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<br /> GL Title, Inc. '
<br /> 203 Little Cailada Rd
<br /> Ste 200 NEBRASKA 66200104582240002 �S
<br /> St. Pau1, 1V1N 5511% DEED OF TRUST oo4ss//cr�B32 �,
<br /> ...����-� %.,� �
<br /> LUH J. ALLAN, JR LDE J. 1►LLAN JR, MARC;ARST V. ALLAN, FiIIBHAND AND iPIPE
<br /> a�x�eauea�r v. �,r.nrt
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<br /> 4079 BTAII88 RD
<br /> GRAND ISLAND, NS 68801
<br /> i:3£�.�PM1Cl�IE�10l, i; ; CfEMTI�"�►Tkfl�'Mi! ; ii ' 7f�.�IGIi��i: 11��1'�ICKI'IONflO'
<br /> sos-6o-4aa5
<br /> TRUSTEE: II.B. BANK NATIa[JAL A880CIATION N
<br /> raxao, xn saio3 3 / � e S�
<br /> n cons ration o t e oan or ot er cr rt acco tion erema er speci e an any ure a ances or ure igations,as in erein,w i
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration,the receipt and sufficiency of which
<br /> are hereby adv�owledged, Grantor hereby irrevocably warraMs, bergains, sells, transfers, grants, conveys and assigns to Trustee, his sucxessors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of II.e. BANK NATIddiAL A880CIATION ND
<br /> ("Lender"), the
<br /> nefidary under this eed o rust,un r and subject to t e terrr�an conditions herein set forth,with rig t o errtry an possession all of Grantor's present
<br /> and future estate,right,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 present and future improvemerns and fixtures;all tangible personal property induding without limitation all machinery,
<br /> equipment, building materials, and goods of every nature (exduding consumer goods) now or hereafter located on or used in connection with the real
<br /> property,whether or noi affixed to the land; privileges, hereditamerrts, and appurtenances induding all development rights associated with the Property,
<br /> whether previously or subsequentty transferred to the Property from other real property or now or hereafter susceptible of transfer from this Property to other
<br /> real property:leases,licenses and other agreements;rents,issues and profits;water,well,ditch,reserooir and mineral rigMs and stocks pertaining to the real
<br /> property(cumulatively"PropeAy"):to have and to hold the Properry and the rigMs hereby granted for the use and benefit of Lender, his suxessors and
<br /> assigns,until paymem in full of all Obligations secured hereby.
<br /> Moreover,in further consideration,Gramor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenant,and
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the payment and perfomiance of all present and future indebtedness, liabilities, obligations and
<br /> covenarrts of Borrower or Grarrtor(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the following promissory notes and other agreements:
<br /> ;:.>:;;>;;;:<::..:.:::::....:.:...:.:..:.:..`>:€:::::>::>:<:<':;::::::>::::::>::::::>::�ii'�t:::::»::<::::>::::>::::::::::<:::<::;:::: ` : '.:»:<::<::::>:::::>:<:::>::::>::<::<:::::<<:::>::>::>::>:`.,„ ::>:>:::::>::>::::>:';::::>::>::::>::::>'<
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<br /> >::>::>::>::>::>::>::;::>:::..:........... .......;:<.;;;;;;;;;:<,;::.;;:;;;.
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<br /> >::>::>::>::>::>::: ::»:�R�RI�`:�41YNT::::>::::>::::>:::::::::>:::::.............................:::........................�i1k1'f............................................................... ...............
<br /> 35,000.00 04/23/99 05/10/19 66200104582240002
<br /> (b)all other presen or ure,w en agreements w n r a re er spe ica y to t is o rust a er execu or e same or dHferent
<br /> purpoaes than tha brogoing);
<br /> (c) any guaranty of obligations of oiher parties given to Lender now or hereaher executed that refers to this Deed of Trust;
<br /> (d) future advances,whether obligatory or optional,to the same exterrt as if made corrtemporaneously with the execution of this Deed of Trust,made or
<br /> extended on behalf of Grantor or Borrower. Gramor agrees that if one of the Obligations is a line of credit,the lien of this Deed of Trust shall corrtinue
<br /> until paymern 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 ihis Deed of Trust or any e�ension thereof shall the unpaid and outstanding secured principal future
<br /> advances,not induding sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ ss,nnn_nn
<br /> This provision shall not constftute an obligation upon or commitmern of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendments,e�ensions,renewals,modifications,replacemeMs or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the terms Grantor and Borrower shall indude and also mean any Grantor or BoROwer if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrarrts and covenants to Lender 1hat:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security irnerests,encumbrances and claims �
<br /> except for this Deed of Tn�st 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 manne�;
<br /> (b) Grantor is(n compliance in all respects wfth all applicable federal,state and local laws and regulations,induding,without limitation,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmental matters(ihe "Env(ronmerrtal Laws"),and neither the federal govemmern nor any
<br /> other govemmernal or quasl govemmental entiry has filed a lien on the Property,nor are there any govemmental,judicial or adm(nistrative acUons with
<br /> respect to e�vironmental matters pending,or to the best of the Grarnor's knowledge,threatened,which involve the Property. Neither Grantor nor,to the
<br /> best of Grantor's Imowledge,any other party has used,generated,released,discharged, stored,or disposed of any Hazardous Materials as defined
<br /> herein,in connection with the Property or transported any Hazardous Materials to or from the Property. Gramor shall not corrmt or pemmiitt such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall rnean any substance, material, or waste which is or becomes regulated by any
<br /> govemmental authority including,but not limited to,(i)petroleum;(ii)friable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substance" pursuant to Section 311 of the Clean Water Act or listed pursuarrt to Section 307 of the
<br /> Clean Water Act or any ame�dmeMs or replacemerns to these statutes; (v)those substances, materials or wastes defined as a"hazardous waste"
<br /> pursuarrt to Section 1004 of the Resource Conservation and Recovery Act or any amendmerrts or replacemerrts to that statute; and (vi) those ;
<br /> substances, materials or wastes defined as a "hazardous substance" pursuarri to Section 101 of the Comprehensive Environmental Response,
<br /> Compensation and Llability Act, or any amendmerrts or replaoemeMs to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinanoe nbw or hereatter in effect. Grantor shall not lease or pemrt the sublease of the Property to a tenant or subtenarrt whose operations may
<br /> resufl in contamination of the Property with Hazardous Materiais or toxic substances;
<br />
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