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<br /> NEBRASKA 66200100021210001
<br /> DEED OF TRUST 00483//NII,R25 ���
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<br /> CHgtIE R. TR11CY CHERZE R TR11CY, 6INGLS PER80N
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<br /> TRUSTEE: Q,6. g11NR N7►TIONAL A880CI1\TION
<br /> 1�ARf30, ND 58103
<br /> n consi rat on o 1 e oan or ot er cre accommo tion erema er speG e an any ure a ances or uture gat ons,as ine erein,w ic
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentfoned and other good and valuable consideration,the receipt and sufficlency of which
<br /> are hereby aclv�owledged, Grantor hereby itrevocably warrants, bargains, sells, transfers, grarns, conveys and assigns to Trustee, his suc;cessors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of II.s. BANK NATIOiVAL 11880CIATIOLJ ND
<br /> ("Lender"), the
<br /> ne aary un r t s ee o rust,un r an su �ect to t e terms an con ttions erein set ort ,wit g t of entry and possession a o Grantor's presern
<br /> and future estate,rigM,title and interest in and to the real property described in Schedule A which is attached to this Deed of Trust and incorporated herein
<br /> by this reference,together with all present and future improvements and fixtures;all tangible personal property including wfthout limitation all machinery,
<br /> equipment, building mate�ials, 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 including all development rights associated with the Property,
<br /> whether previously or subsequently transferred to the Property f�om other real property or now or hereafter susceptible of transfer from ihis Property to other
<br /> real property;leases,licenses and other agreements;renis,issues and proftts;water,well,ditch,reservoir and mineral rights and stocks pertalning to the real
<br /> prope►iy(cumulatively"Property");to have and to hold the Property and the rigMs hereby granted for the use and benefit of Lender, his successors and
<br /> assigns,urnil paymern 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,and
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBLIGATIONS. Thfs Deed of Trust shall secure the payment and performance of all present and future indebtedness, Habflities, obligations and
<br /> covenants of BoROwer or Grantor(cumulatively"Obiigations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the following promfssory notes and other agreeme�ts:
<br /> PRIhiCIP;A►,�IM�pUN�f i+1�Cl�: #IA"i�i�i'� : I.vAN :
<br /> �rRERI�GIMR:' . . : :... .I�C�£tfi�M��#�:t1ATfc::: ItA'f� i N#i1�8�.R.:: ,,;
<br /> 48,504.00 05/15/98 05/28/18 66200100021210001
<br /> (b)all other presen or u ure,wn en agreemen s wi en r t a re er spec i y o s ee o rus w s er execu or a sams or diffarent
<br /> purposes than the foregoing);
<br /> (c) any guararrty of obligations of other partfes 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 cordemporaneously with the execution of this Deed of Trust,made 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 thfs Deed of Trust shall continue
<br /> urrtil payment in full of all debt due under the line norivithstanding the fact that from time to time(but before terrrdnation of the line)no balance may 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 future
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ aa soa_nn
<br /> This provision shall not constitute an obligation upon or commitment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendmems,extensions,renewals,modifications,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the temis Grantor and BoROwer shall include and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANT3. Grantor represents,warrants and covenants to Lender ihat:
<br /> (a) Grantor has fee simple r�rketable title to the Property and shall maintain the Property free of all liens,security(nterests,encumbrances and claims
<br /> except for this Deed of Trust and those described in Schedule 8,which is attached to this Deed of Trust and incorporated herein by reference,which
<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 local laws and regulations,including,without Iir�dtation,those relating to
<br /> "Hazardous Materials,"as deflned herein, and other environmental matters(ihe "Environmerrial Laws"),and neither the federal government nor any
<br /> other govemmental or quasi govemmental entity has filed a lien on the Property,nor are there any governmental,judicial or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grantor's knowledge,threatened,which involve the Property. Neither Grantor nor,to the
<br /> best of Grantor's knowledge,any other party has used, generated, released,discharged, stored,or disposed of any Hazardous Materials as defined
<br /> herein,in connection with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not commit or pemm�itt such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, matertal, or waste which is or becomes regulated by any
<br /> govemmental authority including,but not Ifmited to,(i)petroleum;(ii)friable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substance"pursuant to Section 311 of the Clean Water Act or Ifsted pursuant to Section 307 of the
<br /> Clean Water Act or any amendments or replacements to these statutes;(v)those substances, materials or wastes defined as a "hazardous waste"
<br /> pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendrnerns or replacements to that statute; and (vi) those
<br /> substances, mate�ials or wastes defined as a "hazardous substance" pursuant to Sectfon 101 of the ComprehensNe Environmental Response,
<br /> Compensation and Liabil'ny Act, or any arnendments or replacements to that statute or any other similar state or federal statute, rule, regulat(on or
<br /> ordinance now or hereafter in effect. Grantor shall not lease or pemiit the sublease of the Property to a tenant or subtenant whose operations may
<br /> resuR in corrtamination of the Property with Hazardous Materials or toxic substances;
<br />
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