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<br /> � PEIXIY L. DBi61t,
<br /> HDBBIIND ANO NIYE
<br /> PEOOY L. PE/ZR
<br /> ADOfl� MQR�86
<br /> 9 VIA iRIVOL2 9 VIA TAZVOLI
<br /> (yp11pD IpL11N0 NE 588031897 61tAlID 28LAND NE 688091897
<br /> ���� Adff�l4lISWMM0. `TEL6it10lIF�NO. DfltTIF1l.`ATM)MNO.
<br /> 506629197 _j 506629197
<br /> 7f1lISTF.E� lIA�T BANR. HA �
<br /> 9191 N MIDA RD QA71lm IeL�N�H6 68803
<br /> Sr.�:.w�,.o,�,�.,f,n�.i�an or other aedit e�comnodatlon herNnafter spadiled end any luture eavance�a tutare Obilpati�an e�s_Hned hereln,w ich
<br /> rray herelnefter be aduencod or Inarted and the truat hereinefter mentloned and aihar good c�nd vai���_���r,t.�:w-. •-n'�_��rin�icv of whkh
<br /> ere Iwroby acla�owledped,Grentor hereby Irrevoca6ly wartents,bargefnf,sells,trensfere,grente,oonveya end assigna ta Trustee,hIS 6UC005S0�6 BMI
<br /> assqne,IN TRUBT YYITN POW[R OF SALE tathe beneTit end cecurity of Hnt eaaY o! �ouLh Dakot� (N+�tio+ttl A�aoolat�oal
<br /> ('Lender'). ttw
<br /> bette}{qery under thls Daed ot Tn�st,under and subjdqto the temn���I�s���e A whid�anatta�died to lhie De�d o Trus�end/n acorporet�d herein
<br /> end finuro�state,rtgM,tftk and imxoat In arxl to ihe reaf property ���y�p wghoul IlmltaRlon dl machir►ory,
<br /> tyy tM�r��KSnce,togetlwr wNh all pnsent end tuture Improverronts end flxturos;ell tanglhls personal ProP�Y
<br /> �c�r�enL buY�ng metKials,end goods of every oeture(exduding consume►'9ooch)now c►heraaftsr located on a used In o�nnectbn with the roal
<br /> Pr�Y��°ther°r°°t affixed to lhe lend;prMleges,hereditarrants,end¢�p�wAenences indudng ell development rigMe aasodatsd wNh the PropKty.
<br /> WM�}�r pr�vtnuily or subsequentty transferrad to tho Proparyr from other real propnty or now or heroaRer euaoeptlble of irnnafer homthla Propsrty to otMr
<br /> n+al propxty:�ea�ea,Iksnaes end other agreemonts;rertts,Iasues end prolNs:water,well,crich,��«t����a�of�I.a�der,hls�nwcce1saore nnd
<br /> property(cam�lativaly�?POpOHy`):to have and to hold ihe Properly and the rlgMs hereby gre
<br /> eqlpna,un41 peymerA In tull of ell Obilyatbns securod he►eby.
<br /> MoraovK.In turthoroon�idsratian�Qranta doos,(a Grema end arema'a Min,ropns�ntathrea end assigna.heraby exrxesaly wartanL covenam�end
<br /> egnpl wNh Lencier end Trutte�end tha(r sucoetsors end assipns a�fdlowr:
<br /> ����Qy„�ra Q�(qmUletw y'Oblipallons'P)to�Lendsr pu eur�t��of dl present end tuturo indsbtednsss.IIabllNles.o�ligatlona and
<br /> (a)thl�Da�d of Tru�t end llt�follovrky ixomissory notee eted o�legnernento: ���� _ ��
<br /> phlNQilA1.AMUt1lIYI.,; � AAS�EiMRNTAA'1� DAT£ � _ �
<br /> CIIBDIFLI�MT �
<br /> 35,000.00 OS/01/96 05/01/01 41900808054a4730 �
<br /> (b)e�l othor presont or ure,wr tten agreemonte w t en r t at re er a y to t s a rust e►�x�cu w' �a►�ff�wft
<br /> purpo�tlian tM fonpolnp);
<br /> (o) ony�uarenty ot abligetlons ol olher partles glven ta Lender nuw or hereaftar executed that retere to thla Deed of Trust;
<br /> (d) fulure advancaa,whNher obllgatory or optional,to the aame extont as If inede contomporaneously wfth iho executlon of this Oeed of TrusL made or
<br />- er.tended on behelt of Qrenlar or Boaower. Cirnntor eprees that if one ot the Obligatlone ts a lino o(credit,the Ilen ot thls Deed of Trust shall continue
<br /> urrtil paymont fn tull of all debt due under tho lina notwilh�tanding the fact that hom time to time(but before temiination of the line)no balance maY be
<br />- outstanding. At na timo during the tarm of thia Daed of Trust or nny extonslon Shereof ahall the unpald end outstonding secured prli�dpal tutura
<br /> advances,not induding sums acNancsd by Londar to protect the sacudty of th!a Oeed of Tnist,oxceed ths tollowing emount: f a�.000_oo
<br />_ Thla provlalon ehell not conatituta en obltga�lon upon or comrNtment of lender to meke additlonN advancos or loans to C3rantor;and
<br />_ (e)ell amendmente,extenslons,renewels,moditicatfons,replacerrRnta or subs�luttons to any of the foregoing. _
<br />- Ae ussd In thl�Pt�aaaph 1,the temta Grantor end Borrower sh�ll Induda and etso mean enY arentor�r Borrower If moro than one.
<br />- 2 REPBE9ENTATIONS�YJARR1iNTIEB AND COYENANT3.Qrantor ropresems,werrants end oovenanis to Lender that:
<br /> (a) Cirantor has fee simple rrarkotablo tltlo ta ihe Properly and shall malmeln the Properry free of all Ilens,socurlty Inteiests,encumbranoea end clairr�
<br />� except for thls Oead of Trust rand those desalbod In Schodute B,which Is ariached to ihls Deod of Tiust nnd Incorporatod horeln by reforence,whlch
<br />— G�BIIIOI EIgIB85 90 pay W�o penvnn n�a innoij.o.:o:; �
<br />� (b) (irentor la in oompllanca In all rospecte witfi all apolcable ledorel.state and local laws and regulatlons,Including,without Ilmitatlon,thoso relating to
<br /> 'Hcizerdoua Matcdalc,"ac do8nod horoin,and othor emironmontal mattors(the"Envlronmenlal Laws"),and neithar tho federalgovomment nor any
<br />`: other govemmomN or quasl govomrrantnl onlity has fJnd e Ilon on the Properly,nor aro thare any govemnwntal,judidal or edmin{strative actlons with
<br /> - respect to environmental matters pendir,g,or to the bost of tho Grentor's knowlodgo,threatoned,whlch InvoNo tho Proparty. NeNhe►Grantor nor,to
<br /> - tho best of Rrantore knowtedge,any o�her party hns usud,�onerated,roloasod,discharped,storcad,or disposod of any Hazardous Matodals au deftneal
<br /> '' hereln,In connectlon with tho Proparty or transporled eny Hezerdous Materlals to or from lha Proporly. Qrantor shall not commit or pormit such ncUons
<br /> "' to be takon In tha futuro. 7hn torm'Natardous Materiata'shall mean any au6stanco,matorial,or waste whlch Is or becamos rogulated by eny
<br /> Bovemmentel authu�ity Including,but not Ilmited to,(I)petroloum;(il)Ma610 or nonfrfable asbestos;(III)polychlorinatad blphenyls;(Iv)those substances,
<br /> matedals or wastes dosignaled as a'hazardous subaianco'pursuant to Secllon 311 of tho Cloan Wntor Aet or Ilstad purauant to Section 207 of tho
<br /> Ctean Water Act or any smendmonte or ropiacomente to theso stntutes;(v)thoso substancas,matorfale or westos ckfinod aa a"hazerdoua waate'
<br /> pursunnt to Sectlon 1004 of tl�e Reso rco Consorvatlon and Rocovary Act or eny amondrtpnts or roplacoments to that stetute;and (vq those
<br /> EUb6t8tiC08, rraterluls or wastea dotin d as a'hazordoue subst�u�co' pursuant to Sociton 101 ot tho Corrprahonsive Envlronmen�al Roaponso,
<br /> � Componsation end Uehlllty AcL 0�fl�l artwndmonts or roplacomente to that statuto or any othor slmliar�tato or fodorFil statuto, NIO,rogulation or
<br /> �= res it n con aminallon ot thG Property Ilh Hazordolus Materiels or�to o s bstences;�of tho Property ta a tonanl or subtunant whose oper tlons may
<br /> ' C I TITLE INC �
<br /> , �, P O. BOX 1728G , P,�B,a �
<br /> NEDOT Rw.11184 � ST PAUL. MN 5519 7
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