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<br /> ���� 99 110053
<br /> pecording Requested by &
<br /> When Recorded Return To: NEBRASKA 66200107479720001
<br /> US Recordings, Inc. 00485//v�x01 O��
<br /> 222 E Little Canada Rd S#e 125 DEED OF TRUST �
<br /> St. Paul, Mn 55117 ��� ��,��,;'� �
<br /> ___...._._.... __.�.__.__.�__..----.�..__..�
<br /> <: > , .�$OF�F�OW�� �"-----.. ._.... . ...._..._._ _ . ----_...._..�.___..._...._........._._.GRANTOR.._..
<br /> AICK RERWiNER AICKEY ]1. KERSHIJSR, P1ITAICIA A. KBRBfQJER� �JSBAI�TD AI�fD WIFE
<br /> SEE ATTACHliENT A
<br /> psasiicv► uasxi�sa ,ARA RI(� AI,I,EN KERSCgNEg OR RICR KERSHNER
<br /> ARA PATRICIA KERSHNER
<br /> 'ADDRFSB ADDRESs
<br /> 516 8TH BT 6
<br /> OAAND ZoLAND, NE 68801�354
<br /> �EtN44.. ,: i:. ���1TkN�1!1'p+ . ,:: `�i�iF��i4. I' �Ni�IGAfKkI'N0.
<br /> 444-66-6753
<br /> TRU$TEE: II.6. 811NK N1ITIONl1L ]►i80CSATION �,`
<br /> 111RO0, ND 58103 'v�� L��� / 7�Lt �7/n Cj�
<br /> / �1 i"�
<br /> n con t o t oan or ot er cr axo on ere er an any uture a ances or uture igations,as e ne erein,w i
<br /> may hereinafler be advanced or incurred and ihe irust hereinafter mentioned and other good and valuable consideration,the receipt and sufficiency of which
<br /> are hereby adcnowledged, Grantor hereby irrevocably warrents, bargains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> asslgns,IN TRUST WITH POWER OF SALE for the beneflt and secu�ity of v.e. BANK NATI�IAL A880CIATION ND
<br /> ("Lender"), the
<br /> ne i ary u r t s ee o rust,un r an su �ect to t e terms an con tions erem sei fort ,wit ng t o entry and possession all of Grantor's present
<br /> and fulure estata,right,title and interest in and to the real property desc►ibed in Schedule A which is atfached to ihis Deed of Trust and incorporated herein
<br /> by lhls re(erence,topether with all present and future improvemants and fixtures;all tangible persona� property including without limilation all machinery,
<br /> equipment, building materials, and goods ol every nature (excludng consumer goods) now or hereafler located on or used in connection with ihe real
<br /> property,whether or not affixed to ihe land; privileges, hereditaments, and appurtenances including all development �ights associated with the Propehy,
<br /> whether previously or subsequently transferred to the Property from other real property or now or hereafter susceptible of iransfer from this Property to other
<br /> real property;leases,Ucenses and other agreements;renis,issues and proflts;water,well,ditch,reservoir and mineral righis and stxks pertaining to ihe real
<br /> property(cumulatively"Property");to have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successors and
<br /> assi�s,untii payment in full of all Obiigationa secured hereby.
<br /> Moreover,in fuAher consideration,Grarttor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenant,and
<br /> agroe wflh Lender and Trustee and their successors and assigns as foNows:
<br /> 1. OBU(iAT10N8. This Deed of Trust shall aewre the payme�t and perfonnance of all present and future indebtedness, liabilitfes, obligations and
<br /> covenarns o(8onower a Grantor(cumulatively"Oblipatfons")to Lender pursuant to:
<br /> (a)thim Deed of Trust and the following promissory notea and ott�a�eemerns:
<br /> �RIFtGU!�A�,�M017MT1 1'�� > ; AAitAA"rl1RITY I.CAN <
<br /> ' CREQIT iiUHT > AQR6�MF.N�'i�AT@ ._' DAT& NUMBER >
<br /> 45,000.00 09/14/99 09/10/19 66200107479720001
<br /> (b)all other presen or ure,w en agreemen s wi en r a re er s y o is e o rust w e er execu or e aame or different
<br /> purpo'ss than ths forogotnp);
<br /> (c) any guaranty of obifgations of other perties given to Lender now or hereafter executed that refers to this Deed of Trust;
<br /> (dj future advances,whether obligatory or optionai,to the same extent as if made contemporaneously with the execution of this Deed of Trust,made or
<br /> e�Aended on behatf of Gramor w Borrower. Grantor a�ees that if one of ihe Obligallons is a line of credit,the Hen of thfs Deed of Trust shail continue
<br /> until paymem In fuli of all debt due under the{ine noriuithstan�ng the fact that from time to time(but before temination of the line)no balance may be
<br /> outstanding. At no tfine during ihe term of this Deed of Trust or any extensbn thereof shall the unpaid end outstanding secured prindpal future
<br /> advances,rwt Indudtng sums advanced by Lender to protect the security of this Oeed of Trust,exceed the following amount: $ as,nno_o0
<br /> Thla provisbn shall not cons�tute an obligation upon or corm�ttment of Lender to make adc�tional advances or loans to Granlor;and
<br /> (e)all amendments,extensions,renewals,modfflcations,replacements or substitutions to any of ihe foregoing.
<br /> As ussd in ihia Paragraph 1,ihe terms Grantor and Bwrower shall indude and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANT3. Grarnor represems,werrants and�venanta to Lender that:
<br /> (a) Grantor has fee simple me►ketable title to the Property and shall maintain the Property free of all liens,security interests,encumbrances and claims
<br /> exoept tor ihis Deed of Trust end those described in Schedule B,whlch ia ariached to this Deed of Trust and incorporated herein by reference,which
<br /> f3rantor aerees to pay and perform in a timely manner,
<br /> �b) Cirantor is In compllance in all rospects with all appUcable federal,state and local laws and reguletions,including,without Iimitation,those relating to
<br /> Haurdous Materiats,'as defined herein, end ofher environmental metters(the "Environmental Laws"),and neither the federal qovemment nor any
<br /> other govemmantal or quasf govemmental entity has filed a lien on the Prope►1y,nor are there any govemmentel,�dal or adMnfstrative actions with
<br /> reepect to environmantal matters pending,or to the best of the arentw'a knowlsdge,threate�ed,which Involve the nperty. Nehher 4rantor nor,to the
<br /> bast ot Qrentor's krrowledge, any other perty has used, gensrated,released,discharged, atored,or disposed of any Hazardous Materials as defined
<br /> harsin,in oomsction with ths Property or treneported any Hazarda�a Ma�terials to or from the Property. C3ranta shatl not comNt or permit such actions
<br /> to be taken in ths tuture. The tertn"Hazerdous Materials' shall mean any substance, materfal, or waste which (s or becc�mes regulated by any
<br /> govemmanta�authority inciud�'ng,but not limited to,(i)petroleum;(ii)friable or nonfrieble asbestos;(Ui)polychlainated biphenyls;(iv)those substances,
<br /> materials or wastas desi�ated as a"hazardous substence"pursuant to Section 311 of the Clean Water Act or Iistad pursuant to Section 307 of the
<br /> Clean Water Act or any amendmems or replacemerrts to these atatutes; (v)those substanoes, materials or wastes defined as a "hazardous waste"
<br /> p�xwani to Section 1004 of the Resource Conservation and Recovery Ad or any arnendments or replacements to that statute; and (vi) those
<br /> eubstanoea, meterials or wastes defined as a 'hazardous substance" pursuant to Seclion 101 of the Comprehensive Environmental Response,
<br /> Compensatlon and llabfliry Act, or erry amendmerns w replaoert�errts ta that siatute or any other simifar state or federal statute, rule, regulation or
<br /> orcAnana now or hereafter i�effect. Grentor ahaN not lease or pam�t the subleaae of ihe Property to a tenant or subtenant whose operations may
<br /> resWt in oontamination of the Property with Hazardous AAaterfals a toxic wbstarxes;
<br /> wEOOT A.v.�a� P.oa�a s
<br />
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