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<br /> Recording Requested by & °
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<br /> US Recordings, Inc.
<br /> 222 E�ttt►e Canada Rd ste t2� DEE� OF TRUST 00485//V�7N01
<br /> St. Paul, Mn 55117 �j �-7n��
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<br /> CYNTHIA GORMAN CYNTHIA K GORMAN, A SINGLS PBRSON G
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<br /> 1818 15TH 8T N
<br /> QItaND IBLAND, NE 688033015 �
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<br /> 100-50-2254
<br /> TRUSTEE: Q,g, g}�TR NATI�iAL A880CIATI��}{i�, �
<br /> FARGO, ND SB103 L13��Lj` 1 /�—� �I�.U�W �� �
<br /> In consi eration o the oan or ot er cre it accommo ation ereinafter spea ie and any future a ances or future Obligations,as defined herein,which
<br /> may hereinafter be advanced or incurred and ihe trust hereinafter mentioned and other good and valuable consideration,lhe receipt and sufficiency of which
<br /> are hereby acknowledged, Grantor hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and assigns to Trusiee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of II.S. BANK NATIONAL AS60CIATION ND
<br /> ("Lender"), the
<br /> benefiaary under this Deed of Trust,under and subject to the terms and condhions herein set forth,with right of entry and possession all of Grantor's present
<br /> and future estate,rigM,title and irneresl in and to the real property descxibed in Schedule A which is attached to this Deed of Trust and incorporated herein
<br /> by this reference,together with all preseM and future Improvernents and fixtures;all tangible personal property induding wRhout IfMtation all mechinery,
<br /> equiPment,bulldng me�arfals,�d 9oods a�rY r�u� (eXdudr�p oona�rt�9oo�s) now or h�reafter locsted nn or uesd in connection with the real
<br /> property, whether or not affixed to the land; privileges, hereditaments, and appurtenances fnduding all development rigMs associated wfth the Property,
<br /> whether previously or subsequently transferred to the Property from other real property or now or hereafter susceptible of transfer from this Propeny to olher
<br /> real property;leases,licenses and other agreements;rents,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 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 successors and assigns as follows:
<br /> 1. OBLIGATIONS. This Deed of Trust shall secure the paymerrt 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 and the following promissory notes and other agreemerrts:
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<br /> 20,888.63 11/02/99 11/15/17 66200107995850001
<br /> (b)all other present or uture,wntten agreements wit n er t at re er speci ica y to t is ee o rust 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 oKe of the Obligations is a line of aedit,the lien of this Deed of Trust shall continue
<br /> until payment in full of all debt due under the line notwithstanding th�fact that from time to time(but before terrrunation of the line)no balance may be
<br /> outstanding. At no time during the ierm of this Deed of Trust or any extension thereof shall ihe unpaid and outstanding secured principal future
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ �o,RAA_63
<br /> This provision shall not constituie an obligation upcn or commitment of Lender to make additional advanc�s or loans to Granlor;and
<br /> (e)all amendments,e�ctensions,renewals,modifications,replacemerrts or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,the tem�s 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 sirr�le marketable title to the Property and shall maintain the Property free of all liens,security interests,encumbrances and claims
<br /> except for this 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 perform in a timely manner;
<br /> (b) Grantor is in compliance in ail respects with ali applicable federal,state and local laws and regulations,including,without limitation,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 governrnental or quasi governmental entity has filed a lien on the Property,nor are there any govemmental,judicial or administrative actions with
<br /> respect to environmental 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 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 commit or permit such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, maierial, or waste which is or becomes regulated by any
<br /> govemmental authority including,but not limited to,(i)petroleum;(ii)friable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substance" pursuant to Section 311 of the Clean Water Act or listed pursuant to Section 307 of the
<br /> Clean Water Act 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 replacemenis to that statute; and (vi) those
<br /> substances, materials or wastes defined as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmental Response,
<br /> Compensation and Liability Act, or any amendments or replacements to ihat statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance now or hereafter in effect. Grantor shall not lease or peRnit 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 /> NEDOT Rev.12J7 Pape 1 of 6
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