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<br />WHEN REGORDEO ARAIL TQ:
<br />Hasnwc� srare anNK
<br />R9AIN BR/WCH
<br />S30 N BURLINGTON
<br />PO BOX 2178
<br />HASTIN65. t� 68902 FQR RECORQER'S USE ONLY
<br />DEED OF TRUST
<br />THI3 DEED OF TRUST is riated May 31, 2012, among STEVEN D POPPE and PAUI.A S PpPPE,
<br />Flusbend and Wlte, whose address Ia 308 RENEE RD, DONEPHAN, NE 68832-9T87
<br />("Trustor'�; HASTINGS STATE BANK, wF►ose address fs MAIN BRANCH, 530 N SURLINt3TON,
<br />PO BQX 2178, HASTING3, NE 68902 (�eferred to below aometimes as "Lender" and
<br />sometimes as "Beneflctary°y; and HASTENGS STATE BANK, wE�ose address Is 830 N.
<br />BURLINGTOAI, HASTINGS, NE 68901 (referred to below as "Trustee°).
<br />CdNVEYANCE AND ORANT. Fw relnabie constdeistlon, T►ustor wmays to Trustae tn trust, WRH POWER OF SALE,
<br />fo� the beneflt of L�der ae eeneflo�ry, all of Trustor's r3ght, Utle, and intereat in a� to the foilowing deserlbed real
<br />property, tagether wtth all axlating ar subsequenUy erected or affixed bulldtngs, ImprovemeMs end 8xtures; aR
<br />easementa, righta of way, end appurtensnees; ail waber, water rights and ditch dghte (Mduding stock In udllBes with
<br />ditoh or irrigstkn rtghts); and ep other dghis, royralUae, end proflte releUng lo tha real pro�ertY� ��tuding w0hout
<br />IlmltaUon all ml�rerals, oil, gas, geothertnal and shniler matters. {the ° Reel P�Operly ) IOCeted b1 HALL
<br />County, State of Nebraska:
<br />LOT THIRTY-OPIE (37), A1VIICK ACRES WEST 3UBDIVISION, FtALL CQUNTY, PIEBRASKA,
<br />ACCORDING TO THE RECORQED PLAT THEREOF.
<br />The Rea! Property ar (ts address is commoniy known as 306 RENEE ROAD, DONIPHAN, NE
<br />88832. The Real Property tax ldent[flcatton number Is 400385473.
<br />REVOLV(NO LfNE OF CRE017. This Deed of Trqat seaures the Indsbtsdnese Lrofudk�g, wEthout 1&nNatlon, a revoWTng
<br />Me of eredlt whieh obfigates Lender to maka advenees to Trustor eo lortg e� Trualnr aomptl� wlth all the terma of the
<br />Crad[t Agreement Such edvances may lte made, repaid, arnl remade from tlma to Ume, subject to the llmltatlon lhat
<br />the tbpl outsmrtmng halenee owtng at any oae tlma, not ]nctudtng fTnance chergas on such balance at e ftxad or
<br />veriable rate ar aum ae provlded In tl�e Credit Ag+eement, enq temparary overages, other eharges, and any amounts
<br />expaadad or advaneed es prwlded in either the Indebtednoes parag►aph � d�la peragraph, ehall not eacaed fhe Crsellt
<br />Llmlt as provtded in !he Credft Agresmenf. It ls the IMe�Aion of Truetor antt Lender that tkfle peed o} Trust seaures the
<br />belance outstanding under the Cr�lit Agreemenf from time to time trom sero up fo the Cretat Limit as provtdad tn the
<br />Cradit Agreement a� any 1►rterrtredlate balance.
<br />7rusto� preserttly aesigns ta Lender (also knoum as Benefldery In th3s Deed of Trust) afl ot Trosrors rigitt, NUe, arrc!
<br />IMerest in m7d W all present end fuluro leases ot the Proparty and all Rerds irom tha Property. In addkhn, Trustor
<br />grenls to Lender a UnHorm Commerdal Code aeaufty interest in tha Personal Y�operty end RaMa.
<br />TH(S DEED 8F TRUBT, INCLUDINO THE ASS1(iNMENT OF RENTS AND THE SECURITY INTEREST IN TF� RENT3 ANQ
<br />PER30NAL PR8P8RT1; IS GIVEN TO SECURE (A) PAYMBNT aF THH RJDEBTEDNESS AND (B} PERFORMANCB OP
<br />EACH OF TRUSTOR'$ pOREq{AENT9 ANp pBLIpATION3 UNDER THE CREDIT ACiREpWENT, THE REL.ATED
<br />DOCLI�ENSS, AND THIS D� �F TRUST. THIS DEED �' TFtUST 1$ CiIVEId ANED ACCEPTED ON TkE FOIJ.OVNHG
<br />TERA7S:
<br />PAYMENT AND PERFORMUWCE E�ccept es otherwlae provlded In thls Deed of Trust, Trustar shell pay to Lender a9
<br />amcunis s�red by Ihis 4ead uf Trust as lheq becortre due, artd shap strkNy and in a Umaly mennar periam� a0 oi
<br />Trustora ohl�atlans under lhe Cre�t Agreemer�t, fhfs Deed of Trust, and the Related DocumaMs.
<br />P09SESSfON AND MAINTENANCE OF THE pROPERTY. Truatar agreea thet Trustors posse�tnn end use of the
<br />Properly ahell be govemed by tl�e following provislone:
<br />Posaesaion and Uae. Untll the axurrence oP an Everit ot DefaulG Trustor may (1) remain in �on erxl
<br />eanVO1 of the PropeRy; (2) uae, operete or manage the Property; and (3) capect the Re�us from the Properry.
<br />Duty to ARalMain. Trustor ahell malnta(n the Properiy in good condf6on and promptiy pertorm all repatrs,
<br />replacements, �d matntenance r�ceasaryr to preserve ite vafue.
<br />Canpl[enee Wtth Errvironmaa�l Lawe. Trustar reptesants m�d werrants to Lender that (9j Quring the pertod of
<br />Trustofs omnetshlp oi tha Property, thsre h� 6ean nu u�, �aner�on, menufecNre, atoraga, treatmeM, disposal,
<br />reiease � threat�ed release ot arry F�ardous Subshdrxs iry arry person en, under, about or irom the Properiy,
<br />{2) Trustar has no knowledge of, or reason to believa that there has heen. �ccept as previousiy di�losed to and
<br />aclv�owledg�l by Lender In writEng, (a) arry breach or vloledon of arry Environmentel Laws, (b) any use,
<br />garreration. msnufa�re, storage. treatment, �sposel, relaese or threatened relesse o4 any Fla�dws 3ubstan�
<br />on, upder, about or irom the Property by tirry prior owners or oca,par� of the Property, or (c) any acwal or
<br />Uueatmred IttigaYmn or daims of anyr k§�d hy eny perean retadne W such matters; ena {�} � es �«,sty
<br />disclosed to and aclmowledged by Lernier in wridng, (a} neither Trusror ncr mry tenent, contrac6or, agent or other
<br />authorized ussr of the Property shatl use, Aenerate, menufadure, store, treat, disposa of or release any Fla�rdaus
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