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<br /> Recording Requested by & o
<br /> US Recordings, ir,c. NEBRASKA 66200107050040001
<br /> 222 E Little Canada Rd Ste 125 DEED OF TRUST 00483//WDB04 �
<br /> St. Paul, Mn 55117 � ' � ' �
<br /> ' , ,.�.; �
<br /> ' '! _: O ;; ' ' < <: ' flR ' '' ' �
<br /> ROBERT I J9NRSR AOBERT I. JIINICBR, HECKET 8. JIINKffit, AQ98AND AND 1PIPE
<br /> HECRET B JONRSR
<br /> AtfD�t�38 /fiF7QFiE88�',' _
<br /> 2517 RIVERBIDE DR
<br /> (iRAND IBLAND, NS 688017643
<br /> ____....... . _ ,.._ _ _._................. ............ __...... ._...._. ___ ____, _.,. __...__. _,,, . _ _ _ __
<br /> 3Ek.EPF10ME�. �'iEl!IT1FICl�TTkMM�1 Nn. 1'EE:E�'il�liE N0. Yi�N'f�IGA'CK�N't10. _
<br /> 507-64-0366
<br /> TRUSTEE: a.s. Hata�c N�►lzaani, associa�xas� ND� �,�) ��J � - G'`P � �
<br /> F11R(i0, ND SB103
<br /> n cons at on o t e oan or ot er cr axommo t on erema er speu e an any ture a ances or ure igat ons,as n erein,w i
<br /> may hereinafler be advanced or incurred and the trust hereinafter merrtioned and other good and vatuable consideration,the receipt and sufficiency of which
<br /> are hereby acknowledged, Grantor hereby irrevocably warrants, bargains, selis, transfers, grams, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the beneflt and security of D.s. H71NR NATIONAL A880CIATION ND
<br /> ("Lender"), the
<br /> ne aary un this eed o rust,under and su ject to t e terms and conditions herein set forth,wtth nght of emry and possession all of Grarnor'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 Trust and incorporated herein
<br /> by this reference,together with all present and future improvements and fixtures;all tangible personal property induding without limitation all machinery,
<br /> equipment, building materfals, and goods af every nature (exclu�ng consumer goods) now or hereafler located on or used in connection wfth the real
<br /> properry,whether or not affixed to the land; privileges, hereditaments, and appurtenances including all developmerit rights assoaated with the Property,
<br /> whether prevfously or subsequently transferred to the Property from other real propeny or now or hereafter susceptible of transfer from this PropeAy to other
<br /> real property;leases,licenses and other agreements;reMs,issues and profits;water,well,ditch,reservoir and mineral rights and stocks pertaining to the real
<br /> property(cumulatively"Property");to have and to hold the Properry and the rights hereby granted for the use and benefit of Lender, his suocessors and
<br /> assigns,untii paymem in full of all Obligations secured hereby.
<br /> Moreover,in fu►ther consideration,Gramor does,for Gramor 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. OBUGATIONS. This Deed of Tn.ist 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)Mis Deed of Trust and the following promissory notes and other agreements:
<br /> RqINC�+AL AMC�UN�f Ndl'p1 < ; �yp'IUR11'Y L01tN
<br /> CR�WT 4�ItIT : I�qRF�M�NF�A'ff aA7& NtJii118�R
<br /> 49,000.00 08/10/99 08/17/09 66200107050040001
<br /> (b)all other present or ure,wntten agreements wit n r t at re er speG ca y to t is e o rust e er execu or s sems or differont
<br /> purpos�d�an 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) tuture advances,whetherobligatory or optional,to the same e�ent as if made contemporaneously with the execution of this Deed of Trust,made or
<br /> extended on behalf of Grarnor or Borrower. Grantor agrees ihat if one of the Obligations is a line of credit,ihe lien of ihis 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 terrnination 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 protect the security of this Deed of Trust,exceed the following amount: $ �9,ono_oa
<br /> This provision shatl not constitute an obligation upon or coRmitment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendments,extensions,renewats,modiflcations,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 BoROwer if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,wanants and covenants to Lender that:
<br /> (a) Grantor has fee simple marketable title to the Property and shall maintain ihe Property free of all liens,security interests,encumbrances and daims
<br /> except for this peed of T►ust 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 perfonn in a timely manner; a
<br /> (b) Granior is fn compliance in all respects with all applicable federal,state and local taws and regulations,including,without limhation,those relating to
<br /> "Hazardous Materials,"as defined herein,and other environmemal matters(the "Environmental Laws"),and neNher the federal govemment nor any
<br /> other govemmentat or quasi govemmental ernity has filed a lien on the Property,nor are there any govemmental,judiaat or adminisirative actions wiih
<br /> respect to environmer�al matters pending,or to the best of the Grantor's knowledge,threatened,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 /> hereln,in connection whh 1he Property or transported any Hazardous Materials to or from the Property. Grantor shall not commit or pemwt such actions
<br /> to be taken in the tuture. 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)friable or nonfriable asbestos;(iii)polychiorinated 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 replacemerns to these statutes; (v)those substances, materials or wastes defined as a "hazardous waste"
<br /> pursuant to Section 1004 of ihe 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 Environmernal Responae,
<br /> Compensation and Liability Acl, or any amendments or replacemerns to that statute or any other similar state or federal statute, rule, repulation or
<br /> ordinance now or hereaiter in effect. Grantor shall not lease or pemxt the sublease of the Property to a tenarrt or subtenant whose operations may
<br /> resuft in contamination of the Properry wilh Hazardous Materials or toxic substances;
<br />
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