|
202504017
<br />DEED OF TRUST
<br />(Continued) Page 8
<br />transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br />include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and
<br />petroleum by-products or any fraction thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real
<br />Property.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidations of and substitutions for the Note or Related, Documents and any amounts expended or advanced by
<br />Lender to discharge Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's
<br />obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances
<br />provision of this Deed of Trust, together with all interest thereon.
<br />Lender. The word "Lender" means First Dakota National Bank , its successors and assigns.
<br />Note. The word "Note" means the promissory note dated July 23, 2025, in the original principal amount
<br />of $550,575.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement. The maturity date of
<br />this Deed of Trust is October 1, 2055.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal
<br />property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property;
<br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such
<br />property; and together with all proceeds (including without limitation all insurance proceeds and refunds of
<br />premiums) from any sale or other disposition of the Property. However, because the Real Property is or will be
<br />located in an area designated by the Administrator of the Federal Emergency Management Agency as a special
<br />flood hazard area, Personal Property is limited to only those items specifically covered (currently or hereafter) by
<br />Coverage A of the standard flood insurance policy issued in accordance with the National Flood Insurance Program
<br />or under equivalent coverage similarly issued by a private insurer to satisfy the National Flood Insurance Act (as
<br />amended).
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and
<br />other benefits derived from the Property.
<br />Trustee. The word "Trustee" means First Dakota National Bank, whose address is 225 Cedar St PO Box 156,
<br />Yankton, SD 57078 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means Artie H Moeller and Nicole L Moeller.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS . DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />0 Ack
<br />Artie H oeller
<br />X ICJ \j
<br />Nicole L Moeller
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF 1 V t
<br />COUNTY OF
<br />f/a //
<br />SS
<br />GENERAL NOTARY -State of Nebraska
<br />NICHOLAS J RENNAU
<br />My Comm. Exp. August O9, 2025
<br />On this day before me, the undersigned Notary Public, personally appeared Artie H Moeller and Nicole L Moeller,
<br />husband and wife, as joint tenants with right of survivorship and not as tenants in common, to me known to be the
<br />individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust as
<br />their free and voluntary act and deed, for the uses and iaurposes therein mentioned.
<br />Given under my hand and official seal this _23 r day of
<br />By /1(j,�/�JZw.✓ !/
<br />Printed Name: /v.Gho a c%�e/)/'ae
<br />Notary Public in and for the State of iV�/ C
<br />Residing at /7t�// eaten _
<br />My commission expires g" .2
<br />
|