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2� 1 ��82�4
<br /> L7EED �F TRUST
<br /> Loan No: '1��3��'18� �Continued} Page 3
<br /> Remv�al❑�fmpra�ements. Trustar shaif not derno�ish vr remo�e any�rnpro�ements�ram the Real Property without
<br /> L�nder's privr written �onsent. As a�andition tv the removal o#any lmpro�ern�nts, Lender may require Trusta�ta
<br /> make arrangements satisfactvey �❑ Lender ta replace such �mpro�ements with lmpro�ements ❑� at �east equal
<br /> �alue.
<br /> Lender's Right �o Enter. Lender and Lender's ag�nts and representati�es may ente� upon the Reai Property at aff
<br /> reasonab[e times tv attend to Lender's in�erests and �o inspect the Real Praperty for purposes af Trustor's
<br /> campliance with�he terms and condit�ons❑�this Deed of Trust.
<br /> Cvmpliance with Ga�ernmental Requirements. Trustor sha!! promptly comp[y wi�h al� laws, ordinances, and
<br /> regulativns, now or hereafter in effect, ❑f all gv�ernmental authorities applicab�e t❑ the uss or ❑ccupancy v� the
<br /> Property, inc�uding without limi�a#ion, the Americans With Disabiiities Act. Trustar may contest in good fai�h any
<br /> such iaw, o�dinance, or �egulation and withhold compliance dur�ng any proceeding, including apprvpriate appeals,
<br /> so lang as Trus�tar has nvtified Lende� in writing prior to doing s❑and so Ivng as, in Lender's sole opinion, Lend�r's
<br /> interests in the Prope�ty are not jeopardized. Lender may require Trustor ta post adequate securi�y or a surety
<br /> bond, reasonab�y satisfactary t❑ Lender, to pratect Lender's interest.
<br /> Duty to Prote�t. Trustor agrees neither tv abandon �r lea�e unattended the Property. Trustor sha11 dn all other
<br /> aGts, in addition�o thase acts set forth aba�e in this sec�ian, which from the charac#er and use❑f the Property are
<br /> reasonab�y necessary t� prvrect and preser�e the Proper�y.
<br /> DUE�N SALE- C�NSENT BY LENDER. Lender may, at Lender's optian, declare immediately due and payable a�!sums
<br /> secured by th�s Deed a�Trus�upon the sale or transfer, w�t�out Lender's prior written consen�, af a!� ❑r any part of the
<br /> Real Property, or any interes� in�he Real Property. A "sale ar transfer" means�he con�eyance of Real Praperty or any
<br /> right, ti�le vr �nteres� in the Rea� Proper�y; whether legai, beneficial ar equitab�e; whether vo�untary or Envaiuntary;
<br /> whether by ouCrigh� sa[e, deed, ins�allment sa�e cont�act, land contract, contrac� for deed, leasehold interest with a
<br /> t�rm grea�er than three �37 years, lease-option Contra�t, or by sale, assignment, or transfer of any beneficial �nteres�in
<br /> or to any iand trust holding title ta the Real Property, ar by any other meth�d of can�eyance of an in�eresfi in the Real
<br /> Praperty. If any Trustor is a carporation, partnership or limit�d liability �vmpany, transf�r also incfudes any change in
<br /> ownership of mare than twenty�fiive percen� ��5°/oy of the �ot�ng stock, partnership interests or limited liabi�ity company
<br /> interes�s, as the case may be, o�such Trustvr. Howe�er, this option shall not be exercised by Lender ifi such exercise
<br /> is prvhibited by federal�aw or by Neb�aska lavu.
<br /> TA�CES AND LiENS. The fallowing pro�isions re�ating ta the taxes and liens vn the Praperty are part o# this Deed o�
<br /> TruSt:
<br /> Paymen#. Trustor shalf pay when due �and in al[e�ents privr to delinquency� a!I taxes, special taxes, assessments,
<br /> char�es tin�luding water and sewery, fines and impvsitions levied against ar on a��vun# of the Prvperty, and shali
<br /> pay when due a�� claims for work done ❑n �r tor ser�ices rendered or materia[ furnish�d to the Property. Trustor
<br /> shall mainta�n�he Property free o#al! liens having p�iority o�er o�equa! ta the interest of Lender under this �3eed of
<br /> Trust, ex�ept far the �ien of �axes and assessments nvt due and except as o�herw�se prvvid�d in this Deed o#
<br /> Trus�.
<br /> Right to Contest. Trustor may withhold payment�f any�ax, assessment, or �lairn in connect�an with a goad faith
<br /> dispute ❑�er the ❑bl�gation to pay, so long as Lender's interest in the Pr�perty is nat jeopardized. �f a lien ar�ses�r
<br /> is filed as a �esul� of nanpayment, Trustvr shall within fifteen t�5� days after the lien arises or, if a lien is fi(ed,
<br /> within fi�teen �'�5� days a�t�� Trustor has nvt�ce of the f�ling, secure �he discharge of the lien, ❑r if requested by
<br /> Lender, deposit with Lend�r cash or a sufficient corporate surety bond❑�ather security satis�actory to Lender in an
<br /> amaunt sufficient ta discharge the lien plus any costs and attarneys' fees, or vther charges�hat couid accru� as a
<br /> result af a foreclosur�or sale under the l�en. ln any contest, Trustor sha�i defend itsel�and Lender and shal(satis�y
<br /> any ad�erse judgment before enforcement against�he P�operty. Trustor shall name Lender as an additional❑bligee
<br /> under any sure�y hond furnished in the cantes�praceedings.
<br /> E►ridence vf Paym�n#. Trustvr sha�l upon demand furnish to Lender satisfactary e�idence af payment af�he taxes
<br /> or assessments and shai! authorize th� appropriate go�ernmenta� afficial�o deliver to Lender at any tirne a written
<br /> statemen�o�the taxes and assessments against the P�op�rty.
<br /> Notice of�vnstruc�ion. Trustor shall nati�y Lender at ieast fifteen �15} days before any work is cornrnenced, any
<br /> services are furnished, or any materiais are supplied ta the Property, if any m�chanic's lien, materialmen's lien, ❑r
<br /> ather �ien cou�d be asserted an a�cvunt of the wark, ser�ices, ar materials. Trustar will upan request of Lender
<br /> furnish tv Lender ad�ance assurances satisfactory tQ Lender that Trustar can and vvil! pay the cost af such
<br /> impro�emen�s.
<br /> PR�PERTY DAMAGE INSURANCE. The follflwing pro��sions relating t� insuring the Praperty are a part of this Deed o#
<br /> Trust.
<br /> Maintenance of Insurance. Trustar sha(I procure and maintain policies of fire insurance with s�andard ex�ended
<br /> co�e�'age endorsements on a fa�r �alue basis far the �ull insurable �alue covering all Impro�ements vn the Real
<br /> P�operty in an amaunt sufficient to a�oid application vfi any c�insurance clause, and with a standard mvrtgagee
<br /> clause in #a�vr of Lender. Trustor shall also procure and main�ain comprehensi�e general liahiiity insurance in such
<br /> co�erage amvunts as Lender may request with Trus�ee and Lender being named as additivnal insureds in such
<br /> liability insurance pol�cies. Addit'sona��y, Trus�vr shall maintain such other insurance, including but nat limited to
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