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<br /> i
<br /> 10-09-1998 D@ED ��TRUST ry Pe�e 2
<br /> � Loan No 804294 (Co�inued) 78"'i('j��6
<br /> _�--- - ` Note. The worQ "NOtC"�Itla�ls iiM iiitto u'62Bu i'n�3`uai' !�t:°...'n�!!Z�°v "�+"�in/�a� 8iitirUtiq tlt���.�hom Tr�ta i4Wi�dnt� --
<br /> '� topether with alt�enowats,extensiona,modlflcaUonu,reflnancinpe,end Gubattlutlons for tho IVoto.Ths mnturlty duto of thls Oood of Trdslb April
<br /> . '=. 1 t,t9B9.
<br /> Peraonel P�opOrty. The words'PSraonel Ptoperty'mean ail eQuiPment,ti�ctures,and other nrtictes of personsi propody now ar huaaAer
<br /> owned by Truslor.and nqw or hereafter attached ar atfl�csd to the Roa�PropaAy:topether wAh atl aCCesslons,pnrte,and additi�ons to,elt
<br /> , replacements of, end all subsdtutions tor, any o}such property;und togother with eil prcceods (Includlnp wilhout IlmitnUon�1 Nwrarce
<br /> procesds artd retunds of premiums)hom any s41e or other c9lsposltlon of the Properly.
<br /> • Properly.Tha word"Property'means colteotivety the Rexi PropaAY and the Parsonat Proporty. �
<br /> "'�' Re�i p�ppQirry,The words'fieal Properly'mean the property�Interosta and deht8 described ebove In the"COnveyance end C3rnnC secbn. _
<br /> -' .;:��'��� Rel�ted Ooeuntente. The words'fielated Oooumenb'mean and inciuda wllhout timitatlon all promfssory notes, credit agreerne�b, �oan `
<br /> ,._..� ��L ; aqreements,emrtronmentai ayeciments,guaranties,soaurUy apreemonts,mortaages,deeds of trust,nnd all othet instrumenb,ngreama�ls end __
<br /> 7►e ,•
<br /> documenb,whether�ow or hereafter exisQng,exeauted in aonneeQon with tho Indebtednass. r� �
<br /> • Renta. The word'Rents°means atl presont and future rent5,revenues,Incoma,issues,royatUes,prolt�,end other benefits dorMSd toe�9ie R'v
<br /> . ProPe�tY• _:
<br />_ � � 7RUtae.The word°Prustee"means UPltiEO NEBRASItA BANK and any r.ubaUtute or suocessor hustees. =-� - -
<br /> Trustot.The word"Trust¢�'means any and all persons and ontitles execudng this Deed of Trust,including wlthout Iimitatlon aU Tmstannamed
<br /> �._
<br /> � ebove. -
<br /> ` THIS OEEID OF TRUST� INCLUflING TF�A3SIGNMENT OF RENYS AND TFIE SECURI?Y INTEREST IN 7ME RENTS AND P�ASONAL _--
<br /> PROPERTI/�IS 41YEN TO SECURB (1)PAYMENT Of Tt�INDFSTEDMESS AND (�►PERFORNANCB OF ANY AND ALL OBLItiA�qN�OF 4
<br /> � TpUSTpR UNDER THE NOfE,THE RELATE7D OOCUHIENTB,AND THIS OLED OF TRUBT. TH13 OEED QF tRU8T�S tiiVEN AND AC�EPTED _
<br /> ON TF�FOLLOWtNG TERMS:
<br /> .�� otTnis�lhey beeome dMe,end shell�stricriy and nia tlm�elydmpnnehperfo m al�of Trusto 6�obtiga ptbr stunderthOallot9,ihfs Oeed of Tt�st,ndlt� �--°
<br /> � �. Reiated bocuments.
<br /> " PaS3&4SION ANO MAINTENANCE OF TNL PAOPERTY. Trusta agrses thAt Trustot'8 possession and use of the Property shffiI be govened by
<br /> . , � the fotlowing provislons:
<br /> Posseaslon and Use. UMiI the ocaurrence ot an Event ot OeAauit,Trustor may (s)remein in possesslon and controi of the Property,(b3 usa.
<br /> operate a manage ihs PropertY.and (o)colWct any Rents from the PropeAy.
<br /> �!� •i c
<br /> Outy to 111atnteln. T►ustor shall msintain the Ptoperty fn te�anfabte tondfdon and prompdy petform aU repeira,reptacemenb.and rtaaNieneroe
<br />- +�. necesgery to preserve ib value. -
<br /> MvdrQouB Substanees. The tertns"hazArdous weste��187Hrd0U8 SUbSte�IC9�"'dispasai�"'YP•188.49�8od 1hfASte116d(8188S0"OS iJSOd E!1 UIIS
<br /> ' beed W Tn�st,shaU have the same maanings as set torth in the Comprehensive Emrtronmental Response,CompensaUon,and Li�bOy�1Ct o!
<br /> - � • 1980.as amended,42 U.S.C.Sectlon 9601,et seq.("CERCLA'�,the SuperNnd Amendments and Resutho�tion Act oi 1988,PuA L.No.
<br /> ''.� �� �� . 99-499 P�'�.the Ha�ardous Matetials TransPte�state or Federel laws,�rules�or reguiatio�rts�fldop d pur��ant serva an��R�y Tha
<br /> _ . , d°l2.S.C.SsCtlon 69Qt,at�aq.,or other applicab
<br />- " • �� tem�s'Tezardous waste"and'hamrdous substanrs'shall also tndude,without Iimitanon,peuoteum and peUoieum oy-produa�"s�t ard�—s�� ' `°
<br /> ?�r lh0root and asbestos. Trustor represents and wartar�ts to Lsnder that (a)During the perfod ot Trustor's ow�ership ot the Propertl/,Uane has
<br />�t:. _ � beon�o usa,generaUon,manutacture.starage,troabr�snt,dL�posat,release or ihreatened releese ot any herardous waste or substa�i bY�Y � _
<br />- ""=�',-'*'` p�sqn on,.under,about or from the Prop�rty; (b)Tnutor hes no knowled8e ot,or reason to betfe�re tbat there has been,except 4s pm��ousiy
<br /> ��� ' dis�ldsed to and adcnowledged by Lender in wriflng, pl amr use.peneratlon,manufacture.starege.treatmeM,disposni.retease,ar ltroa'.taeed
<br />-�f��',��•: `;': teie�ge ot any hatardous vreste or substanae on,unde�,about or irom tha Properly by any pdor owners ar occupnnts ot the Prope�lY a i�i)iury
<br />;_�.},.;��,,,,�•�r� , aetuat or Mreatened,lfdgaqon or defms of any kind by any person relaHng to sueh matters:and (o)Exeept ss previousty dk�a�d to 1nd
<br />- acknowledged by lender In w�iHng. (i)r�atther Tn�stor nor any tenant,contractor,aqerit w olher authorized user�t fhe P�'opertll�7 use.
<br />-'�.;+�un �. gonerate,manufacture,stare,hea�d�spase ot,or re►ease�rtY ha�ardcus waste or aubstance on,undet,about or fron'�fhe Propedy and(�q ury
<br /> �;.d:�� �.,,.;:� Suoh.adtvity shatl bs eonducted in cqmpllanoe with a(I BpStikflbte tederal.state,end toCel law5,�gtdndans and ardinanaes.indu�iro MstUaut
<br /> '' � -• Umftatlon those Iaws,regu►atlons,and�ordinances desaibed above. t�ustor authorKes Lender and iPs egents fo enter upon the AopEirNto
<br /> ry�;�"�' ` make such I�pecSons and tests,at Truators e�ense,as Lender may deem epPropriate to determine eompfianc�ot 1Ae PreOerl�+Ath Ws
<br /> ..�•F�.
<br /> :�i��s;.�a -; � secUon ot the Oeed of Tnut. Any InspecUOSS or tests mado by Lender shail be for lender's purposes onty and shau not be construBOb cra�e
<br />�=��?"--� any responsibNity or IfabAily on the part of Lender to Tnutor ar to any other person. 7he represer�tions and wamardlos conteined hrednare
<br /> -"�''"`��� � besed on Trustols dtte dUigence i�investlpatlng the P►operiy ta hazardous waste and hazardous substances. 7rustor hproby (a)rBNasstnd
<br /> --c,-.��.:ar��
<br /> �_�,..�,:��� Weiveg eny ryAure t�alms against Lender for IndemnUy or contributlon In the event Tn�stor becomes Ilabte tor cleanup or other costs any
<br /> �:�,i��� suoh laws.and (b)aprees to Indemnify and hotd harmless Lender ag���►y and ati ctaims.toss�,Ilabllides. dameges,perales.and
<br /> �:�����;A- - �g�y; � {„��s�,;, ss�,; c�Cyy x 3palr�ct(y�u�tr;�n er s��ffar raauHina from a breach of tAis seelion ot the Oeed o!TZSIO� as a -- -
<br />_ .,, , y, consequence of ar►y use.8ene*allon,manulacture.storage,disposal.retease or threateTred refe�s.�of a harardous waste or Suosfarce on li�
<br /> '��;._.,� properties. The proulstons ot Mis secUOn ot the Deed of Tnut, inaluding the obUgaBon to indemnHy,shalt suMve the peymad of the
<br />'��a�s Indebtedness and the saUSfactlon and reconveyanoe ot the Men ot this Deed of Tnist and shan not be aHected by Lenders acqu�i0ai cteny
<br /> � .��. . Inte�st In tha PiropeM,whether by toredosure or othervrfse.
<br />_::.:1.;�.5`.,.:,,.
<br />;��,:.�.�. .�� p��e�W�ste. Tnistor shall not cause,conduct or permft any nulsence nor commit,permfl,or suHer eny stdPO�^p of or waste�na tolhe
<br />�.�--- dgP htto�remmre.any dmber,minerepis(ind dinp oll�and gas)esotlR9ravei ar�roelc prodaucfs wit outWthe p o wdtten�cons�ent ot Lender.���1�
<br />��'�""'�`"`� Removd of tmprovemente. Tnrstor shelt no!demoUSh or remove amr Improvemer�ts hom the Reat Prope�ty without the prFor whtteacoesent
<br /> ti+���r;,'�: .
<br /> ot Lender. Aa a eondiHon to the reinovat of arry improvements.l.ender may require Tnistor to make errangemeets saUsiactory to leR o
<br /> • �`�1�'``'*r• replece such Improveme+ds wfth Improvements ot at taast eQual value.
<br />�."� '' Lender'8 Ripht to F.rdar. Lender and its ageMS and representaNves may enter upon the Reat Praperiy at all reasonabie tlmes toette�to —
<br /> ves
<br />- Lenders Irtterests and to inspect the Property tor purposes of TrustoPs compilance wlth the terms and eonditlons ot this Deed at Tn�s►.
<br /> .. a- Compllmce wlth t�ovemmeMei RequTremer►ta. Trustor shelt prompUy compty wtth alt taws.ordinances,and reputationa.now or Na�eatler in
<br /> '. �, ettect,of all govemmentet authadUes epplk;ebie to the use o�occupanay oi the ProPerty.tnctuding vyt oiR , Y�,'the Amadams Wttr ---
<br /> � OI�blGyes pq, Yntstpr n�ay coMest in good falth any such Iaw.otdinanca,ar reguladon and wHhhotl�/ audn9 eeY p�9.
<br /> • •f: indud�np epproPdate ePPeats.So tong as Trustor has noUfied lertder in wriHng priar to dol�so and so long as.In lender's sakopldon, -.-
<br /> - ' Lertders Interesb in ihe Properly ero not jeopardtsed• Lender may requhe Tniatar to post adequate security or e surety bond.,raascnabty ___
<br /> . '•w;F� saUsfaclory to Lender.to protect Lend��s i�erest. `
<br />_ `;I:;y,� _--
<br /> Outy to Proteet.Trustor aprees neHher to aEandon nor leave unattended ihe ProperiY. Trustor shan da all other ects,in additlon t�E�oseacts
<br /> i set forth above in this secUon,which hnm the eharaeter end use ot the Property er�reasonably eece�ary to protect a.+td preserve Mee PrQy�y►-
<br /> c p�pp g�-�pNSENT BY LENDER. Lender may,a!Ita qption,deciere immediately due and payable ell sums so�.rcod by this Q�ot Tntst iv
<br />_- i upon the 6s�e or tra�ster.without the Lenders prior wdtten consent.of"eQ or any part ot the Resl Properly,or any interest in the R¢ai Piapaely. A �_�
<br /> " '�� ' 'S818 or transteP means the Conveyance of Real P►operly Ot eny righ8,tit!s or Interest therein;whether leget,benefldai or equitable;whattaervo3wdary E�a.
<br /> _ or invoWntary;whether by outright sate,desd,instaUmertt seYa conNad,-Fftn4 contract,contract tor deed,l8asehold iMerest with e term �tiertha� ���
<br /> -------=`--------- .. _. .-- •---- __.�__ _ . _ . .,.w..�ee ���•.-•••••�o �tra�et anv banaflda�interest in or to 8nY fand trust holding tita G�11t�eHesl �`=c'
<br /> � �mea to/l�a.�oaao--rr.�........»�,...�. _,--•___.P..._. ., _ . _-_
<br /> Propody,or by any other method of comreYanoe of R�J Pro7serry Interest. If any Trustor Is a eo�poratVon,pe�tnership or Itrt�teO aaD�tyco�peny,
<br />- c�ompany n�'tere3ts,asthe casegineY be,of Thnutar. Howe��.thB opHo sh�e1t�not�be%Te�arrdsed b�der�it suche�exer�c�i.se�habNadby ledara
<br /> taw or by Nebraske taw.
<br /> TAXHS AND LIEN3. TRe toltowing prov(stons reta8ng to the taxes artd lieris on the Properfy sre a paA o!tNs Oead of Trust.
<br /> Pay�nent. Trustor shau pay whsn dua(and In all events pdor to delinquency)all�es,spedal tazes,assessments,chang�(M�iu0n9 rat�r
<br /> ' and sewer),8nes and imposiUons tevfed ugeinst or on account of the Propetty,and sBali pay when due aIi datms for wodc donBOrs a fu
<br /> servtoes rendered or mateHai tumtshed to the Property. Trustor sheN mainffitn the Property tre9 ot all itens Aaving prforHy over or equaf to the
<br /> - Intarest ot lender under this Oeed W Tn�st,except tor the Uan oi taxos and assessmants not due and except c�s otherwise provtds� NIA�sOesd
<br /> � of Ttust.
<br /> t Rlght To Contest. Tntstor mey wilhhoid payment ot any tex,assesseneM�ar ctelm in conneellon wUh a good feith dispute over ttieob2ipdfon
<br />
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