2� 17�2�59
<br /> , ,
<br /> t f
<br /> oEEo aF -r�us-r
<br /> ��Drltinued� P�ge �
<br /> En�iranmental Laws. Trustor authorizes Lender and its agents to entet upan �he Praper�y to rnake such
<br /> inspecti�ns and t�5t5. at Trus#ar's expense, as Lender may deem appropria�e to de#errnine compliance o� the
<br /> Praperty with this se�tion o# the Deed of Trust. Any inspe��ivns or tests made by Lender shall be for Lender's
<br /> purposes only�nd sha�l not he canstrued ta create any respons+hility vr�iability❑n the part❑�Lender to Trustv�vr
<br /> ta any other persan, Th�representat�ons and warranties cantained h�rein are based on Trustar's due diligsn�e in
<br /> in��stigating the Property #ar Hazardous Substances. Trustor hereby �1} releases and waE�es any fu�ure c�aims
<br /> ag�inst Lende� �o�indernnity v� cont�ibution in the e�ent Trustor be�omes liab�e fvr c�eanup vr❑�he� costs under
<br /> any such laws; and �2f agrees tv indsmnify, defend,and hold harmless Lender against any and a!I Claims, Ivsses,
<br /> �iabili�ies, damag�s, pena�ties, and expenses which Lender rnay directly or indire�tly sustain ar suffer resulting from
<br /> a breach ❑�this sectian ❑f the ❑eed o�Trust or as a consequenee vf any use, generativn, manufa�ture, stvrage.
<br /> disposal,release ort threa�ened release occurring privr tv Trustor`s qwnersh�p or interes�in the Praperty,whether❑r
<br /> nat the same was or should ha�e been known ta Trustar. The prv�isions a� this s�ctivn vf the Deed af Trust,
<br /> includ�ng the vbligation tv indemnify and d�fend,shall sur�ive the payment of#he Indebtedness and the satisfaction
<br /> and recvn�eyance vf the IEen❑f this ❑eed o€T�ust and shaf� nvt be affected by Lender's acqu�sitivn af any interest
<br /> in the Property,whether by�nrec�osure or otherwise.
<br /> Nuisance, Waste. Trustor shall not cause, conduct or pe�mit any nuisance nor cvmmit, permit, ❑r sut�er any
<br /> stripping vf or waste on ❑r ta the Praperty ❑r any parti�n of the Property. VlJithaut fimiting the generality af the
<br /> fvrego�ng, Trustor will not remo�e, ar grant to any�ther party the right ta rernove, any timber, rninera�s �including
<br /> vil and gasy, �val, clay.scoria,svil,gra�el or rvck products without Lender's prior written consent.
<br /> Rama�ai of Impro��men#s. Trustar shall nat d�malish or remo�e any lmprv�ements frvm the Real Praperty wi#haut
<br /> Lender's priar written consent. As a conditian tv the remvval af any Impravernents, Lender may require Trustor to
<br /> make arrangements sat�sfactvey to Lender to replace such imprv�ements wi#h Imprvvements of at least equai
<br /> �alue.
<br /> _ Lender's Right ta Enter. Lender and Lender's agen�s and representati�es may enter upon the Real Praperty at a�!
<br /> reasonabie times to attend �a Lender's interests and ta inspect the Real Property for pu�pvses Qf 7rusto�'s
<br /> compliance with the te�ms and c�nditivns vf th�s Deed af Trust,
<br /> Compiiance wi#h Go�ernmenta! Requirements. Trustor shall prornptly compiy with all laws, ordinances, and
<br /> regulatiQns, naw �r hereafter in effs�t. �f all go�ernmental autharities applicable to the use ❑r �ccup�ncy af the
<br /> Praperty, inciuding w�thaut limitatian, ths Americans 1N�th Disabilities Act. Trustvr may contest �n good �aith any
<br /> such law� ordinance. a� regulatian and withho�d compliance dur�ng any proceeding, �n�luding apprapriate appeals,
<br /> so Iong as Trustar has notffied Lender in writ�ng privr t❑doing so and sv long as, in Lend�r's sole op�nion. Lender's
<br /> in��rests in the Praperty are not jeopardiaed. Lender may require Trustor tv post adequa�t� security ❑r a $ur�ty
<br /> bond, reasonably se�isfa�to�y to Lender,tv protect Lender's interest.
<br /> Duty to Protect. Trustor agrees neither ta abandan ❑r lea�e unettsnded the Property. Trustvr shall da a�l vther
<br /> acts, in addition ta those acts set far�h abfl�e in this section, which fr�m the char�cter and use af the I'roperty�re
<br /> reasanably necessary ta prot�ct and preserve the Property,
<br /> DUE DN SALE-C�NSENT 8Y LEIVDER. Lender may, at Lender's option,declare immediate�y due and payalale all sums
<br /> secured by this Deed vf Trust upan the sa[�vr transfer, without Lender's privr written consent,of al!or any part vf the
<br /> Reai Property, ar any interest in the Real Property. A '�Sale ❑r tl'aC15��1'" means �he cvn�eyance flf Rea� Prop�rty n�any
<br /> right, title ❑r interest in the Real Property; wrhether legal, beneficial ❑r equitable; whether �vluntary or invo�untary;
<br /> whether by outrigh� sale, deed, installrnent sale cantract, land cvntrac�, contract fvr deed� feesehvld interest with a
<br /> term greater than three {3} years, lease-vpti�n Gantract, ar by sale. assignment, or transfer of any bene�icial interest in
<br /> or#❑ any land trust ho�ding title tv the Real Property, ❑r by any other method o# con�eyance ❑f an interest in the R�ai
<br /> Proper�y. �f any Trustor is a corporativn, partnership vr limited iiebil�ty cvmpany, t�-ansfer alsv includes �ny �hange in
<br /> ownership of more than twenty-fi�e perc�nt��5°�1 af the vvting stock, partnership int�res#s�r limited liabiiity campen�
<br /> interests, as the case may l�e, af such Trustvr, Howe�er, this option shall not be exercised by Lender if such ex�rciae
<br /> is prahibited hy federal law or by N�braska law.
<br /> TAxES AND LlENS. The follawing prv�isivns relating tv the taxes and liens an the P�operty er� p�rt of Chis ❑eed of
<br /> Trust:
<br /> Payment. Trustar shall pay when due {and in aIl e�ents prior ta delinquencyf all#axes� special t�xes, essessments,
<br /> �harges �includin� water and sewerf, finss and impvsitivns le�ied against vr on account of the Prvp�rty, and sheli
<br /> pay when due all �laims for wa�k don� on or fvr ser�ices rendered ❑r material turnished tv the Prapsrty. Trustor
<br /> shall rnaintain the Praperty free v#a��liens ha�ing priority o�er ar equal ta the inte�est of Lender under th�s Deed o�
<br /> Trust, except for the lien af taxes and assessments n�t due and except as vtherwise pravided in this Deed ❑f
<br /> T�ust.
<br /> Right to Contast. Trustor may wi#hhvld payment❑f any tax, assessment, or claim in connect�vn with a good�s��th
<br /> dispute o�er the obligatian ta pay,sa f�ng as Lender's int�rest in the Prop�rty is nvt�eapardized. !f a lien arises or
<br /> is filed as a resu�t vf nor+payment, Trus�or sha�� with`sn fi�teen �15� days a#ter the lien a�ises �r. [f e lie� �� filed,
<br /> within fifte�n {15) days after Trustvr has natice of the filing, secure #he discharge of the lian, vr if rgqugst�d by
<br /> Lender,depvsit with Lender cash or a sufficient cvrporate sur�ty bond vr vther security satis�Fac�ary�a Lender in en
<br /> amaunt suffici�nt ta dischar�e the lien plus any cvsts and at#vrneys' fees, or other�harg�s tha�could accrue as a
<br /> �esult of a fareclasure or sal�under the�ien. �n any�ant�st,T�ustor shall defand itsel�and Lender snd shal!satis�y
<br /> any ad�erse judgment hefore en#or�ement against the Property. Trustor shall name Lender as an addi�ianal ob��gee
<br /> under any su�ety band furnished�n the contest proceedings.
<br /> E�idence af Raymant. Trustor shall up�n demand furnish#v Lender satisf�Gtary e�idence of payrnent af the �axes
<br /> or assessments and shall authortze the apprvpriate gv�ernmental official t�deli�er to Lendar at any time� wr�tten
<br /> statement v�the taxes and assessments against the Prvpe�ty.
<br /> Natice of Cvnstruction. Trustvr shall nvtify Lender at�east fifteen {15� days beforg any work is �ommen�ed, �ny
<br /> ses�ices a�e fu�nished, vr a�y materials ara supplied to the P�vpe�ty, if any mechanic's�isn� materielrnen's I�gn.a�
<br /> vther lien could be asserted on acc�unt of the work, ser�i�es. �r materials. Trustar will upon request af Lender
<br /> furnish tv Lender ad�ance assurances satisfactory to Lender tha� Trustor can and will pay the cost of such
<br /> impravements.
<br /> PRDPERTY DAIVIAGE fNSURANCE. The�oi�owing pra�isions relating tv insuring the Property are a part of this Deed vf
<br /> Trust.
<br /> Mainten�n�e of fnsurence. T�ustvr shail pracure and maintain policie9 af fire insurance with standard extend�d
<br /> �v�e�age�ndorseme�ts an a rep�acement b�sis fo�the �ull insu�ak�le�alu� �overing all ImQro�sments tin tha Real
<br /> Property in an amvunt suffieient to a�a�d application of any �oinsuran�e clause. and with a s��ndard mor#gage�
<br /> clause in fa�or of Lend�r. T�ustor shaff also procure and maintain comprehensi�e generai liability insurance�n such
<br /> co�erage amounts as Lender may reques# with Trustee and L�nder being named as �dditi�nal insureds in such
<br /> �iability insu�ance �licies. r�ddit�ona��y, T�ustor shell maintain su�h vthsr insurancs, inc�uding but not limitgd ��
<br /> hazard, business interrupti�n, and hv��er insurence, as Lender may reasonably require. Polici�s shall bg written in
<br /> form, amounts. co��rages and hasis reasa�iab�y acceptable to Lender and issued by a company or companies
<br /> reasonably acceptable to Lender. Trustar, upvn request af Lender, wi�� deli�er ta Lender frflm time tv time �he
<br /> policies or cesti�icates fl�insurance in�arm satisfactvey Tv Lender, inc�udsng stipulations that coverages w;l�nvt be
<br />
|