so Ivng as Lende�'s interest in the Property is not jeopardized. If a l+en ar�ses�rr
<br /> is filed as a result vf nvnpayment, Trustor shall within fifteen �'15� days after ihe lien arises or, if a lien is fiied,
<br /> within fifteen ('15} days after Trustar has notice of the filing, secure the discharge ❑f#h� lien, ar it requested by
<br /> L�nder,deposit wi�h Lender cash or a sufficien#corporate surety band ar o#her security satisfactory ta Lender En an
<br /> amvunt suffi�ient tv dis�harge the lien plus any Gosts and attarneys'fees, or other charges that cauld ac�rue as a
<br /> result of a fvreclvsure or sale under the lien. In any Gontest, Trustar shall defend itseff and L�nder and shaE�s�tisfy
<br /> any ad�erse judgment before enfor�ement against the Property. Trustor shall name Lender as an additianal obligee
<br /> under any surety bvnd fu�-nished�n the�antest proc�edings.
<br /> Evidence vf Payment. Trustar shaii upon demand furnish t❑ �.Ender satis�actory e�idence of paym�nt❑f the taxes
<br /> or assessments and shaEi autharize the appropria#e go�ernmental afficia�ta deliver tv Lender at any t�me a written
<br /> statement of the taxes and assessments a�ainst the Pro�erty.
<br /> Notice vf Construc�ivn. Trustor shall notify Lender at �east tifteen t15}days betare any work is commenced, any
<br /> servi�es are furnist�ed, ❑r any materials are supplied to the Property, ifi any mechanic's iien, m��eriarmen's�ien, ❑r
<br /> vther iien couEd be ass�rted vn account af the work, services, or ma#eri�ls. Trustor wi�l upan request ot Lender
<br /> furnish tv Lender ad�ance assurances satis�actory ta Lender tha� Trustor can and w'rll pay #he cost vf such
<br /> imprv�ements.
<br /> PROPERTY DAMAGE INSURANCE. The fvl�owing provisions relating ta insuring the Property are a part of this Deed of
<br /> Trust. �
<br /> AA�intenance of Insurance. Trusto�- shall procure and maintarn policies �f fire insurance with standard extended
<br /> ca�erage end�rsements on a faFr �alue �asis f�r the full insurab�e �alue co�ering all Impro�emen#s on the Rsal
<br /> Pr�perty in an amount sufficient to a��id application af any coinsurance ciause, and with a s�andard mvrtgage�
<br /> clause in fa�or vf Lender,tvgether with such ather hazard and iiability insurance as Lender may reasonabiy require.
<br /> Policies shall be writ#en in form, amounts, co�erages and basis reasonahly acceptab�e to Lender and issued by a
<br /> �ompany vr companies r�asonabiy acceptable to Lender. Trustar, upan request of Lender, wiii deli��r to Lender
<br /> fram time to time the policies or�erti�icates af insurance in fiarm satisfact�ry ta Lende�, Rncluding stiQu�ations that
<br /> coverages will not be�ancelled�r dimin�shed without at ieast thirty t3�}days priar written nfltice to L�nder. Each
<br /> insurance po�icy also sha�l include an endorsemen#providing that�o�erage in fa�or ofi Lender wili nvt be impaired
<br /> in any way by any aCt, omission or defaul�of Trustar or any ather persvn. Shc�uld the Real Property he Iocated in
<br /> an area designated by the Administrator ot the Federal Emergency Management Agency as a special flood hazard
<br /> area, T�ustor agre�s to obtain and maintain Federal Fioad lnsurance, if a�aiiabie, for the �Full unp�id principa�
<br /> balan�e a�the Ioan and any prior liens on the property securing the loan,up to the maximum policy iimits set under
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