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DEED OF TRUST
<br />Loan No: 101 �46947, .,;, (Continued) 2 0110 8 7 7 7 Page 3
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<br />secured by this Deed of Trust upon the sele or transfer, without Lender's prior written consent, of all or any pert of the
<br />Real Property, or any interest in the Real Property. A"sele 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, land contrect, contrect for deed, leasehold interest with a
<br />term greater than three (3) years, lease-option contract, or by sale, assignment, 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 en interest in the Reai
<br />Property. However, this option shall not be exercised by Lender if such exercise is prohibited by federal law or by
<br />Nebreska law.
<br />TAXES AND LIENS. The following prov(aions relating to the taxes end Ilens on the Property are part of this Deed of
<br />Trust:
<br />Paymant. T�ustor ahall pey when due (and in all events prior to delinquency) all taxes, special texes, essessments,
<br />charges (including water and sewer), fines and impositions levied against or on account of the Property, end shall
<br />pey when due all claims for work done on or for services rendered or material furnished to the Property. Trustor
<br />shall meintain 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 and except as otherwise provfded in this Deed of
<br />Trust.
<br />Right to Corrtest. Trustor may withhold peyment of eny tex, assessment, or claim in connection with 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 a result of nonpayment, Trustor shall within fifteen (15) days after the lien erises or, if a Ifen fa 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 corporate surety bond or other security satisfactory to Lender in an
<br />emount sufficfent to discharge the lien plus any costs and attorneys' fees, or other charges thet could eccrue as a
<br />result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself and Lender and shall satisfy
<br />any adverse judgment before enforcement against the Property. Trustor shell name Lender as an additional obligee
<br />under eny surety bond furnished in the contest proceedings.
<br />Evidence of Payment. Trustor shall upon demand furnish to Lender setisfactory evidence of payment of the taxes
<br />or assessments and shall authorize the appropriate governmental officfal to deliver to Lender at any time a written
<br />stetement of the taxes and assessments against the Property.
<br />Notice of Construction. Trustor shall notify Lender at least fifteen (7 6) 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 Ifen, or
<br />other lien could be esserted on eccount of the work, services, or materials. Trustor will upon request of Lender
<br />furnish to Lender advance essurances satisfectory to Lender that Trustor can end will pay the cost of such
<br />improvements.
<br />PROPERTY DAMA(3E INSURANCE. The following provisions relating to insuring the Property are e part of this Deed of
<br />Trust.
<br />Maintenance of Insurance. Trustor shall procure and maintain policies of fire insurance with standerd extended
<br />coverege endorsements on a fair value besis for the full insureble value covering all Improvements on the Real
<br />Property in en amount sufficient to avoid epplication of any coinsurance clause, and with e standard mortgagee
<br />clause in fevor of Lender. Trustor shall also procure end maintain comprehensive general IiabiUty insurance in such
<br />coverage amounts as Lender may request with Trustee end Lender being nemed as additional insureds in such
<br />liability insurance policies. Additionally, Trustor shall maintain 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, coverages and basis reasonably acceptable to Lender and issued by a compeny or compenies
<br />reasonably acceptable 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 stipuletions that coverages wlll not be
<br />cencelled or dfminished without at least ten (10) days prior written notice to Lender. Each insurance policy also
<br />shall include an endorsement providing that coverage in favor of Lender will not be impaired in eny way by any ect,
<br />omission or default of Trustor or eny other person. Should the Real Property be located in an area designeted by
<br />the Director of the Federal Emergency Management Agency as a special flood hazerd erea, Trustor agrees to obtain
<br />and maintain Federal Flood Insurance, if available, for the full unpeid principal belance of the loan and any prior
<br />liens on the property securing the loan, up to the maximum policy limits set under the National Flood Insurence
<br />Program, or as otherwise �equired by Lender, and to maintain such insurence for the term of the loan.
<br />Application of Proceeds. Trustor shall promptly notify Lender of any loss or damage to the Property. Lender may
<br />make proof of loss if Trustor fails to do so within fifteen (15) days of the casuelty. Whether or not Lender's
<br />security is impeired, Lender may, et Lender's election, receive and retein the proceeds of any insurance and apply
<br />the proceeds to the reduction of the Indebtedness, payment of any lien affecting the Property, or the restoretion
<br />and repair of the Property. If lender elects to apply the proceeds to restoration end repair, Trustor shell repair or
<br />replace the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shall, upon
<br />satisfactory proof of such expenditure, pay or reimburse Trustor from the proceeds for the reasonable cost of
<br />repair or restoration if Trustor is not in default under this Deed of Trust. Any proceeds which have not been
<br />disbursed within 180 days after their receipt and which Lender has not committed to the repair or restoration of
<br />the Property shall be used first to pay any emount owing to Lender under this Deed of Trust, then to pay accrued
<br />interest, and the remeinder, if any, shall be applied to the principal balance of the Indebtedness. If Lender holds
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