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DEED OF TRUST
<br />(Continued) 200210 40 Page 2
<br />Possession and Us& Until to occurrence of an Event of Default, Truster may (1) remain in possession and control of the Property; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Truster shall maintain the Properly in good condition and promptly perform all repairs, replacements, and maintenance
<br />necessary to preserve its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that: (1) During the period of Truster's ownership of
<br />Me Property, More has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />Substance by any person on, under, about or from the Property; (2) Truster has no knowledge of, or reason to believe that Mere has been,
<br />except as previously disclosed to and acknowledged by Lander in writing, (a) any breach or violation of any Environmental Laws, (b) any
<br />use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or
<br />from Me Property by any prior owners or occupants of Me Property, or (c) any actual or threatened litigation or outlays of any kind by any
<br />person relating to such marine; and (3) Except as previously disclosetl to and acknowledged by Lender in writing, (a) neither Truster nor
<br />any tenant, contractor, agent or other authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any
<br />Hazardous Substance on, under, about or from Me Property; and (b) any such activity shall be conducted in compliance with all applicable
<br />federal, state, and local laws, regulations and ordinances, including without limitation all Environmental Laws. Truster authorizes Lander and
<br />its agents to enter upon to Property to make such inspections and tests, at Trustor's expense, as Lender may deem appropriate to
<br />determine compliance of the Property with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's
<br />purposes only and shall not be construed to create any responsibility or liability on the part of Lander to Trustor or to any other person. The
<br />representations and warranties containetl herein are based on Trustor's due diligence in Investigating Me Property for Hazardous
<br />Substances. Truster hereby (1) releases and waives any future claims against Lender for indemnify or contribution in the event Truster
<br />becomes liable for cleanup or other costs under any such laws; and (2) agrees to indemnify and hold harmless LaMar against any and all
<br />claims, losses, liabilities, damages, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a breach
<br />of this section of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release or threatened
<br />release occurring prior to Trustor's ownership or Interest In the PropeM, whether or not to same was or should have been known to Truster.
<br />The provisions of this section of Me Dead of Trust, including the obligation to indemnify, shall survive the payment of the Indebtedness and
<br />Me satisfaction and reconveyance of Me lien of this Deed of Trust and shall not be affected by Lender's acquisition of any interest in the
<br />Property, whether by foreclosure or otherwise.
<br />Nulsanee, Waste. Trustor shall not cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of or waste on or to
<br />the Property or any portion of the Property. Without limiting Me generality of Me foregoing, Trustor will not remove, or grant to any other
<br />party the right to remove, any timber, minerals (including oil and gas), coal, clay, scone, soil, gravel or rock products without LaMar's prior
<br />written cement.
<br />Removal of Improvements. Trustor shall not demolish or remove any Improvements tram the Real Property without Lender's prior written
<br />consent. As a condition to Me removal of any Improvements, Lender may require Trustor to make arrangements satisfactory to Lander to
<br />replace such Improvements with Improvements of at least equal value.
<br />Lender's Right to Enter. Lander and Lender's agents and representatives may enter upon Me Real Property at all reasonable times to
<br />attend to LaMar's interests and to inspect the Real Property for purposes of Truster's compliance with Me terms and conditions of MIs Dead
<br />of Trust.
<br />Compliance with Governmental Requirements. Truster shall promptly comply with all laws, ordinances, and regulations, now or hereafter
<br />in effect, of all govemmeatal authorities applicable to the use or occupancy, of the Property. Trustor may contest in good faith any such law,
<br />ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Truster has nettlied
<br />LaMar in writing prior M doing so and se long as In LaMar's sole opinion, Lander's interests in the Property, are not jeopardized. Lender
<br />may require Trustor to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lenders interest.
<br />Duty to Protect. Trustor agrees neither to abandon or leave unattended the Property. Truster shall do all other acts, In addition to those
<br />acts set forth above in this section, which from the character and use of Me Property are reasonably necessary M protect and preserve the
<br />Property.
<br />DUE ON SALE - CONSENT BY LENDER. Lender may, at Lender's option, declare immediately due and payable all sums secured by this Deed
<br />of Trust upon the sale or transfer, whlout Lenders prior written consent, of all or any can of Me Real Property, or any interest in Me Real Property.
<br />A "sale or transfer" means Me conveyance of Real Property or any right, this or interest in the Real Property: whether legal, beneficial or equitable;
<br />whether voluntary or Involuntary; whether by outright sale, dead, installment sale contract, land contract, contract for deed, leasehold interest with
<br />a term greater than three (3) years, lease- option contract, or by sale, assignment, or transfer of any beneficial interest in or to any land trust
<br />holding title to Me Real Property, or by any other method of conveyance of an interest in Me Real Property. However, this option shall not be,
<br />exercised by Lender if such exercise is prohibitetl by fMeral law or by Nebraska law.
<br />TAXES AND LIENS. The following provisions relating to Me taxes and liens on no Property are part of this Dead of Trust:
<br />Payment. Trustor shall pay when due (and in all events prior to delinquency) all taxes, special taxes, assessments, charges (Including water
<br />and sewer), fines and impositions levied against or on account of Me PropeM, and shall pay when due all claims for work done on or for
<br />services rendered or material furnished M Me Property. Trustor shall maintain the Property free of all liens having priority over or equal to Me
<br />interest of Lender under this Deed of Trust, except for the lien of taxes and assessments not due, except for the Existing Indebtedness
<br />referred to below, and except as otherwise provided in this Dead of Trust.
<br />Right to Contest. Truster may withhold payment of any tax, assessment, or claim in connection with a good faith dispute over Me obligation
<br />to pay, so long as Lender's interest in the Properly is not jeopardized. If a lien arises or is tiIM as a result of nonpayment, Trustor shall within
<br />fifteen (15) days after the lien arises or, h a lien is filed, within fifteen (15) days after Trustor has notice of Me filing, secure Me discharge of the
<br />Ilan, or H requested by Lender, deposit with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender in an
<br />amount sufficient to discharge the lien plus any costs and aMmeys' fees, or other charges Mal could accrue as a result of a foreclosure or
<br />sale under the lien. In any contest, Truster shall defend itself and Lender and shall satisfy any adverse judgment before enforcement against
<br />the Property. Truster shall name LaMar as an additional obligee under any surety hand furnished in Me contest proceedings.
<br />Evidence of Payment Truster shall upon demand furnish to Lender satisfactory evidence of payment of Me taxes or assessments and shall
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