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<br /> WHE�V I����R�]E� MAIL T��
<br /> Equi#able Bank
<br /> . Nvr�h Lacus�Branch
<br /> '�'i 3-'�'I'5 N Locust 5�
<br /> P�Bvx '�6U
<br /> Grand lsiand. N� �88����'I�� F�R RE�O�DER'S USE�iVLY
<br /> DEE�3 �F Tf�UST
<br /> 11lVAXIMUIV! L[EN. Tn� I�en �f this Deed of T�ust snal� not e��e�� at a�y ane time ���,���.��.
<br /> TH�� DEE� �F 1"F�UST is date� July 2, ��14, ar�on� G�arles M Sorahan, �nrhose a�dc��ess is
<br /> 423� S�r�ngv�e►nr Dr. �rand ls�and, NE �8g�3 and Susanne I� 5oraha�, whvse address �s 4��9
<br /> S�r��gview Dr, Grand [siand, NE �SSD3; HU5�3AND AIV�] �11�1FE �"Trustar"}; E�uit�bl� Bank,
<br /> whose acddress is �Vorth L�cus� Bran�h, 7'I3--'!75 1V L�cus� St, P� B�� 'i C�r Grand lsIand, NE
<br /> ��8��-�7�i� {referred to lb�law sometimes as '�Lender" and s�meti�nes as '��e�nef�ci�ry"�; �nd
<br /> Eq���ab�e Bank ��rand ls�a�d F��ginr�}, wh�se address is �7 3--1�5 N Locust ��; P� �3ox 7��,
<br /> C�rand 1sIand, NE �B�D�-�76� �referrecl t� �e�ow as "Trustee"}.
<br /> C�NVEYAN�E AND GRANT. For�a�uable cvnsid�rativnr Trus�tar cvnrreys to Trustee in trust, 1N1TH P�VtilER�F SALE,
<br /> #vr th� bene�it of Lender as Benefciary, ai� Qf Trustor's right, title, and interes� in and to the fo[[owing described rea[
<br /> proper�y, togethe�- viri-�h a[[ �xisting or subsequent[y erec�ed or affixed buildings, impra�ements and #ix�ures� all
<br /> easements; rights o� way, and appurrtenances; a[[ water; �nra�er righ�s and ditch rights {including s�ock in u�ili�ies �nri�h
<br /> di�ch or irriga�i�n rights}; and al[ �ther r�gh�s, royal�ies, and profi�s re�ating tv the real proPer�y, incfuding without
<br /> limitati�n a�� minera�s, oil, gas, gevtherma_� and similar ma��rs, tth� *�Real Prop�r�y°'� �acate� �t� l-[ALL
<br /> ��un$y. ��ate of 1Vebra�kas
<br /> L�T DINE �7}, ALFF��D'S ACRES SUBD�VISI�N �F TF1E VIIEST HALF �F THE N�F�THVtilES�'
<br /> QUAF��`ER {1PI�71�N111C�143 �F SEC�[�lli T�-11F�TY-�1111� {��}, T�1JIlN5�-1[P ELE1lE1V �'i�}
<br /> �V�F�TH, F�A�V�E �'��} V�1'EST QF THE C�H �.M,, HALL G�UNTY, �VE�R�SKA
<br /> The �ea� Pr��e�ty or ��s ac�dres� is commvnIy kn�wn as 3�3� S AL�3A R[�, A��a, NE ��87�.
<br /> Th� Real Prvp�rt�tax ident�fi�ation number �s 4-��4�7'��2.
<br /> REV�LVIN� L�NE �F CREDIT. Thas Deed vf T'rus� secures the Inde�tedness inclut��ng+ wi�h�out limitat��n, a re�vI�ing
<br /> B�ne €�#credit, whic�obligates Lender tn mak�ac�rrances tv�rustvr sv�ong as�rustvr�ompIdes w��h a[�$he terrns of the
<br /> C���i�Agreerr�ent. Su�lh advan�es r�ay be rrsadeP repaid, and remade�rorn tirrte to time, sub�e��to the lirx�itati�n��at
<br /> the #ota�. outs�ancI"rng �alan�e owireg at any on� $ar�e, not in�lud�ng �inance char�es on su�� �a�an�e a� � fix�d vr
<br /> r�ari�hle rate vr sum as pr�videc� in �h� �redit Agre�ment, any temporary ��erages, vt�er cha�rges, and any amvunts
<br /> expendec� or ad�ran�ed as proWided rn e�ther the lnciebtedness paragraph �r this para�raph, shall not ex�eed�he Gredit
<br /> Limit as provided in the C�edit Agreement. tt is the intention vf Trustor and Lender tha#this Deed of Trust secu�es the
<br /> baiance outstanding under�he Credit Agr�ernent frnm time to time �rrom zerv up tv the �red�� Limi� as provrded in the
<br /> Credit Agreement and any in�ermediate baIan��.
<br /> Trus�or presently assigns �o Lender �also knvwn as Beneficiary in �hEs Deed o� Trust� al[ o�Trustar's r�ght, title, and
<br /> interest fn and to ail presen� and future leases vf the Property and alf Ren�s frvm the Property. !n addEtion, Trustvr
<br /> grants tv L�nder a Uni�orm Commercia� Cvd�security interest in the Personal Praperty and Rents.
<br /> THIS DEED �F TRUST, INCLUD�NG THE ASS�GN�lIE�T �F RENTS AND THE SEC�FiiTY l�VTEF�EST �1V THE R�EN[TS AND
<br /> PEFiS0Na4L PR�P��TY, 15 G�VEN Ta SECLDRE {A� PAY�ENT ❑F�HE �NDEB�E�NESS A1VD ��} PE�F��111IA►N�E �F
<br /> �CH �F TRU�T�R'S AGREEIIl1ENTS AND �1BL�GA"fI�t1I� [J[VDER THE CRE[3�T AGREEIMENTs `fIHE 1�ELAl'��
<br /> D��U1V�El1lY5, �I�I1D �fH1S DEE� ��T�UST. TH1S DEE� 0� TRU�T i� �IVEI� AND ACCEIPTED �N T'HE FDLL�IIVlNG
<br /> TE1RII�S:
<br /> PA�CMENT t4MD PERFQ�MAN�E. E�ccep� a�s otherwise prtiWided �n thEs Deed �� Trust, Trus�or sha�� p�y�❑ Lender �G�
<br /> amounfis secured by this Deed v� Trust as they become du�, and shafl strict�y and in a �ime�y manner perfarm a!� af
<br /> Trustor's ahliga�ions under the Credifi Agreemen�,this Deed�f Trust, and the Related L�oc�me�nts,
<br /> POSSE55i�iV AND MAINTEN�4NCE �F THE PR�PEF�TY. Trus�or agrees �hat Trustor's possessYon and use of �he
<br /> Prop�rty shall be go�erned by the�ollo�nr�ng proWisions:
<br /> Possess�on and Use. Un�il the occurrence ��f an E�ent o� De�aul�, T�-ustar may �1} remain in possession and
<br /> conrtrv�o#�he Property; �2} use,operate or manage the Property; and �3� collect�he Rents from the Property.
<br /> Du�c� tv Nlaintain. Trus�or shail maintain the Property in gaod condition and promptly perform all repairs.
<br /> replacements, anc� maintenance necessary to preser�e�ts�aiue,
<br /> CorrYpiian�e Wifh Env�r�nrnenta! Laws. Tr�sto� rep�'esen�s and onra.rran�s �o Lender�hat: �'1} Dur�ng �he per'i�d o�
<br /> Trustor°s ownersh�p�f�h.e Prvper�y.�here has been n� �s�, gene.ratio�+. rnanu�ac�ure, stv�age,trea�ment, dis�osal,
<br /> re��ase or threatened re[ease �� any Ha�ardv�s Substanc�: by any person on� �nder, about vr frorr� tE�e Prvpe�y;
<br /> �2� ��us�or has n� knawl:edg� ofi, or reason�� �ei�e�e thaE�here has been, except as pre��ously disc�osed to anc�
<br /> acknow[edged hy Lender in writing, (a} any �reach �r rriofa�ion of any En�ironmen�al Laws, {�� any use�
<br /> genera��on, manufacture, storage, treatmentr dis�osa�, releas� �r threaten�d re[ease of any Hazardvus Suhstance
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