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A <br /> n n <br /> T i'Ti (!'1 <br /> n � Z � _ <br /> = V � c� C� fI� � <br /> � = N C.O � D � .�-r <br /> � �'''� 2 "'� � C�D <br /> � '3 ` T� --� m <,p Q. <br /> rn �� � ."'� c� d <br /> � i F—� p 'ti'1 � N <br /> �� Q� '�'t Z F-� � <br /> � ��{� � r � � � <br /> rn <br /> � � � r- n' Ca <br /> � � Fy ~ N ~ � <br /> N 7C ,,,+, <br /> ��Y � �v � z <br /> �,�.�-��-� �, � � o <br /> Recording Requested by & �`' <br /> NEBRASKA 66200106704630001 <br /> us Recordings, �nc. DEED OF TRUST 00485//CMB32 �� <br /> 222 E Little Canada Rd Ste 125 `�}� <br /> St. Paul, Mn 55117 �-�.=�;'� } �::?,� ... "� ` <br /> ,; , , ; ; � <br /> ,... > :. >: ±D ; '' <br /> RANDALL S. NI6LSSN RANDALL B. NISLBEN, VALSRIB J. NIBLBSN, HIIBHAND AND WIFB <br /> VALBRIE J NIBLSBN <br /> ; ,.i' . ��:ii .;ii...��1�'.�„� . di . .. �:ii ;,�, :ii. "!:: ., . �<�:i .:iii ... ..ii:��Q�l�'+� � .. . .. ... . . <br /> 2317 VIKING CT <br /> GRAND ISLAND, N8 668031446 <br /> ;13�.EPHGNE�IC <:! '' , ID�I!I;t1FfCA1'kiw I!1�l. . ,,; ,., 7FES�NOf�E:N4 s: '; !; ��N`i'�ICA7k3N N0. <br /> 508-92-4252 <br /> TRUS�E: II.B. BANR NATI�IAL ASSOCIATI�I n g D L � <br /> FARaO, ND 58103 �" � I <br /> n consi ration o t e oan or ot er cr tt acco tion hereina er spea an a ure a ance uture igations,as e in erein,w ich <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 II.s. BANR NATIOd�IAL ASSOCIATION ND <br /> ("Lender"), the <br /> beneficiary under this Deed of Trust,under and subject to the temu 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 Tn�st 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 /> equiprnent, 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 development rights associated with the Property, <br /> whether previously or subsequernly 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,dftch,reservoir and r�neral rights and stocks pertaining to the real <br /> property (cumulatively"Property");to have and to hold the Property and the rigMs hereby granted for the use and benefit of Lender, his successors and <br /> assigns,uMil 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 suxessors and assigns as follows: <br /> 1. OBLIGATIONS. This Deed of Trust shail secure the payment and perfomrance 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 following promissory notes and other agreements: <br /> ' ! p�1il�11#,AN103J�F� ,:: �tQt�'�! MiA`h�3#1'y ' 1.G11N : <br /> GR�RIT:t�t7 ;. . ��M�.M.F�?AAi&>,.: ''..EtJ1TF ' <br /> <NfifN{.B..�Rii > <br />�i <br /> 30,000.00 07/26/99 08/01/09 66200106704630001 <br /> (b)all other present or ture,wrrtten agreements wrt en r t at re er spea i y to t is e o rust e er execu or e same or dlfferent <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 Bonower. 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 prolect the securiry of this Deed of Trust,exceed{he following arnount: $ 3n,nno_o0 <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 substhutions to any of the foregoing. <br /> As used in this Paragraph 1,the temis Grantor and Borrower shall indude and also mean any Grantor or Borrower if more than one. <br /> 2 REPRESENTATION3,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that: <br /> (a) Grantor has fee sirnple marketable tftle 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) Grantor is in compliance in all respecls with all applicable federal,state and local laws and regulations,including,without limitation,those relating to <br /> i "Hazardous Materials,"as defined herein, and other environmental mariers(the"Environmental Laws"),and neither the federal government nor any <br />! other govemmental or quasi govemmental errtfty 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 to or from the Property. Grantor shall not corrmit 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 /> govemmantal authority including,but not limited to,(i)petroleum;(ii)fiable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances, <br /> i 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 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 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 />� resuft in cornamination of the Property with Hazardous Materials or toxic substances; <br /> I -- -- --- ^---.�., � <br />