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T MILLER <br />NEBRASKA 00000510031582 <br />DEED OF TRUST 00485//CSS20 <br />NSL48R. OAYL9 NILL9R. Nas— — NIPY <br />a MILLER Recordi g FT quested by & <br />When i corded Return TO: <br />Ste 201 <br />815 TAT. 9T St. olxl , MN 5511 <br />aRANU I"Ren, the 6Ba03Y509 �1ij <br />TRUSTEE: V.S. B. NATIONAL A99aCIATIOE Na <br />4335 17TH AVaIRR 911. 8ARa0, Na 52103 <br />In constderatton of the loan ar other credit 8ccommod5lion hereinafter spebiiled and any future advances or future Obligations, as defined <br />herein, which may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideratten, the <br />receipt and sufficiency of which are hereby acknowledged, Grantor hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and <br />assigns to Trustee, his successors and assigns, IN TRUST WITH POWER OF SALE for the benefit and security of ^Lentlar'h the <br />U.S. readers <br />MAT <br />beneficiary under this Dead at Trust, under and subject to the terms and conditions herein set forth, with right of entry and possession all of <br />Granter's present and future estate. right, title and interest in and to the reel property described in Schedule A which is attached to this Deed of <br />Trust and incorporated herein by this reference, together with all present and future improvements and fixtures; all tangible personal property <br />including without limitation all machinery, equipment, building materials, and goods of every nature lexcluding consumer goods) now or <br />hereafter located on or used in connection with the real property, whether or not affixed to the land; privileges, heretlitamants, and <br />appurtenances including all development rights associated with the Property, whether previously or subsequently transferred to the Property <br />from other real property or now or hereafter susceptible of transfer from this Property to other real progeny; leases, licenses and other <br />agreements; rents, issues and profits; water, wall, ditch, reservoir antl mineral rights and stocks pertaining to the real property runudatively <br />"Property "); to have and to hold the Property and the rights hereby granted for the us <br />a and benefit of Lander, his successors and assigns, <br />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 expresuly warrant, <br />covenant, and agree with Lender and Trustee and their successors and assigns as follows: <br />1. OBLIGATIONS. This Dead of Trust shah secure the payment and performance of all present and future indebtedness, liabilities, obligations <br />and covenants of Borrower or Grantor (cumulatively "Obligations ") to Lender pursuant lo: <br />(a) this Deed of Trust and the fallowing promissory notes and other agg eemants„1 <br />25,975.00 1 01/15/02 01/20/12 1 00000510031582 <br />(b) all other present or future, written agreements with Lender that refer specifically to this Deed Of Trust (whether exeeutetl for the same <br />or different purpose. than the foregoingl; <br />(c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refer. to this Deed of Trust; <br />lot future advances, whether obligatory or optional, to the same extent as if made contemporaneously with the execution of this Deed of <br />Trust, made or extended an behalf of Grantor or Borrower. Grantor agrees that if one of the Obligation. is a line of credit, the lien of this <br />Deed of Trust shall continue until payment in full of all debt due under the line notwithstanding the fact that from time to time (but before <br />termination of the line) no balance may be Outstanding. At no time during the term of this Deed of Trust or any extension thereof shall the <br />unpaid and outstanding secured principal future advances, not including sums advanced by Lender to protect the ...urit, of this Deed of <br />Trust, exceed the following amount: 6 35 975.00 This provision shall not constitute an obligation upon or commitment of Lender <br />to make additional advances or loans to Grantor; and <br />let all amendments, extensions, renewals, modifications, replacements or subsattudon. 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 <br />and claims except for this Deed of Trust and those described in Schedule B. which is attached to this Dead of Trust and incorporated herein <br />by reference, which Grantor agrees to pay and perform in a timely manner; <br />In) Grantor is in compliance in all respects with all applicable federal, state and local laws and regulations, including, without limitation, <br />those relating to " Hazardous Materials,' as defined herein, and other environmental matters (the "Environmental Laws'), and neither the <br />federal government not any other governmental or quasi governmental amity has filed a lien on the Property, nor are there any <br />governmental, 7udictel Or administrative actions with respect to environmental matters pending, or to the best of the Grantor's knowledge, <br />threatened, which involve the Properly. Neither Grantor nor, to the best of Grantor's knowledge, any other party has used, generated. <br />released, discharged, stored, or disposed of any Hazardous Materials as defined herein, in connection with the Property or transpaned any <br />Hazardous Materials to or from the Property. Grantor shall not commit or permit such actions to be taken in the future. The term <br />'Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any governmental authority <br />including, but not limited to, lit petroleum; (it) triable or nunfriable asbestos; liiil polychlorinated biphenyl.; (io) those sublene <br />sns, materials <br />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; Iv) those substances, materials or wastes defined as ¢'hazardous <br />waste" pursuant to Section 1004 of the Resource Conservation and Recovery Actor any amendments or replacements <br />replacements to that statute; end <br />tol those substances, matls or wastes defined as a "hazardous substance <br />eria pursuant to Section 101 of the Comprehensive <br />Environmental Response, Compensation and Liability Act, or any amendments or replacements to that statute or any other similar state or <br />federal Modulo, rule, regulation or ordinance now or hereafter in effect Grantor shall not lasso or permit the sublease of the Property to a <br />tenant or subtenant whose operations may result in contamination of the Property with Hazardous Materials or toxic substances; <br />peloffi <br />rvEOOT IN11 Rea. l/9s <br />c <br />h <br />°r5 <br />2 D <br />rn to <br />\l <br />N <br />� <br />" "qi <br />r/ <br />N M <br />fl Z <br />\ <br />rn <br />O L <br />A <br />� <br />n <br />S <br />9/1g <br />cn <br />- <br />L <br />U <br />1 <br />ii <br />NEBRASKA 00000510031582 <br />DEED OF TRUST 00485//CSS20 <br />NSL48R. OAYL9 NILL9R. Nas— — NIPY <br />a MILLER Recordi g FT quested by & <br />When i corded Return TO: <br />Ste 201 <br />815 TAT. 9T St. olxl , MN 5511 <br />aRANU I"Ren, the 6Ba03Y509 �1ij <br />TRUSTEE: V.S. B. NATIONAL A99aCIATIOE Na <br />4335 17TH AVaIRR 911. 8ARa0, Na 52103 <br />In constderatton of the loan ar other credit 8ccommod5lion hereinafter spebiiled and any future advances or future Obligations, as defined <br />herein, which may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideratten, the <br />receipt and sufficiency of which are hereby acknowledged, Grantor hereby irrevocably warrants, bargains, sells, transfers, grants, conveys and <br />assigns to Trustee, his successors and assigns, IN TRUST WITH POWER OF SALE for the benefit and security of ^Lentlar'h the <br />U.S. readers <br />MAT <br />beneficiary under this Dead at Trust, under and subject to the terms and conditions herein set forth, with right of entry and possession all of <br />Granter's present and future estate. right, title and interest in and to the reel property described in Schedule A which is attached to this Deed of <br />Trust and incorporated herein by this reference, together with all present and future improvements and fixtures; all tangible personal property <br />including without limitation all machinery, equipment, building materials, and goods of every nature lexcluding consumer goods) now or <br />hereafter located on or used in connection with the real property, whether or not affixed to the land; privileges, heretlitamants, and <br />appurtenances including all development rights associated with the Property, whether previously or subsequently transferred to the Property <br />from other real property or now or hereafter susceptible of transfer from this Property to other real progeny; leases, licenses and other <br />agreements; rents, issues and profits; water, wall, ditch, reservoir antl mineral rights and stocks pertaining to the real property runudatively <br />"Property "); to have and to hold the Property and the rights hereby granted for the us <br />a and benefit of Lander, his successors and assigns, <br />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 expresuly warrant, <br />covenant, and agree with Lender and Trustee and their successors and assigns as follows: <br />1. OBLIGATIONS. This Dead of Trust shah secure the payment and performance of all present and future indebtedness, liabilities, obligations <br />and covenants of Borrower or Grantor (cumulatively "Obligations ") to Lender pursuant lo: <br />(a) this Deed of Trust and the fallowing promissory notes and other agg eemants„1 <br />25,975.00 1 01/15/02 01/20/12 1 00000510031582 <br />(b) all other present or future, written agreements with Lender that refer specifically to this Deed Of Trust (whether exeeutetl for the same <br />or different purpose. than the foregoingl; <br />(c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refer. to this Deed of Trust; <br />lot future advances, whether obligatory or optional, to the same extent as if made contemporaneously with the execution of this Deed of <br />Trust, made or extended an behalf of Grantor or Borrower. Grantor agrees that if one of the Obligation. is a line of credit, the lien of this <br />Deed of Trust shall continue until payment in full of all debt due under the line notwithstanding the fact that from time to time (but before <br />termination of the line) no balance may be Outstanding. At no time during the term of this Deed of Trust or any extension thereof shall the <br />unpaid and outstanding secured principal future advances, not including sums advanced by Lender to protect the ...urit, of this Deed of <br />Trust, exceed the following amount: 6 35 975.00 This provision shall not constitute an obligation upon or commitment of Lender <br />to make additional advances or loans to Grantor; and <br />let all amendments, extensions, renewals, modifications, replacements or subsattudon. 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 <br />and claims except for this Deed of Trust and those described in Schedule B. which is attached to this Dead of Trust and incorporated herein <br />by reference, which Grantor agrees to pay and perform in a timely manner; <br />In) Grantor is in compliance in all respects with all applicable federal, state and local laws and regulations, including, without limitation, <br />those relating to " Hazardous Materials,' as defined herein, and other environmental matters (the "Environmental Laws'), and neither the <br />federal government not any other governmental or quasi governmental amity has filed a lien on the Property, nor are there any <br />governmental, 7udictel Or administrative actions with respect to environmental matters pending, or to the best of the Grantor's knowledge, <br />threatened, which involve the Properly. Neither Grantor nor, to the best of Grantor's knowledge, any other party has used, generated. <br />released, discharged, stored, or disposed of any Hazardous Materials as defined herein, in connection with the Property or transpaned any <br />Hazardous Materials to or from the Property. Grantor shall not commit or permit such actions to be taken in the future. The term <br />'Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any governmental authority <br />including, but not limited to, lit petroleum; (it) triable or nunfriable asbestos; liiil polychlorinated biphenyl.; (io) those sublene <br />sns, materials <br />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; Iv) those substances, materials or wastes defined as ¢'hazardous <br />waste" pursuant to Section 1004 of the Resource Conservation and Recovery Actor any amendments or replacements <br />replacements to that statute; end <br />tol those substances, matls or wastes defined as a "hazardous substance <br />eria pursuant to Section 101 of the Comprehensive <br />Environmental Response, Compensation and Liability Act, or any amendments or replacements to that statute or any other similar state or <br />federal Modulo, rule, regulation or ordinance now or hereafter in effect Grantor shall not lasso or permit the sublease of the Property to a <br />tenant or subtenant whose operations may result in contamination of the Property with Hazardous Materials or toxic substances; <br />peloffi <br />rvEOOT IN11 Rea. l/9s <br />c <br />