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<br /> A�1 D�ED O�TRUST P�a° �'
<br /> � Lo�an No�188 �7�T� ���1.�.� {Continued) — .-���.-��- - --
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<br /> S° Tnnteo.Th�wad'rnute�'mn�a FIA8TiN08 BTATE BANK and any oub�titut�a woatssa�Uudtea. _ � .. ,�".i�' -_
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<br /> � • . Trustor. T!N word'Troatof�mam�ny and sN p«som and�nUtles ex�oudnp thb ONd ot Tnnt,tnotudlnp wflhout NmNa t l o r►a 1 1 Tn�tas n�m�d .� , . •:�• -:��;:
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<br /> TliiB OF.BD OF TRlIST� iNCLlA1N0 TtE Aa81aHtNENT OF RENTB AND TtE QECURITY INTERE8T IM TFE RBNTa AI� PERQONAL ^ ' .��:�i=r
<br /> .. PR6t�1iTtl•18 GWEN YO BEWRH t1)PAYOAGFR Qr^TffE Il1D�lJE83 Mffl �d�PERF01iNAHCE OF AN1/AND ALL OeL�0AT10US AF • .
<br /> .. ,. TRUBTOR UNDER T!R NOTB�TFE R�lATED OOCUMENfB�AND THiB OEFD OF TfiUST. TKIS DE�D OF TRUST 18�IVEN AND ACCEPiED a „ .
<br /> ON TMB fOLLQWINO TERIIISt .
<br /> PAYAABM AND PERFORMANC& Excspt as othe�wise provtded in thls Oeed ot Trust,Tnnta shaUp�Y to Lendw atl unouM�seourM by this DNd . �� .. -,
<br /> `-' of Trust aa tlwy become due,and ehaN eMctfy�nd in a tlmeiy manner pertam tu of Tnnta'e oblipatlms un�Mr ttM Not�,thio Owd of Tnpl,and tM ., ���•
<br /> ' Reteted Dooumenb.
<br /> . • POSSESSION AND MAINT�MANCE OR THE PROPERTY.Tnatot tprees thet Trustors pos�ession and uss of the ProperlY ehettl bs governed by ,
<br /> , the foWowirp ProNslons:
<br /> � � poasea�ton and Ute. Untlt tha ocauROnce of an Event of Cehult,Trusta may (e)remain tn possesston and cont�ol of the Prcpa�ly, (b)uas, , •
<br /> . , operAte or manape tt�P►operly,artd (o)cotteat any Rerns hom the Properly.
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<br /> Duty b UAyntNn.Tnntor sheli malntain the Properly in tenantable conditlon and promptly perlam eU repaire,reptaeementa.and ma�ntennnce -
<br /> � necessary b preserve its vatue.
<br /> H�sudous 8ub�tancet. The terms'heserdous waete�""hata�dous eubatance'•disPosa6"'Yele48e�and'threatened reletse:ss used in this ..
<br /> DeeO o}Trust,shaq have the same meaninps as se!fath in the Comprehensive Envkonmeetai Response,Compensedon,and Lkbitity Aat of I
<br /> t980,as amended,42 U.S.C.Seotion 980t,et seq. ('CERCLA�.the Supertund Amendmenb a�d ReauthodmSon Aot of t988.Pub.L.No. � ;
<br /> - - ' BB--483("'.,At3A'y,!ha Harardous tAate�ls Tre atb++Mt,49 U.3.C.8eatlon 1801�et seq.,the Resource Consenratfon and Recovery Act l _ _— --- - -
<br /> 48 U.S.C.Seadon 8801,et seq.,u other appt�stete a Federet laws,rutes,a reputadons edopted pureuant ro any ot the torepanp. The � �- ,
<br /> ' � terms"hasardous waste'and�rdoua subsfance"ahail alao lnatude,without Iimltadon,petroteum and petroleum by-praducts or any hYadon y
<br /> ihereot and asbestos. Tnretor represetds and wanants to lender thah (e)Dudng the pedod of Trustors ownershtp o!the Propery,there haa �
<br /> been no use,peneratlon,manufanture,etorape,treetment,dlaposal,re�ease or threatened releASa of any tiasardous waste or substance by eny + �'
<br /> perapn on,under,or about the Prape�y r, (b)Trusta has no know�edpe ot,or reason!o beqeve that there hea been,except as preNoush� .
<br /> � disdosed b and acknowtedged by lender In wrldrp. p)any use,generadon,manutaature,stor�pe,treatment,disposat,release,a threatened •
<br /> � retease of tny haaudous waste or aubatance by eny prbr owners or ooaupaMs ot the PtapedY a pl)eny aotual or lhreatened IlGpatlon a � . , .
<br /> ' • � ctaims at eny kind by any person relaUnp to suoh matlers;end (o)Except as preNousty dtsotosed to and ackrtowtedped by Lender in wrlHnp,
<br /> (t) neither 7rustor oor any tennnt,conNactor,agent a other iuthalied user of the P�operty ehN use,esnerate,manufaature,stae,treat, i ,. _
<br /> dlspose ol,o�reiease any hezardous weste or subatance on.under,or about theProp erty end (tl)any suah acrivity el�sil be conducted in ; ,
<br /> aompifance with ali epplloabie federel,stete,and lacat�Swe,regutadons and ordinances,inc�udirp wllhout Ilmitadon those lawa.►eBWaHons,and ;
<br /> ordlnances described above. Tnutor authorizes Lendet and Ila agenta to enter upon the Properly to make euah inspeaHons and tesis,at ' �"..--��•"
<br /> Trustor's expense,es Lender may deem approprlate to determine compllanoe of the Ptop�xly wNh this secdan of the Oeed of Trust My =%` �
<br /> {��y�p�a���}����y���l�q bg�a!$nd�g purpos�only and shall no!be consVUed b create any resPOnsibilly a Ilabiilty on the _-__�,
<br /> part ot lender to Truata or to sny other person. The representattons and warcanNes contained herein 8re besed an Trostor's due tllllpenoa tn ,
<br /> investipatirp the PrcpeAy for hazerdous waste. Trusta hereby (a)reteases and weives any tuture clalms agafnst Lender tor IndemNty ar
<br /> conMbution in the eveM Truator becomes Ilabie tor cieanup or olher costa unde►emr suah taws,and(b)agrees to indemnly and hold harmtess . ,
<br /> Lender agalnst any and atl ctalma,losses.IlabiUtles.damepea.penallies.and expenses whloh Lender may direatly or indlreotty euslain or suNer '
<br /> � resNAng 6om a bresoh of this seotion ot!he Oeed ot Trust a as a cor�sequence of any use,fleneratlon.manutaature,storage.disposat,release '' � �
<br /> a threatened reiease occuMng prior to Trustor's ownerehip a intarest in the Properly,whether a rtot the seme was a ahould have been , ;'
<br /> - known io Tu,�sEur. Tiro Niovulorw ui iriis o8cfl3n ot!!�B OCOd of 7ntst,lttdudln�the ObIlgaHon to Inrtwmnity,ahalt survlve the payment ot the _.I�'
<br /> indebtedness and the saUsfaollon and reaonveyance of the Ilen of thls Oeed of Trust end shal nol be aftected by Lender's acqulsidon of any �;1:J�
<br /> interest in Ihe Properly,whether by torectosure�x otherwiae. i;�'
<br /> NuleAnce,Waste. Trusta ahalt not cause,conduot or permtt any nulsance nor commit,perrtYt,or suNer any s�ipping of a vieate on or to ttre �� j
<br /> Property or any po�don ot the Property. Without timltirtg the generauly of the taegdng,Trusta wttt not remove,a grant to sny other party the
<br /> dght to remove,any timber,minerets(Inctudlnp oii and gas),soft,gravel or rock produots without tbe prla w�ilten consent of Lertdor. ;
<br /> Removd ot Improvementa Trustor shatl not demotish a remove any Improvamonts hom the Reat Property wilhout the p�for wdBen consent . • �.
<br /> ot Lender. As a oondltbn to the removal of any Improvertx�nta,Lender may requlre Trustor to mflke ananpemants sadsfactay to lender lo ,
<br /> teplace such tmprovementa wllh Improvements ot at least equal vaiue.
<br /> Lender's Rlpht to Enter. Lender and its agents and representatives may entar upon the Reat Property at ell reasonaWe Hmes to attend to
<br /> Lenders interests and to tnspect the Properly fa purposes of Trustor's aomptiance wlth the terms aad condlflons of Ihls Oeed ot Trust.
<br /> 'f ComplMnee with Qovemmentel Requtroments. 'fnistor shell promplty aumpty wlth alt tews,adinanc�,and rapulatlau,now a hereener in
<br /> eHect,of eN goveramentai autho�itles appUcabie to the use er xcupanoy o}Ihe Aroperty.Inctuding wHhout Ilmitatlon,the Amerieans Wtth
<br /> OltcablAtles Act. Trustor may conteat in good fallh any such law,ordinance,or regulaHon aM wNhhoid comp�lance dudng any prxeeding,
<br /> including eppropdete eppeafs,so long es Trusfor has notlAed lender in wrl8np p�ia to doing so and so long as,in Lenderg cote opNOn,
<br /> tender'e iNerests In the Property are not Jeopardl�d. Lender may requlre Trustor to post adequate security a a surety bond,teasonabry
<br /> agrisfaotory to Lender,to protect LendePs tnlerest.
<br /> Duty to Protect. Trusta agrees nelther to abandon na Ieave unaftended tha Property. Trusta shal do ell other acfs,in eddlNon to those acts
<br /> set torlh above tn thls aecnon,which Bom the character and use of the Proporty are reasonabiy necessary to protect and preserve the Property.
<br /> OUE ON 8ALE-CONSEN7 BY tENDER. Lender may,at Its opllon,dectare Immedlatety due and psyab�e alt sums seaured by this Oeed ot Trust
<br /> upon the sa�e a transfet,wlthout the lender's prlor w�l8en consent,of eli or any part ot lhe Real Properly.or any interest tn the Reai Properly. A
<br /> "sele or trarnster means the conveyance o}Real Property or any rtght,tltie or inlerest thereln;whether legel,beneflclat a equitebte;whether vduntary
<br /> or invotuntary;whether by ou�f8ht sate,deed,installment sete contrflcl,land contract,conUaat for deed,leasehold inlerest wllh a term greater than
<br /> � Ihre9(3)yeare,�ease-oPUon contracf,or by sate,esslgnment,or transler of any beneNclel inlerest In ar to eny Iend trust hotding Utie to the Reat
<br /> � Ptoperly,or by any othet method at conveyance of Reel Property inlerest. It eny Truator fs e corporatlon.partne►shlp or Ilmlled Ilebflity company,
<br /> y ' hans(er also indudes eny change in ownershlp of more than twenty-flve percent(26%)ot the votlnp stock,partnershlp interests or pmited Mnbitity
<br /> aompany interests,as the cese may be,af Trustor. However,thls optlon shatl not be ezercised by Lender if such exerdse Is prohibited by tederel
<br /> lew or by Nebraska Iaw.
<br /> ' TAXE8 ANQ LIEN8. The fdlowing provislons reiating lo the texes and ifens on the Property ate a pert of this Oeed ot Trust.
<br /> � Pllyment. Trusta ahaq pay when due(and In ail eventa prlor b dellnquency)a1118xes,apedet texes,assessments,charges(Inciuding wafer
<br /> and sewer),Nnes end Imposltlons IeNed agalnst u on accouM ot the Property,and shall pay when due atl ctaims tor work done on a tor
<br /> seMces rendered or materla�furnlahed to the Property. Trustor shett malntaln the Property tree o}ail Iier�s h8ving prlorlb over or equal to the
<br /> ' tnteresf of lender under thls Oeed ot Truat,except for the hen of laxes and assessments not due and except es otherwlse provided In Ihis Deed
<br /> 3 ot Trusl.
<br /> � i litpnt iv i:o�teai. i tusior may wiinnau N6y�Trot�i'v:6i.�:a:�.a�:��'..;":�.^t."!-'�:::t��..eww�n�uxti n�rwf hlfh dlsnule ovef th0 Ob1108N011
<br /> to pay,so bng as LendePs Interest tn the Properiy is not Jeopardt:ed. It a Ilen arises or Is tiled as e resut!of nonpeyment,Trusta shall withln
<br /> flfteen(i6)days eHer the Ilen arises or,if e Ilen Is Illed,wllhin 88een(i6)days after Trustor he8 nodce ot fhe Niing,secure the disaharge ot the
<br /> ; Iien,or If requested by lender,deposlf with Lender cash or a suHiclent corporate surety bond or other securlly satlafaclory lo Lender In en
<br /> � emount suWCient to discharge the Ilen ptus any costs and aflorneys'teas or other charpes that couid acaue es a result of a torectosure or sate
<br /> � ' ' under the Yen. In any contesf,Trustor shal►defend Neelt and Lender and ahaq satlsy any adverse Judgment betore enforcement against the
<br /> � � �� Property. Trusta shalt name Lender as an addldonai obllgee under eny surety bond turnlshed In the contest proceedings.
<br /> ) ; E1►ldenCe of Psyment. Trustor ahatl upon derrf8nd turnlsh to lendar 888sfe4tory eNdence of psyme�t of the tnxes or assessmsnls and shap
<br /> ; � euthorize Ihe approp�iafe govemmentat oHiclal to detiver to Lender at any tlme a written atetement of the taxes and essessmenb agatnst the
<br /> , �' Property.
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<br /> � i:� Notlee of Constntctlon. Trustor shau no8ty Lender at least ttteen(i6)daya before any work is eommenced,any seMces are turnnhed,a any
<br /> 't matedals are suppiled to the Properly,tf any mechantc'a Uen,ma�eriatmen's Nen, or other Nen could be asserted on account of the worlc,
<br /> ; ' seMces,a muterlaFS. Trustor w1li upon request ot Lender turnish to Lender advance essurenoes seMsfactory to lendet that Ttustor cen and wl1
<br /> ! �l; pay the cost ot such tmprovementa.
<br /> � PROPERTY DAMA(iE�NSURANCE. The tollowlnp provlslons retaHng to Insuring the Property are a pe�t ct thls Oeed of Trust.
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