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200313608 Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The tern includes, without limitation, any substances defined as "hazardous material," "toxic substances," "hazardous waste," or "hazardous substance" wider any Environmental Law. Trustor represents, warrants mid agrees that: A. Except as previously disclosed and acknowledged in writing to Beneficiary, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to he appropriate for the normal use and maintenance of the Property. B. Except as previously disclosed and acknowledged in writing to Beneficiary, Trustor and every tcnurt have been, are, and shall remain in full compliance with any applicable Fr vina nreutal Law. C. Trustor shall immediately notify Beneficiary if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Truster .shall take all necessary remedial action in accordance with any Environmental Law. U. Truster shall immediately notify Beneficiary in writing as soon as Tmstor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Tu vii mencri d Law. 18. CONDEMNATION. Tooter will give Beneficiary prompt notice of any pending or threatened action, by private or public entities to purchase or take any or all of the Property through condemnation, emiru:ni domain, or any other means. Toaster authorizes Beneficiary to intervene in Trustor's nine in any of the above described actions or claims. Trrslor assigns to Beneficiary the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the leans of any prior mortgage, deed of trust, security agreement or other lien document. 19. INSURANCE. Tmstor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. 'this insurance .shall be maintained in the amounts and for the periods that Beneficiary requires. The insurance carrier providing the insurance shall be chosen by Trustor subject to Beneficiary's approval, which shall not be unreasonably withheld. If Trustor fails to maintain the coverage described above, Beneficiary may, at Beneficiary's option, obtain coverage to protect Beneficiary's rights in the Property according to the terms of this Security Instrument. All insurance policies and renewals shall he acceptable to Beneficiary and shall include a standard "mortgage clause" and, where applicable, "loss payee clause." Truster shall immediately notify Beneficiary of cancellation or lernination of the insurance. Beneficiary .shall have the right to hold the policies and renewals. If Beneficiary requires, Truster shall inunediately give to Beneficiary all receipts of paid premiums and renewal notices. Upon loss, Trustor shall give immediate notice to the insurance carrier and Beneficiary. Beneficiary may make proof of loss if not made immediately by Traitor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not extend or postpone the dun date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the 'truster. If the Property is acquired by Beneficiary, Tmstor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. NEBRASKA - DEED OF TRUST rENES cox 1 of ' °d° e °' s 20032257700049