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<br />event, Lender has the right, but not the obligation, to participate in any such proceeding including the right to
<br />receive copies of any documents relating to such pracesdings.
<br />E. Except as previously disclosed and acknowledged 'in writing to Lender, Grantor and every tenant have
<br />been, are and will remain in full compliance with any applicable Environmental Law.
<br />F. Except as previously disclosed and acknowledged in writing to Lender, there are no underground storage
<br />tanks, private dumps or open wells located on or under the Property and no such tank, dump or well will be
<br />added unless Lender first consents in writing.
<br />G. Grantor will regularly inspect the Property, monitor the activities and operations on the Property, and
<br />confirm that all permits, licenses or approvals required by any applicable Environmental Law are obtained and
<br />complied with,
<br />H. Grantor will permit, or cause any tenant to permit, Lender or Lender's agent to enter and inspect the
<br />Property and review all records at any reasonable time to determine 11- the existence, location and nature of
<br />any Hazardous Substance an, under or about the Property; 121 the existence, location, nature, and magnitude
<br />of any Hazardous Substance that has been released on, under ar about the Property; or 131 whether or not
<br />Grantor and any tenant 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 qualified
<br />environmental engineer to prepare an environmental audit of the Property and to submit the results of such
<br />audit to Lender. The choice of the environmental engineer who will perform such audit is subject to Lender's
<br />approval,
<br />J. Lender has the right, but not the obligation, to perform any of Grantor's obligations under this section at
<br />Grantor"s expense.
<br />K. As a consequence of any breach of any representation, warranty or promise made in this section, (1)
<br />Grantor will indemnify and hold Lender and Lender's successors or assigns harmless from and against all
<br />losses, claims, demands, liabilities, damages, cleanup, response and remediatian costs, penalties and
<br />expenses, including without limitation all costs of litigation and attorneys' fees, which Lender and Lender's
<br />successors or assigns may sustain; and 121 at Lender's discretion, Lender may release this Security
<br />Instrument and in return Grantor will provide Lender with collateral afi 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 contrary, the terms of
<br />this section will survive any foreclosure or satisfaction of this Security Instrument regardless of any passage
<br />of title to Lender or any disposition by Lender of any or all of the Property. Any claims and defenses to the
<br />contrary are hereby waived.
<br />18. CONaEMNATION. Grantor will give Lender prompt notice of any pending or threatened action by private or
<br />public entities to purchase or take any or all of the Property through condemnation, eminent .domain, or any
<br />other means. Grantor authorizes Lender to intervene in Grantor's name in any of the above described actions or
<br />claims. Grantor assigns to Lender the proceeds of any award ar claim for damages connected with a
<br />condemnation or other taking of all or any part of the Property. Such proceeds will be considered payments and
<br />will be applied 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 associated with the
<br />Property, Grantor will maintain this insurance in the amounts Lender requires. This insurance will last until the
<br />Property is released from this Security Instrument. What Lender requires pursuant to the preceding two
<br />sentences can change during the term afi the Secured Debts. Grantor may choose the insurance company,
<br />subject to Lender's approval, which will not be unreasonably withheld.
<br />All insurance policies and renewals will include a standard "mortgage clause" and, where appfioabls, "loss payee
<br />clause." If required by Lender, Grantor agrees to maintain comprehensive general liability insurance and rental
<br />loss ar business 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 business interruption
<br />insurance must be in an amount equal to at least coverage ofi one year's debt service, and required escrow
<br />account deposits lif agreed to separately in writing,
<br />Grantor will give Lender and the insurance company immediate notice of any loss. All insurance proceeds will
<br />be applied to restoration or repair of the Property ar to the Secured Debts, at Lender's option. If Lender
<br />acquires the Property in damaged condition, Grantor's rights to any insurance policies and proceeds will pass to
<br />Lender to the extent of the Secured Debts.
<br />Grantor will immediately notify Lender of cancellation or termination of insurance. If Grantor fails to keep the
<br />Property insured, Lender may obtain insurance to protect Lender's interest in the Property and Grantor will pay
<br />for the insurance on Lender's demand, Lender may demand that Grantor pay for the insurance all at once, or
<br />Lender may add the insurance premiums to the balance of the Secured Debts and charge interest on it at the
<br />rate that applies to the Secured Debts. This insurance may include coverages not originally required of Grantor,
<br />may be written by a company other than one Grantor would choose, and may be written at a higher rate than
<br />Grantor could obtain if Grantor purchased the insurance, Grantor acknowledges and agrees that Lender or one
<br />of Lender's afifiliates may receive commissions on the purchase of this insurance,
<br />20. ESCROW FOR TAXES AND INSURANCE. As provided in a separate agreement, Grantor agrees to pay to
<br />Lender funds for taxes and insurance in escrow.
<br />21. CO-SIGNERS. If Grantor signs this Security'Instrument but is not otherwise obligated to pay the Secured
<br />Debts, Grantor does so only to convey Grantor's interest in the, Property to secure payment of the Secured
<br />Debts and Grantor doss not agree by signing this Security Instrument to be personally liable an the Secured
<br />Debts. If this Security Instrument secures a guaranty between Lender and Grantor, Grantor agrees to waive any
<br />rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted under
<br />the obligation, These rights may include, but are not limited to, any anti-deficiency or one-action laws,
<br />NEBRASKA INVESTMENT ASSOCIATION, LLC
<br />Nebraska peed Of Trust Initials
<br />NE/4jmccrodao0118800006632024120809Y Wolters Kluwer Financial Services ®1996, 2009 Bankers Systems*M Pale 5
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