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<br /> , 0:�-09 198� Q{E�D OF TRUST L�'������i� Page 2 � . . , �,'
<br /> � i.uan�o @�is� (Con!l�se�) . ', - -.. -
<br /> L�tFdef.T4ro w�rd�ender'mean�UNtTED IQEBRASKA BANK.ils successors and essipns. . • '
<br />. � Not�, ita yrorp'Note°meana Ute Note ddttd Mateh T,197l,tn the principal emount of 5241,309.�8 trom Trustor to�endar. t '
<br /> togathcr with all renewals.e�donsior�,mod�P�catfora.rtaflnandngs,and substitutlons tcx the Note. The maturtly date of this Oeed ot Tnist�S j
<br /> � lAatC?i 9,2�06. �
<br /> pH�xal Prppa�ty. Th9 wot�i�etsonal Propart�'mean efl BQWpment,ItxQure3,and other ertldes o�persOne!proAertY�ow or hereaRer �
<br /> owned by Tnutor,tnd now or hereater attachad or atfixed to the Real Rropsrty;together with aU accessions, parts.and additlons to,ait • . ,
<br /> rep!ae9rttenb af, nnA e1!substitutl4�for,eny ot sucA praperty; and together witA all proceeds (nduding wtthout GmitaUOn 811 fnsuranCe -
<br /> � proo�eds and refunds of premfums)from any sate or other disposiUon ot tha Properiy
<br /> Rtoperty. The word'Pr�pBrtyr means Co�iee6veJy Ihe Real Property 8nd th9 Personal Properry. : '
<br /> 1 RCd PtopeRy. ThB words'Reat PropettfP mesn ihe property.interes�and dghts dsSCrfDed above�n the'COnvByanCe and Grant"sec5on. .
<br /> ' Refa2aQ QpWments. The words'Rolated DoCUments'mean and indude withoul Iimitatian all promissory notes,credit agreemeMS. �oan '
<br /> � apt�n�ertts,¢mAtonmertffiI aqreements,pueranties.secunty agreoments,mo�tgages,d8eds of trust,antl all other instruments,agreaments artd
<br /> dxumer�ts„wheU►et naw or hereafter e�dsHng,executsd In connection with ihe Indebtadnsss.
<br /> � Rtnts. The ward'Renis'means ell present&nd future rents,revenues,incoms,issues,royai�es,profits,and other benefits derived hom the ' . .
<br /> rroyenY• � � .
<br /> TtustE0. Th9 ward Trtistee'means UNffED NEBRASKA BANK and any substitute w successor Wstees. �
<br /> T�oi. Th9 wotd'Trustor means any and eU peisans and entitles executing tAis Dead ot Trust,inGuding witAout timit8tion ait Trustors named . -
<br /> ebOVe. �
<br /> TFiiS 0� OF TAUST. IPICLYlD1Nti �ASSIGI�lMEliT OF RENTS AND 1'ME SECURITY IIYTEREST IN 1F� AEfiTS APJD PERSOFaAL ' . ..
<br /> PitOPERTY,!S GIVEM TO SECUAE (1)PAYMENT OF THE IMDEBTEOAESS AHD (2)PERFORIIlANCE OF/WY AND ALL 08LtCiAYfOlJS OF •. ,. .
<br /> TpUSTpq 1�lpEit T!�Ir{OTE,ThtE RSATED OOCUMENTS,AND THIS DEED OF TRUST. THIS DEED OF T6tUST IS GIdEN AND ACCEf'TED 1 �, . .
<br /> Oi�l TFE FOiLOWtNG 1FRIYfS: • -
<br /> PNYINENT Al1D P�iFORMAtii:E. Except as otherwisa provided in thls Oeed ot Trust,Tnistor shail pay to Lender a0 amounts secured by this Deed
<br /> ! oi TnBt as ihey become due,and shall stricGy and in a Umery manner pertorm ell ot Trustors a61iga6ons undar tha Note,this Desd ot Trust,and tt�e , ' '
<br /> � Relatad DoCUments. � . "
<br /> . � POSSESSION AHD AIAlHI'EPJAttCE OF 4HE PAOPERTY_ Trustor agrees that Trustor's possesston and use of the Property shall be govemed by `� ;, : ,�.
<br /> � the foAawtay provlstort� ` - �
<br /> RosseBSlan�d t1se. Until fhs occurrenoe of an Evant of De(ault,Tnistor may (a)remain in possession end control of!he Property. (b)use, 'F—
<br /> ; operape or manaQe the PropeAy.and (c)Co�ect any Rents irom the Property. ' . �� . :i? _
<br /> Quty/t0�1n. Trustot shall matotaln the PropaRy in tenantable condition and promptly perform eU repairs.replaceme�ls.and maintenance � , ��,--;,��, �
<br /> �� r�eoessery to aressrve:�va�ue. � :.:R�',-��`1: _
<br /> Fit�rQptds gubstarwr�. The tertns"hazardous waste;'hazardous substance:'disposal;Retease,'and'threates�ed release;ss us9d in tAis ' ' . ,
<br /> Ooed of Trust,shaU hava the sane meaning5 as sel torth in t�e Comprehenslve Environmental Response.Compensation,and Liabiliry Act of . . � � :'�` -
<br /> 1980,as amended,42 U.S.C.Section 9601,et seq.("CERCLA'.the Superfund Amendments and Resuthorfmtlon Ad of 1986, Pub.L.No. . . ; q� -
<br /> g9-.499('SAFlA',the Ha�rdous Maieifaa�Transporfation Act,49 U.S•G Section t801,et seq.,the Resource Conservation and ReCOVery Acl, ` � : , -
<br /> 42 U.S.C.SecUOn 6901,et seq.,or other applicehle state or Federallews.rules,or regulations adopted putsuant to any of the foregoing. The � . •, ' ;4'; .
<br /> � tem�s?ia�rdous wasta'and'hazardous substanoe"shall elso indude,withaut limitation,peholaum and petrofeum by-Droducts or any(racUOn j it��,:.:- ;�
<br /> � i h e r e o(a n d a s b e s t o s. T n i s t o r re p r e s e n t s a n d w a r r ants t o Lender that: (a)Du�n g the period o}Trustor's ownership af tT�a PropeAy,there has ' ,,,._. �
<br /> been no u5e,peneration,manu(itCitue,StotBge,treatment,disposal.releese or threatened releasa of eny he7ardous was'a or substanCe by any . ± r;��;�i
<br /> person on,under.t+bout or hom ihe PropeRy: (b)Trustor has no knowtedpe of,or reason to believe ihat t�ere has been,except as previousty ' ' .• �
<br /> i �sdosed to artd aCknowtedped by Lendet in wrttlng, (�any use,generation,manufachue.storage,trealment,dfsposal.release.or threatened . ' '
<br /> ' relea58 of eny hasardous weste or substance on,under,about or irom the Property by any pdor ownars w oeeupants ot the Properry or (ii)any '��;°� _
<br /> ` aCtual or threatened Gtipatlon or Claims of arry kind by any person retaUnB to such matters;and (c)Except as previousty diydosed to and ' '� �^!.
<br /> ` ' aCknowiedped by Lender in wddnp, p)neither Trustor nor any tenant,contractor,agent or other sutharized user ot the Property sheli use, ��.�� � �'•"
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<br /> i penerate.manutacture,siore,treat,dLspose of,or rele&se any hazardous waste or suDstance on,ander,about or from the Property and (i)any , �'��
<br /> such BcUvity shell be canducted tn compliance wllh all applicabte federal,stata,and tocal laws,regulatlons and ordinances,inciudinp without
<br /> ' GrNtaUon tl�ose laws,regutaUons,and ordnances doscribed above. 7rustar authorizes Lendar and its agents to enter upon the Property to • ' ��"
<br /> mako such inspecflons and tests,at Trustor's e�ense,as Lendar may deam eppropriats b determine compliance oi the Ptoperly with tNs ���•_�'_; -
<br /> , sactlon of the Daed ot Tnist. Any��sDacSans or tests made by Leoder shall be for Lender's purposes onry a�d shail not be construed to aeate � �;�';S�:�....
<br /> any wspons(bifity a 11abU�ty on fhe part of Lender to Trustor or to any other person. The representatfons and wartanties contained heTein are � _ -
<br /> basad on Tnutols due dT,pence in investipaUng the P►operty for hazardous waste and hau{rdous substances.Trustor hereby (A)reteases and '���'�`
<br /> e �';�!"
<br /> watws any hRure cielms ape►nst Lender tor Indemruty or contribution in the event Tnrstor becomes IiaDte for deanup ot athar cw�under any -� - �.-.-• -� �
<br /> such laws.and (b)a�r6es to InQemnity and hWd harmless Lender againsf any and all Gaims,losses, liabilities,damages,penalties,and ; . S
<br /> e�onses wtdch Lender may dtrecfly a Indiredty sustaln or sutfer resultlng from a breach of this secflon of the Dead of Trust or as a �-;
<br /> wn�isCe o}any usA,yeneratlon,manufaCture,storage,disposal,ralease or threatenad refease occurtinp prior to Trustors ownership or •� .�__-
<br /> Intarest i:�tho Propaty,whether or not the same wag or shoutd have bsen known to Trustor.The provtsio��s of thls secUOn of the Deed ot 7rust, _
<br /> inCiudinp the obi{yaUon t0 Indemn(ty shall survlve the payment ot the Indebtedness and the sadsNaction and reconveyance ot tAe lien ot tAis ` �''� � ,
<br /> Deed W Trttst and stt�:l not be affected by Lenders acqulsiL'on of any interesl in the Proparry,whether by fareclosuro or otherwise.
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<br /> NWta11Ce,Waste. Tr+.�tar shaii not Cause,Conduct or permit any nuisartce nor commit,permit,or suHar any stripping of or weste on or to the f �� � . :�-
<br /> FlropeAy w eny portion o}the Property. Without Omair�g the generality of the foregoing,Trustor wiil not remove,or grant to any other party the i • '
<br /> , rfp�t to remave.any Umber,minetals QnCiuding oil and gas),soil,gravel or txk products wdhout the prior written consent of Lender. � • w
<br /> Wmovai of Improvements. Trustw shall not demolish or remove any Improvements from ihe Real ProDerty wfthout the prior written consent . - :' . �
<br /> � o}LenQer. As a condiUon to the removal of any Improvements,Lender may require Trustor to make enangements sstisfactory to Lender fo � • . �
<br /> reptaCe such Improvement9 with Improvements of at least equal vaiue. � . ,
<br /> LlitdOr'a Rlyf►t to F11teI. Lender and its agents and representaUves may enter upon the Real PropeAy at ell reasonabte times to attend to � .
<br /> Lendels inleresb and to inspect the Property for purposES ot Trustors compiiance vdth the terms antl conditfons o1 thb Oeed ot Trust i . ,. . . �°
<br /> CWn�sq Wlti1(ipvemmentd Rlqulrcmentf. Trustor shail prompUy comply with all taws,ordinances,and repulaUOns,now or hereafter in .
<br /> pHYCt,of aH QOVammantal aulhoAdos appucabio lo the use a occupancy o1 the Property,incfudtnp witAoul Umitadon,ttw Amanc�ns Witn . _
<br /> pisabOftln Acf. Trusta may corrtest In�ood faiM any such taw,ordinance, or repulation and withhdd complia�ce during eny proceedinp,
<br /> Includnp appraprlste 8ppedls,so Iong es Trustor has noUfled Lender in writing prlor to doing so and so long as,in Lenders sde optnion, �
<br /> Lenders interesis in ttaa PropeAy are not Jeopardized. Le�der may require Trustor to post adequate secudty or a surety bond,reasonabty • �
<br /> 5&tisfactory to Lendor,to protect Lenders Interest. �
<br /> Duty to R�rotE6t. Tnuta agrees neither to abandon nor leave unattended Ihe Property. Trustor shall do 811 other acts,in eddiUOn to tAOSe acts �. �
<br /> ; se!forth above in thls secUOn,which from the character and use of tAe Property are reasonably necessary to protect and preserva tho Property. ' , !.
<br /> ! Ol1E dh SAIE-CONSEHT BY LENOER. Lender may,at its option,deGare immediately due and payable all sums secured by this Deed of Trust
<br /> � upon lhe saie a transter,with0ut the Lenders priw wdtten consent,of all a any pert of the Real Property,or any interest in the Real Propertyr. A
<br /> 'gglg pr irgnsfer meHns the conveyance o}Re[il PropBAy or any right,title or interest therein;vihether lepal,bene8clel or equitable;whetAer voluntary
<br /> { ot Invotunl8ry;wPiether by oubipht sa1e,deed,Installment Sele conhact,tand contrac4 contract for deed,lossehotd Intetest wit�a term greater than
<br /> three(3)years,lease-opiion cor�bact.or by saio,rLSSlgnmont,or trpnsfer ot any beneficial in!erest in or to any land trust holding 6tte to the Real
<br /> � PropeAyr u by any other method ot convayance of Real PropeAy interest. If any Trustor is e corporation,paAnership or limited liabitity company.
<br /> Urer�sfer aiso includos any change i�Ownershtp ot mare then fwenty-five percent (25%)of the voflng siock,partnorship interests or I�mitod liability
<br /> Campeny Interesb,as th9 case may be,ot Trustor. However,ttils opUon shell not be exerClsed by Lender rt such exercise ts proh�Dited by federal
<br /> � law or by N�breske law. �
<br /> TAXES AND UEHS.The tdtowinp provlsions relallnp to the laxes end liens on Ihe Property are a paA ol this Oeed of Trusi.
<br /> Plyment. Trustor shatl pay when due(and In all events prior to de4nquency)all taxes.spec�al taxes.assessments,cherges(ineludmg water i•
<br /> j and sewer),flnes end imposiUons levled 8galnst or on account of tho Property,and shall p8y when dus all clafms tor work done on or for
<br /> � servlces rendered or materfa�fumMhed to ihe P►operty. Trustor shail malMa�n the P►operty hee ot all hens having prtority nver or equal to the
<br /> ! interest of Lender under this Dsed of Trust,Enccept for ihe lien of taxes end ttssessments not due and exoept as othenvise prohded m inis Deed •
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