2� 17� 184�
<br /> DEED C]F TRUST
<br /> Lvan Na; 'I D'I 3�'1�79 {Continued} Page 3
<br /> Compliance with Gvvernmental Requirements. Trus�ar shaii prompt[y c�mply w��h af! lawst vrdinances, and
<br /> r�gulafiivns, now or hereaf�er �n eff�ct, o� a!! go�ernmen�al au�horities appiicable ta the use or o��upancy vf �he
<br /> Property� including wEthau� �imita#ion� �he Americans 1Nith Disahiii�ies Act. Trustor may con�est in good faith any
<br /> such �a►nr, ordinance. ar regu�ation and wEthhold campliance during any pro�eeding, including apprapriate appea�s.
<br /> s❑ fang as Trus�or has not�fied Lender in wri�ing prior to doing so and so ivng as, in Lender's sole opin�on, Lender's
<br /> �nteres�s in the Praper�y are not�enpa�di,zed. Lender may require Trustvr to post adequate se�urity or a surety
<br /> bond. reasonably sa�is�actary�a Lender,to protect Lender's �nterest.
<br /> Duty ta Protect, T�ustvr agre�s neither to abandon �r lea�e unattended the Prvper�y. Trustar shall d❑ al� vther
<br /> ac�s, in addition to�hose acts set torth abo�e in this sectian, which from the �haracter and use af the Property ar�
<br /> reasonabiy necessary ta prote�t and preser�e th� P�ope�ty.
<br /> DUE�N SALE-C�NSENT BY LENDER. Lender may, at Lender's ap�ivn, deciare immediately due and payab[e a!I sums
<br /> secured by�his Deed o�Trust upon the sale or trans�er, w�thout Lender's pr�ar written consent, of a��or any par�af the
<br /> Real Proper�y. or any interest in the R�al Property. A "sale or�rans�er" means the con�eyance a�Reai Praperty or any
<br /> right, �it�e or in�erest in the Real Property; whether legai, beneficia� or equi�ab�e; whether volun�ary o� in�nlun�ary;
<br /> whether by outright sale, deed, ins�a�lment sale contract, land contract, contract for deed, ��aseh�[d interes� with a
<br /> term greater than three {3y years� lease-opt�on contract, ar �y saie, assignmen�, or transfer ❑f any beneficia� interest in
<br /> nr to any �and trus� holding title �o the Rea� Proper�y, ar by any other methvd af can�eyance af an interes� in the Real
<br /> Property. Howev�r, this opt�on shali nat �e �xer�ised by Lender i�F su�h exercis� is prvhibited by federai law vr hy
<br /> Nebraska iaw.
<br /> TAXES AND L�ENS. The foliow�ng provisions relating to the �axes and �iens on �he Proper�y are part a��his aeed ❑�
<br /> Trust:
<br /> Payment. Trustvr shall pay when due �and in aI[e�ents prior tv delinquen�y� afE taxes, speciaf taxes, assessments,
<br /> charg�s �including wa#�r and sewer}, fines and impvsEtivns E�vied against o�on a�cvunt of�he Property. and sha�l
<br /> pay when due a!i claims far wark done vn or�or ser�ices rendered or material �urnished to�he Prvperty. Trustar
<br /> shal! maintain the P�oper�y#ree o�a!I liens ha�ing prior��y o�er❑r equal tn the �nterest af Lender under�h�s Deed vf
<br /> Trust� excep� fvr the Iien o� �axes and assessmen�s not due and except as vtherwise pro�ided in this ❑eed of
<br /> Trus�.
<br /> Right tv Gontest. Trustor may withho�d payment o#any�ax, assessment, or c[a�m in conne�tion with a good �ai�h
<br /> disput� aver the obliga�ion�a pay, so �vng as Lender's �nterest in the Proper�y is nat jeopardized. �f a lien ar�ses or
<br /> is filed as a resui� o� nonpaymen�, Trus�or shafl within �ifteen {15} days after �he lien arises or. if a l�en is #iled,
<br /> wi�hin ��fteen �'I 5y days after Trus�vr has nvtEc� af the filing, secure the discharge af the Iien, or i# requested by
<br /> Lender, deposi�wEth Lender cash vr a suffici�nt corpora�e sure�y bond vr o�her security sa�isfactary tv Lender in an
<br /> amaunt suffici�nt to discharge the �ien p�us any costs and attorneys' ��es, or other charges that could accrue as a
<br /> resuIt❑�a�areclasure or sale under the [ien. !n any cvntes�, Trustor shall defend itsei�and Lender and shali satisfy
<br /> any ad�erse judgment be�vre enfarcement against fihe Praper�y. Trustor shal� name Lender as an additivna�obligee
<br /> under any sure�y bond�urnished in the contest praceed�ngs.
<br /> E��den�e vf Payment. Trustor sha�� upon demand furnish to Lender safiis�actary e�idence ❑f paymenr o�the taxes
<br /> or assessmen�s and sha[� authorize the apprapriate ga�ernmenta� offic�al to d��i�er to Lender at any time a written
<br /> statement o�the taxes and assessments aga�nst th� Praperty,
<br /> Nvt�ce of Construc#ian. Trustvr sha�� n�tify Lender at leas�fifteen {'i 5} days be�ore any v►rork is commenced� any
<br /> ser�Eces are furnishedr or any materiais are suppiied ta the Property, if any mechanic's lien, materia�m�n's iien, ar
<br /> ather i�en cauld be asserted an account a��he wark, ser�ices, ❑r materiafs. Trus�or wiii upon requ�st o� Lender
<br /> �urnish �o Lender ad�ance assurances satisfactory �o Lender that Trustor can and will pay the cos� v# such
<br /> imprflvements.
<br /> PR�PERTY DANtAGE INSURANCE. The fvEiowing pro�isions re�ating to insuring the Property are a part❑f�his Deed n�
<br /> T�ust.
<br /> Ma�ntenance of In�urance. Trustar shal� pr�cure and maintain pv�icies of t�re insuran�e with standard extended
<br /> cv�erage endorsements on a �Fair vaEu� basis �or the fu�i insurable �a1ue co�ering al! Impro�ements on the Rea!
<br /> Property in an amount sufficient t� aWoid applicatian ot any co�nsurance clause, and w��h a standard mortgagee
<br /> c�ause in#a�or o�Lender. Trustor shafl aIs❑ prvcure and maintain �amprehensi�e generai Eia�ili�y insurance in such
<br /> co�erage amoun�s as Lender may request wi�h Trust�e and Lender being named as addEtivnai insureds �n such
<br /> liab��ity insurance policies. Addit�onal[y, Trustv� shafi maintain such ❑�her insurance, inciuding but nat iimited ta
<br /> hazard, business in��rruptian, and hviler �nsurance, as Lender may reas�na�ly require. Pvficies shal! be wri�en �n
<br /> �orm, amounts, coverages and basis reasonabiy a�ceptable to Lender an� issued by a �ampany ar campanies
<br /> reasonabiy acceptable tv Lender. T�ustor, upon reques� �f Lender, witf de[i�er to Lende�r fr�m tEme #o time the
<br /> policies ar certi�icates of insurance in form satisfactory ta Lender� including stipula�ivns that co�erages will not be
<br /> cancelled or d�minEshed withvut a� leas� ten {��� days prior written no�ice ta Lender. Each insurance poiicy a�s❑
<br /> sha�� in�Iude an endflrsement pro�iding tha�co�erage in�Fa�or o�Lender will not be impai�ed in any way by any act.
<br /> omiss�vn vr de�ault a�Trus�ar or any ather person. Shou�d the Rea! Property be �vcated in an area designat�d by
<br /> the Administratar of the Federal Emergency Managemen�Agen�y as a specia� fiood hazard area. Trustor agrees to
<br /> ❑b�ain and maintaEn Federa! Flvod Insurance, �f avai�able, within 45 days afte� no�ice is gi�en by Lender that the
<br /> Property�s Iocated in a special flood hazard area� �ar the full unpaid princ�pai ba�ance v#the �oan and any prior liens
<br />
|