204002098
<br />tt C/>V�
<br />iftcord" Requested by &
<br />When Recorded Return To:
<br />US Recordings, Inc.
<br />222 E Little Canada Rd Ste 125
<br />St. Paul, Mn 55117
<br />0 I iT L. imam
<br />ISIS VIRGINIA OR
<br />GRAND ImAND, NR $08035025
<br />507.98.8036
<br />NEBRASKA
<br />66200108838760998
<br />DEED OF TRUST 00483//CIIIB32
<br />7; aRIQiT I : J0 80N, DIM E JOHNSON, RQSBUD AND WXYZ
<br />TW.WM : u.s. a= NATIO1fAh. assmIATION
<br />Mao, ND $0103
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<br />In don of the loan or other arjff��imlna er Specified and any re advances or future aelganons, as acmes nemn, wnwn
<br />may hereinafter be advanced or Incurred and the trust hereinafter mentioned and other good and valuable consideration, the receipt and Sufficiency of which
<br />are hereby advbwledged, 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 V. s. aMM NATIONAL ASSOCIATION ND
<br />("Lander"), the
<br />beneficiary under this Died of Trust, under and subject to the terms and conditions herein set forth, with right of entry kiii-p—osassion all oTOrantars present
<br />and future estate, right, tithe 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 rsferve , together with all present and future improvements and fixtures; all tangible personal property including without limitation all machinery,
<br />equipment, buNdng 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 properly; leases, licenses and other agreements; rents, issues and profits; water, well, ditch, reservoir and mineral rights and stocks pertaining to the real
<br />property (ermrtiatively "Property-I; to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his suocessors and
<br />assigns, until payment In U of all Obligations secured hereby.
<br />Moreover, in further oorWdsrstlon, 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 performance of all present and future indebtedness, liabilities, obiigaftw and
<br />covenants of Sonower or Grantor (emulatively "ObIlgallonsl to Lender pursuant to:
<br />(a) this Deed of That and the following promissory rotes and other agreements: - -
<br />(b) sit other or s re o s o ti aarre or diffeeved
<br />parpoees fief if» fbrepolrhp);
<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 fi made contemporaneously with the execution of this Deed of Trust, made or
<br />extended on behalf of Grantor or Borrower. Grantor agrees that H one of the Obligations is a tine of credit, the lien of this Deed of Trust shall continue
<br />urd payment In full of al debt due under the line notwithstanding the fact that from time to time (but before termination of the tine) 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 fufure
<br />advances, not including sums advanced by Lender to protect the security of this Deed of Trust, exceed the following amount: S —17 -A _ an
<br />This provision shall not constitute an obligation upon or commitment of Lender to make additional advances or loans to Grantor; and
<br />(e) ell amendments, extensions, renewals, modifications, replacements or substitutions to any of the foregoing.
<br />As used In tie 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 interests, 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 apra 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 limitation. toss relating to
<br />"Fla wdous Materials: as defined herein, and other environmental matters ( the "Environmental Laws'), and neither the federal government nor any
<br />other govenmental or quesl govemnantal entity has filed alien on the Property, nor are there any governmental, O&W or administrative actions wigs
<br />rasped to envkonrrmial 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 ledge. any other party has used, generated, released, discharged, stored, or disposed of any Hazardous Materials erAbrhs
<br />herein. in connection with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not commit or
<br />to be taken in the future. The tern "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br />Inolm�"p but not limited to, (1) petroleum, (11) friable or nonfriable asbestos; (iii) polychlorinated biphenyls; Qv) those substances.
<br />materials w�edas a "hazardous substance" pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the
<br />Clean Water Act or any amendments or replaosments to these statutes; (v) those substances, materials or wastes defined as a "hazardous wasW
<br />pursuant to Section 1604 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute; and (A) those
<br />substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmenial Response.
<br />Compensation and Liability Act, or any amendments or replacements to that statute or any other sirrikar state or federal statute, ruts, regulation or
<br />ordnance now or hereafter in effed. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may
<br />result In contiv inatbn of the Property with Hazardous Materials or toxic substances;
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<br />tt C/>V�
<br />iftcord" Requested by &
<br />When Recorded Return To:
<br />US Recordings, Inc.
<br />222 E Little Canada Rd Ste 125
<br />St. Paul, Mn 55117
<br />0 I iT L. imam
<br />ISIS VIRGINIA OR
<br />GRAND ImAND, NR $08035025
<br />507.98.8036
<br />NEBRASKA
<br />66200108838760998
<br />DEED OF TRUST 00483//CIIIB32
<br />7; aRIQiT I : J0 80N, DIM E JOHNSON, RQSBUD AND WXYZ
<br />TW.WM : u.s. a= NATIO1fAh. assmIATION
<br />Mao, ND $0103
<br />r'+"s
<br />cfl .
<br />o..
<br />N
<br />maCIO)
<br />[Dy;.
<br />O
<br />W
<br />G)
<br />In don of the loan or other arjff��imlna er Specified and any re advances or future aelganons, as acmes nemn, wnwn
<br />may hereinafter be advanced or Incurred and the trust hereinafter mentioned and other good and valuable consideration, the receipt and Sufficiency of which
<br />are hereby advbwledged, 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 V. s. aMM NATIONAL ASSOCIATION ND
<br />("Lander"), the
<br />beneficiary under this Died of Trust, under and subject to the terms and conditions herein set forth, with right of entry kiii-p—osassion all oTOrantars present
<br />and future estate, right, tithe 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 rsferve , together with all present and future improvements and fixtures; all tangible personal property including without limitation all machinery,
<br />equipment, buNdng 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 properly; leases, licenses and other agreements; rents, issues and profits; water, well, ditch, reservoir and mineral rights and stocks pertaining to the real
<br />property (ermrtiatively "Property-I; to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his suocessors and
<br />assigns, until payment In U of all Obligations secured hereby.
<br />Moreover, in further oorWdsrstlon, 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 performance of all present and future indebtedness, liabilities, obiigaftw and
<br />covenants of Sonower or Grantor (emulatively "ObIlgallonsl to Lender pursuant to:
<br />(a) this Deed of That and the following promissory rotes and other agreements: - -
<br />(b) sit other or s re o s o ti aarre or diffeeved
<br />parpoees fief if» fbrepolrhp);
<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 fi made contemporaneously with the execution of this Deed of Trust, made or
<br />extended on behalf of Grantor or Borrower. Grantor agrees that H one of the Obligations is a tine of credit, the lien of this Deed of Trust shall continue
<br />urd payment In full of al debt due under the line notwithstanding the fact that from time to time (but before termination of the tine) 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 fufure
<br />advances, not including sums advanced by Lender to protect the security of this Deed of Trust, exceed the following amount: S —17 -A _ an
<br />This provision shall not constitute an obligation upon or commitment of Lender to make additional advances or loans to Grantor; and
<br />(e) ell amendments, extensions, renewals, modifications, replacements or substitutions to any of the foregoing.
<br />As used In tie 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 interests, 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 apra 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 limitation. toss relating to
<br />"Fla wdous Materials: as defined herein, and other environmental matters ( the "Environmental Laws'), and neither the federal government nor any
<br />other govenmental or quesl govemnantal entity has filed alien on the Property, nor are there any governmental, O&W or administrative actions wigs
<br />rasped to envkonrrmial 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 ledge. any other party has used, generated, released, discharged, stored, or disposed of any Hazardous Materials erAbrhs
<br />herein. in connection with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not commit or
<br />to be taken in the future. The tern "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br />Inolm�"p but not limited to, (1) petroleum, (11) friable or nonfriable asbestos; (iii) polychlorinated biphenyls; Qv) those substances.
<br />materials w�edas a "hazardous substance" pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the
<br />Clean Water Act or any amendments or replaosments to these statutes; (v) those substances, materials or wastes defined as a "hazardous wasW
<br />pursuant to Section 1604 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute; and (A) those
<br />substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmenial Response.
<br />Compensation and Liability Act, or any amendments or replacements to that statute or any other sirrikar state or federal statute, ruts, regulation or
<br />ordnance now or hereafter in effed. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may
<br />result In contiv inatbn of the Property with Hazardous Materials or toxic substances;
<br />
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