|
201009606
<br />DEEd OF 7RUST
<br />L.oan Nn: 90123�66g (C.�7ntinued)
<br />Page 2
<br />governed by the following pravlsions:
<br />Possession and U.ss. Until tha pqcurrence bf an Event uf D.at�ult, Trustor may (1) remain in posse5sian and cnntrol af the Prnperty;
<br />121 use, nperate or manage the Property; and 13} collect fhia Rents from the F'roperty.
<br />nut.y to Maintain. Trusto► �h�ll maintain the Property in tenantable condition and promptly perform all rapairs, replacements, and
<br />meintenance necessery to preserve its value.
<br />Compliance With �nvironmental L�ws. Trustor represents and warrants to Lender that: 11 } During the perind of Trustor's awnership
<br />of the Property, there has been no use, ge.neration, manufacture, storage, treetment, dis.pos.�l, relaase or threatened releasa of any
<br />Hazerdous Substanca by en parson dn, undgr, abput ar from t.h� Prpp.eriy; (�) Trusto� has no knowledga of, or reason to believe
<br />that th$re has been, ezCept as previpusly disclosed td and acknowledged by Lender in writing, ia) any I�re�ch nr viplation of any
<br />�nvironmental Laws, (b) any use, gener6tfon, m�nufacture, stprage, treatment, dispOSal, release ar threatened retease of any
<br />Wazard:ous. Su6stenGe on, unde.r, about or trnm the i'ropeity by eny prior owners or o�cupants nf the Property, or (c) any actuel or
<br />threa#ened litigation or clairris af any kind by any person releting to sych metters; and (3) �xce.pt as prQvipusly disclosed to. &nd
<br />acknpwledgad by Lender in w.riting, (a) neithe� Trustor nor any tenant, contractnr, egent or ofher authorized u��Y of the i'r.np�arty
<br />shall use, generBte, manuf�cfure, stora, treat, dispo�e of or ralsas� eny HazerdoUs Subst�nc8 on, under, abo.ut or ftqm. the P[aperty,
<br />and. {b} an.y Such acti.v.ity shal.l be conil.u.cted in cpm.pliancA wi,th all �pplica6.le fedar.el, staie, a�id Iac.al laws, regul�tjarls and
<br />ortlinan.ces, incl�ding withaut Iimitaxion ell Envi�onrnental Laws. Trustor autlinriiss Lender and its agenxs tp. enter upon the property
<br />to m&ke such inspe�tiong. and tests, st TrusloPs expen.��,. as Lendec m.8.y d.ee.rry appropriate to determine compliance of the Prop.erty
<br />with this section of the p.eed af Trust. Any inspec.tipjis �r tBStS Crt$�le.. by Leh.d�r sh.�l.l be far Lender"s purposes only end shall nnt 6e
<br />construed to create any responsibility o.f liability o.n the p&.rt bf L.erlder t� Trusto� qr tp qny Other person. The repr�sentations. and
<br />war��nties contained herein ere ba�ed on Trustpr`s due di�i�ence in invesCigating th� Pro.p�rty for Hazaidous Substances. Trustor
<br />her�by (1) re,leases end weives �n.y future ciaims ageinst I„ender for indemnity pr C.pntribution. in the event Trustnr becomes liable for
<br />cl.aenup or nzher co�ts Wnder pny s.uch. latiys; �nd 1�1 agr�ea to. ind�mnify, defe,n�1, and hold harmless I against any and all
<br />cl.�iiYis, Ip8889, Ilabl�ltl0&, darnage8,. pert�lti�s, end 0xpenSpB whiGh Lendar m,�y direc.t�y or indireGtly sust�in or sufter resultiing from a
<br />breach of this sectinn of the D�et1 of Trust or as s con.sepuanee q.f eny u$e, g�her�t(on, I'rienufBCtu�B, storage, dispnsal, release or
<br />thr8eten�d release. oCCUrrirtg pYipr to 7rustpr's. ow.nership oc inf.Q�es.t in t�e Propprty; w,he�her qr not th9 same was nr shauld have
<br />been knawn t� l'�ustor. 7he prnvisian� ot this section. qf the bee.d df Tru9t, including tha obligetian to. indemnify and defend, shall
<br />surui.v� th,e p:ay��nt df. xhe, I.nd�bk�d�i�ss end th.e. a.e.tisf��tion erid. recbnv�yenqe o� xhe, lisn of this p0ed of 'frust and shall not 6e
<br />affec,teii b.y Lende�'s acquisitiqn of eny InteCe.s.t in fha Prnperty, v�ihethe� by fvr,eclo8ure or otherwise:
<br />Nuis�nC�, Vlla�te, Trus�o� �17.a1f ;tlo� a�,u$e, cpnd.uat or permit any nui,�enGe nor cotnmjt, permit, or suff9C any stripping of nr waste on
<br />nr tci th.e Property or a� {ypr�iarl'�f'tHe Pr4p�rty. Without limifi�ig the generality of th.e foregning Trustnr will not remqve, or grant to
<br />an pther p�rty the
<br />Y !'R��it �n tert�cfve,;a�ty timbe►� rn.ir�gral�� ��l)cluding oil at�d ,ga81� . coal ���.�� sc0►'ie, soil,. grsvel or rock prbducts
<br />wi.thnu:t Lender s pr►Q�.+qr�it��.:��'"i�anE
<br />�is a condit al of an h��& rem v I ro',
<br />'� � ts, Lender ma re uire '�ru,
<br />Removal d# Irrt �e►f 1������p .�"�E�Stbr �]tall ot� �erj'�gu,� �p �'��� r4� �rtq��t� frc�t� t�e �t�l pr���t� •without Lender's priar
<br />wrfxtefn con5en� ipn to the ramqv y Improvemen y q stor to make arrangerrtents satisfactary
<br />ta. Le,nder tn. �ce such Imprnv�rnents with Imprnvements df at leeat equal value,
<br />Lender`a Right to �nter, Lender end Lender's egents snd represent�tivas may gnter upon the Re�l PraperXy �t sll reasonabl.e t.imes to
<br />eCt�►�d i6 Lender's interests and tp inspect the Raal Pr4perty for purposes pf TruStpr's cqmpliance with the terms ancl canditions of
<br />thie. Deed 6f Trus#.
<br />Comp.l.l.anca with GAyernmentsl �iq'q�ira.rrien#�. 'Crystor shell pr.qmptJy comµly with, ell la .ws,. nh,djn.'1a.nG:a�, and regul.ation�, npw or
<br />hsYaatter in effect, af ell gqvPrnmental �uthnri.tl�s eppliFa�ls ta tha. use nr bcaup. anay oi t.he Prnperty, including wiK�iout tlrri`taiid.n:, the
<br />Ameticens With pisabiliSies. A,ct, 'Crustar may cont�,st, in gqp�d feith any such lava+,. ordin.en�e., or tegulation an� yyithhol comp.l.i.an�e
<br />durin� any p�b�eeding, including , app.ra.prl�te app�al� sp fong as TrusEar ha# no.titlad. Lgnde.r In writing pripr cp d.o.ing sa snd ao lo:n� as,
<br />in Lentlar's sole apinion, t,ender'8 iht�rests in the praperty �rq n,p.; j6qp�rdlzed� LBndsr may raquire Ttustor tts. po8t �d9quate security
<br />or e surety bond, reasonably setlsfactory to L�nd�r, fb proteot Lentl�r'� interest..
<br />Duty to Prota.a4.. ?rustpr ag.rees n.either to ab.anc�qn 6r leav$ unAttende.d, the Prap�rCq. 'Trus.tor sh�ll dn all other a�ts, in additian ta
<br />those. acfs set fcjrth abnve in this septi¢n, wh'ich frpm the charactsr and use of the Property are reasonably nocess8ry to protect and
<br />presetve the RropBrty.
<br />DUE QN 5i41,E - C.O.NS..E.Nt H.Y L.END�R. Lender may, at Lerlder's' option, dealare immediately due end payable ��I xums secure,d by this
<br />Deod of 7rust up.pn the sale qr transfel', without Lendar's prior vurittQn coneent, of all or akiy pert af the fieal ProperCy, or any interest in tha
<br />Resl Prope�ty. A"sal.A ot tre.n6.fer" means the conveyan�.e o� R�al Propert.y p,r �ny righ.t, title or intereSt in the Real Property; whether legal,
<br />b.eneticial nr equita�ile; whethi.Qr voluritary or invo�untery; whether b.y out�ight sale, deetl, installmenY sale contr��t, land contrect, contract
<br />tor deed, Isasehald intere�t with a tetrrl greeter tlisn threa 13) yea�g, lea�e-option cpntra.ct, ar by sale, assignritont, qr transfsr of any
<br />beneticial interest in or to a.ny land trust ito(ding tltls t6 thE Re�eJ Property, or liy any other rfietht�d af conveyance pf 8n interest in the R��I
<br />Property. However; this nption s nnt be ezercised by Lendor if sucM exerclse is proFilbited by f�deral law or by Nebraska law.
<br />?AXES AND LI�NS. 7he follawing provisia.ns relating tc� the taxes antl liens an the Prpperty are. pstt of this De.ed tlf TrusC:
<br />Rayment. Trustar shall pay wh�h due. land in all euqnts prior tp dellrlpuency) all iaxea, speclel taxea. assessments, ch�rges lincluding
<br />water e.nd sew.er), fine� and imp,psitfons levied ag,�inst, n.r nn accaunt of. the Property; and sh'ell p'ay whan due all c.lalr�s fpr w. Qrk dpne
<br />on nr for services. rendered pr material fumished ta. tha 1'roperty. 7ru.stor shsll maintairi the Prpperty free of all liens having priarity
<br />over or equal to the interast nf L.endQr under this beed of TruSt, except for #he lien of taxes and sssessments nnt due and except as
<br />otherwiae prnvided in thi� pe8tl nt Trust.
<br />Rigbt tp Confest. Trustor may withhold paym�nt of eny tax, 8ss�semant, or claim in co.nnectlon with a good fafth dispute over the
<br />abligatlpn ta pay, so long as Lender's intereet in the Prqperty is not jeopardi'xed. If a lien arises pr is filed as a resulY of npnpayment,
<br />Trustor shmtl within fifteen (16) deys after the lien arises. or, if a lien i� filed, withln fifteen (161 days atter Tru�tor has notic� of the
<br />flling, secure the discherge of tlie lien, or if requested by Lender, deposiC with Lender cash or a sufficient corpprate sUrety bnnd ar
<br />other security satisfantory to Lender In sn amounY sufficient to discharge the lisn plus any costs and attameys' fee5, or other charges
<br />
|