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<br /> � ` ; - DEED OF TF�UST . 9$°��t��y� a P�ge 3 . 5�; ;
<br /> ` .� os-tt-ts�8 (Co�inue� � ' � a . < . , •
<br /> L,o�n�4o SZ136 � �
<br /> � - � �
<br /> � law or Dy NeEraska law. � <
<br /> : � + TA%ES AND UENS.The fillowin9 Provtslons relelin9 4o the mxe9 and Uens on the Pecparty ara a D�at ihL4 Ueed ot 7ast _ . .:�• _\
<br /> ` paymetit Trusfir shell Pa�l�n Gue(�r►d in e�evem9 p[tor to Qe11t14u8n�YI eU tIDCes.sPedai tmces,ass�smer�8.chatge9 pnch+ding w�er ` -
<br /> ' end sewer?.fi►�es end(mpostriorts levted sgatnst ar on eeaourrt of ths Prapmty,end st�aD paY�en due a!I etsirro tor work done on or tor ``('
<br /> ' l servioe9 rendered or materlai ftunished to the Property. Trusror�all malrt�ain tha Pmparty trse at all Qere having pdortry over or equal to the
<br /> '• t intffiest oi Lender under Vils Deed af 7rust exmAt tor the fien ot t�es and a��s nat due and e�coePt es athervASe Provided in UUs Deed . . .c,o ,
<br /> ! of Trust . .
<br /> �a}�y tax,a�mertt,or daim in eonnecCon wlth a B�d fa1Th d�P�ovar the obOgatton ;, i_
<br /> ` { Rt�t Yo Catrtesf. 7tustCf►naY withfiold PaY� ; . � .
<br /> ' �f to paY.w tong es Lentle�'s Irtarest In the ProP�Y 1s not jeoPer�zed. M a Ilen�Tn�sO�r ha�.a notica ot ttte fiGr�g,sewre the dischar$e o!�o .�_,
<br /> y _} f�en(15y days efter the Ilen etlses or.ft a Uen Is filed,withln fifteen(t�days 6ond o►other seu►rtt11 s�stacD°rY t0 Lender in an _ .
<br /> Gen,a N reQuesLad by Lender,dePosit wiU�Lendet cesh or e sutftdent oorporats surety ��
<br /> , — . -2 emount suffiderri to drsrfiarBe the Qen pius anY oo�s or ofher�ti�ai cauid earsua es u[�ot etocednstue or sas und�tt�9 Den. In _ - --
<br /> - - any oot�st.Tn�or shell detend'dseft and Lender and shaD sadstY an11 ad�erse jttdg�rK beTare eMoreemerrt agetnst U�e Pmpmty. Tnistor ; , -�
<br /> . , shem neme landes av an addRlonal obUgee under any surety►bond tumtshed in tho oorrcesi prooaedings. c`� .
<br /> �� Evidanee ot aaymettt Tnistar shaD upon demand turNsh to Lender smisfatxory evtdenee ot paymet►t of U�e taxes or a�m��end shan � . .
<br /> sta
<br /> , mithoAze the eDDroa�ate governmerrt�ofRdat flo de�ver m Lender at anl113me a mrtmn sta�r�errt of the teae9 and asses�ne�egatnst tbe
<br /> . i Roperty • �':
<br /> ' ; NatlCe a1 Con9b'i[etlon. Trustor shall no��y��hentc'8 lie�n,nmamAatrneNS C n.o�oV�er Ren�d be a�sserted onacCOUrri of the�work. �� - ':.�.
<br /> - • � mamAt�b aTe Suppl`sd to the PropeYiy.' , ..� -. .
<br /> .; services.or materiaL9- Trustor will upon request o!Lender turNsh tn Lender advance assurac�es satlstecrory to Lender thffi Trustor ean and wiU � ,
<br /> � <.� ��,_•• , �-
<br /> y pay tRe cost ot such improverriema i *
<br /> I PAOPFRTV OAMAGE iNSURAHCE.The toltowing provisions celaling w insudng the Property are a part af thb Deed of Ttust. . c,�
<br /> � �ylalyd�naf�cs of Insuranae. Trusmr shall procure and mairttain poL'des of fire insuren�with star�dard exDanded ooverecle endorsertrerrts on e —
<br />.. • r�Iaoemerri 6a�(s tor the fuU insurabte value covedng all Irr�rovemecns on the Reat Pmperty in an aunount sufltderrt to avold ePpiica�Cn of etry , -
<br /> { • aoinsurenCe rJsuse.end w(Th a atandard mortgagee clausa in favo�r o�n��d Ler nder 6e ni g named e9 8ddrttot181 ht�ure���in�Gab�ihl 4 ��:°_
<br /> . . .� fiabi6tY Insuranrs in such coveraSe emourrts as Lender maY re�W ': : ` �T��t._
<br /> , � insurance Do6des. Addirionaly�Trustor ahdl msirrtain sucfi other Insuranoa.indu�ng hut rtot tlm�ed fa h�ard�fn��Uon.and j,4 ;
<br /> � boQer fnsuran�.aa Lend+ar may reasonably�aqufre. PoAci�ahaD���nder. 7rusooruupa�ce4u�t o l8nder, deflver�o t.�ender from .,r t��-
<br /> � Iander end issued by a camPanY or comPaNes reasonabN e�P� �=•--
<br /> ~ _ thae to 1Gne the poliaes or ceitiHceLes o!insuranoe In tarm sa�stactory to Lender�induding stlpai�ons that oovetages v�nat be eanooRed or
<br />,t • �rNnishad��ittwut at teast ten(t0)dayg prlor wrRten notioe to Lender.�Each�i onsuranceda�aIIuit�of Trustor or any aU�er er�Stwutd ihe Reel �1�,
<br /> - wiU not be i atred in arry waY�y acry sto �-'�':�,
<br /> c o v e r a g e i n f a v o r o 1 L e n d e r � M a n a g e m a M q g e n c y as a s pecfel Eaod .� �r:;:�;:;f
<br /> pmpeAy at arry tlrtte baeatne loc�ed in an area desi9nem d b Y t ri e O i r e c m r o 1 t h e F e d e r a i E rt i e r g e r w Y � `-°�:
<br /> h az a r d a[e a T r u s t or s c y�e s tn obiain end maictteln Federel Flood tnsurence tor the ffiD unPeid pdndPal6ffiartse o!tha foan.up 8�tqe rt�wm .. . '�1 ,
<br /> • ' �fe t�o�set under the Nationel FTuod Insurance R'ogiam.or es otherxrise requ tr e d b 1►L en d e r.a n d t o m a ir�min�eh insuranoe tor tl�e�rtn of a�; .-
<br /> . AppIIeation ot Proceed� T�unto�shaU promptill no�f► Lender of anY loss or d a m a B e ro t h e P ro p e r ry q t h e e s t�d o o s t a 1�e Aab or . ��_�..___';
<br /> replacemera exceeds S1.a00.0o. Lender maY make Draof of ross ft Trusmr faUs to do so wfthin fifteen(�SJ days o!the ea�ueily►• Whsther or not ::,. �:
<br /> LenQer's secuYityl is i�aired�Lender maY.at its efectlon.recetve and reteln the proceeds of atry insurance and ePAN�e pcoeeed9 Uo t�e .ir �,;. ,;
<br /> � y rR of arry Uen aftectlrtg the Properry.or the rasmrmlon and repetr of tho PropeAy. N LBniiBr etsds to ePPN it;�"F .
<br /> reductlon o1 tha indebtedness,Payme asm �,�� =
<br /> . . the procasds to resroradon an0 repaU�Trusror ahaU r�paU or reptace the dartia3ed or destrayed ir►�rovemerts In a manner satl9factorY in �.
<br /> ' lender. Lender shaU,upon eedsfacrory praof ot 3uch e�end'i0ue.paY or retrnbmse Trus�or trom the prooeeda for the wasonaD'0 cast of reDah' , . t.w, :
<br /> ��on tl Trusmr is not In defauR undet this Deed of Trust. MY P��B�'��ch have not baen disbursed wkhin 180 daye 84ter S�eU ;..4(,�
<br /> ,-, . receipt and whtc�Lender has not eomnUtted to the rap a t r or�t o r a n o n o t t A S P r o P O n f l shail be used fust to PaN e�Y e�unt owing to Lender �Y<-
<br /> • � under th(s Oeed o1 Trust.then to pay accrued irrterest.and the rematnder,q ang.sha�Ee epplied tu tt�e Pn�dAN batance of the Indebtedness• ; ;.
<br /> . ;; H LenCer hotds any prooeeds after paymern In iull of the Indsbtedness,such proceeds shaU be paid tn T�us�or es Trustors IrRerasm n'�aY .. `, t
<br /> _;��•�
<br /> ' eDPear• covered b this . `° .
<br /> ��t�����t Sale, qny unexp'aed insurance shaU inure to the benefrt of,and pass to�the purcheser ot the Fropergl Y ;:.• r��:;_,_
<br /> Oeed of Ynist ei enY 1n+stee's sele or other sale hetd under the provlsions ot thia Desd of 7ras4 or at anyr foreclosute sete ot sueh Proparty. „�;; ,
<br /> Tn�storo Reyort oo Insuranee. Upon request o1 lsnder,however not more than onoe a ye�,Tnistor shaU tumish to Lenud18�a��rnrt o�Q, � •-.�:•��'
<br /> exiffi!ng policy ot Insurance showing: (a)the name of the Insurer, (b)the rlsica insured: (c)the arnouM cf the pollcy. (Q) .
<br /> the then qirrerrt replacement value ot such properyh a�d the manner of QetertniNng Utat value;and (e)the e�UaUon Qate of the po�s,y.
<br /> Trustor shak upon request o1 Lender,hava an independerd appreiser eatlsfacto�yl to Lender detem�lne Ute cash velue repiscemerrt aost of Ute .
<br /> - ProDenll• :: ; ..
<br /> � f�Ett�i7URFS BY IT�NDER. If Trustor fails to oomDly wiih enY Pmvlsion ot thb Oeed o!lYust.or 8 any eedon or proeeedin9ls oormienos�that , --
<br /> � wauid matertetly ettect Lendera irrteresb In the Property,Lender on Trustors behaft may,but shatl not be required to,teke arry actlon thffi Lender . . '
<br /> daertp appropAate. Arry artwurri that lender expends in so Qoing uwl bear ItRerest at the rate provided for In the Note imcn 1he date�nwrrea ar peid _ :
<br /> -'' by Lender to ttie date of repaymem by Trustor. M such e�enaes.��enQer's option,will (a)be payeble on demand, (b)be added m the balanoe • ";1
<br /> �;.;,; . � . ot the I�mte and be appoNoned among and be PaYabte wit�e"Y�nate�mem paymerrts to beoome d�e durin9 efUior (�the mrm o1 any epPiteabte
<br /> insurance pottcy or (i�the remaining tertn of the Note,or (o)be Veated as a belEaon paymerd whtch vNl de due and payabfe at the Not�e mmurity. �
<br /> remedies to whmic�h Lender may be entitl�ed on accouM of the QelaulL Arry auch acrlonTby L,endpsr�all not be co ittsbued as curi 9����t° . •
<br /> �� bar Lender irom any remedy that ft atherMse woutd have had. - • .
<br /> � ..i YlARRANiY:GEFE�uE OF TRLE The foilowing provlsions retating to ownerahip of the Propertyr ere e paA ot this Deed of Truet . •, , ,
<br /> � Tltlo. Truator wanents thaC (a)Tn�sWr hotd9 gaod end maAtetabie Utle of record w the Prape►ty in fee slmpte,hee and ctear of aU Itene and
<br /> . ' • � encumbrances other then those set toAh in the Reel Properiy descxipUon or in any Utto insurance po8�.y,tltie report,or tinal Utle apiNon issued in . . .
<br /> � favor ot,end aocepted by,Lender tn oonnectlon with this Oeed of Trust,and (b)T�ustor ha9 the tutl rlgM.power,and authorfry to execute end
<br /> • detiver this Deed ot Trust to Lender. nst the .
<br /> � � patenae of 41tie. Sub�ect to ths eucepUon in the paragraph above,Trustor werrarns end vuill farever defend the UGe to tAe Properiy agai
<br /> � lawlul ctalms of all Persons• In the event any actlon or proceeding Is oortunenCed that quesl�yns Trustors tfUe or th n irrter p�1�Ta atee�Oi • .
<br /> • Lender under this Deed of Trust,Trustor shall defend lhe aeUon at Truators expense. Trustor ma bethe nominel perry 9� , .
<br /> Lender ahall be entilled to partiapate in the proceeding and to be represerned In the proceeCing by counsef of Lender's own Chotce.end
<br /> Trustor wiil detiver,or ceuse to be deiivered,to Londer such insUUmenb es Lender may request from Ume to Ume to permit auch paNcipatlon. ,
<br /> j �OmpUanep With Iswa Trustor wanants thal the Property and Trustora use of the Property comPUes w0h etl exlsting appdCebte taws.
<br /> • � ordinances.end regulatlons ot govemmerrtal authonUes. . � .
<br /> � CONDEMNATION. The tollowmg provlslons reiatlng to condemnation proceedings ere a part of this Oeed ot Tnist. .
<br /> � • ' . Appitcatlon of Na�t Procecd9. It ell or any pen o1 the Propeny Is conaemnod by eminent domeln praceedings or by any proceeding or '
<br /> purchase In Ileu of condemnaUon,Lendor may at iis eleCllon require that all or any pordon of the net proceeds of the awatd be epplled to the
<br /> Indebtedness or the repalr or restoraUon of the Property. The net prooeeda ot the mntard sha0 maan the award aiter peyment ot ail reasonable �
<br /> � cosis,oxpenses,and attorneys tees incurced by Trustee or Lender in wnnecllon wilh the condemnaUon.
<br /> � procoadings. 11 any proceeding in wndemnallon is filed,Trustor shall promptty notHy Lender in writing,and Trustor shalt prompUyr t�ske such .
<br /> P oco
<br /> steps es may ba necessery to detend the acdon and obtaln the award. Trustor may be the nominal party In such praceeding,but Lender ahall
<br /> be entiUed to parUCipate in the proceoding and to be represented in the proceeding by counsel 01 tts own choiCe,and Trustor vrill detiver or
<br /> ceuse to be detivered w Lender such InsUUments as may be requested by It hom time to vme to pertnit such paNClpallon. ,
<br /> IMPOSfTtON OF TAXES.fEES At�1D CHAR(iES BY GOVERNMENTAL AUfHORITIES. The tollovAng provlslons retming to govornmental taxes, f:
<br /> • faes and charga9 are a prut ot this Oeed o1 Tnist: f
<br /> CurtoM Taxoa,Fces and Chargas. Upon request by lender,Trustor shall execute such documents�n addiUon to thls Deed of Trust and take f
<br /> whatever othar action is reques[ad by Lender to pertect end oonUnue LendaYs Uon on ihe Heal Property. Trustor shatl relmburse lsnder tor atl
<br /> tnxas, es described below,together with all expenses incurred In recording, pertecUng or conUnutrtg ihis Oeed �t 7rust.Inctuding wilhout }
<br /> . tinwat3ass�:i taxes,teea.dou�rt+eMmY sttunP9•8nd othei charqes for recording or registering this Deed of TrusL i .
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