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201806074 <br /> submit the results of such audit to Lender. The choice of the environmental engineer who <br /> will perform such audit is subject to Lender's approval. <br /> J. Lender has the right, but not the obligation, to perform any of Grantor's obligations under <br /> this section at Grantor's expense. <br /> K. As a consequence of any breach of any representation, warranty or promise made in this <br /> section, (1) Grantor will indemnify and hold Lender and Lender's successors or assigns <br /> harmless from and against all losses, claims, demands, liabilities, damages, cleanup, <br /> response and remediation costs, penalties and expenses, including without limitation all <br /> costs of litigation and attorneys' fees, which Lender and Lender's successors or assigns may <br /> sustain; and (2) at Lender's discretion, Lender may release this Security Instrument and in <br /> return Grantor will provide Lender with collateral of at least equal value to the Property <br /> without prejudice to any of Lender's rights under this Security Instrument. <br /> L. Notwithstanding any of the language contained in this Security Instrument to the <br /> contrary, the terms of this section will survive any foreclosure or satisfaction of this Security <br /> Instrument regardless of any passage of title to Lender or any disposition by Lender of any or <br /> all of the Property. Any claims and defenses to the contrary are hereby waived. <br /> 21. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened <br /> action by private or public entities to purchase or take any or all of the Property through <br /> condemnation, eminent domain, or any other means. Grantor authorizes Lender to intervene in <br /> Grantor's name in any of the above described actions or claims. Grantor assigns to Lender the <br /> proceeds of any award or claim for damages connected with a condemnation or other taking of <br /> all or any part of the Property. Such proceeds will be considered payments and will be applied <br /> as provided in this Security Instrument. This assignment of proceeds is subject to the terms of <br /> any prior mortgage, deed of trust, security agreement or other lien document. <br /> 22. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably <br /> associated with the Property. Grantor will maintain this insurance in the amounts Lender <br /> requires. This insurance will last until the Property is released from this Security Instrument. <br /> What Lender requires pursuant to the preceding two sentences can change during the term of <br /> the Secured Debts. Grantor may choose the insurance company, subject to Lender's approval, <br /> which will not be unreasonably withheld. <br /> All insurance policies and renewals shall include a standard "mortgage clause" (or "lender loss <br /> payable clause") endorsement that names Lender as "mortgagee" and "loss payee". If required <br /> by Lender, all insurance policies and renewals will also include an "additional insured" <br /> endorsement that names Lender as an "additional insured". If required by Lender, Grantor <br /> agrees to maintain comprehensive general liability insurance and rental loss or business <br /> interruption insurance in amounts and under policies acceptable to Lender. The comprehensive <br /> general liability insurance must name Lender as an additional insured. The rental loss or <br /> business interruption insurance must be in an amount equal to at least coverage of one year's <br /> debt service, and required escrow account deposits (if agreed to separately in writing). <br /> Grantor will give Lender and the insurance company immediate notice of any loss. All insurance <br /> proceeds will be applied to restoration or repair of the Property or to the Secured Debts, at <br /> Lender's option. If Lender acquires the Property in damaged condition, Grantor's rights to any <br /> insurance policies and proceeds will pass to Lender to the extent of the Secured Debts. <br /> Grantor will immediately notify Lender of cancellation or termination of insurance. If Grantor <br /> fails to keep the Property insured, Lender may obtain insurance to protect Lender's interest in <br /> the Property and Grantor will pay for the insurance on Lender's demand. Lender may demand <br /> that Grantor pay for the insurance all at once, or Lender may add the insurance premiums to the <br /> balance of the Secured Debts and charge interest on it at the rate that applies to the Secured <br /> Debts. This insurance may include lesser or greater coverages than originally required of <br /> Grantor, may be written by a company other than one Grantor would choose, and may be <br /> written at a higher rate than Grantor could obtain if Grantor purchased the insurance. Grantor <br /> acknowledges and agrees that Lender or one of Lender's affiliates may receive commissions on <br /> the purchase of this insurance. <br /> 23. ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender <br /> funds for taxes and insurance in escrow. <br /> 24. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee <br /> and appoint a successor without any other formality than the designation in writing. The <br /> successor trustee, without conveyance of the Property, will succeed to all the title, power and <br /> duties conferred upon Trustee by this Security Instrument and applicable law. <br /> 25. USE OF PROPERTY. Grantor shall not use or occupy the Property in any manner that would <br /> constitute a violation of any state and/or federal laws involving controlled substances, even in a <br /> jurisdiction that allows such use by state or local law or ordinance. In the event that Grantor <br /> MICHAEL R WAGONER <br /> Nebraska Deed Of Trust <br /> NE/4CHAPPOLD0000000000 1 7 3 70940906 1 8N Wolters Kluwer Financial Services°1996, 2018 Bankers Page 7 <br /> Systems, <br />