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<br />. vrANAer tee file to the Wstailotd premrisas. the teaseffatd estate. or any subtatasetcdd estate. wd merge without Candor's expcass written consent; rather
<br />#rasa sstaret vrE n>I satparatat srtd oictnct, eaten it thars tt; a urtlorn ofttese estates to Uw latfdiard, Gnintor. or,a.thifd party who puctasats or
<br />oNterwie acquires that eeroee.. Grantor father agrees that if GranlM acquires d or a portion of the feel simple tier. or any other Janshold or
<br />subimdfotd -Oft 10 that ROWIV. that Oft wiz, At I~$ option. imnradiatety become subject to ft farms of this Dead of Treat. and Grants wry
<br />emct e. dstiver and record air doeunlant9 necessary or appraprials to assure that such bft is swured by this Geed of Trust.
<br />•. ilO11111M RATION LOAN "MEW. Grantor shall fulrti all a tgantar's obligations under any homat rMabifiletipn. impraven % repair. or other.
<br />loan agneenterr1 which Grantor may eater Into with Larder. Lender, at Lenders option. may require Grantor to execute and deliver to Lander. in a form
<br />somptabe to Lander. an aseigrmNnl of any right, Plot s or defifaft which Grantor may two apairrst parties who "ppty labor. materials or services
<br />in corrYrction with improvemenls made to ft ftoperry...
<br />T. Qtir ON SALE - COtliW dY L. ENDER. Larder may. at ks option. have that right to aeaierate, that is, declare Imeadieteiy duet and payable all
<br />suns scarred by Uilss Deed a Truer upon that sate all taster. wiihaut here t anger's prior w6" Co isatM. a all or any pavt of the tad Property, or any
<br />trrlerad in flee tad Property. If Grantor saes or ararWcrs ft Real Praparty without ft written consent of Lender. then. prior to ter ataralion Lander Was
<br />give nofoel to Grantor. The notice shall provide a period of not less than tan (10) days from the dale of the notice within which Grantor tray pay the
<br />sums declared due. if Grantor fails to pay time sums prior to the expiration of such period, Lander may. without further rtotiioel or do anif on Grantor,
<br />im"FM fenrecreS pern-a_►w± in this Deed of Trust. A %ate or lransW means the conveyance of Real Property or any right. fifth cr irAl r therein;
<br />wlNlhar illation elgcrhbler whether voluntary or irtv0lunfer)r. whdtler by outighi sate, deed. irrsfarmenl sate contract, Land COntatf, contract for deed.
<br />Wsahold tined with a term greater than three (3) years, lease -option contact. or by sate. assignment. or transfer of any bena6pal if in or to any
<br />__laudtkliV holSie tip to tier Rant Property. or by any.OINK method of Canvayanea of Real Pf pwty inhere - tfowrem. this option shat not bel axercisad
<br />} by Lander N such exercise is prohibited by federal law or by Nebraska law.
<br />9. TRAWIFER OF PROPERTY. The foNowkp provisions reldUg to the transfer of the Real Property anti a pad of this Deed of Tarsi:
<br />Malice M Transfer. Grantor shall give notice to Lender, as provided in this Deed of Trust, prior to any sale or transfer of all or part d the Property
<br />or any right in the Red Property. Any person to whom all or part of the Real Property I* sold or transferred also shall be obligated to give notice
<br />to Lender. as provided in this Dated of Trust, promptly after such transfer.
<br />Advances Allier TWWW. All amounts advanced under the LOANLINER® Home Equity Plan Credit Agraament, up to the Crew Limit, are
<br />secured by this Dee of Trust whether advanced before or after sate or transfer of the Real Property. except any amounts which may be
<br />advanced by Lender more than five (5) days after notice to Lender, as provided In this Deed of Trust, that such transfer or sate has occurred.
<br />Even H Grantor transfers the Red Property, Grantor will continue to be obligated under the Credit Agreement and this Deed of Trust unless Lander
<br />releases Grantor in writing. As a condition to Lender's consent to any proposed transfer or as a condition to the release of Grantor, Under may
<br />require that the parson to whom the Real Property is transferred sign an assumption agreement satisfactory to lender and Lander may impose an
<br />assumption Mel. Me assumption agreement will not entitle the person signing it to receive advances under the Credit Agreement.
<br />9. TAXES AND LIENS. The fallowing provisions relating to the taxes and Gans on the Property are a part of this Deed of Taut
<br />PayW& Grantor shall pay when due (and in all events prior to delinquency) all taxes, special taxes, assessments, charges (including wafer and
<br />sewer), tines and impositions eyed against or on account of the Property, and shall pay when due all claims for work done on or for services;
<br />rendered or matarlel furnished to thel Property. Grantor shall maintain the Property free of all liens having priority over or equal to the interest of
<br />Lender under thh Deed of Trust, except for the lien of taxes and assessments not due, except for the existing indebtedness referred to below, and
<br />except as otherwise provided in this Deed of Trust.
<br />RWO To Conteet. Grantor may withhold payment of any tax, assessment, or claim in connection with a good faith dispute over the obligation to
<br />pay, so long as Larder's inerast In the Property is not jeopardized. If alien arises or is filed as a result of nonpayment, Grantor star within Tiiteen
<br />(i5) days after the fen arises or, If a lien is filed, within fifteen (15) days after Grantor has notice of the filing, secure the discharge of the ken. or if
<br />requested by Lender, deposit with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender in an amount sufficient
<br />to discharge the lien plus any costs and attomeys' fees or other charges that could accrue as a result of a foreclosure or sae under the ken: In
<br />any contest. Grantor shall defend itself and Lender and shall satisfy any adverse judgment before enforcement against the Property. Grantor shall
<br />name Lander as an additional obligee under any surety bond furnished in the contest proceedings.
<br />Evidence of Payment. Grantor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes or assessments and shall
<br />authority the appropriate govemmental official to deliver to Lender at any time a written statement of the taxes and assessments against the
<br />Property.
<br />Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished. or any
<br />mralarlals are supplied to the Property, 0 any mechanlo's lien, materialmen's lien, or other lien could be asserted on account of the worts. services,
<br />Or fM*1103 and the cost exceeds $10.000.00. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to tender
<br />that Grantor Can and will pay the Cost of such improv+emertl5.
<br />10. PROPERTY INSURANCE The following provisions relating to insuring the Property are a part of this Deed of Trust.
<br />Maintenance of Inwrance. Grantor stall procure and maintain policies of fire insurance with standard extended coverage endorsements on a
<br />replacement basis for the full Insurable value covering all Improvements on the Real Property in an amount sufficient to avoid application of any
<br />coinsurance clause, and with a standard mortgagee clause in favor of Lender, together with such other hazard and liability insurance as Lender
<br />may reasonably require. If the Real Property is located in an area designated by the Director of the Federal Emergency Management Agency as a
<br />special Hood hazard area, Grantor agrees to obtain Federal Flood Insurance to the extent such insurance is required and is availebe. Policies
<br />shah be written in form. amounts. coverages and basis reasonably acceptable to Lender and issued by a company or companies reasonably
<br />seoepWee to Lender. Grantor, upon request of Lender, will deliver to Lender from time to time the policies or certificates of insurance in form
<br />satisfactory to Lender. Including stipulations that coverages will not be cancelled or diminisheo without at least ten (10) days' prior written notice to
<br />Lender.
<br />Application of Proceeds. Grantor shall promptly notify Lender of any loss or damage to the Property if the estimated cost of repair or
<br />replacement exceeds 110,000.00. Lender may make proof of loss if Grantor fails to do so within fifteen (15) days of the casualty. If, In Lender's
<br />judgment, the restoration or repair G economically feasible and Lender's security is not lessened. Insurance proceeds shall be applied to
<br />restoration or repair of the damaged Property. If the restoration or repair is not economically feasible or Lender's security would be lessened. the
<br />Insurance proceeds shall be applied to the sums secured by lhi"eed -of Trust whether-or rut then dole, with any elYZM pied to Grantor. It
<br />Grantor abandons the Property. or does not answer within thirty (30) days a notice from Lender that the insurance Canter has offered to settle a
<br />claim, iheo Lendw may collect the insurancer proceeds. Lender may use the proceeds to repair or restore the Property or to pay sums secured by
<br />this Deed of Trust, whether or not than due. If Lender holds any proceeds after payment in full of the Indebtedness. such proceeds shall be paid
<br />to Grantor as Grantor's interests may appear.
<br />LMCxpkad Insurance of Safe. Any unexpired insurance shall inure to the benefit of and ass to 6. h f the Pr
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<br />p e pure asst 0 operty COVered by this -
<br />Dead of Trust at any trustee's sate or other sale held under the provisions of this Deed of Trust, or at any foreclosure sale of such Property. !
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