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<br /> ; 02-1a-9997 DEED OF TRUST P8�� - _ __ _._.-
<br /> I Loen No (Contlnued) q�►� ���(��
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<br /> 1 Pss�ot�M Properfyr. Tha words"Pereonal Property'meen all eq�rlpmanl,Nxturea,rnd other articles of pereonel property now or hereaflsr
<br /> o�vned by Trustar,and now or nereattar attached or nffixed lo It�e ROa�Property;topether wlih oll acassslona, parts, �nd addltl�n�to,ell *�
<br /> r�l�CerrNnta ol, �nd ali eubslilutlons tor,�ny ot euch prc►p�rty; qnd topNher wllh all proasds (Inciudiny v�ilhout Ilmilolfon ell Insuranc� �.
<br /> I pvoceeda�nd retunds o}premlum�)kom eny e�ie a other dlsposltlan of th�Property. ,-
<br /> I Pr�Ay. The wad'P►operty'ms�ns collactiveiy Ihe Retl Prop�rty and th�Pereon�l Properry. -
<br /> Ra�l Property. The words Real Property'moen the property,Intarests and rlphts desCrlbed above In Ihe"Conveyance end Orenl"aeolion.
<br /> � Rtid�d OoCUmtnts. TM wads '4iNated Dt�cumenfs" mean�nd InctuW wlthoul Ihnitalion all promissory notos, cr�tilt aQrNrrwnb, tan __
<br /> oflrolments,enNronmentd epnements,puuentles,security aflrMmenle,mortptpx�,deeds ot trust,and all other Instruments,apnemenb and
<br /> doCUment�,whethur now a hereefter existlnp,exeCUted In conneotlon with Iho Indebtedness.
<br /> � Ren1s. The word'fienta"means a.11 present and tuture ronts,nvsnuea,Income,Issues,roytllles,profiq,pnd other benefits d�dved hom tM
<br /> i P�°perty•
<br /> ' Trustrs. The wad"iru�tee"means FIR3T NATIONAL BANK OF MAR�UETTE rnd eny aubsfitute or successa hustees. °
<br /> � Truua. 1'he word'Trusla"menns any and all persons and enlilles execulinp this Doad of Trusl,Incfudinq wilhoul Ilmit4lion all Trusloro named
<br /> nbove. "
<br /> THIS OEED OF TRUST, INCLUDIN� TIiE A8310NMENT OF RENTS AND TFIE 3ECUIiITY INTEREST IN TFiE RENTS AHD pER80#!AL • -
<br /> PROPEi7TY,18(iIVEN TO SECUt�E (1)PAYMEMT OF THE INQfBTHONE83 AND (2)PERFORMANCE OF ANY APID ALL OBL,IdAT10N8 OF ��:;.:y�"
<br /> . TRUBTOR llMDER THE NO7'�,THE RELATEO I�CUMENTB,AND TH1S DEED OF TRUST. THIS DEFD OF TRUST 18(iiVHM AHD ACCEPTED ' __
<br /> . ON Tt�FOLLOWONQ TERM8: .�.r` :' .
<br /> y:: tL M
<br /> . PAYMElIT AND PERFORMANCE. Excepl as othenvlse provided In thls D�ed of Trust,Trustor ahell pay to Lender nll�mounb secursd by Ihis Deed 'd Y�� -�
<br /> of Trust as fhey become due,and shall strlcfly end In e timely menner pertam all of Trustors ob11p4Nons under the Note,thb Deed af Trust,and tM ��~
<br /> Rettled Uxuments. - - ----
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<br /> � POSSE8Si0M AND MAIMTEkANCE Of TI1E PROPERTY. Trustor aprees that Trustor's possesslon pnd use of the Property shall b�poverrred by ���_ ^
<br /> the fo�lowlnp proNslons: y`�,-,'��
<br /> � Po�NSNo�Mtd UN. Until the occurtenca of en Event of Default,Trustor may (a)remain in possesslon and controf of the Property, (b)use, �.��-'
<br /> opente a manege the Prope►ty,Bnd (c)cdlect any Rents hom the Roperty. 1�.
<br /> � , Duty to Main4atn. Trustorshall malntaln the Properiyr In tenantable condition nnd promptiy perform all repairs,replacemenb,and maintenance '� �
<br /> � necussary lo preserve Its velue. .,���
<br /> � � . FI�xlydats SubsUnces. fie terms"harardous waste,""haYardaus substance;"dlsposal,"'Yeleaso,"and 9hrettened raie�se,"as used U thb . .
<br /> ,y Deed ot Trust,shall hnve Ihe same meanlnys es set torth In the Comprehensive EnNronmental Response,Compensatlon,and Llabliity Act of '
<br /> � 1960,as amended,A? U.9.C.Seatlon 9801,et seq.("CERCLA�, the Superiund Amendments and ReauthaMzadon Act of 1988,Pub.L No. �yx+;�,�4' �
<br /> '� 99-499("SARA'�,1he Haterdous Maledals Transportatlon Act,49 U.S.C.Sectlon 1801,et seq.,the FiesourCe ConservBtlon and Fiecovery Aot, �i".-�:� �
<br /> � Q 42 U.S.C.SecUOn 6901,et seq.,or other appl�able state or Federal Iaws,rutes,or repulsNons adopted pursuant to any of the faepdnp. The ,, :��t= ,. �
<br /> terms"hunrdnus waste"and"ha�ardous substance"shail also Include,without Iimitatlan,potroloum and peholeum by-produCts ot eny haCtion
<br /> therenf and as6estos. 7►uMo►representa end werrenb to Lenaer that: (a)Dudnp the period of Trustor'e ownershlp of ttw Propniy,th�re has •_
<br /> been no use,generation,manufacture,storage,freatment,disposal,reiease or ihreatened reloase of any heurdous waste or substencs by any ,�
<br /> parson on,under,nbout or irom the Propsrty; (b)Trusta has no knowledge of,or reeson to believe that there hns been,except��proWousiy .-
<br /> dlsclosed to and acknowledped by Lander In writiny, (I)any use,peneration,manufacture,storapa,heatment,disposal,rekase,or throaiened
<br /> , reteese of any hasardous weste or substance on,under,about a hom the Property by any pdor owners or occupants of the Propwty or (1q any ��
<br /> actunl a threatenad Iitigellon a clulms of any klnd by any person reiatinp to such matters;and (o)Ex,cept u prevlously dhdosed to and '�. :
<br /> acknowledped by Lender In wd8np, (q nelther Trusta na any teiunt,conbactor,apent or other authorinod user ot the Pronwfy shall uso,
<br /> penerate,manufaoiure,stae,heot,dispose of,or retease any heiardous waste a substance on,under,about or hom the Proparly and (N)any �� ,
<br /> such activity ahalt be condur,ted In complianca with ell appucable faderal,etate,and local laws,reputadons and ordinanas,Indudinp wlthout
<br /> Ilmitatlon those laws,repuletlons,and ordlnanCes described ebove. Trustor authorixes Lender and its apents to enter upon the Property to
<br /> make such InspeCtions and tests,at Trustor's expense,as Lender rtwy deem approprtate to determine campllance of tha PropYrty with this
<br /> � socNon of the Deed of Truat. Any inspectlons or tosb made by lender shall be for Lender's puiposes ony and ehatl not b�constrwd to create —
<br /> any responslbNity or Ilablliry on the part of Lender to Trustor or to ai�y other person. The representatlons and warranHes contalned fwreln are
<br /> bflsed on Trustor'e due dlVpence in InvestiQetinp the Property fa hazerdous waste and harardous subatances. Trustor heroby (R)releases end
<br /> . walves any tuture cialms eyalnst Lender(a Indemnlry or contrfbutlon In the event Trustat become�Ilable fa ciwnup or other cosb und�r any ��
<br /> such laws,and (b)aprees to Indemnify and hold harmless Lender nyalnst any and all clalms,losses,Nabl4tles,damayss,pendWs, and =-
<br /> " � expenses whbh Lender may dlrealiy ar IndlreCdy sustaln or suHer resullinp hom e broaCh of this sxtlon of thY Dwd of Trust or aa a =___
<br /> , consequence ol any use,penar�tlon,manufacture,stomye,disposal,retease or threatened refe4se occurtinp pria to Trusta's ownarship or �===--_
<br /> Interest In the Prope►ly,whether or nol the same was or shouid heve beon known fo Trustor. The provlslons of thb sac8on of the Desd of Trust, - - -`
<br /> � Includirp the obiiyaHon to Indemnify,shall survive the payment o}the Irtdebfedness and the sa8st�cHon and reconveyanca of tM Nen o}this �'�
<br /> � Deed of Trust and shall not be effected by Lender's scqulslHon of any Inferest in the Property,whsther by forsclosuro or otherwiss. _�_
<br /> , Nub�nce,Wqte. Trusta aheu not cause,conduct w permit eny nulsance nor cornmlt,permit,or suNer any aMppinp of or waste on or to the
<br /> � Property a eny pwfion of Ihe Property. Without Iimitinp the genc+railty o}the faepdrp,Trustor will not removo,or grant to any oth�r pflrty the ��•�
<br /> r{pht lo remove,eny timber,minerais(Including oll end pes),soll,pravel or rock producb without the prla written consent of Lander. ���
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<br />�:� RemovM nf Improv�mentti Trusta shall not demdish or remove flny Improvements irom the Real Property without the pdor wdtton consEnt
<br /> - _ : . of Lender. As a condi8on to fhe romoval o}any Improvementa,Lender may requlre Trustor to make flrranpemenb sattsfactory to Landsr to :� .,_.,..�
<br />- �'� repiace suah Improvemenb wiih Improvements oi at least equai value.
<br /> �_ Lend�r's Rt�►t to Ente►. Lender and Its agents and reprosentatfves may enter upon the Real Property at ell reasonable tlmes to attend to ' �
<br /> f Lender's Interests and b Inspect the Property for purposes of Trustor's compllance wNh me ierms and condlUons of thls Deed o}Trust. ���,,: . , �`+.
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<br /> w Complince with fiovemmenlN Requtrementa Trustor shall promptly compiy with ail laws,ordlnances,and repulaBOns,now or hereaRer In �.:�!;y:.;':":,�.f�;g_.
<br /> - efhct,o}all govemmentrl aulhoritlos applicahle to the use a occupancy ot the Proporty, includinp without Ilmita8on, the Arn�icans With . :.:f:,�:� �.�.
<br /> r DIs�bHiths Aot. Tnnfor mey Conteet In good falth eny such law, ardinanco,or reguladon and wfthhold Compllance dudnp any procoedl � . � '�
<br /> .b indudinp approprlete app9ats,so long es Trustor has nofifled Lender In writing prlor to dolny so and so long ps,In Lender'e sole opinto, , ' ' ' �"."�
<br /> Lender'S intere5b In the Property ere not Jeopardized. Lender may requlre Trustor to post adequete seCUrity or s surely bond,re�isonably � �• ,
<br /> satisfactory to Lendor,to protecl Lender's Interost. . . '
<br /> • Dury to Protect. Trustor aprees neilhar to abandon nor leave unattended the Ropaiy. Trusfor shnll do all other ecb,In addiHon to those acte �
<br /> set forth above In this sectlon,wh�h hom the charaofer and use of the Proporty ere ronsonably necessery to protect and preserve tha Propprty. _ •
<br /> , DUE ON SALE�COaISEHT BY LENDER. Lander may,nt Its option,declare Immedlatety due and payabl�all sums secured by this Oeed of Truat ,.
<br /> upon tM sate or hansier.wfthout the L¢nder'a prlor written consent,of au or any part of the Reel Property,or any Interest In tho Rual Property. A
<br />. "sale or tnnsfar'means the conveyance o1 Real Property or any riphf,tiNe a inlerest theroln;whether lepal,beneBclai or equltable;whether voiuntnry
<br /> w Invoiuntqry;wlwther by ouhlpht sale,deed,Instaliment sale conhect, land contrect,conhaat for deed,loasehold Interost with a term prentx than �
<br />� _ __ threo(3)yetra,lense-opflon contrnct,or by sale,asslgnment,or hensfer of any beneHclnl fnterest In or to any land trust hWding title to thp Asal
<br /> Property,w oy any otner metnoo ot conveyance or Reat i�roperty mterest. it eny rrustor rs e corporation,pannersnip or umitea uabmry company,
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<br /> trensfer aiso Includes any chenpe In ownershlp of more then twenty-five percent(2696)o�the votinp stock,partnership Interests or Ilmited Ilablliry
<br /> � company Interesb,as lhe case may be,of Trustor. liowever,thls optlon shail not be exercised by Lender it suc:h exorcise is prohiblted by(ederel „
<br /> ' Iow or by Nebraske law.
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<br /> , TA%E8 AliD LIFJiB. The follnwing provislons r�lating ta the texes and I?an�on Ihe Properly are a part of thig Deed of Trust. • '
<br /> = Payminf. Tn�stor shall pay when due(end in all events prior to dellnquency)all texes,speclal texes,assessments,charQes(Includinp water
<br />- and sower),flnes and Impositlona IeNed apalnst or on ace�unl af Ihe property,and shnll pay when duo all clalms tar work dane on or tor
<br /> serNCes rendered or mat9dal turnlshed to the Property. Trusta shall malrttaln the Property hee af ail Ilens heNng prlorfty over or aqual to the
<br /> - ' Interest of Lender under tNS Deed qf Trust,exct+pt tor the Ilen of texes and essessments nof due,except for the exisNne Indebtedness retesred
<br />; � to bNow,and except as olherv+�se provlded In this Deed of Trust. -
<br /> Rlpht To Contest. Trusta may wlthhold payment of any tax,esses9ment,or clalm In connecNOn with e qaod fnith dispute over ttw obilpaflon
<br /> _ � to pty,so lonp as Lender'e Interest In fhe Property I�not Jeopudixed. If e Ilen ortses or Is fiied 8s fl result ot nonpeyment,Trusta shall within
<br /> etteen(16)days alter the IWn arlses a,If a Ilen Is tiled,wlthin firteen(16)days eRor Trustor has notico of tho flllnp,secure the discharpe of tho
<br /> Ilen,a I}requested by Lender,deposlt witt� Lender cesh o:e auHlclent Corpaete aurety bond or other secudty satlstaCtory to Lender In an
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