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<br /> `v NEBRASKA 66200104840550001 �
<br /> DEED OF TRUST 00483//MLR25
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<br /> I(11RL�1E HQRLEY DALE A. RDRLSY� CH6RYL L. °^•,•�Tn�o� HOTH 6ZNfiLB PBRBONB
<br /> D11LE IiQ1tLEY ���_r��1 E� ��, �
<br /> .:, _.�;: . :: ��:M4'I.YRl�.�.�,�,�:ii ���� ...i .'I:i � �;i . ���,�,':i ,..... .. ''i;i��,,,�ll!'���s
<br /> 3190 18TIi 8T N
<br /> GRAND IBLIIND, N6 68803$403
<br /> 3�11ilNE IiQ. i; ;< �fENYF(EA'fk1N tN"!. ';; ; 'TEEEF}IONE�IG ;; . ; �1i�1l�ICN NO :.
<br /> _ ,:, ,. .
<br /> 507-42-4836
<br /> TRUSTEE: Q.B. HAN1C NATIONAL ASSOCIATION
<br /> FARfio, ND 58103
<br /> n con rat o t e oan or ot er cr tt acco tion erema er spea ie an any ure a ances or ure gations,as n erein,w ic
<br /> may herefnafler be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration,the receipt and sufficiency of which
<br /> are hereby acknowledged, Gtantw hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for ihe benefit and security of II,g. �� NATIODIAL A880CIATION ND
<br /> ("Lender"), the
<br /> neflaary under this of rust,under and subject to the terms and conditions herein set forth,with rigM of entry an possession all of Grantor's present
<br /> and future eatate,�igM,title and irnerest in and to the real property described in Schedule A which is attached to this Deed of Trust and incorporated herein
<br /> by this reference,together with all presern and future improvemerns and 8xtures;all tangible personal property including without limitation all machinery,
<br /> equipment, building materials, and goods of every nature (excluding consumer goods) now or herea8er located on or used in connection with the real
<br /> property,whether or not affixed to the land;privileges, hereditaments, and appurtenances including all developmern rights assodated with the Property,
<br /> whether previously or subsequently transfened to the Property from other real property or now or hereafter susceptible of transfer from this Property to other
<br /> real property;leases,lioenses and other agreements;rents,issues and profits:water,well,ditch,reservoir and mineral rights and stxks pertaining to the real
<br /> property(cumulatively"Property");to have and to hold the Property and ihe�ights hereby granted for the use and benefit of Lender, his successors and
<br /> assigns,urdil paymerrt 1n full of all Obligations secured hereby.
<br /> AAoreove►,in further consideration,Graritor does,for Grantor and Grantor's heirs,representatives and asslgns,hereby expressly warrant,covenam,and
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBLIGAT10N3. This Deed of Trust shall secure the paymeM and performance of all presern and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Grantor(cumulatfvely"Obiigations")to Lender pursuant to:
<br /> (a)tMs Deed of Trust and the following proMssory notes and other agreemems:
<br /> pqlhl�A1,�I�N�! I�A1'�t �y1lk'�'l1�'t�1'1� ' ': 4�IkM ;:
<br /> ;
<br /> ,: GR�DI'E�T .. ;:. AqR�EMEN'f DA'fF;> DAT'fs .:::: > ;:NE1��i�: .
<br /> 67,300.00 04/02/99 04/02/19 66200104840550001
<br /> (b)all other prese or uture,w en agreemerns w en e� at re er speG y o is e o rust w e er execu or e same or different
<br /> purpossa than fhe foregoing);
<br /> (c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed of Trust;
<br /> (� tuture advances,whether obligatory or optional,to the same extent as if made contemporaneously with the execution of this Deed of Trust,made or
<br /> extended on behalf of Grantor or Borrower. Grantor agrees that if one of ihe Obligations is a line of credit,the lien of ihis Deed of Trust shall corrtinue
<br /> uMil payment in full of all debt due under the line notwithstanding the fact that from time to time(but before termination of the line)no balance may be
<br /> outstanding. At no time during the term of this Deed of Trust or any extension ihereof shall the unpaid and outstanding secured principal future
<br /> advances,not induc�ng sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ s��3nn_oe
<br /> This provision shall not oonstitute an obligation upon or comRitmern of Lender to make additfonal advances or loans to Grantor;and
<br /> (e)all amendments,extensions,renewals,modificallons,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the terms Grarnor and BoROwer shall include and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrarns and covenarrts to Lender that:
<br /> (a) Grantor has fee simple me►ketable title to the Property and shall mairnain the Properry free of all liens,securiry i�terests,encumbrances and daims
<br /> except for this Deed of Trust and those desctibed in Schedule B,which is attached to ihis Deed of Trust and incorporated herein by reference,which
<br /> Grarna egrees to pay and perfoRn in a timely manner,
<br /> (b) Grantor is in oompliance in all respects with all applicable federal,slate and local laws and regulations,induding,without limitation,those relating to
<br /> "Hazardous Materials,"as defined herein,and other environmental matters(the"Environmerttal Laws"),and neither the federal govemment nor any
<br /> other govemmerrtal or quasi govemmeMal ernity has filed a lien on the PropeAy,nor are there any govemmental,judicial or administrative actions wfih
<br /> respect to ernironmental mariers pending,or to ihe best of the Grantor's knowledge,threatened,which irnolve the Property. Neilher Gramor nor,to the
<br /> best of Gramor's Ivwwledge,any other party has used,generated,released,discharged, stored,or disposed of any Hazardous Materials as de8ned
<br /> herein,in oonnection wflh ti�e Property or transported any Hazardous Materials to or from the Property. Grantor shali not corrrnit or pemit such actions
<br /> to be taken in the tuture. The term"Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> govemmemal autho�ity indu�ng,but not limited to,(i)petroleum;(ii)friable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)ihose substances,
<br /> materials or wastes designated as a"hazardous substance"pursuant to Section 311 of the Clean Water Act or listed pursuarn to Section 307 of the
<br /> Clean Water Act or any amendments or replacemerns to these statutes; (v)those substances, materials or wastes defined as a"hazardous waste"
<br /> pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendmerrts or replacements to that statute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive EnvironmeMal Response,
<br /> Compensation and LiabilNy Act, or any amendmems o�replacements to that statute or any other similar state or federal statute, rule, regulation or
<br /> oMlnance nbw or hereatter in effect. Grarnor shali not lease or pemtt the sublease of the Property to a tenarn or subtenant whose operatlons may
<br /> resufl in contaminatbn of the Property with Hazardous Materials or toxic substances;
<br /> NEOOT a�.,as� aaaetas
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