|
. • m
<br /> �
<br /> � � � � �
<br /> n
<br /> c� n Z n i � � � � ,� � o.
<br /> � m N p � � 1 � ,.�,� � , (� N
<br /> . n 2 N a -,� �
<br /> 7C p ~ W „� z 1-� �
<br /> � � � ok 2
<br /> rn '� �' �
<br /> � r �o
<br /> f" � r CT. �
<br /> K�.� I Jy�* Y �
<br /> N W y0�'� (..J •-i"
<br /> � Z
<br /> W `.-'� C� O
<br /> � ~ � �
<br /> NEBRASKA 66200106211020001
<br /> 9 9 10 6 3 33 DEED OF TRUST 00457//SNIl�i27 �
<br /> a
<br /> � �
<br /> BTEVffii J. MILBOORN BTEVA9 MILHOORN, NANCY MILBOIIRN, HII88AND AND 1PIrS
<br /> NANCY 4S. DSILHOIIRN
<br /> :,, . ,.._; . ,
<br /> `�y}�� !:,
<br /> . ,. ,,,,,:ii:�.,:R�MYi'!� ii �� '�'�:. . i. .,, , ; .. .
<br /> ' ;�,;, . ,: � .... . i����. '''",..�; ',,�, ,,..�,;
<br /> isai xoarrzo sm x
<br /> GR11ND IBLAND, NS 688015747
<br /> , ,
<br /> ".3EI.EFFICFIE�Ki "(> . ;, ; ,:�!EI!AY1�JC�1TkiN;Mi?:' 's ';' ' T�l10 ,::;.., �D�'ll'�ICkEIGNtIi?
<br /> 505-64-2326
<br /> TRUSTEE: u.e. HANK NATIONAL A880CIATION
<br /> FARaO, ND 58103
<br /> n consi rat on o t e oan or ot er cr tt acco t on erema er spea an any ure a ances or ure igat ons,as ne erein,w ic
<br /> may hereinafter be advanced or incurred and the trust hereinafter mentioned and other good and valuable consideration,the receipt and sufficiency of which
<br /> are hereby acknowledged, Grantor hereby irrevocably warrarns, bargains, sells, transfers, grants, conveys and assigns to Trustee, his successors and
<br /> assigns,IN TRUST WITH POWER OF SALE for the benefit and security of a.s. HANK NATIOd�IAL A680CIATS�1 ND
<br /> ("Lender"), the
<br /> benefiaary under this eed of rust,under an subject to the terms and con itions herein set forth,with right of eMry and possession all of Grantor's present
<br /> and future estate,right,title and irneresi in and to the real property described in Schedule A which is attached to this Deed of Trust and incorporated herein
<br /> by this reference,together with all present and ftriure improvements and fixtures;all tangible personal property including without lirr�tation all machinery,
<br /> equipmern, building materials, and goods of every nature (excluding consumer goods) now or hereaher located on or used in connection with the real
<br /> property,whether or not affixed to the land; privileges, hereditaments, and appurtenances including all development rigMs associated with the Property,
<br /> whether previously or subsequently transfeRed to ihe Property from other real property or now or hereafter susceptible of transfer from this Property to other
<br /> real property;leases,licenses and other agreements;rents,issues and profits;water,well,ditch,reservoir and mineral rights and stocks pertaining to the real
<br /> property (cumulatively"Property");to have and to hold the Property and the rigMs hereby granted for the use and benefit of Lender, his successors and
<br /> assigns,until payment fn full of all Obligations secured hereby.
<br /> Moreover,in further cansideration,Grantor does,for Gramor and Grantor's heirs,represernatives and assigns,hereby expressly warrant,covenant,and
<br /> agree with Lender and Trustee and their successors and assigns as follows:
<br /> 1. OBUGATIONS. This Deed of Trust shall secure the paymern and perfomrance of all present and future indebtedness, liabilities, obligations and
<br /> covenants of Borcower or Grantor(cumulatively"Obligations")to Lender pursuant to:
<br /> (a)this Deed of Trust and the following prorNssory notes and other agreements:
<br /> ' pqII�A#,rkM�tlM`�� ' ': �� #�Eik�'1'1�'' 'IA/kN :
<br /> N!lMBL#�; , ;
<br /> ;; .:.:.�R�QI'F�,�lT IA�it�&M�M'T�'IF ,.: �3J17f <
<br /> 65,795.73 06/23/99 06/23/19 66200106211020001
<br /> (b)all other presern or ure,w en agreements w n r a re er spea y o is e o n.is a er exacu or e aame or different
<br /> purposes than ths foregoing);
<br /> (c) any guararny of abligations of ather parties given to Lender naw or hereaRer executed that refers to this Deed of Trust;
<br /> (d) future advances,whether obligatory or optional,to the same exterrt as ff made contemporaneously with the execution of this Deed of Trust,made or
<br /> extended on behalf of Grantor or BoROwer. Grarnor agrees that if one of the Obligations is a line of credit,the lien of this Deed of Trust shall continue
<br /> urnil payment in full of all debt due under the Iine notwithstanding the fact that from time to time(but before terrmnation of the line)no balance may be
<br /> outstanding. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding secured principal future
<br /> advances,not including sums advanced by Lender to protect the security of this Deed of Trust,exceed the following amount: $ �s,�9s_�3
<br /> This provision shall not constitute an obligation upon or commitment of Lender to make additional advances or loans to Gramor;and
<br /> (e)all amendmerns,extensions,renewals,modificatlons,replacemerrts or substitutions to any of the foregofng.
<br /> As used in thfs Paragraph 1,the terms Grarrtor and Borrower shall include and also mean any Grantor or Borrower if more than one.
<br /> 2 REPRESENTATIONS,WARRANTIES AND COVENANTS. Grantor represents,warrants and covenants to Lender that:
<br /> (a) Grarnor has fee simple marketable title to the Property and shall maintain the Property free of all liens,security interests,encumlxances and daims
<br /> except for this Deed of Trust and those described in Schedule B,which is attached to this Deed of Trust and incorporated herein by reference,which
<br /> Gramor agrees to pay and perform in a timely manner;
<br /> (b) Grantor is in compliance in all respects wfth all applicable federal,state and local laws and regulations,including,without limitation,those relating to
<br /> "Hazardous Materials;as deflned herein, and other environmerrtal matters(the"Environmernal Laws"),and neither the federal govemment nor any
<br /> other govemmerrtal or quasi govemmernal entity has filed a lien on the Property,nor are there any govemmemal,judiaal or administrative actions with
<br /> respect to environmental matters pending,or to the best of the Grantor's knowledge,threatened,which involve the Property. Neither Grantor nor,to the
<br /> best of Gramor's Imowledge, any other party has used, generated,released,discharged, stored,or disposed of any Hazardous Materials as defined
<br /> herein,in connection wflh the Property or transported any Hazardous Materials to or from the Properly. Grantor shall not corrxr�t or pem�it such actions
<br /> to be taken in the future. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any
<br /> govemmental authority induding,but not Iimited to,(i)petroleum;(ii)friable or nonfriable asbestos;(iii)polychlorinated biphenyls;(iv)those substances,
<br /> materials or wastes designated as a"hazardous substance"pursuant to Section 311 of the Clean Water Act or lisled pursuant to Section 307 of the
<br /> Clean Water Act or any amendments or replacemerrts to these statutes; (v)ihose substances, mate�ials or wastes deflned as a"hazardous waste"
<br /> pursuarn to Section 1004 of the Resource Conservation and Recovery Act or any amendments or replacements to that statute; and (vi) those
<br /> substances, materials or wastes deflned as a "hazardous substance" pursuarrt to Section 101 of the Comprehensive Environmental Flesponse,
<br /> Compensation and Liability Act, or any amendmerrts or replacements to that statute or any other similar state or federal statute, rule, regulation or
<br /> ordinance now or hereafter in effect. Grarrtor shall�ot lease or pemrt the sublease of the Property to a tenaM or subtenant whose operations may
<br /> result in comamination of the Property with Hazardous Materials or toxic substances;
<br /> ucnnT aw»� Pape 1 d 6
<br />
|