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<br />no' ,a. o.a. B..7IONA6 ASSOCIATION an — IT. oars 3—a theses se, then C em sa193 at specified and any future advances or future Obligations. as defined
<br />In consideration hc may at einloan be advanced credit accommodation the herein, which may hereinafter be advanced or incurred
<br />owled tl and the cruet hereby irrevocably warrants, entl other geed and valuable consideration, the
<br />receipt and sufficiency of which are d asst 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 severity of
<br />a n _ ("Lentler "),the
<br />Grantor's under this Deed of Trusq under and seiner[ ro na terms and co rooms herein set n Sch Jule right of entry antl possession all of
<br />Grantor's present and future estate, right, title and interest in and m the real property described in Schedule A which is tangible p to this Deed of
<br />Trust and incorporated herein by this reference, together with all ateem and future improvements and fixtures; all tangible personal property
<br />including without limitation or u all machinery, equipment, h the building materials, and goods of every nature lend: privileges, consumer goods)
<br />me now or
<br />hereafter located an p used in l connection with the real property, whether et not actions to the )entl; privileges, rerato the Pro and
<br />appurtenances including all development or her rights associated with the Property, whether previously r real property; subsequently transferred to the Property
<br />trpm other real property or now or hereafter susceptible of transfer trim this Property to other real property; leases, licenses and other
<br />agreements; rams, issues and profits; P water, well, a nigh reservoir and mineral rights and stocks pertaining to the reel property (cumulatively sipri,
<br />payment ro have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successors and assigns, until
<br />payment in full of all further secured hereby.
<br />Moreover, in further consideration, Grantor does, for Grantor and Grantor's heirs, representatives and assigns, hereby expressly warrant,
<br />venom, and agree with Lender and Trustee and their successors and assigns rfr as follows:
<br />1. OBLIGATIONS. This Deed of Treat shall secure the payment and performance of all present and future indebtedness, liabilities, obligations
<br />and ra) this Deed Borrower or Grantor (cumulatively ory notes and ot Lender pursuant to:
<br />(al this Deetl of Trust and The following promissory notes and other agreements:
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<br />When Recorded Return To:
<br />US Recordings, Inc.
<br />DEED OF TRUST
<br />00485//CSS20
<br />2925 Country Drive Ste 201
<br />St. Paul MN 55117
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<br />ORANpS at.I as eeaate133 Ili l^ lJ J
<br />no' ,a. o.a. B..7IONA6 ASSOCIATION an — IT. oars 3—a theses se, then C em sa193 at specified and any future advances or future Obligations. as defined
<br />In consideration hc may at einloan be advanced credit accommodation the herein, which may hereinafter be advanced or incurred
<br />owled tl and the cruet hereby irrevocably warrants, entl other geed and valuable consideration, the
<br />receipt and sufficiency of which are d asst 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 severity of
<br />a n _ ("Lentler "),the
<br />Grantor's under this Deed of Trusq under and seiner[ ro na terms and co rooms herein set n Sch Jule right of entry antl possession all of
<br />Grantor's present and future estate, right, title and interest in and m the real property described in Schedule A which is tangible p to this Deed of
<br />Trust and incorporated herein by this reference, together with all ateem and future improvements and fixtures; all tangible personal property
<br />including without limitation or u all machinery, equipment, h the building materials, and goods of every nature lend: privileges, consumer goods)
<br />me now or
<br />hereafter located an p used in l connection with the real property, whether et not actions to the )entl; privileges, rerato the Pro and
<br />appurtenances including all development or her rights associated with the Property, whether previously r real property; subsequently transferred to the Property
<br />trpm other real property or now or hereafter susceptible of transfer trim this Property to other real property; leases, licenses and other
<br />agreements; rams, issues and profits; P water, well, a nigh reservoir and mineral rights and stocks pertaining to the reel property (cumulatively sipri,
<br />payment ro have and to hold the Property and the rights hereby granted for the use and benefit of Lender, his successors and assigns, until
<br />payment in full of all further secured hereby.
<br />Moreover, in further consideration, Grantor does, for Grantor and Grantor's heirs, representatives and assigns, hereby expressly warrant,
<br />venom, and agree with Lender and Trustee and their successors and assigns rfr as follows:
<br />1. OBLIGATIONS. This Deed of Treat shall secure the payment and performance of all present and future indebtedness, liabilities, obligations
<br />and ra) this Deed Borrower or Grantor (cumulatively ory notes and ot Lender pursuant to:
<br />(al this Deetl of Trust and The following promissory notes and other agreements:
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<br />. A&RNgiEN�f' e"AT,
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<br />04/16/02
<br />04/16/32
<br />00003000047567
<br />(b) all other present or future, written agreements with Lender That refer specifically to this Deed of Trust (whether executed for the acme
<br />or different purposes Men the foregoing);
<br />(c) any guaranty of obligations of other parties given to Lender now or hereafter executed that refers to this Deed of Trust;
<br />of future advances, whether obligatory or optional, to the same extent as If made contemporaneously with the a tenon of this Dead of
<br />Trust, made or extended on behalf of Grantor or Borrower. Grantor agrees That if one of the Obligations 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 security of this Deed of
<br />Trust, exceed the following amount: if 79.000.00 This provision shall not constitute an obligation upon or commitment of Lender
<br />to make additional advances or loans to Grantor; and
<br />(a) all amendments, extensions, 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. Grantor represents, warrants and covenants to Lender that:
<br />lal Grantor has foe simple marketable title to the Property and shall maintain the Property free of all liens, security interests, encumbrances
<br />and claims except for this Dead 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 />Ih) 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 nor any other governmental or quasi governmental entity has filed a on on the Property, nor are there any
<br />governmental, judicial or administrative actions with respect to environmental ental matters pending, or to the best of the Grantor's knowledge,
<br />threatened which involve the Property. 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 transported 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, materiel, or waste which Is or becomes regulated by any governmental authority
<br />including, but not limited to, (i) petroleum; iii) friable or nonfriable asbestos; licit polychlorinated biphenyls; ov) those substances, materials
<br />or wastes designated as a "hazardous substance" pursuant to Section 311 of the Clean Water Actor fisted pursuant to Section 307 of the
<br />Clean Water Act or any amendments or replacements to these statutes; on those substances, materials or wastes defined as a "hazardous
<br />waste" pursuant to Section 1004 of the Resource Conservation and Recovery Act or any amendments or roplacoments to that statute; and
<br />(vil those substances, materials or wastes defined as a "hazardous substance" 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 statute, rule, regulation or ordinance now or hereafter In effect. Grantor shall not lease 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:
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