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<br /> `R�co�dfng R2quest�tt-by�
<br /> when Recorded Return To: NEBRASKA 66200107212170001
<br /> US Recordings, Inc.
<br /> 222 E Little Canada Rd Ste 125 DEED OF TRUST 00485//VJN01 �
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<br /> TRUSTEE: II.B. BANR NATIONAL A880CIATION �
<br /> lAR60, ND 58103
<br /> n consi ration o t e oan or ot er cr rt acco tion ereina er spea an any ure a ances or ure �gations,as n erein,w i
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration,the receipt and suffiaency 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.B. gANK NATIdIiAL ABSOCIATION ND
<br /> ("Lender"), the
<br /> bene ciary under this eed of Trust,under and subject to the terms and conditions herein set forth,with right of ernry and possession all of Grarrtor's present
<br /> and future estate,right,title and irrterest 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 improvemerns and fixtures;all tangible personal properry 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 ihe 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 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;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 Property and the rights hereby grarrted 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,Grarrtor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenarrt,and
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBUGATIONS. This Deed of Trust shall secure the paymerrt and perfomiance of all preserit and future indebledness, liabilities, obligations and
<br /> covenaMs of Borrower or Grantor(cumulaiively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the following promissory notes and other agreements:
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<br /> (b)all other presem or ure,w en agreements w n r t at re e�spea y to t s o rust x exscu or s same or differont
<br /> purposea than the foregoing);
<br /> (c) any guaranty of obligations of other parties given to Lender now or hereafter executed thal refers to this Deed of Trust;
<br /> (d) future advances,whether obligatory or optional,to the same extern as if made corrtemporaneously with the execution of this Deed of Trust,made or
<br /> extended on behalf of Grantor or Borrower. Grarrtor 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 nohnrithstanding the fact that from time to time(but before termination of the line)no balance may be
<br /> outstanding. At no time during the tenn of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured principal future
<br /> advances,not induding sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ Go soo nn
<br /> This provision shall not constitute an obligation upon or cort7trtment of Lendor to make additional advancss or loans to Grantor,and
<br /> (e)all amendments,extensions,renewals,modifications,replacemerrts 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 Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grarnor represerrts,warrants and covenants to Lender that:
<br /> (a) Grarrtor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security irrterests,encumbrances and claims
<br /> except fo�this Deed of Trust and those described in Schedule B,which is attached tQ 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 respects with all applicable federal,state and local laws and regulations,induding,without limitation,those relating to
<br /> "Hazardous Mate�ials,"as deflned herein,and oiher environmental matters(the "Environmemal Laws"),and neither the federal govemment nor any
<br /> other govemmernal or quasi govemmernal entity has filed a lien on the Property,nor are there any govemmerrtal,judidal or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grarrtor'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 /> herein,in connection with the Property or transported any Hazardous Materials to or from the Property. Grantor shall not corrxrrt or permit such actions
<br /> to be taken in the future. The term "Hazardous Maierials" shall mean any substance, mate�ial, or waste which is or becomes regulated by any
<br /> govemmental authority induding,!wt not limited to,(i)petrolsum;(fi)fiable or noniriable asbestos;(iii)polychlorinated biphenyls;E1v)those substances,
<br /> mate�ials or wastes designated as a"hazardous substance"pursuarrt to Seclion 311 of the Clean Water Act or listed pursuam to Section 307 of the !
<br /> Clean Water Act or any amendmerns or replacemerrts to these statutes; (v)those substances, materials or wastes defined as a"hazardous waste"
<br /> pursuarn to Seclion 1004 of the Resource Conservation and Recovery Act or any amendments 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 Ernironmental Response,
<br /> Compensatfon and Liabiliry Act, or any amen�nems or replacemerns to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance nbw o�hereaRer in effect. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may
<br /> resuR in comaminaiion of the Property wfth Hazardous Materials or toxic substances;
<br />
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