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16. ENVIRONMENTAL LAWS AND HAZA��OU5�l7BSTARiC�S. As used in this section, (11 Environmental
<br />Law means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act
<br /> -__ (CERCLA, 42 U.S.C. 9601 et seq,?, all other federal, state and local laws, regulations, ordinances, court orders,
<br />attorney general opinions or interpretive lett�rs concerning the public health, safety, welfare, environment or a
<br />hazardous substance; and (2) Hazardous Substance means any toxic, radioactive or hazardous material, waste,
<br />pollutant or contaminant which has characteristics which render the substance dangerous or potentially
<br />dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any
<br />substances defined as "hazardous material," "toxic substance," "hazardous waste," "hazardous substance," or
<br />"regulated substance" under any Environmental Law.
<br />Grantor represents, warrants and agrees that:
<br />A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will
<br />=-� be located, stored or released on or in the Property. This restriction does not apply to small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate for the normal use and maintenance
<br />of the Property.
<br />B. 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 />C. Grantor will immediately notify Lender if a release or threatened release of a Hazardous Substance occurs
<br />on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In
<br />such an event, Grantor will take all necessary remedial action in accordance with any Environmental Law,
<br />D. Grantor will immediately notify Lender in writing as soon as Grantor has reason to believe there is any
<br />pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any
<br />Hazardous Substance or the violation of any Environmental Law,
<br />17. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened action by private
<br />or 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
<br />or claims. Grantor assigns to Lender the proceeds of any award or 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
<br />and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms
<br />of any prior mortgage, deed of trust, security agreement or other lien document.
<br />18. 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 {ast 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 of the Secured Debts. Grantor may choose the insurance company,
<br />subject to Lender's approval, which will not be unreasonably withheld. All insurance policies and renewals
<br />shall include a standard "morigage clause" (or "lender loss payable clause") endorsement that names Lender as
<br />"mortgagee" and "loss payee". If required by Lender, all insurance policies and renewals will also include an
<br />"additional insured" endorsement that names Lender as an "additional insured". If required by Lender, Grantor
<br />agrees to maintain comprehensive general liability insurance and rental loss or business interruption insurance
<br />in amounts and under poficies acceptable to Lender. The comprehensive general liability insurance must name
<br />Lender as an additional insured. The rental loss or business interruption insurance must be in an amount equal
<br />to at least coverage of one year's debt service, and required escrow account deposits (if agreed to separately
<br />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 or 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 Debis and charge interest on it at the
<br />rate that applies to the Secured Debts, This insurance may include coverages not originally required of
<br />Grantor, may be written by a company other than one Grantor would choose, and may be written at a higher
<br />rate than Grantor could obtain if Grantor purchased the insurance. Grantor acknowledges and agrees that
<br />Lender or one of Lender's affiliates may receive commissions on the purchase of this insurance.
<br />19. 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 />20. 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 does not agree by signing this Security Instrument to be personally liable on the Secured
<br />Debts, If this Security Instrument secures a guaranty between Lender and Grantor, Grantor agrees to waive
<br />any rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted
<br />under the obligation. These rights may include, but are not �imited to, any anti-deficiency or one-action laws.
<br />21. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br />successor without any other formality than the designation in writing. The successor trustee, without
<br />conveyance of the Property, will succeed to all the title, power and duties conferred upon Trustee by this
<br />Security Instrument and applicable law, including, without limitation, the right to appoint a successor or
<br />substitute trustee at any time and from time to time.
<br />RYAN RATHKE �
<br />Ne6raska Deed Of Trust Initials�
<br />NE/4XXCEMORY00000000000621058052411N Wolters Kluwer Financial Services °1996, 2011 Bankers SystemsT"^ Page 4
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