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<br /> D�ED OF TRUST Paqe 2
<br /> 12-31-1�97 (Continued) ,_ �(}(�'i�Ji�_---_��-___,
<br /> Loen No 621236 _. — �
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<br /> �Lende►, Tho word"Lender"menns UNiTED NEBRASKA BANK,ds successors and assigns. ���rom Truslor and eny '�
<br /> Not�. The word"Not�"manr th�Not�dated Dccamber 31,1907,In the principal amount of 524, ,=.
<br /> CoS�yners to Lender,topelher with all renew�ls,axten5lons,modifiCetlons,relinenclnys,end aubslitutlons for the Note. The malurity date ot thi9 ,`_
<br /> Deed of Trus!IS June 3D,1998. , -
<br /> P�rwn�l Property The words"Personal Property' mean ell equlpment, Hxtures, Ynd olher artic�es of Po►saoa� Property now or hereefter —
<br /> owned by Trustor,and now or hereatter attached or affixed ta Ihe Real Property; topelher with ell accesslons, pertS, and tdditlons to, a�� i
<br /> replacemdnts of, and eil substHutlons fa, 4ny of such propwty: and topelher wllh ell proce9tla (Includiny without Iimitetion a�l Insurance `
<br /> proceeds and refunds of premlums)from any sale or other disposltlon of the Property � _
<br /> Property The word'P�oper�yl'meens co�ectively the Real Property and the Personal Property.
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<br /> Re�l Property The words"Roal Propery'mean the property,Interests end rfphts described sbove In the"Conveyance and arent"sectlon. �'
<br /> ReI�tN1 Documents. The words"Flelaled Documents" mean and Include without Ilmliation all promissory notes,credlt aqreemenls,loan �
<br /> ; agrAements,envlronmeMal agreements,guarantfes,secudty agreements,moripages,deeds of trust,and all other Instrumenls,ayresmenis and •;r�
<br /> dacuments,whether now or hereattar exlsling,executed In connectlon with the Indebtedness. ��,
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<br /> Rents. The word"Rents"means all present and fuiure rents,revenues,income,Issues,royelties,proflts,and olher bene(its derived from e � t
<br /> Properly. � ,, _ -
<br /> � Trustee. The word'Trustee"means UNITED NEBRASKA BANK and flny substitule w successor trustees. .t����
<br /> Trustor. The word'Trustor"means any and all persons flnd entities execulinp thls Oeed of Trust,Includinq withoul Iimftatlon all7rustors nomed i
<br /> • ,r
<br /> I above. _
<br /> � THIS OEED OF TRUST, INq.UDINCi THE ASSI(iNMENT OF RENTS AND THE SECURITY INTEREST IN TME REHTS AND PERSOHAL
<br /> � TRUSTOR UNDERVTHET OT�THE RELATED DOCUMEN S!AND H S DEED OF TRUST.RTH S DEED OF TRUST I�S(i�N AkD ACC PTED ,��
<br /> � Op T►iC FOLLOWIHG TERMS:
<br /> Iot�7 u1st as heybecome duAe,and shall sPricty and In a t mrelydmanner pe orm 611 o�uTr sto 5 oblipell onstu der�the Note,�hds Deed ot T usihand ihe I
<br /> Related OOCUments. I
<br /> � POSSESSION AND MAINTENANCE OF Tf1H PROPERTY. Trus�or eqrees Ihal7rustor's possession ond use of Ihe Property shall be povernad by � _
<br /> Ine lollowlny provislons:
<br /> ' PosMSS�on lu�d UN, Until Ihe occurrence o�an Evonl ot De�ault,Truslor may (u)�omein in po95ession end conlro�of Ihe Propehy, (b)usi, I
<br /> operete or mAnape Ihe Property,and (cloallect eny Renis from Ihe PropB�iy� � ' .`�
<br /> � Duty to MdniNn. Trustor shall meinlam Ihe Prope�ly in lenanl8ble condltlon end promplly perlorm ell repalr8,rop�aCements,and malntenanCe M1'.,
<br /> noCe3s8ry to preserve ds value. �-•
<br /> Fi�ardous SubstMtC�a. The lermy"hozardous waste;"hezerdous substance,"'dispoeal'"ral�tsY,"and 9hrNlanad rNaas��as us�d In thls �
<br /> Deed ot Trust,shell have the serr�e melnlnps as ao1��CERC`LA"�l epSupwfu d Amandmentsi�dpFleauthorlueon Act of�1�988 I Pub L.cNo. I
<br /> t980.as amended,42 U.S.C. Sect�on 9601,et soq (' ) ` �'
<br /> - gg-499("SARA'�,the Flazaraous Maieriais ir.�isNUriaYaz A„M.4°U.°.C.3°-'-'!!^n�!�t,at seq..lhe Resource Conservetlon and Recovery Acl, __ -'T
<br /> a2 U.S.C.Section 8901,ot seq.,w other epplicable state or Federal laws,rulos,or repuintlons odopted pursuint to any ot trw forapanp. �'ne ..
<br /> terms"hazerdous waste"and"hazardous substance"shell also Include,wlthout Ilmitetlon,petroleum and petroleum by-products a any fractlon � � ����;-
<br /> ) thereof and asbestos. Trustor represenl6 and werrants to Lender Ihat: (a)Durtny lhe perlod of Trustor's ownership of the Properiy,thetY hl�t � :.P,
<br /> been nv uan,penerattan,manufacture,°�OrH�J9,��pAIrtIHII�,dlsposai,releaw or threatened release of any ha7ardous waste or substance by uny • I
<br /> person on,under,about or from the Property; (b)Trustor hes no�cnowiedqe oi,or reason to beueve tnat there hns Laen,excspt a proNously �
<br /> f disclosed to and acknowiedped by�ender tn writing, (I)any use,peneratlon,manufacture,storape,trealment,disposal,release,or threatened „ �
<br /> release of any hazerdous weate or subslance on,under,about or trom the Properiy by any prlor owners or xcupe.nts of the Properly or (II)any }
<br /> actuai or threatened IHlqation or clalms of any kind by any person relating to such malters;and (c)Excepl as previousiy disclosed to anC
<br /> acknawledged by Lender In writine, (I)neilher Trustor nor any tenent,contraclor,agent or olher authorized user of the Property shall use, ,
<br /> suchractivity shael be cond ctedan ciompi ance wilh all appllcabele ede aW sta e«and I tacal ews,repulat onsuand o�dina ces,pnoludinp withouyt
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<br /> Iimitfltlon those laws, reflulaUons,and ordinances described above. Trustor authorizes Lender and its apents to enter upon the Propetty lo ETa�
<br /> make such Inspections and tests,at Trustor's expense,as Lender may deem appropriate to determine compllance ot the Property with this
<br /> section of the Deed of Trusl. Any InspecNons or tests made by Lender shall be for Lender's purposes onlY and shall not be construed to creafe
<br /> any responsibllfty or Iiabllity on the pc►rl of Lender to Trustor w to any other person. The representations and wart�nties contalned hereln are
<br /> besed on Trustor's due dilipence In investigating the Property for he7srdous v�asle and hazardous substences. Trustor hereby (a)reieases and
<br /> welves any futurb clalms agalnst Lender for Indemntty or contAbutlon In the event 7rustor beCOmes Iiable for Cleanup or other cosis under any . ;�'
<br /> such lews, end (b) agrees to Indemnify and hoid harmless Lender agalnst any and all cialms, iosses, 118bultfe5, damaqes, penaitles, and ��j,
<br /> expenses whlCh Lender may direCtly or indlreCtly sustuin or suHer resulting from a breACh of ihls sectlon of the Deed of Trust or es a
<br /> consequence of anY use,yeneratlon,manufacture,storage,dlsposal,release or ihreatened release xcuniny pr�a to Trustor's ownership a , --
<br /> Interest In the Property,whether or nol lhe sflme was or should hflve been known to Trustor. The provislons of Ihis 5ection of the Deed of Trust, ;���'� `
<br /> Including lhe obilgatlon to Indemnify,shali survive the payment of the Indebtedness and the satisfaction and reconveyance of ihe Ilen of lhis , .��. , j
<br /> Deed o�Trusl Bnd shali no:be aHected by Lender's ncquisition of eny Inlorest in ihe Property,whether by foreClosu�e or oihenvise.
<br /> � Nuieance,Waste. 7ruslor shall not cause,conduct or pe�md any nulsance nar commit,pus ofr wiil noteiemove,�o�prantftoranyso her party t e '."�``�
<br /> Property or eny portion of the Property. Wlihout limfting Ihe generality of ihe foregoing,
<br /> � right to remove,any tlmber,minerals(including oll and ges),sofl,gravel or rock products withoul the arlor written Consent of Lender. � F
<br /> Removel of Improvementa. Trustor snall not demolish or remove any Improvements trom the Real Property wlthout the prior wrlHen consent
<br /> o�Lender. As a conditlon to the removal of any Improvements,Lender may requlre Trustor to make arcangements satisfactory to Lender to ,
<br /> replace such Improvemenis with Imp�ovements of at least equal value. �
<br /> Lendar's Riqht to Enter. Lender end its epents and representatives may enter upon the Real Property at all reasonable tlmes to attend to
<br /> Lender's Interests and to Inspect the Property for purposes of Trustor's compitance with the terms and condltlons of ihls Deed ot Trust. ;
<br /> Compllence wlth Governmental Requlremanta. Trustor shall promptly comply wlth ell laws,ordlnances,and regulatlons,now or hereaftor in i
<br /> eHect, of a.l governmental aulhorities appllCeble to the use or ocCUpBnCy ot the P�operty, Including wlthout fimitatlon, ihe Amerlcans Wilh I
<br /> Dlsabllitfes Act. TruStor may contest In good falth eny such law, ordlnance, or rf►gulatfon and withhdd dompllance during any proceeding,
<br /> � InCluding approprlate appeals,so long as Trustor has notltied Lender In writing prlor to doing so and so long as, In Lender's sole opinlon, I
<br /> I 48nder's interests In the Proporty ure not�eoperdized. Lender may require Trustor lo post edequate Securiry o�8 Surety bond,reasonably
<br /> satisfactory lo Lender,to protecl Lender's Interest.
<br /> I set orlh above in 1 Is soction�wh chtirom�he charect�and use oftthe Peope�ty are eeaso ably necessary6o p oteC�and prBSeltrve ihe1P opertys
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<br /> I DUE ON SN.E-CONSENT BY LENDER. Lender muy,et ils opllan,declare immedlately due and payuble o'I sums secured by this Deed o} rus
<br /> • upon Ihe sale or transter,w��hout Ihe^LQe^'dR p?Prnnartv or anv iaht.titlelo�interest herelnh hether lepgal,beneficlsl oeequ�tab ee whet e�volunlary !
<br /> . ...u�...�......n nefni Ihon
<br /> � SHIB Of IfBn�itl�'u'inu�w u v v��:'°i••:.'- ' -' y••�•-• ...�" �, .
<br /> or involuntnry;whether b;�on'contrecteor�b�salet alssenmene cor transfernot anYrbenehclal�lnteres00n or togany�lnnd Irust hoiding title to the Real
<br /> Ihree(3)yBa�s,1e8s0-op �
<br /> Prope�ly.or by any olher method of conveyanco ol Real Property Inlerest. If eny TruS�or Is a Corporation,partnership or Ilmitod Ilablllty compflny,
<br /> Iransfer elso�ncludes any change in ownership of more ihen iwenty-five percent(2596)of the voling stock,parinorship Interesis or Ilmited Ilabllity
<br /> company Interests,fls the case may be, o�Trustor. However,thls opllon shall not be exercisetl by Lender If suCh exerclse�s prohlblled by fedsral .
<br /> law or by Nebreska 18w. '
<br /> TAXES AND LIENS. The following provis�ons re�aling to Ihe�axes end Iiens o��the Prope�y are a part of this Deed of Trust.
<br /> • Payment. Trustor shall pay wnen due (and�n an evenis pnor lo delinquency)an laxes, special taxe5,assessments,charge5 (�ncluding wele�
<br /> nnd sawer),fines and �mposdions leviod egainsl o�on aCCOUnt o�Ihe Properly,ancf Shall pay when due all c18im5(or work done on or for
<br /> mleies�SOleLend9tlundoelh�,�Doed o�tlusl!excep��o„Ihe i en1ol taxes o d eslsessmenls nol due and lex�cept es o herw sre p ov ded en thlStDeed
<br /> ol Trus�.
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