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<br /> Please return.to: Carolyn Zakrzewski
<br /> Nebraska Energy Federal Credit Union
<br /> 1414 15th Street,PO Box 499
<br /> Columbus,NE 68602-0499 T
<br /> DEED OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEED OF TRUST,is made as of the I 3 1 day of I July 1, 2013 by and
<br /> among the Trustor, Gary L. Piersol, a single person 1
<br /> whose mailing address is 14 Sonia Drive, Doniphan, NE 68832 1
<br /> (herein"Trustor",whether one or more). The Trustee: NEBRASKA ENERGY FEDERAL CREDIT UNION
<br /> whose mailing address is: P.O.Box 499,Columbus,NE 68602-0499. (herein"Trustee"), and the Beneficiary:
<br /> NEBRASKA ENERGY FEDERAL CREDIT UNION whose mailing address is: P.O.Box 499,Columbus,NE
<br /> 68602-0499(herein`Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to:
<br /> I Gary L. Piersol, a single person 1
<br /> (herein"Borrower,"whether one or more)and the trust herein created,the receipt of which is hereby acknowledged,
<br /> Truster hereby irrevocably grants,transfers,conveys and assigns to Trustee,IN TRUST,WITH POWER OF SALE,
<br /> for the benefit and security of Lender,under and subject to the terms and conditions hereinafter set forth,the real
<br /> propertydescribedasfollows: 14 Sonja Drive, Doniphan, NE 68832
<br /> Lot Fourteen (14), Amick Acres East Subdivision, Hall County, Nebraska
<br /> Together with all buildings,improvements,fixtures,streets,alleys,passageways,easements,rights,privileges
<br /> and appurtenances located thereon or in anywise pertaining thereto,and the rents,issues and profits,reversions and
<br /> remainders thereof,and such personal property that is attached to the improvements so as to constitute a fixture,
<br /> including,but not limited to,heating and cooling equipment; and together with the homestead or marital interests,if
<br /> any,which interests are hereby released and waived;all of which,including replacements and additions thereto,is
<br /> hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being
<br /> referred to herein as the"Property".
<br /> This Deed of Trust shall secure(a)the payment of the principal sum and interest evidenced by a promissory note
<br /> or credit agreement dated I July 3, 2013 1,having a maturity date of July 3, 2014
<br /> in the original principal amount of[$ 75.000.00 1 ,and any and all modifications,extensions
<br /> and renewals thereof or thereto and any and all future advances and readvances to Borrower(or any of them if more
<br /> than one)hereunder pursuant to one or more promissory notes or credit agreements(herein called"Note"); (b)the
<br /> payment of other sums advanced by Lender to protect the security of the Note; (c)the performance of all covenants
<br /> and agreements of Trustor set forth herein;and(d)all present and future indebtedness and obligations of Borrower
<br /> (or any of them if more than one)to Lender whether direct,indirect,absolute or contingent and whether arising by
<br /> note,guaranty,overdraft or otherwise. The Note,this Deed of Trust and any and all other documents that secure the
<br /> Note or otherwise executed in connection therewith,including without limitation guarantees,security agreements
<br /> and assignments of leases and rents, shall be referred to herein as the"Loan Instruments".
<br /> Trustor covenants and agrees with Lender as follows:
<br /> 1. Payment of Indebtedness. All indebtedness secured hereby shall be paid when due.
<br /> 2. Title. Trustor is the owner of the Property,has the right and authority to convey the Property,and
<br /> warrants that the lien created hereby is a first and prior lien on the Property,except for liens and encumbrances set
<br /> forth by Trustor in writing and delivered to Lender before execution of this Deed of Trust,and the execution and
<br /> delivery of this Deed of Trust does not violate any contract or other obligation to which Trustor is subject.
<br /> 3. Taxes,Assessments. To pay before delinquency all taxes,special assessments and all other
<br /> charges against the Property now or hereafter levied.
<br /> 4. Insurance. To keep the Property insured against damage by fire,hazards included within the term
<br /> "extended coverage"and such other hazards as Lender may require, in amounts and with companies acceptable to
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