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<br /> 03-07-1997 DEED OF TRUST Page 2 E � . . _ 4_
<br /> Loan Ida 430619 (Ca�itaued) 9?'�' 1���� �, .
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<br />� owned by Tni3tor,end now or ho�fter attached or affixetl to the Real Property;tugather vnth ell acces5io�s. parLS.and addiUans to,ail � , �-
<br /> - repltltXim3nt9 0},tind e9 SUbSUtulions for,etry ot suCh prCpsRy;antJ tOgether mth 8tl proceeds (including without iimilation a(i insuranCe ' ``�
<br /> � proCSeds end retunds of premiumsy from any sele or other disposition of the Properry. � .
<br /> prppQrty. TA4 wOtd`PrOpertyr m89ns CoVBCLve(y the Reai PropeAy and the Pe�sOne�Prop8rly. i. -
<br /> Real PfOpe!!y.The words Tt$al PropeAyr mean ihe property.Enterests and nghts desCnbed abova in the'Conveyance an0 GranC sechon. ; , �
<br /> Related DaCUmEnt�. The words'4ieluted Oxuments' msan and indude withoul I�mdeUOn ell promissory notes, credit agreements, loao �, '
<br /> , agreomeMS,environmsntel asr6emarrts,puarantles,security sgreamenis,mortgaSes.Cesds of hust,Snd a11 other mstruments,agrsemenis and � � • —
<br /> documents.whethet now or hereafter ex(sting,ewecuted in connection�th the�ndabtedness. i
<br /> RE�U. The word'gter�meaas stl p+esent and tuture rents,reven�s,in�orrte,issues,royalties,proftts,an�d other beneflts derived from the � .
<br /> ProDerlY• • .
<br /> ' TrwtN. Tho word Trustee'means UNRED NEBRASKA BANK and any substitute or suxessor husteas. {f �
<br /> TntetOL Ths wotd RrustOr means any and eU parsons and entiUes exBCUting this Dead of Trast,indudng vrithout limltation all Trustors named !
<br /> ; BbGye, � .
<br /> � 7HIS OEED OF?RUST, INCLUDItiG T►3E ASSIGNlYIEHT OF RENTS AND THE SECURiTY IMTEREST IM TF� RENTS AHD FEASONAL ' � . `
<br /> PROPERTY.IS 0lVEN TO SECURE (7�PAYl9QiT OF TF�INDEHTEDNESS AND (2)PERFORMMiCE OF AHY AND ALL dHLIGATIONS OF
<br /> ' TpU$'TCp IAdDER THE NOTE,TF�RBJITED OOWMENTS,AHD THIS OE�OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTm 4 � • .
<br /> � oN�w�wwiNG�MS: f � ..
<br /> ppY1,1�NT AldD PERFOR6iAAlCE Except as oth9rwtse provfded in this Deed of Trust,Trustor shali pay to Lender all amounls secured by this Deed i • `
<br /> o}Trust es ihay becom9 due,and sheU strfcUy�end in B fimely mflnner perform all of TruMOrs obiigations under the Note,this Deed of Trust,and the -.. • >
<br /> Reiated DocumenLS. , ..:..;.•r °
<br /> PO$SES$10N AND MAIHTEliMIt�OF THE PROPERTY. Trustor agrees that Trustor's pa�session and use of the PropeAy sheli bg gaverned by . '
<br /> ' the foUowinp Provfslons: � . �'
<br /> Roase�.11on end UBa. UnW the xcurrenee of an Even!ot Defauli,Trustor may (a)2main in possession and controi of the Properly, (b)use, , _ . „
<br /> �i operate or manaqe the Properly,end (c)cotlect any Renis irom the Property. � •-
<br /> Duty t0�Rik►tatn. Tn�stor shall mainteln the PropBrty in tenantabte condition and promptly per(orm ail repaiss,rep►acements,and maintenance . " '�"
<br /> neoessory to prer.erve fts vaiue. • �• •` " ' `�•• '�
<br /> ��i.:.—
<br /> ti�tdous SuDsbJneea. Tt�a terrts`haffirdous waste;'harerdous substanca,"disposal;"retease.°and'lhreatened release;as used in this � ., �'
<br /> Qe6d of Tnrsf,shall have the same meanings as sat foAh in the Comprehensive Environmental Response,Compensa6on,and Liabililyr Act of . .•} '�
<br /> _ 1980,es emended,42 U.S.C.SeCtion 9601,et saq.('CERCLA'�,the Superfund Amendmenis and Reauthori78�on ACt of 1986,Pub.L.No. ' ,�� �� -
<br /> 99-499("SAFlA',the Ha�rdous Materfals Transporiation Ad,49 U.S.C.Section 7801.et seq.,the Resource Conservation and Recovery Ac1, •
<br /> 42 US.G SecHon 6901,et seq.,or other applicabie state or Pederal Iaws,rules,or regulations adopted Dursuant to any of the forepoing. the �-��,��€F��
<br /> tem�s Ria�rdous waste'end fier8rdou5 substance'shall a►so indude,w(thout limitation,patroleum and petro!aum by-products or any Baction . � � � .
<br /> thereof and esbestos. Tntsta represents and warranis to Lender thax (a)During the period of Trustors ownership of the Properly,there has �y ��,,. {
<br /> been no usa,penaration,manutacture,storage,treatmeit,dispasal,release or threatened retease ot any hazardous wasts or substance by any h � � �
<br /> pers�n on,undar,eboul or(rom the Property; (b)Trustor has no knowiedge of,or reason to be�ieve th�t there has bsen,excep:as previousiy I . . • .; a�
<br /> disclosed to and acknowbdged by Lender i�writing, (i)any use,generation,manufacture,storage,treatment,disposel,release,or threaterted �
<br /> reiease of any haaitdau4 waste or substance on,undsr,about or hom the Property by any prior owners or acCUpants of the Propedy or (ii)any ' :�• .
<br /> h
<br /> actual or threatened litipatlon or elalms oi any kind by any person relating to such matters;and (c)Except as previousiy disdosed to and • � `��`� ,; �_
<br /> Qcicnowiedped by Lender in wrt6rtg, (i)neither Trwtor nor any tenant,cnnh�ctor,agsnt or othar authorized user of the Praperty shall use. � . '•, ��� '
<br /> penetate,manutact�ue,Store,treat,dlsposs of,or release any hazardous wa518 or substance on,under,aboui or from the Property end (ii)any . .F�i.'
<br /> suct►aclivlty shaU be conducted in compUance with alt appficabie federal,state,and Iocal laws,regulaHons and ordinances,includ�ng withoul . " �;
<br /> tlmitafion those taws,regulaUons.Bnd ordinanc�descrlbed above. Trustor suthodzes Lender and its agents to enter upon the PropeRy to • � '�{� r�F .
<br /> make such InspscUons and tasts,at Trustofs expense,as Lender may deem eppropriate to determine compliance of the ProDerty with this . ��Yi �
<br /> secUOn of tt�e Oeed of Trusi. My Inspections or tests made by Lender shall be for lender5 puryosas oniy and shall not be Construad to create - - , `
<br /> arty responsibility a QabiGry on the patt ot Lender to Trustor or to any other person. The representaUons and v�srranties contained herein are � -
<br /> based on Tn�tofs due diApenoe In investlyaUnp the PropeAy tor harardous waste and hazardous substances. Tru,tor�ereby (a)releases and '
<br /> t cJaitnti nst LertCst for indemni or aonMbution in the event Trustor becomes Iiable for taeanup or other costs under any , '��f�'i -
<br /> wztv�cny uturo s�ai ty
<br /> such taws,pnd (b)ayrees to IndemnHy and hold harmless Lender against any end all Gaims. losses, liabilittes, damages,penatties,and � T ����� -��
<br /> e�ensas wh�h Lender may dueeily or indirecUy sustain or sutter resulting bom e breach of this section of ihe Deed ot Trust or as a . , �� �'� °
<br /> consaqwnce oT nny use,peneratlon,manufacture,storage,disposal,releass or threatertad retease occurrinp prior to Tnutors ownership or
<br />� '1 Intarost in tta PropaAy.whether or not the same was or shoutd havo been known to Trustor. The provisions of this section of the Deed of Trust, ��I
<br />' � includnp tha ob9paU0n to IndBmNry.shall survlve the payment of the Indebtedness and the satis(action and recanveyance ol Ihe lien of this ""�5—
<br /> • . QapE of Trust and shaD not be aNacted by Lende�s acquisition of any interest in thg Properfyr,whether by foreclosure or otherw159. '���. / �
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<br /> Nt�e�Wa�te. Tntstor shaU not cause,conduct or permit any nulsance nor commit,permn,or sufter any sbippinp o1 a weste on a to the . to��.'. '
<br /> Prpparly or eny poNon of the Propetty. WtthoillOmtOng the generallty of the foreyoing,Trustor wiil not remove,or grant to any other party the � ..
<br /> ripht to remove,eny Umber,minerals(induding oil and gas),soil,gravel or rock products without the prtw vrtiften consent o1 Lender. . •
<br /> Removal o}(mprovements. Trustor shal!not demotish or remove any improvements trom ihe Real Property wilhout the pdor written conseM • . ___ _ .
<br /> o!Lander. As a condiUon to the removal ot any improvements,Lender may require Trustor to make arrangements saUsfactory to Lendar to �
<br /> ' rap'sce such Improvements w(th Improvemenfs of at least equal value. � ��
<br /> ' LertdePa Rl�ft to Enter. Lender and tls egents ana representatives may enter upon ihe Real Property at atl reasonable times to attend to ' . •
<br /> , Londers intfuesb end to InspeCt the PropeAy for purpo5es of Trustor's Compliance with ihe terms end condiUOns of this Deed ot Tnut. . -
<br /> � Complim�e witA Qovemmentd Reqntrementa Trustor shatl promptty compry with all laws,ordinances,aod reputaUOns,now or hereafter in �
<br /> 4ffaf.i,of aIl ypvemmentel8uthorliles 8pp11Cebfe to the use or oCCUpanCy ot ihe Property. Trustor may contest in good(sith any such law. : .
<br /> • otdinanca,or repulaUon and withhWd compliance Quriny 8ny proCeedinp,inCluding epprophate appeals,so lonp as Trustor has notifled Lender . '
<br /> In writln�pAa to ddrg so and so lonp es,in Lender's sole opimon,Lender's interests in ihe Properfy ere not�eopardized. Lender may requve • . '
<br /> ; T►ustW to pOSt ad9quate Securlly or a surery bond,reasonabty satisfactory to Lender,to protect Lenders interest.
<br /> . Dutyl to PrOteet. Trustor eyre6s neither to abandon nor teave unaitended fhe Property. Trustor shali do ail other acts,in addition to those acis � . .
<br /> set fOrth above in thls secUon,whl�h hom the character and use of the Properry are reasonabty neCessery to protect and preserve the PrapeAy. . ' " .
<br /> pl�W�)SALE-CON��IT BY LENDER. lender m8y.ot its opUon,declttre immodiately due and payabts all sums secured by this Deed ot Trust .
<br /> upon ths saia or transter,without the lenders prior wr(tten Consent,of ali or any paA of the Rea!Propertp,or any interest 1�the Real Property. A • � �
<br /> { '�sata a transte�meons iTw conveyance of Real Properly or any right,titlo or interest therein;whether legal,beneflClal or equitable;whgther vo►untary �.
<br /> or invdunferyr.whether by outr{pht sele,deed,Instetlment sele conUact,tand contract,contraCt for deed,leasehoid interest with a term grealer than �
<br /> ihrei(3)ysirs,le4�a-optlon Contraci,a by sale,assignmenL or hansfer of any beneficial interest in or to any land trust hotding tiN�to the Reaf
<br /> Property,a by arry other method of conveyence of Reai Properly interest. If any Trustor is a corporatlon,paRnership or Iimited 1labiiity company, ,
<br /> trensfOr ats0 InCtud9s 8ny chanpe in ownersh!p o}more than twenfy-frve percent(2596)of the voting stoCk,paAnership interests o:limited liabilityr . . �
<br /> Company Intaresb,a9 thY Case may be,ot Trustor. However,this apHOn shall nol be exerclsed by Lender il such exerclse is prohibited by tedetel ' ' _
<br /> • taw a by Nebraska law. ,
<br /> TAXES AND LIQ18. Th9 t011owlog provlStons re►ating to the taxes and hens on the Propetly are a part ot thi5 Deed of Trust. , • :_
<br /> Paymen� Trustor shell pey when due(and in ell events pria lo deUnqueney)a0 taxes,speCial taxes,assessments,charges(inctuding water
<br /> � and S�r�r),flno:,and ImposlUof�tavled aga��t ar on aCCOUnt of tho Propmty,and shail pay v+lten du�811 Claims tor viork done on or for � �--
<br /> 5eivlcss rendered a matertat tumtshed to the Properfy. Trustor shall maintain iha Proporty hes of all liens having priority over or equal to the f �
<br /> int�rest o1 Wndar under thb Oaed o1 Trust,exCept lor the Ilen of taues and assessments not due,except for Ihe exlsUr�g indebtedness referted t _ ,
<br /> � to betaw,and exoept es otherMrlse provided In this Oeed of Trust. ! �
<br /> � Rlpht To CAntlst. Trustor may withhotd paymient of any tax,assessment,or claim in wnnection with a good laith dispute over the obligadon � ' __.
<br /> ' to pay,so long es Lender's Interest In the Property is not Jeopardized. If e lien arises or Is fiied as a resu►t of nonpayment,Trustor sAall withm
<br /> � frftesn(15)days etter the I.en arises or,if a lien is filed,wilhie fiBeen(15)days atter Trustor has notice o�the filing,secure Ihe d�scharge of Ihe
<br /> lion.Or i}requeSteE by Lender,deposil with Lender Cesh or e SuffiC�ent corporate surery bond or ot�er setunty satistactory fo Lender�n en
<br /> Eimount SufflC�enf to di5charQa the Iien plus ony costs end edornsys'tees or other charges that could accrue as a resutt of e tareclosure or sale � , ---
<br /> under ine iign. in eny cOniysl.T�usiui 5t�atl defBnG�beii and tander and sha�t Sdi�sty any adva�se�udgasent bacra entorcerr�eat aga�rsst it�e
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