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2� 17�2214
<br /> DEED �F TRUST .
<br /> � �Continu�d� Page �
<br /> Envi�onmentaI Laws. Trus�or au�horizes Lender and its agents -�o en�er upon fihe Property ta make such
<br /> inspeGtians and �es-�s, at T�-us�or`s e�pen�e, as Lender may d�em apprvpriate to determine �ampIiance ❑f the
<br /> Property with this sect'son of the Beed af Trust. Any inspec�ions or tests made by Lender shail be for Lend�r`s
<br /> purposes only and sha1I not be �onstrued to create any responsibifi�y or Iiabiiity �n the part o�F Lender�o Trus�ar or
<br /> to any❑�her person. The �-epresenta�ions and warran�ies can�ained herein are based on Trustor's due diligence in
<br /> in�estiga�ing �he Pt-operty �For Ha�ardous Substanc�s. Trustar hereby {'I} reIeases and wai�es any future alaims
<br /> agains� Lende� ��r indemnfty or confiribu�ian tn the event Trustor becomes tiable �ror cjeanup ar other cvsts under
<br /> any such faws; and ��} agrees to indemnify, defend, and hold harmless Lender agains�any and a11 claims, Iosses,
<br /> liabi�ities, damages, penalties, and expenses which Lender may dir-ectly or ind�r�ec-�ly su�tain or-suffer resulting��vm
<br /> a breaGh ❑f this se�#ion o�th� Deed of Trus� or as � consequence af any use, generation, manufacture, �torage,
<br /> disposa�, release or threatened ral�ase oc�u�rsng priar to T�ustor`s awn�rship or interest in the P�operty, �vhether o�
<br /> no� the same was ❑r should ha�e been known to Trus�ar. The p�-ovisions of �his s�ction of the Deed of Trus�r
<br /> inc[uding the obIigation�o indemnify and defend,shal�sur�ive th�paym�n�o�the Indeb�edness and the satis�ac�ion
<br /> and recon�eyance af�he lien of this D�ed af Trust and shall nat be afif�c�ed by Lender's acquisifian of any interest
<br /> in the Property, whe�her by foreclasu�-e c�s ot�erwRse.
<br /> Nuisan�e� Waste. Trustor shall not cause, conduct or permi� any nuisance no�- cammit, p�rmit, o� suffer any
<br /> stripping o� or waste on o�-fo �he Prap�rty or any portian af the PrQperty. Wi�hout Iim�ting �he generaiity o�the
<br /> faregoingr Trus�or wi!! nat remo�e� �r grant to any o-�her parky th� right to remave, any timber, mineraIs {inc�ud'rng
<br /> oil and gas}, �oal, clay, scoria,svil, gra�el ❑r rock products wi�hvut Lender's prior written consent.
<br /> Remova�vf[mprovements. Trustor shall n��demolish or remove any Imprn�em�n�s from fhe Real Prvperty without
<br /> Lender's prior writ�en cansent. As a candition to the removal of any Imp�ovements, Lend�r may require Trus�ar to
<br /> make arrangements satisfac�ory t❑ Lender �❑ repia�e such Improvements with Impro�ements of a� �eas� equal
<br /> value.
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<br /> Lenderrs Right to Enter. Lende� and Lende�4s agents and repr�senta�i�es may enfer up�n the ReaI Prope�ty at a!!
<br /> r�asanable times to attend �a Lende�'s interests and ta inspect the ReaI P�aperty for purpases ❑f Trustar's
<br /> compl�an�e v�►�i�h�he terms and �onditians o�this Deed a�Trust.
<br /> Compliance with Gvrrernmental Requirements, Trustar shalf promptly cnmply with aII 1aws, ordinances, and
<br /> reguCa�ionsr now vr hereaf-ter in effect, ❑f alI governmental authnrities appIicabl� �o �he use or accupan�y ❑f the
<br /> Property. Trustar may cantest in gaod faith any such law, ordinancet ❑r r�gulati�n and withhoCd camp[iance during
<br /> any proceeding, incIuding appropria�e appeals� s❑ Iong as T�ustar has nofiified Lender in writing prior to doing s❑
<br /> and s❑ long as, in Lende�'s sole opinion, Lenderrs intet-es�s in�he Property are nat jeopardiz�d. L�nd�r may require
<br /> Trus�ar to pas�adequate security❑r a surety bond, r�asonably sa�isfac�ary to Lender,to profect Lend�r's interest,
<br /> Duty to Pratect. Trustor ag�ees neither �a abandvn ar lea�e unatkended the Property. Trustvr shalj do all o�her
<br /> ac�s, in addition to�hase acfs se�forth above in�his section, which from th� �haracter and use ❑f the Pr-operty are
<br /> reasonab�y necessary to prot�ct and preserv�the Proper�y,
<br /> DL]E�N SALE�C�NSENT 6Y LENDER. Lende�may, at Lender's apfi�n, declare imm�diately due and payable a1I sums
<br /> se�ured by�his �eed v�F Trus�upon the sale or transfer-, wi�houf Lend�r's priar written consen�, vf a11 or any part of�he
<br /> Real Pr-operty, or-any int�res�in the Real Praperty. A ttsale �r�ransfer" means the con�eyance o�Real P�oper�y or any
<br /> righf, title ar interes-� in the Real Praperty; whether �egaI, bene�icia! or equifabl�; whe�her �aluntary or invaIuntary;
<br /> whether by au�righ� sale, deed� insfaffinen� sale �antract, land con�tra��, can�rac� far deed, l�asehold interes� with a
<br /> term greater than �hree �37 years, lease--option �nntract, or by sale, assignmen�, v�-transfe�a�any beneficial interes�in
<br /> ❑r to any land trust hoIding title ta �he Real Prope�y, ❑r by any other method af conveyance ❑f an interesf in the Rea!
<br /> Praperty. Haweverf this option shall nat be exercised by Lender i�F such exercise is prahibi�ed by fed�ral 2aw ar by
<br /> Nebraska iaw.
<br /> TAXES AND LfENS. Th� foIlowing pro�isions reIating �o the �axes and �iens on �he Pr�perty are parC ❑f this Deed of
<br /> Trus�:
<br /> Payment. Trustor shall pay when due {and in aI� e�en�s priar ta d�Iinquency} aII taxes� special taxes� as�essments,
<br /> charges �including wa�er and sewer}� �11785 and impositions fevied against vr on account a�the Property� and shaIl
<br /> � pay when due alI cIaim� for work dane on or�Fo�servic�s render-�d ❑r materia� furnished to �he Property. Trus��r
<br /> shall main�ain�he Property�ree of aII liens having priarity��er or equal�o the interes�o�Lender under this ❑eed o�
<br /> Trus�, except far the lien of taxe� and assessments not du�r �x�ept for the Existing Indebtedn�ss referred ta
<br /> below, and except as vtherwise pro�ided in fhis Deed of Trust.
<br /> Right fio Contest. Trustor may withhald payment of any tax, assessment, or claim in conn�ction wi�h a good faith
<br /> dispute ❑�er the obligatian�o pay� so Iong as Lender`�interesf in�he Praperty i� no�jeopardized. If a lien arises or
<br /> �s �i4ed as a resul� of nonpaymen�, T�ustor shall within fiffeen {'4 5� days after the �i�n arises or, if a lien is filed,
<br /> within �ifteen ��5} days af�er Trustor has natice o�F the �iling, secure th� discharge of the Iien, or rf requested by
<br /> Lender, deposi�with.Lender-cash or a suffi�ient�orpora�e surety band or o�her security satisfacfory to Lender in an
<br /> amaunt sufficient�o discharge�he lien plus any casts and attorneys� fe�s, o�-❑ther charges that c�uld accrue as a
<br /> resuIt of a foreclasu�e❑r safe under�he Iien. in any contes��Trustor shall defend itself and Lende�and shall satisfy
<br /> any ad��rse judgmen�before�nforcement against the Property. Trustor-shall name Lender as an additional obligee
<br /> under any surety bond furnish�d in the contesfi pra�eedings.
<br /> Eviden�e of Paymenfi. Trustor shall upon demand furnish fo Lender satisfac�ory evid�nce o�payment v�the taxes
<br /> or assessments and shaii authvrize the apprapriate governmental o-F�icia� to deli�er�o Lender at any time a written
<br /> statemen't af the�axes and assessments against the Property.
<br /> No�ic� vf Construction. Trustor shall n�tify Lend�r a� least fifteen �"i 5� days before any work is cammenced, any
<br /> ser�ices are furnished, ❑r any materiais are supplied t❑ �he Propertyr i�F any mechanic's �ien, materia[men's Iien, or
<br /> o�her iien Gauid �e asserted ❑n account of �he work, ser�ices, or ma�eria2s and the cost exceeds $1,(���.OD.
<br /> Trus�or wiII upon request of Lender fu�nish to Lender ad�ance assurances satis�Factory�❑ Lender thaf Trustor �an
<br /> and wi�� pay�he cost❑f such impr��ements.
<br /> PRaPERTY DANiAGE jN5C3RAN�E. The�ra�iowing pro�isions rejating to insuring the Property are a part ofi�his Deed ofi
<br /> Trust.
<br /> Maintenan�e of Insurance. Trust�r shall procure and maintain policies ot fire insurance with s�anda�d ex�ended
<br /> coverage endarsements an a replacement ba�is for the fuI1 insurable �aIue co�ering aII Impr�o�emen�s on the Real
<br /> Pr�perty in an amount sufficient �o a�oid application of any coin�urance clause, and with a standa�ci mortgagee
<br /> cIause in�avar❑f Lender,together vvith such athe�hazard and Iiabili�y insurance as Lender may�-easanably r�quire.
<br /> Policies �hall be writxen in form, amaunts, coverages and basis r-easonabIy acGepfable �� Lender and issued by a
<br /> company �r campanies reasonabiy accep�able �o Lend�r. Trustor, �upon �-equest ❑f Lend�r, wiii deIi�er to Lender
<br /> �rrom�im�to time�he policies ❑r certi�ica�es o�insurance in form safisfactory fo Lender, inc�uding stipujations tha�
<br /> coverages will not be cance�fed ar diminished wi�haut afi Ieas�thirEy (3�7 days prior written nvtice�o Lender. Each
<br /> insurance policy a1s❑ shall �ncIude an endarsement pro�iding �ha� co�era�e in fa�or of Lender wilI no� be impaired
<br /> in any way by any act, ❑mission ar de�au�t❑f Trustar�r any ather person. ShauId the R�a[ Praperty be Ioca�ed in
<br /> an area designated by the Adminis�ra�or vf�he Federai Emergency Management Agency as a special filood hazard
<br /> area, Trus�or agrees to ob-�ain and maintain FederaI Ffood Insuran�e, if a�ailak�ler �or the maximum amoun� af
<br /> Trustor's credi��ine and#he�Full unpaid pt�incipa! baIance o�F any priot-Iiens ❑n�he praperty securing �he laan, up�o
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