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<br /> 99�14�1�34 I��ED OF TRU�T P�tge 2 •�'� -- -
<br /> —.�-_
<br /> l.ot��No�aS cconiinuecl) �'4����i��� _�—
<br /> ---.—...�_ --�---- ---_.._..._..—._— --- a
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<br /> Aeni�toperty. The wards�taal Proporty'moan Ih�propnrty,Intcrost�ctnd Apht�dasCribOd ubov.l In Iho"Convoynnco and Grani'c�ctlon. „ � ___
<br /> Etel�ted Documonts. The wad�'R�ted Dxuments" mean and Includd withou!AmilnAnn aA promissory notos,crodil npraomont9,loan
<br /> � doCUrt�10 19911hKhBihOfOw a ateafterne�tln8,o�eCUted In Conna�C an�vllh fhe�ndebtod�d goP trusL and nll other InstrumBnts,agraemont9 and _
<br /> �r -
<br /> Rtnts� The wad'4i�nb'm�anf aN pres�nl�nd tuturs rents,revenua,Incoma,Issueo,royaltio�,profit�,nnd oihor bonefits dodved hom Ihe
<br /> ProPe fi'• ��°
<br /> ' Tiustt0. Tlw word'Trustee'means UNITEO NEBFIASKA BANK.(?RAND ISIAND and ony subsGlule or succossor truslcres. ' __
<br /> Truttor. Tho wad`TrustoP moans any and aM per5ons and onllties exocutinp Ihb Deed of Trust,IncludlnQ withoullimitetion all Trustors nsmed - —_-
<br /> . abotro. . f�
<br /> THl� DEED OF TRUST, INCLUDIN(i T11E ASSIdHMEHT dF RENTS AND THE SECURiIY INTEREST IN THE RENT8 AND PL�FiSONA6. ��
<br /> PROPERTY�18 ti1VEtJ TO liECURE (1)PAYI�ENT OF TFiE iNDEDTE6HE8'�AND (Z)PERFORMAHCE OF ANY AND I11L OD410ATIOHB OF
<br /> TRU9TOR UNDER TF� NO?H, TIIE RO.ATED DOCUM�lITB, AND '�F118 ��D 0� TRU9T. THIS DEED OF TRUST, IHaUD1NQ TFI�
<br /> ASSIGHMENT OF REHTS AHD TFi�BECUIiiTY INTERH9T iN T11E RF.NTS AHD PERSOHAL PROPERTY,IS ALSO(iIVCN TO SECURE AHY , �
<br /> AND ILLL OBLIOATIONS OF 7AUSTOR UHDEA THAT CE'fiTAtN CQH3YRilCYiON LOAN AGRE�MEHT BERYEEH TRUSTO�i AND LE{:D°•.R�F . :_
<br /> EVEN QATE FERElY1TN. AHY EVElJT OF DEFAIA.T UHDER 7'F9E CONi3TRUCTION LOAN AGREERIENT, AR ANY OF TH£ RELAATED . ,�p .
<br /> I OOCUlAENTS RFFEARED TO TFI�REIN,SHAl3.1J.,riO BE AN EVENT OF DEFAI�T UN�ER THIS DEED QF 7RU3T. THE NOTE AHO TMIS '
<br /> Q�D OF TR1J5Y ARE QIVEN ANID ACCEPTEO OH YIlE FOLLOWINO TERMS:
<br /> PAYMENT A!!D PEAFOAMANCE. Excopt as ntharwise provldoA In lhfs Ouud of Trust,Trusta shall pay to Londar a0 e�mounks secured by thls Deod �
<br /> ot Trust e�thsy beCOme Juo,end shu(I SirlCily and In a timaly mannor peAorm all of Trustors oblipatfons undor tha Note,thl;Daed of Trust,and IAo
<br /> � Rolated Docurnents. �
<br /> POSSESSION AND MAINTENAMCE OF 7FfE PROPERTY. Trustor aproes Il�at Trustors possesslo�and use of th0 Proporty shull be govarnod by �
<br /> the totlowlnp provlsior�s: . F�.
<br /> PosNSSlaf�r�A IJN. UntN the occurtence of an Evonl of Default.Tntslor may (a)remnin In possosslon and conlrol af!ho Proporty, (b)use,
<br /> operate or menape the Property,end (o)coilect eny Rents hom the Property. � `-
<br /> - Duty to INMntain. Trusior shaU maintein Ihe Proporly In fenuntable condition and promplly portorm ull repalrs,replacements,and malntenanco t •�``-",�
<br /> necessary to preservo its velue. ,y��
<br /> Hazsrdous Subitances. Ttia terms'ht�snrdou3 waste;"hamrdous substnnce;'disposnl,"Yalenso;and"Ihroatoned retoase,"as usad in this �.','
<br /> Deed o}Trust,shaM have fhe samo meanlnps ss sst torth In tha Comprehensive Environmontnl Response,Campensation,end Llabllity Act of . �.
<br /> ' 1880,as undnded,42 U.S.C.Sectlon 9601,et seq.("CERGl��,the Supertund Amondments and Rosuthodzntion Act ot 1986,Pub.L No. ,��1,''
<br /> g9-499("SAFiA'�,tho H�ardous Materlafs Transportation Ac1,43 U.S.C.Saction 1801,et seq.,the Rosourca Conservntion and Recovory Act, y� �,.,-_
<br /> 49 U.S.C.SecMon F901.ot aeq.,or other epplicable steto a Fadoral 4�ws,rutes,a ropulatlons adopled pursunnt la nny ot lho forepoing. Tho __
<br /> terms 1ur�rdous waste"and'haYardous 5ubslance'shait etsu Inciude,without Ilmitetlon,potrotpum pnd petroleum by-producte a eny frncflan j!
<br /> thereof and asbostos. Tnntor ropresents and wartants to Londer thah (a)Dudnfl the period ot Trusbr's ownershi�of ihe Property,lhoro has " 'w _ _
<br /> bnen no use,peneratlon,monufacture,stomgo,troatment,disposal,release a throatenod releose o}any huzurdous waste or substnnce by any �'1�`: `
<br />- pBf50f1 Otl�Uf109f�Cf BbOU��ilB�fUPOrtY ioj ilusiVi iw5 i�v wTvii'�vvyv t'Zi�vi i^.^ooC�ZD�.^..�:.^•L',^,�h3�!h.°�f��`.3°�°R,avrnYT g4'7�AVI(filtlY � .---=�! : .:-.-...
<br /> d l s c l o s e d t o a n d a c k n o w l e d y e d b y L e n d e r i n w r 8 i n g, (I)n n y u s o,p enorntion,manu�acturo,stora flo,tret►tment,disposul,reloasa,or threatenod ( ' •
<br /> release of any hazardous waste a subster►ce by any pdor ownc�rs a occupants of fhe Propfxly w (iq any ucluai or throatened Iitipntion or
<br /> xy
<br /> dalms ot arry klnd by any porson retutlny lo such mattere;end (c)Exa�pt as previousry disctosad to and acknowledpod by Lender In wrlfing,
<br /> p)nelfher Tntstor nor eny tenant,canUacta,aycnt a other flulhorl.md u5or of the Proporty sha�use,penerute,mamitacture,stwa, Ucwt,
<br /> disppsp pf,or reteass ony herardous waste a substance an,unJe�,a about the Property and pl)any such ectivity shall bo conducted In
<br /> compllanCe wlih uM appl�abte fedore:,stalo,nnd Iocei laws,repulnQlans and ordinencc�s,Including wilhout IlmltnUOn ihoso I�v�s,r�epulatlons,and , ' ,:
<br /> wdinances descr3bed above. Trustor aulhorines Lender nnd its syont�t0 onler upon the Rroporry to mnke such Inspections and tests,at �
<br /> � TrustoPs e�ense,as Landor mey deem appropriate to do:ermine compilance of tho Property with lhis suctlon ot the Doed o}Trust. Any � ,
<br /> Inspections a tests made by Londer shall be fa Londer's purposes onry nnd shall not bo construed to crc�ate eny rasponsibl!:y�r Ilabtliry on the , �
<br /> paA of Londor io Ttustor or to any othar person. The representaHons end wnrrenties contelnod heroln aro basod on Trustors due dilipenCe In �
<br /> Investlpatlrp ihe Property for herardous wasle. Trusta heruby (a)releases and walves any luturo cialms agelnst Lender tor Indemnily or , , ' `
<br /> ConMbution In the event Tntstor becomcis Iiabb(a cleanup or olhsr Costs under any auch laws,nnd (b)ngroes to ind�mnity end hold harmleu
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<br /> Lender nqninst any end eN ctalms,lossos,IlabiliHos,damapes,penaltlos,and exponsos whlCh Londor mny direclly or Indirecity Sustain or SuNer
<br /> resufliny hom e broach of this Soction of the Dued of Trust or es B Consequence of eny use,penoration,mnnufacturo,storage,disposal,relaaso
<br /> or threatened release ocCUrrinp prla to Trustor's ownorship or Intorost In thq Property,whothor or not Ihe same was or should heve been t ` �,,ti
<br /> known to Trustor. Tho pravislons of thts soction oP the Deod Of Trust,Inciuding Iho obligulion lo Indomnly,shnll suMva Ihe paymont of tho +'• ;
<br /> Indebtedness end the saUstacUan nnd reconvoynnco of tho Iian of thls Dend of Trust and�hnll not be nNected by LendePB ncqulsitlon ol any •
<br /> interes!U tlw Prrpwty,whether by torectosure or othEx�MSe.
<br /> Nuls�nce,Wuts. Trustor shsfl not cause,cond��c!or permit eny nu.sance nor commil,parmit,or suttor any sMppinp of or waste on or lo the ��,
<br /> Properry a any patlon of tha Proporty. Without Ilmitinp the pondulity of the foreydnp,Trustor wfll not romovo,or prnnt to any other pnrty Iho ,
<br /> rfpht to remove,any tlmber,minExais(In:.ludinp otl and p¢s),soll,qrevel a rock products without Iho prior wdtton consont of Londur. ^
<br /> Removd oi Improvementa. Trusta shn�not demolish a romove any Improv�monts hom tho Real Property withoul tho pdor wrHton consent
<br /> � of Lender. As e condiNon to the removal of any Improvemonts,Lenda may roqulre Trustor to mnka artenqomonts sntisfuctory to Lendor to ,'. �i
<br /> • '• • mplaco such Improti�ements wilh Improvements of el Ieasl equal valuo. •y,,, '
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<br /> - Lender'��ipht to Enter. Lendor and Ib nqonts nntl rpprosontallves may ontar upon tho Real Property nt nll roasonublo times to nitond to � .
<br /> Lenders interests nnd to inspect tho Proparly tor purposos of TNStor's complianro with tho torms und condiflons of lhis Deod of Trusl. ;
<br /> Compltance wltt�Govemmental Requlrementa. Trustor shull prompuy compry wllh ell la�,oq�tifl��nd requlatlons,now or hareatlor In ?.
<br /> 9ttect,of all povommontal euthoritlos npplicablo lo thn usa or occupancy of tho Proporty. T�ustor may contost In pood Inith nny such law, ,
<br /> ordlnance,or repulntion nnd withhold compliance durinp any procoading,Includinfl npproprinto nppoals,so long as Trustor has notified Lendor
<br /> � �• In writinp prior to ddnp so end so lonp as.In Londors soto cipinlon,Londor's Interests In tho Proporiy aro not Jeopardizad. Lender may rapuiro - _
<br /> Trustar t0 poN ndequata socurity or n suroly bond,reasonnbty satistnctory to Lendor,to proter.t Londer's Intorost. ,.
<br /> Outy to PrOtect. Trustoe apreos nelihor to abandon nor lonvo unnttondod tlw Proporty. Trustor shnll do ull other acts.In nddition to thosa aets
<br /> ssl torth abov�e In this oecUon,wh�h hom the charfletor and uso of tho Propaty c�re roasonabry nacossrsry to proluct and prosorvo tho Proporty. 7
<br /> WlE 6N SAl.E-CONSENT BY LE�IDEA. Londor may,al ils optlon,dcelare fmme�latety duo end pnyablo ail sum,socurod by this Dood ot Trusl
<br /> upon the sAle or Ufnsfer,wlth4ut tna L�ndor's p�lor tivritton consont,of NI a nny part of lho Raal Proporly,or ony Intorost In tho Real Property. A ,
<br /> "sato or transie�'moens fhe cOnvoyan�e ot Rosl Propaty a any dpht,t►lte or Interost thoroin;whetAer lopal,bona8clal or oqultQblo;whothor voluntary
<br /> „ or Invotuntary;wiwfhor by outrlyht salo,deed,Instnllmont sAlo conhnct,Iand contrnct,contruct tor doad,leasnhold Intorost wilh a term grentor thnn �-
<br /> lhroo(3)yoaB,�oaso-option Contract,or by cn�o,nsslpnmont,or hanstor of nny bonoticial lntorosl In or to nny Innd trust holding tillo to iho Renl �
<br /> Propaty,a by any other melhod o}convayunco ot Roal�'ropaty Intorost. H any 7rustor Is a corporntlon,partnorshlp or Ilmlted 1lnbility company, �•`�
<br /> . Uanster atso InCludos nny cAanAo In ownorshlp of moro Ihnn Rvonty-[ive percent(259b)of Iho voUnp slock,pnHnorShip Inlurpsls or Ilmftod liobfl�ry
<br /> company In2eresb,as the casa may bu,of Trustor. Hovrovar,this opUon shnll not ba oxurc�srsd by Lundor it such oxorciso Is prohibllod by lodornl .
<br /> ._-. .._..... ' '. ' � 4�►VI V,��oH16��4w. �.
<br /> TAXES AND LIEN3. Yha foliowinp provlsbns rintlrt9lo lhn luxtos und fions on tho Proporty uro a purt oi thls Uood ol TrusL
<br /> PaymeM. Trustor shnll pn;-whon duo(and In all ovonts prla to dotinquonCy)ntl taxos,SpeClul tnxQS.nssossmonts,chargos(mcluding wator
<br /> ( nnd sewbt),flnos flnd Imposlfio�u bvk3d Bynlnsl or on account ot Iho Proporty,end shall pay whon duo nll clalms for�vork dono on or lor
<br /> so�Nces r�dered or materinl Nmishod to lho Raporty. Truslor shall maintnln lho Proporty troo of nIi Ilons havinp pdority ovar or oqual lo tho
<br /> Intgrt�st Of Lent1�undar Ihb Dead ot Yrust,excopl far lho Iien ot taxes and assessmonis not duo,oxcept tor tho oxisNnp Indobtodnoss roterrod
<br /> „ to below,and�xcept es olherwtso provided In lAb Dood ol Trust.
<br /> Riphl TO Conteat. Trustor may wilhhofd paymoM ol nny tnx,assossmont,or clulm In connecHon wilh�good fu�ih dlsputo ovor tho obl;�otlon
<br /> to poy,so lany ns Londcr'o Intorosf in ihe ProperSy Is not�oopardimd. If e Uan arl5os a�s ftod as n rosull ot nonpaymont,Tru5lor s�all wltAln
<br /> � � filtoan(16)Aays ttna Iho lien erfsos or,If n 1'.on 19 61od,within filieen(i6)day9 nitar Ttustor h�s noliCO of Iho liti�p,socuro lho discharpo of tho
<br /> Ilon,or It roquostod by Lender,deposil wlih Londer cash or o sufficlonl c�rpornto Surory bond or other socurity satisfactwy to Londor in an
<br /> • amounl sulflclont�o dlscharqo tho tlen plus any costs and utlomoys'fao;or olhor chnrgos thal could accruo os a rosull ot n�oroclosuro or saio �
<br /> � undar the lion. In any contost,Trustor shatl dotond ILsctt nnd Londcr und shalt suGSry nny ndvcr��o�udpmcnl boforo untorcomont agalnsl Iho
<br /> , Property. Trustor sha11 name Lendor os an add�YOnal obl'igae under nny surety bond tumishod In Iha contost procoodinps. �
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