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2� 17� 1439
<br /> DEED �F TRUST
<br /> Lvan No: 'I�13��33� �C�ntinued} Page 3
<br /> Lender's Right�v Enter. Lender and Lender's agents and represenfiati�es may enter upan the Real Property at all
<br /> reasonable times to afifiend to Lender's interests and to inspect the Rea� Pr�perty for purpvses �� Trustor's
<br /> compliance wi�h�he�erms and c�nditians of�his ❑eed❑�Trus�.
<br /> Compliance with Governmental Requirements. Trustor sha[E prvmptly c�mply wi�h all laws, ardinances, and
<br /> �-egulations, now o�- hereafter in ef�ect, �� a�I go�ernmental authari�ies appli�able �o �he use ar occupancy �fi the
<br /> Prvperty. Trustor may con��s�t in goad fai�h any such law, ordinan�e, ar regulativn and withhflld cvmp�Eance during
<br /> any proceeding, in�luding appropriate appeals, s❑ long as Trus�o�- has noti�Fied Lender in w�iting prior�a doing so
<br /> and so I�ng as, in Lender's sole opinion, L�nder's interests 3n the Prvperty are not jeapard�zed. Lende� may require
<br /> Trus�or ta post ade�ua�e security❑r a sure�y bond, reas�nably satisfa��ory�o Lender,to protect Lender's interest.
<br /> Duty to Protect. Trustor agrees nei�her �o abandon ❑r fea�e unattended �h� Prvperty. Trustvr shall d� all v�her
<br /> acts, in addition t❑thase ac�s set�Forfih a�o�e in�his sec�ion, which from �he character and use ❑f�he P�-operty are
<br /> reasonably n�cessary to prvtect and preser�e the Property.
<br /> DUE�N SALE- C�NSENT 6Y LENDER. Lender may, at Lender's option, dec�are �mmedia�ely due and payable all sums
<br /> secured by this Deed o�Trusfi upon the sale ❑r transfier, without Lender's prior wri��en consent, ❑f al� or any par�o�f the
<br /> Real Prvperty, nr any in�eres�in the Real Prvper�y. A "sale or transfer" means �he conveyance ❑�F Real Property ❑r any
<br /> righ�, �itle or in�eres� in �h� Real Property; whether legal, bene�i�ial or equi�able; whether �olunfary or in�oluntary;
<br /> whe�her by ou�right sal�, deed, insfiallment safe con�racfi, land confiract, con�ra�� for deed, leasehoEd interest with a
<br /> term greafier than fihr�e �3} years, lease-vptivn confiract, or by sale, assignment, ❑r�ransfer of any ben�ficial interest in
<br /> ❑r�o any land trus� holding �kit�e to�he Real Property, ❑r 1ay any ❑ther method of can�eyance of an in�eres� in�he Real
<br /> Proper�y. Howe�er, this ❑pfiion shall no� b� exercised by Lender if such exercise is prohibi�ed by �ederai faw or by
<br /> Nebraska law.
<br /> TA�ES AND LIENS. The �ollowing provisians relating tv fihe taxes and liens vn the Property are part ❑f�hEs ❑eed of
<br /> Trus�:
<br /> Payment. Trustor shal� pay when du� �and in all e��n�s privr ta definquency} all taxes, special taxes, assessments,
<br /> charges {incfuding water and sewery, �ines and impositions [e�ied againsf or on accaunt�f the Prop�r�y, and shaf!
<br /> pay when due all claims far wvrk dane an or for se��ices �rendered o�r ma�terial furnished fia fihe Prvper�y. T�-ustor
<br /> shall ma�ntain the Prop�rty free of all liens ha�ing priori�y oWer vr equa�tv fihe inte�-est of Lender under th�s Deed of
<br /> Trust, except �or the lien vf taxes and assessments nat due and except as ❑�herwise proWided in this Deed a�f
<br /> Trust.
<br /> Right to Contest. Trus�or may wi�hhold payment of any�ax, assessmen�, or claim in connectivn with a good #aith
<br /> dispute o�er the abligation to pay, s❑ Iong as L�nder`s �nterest in the Praper�y �s nvfi jeopa�-di�ed. If a �ien arises or
<br /> is filed as a result of nvnpaymen�, Trus�or shall within �Efteen ��5� days after the iien arises ❑r, i� a �ien is filed,
<br /> within fifteen ��5� days af�er Trus�or has notice o�the filing, secure the discha�-ge ❑f the lien, ar if r�quested by
<br /> Lende�-, depvsi�wi�h Lender cash or a su��icien-�corporate surety b�nd or❑ther security sa�isfac�ary�a Lender in an
<br /> amaunt su��fi�ient to discharge the lien plus any costs and attorneys' �ees, vr❑fiher�harges that cflu�d accrue as a
<br /> resulfi of a fioreclosure vr sale under the iEen. In any cvntest,Trus�or shall defend itself and Lender and sha�!satisfy
<br /> any ad�erse judgmen�before enforcement against the Property. Trustor shall name Lende�as an additivnal obligee
<br /> under any sure�y bond furnished in the ��ntes�proceedings.
<br /> E�idence o�Payment. Trustvr shall upon demand fiurnish to Lender sat�s�actary e�iden�e of paymen�v�the�axes
<br /> or assessmen�s and shali authorize the appropria�e go�ernmen�al ❑fficial ta deli�er to Lender at any time a writ�en
<br /> statem�nt of the taxes and assessmenfis against the Praperty.
<br /> No�ice o��ons�tructivn. Trustor sha[f no�ify Lender afi �eas��Fifteen {�5} days be�ore any work is �vmmenced, any
<br /> serWi�es are furnished, or any ma�erials are supplied �o �he Proper�y, if any mechanic's lien, materialmen's lien, o�r
<br /> ❑ther lien could be asserted on account of the wa�-k, ser�ic�s, or materials. Trustor will upan request vf Lender
<br /> fu�nish to Lender ad�ance assurances satisfactory t� L�nder fha� Trus�or can and will pay the cvst af such
<br /> �mprv�emenfis.
<br /> PR�PERTY DAMAGE INSURANCE. The fo�[owing pro�isions rela�ing to insuring the Proper�y are a part❑��his Deed ❑f
<br /> Trust.
<br /> Maintenance af Insurance. Trustor shall pra�ure and maintain palicies of fire tnsurance wi�h standard �xtended
<br /> coverage endvrsements on a fair �alue basis �or the fiull insuralale �alue �v�ering a�i Impr��emen�s ❑n the Real
<br /> Proper�y in an amvunt suf�icient to avvid application v� any coinsurance clause, and with a standard mor�gagee
<br /> clause in fa�or of Lender, tog�ther with su�h ❑ther hazard and liability insuran�e as L�nde�may reasvnably require.
<br /> Poli�ies shal� be wrifiten in form, amvunfis, co�e�ages and basis reasona��y acceptable tv Lender and issued hy a
<br /> company ❑r companies reasanabiy acceptable to Lender. Trust�r, upon re�uest ❑� Lender, wit� del��er tv Lender
<br /> firvm fiime fiv time�he palicies or�erfiificates ��F insurance in �orm satisfactary�v Lender, in�luding s�ipulations tha�
<br /> co�erages wiil not be cancelled or dimin�shed without at least ten ��4} days prior wri�ten natice to L�nder. Each
<br /> insurance paiicy also sha�f include an endarsement pro�iding that ca�erage in fa�or of Lender will nvt he impaEred
<br /> in any way by any ac�, vmission ❑r de�ault vf Trustor or any ofiher p�rson. Shauld�he Reai Property be Ivca�ed in
<br /> an area designated hy�he Adminisfratvr a�the Federal Emergency Management Agency as a special fload hazard
<br /> area, Trustor agrees �o ❑btain and maintain Federal Flvvd Insurance, if aWa�lable, within 45 days ai-ter notice is
<br /> gi�en by Lender�ha�the Praperty �s located in a special flvvd hazard area, �For the �ull unpatd principal balance of
<br /> the �oan and any prior liens on the prvperty securing �he loan, up to the maximum poEicy limits set under the
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