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<br /> When Recorded Return To: NEBRASKA 66200103026530002
<br /> US Recordings, inc.
<br /> 222 E �itt�e �anada Rd ste �2s - DEED OF TRUST oo4s5���3a
<br /> St. Paul, Mn 55117 � /�La�7v37 �S ,
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<br /> RIITH 1[ r�v�rncs Ruth M Franks, a single person
<br /> Julie A. Smaha and Jeffrey J. Smaha, husband
<br /> �r.�a a sx�►sn and wife
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<br /> 705 x iSTS sT
<br /> GRAND IBL7IND, NE 68803
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<br /> 574-10-6459 ............................................................
<br /> TRUSTEE: D.8. 811N1C N7ITIONIIL 11680CI�TIQ�1 D, (�� ° '� �� h �/E ��1
<br /> rL8G0, ND 58103
<br /> n oons� t on o t oan or o er on ere na er s an any ure a ances or ure igations,as n erein,w
<br /> may hereinaiter be advanced or incurred and the trust herefnafter meMioned and other good and valuable consideration,the receipt and suffldency of which
<br /> are hereby adv�owledged, GraMor hereby irrevocably warrants, bergains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the beneflt and security of II.s. su�x x�►�aau. �,eeocv►zzari rm
<br /> ("Lender"), the
<br /> ne un r t s o rust,un r su �ect to e tem�s con ons ere n set ort ,w o errtry an posses on o rantor's preserrt
<br /> and future estate,r(gM tRle and irnerest in and to the real property described in Schedule A which Is attad�ed to this Deed of Trust and incorporated herein
<br /> by this reference,together wRh all preserrt and future improvements and flxtures;all tangide personal property induding without IimitaUon all machinery,
<br /> equipme►rt, building rnaterials, and goods of every nature (exduding consumer goods) now or hereafter lacated on or used in connection with the real
<br /> property,whether or not affixed to the land; privileges, hereditarnents, and apFwrtenances indu�ng all developmerrt rigMs essociated with the Properry,
<br /> whether previously or subsequently transferred to the Property trom other real property or now or hereafter wsceptide of transfer from this Property to other
<br /> real property;leasos,Iicenses and other agreernarrts;rerrts,issues and proflts;water,well,ditch,reservoir and minerel rigMs and stodca pertatnfng to the real
<br /> property(cumulatively'Property`);to have and to hold the Property and the rigMs hereby granted for,the use and benefit of Lender,his suxessors and
<br /> assigns,urnil paymerrt in full of all OblipaUons secured hereby.
<br /> Moreover,in further consideraUon,Grantor does,for Grantor and Cirantor's heirs,representatives and assigns,hereby expressly warrarn,covenant,and
<br /> egree with Ler�der and Trustee and their suxessors and assigns as follows:
<br /> 1. OBUGATIONS. This Deed of Trust shall secure the paymerrt and performance of all preserrt and future indebtedness, Ifabilities, obligations and
<br /> covenants of Borrower or Gremor(cumulatively'ObUgations'�to Lender pursuarrt to:
<br /> (a)this Deed of Trust end the following promissory notea and other agreemerns:
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<br /> 32,057.39 OS/12/99 OS/24/09 66200103026530002
<br /> (b)all other pre or ure,w en agree s w n r re er s y o s o rus s x exscu or e same or different
<br /> purposes than ths forsgoing);
<br /> (c) any guararny of obligaUons of other paNes given to Lender now or hereafter exe�x�ted that refers to this Deed of Trust;
<br /> (cn h�ture advenoes,whether obllgatory 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 Obl(gations is a Iine of cxedtt,the Ilen of thfs Deed of Truat shall continue
<br /> until paymern in full of all debt due under the Ifne notwithstan�ng the fact that from dme to time(but before termfnation of the Iine)no balance may be
<br /> outstan�ng. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured prindpal future
<br /> advances,not induding sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amourrt: � +� ns,_+o
<br /> This provision shall not constftute an obUgaUon upon or cortrr�itment of Lender to rnake additional advances or loans to GreMor;and
<br /> (e)all amendments,extensions,renewals,modiflcations,replacements or substitutions to any of the foregoing.
<br /> As used in this Paragraph 1,Uw terms Grantor and 6orrower shall indude and also mean any Grarrtor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that:
<br /> (a) Grarnor has fee simple marketable tiUe to the Property end ahell meintain the Property free of all Ilens,security IMerests,encumbrances and claims
<br /> except for this Deed of Trust and ttrose described in Schedule B,which is attached to this Deed of Trust and inwrporated herein by reference,which
<br /> Grantor agrees to pay and pertorm In a Umely menner;
<br /> (b) Grantor is In compliance in all respects wfth all applicable federal,state and locel laws and regulations,Including,without IlmltaUon,those relating to
<br /> Hazardous Materials,'as defined herein,end other ernironmernal mattera(the"Environmernal Laws"),end neither the federal govemmeM nor any
<br /> other govemmental or quasi govemmentei e�r has 81ed a Ifen on the Property,nor are there any govemmeMal,judidal or administrative actions wfth
<br /> respect to ernironmental matters pending,�to the best of the Grantor's Imowledpe,threatened,which irnolve the Property. Neither Grarrtor nor,to the
<br /> best of Grantots Ivwwledpe,any other peAy has used,generated,released,discharged, stored,or dfsposed of any Hazardous Materials as defined
<br /> herein,in connection whh the Property or Vansported any Hazerdous Materials to or irom the Property. Grantor shall not corrrr�t or pem�it such actions
<br /> to be taken In the future. The temi "Hazardous Materials' shall rnean any substance, material, or waste which is or becomes repulated by any
<br /> govemmemal authority induding,but not Ilmited to,(I)petrole�m;(II)Mable or nonMable asbestos;(fiq polychlo�inated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazanious substance'pursuarrt to Sect(on 311 of the Clean Water Act or Iisted pursuant to Section 307 of the
<br /> Clean Water Acl or any amendmerrts or replaoemerrts to these atatutea; (v)those substancea, materials or wastes deflned aa a"hazardous waste"
<br /> pursuarn to Sectlon 1004 of the Resource Conservation and Recovery Act or any amendments or replacemerrts to that statute; and (vi) those
<br /> substanoes, materials or wastes deflned as a "hazardous substance" pursuant to Section 101 of the Comprehensive Environmental Response,
<br /> Compensatfon and LlabilNy Ad, or any amendmerrts w replacemerns 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 pemit the sublease of the Property to a tenant or subtenarrt whose operations may
<br /> result In contamination of the Property wkh Hazardous Materfals or toxic substances;
<br /> NEDOT Rw.1297 Pape 1 d 6
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