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<br />E. Except as previously disclosed and acknowledged in writing to Lender, Grantor and every
<br />tenant have been, are and will remain in full compliance with any applicable Environmental
<br />Law.
<br />F. Except as previously disclosed and acknowledged in writing to Lender, there are no
<br />underground storage tanks, private dumps or open wells located on or under the Property
<br />and no such tank, dump or well will be added unless Lender first consents in writing.
<br />G. Grantor will regularly inspect the Property, monitor the activities and operations on the
<br />Property, and confirm that all permits, licenses or approvals required by any applicable
<br />Environmental Law are obtained and complied with.
<br />H. Grantor will permit, or cause any tenant to permit, Lender or Lender's agent to enter and
<br />inspect the Property and review all records at any reasonable time to determine (1) the
<br />existence, location and nature of any Hazardous Substance on, under or about the Property;
<br />(2) the existence, location, nature, and magnitude of any Hazardous Substance that has
<br />been released on, under or about the Property; or (3) whether or not Grantor and any tenant
<br />are in compliance with applicable Environmental Law.
<br />I. Upon Lender's request and at any time, Grantor agrees, at Grantor's expense, to engage a
<br />qualified environmental engineer to prepare an environmental audit of the Property and to
<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 />18. 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 />19. 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 />RODNEY E. PETERSON
<br />Nebraska Deed Of Trust
<br />NE/4XWOOLERY00000000002375023N Wolters Kluwer Financial Services 01996, 2020 Bankers Page 6
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