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- Recordings Requestea Dy n II
<br />XAALAN R PVNCOCXRR
<br />When Recorded Return To: NARLAN R Postcards, NNR NAx1u r NCOCx R, xvsAA m ND MLPS
<br />US Recordings, Inc.
<br />ANNe el PvncoceAR 2925 Country Drive Ste 01
<br />St. Paul, MN 55117 ADDRESS
<br />ADDRESS
<br />iai 3/ i/q
<br />11's AINx GAVL RD N
<br />GRAND Ia[AND, WE 60801]101
<br />... TEtF6'R0� Np. _ IDENFI��ATI0NN0. _.
<br />--I
<br />506-38-6768 -
<br />TFUSTeE a s e?,a "wherNAL Ass c1A oN ND J
<br />4J]5 11TH AVEM-a 9or PAACO, ND SB10J —
<br />In consideration of the loan or other credit accommotlation hereinafter specified and any future advances' or future Obligatiore, as -In the and
<br />herein, which may hereinafter be advanced or Incurred and Grantor hetreby Irowso bly warrants, bargains, selllls, from fors, grants, conveys and
<br />receipt and sufficiency of Which are hereby acknowledgeQ — 1 "LCndar'1, the
<br />s9igns m Trustee
<br />his successore antl assigns, IN TRUST WITH POWER OF SALE for the benefit and aecurity of
<br />y,a. xAL95iSr�lU "n —is herein at
<br />benaliciary untlerothis Dead of Trust, antl true a ad interest inn and to then real property described io Schedule A wthlch is[attachadgto this Dead of
<br />Grantor's present and future estate, r g
<br />Trust and incorporated herein by this reference, together With all present and future improvements and Fixtures; all tangible r appeal property Or
<br />Inclutling wmamn Ilmilation all machinery, equipment, building materials, and goods' of every nature (excluding c0esumemd[ menuwand
<br />hereafter located on or used in connection with the real property, whether or not affixed to She lentl: privileges, ounces End other
<br />appurtenances Inclutling all development rights associated with the Property, whether previously or subsequently Vansfe «ed m the Property
<br />from other real property o now Dr hereafter susceptible of ansfer from thirigMSpaod Locks parla n og properly; leases, a property Icumulafively
<br />agreements; cots, Issues and profits: water, well, ditch, reservoir ,Tacs Properly "1: w have and lD hold the Property antll d rights hereby granted Fur the use and behest of lender, his successors and assigns until
<br />payment in full of all Obligations secured hereby. re resentatives and assigns, borer, expressly warrant.
<br />Moreover, to further consideration, Grantor does, for Grantor and Grantor's heirs, covenant, covenant, antl agree with Lender and Trustee and their moacesore antl assigns as follows:
<br />1. OBLIGATIONS. This Dead of Trust shall secure the payment and performance Of all present and future indebtedness, liabilities, Obligations
<br />and covenants of Borrower or Grantor amulet vely Obl gat ohs to Lender pursuant to
<br />(a) this Deed f Trust ad the folio tg promissory notes and other agreement,
<br />52,650.00 02/21/02 02/21/32 00003000034737
<br />V\
<br />I
<br />of all other present or Future, written agreements with Leader that refer specifically to this Deed of Trust IwOsther executed for the same
<br />or different purposes than the Isregoingf;
<br />Icl any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed o rust) he lien of this
<br />Idl furore advances, whether obligatory or optional, to the same exfent es iffhmade co to the Obligations ns le athe all crorda,t if this Deed at as
<br />Trust, made or e.,ended on behalf of Grantor or Borrower. Grantor ege
<br />Deetl of Trust shall continue until payment In full of all debt due under [he line notwithstanding the fact that from time to time (but before
<br />nomination e paid entl outstuntlinlgnse secured principal futureaativances't not lime
<br />Including the tadvancedi by Lende, to Palau[ the seceu�ItytnArthls Dead Of
<br />f of
<br />come . ant In ding SM1alI not consbtu[e an obligation upon o EDmm um nt of Lender
<br />Trust, exceed the follow'mg amount'. s_sa ass oo provision
<br />to make additional advances or loans to Granter; and
<br />let all amendments, axtensiona, renewals, modifications, replacements or substitutions 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. Granter represents, warrants antl e' fare of all . Lender that:
<br />Cy Interests, encmnbrances
<br />lal Grantor has tee simple marketable title m the Property and shall maintain the Property
<br />and claims except for this need of Trust and those described in Schedule B, which is aaechod to this Deed of Trust and incorporated Herein
<br />by reference, which Granter agrees [o pay and perform in a timely manner;
<br />Of Grantor is In compliance in all respects with all applicable federal, Flat-
<br />-H and local laws and regulators, incutling, without imitation,
<br />those relating m aaaroad. Matedals," as defined herein, and other environmental matters Ithe "Environmental Laws "). and neither the
<br />thus. government nor any other governmental or quasi governmental sntity has filed a lien on the Property, nor are that. any
<br />governmental judicial o adminis that g actions with respect to environmental matters pending, a, to the best of the Grantor's knowledge.
<br />Threatened , which involve the Property. Neither Granter nor, to the best of Grantor's knowledge, T yiN me part, has
<br />or s.d spurted any
<br />released, discharged stated or disposed of any Hazardous Materials as defined herein. an 'once w tire
<br />Hazardous Materials to or from the Property. Grantor shall not oaomamit which is or actions to be
<br />by any evurnmen[al authority such
<br />"Hazardous Materials" shall mean any substance, materiel, a
<br />Including, but not limited To, (if peens um, Ili trable or sable asbestosef' the Clean Water Actpor listed ' pursuant to Section s307 f lthe
<br />or wastee designated D a s
<br />Clean Water Act or any amendments or replacements to Chase statutes; Ivl Nose substances, materials pr wastes defined I a "ho<ar ous ininutc, and
<br />waste" p..sudnt to Section 1004 of the Res helium) Conservation dousy s ubstance anpuarsuantmto [Seeuon 0101 evfs are Comprehensive to
<br />slostancee, matares u
<br />Environmental Response. Compensation and Liability Act, or any amendments or replacements to than statute or any other similar state or
<br />fedmid statute, rule, regulation or Ordinance now or hereafter In effect. Grantor shall not lease or permit the sublease of the Property tU a
<br />tenant or subtenant whose operations may result in contamination of the Property with Hazardous Materials or toxic substances;
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<br />- Recordings Requestea Dy n II
<br />XAALAN R PVNCOCXRR
<br />When Recorded Return To: NARLAN R Postcards, NNR NAx1u r NCOCx R, xvsAA m ND MLPS
<br />US Recordings, Inc.
<br />ANNe el PvncoceAR 2925 Country Drive Ste 01
<br />St. Paul, MN 55117 ADDRESS
<br />ADDRESS
<br />iai 3/ i/q
<br />11's AINx GAVL RD N
<br />GRAND Ia[AND, WE 60801]101
<br />... TEtF6'R0� Np. _ IDENFI��ATI0NN0. _.
<br />--I
<br />506-38-6768 -
<br />TFUSTeE a s e?,a "wherNAL Ass c1A oN ND J
<br />4J]5 11TH AVEM-a 9or PAACO, ND SB10J —
<br />In consideration of the loan or other credit accommotlation hereinafter specified and any future advances' or future Obligatiore, as -In the and
<br />herein, which may hereinafter be advanced or Incurred and Grantor hetreby Irowso bly warrants, bargains, selllls, from fors, grants, conveys and
<br />receipt and sufficiency of Which are hereby acknowledgeQ — 1 "LCndar'1, the
<br />s9igns m Trustee
<br />his successore antl assigns, IN TRUST WITH POWER OF SALE for the benefit and aecurity of
<br />y,a. xAL95iSr�lU "n —is herein at
<br />benaliciary untlerothis Dead of Trust, antl true a ad interest inn and to then real property described io Schedule A wthlch is[attachadgto this Dead of
<br />Grantor's present and future estate, r g
<br />Trust and incorporated herein by this reference, together With all present and future improvements and Fixtures; all tangible r appeal property Or
<br />Inclutling wmamn Ilmilation all machinery, equipment, building materials, and goods' of every nature (excluding c0esumemd[ menuwand
<br />hereafter located on or used in connection with the real property, whether or not affixed to She lentl: privileges, ounces End other
<br />appurtenances Inclutling all development rights associated with the Property, whether previously or subsequently Vansfe «ed m the Property
<br />from other real property o now Dr hereafter susceptible of ansfer from thirigMSpaod Locks parla n og properly; leases, a property Icumulafively
<br />agreements; cots, Issues and profits: water, well, ditch, reservoir ,Tacs Properly "1: w have and lD hold the Property antll d rights hereby granted Fur the use and behest of lender, his successors and assigns until
<br />payment in full of all Obligations secured hereby. re resentatives and assigns, borer, expressly warrant.
<br />Moreover, to further consideration, Grantor does, for Grantor and Grantor's heirs, covenant, covenant, antl agree with Lender and Trustee and their moacesore antl assigns as follows:
<br />1. OBLIGATIONS. This Dead of Trust shall secure the payment and performance Of all present and future indebtedness, liabilities, Obligations
<br />and covenants of Borrower or Grantor amulet vely Obl gat ohs to Lender pursuant to
<br />(a) this Deed f Trust ad the folio tg promissory notes and other agreement,
<br />52,650.00 02/21/02 02/21/32 00003000034737
<br />V\
<br />I
<br />of all other present or Future, written agreements with Leader that refer specifically to this Deed of Trust IwOsther executed for the same
<br />or different purposes than the Isregoingf;
<br />Icl any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed o rust) he lien of this
<br />Idl furore advances, whether obligatory or optional, to the same exfent es iffhmade co to the Obligations ns le athe all crorda,t if this Deed at as
<br />Trust, made or e.,ended on behalf of Grantor or Borrower. Grantor ege
<br />Deetl of Trust shall continue until payment In full of all debt due under [he line notwithstanding the fact that from time to time (but before
<br />nomination e paid entl outstuntlinlgnse secured principal futureaativances't not lime
<br />Including the tadvancedi by Lende, to Palau[ the seceu�ItytnArthls Dead Of
<br />f of
<br />come . ant In ding SM1alI not consbtu[e an obligation upon o EDmm um nt of Lender
<br />Trust, exceed the follow'mg amount'. s_sa ass oo provision
<br />to make additional advances or loans to Granter; and
<br />let all amendments, axtensiona, renewals, modifications, replacements or substitutions 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. Granter represents, warrants antl e' fare of all . Lender that:
<br />Cy Interests, encmnbrances
<br />lal Grantor has tee simple marketable title m the Property and shall maintain the Property
<br />and claims except for this need of Trust and those described in Schedule B, which is aaechod to this Deed of Trust and incorporated Herein
<br />by reference, which Granter agrees [o pay and perform in a timely manner;
<br />Of Grantor is In compliance in all respects with all applicable federal, Flat-
<br />-H and local laws and regulators, incutling, without imitation,
<br />those relating m aaaroad. Matedals," as defined herein, and other environmental matters Ithe "Environmental Laws "). and neither the
<br />thus. government nor any other governmental or quasi governmental sntity has filed a lien on the Property, nor are that. any
<br />governmental judicial o adminis that g actions with respect to environmental matters pending, a, to the best of the Grantor's knowledge.
<br />Threatened , which involve the Property. Neither Granter nor, to the best of Grantor's knowledge, T yiN me part, has
<br />or s.d spurted any
<br />released, discharged stated or disposed of any Hazardous Materials as defined herein. an 'once w tire
<br />Hazardous Materials to or from the Property. Grantor shall not oaomamit which is or actions to be
<br />by any evurnmen[al authority such
<br />"Hazardous Materials" shall mean any substance, materiel, a
<br />Including, but not limited To, (if peens um, Ili trable or sable asbestosef' the Clean Water Actpor listed ' pursuant to Section s307 f lthe
<br />or wastee designated D a s
<br />Clean Water Act or any amendments or replacements to Chase statutes; Ivl Nose substances, materials pr wastes defined I a "ho<ar ous ininutc, and
<br />waste" p..sudnt to Section 1004 of the Res helium) Conservation dousy s ubstance anpuarsuantmto [Seeuon 0101 evfs are Comprehensive to
<br />slostancee, matares u
<br />Environmental Response. Compensation and Liability Act, or any amendments or replacements to than statute or any other similar state or
<br />fedmid statute, rule, regulation or Ordinance now or hereafter In effect. Grantor shall not lease or permit the sublease of the Property tU a
<br />tenant or subtenant whose operations may result in contamination of the Property with Hazardous Materials or toxic substances;
<br />Peae r afa
<br />NEW rI all nov. llatl
<br />
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