Laserfiche WebLink
2� 17� 1594 <br /> DEED �F TRUST <br /> Lvan No: "I Q'I 3�3'155 �C�rltirlu�d� Page 3 <br /> Rsmo�a� ❑f Imprv►►ements. Trustvr shall not demolish vr rema�e any Impra�ements fram the Real Property without <br /> Lender's prior written consent. As a conditi�n to the remo�al vf any Impro�ements, Lender may require Trustor tv <br /> make arrangements satisfactory to Lender t❑ replace such Impro�ements with Impro�ements ❑f at least equal <br /> �alue. <br /> L�nder's Right to Enter. Lender and Lender's agents and representati�es may enter upon �h� Real Property at all <br /> reasonable times ta attend to Lender's interests and �❑ inspect the Real Property for purposes of Trustor's <br /> complian�e with the terms and cvnditi�ns of this Ueed of Trust. <br /> Cvmp�iance with �o�ernmental Requirements. Trustor shall pramptly comply with all �aws, ordinanc�s, and <br /> regulations, now or her�after in efifect, of a�� go�ernmental authorities app�icable to the use or oc�upancy af the <br /> Prop�rty, includ�ng without IimitatEan, the Americans Vllith Disabilities A�t. Trustvr may contest in govd faith any <br /> such �aw, ❑rdinance, ar reguiati�n and withhold complian�e during any praceeding, including appropriate appeals, <br /> sa long as Trustor has natified Lender in writing priar ta doing so and so Iong as, in Lender's so�e apinion, Lender's <br /> inter�sts in the Prvperty are nat jevpa�dized. Lender may require Trustor to post adequate security or a surety <br /> band, reasonably satisfactory t❑ Lender, ta pratect Lender's interest. <br /> Duty to Prote�t. Trustar agrees neither t❑ aban�lon or lea�e unattended the Praperty. Trustor shall do all other <br /> acts, in addition to thase acts set forth abo�e in this section, which from the character and use of the Property are <br /> reasonably necessary ta prvtect and preser�e the Praperty. <br /> DUE �N SALE - �ONSENT BY LENDER. Lender may, at Lender's optivn, declare immediately due and payab�e a�l sums <br /> secured by th�s D�ed ❑f Trust upon the sale or transfer, without Lender's prior written �onsent, ofi all ❑r any part of the <br /> Real Property, ❑r any interest in the Real Praperty. A "sale or transfer" means the con�eyance ❑f Reai Pr�perty or any <br /> right, titl� or interest in the F�eal Property; whether legai, beneficial ❑r equitab�e; whether �otuntary �r in�vluntary; <br /> whether by autright sale, deed, instaliment sale c�ntract, land contract, cantract for deed, leasehald interes� with a <br /> term greater than three �3� years, iease-flptian cantract, or by sale, assignment, ar transfer of any beneficial interest in <br /> ar t❑ any land trust hviding title tv the Reai Property, or by any other method of �an�eyan�e of an interest in the R�al <br /> Property. I� any Trustar is a corporativn, partnership or �Emited liability company, transfer als❑ includes any change in <br /> ownership of more than �wenty-fi�e percent �25°/0� ❑f the ��ting stack, partnership interests ❑r limited liability company <br /> inte�ests, as the case may be, af such Trustvr, Howe�er, this option sha�� nvt be exercised by Lender if such exercise <br /> is prohibited by �ederal iaw or by Nebraska �aw. <br /> TA�ES AND LIENS. The following pro�isions relating to the taxes and fiens on the Pr��erty are part of this Deed af <br /> Trust: <br /> Paymen�. Trusto�shall pay when due �and in a!I e�ents prior to delinquencyy all taxes, spe�ia� taxes, assessments, <br /> �harges �including water and sewer}, fines and Empositions �e�ied agains� ❑r on account �# the Property, and shall <br /> pay when due all claims #or work done on or for ser�ices rendered or material furnished to the Property. Trustor <br /> shall maintain the Property free vf all liens ha�ing prio�ity o�er or equal to the interest ❑f Lender under this Deed of <br /> Trust, ex�ept for the lien ❑t taxes and assessmentS not due and except as atherwise pro�ided in this Deed of <br /> Trust. <br /> Righ#t❑ Contest. Trustor may withhold payment o� any tax, assessment, or ciaim in connectian with a goad fiaith <br /> dispute ��er the ❑bligation ta pay, so long as Lender's �nterest in the Property is not;eopardized. If a lien arises vr <br /> is �iled as a result ot nonpayment, Trustor shall within fifteen ��5� days after the lien arises ❑r, if a lien is filed, <br /> within fifteen �15� days after Trustor has natice ❑f the filing, secure th� discharge ❑f the lien, nr if requested by <br /> Lender, deposit with Lender cash ❑r a sufficient corpnrate surety bvnd or other security satisfa�tory ta Lender in an <br /> amount sufficient t❑ dis�harge the lien plus any costs and attorneys' fees, ❑r other charges that �auld accru� as a <br /> result ❑f a forec�vsure or sale under the lien. In any contest, Trustor shall defend itself and Lender and shall satisfy <br /> any ad��rse judgment before enfor�ement against the Property. Trustor shall name Lender as an additianal ohfigee <br /> under any surety hand furnished in the contest praceedings. <br /> E�idence of Payment. Trustor shall upon demand furnish ta Lender satisfactary evidence af payment of the tax�s <br /> or assessments and shai! authorize the appropriate gaUernmenta! offic�a! to deli�er to Lender at any time a written <br /> statement o�the taxes and assessments against the P�vperty. <br /> Notice vf C�nstructian. Trustar sha�! notify Lender at ieast fifteen �1 5y days before any work �s cammenced, any <br /> ser�ices are furnished, ar any materials are supplied t❑ the Property, if any mechanic's lien, materialmen's lien, vr <br /> other li�n could be asserted on account nf �he work, ser�ices, or materials. Trustor wiil upon request af L�nder <br /> furnish to Lender ad�ance assurances satisfactary t� Lender that Trustor can and will pay the ��st of such <br /> impro�em�nts. <br /> PR�PERTY ❑AMAGE 1N5URANCE. The f�llowing prv�isions relating ta insuring th� Property are a part of this Deed of <br /> Trust. <br /> IVlaintenance vf Insurance. Trustor shali procure and maintain policies af fire insurance with standard extended <br /> �v�erage endarsements on a fair �alue basis for the fui� insurable �alue co�ering all lmpro�ements ❑n the Real <br /> Praperty in an amount suff�cient t❑ a�vid appfication ❑f any cainsurance clause, and with a standard mortgagee <br /> c�ause in fa�or❑f Lender. Trustar shall als❑ prv�ure and mainta�n cflmprehensi�e generaf liability insuran�e in such <br /> co�erage amounts as Lender may requ�st with Trustee and Lender being named as additional insureds �n such <br /> liahility insurance policies. Additionally, Trustor shall maintain such o�her insurance, including but nat limited ta <br />