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<br /> C.I. Title, Inc. •
<br /> 203 Little Canada rzc� NEBRASKA 66200104699730001
<br /> St� 200
<br /> St. �'au1, lvIIe1 55Y1i DEED OF TRUST oo4ss//crsssa
<br /> ��''-'1•��''�O / ��
<br /> �QR.ROIlIfER:::! < ! GRANTfl�i .<:: '' '
<br /> �
<br /> MARITA M. FRERICHS MARITA N. FRERICHS AND JOHN L. FRERICHS
<br /> ao�r L. rxaaicas
<br /> WIFE AND HUSBAND '
<br /> < ^.>:;: ;:::... : >i4[?DRES9:: > _>
<br /> �AK�1 MARI.TA EI��I�I,GHS
<br /> �Q ,: ; ,:
<br /> 704 N BROADWBLL 11VE 1
<br /> 6RAND I9LAND, NE 688034437
<br /> �PFkk1E N4. ;;: ';�ENTI�ICA710N N0:' ! ;': 7ELft?NONE NO:; >;; '.; ;1Df�j�IEAIION NQ ;;
<br /> 505-92-0379
<br /> TRUSTEE: Q,�. HJ1NK N1ITZONIIL A8lOCZ11TION
<br /> T11R00, ND SB10� V t s
<br /> n cons rat n o t e an or ot er cr n acco t on ere na er speu ie an any uture a ances or uture igat ons,as e ne ere n,w ic
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentfoned and other good and valuable consfderation,the receipt and sufficiency of which
<br /> are hereby adcnowledged, 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 D.S. BANK NATIONAL A8/OCSIITION ND
<br /> ("Lender"), the
<br /> ne iaary un r t s eed of rust,un er and subject to the terms a conditions erein set forth,with g t of entry and possession all of Grantor's present
<br /> and future estate,right,title and interesl 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 present and future improvements and fi�ctures; all tangible person� property induding without limitation all machinery,
<br /> equipment, building materials, and goods of every nature (excluding consumer goods) now or hereafter located on or used in connection with the rea�
<br /> propeAy,whether or not affixed to the land; privileges, hereditaments, and appurtenances including all development rights associated with the Property,
<br /> whstt�er previousiy or subsequently transferred to the Property from other real property or now or hereafter suaceptibla of transfer from this Property to other
<br /> real property;leases,licenses and olher agreements;rents,issues and profits;water,well,ditch,reservoir and mineral rights and stocks pertaining to the real
<br /> property (cumulaUvely"Property");to have and to hold the Property and the rights hereby granled for the use and benefit of Lender, his successors and
<br /> assigns,until payment in fuil of all Obligations secured hereby.
<br /> Moreover,in further consideration,Grantor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenant,and
<br /> agree wNh Lender and Trustee and their successors and assigns as follows:
<br /> t. OBLIGATIONS. This Deed of Trusl shail secure the payment and performance of all present and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Grantor(cumulatively"Obligatlons")to Lender pursuant to:
<br /> (a)lhis Deed of Trust and the following promissory notes and other agreements:
<br /> PRINGEPAR.AMOUFITf. N�3`�J MATURt7'Y �,�J�M �
<br /> CREDIT:L([i�fT �4q£�&M�M��AT� �7ATE N�tW�ER
<br /> 18,960.00 03/25/99 04/15/19 66200104699730001
<br /> (b)ail other present or uture,written agreements wit en r t at re er spea ica y to t is ee o rust w e er axecu or e same or different
<br /> purposes than the forogoing);
<br /> (c) any guerarqy of obligatfons of other parties given to Lender now or hereafter executed that refera to ihis Deed of Trust;
<br /> (d) future advances,whether obligatory or optional,to the same extent as if made contemporaneously with the executlon of this Deed of Trust,made or
<br /> extended on behalf of Grarttor or Borrower. Grantor agrees that if one of ihe Obligations is a line of crediL the lien of this Deed of Trust shall continue
<br /> unlU payment in tull of ali debt due under the line notwithstanding the fact ihat 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 thereof shall the unpafd and outstanding secured principal fulure
<br /> advances,not including sums advanced by Lender to protect the securfty of this Deed of Trust,exceed the following amount: $ �s,9 sn_on
<br /> This provision shall not constitute an obligation upon or corrxritment of Lender to make additional advances or loans to Granlor;and
<br /> (e)all amendments,extensions,renewals,modifications,replacemerns or substitutions to any of ihe foregoing.
<br /> As used in ihis 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,warranis and covenants to Lender that:
<br /> (a) Grantor has(ee simple marketable title lo the Property and shall maintain the Property free of all liens,securily interests,encumbrances and claims
<br /> except for this Deed of Trusi and those described in Schedule B,which is attached to this Deed of Trust and incorporated herein by reference,which
<br /> Grantor agrees 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 regulationa,induding,without Iimitatlon,those relating to
<br /> 'Hazardous Materials,"as defined herein, and other environmental matters(the "Environmental Laws"),and neither the federal govemment nor any
<br /> other govemmental or quas!governmental entity has filed a lien on the Property,nor are there any govemmental,jucYdel or administrative aclions wlth
<br /> respect to environmenial matters pending,or to the best of ihe Grantor's knowiedge,ihreatened,which invalve the Property. Neither Grantor nor,to the
<br /> best of Grantor's knowledge, any other party has used, generated, released, discharged, stored,or disposed of any Hazardous Materials as defined
<br /> herein,in connection with Itie Propeny or iransported any Hazardous Materials to or(rom the Property. Grantor shatl not commit or permit such actions
<br /> to be taken In ihe future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> govemmental authority including,bu1 not limited to,(i)petroleum;(U)friabie or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materfals or wastes designated as a"hazardous substance"pursuant to Section 311 of lhe Clean Water Act or Usted pursuant to Seclion 307 of lhe
<br /> Clean Water Act w any amendments or replacements to these statutes; (v)those substances, materials or wastes defined as a "hazardous waste"
<br /> pursuant l0 5ect(on 1004 of the Resource Conservation and Recovery Act or any amendments or replacemenis to that statute; and (vi) those
<br /> subslances, mate�ials or wastes defined as a "hazardous substance" pursuant to Section 101 of ihe Comprehensive Environmenlal Response, ;
<br /> Cortpensation and Uability Act, or any amendments or replacements to that statute or any other similar state or faderal statute, rule, regulation or
<br /> or�nanoa novr or herealter in effecl. Grantor shall not lease�pemit the sublease of the Property to a tenant or subtenant whose operations may
<br /> rew11 in coMemination of the Property whh Hazardous Materials�toxic substarxes;
<br />
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