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20i0U-24~7 <br />DEED OF TRUST <br />Loan No: 0872057973 (Continued) <br />Page 2 <br />claims, losses, liabilities, damages, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a <br />breach of this section of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release ar <br />threatened release occurring prior to Trustar's ownership or interest in the Property, whether or not the same was or should have <br />been known to Trustor. The provisions of this section of the Deed of Trust, including the obligation to indemnify and defend, shall <br />survive the payment of the Indebtedness and the satisfaction and reconveyance of the lien of this Deed of Trust and shall not be <br />affected by Lender's acquisition of any interest in the Property, whether by foreclosure or otherwise. <br />Nuisance, Waste. Trustor shall not 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, Trustor will not remove, or grant to <br />any other party the right to remove, any timber, minerals (including oil and gas1, coal, clay, scoria, soil, gravel or rock products <br />without Lender's prior written consent. <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's 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 Trustor's compliance with the terms and conditions of <br />this Deed of Trust. <br />Compliance with Governmental Requirements. Trustor shall promptly comply with alt laws, ordinances, and regulations, now or <br />hereafter in effect, of all governmental authorities applicable to the use or occupancy of the Property. Trustor may contest in good <br />faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, sa tong as <br />Trustor has notified Lender in writing prior to doing so and so long as, in Lender's sole opinion, Lender's interests in the Property are <br />not jeopardized. Lender may require Trustor to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect <br />Lender's interest. <br />Duty to Protect. Trustor 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 />Compliance with Lease. Trustor will pay all rents and will strictly observe and perform on a timely basis all other terms, covenants, <br />and conditions of the Lease. Trustor will indemnify, defend, and hold Lender harmless against all losses, liabilities, actions, suits, <br />proceedings, costs including attorneys' fees claims, demands, and damages whatsoever which may be incurred by reason of Trustor's <br />failure to pay rents or strictly observe or perform under the Lease. <br />Other Agreements Relating to the Lease. Trustor further agrees 11! not to surrender, terminate, or cancel the Lease, and 121 not to <br />modify, change, supplement, alter, or amend the Lease, either orally or in writing, without Lender's prior written consent. Any <br />attempt by Trustor to do any of the foregoing without Lender's prior written consent will be void and of no force and effect. At <br />Lender's option, Trustor will deposit with Lender as further security all original documents relating to the Lease and the leasehold <br />interest in the Property. Unless Trustor is in preach or default of any of the terms contained in this Deed of Trust, Lender will have no <br />right to cancel, modify, change, supplement, alter or amend the leasehold interest. No estate in the Property, whether tee title to the <br />leasehold premises, the leasehold estate, or any subleasehold estate, will merge without Lender express written consent; rather these <br />estates will remain separate and distinct, even if there is a union of these estates in the landlord, Trustor, or a third party who <br />purchases yr otherwise acquires the estates. Trustor further agrees that if Trustor acquires all or a portion of the fee simple title, or <br />any other leasehold or subleasehold title to the Property, that title will, at Lender's option, immediately become subject to the terms of <br />this Deed of Trust, and Trustor will execute, deliver and record all documents necessary or appropriate to assure that such title is <br />secured by this Deed of Trust. <br />Notices Relating to the Lease. Trustor will promptly notify Lender in writing: <br />(1) if Trustor is in default in the performance or observance of any of the terms, covenants, or conditions which Trustor is to <br />perform or observe under the Lease; <br />121 if any event occurs which would constitute a default under the Lease; <br />131 if any notice of default is given to Trustor by the landlord under the Lease; <br />141 if, pursuant to the Lease, any proceeds received for the Property are deposited with someone other than Lender, whether <br />received from any insurance on the Property or from the taking of any or all of the Property by eminent domain; and <br />15) if any arbitration or appraisal proceedings are requested or instituted pursuant to the Lease. <br />Trustor agrees to provide Lander promptly with a copy of all written materials relating to any of the above and to provide Lender with <br />such other information as Lender may reasonably request. Trustor agrees that promptly after the execution and delivery of this Deed <br />of Trust, Trustor will notify the landlord under the Lease in writing of the execution and delivery of this Deed of Trust and of the name <br />and address of Lender and will deliver a copy of this Deed of Trust to the landlord. <br />Option to Cure Lease Default. Upon Lender's receipt of any written notice of Trustor's default under the Lease, Lender may, at <br />Lender's option, cure such default, even though Trustor, pr any party on behalf of Trustor, questions or denies the existence of such <br />default or the nature of the default. Trustor expressly grants to Lender the absolute and immediate right to enter upon the Property to <br />such extent and as often as Lender in it sole discretion deems necessary or desirable in order to prevent or cure any such default by <br />Trustor. <br />DUE ON SALE -CONSENT SY LENDER. Lender 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 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 />beneficial 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-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. However, this option shall not 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. Truster shall pay when due land in all events prior to delinquency) all taxes, special taxes, assessments, charges (including <br />water and sewer), fines and impositions 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 />aver or equal to the interest of Lender under this Deed of Trust, except for the lien of taxes and assessments not due, except fpr the <br />Existing Indebtedness referred to below, and except as otherwise provided in this Deed of Trust. <br />Right to Contest. Trustor may withhold 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 the Property is not jeopardized. If a lien arises or is filed as a result of nonpayment, <br />Trustor shall within fifteen 1151 days after the lien arises or, if a lien is filed, within fifteen (15) days after Trustor has notice of the <br />filing, secure the discharge of the lien, or if requested by Lander, deposit with Lender cash or a sufficient corporate surety bond or <br />other security satisfactory to Lender in an amount sufficient to discharge the lien 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, Trustor shall defend itself and Lender and shall <br />satisfy any adverse judgment before enforcement against the Property. Trustor shall name Lender as an additional obligee under any <br />surety bond furnished in the contest proceedings. <br />Evidence of Payment. Trustor 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 assessments <br />against the Property. <br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) days before any work is commenced, any services are <br />furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on <br />