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<br /> When Recorded Return To:
<br /> C.I. �'itle, Inc.
<br /> 203 Little Canada Rd NEBRASKA 66200106136790001
<br /> Ste 200 DEED OF TRUST oo48s//v�vos ��^
<br /> St. Yuul, MN 5511I , ����.���,,�.� c�
<br /> ' ';';B;fJRRO....ER ;; ' 6. �?F'�. �� < >„ .,< ,<<,��,,
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<br /> STSVH D GRATOPP BTS{/�1 D. GRATOPP, LYNDA G. CiRATOPP, HIISHAND AND VIIgg
<br /> AKA ST. D. GRATOPP "
<br /> AKA LYNDA GRATOPP
<br /> �
<br /> ;
<br /> ;: A���ss >: ;:: ; >�poq�s�
<br /> 2412 PIONSBR BLVD �
<br /> GRAND ISLAND, NE 6B8017342
<br /> T�LEi�Hil�IE14C : IDEMIP(GA7k�k1:MK� TEC�D}IBNE:NO 1flEN'f�ICl4'1'K)1VN0.
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<br /> 505-96-0032
<br /> TRUSTEE: II.S. BANK NATIObJAL A880CIATIOPI N
<br /> FAR60, ND 58103 1 ve Fw
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<br /> n consi eration o t e oan or ot er cre it accomrno tion ereina er spea� an any uture a ances or uture igations,as fined herein,whic
<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 acknowledged, 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 Q,8. HANK NATIOH�IAL A880CIATION ND
<br /> ("Lender"), the
<br /> beneficiary under this Deed of Trust,under and subject to the terms and conditions herein set forth,with right of entry and possession all of Grantor's present
<br /> and future estate,right,title and interest 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 imFxovements and fixtures;all tangible personal property including without limitation ail machinery,
<br /> equipment, building materials, and goods of every nature (excluding consumer goods) now or hereafter located on or used iR connection with the real
<br /> property,whether or not affixed to the land; privileges, hereditaments, and appurtenances including all development rights associated with the Property,
<br /> whether previously or subsequently 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,reservoir and mineral rights and stocks pertaining to the real
<br /> property(cumulatively"Property");to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successors and
<br /> assigns,until payment in full 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 with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the payment and pertormance of all present and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Granior(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the foilowing promissory notes and other agreements:
<br /> WRI�Ai.AM�iJNT! 1+IEl3'�J:: MATIIRETY LdAW
<br /> GR�QIT#.�IEtT:: AQRE�M�hIT t�ATFi DAT'� IV�[I�B�ER '
<br /> 48,000.00 06/15/99 06/15/19 66200106136790001
<br /> (b)all other pre'sent or uture,wntten agreements wtt en er t at re er specli ica y to t i ee o I rust w e er execu or e same or dffferent
<br /> purposes than the 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 /> (d) future 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 the Obligations is a line of credit,the lien of this Deed of Trust shall continue
<br /> until 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 thereof shall the unpaid and outstanding secured principal future
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ aa noo_nn
<br /> This provision shall not constitute an obligation upon or commitment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendments,extensions,renewals,modifications,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the terms Grantor and BoROwer shall include and also mean any Grantor or Borrower if more than one.
<br /> 2. REPRESENT/�TIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that:
<br /> (a) Grantor has fee simpie marketable title to ihe Property and shall mainiain the Property free of all liens,security interests,encumbrances and claims
<br /> except for this Deed of Trust 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 iimely manner;
<br /> (b) Grantor is in compliance in all respects with all applicable federal,state and local laws and regulations,including,without limitation,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmental matters(the "Environmental Laws"),and neither the federal government nor any
<br /> other governmental or quasi govemmental entity has filed a lien on the Property,nor are there any governmental,judicial or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grantor's knowledge,threatened,which involve 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 the Property or transported any Hazardous Materials to or from the Property. Grantor shall not commit or permit such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> governmental 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 pursuant to Section 307 of the
<br /> Clean Water Act or any amendments or replacements 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 amendmenis or replacements to that slatute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmental Response,
<br /> Compensation and Liability Act, or any amendments or replacements to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance now or hereafter in effect. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may
<br /> result in contamination of the Property with Hazardous Materials or toxic substances;
<br /> NFf]OT Rw 19A7 ,
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