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<br /> �. �� �1�9598 DEED O�YRUST Pag�2 � .
<br /> � , , <,; 8"� �.� .. •� _ . . .
<br /> , ., i Loan Mo 654988 (ConUnaetq � d� �� ,�
<br /> .. ( , � � Februety 18,/999. `. � . "
<br /> � � � • . ; ', � Person�JJ Prop3rly. Tt�B worES'Pe�sonel RoDertY'mean atl equ�pmenl,fatures,and ofher artldes ot persoRal property now or nereafter ` � '' c
<br /> � `, .' oxmed by Trustor.and now ar heresRer attaehed or atlaced to the Real Properly.togather vYEtte aU acoesstons. PaAS.end addftlons to,aD . . _.
<br /> . - a replaCemenS at,aad a0 s�si(tuHOns lor,eny of stuh Oncperty;arsd logetRer wHA eD prooseds pndudtng xrfthou!Iimitetlon aD Ins�aanC9 - `.
<br /> � �' ) procea�s and retunds ot Rremiums)trom any Sate or otRer d�osittan ot Ns Property. � • .
<br /> ` , `. PropeRy.Thd word Rroperty/'meaas coVectively the Real Prope�tY snd the Personat Property. .
<br /> . .. Reat PrapeRy.The v�ords�Real Rroperty mean Ne property.Interesb and dghts des�Pbad ebove Irt the'Convayance and(irartP sedion. , ' ,
<br /> � . � . � ' Rai�ed Ooaimeata The words'Rafedsd Documer�s"mean and indude without Gmiffitton a0 promtssory notes.ered�t agreemer►ts,toan `�� � -
<br /> . `. f ggeeomerds.ertvhonmenffi18greemerrts.Huararrt�s.sectuity►egreemertls.mortg�ages.deeds atlrust.and all otnar instrume►ds.a�semerds and �
<br /> _ - � 1 documenis.whetrier now or hereafter eadstlng.�ted in connecdon with ths Indebtedness.
<br /> _ • � RQnfa The word 1Renis'rt�eans aU present end future rents,revenues,ir�come,issttes,royalHes.profits,and ather benefits dertved from ths ° . _
<br /> - - - - F►aflerty. -�--- �x--
<br /> ' . Tn�stee.The ward'Tntstee'means UNiT�IV�RASKA BAMC and any substitute or sucoessor hustees. � • •
<br /> • Yntstor.Ths word'Trustof'maans arry and all persons and erditles m�ecuting tNs OeeA of Trust.Induding wiU�out limiffition ell Tnrstors nemed �
<br /> � `, above. , -. . . . �,�
<br /> � ! TH18 OF�D OF TRUST. IHt1UDiHt3 iHE A88[C�diN@�Ii OR RQJTS AND T!�8EWAITY INYERFST Itd TF� li@ITS A4�PERSOHAL . ..`�
<br /> . ' PAOPSiTY,18 G1VEN TO 8ECUAE (1)PAYAABUT OF THE IND�TEDNESS AtdD (2)PERFORNIA4JCE OF ANY AND ALL OHL1tiATIOHS OF _ ��`' ,�
<br /> l': , : .,.� � TiiUS70A W1DFA THE[�O'IE.THE RaAigD OOL�I�FMB,At�THIS OEID OF TRI�T. T1flS OE�OF TRUST 18 GIYE�iI AHD ACC�TED . . �`.
<br />_:�Y • :. . ! ON T1�FOLLGIN[HG 7E]i6�S: , ��.`�.__
<br /> `� � PAY�trtrtEM At�PFR�ORMADJCE. Except as atheruutse pmvided in Ws Qead ot Tnist Tnrstmr shafl pay to lsnder ad amaums secured by Ws Deed ` �:Y;,_,
<br /> �., , • ,:..�: �.:
<br /> of Trust as they become dua,artd sha0 strlcCy and in a Umery manner perform s0 af Trw�[ors obtlgaUons under tha Note,thts Deed of Tnai.and the ��-
<br /> ' � ` Retated Documenls. �`.<�- °
<br />``: ,r '`•• PaSS£SS[Orl A�iQ MAIN7ENANCE OF THE PROPEATY. Trusta ag�e�ttm!Trustors Possession and use af the FroDerty shefl be gavemed by ' -
<br />�s�;'. , ihe fodow[ng provisions: --
<br /> -' � ., -� Posses9lon�a Use. UnU71ha ocaurence of an Eveni of Oefauit�Ttustot may (a)remain in pqssession and cordroi W t�e PmpeRy, (D)use, ' ��,j!°
<br /> ��� � � '� operate or manaSe the PropeRY.an0 (c)coUeclBnY Rertts irom ihe ProOeAf►• .�.,..�,.
<br /> _ ; `._ Dv1y to Meintain. Trustor shaU mafMain the Property in tenanlable condiUon and promptty perform e0 repairs,reptacemerds,and m�rrcenanee _` __
<br />�� . . . 1 .� _ oec�sary ta Preserve its value. _. �'�,±�``
<br /> s'� , , � Ha�rdous Substance9. The terms"harecdous waste�'liarardous substance�Ctspagal.°Celeas�and Rhreatsned c�►ease:as used fn thb ` . , s
<br /> Deed of Tn�st,shan have the same meanings es set foAh in ths Comprehe�tve Envlranmerdei Response,Campensa4an,and Liabifity Ad oi • :�'�E,�:
<br />-;�� ' • 1980,as emended 42 U.S.C.Sedion 9601,et seq.('CERCLA�,the SuperWnd AmenOmenb and Resuthorta6on Act ot 1988,Pub.L IYo. d •;,_...c�
<br /> 'r � " 99,499('SARA�.the ttazardous AAafertaJS Trensportation Act,49 US.C.SecUOn 1801,et seq.,�se Resaurce Conservatlon and Recovery Ad, • �� ��_,
<br /> ' __ . ... 42 U.S.C.Secdon 69Dt.et seq..ac otdar eppUr�hte sffits or Federat faws.nda4,or reg�ilations a�apffid pursuant to anyr of ths toregoing.The . ":
<br /> ` terms'he�rdous waste�'and'he�rdous substanc�'shaH atso Indude.without Qmiffitlon,Oetro�eum end petrotenm by-praducm or any hacflan :,�"�:'�.
<br /> r:_: ;: thereof and esbestos. Tnisto�reprasetrts and warrants to Lender that (a)During the petiod ot Tnatars ownershtp of the ProDerty,ihera hes " •����+��
<br /> : • �i been no use.genera6an,manufact�e.storage,heatment,disposal,release a ttgesterted refeese of arty haaatdotts waste or suhstattee by 8rty ' '.. '��;.��
<br /> ;.`; . Oerson on,undar.about ar from fhe RtoPertyr, (b)Tnutor has no knowledgB of.or c�eason to betieve that there has heen.e�ept es preNOUSly ' .!: :5„�;
<br /> _ �'; �. disclosed to and acknowtedged by lsrtder in wril'mg, p)anY use.generatlon.manuiachue,storage,treatmenf.�ispasal.release.ar tttteatenad ,�--�_
<br /> retease of any Ra�rdous waste or substance on,under,aboul or from tAe Properly by arry pdor awrters or occupanis ot the Rrop�ly or p')i arry . •`�"
<br /> - � actuat or Mreatened fi�gation or ctafms of any Idnd by arry person reiatlng to such matter�snd {c)6ccept as prevlousty d�scl�ad to end • �����"
<br /> N > ackrtowtedged by Lender in writing, (j neilAer Trustor nor any tenant,contractor,agent or other authori�d user of the Prape�iy she0 use, ��.��:-=;
<br /> ' generate,manufacture,store,treat,d�spose of,or reiease any hazardous waste or substance on,under,aboN or hom the Properly a�d (�any .';�'�s.:
<br /> ••,; � such acuvity shall be conducted In compuanve witA a11 eppllcable federal.state,end lacal laws.cegNaUons and ordlnanc�,tndudirtg wfthout � °Y-• �_,
<br />_ GmitaUOn those taws,regufaUons,and ordlnanoes desaibed abave. 7rustor authmtaes Lender and i�agents fo enter upon the Propedy to . . -;�;
<br /> :}.: � make suct�inspectlons artd G+sts.at Trustofs e�ense,as lender may deem approA�e to determine comp0ance of the PropeAy wfU�thts • ° ' _;',"--_
<br /> • sedion of the Osed ot TnsL Any inspedlons or tests made by Lentler sha0 be Mr Lendefs purposes onry and sAaU not be eonstrued to aeate . � ..:F���
<br /> arry responsibUry or liabifityr on the part oi Lender to Trustor or to any other person. Tha represer�Uons and warran�es contalned hereU are " - ��
<br /> , . based on Tnutors due dillgenoe in a�veattgatlng the PropeAy for ha�rdo�waste and hazardois s�stances.Tvstar hereby (a)releases and • � . .'�r-
<br /> • waives arry tulure ciaims agalnst La�der for indemnity or conUib Won tn th0 evant Trustor 6ecomas�a6ie tor deanup or aher c,asts urtder any
<br /> ' � sucb laws,and (b)egre�to irtQemntfy and hotd harmi�s Lender agalrtst arry and aD ciefms,tosses.Oab�ifies,damages.penalttas,ond . .,��:'�'�
<br /> eo�enses whlch Lender may drcectly or indlreetly sustain or suffer resutUng hom a breach of this section ot the Oeed of Tnst or as a . .�Q;:.
<br /> � wnsequence of any use.generaHon,manu(acture,starage,msposel,release or tt�reatened retaass occurting prtar to Trustofs awnerSNp or � ;�
<br /> � intetesl i�the Properly,wheMer or nat the same v�as or should have been known ta Tnutor. The provisions of thls s�ccfion af the Dead otUust, ,.z'
<br /> � • inquding the obUgadon to indemnity,shall sunAve the paymem of the tndebtedness end the sata`actlon and recomrsyanCe ot tts Qen ot thls � . ' :"*�_
<br /> -_ ' ' Dezd af Tiust end shall not be affecYD by Lenders ecquLsitton of any lnterest in the Propen�r,whettYar by forectosura or otAerwis3. . •
<br /> Nutsmtee,WBSte. Trustor shall not cause,conduct or permit any nuisance nor commit,permtt,or suHer arry 5tripping ot or weste on or to the •� �
<br /> � Properly w any portlon of the Property. Withoul limtting the generality of the toregoing,Trustor wili no!remove,or�ant to eny Other perry the
<br /> • � � � ' � dghl to remove,any Umber,minarats pnctuding oi►and gas),SoO,grevel or rock products with0ul the pdor mitten wrtsenl 01 Lender.
<br /> , . Removal Of tmyrovementa Trustor Shatl not demotish or remove any Improvemenls irom the Rea1 Qroperly wilhoui the priot w�tten cansent �.
<br /> '_t.� �
<br /> � , ot Lender. As a conditfon to the r�aval ot any Improvemenb,Lender may requtre Trustor to�ake artangemenb satLsfaCtary to LenCer to , �
<br /> , ' repiaCe such Improvements wlth Ir,yr.avements ol at teast equal vatuB. ,
<br /> � Len4ePe RipDt to Entet. Lenqer anp its agenb an4 representativ�may enter upon the Real Property at all reasoneble Umes to attend to � � �
<br /> •• ' Lenders Interests and to Inspect the Property for purposes o}Trwto�s comyilance wltA thA terms and Conditions ot thls Oead of Trus� � � �
<br /> .'' � ' � Com tianee witt�Govemmen381 R ufremente. Trustor shall rom '" -
<br /> . p eq p ptlyr compty with ell laws,ordinences,an0 reguf�Uons,now a hereafter in
<br /> ' "' ; eftect,of ati govemmentei authobtles eppOcabie to the use or occupancy of tfie Property. Tn�stor may contest fn good felth arry such law, .
<br /> -,.� ��=" • t ordlnance,m tegulaUon and witbhcid compilanee duri:ig any proceeding,Inctuding approprlate appeals,so long as Ttustor hes noUfled Lendet , :
<br /> �,, in u-�1ng pAa to dcing so and so iong as,in Lender's sote oplNOn,Lendor's interesb tn the PropeAy are not jeopardized. Lender may requlro � � •
<br /> . • . Tr,.�.or to post adequete securily or e suretyr bonA,reasonebty SaNstaotory to Lender,to proteCl Lender9 Interest. � '
<br /> . �� Oufy to Ptotecf. Tnutar egrees neither to abandon nor teave unattended the Property. Trustor shall do ail other acts,in eddiUan to thase acb � • � .
<br /> set fortb abave In thls sectlon,whlch from tAe cheracter end use o1 the Property are reasonabry necessary to protect and preserve the Property. •
<br /> �. OUE OH SALE—CCNSENT BY LENOER. Lender mey,at ib opUon,declare immediately due flnd payable all sums secured by ttus OeeO of Trust � '
<br /> • upon!ha Safe or trensier,wHhout the Lenders prlor written coasent,of eil or any part of the Reel Properly,or any intarest In th0 Re81 Pirapedy. A '
<br /> '�ale or harts}ef ineans the comreysnCe o}Real Properly or any rlght,UUo or Interest thereln;whether legel,beneflCi81 or equitab,'g;whetAer votuntary ' � �
<br /> � ' or invotuntary;whether by ouUi8h1 sale,deed,InstaltmeM sale contract.land conhact,contracf tor dea0,leaseholC lnterest with e term greater than •` �, .
<br /> tArea(3)years,le�e-opUOn contracl,m by safe,asslgmment,or transfer of any benefldal interest In or to arry 18nd trust hot0ing tiUe to the Real . .
<br /> � PropeAy,or by any other method of conveyance o}Real Property interest. If any Trustor is a corporaUOn,parfiership or tlmtted Oability comparry, `
<br /> , hanster elso inCtudes eny Change in ownership of more than twenty-flve percent(2596)of the voUng stock,parhfersh�interests or iimitea Oeb(Ilty
<br /> ' company inter6st9,as the case may Oe,of Trustor. However,tAls opUon shell not be exercised by Lender if suCh ex6rcise i9 prohfbited by federal � �
<br /> ' law or by Nebraska law. � �
<br /> � TAXES At1D LIENS. The toilowing provlsions rela8ng to ihe tezes end liens on fhe P►operfy are e parl ollhis Deed ol Trust.
<br /> , ` PaymenL Trustor sh$U pay w�en due(and in ail eventS pri0r t0 dellnquency)ell texes,speClel fexes,e55essmenb,Cherges(inCluding v�ater �
<br /> " , ' and Sewer),flnes and Imposition5 levled egalnst or on aceounf of!he PropeAy,and shail pay when due a11 clalms for work done on or ta .
<br /> ._ • servtces rendered or matedal turn�shed lo the Property. Trustor shall maintam the PropeAy free of ail Aer�s having prlority over or equaf to the F
<br /> � , � �nterest of LenCer under this�eed of Trust,except tor the uon ol texes and assessmenb nof due.except tor the B�tlsUng InGebt9dness reterred l •
<br /> �'`"�: ' � to below,and except as otnerw�se prov�ded�n th�s Deed of Trust. � �
<br /> , R t g h t To C on tes t. Trus tor may wdAhoitl payment o f any tax,assessmenf,or claim in connecUOn with a good taith dispute over the obligetion • ' "
<br /> , to pay,so long es Lender's mterest in the Property�s not jeoperdaed. 118 lien arises or is filod as e rBSUN o}nonpayment,TruStOr Shall within � �
<br /> ' . . fifteen(15)days after ihe 6en anses or,d a hen is hted,wdhm 6tteen�t5)deys attar Trustor has notice of the filing,secure ihe diSCh8tg9 0l the � . .
<br /> • . hen,o►if reque5fed by Lender.Geposd with Lender Cesh or e suffieieM torporete surety bond or other secunty sat�518Ctory to lendet in an
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