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NE 68802 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated IVlay 4, 2012, among Sandra K Fluff, A Single Person <br />("Trustor"1; Exchange Bank, whose address is Allen Drive Branch, 1204 Allen Dr, PO Box <br />5793, Grand Island, NE 68802 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Exchange Bank , whose address is PO Box 5793, Gr�nd Island, NE 68802 <br />(referred to below as "Trustee" 1. <br />CONVEYANCE AND GRANT. For valuable consideratlon, Trustor conveys to Trustee in truat, WITH POWER OF SALE, <br />for the beneftt of Lendar as Beneficlary, all of Truator's right, tftle, and interest in and to the following descrlbed real <br />property, together with ell existing or subsequenUy erected or affixed buildings, improvements and fixtures; all <br />easements, rights of way, and appurtenances; all water, weter rights end ditch rights (including stock in utilities with <br />ditch or irrigation rightsl; and all other rights, royalties, and profits relating to the real property, including without <br />Iimitetion ell minerals, oil, gas, geothermal end similar metters, (the " Reel Property") loc�ted in Hall County <br />State of Nebraska: <br />Lot Twenty One (21), in Anderson Subdivision in the City of Grand Islend, Hall County, <br />Nebraska <br />The Real Property or its address is commonly known as 1038 South Plum, Grand island, NE <br />68801. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligetions, debts and Hebilities, <br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender egainst Trustor <br />or eny one ar more of them, whether now exlsting or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntery or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />ebsolute or contingent, liquidated or unliquidated, whether Trustor may be lieble individually or joinUy with others, <br />whether obligated es guerantor, surety, accommoda#ion party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become berred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <br />FUTURE ADVANCES. In addition to the IVote, this Deed of Trust secures all future advances made by Lender to Trustor <br />whether or not the advances are made pursuant to a commitment. Specifically, withaut limitetion, this Deed of Trust <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Trustor, together with all interest thereon. <br />Truator presently assigns to Lender (also known as Beneficiary in this Deed of Trust) ail of Trustor's right, title, and <br />interest in and to all present and future leases of the Property and all Renta from the Propeny. In eddition, Trustor <br />grents to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURfiY INTEREST IN THE RENTS AND <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />ANY AND ALL OBLIQATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWIIIIG TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pey to Lender all <br />emounts secured by this Deed of Trust as they become due, and shall strictty and in a timely manner perform all of <br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br />Property shall be governed by the following provisions: <br />Poaseasion and Use. Until the occurrence of an Event of Default, Trustor may (1) remein in poasesaion and <br />control of the Property; (2) use, operate or manege the Property; and (3) collect the Rents from the Property. <br />Duty to Meirrtein. Trustor shall maintain the Property in tenantable condition and promptly perform all repeira, <br />replacements, end maintenance necessary to preserve its value. <br />CompUance With Environmer�tal Laws. Trustor representa and warrents to Lender thet: (1) During the period of <br />Trustor's ownership of the Property, there has been no use, generatton, manufacture, storage, treatment, disposal, <br />release or threatened release of eny Hazerdous Substence by any person on, under, ebout or from the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as prevfously disclosed to end <br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use, <br />generation, manufacture, storege, treatment, disposal, release or threatened release of any Haaardous Substance <br />on, under, about or ftom the Property by any prior owners or occupants of the Property, or (c) any actual or <br />threatened litigetion or claims of any kind by any person relating to auch matters; and (3) Except as previously <br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other <br />1►� <br />