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2� 1 ��874�
<br /> DEED C]F TFiU�T
<br /> Loan No: '1 q"I�99552 �C�ntinued� Page 3
<br /> Lender's Right#o Enter. Lender and Lender's agents and repr��entati�es may enter upan the Real Praperty at al�
<br /> reasanabfe times ta attend tv Lender's int�rests and to inspe�t the Rea! Prvperty for purpases of Trustor's
<br /> cvmpliance with the terms and c�nditions of this Deed�f Trust.
<br /> Compliance with Go�ernmen�tal Requirements. Trustvr shall prvmptly comply with al� 1aws. vrdinances. and
<br /> regu�ations, now or hereafter in e�Ffect, af af! gv�ernmental authorities appficable to the use ❑r occupancy ❑f the
<br /> Pr�perty, including without IimitatEon, the Americans W�th Disabilities Act. Trustar may cont�st in gaod faith any
<br /> su�h law, ardinance� ❑r regu�ation and wit�hold cvmpfiance cturing any proceeding, inc�uding apprapriate appeais,
<br /> s❑ �ang as Trustor has n�tifted Lender in writing priar t❑doing so and so fong as, �n Lender's sole opininn, Lender's
<br /> interests in the Property are not jeopardi�ed. Lender may require Trustar t❑ past adequate security or a surety
<br /> bond, reasonably satisfactary tv Lender, t❑ pratect L�nder's interest.
<br /> Duty tv Prote�t. Trustor a�rees neither to abandan ❑r lea�e unattended the Property. Trustor shall da al� ather
<br /> acts, in addition ta thase ac�s se�forth abo�e in this section, which from the �haracte�ana� use❑f the Prvperty are
<br /> reasonab�y necessary to prote�t and pres�r�e 1�he Property.
<br /> Can�tructian Loan. If same or all af the proceeds of the Ivan creating the ind�btedness are�o ae us�d ta cflns�ru�t
<br /> or compiete constructian ❑f any �mpra�ements on the Prv�erty. the Impro�ements shal! be cvmpleted no Eater than
<br /> the maturity date vf th�e Note �or such eariier date as Lender may reasonab�y establishy and Trustor shai� pay in full
<br /> a�� cvsts and expenses in cvnnectEon with the wark. Lender will disburse lvan pro�eeds under su�h terms and
<br /> conditions as Lender may deem reasvnably necessary tv insure that the interest cr�ated by this Deed vf Trust shall
<br /> ha�e privrity o�er all possible liens� including th�se of mater�al suppliers and warkmen. �.end�r may requi�e, among
<br /> ather things, that �isbursement requests be supporxed by receipted bills, exp�nse affida�its, wai�ers af liens,
<br /> canstructi�n progress repvrts, and such other do�umen�a�ion as Lender may reasvnably request.
<br /> DUE QN SALE-CQNSENT BY LENDER. Lend�r may, at L�nder'� optivn, declare immediat�ty due and payable al� sums
<br /> secured by th�s ❑eed of Trust upon the sale vr tran�#er, withou�Lender's prior w�itten consent, ❑f alF �r any part of the
<br /> Real Property, or any interest in the Real Praperty. A "sale or transfer" means the con�eyance vf Reaf Prvperty or any
<br /> right, tEtle ❑r interest in the Real Property; whether lega�, b�neficial or equitabl�e; whether �oiuntary or in�vluntary;
<br /> whether !�y au�right sale, deed, installment sale contract, land contract, contract fior deed, leasehold interest vvith a
<br /> term greater than thre� t3� years, lease-aptian contra�t. vr by sale, assignment, or transfer of any benefi�ial interest in
<br /> or to any land trust hvlding title tv the Rea� Property, ar by any vth�r method of cvn�eyance vf an int�rest in the Rea!
<br /> Prope�ty. If any Trustor is a corporativn, par�nership or �imited fiability cvmpany, transfer also includes any change in
<br /> awnership Qf more#han t►nrenty-fi�e per�ent �25°�a� of the�oting stock, par�nership interests o�fimited liability company
<br /> interests, as the case may be, o� such Trustar. Howeuer, this ❑ptian shall nat be exercised by Lender i�such exercise
<br /> is prohibited by federal law ar by Ne�raska law.
<br /> TAXES ANQ LIENS. The fvl[owing pra�isions �elating to th� taxes and �Eens on the Property are part of this Deed of
<br /> Trust:
<br /> Payment. Trustor sha�i pay when due �and in alt e�ents prior�❑ delir�quencyf afl taxes� spe�ia� taxes, assessments,
<br /> �harg�s �inciuding water and serrver}, fines and �mpositions le�ied against or �n account of th� Property, and shall
<br /> pay when due all clair�s f�or work done on ar �or ser�ices rendered ❑r material furnished to the Praperty. Trustor
<br /> shall maintain the Prvperty free of all liens ha�ing prEority v�er❑r equal ta�he �nterest of Lender under this ❑eed of
<br /> Trust, except �far the lien af taxes and assessments not due and except as otherwise prv�ided in this Deed af
<br /> Trust.
<br /> Right tv Contest. Trustor may withhold payment vf any tax, assessm�nt, ar �laim in cannection with a good faith
<br /> dispute o�er the ob�fgation�o pay, sa tang as Lender`s interest in the Property is not jevpardized. !f a lien arises or
<br /> is filed as a resul� vf nonpaymen#, Trustor shal� within fif�een ��5y days af�er the lien arises vr, if a fien is filed,
<br /> within fifteen �15} days afte�- Trusto� has nvti�e gf the fil�ng, secure the discharge af the lien, ❑r if requested by
<br /> Lender, deposit with Lender cash vr a sufficient cvrpvrate surety bvnd or other se�urity satisfactory to Lender in an
<br /> amount sufficient to discharge the lien plus any costs and attorneys' fees, or other charges that couid accrue as a
<br /> result of a tvreclosure or sale under the lien. In any contest, Trustor shaEl defend i�self and Lender and shali satisfy
<br /> any adverse judgment hefore entorcement against the ProQerty. Trustar sha11 name Lender as an additianal obligee
<br /> under any surety band furnished in�he contest praceedings.
<br /> E�idence af Payment. Trustor shall upon demand fiurnish t� Lender �atisfactory e�idenc� flf payment❑�the taxes
<br /> vr assessments and shalE authvr�ze the appr�pria�e g�uernmentai afficial to deii�er to Lender at any time a writt�en
<br /> statement of the taxes and assessments against the Property.
<br /> Natice of Construc�ian. Trustor shall notify Lender at least fifteen ��5) days hefvre any wvrk is cnmmenced, any
<br /> ser�ices are furnish�d. ar any ma�eriaCs are supp�ied t� the Property� if any me�hanic's lien, materEalmen's I�en. or
<br /> other lien cauld be asserted vn accvunt of the work, ser�i�es, or materials. Trustvr wili upon request o� Lender
<br /> �urnish to Lender ad�ance assurances satisfactory ta Lender that Trustor can and wi�l pay the �ost of such
<br /> impf��ements.
<br /> PR�PERTY QAMAGE lNSURANCE. The fvl[awing pro�isians reiating ta insuring the Prvperty ar� a part of this Deed af
<br /> Trust.
<br /> Maintenance of �nsuranGe. Trus#ar shall pracure and maintain p�licies vf fire insurance with sxandard ex�ended
<br /> co�erage endarsements �n a fair �alue basis for the #ull insurable value co�er�ng all lmpro�emen#s an the Real
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