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DEED OF TRUST 2Q1~~DU9~
<br />(Con#inued) Page 2
<br />Nufaanca, Waste. Truator shall not cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of ar waste on
<br />or to the Property or any portion of the Property. Without limiting the generality of the foregoing, Truster will not remove, or grant to
<br />any other party the right to ramnve, any timber, minerals (including oil and gas), coal, clay, scoria, soil, gravel or rock products
<br />without Lender's prior written consent,
<br />Removal of lmprovamerrts. Truster shall net 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 Truster to make arrangements satisfactory
<br />to Lender to replace such Improvements wish Improvements of at least equal value.
<br />Lender's Right tp Enter. Lender and Lender's agents and representatives may entmr upon the Real Property at a!I reasonable times to
<br />attend to Lender's interests and to inspect the Real Property for purposes of Trustar's compliance with the terms and conditions of
<br />this Deed of Trust.
<br />Compliance with Governmental Repulromants. Truster shall promptly comply with all laws, ordinances, and regulations, now or
<br />hereafter in affect, of all governmental authorities applicable to the use ar occupancy of the Property, including without limitation, the
<br />Americans With Disabilities Act. Truster may contest in good faith any such law, ordinance, or regulation and withhold compliance
<br />during any proceeding, including appropriate appeals, so long as Truster has notified Lender In writing prior to doing sa and sn long as,
<br />in Lender's sole opinion, Lender's interests in the Property are not jeopardized. Lander may require Truster to post adequate security
<br />or a surety bond, reasonably satisfactory to Lender, to protect Lender's interest.
<br />Duty to Protect. Truster agrees neither to abandon or leave unattended the Property. Truator shall da 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 qN SALE -CONSENT BY LENDER, Lander may, at Lender's option, declare immediately due and payable 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 Raal Property, or any interest in the
<br />Real Property. A "sale pr transfer" means the conveyance of Raal Property yr any right, title or interest in the Real Property; whether legal,
<br />beneficial or equitable; whether voluntary or involuntary; whether by outright sale, dead, installment sale contract, land contract, contract
<br />for deed, Leasehold interest with a farm greater than three I3) years, lease-option contract, or bV sale, assignment, or transfer of any
<br />beneficial intarast in or to any land trust holding title to the Real Propercy, or by any other method of conveyance of en interest In the Real
<br />PropeRy. However, this option shall not be exercised 6y Lender if such exercise Is prohibited by federal law or 6y Nebraska law.
<br />TAXES AND LIENS. Tha following provisions relating to the taxes and liens on the Property are part of this Deed of Trust:
<br />Paymmnt. Truster shall pay when duo (and in all events prior to delinquency) all texas, spacial taxes, assessments, charges (including
<br />water and sewer), fines and impnsitinns levied against or on account of the Property, and shall pay when due all claims for work dare
<br />on or for services rendered or material furnished to the Property. 7rustor shalt maintain the Property free of all liens having priority
<br />over or equal to the interest of Lander under this Deed of Trust, except for the lien of texas and assessments not due and except as
<br />otherwise provided in this Deed pf Trust.
<br />Right tv Cgntest. Truster may withhn)d payment of any tax, assessment, or claim in connection with a good faith dispute over the
<br />obligation to pay, so long as Lender's interest in Ute Property is not jeopardized. If a lien arises or is tiled as a result of nonpayment,
<br />Truster shell within fifteen 115) days after the Tien arises or, if a lien is filed, within fifteen (15) days after Truster has notice of the
<br />filing, secure the discharge of the lien, or Pf requested by Lender, deposit with Lender cash or a sufficient corporate surety bond or
<br />other security satisfactory to Lander in an amount sufficient to discharge the Itan plus any costs and attorneys' fees, or other charges
<br />that could accrue as a result of a foreclosure or sale under the lien. In any contest, Truster shall defend itself and Lander and shall
<br />satisfy any adverse judgment before anfnrcement against the Property. Truster shall Hama Lender as an additional obligee under any
<br />surety bond furnished in the contest proceedings.
<br />Evidence of Payment. Truster shall upon demand furnish to Lender satisfactory evidence of payment of the taxes or assessments and
<br />shall authorize the appropriate governmental official to deliver to lender at any time a written statement of the taxes and easessmenta
<br />against the Property.
<br />Notice of Construction. Truator shall notify Lender at least fifteen (15) days before any work is commenced, any services era
<br />furnished, or any materials era supplied to the Property, if any mechanic's lien, materialmen's lien, or other lion could be assorted on
<br />account of the work, services, or materials. Truator will upon request of Lender furnish to Lander advance assurances satisfactory to
<br />Lender that Truator can and will pay the cost of such improvements.
<br />PROPERTY DAMAGE INSURANCE. The fallowing provisions relating to insuring the Property era a part of this Deed of Trust,
<br />Maintenance of Insurance. Truator shall procure and maintain policies of fire insurance with standard extended coverage
<br />endorsements on a replacement basis far the full insurable value covering all Improvements pn the Real Property in an amount
<br />sufficient to avoid application of any coinsurance clause, and with a standard mortgagee clause In favor of Lender, Truster shall also
<br />procure and maintain comprehensive general liability insurance in sunh coverage amounts as Lender may request with Trustee and
<br />Lander being named as additional Insureds in sunh liability insurance policies. Additionally, Truator shall maintain such other
<br />insurance, including but not limited to hazard, business interruption, and boiler insurance, as Lender may reasonably require. Policies
<br />shalt be written in form, amounts, coverages and basis reasonably acceptable to Lander and issued 6y a company or companies
<br />reasonably acceptable to Lender. Truator, upon request of Lender, will deliver to Lander from time to time the policies or certificates
<br />of insurance in form satisfactory to Lender, including stipulatlona that coverages will not be cancelled or diminished without at least
<br />thirty {30) days prior written notice to Lender. Each insurance policy also shall include an endorsement providing that coverage in
<br />favor of Lender will not be impaired in any way by any act, omission or default of 7rustor ar any other person. Should the Real
<br />Property 6e located in an area designated by the Director vt the Federal Emergency Management Agency as a special flood hazard
<br />area, Truator agrees tp obtain and maintain Federal Flapd Insurance, if available, for the full unpaid principal balance of the loan and
<br />any prior liens on the property securing the loan, up to the maximum policy limits set under the National Flood Insurance Program, yr
<br />as otherwise required by Lander, and to maintain Such insurance for the term pf She loan.
<br />Appifeation of Proceeds. Truator shall promptly notify Lander of any lose or damage to the Property. Lender may make proof of loss
<br />if 7rustor fails to do so within fifteen (15) days of the casualty, Whether yr Hat Lender's security is impaired, Lander may, at Lender's
<br />election, receive and retain the proceeds of any insurance and apply the proceeds to the reduction of the Indebtedness, payment of
<br />any lien affecting the Property, or the restoration and repair of the Property. If Lander elects to apply the proceeds to restoration and
<br />repair, Truator shall repair pr replace the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shall, upon
<br />satisfactory proof of such expenditure, pay or reimburse Truator from the proceeds for the reasonable cost of repair or restoration if
<br />Truator is not in default under this Deed of Trust. Any proceeds which have not been disbursed within 180 days after their receipt
<br />and which Lender has not committed to the repair pr restoration of the Property shall bo used first iv pay any amount awing to Lander
<br />under this Daad of Trust, then to pay accrued interest, and the remainder, if any, shall ba applied to the principal balance of the
<br />Indebtedness. If Lander holds any proceeds after payment in full of the Indebtedness, such proceeds shall be paid to Truator as
<br />Trustor's interests may appear.
<br />7rustor's Report on Insurance. Upon request of Lander, however not more than once a year, 7rustor shall furnish t0 Lender a reporc
<br />pn each existing policy of insurance showing: (1) the name of the insurer; (2) the risks insured; {3) the amount of the policy; 14)
<br />the property Insured, the than currant replacement value of such property, and the manner of determining that value: and (5) the
<br />expiration date of the policy. 'Truator shall, upon request of Lender, have an Independent appraiser satisfactory to Lender determine
<br />the cash value replacement cost of the Property.
<br />LENDER'S EXPENDITURES. If any action or proceeding is commenced that would materially affect Lender's interest in the Property yr if
<br />Truator fails to comply with any provision of this Deed of Trust or any Related Documents, including but not limited to Trustor's failure to
<br />discharge or pay when due any amounts 7rustor is required to discharge or pay under this Deed of Trust yr any Related Documents, Lender
<br />on Trustvr's behalf may {but shall not be obligated to) take any action that Lender deems appropriate, including but Hat limited to
<br />discharging or paying all taxes, liens, security interests, encumbrances and other claims, et any time levied or placed on the Property and
<br />paying all costs for insuring, maintaining and preserving the Property. All such expenditures incurred or paid by Lender far such purposes
<br />will than bear intarast at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Truator. All
<br />such expenses will became a part of the Indebtedness and, at Lender's option, will (A) be payable an demand; IB) be added to the
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