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<br />When Recorded Return To:
<br />Farmers and Merchants Bank
<br />3015 2nd Avenue
<br />Kearney, NE 68847
<br />Beneficiary:
<br />8123.CV (8/13) 914027
<br />Fit N
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<br />whose mailing address is 19090 West 16th Street Olathe, KS 66062
<br />as Trustor, and Farmers and Merchants Bank 3015 2nd Avenue Kearney, NE 68847
<br />Trustee, and Farmers and Merchants Bank 3015 2nd Avenue Kearney, NE 68847
<br />Page 1 of 5
<br />DEED OF TRUST, SECURITY AGREEMENT AND ASSIGNMENT OF
<br />RENTS
<br />THIS DEED OF TRUST, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS made on
<br />June 24, 2014 , among Trustors, Michael T Naughtin and Glenda J Naughtin, husband
<br />and wife
<br />,as
<br />WITNESSETH:
<br />That Trustor irrevocably grants, transfers and assigns to Trustee in Trust, with power of sale, the
<br />following described Real Estate:
<br />Lot Fifty -One (51), LARUE Third Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />Gi
<br />together with all interest which Trustor now has or may hereafter acquire in and to said Real Estate and in
<br />and to: (a) all easements and rights of way appurtenant thereto and all of the estate, right, title, interest,
<br />claim and demand whatsoever of Trustor in the Real Estate, either at law or in equity, now or hereafter
<br />acquired; (b) all structures, buildings and improvements of every kind and description now or at any time
<br />••4 hereafter located or placed on the Real Estate (the "Improvements "); (c) all machinery, appliances apparatus,
<br />equipment and fixtures now or hereafter located in, upon or under the Real Estate or the Improvements, or
<br />any part thereof, and used or usable in connection with any present or future operation thereof, and all
<br />C4 additions thereto and replacements therefor; (d) all articles of personal property and any additions to,
<br />..� substitutions for, changes in or replacements of the whole or any part thereof, including without limitation,
<br />all furniture and furnishings, now or at any time hereafter affixed to, attached to, placed upon or used in any
<br />way in connection with the use, enjoyment, occupancy or operation of the Real Estate or the Improvements,
<br />or any portion thereof, and owned by the Trustor or in which Trustor now has or hereafter acquires an
<br />interest; (e) all of the rents, royalties, issues and profits of the Real Estate and the Improvements, or arising
<br />from the use of enjoyment of all or any portion thereof or from any lease, license, concession, occupancy
<br />agreement or other agreement pertaining thereto (the "Rents and Profits "), and all right, title and interest of
<br />Trustor in and to all leases, licenses and occupancy agreements of the Real Estate or of the Improvements
<br />now or hereafter entered into and all right, title and interest of Trustor thereunder, including, without
<br />limitation , cash or securities deposited thereunder to secure performance by tenants, lessees or licensees as
<br />applicable, of their obligations thereunder; (f) all building materials and supplies now or hereafter placed on
<br />the Real Estate or in the Improvements; (g) all proceeds of the conversion, voluntary or involuntary, or any
<br />of the foregoing into cash or liquidated claims, including, without limitation, proceeds of insurance and
<br />condemnation awards; (h) all homestead rights as now or hereafter provided by Nebraska Law; and (i) all
<br />other or greater rights and interests of every nature in the Real Estate and the Improvements and in the
<br />possession or use thereof and income therefrom, whether now owned or subsequently acquired' by Trustor.
<br />The property so conveyed hereunder is hereinafter referred to as "such property".
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