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2� 1 ��8� 12
<br /> DEED DF TRUST
<br /> �Cont�nued� Page �
<br /> au�horized user o�the Proper�y shall use, generate, manutactur�, store, treat, dispose ❑f or release any Hazardous
<br /> 5ubs�ance on, under, about or�rom the Pr�p�rty; and {bf any such acti�ity sha�l be corducted in compl€ance with
<br /> all applicable federa�, s�ta�e, and lvcal laws, r�gulatians and ordinances, including withvut limitation all
<br /> En�ironmenta� Laws. Trustor authorizes Lender and its agents tv en��� upon �h� Prvper#y �a make su�h
<br /> inspec�ions and ��sts, a� Trustor's expense, as Lender may deem approp�-iate ta det�rmine compiiance of the
<br /> Praperty with this section of the ❑eed nf Trust. Any inspections or tests made �y LEnder shall be for Lender's
<br /> purposes on�y and shall no� be construed t❑ create any responsibility vr iia�ility fln the p4art of Lender to Trustor vr
<br /> to any a�her persvn. The representations and warranties contaEned herein are based or Trustor's due diligence in
<br /> in�estiga�ing the Pr�perty for Hazardvus Substan�es. Trust�r here�y 41 f re�eas�s an� wai�es any future �laims
<br /> agains� Lender �for indemnity or contribution in the e�ent T�ustar becomes liable for cl�nup or other cvsts under
<br /> any such laws; and �2y agrees#o indemnify, defend, and hold harmi�ss Lend�r against any and all claims, losses,
<br /> liahil�ties, damages, penalties, and expenses which L�r�d�r may directly or indir�ctly sust�in or suffer resu[ting�rom
<br /> a breaGh of this section o�#he Deed of Trust or as a consequence o� any use, generati�n, manufa��ure, storage,
<br /> disposal, rel�ase or threatened release occurring prior#o Trustor's own�rship or int�r�st in the Property, whethe�vr
<br /> nvt the same was or should ha�e been knvwn to Trustor. The pro�is�ans o� this secrion vf the Deed o� Trust,
<br /> inc�uding the abligation fio �ndemnifiy and defend, shall sur�i�e the payment o�the Indeb�edness and th�satis�activn
<br /> and recon�eyance of th� lien o�this Deed of Trust and shall not be af�ected by Lender's acquisi�ivn of any interest
<br /> in the Proper�y, wheth�r by fareclvsure vr otherwise.
<br /> Nuisance, Wasfie. Trustar shali nv� cause, conduct or permit any nuisance nor commit, permit, or suffer any
<br /> stripping vf or waste on or to the Property vr any portian af the Property. 1Nithout iimiting the generality of the
<br /> fi�r�gaing, Trustvr wifl nvt remv�e, ❑r grant to any ather party the right tv remo�e, any timber, minerals tincluding
<br /> oi� and gas�, coal, clay, scoria, svi1, gra�el ar rack products wi�hout Lender's prior written consent.
<br /> Rema�al of�mprovements. Trustar shall not demolish vr remo�e any lmpro�ements�rorr the R�al Prvperty without
<br /> Lender's prior writ�en consent. As a condit�on to the remo�al af any Impro�ements, L�rder may r�quirg Trustor to
<br /> make arrangemen�s satisfa�tvey to Lender �o repla�� such Impro�ements wi�h Impro►�ements o� at least equal
<br /> �alue.
<br /> Lender's R�ght�o En#er. Lender and Lender's agents and representati�es may enter up�3n �he Rea! Pr�p�rty at all
<br /> reasonable times to attend tv Lender's interests and t� �nspect fihe Real Praper�y �vr purpases o# Trustar's
<br /> compliance with the terms and conditions of this Deed of Trust.
<br /> Compliance with Gv�ernmental Requirements. Trus#ar shall prompt[y camply with a�l laws, ordinances, and
<br /> regulations, now or hereafter in effie�t, of all go�ernmental authorities appficable �� thE use or accupancy ❑f th�
<br /> Property, including wi�hout Iimitatian, the Americans With Disabili�ies Act. Trustor may �ontest in good fai�h any
<br /> such �aw, vrdinance, or regulation and wEthhold compiiance during any pro�eeding, inckuding appropriate appeals,
<br /> s❑ long as Trust�r has no�ifiied Lender in writing prior to daing so and sv long as, in Lend�r's sale op€nion, Lender�5
<br /> interests in the Praperty are nat jeopardized. Lender may requ�re Trustor to post adequate security or a surety
<br /> band, reasanably satis�actvey tv Lender, ta prvtect Lender's interest.
<br /> �uty to Prote��. Trustar agre�s neither to abandon ar lea�e unattended �he Proper�y. Trustvr shalf d❑ aff ❑ther
<br /> acts, in addition tv thvse acts set forth abo�e in this sec�ivn, which from the charact�r�nd use of the Property ar�
<br /> reasvnably n�cessary�o protect and preser�e the Property.
<br /> DUE aN SALE-CONSENT BY LENDER. Lender may, at Lender's op��on, de�lare immediate(� due and payable all sums
<br /> secu�ed by this D��d a�Trust upon the sale or transfer, withvut Lender's prior written conser�t, of a�l or any par�of the
<br /> Real Property, or any interest in the Real Prvperty. A "saf� or trans€�r" m�ans the cvn�eyan�e of Real Praperty v� any
<br /> right, titfe or in�er�s� in th� R�ai Property; whe�her legaf, heneficiaf or equitabi�; whether �vlun�ary or in��(untary;
<br /> whether by ou�right sale, deed, installm�nt sale contrac�, land contrac�, contract for d��d, leasehvld interest with a
<br /> term greater�han three �3� years, lease-option cant�-act, or by sale, assignmen#, ar transfer c�any benefi�ial interest in
<br /> or �a any land trust holding title to th� R�al P��pe�ty, vr by any other method of can�eyanc� of an �nteres� in the R�a�
<br /> Proper�y. H�we�er, this aption shal[ n�t be exercised by Lender if such exercise is prohibit�d by federal law or by
<br /> N�hraska law.
<br /> TAXES AND LIENS. Th� �o�lowing pra�isions relating tv the taxes and iiens ❑� the Property are part �f this ❑eed of
<br /> Trust:
<br /> Payment. Trus�or shall pay when du� �and in all e�en�s priar to delinquency� alf taxes, special#axes, assessments,
<br /> charges �inc�uding water and sewer�, fines and impositivns le�ied agains��r on account ❑��h� Praper�y, and shal(
<br /> pay when due all claims for work done on or for ser�i�ss rendered or material furnished ta the Property. Trustor
<br /> shall maintain the Property free of all iiens ha�ing priority o�er or equal to the interest of Lender under�his Deed of
<br /> Trust, except for the lien afi taxes and assessments not due and ex�ept as otherwise pro�ided in this De�d of
<br /> Trust.
<br /> Right to�ont�st. Trustvr may withho�d paym�nt af any tax, assessmen�, or claim in co�nect�on with a good faith
<br /> dispu�e o�er the �biiga�ian to pay, so lang as Lender's int�rest in the Prvperty �s no�jevpardized. I�a lien arises or
<br /> is fi�ed as a resuf# o� nonpaym�nt, Trus�or shall within fifteen �15} days a�ter the I�en �rises or, �f a lien is filed,
<br /> within fiffieen �15} days after Trustnr has notice of �he filing, secure the dFscharg� ❑� the �ien, ar if request�d hy
<br /> Lender, deposit wi�h Lender cash or a su�#icient corporate surety bond or other secur�ty satis�actory�o Lender in an
<br /> amount suffici�nt to discharge the fien pfus any c�sts and a�torneys' fees, or other charges that could accrue as a
<br /> resul�of a fareclosure ar sale under the fien. In any cont�st, Trustor shall defend itself and Lender and shall satisfy
<br /> any ad�erse judgment before enfvrcemen�against the Praperty. Trustvr shall name Lend�r as an additi�na�obligee
<br /> under any surety band�urnished in the con�est praceedings.
<br /> E�idence of Payment. Trustar shali upon demand furnish to Lender satisfactory e�idenc� of payment of the �axes
<br /> �r assessments and shall authori�e the appropriate go�e�nmental �ffi�ial to deli�er to Lend�r at any time a written
<br /> statement of the taxes and assessments against th� PrQperty.
<br /> Na#ice of Cvnstruct�on. Trustar shall notify Lender at least fi�teen {15f days �a��are any work is c�mmenc�d, any
<br /> ser�ices are �urnished, or any materials are supplied to the Prvperty, if any mechanic's �en, materiafinen's I��n, vr
<br /> ❑ther lien cvuld be asserted on a�caunt af �he work, ser�i�es, or mat�riafs. Trustor w€�l upan request vf Lender
<br /> �urnish to Lender ad�ance assurances satisfa��ory �� Lender that Trustar can and will pay �he cast of su�h
<br /> improWements.
<br /> PR�PERTY DAMAGE INSl1RANCE. The fo[Iowing pro�is�ons relating t❑ insuring �he Property are a part o�this Deed of
<br /> Trust.
<br /> Maintenance of Insuran�e. Trustvr shall procure and maintain po�ic�es o�F fire insuranc� with standard extended
<br /> co�erage endorsements vn a replacement basis for the full insu�able �a�ue ca�ering all Impro�ements ❑n �he Real
<br /> Proper�y in an amount sufficient tv a��id application of any coinsu�ance clause, and v�ith a standard mortgagee
<br /> clause in fa�or❑�Lende�. Trus�or shall alsa procure and mainta�n �ompreh�nsi�e genera[ liability insurance in such
<br /> cv�erage�amounts as Lender may request with Trustee and Lender f�eing named as additional insur�ds in such
<br /> liabili�y insuran�e pol�ci�s. Additionally, Trustor sha�l maintain such vther insurance, ir�cluding hut not limited t❑
<br /> hazard, business inte�rupfivn, and boiler insuran�e, as Lender may reasonab�y require. Policies shalf be written in
<br /> �form, amounts, co�erages and basis reasonabfy acceptabfe ro Lend�r and issued �y a �ompany or companies
<br /> reasnnably a�ceptab�e �o Lender. Trus�ar, upon request of Lender, will deli�er to Lender �rom time to �ime the
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