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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 <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 />M <br />n <br />n <br />(1 <br />S <br />CZ) <br />O -1 <br />D <br />fV <br />M 0 <br />� <br />M <br />m <br />CD <br />►—► <br />o <br />o <br />o <br />nmrn <br />o <br />M <br />r <br />© <br />r n <br />rV <br />N <br />0 <br />x <br />o <br />co <br />Cn <br />v1 <br />-� <br />00 <br />Co <br />Cn <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 />