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<br /> -�- s � D� OF'PRIiST Page 2 ` ;` °���.. �`.0 .
<br /> _ .`. : 03�1Q�-1998 Cotrtinue�j 9�'� ��J�� .<"•'�,
<br /> `, �oan Ido 6736T3 � `K •
<br /> , proceeds end refttnds ot premlums)irom 8rry s8te or other dEsp�iHon of Ute ProDeRfl• � ; : '
<br /> ` ��ff•The ward�Ptaperty'm�ans coQC�cHveh►the Rea1 FtoA�Y end 1he Petsar+af P�pertY• . .. . _::�,.s:';. -
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<br /> ' . . :�>• Reaf RroAeQtY- The wards'Real ProPedY meae tPte praReAY.i�e�s attd rtgt�Qe^�athed eDova In the'ComreYanee and GrartY see6an �
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<br /> �. ~ ReiGie9 Qocamenta The worda'Retated Oocume�mean and IrtduQe wifhout Qmita9an a0 PromLssary notes.ered�t eSreeme�.toan �
<br /> a�eemerds.ertvtronmer�l agresments,gua�a�dles.seewft�t a�eert�er►�.R►a1Sa9es.Qeeds of trust.and e0 otAer instrume�,eg�re0me�and , ° .°.
<br /> � >. ; doeume�s.whether now or hereaRar e�dsUn9.executed in cannecllon w8h the Indebtedness. . , .'.�.. `�
<br /> . Rente. The ward�ter�'means eU OreSSrA and future rerds,re+renues.income.issuas.royaltles.Profits.and other bensfits derived from th� `�ti, .•� ; �.;,
<br /> .. . . ,� PrcpertY• ' ' •
<br /> ' _ � Ttuslee.The wotd'fn�.Stee'mea�UNITW N�RASKA BRNK end arry S�sUtute or suaessor tre�5tees. .
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<br /> ,�r-�-,`"_r`'_; rtt�stpl. Tt�e yyord�frustoP means any and a0 persons and entities e�cecuSng this Oeed ot Tnisf,induding witAOUt Qmila6on aU Tnutois named _
<br /> . ' � � BbOY@. <��r ���. .
<br /> , - , . ,. ..�� THIS OE� OF 7AUST.ItriCLUBiHG YME ASSKi1VH18JT OF REHT8 dWD 7HE SEWRIT1f IfiiHiE.ST tN TFiE REfJTS AHD PSiSOHAL
<br /> . _ .'� PROPERTY.tS GIYQ1 TO SEIXiRE Zt)PAY�HS�IT QF iHE 1t10FSTm41ESS AtiID (3)PEREOAMAHCE OF AHY AND ALL O�ItiAT[OH$OF ..
<br /> TRUSTOR llAIDSi TME NDTE,THE R9.A7ID OCpJMBiT�.AND TtQS�fED OF TRUSY. TNIS O�OF TFt1iSY IS QIVE?�Atm QCC�'f� •� , .: : `„ ..
<br /> - �f ON Ti�FQL-CW(PIG ZEHMS: . : ' ,
<br /> PAYHF�IT AND P��A67AtiCE. ExcePt es othenxtsa provtded in thEs Deed of T�Tivstor shaD Dsfl to Lender eD amou�s sec�ued bY ttils�eed ,. .�y:..:` '�
<br /> ' . of Tnst as theY 6ecome due,and sfia0 sMcCy►and in a time►y mann�pertorm eA of Trustuts cb�gatlarr�under the Note.tNs Deed ot Tmst.and 1he . : s•..:
<br /> � Retated Documents. ,. ..
<br /> ' , . PdSSESStON AND RIAINTEHANCE OF TH�PAOPEHTY.Tnutor a�ees ihat Ttusto�s p�on and use af the ProDerlY sha0 be govemed by . `��.��,,:,.�:��
<br /> . , � the fo�owing provision� �:
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<br /> � � � Possesslon anA Use. Unhl the,;.,�.urtence o!an Evem of Oetauit.Tnutor may (a)remaln in possession and controf of the ProAeAY. (b)use. � ' ;; ;.�,:��-:-`
<br /> : • oPerate m mana98 the PropeAl►.end (c)coUed anll Re�s trom the Ptoperly. . � _`.
<br /> - Outy to Maintaln.Trustor sha11 mainta►n the Property in tenanta6le condHon and promAtry pertorm eU repafrs.reDtacements,and meirdenanoe • � .' —
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<br /> : necessary to ptesenre its valua. ��''=`
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<br /> : ; : K�rdous Snbstances. The tem�s'Aa�ardous wasta'°ha�ardous s�stenee.'disPasal'`Yeleasa'and°ihreatened retease,'as used fn Ws ',,>.¢.,-_...'
<br /> . = Oeed ot Tttut.sha8�ave ihe same rneanings as set fath(n the Comprehenslve Envtronmerdal R2sponse.Comp�nsetton,and Uabifity Act of �,��•�a,�.;�--
<br /> - . .. t980.as amended.42 U.S.C.SecSOn 5601.et seq.(`C6iG.A'�.1he S�etfund Amendments arsd Resuthm(�fion Act af 1986.Pub.L.Na : � "'': 'i<.�—�:
<br /> � gg_q9g�qpA',tt�Harardous Matedets T►ansporfahon Act,49 U.S.C.SecEon t801.et seq.,tf+e Rasourw Censervation and Rerovery ACf. 5 ..� rT�
<br /> , 42 US.C.SecGort 6901,et seq.,or other appiicabla slate or Federa�►aws.nd�.or regWatlons adopted pursuant to eny of fhe foregoing. The ' • 4��
<br />�. � terms"ha�rdous wasts"a�°hamrdous substance•stiall aiso inGude.wRhaui Gmitatlon.Petroteum and Detroteum hy-produds or amr VacIIon . �,9-=.:.
<br /> ' (��� thereof and as6estas. Tnutor represeMS and warranls to tsnder that (a)Owin9 the period o}Tru,tofs awnersh►p ot fhe ProPedY.there fias ,.�•..,_.,��
<br /> • been no use.8eneraUon.masufacture�store88.treatment,�sposal.retease or threatened�etease of arry hazardous weste ot substanca bY�Y .. t, �;�'-�`
<br /> .. ° - person an.under,about a trom the ProOe►M. (b)Tnistor fiaa no know(edge of,or reason to believe that there has beee.mccePt as prevlo�lS► ,.::,,`�::;�,.��"':Y;
<br /> . ' dlsdosed to and acknowtedged by Lende�in vrtitlrtg, (�aeyl use,generaUon,menufacture.storege,treatmenl,di5posel.relea59.or tln'ee�ned • -
<br /> � retease ot any hazardous waste or substanee on,under,about or from the Praperty by arry prior ovmers rn ocarpanb of the PiropeAy or (ii)arry : • .�..���.
<br /> � aCtu21 or threatened fitigaUOn or daims of Sny ktnd by any person reiating to such matteTS:and (C)ExceDl es Orevtousty d(sclosed to and • �.�.g-
<br />- • ack�owtedged by Lender 1n wribng, (�)neither Tnutor nor eny tenant,wntrador,agent ar Other euthorized user of tAe RropaAy st�aU use. . ...:
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<br />- generate,manutacture,store,trea�dispose ot,or release sey ha�rdous waste or s�stance an,unQer,ebout or trom the Properly and (�ar►y I• '�"•�
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<br /> � such activvfry sha0 be Ccnduded in compliance with a�l app�cabte federal,state,and laCe!Iaws,rogulati0ns and ordinances,Inciu�rtg wftAOUt ':, �:�_
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<br /> ' Gmitatlan those laws,regNations,and ordinanoes desaibed ebova Tnutor autharlaas Lende►and(b agents to eMer upan the Ptapetry to .
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<br /> make suCh inspeottons flnd tests,at Tnutor's expense.as Lende►may Qeem appropriate to determine Comptiance ot the Properly with thts , . �;�V��';�
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<br /> � sectlon ot the Oeed of Trusf. Any InspecUons or t�ffi made by LenQer shalt be tor Lenders purposes onry and sha0 not be cons�tru90 to aeat9 .. �,�_.
<br /> any responsibiGty or liabitiry on the paA of Lender to Trustor or to any other person. 'Ctw represenffiBons and wartanUss confalned herein ere �• :�.•
<br /> . � based an Trustors due diligence In invastigaUng the PropeAy foc haiBrGOUS waste and ha=arQous subsTances.Trustor her8by(a)reisas6s end .r ���"�
<br /> � � �- � � -- �� watves en y future tlalms against LenQer tor indsmnity or aonbibution in tt►0 event Ttustcr becomes�tabta tat cteanup ar oihet tasb under eny �:. �:.�
<br /> such taws,end (b)agrees to indamniy and hotd hermtess Lender agat�t any and a0 clalms.lossss. O a b f l l Ues.Q a r n a ges,p e n a f U B S.9�M ;,9.h=-•-
<br /> expenses which LenQer may directty or indirecttyy sustatn ar sufter resNling from a breaoA ot Ihts secUan of the Ceed of Tnisf a es e � i';'�r�;-_
<br /> eonsequence of any t�e,generatlon,manufacture.storage,disposel,retease or threatenea retease aawrdng pdor to Trustofe owaersNp or ..,. ._ .. ._,
<br /> interest In thg Property.wftelher or not th0 same was or should�8ve been known to Tntstor. The provtslons o1 this secNOn o1 th9 Dead at TtuSf. � '�'=_.
<br /> .' � � InctuQing the obOgaHon to in�emnity,sAall SuMve the paymeM Of lhe tndebtednes�a�d the satisiacfion Bnd teconveyanCS of th0 Q9n of thb , �'�' '
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<br /> Oeed ol Tcust artd shail nol be aNected by LenQePs acquis(UOn o!any intarest in tne Property,whother by(orectosure or otherwise. � '�=
<br /> • Nulsanee.Waste. Trustor shall not cause,conQucl or permif any nuisance nor commif,permiq or sufter any sMpO�ng o!or waste on or to ttre ' _��
<br /> � Property or eny poNOn of the Property. Without IimNng the generaiity of the loregoing,Trustor wi0 rtot remove,or graM to any other party the . �g.:
<br /> �' � dght to remove,any timber,miner9is(nciuding oit an0 8as),soil,gravel ar rack products w(thoul the pAOr wdttan consent of LenQer. : .�Ti.'�=_'
<br /> ' � ' wlthoN lhe pdor wrilten conseM ��`--
<br /> . . � ;�.. Removal ot Improvements. Trustor shall not demo6sh or remove any Improvements 1rom the Real i�operty •
<br /> ' of Lender. As e condiUan to the removal ot any Improvaments,Lender may require Trustor to maice arrangemerds sefistactory to Lender to . _ _
<br /> � � . � �� reptace suel�Improvemanls wlth ImprovemenRs of at teast equat vatue. � ' � - ...
<br />- • I.enCePa Rt�t to Enter. LenQer and ib agents and representatives may enter upon tAe Reel Roperty af a11 reasonabte Umes to attenA to : � ,.
<br /> . . Lendefs interesis and to Inspect lhe�roperty fa purpose.a ol Trustors compUance witA ihe terms and conditions of ihis Deed of Tnut. • . � : __
<br /> .. ' � • Compilanee witb Qovemmental Requirementa Trustor shatl prompUy compry with ail laws,ordinances.and regutations,now or hereaftei in :, �, ;.
<br /> � ' effect,01 all SovOrnmental authodtles epplicable to the use or occupancy of the Property. Trustor may contes!In good feith eny sueb Iaw.
<br /> ' ' ' ordinance,a regutaUan and withhotd compiiance during any proceeding,including appropdate appeals,so tong as trustor has notifled Lender - �
<br /> • � In wrl6ng pdor to doing so and so long as,in Lenders sale optnion,LenOePs interests In the PropeRy are rtot�eoparCized. Lender may require � �
<br /> � Trusbr to post�dequate secudty or a sutety bond.reasonably satisfactory to LenQer,to protecl Lender's Interest. .. :
<br /> Outy to Protect.Trustor agrees netther to abandan nor teave unaltenQed the Property. Trustor shatl do all othet act�,in 8ddi0on to thase acts . •
<br /> set forth above in 1hi5 section,which hom the character and use of ihe Property ere reasonabry neeessary to protect and preserve the PropeAy. � � '. •
<br /> ' � OUE ON SALE-CONSENT BY LENOER. tender may,al its opilon,dectare immed�atery due and payable a��sums secured by thb Oeed of Trust '..
<br /> upon the sate or translar.wtfhoul the Lenders prlor wririen eonsen�01 ell or any part ol the Real PiropeAY,or any Interest In the R881 Properfy.�A
<br /> � "saie or tra�sie�means the conveyanee of Real PropeRy or any right.6ue or Interest thereln;whether Iega1,beneflNal or epuitabie;whethe►votuntary . ,.
<br /> or�nvofuntary;whethar by outright sale,Ceetl.insteltment sate contracl,land CanVact,contract far deed,leasehotd interest wltA e term greater than
<br /> � three(3)ysars,tease-option eanUael,m by sate,esstgnment,or transter of ar►y beneticla�Interest In or to any land trust holding UUe to the Real .: � • �
<br /> � Property,or by eny other method o1 eonveyrance o1 Real PropeAy interest. if any Ttustor is e co�poraUOn,paRnershlp or Iimited Ii�tbillry company,
<br /> transfar atso inctudes any CAenga in ownership af more than hvenly-Hve percenl(2596)of the voung stock,partneiship inlerests or Omited Oabfli{y •
<br /> company interests,as the case may be,of Trustor. However.this opdon shall not be exerelsed by LenQer it suCh exerCise is prohibited Dy tederel �
<br /> . � law ot by Ne6raska law.
<br /> � TA)fES AND UENS.The foltowing prowslons reladng to tAe taxe9 and lien9 an the Property ere a patt of this Oeed of TrusL . • _
<br /> ' '� Paym2nt. Trustor sAall pay wnen due(and in ail events pAOr to delinquency)all texes,speclal texe3,assessments,eharges(Induding water ,
<br /> and sewer),fines end imposltlons levled egainst or on aceount Of the Properry,and Shall pay when due NI clalms for woAc done on o�fo►
<br /> � ysrvice9 rendered or matedal turn�shed to the P�operry. Trustor shsll malntaln the Property hee of ell lienS heving pdority over ot equal t0 the
<br /> � interest ot lender unQei this Oeed o1 Trus1,exoept for ihe lien O1 texes and assessme�ts rn�t dua and except as othervuise provlded In this 088d
<br /> i. of trust. .
<br /> Right To Contest. Trustor may withhold payment of any tex,a55essmenl,or claim in Connectlon with a good faith dispute over the obligSUOn
<br /> to pay,so tong es Lenders interest in the Property I9 not jeopard2ed. N a tien erises or Is filed as a result af nonpayment,Trustor shall within �
<br /> fiHeen(15)days after the Iien adses or,il a Ilen Is filed,withln fifteen(15)days aiter Trustor has noUCe of the fiiing,secure tha discharge ol the
<br /> - � � lien,or H requested by Lender,Oeposit vrilh Le�der cash or a suHtcleM corporate surety Eond o►other securityr sadsf3ctory to Lender in a» i •�
<br /> • amount sufficlenl lo ducherge the tien plus ar.y costs and altorneys'lees or Other charges thaf eoWd accrue as a resuit of a toreciosure or sate i •
<br /> ' under the lien. In any contest,Trustor shall defend itself and Lender and shatl saUsfy any advarse Judgmem before enforcement agalnst the �
<br /> • Property. Trustor shall name lenQer as an BQdittonel obligee u^Cer eny�urety bond turnisheC�n�he contest proceedings. � � ..
<br /> � Evidence of Payment. Trostor shall upon demand furNSh to Lender satisfaCtory evidenCe ot payment o!the taxes or assessments and shall !
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