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Loan No: 10T244292
<br />DEE Con�t nued) � 0 �� 0 6 2 9 6 Page 3
<br />reasonebty necessary to protect and preserve the Property.
<br />DUE ON SALE - CONSENT BY LENDER. Lender mey, at Lender's option, declare immediately due and peyeble all aums
<br />secured by this Deed of Trust upon the sele 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 conveyance of Real Property or any
<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 sale contract, lend contract, contract for deed, leasehold interest with e
<br />term greater than three (3) years, lease-option contract, or by sale, assignment, or transfer of any beneficial interest in
<br />or to eny land trust holding title to the Reel Property, or by any other method of conveyance of an interest in the Real
<br />Property. If any Trustor is a corporation, partnership or limited Ilability company, transfer elso includes any chenge in
<br />ownership of more then twenty-five percent (2b%) of the voting stock, partnerahip interests or limited liability company
<br />interests, es the case may be, of such Trustor. However, thls option shall not be exercised by Lender if such exercise
<br />is prohibited by federal law or by Nebreska law.
<br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are part of this Deed of
<br />Trust:
<br />Payment. Trustor shall pay when due (and in all events prior to delinquency) all taxes, special taxes, assassments,
<br />charges (including water and sewer), fines and impositions levied against or on account of the Property, and shall
<br />pay when due atl 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 having priority over or equal to the interest of Lender under this Deed of
<br />Trust, except for the lien of taxes and assessments not due end except as otherwise provided in this Deed of
<br />Trust.
<br />Right to Contest. Trustor mey withhold payment of eny tax, assessment, or claim in connection with a good faith
<br />d(spute over the obligetion to pey, so long as Lender's interest in the Property is not jeoperdized. If a lien erises or
<br />is filed as a result of nonpayment, Trustor shall within fifteen 11 b) deys efter the lien erises or, if a lien is filed,
<br />within fifteen (16) days after Trustor has notfce of the fiflng, secure the discharge of the lien, or if requested by
<br />Lender, deposit with Lender cash or a sufficient corporate suraty bond or other security satfstactory to Lender in an
<br />emount sufficient to discharge the lien plus any costs and attorneys' fees, or other charges that could accrue es a
<br />result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself end Lender and shell satisfy
<br />eny adverse judgment before enforcement against the Property. Trustor shall name Lender as an edditional obligee
<br />under any 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
<br />or assessments and shali authorize the appropriete governmental official to deliver to Lender at any time a written
<br />statement of the texes and assessments against the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) deys before any work is commenced, any
<br />services are furnished, or any materials are supplied to the Property, if any mechanic's lien, meterialmen's lien, or
<br />other lien could be asserted on account of the work, services, or matertals. Trustor will upon request of Lender
<br />furnish to Lender edvance assurences setisfectory to Lender that Trustor can and will pey the cost of such
<br />improvements.
<br />PROPERTY DAMA(3E INSURANCE. The following provisions relating to insuring the Property are a part of this Deed of
<br />Trust.
<br />Maintenance of Insurence. Trustor shall procure and maintein policies of fire insurance with stendard extended
<br />coverege endorsements on a fair value basis for the full insurable value covering ell Improvements on the Real
<br />Property in an emount sufficient to avoid application of any coinsurance clause, and with a stenderd mortgagee
<br />clause in favor of Lender. Trustor shall also procure and maintein comprehensive general Bability insurance in such
<br />coverege amounts as Lender may request with Trustee and Lender being named as edditional insureds in such
<br />liability insurance policies. Additionally, Trustor shall meintein such other insurence, 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, coverages end basis reasonably acceptable to Lender and issued by a company or companies
<br />reasonably accepteble to Lender. Trustor, upon request of Lender, will deliver to Lender from time to time the
<br />policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be
<br />cancelled or diminished without at least ten (10) days prior written notice to Lender. Each insurance policy elso
<br />shell include en endorsement providing that coverage in favor of Lender will not be impaired in any wey by eny ect,
<br />omission or default of Trustor or any other person. Should the Real Property be located in an area designated by
<br />the Director of the Federal Emergency Manegement Agency as e special flood hazard area, Trustor egrees to obtain
<br />and maintein Federal Flood Insurence, if eveileble, for the full unpaid principal balance of the loan and any prior
<br />liens on the property securing the loen, up to the meximum policy limits set under the National Flood Insurance
<br />Program, or as otherwlse required by Lender, end to maintain such insurance for the term of the loen.
<br />Appllcation of Proceeds. Trustor shall promptly notify Lender of any loss or damege to the Property. Lender may
<br />make proof of loss if Trustor fails to do so within fifteen (15) days of the casualty. Whether or not Lender's
<br />security is impaired, Lender may, at Lender's election, receive and retein the proceeds of eny insurance and apply
<br />the proceeds to the reduction of the Indebtedness, payment of any lien affecting the Property, or the restoration
<br />and repair of the Property. If Lender elects to apply the proceeds to restoration and repair, Trustor shall repair or
<br />replace the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shell, upon
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