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<br /> � ��-28-�998 DEED OF TRUST
<br /> j Loan No 638783 (Continued) g$—' �l�':��9U ,_, , .__
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<br /> become barred by any statute of Iimitetlons, and whether such Indebledneu may be or hereafter may become otherv+lse unenforceable. � fi
<br /> (InttlM hMn___) ��
<br /> LenA�r. Tha word'Lender'means UNITED NEBRASKA BANK, Itsauccbssaro 4nd asslans. ,�_
<br /> Note. The word"Not�"m��s the Hote d�t�d January Zt�1991. �n U70�rinalpat amount of �13,116.60 hom Truslor to UndK,
<br /> topethar wllh all renewals,extenslons,modiflcatlons,refinanclnps,and eubstitu lons for lhe Note. The maturily daU ol ihls Deed ot Trusl ts Mty +r-
<br /> 28,1998.
<br /> Persanal Property The words"Personal Property'mean all equtpment,fi�tures,and othor arllcles of personei property now a herse� �
<br /> owned by Trustor,and naw or hereafler attaohetl or afhxod to u�e Roal Properry; tope�her with all accesslons,parts, end addillone to,aA
<br /> replecements of, and aN substiluuons for,any ot Such propertY,anO toyelher wlth all procseds pncludlnp wuhout pmirenon au insurance ,
<br /> � proceeds and retunds of premiums)from any sale or other dispos�uon ol the PropeAy. �
<br /> . P�opertyl. The word"Property'means collectfvely the Reai Properry and the Personal Properly. —
<br /> Re�l Property. The words'fieal Property"mean the propedy.interestsand rlphts described above In Ihe"Conveyance and OranY secNOn. . =
<br /> R er�t e d n D O Cem�eon�^�eBQ°�ments�9 erantlesmsecuriry a�ree e n l s!m o r t y s q ut d�e m e d sti o f t r u s tP a n d�al o he�Instrumenitsgapreemeets'and .�..%
<br /> a��
<br /> documents,whelher now Ar hereatter exlstinp,executed In connectlon with the Indobtedness. •,z�s_.
<br /> �>ao�r r.
<br /> Rents. The word"RVnis"means all present and future rents, revenuas, income,Issues,royaHiea,profits,and other beneflts derlued trom ihe -` _
<br /> Property. �;.�
<br /> Ttust�.The word"irustea"maans UNITED NEBRASKA BANK ond any substitute or successor trustees. � �.
<br /> Trustor.The word"Trusto�'means any and ali persons and entitles ezecuting thls Deed of Trusl,Including wlthoul Iimitaticn a��Trustors named �' -<
<br /> above. -
<br /> PROPERTIf��SF�WF.H TO SECURE(1)PAYMENT OF THE INDEBTEDN 38 AND S�PER'4RMANCC OF ANY AHD ALL OBII(iATIOSN�SN F � �
<br /> TRUSTOR UNDER TFIE NOTE,THE RELATEO COCUMENTS,AND THIS DEED OF TRUST. THIS DEEO OF TRUBT IS dIVEN ANO ACCEPTEO
<br /> ON ThIE FOLLOWINQ TERMS:
<br /> PAYMENT AND PERFORMANCB. ExcePl as olhenvise provided In 1NS Deed of Trus6 Trustor shall pay to Lender all amounts secured by Ihls Osed
<br /> of Trust as they becom0 due,and shali strictly and In a timely manner perlorm al of Trustor's obilgatlons under the Note,thls Deed of Trusl,and lhe --
<br /> Relaled Oxuments.
<br /> POSSESSION AMD MAINTENANCE OF THE PROPERTY. Trustot aprees that Trustor's possesslon and use of the Properly shall be povemed by
<br /> q, the foAowlny provisfons: '
<br /> ppseesflon and Use. UnUi the xcurrence of an Event of Default,7rustor may (a)remeln in possession and coniroi of the Property,l use� ;�-
<br /> operate or manaqe the Property.and (c�Collect any Rents from Ihe Properly.
<br /> Duty t�MWn1Nn. Truslor shall maintain the Property in tenanteble conditlon and prompUy pe�orm all repalrs,repiacements,and melnlenance .
<br /> necessary to preserve Its value� .
<br /> F1�ardous Substancs�. The terms'ha7ardous wasio,-n���u��f���.,�,••��S¢Ma1^•release"and 9hreatened release;as usad in ihis ___ _
<br /> ��d asTamendedl 2vU.S.C�Sectlone9601�set seq. ('CERCLA� IhepSuperfund Amendmenls and Rea horl781plon Act of 1988, P�No. ,�
<br /> 1980. �;� .
<br /> gg_.qgfl rgpqA"),the Harardou�Materlels Transportatlon Act,49 U.S.C.Sectlon 1801,et seq.,the Resource Conservation and Recovery Act,
<br /> 42 U.S.C.Sectlon 6901,et seq.,or other appncabie state or Federel laws,rules,or repulations adopted pursuant to anYr�tMets a sm tracucn •
<br /> terms'huardous waste"and'he�ardous substance"shel also�nclude,without Umitation,pelrGeum and pelroleum by-p ::_ �' �
<br /> Ihereof and asbostos. Trustor represent9 and warrents lo Lendor tlul: (a)Dunrp the periotl ot Trustor's ownershlp of the Proputy,ihere haa ;•`.�
<br /> been no use,qaneratlon,menufaCture,stora9e,lreatmenl,disposa�,rulease or threatened releeso of any hezardous waste or substance bY Q�Y ,'Yt'
<br /> psrson on,undor,about or trom tho PropertY; (b)Trustor has no k�fe1db9n•o�nutaCture tstora�peetreatment dlIIp bseal n`e��t�wsatened w;�y�.
<br /> dlsclosed to and acknowiedped by�ender In wrlUnfl, (q any use, qe
<br /> rsie4so ot any har�rdous weste or substance on,under,about a hom th�Propertyr by any prla owners a occupanta of the Praperty a (N)any K_.,
<br /> aelual or threatened UHgatlon or c�alms of any klnd by�ny person relsUnp to such matters;and (a)ExcePt as previousry dlsclosed to and .. — _J
<br /> acknowled0ed by Lender In wdtinp, (q neither Trusta nor any ten�nt,contractor,ayent or other authodzod user ot the PropxiysheJl use. �R�_,�• —
<br /> yenerale,manu�acture,store,lreat,dlspose of,or rolease any Mrardous waste or substance on,under,about a lrom the Properly aM (II)any _
<br /> Ilmitatl�oni�those�aws,repulatlo�ns`and ord nac ces�descdb d�ebove d T u�stor�authorizes Lendet and�I�aqonls toren er pon�the oPer►Y to , ----
<br /> make such fnsPac��ons and tests,at Trustors expense,as Lender may daem appropdate to determfne compllance of the Properry w�th this ;_ ��
<br /> se�Mon of the Deed of Trust. Any Inspectlons or tosts made by Lender shall be for Lender's purposes only and shall not be construed to create .�,,,. , _,
<br /> ..,,K,,..a��
<br /> bnased on Trus�t�s dlue dlllqe eh n p vestipatingthe Property fat hara�dous w e�and ha7afedouses btstancestl T ustwtlhereby�(a�r�eases and .
<br /> walves any future clalms ayalnst LendAr for Indemniry or cont�butlon fn the event Trustor beCOmes Ilable for cleanup or olher costs under any
<br /> 5uch laws,Wh�h Lende� may directly�or indtrec�lydsustaln Sor su�rres¢Wltinq from a br'ea h'ot�thfsssectionlof the Deedof Truslt`or�ss a _
<br /> exponses �,L�•�
<br /> consequence of any use,generation, manufacture,storage, 6sposel, release or threalened release oCCUrcirp Prfcr to Trustor's ownershlp or �'��i_
<br /> interest In the Properly,whether or not the same was or should��ave been known to Trustor.The provislons of thls sectlon of the Deed of Trust, ' ', x�
<br /> p�d�rust anld shall notfbe atf�ed bylLender'st cqulslt onof anY interestf"1h P�aoperty,We1�har�by foredosure or o herwisehe Gen of thY3 ,�y�4
<br /> Nulsance,Waste. Trustor shall not cause,conduct or perm�l any nu lsance nor comrNt,permlt,a sutter any strippinp of or waste an or to the +�;
<br /> Properly or any porUOn of the Property. W Ithout Iimlling 1he genere6ly of the foreyoing,Trustor will not remove,or grant to any other paily the
<br /> r�ght to remove,any tlmbe�,�nerals(including oll and gas).sml,9revel or rock produCts wilhout the p„or wri�en consent of Lender.
<br /> Removal of Improvements. Trustor shall not demolish or remove any Improvements hom the Reai Property without the prior wrl�en Consent
<br /> o►Lender. As a condltion to the removal of any Improvements,Lender may require Trus�or to make arrangements sa��sfaClay to Lender to II
<br /> repiacH such Improvements with Improvemenis o�at least equa�value.
<br /> i Lender's i Rerests aEd torinspect�the P operty to�`purpcse sof Trusla�'s compl an�ce wPllh theBeRms and Conditfonsl'oe hls Oeed o�usl 8nend to �
<br /> Compliance wlth Governmeeh I�R�uQre�lkab e torthe use o p�acuplancy ofl the`P olperty.��ncludinp with utf lelmitations�the Arr�erlcanS�NUh I �
<br /> eHect, of all povemmentsi eut o pP
<br />_ ` Olsabillties Acl, Trustor may contest in good faith any Such law,ordlnance,or regulatlon end withhold comp�lanco durtng any procee ng,
<br /> IIncludinp appropriate appeals, so long es Truslor has notifled Lender In writing pAOr to dolnp so and so long as�In Lenders sde opinton,
<br /> � Lenders Interests In the Properly aro not Jeopardlzed. Lende� mey requlre Trustor to posl adequate secudty o�a suraty bond,reasonably
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<br /> satislaCtory to Lender,to proteCt Lenders Interest.
<br /> Duty to Protect. Trustor agrees nelther to abandon nor Ieave unetlended the Property. Trustor shaii da all olher acls,In addiNOn lo those ac
<br /> �ot mrtn above fn thls sectlon,wh�h Bom the charaCler and use dihe Properly are reasonably necessary to protect and preserve Ihe Property.
<br /> . �.1�...Ihb MG�II�Tf11C�
<br /> DUE ON SALH—CQNSHNT BY LENOER. Lender may,al Its option,declare Immedlateiy aue ena payabia aii au���s�.��a��, ••— ----- - �
<br /> upon the se�e or transter,without the Lender's prior wriHen Consent.d all or any part of Ihe Real Property,or any Interest In the Real Prope�ty. A I
<br /> 'sale o�lransfor"mer.ns the Conveyance of Real Property or any right,Wle or interest lh8rein;whether legal,beneflciei or equileble;whelher vWUnlary I
<br /> or mvoluntary;whelher by outright sale,deed,�nstallmenl sale Con�racl,land coniraCt,coniraCt for deed,leasehdd interest with 818rrngreater then I
<br /> three(3)years, lease-op�ion Contract,or by sele.assignment, a�ransler o�any beneNCial Inte�est in or to any land lruSt holdlrp title to the Real
<br /> Properly,or by eny other method of conveyance ot Real Proporh'interest. If nny Trustor is a Corporation,parine�ship or Ilmlted Mubl�ry campany,
<br /> Iranster aISO inClud9S any Chflng9�n own8�5h�p oi more Ihan twenty-live percenl(25%)ol the voting stcek,paAnorship interests or Ymltad Nab�lity
<br /> company interesis,as Ihe case may be,o�Truslor. However, tivs ophon sha�� nol be exercised by Lender if s�ich exercise Is prohibfled by federsl
<br />= law or by Nebraska law. .
<br />� TAXES AND LIENS. The lollowmg prowsions relaUng lo Ihe laxesandMens on the Properly are a part 0}this Deed of Trust.
<br />' ppyment. Tiuslor shall pay when due(and in all events prior lo delinquency)all taxes,speciul taxes,assessments,charges(inc�uding waler
<br /> i and Sewer),hnes end impo5���ons 18�ed agein5t or on accounl of 1he P�operty, and shetl pay when due all cleims�o�work done on or tor
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