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<br /> . `. , '' Ot-08-tg88 DEED O�7'RUST Page a � ; , . .�t� �
<br /> ` . � Loan Mo 628309 (Go�tnued) 98'—�(`t9��D� � �` • ..
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<br /> ` . ' ` ,��`,! Petm�rJ Pto�eRy. The words�ersoned PrarpeM'mean aU equrP�nen�,fu�haes.8nd other a�hetes oT persos+ai properiY naw ae ner�euuu ; .
<br /> n .
<br /> owned by Trustw,end now or �ereafter atlsehed or atfi�ad to tha Real PropeAy:togetAer with all accesUons,paAS.end sdd�8ons to,alt ,. ,a. .
<br /> � , + replacemetds of,and a0 subst�tWorts tor.arry o}sueh ptoAerty:end togeth�r+oith eD Proeee�s Mduding xritAoul Gmitarion eti�nstuanoe
<br /> proaesds end refunds at preMums)irom arry sale a other dlsDastUon ot lAe ProPerh•
<br /> . t � PtoyleRy.The word RrcOett�mearts CoQeethreh the Real PtoDeAY And tAe Petsonal Propetly. �. .
<br />- , •.( Re�popperly.7'he wores�teal PtopertY meIIn tl�a praPertY.�cderesb end t�hls Q�Saibed aDOVe in the'Convayance and Gtanf'seetion.
<br /> ' Et�tated�nts. The wards�te[affia Oowmeab mean end Inctud�vr(thou!EmRauon aA OromissorY�otes,credil agreemerds,loan f,
<br /> agreem9�.envhonme�at agresments.9ua�a�lt�.securitY e9rt3emerds.mor�qages.dasds ot trusb and aU ather irtshumenb.fl�esme+�end . '
<br /> � � documenfs,wheU�ar now ar hereaRer mdsfin8.exec�ted�n canneetlon vrith ths tndebtednes5. { + , ,
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<br /> _- . �--t ` - = - Reat9. The w�J'Rs�mea�s0 pr�ent and futwe renLs,revenues.income,fssues.roYaHias.Profits.and other trenefi�derEred trom fhe ._ ' -
<br /> ` PtoyeriY
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<br /> i Trusiee.The word'frustse means UNtTED[�BRASKA 8AN1(and arry substitute or successor trta�. E � . ,
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<br /> � Tntstor.The word'inistof ineans any and all pe�sor�s artd entities enecuHrtg tNs DeeO of Tnist.induding without 6mi�tion eU Trustors named � _ . .
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<br />�2 . THIS OEED OF TRU4T� It�CLUDINO 7t�ASSlCsN14�IT OF iiENTS AND T!�SECIJRiTY lHTER�T IN TI�fi@fT8 AND PFASOHA�. . _.` . .
<br /> i; . PiiOASiTY.IS GIVEN'f0 SgCURE (t)PAYII�fT OF 7HE tHD�TmNESS AND (�)PERFOfiMAr[CE OF ANY AND ALL CSI.tGATtOHS OF
<br /> ?"' TRUSPOA 1!l10Si TkE!lOTE.T!�RElATFD OOCUMFMS, Atm THlS 6�D OF 7iiUS7 7HOS OE�OF TRUST. INti1JD1NG T!£
<br /> '�� ' •� ASStGNME1�IT OF REMS AND Ti�SECUAiTY tNTEitEST IM�RBiI3 AND PFJiSONAL PROPSiTY.fS AlSO GtY�2f TO SEpl�A1�lY ;����'
<br />-`f AND AL.QBLfGAT[OHS OF TRUSTOA ll�dBER TMdT C6iTAlN CONS?RUCT[OH LOAN AGREE61fENT BETW�1 TRUSTOR MIDLHQDSi OF . :�•`..
<br />.�"". . � � EY@!�DATE F�RREWWIT01. AHY EVEFIT OF O�AfIT t1A1DFA THE CQRSTRUCTIOH LOAN AGREEiVlF1�IT. OA ANY OF T!i'e RBA4ED • :
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<br />" OOCUMENTS REPERAED TO TMER�N.SWP1 ALSO BE AN E1fENT OF OE�AULT UHOER THIS OFID OF TRUST. TtiE N[OT�dt�TH(S . ,• ,:�.,- .
<br /> .�_.: ' � 08'c.D OF TRtlST ARE GIY8�1 A!!D ACCEFTED ON TNE FOLLOWING TERMS: _ ��_
<br /> ''' � � , ppylllg,yT qNp p�pFppMqH►CE, Except ag otherwise prov�ded in this Deed ot Tntst.Trustor shall pay to Lender 8D amourrts secured bylh►5 Deed E';._
<br /> �;= � af 7rust Ss tt�ey become due.and sAail stridly and�n a timety manner pertortn e11 of Trustors obiigations under the Note,t�is Deed of Tnisi,8nd the �•�}`�,
<br /> !:: � Retated DocumerAS. `
<br /> ;�: - POSSESSION AND EANNTENANCE OF THE PROPERTY. Trustor agrees that Tnutcrs possession and use of fhe ProperlY shall be govemed bY '-,.•,:�=_
<br /> ,`, � - me toRo+Mng provisloas: . � t• '� �'
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<br /> j�r , po�e�On emd l�e, ttt�the occurrence of an Event of Defauli,Trustor may (a)remain in possession and eoritrol ot the Property, roy�, ��---- ,�;
<br /> i} � • operate or maae9e th9�RertY.and (c)coIIect anY Rsrtts irom ihe ProPerty. . . �
<br /> '}' . Quty to�(n.Tnstor shail maintain the Properly in tananisbte con�tfon and OromV�P�rm all repahs.repiacemenls.and maintenance ��,:�-
<br /> .�.` � ��ar�,toQ:�senre�svalue. '�":�,���s
<br /> ?Y. . ..-� Fia:mrdo�s S�tDS�ar►ees. The terms'4�a�rQous waste�4�arardous substance.'dtsPosal�'lrelease:and 9hreatened cetease;as used in thts � �+�'_z�
<br /> � Qeed ot Tcusf.shall have the same meanings es set forth b tA0 Comprehensive EmAronmerd8l Response.Ccmpet�saUon.ar+d LiabiIIty Act ot . :�-•
<br /> :�;1: .' 198p.as amendgd,42 U.S.C.Secttan 9601�et seq.('CERC111?.the SupeAund Amendments aad Reaathorimtlon Act of 1988.Pub.L N0. . .-,.� '=�.:-�
<br /> g�9-499('SARA'�.the t�asardous Materlals TranspoAaUon Ad.49 U.S.C.SecUan 1801.et seq..!he R�ource Co�ervaBon ana Recovary►AcR,
<br />_-`rr.: ;. � 42 U.S.C.See6on 6901,et seq..or other app�cabte state a Federal laws.M�.or�e9Watlo�u edopted pursuant to arry af the foregaing.The ` ';'����
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<br /> :^:; .�• � ': terms 9ia�rdous wast�and`hamrdous substanca"shaD elso InGuQe,without Gmltafton,petrofeum end petroteum by-products or amr f�aCtlon ; -�c.
<br />;'i; � .'�, �`, thereof and asbestos. trustor represents and warcant�to LenQer tha� (a)Oudng the period M Tnator's ovmersh►D ot the ProAeAY.thera has _ _ . '�
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<br />�;�;� � been no use.genera6on,manufacture.starage,areatmen��s0osal�release or threatened cetease of any hamrdous waste or substance by arry : �_
<br /> ?;�;,_ . person on,under,ebout or from the Property: (b)Tnutor h8s no knowteQgs of,or rea5on to beGeve that thete has been.mroept as prevtot�sly
<br /> ��; � dlsciosetl to and ackrtawledged by LerMer in wrlting. [)any use.generadon,manufacture.storage,treabnen�disyosat.reiea5e.ot threatened �.�^'
<br /> release of any heiardous waste or substance on,under,ebout or from the PropeAy by any prior owne�s or oocupaMS of the Praperly or m)arry
<br /> actual or threatened GUgaUon or daims ot any kind by any person retatlrig to sucfi mattters:and (cy Eiccept as previously Cisdosed to an0 - � � =�--
<br /> acknowted8ed by Lender in wriUng. (i)neither Trustor nor amt tenant,contractor.agent ot other authaAmd user at the P�opeRy shaA use. �
<br /> _�� generate,manufacture,store,treat.dLsposo of,or release any ha�ardous waste or substance on,unQe►,abou!or irom the Property aed (�arry
<br /> ' sucb acUvity sf�all he eonducted In compUance with atl epDlfceble tederal,state,an0 toCal laws,ceguiations and otdinanc�s,InCtu�ng tvithoul "..�
<br /> iimitation those Wws,regutaUOns,and ar�nances desat6ed above. Trustor suthorizes lenQer and its agents to enter upon th9 Properly to . , �• ,.;=
<br /> � make sush inspectlons and tests,at Trustor's eo�ense.as Lender may deem appropr�ate to detarmine compOanCe o}the Propertff�+1th tAb � ..•:s;,,_
<br /> ' secUon of the Deed of Trusl Any InspecUOns or tests made by Lender shall be for Lenders p�aposes onty artd shell not be construed to create ; ''y•
<br />� � ' any responsibility or I'iabiiiry an ihe paA of Lender to Trustor or to any other person. The reprosentaVons and wartanttes Contained Aeretn ere �. ��_
<br /> •',��? � bassd on Tnutots due diligence In investigaUe9 t�e Ptoperty tor he�srdous waste and ha�rdous substanees. Trustor hereby (a)reteases and
<br /> .;,;' , ; � waives any future ctaims against Lender for indemnity or contribution in the event Trustor beCOmes Oahte for deanup or other cosls under erry '� t�_�
<br /> such laws,and @)agrees to inQemNty snd hold harmtess Lender against any and all claims,losses.�aDilitles.dama98s.Oar��es�e�d .
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<br /> :�.,., i expenses which Lender may dhectiy or inGirecUy susiain or suffer resulting from a breach ot this sedion of ipe�eed of Ttust or a5 a :, ; g,-,
<br />-�,r,.� • _ ...� consequence of any usa,gener�tion,manutadure,stor�qe,dsposal.refease o�threatened release accurting pdor to Trustors ownetshfp w
<br />...._..r, •: } interest in the Property.whether or not ths same was rn s.houtd have been known to Trustor. The provisions of ihis sectlon oi the Deed of Tn�st,
<br /> inctuding the obiigaUon to indemnify,shatl suMve the paymenl of the Indebtedness anQ the satisfaclion and reconveyance of the Uen Ot Shis
<br /> �. �i Oeed of Ttust and sha0 oot be aHectad by Lenders acquisiflon ot any interest in th0 Prapedy.whether by tarectasure or othenNlse. ; •
<br /> • � NuleanCe,W83te. Trustor sha11 not ca�ue,conduct or permit any nuieance nor commif,permH,or 5�Yar any strtpping of or weste on or to the .. ,
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<br /> • PropeRy or arry portion ot the Propedy. Witt►cul Ummng the generality of the toregoing,Trustor wfil not cemove,or grant to any other parry fhe � : ;,h ..
<br /> , ' rtght to remove,any Umber,mfnerals(including oil and gas).soil,gravel ot roCk produCts withouf the pdor wr(tton consent of Lender.
<br /> �. � Removaf of lmprovementa Trustor shatl not demoR-�h or remeve any Imprwaments irom the Real Properly without the prlor written consenl , �
<br /> ::��': � of Lender. 0.a e condiUon to the removal of any Improvemenb,lsnder may require Trustor to malce arranBements saHsfactory to Lender to � . ,
<br /> r e p 1 a c e g u c h I m p r o v e m e n b w i i h I m p r o v am en t s o}at leasl e qual value.
<br /> � LenQoPB Rfghf to Fsltel. lender and its agenb and representaUves may enter upon the Real ProOeRy et ail re9sonabte timas to attend to � .
<br />- : '� Lendefs lnteresb and to lnspect the Propedyr for purposes of Trustors compllance with the terms and conditlons of thts Deed of Trus1.
<br /> �.•, eit c t�of�ail go emmental aulho Res eDDiicable o�a use o procc Panymof�he1PraDerty,�inetud ng�w i t h o u tr l l�i n l t a U On,t h 9 A m e�tl9ft W i t h • �
<br /> � �ISabilities Act. Trustor may contest in good laitn any such iaw,ordinance,or regulaUon and withhoid compliance during eny proCeeQing, .
<br /> �� mGuding approprlate appeats,so long es Trustor has no6fled Lender in wrillng pNOr to doing so end so lonp a9,in LenCers soie OpiNon, . ,
<br /> ,:.,: Lenders interests in the Properry are not Jeopardimd. Lender may require Trustor to posf adequate Secudty or a surety bond,reasonably , •
<br /> ° satis}aetory to Lender,to protect Lender's lnterest.
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<br /> Outy to P(oteet. T►ustor agrees neither to ebandon nor Ieave unattended the PropeAy. Trustor shall do ail other ecfs,in addiUOn t0 those acis
<br /> set toAA abov9�n thls secUOn,which trom the characte►and use of the P►oyerty are reasonabiy necess8ryr lo ptotecl and preserve the Property. �
<br /> ;. L �UE ON SALE-CO��SEt�T 8Y LEN�ER. Lender may,et its opt�on,dectare lmmediatety due and payabte atl sums secured by this Oeed ol Trusf
<br /> upon the saie or transfer,wfthoullAe Lenders pdor whtten conseni,ot all or eny perl of ths Real Properry,or any intarest in the Reei PtopeAy. A -
<br /> "sale or trenste�'mean9lhe conveyance ot Real Property or any dght,tiUe or interest fhereln;whetAer legal,benefiolal or equitAbie;whether voluntery
<br /> ' or invoiuntary:whe!her by oumght sale,deed,�nstailment sete contracL land contract.conVacl tor deed,leasehotd i�terast wlth a term greater than .
<br /> � Ihree(3)years.lease-opUOn conhact,or by sate.esstgnmenf,or hanster o18ny beneflclal Interest in ar to any land trust hoiding tiUe to the Reel ,
<br /> � � Property.or by any other method o1 conveyance of Rea1 Property Interest. If any Trustor is a corpora8on,pertnersh�p or Itmited OabiGry campany,
<br /> •";� transter elso��cluGes eny chang9 tn ownership 0}more than twenty-flve perCent(2&96)Ot the voting stock,p8rtnership intereStS ot HmitAd Iiebility
<br /> '_` company interests.as Ihe case may be.of Trustor. However,this option shall not be exercised Oy Londer�f such exercise Is prohibfted by tederal i
<br /> ' law ot by Nebraske 18w. � �
<br /> . . TAXES ANO LtENS. The followmg provls�ons rotaUng to the taxes end Ilerts on the PropaAy are a peA o}this Oeed ot Trusf.
<br /> ��';, PAyment. T�ustor sha0 pay when due(and tn all evsnts prior to delinquency)81113zes.Speclel taxes,assessm0nts,cyarges(inC�uding water � �
<br /> ; end sewer),fl�ss and imposiUOns IeVied egainst or on accounf o}ihe Propertyr,and SAalt pay when du9 all cieims tor work done on Ot lor �
<br /> ' � services rendered or material furmshed to the PrapeAy. Tnrslor shait melnteln the Properly free o}a11 liens haWng priority over or equal to the .
<br /> interest o1 Lender under this Oeed o}TrusL except for the I�en ot taxes and assessments not due and except es otherwise prohdsd in th�s Deed
<br /> of Trosl. 4 � .
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