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00000000000000235 <br />DEED OF TRUST ,`20021113a <br />Loan No: 4360736681 (Continued) Page 2 <br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance by any person on, under, about or from the Property; (2) Truster has no knowledge of, or reason to believe <br />that there has been, except as previously disclosed to and Acknowledged by Lender in writing, (a) any breach or violation of any <br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release Or threatened release of any <br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Properly, or (c) any actual or <br />threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously disclosed to and <br />acknowledged by Lender in writing, Is) neither Trustor nor any tenant, contractor, agent or other authorized user of the Property <br />shall use, generate, manufacture, store, crest, dispose of or release any Hazardous Substance on, under, about or from the Property; <br />and 1b) any such activity shall be conducted in complianre with all applicable federal, stale, and local laws, regulations and <br />ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and its agents to enter upon the Property <br />to make such inspections and rests, at Trusters expense, as Lender may deem appropriate to determine compliance of the Property <br />with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's purposes only and shall not be <br />construed to create any responsibility pr liability on the part of Lender to Trustor or to any other person. The representations and <br />warranties contained herein are based on Trustor's due diligence in investigating the Property for Hazardous Substances. Trustor <br />hereby 111 releases and waives any future claims against Lender for indemnity or contribution in the event Trustor becomes liable for <br />cleanup or other eases under any such laws; and (21 agrees to indemnity and hold harmless Lender against any and all claims, losses, <br />liabilities, damages, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a breach of this <br />action of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release or threatened release <br />occurring prior to Truster's ownership or interest in the Property, whether or not the same was or should have been known to Trustor. <br />The provisions of this section of the Deed of Trust, including the obligation to indemnify, shall survive the payment of the <br />Indebtedness and the satisfaction and reconveyance of the Ilan of this Dead of Trust and shall not be affected by Lender's acquisition <br />of any interest in the Property, whether by foreclosure or otherwise. <br />Nuisance. West.. Trustor shall at cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of or waste on <br />or to the Property or any portion of the Property. Without limiting the generality of the foregoing, frustur will not remove, or grant to <br />any other party the right to remove, any timber, minerals (including oil and gas), coal, clay, scoria, soil, gravel or rock products <br />without Lender's prior written corm t. <br />Removal of Improvements. Trustor shall not demolish or remove any Improvements from the Real Property without Lender's prior <br />written consent. As a condition to the removal of any Improvements, Lender may require Trustor to make arrangements satisfactory <br />to Lender to replace such Improvements with Improvements of at least equal value. <br />Lender 'a Right to Enter. Lender and Lender's agents and representatives may enter upon the Real Property at all reasonable times to <br />attend to Lender's interests and to inspect the Real Property for purposes of Trusmr's compliance with the terms and conditions of <br />this Deed of Trust. <br />Compliance with Governmental Requirements. Trustor shall promptly comply with all laws, ordinances, and regulations, now or <br />hereafter in effect, of all governmental authorities applicable to the use or occupancy of the Property, including without limitation, the <br />Amaricans With Disabilities Act. Trustor may contest in good faith any such law, ordinance, or regulation and withhold compliance <br />during any proceeding, including appropriate appeals, so long as Trustor has notified Lender in writing prior to doing so and an long as, <br />in Lender's sole opinion, Lender's interests in the Property are not jeopardized Lender may require Trustor to post adequate security <br />or a surety bond, reasonably satisfactory to Lender, to protect Lender's interest. <br />Duty to Protect. Trueror agrees neither to abandon or leave unattended the Property. Trustor shall do all other acts, in addition to <br />those acts set forth above In this section, which from the character and use of the Property are reasonably necessary to protect and <br />preserve the Property <br />DUE ON SALE - CONSENT BY LENDER. Lender may, at Lender's option, declare immediately due and paVahle all sums secured by this <br />Deed of Trust upon the sale or transfer, without Lender's prior written consent, of all or any part of the Real Property, or any interest in the <br />Real Property. A "sale or transfer" means the conveyance of Real Property or any right, title or interest in the Real Property; whether legal, <br />haneficlal or equitable; whether voluntary or involuntary; whether by outright sale, deed, Installment sale contract, land contract, contract <br />for deed, leasehold interest with a term greater than three (3) years, lease e- option contract, or by sale, assignment, or transfer of any <br />beneficial interest In or to any land trust holding title to the Real Property, or by any other method of conveyance of an interest in the Real <br />Property. It any Trustor is a corporation, partnership or limited liability company, transfer also includes any change in ownership of more <br />than twenty -five percent 125 %) of the voting stock, partnership interests or limited liability company interests, as the case may be, of such <br />Trustor. However, this option shall nut be exercised by Lender if such exercise is prohibited by federal law or by Nebraska law. <br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are part of this Deed of Trust: <br />Payment. Trustor shall pay when due land in all events prior to delinquency) all taxes, sparial taxes, assessments, charges (including <br />water and sadist), tines and 'nn positions levied against or on account of the Property, and shall pay when due all claims for work done <br />on or for services rendered or material furnished to the Property. Trustor shall maintain the Property free of all liens having priority <br />over or equal to the Interest of Lender under this Used of Trust, except for the lien of taxes and asseasments not due and except as <br />otherwise provided In this Deed of Trust. <br />Right to Contest. Trustor may withhold pavmam of any tax, assessment, or claim in connection with a good faith dispute over the <br />ubligation 1. PAY, s. long as Lender s interest in the Property is not jeopardized. If a lien arises or is filed as a result of nonpayment, <br />Trustor shall within fifteen (15) days after the lien arises our if A lien is filed, within fifteen (15) days after Trustor Fes notice of the <br />