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<br /> I f-25•1996 �� �.OQ�� DEED OF TRUS�' Pagc 2 . � -
<br /> (Continued) -
<br /> � -----�-------------_.—_:�:_.:�:.:-��__-------__:�=r�_-�:
<br /> �;_---_.—.-.._.-�_;_�.�____ --�—...._�___..__... a�
<br /> i Rcnts, The vrOrd"fienq"moAns iil presenl pnd lulure reni9,revenue�,Income,issues,royallles,profits,nnd othor bonofits derivad lrom Iho fi
<br /> � Propeity. -
<br /> , + Trustor. The word"Truelo�'msmne any end tll person9 a��d entitiee executlnp Ihls Doed ot Trust,Includinp without limitatlon all Trustora nan�ed �� �
<br /> I abow.
<br /> • ; TNIS pEEU OF TRIIST, INCLUR�ING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br /> PRdPEK'�Y,IS GIVEN TO SECURC• (1)PAYMENT OF THE INDEDT[ONFSS AN� (2)PERFORMANCF QF ANY AND ALL OBLIGATiONS OF
<br /> TRUSTOR UNDER 7HE t�lOTE,THE RELATED DOCUMENTS,AND THIS DEED OF TRUST. THiS DEED OF 7RUST IS GIVEN AND ACCEPTED
<br /> UN THE FOLLOWING TERMSa �
<br /> � PAYMENT AND PERFORMANCE. Except�s otherwlse provldad In thls Deed of Trusf,4rustor cAall p�y to Lender a�l amounb secured by lhi9 Deed •
<br /> � � of Tru�t�e Ih�y b�cortN due,and ahnll atrictly�nd In a timpiy mannnr p�rform all 01 Tcusla'a obliq�ilons undor fhe Noto,lhls Qeed of Trust,Rnd iha • •
<br /> • FlNatod Docurn�nts. • ' -
<br /> ' POSSESSION I►ND MAINTENANCE OF THE pROPERTY. Trusta�yr�s that Trusta's possossfon and uso of Ihe�'roparty ehaU be poverned by . , `
<br /> tiw tdlowinp provlslonr.
<br /> Posseulon ond llse. Unlil lhe occurrence ol an Ewnl of�et�uR,Trusta may (�)ramaln In posss3slon and conhd ot the Property, (b)use, ;�! r�. �,-
<br /> opsnt�or mantpe lho Property,and (o)cdleat my Rents hom tM Propaty. :�,!6'�-�,t„��-
<br /> ° `�'� � Dury to M�Inaln. Trustor 9ha11 mnlntaln the Properly In tsrundtbN condillon�nd prompry perfam al rep�lro,repl�amenb,4nd malnterutnce
<br /> .. �. , necessary to preserve Its�rrluc�. , '�"'`� -
<br /> Huxdous Subsqnca. Trustor rapresents and wnrtanls that the Pr never ht�been,and never will be so lanp as thls Deed of Trust "��1���
<br /> . •.s;;,.,�� remolns e ilen on the Froperty, used tor 4he peneratlon, manufac�tuere slal�e,heatmont, dispossl, rebtse a threafened rebass of any . '- ���
<br /> hezardDt�s waste or substAnce,as those terms are deflned In fhe Cnmprehensive Environmentd Response,Cempensatlon ltnd LI�bllity Act of
<br /> • '�� 1880,as emended,42 U.S.C.Sectiort 9601, et seq.('CERCLA"),tne Supe�turtd Artwndments sr•�d Reauthorl7�tion Act�"5AFiA?,�pp�tceble .
<br /> ' � state a Federel I�ws,or regulations adopted pu�wnt to�ny ot the torepdnp. Trusta�ulhaiz6s Lcndar and IIS apents to enter upon fAe _
<br /> � Properiy to mako 6uch Inspections and tosts as Lender may deem approprqta to determine compllancs of the Property with Ihb soctlon ut lhe ;: __—���=
<br /> � Deed af Trust. Trustor horeby (e)rolleases end wflives sny Sulure Ciafms apalnsl Lender tor Indemnfty or conMbuflon In the event Trustor
<br /> ea
<br /> becomes Ikbte fa cle�nup a other costs under any such kws,�nd (b)apraos to Ind�mniry and hdd harm{ess Lendar�yalnst any and aH , s;;. r"�"'
<br /> ?' Ctafms and losses resulHnp hom a breach ot thls pnragraph of the Deed of Trost. Thls oblfpatlon to indemnity shall survtve the payment o}the �v:''.}r!;=,
<br /> � .` indebtadness nnd the sarisfaction of lhis Oeed of Trust. •'�-�
<br /> i, E � Nutsmce,Waste. Trusfa shall not cause,conduct or permit�ny nuisance nor commit.permit,a suHer any sMpplrp of or wufe on a to Ub ="
<br /> � P r o p e r t y o r tn y pnrtion ot the Pr o p e r l y. Wiihqut Ilmifl n p Iha penerllity of the torepdng,Trustor will not remove,or pnnt to any other party the ��:
<br /> � ripht fo remove,uny timber,minetals(InCludinp oil and at�),sdl,prsvel a rock products without the prior w�iHen consenl o(Lender. "�j�,;'�:�—
<br /> DUE OA)SALE�CfaNSENT BY LENDER. Lender may,et its option,declare immedktery due tnd payabb a0 sums secursd by thls Deed of Trust _
<br /> upon the sele or transler,without tfie Lender's prla wdtten Co�nent,of all or any part ol the Real Property,or any Interest In the Real Property. A �� J "
<br /> � � "sale or trnnsf6r'means the conveyance o}Real Property Or any ripht,tille or Interas!thereln;whether legtl,beneHClal or equitlbli;whether votuntery ;
<br /> -�,- �ii�titaUi�iiy,�h�ot!'�b;'vL'F�hS��.L�....""C�..::!°�°�...!�P.!°�`�°L`L'�lfE^_f InnA�nnhrr.f rnntrnr.l tnr riaatl,l�cahdd Interest wilh a term areater thm '�`L
<br /> . � .�, three(3)years,lease-opUon contract,a by sale,asslpnment,or hanster of any beneAclai Interest In or to any I�nd trust hddirp tlHe M the Real
<br /> �q Property,u by any other melhod ot conveyance ot Real Prnperty Intwest. If any Trustor is e capaaflon,psrtnarshlp or Ilmited IkbiNty comp�ny,
<br /> R transter also fncludes ony chanpn in ownarship of mue t{xn twen9y-fiv9 perCeM(26`%)a?fhe votlnp stcek,partr�ship interes�or Ilmited IiabNity ,
<br />- ' � company Interests,as lhe caso may he,of Trustor. Howover,fhls optlon shall not E�e exarcised by Lender If such exem,fse Is proh161ted by federal ,
<br /> � law or by Nebraska law. ' `-
<br /> TAXES AND UENS. The fdlowiny provlsions relatiny to lhe taxes and Aens on the Property ara a pari of this Deed o{Trust. _�
<br /> PaymenG Trustor shtll pay when due(and In ail events prior to delinquency)all t�xes,speckl fanas,astrn�e+its,cha�s Qnciudinp wNer x,-
<br /> �nd srwer),8nes and Imqositlons levled eWUnst or on nccount of tM Property,ond shW pay whsn dua�t ciaims for waic done on or for .
<br /> servkes�endered or mniorl�l turnished to Ihe Properly. 1'ruetor shall malnt�ln ths Propaty hea ot aB Iiens h�vinp priorily over or equ+il to lhe r••
<br />' � . interast ot Undx undar Ihls Dead ot Trust,except tor tlx�Ibn ot taxes and assessments not duu and except ns olherwise provided In thls Deed
<br /> "�� - ot Ttust. � -
<br /> � PROPERTY DAMAGE INSURANCE. The fdlowing provM�,lons relaHny lo Insurinp the Proparty us�part of tAls Deed of Trust. , .e��
<br /> . �;nF-
<br /> • ��%�>� � Maintenoace o/lnsurance. Trusta sha11 prooure and maintaln pdicl�s of flrs Insunnes wifh st�ndard wAsndad covonge endorsom�nls on a
<br />-� ' ' replaCemenl bt�sis tor thp 1u111nsurabie value coverinp all Improv+ements on the ReU P►operty in an�mount suffiClent to avdd�pplk�tbn Of�ny =
<br /> � �• colrtsurnnce clause,and wllh a standerd matgenee clduse In fava of Lender,togelher with such other hazard and IiabfNty Insuranco u L�ndx
<br />-' ' :"�, may reasonabty reqWre. Pdkles oheli be wrltten In farm,amounb,coverages�nd Wsls reason�biy acxeptabk to I.�ndgr�nd Isstwd by a
<br /> company cr compsrt!�s reasonably ecc�ptebts to Lender. 7rustor,u�on req��ost o�t.ender,will deli��er to Lendor hom timo to time the pdicles �__,__ _______ _
<br /> � ? or certtlicetas ot Insurance in tam satisfactory to Lender,Includlrp sHpulallons th�t coverapes wlll not be ancelled Ar dimintshed witAOUt at --- --
<br /> leest ton(t0)days'prla wdften noHcs to I.ender. Each Insunnca policy slso shall Includa an endassment provldinq th�t coven�s In f�vor of _
<br />= Lender wiA not be Impafrod In eny way by any act,omi�sion or detauli ot Trustor or any other person. S�ould the Re�l Property�t er.y Hme _
<br />_ ' . Gecome located In an kre�designatud by tne Directa o}the Federal Emerpency Mtnaqomgnt Apency as a speclal tlood hazard�uee,Trustor �-_------ ---
<br /> " • aprees to obtaln and malrttaln Fsderel Flaod Insunnce ta the full unpdd pdncipel balanoe of the loan,up to lhe modum pofbyr Iimib s�t under
<br /> ��- ttw NaUon�l Flood Insurunce Pro��am,w es otherwlse requked by Lender,end to mRinfaln Such Insurance for ths term of 1he Ian. g';_
<br /> ,., :'r�'��-��•t+�� � EXPENDDtURES BY LENOER. I}Trusta(ails to compiy w8h any provis�on o}thfs Dsed of'frust,or If any acHOn or proceedinp Is commonad thct
<br />� ..' ��,'+`:4;� , would materielly sNecl Lendee's Interesb in the Property,Lender on Trustor's behalf rruy, but shall not be roqulred to,take any acAon that Lender =- --- --
<br />- . deqms�pproprkte. My amount that Lendar axpends in so ddnp will bsar interest at the rate providgd tor in the Note kom IM dats Incurred a p�ld ���-;
<br /> ;.� by lendar lo the date of repayment by Trusta. All such expense�,at Lendere opflon,wul (e)be payable on demand, (b)be tdded fo the balance - `'
<br /> • o►the Note and be epportloned amonp end be payable wilh any Installmenf payments to become due dudnp ellher (q the term of any epplfcabl� ____—_—
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