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<br /> : � � ,� � DEED OF TRUST Page 2 _` �;�, . •
<br /> 07-14-1998 Co�inued) �(i�5�� �'
<br /> . . � : �o���stasss � 9�-0 _ �:�E�`E :-��.�..
<br /> ` — su�sirturions ior ine o d. ....��eb.,,,n�,
<br /> ` �— IY I �i1v 1Ti$aw � '. � . .
<br /> cosigners to Lender,together with e0 renewais.e�ar�sions.modifications,refinanangs,and
<br /> .. _ O88d of TtuSt is JanuarY 15.20�i• _ �
<br /> Pe�al Property. 7t►e words'Fersonal Prop�mean aU oqu�Pmer�t.fatures.and oth�with a� �acoessioes.Pans.a�nG ad�i o m,a0� .. . :
<br /> � � ` owne0 by Tnator,and no�+►ar herea'fter attached W ed5xed to the Reai Praperty: aBO� - ,,�. .
<br /> teAtacemenfs o!,and ell 51�bStihAions tor.anY ot such proAeAY:and taBether w w i t h h aU Oroceeds Qnduding wittiout Gmiffitlon a0 insuranoe ,. .
<br /> • prooeeds and refun�04 premtums)from a►ry sale or otRer QisAosdion of the Propa�tY• - , .
<br /> , .. Pra�erlY.The w�d'ProAeAY means coDecMretY the Real PiroD�Y and the Personai Property. '. . .
<br /> �_ .! Res1 P+tOpetty.The words'Real ProAeAY��the P�De�Y.(ntetsst5 8t�d dghts d95ctt�ed ebove In the'GomreStanCA end GrBnY S9Ctfon- ,, ..`�r
<br /> � Retated Dowmenls. The words'gtetated Oaeuments'mean and indude wlthaut 6mitatloe all prom155aY�otes+aed�ag�ements,taan �
<br /> .. . •' t agreements,emrtronmental agreemerrts.9uaranties.sec�usql 89reements.mattgas�*Qeeds of trust,and aU ottier ir�sUUmer�.agreomertis and
<br /> . ; dacumertls,whether now or hereafter e�asfin9.executed in connecUon wilh the indebtedness. , -.- - � __.-
<br /> - --- � + Rents. The viord'Rents"means au preseni end tuture ceMS.revenu�.income,issu�.cayaltias.P+n�.en�ather benafits dmived from the ---`._;�..`:--,
<br /> , .f:. _
<br /> � prop�y. .. - � '.
<br /> � , . , . � T�ustee. The word'fn�eer means UNfTED h�RASKA BANK end e�r sub5ti4As�suaessor tnutees- �. • . .
<br /> - � F Tnrsta. The wwd'Tnuto�means any and aU persons and entities execuSng this Oeed of Tnist,indudfng wnhout Qmita�on etl Tnistors named
<br /> � ' above. --- � `
<br /> TH1S OEm OF 7RUST. INCLtJDING TFQ2 ASSIGAINIENT OF RR�TS AHD THE SECUR1�1f IN7EREST [N THE RENTS AND PSi.SOi�AL . ;i`.r.-:-.:
<br />- , . PAOPERTV.IS GNEN TO SECtIFiE (1)PAY6d8�7'OF THE(NDEBTE�NESS ANO (2)PERFORMANCE OE etHY AND ALL 0811tiATlONS OP . , .; �.:,.
<br /> ER O
<br /> TRUSTOA tl!lOFA THE i�107E.THE fiB.ATED OOCllNlENTS.AND THiS 0�OF TRUST. THIS O�OF TRUST{S GIVEN AND ACCEPim �...'..-.���:
<br /> Ot�TME FO1LOWitiG TERMS: �.� -.. `E<:"_ ;.`_---'
<br />� �=f PAYMENT ludD FE�GRlAAI�iCE. FxceAt as oiherwise provfded in lhis Deed ot Trosf.Tnator shaU DaY M Lender sU amau�rts sacured by this Oeed
<br /> ` of Trust as 1heY become Que�a�d shaU striLMly and in e timely manner pertorm aD of Trustors obflgations under the Note.this�eed af T�ust,and the —_---
<br /> � RelSted Oocumatds- � R
<br /> . h:�.'--_.
<br /> ` pp�,q�tap pKp I�UHTQ�IqNCE OF T1�pROPBiTY. Twtor agrees tUat 7nistoPs p�on and use of the Fraperty Shail b9 govemed Gy :
<br /> thefattowtngprovisfot� `; ,�''�'`�_
<br /> Possssston an�IJse. Urrt�7 the occurrenee of an Event of DetaWt,Tn�stor may (a)remain in passessian and conirol ot the Praperly. N)use. ,' ,_�
<br /> _ operate or manage the Properly.and (c)coQeet any Recds from the Praperly. . _ =--_
<br /> : ,_,�.-.
<br /> . . . Oury to htair►Ta1n.Tnutor shalt maintain the P�ropedy In tsnantabfe cond�Bon end promptly peAarm aU cepa5s.rePtaceme�s.end maintenance ----�_.::�3-��T.�
<br /> � ' necesserY to PreseNe i�v81ua �:.`�`r,.-�--
<br /> , • ..: � � .
<br /> ' Nemrdous Sub�taneee. The tecros"hamrdaus waste:"Aarardous s�stance;dxpos�'1'eieasa.'and"thteatened telease,'es�ad in lhis ��s*-:;�---•
<br /> ���g:�'_
<br /> . ! Oeed ot Tnul.shall have the same meanings as set torth in the Comprehenshre ErnUOnmenffiI ResDunse.Comper�sation.and L1aDiGlY Ac!of , .C�-_E..:_�.
<br /> • � 198�,as amendeQ 42 U.S.C.Section 9601,et seq.(°CERCLA�.the Superiund Amendments and Reauthorf�atton Ad o11986,Pub•L-Nc- .�`
<br /> •°, � ^r �!�',.-,
<br /> " . . ,i gg..qgg(^SARA',ihe Ftarardous Mateclais TrarupoAation Ac1,49 U.S.C.Sec�lon 1801,ef seq.,the Resouree ConsenraUon and Recovery Ad. . �1�
<br /> � � 42 US.C.SecUon 6901,et seq..m other applicable state ar Federal laws,rutes,or reg�9aUans adopted pursuani to any of tha foregofng. Th9 ";ya�;.
<br /> . ��.•_.
<br /> terms'�ezerdous wasts and'Ramrdous sub tanea shall atso indude.without Qmitetion.petroteum and peVoleum by-products or 8iry fracdon '�_,��_._
<br /> • 5 � thereof and asbestos. Truslor,.eprese�s aed warrants to Lender tha� (a)During the periad of Trustor's ownership of the PropertY.there has ,�r�„�;.
<br /> �. �
<br /> been no use.generation.manutacture,storaga.ireatment d�sposal.release ar threatened retease of any hatardous wasls or substence by erry :;-1:_�,.
<br /> � person on,under,aboN or hom the Properly: (b)Trustor has no knawteQge ot,or�eason to betleve thai there has b�n,except as previot�sly ' t�--
<br /> • .. ,�;f,_ .
<br /> � � disclosed to and acknowtedged by Lender in wd6ng, (i)any use,generaUan.manufacture.storage,�eatmenL Efsposei.�e�ease.or tAreate�ed ,, l
<br /> reiease of any hazardous waste or substance on,under,aboul or irom ihe Property by any Ortor owneis or occupants ot the Properly ot (ii)acry ``•,; . .;•;
<br /> �,�,�-._-
<br /> actual or lhreatened CrtigaUon or dalms of any kind by any person retaUng to suCh matter�and (o)6ccepl as previousiy d(sdased to ead y, ;�`��;�:
<br /> acknowtedged by LenQer in wri6ng. ()nefther Trustor nor any t enan t,con b a c t ar,e gent or other authorimd user of th0 Propetly sha0 use. �-•
<br /> gener8te,manutacture,store,treat,dLspase of.or re►aase any ha�rdous wasta or substanee on,under.about ar trom the Property end (�eny �%�:'`
<br /> � � sueh activityt shaD be conQuded in comp�anCe with aU appiioable federai,state.and�aeal Iaws.re9WaUw�s a�d ordinancas.tnciudtn9 wHhaut . �_
<br /> . ' , - Iirtiltatlon those taws.reguta8ons.and orNnances d�cr(bed above. Tcustor autha(zas te to determine $encomp8a�e W 1t�e�Ptonp�tff�A►tri,�this . •-;.,�-�3_•-,
<br /> make such inspecdons and tests,at Trusto�s expense.es Lendar may deem apDrop � •-=.��.-
<br /> • secNOn ot the Oead ot Trust.MY inspeedons ar tesls made by Lender shaU be tor lendefs purposes onty and shall not be construed to create ,�
<br /> � � � - any respo�ibiGty or UabndY on tha part o!Lender to Trustor or to eny other person. The ceprese�a8ons and wertanUes eonTained heretn are „� ,` � .-.
<br /> based on Trustors Que diiigence in invesUgaUng the Prope�ty tor harardous waste and harardous substances. Trustor trereby(a)releasss and :� -,
<br /> watves any tuture ctatms age�ns►Lender tor indemniry a corttribuUOn fn the event Trustor beeomes�able for qeanup or other eosts under any � .::�'•�__
<br /> '` . .:' � such laws,end (b)e8rees to IndemnHy and hoid harmtess LenCer agalnst any and aU daims,losses,Oabi�Ues.damages,PenalUes.and , : :,»��„
<br />- � .,I e�enses whicA Lender may dtrectlY or IndirecHy sustaln or suHer resuittng itom a breach of this section ot the Oeed ot Trus�:,or es a
<br /> 1 consequenoe of arry use.Beneration,manufadure,storage,disposal,wtease or threatened retease occuMng prtor to Trustors ownersAlp or , ��,-
<br /> � ` 1 fitecest in ih0 PropeRy.whether or not ihe sart►e was or shoul0 have been known toTrustor.The prwlsions o1 th�secUon of the OeeO o)Trust, : ;�—
<br /> � . � IneluQing the obtigatton to indemniry.shell survive the payment of the tndebtedness and the seflsiatUon an4 rBCOnveyance ot th9 Uen of tN3 , . -=-
<br /> . � Oeed of Trusl and shalt not be aNected by Lende�s acquisition ot any interest in the Properlyl.whetAer by foredOSUre or otherwf59. '�
<br /> • I IYUlsance.WastC. Trustor shall not cause,condud or permit aeY nuisance nor comm�.Tsustor wiU n o tremo re,o0rp��an1 to any o het pady the � - � ��`
<br /> Piroperty or any poAlon ot the ProAerty. WithoN Gmffing iha generatity of tAe toregoing, •
<br /> � � � � : � dght to remove,any Umber,minerats pnctuding oil and gas?,soil,gravel or�oGc products without the pdor written consent at LenQea . � ,.
<br /> Removaf of Improvementa Trustor shaU not demotish or remove ai►Y�mprovemenb trom the Real PropeRy without tha pAor wrilten consent ,,
<br /> , of Lender. A3 a condiUon to the temoval of any Improvements,Lendar may tequlre Trustor to make arrangemenis Satistacfory to Lender to
<br /> , . repl8ce SuCh tmptovemertts w(th Improvements o}et feast equal value.
<br /> � Lender's Hignt to EntBr. Lender anC Its agenb an�reAresentatives may enter upon the Reel Property at 811 reesonable tlmes to ettend to , •�. •
<br /> ' Lenders interests end to inspect the ProperN tor purposes ot Trustofs comptlance wltb tha terms and condiUons ol this Oeed of Ttusl.
<br /> ! . COmpilanee with Govemmental Requiremenis. Trustor shall prompfly compty wilh eil faws,or d inBnce9,an d r e g u i a tt a n s.n o w o r h e[e a ft e r in .
<br /> ` eifect,01 all governmental euthorities appticable to the use or occupancy of the Propertyr. Trustor may contest in good fai1A 8ny Suth law.
<br /> ordinance,or regutat�on and withhotd compitance during any proceeding,including apptopriate appeals,so long es Trustor has noUfied Lender -
<br /> ' in wnting pdor to drnng so end so long as,in LenQer's sole opinlon,lender's Interesfs in the Properly are not jeopard�aed. Lender msy repulte , - �
<br />. Trustor to Oost adequate secunry or a surety bond,reasonably satisfactory to Lender,to proleCt Lender's inter65L .
<br /> • Outy to Protee4 Trustor agrees neither to ab8n0on nor leave unattended the Properly. Trustor shall do all other aCts,in addillon to t8ose acb
<br /> ` set toAh ebove In this s9etion,whtcfi from the CherBCter end use of the PropeAy ete reasonebty neoAs58ry t0 pigt�ClBnd pres9nr8 th9 Propetlq.
<br /> : � � OUE ON 8ALE-CONSEHT BY LENDER. Lender may,a1 Its opllon,dectare immediately due and payabte all sums secured by thb Deed ot Tnut
<br /> • . � upon the sate or hansfer.withoul the LenCers pMOr wrilten consent,of atl ar any parl of tAe Reat Property,or any interesf in the Res!Property. A
<br /> ' ^sate or Bansfer m0ans the Conveyance of Rea1 Property or any dght,tiUe or interest therein;whether legat,beneflcl8l or equ118ble;whether vOtUMBry
<br /> • � . : i or Invotun4sry;whether by outrlght sale.deed,instaliment sa►e contracl,tend conVact,cantract for deed,teasehold interesf with s term greater than .
<br /> Ihree(3)years,�ease-opUon contract,or by sale.asslgnment,or transfer of any beneflGal interesl In or to any tand trust hoTding UUe to the Reai
<br /> � he sta�8lson G�ude9'8ny ChBngv�n owne h p ot moree thanp�enity-five percent 2696)ot thec oU g tockppartnersh p intertests�orbli�mlted Ua�6fi ty
<br /> ' tompany Intetests,as 1he case may be,ol Trustor. Mowever,this optlon ShaH not be exercised by Lender if Such exercise is prohibited by fede�al • :
<br /> � taw or by Nebraske Iaw.
<br /> ' 7Al(ES AND LIENS. The foltowing provis�ons relating to tAe taxes 8nd hens on the Property are a paA ot ihis Oeed ot Trust. . .
<br />: PtrymeM. Trustor Sha�l paY when due(and m all events prlor to deitnquency)all tazes.speclal taxes,essessments,cherges pnctuding water ; , - •
<br /> � end sewer).Ones entl impos�UOns levied agalesi or On account of the Property,and sh�il pay vihen due e!I cieims tor work done on ot tor ,
<br /> ' � se�render80 or meterlal lumished to the PrapeAy Trustor shall melnTatn the PropeAy ire9 ot 911 tlens haNng pdOrtty Over ar equ81 to fhe �
<br /> .,t interest ot Lender under t�is Oeetl of Trust.except fot the uen o1 tattes end assessments aot Que end except 89 othervrlse provlded In this Oeed !' .
<br /> , 01 TtuSl. �
<br /> pigh!To Contest. Trustor may w�tnnold paymenl of eny tax,assessment,or Gelm in connection with a good faith dispute ovet ihe obOgaUon
<br /> � to pay,so long as Lender's inle�esf m Ihe PropeAy is not Jeoperdized. If 8 68n artses or is fi�eA es e result of nonpeyme�t,TtuStot sh811 witfiin +
<br /> hfl08n(15)tley5 8+t8r thg lien enSeS Or,d a lien is fited.vrdnin fiBeen(15)days after Trustar has notiCe of th9 fiiing,secure the discharg9 01 the
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