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<br /> ' DEED OF TRUST PA�° 2 � � ' � --
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<br /> f: t2-30-�1998 _ "�''_�
<br /> % Lo�n No d66161 (Contlnudd) �- ;�,C)(�,Jr _ - , -,. ._.
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<br /> '..•� pf q»ChdH Aprwm�nt. Sueh�dv�us mN b���rN►Md�+rx!nm�d�hom dn�to drt�,wbNct to tM IImltNlon thN tM�tctal ���
<br /> outqondhtp bal�nc�owMp M+nY on�dm���ot Nnhidle0�n�ne�charp��oe weh b�lone�d �fbad or wrl�bM�N� a�um u . .�.v.--,
<br /> r provW�d In th�Cndll AprM�nent��nY NmPaKY o�K���clwpa,�nd�ny MnainU�xpMld�d Of�dYMC�d 11�p/0Y1dKl M 111b ' . ,,:w
<br /> . prpnph,NfMI not�xcMd tM Cr�Nt I.MnM M proWd�d In qw Cndll Apr�et. 11 Is Ih�IM�n11on of Tn�Nor and L�ndK thM thl• .;:,.;,�,.,
<br /> DMd of Tnut Mcuxt�ifN Wl�nc�oul�t�MMQ undK MN Cndlt AprNln�nl h'om tkns lo tlnM fran x�ro up to fl►�ChdM LInNt�f ' •. ,-.-
<br /> ti provkNd M�ov��nd�n1►Ml�nn�dlRl�bWna. ' •.:�!=`"`'�
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<br /> �� L�ndK. The word'L�ndar'mwn�UNITED fVEBRASKA BANK,Ib�uccYSSOro�nd�sslpna. .,. .• .:"="1"-'",
<br /> 1 pK��y prp��y. 71►�wad�"P�raon�l Prop�rty'mne ap oqu�Pment, fixturq,rnd ollwr prllcks of pCrsontil proporty now or hereeHer . : � _ _
<br /> !� own�d by Trusta,and now a h�r�ft�r�ttach�d a�Mx�/to tf» Rwl Prop�rty� top�tMr wlih �N acatslons, Parts, �nd �ddHlons lo,oll t .:-��-.�`�•,��,-
<br /> � � np4artNnb of, and �N wbatiluBonf}a, any of such prop�rty; and topslher wllh �M procwds (Includlnp withoul Iimil�tlon aN Insunnc� t ;��+:f�;._�ti
<br /> �,�r�!! � procMds�nd nfunds of pnmiurray hom�ny a�N or ottw�disposltlon of IM Property. � Y•?�-•�sn-i�__
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<br /> ,-��p���Y.
<br /> '. ^� ''�`; prppKly. Th�word"Prop�rty'msane coMctiwty the Raal Propwty and the PKSOnd Prop�rty. t;�,,;,,,^_--
<br /> I p�l prpMr�y, 7h�wpnis'Rwl Propsrty'rt►Mn llw�rop�rty,InNrasts�nd riyhb dacribad Rbovs in the"Conwyanca and GranP s�cflon. ��5.���t =�_
<br /> { RNM�d Doeu�Mnts. Tha wwds'Relabd Documents" ms�n�nd Include without Ilmit�tlon�11 prom�ssay notes, Credit�prsemenb,laan � `
<br /> � '. I docurrwnto,wFMIMr now a�saMe►�exlsMnp,exsculed Iniconn�cHon�with tha�nd�ib�fednessof trust,end all other Inshumenis,�preemsnle and ---
<br /> R�nta. Th�word'Sients"rnesns all pressnt�nd future nnts,ravenues,Incortw,fwuet�►oY��1Ns� Profi ts,an d o t h e r bena(�l e d e i v�d h o m t h e _
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<br /> � TruMN. Th�word"fruslrs"rr�r�s UNITEI7 NEBRASWI BANK�ORANO ISLAND and any subsdtute a succ�esor hwtea. �-=-
<br /> � 7ruqor. TM word'Trustor"means any�nd�tl persons and andties execudny thls Deed of Trust,Includinq withoul Amft�llon all Trustas n�msd
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<br /> �` � THIS QEED OF TRUST, INCLWINQ THE ASSIGNIIAENT OF RENTS Al1D TFIE SECURITi/ IMTEREST IN THE RENTS AND PER50MA1 v_
<br /> �¢ , pqppF.FiTY, IS (iIVEN TO SECURE (1) PAYMENT O� TFIE INDESTEDNESS AND (Z) PERFORhAAMCE 0� EACH AGREEIAEN7 AND _
<br /> OBf�.IQATIClN OF TRUSTOH UNDER THE CREDIT AGREEMENT,TFIE RELATED DOCUIMENTS,AHD THIS DEED OF TFtUST. THIS DEED OF
<br /> e". TRUST 15 GIVEN AND ACCEPTED ON TFIE F01.LOWING TERMS: _- _.-
<br /> PAYMEN7 AMD PERFORMANCE. Except a�othawlss provldad In thls Deed of Trust,Tru3tor shall pay to Lender all amounts securod by thls Dsed '
<br /> . „�• of Trust as they becume due,and shell rtricHy and In a timely manner perform all o}Trustors obligetions under the Credil Agreement,this Deed of y,��:
<br /> Trust,and the Related Dt+cuments. .,��
<br /> POSSESSION AMD MAINTENANCE OF TI1E PROPERTY. Trustor aqraes that Trustar's possesslon and use of the Property shall be pov6rned by -• �t._
<br /> the lollowiny provisions:
<br /> pps�esilpn�nd UM. Until the occurrenCe of an Event of Default,Trustor may (a)remaln In possession and Control of lhe Properiy, (b)use,
<br /> • � operate or mnnage the Property,nnd (c)collecl any Rents hom the Property.
<br /> Duty to MMntNn. 7rustor shell maintaln the Property In tenantable conditlon and promptly perform all repflirs,replacemenis,end malntenanCa -
<br /> - __-�-- - necu�su�y i'v F+iva�v'o itS�3lu.^.. --
<br /> F1�r�rdou�Substonc�s. The lxms"harardous waste;"iwzardau5 substance,"'disposal,""releass,"and"threatened rsieese;�s us�d In thh
<br /> �eed ol Trust,shaN havc+lho same mea^fnfls es set forth In the Comprehensivo Envkonmental Response,Compensadon,and LlabfNty Acl of ;
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<br /> � 1980, as amencMd,42 U.S.C.Section 9601,et seq.("CERCLA'�,the Superfund Amendmenls and Reauthoriutlon Act of 1986, Pub.L•Na• 'r,
<br /> gy_,�gg�-gpF�q•�,the Hezardous Mata4ls Trenspatndon Act,49 U.S.C.Sectlon 1901,et aoq.,►he Resourc�Conewvadon�nd Fi�cowry Act� �_
<br /> 42 U.S.C.S�cMon 6901,et seq.,or other applicable stnte a Fcderal laws,rules,or repu4►UOns adopled pursusnt to�ny of the foroqdrq. The
<br /> terms"hazerdous waste"end"hazardous substance'shafl also Inciude,without IImHaHon,pehdeum and petraNum by-producls a any k�cHon
<br /> Ihereot a�d asbestos. Trustor represents and warrants to Lsnder fhak (a)Durinp 1he Porlod of Trustor's ownership of ths Properiy,tMn Iws
<br /> besn no use,peneraHon,manufacturs,storape,treatment,disposal,relesse a threatened relaass of�ny haz�rdoue w�ate or substanc�by�ny
<br /> pe�son on,under,about w hom the Property; (b)Trustor has na knowledpe of,or reason to bdleve that there has been,except as prevlously
<br /> � dlsclosed to and acknowledyed by Lender in wrifinfl, (I)eny use,peners►lon,manulacture,staafle,treatment,dVsposal,release,or threatened
<br /> ectual or'th�eya ened/bs�on�or cleims orf eny kin�any person reltatiny to suchymatyteprs'and�(c Except is prsvlouslyrd�iscl�osed to�and
<br />- acknowledged by Lender In writiny, (i)nellher Trusta nor any tenant, contractor,apent a other authorizsd user of lhe Property s1uiN use,
<br /> penente,mar�ufacture,store,treat,dispose ol,or release any h�wrd�us waste ar substance on,under,�bout or kom the Property and (il)any
<br /> - � �� such acNNry sh�H be conducted in campliance with all appNCeble lederal,stnte,and locel laws,repulatlons and ordinances,Includlrq without
<br /> Iimitation those laws,ropulations,and ordinenCes descnbed nbove. Trustor authorizes Lender and its�yents to enter upon ths PropKty lo
<br />^ � make such Inspections and tests,at Trustor's expense,es Lender may deem epproprlate to datermine compNana ol the Property with thls
<br /> sectlon of the Deed ot Trust. Any Inspec��ons or tests made bY Lender shall be for Lender's purposes only and shall not be constnied to aeate
<br /> any responsibfNty or liabllity on lhe part of Lender to Trusta a to any olher person. The reprssentaHons and warcanries contained herNn ero ___
<br /> .. weives�any fu u e c a ms lapelns Lend}oflr in�demhnftyra�hibutlo�n Int he event Trustor beCOmes Aab�e�ciea�nuP a ths co�sb ndir any =
<br /> such laws, and (b) sqrees to Indemnily end hdd hermless Lender against eny and all clalms,losses, Ilabiliries, damefles, penaltles� end
<br /> � . expenses wh�h Londer may directly a Indlrectly sustain or sutter resulting hom a breach ot this section of Ihe Deed of Trust or as a ���-__
<br />" consequence o}any uso,peneratton,rnanutacture,staage,disposa��reiease or threalened release of e I�rdous wasle or substance on the --
<br /> prpperlies, The provislons of this suclian of ihe Deed af Trust, Includinq tho obliyatton to IndemnHy, shall survive the payment bf ths _
<br /> ' , interestt nnthe Pr perty wh th�byeorec osu�e oaother�vvjse 11en of thls Deed of Trust and shall not be aHected by Lender's acqufsftlon ot�ny _ _�'— --
<br /> � Nuisance,Waste. Trustor shall not cause,conduct w permit any nuisAnce nor commit,permit,or suHer any strippinp oi or waste on or to the `ti°���
<br />- �- Properly or eny portion of the Property. Wtlhout Iimitinq the penerelity of lhe loreyolnp,Trustor wiH not remove,ar prant to any other psrty tha �y�__,__-_-_
<br /> ,. ; rlyht to remove,any tlmber,minerals(including oil end pas),sofl,pravel or rock products without ihe prior wriHen consent of Lender. '�:��;�,,��--
<br /> +. �Y'lr..,i3"t=��a-:'�
<br /> � RemovM ot Improvement�. Trustor shall nol demolish or remove eny Improvements from Ihe Real Property wlti�out the prlor wridsn consent :;-�--
<br /> � of Lender. As a conditlon to Ihe removal o�any Improvements,Lende3r may require Trustor to make errarpements setlslectory to Lender to _ �.
<br /> � replace such Improvementc wilh Improvements of at least Pqual value. •. :r���'
<br /> n a bl e times to eHend to ����'����:-N
<br /> Lender's RIDt1t to Enter. Lender and its aponts and representatfves may enter upon the Real Property at ell reaso �
<br /> . Lender's intore3ts and to inspect the Properiy for purposes af Trustor's complience with the terms and conditlons of this Deed ol Ti ust. , ";�
<br />' Compllante with Governmenlal Requirements. Trustor shall promptly comply wfth all laws,ordinances,and requlaHons,now or t�eefter In ••
<br /> effect, of all povernmental aulhoritles opp�kable to the use or occupancy of ths Property'18 8�p�p�ls8 so ony as T ustor thas noNtbd Lender „ -
<br /> prdinance,or repuktlon and withhdd compliance du�inp any proceediny,Includinp epp op
<br /> In writing prior to dolrp so and so lonq as,In Lender's so18 opinion,Lender's Interests In the Property are not jeopardized. Lender may require ,
<br /> Trustor to post adequate seCU�ity or a surety bond,reasonably satis}actory to Lender,lo protecl Lenders interest.
<br /> Duty fo Protect. Trustor agrees neither►o ebandon nor leave unaliended lhe Properly Trustor shell do all other acts,in addition to those eC�s
<br /> set forth above In Ihfs section,whfCh from tne Character and use of the Properiy nre reasonably neCessary to protect end preserve the Property.
<br /> _u� �.....i tiv�hie nmrf nf Trutt
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<br /> DUE ON SALE-CUNSENT BY LENDER. Le�der may,at Its option,tletiare immediaieiy outl tl��u Na�a..��o.•��.�.�----.-__, •-.- ---- . -
<br /> ' upon Ihe Sa�e or trflnsfer,wilhout ihe Lender'S pdor written Consent,of all or eny part o}the Real Property�or eny Interest in thtf Renl Property, A � ,
<br /> ^sale or transter"means the conveyance of Heal Property or any right,title or Iniorest Iherein;whether legal,beneAclal or equitable;whelhc►r vduntary I
<br /> a Involuniary;whethar by outright Sale,deed, installment sale conVacf,Iand Contract,Contract fa deed,leasehold Interesl wilh e term preater than �
<br /> three (3) yeaa, lease-option contrect,or by sale,a55�gnrrsnt, or�int�s�t°�If fln Tr s oralSl aecorpo el on�partnershipf ortlim�led lab�ty cohmpeny �
<br /> � properiy, or by eny other methcd of conveyance of Real Property Y
<br /> �I transfer also Includes any Chango In ownership of moro than twenty-five percent(2596)ol lhe voting sla:k,parinership interests or limited Ilabiliry i
<br /> Company interests,as Ihe case may be,of Trusla. However,Ihfs option shall not be exercised by Lender It such exerclse is prohibilod by federel
<br /> � law or by Nebreska law. �
<br /> TAXES AND LIEHS. The following provislons re�aling to the�axes end liens on Ihe Properiy are a parf��Ihis Deed of Trust.
<br /> Plrymenl. Trustor shall pay whan due(and In ell evenls p�or fo de��nquoncy)a��taxes, spec�al taxes,assossmenls,charges(including water
<br /> _ I service5 eendored on matpf asit;U�ssh de o�lhe Properly. T us or1,thall e�alnta nr�t o P operty f ee o�hell lens hnving prionty o�e�or equal o I e
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