�y__ '
<br /> -'x�
<br /> v=:
<br /> DIEED OF YRU�T Psge 2 � ;',�-
<br /> 03-1�199Y (CoMInued) ��� ����� .
<br /> Loan[�0 433557 -
<br /> ��dpbtadaess. Tho word 9ndebtedr�ess'mea�s ail Pri�dP�end ir�tar�t paYeble under the Note and any amounts e�ended or c3dvanced by �:
<br /> Lendsr to d�schar99 ob��Bgaans af Trustar or exper�es►ncurted by Trustee or Len6er to enforee obilgations of Trustor under t►�s Dsed of Trust. , .
<br /> togath°r viith interest on such amoun t s as pro v i d e d i n t h l s Q e ed of Tnist. ;���
<br /> Lender. The�vord 1enQer"means UNtTED NE9RASfcA BANK,its suecessas and ass�Qns.
<br /> in tHe p�tn�A� emoa�nt ot�78,000.00 rram Tn,s�a to�.ender, �:
<br /> lQate. 7Ae word"tiote°means tne Kota d�teo�Viareh t2,t�'7. .
<br /> �8�W;m af{renawais,extensions,modiftca�ons,refinencings,aed substitudans for the Note. �.
<br /> Puson�ProAerhl• The words'Persona► Prope�lY'mean ell equlpmer�,ruRures�and other anides of personal P�oP�Y now or hereafter .—
<br /> owned by 7rustor,and now or hereaRer attached or atfuced to the Resl PropertY,together with all acoesslons,parts.and addiUons to,ell
<br /> replEOements of,and at1 substltudons for, any of such propeAy: and toge�►er with al�P�� (��UQiny without Iimi4atlon ai insur8nee �
<br /> proceeds and retunds of premiums)(rom arry sela or olt�r disDo�fln oi the Property _
<br /> property.The word'PraAeAY maaas eoltecUvelY the Real Roperty and the P&rsonal Properhl-
<br /> Real pmperty-The words'Real PropeAY mea�the proP�Y.intsresls and rt8hts descnbed above in the'Comreyence and GranY seeUon.
<br /> Refatad Doqtments. The words'Rslated Documer�' mean and fndude�v(thout II�oon a��l pand a0 o�ther insb'u�men�is,ge��ae�Iand
<br /> a9raements,environmsntal a9resmertts.9uara^i�.se��Y agreem°nts,mortga�es. -`
<br /> dpqiments.whethsr now or hereafter e�dstln9.e�cuted in connactlon w+th the indebted�s. � �d o�er benefits Eorived bom the . .
<br /> . Rsnta The word'Rents'means a0 Present nnd future re�ts.revenues.income.issues.roYat�es.P �.
<br /> Trustse.The word'frustee'm9ens UiVRED NEBRA..^�IW BANK and eny substitute or suxessar trusteas. � �--
<br /> `.i Tna�tor.?he word'Trustor means any and s�1 persons end entities executing th�Deed ot Tnist,inciudt�sy without 1lmitatton eU Trustas�smed '' `....
<br /> above. � .
<br /> �4 THIS DFIcD Qf TRUST.IHCIWfNG TFE ASSIGNMIENT OF RENTS AND TFE SECIlRITY iNYEREST IN TFE RQlTS Al1D PERSONAL :
<br /> • 7pOU5T��`tRiDFA 7fE OTE,T!� /FiELA7ED OOWMENTS!AND 15718 DEED OF TRUST�S G�D OF TRIJST�GIUEN AND AC�CEFTm � � �--
<br /> '� ON TF�FOLLOWING TEAMS: , . . �
<br /> j PAYMENT AND PERFORMAItCE. ExoePt as othecwfse providad in thfs Daed of T�tut.Tcusta shall PaY to Len4er afl amounts secured bY this Deed . ' • \ .�.T
<br /> rust 8
<br /> � of Trust as theY becorr�a due.and sha8 strictry and in a timery manner Perta�m aA of Trustors obltyaUo�under tl�e Note.this Deed of Tnut,and the t ,�� _
<br /> ia
<br /> � RslaYed DoCUmeMs. `
<br /> POSSESSION ANb IIWN7ENANC'�OF TF�PROPERTY. Trustu apcees tAat Trustors possession and use ef the PropeAll shaN be qovemed by , E xJ[�i
<br /> �r...—=,.
<br /> ' • the fdiowinp provtsion� � • '� .
<br /> � pp�sfipn atld Use. Until ihe occurrence of an Evant of Default,Tnstor may (a)reme�n In possession and corttro�of tha Prop�rlY� �)�• �i_ �,�,j i
<br /> operate or manaQe the ProPertY.and {c)colted any Rents from the Property ��ments,and malrrtenance -
<br /> Ouly to 1�latntain. Trustor shatl malntaln the PropeAy In tenantabte condtlon and promptry perform all repatrw reD � ,
<br /> r�ecessa�yr to Preservo fis value. . .. - -
<br /> �pua Substir�es. The tertns 9�amrdous weste�"hezardous substance."disDasal.`telea,e;and 1hre4taned raax,s.�as u5�d in thfs : , . , � ---
<br /> Cpmpensadon.nnd Uahiiity►Ad of
<br /> peed of Tntst,shall have the sama meanlnIIs as se�tath In the Comprehensive Envfronmental Response. w
<br /> 1980.as amanded.42 US.C.Seetian 9601,et seq.l'��'7.ihFi Superfund Amendmenb�dResource Coaaserva9on u+d Recove�Y Act. E ' . , � � � �.�
<br /> S
<br /> gg.,�gg�S�i,a'.tha Ha�ardous Matedals TranspoRatlon Act,49 U.S.C.Secdon 1801,et seq., _ ��. : : '
<br /> 42 U.S.C.Ssction 6901.et seq.,or other appi'icabls sffite ar Federel laws�tuSes,o<<e9ulaBo^S adopted pursuant to any of the toregoin9. T1ie . -
<br /> terms't�ezardous waste'and'4iazardous subsfence'shaU also indude.wfthout Bmitatlon,pelro�eum and petroleum by-products or aeY irecUa� ' •. s�� •
<br /> thareof and ssbestoa Trustor reAres°nb and warrards to lsnder tt� (a)Durir�the pertod of Trusto�s ownarshlp of tho Property.ther�tws .
<br /> been no use.�enera9o0.manufadure�storaqe,treatmen�d'�sposal,retease or fhreatenecl release of anY h�rdous waste or substance by anY . . ,�!i .
<br /> � pwson on.undor.obout or hom ihe Property; (b)Tnistor hss no knawiedsa ot.ot raason to beileve that U�era Aas be6n.�ccaPt�a prevlouslY _ : .; � �
<br /> disclosed to and acknowledO9d by Lendar in wrfUrt�� G)any use.9eneraUon.manufactiae.storaIIo.Lreatmortt.disPosal.retoese.a lhreacened "
<br /> raWnso of eny turardous waste a substance on.under,about or from tt�e PropartY bY�Y D�a ow^�°f��ffi ot ttw����d . �.�`� a. _
<br /> actupl or thrb4tened fiUpaUOn or clalms of arry k�nd by any person relaUng to suCh tnatters:and (c)ExCept as PTg��Y , . �� +�x�..;?'�
<br /> ao7cnoxAadped bY Lender in wriUnp. p)neither Tnutor nor any tenant,contractor.aQent or othAr authorized tuer of the Prop6Ry shall use. , . --s, —
<br /> generate�manutacture.store.treat�sPose of,or reiease any ha�rdous waste u substanoe on.under.about u trom the Property and M anY '�i;��.r :
<br /> laable federat,state�and tocaf Iavu�s.requiaUons and ordlnances,Inefudin0`�itfwu� . � �.'�"`,;
<br /> ' such acrivity stw9 be conducted In complianco vrtth ao app� nis to enter upon ths Prapetty o i� '�'. �aqc,
<br /> limiT�tlon those laws,regu�.ations,and ordleances d a`�a i bed above. Trustor authorizes Lender and its aye t . .
<br /> rtwka such InspeoUons and tasb,at Tnstora�ense.as�ender rtwy d°'Bm apAropriate to detert+Vn�comPi4no�o���'+�y�� '' . �
<br /> �actlon W th�Wed ot Tn�st. My inspeeHons or tasts made bY Lender sfuH be(or La���rdattoro and warra�s contained hanin�r� . � # .
<br /> a�y�gpo r u�p p H y o r I t e h i ll i y o n t h e pert of Lender to Trusta or to arry other pe�sc�• �T_
<br /> � based on Trustors due d�lipenoa In ImestlpeUng ttw ProPertfr for huardous waste and haardous s�s 4 n c o s.T n a f a h e r e b y (a)r e N a s a and . '� ---
<br /> :.., ._,:_`�
<br /> wetv�s any future daims apainst Lender fa indemndyr or eontrtbutlon In the eve�Trusta becomes B�bte ta dennup a omar coab und�anY . . ,
<br /> � such laws.and N)as�to in d em n i t y an d h d d h a rt N�4 Lender e G�rst anY and eA ctaims.lo�e9.Rab�ities,danY�a. D�.�
<br /> �nses which Lende►maY dfrectlY or indrectt!►sw�ln or suffx resultiny hom a braach of tt�s a�cdon of the Oaod of Ynesi a as a
<br /> o►to Tnntora awnerstOP o► . �•
<br /> conse4uence of any uso.panera+lon,manufacture.storea9.disposal.reloasa a lhreat�ned reteaso oocurrinD D� .�.• _
<br /> interest In the P►opeAy.whether a not lt►e same was a should haw b�n known to Trustor. The provkdons ot this sscUon ot a�Wed�n�� . � _.-,
<br /> Indudin0 the obllpeUon to Indemnity.shn(1 suMve the payment of the Indebtadna�s and the sa�facHon and rocor�veya� .
<br /> Deed ot Trust and shatl not be attected by Lenders ecqutsiBon of any interest in the ProportY.whether by tueclosure o►otherwfse.
<br /> Ny�y�nee,WaBte. Trw"tat shall not cause,conduCt a D��any nulsonoe na cammR,permit,or sui(et any strippinp of ar weste on or to the
<br /> Property or any porUon of the Properly. Without Omitlnp the yenereUb of the torepdnp,TrwHOr wul not remove,or Qrant to any otAer party the —
<br /> ripM to remove,any tlmber�mine�ats(inctudinp al and qas),soil.yravel a rodc Droducls without the P�a�tten consent ol Lender. .
<br /> qMnovrl of Imp�vamMtt�. Tnista shall not demoOsh or remove any Impravemenb iram ihe Reai ProPeRy wfthoul the prlor wdtien consant =
<br /> of Lender. As a condltfon to the remova!of any Improvemenb.Lende►may re4ulre Trustor to meke u►anpeawnb saUSlactory to Lender to k=.--
<br /> replace such Improvements with Irnprovements of at teast e4ua1 veiue• i .
<br /> T Lender's Rl�t to Enter. Lender and its aperAs and representaUves may enter upon the Reai Property at ell reasonabl�Umes to attend to
<br /> Lenders Interasts 8nd to inSpeCt tP�e Prop6AY�u+V��D�Of Trustor's compllance w8h lhe terms end condiUon9 of thl9 Oeed���'n _
<br /> CpmpYaRq wifb�iov�rnn�nt�l Re4tA�omK+t+- Tnlsta atuB promp8y comply wHh�laws.ordrrnou.and rsDu�+UO�a, � ' �
<br /> o Tnt9tor mey cetdESt In pood falth any auch Iaw,
<br /> etfs��.W otl powmmantal authaiUe�aPP�k to the use or ooeuP�raY a the Property. so torq as Tn�ata has noYtlsd Lender
<br /> f or�nancs.a ropu�aHan and wlthhdd comPY�noa dudnp any praeeWnG�irac(ud)n0 ePDrop�tate appeals. s � _.
<br /> in writlrg p�tor to ddnp so and so lonp as.�n Lendefs sa3e opinlon,Lenders Interesb in the Property►a►e not IeoPetdl�ed•Le�de��y�Q�
<br /> Trusta to post edequate seouriry or a surety bond,roescr.abty satisfactory to Lender,to protect Lenders Interest. ` �;
<br /> � Du1y W Protacf. Trustor ayrees ne�ther to ebandon nw leave unattended the PropeAy. Ttustor shall do aN other acfs.ln eddiHon to those acb t
<br /> i
<br /> set torth above In this sectlon,which irom the character and uss of the Proporty are reasonabry neoassarfr to protect and preserve 1he PrcP�Y• _
<br /> �pgTp{�tlp}��pAN. �f some or atl of the procoeds ot the loen creating tne Indebta�lness are to be used to construct or comptate construcUOn
<br /> � ot any Improvements on the ProAeAy,thg Improvements Shail be comAleted�o tater then the maturity date of the IJOto(or such earUer date as .
<br /> � �ender may reasonabiy estab�sh)and Tnista shall pay In fuli all cosb and e�enses in connectlon with the work. Lender,a1 its cDUon,may
<br /> ` disburso loan proceeds under suCh terms and conditions as Lender maY deem�ry to lasure Ihnt lhe Int�r�t aeated by thls Deed of Trusl
<br /> shatl have 0►���Y o�� P�ble tiens,inc�uding fhose ot metorial supp0ers and workmen. Lender may require,amonp other things,thal �
<br /> disbursemeM requests 6e Supportad by recelpted bilfs, e�ense aftidavits, walv&rs of Ilens, constr�c�on progress repals, and such o!he� `r—
<br /> documentatfon as Lender may roasonably re4uest.
<br /> DUE OM SALE-CONSQIT 9Y LENDEA• �o�de��Y�gt its optlon,deClBre Immedlatety due end p8y8ble all sums secured by this Deed of Trust f�
<br /> upon the sale or transfor.wlthout the Lender'S pdor wrttten eonseM.of ati or any part of the Real PropertY.or any Uterest in the Resl P►ope�tY. A �
<br /> '�,818 or transler means the convoynnoe ot Rnal PropsRy a any rigM,tiUs or Interest thereln:whether legel,bensficlal or equitable:whetl�er voluntary
<br /> or involuntary;whee�p�on Contractgor bydsale���ment or trans�etnofCFSn bsr.eflclal�intfertrstdelne or t�ny Iand bvsl Add np t1�11eatoreethe Real .�.:
<br /> thres(3)yoars� e intnrast. It on Tnutor�a corporaflon,paAnership or 6miled tiabiliry company, � .
<br /> Prope►ty.Or by any�ii�¢i fiwi118d 8!tA.'iw.',.-r.;�c!f?_4!P+'OQ9�Y Y
<br /> transftx aiso Includas 8ny changs in owne►ship of more than tweniy-five perCeM(25%)01 the votlng stock,partnerstup i�teros�s o���^�iauiiiiy �.,_
<br /> --— .. . .. . .. '
<br /> -. . � • . . . . ' . �- • ' . . �
<br /> ' . . � �. . � � ... , .. _ , ` .�, .' :� .. '"• . . . + �
<br /> .� • � , , � ' , • • • . � •
<br /> , ' • . ' _. , i�. , ... :� , . . �(. . . .. v .. ' . . , . .__ . . ' . . .. ._ . • . . . . ,. . . . .
<br />
|