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<br /> � � C: . . �LOF��: 4830020234
<br /> , BR SKA °
<br /> �� C. I. 'TITLE INC; 424/31/NII,R25 �
<br /> � P. o. sox i 7a_se DEED OF TRUST -
<br /> ST. PAUL, MN �,F�, I���� �'7� �G
<br /> ' 8o I � --' �
<br /> � I DEAN D. oeeoANE aad i AaAN D. o8H0ANE, ; --
<br /> E67tt6R oB80ANE, I
<br /> HD68AND AND MITE
<br /> asmxsx oseowas I � — -
<br /> • ��� I ADpRE58 �
<br /> 809 80MAAD 11V6 N I 809 SoNLRn AV6 N
<br /> • OlGND IdL11ND NE 686033546 GR1WD I6LRND NE 688033576
<br /> � �#F.EPt101I6N0. WENt�IQAT10NN0. I TELBFi0NEN0. pEN1FlfJAT10NN0.
<br /> 505566508 505566508
<br /> TRUSTEE: iIR6T 811NK. Nr�tON1AL 14`yS��1 F1110' N 1CR • �-ASSCrvIH i ION
<br /> $141 N M8E8 RD 6R11N0 I6LAND NE 6880�
<br /> ; n cons rat on o t e oan or ot ar cr t a t on ere na er s eny ture a ances or uture gat ons,as n Fiere n,w
<br /> rrey herelnafler be advanced or Incurred and the trust hereinafler mentioned and other good and valuable consideratlon,ihe reoelpt and sufficlency of whlch
<br /> _ arw nwraby arJcnowiedged,C3rantor hereby krevocably werrants,barpains,seMs,trensfers,grents,COIIVByS 8I1CI 865IQf18 10 TtUBI@B,hls successora end
<br /> j asaigna,IN TRU3T WITH POWER OF SALE fnr ihe beneflt and seardty of �=ReT T __
<br /> _1 Y�q (•Lender'1�the _-__---
<br /> Gr»f��ary un r t s 6—eed o rust,un r an su t to e terms con ons ere n set orl ,w t o entry an possess on o renta's present —
<br /> � and future estate,right,t(Ue and Interest In and to ihe real property deaulbed in 3chedule A whieh In attached to thla Deed of Trust and Incorporated herein �;,,�,.,�:
<br /> • by this roference,together whh aIi present end future Improvemema and fixturea;all tangiWe personal property induding without Ilr�tation all rreehlnery, �—
<br /> equiprrient,bullding materlals,and goods of every nature(excluding consumer goods) now or hereafler looated on or used In connectbn whh the real �'�;�q_.
<br /> properry,whether or not aHlxed to the land:prtvNeges,hereditarrents,and appurtenences induding all developirient rights aasodated with the Property,
<br /> whether praviausly or subsequerrily tranaferrod to the Property hom other real property or now or hereafter suaceptlde of transfer(rom thls Properry to other .,�•�
<br /> . reai properry;leasea,Iloenses and other agreements;rema,Issues and proms;water,well,ditch,reaervok and Mneral rights and stodcs pertalning to the real �?s.�
<br /> pnporty(cumulatively'Properry'�:to have and to hold the Property end the dghts hereby granted for the use and beneflt of Lender,his aucoaasors and ��' -
<br /> H6SIOfl8,untll paymeM in full of ail Obligations secured hereby. - �
<br /> ' Moreover,In furiher consideratlon,Cirentor does,for Orantor end Orantor's helrs,reprasentatives and assigns,hereby expressly warrant,wvenant,and =
<br /> � apree wilh Le�der and Trustee and thelr suaesaora and assigns as tollowa: �-`���-a�
<br /> 1. OBU�A710NS. Thls Deed of Trust shall secure the payment and performance of all present and future Indebtedness,IlabiWles,oWipatlons end �"�
<br /> � covenents of Bortower or Oraritor(cumulativoly'Obligatbns')to lender pureuant to: �:��_
<br /> � (a)this Dead ot Trust and the foliowing promissory notes and other agreements: C�`-_==�-_
<br /> � - PRINClP/U.AAIOUNT! N�� NATURlTY LOAN =�
<br /> CREOIT411�1R AGRBEMEHTOAT&�_OATB � NUMBER
<br /> t' �`°°`- -
<br /> � 2B,951.98 12/31/97 I 12/31/12 4830020234 - . ------
<br /> .� � � `<'�--_=-
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<br /> � (b)all other presen or ure,w en agreertvin s w en r FiaTre or a y o s e o rus w s K ex�cu or •�ams or dlH�nnt • :�j,w;o;ti:,�
<br /> I purpos�s than ffi�toropoln0): '�r:��:�:.
<br /> I (c) any guaranty of obilgatlons of other partles given to Lender now or hereafler oxecuted thet refers to ihis Oeed of Trust; �fi,�i;�,�::. ;'�'�•.'.
<br /> j (d) fi�ture advances,whether obligatory or optbnai,to tho sartw eztent as If made contomporaneously with iho executlon of this Doed of Truct,made or
<br /> j extended on bahelf of Grantor or Borrower. C3rantor agraes that If ono of the Obllgatlons Is a Ilne oi credit,the Yen of!his Deed of Truet shall continue
<br /> � untll payment in full of ell debt due under the Iine notwllhstanding tho(act that from tlmo to tlme(but bofore terminatlon of the ilne)no balanco may be ^�
<br /> outstanding. At no time during the term of ihis Deed of Trust w any extenalon thereof shall iho unpafd and outstanding sar,urod prindpal fuluro
<br /> adverroes,not Induding sums edvanced by Lender to protect ihe security of ihls Deed of Trust,exeeed the following amount: $_a.&,oa,.on
<br /> � This provlslon shall not constitute an obllgation upon ar commitment of Londer to make additlonal advencos or losns to Grantor;end ,
<br /> � (e)ell amendmenis,oxtanslons,renewals,modi(Icatbns,replacements or subslNutlons to any of thn forogoing. � -
<br /> � As used in ihic Paragreph i,tho terms Graniw and Bortowor shall Indude and also rraan any Orantor or Borrowor if moro than one.
<br /> 2. REPRESENTATION3,WARRANTIES llNO COVENANTS. Cirantor ropresenis,warrants and covenents to LonciEtr ihat:
<br /> ' (a) (irantor has fee simple marketable title to tho Property and shali malntaln the Property froe of all Ilens,securiry Interosta,eneumbronws and eialms
<br /> oxcapt for thls Deed of Trust and those desalbed(n Schedulo B,which Is attached to fhls Doed of Trust and Incorporated hereln by re(orenca,whlch ,
<br /> � Orantor agrutts to pay and perform(n a tlrtqly mannvr;
<br /> (b) Grantor la In complianco In all respocis with all applkablo foderai,slato and local laws end regulatbns.including,without Iimltetlon,thoso relating to
<br /> _._�..._.. .�i.w�•e....�............�el I� e9 n.l ndd..v�M/n.i..•nl�v. n.nn� n.. . ...
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<br /> ', nataraous ryi�ianam. ao wm�w naioiu.anu vu�o�o��.��..����A��.a��a��:,�o�..... ..�................�_.._.._._.._...._. ..._._�.� -�-
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<br /> othor govommontal or quasl govemmontal entlty has filtxJ a Ilen on the Proporty,nor aro thore any govQrncrwntal,judiclal or adminlstrativo actlons wlt i
<br /> ' rospeCt to onvlronmontsl matters ponding.or to tho bost of tho Cirentor s knowledge,throatened,whlch Involve the Proporty. Nelther Grantor nor,to tho
<br /> bost of Grantor's knowledgo,any olhor party has usod,gonerated,rolsased,dlscharped,storod,or disposod ol any Hazardou�Matarials as deflnad �
<br /> horoln,In connectbn wlth tho PropeAy or Iransportod any Hazardous Matorials to or from tho Proporty. Qrantor ehall not commlt or pemrt such adbns
<br /> to be takon In tho futuro. Tho torm"Hatardoua Materials'shall moan any substanco,mateHal,or waste wf�lch Is or becorrbs rogulatod by any
<br /> governrtwntel authority Including,but not limftod to.(I)potroloum;(fl)frloblo or nonMable asbestos:(lii)polychlorinated blphonyls;(Iv)thoso substancvs.
<br /> matorlals ar wastos doslgnatod es a'hazardous substencci pursuant to Sedlon 311 0l tho Cloan Water ACt or Ilstod pursuant to Soctlon 307 of the I
<br /> Clvan Wator Act or any arrandmonte or roplacomonls to thoso slatutos, (v)thoso substanu�c. matorlals or wastos detinod as a'hazardous waste'
<br /> pursuant to Sectlon 1004 oi th4 Rosourco Consorvatlon and Rctcovery Act or any amendrrants or replacamonts to that statute;end (vi) thoso �
<br /> substances. materlals or wastos do�lnad as a "hatardous substance' pursuant Io Sectlan 101 of Iho Comprehenslvo Environrrbntal Rcsponso,
<br /> Cortponsatlon end Llablllty Aci,or any artlondmanls or roplacements to that statuts or eny othor slmilar state or fpdoral stntuto, ruln,rogulatlon or ,
<br /> ordinanco now or heroafler In offoct- Grantor shall noI loaso or pemdl the subloaso ol tho Proporly to a tonanl or subtonant whoso oporatlons may
<br /> rosult in contamination ol tho Proporly wilh Hazardous Matorials or toxfc substanoos:
<br /> NED�T Rev 29l Pape 1 ot 6
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