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<br /> � � DEED OF� 1'RTJST � 1 ".t� _- -. _ .,:
<br />.'r, , �,� —wa�r.
<br /> BARR4WEtt GRANTOR ' . - _
<br /> AHI�I��i K. PER�! I A 8Il�'L8 P�SGN O • � � � �•
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<br /> ADDAFS.9
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<br /> �� 260b N. JAY SiREEi' � �
<br /> I 2606 N. 'JA1! �L' i t�t1�I�ID IBI+i�I�IDi AiE 688�3 - . � ••�' -
<br /> (,�tAND ��LID� IdB 68B03
<br /> I ?61.P.PHO*tENO. iD8'JRi1CATi0YNQ i TBL6PHONENO. mffiY�IflCKpONNO. . "N'c,'.����- •��""'�.
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<br /> �n considemcion of the loan ot other cced'tt aaommudation hereiaaftor apecificd acd any fumrc advances or furure Obligatioav, as do5nsd he[ein. • ,..„, • �c • _.��
<br /> a�,:
<br /> which mey harcinaRer 6o advanced or incurred and thn 4us[ hueinafter mcntioaed and other good and valuable considaatioa the recdpt and �';��:-,��,e=.-•_.�.•.!i.' �.
<br /> su�cier.cy of wAich are hercby acknowledged. timntor hereby imvacably warrants. bargains. setis.emrofcrs. rmte. conveya sad aasigas to Tnutea, ` ;��j,;rj,�<�
<br /> � 6is successors and assign9- M TRUST W�I'N POWFR nF SALE for the benefit artd s�xurity of f[RST �ANK Oi SOIJTH DAKOTA (NATIONAL � 4�f':.r�si,-•�
<br /> ASSOCIATION) 141 liORTH IIAIIJ AVfNUE SIOUX FAILS S4 5711T ' T �� '�� ��`��
<br /> ('Lendor7.tlia boneficiary under this Deed of Trust.unda and subject w the tetms ond coaditions 6ecein set Yorth,with right of entry aad pauession �,_ � '�'
<br /> atl of Gwntoe's preseN and firture est+te. rigM•lide and inteteat in aad w thc neal propcny dts.:riheG ia 5chedale Awhich i�annched to ibis lZeeed of '' '�"`°.,''.
<br /> �
<br /> Tmu and ioeorpamtod hucin by thq refcrcrn:e. togcthor with all pres�:rt and future improvcments and fixtun:s: all tnngible persoaal �ropetty �.�„9f�,q,''�'t�d_:-,, s.�.
<br /> ' including without limitatioa atl machinuy, eqn�pmanw building maurinis, and ga+ds of evcry �nwa (excluding consumce gends) now or heeeafttt ��f�ts4 i�
<br /> lacated on or uscd in connection with�Ae neal propecty. whc:hcr or nat affaW to�he Innd: pri�iteges.htreditamems. artd uopuRCUUxea i¢cludiAg all r. �,,t� �� -.
<br /> .� _� r..+ °:-.
<br /> developmem rigdu assaciatcd with ihe Propeay. whec.'�c P�+.-�ioucly or subsequenUy craasfeixd [o t2�e Rvpeay fmm otha anl propecty or aow or ' S� ,.{�
<br /> ' hercafter suxeptible of transfer Crom�his Property to othet�l Qroperty: leaaea. ticcnus aad other egrecmetns: nrnts,issu�aad profits:walar.well. _ -
<br /> ditch,asmvoir and minetal rig6ts und cweks penuininy to thc real propeety (cumulatively 'PropeAy7:to have aad to hold the Property and lhe righta '-^ ��. .;�� '_'
<br /> hoeeby grantcd for the use and bena�t of Leader.hie successois und assigmi,until paymem in full of all Obligations sccured hereby. '' '' �
<br /> - Moteover,in further concidtration. Orantor doca. for Gmmor and tirantor s hcira, reprcacn�ativea and assigns. hcnby e�tpres�ly wacrant,toveawt, •,_ : � :�
<br /> and aym,o arit6 LeMer a�Trusta aad t6o1r wccessors and assigiu as Pollows: �"'_�
<br /> l. O B L I G A T I O N S.T Ais O eed of Tn�u cLall securo tha pa y mcat and perfomwnce of all presrn� and fu[um indebudneu. li�6ilidea,obligattons end �;'�"' ''�'���'*r'�
<br /> ' ��.
<br /> " �+�`.. covenants oP Borrower or anrnor(cumuletively'obli�ationa'tn Leader putmunt[o: ..�(,� �
<br /> (e)this Decd of Trust and Uta following promisaary notes and acher agreemonts: --- -�- ---°-- -`
<br /> ' PRINCIPAL A11tOt7ti'YI � hDYPI MATURTCY U1AN E^-,"f'""'t„,���;--
<br /> : � CRF�ifl�4lPf__ AGIIPlI1'IP1�PiDATE pATE NUl►�FA --`—
<br /> :- �.si''a��!'..T77�'�:�-�.:
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<br />',;:.,� (b)all o�her pmsent or futut�o. wrilten egreements witA Lendor that rofer rpecifically to this Deed of'E'c-.rst(whether a[etated for We SWAB ot °1:''� �''9'• •��'
<br /> ( differ�t purpas� tha�tLe foreeoiap): '�'A:'� � �
<br /> : ;'y (c) any gunmmy of obligatiore of ot6er parties g'rvan ro Iz��x now or henaRer executad that rcfers[o thia Dced of Tmst: '���s$�,,
<br /> �i.t �
<br /> .' (� t i�t u ro a dv a n c es, w h ethe r obli y ato ry or o ptionil. w�u semo extent as if made comempomaeously aith the exea�rlu of lhis Deed of Tnu�, . .� - �`4��x'•,;;
<br /> '• r' m�d¢ vr oxtended on behalP oP a�arrtor or Bormwer. GRntor ugreea that iforto of the Ubligations u s tino of crcdi�tkia::ea of Ihis Dced o47'nw =.i �i�t��'a4�;��ti�•
<br /> i ahsll contlaue uNil pnyment in fuU of a11 Qc6t duo unQcr tF.c lirte nohvitltamndia �he fuct that ftom limo to time (hut beforo tosmiduia� cf tLa lino) �� �
<br /> no b�l�nce muy tre outstonding. At no timo duting the term of this Deed of Trust or any extension tharcof' ahaQ tIIia unpsid att0 oa.�tatanding � �k�"
<br /> � ' �ecutni principal flttute adv�aoea, aot including ruma advnnce0 by l.endu to pmtect the sewrity of Ihis Dced of Tnist.execed 6e followiqg .� — -.�;
<br /> ' amoum: 5--------• 7'A�a pmvision ahtll nut constitute on obligation upon or cammitmem of l.cnde�to mnko additioml advaaees o� R ;;:{�:_,
<br /> :� j loans to Onntor,und � '. �.� •.� ••:``,;-�•�i`�.-"-
<br /> ` .�,i�.�:;�.j�:.It*wt,.'ctY=,,..
<br /> � (o)atl amcndmenU,axtana'tams,rcnewal�,modifcations,replacemente or substitutions to any of the forcYoing. - i,r=
<br /> -, � pa used in thi�Pnngrnyh 1.the lertnw arentor and Bortower shall includo ond alsn mean nny Omntor ot Borrower�f nwre thnn one. �'���' ,
<br />,.... . •'19"7c'-,."S�°J'TR�¢f:C�»F;'��
<br /> 2, REPRESENTATIONS.WARRANI7PSANDCOVF•NAIYTti.Gmntor rcpmsanu. warranta and covenants tu Lender lhot: , ,;µ;;��,�,y;.,,,,;
<br /> ' (a) Orantor hae fee aimplo mz�keWble tit?e to the Pmperty and ahall rnninmin the Propcny free of a1t Gens.�ecurity interosu, cncumbrarrces end - y. ;-r.-�. _�-: ---
<br /> - � claitna except for tAi� Deed of Tnrst and thnse described in Sehedute B.which ia attached ro thia aeed of Tnist and incorpom�� Q�etsin Dy ''i'""''� ���•
<br /> ' i
<br /> ' rcfencnce,which Qrotrtot egrces to pay end perfortn in a timely manner, '���;�'��E��:
<br /> (b) Orentnr ia in eomplianee in aU respeets with eU epplicabla federnl. atate and l.xal I�ar�and mgulation�. includic�, without limimlion, those ;,�,,p,�::: " '�:�
<br /> _ rctating to 'Hn�rdoua Materials,'as defincd hcain. and o�her environmen[al matterx (tho 'Environmenm! Laws'7,and aeither the federa! ,-,_„�;}.�. -
<br /> govemmen� n��r any othm governmental or qunai govcmmunml entity has filed a ticn on�he Propeny, nor nro the�any govemmental. judioial ot -•:1'•-•.w=..' ,
<br /> administmtiYe actiotu with rcspect to environmen�et mn�tcra pending. or p�the bcs� of thc amntor's �cnowtedgc. �hrca�rned, which involve the � . � `
<br /> _ Piropeay. Nei[her Owntor�or.tn�e Aeat of amnmr's knnwledgo, ony other party has used, genernted, rcicased, diac[anrged, awrcd, or disposed ' � �, ,
<br /> of nny Ha�nrtlous Materinla as dcfirted hercin. in cnnnation with tho PirapeAy or tmnspartcd any Narardous Mnterials to or from the Ptopeny. . . . '.f-
<br /> Uraatar slwll wt coaunil or permi�such actinns �o hc wken in the futurc. The tetm 'Hnzardou� Materials'shnll mean any subsronce, materiel. or
<br /> waste which is or becomes regulated Ay nny govemmentnl nutAority including. but not limited to.(i)petmltum: (ii)friable or nonfriable �sbostoa: . •
<br /> (iii)polyehloriaatcd Eiphenyla: {iv)�hou �ubstances. materiols ur r:utes desi�ted aa a 'haeanlous subbmnce' pursuem to Scction 3U of the � . •�"'
<br /> h
<br /> Clcan Wamr Act or listed pursuant tn Seceinn 307 of�ho Clean Weter Ac�o�nny amendmerta nr replacemetrts to 0ese statuttr. (v)Ihose .
<br /> aubsmncca. materiala or aastes dcfined ua a'har�rdow waste' punuam tn Section 104f of�he Resoan:e Conservation and Recovery Act m any • •
<br /> emeMrvents ar rcplacertxNa w that antule: and (vi)thaxe suhuancea, nuterials ur wosua defined ns n 'hamrdoua cubswnce' pwawm to ,"'-'""'""�"-f"='
<br /> Section 101 nf U�e Comprchensive Environmcntal Rcsponsc. Compeasati�.o and Liahility Au.nr ony amendmrnts or nplucments to that stinrte • � -
<br /> or nny ather cimilar state or federal statute, mle,rcgutatiun rn urdin�ncc now ur hercaftcr in e(fce�. Grantor shall no�Ieasc or permil the sublase . •
<br /> � nf the Propeny to e tenam nr wbtensnt ahosc opemti�.ns mny rcsult in conmminatinn nf the Fnq+eny with Hmerdws Materials or toxic _
<br /> ' '�� .. . . "
<br /> iuAslancca: •
<br /> (.) Allapplicable laare end rcsulntions. irtcluding. without limitatinn, the Americnns with Disahilitiee Act,�U.S.C.Section 12101 et seq. (aad atl • . • '
<br /> rcgulation� promulgated Ihercunder) nnd all mning nnd butldmg tawe an0 rcgttlatmns rctanng ta thc f'mperty hy virtuc oi any fedemi, ataio w `-.- =' �;
<br /> muni:ipal amhority wdh�urisdict�nn over tl:e PmpMy. presently ere and �hat1 he ohserved end n�mplied with m atl mate�al Msyects, and all . �
<br /> nghb, licensa. petmfte. nnJ cerlificates nf nccupancy (ncluding hut nca limited u.ioning variance�, vpecial exceptions for nonconforming usea, .
<br /> and firc�I inspecu��n nppmvalsl. whtther tempurory ur pemianent. whrh arc material ta�he use and cticupamy ��f�he Pmptny,pms�mly arc and
<br /> shnl�Ac.�htnmed,prcserved and.�herc neces�ary.rcnewed: / �=-
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