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<br /> ' �y��LOP�. NEBRASKA sa9ooaoso4
<br /> �': :�rT�.E.�,�VEis,:�;;� 424/31/DNIlK15 �/ .
<br /> ,�, P. o. Box »2ss DEED OF TRUST �
<br /> ST. PAUL, MN 5511 a �
<br /> �0'. ., �...._
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<br /> ,. ; Bt7RROV1I:ER. < ,
<br /> ' GRAH[TOR r "`
<br /> BRENDA K. J9RGBN8 and BRffiQDA K. JORf38N8,
<br /> BTSVSN G. JURGffiQ9,
<br /> WIPE AND HII88AND
<br /> BTSVHN 0. JORGENS
<br /> „ ,,.::... ,. JkAl1!F��B�
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<br /> 563 E 18TH ST 563 8 18TFi eT
<br /> GRAND IBLAND NS 688012401 GRAND ISLAND N8 668012401
<br /> ;TB.EPHONENO.' ', ;', IDFNTIFICI�7I�NNQ ;; ;: 'TEt:EA}IDNENQ ' '; ';;; ;';:; 1U£NTIFIGA'C16NN0 ' .
<br /> 462252604 462252604
<br /> TRUSTEE: r jRST BANK NATIONAL ASSOCIATION U.S.BANK NATIONAL ASSOCIATION
<br /> aza s �axn sT oMAHA N8 68114 �K�
<br /> n consi eration o t e oan or ot er cre it accorTVno ation ereina er spea ie an any uture advances or uture O igations,as e ine erein,w ic
<br /> may hereinaher be advanced or incurred and the trust hereinafter mentioned and other good and va�uable 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 piRST HANK NATIONAL A880CIATION
<br /> � � U.S.BANK NATIOt�IAL ASSOCIATION ("Lender"), the
<br /> beneficiary under ihis Deed of Trust,under and sub�ect to the terms and conditions herem set forth,with nght of entry and possession a I 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 lo this Deed of Trusl and incorporated herein
<br /> by this reference, together with all present and future improvements and fixtures;all tangible personal property including 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 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 hereaher 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 ihe real
<br /> property (cumulalively"Property');lo 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 Granlor'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 performance of all present and future indebtedness, liabilities, obligations and
<br /> covenanis of Borrower or Grantor(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trusl and the following promissory notes and oiher agreements:
<br /> 'PRINGEPiAE.�1MGtJNIf ` f'�Q�i MA'f�l�tT�' `. 1.0/1N
<br /> i:......�R�DIT k�[NktT: ; . ..AQftE,�M�MT i?AT� ; �AT� NLtA�Bk#� : ; s
<br /> 11,500.00 04/20/98 04/20/08 3290020804
<br /> (b)all other presen or uture,written agreemen s wit en er a re er speci ica y to t is ee o rust w e er execu e or e same or different
<br /> purposes than the foregofng);
<br /> (c) any guaranty of obligations of other parties givsn 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 /> e�ended 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 fn 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. Al 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 ihis Deed of Trust,exceed the following amount: $ ��,snn_nn
<br /> This provision shall not constitute an obligation upon or comrrdiment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all arnendmenls,extensions,renewals,modifications,replacements or substitutions to any of the foregoing.
<br /> As used in this 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,warrants and covenants to Lender that:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maintain the Property free of all Ilens,security interests,encumbrances and claims
<br /> except for this Deed of Trust and ihose 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) Granlor ls in compliance in all respects with all applicable federal,state and local laws and regulations,including,without limitaiion,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmental maners(the "Environmental Laws"),and neither the federal government nor any
<br /> other governmental or quasi governmental entity has filed a lien on the Property,nor are there any govemmental,judicial or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grantor's knowledge,ihreatened,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 lo or from the Property. Grantor shall not commit or perrrit 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 /> governmenta�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 subsiances, materials or wastes defined as a"hazardous waste"
<br /> pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendments 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 Environmental Response,
<br /> Compensation and Liability Act, or any amendments or replacements to that statute or any other sirr�lar 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 lo a tenant or subtenani whose operations may
<br /> resuft in contamination of the Property with Hazardous Materials or toxic substances;
<br /> .,...,,..�_.,,..-. P�e 1 d 8
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