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/ � � ' ! � rn �' m y n o —�1 Q ^ T D Z X 3 � � Z "'� Nt�'1 n 2 v m �^ � -�f � Q�'-�r c� ,� O p � a� W � � c'D O�■ � r�i � � 2=s mrn O� � p � r�- D o� � � C• � � a uwi� 2000U0354 w �.�.. � `n � ��. � v � ��" Recording Requested by & 'VVhen fiecorded Retum To: NEBRASKA 66200108341680998 us Recordings, inc. DEED OF TRUST 00485//V�N01 222 E Little Canada Rd Ste 125 �r St. Paul, Mn 55117 �-�i'� ;��'G�;�R S , .: , : �� _ .... �r l3ARY N BWALL09P f3ARY 9P. BiiALLON, HSTT7f L. 81PALL09i, HIIBHAND AND WIFB *AKA GARY SWALLOW HBTTY L BNALLOIi �'.. :: ..<�:;. �..: �. :::� � . �i/�4R44A�. ::�:',:: .;�.,,...;.:, .i �' '.'`i`';,�i;i?;:::iii::::�.:, . . ... . .':f.�M��.:i��,�i . .. . .. ... . .. 309 ABHTON AVB E ciRAND IBLAND, N8 688017853 'E�I�.i�k >'; . .... .'>''•��13�JC�1TkiMI�il.' ;r::::. ,. ;'Y�t7G!...::�r<:::;:.;;:>'<';::: .::.: �1'I'�IE'1E'E1dNli�?. >;> 485-50-0358 TRU$TEE: II.B. BANR NATI�IAL A880CIATI011 / /��/ � FAR60, ND 58103 � � �� ,� n consi ration o t e oan or ot er cr tt acco tion ereina er spea an any ure a ances or ure igations,as ine erem,w i may hereinafter be advanced or incurred and the trust hereinafter mernioned and other good and valuable consideration,the receipt and sufficiency of which aze hereby acknowledged, Grantor hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and assigns to Trustee, his suxessors and assigns,IN TRUST WITH POWER OF SALE for the benefit and security of Q,s. BANR NATIO�TAL A880CIATIO(V ND ("Lender"), the benefl ary under t s o rust,under and sub�ect to the temis an conditions herein set forth,with right of e►rtry and possession all of Grantor's preserrt and future estate,right,tiile and irrterest in and to the real property described in Schedule A which is attached to this Deed of Trust and incorporated herein by this reference,together with all present and future improvemeMs and fixtures;all tangible personal property including without limitation all machinery, equipment, building materials, and goods of every nature (exduding consumer goods) now or hereafter located on or used in connection with ihe real property,whether or not affixed to the land; privileges, hereditaments, and appurtenances including all developmerrt rights associated with the Property, whether previously or subsequently transferred to the Property from other real property or now or hereafter susceptible of transfer from this Property to other real property;leases,licenses and other agreements;rents,issues and profits;water,well,ditch,reservoir and mineral rights and stocks pertaining to the real property(cumulatNely"Property");to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successors and assigns,until payment in full of all Obligations secured hereby. Moreover,in further consideration,Grarrtor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrarrt,covenant,and agree with Lender and Trustee and their successors and assigns as follows: 1. OBLIGATIONS. This Deed of Trust shall secure the payment and performance of all present and future indebtedness, Ilabilities, obligations and covenants of Borrower or Grantor(cumulatively"Obligations")to Lender pursuant to: (a)this Deed of Trust and the following promissory notes and other agreements: <::;:>::>::>:>::>: » ' .: .>::>::::>::::>::::>:<:»<::::><:::;:>::::> s:::::>:'<::::;:;:::>:::::::::::>:> ;.;......::::..»;:.;:.>;;:;;;;;>;;>;;>:;;;;;<:.>;;;;;;:..,...:...:><%::;:<;<::>:::>:::>:>::>:<::":::s::: ;::<.;;:.;>:<.>:..:::.1�"��l!I�,.:t�!OUN�`t..:...............:....:::::::::::::::::::::.::;:;;:...,:..:.. <:::>::::>::::>:::::>:::::::>i>::::>::>:<:>:>::::>::::>s::IJO'JYM::;:;:::.;:.>;;>:<.;;;;; ,;::>; ,.,.......::,;;;;;;;,:.;;;;;;;::;;<.. ;::;;:;,;;,:<�Glh'f1�#'1�!<.;»:.>;;;;;;;;;,;;;;»::.;;::««.>:.>:................«.;:.;.;.;;:.>;;;;::.:::::: ��. ; . ;::>'�R I'f E�AINT >:: ' >::::. . �M�:�1'� .: <;::::::�A1'f . ;:'.;:;:::::::<.;;.. >: 50,000.00 12/13/99 12/13/29 66200108341680998 (b)all other presen or ure,w en agreemen s w en r t a re er spe y to t is o rus w e er execu or e same or dliferent purposss than the foragoing); (c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed of Trust; (d) finure advances,whether obligatory or optional,to the same exterrt as if made contemporaneously with the execution of this Deed of Trust,made or 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 until payment in full of all debt due under the Ilne noiwithstanding the fact that f�om time to time(twt before termination of the line)no balance may be outstanding. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured principal future advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amourrt: $ so neo_nn This provision shall not constitute an obligation upon or commitmerrt of Lender to make additional advances or loans to Grantor;and (e)all amendmerrts,extensfons,renewals,modifications,replacemerrts or substitutions to any of the foregoing. As used in lhis Paragraph 1,the terms Grantor and Borrower shall indude and also mean any Grantor or Borrower if more than one. 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that: (a) Grantor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security imerests,encumbrances and clalms 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 Gramor agrees to pay and perform in a timely manner; (b) Grantor is in compliance in all respects wfth all applicable federal,state and local laws and regulations,including,without limitation,those relating to "Hazardous Materials,"as defined herein, and other environmental matters(the"Environmental Laws"),and neither the federal govemment nor any other govemmental or quasi govemmental entity has filed a lien on the Property,nor are there any govemmental,judiaal or administrative actions with respect to environmerrtal matters pending,or to the best of the Grantor's knowledge,threatened,which involve the Property. Neither Grantor nor,to the best of Grantor's Iv�owledge,any other party has used,generated, released,discharged, stored,or disposed of any Hazardous Materials as defined herein,in connection with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not corrmt or permit such actions to be taken in the future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any govemmental authority including,but not limited to,(i)petroleum;(ii)fiable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances, 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 Clean Water Aci or any amendments or replacements to these statutes; (v)those substances, materials or wastes defined as a "hazardous waste" pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendmerrts or replacemerrts to that statute; and (vi) those substances, materials or wastes defined as a "hazardous substance" pursuant to Seclion 101 of the Comprehensive Environmental Response, '� Compensation and Liability Act, or any amendmerns or replacemerns to that statute or any other similar state or federal statute, rule, regulation or ordinance nbw or hereafter in effect. Grarrtor shall not lease or pemxt the sublease of the Property to a tenarrt or subtenant whose operations may result in corriamination of the Property with Hazardous Materials or toxic substances;