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<br /> �WHEN RECORDED MAIL TO:
<br /> Equitabfe�ank
<br /> Diers Avenue Branch
<br /> PO Box 164
<br /> Grand]sland, NE 68802-0760 FOR R@COR�ER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is dafied Jan�ary 10, 2014, among HUTCHINSON AND ASSOCIAT�S,
<br /> L.�.C., whose address is 822 W 1ST ST, GRAN❑ 1SLAND, NE 65801; A NEBRASKA L�M[TED
<br /> LIABILITY COMPANY ("Trustor"); Equita�fe Bank, whose address is Diers Av�nue Brar�ch, PO
<br /> Box 160. Grand Island, NE 68502-0160 ireferred to below sametimes as "Lender" and
<br /> some#imes as "Beneficiary"}; and Equitable Bank (Grand Island Region), wF�ose address is
<br /> 1'i 3-115 N Locust St; PO 8ox 1 B4, Grand Is�and, N� 68802-0160 4referred ta below as
<br /> "Trustee"}.
<br /> CONVEYANCE AND GRANT. For vaEuable consideratiort. 7rustor con�eys to Trustee in trust,WITH POWER QF SAlE,
<br /> for the benefrt of Lender as Beneficiary, a[I of Trustor's right, title, and interest in and to the following cfescribed rea[
<br /> property, together with all existing or subsequently erected or affixed buildings, improvemenis and fixtures; all
<br /> easements, rights of w�y, and appurtenances; alt water, water rights and ditcF� rights fincluding stock in utilities with
<br /> ditch or irrigation rights}; and al[ other rights, royalties, and profits relating to the rea[ property, incfuding without
<br /> lirreitation all minerals, oil, gas, geotherma[ and sirrEilar matters, (the '�C�eal Properiy"} IoCated IR HALL
<br /> County, State of N�braska:
<br /> LOT F1VE (51, BLOCK ON� HUNDRED F[FTEEN [115}, RAILRDAD ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA �
<br /> The Reat Property or its address is commonly known as 822 W 'IST ST, GRAND ISLAND, NE
<br /> 6$8Q'i. The Real Property tax identification number is 4a008'I679.
<br /> CROSS-COLLATERAlIZATION. ]n addition ta the Note, this Deed of Trust secures al] obligations, debts and liebilities,
<br /> plus interest thereon, of eit[�er Trustor or Sorrower to Lender, or any one or more of them, as well as al! c[aims by
<br /> Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafEer arising, whether
<br /> related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br /> indirect, determinec€ or undeterminad, absolute or contingent, fiquidated or unliquidated, whether Borrower or Trustor
<br /> may be ]ia6[e i�dividually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br /> otE�erv+rise, and whether recovery upon such amounts may be or hereafter may became barred by any sYatv#e of
<br /> limitations, and whet[�er the ob[igation to repay such amounts may be or hereafter may 5ecome otherwise
<br /> unenforceable.
<br /> FUTIlRE ADVANCES. [n addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br /> Borrqwer or Trustor whether or nat the advances are made pursuant to a commitment. Specifical]y, without limitation,
<br /> this �eed of Trust secures, in addition to the amounts speeified in the Note, a[I fut�re amounts Lender in its discretion
<br /> may]oan to Borrawer or Trustor,together with a[I interest#hereon.
<br /> Trustor presently assigns to Lender {also known as Beneficiary in this Deed of Trus�} a][ of Trustor's right, title, and
<br /> interest in and to all present and future leases of the Property and all Rents from the Property. In addi#ion, Trustor
<br /> granEs to Lender a Uniform Commercial Code secur9ty interest in tf�e Personal Property and Rents.
<br /> TFiIS DEED pF TRLIS`f', lIVCLUDlNG THE AS5IGNMENT OF REN7S AND THE SECURETY INTEREST 1N THE RENTS A[1[�
<br /> PERSONAL PRaPERTY, 15 G1VEN TO SECURE {A1 PAYNlENT �F THE INDEBTE�NESS AND (B� PERFOFiMANCE OF
<br /> ANY AND ALE OBLEGAT[OINS UNQER THE NQTE, THE �tELAT�D DOCUMENTS, AND THIS DEED OF TRUST. TH1S
<br /> DEEQ flF TRUST 1S GIVEN AA[D ACCEPTED ON TFlE FOI.LQWING TERN[S:
<br /> TRUSTOR'S REPFiESENTATIDNS Al�� WARRANTIES. Trustor warrants that: ial this Deed of Trust is executed at
<br /> Borrower's request and not at the reguest of Lender, fb] Trustor has the Yull power, right, and authority to enter into
<br /> this deed of Trust and ta hypothecate the Praperty; {c] the provisions of this Deed of Trust do not conflict with, or
<br /> resuli in a default under any agreement or other instrument binding upon Trustor and do not result in a vio[ation of any
<br /> law, regulation, court decree or qrder applicable to Trustor, (d] Trustor has established adequate means of pbtaining
<br /> from Borrower on a conYin�ting basis informa#ion aboui Borrower's financial condition; and {e} Lander has made no
<br /> represerttation to Trustor about Borrower{including without limitation the creditworthiness of Borrower}_
<br /> 'FRUSTDR'S WAIVERS. Trus€or waives al] rights ar defenses arising by reason of any "one action" or "anti-defiiciency"
<br /> law, or any ather law which may prevent Lender from bringing any action against Trustor, including a claim for
<br /> deficiency to the extent Lender is otherwise entiUed to a claim �or deficiency, before or after Lender's commencement
<br /> or completion of any foreclosure actian,either jerdfcial[y or by exercise of a power of sa[e.
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed af Trust, Borrower and Trustar shaA pay to
<br /> Lender all Indebiedness secured by this Deed of Trust as it becomes due, and Borrower and TrusEor shafl strict[y
<br /> perForm all their respective obfigaYions under the f�ote,this Deed of Trust, and the Related Documents.
<br /> POSSESSIpN AND MAlNTENANCE OF THE PRQPER7Y. Borrower and Trustor agree that Borrower`s and Trustor's
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