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20000510'
<br />Lender's security is not lessened, otherwise said proceeds shall be paid on the debt herein, whether or not then
<br />due.
<br />Unless Lender and Borrower otherwise agree in writing, any payments or proceeds from
<br />insurance shall not extend or postpone the due date of the monthly payments provided in said instrument of
<br />indebtedness, or change the amount of the payments.
<br />5. Borrower shall keep the described Property in good condition and repair; shall promptly repair,
<br />or replace, any improvement which may be damaged or destroyed; shall not commit or permit any waste or
<br />deterioration of the real estate hereinabove described, shall not remove, demolish or substantially alter any
<br />of the improvements on the Property; shall not commit, suffer or permit any act to be done in or upon the
<br />Property in violation of any law, ordinance or regulation; and shall promptly discharge at Borrower's cost and
<br />expense all liens, encumbrances, and charges levied, imposed or assessed against the described real estate or
<br />any part thereof.
<br />6. Borrower shall keep the Property in compliance with all applicable laws, ordinances, and
<br />regulations relating to environmental protection (collectively referred to herein as "Environmental Laws ").
<br />Borrower shall keep the Property free from all substances deemed to be hazardous or toxic under any
<br />Environmental Laws (collectively referred to herein as "Hazardous Materials "). Borrower hereby warrants
<br />and represents to Lender that there are no Hazardous Materials on or under the Property. Borrower hereby
<br />agrees to indemnify and hold harmless Lender and any successors to Lender's interest, from and against any
<br />and all claims, damages, losses and liabilities arising in connection with the presence, use disposal or transport
<br />of any Hazardous Materials on, under, from or about the Property. THE FOREGOING WARRANTIES AND
<br />REPRESENTATION, AND BORROWER'S OBLIGATIONS PURSUANT TO THE FOREGOING
<br />INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST.
<br />7. Borrower shall not sell, transfer, assign, convey or further encumber all or any part of or any
<br />interest in the Property hereinabove described, either voluntarily or involuntarily, without the express prior
<br />written consent of Lender or as otherwise herein permitted, and in the event of any such sale, transfer,
<br />assignment, conveyance or transfer in violation of this provision, Lender shall have the option to declare all
<br />sums secured hereby immediately due and payable.
<br />8. If Borrower fails to perform the covenants and agreements herein contained, Lender may do
<br />and pay for whatever is necessary to protect the value of the property and Lender's rights in the Property,
<br />including the paying of any sum secured by a lien which has priority over this Deed of Trust, appearing in
<br />Court, paying reasonable attorney fees and entering the Property to make repairs. Any amount disbursed by
<br />Lender under this paragraph shall become an additional debt of Borrower secured by this Deed of Trust, to
<br />bear interest from the date of disbursement and said amount, together with the then unpaid principal amount,
<br />shall bear interest at the highest lawful rate until refunded by Borrower.
<br />9. The proceeds of a condemnation award are hereby assigned and shall be paid to Lender and
<br />shall be applied to the sums secured by this Deed of Trust, whether or not then due, with any excess to be paid
<br />to Borrower.
<br />10. Any extensions or modifications of the loan granted by Lender to any successor in interest of
<br />Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br />Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise
<br />of any right or remedy.
<br />11. Any notice to Borrower provided for in this Deed of Trust shall be given by delivering it or
<br />mailing it by first class mail unless Nebraska law requires use of another method, at the Borrower's last
<br />known address.
<br />12. This Deed of Trust shall be governed by Nebraska law.
<br />13. Lender shall give notice to Borrower following Borrower's breach of any covenant or
<br />agreement in this Deed of Trust and the Debt which it secures. The notice shall specify (a) the default, (b)
<br />the action required to cure the default, (c) a date not less than ten (10) days from the date the notice is given
<br />to Borrower by which the default must be cured, and (d) that failure to cure the default on or before the date
<br />specified in the notice may result in acceleration of the sum secured by this Deed of Trust and sale of the
<br />property pursuant to the power of sale herein granted. The notice shall further inform Borrower of the right
<br />to reinstate, after acceleration, and the right to bring a court action to assert the nonexistence of a default or
<br />any other defense of Borrower to acceleration and sale. If default is not cured, on or before the date specified
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