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<br />WHEN RECORDED MAIL �� �
<br />GREAT WESTERN BANK �✓ � �
<br />Grand Island - Webb Rd
<br />700 N Webb Rd /
<br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY ' p!� i
<br />V] .I
<br />DEED OF TRIDST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $150,000.00.
<br />THIS DEED OF TRUST is dated January 26, 2012, among Thomas W. 0'Neill and Jill A. O'Neill;
<br />Husband and Wife ("Trustor"); GREAT WESTERN BANK, whose address is Grand Island - Webb
<br />Rd, 700 N Webb Rd, Grand Island, NE 68803 (referred to below sometlmes as "Lender" and
<br />sometimes as "Beneflciary"); and Great Western Bank, whose address is PO Box 4070, Omaha,
<br />NE 68104-0070 (refe�red to below as "Trustee").
<br />CONVEYANCE AND GRAIdT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE,
<br />for the beneflt of Lender as Beneflciary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequenUy erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrlgation rights); and all other rights, royaldes, and profits� relatin to the real property, including w(thout
<br />limita�on all minerals, oil, gas, geothermal and similar matters, (the Real �roperty ) located in Hall County
<br />State of Nebraska:
<br />Lot Two (2), PreisendorF Subdivision, an Addition to the City of Grand Island, Hall County,
<br />Nebraska
<br />The Real Property or its address is commonly known as 1104 W Oklahoma Ave, Grand Island,
<br />NE 68801.
<br />CROSS-COLLdTERALIZATION. In addition to the Note, this Deed of Trust secures all obligatians, debts and liabilities,
<br />plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafter arisirig, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor
<br />may be Ifable individually or joinUy with others, whether obligated as guarantor, surety, accommodation party or
<br />othervvise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amaunts may be or hereafter may become otherwise
<br />unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, v+rithout limttation,
<br />this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion
<br />may loan to Borrower or Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, titte, and
<br />interest in and to all present and future Ieases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercial Code security interest in the Personal PropeRy and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMEPIT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AIdD ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at
<br />BoROwer's request and not at the request of Lender; (b) Trustor has the full power, �ight, and authority to enter into
<br />this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not corrflict with, or
<br />result ln a default under any agreement or other instrument binding upon Tnastor and do not result in a violation of any
<br />law, regulaUon, court decree or order applicable to Trustor, (d) Tn.istor has established adequate means of abtaining
<br />from Borrower on a conUnuing basis information about Borrowers financial condition; and (e) Lender has made no
<br />representaUon to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defense� arising by reason of any "one action" or "anti-deficiency"
<br />law, or any other �aw which may prevent Lender from bringing any action agalnst Trustor, induding a ctafm for
<br />deflciency to the extent Lender is otherwise entiUed to a claim for deficiency, before or after Lender's commencement
<br />or completion of any foreclosure action, either judicially or by exercise of a power of sale.
<br />PAYMENT AND PERFORRHANCE. Except as othervvise provided in this Deed of Trust, Borrower and Trustor shall pay to
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