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<br /> ST. Pqu�, [wN 55117 DEED OF TRUST 424/31/VJN01
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<br /> TONY R LOPSZ and TONY R LOPEZ, �
<br /> ALICIA T. LOPBZ, ' C
<br /> 8II88AND AND �PIFB
<br /> ALICIA T. LOP$Z '
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<br /> l3RAND ISLAND N8 6H8033612 GRAND ISLAND NE 688033612 j
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<br /> TRUSTEE: FIRBT HANK, x.a. �i1.�.BAN NATIONAL ASSOCIATION �.
<br /> 424 9P 3RD ST aRAND IBLAND NE 66801 ,
<br /> n cons ration o t e oan or ot er cr tt accommo tion ereina er speG ed an any ure a ances or ture igations,as e ine herein,�uTiricFi
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration,ihe receipt and sufficiency of��hich
<br /> are hereby acknowledged, Grantor hereby iRevocably warrants, bargains, sells, transfers, grarrts, conveys and assigns to Trustee, his successor:, and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of gIRBT BANK NATIONAL A680CIATION
<br /> �'� �1.&.BANK NATIONAL ASSOCIATION ("Lender";, the
<br /> bene�iciary under this Deed of Trust,under and sub�ect to the terms and conditions herein set forth,with right of entry and possession all of Grantor's pr:sent
<br /> and future estate,right,thle and interest in and to the real property described in Sched�le A which is attached to this Deed of Trusi and incorporated F erein
<br /> by this reference,together with all present and future improvemerrts and fixtures;all tangible personal property inciuding without limitation all mach r.ery,
<br /> equiprr�ent, building materials, and goods of every nature (excluding consumer goods) now or hereafter located on or used in connection with thE real
<br /> property,whether or not affixed to the land; privileges, hereditaments, and appurtenances induding all development rights associated with the Pro;x�rty,
<br /> whether previously or subsequentiy iransferred to the Property from other real property or now or hereafler susceptible of transfer from this Property to�ther
<br /> real property;leases,licenses and other agreements;rents,issues and profits;water,well,ditch,reservoir and mineral rigMs and stocks pertaining to th�:real
<br /> property(cumulatively"Property");to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successor: and
<br /> assigns,until payment in full of all Obligations secured hereby.
<br /> Moreover,in further consideration,Grantor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenant, 3nd
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the payment and performance of all present and future indebtedness, liabilities, obligations �nd
<br /> covenants of Borrower or Grantor(cumulatively"Obligations")to Lender,pursuant to:
<br /> (a)this Deed of Trust and the foliowing promissory notes and other agreemerrts:
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<br /> 19,490.13 03/09/98 03/20/13 4850020238
<br /> (b)all other present or ure,w en agreemerns w n er t at re er speci i y to is e o rust e er execu or e same or diffa ent
<br /> purposes than the foregoing);
<br /> (c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed of Trust;
<br /> (d) future advances,whether obligatory or optional,to the same extent as if made contemporaneausly with the execution of this Deed of Trust,mad�or
<br /> extended on behalf of Grantor or Borrower. Grantor agrees that if one of the Obligations is a line of credit,the lien of this Deed of Trust shall conti�ue
<br /> until payment in full of all debt due under the line notwithstanding ihe fact that from time to time(but before termination of the line)no balance ma� be
<br /> outstanding. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured principal fu ure
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ ,o aon.,�
<br /> This provision shall not constitute an obligation upon or corrxrutment of Lender to make additional advanws or loans to Grantor;and J
<br /> (e)all amendments,extensions,renewals,modificaiions,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the terms Grantor and Borrower shall indude and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenarns to Lender that:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security interests,encumbrances and claims
<br /> except for this Deed of Trust and those described in Schedule B,which is ariached to this Deed of Trust and incorporated herein by reference,wi;ich
<br /> Grantor agrees to pay and perform in a timely manner, _
<br /> (b) Grantor is in compliance in all respects with all applicable federal,state and loca!laws and regulations,including,without limitation,those relatin�to
<br /> "Hazardous Materials,"as defined herein, and other enVironmental matters(the"Environmental Laws"),and neither the federal govemment nor any
<br /> other govemmental or quasi govemmental entity has fited a lien on the Property,nor are there any govemmental,judicial or adminisirative actions�vith
<br /> respect to environmental mariers pending,or to the best di the Grantor's tcnowledge,ihreatened,which involve the Property. Neither Grantor nor,to the
<br /> best of Grantor's 4viowledge, any other party has used,�generated, released,discharged, stored,or disposed of any Hazardous Materials as defi ied
<br /> herein,in connectlon with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not conxnit or permit such acti�ns
<br /> to be taken in the future. The term "Hazardous Matetials" shall:mean any substance, mate�lal, or waste which'is or becomes regulated by �ny
<br /> govemmental authority including,but not limited to,(i)petroleum;(ii}friable ornonfriable asbestos;(iii)polychlorinated biphenyls;(iva those substances,
<br /> materials or wastes designated as a"hazardous substar�ce"pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the
<br /> Ciean Water Act or any amendments or replacements to these statutes; (y).those substances, materials or wastes defined as a"hazardous wa>te"
<br /> pursuarit to Section 1004 of the Resource Conservation and Recovery Act or any amendments or replacemeMs to that sfatute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmerdal Respor�se,
<br /> Compensation and Liability Act, or any amendmerrts or�epiacements to that statute or any other similar state or federaF siatute, rule, regulation or
<br /> ordinance now or hereafter in effect. Grantor shall not(ease or perrrpt the subiease of the Property to a tenant or subtenant whose operations inay
<br /> resuh in coMamination of the Property with Hazardous Materials or toxic substances;
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