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2� 1 ��7944
<br /> ���� �� �����
<br /> ����, ��o ��������� �������a.���� ���� �
<br /> Trustor present�y assigns ta Lender �also known as Benefi�iary in this Deed af Trust� all o� Trustor's right, titie, and
<br /> interest in and t❑ all presen� and fu'�ure leases �f #h� Property and al[ Ren�s frorn the Prop�rty. In addition, Trustor
<br /> grants�o Lender a Uni�tirm Comm�rcial Cade security interest in the Personal Property and�Rents.
<br /> T'H15 DEE❑ ❑F TF�U�T. I�JGLUDlI�1C THE ASS1��I�ilEli�T QF I�E�!!TS ►�ND TWE�ECU�ITY 1�T'E�EST [[�TE-{E ��fl�TS �4�D
<br /> PE�S�il�1►4L PR�PERTY, IS C�I!lEI� `f� SECL]RE t►�� PAYii�EI�T �F THE �NDE�3TED�ESS ►4i�D {�� �+ERFaRiVI►��CE �F
<br /> EACH �F TRLIST�R'S �4GREE�iliE�1T5 A�1D ��LIG►4TI�N5 UN�ER TH1S DEE�] �F TRUST. THIS DEED �F TRUST' IS
<br /> GIlJEi�l A�!!❑ACCEPT'EC] �i�!THE F�LLD���G TERi�S:
<br /> PAV�ViE�fT AND PER��RiV1�i�CE. Excep� as vtherw�se pro�ided in this Deed ❑f Trus�, Trus�or shall pay to Lender all
<br /> amaun�s secured by this Deed o� Trust as th�y becvme due, and sha�f strictly and in a �imely manner per#vrm alt o#
<br /> Trustor's❑h[igations under the �red�t Agreement, �his Deed of Trust, and the Related Dvcuments.
<br /> POSSES51D�1 Ai�D �►41�1TE�A�CE �F THE PRaPERTY. Trustar agrees that Trus�ar's possessian and use of the
<br /> Property shall be go�erned E�y the fial[awing pro�isions:
<br /> Possessivn �nd Us�. Until the occurrence of an E�ent of Defiault, Trustar may {1} remain in possessi�n and
<br /> �ontral ofi th� Property; ��} use, vperate or manage�he Property; and �3� collect�he Rents from the Prop�rty.
<br /> Du�y �v rl�li�in���m. Trustor shall main�ain th� Praperty in g�ad candi�ion and promptly perform all repairs,
<br /> rep�acements, and maintenance necessary�❑ preser�e its�alue.
<br /> H��ardous Su�as��nces. Trustor represents and warrants �ha� the Prop��ty ne�er has been, and n��er wilC be so
<br /> �ong as this Deed o� Trust remains a lien on �he Property, used �or �he genera�ivn, manufacture, starage,
<br /> �rea�ment, disposal, re[ease ar threat�ned release of any Hazardous 5ubstance in �iolatian o� any En�iranmental
<br /> Laws. Trustar au�hartzes Lender and its agents to enter upon th� Prvp�rty to make su�h inspe�tions and tes�s as
<br /> Lender may deem appropriate '�o de'termine cvmpliance of the Prvperty with this section of �he Deed nf Trust.
<br /> Trustar hereby �1 f releases and wa��es any fu�ure claims agains�Lender for indemnity or contribu�ion in the e�ent
<br /> Trustor becom�s liable �ar cleanup ❑r a�her cos�s under any such laws, and {�} agrees tv indemni�y, detend, and
<br /> hold harmless L�nder against any and alf claims and Iasses resulting�r�m a b��ach of th�s paragraph vf the Deed af
<br /> Trust. This o�ligatfon ta indemnify and defend shafl sur�i�e the payment o�the Indebtedness and the satisfaction
<br /> of this Deed ❑fi Trust.
<br /> DUE ON SALE- C��ISE�T �V LEf�DER. Lender may, at Lender's option, declare immediately due and payable all sums
<br /> secured by this ❑eed c�f Trust upon�he sale ar transfer, wi�hau-� Lender's prFar written eonsent, ❑�all ar any part o�the
<br /> Real Property, or any int�res'� in the Real Proper�y. A "sale ❑�transfer" means the evn�eyance o�Reai Property or any
<br /> right, title ar interes� in the ReaE Property; whether legaf, beneficial or equitable; whether �olun�ary ar in�oluntary;
<br /> whethe�- by ❑utright sale, d�ed, ins�allment sa�e contract, land cvntraGt, contract �or deed, �easehv�d in�terest w�th a
<br /> �erm grea�er than three �3} years, lease-vption c�ntract, �r by sa�e, assignmen�, o�trans�er af any bene�E�ial inte�-est in
<br /> ar to any land t�ust holding title to �he Rea! Proper�y, ar by any other me�hod a� con�eyance o�an int�rest in �he Real
<br /> Pr�perty. Hawe�er, this option shall no�t be exercised by Lender if such e�ercise is prahibited by federai law or by
<br /> Nebraska law.
<br /> TA�CES AND LlE�S. The follawing pro�isivns re[a�ing to �he �axes and liens ❑n the Property are par� ❑f �his ❑eed of
<br /> Trust: �
<br /> Paym�n$. Trustoe-shall pay when due �and in all e�ents privr to delinquencyy a!I taxes, sp�c�al taxes, assessm�nts,
<br /> charges (including water and sewer}, fines and impasitions le�ied agains� or an accoun� of the Prvperty, and shall
<br /> pay wh�n due aE! �laims for wark done on or far s�r��ces rendered or ma�erial furnished to th� Praperty. Trustor
<br /> shall maintain�he Praperty�ree��alE liens ha�ing priority oWer�r equal ta the interest v# Lender under#his Deed o�
<br /> Trust, except #vr the Eien of taxes and assessments nat due, except #or the Existing Indeb�edness re�erred �a
<br /> belvw, and except as atherwise pro�ided in this Deed a�Trus�.
<br /> PR�PERTY DAflli►4CE I�fSUR►�f�CE. The�vllowing pra�isivns relating '�o insuring th� Property are a part of this Deed o�
<br /> Trust.
<br /> llfi�i��em�m�� o� Insu�ance. T�ustvr shaii procure and maintain pvlicies �f fire insurance with standard extended
<br /> co�erage �ndorsements an a fair �alue basis for the tu11 insurable �alue co�ering a�1 Impro�ements on �he Real
<br /> Property in an amount su�#icient to a�oid applica�ion vf any coinsurance clause, and with a standard mar�gagee
<br /> �lause in fa�or a-�Lender, �vgether with such o�her hazard and liabili�y insurance as Lender may reasonably r�quire.
<br /> Poli�ies sha[� be writ�en in �orm, amounts, cv�erages and bas�s reasvnab�y acceptable to Lender and issued by a
<br /> company ❑r campanies reasonably acceptabl� tv Lender. Trus�ar, upan reques� o� Lender, will de�i�er ta Lend�r
<br /> from��me to time�he po�i�ies or certificates of insurance in #orm satisfactvey to Lender, including s�ipulations tha�
<br /> coverages will nat he cancelled vr diminished without at least ten {�a} days prior written notice t❑ Lender. Each
<br /> insurance palicy also shall in�iude an endorsement pro�iding �hat co�erage in �a�or ofi Lender wifl not be impaired
<br /> in any way by any aCt, omission ❑r de�aul�❑f Trus�or ar any other person. Should the Real Praperty be loca�ed in
<br /> an area designated by the Administrator �-�the Federa! Emergency Management Agency as a specia[ fload hazard
<br /> area, Trustor agrees to obtain and maintain Federal Flaod lnsurance, i� a�ailaE�le, �ar th� maximum amaunt of
<br /> Trustor's credi� line and #he fu�� unpaid principal �alance at any priar fiens on the p�-oper�ty securing the loan, up to
<br /> �he maximum pal�cy limits set under the [Va�ionaf Fi��d lnsurance Program, or as ❑therwise required by Lender, and
<br /> �v main�ain such snsurance for the�erm o�the foan.
<br /> LE�lDEF�'� E3�P��IDITURES. If Trustor #ails �Ay to keep the P�operty #ree vf all taxes, liens, securi#y interests,
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