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2� 17� 139�
<br /> DE�D �F TRUST
<br /> tC�t7t�nu�d� Pag�e 2
<br /> Compiian�e With Environment�[ Laws. Trustar repr�sents and w��rants to Lender�hat: �'�} Du�ring the pe�iod af
<br /> Trustarrs❑v►rnership af the Praperty{there has been n❑ use, generationr manu�acturer starage,treatmen�� disposal,
<br /> release ar�hreatened reIease af any Hazardous Suh�tance by �ny pers�n on, under, about or�rom the Prapert��
<br /> ��} Trustvr has na knowledge o�, or r�eason to beiieve tha�there has been, except as pre�iousiy disclosed to and
<br /> a��nowiedged by Lender in wr�ting, �a� any breach or vio�ation af any En�ironmental Laws, ��} any use�
<br /> genera�ion, manufac�ure, storage, #reatment, dispasal, �efease or threatened release af any Ha�ardaus 5ubs�ance
<br /> onr under, about or from the Property by any pria�- owners or vacupants of�he Properry, or ��} any ac�ual or
<br /> threatened ls�igation or �Iais-ns ti� any kind by any p�rsan rejatsn� to such mat-�ers; and t3} F_xcept as pre�iously
<br /> dis�Iosed�a and a�know�edged by L�nder in writing, �a} neither Trustor nar any tenan�, cvntrac�or, agen�or o�her
<br /> authorized user❑f�he Property shaII user generat�, manu�Fa��ure, starer�reat, dispose of ar reIease any Hazardaus
<br /> Substance on, under, about or firom the Prop�rry; and �b} any such acti�ity shall be conducted Fn compliance wi�h
<br /> aII app2icable -Federa�, s�ate, and Iocaf laws, regu�ations and ordinances, in�[uding wi�haut Iimi�ation atl
<br /> Environmental Laws. T�ustor autharizes Lender and its agents tv enter upon the Property to ma�e such
<br /> inspections and tes�sr at Trustvrrs �xpense, as Lender may deem appropriate rt❑ determine campIiance ofi the
<br /> Property with this se�tivn of the Deed o�Trust, Any inspections vr tests made by Lender sha�� be for Lender�s
<br /> purposes oniy and shaII nat be Gons�rued t❑ create any responsibillty ❑r tiabil�ty on the part❑f Lende�-t❑Trustor❑r
<br /> to any other person. The representations and warranties cantained herein are based on Trustor`s due di�igen�e in
<br /> investigating the Praperty f�r Hazardous Substances. Trustor hereby �'1� releases and wai�es any futu�e claims
<br /> agains� L.ender�or indemnity or contribution in the even�Trustor becomes riable for cleanup or o�her cos�s under
<br /> any�uch iaws; and �2� agrees t❑ indemnifyr defend, and hofd harmless Lender against any and all claims, los�es,
<br /> Iiabili�ies, damages, penalties, and expenses which Lend�r may directly or ind�rectly sustain or su�F#er resuIting fram
<br /> a breach of this section o�the Deed ❑f Trust ❑r as a cansequence ❑t any use, generation, manufacture� starage,
<br /> disposal� �eIease ar threaten�d re[ease accurring prior to Trustor's ownership❑r inte�est in the Praperry,whether or
<br /> no-�the same was or should ha�e been known t� Trusta�-. The pro�isions of this section of th� Deed of Trus�,
<br /> including the❑bIigation ta indemnify and defend,sha��sunrive the paymen�af the Indebtednes$and the�atisfacti�n
<br /> and recon�eyance of the lien of this Deed of T�-ust and shall not be affected by�.ender's acquisition vf any in�erest
<br /> in the Prapertyr whe�her�y for-e�losure or otherwise.
<br /> �
<br /> IVuisance, Wast�. 'I"rus�ar sha�! na� cause, conr�u�t or p�rmi� any nuisance nor commi�r permit, ar suffer any
<br /> stripping of ❑r waste ❑n or t❑ the Pr�opert� or any portion of the Property. Without limiting the generality o�the
<br /> foregaing, Trustor wi11 nnt remo�e, or grant to any other party the right to remo�er any timber� minerals {inc�uding
<br /> oiI and gas}� caal, clay,scoria�soi�, gra�e�❑r rack produ�ts wi�hout Lender's priar written consent.
<br /> RemavaI of lmprovements. Trustor slzall not demofish or remove any Imp�o�ements from the Real Property wi�h�ut
<br /> Lender;s pria�-written consent. As a condit�on to the remo�al a�F any impra��ment�� Lender may require Trustor�o
<br /> make arrangements satis�ac�tory to Lender to replace such �mpro�ements with lmpr�vemen�s of at least equal
<br /> �alue.
<br /> LenderTs R�ght ta Enter. Lender and L�nder's agents and representatives may en�er upon the ReaI Property at a�I
<br /> reasonable times t❑ att�nd ta Lender`s interest� and ta inspe�� th� Rea� Prop�rty for purpo�e� of Trustorrs
<br /> compiiance with the terms and conditions of this Deed o-�Trus�.
<br /> GompIiance with Go�ernmentat Requirements. Trustar shal� promptly comp[y with aII Iaws, ordinancesr and
<br /> reguIa�ians, now or hereafter in effect, of all gavernmental authorities applicable to th� u�e or ❑ccupancy of�he
<br /> Prap�rty. Trustvr may contest in good fai�h any such Iaw, ardin�nce, or re�ulatian and withhald compiiance during
<br /> any proceeding, including appropr�ate appeals, sv long as Trustor has notified Lende� in writing priar tn doing so
<br /> and s❑ long as. in Lender's sole❑pinian, Lender�s interests in the Property are no�jeopardized. Lender may require
<br /> Trustvr to post ad�quate security or a surety bond, reasanably satis�actary to Lender,to pratect Lender's in�erest.
<br /> Duty to Protect. Trustor agrees neither�o abandon �r Iea�e unattended th� Prvperry. Trustor shaii do aII ather
<br /> a�ts, in addition to those acts set forth abo�e in this sectivn,which frvm the character and use of the Property are
<br /> reasonabIy necessary to prote�t and preserve the Praperty.
<br /> DUE Cltl�SALE- C�NSENT BY LENDER, Lender may, at Lender's �ptionr decfare immedia#eIy due and payab[e a��sums
<br /> secured by�his ❑eed of Trust upon the sale ot tr�nsfer. withaut Lender's prior written consent, ❑t afl or any part ot the
<br /> Reaf Property, or any interest in the ReaI Prvperty. A "Sale ❑r trans�er" means the �on�eyance of Real Property or any
<br /> right, title or interest in the ReaI Property; wheth�r Iegal, bene�icial or equitable; whether volun�ary or involuntary;
<br /> whethe� hy outright saler deed, instalfinent saIe cantract� [and cvntract, contract for deed, 1eas�hold interest wi�h a
<br /> term greater than three �3} yearsr iease-optian �antract, ❑r by sale� assignment� vr tran$fer of any benefi�ial interest"rn
<br /> �r to any Iand t�u�t hvsdsng tit��t� the Real Property, or hy any other method �f con�eyance af an interes�in the Real
<br /> Prop�rty. Hav►re�er, this option shal! nat be ex�r�ised by Lenr�er if such exercise is prvhibited hy federal [aw vr by
<br /> Nebraska [aw.
<br /> TAXES AN❑ LiENS. The fia��owing pro�risions reIating tQ the taxes and Iien� ❑n �he Property are part of this Deed o�
<br /> Trust:
<br /> Paymerrt. Trustor shall pay when due (and in al[events prior to deIinquency} aII taxes, specia�taxes� assessments,
<br /> charges �in�Iuding water and sewer}� fines and impositians Ie�ied aga�nst or on a�count o��he Property, and shaCl
<br /> pa� when du� aII claims fvr wark done on ar fior services rendered or� material furnished ta the Pr-operty. Trustar
<br /> sha�I maintain the Proper�ty f�ee a�a�I tzens havin� priarity aver or equaf to�he snterest ot L.ender under�his Deed o#
<br /> Trust, except �or the lien vf ta�es and assessmen�s no� due, except for the Existing Indebtedness refe��ed to
<br /> be�ow, and except as otherwis�pro�ided in�his❑eed o-�Trust.
<br /> Right to Contest. Trustar may withhold paymen�ot any tax, assessment, vr claim in connection with a good faith
<br /> dispute aver th� obligatian to pay, so Iong as Lender's interest in�he Praperty fs not jeopa�dized. If a �4en arises ar
<br /> is fiiled as a resu�t of nvnpaymentr Trus�or shall within �ifteen {7 5} days afiter the Iien arises or, if a lien is fi�ed{
<br /> within �tfteen ��5� days after T'rustor has nvtic� af the �i�ing, seaur� the discharge af the 1ien� or if reques�ed by
<br /> Lender, depasit with Lende�cash ar a sufficient carparate surety bond or�ther se�urity sati��actory t❑ Lender in an
<br /> amount sufficient to discharge the lien pIus any costs and at�orneys' feesr or other ch�rges tha�cauld accrue as a
<br /> resul�of a�Fvreclvsure or sale under�he 1ien, ln any con�est,Trustor sha11 def�nd i�seIf and Lender and shall satisfy
<br /> any adverse judgmen�before enforcemen�against the Prop�rty. Trustar shal!name Lender as an additianal ob�igee
<br /> under any surety bvnd furnished in the c�ntest praceedings.
<br /> Evidence af Payment. Trustor shaII upan demand furnish to Lender satisfactory evidence v�p�yment❑f the�axes
<br /> ❑r assessments and shaII authvrize�he apprapriate go�ernmental official to del�ver to Lender a�any�ime a written
<br /> statement o�the taxes and assessmen�s against the Properry.
<br /> Noti�e of Ganstructian. Trustar shall natify Lender at Ieast fifteen (15� days befa�e any wQrk is commenced, �ny
<br /> servic�s are furnished, ar any materials are supplied to�he Property, �f any mechanic�s llen, materialmen's lien, ❑r
<br /> o�h�r iien could be asserted on accoun� ❑f the work, services� or materials and the cvst exceeds $7,��D.DD.
<br /> Trustar�rviII upon request of tender furnish to Lender ad�ance assurances satisfactory to Lender that Trustor �an
<br /> and wilI pay the cost❑f�uch impro�ements.
<br /> PR�PERTY DANlAGF INSURANCE. The fvIIowing pro�isions reIat�ng �v insuring the Property are a part o�F this Deed of
<br /> Trust.
<br /> Maintenan�e of Insurance. Trustar shall procure and main�ain poIicies af fire insurance with standard ex�ended
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