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<br /> i 01--0b-7998 DEED OF TRUST Pe�2 =--=�-'�`�`
<br /> Loan No 824205 (Continued) 98" 11�U�9'7'1 �-�f��-=�-
<br /> 'Hi^^
<br /> � I Ind�badn�u. Th�word"Indobtsdn�ss"m�ans aN pdncip�l and IntK�st paytbN undar the Not�and eny�mounta expandki w�dvanc�d by :,���,:,.
<br /> Lendi+r to dlscharpo oblipttlons of Trusta a Axpunses Irwurrod by Truste�or Lender to enforce obilpatlons of Trusla under thls Daed of Trust,
<br /> � topetAUr wilh Interest on such am�unU as provided In this Dee d o f Trus t.
<br /> I Und�r.TM word'Lendw'mwna UNI7f0 NEBMSKA BANK,ils auccosson�nd asalpna. -
<br /> � NOt�. Th�word"Mot�"mNns tfu Not�dat�d JY1u1ry 6,1fW,In the �rinolpal emount of 560�000.00 hom Ttustor to Unda,
<br /> topsther with all nnewab,oxl�nsions,modlACations,rsMancinqs,and aubatitu lons ta tM NoU. �
<br /> PesonY PrapKty. Tha words"P�onal Prop�rty'm�an all oqulpment, flxtures,�nd other arYcles of pennnai property now or ha�aAK .�;;_�
<br /> ma
<br /> � owned by Trusta,and now a heratler nHsohed or afNxed to 1M Re�l Properly;topether with atl accesslons,p��ts, and additions to,UI k,�;-,;�
<br /> repincomonts of, end ltll�ubstitutlons tor, nny of sueh property; end together with all prxeeds (Inciudinp wlthout IlmltnQon nIi Insurancs . ,..
<br /> , prxeeds and niunds of premlums)hom any sak or other dlsposHion of ttw Property. _si°°�'r�-
<br /> � Prop�Ay. 7ha wad"Proparty'maAns cdlectivaiy tha Reai Property and 1hY Personai Property.
<br /> Ral Property. The wads'fie�l Property'mean ths property,Inlxeets and riphls describod�bove In the"Conveyance and Orant"sectlon. �};_-_�
<br /> Rtl�ted Documenta. The words 'ReiatOd Oxuments" meun end Inciude without Ilmltetlon all promissory notes, credlt aqreemenls, loen =-. _.
<br /> apreements,environrtwntel nqreemenb,punranlWs,secudty tynwrtanb,malpep9s,d�ods ot trust,and all otha inatrumsnb,apraam�nts�nd _
<br /> dxummts,wtNth�r now or ha�afhr udsdrp,�x�cuted in conn�odon with th�Ind�bt�dr�. --
<br /> Rlnb. Th�word'ROnb mans aA pnaant and futun rents,nvanws,IncorrN,laauea,roydUas,proAts,and oth�r b�rwfiia drrlved irom Ih� �� --- _
<br /> . i Property. �-
<br /> T►ust�. The word"TrustN'm�ans UNITED NEBRASKA BANK and iny subsUtute u auawssor Uustees. �
<br /> Tru+tta. The wad'Trustor"means eny and ali parsons and entltles execuUny this Deed of Trust,Includlny without Ilmlletlon all Trustae named °
<br /> � ebove.
<br /> THIS DEEO OF TRUST, INCLUDIHQ THE A881tiNMENT OF REHTS AND TFIE SECURITY INTEREST IN TFIE REMTS AND�PER80NAL
<br /> PROPERTY,IS 41VEN TO SECURE (1�PAYMp�1T OF THE INDFBTEW�IES6 AMO-(2 PERFORMANC!OF ANY AMD At.l.09LI�ATIONA OF -
<br /> i TRU$TOR UNDER THE NOTE, THE AELATED DOCUMENT3, ANa TFil8 DEED O� TRUST. T�IIS DEEQ QF TRUST, INCI.UDINQ THE �'•-- -
<br /> � ASSI�NMENT OF RENTS AMD THE SECURITY INTEREST IN TFIE RF.HT9 ANC PERSONAL PRaPERTY,IS ALSO�IVEN TO SECI�iE ANY �_,
<br /> ANp ALL OBLI(iAT10N3 OF TRUSTOR UNDER THAY CF.IiTAIH COHSTRIJCTlON LOAN AOREEMENT BETWEEN TRUSTOR AND LEHOER OF -
<br /> EVEN DATE HEREWITH. ANY EVENT OF OEFAUL'f UNOER TFIE CONSTRUCTION LOAM A(iREEMENT, OR ANY OF TFIE RELATEQ �•.-
<br /> i OOCUMENTS REFERRED TO TMEREIN,SHALL ILLSO BE AN EV[NT OF DEFAU.T UNDER THIS DEHO OF TRUST. TFI�NOTE AND TFIIS -
<br /> ,� ; DEEO OF TRU3T ARE ti1VEN ANO ACCEPTED ON TFIE FOLLOWING TERMS:
<br /> � � PAYMENT ANO PERFORMANCE. Exce{�t ss otharwlse provided in thls Deed of Trust,Trustor aheN psy to Lender nil amounts secured by tNa Deed ,.:_�
<br /> , I of Trust as they become due,and ahall stricdy and In 8 Hmety manner perform ell of Trustar's oblip4tlons under the Note,thls Desd of Trust,tnd tIw
<br /> f+'a�;.
<br /> i
<br /> Related Documents. a �
<br /> POSSESSION AND MAIHTEMANCE OF TFiE PROPERTY. Trustor eerees that Trustor's possesslon and use of the Properly shail be poverned by 7 �;'
<br /> ,.,,.
<br /> the folbwinq provlslons: .l•7,
<br /> I Posaeulon�nd Uss. Until the xcurtence ot an Event of Oefault,Trustor mny (a)remain In possesslon and control of the Property, (4) use. ��"�°�
<br /> operate or manaqe the Properry,and (c)cWlecl any Rents from the Propertyr. '�•�s t
<br /> :I outy to iviaintMn. 1 rustor shai mainiain iha Proparty in ib�ui�iiaGib�urid��or�and prcmptly psriarm as�rapalr,rcplacxrr�.^.�,and mslntsnar._�e _
<br /> necessary to pteserve Its V81ue, ,tl�
<br /> Fi�zardous Subst�ntei. The terms Tazardous wasle,""harardous substance;"disposal"'Yelease,"and"Ihreatened release,"as us�d in thla �"-
<br /> Deed d Trust,shail have the same mesnirps as set forth in the Comprehenslve EnNronmental Response,Compensatlon,and LtnbWty Act of ",;;,�
<br /> 1980,as amended,42 U.S.C.Secdon 9601,et seq.("CERCLA"),th� Superfund Amendments and Reauthaiuflon Act of 1988, Pub.L.No.
<br /> 99-499("SARA"�,the Herardous Materiais TranspatnHon Aot,49 U.S.C.SecHOn 1801,et aeq.,the Fiesource Conservadon and Rscowry Act.
<br /> t 42 U.S.C. Secilon 6901,et seq.,o►olher appllcable state or Federal Iaws,ruies,or roputallons adopted punuant to any of the faeydnp. The *�� '
<br /> ; terms Tezardous waste"and'hazardous substanca"shall also Inciud�,without umlta8on,peholeum and peholeum by-producb or anyfractlon �- ._
<br /> 1 i thereof�nd asbestos. Trustor n►p�es�nts and warrants to Lender thtk (a)Ourinp tlw perlod of Trustors ownershlp of the Property,th�re hta •• ; __
<br /> � been no use,qeneration,manufacture,storape,treatment,dlsposai,reletse or throatened reiease of any hezardous waste or substana by tny ��.,�
<br /> � person on,under,about or hom the Property; (b)Trustor h&s no knowledpe of,or reason to belleve fhat thera has been,exCept as preWously �c..,-�,�.:;;--
<br /> ; dlsclosed to and acknowledped by Lender In writlnq, (i)any use,generatlon,manufectura,storaqe,treatment,disposal,release,or threatened �_�,;.
<br /> j retease of any harardous waste or substance on,under,about or hom the Property by any pdor owners or occupants of the Properfy a(II)�ny -
<br /> '� actual a threatened Illpation or claims at any kind by any person relatlnp to such matters:and (c)Except as preNousry disclosed to tnd
<br /> � acknowledped by Lender In writing, (I) nollher Trustor nor eny tenant,contractor,apent a other authorized user of the Prope�ty sh�ll use,
<br /> rs;,c�._.-`
<br /> generete,manufficture,store,treat,dispose of,or release any huardous waste or substance on,under,about or hom ihe Property and (iq any --_��-
<br /> such flctivlty shall be conducted In compllence wlth all eppllcebie lederal,state,and Ixal Iaws,r uletlons a�(ytdlOdnces.lnCludinp wlthout ��A-'-�
<br /> limitatlon those laws, repulatlons, and ordlnances descdbed above. Trustor authorizes LintfBr'��npents tp enler upon the Propwty to ',.�,, __
<br /> make SuCh Inspections and tests, at Trustor's expense,es Lender may deem approprlat�t0 deTerlm ne complknCe of the P�operty wlth thls �i.�, �
<br /> section of the Oeed af Trust. Any inspectlons or tests made by Lender shail be tor Lender'slpur�IdSes.onty and Sha�l not be�onstrued b cretle �•��•�:..:-
<br /> <• an re�ponstblli or IfabYl on the part of Lender to Trusta or to an other person. The rapreso , n's SnQy�j�Rn�tloc �pntalned hereln ue �"��;=-
<br /> v tY �Y y !� F :.iy�.__--
<br /> ' bessd on Trusto�s due dillgence In Investipadng the Properly for harardous waste and halaMrus substances. T?'�Stor hereby (a)reteeses and �•,;�,_�-.--
<br /> welvos any future Clnlms agalnst Lender}or Indemnliy or conMbutlon In the event Trusta beco�nAt IIeWe(or clwinup u other cosls under any -�--�
<br /> such laws, snd (b)agreos to Indemnify and hold harmless Lender aqalnst any and all pklm�, losses,NabilNles, damaqes, penallles, and _ =�;..
<br /> ezpensos whlch Lender mey directly or IndireCtly sust8ln or sutfer resulflnp hom 8 bte;lt.0�lt�fi�esCl�eA of the Deod of Trust or es e :-i�::v��;r
<br /> consequence ot any use,generatlon,manufacture,storage,disposal, relecse or threatened release oc:currtnp prlor to Trustor's ownership or •� ,;?�^7:= M._
<br /> interest in the Property,whelher or not the same wes or should have be0n known to TtustOr. The proNSlons of thls seCtlon of thg 17eed ot Trust, ��
<br /> Includinp the obllpation to IndemnHy,shall survive the payment of Ihe Indebledness and ihe sellsfeCtlon and reconveyance of the Ilen of this •.
<br /> Dsed M Trust and shall not be affected by Lender's acqulsitlon of any fnterest In the Property,whether by toreciosure w othervvise. `
<br /> Nuisance,W�sta. Trustor sha��not cause,conduct or permit any nu4sance nor commit,permit,a suffer any sMppinQ of or waste on a to the
<br /> Property or any portfon of the Property. Wlthout Ilmlling the penerality of the foregolnp,Truslor wNl not remove,w prant to any other pnrty Ihe
<br /> dpht to ramove,eny Nmber,minerals(Including oll and gas),soll,gravel a rock products without the prto�w�iflen consent of Lender.
<br /> Remoral ot Improvementa. Trustor shall not demolish or remove any Improvements hom��ieol�roperly�litwW1he prior written consent
<br /> ol Lender. As a condltlon to►he removnl of any Improvements, Lender may require Trustqr to,m�ke arr�ngernaatc�atlsfsctory to Lender to
<br /> �ep�aCesuch Improvements wllh Improvements ot 8t least equal value. � � •�� ' �--�--""-` �
<br /> Lender's Ripht to Enter. Lender and Its agen4s and representatives may enter upon 1hA eal p,jpp����,rg@�gpable tlmes to a8end to
<br /> Lenders interests end to Inspect the Properly fa pu�poses of Trustors compllance with fhe t�Sand conditlons of thls Deed of Trust.
<br /> � Compilence with Governmentel Reyuirements. Trustor shait promptiy compiy with all lews,ordlnances,and regulaHOns,now or hereatter In I
<br /> � eNOCt,ot al1 governmental authoritles appllcable to the use or occupnncy of the Property. 7rustor may contest In pood falth any such lew, �
<br /> ordinence,or repulation and wilhhold complianCe during any p�oceQding InClqding appropriate appeels.so long as Trustor hes notifled Lender :
<br /> ; m writng prior to doing so and so long as,In Lender's soie oplrion,�len�er's lerests In the Property are not Jeopardized. Lender may roquire �
<br /> Trusta lo post adequate security or a sureryl bond,reasonably satisflctory to L�nder,to protect Lender's Intorest. I
<br /> Outv to Protect. Trustor aareos neither to Ibandon nor iaave unaflAndeO the roporlY. Trustor shali do ell other BCtS,In addlHOn to those 4cts
<br /> set torth abovo In this section,which trorn Ifp ch$racler and use�ot t Prppe are reasonably necessery to proteCt end praserve the Prope�.
<br /> bUE ON SALE-CONSEHT BY LENDER. Lon r m�y,at Hs optlon,d�are�mm�iately due and payable all sums seCUred by this Deed of Tiust
<br /> + upon Ihe sale or trans�er,witnoul the lender's p ior v�rntlen consent,o�e Or Any p�-t ol the Real Property,or any Inierest in the Real PrOperty. A
<br /> 'salo or transler"means Ihe Conveyance of Real�operty w uny nghl,title or interest�therein;whelher legal,beneficlal or equftable;whether volunlery
<br /> or�nvoluntary; whether by ouinght 5�1�,deed.In tall�p nt sale contrn�t,lay�d cQnira�t,contraCt for deed,Ioasehold Interesl w�th a term groeler ihen
<br /> � Ihree 13) years,lensa-option ConireCt. or by 5&le, HSS�gnmenL or transfer of any b�neficial interest In or to any land trust ho�ding title to Ihe�9a) �
<br /> Prope�ty, or by any olher melhod of conveyance of Real Prope�ty�nle�esl. II any ustor 15 a corporetion,pflrtnership or Ilmlled Ilablilty Compnny, ,
<br /> Iransle�a�so inCludes nn�r change in ownership of more IhBn Iwenty-five pBrCent(259G)ot the vOting stock,parinershlp Intere5is or Iimi)QC Ifabillty �
<br /> compony�nleresis.us ihe Cnse maY ba,o�Truslpr. However,this optlon ShpN not b0,8xert,ysed by Lender If such exerCtse I5 prohibited hy fedYral
<br /> I;tw o�hy NebrflSku Ipw '
<br /> , •�� TAXES AND LIENS. Tho lollowing prowsions relating to Ihe�gxes and liens on the Property&re e pflrt o�ihiS Deed Of Trust.
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