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202©O854N, <br />thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust <br />and all of the foregoing being referred to herein as the "Property". <br />This Deed of Trust secures the total sum of Three Hundred Thousand and No/l00 Dollars <br />($300,000.00) (hereinafter referred to as "Debt") as evidenced by property judgment entered in <br />the Decree of Dissolution of Marriage between the Borrower and the Lender in the District Court <br />of Hall County, Nebraska, Case No. 17-857 filed on August 25, 2020 (herein called "Note") with <br />a stated maturity date of August 31, 2025. This Debt shall include any and all modifications, <br />extensions, and renewals thereof or thereto, and any and all future advances and re -advances to <br />Borrower hereunder pursuant to one or more promissory notes or credit agreements. <br />This Deed of Trust secures to Lender: (i) the Debt evidenced by said Note; (ii) the <br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the <br />security; and (iii) the performance of Borrower's covenants and agreements. <br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal <br />power and lawful authority to convey the same, and warrants and will defend title to the real <br />estate against the lawful claims of all persons. <br />BORROWER AND LENDER AGREE AS FOLLOWS: <br />1. Borrower shall pay when due the principal and interest as provided in said Note. <br />2. All payments received by Lender shall be first applied to advances that may have <br />been rnade by Lender, and then to principal due. <br />3. Borrower shall pay all general real estate taxes and special assessments against <br />the Property before the same become delinquent. <br />4. Borrower shall keep the improvements on said Property insured for their insurable <br />value against loss by fire and hazards included with the term "extended coverage", and policies <br />for the same shall include a standard mortgage clause showing Lender herein. In event of loss, <br />Lender may make proof of loss if not promptly made by Borrower. Insurance proceeds shall be <br />applied to restoration or repair of the Property damaged, unless both parties otherwise agree, <br />except if restoration or repair is not economically feasible, or if Lender's security is not lessened; <br />otherwise. said proceeds shall be paid on the Debt herein, whether or not then 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 <br />Note, or change the amount of the payments. <br />5. Upon written demand by Lender, Borrower shall pay to Lender, in such manner <br />as Lender may designate, sufficient sums to enable Lender to pay as they become due one or <br />more of the following: (i) all taxes, assessments, and other charges against the Property; (ii) the <br />premiums on the property insurance required hereunder.. and (iii) the premiums on any mortgage <br />insurance required by Lender. <br />6. Borrower shall keep the described Property in good condition and repair; shall <br />promptly repair or replace any improvement which may he damaged or destroyed; shall not <br />commit or permit any waste or deterioration of the real estate hereinabove described; shall not <br />remove. demolish. or substantially alter any of the improvements on the Property; shall not <br />commit, suffer, or permit any act to be done in or upon the Property in violation of any law, <br />ordinance, or regulation; and shall promptly discharge at Borrower's cost and expense all liens, <br />encumbrances, and charges levied, imposed, or assessed against the described real estate or any <br />part thereof. <br />7. Borrower shall keep the Property in compliance with all applicable laws, <br />ordinances, and regulations relating to industrial hygiene or environmental protection <br />(collectively referred to herein as "Environmental Laws"). Borrower shall keep the Property free <br />from all substances deemed to be hazardous or toxic under any Environmental Laws <br />(collectively referred to herein as "Hazardous Materials"). Borrower hereby warrants and <br />represents to Lender that there are no Hazardous Materials on or under the Property. Borrower <br />2 <br />