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<br /> NEBRASKA 662ooio6�3o�90001
<br /> DEED OF TRUST oo4ss�/v�xoi
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<br /> e4HRK CADWALADBR e�xx c�wxuanaR, NANCY CADNAL7IDBR bpth single persons �(�
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<br /> 2407 4TH 8T i�
<br /> ciRAND IBLAND, NS 688034507
<br /> ?Ei:EPHOME D10. ; K►EN'YI�JL"11TkiNiNi�, ii i 7ELE�kIGNE310 ; ;i
<br /> k N ;: ]l�lITf7CAIKM!I NO. :::
<br /> 505-08-6348 , _
<br /> TRUSTEE: II.B. B11NR N]►TIOL1l1L 11880CZATION
<br /> FARQO, ND 58103
<br /> n consi eration o t e oan or ot er cr tt acco tion ereina er spea an any ure a ances or ture igations,as e me erein,w ic
<br /> may hereinafler 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 iRevocably warrants, bargains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefil and security of D.B. HANK NATIONAL A880CUTI�T ND
<br /> ("Lender"), the
<br /> bene aary under this e o rust,un r an su ject to t e terms an con itions erein set ort ,wit ng t o entry an possession all o rantor's present
<br /> and future estate,right,title and interest in and to the real property described in Schedule A which is ariached to this Deed of Trust and incorporated herein
<br /> by this reference, together with all preserrt and future improvements and fixtures;all tangible personal property including 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 not affixed to the land; privileges, heredhaments, and appurtenances including all development rights associated whh 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 proftts;water,well,dhch,reservoir and mineral rights and stocks pertaining to the real
<br /> property (cumulatively"Property");to have and to hoid 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 shaii secure the payment and pertormance of all present and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Grantor(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the foliowing promissory notes and other agreements:
<br /> p'�tl►�A#,�MOUN�t ; iZQ�t; ' ' #kA�t f.�DAN
<br /> ' CR�QIF�T.: ' : �AqRF.&MEMF t?A'IR �?1rT� .. ;;
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<br /> 31,140.50 07/26/99 08/01/19 66200106730790001
<br /> (b)all other preserri or uture,wrmen agreemen s wtt en r t at re er spea ca y to t is o rust e er execu or e same or different
<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 sarne extent as if made contemporaneously with the execution of this Deed of Trust,made or
<br /> exiended on behalf of Grantor or Bonower. Grantor agrees that if one of the Obligations is a line of cxedit,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 tfine to time(but before termination of the Iine)no balance may be
<br /> outstanding. At no time during the term of this Oeed of Trust or any extension thereof shall the unpaid and outstanding secured prindpal future
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ �, ,an_so
<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 Borrower shall indude and also mean any Grantor or BoROwer if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenarrts to Lender that:
<br /> (a) Grantor has fee simple marketable thle to the Property and shall maintain 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 timely manner;
<br /> (b) Graritor is in compliance in all respects with all applicable federal,state and local laws and regulations,induding,without limitation,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmerrtal matte�s(the"Environmental Laws"),and neither the federal govemment nor any
<br /> other govemmental or quasi govemmental eMity has filed a lien on the Property,nor are there any govemmental,judidal or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grantor's lv�owledge,threatened,which involve the Property. Nehher 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 f�om the Property. Grantor shall not corrrnit or pem�it 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 /> govemmental authority including,but not limited to,(i)petroleum;(ii)fiable or nonfiable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substanoe" pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the
<br /> Clean Water Act or any amendmerrts or replaoements 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 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 replacemerrts to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance nbw or hereafter in effect. Grantor shall not lease or pem9t the sublease of the Property to a tenarri or subtenant whose operations may
<br /> resuh in cornamination of the Property with Hazardous Materials or toxic substances;
<br />
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