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<br /> Ciraad Islaad. NS 68803 � ,j� '� « � .:.,,�:
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<br /> ' � , � �-� DEED O�TRllST' �s_.. .,
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<br /> � Verne Peaas Vern Penas. Susbaad aad Wife -
<br /> PatriCia Penae. Sneband aad Wife ;
<br /> � ` Patricia Heaae � � ' —-
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<br /> l308) 388-5503 508543189 (308) 382-5503 508543187 _`_ . �-; �_wT_
<br /> ��IIaioa Baak & Rruet Co. � � ��'��r'�
<br /> '� � �:�,. ? 3008 N 9Jebb Rd. �isan8 IAlead. Ne 68803 I . �., as-'
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<br /> � � � M consldaraUon of tho loan or other credtt axommodaflon herelnatter specifled and any luwre advancea or tuture ODIigaUana,ea datined horefn, � �
<br /> s ti:° � � • which may heroafter bo a�lvanad or incurre6 and the trust herotnaRar mentlaned and mher good and vatuabla cana�dera�an,tAe�ecetpt and � _
<br /> �� � . ". aufflciancy o!whtet�ece hereby seknav edgea��,w�a� '�'"e1t�cb1o�r ..�`�'�,-�c�:�a°�'B��'a�o�e'��Soa i�3�°Ro�a:"`� � '��
<br /> auccesaors and asatgns,in truat.tor e�i : .o.�:...�--
<br /> !.�.�f � ' 4 ialaad 688 a �Lendaf). the �..=:_--
<br />= :�� , bartefletary undar thta Daed of Truat,wtth Dower of sale and Aght of entry and possessiort ail ot(iranto►'e pcesern ana tuture eata�.riBht,tlHe and ---J
<br /> inteiest in and to the ceal proparty EescHbed in Scheduta A whlch is attached to this Oeed ot Trust and incorporated herein by this reference,togsther ..,�r
<br /> • ' uvith a11 presentar�d future improvements artd fixtures;all tangible personai property,including,without Iimitation,ail machinery,equipmeM,buiiding i _�
<br /> ' matedats,and good9 of avary nawre(exctuding househoid goado)now or hereafter lacated on or usod in conneqton wtth the rea!property,whether _
<br /> �� � ot not aftixad tv t he lan d;a i l p r t v i i e g e a,h e r e d i t e m e M S,a n d a p p u r t en a nces,lndudin g all deveiopment righis assaciated with the ceal propertY. � � ,.!.�,
<br /> , wheiher pceviausiyr or aubsequentiy trensterred to 1!►e reel property from other real property or now or hereafter suscepUbte of tranafer fram this re a l . :m�
<br /> :�:'.; propany to ather�ea1 property;all teases,Iicenses and other agreemerKS;aii rems.tssues and profits;all water.welt.diich,resenrotr and mineral , �'��_�
<br /> hqhts end atoeks perteining to the real proparty(cumulaUveiy'Prope r t y');to have an d t o h o t d t h e P ro pe R y and the ri gMs hereby gtanted tor the use �.;;, _ T_
<br /> '. ,- - and beneHt of Trustee,hia suceessors anA asslgns,umfi paymer►t in(uii of af{Obttgatioa�sca+rcd hcredy. —. - ..-
<br /> � ,� : Moreovar,in turther conalderaUon.(itanLOr does,ior t3rantor and(3rarrtor's hetra,cepresentaUves,suecessors,and assigna,heceby expressl�► '•-� _
<br /> warrant,covenant,and agree with Lendar and Trustaa and thefr suaesso�s and assigns as fotlows: •-*;
<br /> "=�' � 1. OBLtGATiO'�iS. Th�$Q��of Trust shall eecure tAe payment and pertormancs ot a11 present and future lndebtednesa.Oabftittea obiigaUons and 3-,
<br /> . covenants of Borrawer or tirantor(cumutaUvety'Obligattons')to LenQer pursuaMto: , • . ", _�,-�_
<br /> a this deed of Truat and the tollowin romisao notes and oUfer reements: � ;,.
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<br /> - � e� g�,iig.00 O1/24/98 os/aa/oa 26366 lsi� aii�ao ' �
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<br /> � (b ail other pressM or re written 8gteemorKS v�tth Lentar that refer specifical to s Deed of Trust eiher exeeuted tot e samo or . :__. .
<br /> dlftereM purp�sss�at�thetorogotng); .
<br /> • � (o)arry guaraMy ai obligatlona of other parties given to Lender now or hereafter executed that refera w this Oeod of Truat; ;
<br /> . • . (d) tuture advances,vfiether ob�tgatory or opUonal,W the same extent as if made contemporaneousty with the executlon of thts Oeed of Trust, •...
<br /> made or excended to or on bohaif o1 Qrar►tor or Borcowor. Oranmr agrees that N one ot the ObUgaUons is a 8ne of credN,tha tlen ot this Oeed of
<br /> Trust 9ha11 continue untii payment in full of ail debt due undet the Une notwfthstanding the tact that from time to Ume(but hefore termination of
<br /> �.,• f tha tine)no batance may be outsmnding• At no Ume ahall the Ilen of this Oeed of Trust,not Ineiuding sums advaneed to proteat ttfe security ot : „
<br /> th19 Qeed of Trust,exceea s la,aaa.D 0 ;and
<br /> � (e)ail amendments.extonsions,renenals,modNicaUona,reptacements or subsUtuUans to any of the toregoing. -
<br /> � A9 used In ttfis Paragraph t,the terms�rantor and Borcower shall Inctude and atso mean ar►y Grantor or Bortawer if more than o�e. � .
<br /> 2 REPRESENTATIONS�WAiiRANT1E8AND COVEHABiT9.Qrantor represerns,warranteand covenants to Lender that , �
<br /> � (a) Orantor has tee almpte marketable titte to the Property and ahail mair►tain the Property trea of all Iiena,secarity intereats,encumbrances and .
<br /> clatma exeept tor thts Oeed of Trust and those described in Schedule 8,which Ia attaehed to thle Oeed of Truse and inaorporated herein by . .
<br /> reterence,which tirantor agrees w pay and porform tn a Ume►y manner, •.
<br /> • �� (b) tirantor is in camplianoe In all respects vritt�ail applicebte fetlaral,state end local Iaws and regu(ations,Inctuding,without Ilmitation,those . .
<br /> ' roiaUng to'Hazardous Materiats;as deflned heretn,and other envlronmerstal matters (the "Environmental laws'), and neitt�er the tederal �
<br /> governmarrt not the sfate where the Property is located nor any other governmental or quasi govemmeMal enUty has tited e lien on tho Property. .
<br /> ;.. nor are thero any govemmental,judi�lat or adminlsuaUve acUons with respect to environmental matters pending,or to the best ot the Granto►'s
<br /> knowtedge,threatened,vfiich inwive the Property. Nefther Grantor no�,to the best of Grantor's knovAedge,arry ather party has used,generated. .
<br /> --. + retessed,disCharged,atored,or disposed of eny H828rdous Materiy�a:t deHrted herelrt,In conneation with the Property or ttansported 8ny , ,
<br /> Hazardous Matedais to or trom the Property. Grantor ahail nat eommit or permit such actions to be taken in the futuro. The term"Hazardou9
<br /> � Materiats'shail mean any aubatance.matetlal,or waste which is or becomes reguiated by any governmental suthority includtng,but not limited � . .
<br /> � �• . to: p�peVOleum;(ii)friabte or nonfriabie asbesto9: (�i)polychiorinated biphenvts; Ov)those su6stanees,materlais or wasies designated e9 a �
<br /> 'haxardoue aubstance' pursuant to Section 311 of the Clean Water Act or Ifsted pursuant to Section 307 of the Gean Water ACt or any
<br /> '• amendmeMS or replacemeMS to these statutes:(v)those substances,materiats or vraste9 detined as a'haxardous waste"pursuant to Secdon ; • �
<br /> .:��;'.�*� tOD4 0}tha Resource Ccnservatlon and Recovery Act or any amendmerns or reptacements to that statu'.e:and(vi)those substancea,materiata or • . ,
<br />- wastas deflned as a'hazardous substanee'pursuant to SecUon 10t of the ComprehensivB Envlronmental Response,CompensaUon and Uability j
<br /> � j Act,ot atry emendmenl8 or repiacements to that s�atute or any otAer simitar stete or federal stawte,rute.regulatlon or ordinanoe now or hereafter `. , .
<br /> �' :. In eNect. �rantor shail not lease or permit the sublease of iho Property to a tenant or subtenaM vlhose operaUona may result in eontsminaUon of P
<br />• , � the PropeRy with Hazard0us Materials or toxio Subsffinces;
<br /> ' (c) AII gppllcahie lawe and reguisttone,inciuding,without tlmitaUon,the Ar.�erlcans with�isabi�itles Act,42 U.S.C.Sectlon 12701 et seq.(and ail E
<br /> - � regutationa pramulgated thereunde►)and a11 zoning and building Iaws antl regulations reiating to ihe Property by vlrtue of any federal.sYete or i
<br /> • I municipal auihorily with Jutisdictton over the Property.presenUy are and shail be observed and oompiied with in all materlal respects,and all i
<br /> - -- i rights.licenses.pe�mita,enG aertlfieates of occupanoY Gneiu�ling but noi Bmitod ta zossing vatiassees.spede!exC9ptions fer neneortforming uses. _ --.-- _—
<br /> i and flnal inspectian epprovals),whether temporary or permanent,wnlch are materlal to the use and occupancy o}the Property,presentip are and � _
<br /> � shall be obtained.preserved and,where necessary,renewed; \� ty �/,/��� r '
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