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2� 1 ��8343
<br /> aEED �F TRUST
<br /> Loan Nv: �U�3�U'I 9� �Cotltinued� Page 3
<br /> s❑ lang as Trus��r has natififed Lender in writing privr t� dving so and s❑ long as, in Lender's sole opinivn, Lender's
<br /> interests sn the Prape��y are not jeopardi�ed. Lender may require Trustor tv pvst adequate security ❑r a surety
<br /> bflnd, reasonab�y sa�isfactvey t❑ Lender,to pratect Lender's interes�.
<br /> Duty to ProteG�, Trustvr agrees neither t❑ abandon vr lea�e unattended the Proper�y. Trustor sha[I do a!I ❑�her
<br /> acts, in addi�i�n tv�hnse acts set�forth abo�e in this section, which from the �harac�er and use of the Proper�y are
<br /> reasvnably necessary to pra�te��and prese��e the Property.
<br /> D[JE �N SALE- C�NSENT BY LENDER. Lender may, at Lend�r's opt�vn, declare immed�ately due and payable a�l sums
<br /> secured by this Deed of Trus�upan th� sa�e vr transfer, without Lender's prior written consen�, o�a!I ❑r any part vf the
<br /> Rea� Property, or any interest in�he Real Pr�perty. A "sale ar trans�er" means the con�eyance ❑f Rsal Prvper�y or any
<br /> right, ti�le or fnterest in the Rea� Praper�y; whe�kher legal, benefi�ial or equitable; whether �oluntary or in�oluntary;
<br /> whether by autrigh� sale, deed, installment sale contract, land con�ract, cvntrac� fnr deed, leasehold interest wi�h a
<br /> term grea�er than �hree {3� years, lease-option contrac�, or by sale, assignmen�, ❑r trans�er of any beneficial in�erest in
<br /> or ta any land trust holding ti��e �v the R�al Property, vr by any other methad vf canveyance ❑f an interest in the Real
<br /> Property. Howe�er, this aption shal� not be exercised by Lender if such exercise is prohib�ted by federal law ❑r by �
<br /> Ne�raska �aw.
<br /> TA�ES AND LIENS. The �flllawing prv�isians relating �o the taxes and liens ❑n the Praperty are par� o�th�s ❑eed of
<br /> Trust:
<br /> Payment. Trustor shall pay when due �and in all events privr�o deEinquency} all taxes, special taxes, assessments,
<br /> charges {including water and sewer}, fines and imposifiions le�ied against ❑r an accaunt vf the Prvperty, and shall
<br /> pay when due all claims for work done on or #or services r�nde�ed or ma�erial #urnished ta �he Property. Trustor
<br /> shall maintain the Prvper�y free of all [iens ha�ing priority v�er or equal t❑the interest❑#Lender under this Deed ❑�
<br /> Trust, except for the lien ❑f tax�s and assessments not du� and except as ntherwise pro�ided in this Deed ❑f
<br /> Trust.
<br /> Right to Gontest. Trustar may withhold payment of any tax, assessmen�, or c�aim in connection with a good fai�h
<br /> dispu�e ❑�er the �bfigation to pay, so Ivng as Lender`s,interest En the Praperty is no�jeopardized. �f a lien arises vr
<br /> is fiifed as a result ❑f nonpayment, Trustvr shall within fifteen t15} days a�ter the li�n arises or, if a lien is filed,
<br /> within fifteen {�5� days after Trus�or has notice of fihe �Filing, secure �he discharge ❑f�he lien, o�- if requested by
<br /> Lender, deposit wi�h Lender cash ❑r a suffiicient carpara�e surety bond vr❑ther securi�y satis�ac�ory ta Lender in an
<br /> amoun�sufficient to discharge the lien plus any costs and attorneys' �ees, ❑r other�harges �hat cou�d accrue as a
<br /> result o�a �oreclosure vr sa�e unde�the lien. ln any can�est, Trustor shall defend itseif and Lender and shal�satisfy
<br /> any ad�erse judgm�nt befiore enfarcemen� agains�fihe Prvperty. T�us�or sha�l name Lender as an additional ❑bligee
<br /> under any surety bond furnished in the contes�praceedings.
<br /> Evidence af Payment. Trus�or shall up�n demand fiurnish �o Lender sa�isfactory e�iden�e af paymen�of the taxes
<br /> or assessmen�s and shall au�hvrize the appropriate goUe�nmen�al offi��al ta deli�er�o Lender at any time a wrstten
<br /> s�atement af the taxes and assessments agains�the Property.
<br /> Natice o# Cons�ruc�ion. Trustvr sha�l no�ify Lender a� least fifteen t15} days be�ore any work is commenced, any
<br /> services are furnished, �r any materials are supplied to the Property, if any mechanic's �ien, ma�erialmen's lienr or
<br /> o�her lien could he asserted ❑n account of the work, ser�ices, ❑r materials. Trus�or v+r�1� upon reques� of Lender
<br /> fiurnish �o Lender ad�ance assurances satis�actory t❑ Lender that Trus�ar can and will pay the cast of such
<br /> impro�emen�s.
<br /> PR�PERTY DAMA�E �NSURANCE. The fiollvwing pro�isions reia�ing to insuring th� Prope�ty are a part❑��his Deed vf
<br /> Trust.
<br /> Maintenance ❑� �nsurance. Trus�ar sha11 procure and maintain po�icies o� ��re insurance with standard extended
<br /> c��erage endarsements ❑n a fair �alue basis far �he full insurable Walue ca�ering all fmprn�em�nts an the Real
<br /> Property �n an amount sufficient to avoid applicatFon n� any coinsurance cfause, and wi�h a standard m�rfigagee
<br /> clause in #a�vr of Lender. Trust�r shall als❑ procure and main�ain comprehensi�e generai l�abilifiy �nsurance in such
<br /> co�erage amvun�s as Lender may request with Trustee and Lender being named as additivnal insureds in such
<br /> liability insurance palicies. Addi�ivnally, Trust�r shal� maintain such other insurance, inc�uding but nat Eimited to
<br /> hazard, business interrup�ivn, and boiler insurance, as Lender may reasonably require. Pvlicies shall be wr�tten in
<br /> �arm, amaun�s, cv�erages and basis reasonably accep�a�le to Lender and issued by a company ❑r compan�es
<br /> reasvnably acceptable to Lender. Trustv�, upon reques� ❑� Lender, will deli�er �o Lender from time �❑ tims the
<br /> polici�s ar certifi�ates of insurance in �arm satis�actory t❑ Lender, including stipula�ivns �hat ca�erages will not be
<br /> cancelled or dsminished withau� a� feast �en �'!�� days prior wri��en notice to Lender. Each insurance pvlicy alsv
<br /> shal� include an endorsement proWiding that cfl�erage in tavar af Lender will not be impa�red in any way by any ac�,
<br /> vmissian o� default ❑f Trustvr ❑r any o�her person. Shvuid the Real Proper�y be located in an area designated by
<br /> the Administrator of the Federal Emergency Nianagement Agency as a special �lvad ha�ard area, Trusfivr agrees to
<br /> �btain and maFntain Federal F�avd Insurance, i� a�ailabl�, within 45 days after n�t�ce is gi�en by Lender that the
<br /> Property is loca�ed in a special flood ha�ard area, far�he�full unpaid principal balance af the Ivan and any prior liens
<br /> on�he proper�y securing the laanr up tv the max�mum policY timits set unde�the Natianal Flvfld Insurance Pro�ram,
<br /> �r as otherwise required by Lender, and to main�ain such insurance fivr the term of the laan.
<br /> Applica�ion vf Prv�eeds. Trustvr shall promp�ly no�ify Lender of any loss ❑r damage to the Property. Lender may
<br /> make proof o# Ivss �f Trustar �ails to dv so wi�hin fifteen t15y days vf the casualty. Whe�her vr no� Lender's
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