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2� 1 ��3�38
<br /> DEED �F TRUST
<br /> Lvan Nv: 'i�'!�9�D7� {�antinued} Page �
<br /> contained herein ar� relat�ve ther�to; thence S��°47'E on the aforesaid
<br /> East line a distan�e af 7�5.� feet to the AGTUAL PLA�E �F BEG�NNING;
<br /> thence cont�nuin� S��°47'E on the afare des�r�bed course a distance of
<br /> 4��.� feet; thenc� S8�°'I�'lllr a distance of 37�.� feet; thenc� ND�°47'11V
<br /> parallel with the aforesaid East line a distanGe of 4��.� feet; th�nce
<br /> N��°��'E a di�tance �f 37��� feet ta the p�ace of beginning. C�ntain�ng
<br /> 3.4� acres, mare �r le�s.
<br /> The Real Property ar its address is cammonly knvwn as 35�� 5 'I3�th I�d, �I�Javd Rirrer, NE
<br /> C8883.
<br /> FUTURE ADVANCES. ln addi�ion to the Nate,this �eed o�Trust secures all�uture ad�ances made by Lender�❑Trustor
<br /> whether ❑r not the ad�ances are made pursuant t� a commi�m�nt. Specifically, w�thvut limi�a�ion, �h�s ❑eed o�Trus�
<br /> secures, in addi�ion to the amoun#s spe�ified in the Nv�e, al� �uture amounts L�nder in i�s discretivn may lvan ta
<br /> Trus�or,�ogether with all interest th�reon.
<br /> Trustor presen�ly assigns t❑ Lender {a�sa knvwn as Sen�ficiary in �his Deed ❑f Trus�� al1 0� Trustor's right, �i�le, and
<br /> interesfi in and tv ali present and fu�ure �eases of the Property and all �ents �rom the Property. 1n additifln, Trusfior
<br /> grants ta Lender a Uniform C�mmercial Cade security interest in the Pe�-svnal Prope�fiy and Rents.
<br /> TH15 �EE❑ �F TRUST, �NGLU�3lNG THE A551GNh1iENT �F RENTS AND THE SECURITY iNTEREST IN THE RENTS AND
<br /> PERS�NAL PR4PERTY, 15 G1VEN TD SE�URE tA} PAYMENT DF THE 1NDEBTEDNESS AND {B� PERFDRMANCE DF
<br /> ANY AND ALL �SL�GATIaNS IJNI]ER THE N�TE, THE RELATED D�GUMENTS, AND TH1S DEED �F TRUST. TH15
<br /> ❑EED�F TRUST 15 GIVEN AND ACCEPTED DN THE FQLLDWiNG TERMS:
<br /> PAYMENT AND PERF�RMANCE. Excep� as ❑therwise proUided in this ❑eed v�Trust. Trustor shall pay to Lender al1
<br /> amaun�s secured by �his �eed af Trust as they became due, and shall s�r�ctly and in a �imely manner p�rform all o�
<br /> Trus�or's obliga�ivns under�he No�e,�his Deed a�Trus�, and the �elated Documents.
<br /> C�NSTRUCTI�N 1Vl�RTGAGE. This aeed o� Trust is a "�anstruc�ion mortgage" for the purpases a�f 5ections 9-334
<br /> and 2A--3�9 0��he lJni�orm Commercial Cade, as those sections ha�e been adop�ed by th� S�ate of Nelaraska.
<br /> POSSE5SI�N AND MAiNTENANCE ❑F THE PR�PERTY. Trustor agrees that Trustor's possession and use v� �he
<br /> Pr�per�y shall be go�erned by the fallowing pro�isians:
<br /> Possession and Use. Until the ❑ccurren�e of an E�ent of De�auft, Trustar may ��} remain in passession and
<br /> confirvl ❑f the Prvperty; ��} use, opera�e❑�manage�he Prvperty; and �3} cvllect the Rents�Fram fihe Property.
<br /> Duty �v Main�ain, Trustor shall maintain the Praperty in good c�ndition and pr�mptly perform all repairs,
<br /> replacements, and maintenance necessary to preser�e ifis�alue.
<br /> Comp}iance 11Vith EnWironmen�al Laws. Trus�t�r represen�s and warrants tv Lender�hat: {'1} During the period ❑f
<br /> Trust�r's vwnership of�he Prvperty,there has heen no use, generatian, manu�ac�ure, s�arage,trea�ment, disposal,
<br /> release ar threa�ened release ❑� any Hazardvus Substance by any persan on, under, alavut ar fram the Prvpertyf
<br /> {2} Trustar has n❑ knowledge ❑#, ❑r reason to belie�e that�here has been, excep� as pre�iousiy discEosed ta and
<br /> ackn�wledged by Lender in writing, {a} any breach vr �ivla�tion ❑� any En�ironmentaf Laws, ��} any use,
<br /> generafiion, manufacture, storage, trea�ment, dispvsal, re��ase ❑r threa�ened reiease ❑�f any Hazardous 5ubs�ance
<br /> ❑n, under, abou� ❑r �rom �he Proper�y by any prior ❑wners or occupan�s of �he Properky, o� {c} any actual or
<br /> threatened lifiiga�ian or claims a� any kind by any person relafiing �o such mat�ers; and �3} Excep� as pre�ious�y
<br /> disclased tv and acknvwledged by Lender in wri�ing, �a� neifiher Trusfior nvr any tenant, cvn�ractvr, agent vr v�her
<br /> authorized user of�khe Property shall use, generate, manufacture, store, treat, dispose ❑f❑r releas� any Hazardous
<br /> 5ubstan�e on, under, al�out vr�rom the Prvperty; and �b} any such ac�ivity shall be cvnducted in cvmplian�e with
<br /> aii applicable federal, sta�e, and focal Eaws, regulations and ❑rdinances, inc[uding withou� limitation all
<br /> En�iranmental Laws. Trustor authori�es Lender and its agents fio enter upon fihe P�aperty �� make su�h
<br /> inspections and �ests, at Trustor's expense, as Lender may deem app�-opriate �❑ determine compliance ❑f the
<br /> P��perty with this section v�the Deed of Trust. Any inspectivns or t�sfis made hy Lender sha�l be for Lender's
<br /> purp�ses ❑nly and sha!! no��e cons�rued t❑ crea�e any responsibility vr liability on�he part of Lender to Trustor❑r
<br /> tv any o�her person. The representat�ons and wa�-ranties contained herein are hased on Trustar's due diEigence in
<br /> in�estiga�ing the Property -For Ha�ardous 5ubsfiances. Trustor hereby {�� re�eases and wai�es any fu�ure claims
<br /> agains� Lender far indemni�y or contri�utian in �he e�en�Trustor becomes �iabEe �or cleanup ❑r other costs under
<br /> any such laws; and 42� agrees tv indemni�y, defend, and hafd harmless Lender against any and all claims, losses,
<br /> Eiabili�ies, damages, penal�ies, and expenses which Lender may directiy or indirectly sus�ain ar suf�fer resu�ting from
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