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<br /> ��Orc►ing Requesxed by 8�
<br /> When Recorded Return To: NEBRASKA 66200107833400998
<br /> US Recordings, Inc.
<br /> 222 E Little Canada Rd Ste 125 DEED OF TRUST 00485//VJN01 �
<br /> St. Paul, Mn 55117 �•
<br /> �"r� �`"r`�
<br /> >: e�a��c�w�� > � �o > _ _ �
<br /> TERHSA L PICHLSR TBRSBA LYNNE PICHLBR, A BINGLB PBRSON
<br /> . , .'. �::A��;� :; �: . ,; .. ., ..
<br /> , . . ., . . .. . , .. �.i;l����g� ._ _ . .
<br /> 4252 GIIBNTHBR RD E
<br /> PHILLIPB, NH 686659603
<br /> T�1.EPH�MEMO. JI ! ''NfENT1F(CATkiNNQ ; TEC,�FkION,E,;:NO. '. :;: ',�l'I'�IGA'Yk3NN0.
<br /> 506-84-3733
<br /> TRUSTEE: II.B. BANIC NATZONAL A890CIATION N�. �.
<br /> FARGO, ND 58103 j..�� '� ��S�,
<br /> n consi eration of t e loan or ot er cre it acco ation ereina er speci ie an any uture a ances or uture b igations,as e ined erein,which
<br /> may hereinafter be advanced or incurced and the trust hereinafler mentioned and other good and valuable consideration,the receipt and sufficiency 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. BANK NATIONAL A880CIATION ND
<br /> ("Lender"), the
<br /> benefiaary under this Deed of Trust,under and sub�ect to the terms and conditions herein set forth,with right of entry and possession all of Grantor'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,togeiher with all present and future improvements and fixtures;all tangible personal property including without limitation all machinery,
<br /> equipmeni, building materials, and goods of every nature (excluding consumer goods) now or hereafter located on or used in connection with the real
<br /> property,whether or no1 affixed to the land; privileges, hereditaments, and appurtenances including all development rights associated with the Property,
<br /> whether previously or subsequently transferred to the Property from other real property or now or hereafter susceplible of transfer from this Property to other
<br /> real property;leases,licenses and other agreements;rents,issues and profits;waler,well,ditch,reservoir and rr�neral rights and stocks pertaining to the 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 /> assigns,until payment in full of all Obligations secured hereby.
<br /> Moreover,in further consideration,Grantor does,for Grantor and Grantor's heirs,representatives and assigns,hereby expressly warrant,covenant,and
<br /> agree with Lender and Trustee and their sucxessors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the payment and performance of all present and future indebtedness, liabilities, obligations and
<br /> covenants of Borrower or Grantor(cumutatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the following promissory notes and other agreements:
<br /> RRI�IG;E,�AL AMOUNTf `: NQl'PJ bt/k113�I1'TY :.: LOAN...:
<br /> '' GR�RIT�,{Nt4T AGif�F»&M�M��tA1'f iiATE `:: N�[�f.B.ER.
<br /> 14,900.00 10/18/99 10/18/29 66200107833400998
<br /> (b)all other present or uture,wntten agreements wit en r t at re er spea ica y to t is ee o rust w e er execu or e same or different
<br /> 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,made or
<br /> extended 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 Trust shall continue
<br /> until payment in full of all debt due under the line noiwithstanding the fact that from time to time(but before termination 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 ihe security of this Deed of Trusi,exceed the following amount: $ ,a,900_on
<br /> This provision shall not constitute an obligation upon or corrunitment of Lender to make additional advances or loans to Grantor;and
<br /> (e)all amendments,extensions,renewals,rnodifications,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 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 title to the Property and shall maintain the Property free of all liens,security interests,encumbrances and claims
<br /> except for ihis Deed of Trust and those described in Schedule B,which is attached to this Deed of Trust and incorporated herein by reference,which
<br /> Grantor agrees to pay and pertorm 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 limitalion,those relating to
<br /> "Hazardous Materials,"as defined herein, and other environmental matters(the "Environmental Laws"),and neither the federal government nor any
<br /> other governmental or quasi governmental entity has filed a lien on the Property,nor are there any governmental,judicial or administrative actions with
<br /> respect to environmentai 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 knowiedge, 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 commit or permit such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> governmental authority including,but not limited to,(i)petroleum;(ii)friable or nonfriable asbesios;(iii)polychlorinated biphenyls;(iv)those substances, �
<br /> materials or wastes designated as a"hazardous substance" pursuant to Section 311 of the Ciean Water Act or listed pursuant to Section 307 of the
<br /> Clean Water Acl or any amendments or replacements to these statutes; (v)those substances, materials or wastes defined as a"hazardous waste"
<br /> pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute; and (vi) those
<br /> substances, materials or wasles defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmental Response,
<br /> Compensation and Liability Act, or any amendments or replacemenis to that statute or any'other similar state or federal statute, rule, regulation or
<br /> ordinance now or hereafter in effect. Grantor shall not lease or permit the sublease of the Property to a tenant or subtenant whose operations may
<br /> result in contamination of the Property with Hazardous Materials or toxic substances;
<br />
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