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<br /> 03-03-799� DEED O�TRU�T p' Psge 2 E: <. � < <
<br /> � � ��No s�, ccom;R�Qa� 9�►-° 1���6 � � �=
<br /> . � replacemeNS o}.and aU suEsslituUons fa.anY of such DroDe�ty:and togethar with a0 Prooeeds p�du�ng w�haut Gmitatlon atl Ire�aanoe � '� �
<br /> u
<br /> , , pro�and refunds of premiums)irom any sate or other d�p�iUon of the Property. `. '. .
<br /> � : � ProD�7/.'Re�xr�d'FraPertY m88ttS CoQBC6vety the Resl RropertY end tt�e Personei Property. . - .
<br /> • , Reai PraD�ll. The wuQs'4iea1 ProPeM'mean the P���Y.Int��is artd dgMS Qes�ibed above in the ComreYBnce and QranP Sectlon. .
<br /> Ret82�A Oowmenta Ths wnrQs'Retated Oocume�mean and inctude without Gmiffition all promissory notes,ccedit�qreerr�nts,toan • ` '
<br /> � agrgemerds,envtronmert�!agreemerds,9tra�Tfes.seettAry e9reert►e�s.mortga8es.deads af trusf,and aD other instrumecds.a9reaments and `
<br /> � dacuments,wheth�r now or hsreafter e�dsHng,eueeuted in Connet�lan wHh Ute indebtedness. ,
<br /> - ReMe. TRe ward'Rertt�means aU pr�ent 8nd iuture re�s.revenues,income,issues,royal6es,arbfits,end other benefits dertved from the �
<br /> propgAy. f - _ .
<br /> � � j Tniatee. The word'rnstea'means UNtTED NEBHASKA BAMC and any substitute or saccessor fiistees. C ' �
<br /> , � TntsQot. Th8 word°ftustor rneans eny and ell pe�sons and e�ties executing this De80 of Ttust,induding wittwut QmiffiUon e0 Tn�stota named i , _ ,
<br /> ' abova. . _
<br /> . ` . TNi8 O�OF TRUST. INCLUD1Nti 7HE ASSIGNMENT OF RENTS AND THE SECURITY INTSiE3T IM THE RQdlS AND P@iS0l�IAL � � -,�. �---`. .
<br /> PROP82TY.18 GNEN TO SECIJRE (11 PAYN.IBJT OF 7HE IND€BiELHESS AND (?,)PERFOAMf1�10E 0�ANY AND ALL O811tiA?IONS OP �` . -
<br /> . TipUSTOii UimBi TF�HO�.Tf�iiaAT�OOCUR9@iTS�AND THIS OffD OF TRIJST. i9itS DEID OF 7RUST IS GiYEN At�ACCEFTED i - .
<br /> ' ONTl�FOLLOWfRGTERdAS: .
<br /> PAY�IT AND PBiFOA�AliCE. Except as otherw�s provided in this Deed ot Trust,Trustor sheU p8y to Lender e0 amourds sec�ued by tNs Q�d �
<br /> � � of Trust es tAey become du9,and shaU strldly and in a timery menner perform eU ot Tnutors obit�ttons under the Note,this Oeed ot Tnisl,end tha �
<br /> > ' RefBtad Ooavnert�. � ` •
<br /> ,..,._
<br /> • POSSESS[OiV Alm 1AAfNTEdVANCE OF THE PAOPERTY. Tn,star a�ees that Tnuto(s po�on and uss of the Praperty shau ba gavemed by ��`'
<br /> the tollowing pmvi�ons � ;;� �`'•
<br /> .; : Posses9ion tnd lJse. Unb7 the accurtence of an EveM of Oefautl.trustar may (a)remain in possession 8ntl control af the PropeAy. (b)u59, • '•.:`ld`,;::,V�
<br /> • operate ar manage Me ProPertY.and (c)coIlect anY Rsnts from the Properly. ; ;`.='"--
<br /> � Dutyl to Mafitaln.Trustor shall maintetn tAe Properry in tenantabte wnditton and promptty Perform eU repebs,reptacemetsts,and matrdenance I` •�`�"
<br /> � i necessary to pre�smve its value. � . �,�t.:.`
<br /> .. �„}�,-:t,:
<br /> � 1 H�rdous Suhstancea The terms'hamrdous weste'°haiardous substance."QiSDosat"'�e►ease.'and'Threatened refease'as used in tlds � . : •',.':�;?[-
<br /> .. Oeed of Tnist,shaU hav9 the same meanin as set foRh in the Comprehensive EnvimnmenffiI Response,CompensaUon.and Liebifdy Act of . ',. '� .
<br /> � � : ��'�_y�':
<br /> n • - 1980.as amende0.42 U.S.C.Secfion 9601.et seq.('C6tClA�.tAe SupeAund Amandmenb end Rsauthori�tlon Act ot 1988,P�.L Na :T�.:�,�..
<br /> ; ; 99-499('SAHA'�,the Fta�rdaus Materiats Transpor�tion Act,49 US.C.Sectlan 18d1,et seq„the Resouree ConservaUon and Rscovery Ad. #� ��.;
<br /> �4.a� _
<br /> ' . 42 U.S.C.Section 69p1,et seq.,or other appW�able state or Federai taws,rutes.or tegutatlons edopted pursuant to arry W the forego(ng. Th9 �•,�['�,
<br /> _ . "' �� tertns'ha�rdous wast�'and'hararAous substance'shall aCso inctuds,wRhnut Iirt�Uon,petrateum anctpetroteum by-produds or mry(taction ,. �v �� :
<br /> thereof and asdestos. Tnutor represenb and wartants to Lender that (e)Ouring the pedod of Tnistors awnershtp of ffie Property,fhere has , < �
<br /> been no use,generaUon,manu(acture,storage,treatmert,Qlspasal,wlease or threatened retease of arry Aazardous waste or s�stance by arry ��ty5
<br /> . ., � � person on,under,about or irom the ProPeriy: (b)Trustor haa no kaaw18Ege ot,or reasoa to believe that there has 6een.�ceept as prevlou5ry .[,_---_-�;__
<br /> • � 1 dis�lased to antl acknowtedged by LenQer fn wridng. p)any use.ganeration,manufacture.storage.treatment,disposel,re188s9,or threatened = •r.,-,..��±;���:
<br /> � � � retease ot any tia�rdous waste or subsfance an,under,ebout or from the Piroperryl by eny prtor owners or o�upants of ihe Proyerly or(tf)arry , .,.f•�;. ,:,.
<br /> . actuai or threatened IiHgatlan or daims of any kind by any persan�elaUng to such matte�s;and (c)Except ss prevtousry dfsetased to and �,�;,�.�,._
<br /> acknowledged by Lender in writng, (i)neither Tnistor nor arry tenanb contractw,agent or other autho�d user of the Properly sheD use, �_ � t`� .�j�_,
<br /> " � ' generHis,manufaChue.store,d2a�dispose o(,or retease any ha�arQous wastB or substartce on,unQer,ebout a trom th�Property and (I�anyr :� � � �3�' :
<br /> � � such ectivfty shall be canducted in compiiance wtth all appliCah!e federal,sffite,end tocal Iaws,regutaGons and ordinances.inchtding w(thout ` .�""���""�"'s°-
<br /> � �� � IimitaUon ihose Iaws,regutatior�,and ordinances descxibed above. Trustor authorfie9 Lender and its agenfs to enter upan Ms Property t0 �'`°`�"
<br /> .. '� Y4::�.;i<
<br /> � make sucti inspedtans end tests,at T�ustofs expense,as Leader may deem appropriata to detertNne compllance of tha Ptoperty wHA tNs � ? :�:�:.,?;�.
<br /> ' � s�tian of the Deed of Tnisl. My inspections ar tests made by Lender shaU be fa Len�els purposes only and shail not be eons7ued W aeate � c�' ^<:.,�r E`
<br /> •• • any responsib0ityl or IiabiiNy oo the part of LenQer to Trusior or to anyr other person. The representeUorm and waaaatt�contained heretn are .; ;F._��;;i�`
<br /> � � based on Tnistors due diiigenw io imrestigaiing lhe Property for hazardous waste anC hanardous substaaces. Trustor heceby (a)�afeeses and . ���s• `� ::�::�;-
<br /> B
<br /> • ' � watves eny tutiue cla(ms againsl Lender tor indemn(ty ot contributlon in the evev�t Tnutot becomes Iiiab�9 for cteanup or other c�ts under arry •:. :a�:�?��
<br /> � , surfi taws,and (b)egre�to indemnty and hotd harmtess lender againsl any and eD datms,lossss,aabiGUas,damages.Oeneltles,and ` �j� `�'"=�gt�=
<br /> �':---_
<br /> . expenses which Isnder may direcUyr or ind'rcectty sustain or sufter resulUng irom a breach of this secNon ot the Oeed ot Trust or as e �n���
<br /> consequence of any use.generatlon,manulacture,storage,d'4sposal,retease or threatened release aceurting prior to Tnutor's ownershtp or , �-•'" ^,
<br /> �! � �`�s IrAerest tn tha Property,whether or not the sama was or shoutd have been known to Trustor. Th�provisions of this secUon ot tAe Oeed o}Tnist, •�!�:.'�
<br /> ;! � Includfng the abAgaHon to Indemmty,simll survlve the payment of the Indebtedness and the saUsfadion and reconveyance of the llen ot thls - -
<br /> � Oeed of Trust and shall not 6e affected by Lenders acquisitlon of any interesl In tfie Properly,whether Ey loreCiosuro or othe�xrtse. •`r, ;'���`�1:.-;
<br /> � Nutsanee,Wasie. Tnutor sheU not cau5e,conduct or permfl any nulsance nor commit,permN,or suffer any sMpping o1 or waste on ot to the ,
<br /> � ProDerlY or any porfton of the Propedy. Wdhout Umtting ihe generalily of the foregoing,Trustor w10 not remove,or graM to 8rry other parly thB •`
<br /> ' �ighf to remove,any tlmber.minerafs(including oit and gas),soft,gravel ot rock ptaducts wttAOUI the prlor written consertl of L9ndar. , ,:�,�.:
<br /> RemovtU of l�provementa. Trustor s�all not demolish or remove any Improvements fram the Resl PropsRy wtthout tha pAOr written eonsenl . . �
<br /> 01 lender. AS a condulan to the removal of any lmprovemenb,Lender may reqW�Trustor to make artangemenb Satiatactary to Lender to � •
<br /> � , replace such Improvements with tmprovemeMs at at teast equsl vaiue. , •
<br /> Lender'8 Rt�f to Entet. LenQer and its agenb and repre5entaUves may enier upon the Real Properly at eil reasonable Umgs to attend to , '
<br /> � • • Lenders interests and to inspecl the Property(or purposes of Trustor's compliance with the tarms and conditions of this Deed of Tnist. .
<br /> � ! Comptitsnce av�th Qovemmentaf Requlreme�ta Trustor sha11 promptly compty with au faws,ordinances,and cegulaUons,now or hereeftes in " '�'
<br /> • � j eHect.of all governmentel authodUes applicable to the use or occupaacy of the Properly. Trustor may contest tn good taith any such law. _
<br /> ordinance,or regutaUOn and withhotd compiiance during any prooeeding,fnduding approprtate appeais,So Iong as Trustor has noUfted Lender �
<br /> � in wriUng pAOr to doing so end so Iong es,in LsnCers sote opinion,Lender's interesb in the PropeAy are not jaopardlzed. Lender may require • .
<br />� • � i Trusta to past adequate secunty or a surety bond,reasonabry saUSfectory to lender,to protecl Lenders Interest. , '� ,
<br /> :t., � � Outy to Proieet Trosfor agrees neither to abandon nor Ieave un8tten0ed the Property. Trustor shell do ell other acts,in addi2lon to those acb •-
<br /> sst foAh 8bova in this sectlon,which trom the Character and use of the PropeAy are reasonabty necessary to protect and presenre the Property. ��
<br />- ' � ! . . .
<br /> I OUE ON SN.E-CONSENT BY LENDER. Lender may,at�ts op�on,deciare immediatety due and payabie all sums secured by this Deed ot Trust .
<br /> � ! upon the sate or hansfer.wfthouf tAe Lendels pAOr written consent,o}ell or any parl o11he Real Propertyr,or any Interest In the Real Property. A � • •
<br /> • "sate or transier means the conveyance of Real Properly or any rignt,title or interest therein;whether tegai,beneflclal or equltable;whether votuntfuy •
<br /> � or mvoluntary;whetAer by ouMght sale,Qeed,lnstaliment sale contrect.land contracf.conbacf far deed,leasenoid inter�t with a term grester than '
<br /> • � three(3)years,tease�opUOn conUact,or by sate,assignment,or transfer of any benefleial interest in or to any Iand trust hotding GUe to the Real � •
<br /> ;= � PropeAy,or by any olher method of conveyance o}Real Properlyr Interest. If any Trustor is e corporauon,partnerst�ip or IU�ited tf�b111iSF�cOmpanY� '.
<br /> � ' hanster atso Irtc�udes 8ny change in ownership of more than twanty-flve percenl(2596)ot the voting stock,perMership interests Or limi gd 118bllity
<br /> company interests.as 1he case may be,of Trustrn. Nowever,lhls opUon shall not be exerelsed by Lender it such enerdse Is prohibited Oy tedersl
<br /> :, 18w or by Nebraska law. � ,
<br /> ��, • • -. TAXES AWD UENS.The foilowing provisions retaBng to the taxes and Ilens on the PropeAy are a psA o1 this Oeed o1 Trust.
<br /> Payment. Trustor shall pay vihen due(and In ail events pdor to deiinquency)all taxes,speclal taxes,assessments,charg�(mduding water
<br /> - and sewer),Anes and imposi6ons Ievied agalnst or oa account of the Property,and shall pay when due all Ciaims for work done on or tor :
<br /> � servlees rendered Ar material lurnished to the Properry. Trustor shall maintaln the Prope�ly tree ot ail tiens having priodty over or equei to the . •
<br /> . tnterest of Lender under this Deed of Trust,except lot the lien o!taxes and assessments not due and except as othen�vise provided in ihls Oeed �: •
<br /> , o}Trust. f .
<br /> � � Wgtft To Contest. Trustor may withhold paymenl ol any tex,ass95sment,or ctaim in conneciion with e good feith dispute over the oblipaUon
<br />: �;. to pay,so long es Lentlers mterest m Ihe Property is not Jeopetdized. If a tien anses or is filed as e resuit of nonpaymBnL Trustor SheU withle : �
<br /> fiNeen(15)days aHer tho lien arises or.�f a lien is flled.withio fiHeen(15)deys atter Trustor has nodce o11he fiiing,Secure the discharge of the ,
<br /> � hen,or�f requestetl by Lender,deposd with Lender eash or a sufflGent corporals surety bond or other secudty satistactory to LBnAer In an •
<br /> amount suffiC�enl to discharge ihe t�en plus eny costa and altotneys'tees Or oi�er Charges that Couid acCruA es 8 reSUN 018 fareCf65ure ot Sa19 :` '
<br /> under the hen. In any contest.Trustor sha�l detend dsalf end Lender and Shall satisfy any tldveise�uQgment betore entorcemenf agalnst the ! • .
<br /> Property. 7rustor Sh811 neme iender es en addition8l obligBB under any surety bond furniShetl In ihe Contest prOCeBdi�gS. � •
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