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<br /> 03-05-999T DEED O�TRO,J.�T ��r P8g@ Z , •
<br /> Loan No 428664 cco�u���a, 3.�3.�� `
<br /> Notp. The qt�td 'M�tE" me�ts tii6 NOte d82Ed �iEteh 5,tS97,in the princip�f amount of S9,OOO.QO 1►om Trustor 8nd gny
<br /> • cosigners to LenQer,together with all renswBLs,extensions,modficatons,refinanangs,and substitut�ons for the Note. .
<br /> p�noryl propErty. The words Rersonnl RropoAr mean en equipmaM, fixtures, and otner arLGes of personat propeAy now or hereatter
<br /> ownad by Trustor,and now or nsreaftsr attachsd or atfnced to tne Real Properry: together with all axess�ons, parls.and addiaons to.au
<br /> rep{aCemenis of,6nd ell sub55tudon5 for, eny Of SuCh property: and tog9lher w�t�gil proceeds (�nduding wdhout IimitaLCn alt insurance
<br /> procoeds and returtds W prvmiums)hom any se!e or other disposition of tne Property. '
<br /> � Propetly. The word'Prap9�tyr me3ns coitectivery ihe Reai Property and the Personal Properry.
<br /> RWi PromeRy.Ths words 4iea1 PrapectY'mean tRe property,interesl5 and Agnis des�xibod above in the'Conveyance antl GranY secUOn.
<br /> REfatld DoCUmEat9. Tho vrords'Raiated Documen�,'mean and inctudo without timitstion aD promissory not95, Credit agresments, loan
<br /> a�aarnants,er►Y,rar�m�nts�i��Snts,qusrantlss,s�miiy agreements,mortqeges,dee�s of trust.and all other InsUuments.egreaments and _
<br /> documents,whothe►now or hereafter mdsGnp,executed in connection with the Indebtedness. .
<br /> Rents. The wprd'R9nffi'meaas ad present and future rents,revenues,income,issues,royalties,profits,and other benefits derived from ihe �
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<br /> � Ttustee.The word'Tnatee'means UNRED NEBRASKA BAfVK and any substitute or suoeessor trusteas.
<br /> TNStar. The word'irustor msans any and atl persons and enti6es executing this Deed of Trus�.induding without limitation all Trustars named
<br /> Bb011e. � . . '
<br /> � TH1S CEED OF TRiJST, INCLl1DllVG THE ASSIGNBAEHT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AlID FERSONAL ` . . .
<br /> � PR�TY,IS GIYEN TO SECURE (1)PAYIYIEHT OF TF�INDEBTEDNESS AHD (2)PERFORMANCE OF l�Nlf AND ALL OBUGATIOHS OF
<br /> TRiJ$TOFt tlWaEA TNE NOTE,41�REUITED DOWMEN?S.ANO THIS�EEa OF 7RUST. THt5 DEED OF TRUST IS GIVEH AND ACCE�TED " .
<br /> QTJ TFE F0LL01NING TERLIS: . -
<br /> pAyMENT AND PEAFORIIAAItCE. Except ss otherwise provlded in ihts Oeed of Trust,Trustor shaU pay to Lendar a0 amcunts secured by this Deed , • � _ ..
<br /> of Tn�st as thay become due,and ShaO strtctly and in a timety manner peAOrtn aU of Tn�stars ebligations under the Note,this Deed of Tn�st,and the . . . ��,
<br /> R91at8d OoCUmerds. - .
<br /> - POSSE38fON AND IAAOI�ITEHAHCE OF TtlE PROPERTY. Trustorayrees that Trustors possession and usa c¢'�e Property shal!6e Qovemed by , " .
<br /> the foQawinp Pro�isions: . , .
<br /> ppsaps�ion artd Use. Un6'i the occurrenee Ot en Event of Default,Trustor may (8)remeia in possession and wntroi of the Property. (b)use, . ��
<br /> , operate or manage the PropeAy,and (c)coliect any Rents trom the Property. i , �=_
<br /> �; Duty to M�tntdn. Trustor shall maintain the Ptoperty in tenantable condition and promptty peAorm all repairs,repiacements,and maintenance .. •
<br /> , 1 n�ary to Preserve ita value. > � �
<br /> � ; 1{wrqpus gt�tar�a8. The tem�s'ha�t0ous waste;'ha�rdous substance;'dispasa�:Yelease;and Zhreatened retease:es used in ihis �
<br /> i Deed ot Tfust,ShaU have the same meantngs as set forfh in the Comprehensive Environmental Respoc�se.Compensation,and Liabi�ity Act of .f�*_=s`��j '
<br /> 1980,es art�ended.42 l!S_C.SeCtlon 9601.et seq.('CERCLA�.1Be SuperfunA Amendments and ResutROrfiaUOn ACt Of 1988. Pu4.L.No. � �'���1' `? =
<br /> � j 99-499('5ARA�,the Fta�r�ous Mater(als Transportation Act,49 U.S.C.Sec6on 1801,et seq..the Rssouroe Conservation and Recovery Ac1, • : �
<br /> 42 US.C.Secdon 690t,et seq.,or other appiicable state or Federal laws,rutes,or regu'a:�o�s adopted pursuant to any of the foregoing. The � , .�,
<br /> ��rdous wasta�n d'h a�r d o u s substance"shall eJSO include,without Gmiiation,peboteum and petroteum by-products or any hectian • ��� _
<br /> fhereat 8nd asbestos. Tn�sior represerds and werrants to Lender that: (a)Owing tfie period of Trustors awrsership cf the Property,inere has —
<br /> baen no use,qeneraUon,manutadure,s'r.rage,treatment,disposal,retease or threatened retease of any ha�rdous w�aste or subsffirae by 8ny �
<br /> per5an on,under,ebout ot kom tha Proy-zrty: (b?Tnutor has no knowledge of,or reason to believe that there has Oeen,eu�pt es areviousty • .;;.,, ;
<br /> �ciosed to and adcnmxledged by Lender in writlng, p�any use,generation,mAnufacture,storage,treatment,disposa4�etease,or threatened r;• •
<br /> reieas0 of arry ha�rdaus waste or substance on,under,about or from tha Property by any pnor ownars or occuDants ot tha Rroperly or (ii)any ' .": ,�1
<br /> . aetuel or threatened Gfiyation or daims of any kfnd by asry person reiating to such matt2�s;and (c)Except as praviausty cGSdosed to and t��
<br /> tt2 s;
<br /> flcknowl8dged by Lender in wrtdng, Q)neithar Trustor nor any tenant,conUactor,age�t or other authori�d user of the PropeAy shali use, :.,�`A.�
<br /> penerate,manuiacture,store,treal,dispose o},or relgese any hazardous waste or substance on,under,about or hom 1he Properly and (iiy eny t {� _
<br /> sueh aetivrry shail be conducted in co�pGance wiit�aQ appiicable federal,state,and ioeal Iaws,rapuiatons and ordinancas,inciudinp withoul . ,,�t
<br /> Omitaflon tnose lews,repulatlons,and ordlnartoas desaibed above. Trustor autharizes I.ender and its agents to enter upon Ihe Properly to � ' �"'�
<br /> meke SuCb InspacHons flnd tests,at Trustor's e�ense,as Lender may deem appropd8te to determine compliance of the Property with this � `. �;;:;t��
<br /> Sedton Of the Deed o4 Tn�st Arry inspecttons or tesls m8de by Lender shall6e for Lender'S purposes onty and shatl not be construed to create . ,, .:..�i
<br /> uty rospor►sibiqly or BabiHiy on the peA ot LendOr to Trustor or to any other person. Tha repressntations and wartanties contalned herein are
<br /> . hased on Trustors due d.Byence in InvesUpaUnq the Properly fa hazardous waste 8nd hazardous substances. Trustor hereby (a)retesses and � ��� '
<br /> waiues any future ctalms a�alnst Lender for indemni3yr a contnbution in ihe event Trustor becomes Ilah!o for cteanup or othet costs under any
<br /> Ssxh tsvrs,8n� (b)agre�s fo indemnify end hdd hertn'sss Lender against eny anE all daims,loss�.IiabilNes, damS9�Oenaldes. and .. ��_
<br /> experts�which Lender may direcUy a indireCtly suslain or suffer resWUng from a breach of th�s s2c5on of the Deed of Trust or tts a � • ���-; � .
<br /> - consequence of any use,qeneration,manufacture,storage, daposal.refease or threatertad reiease occurrfnp Ddor to Trustors ownership or �"' �
<br /> intetast in tiw Roperly,xr^.alher or not the Same was or shoutd have been known to Trustar. The proWslons of Ihfs section ot the Deed of Trust, • �a�
<br /> InCtuQirtp ihe obYg9ti0n ts mdemnfty,shafl SunAve the psyment o}the Indebtedness anm the saUSfacUon and reconveyance of the Ilen of this ' 'OS'�-�•
<br /> peed of Trust and shail r.�i be aftected by Lende�s acqtrisition oi any interest in the PropeM,whather by toreclosure or otherwlse. � `��'T`
<br /> Nulsirlee,Wa�tm. Tntstor shell not caus9.conduCt or permit any nulsance nor commil,permit,or suffar any stripping ot or w65te on or to the . �,, '��
<br /> Property a any portson of the Property. w�Ahaut IImiling the generalAy vt the foregv�ng,TruSiin wiii not irT�ove,of grant t0 eny Othm'yd�ty ihe , '"`I�!�'' _
<br /> ( rtght to remove,any Umbe►,minerats(inctudinp al and ges),soa,gravel or roek products withoul ihe prior wntten consent of Londer. • _
<br /> Rcmpvsl of Improva»+tr.^,.s. Trustor shall not demolish¢r remove any Improvements from the Real PropeAy without the prior written consent ��
<br /> � of Lendar. As a conG.�a�to ihe removal oi any Improvaments, Lender may require Trustor to make artangements satistactay to Lender to
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<br /> reptace such Improveme+ts with Improvemeats ot at teast equal vatue.
<br /> LirtQiPi iil�tt to Eftter. LendBt end Ib agents and represenffitives may enter upon the Rea1 Proper.y at a!I reasoaebie times to attend to � . '
<br /> Lgndirg intero5b and to inspect the PrOpeAy+Tor purposes of Trustar's compflance with Ihe terms and co�dNOns ol t�is Oeed of Trust. -
<br /> CqnpWnc�w11A Govemmental R¢quUemanta T�ustor shao Dromptly compty wfth all Iaws,ordinances,and roputaUons,now or hereafter In _
<br /> effed.of M govemmentel authodtles epp�k�bte to the use a occupancy of the Proa�rly.includi�g withoul limitallon, the Americans Nlrth
<br /> DlsabIDtles Act. Tn�ta rtfay contest in qood faith any�atch law,ordinance,or reg��aUan and withhotd compliance during any proceeding, ' .
<br /> InC(udlnp appropr�ate cppeals,so Nny es Trusta has nobfled Lender in writlng prior to doing so and so long as.tn Lende�s sotA opinion, � .
<br /> Lenders interesis in the Property ere not Jeapardized. Lender may require Trustor to post adequate securiry or 8 surety bond,reasonabty � .
<br /> 5affi}aCtory to Lender,to protect Lender's interest.
<br /> Di1ty t0 ProteCt. Tnlstor aprees neliher ta abendon nor leave unattended tha Propehy. Trustor she11 do a1i other acb,ln addltion to those acts .
<br /> sst forth above in tNs se�on,whkh hom the character and use o!the Properly are reaso:abry necessary to protect and preservn the PropeAy. . . .
<br /> 0!E ON SAIE—�AHS�JT��f LENDER. Lendar may,at Cs option,deClare immediatety Oua and payeble ail sums socurod by thb Deed of Trust �
<br /> �� upon the sate a ttans(or,vuRhoui the Lendefs prior vrtitton eonsenl,of flil or any peR o?the R88I P►operty,or 8ny i�tetest in the Reel PtopOrty. A . .
<br /> ^Sale or transter'means the conveyance ot Real Property or any righl,titie or mteresl thereln;whether legal.ber.eflciat or equHable:wAOther voluntary r-
<br /> .' W inv0luntery:whether by outriyfit sale,dee0,m5tailment sale contract.Iart�contracl,confract for deed,leesenold interest w�th a lerm greeter Ihan •
<br /> three(3)years,lease-oAflon eontrnCb or by Sa:s,essignment, or transfar ot any benefitia���teresf in or to a�y rand trust hotding 6tle to the Real ;
<br /> Property,or by any other method of conveyance of Real Proaerty interest. If any Trustor 4 a corporation,partnershlp or Iimrted hebility company, '
<br /> transfe�tlso Inetudes any chango in ownersnip ot more tran taent�r-fiva percent(25%)o}�'=3 voting stodc.Oartnership mterests w limded liabi6ry __
<br /> company interests,as the case mey be,of Trustor. Howeva,this opflon shall not be exe�csed by Lender it guch exerciss Is prohi6ited by tederal -
<br /> taw a by Nebraske lew. � _
<br /> • TA�S AND LIENS.The fdtowing proNSfons retating to t�e taxes and tiens on the Property are a part af th�s Oead of Trust.
<br /> paynMnt Tnista sha0 pay wtren due(and in au events prior to delinquency)all taxes. spedal taxes,assessments,charges(inGuding water �
<br /> �! and Sewer),flnes and Impositions Ievled against or on account ot the Property.and shall pay when due all clafms for work done on or for �
<br /> SeMCES rendered or matortel furnished to tlra Property. Trustor shall maintain the ProDe�Y h�of aIl liens ha�ng prionty over or equal to the
<br /> Interest of Lsnder under this Desd ot Trust,except for the lien ol taxes and assessmenls not due and except as otharwise provlded m t��s Deed
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<br /> � � Rl�t To Cantest. Trustor may vnthhold paymant of any tax,assessment,or claim m connect�on with a good faith dispute ove�t�9 obligation
<br /> • t0 pE1y,s0 Iong oS Lendefs��terest m tne Propc;rty iS not�eopardued. �t a iien arrses w �s fiied as a�esuil ui nunybymenl,Tiusiui s�i�if wdt�m _
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