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<br />Loan No: 101245669
<br />DEED OF TRUST
<br />(Continued)
<br />2 011 f1'� � `� �.
<br />Page 3
<br />interests in the Property are not jeopardized. Lender may require Trustor to post adequete security or a surety
<br />bond, reasonably satisfactory to Lender, to protect Lender's interest.
<br />Duty to Protect. Trustor agrees neither to abendon or leave unattended the Property. Trustor shall do all other
<br />acts, in addition to those acts set forth above fn this section, which from the cheracter and use of the Property are
<br />reasonably necessery to protect and preserve the Property.
<br />Constructlon Loan. If some or all of the proceeds of the loan creating the Indebtedness are to be used to construct
<br />or complete construction of any Improvements on the Property, the Improvements shall be completed no later than
<br />the maturiry date of the Note (or such earlfer date as Lender may reasonably establish) and Trustor shall pay in full
<br />all costs and expenses in connection with the work. Lender will disburse loan proceeds under such terms and
<br />conditions as Lender may deem reasonably necessery to insure that the interest created by this Deed of Trust shall
<br />have priority over all possible liens, including those of material suppliers and workmen. Lender may require, among
<br />other things, that disbursement requests be supported by receipted bilis, expense effidevits, waivers of liens,
<br />construction progress reports, and such other documentation as Lender may reasonably request.
<br />DUE ON SALE - CONSENT BY LENDER. Lender may, et Lender's option, declare immediately due and 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 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, instaltment sale contrect, land contract, contract for deed, leasehold interest with a
<br />term greater than three (3) years, lease-option contract, or by sale, assignmant, or transfer 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 an interest in the Real
<br />Property. However, thls option shall not be exerclsed by Lender if such exercise is prohibited by federal law or by
<br />Nebraska law.
<br />TAXES AND LIENS. The following provisions relating to the texes 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 texes, assessments,
<br />charges (lncluding water and sewerl, fines and impositions levied against or on account of the Property, and shall
<br />pay when due ell claims for work done on or for services rendered or material furnished to the Property. Trustor
<br />shell maintain the Property free of aIl liens having priority over or equal to the interest of Lender under this Deed of
<br />Trust, except for the lien of taxes and essessments not due and except as otherwise provided In this Deed of
<br />• Trust.
<br />Right to Corrtest. Trustor may withhold payment of any tax, assessment, or claim in connection wlth a good faith
<br />dispute over the obligation to pay, so long as Lender's interest in the Property is not jeopardized. If e lien arises or
<br />is filed as a result of nonpayment, Trustor shall within fifteen (15) days after the lien erises or, if a lien is filed,
<br />within fifteen (15) days after Trustor has notice of the filing, secure the discharge of the lien, or if requested by
<br />Lender, deposit with Lender cash or a sufficient corporete surety bond or other security satisfactory to Lender in an
<br />amount sufficient to discharge the lien plus any costs and attorneys' fees, or other charges that could accrue as a
<br />result of a foreclosure or sele under the lien. In any contest, Trustor shali defend itself end Lender and shall satisfy
<br />any adverse judgment before enforcement egalnst the Property. Trustor shell name Lender as an additional obligee
<br />under any surety bond furnished in the contest proceedings.
<br />Evldence of Payment. Trustor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes
<br />or assessments end shall authorize the appropriate governmental official to deliver to Lender at any time e written
<br />statement of the taxes and essessments against the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) days before any work Is commenced, any
<br />services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or
<br />other Ilen could be asserted on account of the work, services, or materials. Trustor will upon request of Lender
<br />furnish to Lender edvance assurences satisfectory to Lender that Trustor can and will pay the cost of such
<br />improvements.
<br />PROPERTY DAMAGE INSURANCE. The following provisions releting to insuring the Property are a part of this Deed of
<br />Trust.
<br />, Melntenance of Insurance. Trustor shall procure and maintain policies of fire insurence with standard extended
<br />coverege endorsements on a fair value basis for the full insurebte value covering all Improvements on the Real
<br />Property in an amount sufficient to avoid applicetion of any coinsurance clause, and with a standard mortgagee
<br />clause in fevor of Lender. Trustor shall also procure end meintain comprehensive general liability insurence in such
<br />coverage amounts as Lender may request with Trustee and Lender being named as additlonal insureds in such
<br />liebility insurance policies. Additionally, Trustor shell maintain such other insurence, including but not limited to
<br />hazard, business interruption, and boiler insurance, es Lender may reasonably require. Policies shall be written in
<br />form, amounts, coverages and basis reasonably acceptable to Lender and issued by a company or companies
<br />reasonably acceptable to Lender. Trustor, upon request ot 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 also
<br />shall include en endorsement providing that coverage in favor of Lender will not be impeired in any way by any act,
<br />omission or default of Trustor or any other person. Should the Real Property be located in an erea designated by
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