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r <br /> a <br /> s <br /> , � <br /> � 2� 17����� <br /> . . <br /> DEED �F TRUST <br /> Lvan Nv: ��13��S3D ��ontinued} Page 3 <br /> bond, reasonably safiis�actary ta Lender,to pro�ec�Lender`s in�erest. <br /> Duty to Protect. Trus�or agrees nei�her to abandan or lea�e unattended �he Prvperty. Trus�tor shall da all other <br /> acts, in addit�on ta those acts s�fi forth abvWe in this section, which from �he character and use vf the Property are <br /> reasanab�y ne�essary t❑ protec�t and preser�e�he Proper�y. <br /> DUE ON SALE� C�NSENT BY LENDER. Lender may, at Lender's option, decla�e immediately due and payable all sums <br /> secured by�his Deed a�Trust upon the sale or firansfer, wi�haut Lender's priar wri��en cansent, of all or any part ofi fihe <br /> Real Proper�y, or any interest �n the Real Praperty. A "sale ar transf�r" means �he con�eyance o�R�al Praperty ar any <br /> right, fii�le or interest in �he Real Property; whether legal, b�nefi�ial or equitable; whether �vluntary or in�olun�ary; <br /> whe�her by outrigh� sale, deed, installment sale con�ract, land con�kract, contracfi �For deed, leasehold infierest with a <br /> term grea�ter than three �3� years, I�ase-opt�on �ontract, or by sale, assignmenfi, vr transfer a�f any �eneficial interest in <br /> or�❑ any land trus� halding �i�le to fihe Rea� P�aperty, �r by any ❑fiher me�hvd vf G�n�eyance a� an interes� in �he Real <br /> Property. Howe�er, �this ap�ion shall no� be exercised 1ay Lender if such exercise is prohibited by federal law ❑r by <br /> Ne�raska law. <br /> TAXES AND LIENS. The fvl�ow�ng pro�isions rela�ing tn �he taxes and liens ❑n the Property are part a�this ❑eed of <br /> Trusfi: <br /> Paymen�. Trustor shall pay when due �and in a�� e�ents prior�o delinquency� all�kaxes, speciai�axes, assessments, <br /> cha�ges �including wafier and sewer}, fines and impvsitions le�ied against ar on accaunt of the Properfiy, and sha�� <br /> pay when due all claims -�or work done on nr for ser�ices rende�-ed vr material furn�shed fiv the Property. Trus�or <br /> sha�� maintain the Proper�y free ❑f all liens ha�ing prio��ty❑�er❑r equa[to the interest of Lender under this Deed ❑� <br /> T�usfi, except fvr the Eien ❑f tax�s and assessments nat due and except as ❑�herwise prv�ided in this Deed ❑f <br /> Trust. <br /> Righ#tv Contes�. Trustor may withh��d payment❑�any tax, assessment, or claim in connection wifih a gvod fiai�h <br /> dispute aver th� obligat�on tv pay, so lvng as Lender's in�erest in fihe Property is nat j�opardized. I�a lien arises or <br /> is filed as a resu�t ❑f n�npayment, Trustar shall within fif�een �'15} days after the lien arises or, i� a [ien is ��ied, <br /> within fiifteen t15} days after T�usto�- has notice o��he #iiing, secure th� discharge of the lien, or if requested by <br /> Lender, deposit with Lender cash��-a su��icient corporafie surety bvnd or other security sa�isfactory ta Lender in an <br /> amaunt sufficient tv discharge th� �ien plus any cvsts and attarneys' fees, vr❑ther �harges tha�cou�d ac�rue as a <br /> resulfi of a t�reclosure flr sale under�he iien. In any�ontest, Trus�or shafE defend i�sel�and Lender and shall sa�isfy <br /> any ad�erse judgment before en�o�-cement against�he Property. Trustor sha�l name Lender as an additiana� obligee <br /> under any sur��y bond�urnished in�he �ontes�proceedings. <br /> Evidence of Payment. Trustor shall upon derriand �urnish to Lender satisfactory e�idence v� payment��the�axes <br /> ar assessments and shai� au�h�rize the apprvpriate goWernmenta! offi�ia�f❑ deliWer to Lender at any time a written <br /> s�a�emen�o�F the fiaxes and assessments agains��he Praperty. <br /> Natice vf Constructivn. Trustor sha�� notify Lender at �easfi fifteen {�5} days before any work is commen�ed, any <br /> ser�ices are �urnished, or any materia�s are suppiied t❑ the Prvperty, i� any mechanic's fien, materialmen's lien, ❑r <br /> v�her �ien �vuld be asserted on account af fihe w�rk, ser�ices, or ma�eriafs. Trustor will upon request ❑f Lender <br /> furnish �❑ Lender ad�ance assuran�es sa�kis�actory to Lender tha� Trus�kar can and will pay the cost of such <br /> imprv�ements. <br /> PR�PERTY ❑AMAGE�NSURANCE. The fallowing prv�isians rela�ing to insuring the Property are a parfi vf thfs ❑eed ❑� <br /> Trust. <br /> Maintenance of Insurance, Trus�or shall prv�ure and maintain policies vfi fire insurance with standard extended <br /> �o�erage endo�-sements on a fair �afue basis �or the ful� insurable �alue co�ering af� lmpro�emen�s ❑n the Real <br /> Proper�y in an amaunt sufficient to a�aid application o� any cainsuran�e clauser and with a standard m�rtgagee <br /> clause in fa�or❑�F Lender. Trustor shall also prvcure and main�ain comprehensi�e generai liabi�i�y insurance in such <br /> cv�erage amounts as Lender may request wi�h Trustee and Lender being named as additivnal insureds in such <br /> liabili�y insurance polici�s. Addi�iona�[y, Trus�vr shall rnaintain such v�her insurance, �ncluding 1�ut nv� limi�ed to <br /> hazard, business interruption, and bvifer insu�-ance, as Lender may �easonaf�Ey require. P�li�ies shall be wri��en in <br /> form, amvunts, co�erages and basis reasonab[y acceptable t❑ Lender and issued by a company or companies <br /> reasonably acceptable �v Lender. Trustor, upon requesfi o� Lender, wilE deli�er �a Lender from �im� to �ime the <br /> policies ❑r c�rtifica�es af insurance in farm satrsta�tory t❑ Lender, including stipulations that co�erages will nvt be <br /> cancelled or diminished without at [�ast �en {�D� days prior written nvtice t� Lender. Each insuran�e poli�y also <br /> shall inc�ude an endarsement prvWiding that co�erage in�a�ar v�Lender will no�be tmpaired in any way by any act, <br /> omissivn or defaul���Trus-�or or any other person. The Real P�operty is ❑r will be �ocated in an area designa�ed by <br /> the Administrata�-v�fihe Federal Emergen�y IIllanagement Agency as a special flaad ha�ard area. Trust��agrees to <br /> obtain and matntain Federa� Flovd insurance, �� a�ai[able, for the full unpaid principal balance a��he Ioan and any <br /> privr liens ❑n the prvperty securing the loan, up ta the maxEmum policy limits set unde� �he Na�ionaf Flood <br /> Insuran�e Pragram, or as vtherwise �equired by Lender, and tv maintain such insurance�or the�erm❑f�he loan. <br /> Appli�ation af Prviceeds. Trustor shatl promptly no�ify Lender af any lvss ❑r damage �k�the Properfiy. Lender may <br /> make p�roof o� lvss i� Trusto� fails ta dv so wi�hin fifteen {�5} days ❑� �he casualty. �111he�her o�- not Lender's <br /> securi�y is impaired, Lender may, a� Lender's efectivn, recei�e and �-�ta�n the prviceeds ��any Ensurance and apply. <br /> �h� proceeds t❑ the reductian v�the Inde�tedness, payment ❑fi any lien affec�ing �he Property, or #he restorati�n <br /> and repair of the Prvperty. If Lender elects �v apply the proceeds t❑ restoration and repair, Trus�or shall repair or <br />