2� 17��85�
<br /> DEEI] �F TRUST
<br /> Laan No: �D�3���3� �Continued} Page 3
<br /> Property, �nc�uding withou� limi�ativn, the Americans Wi�h Disabi�ities Act. Trustor may contes� in good faith any
<br /> such law, �rdinance, or regula�ian and wi�hhold compliance during any proceeding, including appropria�� appeals,
<br /> sa lon� as Trustor has natFfied Lender in writing prior-to doing so and so I�ng as, in Lender's sole opinion, Lender's
<br /> interests in �he Property are no�jeopardi�ed. Lender may requ�re Trustvr t❑ pos� adequate security or a surety
<br /> �ond, reasonably satis�acto�y tn Lender, �❑ pro�ect Lender's in�erest.
<br /> Duty #o Prvfiec�. Trus�or agrees neithe� �o abandon ❑r leaWe una�t�ended �he Praper�y. Trusfior shall do all other
<br /> a�ts, in addition to�hose acts set for�h abo�e in�his se�tion, which from �he character and use o�fihe Property are
<br /> reasonably necessary�to prote��and preser�e�he Property.
<br /> DUE DN SALE- C�NSENT BY LENDER. Lender may, a�Lender's vptivn, dec�are immediately due and payable all sums
<br /> secured by�his Deed o�Trust upon�he sal� ❑r�rans�er, withvut Lender's prior written consent, ❑f all a� any part of the
<br /> Real Property, or any interes� in the Rea� Proper�y. A "sale ar�ransfer" means the cvn�eyance of Rea1 Praper�y or any
<br /> righ�, �itle or in�erest in �he Real Proper�y; whether legal, bene�icial ar equitable; whether �olun�ary or in�olun�ary;
<br /> whe�her by au�righ� sale, deed, instal�ment sale contract, land contract, con�ract �or deed, leasehold in�erest wi�kh a
<br /> term greater than �hree �3� years, lease-ap�ian con�ract, or by sale, assi�nmen�, or�ransfer o�f any bene�icial in�eres� in
<br /> ❑r t❑ any land trust holding title �❑ the Rea� Property, or by any ❑ther me�hod ❑f con�eyance of an interest in �he Real
<br /> Property. I� any Trustor is a corpvration, partnership or limi�ed �iability campany, �ransfer als❑ includes any change in
<br /> �wnership af mvre than fiwenty-�i�� percent �25°/Q} af fihe Wa�ing stock, par�nership interesfis or limited liability �ompany
<br /> in�eres�s, as fihe �ase may be, of such Trus�vr. Howe�er, �his option shall no�be exercised by Lender i�such exercise
<br /> is prvhibited by federal law or 1ay Nebraska law.
<br /> TA7�ES ANi3 LIENS. The �vflvwing pro�isians rela�ing fi� the taxes and liens on th� Proper�y are part ❑�this Deed o�
<br /> Trus�:
<br /> Payment. Trus�vr sha�� pay when due �and in all eWenfis prior to delinquency} a���axes, special�axes, assessmen�s,
<br /> charges �including water and sewer}, fines and imposi�ions �evied against ❑r an account of the Prvperty, and shall
<br /> pay when due all claims ��r work done on or for servi�es rendered or ma��rial furnished ta the Pr�per�y. Trus�or
<br /> shall maintain�he Property�ree af all liens ha�ing priority o�er or�qual to the fnterest❑�Lender under this Deed of
<br /> Trust, except �or the lien ❑� taxes and assessmen�s no� due and except as atherwise prv�ided in this Deed ❑f
<br /> Trust.
<br /> Right tv Cvnfies�. Trustvr may wi�hhold payment❑f any tax, assessmen�, �r claim in cannectian with a good fai�h
<br /> dispu�e aWer the vhligation�a pay, sa long as Lender's interest in�he Praper�y is no�jeopardized. lf a lien arises�r
<br /> is filed as a r�sult o� nonpayment, Trus�or shall with�n fif-�een ��5} days a�fter fihe lien arises or, if a lien is �i�ed,
<br /> within �ifteen �15} days after Trus�or has na�ice ❑f the �iling, se�ure the discharge ❑�f the lien, or s� reques�ed 1�y
<br /> Lender, d�posi�wi�h Lender cash or a su��ficient corporafie surety bond ❑r other securifiy sa�isfa�tory t� Lende�in an
<br /> amoun�su��icien�t� discharge fihe lien plus any costs and attnrneys' f�es, or a�her �harges that cauld accrue as a
<br /> resul�o�a fareclasure or sale under the �ien. En any contest, Trustor shal[ de#end itsel�and Lende�and shall safiis#y
<br /> any ad�erse judgment before enforcement agains��he P�-ope�ty. Trus�or shall name Lender as an additionai obligee
<br /> under any sure�y bvnd furnished in the c�ntest pra�eedings.
<br /> E��dence ❑�Payment. Trustor shall upon demand furnish�o Lender sa�isfactory e�idence of payment o�the tax�s
<br /> or assessments and sha�l auth�rize th� apprapria�ke go�ernmen�al o��icial t� deli�er to Lender at any�ime a writ�en
<br /> s�afiement of the�axes and assessments a�ainsfi the Property.
<br /> No�ice of Construction. T�-us�or sha�E notify Lender a� least fi€teen ��5� days be�vre any work is cammenced, any
<br /> ser�ices are fiurnished, ❑r any materials are supplied�v fihe Property, i�any mechanic's lien, materialmen's lien, �r
<br /> o�her lien could be asserted on accvunt of�he work, ser�ices, or ma�eria�s. Trus�or will upon request vf Lender
<br /> furnish ta Lender ad�ance assurances sat�s�actory to Lender tha� Trus�ar can and will pay �he cvs� of such
<br /> improWements.
<br /> PR�PERTY DAMA�E INSURANCE. The fv�iowing pra�isions relating to insuring the Proper�y are a par�t vf fihis ❑eed a�
<br /> Trus�.
<br /> Maintenance v� Insurance. Trusfior shalf procure and maintain polici�s of fire insurance with s�andard extended
<br /> co�erage endarsements �n a replacemen�t laasis for�he full insurable Walue co�ering all �mpra�emenfis ❑n the Real
<br /> Praperty in an amvunt sufficient ta aWvid applicatE�n of any coinsurance clause, and wEth a standard mar�gagee
<br /> c�aus� in fa�or❑f Lender. Trustor shall also procure and mainfiain Gomprehensive general liabil�ty insuran�e in such
<br /> coverage amounts as Lender may request w�th Truste� and Lender �eing named as additivnal insureds in such
<br /> fiabiEity insurance poli�ies. Addi�ionally, Trustvr shall maintain such ofiher insurance, including but not �imited ta
<br /> hazard, business interruption, and boiler insuran�e, as Lender may reasonab�y require. Pvlicies shall be written in
<br /> form, amaunts, �o�erages and basis reasonably acceptable �t❑ Lender and issued by a company or companies
<br /> reasonably acceptable tv Lender. Trustar, upvn �equ�s� o� Lender, wi�! deli�er �o Lender frvm t�me t� �ime �he
<br /> palicies ❑r �ertEf�ca�es o�F insurance in fvrm sa�isfacfivey�❑ Lender, incEuding stEpufations fihat �averagss wiEl not be
<br /> �ance�Eed ❑r diminished w�thout at least ten ���} days prior writ�en nat�ce ta Lender. Each �nsurance policy also
<br /> shalf include an endorsemen�proWiding that co�erage in fa�or of Lender will not�e impaired in any way by any ac�,
<br /> omission ar default o�Trustor or any othe�- pers�n. Should the ReaE Praperty be �v�ated in an area designated by
<br /> �he Adminis�ra�or o�the Federa� Em�rgen�y Management Agency as a special flvad hazard area, Trustar agrees�fl
<br /> obtain and maEnfiain Fede�al F�ood lnsurance, i� a�aifabl�, with�n 45 days af�er nvtice is gi�en hy Lender thafi the
<br /> Property is located in a special flood hazar-d area, far the full unpaid principai balance ❑f the faan and any privr lEens
<br />
|