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2� 17�2271
<br /> �EEQ �F TRUST
<br /> Loan I��: 'I�I'�3�251 E� {��]ntitlued� �age �
<br /> interest in and �ca ali present and futur� leases of �he Property and aii Ren�s trom the Property. In additivn, Trus�or
<br /> grar�ts t❑Lender a Uni�orm CQmmercia� �ode securi�y interest in the F'e�sanal Property and F�ents.
<br /> TWIS DEED UF TRUST, fNGLUDING THE A5SIGNMENT�F RENT� AND THE SECURITY INT�REST IN TWE RENTS AND
<br /> PERS�NAL PR[]PERTY, 15 GIVEN T� SECl1RE {A} �AYIVIENT �F THE �N�EBTEDNESS ANO {B} PERFC�RMAl1iCE QF
<br /> EAC�t L1�F TRUST�R'S AGREEMENTS AND �BLIGATIDNS UNDER 7H1S DEED �F TRLJST. THIS �EED �F TRUST 1S
<br /> GIVEN AND AGCEPTED�N THE FOLL�WING TERMS:
<br /> PAYMENT AND PERFDRMAN�E. Ex�ept as ❑therwise pro�ided in this ❑eed o� Trus�. Trustar shall pay to Lender all
<br /> amoun#s secured by this Deed o� Trus� as they b�came due, and sha« s�rictly and in a �imely manner per�orm al! ot
<br /> Trustor's ohliga�ions undef the�redi�t Agreemer�t,this C�eed o�Trust, and�he Related �ocuments.
<br /> PaSaE�S[�N A�VD MAINTENANC� I�F THE PRC}p�RTY. Trust�r ac�rce� that Trus�or'� possession and us� o� the
<br /> Property s1�al! be governed by the#allowing p�a�isians: �
<br /> PosseSsican and lJse. Until �he occurren�e �� an EWen� ot Defaul�, Trus�ar may {"i j remain in pvss�ssitsn and
<br /> c�n�rol��the Property; ��} use, vperat�❑r manage the Proper�y; and �3� caliect the Rents from�he Proper�y.
<br /> Du�y �r� Maintain, Tr�s�or shall m�in�ain �he Property in good cvndi�ion and pramp�iy pe�form �II repairs,
<br /> replac�ments, and main��nance necessary�o preser�e its�aiue.
<br /> Ha�ardous Subs�ances. Trustar r�presen�s �nd wrarrants tha� �he Proper�ky neWer has been, and n�v�r wii� be s❑
<br /> long as this Deed �a� Trus� rerna�ns a lien on the Proper�y, used �or the generation, manu�acture, st�rage,
<br /> �rea�m�nt, disposa�, release or threa�ened release a� any Ha�arda�us Subs�ance in �;a�atian of any En�iranmental
<br /> Laws. Trustor au'tharizes Lender and its agents to en�er upan�h� Property�o make such inspe�tivns and tes�s as
<br /> Lend�r may d�em appropriate tv det�rmine Gampliance af the Praper�y wi�th this section ❑f �he Deed vf Trust.
<br /> Trus�vr hereby ��� releases and wai�es any fu�ure claims agains�Lender fvr ind�mnity o�contribu�ivn in�he e�en�t
<br /> Trus�or laecames �iable tor cieanup or❑ther costs undsr any su�h laws, and �2f agrees to indemni�y, def�nd, and
<br /> �o�d harmless Lender ag�ins�any and all �laim� and los�es resuI�ing�r�m a hreach❑fi�his paragraph of�h�C�eed of
<br /> Trust. This vb�igation ta indemn�fiy and de�er�d shall sur�i�e�he paym�n�vt�he [ndebtedness and the satis�ac�ion
<br /> of this Deed of Trust.
<br /> DUE�N SALE-CnIVSENT 6Y LENDER. Lender may, a�Lender's�p��on� declare immediat�ly due and payable a1i sums
<br /> secured �y�his Deed of Trust upan�he sale Qr transfer, withaut Lend�r's privr written Gc�nsent, of all or any par�a��he
<br /> Real Praper�y, vr any it�ter�s�in�he Rea� Property. A "sale or�rans�er" means the con�eyan�e a�Rea! Prvperty or any
<br /> right, title car in��r�st �n the Real Praperty; whether legal, beneficial vr equitable; whether vviu��ary ar in�oiuntary;
<br /> whether by outright sa�e, deed, ins�aIlment sale cnntrac�, land con�ract, �antract fnr de�d, IeasehvEd interest wi�h a
<br /> �erm grea�er than three �3) years, lease-optian con�ract, ar by safe. assignment, or transfer ❑f any bene�icial ;nterest in
<br /> or ta any �and rrust hoiding ti�le�r� �he Real Prflper�y, �r by any other rrie�had at con�eyar�ce o#an interes� ih�he i�eal
<br /> Proper�y. Hv�re�e�-, this ❑pti�n shall nvt be exer�ised by Lender if such e�ercise is prohibited by federa� law ❑r by
<br /> Nebraska law.
<br /> TA�ES A�I❑ L�ENS. The fo�lowing pra�is�vns relat�ng �a the tax�s and iiens an the Property are Rart of this Deed v�
<br /> Trust:
<br /> Payment. Trustor shall pay when due {and in a!I e�ents prior to d�lir�quencyy al��axes. special taxes, assessments,
<br /> char��s tir�cluding wa�er and �ewer�, �ines and imposi�ions le�ied ag�inst or Qn accvur�t o�the Prv�erty, and shall
<br /> pay wherl due ail clairns for work dane on or�or ser�ices rendered ❑r material �urr�ished �� the Property. Trustor
<br /> shali maintain tt�e �'raperty free af a�l liens ha�ing priarity�Wer or equa!��the intere�t❑�Lender under thi$ Deed❑�
<br /> Trus�r ex�ept ��r the lien ❑f taxes and assessments nat due� �xcep� �ar the E�cis�ing indebtedness re�erred ta
<br /> be�ovv. and except as othervrrise prv�i��d in this Deed o�Trust.
<br /> PR�PEF�1"1' �AMAGE INSURI�N�E. The fo�lowing pr��isians retating�o insuring the Pra�erty are a par�af�his Deed o�
<br /> Trust.
<br /> Main'tenan�e o� InsuranCe. Trustor shall procure and maintain pviicies v� tire insurance wi�h standard extended
<br /> �oWera�e endorsements on a tair �alue basis �vr the fuli insurable �alue cv�ering ail lmpro�ements on �he Rea1
<br /> Praper�y in an amaun� �ufFicienr�a aWoid application ❑� any coinsurance c�ause, and with a s�andard mortgagee
<br /> c�ause in�a�or❑f Lender, tvge�her with such ather ha�ard and �iabiEity insurance as Lender may reasQnably require.
<br /> PoliGies shall be wri�ten in �arm, amoun�s. ca�erages and basis re�s�nably acceptable to Lender and issued by a
<br /> �ompar�y or companies reasonabi� a��ep#able to Lender. Trustar, upon request o�# Lender, wi�[ deiiver to Lender
<br /> fr�m •tEme tv time the policies vr ce�tifEca�es af insuran�e in �arm sati��a��vry tv Lend�r, in��uding stipulativns that
<br /> co�era�es will no� be cancel�ed or diminished rrv�thvut at least ten {��} days prior wri��en not�ce tv L�nder. Each
<br /> insur�r�ce policy alsa sY�aEl include an endors�ment pra�iding �hat cv�rerage in fa�r�r of Lender wii� nat be impaired
<br /> in any way by any act, r�rriis�ian ❑r defauit v�Trust�r vr any a�h�r person. Shauld th� Real Proper�y b� lacated in
<br /> an area designated by ths Administrator of the Federal Emergency Managemen�Agency as a spe�;aR -��vod hazard
<br /> area, TruS��r agrees t� �b�ain and maintain Federa! Flood lnsura�ce, it available, far the max�mum amaunt vt
<br /> Trus�nr's credit�ine and �he ful� unpa�d principa! balance ot�ny prior liens on�he property securing t�� loan, up�v
<br /> the maximum pvlicy�imits set under the Nativnal Flvad insuranGe Prvgram,or as otherwise required by Lender, and
<br /> �o main�ain su�h insur�nce�or ti�e term❑f�h�loan.
<br /> LENDER'S ExPENDITURES, If Tru�tor fails {A� tv keep �he Prnperty �ree vf all �ax�s� liens. se�urity inxer�sts,
<br /> enCur'nbrar�ces, and o�her claims, �B} tv prv�ride any requi�red insu��nce on the Prvperty, �C} �o make rep�irs to the
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