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<br /> �iter Recordation Retum t0: N c'> z
<br /> IInioa sank & 'rrust p
<br /> Grand Island Branch •
<br /> 2008 N ➢�ebb Rd PO Box 5166
<br /> Grand Island, NE 68802 9 9 1 0 9 9 9 7
<br /> DEED OF TRUST
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<br /> Angela Kohtz Angela L iColitz, a single person ` ' � O�
<br /> Bradley Cornelius
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<br /> 2912 W 17th St 29Y2 1�l �7th St ' -
<br /> Grarld..Islasid, N�3_ 68803 Grand Ialand, NE 68803
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<br /> (308) 381-4271 508212763 (308) 381-4271 508212763 ' ' "
<br /> TRUSTEE: �30I1 Baak & Trust Company Grand Island 8ranch
<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 to Trustee, his
<br /> successors and assigns,in trust,for Union �ank & Trust Grand Island Branch 2008 N Webb Rd FO Box
<br /> 5166, Graad Island N8 68802
<br /> ("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,titte 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 ail present and future improvements and fixtures;all tangible personai property,including,without limitation,all machinery,equipment,building
<br /> materials,and goods of every nature (excluding household goods)now or hereafter located on or used in connection with the real property,whether
<br /> or not affixed to the land; all privileges, hereditaments, and appurtenances, including all development rights associated with the real property,
<br /> whether previously ot subsequsntly transfarrad to the real�raperty from s�ther resi property or now or hereafter susceptible of transfer from this real
<br /> property to other real property; all 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,hi:�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 Oeed 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 flnd the followin romisso notes and other a reements
<br /> INT AE T PRNN PAL14M tli�iT;: F'i#M1p�1 >MATt�RITIt k! T MER. : 4 Nl :
<br /> <: f��E ': CREl�tF:i.IN14T '< AQREfN1E14T OtAT£.. ...
<br /> Di4TE.:. ;NUI�BER ..:: ' Nkl�@ER s
<br /> FIXI3D $20,245.00 10/12/99 10/20/04 86055 kh 363810
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<br /> (b) all other present ar 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) no balance may be outstanding At no time shall the lien of this Deed of Trust, not inciuding sums advanced to protect the security of
<br /> this Deed of Trust,exceed$4 0,4 9 0.0 0 ;and
<br /> (e)ail amendments,e:densions,renewals,modifications,repiacements 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,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that:
<br /> (a) Grantor has fee simple marketable�tle to:he Property and shail maintain the Properry free of all liens,security interests,encumbrances and
<br /> claims except tor this Deed of Trust and those described in Schedule B, which is attached to this Deed of Trust and incorporated herein by
<br /> refere�ce,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 "Hazardo�s Materials," as defined herein, and other environmental matters (the "Environmental Laws"), and neither the federal
<br /> government nor the s:ate 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 substanco" 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 definad 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 sha"I not lease or permit the subtease 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 promulga�ed 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 nonconformfng uses,
<br /> and final inapection approvalsl.whether temoerarv nr�p�r„s�o.,. �utiinl�e.e...a�.,.t..i��.�_..____�___ _ ... _
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