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<br /> `:. � < . . ; Ot-0�-1g98 DEED 0}F TRtJST ��_ ����� Page 2 ,`•. - . :
<br />:�_. � . � � Lo¢n No 6�3SS'y (Continued) . . .
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<br /> - - -t - - �
<br /> . � • � � awned by Tnutar.end now a herBaRBr c�ch9s cr af�d to Me Real P�aDQ+tY. - � -- -_-
<br /> togott�tiilh d1 aee�sstons,parts,and ad�iSons Lo.eD
<br /> ., reylBCemenb of.end eU subsutuUOn9 for.amr of euct�prayerly;ertd togethsr with 8I1 proc8eds(UU�udtng without Umltatian eA Insuranse . �
<br /> ' proC88ds and cetunds of Premtums)trom anY sate or otASr diSposiUon ot the RropeAy. `, , ,
<br /> , � , Rropas4y. TNa vrard'PropeAyr mearo�eHtiretyr th9 Reat Properly and the Pezsonsl PropeRy. < � ' .
<br /> , ' l Re8!DroyeRil. Tha v►ords'iteat PropFrty'msan lho proP�1►.interesis enC AgRis dasar(De�aDove!n the'ComreY�e and(irariP s�tton. ` . :
<br />-- �
<br /> • ' ifeittCO Codtmectte. The vrords�tetated Docurt►sms'mean end Irtclude wilfiout UrtUffiion aD pramissory notes.areQtt agrEamenb.tose .. ..
<br /> �j; egresmerAS.omdronmantal egresmmc3rds.9uarenNes.sea�uih a�eamonts.marigagss,dosds of trusl.end e0 aUear tnstrraments,agr�menls and • < <
<br /> .. . doCUments�wheth8r�otv or hBresftBr e�tlng.ezGCUted in Cont�ecUOn wilh ihe ind�tedness. � t�
<br /> ` • . Reitte. Tha word�ienis means aD Preserd and itdure rer�.revenues.income�issuss.royal9es.Profits.and oiher benefits deriued trom the E ,` � . .
<br /> . Praperiyr. •
<br /> - .- -- -- Ttusiee. Tise vtord'Tiustee'mear�s UlViTED[�fEBRASItA BAttCt and ar3y stfistthite at st�tr�. �� - --f-,.-�--=.--
<br /> - , Ttusto►. Th9 waM TrtLSior means arry 8nd e11 persons end er�les eoaecWng tNs Q88d ot Tmst.indoNng withou!6mitaUon eA Trtu�ars nemed � - � • �
<br /> . ebove. ' '
<br /> •.:;.`.
<br /> `., iH18 QEED OF 1RUST. (liAUOlMO Tf�A35lQHt�FOT OF REl�TS A4lD TF�SECUR1T11 INT6tEST IF7 T}�RENTS AND PERSONAL ... , �_ .
<br /> :�, . PAOPFAiY,tS ti1VEA1 TO 8ECURE (1)PAYtAENT OF TF�E INDEBYIDMESS MtD pd)PFRFORl19AMCE OF AlrY AND ALL OBLtiATfOHS O� _ ' _ .
<br /> TRUSTOA UHDER THE NQTE,TF�RH.ATED COCUPdENTB.AND?HIS D�OF TRUST. THIS��D OF TRUST IS QItlE?�AND ACCEPTED --`�.'�.�
<br /> �; , ON TF�WLLOWIMG T�iP.SS: .
<br /> -}�: PAYMEttT AND PERFORMAHCE. EuoeDt as att►s�wLse Provlded tn this Deed al Tnist.Trtu�cr ShaA PsY to Lender elf amou�secured Dy fh�Oeed ,:
<br /> ,,. , of Trust as they become due,and shaA sMcHy end in a 6mety manner p�rfarm a0 of Tnsta/s obUgaBons under the Nate,Ws Oeed aP Tns�end t�e '�,...,,�
<br /> ,;� Refated 0owmetds. . -r:".
<br /> ;:' P888ESStON Atm 1NAIHTBdAHCE OF Tli�PAOP�CRTY. Trustor 8grees that Tntstofs po�on and use of the ProDeRY shsll be gavemed by �R,�"�� ~�
<br /> t<. tne topowtng provfstonx ,. • ::
<br /> :�t . --��'
<br /> .+:;' . '� Rassesslan and Use. Untit the oeeurrenoe of an Event ot RefaWt,Trustor may (a)remaln in passession end contrd af the Property, (b)use. _ _-
<br />-" � operate or manage the Property,and (c)collect any Rerds from ihe Propedy.
<br /> .t � --
<br /> `'� � Duty to Main�ettt.Ttustar shail maltrtafn the ProD�Y in tenardebte concGtion and Promptly Perfotm alI repatrs,teplacemenis.and mei�tenance : t� •, -
<br /> `�� . i rreCessety to preserve its v81ue. "�V
<br />.�:iF ` lta�Qou9 Sttbskmee9. The terms 9�a�rQaus waste.'9ia�dous subsffinc9.°tttspasei"Yefease'end RhreateneQ releas9:es used in thi9 �':`
<br /> �� .j Deed of Tn�si,shaU have the same meaNngs as set torth(n the Comprehensive Environmental Resportse,CompensaUOn.and Ltabii�yr Ac1 of ��� -I"4�"s�-
<br /> ;; �- 1Q�,as amended,42 U.S.C.SecUon 9&Ot.et saq.("CERCLA7,the Super(und Arr.endments and Reauthoriradon AtA ot 1988,Pub.L No. �.':_
<br /> 89-499('SARA�,the Hamrdous Mat�s Transportatlon Ad,49 US.C.Sectlon 1801.et seq.,tAe Resourt�ConservaUan artd Recavery Act. � ""�
<br /> �� UR :..Y .r-;__
<br /> S E. .t . . 42 US.C.Secdon 6901.et seq.,ot other eppl[cable state or Federai taws,Mes„or regutatlons adopted pursuant to erty oi thedoregoing. The , t s,F -
<br /> � terms"hararQOus wasta'and"hamrdo�subsffince^sha0 atso inctuQe.w(thout amtffitlon,petroteum and petrofeum by-praducta a sny hactlon � ��_—
<br />- . . _ `: theceot artd asb�tos. Trtstor represeMs ertd wanerRS to Len�r that (a)O�ring the perlod of Tnistofs awnsrshlp of tde Pirapariy.there has �_. -�
<br /> F b e en n o use,generaUan,manutacture,sto r a ga,treatmen f.d i s pwat,retease or threatened rniease o1 a r ry haxerdaus waste or subsiance by arry ' -
<br /> `.' �._.,1,�,
<br /> �,` ' pe�son an,under,about or from the PropeAy, (b)Tnutor has no knowtedge of.ar rea,son to betieve that there has 6een.eocoept as preNousty Y' : y;,..d
<br /> "� dtsctosed to ar�d ackrtowtedged by Lender in wrftlng, Q)arry use,generatlon,manulacture,storage,Laatrnent,disposal.re►esse.or threatenad • _ -
<br /> 'E �
<br /> � ` � � retease of any hamrdous waste or subsffince on,unQer.aboul Or from the Fropedy by arry priar owners or oocupams at t�e PropaRy or (�anq • � I'�%``�"'
<br /> �' � actual ar tdreetened I�gaUon or ctaims ot any klnd by emr person retaHng to such mattors;and (c)Ex�eD1 as P�vtousty�sqosed to and � ' � �r;���
<br /> :;:ti� . � �-- - ,+r:::.�:
<br /> acknowledged by Lender fn w�(dng, (i�neither Trustor nor amr tenanf,c�ntractor.�.'d or other autfiorf�d user of the Property shaA uss, __
<br /> �:s;�., . generate.manufecture.store.Ueat,dispose af,or retease any tianardaus waste or su6s�e on,unQer.ebout or irom the P►roperty end (�any ... .
<br /> `�� � suoh activiiy shall be canducted in comp�ance with a0 appecable federal,state,end tocs!faws,regulatlons and ordlnances.inctuding wHhoul •'a �
<br /> 1 fimiffi6on Mose taws,regufations,and ordinartces descr(bed above. Trustor sulhortzes Lender and its agenffi to enter upon the Praperty to , ,.�'�°�r�
<br /> .�y,�,
<br /> make such inspections and tests,at Tnsto�s expense,as Lender may deem appropriate to Cetermine compliance of tha Property with thb 4��1�;�
<br /> secbon ot th�Deed of Trust. Any inspecdons or tests made by LenCer shaU be for Lenders p�uposes only and shaU no!be construed to create �
<br /> ' any responsibNry or IlaOiliry on the part of lender to Tnutor or to arry otherperson. The represaetatlons end warra�es conffiIned Aarein ere _,., _ _�,�_'
<br /> � , . based on Trustor's due di�gence in tnvesllgaUng the PropeRy for hamrdous waste and hazardous substanceS.Tnutor hereby (e)refaasas and , �=.`
<br /> � waives any h�ture ctaims against lender for fndemnily or contributlon in the event Trwtor becomes Uabte for deanup or other costs under arry � � � e�".,;��
<br /> � such Iaws,and (b)agrees to IndemnNy and hotd harMess Lendar against any and a0 claims.(asses,Itab(iiffel,damages.Oenatdes,and � � `:•�_
<br /> ��,_; . e�ertsas which Lender may d'uectty or indirecuy sastain ar suffer res�dtlng irom a breach of thfs secdon of the Deed of Trust or es e • , _
<br /> consequence ot arry use,8eneraUOn,manufacfure.stor�qe.dtsp�el.release or threatened reiease occurt(ng pna to Trustars ownersNp or . � ���,;���
<br /> � < • iaterest In the Property,whether or not the same was or shoutd have been known to Trustor. The prov(slons of tNs section of the Oeed of Tnrs1. . .� • ,.;:;•_
<br /> • �; ' Including the obUgaUon to Indemnity,shall survlve ihe payment of the Indebtedness and the aatisfacUon and reeonwyance ot tAe lien o}thb .
<br /> Deed ot Trust and shall not be effected by Lenders acqufsitlon of any irderest in the Pra�erty,whether by foreclosure a otherwise. , �
<br /> `�'' Nulsanee.Waste. Trustar sha0 not cause,conQuct or permit any nuisance nor commii.permit,or sufter any SMpD�oB a!or waste on or fo the � .���`
<br /> � PropeAy or any poNOn o1 the PropeAy. Wnhoul IlmiUng the generarty ot the toregoing,Trustor will not remove,or grant to any other pady th0 � , . ' -
<br /> _�� �'. : �� rtgM to remove,any dmber,minerats(lnduding oil8nd gas�,soil,gravel or rock praduCts w(ihoul the pdor wriiten conSEn!Ot Lend9r. . .
<br /> �� Remove)of Improvements. Trustor shaU not demolish or remove eny Improvements from the Real Property withoul the prlor wr(tten con5ent �
<br /> 1 of Lender. /ls a condiUon to!he removal of any Improvements,Lender may�equire T�ustor to make ertangemenb satisfactory to LenQer to
<br /> .i,' � reptace such Improvemenb w(th Improvements ol al least equsl vaiue. � .' •
<br /> `� L+enQers 6tfght to Enter. Lender and its agerds and representadves may enter upo:�the Real Properly at eA reasonabte Um�to attend to
<br /> �. ;; � LenCds interesb and to Inspact the PropeRy for purposes af Trustofs compuence vAth the terrr�and condidons of tNS Oeed ol7rusl. _ . . _
<br /> :,. Cu�.�e wlth QovemmentN Requtrementa Tnutor sheil promptry compty wiih aD laws,ordinanc�,and rogNations,now or herna.�ar in
<br /> ,1�,.: eNeCl,at ap govemmentel authorlUes appliceble io the use or oCCUpBnCy M the Pray2rly. Tntstor may contest in gao0 teith eny such law. �
<br /> ��,{��• or�inance,or regulaUOn and withhotd comptiance dur^wg any procgedln�,Induding a;.pccarlate appeels,so lon8 as Tn�:or haa nofftted tsnde► .
<br /> ���T" in wrfUng pdor to Qoing so and so long as,in Lenders sc(a opinion,Lendefs interests m Y�a PropeAy ere not jeopsr6rad. LonQer may require �
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<br /> �:_'� Trustor to poslBQequate seCUdty or a surety bond,reason8bty saUStaCtory to Lender,to protecf Lenders Interest. • -
<br /> �. ;, Quty1 to PrOtett. Trustor agrees neither ta abandon nor leave unattended the Properiy. Trustor shall do ell other aCt9,in addiBon to those aCb �' � . ' �
<br /> set forth 8bove In this seCtion,whiCh fro�the Character and use of the PropeAy are rsa5onably necessa.^y�'o protect end presgrve the Property. I , ;�
<br /> �. ��. DUE ON 9dLE-CONSENT BY LENDER. Lender may,at its optron,declare immediately due end payabie all sums secured by th�s Oeed of Trust ' ' '
<br /> � � upon the sate or Vanster,withoN the Lsnder's pdor wdtten consent,o}NI or any paA oi the Real Propeny,or any interest in ihe Raal Properry. A
<br /> sate or transfBP means the conveyance of Real Properry or any dght,Utle or interest tAerein;.�nether tegal,beneflCial or equitsbte;wheth0r Voluntary E' �
<br /> __ ' � or Involuntary;whether by oubighl sale,deed,installmenf sal9 contract,lBRd contract,cor.tra:t tor deed,leasehold interesl w8h a term greater than �
<br /> . �4 � three(3)years,lease-opt�on conhact,or by sa18,ass�gnment,or Bansfer of any beneflcial s:.erest in or to any Iand trust holding UUe to the Real .
<br /> , ,�. PropeAy.Or by eny other mefhod ot Conveyance O}Real Properly int8r0SL !f eny TruStot IS e corpOrStlCn,partnershtp Or limited Itability Camaerry, ,
<br />- � transier etso inciudes any change in ownetsAip of more then hventy-flve pers�nt(2b96)o}ihe voUng Stxk,pe►tn9rship Interesb o►Ilmfted figbillty
<br /> , • company Interests,as the case may he,o�Trustor. Howaver,thb opUOn Sha11 not Ee exerWSed by Lender if Sueh exerdse ts prohibited by(ederal
<br /> - � law or by Nebraske lav�.
<br /> � � TAXES AND LIENS. The foltowing proNSions retating lo Iha taxes and Ilens on 1�0 Property ere e peA ot this Oeed 0�Trusl. _
<br /> ' Ptryment. Trestor shail pay when due(and in atl6vents pdor to dellnquenCy)all taxes,speclat tnxe9,assessmenb,charges pnctading water
<br /> - and sewer),8nes and impositions teWed agelnst or on acCOUnt of the Propmty.9nd shNl pay whgn du0 ell cielm9 tor work done on or for
<br /> . SeMCe9�endeted or mateHel turNShed to the Property. Trustor shetl mBinTeln the PropeAy tre9 01 atl liens hevlag pd0�ty over or equa)to the �
<br /> mtere5l of Lender under thts Deed o}Trust,excepl for the lien of taxes and esses5ments not due,except for the exisling indebtedness reierrad
<br /> to besow,end except as otherw�se prav�ded in thls Oeed ol Trust.
<br /> " � �. RIQh1 To Contos� Trustor may vnthhold paymenl ol any iax,assessmeM,or etaim in eonneeUon vrith a good taith dispule over fhe obllgallon ..
<br /> to pay.so long as Lenders InteraM m the Property is not Jeopardized. It a hen adses or is flled as e resuii of nonpeyment,Trustor ShaU withln ' '
<br /> ' '` htteen(15)days eNer ihe 6en anses or.A a hen fs filed,wdMn fitteen(15)days afler Trusior heS notiCe of the fiGng,seCUre ihe diSCha►ge of tAe �
<br />.� . : i�en.or d requested by Lender.deAOSd vntb Lender Cash or a SulficieM corporete surery bond ar other security sahstactory to Lortder In Hn I
<br /> i amount suthc�eM b d�scharge the��en plus any cosis and ettornsys'tess or otAer Chatges that coutd acCruo es a resNt ot a torectosurA or 58)e � ' •
<br /> under the��en. In any eontest.Trustor sha:l detend ii5et18nd Lender and shall satisty any adverse Judgment beforg en}orCement flgalrGt the � .
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