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<br /> When Recorded Return To� NEBRASKA 66200108315030001
<br /> US Recordings, or,c. DEED OF TRUST oo4s5//v,�rTos
<br /> 222 E Little Canada Rd Ste 125 �
<br /> St. Paul, Mn 55117 `r"'����'t� �.� �
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<br /> EILESN JIILIANN TtIORNTON R068R THORNT0�1, HSATHSR THORNTONi, FiIIBBAND AND WIPE
<br /> ROOSR THORNTON
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<br /> 1303 18T eT N 1303 91S8T 18T 6TR8BT
<br /> CiRAND IBLAND, NB 688033826 (3RAND IBLAND, NE 68801
<br /> 3E#.�fM1i�T�lp.�. ii ' , :IGC�I!1�IGl�x'YkiMl�il. i ii ' 7�E�kI0NEN0 ,;i i f �IC'IkEKJN�lO:
<br /> 005-06-8846
<br /> TAUSTEE: D.S. BANR NATIOfTAL A660CIATIOd�I N p_
<br /> lARfiO, ND 58103 4�J '—I�j j�t� S.�'
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<br /> n consi ration o t e oan or ot er cre it accormio ation ereina er speci an any ure a ances or uture igations,as in erein,w ic
<br /> may hereinafter be advanced or incuned and the trust hereinafter mentioned and other good and valuable consideration,the receipt and suffiaency of which
<br /> are hereby acknowledged, Grantor hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of II.S. HANR NATI�iAL A880CIATIIXI ND
<br /> ("Lender"), the
<br /> bene ciary under this Deed o rust,under and subject to the terms and conditions herein set forth,with right of entry and possession all of Grantor's present
<br /> and future estate,right,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 flxtures;all tangible personal property including without limitation all machinery,
<br /> equipmerrt, buiiding 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 including all development rights associated with the Property,
<br /> whether previously or subsequently transferred to the Property from other real property or now or hereafter susceptible of transfer from this Property to other
<br /> real property;leases,licenses and other agreements;rents,issues and profits;water,well,ditch,reservoir and mineral rights and stocks pertaining to the 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 suxessors 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,and
<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 pertorrrrdnce of all preserrt and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Grantor(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and ihe following promissory notes and other agreements:
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<br /> 59,419.70 12/09/99 12/15/19 66200108315030001
<br /> (b)all other present or ture,wrttten agreements wd en r t at re er speG y to t is ee o rust w e er execu or e sama or different
<br /> purpoaes 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 contemporaneously 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 this Deed of Trust shall continue
<br /> until payment in full of all debt due under the line notwithstanding the fact that from time to time(but before termination 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: $ so a,o_�n
<br /> This provision shall not constitute an obligation upon or corrnnitment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendments,extensions,renewals,modifications,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the terms Grantor and Borrower shall include and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security interesis,encumbrances and claims
<br /> except for this Deed of Trust and those described in Schedule B,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 compiiance in all respects with all applicable federal,state and local laws and regufations,including,without lirrritation,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmental matters(the "Environmental Laws"),and neither the federal govemment nor any
<br /> other governmental or quasi governmental 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 permit such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> govemmental authority including,but not limited to,(i)petroleum;(ii)friable or nonfiable 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 listed pursuant to Section 307 of the
<br /> Ciean Water Act or any amendments or replacements to these statutes; (v)those substances, materiais or wastes defined as a"hazardous waste"
<br /> pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmental Response,
<br /> Compensation and Liability Act, or any amendments or replacements to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance nbw or herea(ter in effect. Grantor shall not lease or pemit the sublease of the Property to a tenant or subtenant whose operations may
<br /> result in coMamination of the Property with Hazardous Materials or toxic substances;
<br />
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