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<br /> 0�14-1897 DEED OF TRUST 9�•il)�1.�,� Page 2 �
<br /> Loen No 411538 (Contlnued)
<br /> ' NON. TM WOrd"fiot�"ma�ns ths Nots d�tad Fobruwy u,1097,In the princl�al amount at 563,900.00 hom Trustor to Lender, .
<br /> toq�lh�r wllh�N nn�wals,extenslons,mndlNC�tlons,reflnanc:lnpe,and substltutions or Ihe Note. i he maturlry daa of this Deod of Trust Is
<br /> ' FWruary t4,2002.
<br /> � P�npt1�1 p�op�rty. Tha words"Personal Froperty'mean all equlpmanl,8xtures, end olher arl�{es c�pereonal property now or horeafler .
<br /> � owned by Trusta,and now w h�nafter dt�ctwd a affixed to Ihe Real Propertyr; toyether wlth all �ccesslons, p4rt�,and addilions lo,�N (
<br /> � rrpltc�mfnts of, �nd aY eubstllutions (a,any of such property; end topether wlth all proceeds (indudinp wlthout Ilmitatlon eH Insunnce
<br /> , � proc::d.and refunda af prcmlums)from any�„!�or othcr dl:posldon of tha Prop�rty. _
<br /> Propafy. Ttw wad'Prop�rty'm�ans Cdlecfiwy lM R�al Prop«ty�nd ttw P�roonal Property.
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<br /> Rad Propfrty, Tha words'Raal Property'mean Ih�property,lnterests and ri9hts desCNbed above In the'Convsyana end Oranl"a�ction.
<br /> I RMMed DoCUrtNnW. TM words'4ielated Da:urtMnb" mean �nd Include without Ilmitatlon all promissory note9,Credit�proertNnts,lan
<br /> aprMrrMnts,�nvkonrrNntal apreem�nb,punrantNs,a�curtly apreements,mortyayes,deeds of trusl,nnd�N other Instruments,oyreerrNnls and I
<br /> � dceum�nts,wtwlhw now a Mreallx o�dsPrp,oxscuted In connocllon wlih the Indebtedness. � •
<br /> Renla. Tha word'Renb"rtr..an�aN presenl nnd(uture rents,revenuw3,Income.Issues,royalties,profiU,and olhsr b�nefits derlwd kam ItN I
<br /> � ProPMty:
<br /> TruNN. TM wad'Trustee'moam UNITED NEBRASKA BANK ond any substituta or successo►trusteee.
<br /> I TfuNO►. The w0�d"Trustar rtw4n3 any and all p�rsons and entllles exaCUtlnp Ihls Deed ot Trust,In�ludi�without Nmitation all Trustors namod
<br /> abov�. .
<br /> TFM$ DEm OF TRUST, INCLUDINQ TFIE ASSItiMMEHT OF REHTS AND TFIE SECURITY INTEREST IN TFE REMTS AND PER30NAL ,
<br /> PROPEIiTY,IB OIVEN TO SECURE �1)PAYMENT OF TF1E IND�TEDNE38 AND (2)PERFORMANCE OF ANY AND ALL OBLIGtATiONB OF •�.•.
<br /> TRUSTOR UNDER 1'HC NOTE,THE RRATED DOCUMEHTS,AND THIS DEED Of TRUST. THIS OHED OF�'RUST IS OIYEN AND ACCEPTEO , , y�....�Cr.
<br /> ON TiE FOLLOWINQ TEiiM3: � ,... . '
<br /> PAYMENT AND PERFORMAHCE. Excapt as otherwlse provlded In thls Deed of Trust,7rustor sheli pay ta Lender tN amounh socured by thts Deed
<br /> of Trust aa tt►�y bxome dua,and shall striCtly and In o timely manner per(orm nll oi Trustor's obiipatlons u�der tiw Note,ihis Deed of Trust,and fh�
<br /> Reltted Documenls. •
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<br /> POSSE�.lIOM AND�IAINTEMANCE OF TFIE PROPERTI'. Trustor ayrees that Trustor's possesslon and use of the Properiy shAN W yoverned by , - _
<br /> tFN toNowirp provfsions: �;`,�
<br /> PbMnNon Mtd IJM. Un1N tF+e oCCtrrena of an Hwnl of Default,Trustor may (a)remaln In possession and contrd of ths Prop�rty, (b)�r.�, `a�--
<br /> op�raM a manap�iM Proporty,�tnd (o)colkct any Rants hom Ihe Propartyr. .
<br /> � Dttly to Malnitln. Trusta shaM m�tntaln the Property In tenantabie condiilon and ptomptly perfam 40 r�paks,replaoeirwnts,and mlintenana �
<br /> t�as�uy to,p»s�rw fb v�tu�.
<br /> F{wrdow Sob«t�nqa. The te�ms"lwrardous wask'"hvardous aubstarK:a;"disposai;�s�,"and"throatan�d rsfease,"a Inad in thla � �
<br /> DMd of Trust,eh�il haw 1M sam�rtwaninps as sst fath In the Comprohensive Environmental Fl�spons�. Cflmp�nuuon,end WbWty Act of j
<br /> = I 1.,,�, �«:iJ�AL:.l..'.:J..°..^.. �..,.�'!l�r.°..�l,�!;.�.('�'..ER�l.4'^�!!:E 3!!p°�stu.^.d e.m�!ldse!ent� Srtd F!mi�t�nrlsaNnn Ar.t nt 1S3NR; PWt_ l.No. _---
<br /> 95-498('3ARA',tM Hazardous Materiats TransportaUon Act,49 U.S.C.Sectlon 180�,et seq.,the Reswrc�ConservaBon tnd R�covery Act,
<br /> 42 U.S.C.S�cuan 8901,�t ssq.,a atMr�ppl�abk atate a Federal laws,rules,a repulatlons adopted pursutnt to�ny of th�fo►pdnp.The
<br /> ,�j IKme Twrdow wasa'and"hwrdoua substancs'shaN also include,without Amttatlon,polroleum and pstrokum by�roducls a any inctlon '
<br /> � ' thw�of�nd asb�sta. Trusta repr�sents and wunnts to Lender that: (a)Durinp the period of Trustor�ownKah�p of ths Pro{�rty,lhen has �� ;
<br /> • t�n no us�,p�n�raibn,mmuf�cture,atorape,treatment,disposal,raleasa a Ihreotened release of a�y►wz�rdous wask or subsianc�by any ;i
<br /> . p�son on,undK,�bout or Nom tM Prope�ty; (b)Trusta hes no knowtedps of,or reason to belbve ttut thon h�s bNn,exssyt as provbusly ' `�
<br /> • dhcioe�d to and adcnowhd9ed by Lender In wrflinp, p)eny use,peneratlon,manufacturo,storey�,tretlmsnl,dispos�l,niease,or threaNrNd ' A�'
<br /> � nkaw of any h�xardous wuN a substanos on,undor,about a trom lhs Propaty by any prior owners a oocupanb ol!M Prop�ry a ry)any ,� '�� ���
<br /> i: actwl or thre�Mrwd YYpaYOn or d�lms o!arry klnd by any paraon rNaNnp to such mattrre;and (c)Exc�l ia pnvloutly di�ciowd 10 and �r
<br /> ackiwwNdp�d by L�nd�r In wriHnp, Q)nelfh�r Trusla�a any krwnt.confnctor,�gent or otMr aulhD�i2ed tts�1'Of tIN PIOpMty th�A us�, ar• ' t
<br /> ,, p�rMraM;rtwnulactun,ator�,tr�t,dispos�of,a raNaso any ha=ardous wasta or substance on,undar,�boul a hom tM Proparly and (Y)any �'
<br /> stich�ctivfly�haY W conducbd In canpM�na wfth dl appNCabl�lsderal�stafe�and locat laws.npWafbns md ordln�no�e�Indudir� wNhoui �'�,. � ,� ,
<br /> YrNI�Yon thos�kws,rpula8ons,and adlnanas d�scribed abovs. Trusta wthorizes Undu tnd Hs�p�nb fo�nlw upon tM Propuiy to a+,;,. � ��'�
<br /> .�,' mNc�tuch in�p�ctlora and 1esb,�t Trusta's u�ansa,as Lender may d�sm eppropriate to d�t�rmlM compNena of ttw PropKty with tMs ,
<br /> �,iion o1 tM Ds�d of Tnnt. Any i�up�ctio�a tssts mnde by Lender shiN be for Lendsrs purpos�s ody a�d eh�M not M construod to aMN �
<br /> tu
<br /> t� any roaporalbfNty or II�bfNly on tha part of Lend�r to Tnrsta or to any other person. The represen4tUaa and wartantl�s conhin�d h�eln ue � _-
<br /> "• batad on Tn�s!a's dw dN►pence in Investipatinq tM Property tor harerdous waste and ha7ardous BubsUnoss.Tnista Mnby (a)nNas�s�nd •.,
<br /> j w�hrM any futuro ddms aq�lnst Under for Ind�mnily or contribullon In the event Trustor becomes NabM for dNnup ar othsr cosb undlr�ny •�•• »
<br /> { such law�, and (b)�yre�s to Indemnity and hdd humtess Lender aqelnst any and all ciaims,loss�s, IUbAftlss,damnges,p�nUties,and
<br /> �whlch Lsnder may dincNy or Indkectly eustaln or suffer rosultinp hom a breach of ihts elction of tM Daed of 7rust or u a ,"-. �����°ilif"i�
<br /> � ca-K�qulna o f any ua,gsnaa Bon,manu ta c t u ro,s t a ape,d is p o s n l,r e t a�s a a t h r e a t e n e d r e W n s a o o c u r r i r q p r i o r t o T n u t o r's o w r�s h l p o r ,i;:E ;;. -.�_
<br /> k�MrMt In 1tN Prop�tly,wh�lhsr or not the same wu or should twve been known to Trusta. The prov}sbns d this a�CUon of tM D�ed ol7rust, � ;;-
<br />- "• ir�dudirq fh�obfiprUon to Ind�mniy.shnN turviw lt�e payment of the Indebtedness tnd the sallsfacdon and raconvoyanca ot ttw Nen of t�ls {:;s�:,:.� ,.. -,�.�_ _
<br /> `��� DMd of Trust and sh�ll not 4�athctod by Lsndor's�Cquisition of any Interest in the Property,whethar by Io�BCloetx�or ofhenvts�. � , 1.:w£,�'r.F ..
<br /> ;�'; MWNna�WNH. Trtxta aha8 not c�use,conduat or permit any nulsance nor commit,permR,a suHer tny strippirp of or waat�on w to fhe � '°'�`�s`
<br /> � Wopaty or�ny portlon of tM Prop�ty. Without Nmitlnp the penentity of the faeydnp,Trustor wIN not nmow,a pnnt to my other parly tM .�•,;,� � �
<br /> ripht to nmow,any tlmbar,minerals(Includlrp oil and pas),sdl,qravel a rock products w�lhout th�p�fa writt�n co�nt of LvndK. • �. .�
<br /> ��.
<br /> R�nwval ot Improvem�nU. Trustor shaM not demoNSh or removs any Improvements from the Heal Propsrty wfthout tM pria written consenl „
<br />- of UndK. As d Gondtlon to tM rsmoval of sny Improvements,Lender may requlre Trustor to make urarq�m�nb saNsf�ctory to Lender to �"�
<br /> repMa such Improwments with Improvements of at teast equal valw.
<br /> L�+fdN'�Rlpht b Eeb►. Landa and its apenb and representetives mey eNer upon the Reai Propeily 4i dl rsasonable limrs to 4ttand lo ��
<br /> . L�nder's Interosb md to Inspect tM Property for purposes ot Trustor's compllance with the terms and condftbns of thk Daed of Trust.
<br /> Co�npN�neo wNh tiovetnmentat ReQui�emenb. Trustor shell promptly compiy with an taws,ord�nances,and rmpuktbns,now or heroaee�In .'; '
<br /> ,' �fNCt, d e11 qowrnmantal aulhalUes appl�able to the use a occupancy of the Property, Inciudlny wlthout Hmitatlon, the AmerfCans With �
<br /> Dh�k'We Aat. Trusta mYy ConteSt In pood leilh�ny suCh law,OrdinanCO,a repulation end withhdd compNanCe durinp any praceecNry,
<br /> � �i IndutYnp eppruprkw�ppoals,so bnp as Trustor has noflfled Lender In writlrp p�ior to doinp ao and so lorp as,In Lsnder's aob opldon, �
<br /> _ i UndM's Intenst�In the Propertyr are not Jeopardized. Lender may requke Trustor to post adequat�sscurfty a�surety bond,reasonaby I
<br /> aatldaciory to Lender,to protect Lendnr's Interest.
<br /> � Dufy b Probct. Trustor�yraas nslfher to ebandon nor leave unaRended the Propaty. Trustor shaN do UI dhK ecb,in adOition to Ihos�acts
<br /> s�t iwth�bow In thb sactfon,whlch hom the character and use of the Property are reasornbly necesssry to probct�nd preserw the Prop�rty.
<br /> Dl�ON 8ALE-CONSENT BY LENDER. Lender may,at ils opllon,declare Imrt�ediatety due tnd p�yQbk 1N sums seCUnd by thfs Deod of Trust
<br /> � upon lM aats a fnr►sfsr.wHhout the Lender's prlor wriHen consent,of ell a anY Dart o(the Real ProoertY,a enY Intsrest In the Fteal Properry. A
<br /> "eaM a Ua�t�meana Iho conwyarww ot Real Propsrty or any rlpht,IIUe or Inferesi Ihoreln;whether bpal.bensffdU a�qWlable;whether vduntary � �
<br /> a Invoiuntnry;whether by outrlpht sale,deed,Instetiment sale conhnct,land contrect,contract tor deed,teasehdd Interest wtth e term preater Ihan
<br />- tlrw(3)years,leass-op9on conlracl,or by sele,ass4pnmonl,or trensfer pf nny beneficlal Interest In or to any land trust hadinp Iilb to the Real '
<br /> Proporty,or by any ofhsr method of conveyance ot Real Properfy Interost. If ony Trustor Is a corporeBen,pdrtnaship or NmHod IIabINry company, ;
<br /> � transQK aiso Includes any Chan{�e In owr►ershlp of more Ihan fwenty-fiv�percent(26%)of the votinp sto�k,partnershlp Intansts at Umll�d IabiNty I
<br />— � cortysany Int�rests,u ths case may be,of Trustor. However,thls opllon shall not be exercised by Lender N such exercise Is prohibtted by(ederal �
<br /> law or by Nsbrr.ska I�w. �
<br /> 1 TA1tE8 AMn LIENS. TM foNOwinp proWSJons relalinp to ihe Inxos and Ilens on Ihe Rroporty ere n part of this Deed of Trusl.
<br /> � Payt�Mt. TrustOr shtN pey when due(and In aN events prior to dellnquOnCy)ell texes.SpeCiai texeg,pSSessment4,Charqe5(InCtudir�q wef�r
<br /> �nd aewar),Anes and Imposltions bvled ayslnst or on aceount of Ihe Property,end shall pay when due eG daims for wak done on a fa ;
<br /> _. � servlces rend6rAd or meterlel furnlshed lo the Property. Trustor shpll malntaln the Properly hge of ali Ilens hevlrp prtOrtty over or equai lo fhe �
<br /> � interest of Lender under this Deed of Trust,excepl(a ihe Ilen of lexes and assossments nol due end except es otherwlse provided In this Dsed �
<br /> , of Trust. �
<br /> � Ai�ft TO Conteit. Trustor may xrilhhdd peyment of eny tex,assessmenl,or clalm In connectlon with�pood fallh dlspute over lhe o�lipalion i
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