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<br /> o2-ts-ts98 DEEO OF TgiUST ' Page 2 �� , .
<br /> , Loaro t�o 658593 (Ccntlnued) ��'� �(���a�o� ` • � -
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<br /> ° FebruBtY�.200Ci. '� ...._
<br /> . . ` , ` P'etsonaf PropeRy. TAO worQS'Parsona!ProperlyP mean a0 eQutpmen�fudures.and othar artldes af personat P►oAertY nwi or Aereafter ' • •
<br /> " owned tiy Tnator.and now ar hereaRsr att8che0 or af�aed to the Reai ProPedY:to8ether with aD axesstottg.Pe+ts.end 8dditlo�tu.a2 ' . . ' •
<br /> � reptao9msMS of.8nd all substituflons tst,arty of Stuh prop m t y;8nd t o g e U i e r wtth a�f p r o o e a d s (induding wilAcut UmiffiUOn eA(nswartae , � •
<br /> . � Oroceeds und refltnds M P�eMums)trom arry sete or other disposiUOn of the Propetty. ` . .,
<br /> RropaAfl.The word�roPertY means CoB�cth►eh►�e Resl PropertY and the Personal P►aperty. • ` .
<br /> � � .
<br /> . Rl,81 ptpy2rty.The vYards 7tea1 Property'mean tha prop�cty.interesb and dghb despibed above In fhe'Camreyartce&nd Cxenf 88ctlon. � , {�
<br /> � Re!ffie� Oocummno. The words 4tetated Qocumar�mean and indude without U�on ell promLcSOry notes.creQit agresme�,laan � •
<br /> . ' ` agreemerns,emArortmerttal egr�merAs.8uararttles.security aSreemer�.mcRgaBes.dseds ot trusf.a�d all otAer Ir�sbvmenLS,agresme�and ' �
<br /> . . � QoCUments.wheth8r now or hereafter e�d5tlng.executed In connecNon wlth the Indebtedness. i � - • . � •. .
<br /> ' Ren48. The word"RsrtL'means aU prese�and tulute w►As.revenues.income.issues.roYaftles.Profits,and other benefits daAtred irom the s - ---'� `` '
<br /> . <.
<br /> Property. `
<br /> . TntBfeB.The word'i�e'means UNITm[�I�RASKA BANX and enY substitute or sttooessor trustess. [ . ,. d
<br /> • � , Tntstor. The word?n�star means arry end e11 De�sans and erdities�n9 th�Deed of Trust,inctuding wifhout Gmitafion a0 Tnt�tors named < �
<br /> --. . ._. _. Above. ---,----- - .
<br /> � TNlS AEED OF TRUST. ItiCLUQINfi Tt�ASSitiHMH61T OF RENTS/1liD THE SECIIAITY IkTEREST IN 4HE RFlITS AND PEASOMAL -
<br /> PROPER7Y,IS IiNEN TO S£CURE (1)PAYMENT OF THE INO�'TE'DNESS AND (2I PERFOEi6lAltCE Of M1Y AND ALL OBLIGATIONS OF ;
<br /> • 1RUSTaR 11lVDPA TF�HOTE,THE FiEI.ATED G�CU6@IT&.AND Tli1S OEED QF TRUST. THIS O�ID OF TRUST IS G(VEH AND ACCERiFD - . . .
<br /> OHT�tEFO11.OWINGTERMiB: �i< r=;.:�;�c
<br /> � PAYBdENT AND PFRFORMAtd�E. ExceAt as otherwise pravided in tAis Qeed of Tnut.Tnutor st�all pay to lender e0 emour�is sBCUted by 1hLs Dead � . . �;'�-rY;'
<br /> � of Tnisf as they becorr�dua,and sh811 striCtly and in a 4imeiy manner parfarm ell of Trustors oblfg8flons under fhe Note,thLs Deed ot T�ttst,8n0 ihe � . `"'-
<br /> • ; R�atad OccumenL. '` ' :'�;���:
<br /> POSSESStON AND MA,iHTENAttCE OF T!�PROPERTY. Trustor agrees that Twtors possesston end use of the Prope�ty shsD he gavemed by , `�.
<br /> the fauourin rov�tons: •- -,: `('.���
<br /> . 9 P ?�-,�:�`--_
<br /> . PossessWn and Use. Unt�the oocurrence of an Everd of Default,Tnutor may (a)remain(n po�ion and coriUot ot iha Property. (b)use, • ";;-�.'��:,
<br />, .. operete ar manage the Property.and fc)co�ect arry Rents irom the P�roDe�Y• � . �. ' ;...��',
<br /> � Wty to Ma&rtatn. Tntstor shaN meirttain the Praperty in tenar�bla condrti�n and V�P�N Perform aU repairs,reptacements.and matrdenance . �
<br /> . � neCeSSery t0 PteServe iIs velue. r.s.. '--'.��'•.
<br /> . �T�
<br /> lfa�ardolts Substaneea The temis'ha�rdous waste.'"ha�rdous substance:"dsDo�i:'retease;arid'�hreaUened reiease;es used in UUS •�+`��_�_.
<br />. � Oeed of Tn�st.shaD heve the same meaNn�es set toM tn the Comprehenstve Emtronmentel Response,Comper�satlon,and UabfUty AG at . �'�`''��-,w;s:
<br /> t980,es emended,42 U.S.C.Secfton 8601.et seq.('CERCI.A�,the Supedund Amendmertls and Reauthorimtlon Ad of 1988.Pub.L IYO. ` ' �"�•'`r_�a•�
<br /> ' .- " 99-489 i SAtiA'!.the HesarQovs Ntaterfals T �Y ., . '� '< � .,,:.
<br /> ,. �.....
<br /> ranspoAaHon Act.48 US.C.S�tion 1801.et seq..lhe,Resource ConservaUon end Reco Ad, � �fti'`�r,�
<br /> � � ' 42 US.C.3edion 69D1.et seq..or other apAScabie state or Federal fan�vs,tutes,or regt�lations adopted pursuent to any of the foregcing. Yhe ,t j;�A�'.=
<br />_ � terms°haiardous waste'and'hamrdous s�sffince'shaU atso induQe,withou!tim(taton,petroteum and petroteum by-produds ar arry Uadlon '+P;=
<br /> � ther8of and asbestos. Tn�stor represents&nd wanards to Lender lhak (a)Oucfrtg tne perfod of Trustors ownership ot the Property,there has � "-�?�;;,
<br /> . i been no use.8eneraUon.manufacture.storage.treatmant,�Oosal.retease w threater+eD cetease of arry he�rdoLL,weste or substanoe by acry '•��7'��
<br /> ti person on,under.about or from the Property: (b)Trustor has no knou�Qge ot.or reason to 6eaeve that there Aas hean,ezcept as prevlousiy . ' .�,;•�•:°.
<br /> � 1 d�dosed to and acknowTedged bY LenOer in wrtUng. n anY use.8er�ma9on.manufacture.sta►a8e.treaUnenl.dis0osal.retease.ar tlueatened -=:
<br /> ' i release ot a�ry herardous waste or subsfence on.under,about or irom the Properry by any pdor owners ar oecupants of the PropeRy cgr(fi)arry - ,�`'�'>'
<br /> actual ar thoreatened i'rttga8on or daims of arry kinA by arry person retaEng to such matter�and (c)6cceyt es prevtousty disdosect to and . ='.�i.F�;;•;!�:
<br /> acknowteQged by LenQer in wrifing. ()neither Trustor not any tenant,contraatpr,agerrt or other authori�d user at tt�e Pmperly sha0 u59, . `. •� ;a-
<br /> � genarate,manulachue,stor&treaf,dtspase af.ar retease enyr hanardous waste or substanCe on.under,ebout or irom the Pmperly an0 Qi)arry �•,� �d' J�
<br /> such seflviry shail be conducted in campGance with efl sppticaDte federal,state.end tocal faws.reg�aUons and ar�nences,tnduQhrg wtthout • "r�� �
<br /> • fimttation those Iaws.regutatlons,and ardinanoes desaibed above. Trustor euthariz�Lender and its age�As to enter upan tha Property to • ' �t«���!
<br /> make such Ins ectlons and tests,at Trustors expense,as LenCer may deem approprtate to determine comp0ance of the Propmty with this �"`
<br /> D � ' �':ri:'
<br /> sec6on of itta Oeed o!Trust. Any inspec0ons or tests made by Lender sha116e far Lenders purpos�oNy 8nd ShaU aat C9 construed to aBate �;�,'���-
<br /> any responsibiliqr or uability on the paA of Lender to TnuMor or to any other person. The represenffiUons and warran�ss contained herein aie � � -:� ; •�.
<br /> based on Ttustor's due di�gence In invesAgaUng the Property Por ha�ardous waste and hamrdous substances.TnutOr hereby(a)teieases ar�d � . -�d•,�
<br /> � ' • walves any future cfaims agai�sl LenCer tor inQemnity or contributlon in the eveM Trustor becomes tia�l9 for Cteanup or other Cosb unde�arry • �3��
<br /> ' such laws,and (b)agrees to indemnify and hold harMess Lender against arty ana atl dalms,losses,tlaDiliti6s,Qamage9,petralBes,en0 � , ,t;�,_
<br /> expenses whict�Lentler may dlrectty or indlrectly sustain or 5ufter rssWtlng from e breach of lhis seclton of the Oeed 01 Tnist Or as e �
<br /> consequence ot any use,generaUOn,manulacture,storage,disposal,release a threatened release occurting pdor to Trustors ownership or �� ��!�
<br />= interesl in the Property,whelher or not the same was or should have been known to Trustor.The ptavtslons of thfs secHon of thg Deed ot Trust, • •���=
<br /> . inctu�ing the obllgaUon to IndemNty.shall SuMve the payment of fhe Indebtedness and the saUsfadion and reconveyance Of the Qen of thb ' �:;-•-,',; ;;;__
<br /> � i Oeed ot Trust and shaii not be a8ected by Lendefs aCqulsitlon of any interest in the PropeRy,whether by foreGosure or otherw150. , ,:.�
<br /> � Hufsance,W�ste. Trustot shall not cause,condud or permN any nuisance nor commN,permH,or suNet any sbtpping oi or waste on or to the � ;��;�_.:�
<br /> Property or any po�tion of the PropeRy. Without IimiUng the generafRy of the(oregoing.Tn�stor wiil not remove,or grant to any otAer paAy the
<br /> . ] rtght to remove,arry timber,mtnerats Qnduding oil and gas),soii,gravel or rook products without the prfor vMtten consent ot Lender. .
<br />_,1 . + Removat of Improvementa Trustor shall not demoiish or remove ar►y Improvements irom ihe Real Property without th0 pdor written consent ' '
<br /> � ot LenQer. /l�s a�ondUon to the removal ot arry Improvements,Lender may require Trustor to make artangements saUStactory to lsnQer to ��
<br /> replace sucA Improvement5 wltb Improvements of at teaM equal value. . .
<br /> LenQePs HIgt11 to Entet. tsnder and ib agents and representaUves may enter upon the Reai PrapeAy at ail reasonabte Umes to ettend to �
<br /> � LenQers interesb and to inspect the Propedy far purposes of Trustors compllance with the terms and conditlons o}thfs Oeed of Trusl. .
<br /> Compllanee witb Qovemmental Requirements. Trustor shall promptly compty with atl laws,ordinances,and regNattons,now or hereafter in .., '
<br /> eHect,o}811 govemmental authoriHes applicabta to ths use or accupanoyr ol the Property. Trustor may contest in good faith arry such Iaw, .
<br /> :,1 � ordlnance,or reputflUon ana withhold compllance dudng any proceeding,including appropdate appeats,so long as Trustor has noUBed Lender � . �
<br /> in vrtiting pdor to doing so and so long as,in Lenders sote opialon,Lenders interesb in the Property ere no!jeopardized. Lender may require . .
<br /> � � Trustor to post edequate securlty or a surety bon0,reasonabty s8tisfactory to Lender,to protect Lenders Interest. �
<br /> • � . Duty to P►oteel. Trusta agrees nelther to abandon nor leave unattended the Property. Trustor shati do ail other ects,in addiUOn to thos9 ecis .
<br /> , � set foAh above�n thls socUOn,wh�h irom the character and use of the PropeAy are reasonably nec�,sary to protect and preserve the Froperty.
<br /> ' DUE OH SALE—CONSF�fT BY LENOER. Lender may,at its opUon,deciare immeQiatety due and p�ya6ie all sums secured by this Deed ot Trust .
<br /> � � upon tAe sate or transfer,without iha LenQer's prior written consent,of atl or any part of the Real Property,or any Interest in the Reel Rrayerly. A
<br /> ,.• ''S8►e or hensfer means the conveyenCe of Rge)PrOp6Ay Or eny right,tlUe or Interest theteln;whetha►fegel,beneflci8l o�equ(tebl9;wlfBthel vOtuntery .
<br /> . �� or involuntary;whether by ouhight sate,dead,instatlment sate conbact,land conhact,con�act far deed,teasehofd interest wtlh a term greatgr than
<br /> threB(3)Years,tease-optlon contract,or by Sate,assignmenl,or Uanster ot any benefiaal interest in or to any land trust holding tille to fhe Real
<br /> • Property,or by any other melhod of conveyance of Real Praperty interesi. H any Ttustor is e Corporation,partnership or Ilmiled liabitlty company, • '
<br /> _, j transter a150 inClud89 any Change m ownersfiip ot more then hventy-flve perCent(2595)O1 the voting stock,partnership interesb or tlmiiad Ilability .
<br /> • company interests,as the case may be.ot Trustor. However,thiS optlon shall not be exercised by Lender if Such exerCise is prohibited by federal '
<br /> • ' law or by Nebraska 18w.
<br /> • TAXES ANO LIENS. The tOUOwtng prov�sions relaUng t0 the texes and Ilens on the Properry are a pert of this Oe9d of Trust.
<br /> � Payment. Ttustor shall pay when due(and in ell events pnor to delinquenCy)ell taxes,speclal texes,essessments,charges(inCtuding water '
<br />- � and sewer),8nes and�mposillons levled agamst or on acCOUnt ol lhe Property,and shali pay when dua ali Ctaims for wotk done on or for r
<br /> Services rendered ar materlal turnished to the ProQerty. Trustor shall maintsln thA Properly free o1 ati Ilens hadng priodty over or equal to the
<br /> intarest ot Lender under this Ceed ot Trust,exoept tor the Oen of taxes end a55essmenb not due,except tor the e�tlsUng tnaBbteQness raferred
<br /> �`, to b61ow,end exoept as otharwise provided in this Deed of Trust. �
<br /> �r•� Right To Contes� Trustar may wlthhold payment o}any tax,assessment,or Ctaim in conneCtl�n with a good(aith dispNe over the obllgeUon .
<br /> '' fo pey,so fong as LendePs Interest in the Properry is not Jaopardized. If e Ilen adses or is fi!ed as a result of nonpayment.Trustor Shell within �
<br /> ' � fifteen(15)deys efter the Iien arises or.R g Iien�s filed,withln fifteen(15)deys efter Trustor hes n011Ce ot the flling,SeCUre the dlsCharge ot the j
<br /> :,� tien,or if requesfed by Lende►,deposit wlth Lender casb or a SutfiCen!corporate surery bond or other secunty saUstactory to Lender in an �
<br /> •t.
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