|
. , ;�
<br /> ,� Md' ....., ,�. y-,NiN t�jF'nT^� - ��°,�''�'1lr7�{�:s.t..... . � ;�-.
<br /> - „ � . ��,(�Vl�rjJ;JI.�n�o_':i r 1n.AMa1�w.«....+�w�.: r ._... �.:"��-�....
<br /> �'�.-:
<br /> .} . —
<br /> y� °"� 12-3�—�99e DEED OF TRUST '�� (�8- i13042 P°� z �-`
<br /> `� Lo�n No 857698 (Co�inued) '�.,
<br /> �;x-
<br /> - •r � PK�orta1 Prop�rty. Tha wads'P�rson111 PropMy'rr�wn aR�quiprrNnl, Ilxluns, �nd o1Mr�rllclas uf personal property now a hxeaRer �?�:-
<br /> own�d bq Truslor, and now or hKSaftK�tl�ched or�Mz�d to Ihs Rsd Property; topelher wilh ull eccesslons, p��s,�nd add�Hom to, sil __
<br /> � np��arrMnt�of, and ��� substilullons for,any of such propai�/; �nd topalh�r with aH proceeds (Includirp wilhout Ifmit�tlon �N Insurance -^
<br />- proceede�nd relunds of�remlums)hom any sal�or o1M►r disposiHon ol ths Properfy
<br /> ., � propNty.TM word'Prop�rt�'m�ns cdlsctivsly tFw Rsal Propeiy and Ihe P�rsonal Proparty. °''"
<br /> Fieal P►oplrtY• Tho words'RAaI Property"mean the praperty,Interests ond riphts describad above In Ihe"Conveyance and Grenl"secllon• ��
<br /> RaUdW DocumMia. The words"Related OxumsMS"m�en and Irw9ude wilhout Iimilatlon all promissary notes, credit ngreemeNs,loan
<br /> ' �„„�p� �prserr»nh. enWronmantal�preemenls,9wrantl�s,e�curi►Y�9rNm�nle�^�aqa0�s�d°°ds of trust.and all olher instrumenls.�prMm�nts and
<br /> documsnb, whelher now a here�ltw sxisNnp,execuled In conn�cMon wilh th�IndWt�dn�ss.
<br /> • pNtt�, Tha wad'lianls"means�II prssent and futur�nnl5c,nvenuee,income,fasuss,roydtl�s,profits,and other beneHts de�iwd hom the
<br />_•r.� P���•
<br />,-�'" , °a { Truq«.TFw word"Trusleo'means UNITED NEBRASKA BANK and�ny subslitut�or successor husbes.
<br />_ � T�uqor.Th�word"Trusta'means any and all persons�nd enritlss�xacutirp thb Deed of Trust,Inclutliny withoul Nmltation all Trustoro ruimtd �
<br /> lbove.
<br />� •. . , � TH15 pEEp OF TRUST, INCLUOIN(i TFIE ASSIGNMENT OF RENTS AND TFIE SECURITY INTEREST IN THE RENTS AMD PER
<br /> pqppEqTY�IS GiIVEN TO SECURE (1)PAYIAENT OF TFIE�MDE�TEDNE8S AMD (�)PERFOFiMANCE OF ANY AND AI.L l�l-�GATIONS OF
<br /> " TqUSTpq �IIpER TFI� NOTE, THE RElATED DOCU111ENT8. AMD THIS DEEn OF TRl1�T. TFIIS DEED OF TRUS7, INq.UDINO TFIE
<br />" .. ASlIQNf�ENT OF RENTS AMD THE SECURITY INTEREST IN 'fFE RENTS AND PEFiSOMAI-PROP�RTY,IS AL.SO(�IVEM TO SECt�tE ANY
<br /> /Wp M1 OELIf3ATI0N3 OF TRUSTOR UNOER THAT CERTAIN CONSTRUCTION LOAlI A(iHEEMENT BETWEEN�TR��!���
<br />=:�j-, EVEN OATE HEREWITH. ANY EVENT OF DHFAI�T UNDER TFIE CONSTRUCTION LOAM AGREEMENT,
<br /> - DEED OF TFUST 14RE G VEN AND ACCEPTE ON FIE FdLLGWING TERMS:FAULT UNDER THlS DEEO OF TRUST. THE MOTE AMD TH18
<br /> � " of TrusE as 1���ecome due�nd�sha I estpriCt y a�d�in a Hmely madnner p am aN orf Trust�obl�9afior stunder Ihs Not�thfs Deeduof Tbtnt�d►he
<br /> Rel�lod Dxuments.
<br /> 1;:-.•, :�c
<br /> ppSSEgg10N AND MAIMTENANCE OF TFIE PROPEF7Y. Trustor sqra�s tfud Trustor's posssssion and use of tFw Prap�rlY sh�H b�powrn�d Y
<br /> � � ;,._^.' the lalowlny aovlsions:
<br />_ ,r ppWeaMon�nd Uss. Until ihe occurtence of an Even10l Da(�utt,Trustor rtwy (a)rorru�^��P�on and conhd ol lhe PropKtY� (b)use�
<br />- , oparate a m�na9e Ihe Property,and (c)coliecl any Rents tram fhe Property.
<br /> �^ Duty to MalntNn. Trustor shall malntain Ihe Property In tenan4ble condition and promptly perfam�1 rep�k a,rop l a c e m�nts��nd rtulnNnana
<br />-f' , neeessuy to preservs Its value.
<br />:i��' �. F1�sKdoua Subst�nces. The terms"hazardous waste;'ha=ardous substanee;"disposal,""rokaso;and lhrwtorwd rdease;as us�d In thk
<br /> • De�d afTrust,shall hpve che same mea�n.innfls o����ERCLI,"L thepS perfu dEAmsndmenls andpReauthorinHOn Act ofan986 P�L�.No.
<br /> -_..� ..'..`..�,; . _ �y�� Y3LL(INIIIW4�YG V.V.�i.w...�..�. ....���_ s�n� I� .
<br /> 3'•�;,;,-���-"•. gg_,�gg�g,�fiA'�,the Haierdous Materials Tnnsportnllon Act,49 U.S.C. S�ction 1801,�t s�q.,ttw n�sourc��o�rowv+Sicr�:�d!'.-^r�:�,!_
<br /> yu:.�r`•..•. � 42 U.S.C. S�CHon 6901,et se4.�or other apP�ble state or F�deral kvrS,rWas,a'repuladoru adopNd purswnt to�ny ol tM tonOdnC. 7hi
<br />-�:,°�-..;,.. ..
<br /> tarms"h�zardous wasta"tnd"h�zardous substance'shaN aiso Includ�,wNhout NmNatlon,petral�um�nd p�troNum by-producb or�nY fractlon
<br /> ,J,. Ih�rwl�nd ubestos. Trusta rspressnts and wamnls to L�nd�r thd: (a)Durinq itw pKlod of T�uslor's ownMShIP of tFN Prop�rly,IMn hu
<br />-�•"'��`•:^ i• be�n no use,peneation,menutecture,staafle,trsotmenl,disposal,rNeas�o�llxs�uned r�s�d�ny haardous wasls or substana by�nY
<br />��:�'F"'�`°'�'t!'�` person an,under,about a(rom lF►e Proparty; (b)Trusta has no knowladpe of,or rs�son to WNew that then luu be�n�ezaP�u aw�°�h'
<br />-`°'•;�:�'z� � disdos�d to tnd acknowledped by Lender In wdtinp, (q��Y��W�a��^��nufacture,stonps,treatment,dfspasal,releas�,or tfr�al�r»d
<br />�r,"�9.�,„�+;�� rebase of any ha7erdous wasta or substenoe on,under,�boul a hom ths Properiy by any p�ia ownws or occupa^ta of the a°pMY a (M)�ny
<br /> t-�:x�� • actual a thrw+te n e d��t�q aflon a clalms of any kind by�ny pKSOn relatlrq to such mdlKS;�nd (c) Exc�pl as pr�vkiusN dbdos�d to and
<br /> -� c.�_..�.:�.
<br />�:.w�-•-�
<br />�,, , ackr�owkdped by Lender In writinq, (i)neNher Trustor nor�ny ten�nt, contraclor,�q�nt or other wth a i x e d usK o f t h�Pr • ��
<br /> psnenM,rtynuhclun,sta�,treat,dispose of,or�eleas��ny haurdous woste or subsfance on,ur►d�r.about a kom ths ProporlY�nd (N)�^Y
<br />��F"±':.;�*..✓+1,•{.• such Kiivity shaN be conducted In compli�nce with all�pptic�bk federal,sfats,Rnd loal I�ws,r+0ulatlaa�nd adl^�^ces,indudlrq wNhou�
<br />�„L.;=..,t;:� Ilmftation those laws, requla8ons, and adlnances desalbed above. Truslor authorim�fe;�1����9�����t�P������
<br /> �I�°+�.1L,?;;�_ meke such InspeCtions and tesls, at Trustor's expense,�s Lende►mey deem epp op
<br /> _-y-;M�,_;.:,�i sectlonof the Deed of TrusL pny inspections or tesls rryde by Lander shal be for Lsnder's pwposss oNy and shaN nol be constru�d to crNM
<br /> � �"'°� any responslbility or Iia�bility on lhe part of Lender to Trustor or ta any otMr person. Tho rapras�n4dons�nd w�rcanHss eonfaln�d MrMn�n
<br /> s��._'_-t_=^'t..eer�..
<br /> '°"r-�'r,°� based on Truslor's due di4pence in investiyatinq the Property for hnrardous wnste and hazardous substances. Trustrx herebY (�)rNK'�s�
<br /> al�l.ua�:::j.x_
<br /> � wafyes�ny future clelms a9ainst Lender fo�Indemnity a conlrfbuNon in tM event Truslor becomes�iebb for cisanup a olMr cosb u a�Y
<br />�4`J,+;�;•�,., such uws,end (b) aqrees to Indemniry�nd hdd harmless Lender apolnst any rnd aU c4ims,bsses,IlabNiilss, d�maflss,MrrMl�s��nd
<br /> _ },.�
<br />��, expensK whfch Lender m8y directly or Indlrecl►y suslaln or Suff�r res��lllnp hom �breach of ihls siCHon of It�Deed Ot Trus or as a
<br />'�'�'�•� consequence ot any use,penerntion,manufacture,stor�pe,dhposl�l,rele�ss or lhrwtened rslease ol a hwrdous w�ste or substana o�th�
<br /> " � .. prope�fes. The provisions al this seclion of the �eed uf Trust,inciudinp the obNpation to indemnly, shaN aurvive tM payn�nl of t►w
<br /> �;"'y��� Indebtedness and the satisfaCtion and reconveyance of lhe Ibn of thk Da�d o}Trust�nd ShaM not be aMaciad by L�ndor's acqt�lsfdon d any
<br /> r:-`,yti �,; • Inleresl In lhe Property,whether by faeclosure or otherwise.
<br /> Nulwree,Waate. Trustor shall not cause,ConduCt or psrmB�ny nufsnnce nor commit,perm�:,or SuHer�ny 6hippirq of or w�s�e on or tO 1M
<br /> �Y� �H r' Propedy or eny portion ol the Property. Without Ilmltinp the peneriMry of ths toreqdnp,Trustor wiM not remove,or SNant to nny other party th�
<br /> --=�`,�-}� w right to remove,any limber,minera�s(Includinp ofl and pes),soN,9revel or rock praducls without the prior writlan conssnt of Lsnder.
<br />--^�w wNhoul llw prior w�fttan consent
<br /> Femav�l of Improvements. Trustor shall not demolish or remove nny Improvements hom the Rw!Property
<br />-'•�"•`� :�,.. . of Lender. As a condition to the removal of any Improvomen�s, Lender may requlre Trustor lo m�ke arranqoments utislactory to Lende�ro
<br /> reptaeesuch Improvements with Improvements of al least equal value.
<br /> Lender si neresis end to Inspec►lhe P operty fortpurposes of Tr�ust'a's compl enrre wRh the lerms'and Conditionsl ofethk Deed o�ust��end to
<br /> ' �' , Compll�nce with GovernmantM Requirements. Trustor shaN promplly eomply with eN IawsTrusta may�contes�t Inaqood(ath a Y�h I�W� a
<br /> t, eHsCt,of all pOVernmentel authorities epplbable to the use or OCOUpanCy of Ihe Pfopetty. _
<br /> ; ordlnence,or reflulatlon end withhdd compliance durinp any proceedlnfl,�ndudinp�ppropri+�e�PD���so lorq as Trustor has notiMd Londx __
<br /> in wriGny pdor to dolny so end so lony es,In LendePs sdo op�nion,Lendx's Interesls in the Proparry are not�eoperdiaMl. Lender may roQt�r� �_
<br />- • � Trusta to post adequate secudty or a surety bond,reasonably satisfactory lo Lendcr,lo protect Lender's intersst. -
<br /> _ : � Duty lo Protect. Trusta agrees neither to abandon na leave urwttended the Property. Trustor shaM do all ather ects,In additlon ta those ads
<br /> set falh above in thfs section,wh�h hom the charactsr end use ot lhe Property are reasonabty necessary to prot9cl and preserve 1M Property
<br /> .. I pUE ON SALE-CONSENwiB ut heO ender'snpriormw�ttenicon�sehnL ofe�oee y pert of Ihe Real PPop rly or any Interesl f�n bhetReal�Prope�lYr A -
<br /> upon the u�e a transler,
<br />` —.—� •wla ar treMfei"means the conveyance of Re81 Proper1Y or any riphl,t�lle or Interes�fh��tr ct for d�Ileasehdd I��est'wi h 9 e�m a�ae�►��
<br /> " T � a invdunlary;whether by owrign�sa�e,Oeeo.insiemnvm xA ���^���-•�-...-__.-_--•--
<br /> � Ihree(3)y�ears,Ioase-option conlrect,or by salo.essignment, er trensler of any bene5cial Inte�es� �n or to any land frusl holtling ntre io ine nea�
<br /> __ I Proptxty,a by any other melhod of convoyance of Roel ProRe�ty interest. II eny Trustor is e capora6on,parinership or Iimited liabflit/campany. i
<br /> � lrens!er also includes eny change in ownership of more Ihan twenty-five percent(25�)o�the vo��ng slock,pa+i�ersh�P�nterests or Ilmlted Febi�y
<br /> � company Nlere515,as the case may be,of Trustor. However, ihis option shall not be exercised by Lender B such exerCfse is prohfbiled hy�ede�d� �
<br /> I law or by Ne4raske�aw.
<br /> i TAXES AND LIENS. The following provislons relalinp to the taxes and liens on the Properly flre e Rg�ol thls Deed of Trusl.
<br /> _ � Peyment. 7rustor shall pay when due(and in e�l evenls prlor to ddinquency)ail taxes,speclal lexes,assessments,charpes(includiny weter
<br /> and sewer),fines end impositions levled egainst or on account of Ihe Pruperty,end shall pny when due ell cla�ms(a work done on or tcY
<br /> Interesl ot lender�undeethisADeed of Trust texcep Po he Ilen`ot t[uces and asisessmenls nol d e and Iexcepi es otherwise P�o�de"��t�v ',
<br /> ol TrusL �
<br /> Rl�hl Td COnfest. Truslor may wdhhold payment ol eny tex,assessment, or claim In Connection with e goad failh dispute over the ob��yeGon
<br /> t '
<br /> � _ -�.....�.. . , .. . ..,,_._
<br />
|