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2� 17� 1574
<br /> DEED �F TRUST
<br /> �Cvnt[nued} Page �
<br /> all appficable federal, state, and Io�a� laws, regu�ations and ordinances, including without limitation all
<br /> En�ironmenta� Laws. Trustor authorizes Lender and i�ts agents to en�er upan the Property to make such
<br /> �nspections and tests, at Trustor's expense, as Lender may deem appropria�e to determine �ompliance of the
<br /> Property wi�h this section a� the Deed �fi Trust. Any inspections or tests made hy Lender sha!! be for Lender's
<br /> purposes only and shal[ not be construed to create any responsibility or liability on th� part of Lender�c=Trus�tor or
<br /> �o any other pers�n. The r�presentations and warranties con�ained herein ar� based on Trustor's due �iligence in
<br /> in�estiga�ing the Property for Ha�ardous Substances. Trustor hereby 41} releases and wai�es any �u�ure claims
<br /> agains� Lender fior indemn�ty �r con�ribution in the e�en# Trustor becames I�able for ��eanup or o�her costs under
<br /> any su�h laws; and �2� agrees to indemnify, defend, and hold harm�ess Lender against any and all claims, losses,
<br /> liabilities, damages, penal�ies, and expenses whi�h Lender may directly a�indirectly sustain or suffer resulting�rom
<br /> a br�ach of�his section of the Deed o� Trust or as a �onsequence o� any use, genera�ion, manufacture, storage,
<br /> disposal, re�ease or threatened r�lease occurr�ng pr�vr to Trustor's owne�ship or interes�in�he Property, whether vr
<br /> no� the same was tir should ha�e been known to Trustor. The pro�isians of this sec�ion of the Dee� D� T1"LtS�,
<br /> including the a��igation to ind�mnify and defend, shaii sur�i�e the payment of�he fndebtedness and th�satisfaction
<br /> and recvn��yance of the lien of this ❑eed o�Trust and shal� not be a��ected by Lender's acquisition o�any interest
<br /> in#he Property, whether by f�reclosur�or otherw�se.
<br /> Nu�sance, 11Vas#e, Trus�or shalf nvt cause, conduct �r permit any nuisance nor commit, permit, ar su��er any
<br /> s�ripping o� or waste an or �to the Property a� any porfiion o� the Pr�perty. Wi�hou� limiting the generality o� the
<br /> �oregoing, Trus�or will no� rem��e, or grant�o any vth�r pa�ty the right to remo�e, any timber, m�nera�s �including
<br /> oil and gas�, coal, clay, scoria, soil, gra�el�r rock praducts without Lender's prior wri�ten consent.
<br /> Remo�ai af Imprv�err�en�s. Trustor shaff not d�mo[ish or remo�� any Impro�ements fram�he Real Pr�p�rty without
<br /> Lender's pr�ar w�itten consent. As a conditian�o�he remo�al o�any lmpro�ements, Lender may require T�ustvr to
<br /> make arrangements sa�isfactory ta Lender �o replace such Impra��ments with lmpra�ements o� at �east equal
<br /> �alue.
<br /> Lender's R�ght�a Ent�r. Lender and Lender's agents and representati��s may enter upon the Real Pro�erty a� all
<br /> reasonable times to attend �v Lender's interests and ta inspect the Real Property for purposes o� Trusto�'s
<br /> compliance with the terms and condi�ions of�his Deed of Trust.
<br /> �ampliance with Gavernmental Requirements. Trustar shalf pramptfy comply with a�l laws, ordinan�es, and
<br /> �egulations, now or hereafter in e��ect, a� all go�ernmen�al authoritiss appficable to the use or occupancy ❑f the
<br /> Prvperty, including without limitation, the Americans VIli�h Disabili�ies Act. Trus#or may cantest �n good faith any
<br /> su�h lav�, vrd+nance, �r regufativn and withhv�d �omp�iance during any proceeding, including appropr�a�e appeals,
<br /> sa long as Trustor has na�i�ied Lender in writing p��vr to doing sa and s❑ long as, in Lender's safe opini�n, Lender`s
<br /> in�erests in the Property are nat jeopardized. Lender may requ�re Trus�or t� pos� adequate security or a sure�y
<br /> bond, reasonably sa�isfactory�o Lender, to protect Lender's interest.
<br /> ❑uty fo Pra#ect. Trus�or agrees neither �a ahandon or lea�e una��ended the Prvper�y. Trustor sha�i do a�l other
<br /> acts, in addition tv those acts set�orth abo�e in this section, which from the charac�er and use of�he Property are
<br /> reasanably necessa�y to pro�ec�and preser�e the Property.
<br /> DUE �N SALE- C�NSENT gY LENDER. Lender may, at Lender's option, declare immediately due and payabfe a!I sums
<br /> se�ured by this aeed of Trust upan the sale or transfer, withvut L�nder's priar written cflnsent, of all or any part v�the
<br /> Real Property, �r any interest in the Real Property. A "sale ar trans�er" means the can�eyance ❑f Real Prvp�rty ar any
<br /> right, title or in�erest in �he Rea� Prvper�y; whether iegal, beneficiaf or equitahle; whether �oluntary or in�ofuntary;
<br /> whether by outright sal�, deed, installmen� sale contract, land cantract, contract for deed, leasehald interest w�th a
<br /> term greafier than three t3� years, lease-a#�tion contract, �r �y sale, assignment, vr�rans�er o�any beneficia� interest in
<br /> or t❑ any land trus� holding titfe to the Real Property, or �y any a�her methvd of con�eyance af an �n�erest in the Real
<br /> Praperty. If any Trus�vr is a corporation, partn�rship vr limit�d fiability company, transf�r also inc�udes any change �n
<br /> vwnership of m�r�than twen�y-fi�e percent �Z5°/o� of the �otin� stock, partnership in�eres�s or limited liabi�i�y company
<br /> in�erests, as the case may be, of su�h Trustor. Howe�er, this optian shall not be exer�ised hy Lender if such exercise
<br /> is p�vhibited by federai law vr by Nebraska law.
<br /> TAXES AN❑ LiENS. The fo�lvwing pra�isions relating t� the taxes and liens on the Property are part of th�s Deed of
<br /> Trust:
<br /> Payment. Trustvr shal[ pay when due {and in all e�ents prior to delinquency� all taxes, special taxes, assessments,
<br /> charges �including wa�er and sewery, fines and impasitions �e�ied agains�ar an a�count af�he Proper��►, and shall
<br /> pay when due all clais�-�s for work dane on or �or ser�ices �endered ❑r material furnished to the Property. Trustor
<br /> shall maintain�he Prvpert��ree of alf liens ha�ing priority a��r or equai to the interes�of Lender under this De�d af
<br /> Trust, except for the €ien o� taxes and assessments not due and except as otherwise pro�ided in tNis Deed of
<br /> Trust.
<br /> R�ght ta Con#est. Trus�or may ►Nithhoid payment af any�ax, assessment, or claim in connection w��h a good faith
<br /> dispute v�er#h� obligatian to pay, so long a� Lender's interest in the Proper�y is not jeopardi�ed. If a fien arises or
<br /> is �iled as a r�su�t of nonpaymen�, Trustor shal� ►nr�thin fi�teen �15� days af�er the lien arises or, i� a lien is �iled,
<br /> wi�hin fif�een �153 days a�ter Trustor has notice of the �iling, secure the discharge o� �he lien, or if requested by
<br /> L�nder, depasit with Lender cash or a sufficient corp�rate sur�ty bond or other security sa�isfa�tvey tv Lander in an
<br /> amoun�suffi�ient to discharge the lien plus any cas�s and attorneys' fee�, or vth�r charges tha�could a�cru� as a
<br /> result o#a foreclasure ar saie under the lien. In any cvntest, Trustvr sha��defend i�self and Lender and s�all sat�s�y
<br /> any ad�erse judgment b��ore en�orcement agains�the Proper�y. Trustor shaff name L�nder as an additional obligee
<br /> under any sure�y bond furnished in th� contesfi proceedings.
<br /> E��dence of Paymen�. Trustor shaf� upon demand furn�sh tQ Lender satisfa��ory e�idence o� payment of the taxes
<br /> or assessments and shall authorize �he app�ap��ate go�ernmental offiicial tv deli�er to Lender at any t�me a wri��en
<br /> s�atement a�the taxes and assessments against the Property.
<br /> Nvtice of Ganstructivn. Trustor shall noti�y L�nder at least �i�teen �15} days be�fare any work is �ommanced, any
<br /> ser�ices are furnished, ar any materials are suppfied �o �he Pr�p�rty, i�any mechanic's lien, materiafinen's lien, ❑r
<br /> other lien coufd be asserted ❑n account of the work, servic�s, or materia�s. Trustor wi�l upon request o� Lend�r
<br /> �fu�nish to Lender ad�anc� assurances sa�isfa��ary to Lend�r that Trustor �an and w��� pay the cost of 5uCF1
<br /> impro�ements.
<br /> PRDPERTY DAMAGE�NSURAIVCE. The �olivwing pro��sions relating to insuring the Property are a part o�th�s Deed of
<br /> Trust.
<br /> Maintenan�Q of �nsuran�e. Trust�r sha�l procure and main�ain policies of fire insuran�e with standard ex�ended
<br /> co�erage endorsements an a rep�acement basis for the full insurable �alue co��ring all [mpro�em�nts �n the Reaf
<br /> Pr�p�rty in an amoun� sufficient to a�oid app�ication of any coinsurance clause, and with a standard mvr�gagee
<br /> clause in fa�or❑f Lender. Trustor sha�� also procure and maintain�omprehensi�e general liak�ility insurance in such
<br /> co�erage arnounts as Lender may request with Trustee and Lender being named as additiona� Ensureds in su�h
<br /> �iabili#y insurance pflli�ies. Additionaf[y, Trustor shall maintain such other insuran�e, including �ut nvt limited to
<br /> hazard, �usiness in�erruption, and ba�fer insurance, as Lender may reasonaf�ly require. Policies shall �e w�i�ten in
<br /> �orm, amounts, co�erages and basis r�asonahly acceptabie to Lender and issued by a company or �ompanies
<br /> reasonably acceptable to Lender. Trustor, up�n request of Lender, will deli�er to Lender fram time t� time the
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