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DEED OF TRUST 00483//WDB04 <br /> 222 E Little Canada Rd Ste 125 � <br /> St. Paui, Mn 55117 fj .° �� , -: r� � <br /> < > :; , <: >;: <br /> ;., ,. <br /> > ;. ; ;: ;;6. � <br /> RII�SRLY R fRITB 11RI,EN lRITZ, 1CIDIBERLY tRI1'Z, HII6HAND AND NIl6 <br /> ARL�1 71 lRZTZ <br /> '� i':'. �ii: .;::'i .�#�'� �i�i : -;, ,:�.:`i � 'iii . ..;.�,::i .�.'i . . . ,... ..��,`;.R�M4'N:�Fr� ... . .... .. <br /> �327 CALVIN DR <br /> ORAND IfI.11ND, NE 6B601B711 <br /> T�.E�FIGiIEM�k :! . i: �TK�NNC'!.. .:i' ':;... !�1'10 ;:;.. :i i: ;�fll�'Ifd1kZ10�{�. I <br /> > <br /> 507-06-9701 <br /> TRUSTEE: v.s. e�x�c rv►TTar�u, aseocv►�a�`� <br /> r�, pn seio3 �f- ,� /���-�-`' �-1 L� �-C.c� <br /> n cons� �o or ot axo on erema er spea any uture a ances or ure ons,as <br /> may hereinetler be advanced a incurred and the trust hereinaiter mentioned and other good and valuat�le consideratfon.the receipt and wtHdency of which <br /> are hereby ada�awledged,Grantor hereby hrevocably warranta, bargains, seils, transfers, grants, wrneys and assigns to Trustee, his aucoesaors �d <br /> asaigns,IN TRU3T WITH POYVER OF SALE for the beneflt and secu�ity of o.a. H71NE NATIONAL A880CZ11TION ND <br /> ("Lender"), the <br /> th s o rust,u and su to t e terms an con ons here n set ort ,w o ernry an posaesaion o rantor's presern <br /> and future estate,rigM,t�le and interest in and to the real property des�xibed in Schedule A which ts attached to this Deed of Trusi and fnoorporated hereln <br /> by this reference,together wNh all present and future improvementa and Nxtures;all tangible personal property induding without limitation all machi�ery, <br /> equipnant, buiiding materiais, and goods of every nature (exduding consumar goods) now or hereafter located on or used in connedion with the real <br /> property,whether or not afflxed to the land; privileges,here�tameirts, and appurtenances induding all development�igMs associated with ths Propsrty, <br /> whethe►previously or subsequently transferred to the Properly from other real property or now or hereaRer susceptible of transfer from this Propsrty to other <br /> real property;leases,Iicenses and other agreements;rerns,issues and profits;wate�,well,d'rtch,reservoir and mineral rights and stocks pertaining to the real <br /> property(cumulatively"Properly");to have and to hold the Properry and the tights hereby granted for the use and beneflt of Lender,his suaessors and <br /> asaigns,urrtil paymerrt in(WI of all ObNgations secured hereby. <br /> Moroover,i�turther consideration,Grarnor does,for Grarnor and GraMor's heirs,representatives and assigns,hereby expressly warrarrt,oovenern,end <br /> agree wfth Lender and Trustee and their successors and assigns as followa: <br /> 1. OBLKiA710NS. Thls �eed of Trust ahall secure the payment and performance of all preserrt and future indebtedness, liabilftfes, obligations and <br /> oove�arns ot Borrower a ararnor(axnulatively"ObOgations")to Lender pursuant to: <br /> (a)thia Deed of Trust and the bibwing promissory notes and other agreemeMS: <br /> '' �A�,�IYI+�t ': ; ;�Qrittt , �� ; �.plkN'; <br /> i�Rl�l'f L�T < Aq�E�M�M�'RA'I`�::... DA`f� . >!.. . .:.:;. �N�116E#�. ; <br /> 50,000.00 09/10/99 11/30/19 66200107418500001 <br /> (b)all other pre or re,w en agreeme s w re er s y o is ee o ru s x execu or s ssms or c8ff«e�t <br /> Pu�pos�s than th�foro9oln9); <br /> (c) arry gueranty of obligations of other perties given to Lender now or hereafler executed that refers to this Deed of Trust; <br /> (d) lulure advsnces,whether oblfgatory or optional,to the same extent as if inede coMemporaneoualy with the exea�ion of thia Deed of Trust,rt�ade a <br /> extended on behalf of Grantor a Borrower. G►antor agrees that if one of the Obligations is a line of crecfit,the lien of this Deed of Trust shaN ca+iinue <br /> until pey�t�ent fn fuN of aN debt due under the line norivithstanc�ng the fact that from time to time(but before termination of the line)no balanos may be <br /> oulstan�ng. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding aecured prindpal fiAura <br /> advances,not indu�ng sums advanced by Lender to protect the security of this Deed of Trust,exoeed the folbwing amouM: S se,eno_o0 <br /> This p►avhion etbN not oonstltuts an obligetion upon or cornnitmem of Lender to rneke additional advances or bans to Grarnor;and <br /> (e)all arnendrnents,extensions,renewals,modiflcations,replacemerrts or substitutions to any of ihe foregoing. <br /> As used in this Par�raph 1,the tem�s Grantor and BoROwer shall indude and also mean any Grantor or Borrower if rrare than one. <br /> 2 REPRESENTATIONS,WARRAN7IES AND COVENANTS. Grarnor represents,warrants and covenants to Lender that: <br /> (a) G�tor haa fee simple rtre►ketable title to the Property end shall mafntain the PropeAy free of all liens,security iMerests,e�cumbranoes and daims <br /> exaspt for this Oeed oi Truat and ihose deacribed in Schedule B,which ia attached to this Deed of Trust and incorporated herefn by reference,which <br /> carerna apress to pey and perr«m m a ttmely menner; <br /> (b) C�rerrio►is in c;ompliance in aN respects wRh all applicable federal,atate and local laws and regulatbns,induding.without limitation,thoae rolaling to <br /> �Flazardous Materials:as deflned herein,and other environmental mattera(the"Ernironmental Laws").and neither the federal gov�mm�nt norany <br /> od�er govemn�ental or quaai governrnental entity has 81ed a lien on the Property.nor are there any govemmemal,judidal or administrativs aGfon:wNh <br /> reaped to�matters pen�ng.or to the best of the Grantor's Iv�owledge threatened,which irnolve the Property. Nelther Gramor nor.to the <br /> best of Orarnor's any other patty has uaed.9enerated�released.�iscFiarged. stored.or�isposed of any Hazardous Materiels aa definsd <br /> heroin.in oaxiection�Properly a transported any Hazardous Materials to or irom the Property. Grantor ahafl not corm�l or pem�it a�x�actions <br /> to be takan in ihe tutwe. The term"Hazardous Materials" shall mean any substance. material, or waste which is or beoomea regulatad by any <br /> gove►r�►t�authority induding.but rat Amited to.(q petroleum:(Iq Mable or nonfriable asbestos;(i0)polYchlorinated biphenyla:(N)ttioae aubstar�ce:. i <br /> materieda or wastes deaigne4ed as a fiazardous substance"pursuant to Seqion 311 of the Gean Water Act or listed pursuant to 3scUon 307 of ths <br /> (�ean Water Act or any amendmenta or replacemeMs to these statutes;(v)those substances, materials a wastes deflned as a�doua wast�' <br /> pur�nt to Seclion 1004 of the Resource Consenration and Recovery Act or any amendrnerrts or replacemerns to ihat statuto; end (vi) 1FwW <br /> �ibqar�ces, meterials or wastes de8ned as a "hazardous substance" purauarn to Section 101 of the Comprehenaive Ernrkanrt�ernal Reaponss, <br /> CompsnsaHon and LiabWty Act, or any amandmerrts or repiacementa to that statute or any other stmilar state o►federal atatute, rule, repulatlon or � <br /> ordrbnoe nbw or hereafte►in effect. Gramor shall not lease or perm(t the sublease of the Property to a tenaM or subter�am whose operahorn may <br /> rseult in cantanlnalfon of the Property wtth Hazardous Materials or toxic substances; <br />