� `'� � � �' � " ' � DEED OF TRUST � p 1 � 0 618,�'°
<br />Loan No: 101244205 (Continued) Page 3
<br />Removal of Improvements. Trustor shall not demolish or remove any Improvements from the Rea� Property without
<br />Lender's prior written consent. As e condition to the removal of any Improvements, Lender may require Trustor to
<br />make arrangements satisfactory to Lender to replace such Improvements with Improvements of at least equal
<br />value.
<br />Lender's Right to Enter. Lender and Lender's agents end representatives mey enter upon the Real Properry at ell
<br />reasonable times to attend to Lender's interests and to inspect the Real Property for purposes of Trustor's
<br />compliance with the terms and conditions of this Deed of Trust.
<br />Compllance with Governmental Requirements. Trustor shall promptly comply with all laws, ordinences, end
<br />reguletions, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the
<br />Property, including without limitation, the Americans �th Disebilities Act. Trustor may contest in good faith any
<br />such law, ordinance, or regulation and withhold complience during any proceeding, including appropriate appeals,
<br />so long as Trustor has notified Lender in writing prior to doing so and so long as, in Lender's sole opinion, Lender's
<br />interests in the Property are not jeopardized. Lender may requlre Trustor to post adequate security or e su�ety
<br />bond, reasonably satisfactory to Lender, to protect Lender's interest.
<br />Duty to Protect. Trustor agrees nelther to abandon or leave unattended the Property. Trustor shall do all other
<br />acts, in addition to those ects set forth above in this section, which from the character and use of the Property ere
<br />reasonably necessary to protect and preserve the Property.
<br />DUE ON SALE - COINSENT BY LENDER. Lender may, et Lender's optian, declare immediately due end payable all sums
<br />secured by this Deed of Trust upon the sale or transfer, without Lender's prior written consent, of all or any part of the
<br />Real Property, or any interest in the Real Property. A"sale or transfer" means the conveyence of Real Property or eny
<br />right, title or interest in the Real Property; whether legal, beneficial or equitable; whether voluntary or involuntary;
<br />whether by outright sale, deed, installment sele contract, land contract, contract for deed, leasehoid interest with a
<br />term greater than three (3) years, lease-option contract, or by sale, sssignment, or trensfer of any beneficial interest in
<br />or to any land trust holding title to the Real Property, or by any other method of conveyance of en interest in the Real
<br />Property. However, this option shall not be exercised by Lender if such exercise is prohibited by federel law or by
<br />Nebraska law.
<br />TAXES AND LIENS. The following provlsions relating to the taxes and liens on the Praperty are part of this Deed of
<br />Trust:
<br />Paymerrt. Trustor shall pay when due (and In all events prior to delinquency) ali tazes, special taxes, essessments,
<br />charges (including water and sewer), fines and impositions levied egainst or on account of the Property, and shall
<br />pay when due all claims for work done on or for services rendered or material furnished to the Property. Trustor
<br />shall maintain the Property free of all liens heving prioriry over or equal to the interest of Lender under this Deed of
<br />Trust, except for the lien of taxes and assessments not due and except es otherwise provided in this Deed of
<br />Trust.
<br />Rfeht to Contest. Trustor may withhold payment of any tax, assessment, or claim in connection wlth e good faith
<br />dispute over the obligation to pay, so long as Lender's interest in the Property is not jeopardized. If a lien arisea or
<br />is filed as e result of nonpayment, Trustor shall within fifteen (15) deys after the lien arises or, if a lien is filed,
<br />within fifteen (15) days efter Trustor has notice of the filing, secure the discherge of the lien, or If requested by
<br />Lender, deposit with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender in an
<br />amount sufficient to discharge the lien plus eny costs and ettorneys' fees, or other charges that could accrue as a
<br />result of a foreclosure or sele under the lien. In any contest, Trustor shell defend itself end Lender and ahell satisfy
<br />any adverse judgment before enforcement egainst the Property. Trustor shell name Lender as en additional obligee
<br />under any surety bond furnished in the contest proceedings.
<br />Evidence of Paymerrt. Trustor shell upon demand furnish to Lender satisfactory evldence of payment of the texes
<br />or assessments and shell euthorize the eppropriete governmental official to deliver to Lender at any time e written
<br />statement of the taxes and assessments ageinst the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (1 b) days before any work is commenced, any
<br />services are furnished, or eny materlals are supplied to the Property, if any mechanic's lien, materialmen's lien, or
<br />other lien could be asserted on account of the work, services, or materials. Trustor will upon request of Lender
<br />furnish to Lender advence assurances setisfactory to Lender that Trustor can and will pay the cost of such
<br />improvements.
<br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a pert of this Deed of
<br />Trust.
<br />Mafntenance of Insurance. Trustor shall procure and maintein policies of fire insurance with standerd extended
<br />coverage endorsements on a fair value basis for the full insurable value covering all Improvements on the Real
<br />Property in an amount sufficient to avoid application of any coinsurance clause, end with a standard mortgagee
<br />clause in favor of Lender. Trustor shall also procure end meintain comprehensive general liability insurance in such
<br />coverage amounts as Lender may request with Trustee and Lender being named as additional insureds in such
<br />liability insurance policies. Additionally, Trustor shall meintain such other insurance, including but not limited to
<br />hazard, business interruption, and boiler insurance, as Lender may reasonably require. Policies shall be written in
<br />form, amounts, covereges and basis reasonably acceptable to Lender and issued by a company or companies
<br />
|