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<br /> �', NEBRASKA "66aoo1 6836230001 •
<br /> DEED OF TRUST 00358//CRHil
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<br /> BHIRLBY ZBIGLER HRYAN ARTSIIR, JOCELYN J. ARTHQR, 8BH A'1TACIfl[ffiJT A ���
<br /> HRYAN ARTHUR
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<br /> 916 AVffiJUE D
<br /> COZAD, NE 691301843
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<br /> 508-64-9869:::::::....................
<br /> TAUSTEE: II.B. BANR N]►TlaliAL A880CIATION
<br /> F71R60, ND 58103
<br /> n cons rat on o t e oan or ot er cr d acco t on ereina er spea an any ure a ances or ure gations,as n ere n,w i
<br /> may hereinafter be advanced or incurred and the trust hereinafter merrtioned and other good and valuable consideration,the receipt and sufficiency of which
<br /> are hereby adviowledged, Grarnor hereby irrevocably warrants, bargains, selis, transfers, grants, conveys and assigns to Trustee, his suooessors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and sec;urity of II.e. HANR NATIONAL 1�B80CIATION ND
<br /> ("Lender"), the
<br /> bene aary under t is o rust,under and sub�ect to t e terms an con ions erein set fort ,wrt ng o entry an possession I of Grantor's preseM
<br /> and future estate,rigM,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 preserrt and future improvemerrts and fixtures;all tangible personal property induding without limitation all machinery,
<br /> equipmerrt, 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, hereditaments, and appurtenances induding all developmerrt rigMs assoaated with the Properry,
<br /> whether previously or subsequently transfeRed 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 agreemerns;rents,issues and profits;water,well,ditch,reservoir and mineral rigMs and stodcs pertaining to the real
<br /> property(cumulatNely"Properry");to have and to hold the Properry and the rights hereby granted for the use and benefit of Lender, his successors and
<br /> assigns,uMfl paymerd in full of all Obligations secured hereby.
<br /> Moreover,in further consideration,Grantor does,for Grantor and GraMor's heirs,represerrtatives and assigns,hereby expressly warrarrt,covenarn,and
<br /> agree wfth Lender and Trustee and their suxessors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the paymern and performance of all preseM and future indebtedness, Iiabilities, obligations and
<br /> covenarrts of Borrower or Grarnor(cumulatively"Obligations")to Lender pursuarrt to:
<br /> (a)this Deed of Trust and the following promissory notes and other agreemerrts:
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<br /> 24,870.00 07/30/99 07/30/19 66200106836230001
<br /> (b)all other preserrt or ure,w en agreeme s w n r a re er speu� y o s o rust er sxecu r s sams or dMferont
<br /> purposss fhan the forogoing);
<br /> (c) any guararny 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 exterrt as if made corttemporaneously wfth the execution of this Deed of Trust,made or
<br /> extended on behalf of Grantor or BoROwer. Grantor agrees that if one of the Obligations is a line of cxedit,the lien of this Deed of Trust shall corrtinue
<br /> urrtil paymern in full of all debt due under the Ifne 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 prinapal future
<br /> advances,not indu�ng sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amourrt: , za,s,e_en
<br /> This provision shall not constitute an obligation upon or com�tmerrt of Lender to rrreke additional advances or loans to Grarnor;and
<br /> (e)all amendmems,extensions,renewals,modifications,replacemerrts or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the temis Gramor and Borrower shall indude and also mean any Grarnor or BoROwer if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES ANO COVENANTS. Grantor represems,warrants and covenams to Lender that:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maitrtafn the Property free of all liens,security interests,encumbrances and daims
<br /> exoept for this Deed of Trusi and those des<xibed in Schedule B,which is attached to thfs Deed of Trust and incorporated herein by reference,which
<br /> Gramor agrees to pay and perform in a timely menner;
<br /> (b) Grarrtor is in compliance In all respects with all applicable federal,state and local laws and regulations,induding,without limitation,those relating to
<br /> "Fiazardous Materials,"as deflned herein,and other ernfronmental matters(the"Environmental Laws"),and nefther the federal govemment nor any
<br /> other govemmerrtal or quasi govemmental entity has filed a lien on the Property,nor are there any govemmental,judidal or administrative actio�s wfth
<br /> respect to ernironmerrtal matters pending,or to the best of the Grarrtor's Iv�owledge,threatened,which invoNe the Property. Neither Grantor nor,to the
<br /> best of Grarnor's Iviowledge,any other party has used, generated,released,discharged, stored,or disposed of any Hazardous Materials as defined
<br /> herein,in connection wfth the Properry or transported any Hazardous Materials to or from the Property. Gramor shall not cortrr�t or pemit 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 /> govemmerrtal authority induding,but not Hmited to,(q petroleum;(ii)friable or nonfriable asbestos;(ifi)polychlorinated bfphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substanoe"pursuarrt to Section 311 of the Clean Water Act or listed pursuarrt to Section 307 of the
<br /> Clean Water Act or any amendmerrts or replaoements to these statutes;(v)those substances, materials or wastes deflned as a"hazardous waste"
<br /> pursuarn to Section 1004 of the Resource Conservation and Recovery Ac1 or any amendmerrts or replacemerrts to that statute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Ernironmernal Response,
<br /> Compe�sation and Liabiliry Act, or any amendmerrts or replacements 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 pertHt the sublease of the Property to a tenarrt or subtenarrt whose operations may
<br /> resuft in coMamination of the Property with Hazardous Materials or toxic substances;
<br />�
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