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2� 17��8�3
<br /> �3EED �F TRU�T
<br /> Loan Nv: ��'13���47 ��ont�nued} Page 3
<br /> so �ong as Trustor has no�ified Lender in wri�ing priar�� doing so and sv Iong as, in Lender's sale opinion, Lender's
<br /> in�erests in �he P�operty are not jeapardized. Lender may require Trus�or t❑ pos� adequa�e security or a sure�y
<br /> hond, �easvnably sa�isfa�tary to Lender, t❑ protec� Lender`s in�eres�.
<br /> ❑uty �❑ Pro�ect. Trusfor agrees neifiher �o abandon ❑r lea�e unattended the Property. Trust�r sha�� do al� �ther
<br /> ac�s, in additian to thvse acts se��orth aboWe in this section, which fram the charac�er and use of the Property are
<br /> reasonahly n�cessary to protect and preser�e the Property.
<br /> DL1E flN SALE-CDNSENT BY LENDER, Lender may, a� Lender's apti�n, declare immedia�ely due and payable all sums
<br /> secured by this Deed ❑�Trus�upan the sale �r�ransfer, without Lender's prior wri�ten cansent, v�a�� vr any par-t of�he
<br /> Real Proper�y, or any interest in the Real Property. A "sale vr transfer" means�he cvn�eyance ❑f Real Praper�y or any
<br /> righ�, �itle or fnterest in the Real Prvperty; whether legal, beneficial or equitable; whether �oluntary or inWvlun�ary;
<br /> whe�her by ou�righ� sale, deed, ins�allment sale cantract, land contract, con�ract �or deed, leaseh�ld in�erest with a
<br /> �erm grea�er than three �3} years, lease--op�ion cont�act, ar k�y sale, assignmen�, or transter �f any bene�fFcial interes� in
<br /> or fio any land �rust ho�din� �i�le to �he Real Proper�y, or by any other method of con�eyance of an interest in the Real
<br /> Proper�y. 1�F any Trustar is a corpora�ion, partnersh�p or �imited liability ��mpany, �ransfer afso inciudes any change in
<br /> ownership o-�more than twenty-�i�e percent t25°/�} o��he�oting stock, partnership in�erests or limi�ed ffabilifiy company
<br /> in�eres�s, as �he case may be, a�such Trus�ar. Howe�er, this vption shall not be exercised by Lender if suGh exercise
<br /> is prahibi�ed by��deral law ❑r by Nebraska law.
<br /> TAXES AND L1ENS, The �Fo�Iowing pro�isions relatFng ta �he taxes and Iiens on fihe Proper�y are part af this i�eed of
<br /> Trust:
<br /> Payment. Trus�or sha�1 pay when due �and in all e�en�s prior t❑ de[inquency} all�axes, special taxes, assessmenfis,
<br /> �harg�s �including wa�er and sewer}, �ines and impos�tians le�ied against ❑r ❑n ac�aunt �f�he Proper�y, and shall
<br /> pay wh�n due aIF cla;ms �or work done an or for ser���es rendered or material furnished t❑ �he Property. Trusfior
<br /> shatl maintain�he Prvperty free n�all liens ha�ing priorifiy o�er❑r equal ta the inte�-est o�F Lender under�his Deed v�
<br /> Trust, excep� for the li�n of �axes and assessments n�t due and excep� as o�herwise pro�id�d in �his Deed of
<br /> Trus�.
<br /> Right to Contest. Trus�or may wi�hhold paymenfi vf any tax, assessment, or claim in cannection with a good fai�h
<br /> dispu�e o�er�he abliga�ion ta pay, so I�ng as Lender's interest in the Property is no�jeopardized. I�a lien arises �r
<br /> is fil�d as a result o� nonpaymen�, Trustor shall wi�hin �ifteen {15} days aft�r the lien arises ar, if a lien is fEled,
<br /> within �ifteen {�5} days after Trustor has nv�i�e v#the filing, secure fihe dis�harge o�the lien, or if re�uested by
<br /> Lender, deposifi wifih Lender cash or a sufficFent corporate surety laond ar ather security satis�actvey to Lender in an
<br /> amoun�suffi�ien��o discharge the lien plus any cosfis and attorneys' fees, ❑r other charges �hat c�uld accrue as a
<br /> resul�af a fnreclosure or sale under�he lien. ln any contes�,Trustar shal� defend itsel�and Lend�r and shall sat�s�fy
<br /> any ad�erse judgmen�before enforcement against�he Prop�rty. Trustor sha�� name Lender as an additional ab�igee
<br /> under any surety bond furnished in�he contes�proceedings.
<br /> Erridence v�F Payment. Trustar shall upon demand furnish to Lende�sa�isfac�ory e�idence a�paymen�❑�the taxes
<br /> or assessmenfis and shall au�horize the apprapriate go�ernmental of�icia�t❑ deli�er to Lender afi any time a written
<br /> statement o�the�axes and assessments agains��he P�-operty.
<br /> No�ice of Cvns�ruc�ion. Trustor sha�� n�tify Lender at least fifteen ���} days before any work is commenced, any
<br /> services are furnished, ar any mater�als are supplied to the Proper�y, if any me�hanic's lien, mat�rialmen's lien, o�-
<br /> other �ien �auld be assert�d on accoun� ❑f the work, serWices, or materials. Trustar will upon request of Lender
<br /> �urnish to Lender ad�ance assurances safiis�actory ta Lende�r �khat Trustvr can and will pay the cast o� such
<br /> imprv�ements.
<br /> PR�PERTY DAMAGE [NSURANCE. The follow�n� prv�isivns rela�ing ta insuring �he Property are a par�a��his De�d ❑f
<br /> Trust.
<br /> N[a�ntenance af lnsurance. Trus�or sha11 procure and main�ain polEcies ❑�f fire insuranc� wi�kh standard ex�ended
<br /> cv�erage endorsements on a replacement basis for the full insurable �alue covering all impraWements vn the Reai
<br /> Praperty in an amaunt su��icient ta a�aid appiicatian of any coinsuran�e clause, and wi�h a standard mortgagee
<br /> �lause in fa�or of Lender. T�rustor shall a[so p�-ocure and maintain comprehensi�e general liab�lity insurance in such
<br /> ca�erage amvunts as Lende�- may reques� with Trustee and Lender being named as additionaf insu�-eds in such
<br /> liability insurance palicies. Additianally, Trustar shall maintain such vther insurance, includEng bu� not limited �❑
<br /> hazard, lausiness infierruption, and hoiler insurance, as Lende�- may reasvnably requir�. Po�icies shall be written in
<br /> form, amounts, co��rages and basis reasonably a�ceptab�e to Lender and issued hy a c�mpany vr �ompanies
<br /> reasvnably accep�ab�e t❑ Lender. Trus�vr, upon reques� of Lender, will deFi�er ta Lender �rom time t❑ t�me the
<br /> policies ❑r cert�f��ates ❑�insurance in farm sa�isfactv�y to Lender, inc�uding stipulations tha�co�erages will nvt be
<br /> can�e�fed or diminished wi�hout at least ten {��} days priar wri��en notice to Lender. Each insurance palicy also
<br /> shall include an endvrsemen�pro�iding tha��o�e�-age in �a�or vf Lender will nvfi be impair�d in any way by any act,
<br /> omissi�n or d�faul� ❑�Trustar or any other persan. Should the Rea! Property be located in an area designa�ed by
<br /> the Administratvr�f�he Federal Emergency Managemen�Agency as a special flood ha�ard area, Trus�vr agrees to
<br /> ol�tain and maintain Federaf Flood lnsurance, if a�ailable, within 45 days after nvtice is gi�en by Lende�-�ha� the
<br /> Property is located in a specEa[tlavd hazard area, �ar the fu�l unpaid principal 1aa�ance of�he laan and any prior�Eens
<br /> ❑n the property securing�he Ioan, up to the maximum policy limits se�under the Nationaf Flaod lnsurance Program,
<br /> ❑r as�therwise�-equired by Lender, and to maintain such insurance�or the term of�he laan.
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