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WHEN RECORDED MAIL TO:
<br />Exchange Bank
<br />Allen Drive Branch
<br />1204 Allen Dr
<br />PO Box 5793
<br />Grand Island, NE 68802
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<br />FOR RECORDER'S US ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated January 14, 2014, among QUANG CHI NGHIEM and NGOC MY
<br />CHAU, Husband and Wife ( "Trustor "); Exchange Bank, whose address is Allen Drive Branch,
<br />1204 Allen Dr, PO Box 5793, Grand Island, NE 68802 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary"); and Exchange Bank , whose address is PO Box
<br />5793, Grand Island, NE 68802 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequently 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 irrigation rights); and all other rights, royalties, and profits relating o the real property, including ithout
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real P g
<br />Property") located in Hall County,
<br />State of Nebraska:
<br />Lots Eleven (11) and Thirteen (13), Block Twenty -six (26), in Gilbert's Third Addition to the
<br />City of Grand Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 2004 N Broadwell, Grand Island, NE
<br />68803.
<br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />• or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
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<br />+G the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />201 absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br />= whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
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<br />▪ may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />n may be or hereafter may become otherwise unenforceable.
<br />fl7 FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br />O whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust
<br />[ � r • . 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 />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all 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 addition, Trustor
<br />C grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br />C ) THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />vy ▪ PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />amounts secured by this Deed of Trust as they become due, and shall strictly 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 />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relating to such 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
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