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<br /> After Recordation Return to: � N o � f
<br /> IInion Bank & Truat N Z
<br /> Graad Island Branch p
<br /> 2008 N Webb Rd • ,
<br /> Grand Island, NE 68803 �
<br /> 9's��$'�l0
<br /> iN a�� ..::$��.
<br /> _ DEED OF TRUST �
<br /> ::; . ;:BfiR�iC�Yfl�R >. ; • : -
<br /> �i�Ft'EbR '
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<br /> Roy Lynn Roy L Lynn, hubaad and wife '
<br /> �Sharon Lyan Sharon L Lynn, husband and wife � �
<br /> �kt?t�R� _, , _, '
<br /> lkb#SNI�SS
<br /> 1610 W North Front St 1Glf� W' N'ortTi #ront 'St
<br /> Grand Island, NE 68801 Grand Ialarid, NE 68801
<br /> 'i'�tEPF1QNE N4 ;;: :<. :IpENT#FXGRTIQDI Mi?: . '1'EL.EpHi�hE6N�; ; IDENilF3�1(f�l FK?:::
<br /> ;: ` '
<br /> (308) 384-2531 508507234 (308) 384-2531 508507234
<br /> TRUSTEE: IIi110A Bank & Trust Company Grand Islaad Branch
<br /> 2008 N Webb Road, Grand Island, NE 68803
<br /> In consideration of the loan or other credit accommodation hereinafter specified and any future advances or future Obligations,as defined herein,
<br /> which may hereafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration, the receipt and
<br /> sufficiency of which are hereby acknowledged Grantor hereby irrevocably bargains, sells, transfers, grants, conveys and assigns ta Trustee, his
<br /> successors and assigns,in trust,for Union �ank & Trust Grand Islat�d Branch Z008 N Webb Rd Grand
<br /> Islaad, NF3 68803 ("Lender"), the
<br /> beneficiary under this Deed of Trust, with power of sale and right of entry and possession all of Grantor's present and future estate, right,title and
<br /> interest in and to the real property described in Schedule A which is attached to this Deed of Trust and incorporated herein by this reference,together
<br /> with all present and future improvements and fixtures;all tangible personal property,including,without limitation,all machinery,equipment,building
<br /> materials,and goods of every nature (ex�luding household goods)now or hereafter located on or used in connection with the real property,whether
<br /> o; nct af�ixed to the �ard; ail privileges, heredi;aments, and appurtenances; including aii developme:�t riyhts associated witn the real property,
<br /> whether previously or subsequently transferred to the real property from other real property or now or hereafter susceptible of transfer from this real
<br /> property to other real property; ali leases, licenses and other agreements; all rents, issues and profits; all water, well, ditch, reservoir and mineral
<br /> rights and stocks pertaining to the real property(cumulatively"Property");to have and to hold the Property and the rights hereby granted for the use
<br /> and benefit of Trustee,his successors and assigns,until payment in full of all Obligations secured hereby.
<br /> Moreover, in further consideration, Grantor does, for Grantor and Grantor's heirs, representatives, successors, and assigns, hereby expressly
<br /> warrant,covenant,and 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 /> covenants of Borrower or Grantor(cumulatively"Obligations")to Lender pursuant to:
<br /> a this Deed of Trust and the foliowin romisso notes and other a reements:
<br /> `
<br /> 1 ;. E T. !: PftIN :IPALAM:t�T ? �NO�N !: _.:.11�A Rl�lf . .:; U T MER L.,,';:N
<br /> >:>RA'F� ' >: �R£DI'f UNqT >; .,;A�iitEEMEf4'1`::CrAT£ <:: . .DATE >::: NU�BER: NU1N@EB
<br /> FIXED $15,275.82 08/26/99 09/03/04 500619 kh 350255
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<br /> (b) all other present or future written agreements with Lender that refer specifically to this Deed of Trust (whether executed for the same or
<br /> different 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,
<br /> made or extended to or 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
<br /> Trust shall continue until payment in full of all debt due under the line notwithstanding the fact that from time to time (but before termination of
<br /> the line) �o balance may be outstanding� At no time shall the lien of this Deed of Trust, not including sums advanced to protect the security of
<br /> this Deed of Trust,exceed$30,551.64 ;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 include and also mean any Grantor or Borrower if more than one.
<br /> 2. REPRESENTATIONS,WARRAk"tiES AND COVENt'.NTS. Gra�tor represen2s,warrants ar�d cuvenants:o Lendar that:
<br /> (a) Grantor has fee simple marketab�e title to the Property and shall maintain the Property free of all liens,security interests, encumbrances and
<br /> claims except for this Deed of Trust and those described in Schedule B, which is attached to this Deed of Trust and incorporated herein by
<br /> reference,which Grantor agrees to pay and perform in a timely manner;
<br /> (b) Grantor is in compliance in all respects with all applicable federal, state and local laws and regulations, including, without limitation,those
<br /> relating to "Hazardous Materials," as defined herein, and other environmental matters (the "Environmental Laws"), and neither the federal
<br /> government nor the state where the Property is located nor any other governmental or quasi governmental entity has filed a lien on the Property,
<br /> nor are there any governmental,judicial or administrative actions with respect to environmental matters pending,or to the best of the Grantor's
<br /> knowledge,threatened,which involve the Property. Neither Grantor nor,to the best of Grantor's knowledge,any other party has used,generated,
<br /> released, discharged, stored, or disposed of any Hazardous Materials as defined herein, in connection with the Property or transported any
<br /> Hazardous Materials to or from the Property. Grantor shall not commit or permit such actions to be taken in the future. The term "Hazardous
<br /> Materials"shall mean any substance, material,or waste which is or becomes regulated by any governmental authority including, but not limited
<br /> to: (i) petroleum; (ii) friable or nonfriable asbestos; (iii) polychlorinated biphenyls; (iv) those substances, materials or wastes designated as a
<br /> "hazardous substance" pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the Clean Water Act or any
<br /> amendments or replacements to these statutes; (v) those substances, materials or wastes defined as a"hazardous waste" pursuant to Section
<br /> 1004 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute;and (vi)those substances,materials or
<br /> wastes defined,as a"hazardous substance"pursuant to Section 101 of the Comprehensive Environmental Response,Compensation and Liability
<br /> Act,or any amendments or replacements to that statute or any other similar state or federal statute,rule,regulation or ordinance now or hereafter
<br /> in effect. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may result in contamination of
<br /> the Property with Hazardous Materials or toxic substances;
<br /> (c) All applicable laws and regulations, including,without limitation,the Americans with Disabilities Act,42 U.S.C. Section 12101 et seq. (and all
<br /> regulations promulgated thereunder)and all zoning and building laws and regulations relating to the Property by virtue of any federal, state or
<br /> municipal authority with jurisdiction over the Property, presently are and shall be observed and complied with in all material respects, and all
<br /> rights,licenses,permits,and certificates of occupancy(including but not limited to zoning variances,special exceptions for nonconforming uses,
<br />, and final inspection approvals),whether temporary or permanent,which are material to the use and occupancv of the Prooertv.oresentiv are and �
<br />
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