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<br /> 1lI�B-�EN F�ECt]RDED 1Vl�iL T�:
<br /> Equitahle Bank
<br /> Diers Avenue Branch �
<br /> P0 Box 'i6D
<br /> Grand Island,NE C88D�-Q'!�� FQR REG�R�]E�'S US��NLY
<br /> DEED C�F TF�US1"
<br /> 111�A��M�]1V! LIEN. The ��en af thzs D�ed of Trust sha�I not exceed at any flr�� t�me $7 5,���.��.
<br /> TH[S D��I] �F YRU�T �s dated JuIy ��, ��'i 4, amung �aren L ReinhardtE �►rhvs� ac�dres� is
<br /> �723 �lll John St, �rand ls�and, iVE 68��� and Doug��s �4 Coughtry 5�., ►n�hos� ad�ress �s
<br /> �7�3 V� Jahn St, �rand ls�and, NE �����; 1li�ife �nc� Husba�d �"T�rustor"}; �quita�I� i�a�k,
<br /> whose add��ss �s Diers Avenu� Branch, PD �ax 'i�U, G�ar�d �sland, iVE �8���-�7�Q �ref�r�ed
<br /> t❑ be[aw sar�e��mes as "Lender" anc� s�metimes as "�en�fic�ary"3; and E�ui�able �ank ��r�nd
<br /> lsland ��g��n}, whas� address i� �7 3���� N� Locust 5�; P� Bv� 7��, �ra�nd lsland, NE
<br /> ����2-�'[6� {referred �� be�ow as `'Trustee"}.
<br /> C�NIIEYANCE AN1] GRANT. For Waluable considera�ion, Trustvr canWeys�o Trustee ir�trust, 1�IIIT�f PDIJVER �F S�LE,
<br /> for �the benefit �f Lender as Ben�fi�iary, a[[ of Trustor's right, tifile, and inter�st in ar�d to the fvllowing descr�bed rea[
<br /> property, togethsr wi�h all exis-�ing o�- subs�c�uentl� erectec� �r a��ixed buildings, impro�ements and �i`xtures; a.11
<br /> easemen�s, rights of way, and appurtenances; a[I water, vara��r rights and d�tch rights tincluding sto�k in uti�it�es w��h
<br /> d�tch or ir�-Ega��on righ�s�E and all o�her rights, roya[t�es, and profits reiating to the reai proper�yr in�[uding vvithout
<br /> tr � .
<br /> �i�-nitation all minera[s, oil, gas, geo�herma� and similar ma�ters, {th� Reaf �roperty } lv�at�d f� HaII Cauntyr
<br /> State af Ne�raska:
<br /> L�t F�ur �4�, 1Bia�k SeWen �7�, G�adstv�e Pl�ce, ��and ls�and Ha�! Co�nty, iVe�raska.
<br /> The Rea� Praperty or its address is cnmman�y kno�nrn �s �723 IP1I John ��r G�and lsland, NE
<br /> ����3. �he i�e� Propert�tax �den�ifiGation nurr�h�r is 4��7 3�252.
<br /> REVaLV��VG LINE �F �REDIT. This Deed o�Trust se�ures the Indehicedness including� withau# i�mitativn, a revvluin�
<br /> �ine of cred�ts which obl�g�tes Lende��o make ad�ances�v Borrvwer�o�ong as 6vrrvwer cor�plies►�i�h a!I the�errrgs vf
<br /> �he �r�c�it�Igreernent. Such ad�rances ar��� �e rna�le� repaid, and remade frorn tir�� �c� t�mer sub��c$tv the limi$a#ivn
<br /> th�t�he total vu�standing balance vwing �t any one time, r�ot anc�udirag finan�e c�arges vn such balance at a ��xed or
<br /> rrar�able rate or sum as pa�vvided in the Cred�� Agreemen�e ar�� t�mporary a�erages, �ther charges, and any amoun�s
<br /> expended or adrranced as pro�rided in eithe��he �nde��ecI�ness �aragraph �r this �aragraphr shall nvt ex�eed the Gr�edi�
<br /> Limit as provided in the Credit Agreement. �t is#he�ntent"rvn vf Trustor and tender that this Deed of�rust secures the
<br /> ba�an�e outs�and�ng under the Credit►�greement frvm �i�e t�time from aerv up to the Credi� Lir�it as pro�r�ded in the
<br /> Credit Agreernen#and any intermediate balance.
<br /> Trus�or presently as.signs to Lender 4afso known as 6eneficiary in �his ❑eed o�F Trust� all of Trustor's rightr �it[e, and
<br /> interest in and fo al[ present and fu�ure leases �� the Property and a[� Rents €rom the Proper�ty. !n additson, Trus�vr
<br /> gran�s to Lender a Uniform Gomm�rcia� Code s�curity interest in the Persona[ Proper�y and Ren�s.
<br /> THiS DEED UF T�UST. INCLUDIIIIG THE A55lGNMENT QF RENTS AND THE SE�U�ITY INTEREST �lli THE RENTS�IND
<br /> PERS�iVAL P��P�RTY� �S �iVEN T� SECURE �A} PAY�I[ENT DF THE iNi]EgTE�N=ESS AND �B� �ERF�R�11t�ON�E C3F
<br /> EACH �F TFiUSTQR'S AGREEMENTS ANQ �BLICATIDNS �NDEF� THE GREDiT AG�EENfENT. THE �)ELAIfED
<br /> Q���Jt111EN�'Sx AND TH[S I�EED C]F TRUST. THIS �]EED QF TF�US`f IS GlVE1V AN� ACCEPTED �N THE F�LL�l14��1V�
<br /> �"ER�S:
<br /> TFiUST��'S FiEP�ESENTAT[�NS AtVD 1J�JAR�4NTIES. Trustor warrants that: 4a3 this D�ed a� T�ust is execu�ed at
<br /> 8orrv�nrer's reques� and not at�he reques� o�F L�nder; �b} Trustor has �he ful[ power, right, and auth�rity ta enter un�o
<br /> �his Deed o�Trust and to hypotheeate the Prvperty; {c} th� pro�isions a��his Deed of Trust do not confCict wi�h, or
<br /> resul��n a defaul�under any agreement vr�the�- instrumen� binding upon Trust��-and do not result in a viofation of any
<br /> law, regulation, court decree or ard�r applicab[e �o Trustar; �d� Trustor has estab[ished adequate �n�ans of ob�kain�ng
<br /> from gorr�wer on a continuing basis �nformation about Borrow�r's financia[ condition; and {e} L�nder has made no
<br /> representation to Trustor abou�Barrower {including withou�limi�kativn the creditvvorthiness of Borr�wer}.
<br /> TRUST�R'S 1JVA1VE1�5. Trus��r waives all rights ar defenses arising hy reason of any "one ac��on" or "an�i-deficiency"
<br /> law, or any other !aw ►nrhich may prevent Lender �rom b�inging any action agains� Trustor, includin� a c[aim for
<br /> deficiency to the extent Lender is othe�-wise en-titfed to a c[aim €or deficiency, h�-�ore or af-�er Lender�s cvmmencerr�en�
<br /> or comp[etion of any�oreclosure ac�ion,either Judic�ally�r hy exerc�se of a pvwer o�sale.
<br /> P�YMEIN�'AN� P1E�F�1�MAl1�CE. Except as o�herwise pa-o�ided i�this 1Deed�f Trus�, gorrower sha[� pay to Le�nder all
<br /> fndeb�edness secur�d by thEs D�ed of Trus� as i�t becorr�es due, a.nd Barrawer and Ti rus��r shall perform al[ ��eir
<br /> respec�i��ob[�gatiQns under�he Cred��Agreement,th�s �eed vf�frust, and the F�elated Documen�s.
<br /> ��SSESSlaN AN❑ MAINTENANCE �F THE PR�PIERTY. �3orrower and Trustor agree �ha� g�rrower°s and Trus�vr's
<br /> possessian and use o��h� Property shaE! be go�erned hy the fol[owing pro�isions.
<br /> Possessivn and Use. Unt�� the occurrence ofi an Errent of Defauft, Trus�or may �1} remain in possession and
<br /> contro[of the PrQperty; 42} use, opera�e or manage the Property; and {3} cnllect�he R.-ents from the Prope�--�y.
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