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<br /> �IIJ'HEiI� RE��iR�ED �IIA�L T�: �
<br /> EquitahIe B�nk
<br /> North Locust Bran�h
<br /> 'i'�3-'I 7��Locust S�
<br /> PD Bvx 7 6Q
<br /> Grand�sland,NE �BS��-Q'I�Q F�R RE�Dk�f]ER`S USE�NLY
<br /> �]EE� �F T�UST
<br /> 11l�A�C��1liUlV� L[EN. Th� lien of this Deed of Trust shall not eacceed at any one ��m� $��,�[]�.��.
<br /> TH�S DEED �F T�L1ST �� dat�c� August 8, ��'�4, among Edv�ard H �onr�y and K�m R �onr�y.
<br /> nv$ persanal�y but as Trustees or� b�half of T�e Gonray 1Fa�i�y R.�vflcable Trust, whvse �dcir�ss
<br /> is ��2� IPioneer BIvd, Grand 1sIand, NE ����� �"Tru�tor"�; Equita��e �a�nl�, wh�s� address �s
<br /> N�rth L�cust B�ranch, 'i'i 3-7 7 5 N L�cust �t, P� �ox �6�, �ranc� [s���nd, NE �����-�'���
<br /> {r�f�rred ta beiow �ameta�es as °'Lender'� ar�� som�times a� '°Be��fic�ary"�; and[ Equ�tah�e ��r�k
<br /> {Crand �sland F�egNan}, whose adc�ress �s 'i'i 3-7 7 5 iV Locust �t; P� Box 7��, �r��dC �slan�, �VE
<br /> ��$��-�'i�� �re�err�d ta below as "Trustee"3.
<br /> CO1I�VEYA�IICE AND GRANT. Fvr valuab�e considerafion, Trustor conveys tv Trustee tn trus�r 1NITH P�WER DF S�ILE.
<br /> fo� �he benefi# of L�nder �s Beneficiary, all of Trusfor's right, title, and interest in and to the fio[[owing described real
<br /> property, toge�kher w�th a[I exist�ng or subsequent[y ere�ted a� affix�d bu�ldings, improWemen�s and fixtures; af[
<br /> easements, righ�s a#v►ray, ar�d appurtenances; a[[ wa�er, water righ�ts and d'itCh righ�s �Enc�uding st�ck in utilit��s with
<br /> ditch or irrigat�on righ-ts}; and aIf other righ�ks, royalfiies, and profits relating to fhe rea! property, �ncludfng withou�
<br /> �imita-�i�n a[[ m"rnerals, vil, gas, geo�herma[ and simi�ar ma�ters, {the "Rea� P�'vp��'ty°'} Iv��$�d �n HALL
<br /> ���an�y, S�ate v� Neb�as�a:
<br /> - L�T �BVE �1}� PAR�1l�E� F�L]F�TH SUB�]�V�S[�N �`� TF�IE C[`f�( C]F ��AN� �SL��IID� F-I►4LL
<br /> ���J�VTI�, iVEI���S�A.
<br /> AN�
<br /> L�T E�GF-��fEIEN �'��}, BL�C� ��VE 4�}r FAII��AY �R��S��VGS AT I�VD�A�IIHE�D G�LF �LUB
<br /> FIF�SI�' S�J�DIV�S1Qi1�, 1N �"HE �l�Y �F GF�►�lVD 15LA11[�, �-iALL ��UillTV, N�B�AS[C�
<br /> T�� Reaf Prop�rty or �ts address is commor�ly I�nv�►vn a� �a�6 P���VEE� ��1lD & �'I 7 a �T.
<br /> AIVDREINS Gll�, G�AND 1SLAND, NE 6�8�'I. The Re�i Property t�x �dentific�tion nu�nb�r is
<br /> 4���7fv�'72 � 4�f347Q�7�.
<br /> F�EV�LV�jVG L1NE QF CRED��'. This 1]eed of Trus� secu�es the Int�ebtedness inc�uding, w�thou# Iimitation, a revolr�irag
<br /> �ine of G�e�it,�►rhich ob�ig�ates Lende�to�nake ad�ran�es to��rrvwer sv ivrag as Borrvwer�ornp�ies v+r�th�!I the#errns of
<br /> th� �re�it Ag�eement. �uch ad��nces rr�ay be madep repaici. �n� rerr�ade fram time tv tirraed sut��ec�tv the ��m�t��ion
<br /> tha���e�ota! au�s�anding �aIance owing at any one t�r�neE n.ot incIud�ing financ� cha�rges on su�h balance a� a �ix�� �r
<br /> r�ar�able rate or surrg as �r�videc� �n the Cre�jt A�r�et�e��r �ny temporary vverag�s. v�her charges, and any amoun�s
<br /> expended vr a�vanced as prnvided in either �he lndebtedness parayraph or this paragraph, sha1� nat ex�e�d �he C�ec�it
<br /> Limit as prvWided in�he Crec�it Agreement. [�is the in#�nfio�n vf �Trustn'r;and Lender tha�this Deed o��rus�secures the
<br /> baian�e vutstand�ng under the Cred��Agreement from time ta�ime frvrn zero up t� #he Credit Lirni�as pravid�d in�he
<br /> C�ee�it Agreement and any�ntermedia�e ba�an�e.
<br /> Trustor presen�ly assigns �o Lender �a[so knoWvn as geneficiary in this D�ed of Trust} all of Trustor`s right, title, and
<br /> interest in and to a!i present and future �eases ❑f the Prvperty and ai[ Rents �rom �he Property. ln addition, Trustor
<br /> gra�ts to Lend�r a UnE-�a�m Commereia[ Co�e security interest in the Personai Property and Ren�s.
<br /> �'HIS DEEa �F TF�UST. �NCLLlD��IIG THIE ASSIGNMENT �F REIV�fS�ND�fHE SECU�ITY �N�E�EST ��[`fHE RENTS AN�
<br /> PERSDiVAL PRQPERTY, IS �lVE1V T� SECURE {�4� PA�Ci�lIENT AF TI-IE INDEBTEDNESS Al1�.D ��� ��RF�F��1llANCE OF
<br /> EA�HI �F �CRUSTDF�'S AGIR�EI�l�ENTS AND �BL�GATI�IIIS UNDFR TH[E CREDI�' AGRE��IJlE1V�'s 1'HE ��LATE�7
<br /> ���UtVIENT'S, A1VD T'H�S DEED �F T�UST. TH1S DEED �F T�LJS`� IS Gl�1E�V A►ND A+C�EP�'E�] �i� THE F�LL�VIl�1VG
<br /> �ER�1!!S:
<br /> TF�UST�R'S REPRES�NTAT1�11IS AND WARRANT�ES. Trustor warrants that: {a} this Deed o�r 1"rust is execut�d a�
<br /> Borrower's �equest and nofi afi the request o� Lender, tb� Trustor has the fu[[ pvwer. rEght, and authori�y�o enter in��
<br /> �his Deed af Trust and to hypothecate the Prope�-ty; �c} the pro�isfons o�this D�ed of Trust do nat conflict w�thr �r
<br /> result in a d�fau[t under any agreement vr other irtstrumen�bind'rng upon Trustor and dv nat result �n a vEvlation �f any
<br /> [avtir, reguia�ivn, court decree or order applicab�e �ta Trus�vr; �d} Trus�or has established ad�qua�e means vf obtair�ing
<br /> from Borrowe� an a continuing basis in�ormation aboufi gorrower's financial condition; and �e� Lender h�s made no
<br /> rep�esentation to Trustor about Borrower �inc�uding vv�thou�iimi�a�E�n the creditv►rorthine;ss o�Borrower}�
<br /> TRUSTai�'S WAIVERS. Trust��r wai�es a[[ righ�s or de�Fenses arising by reason o�any "one acrt�on" or "anti-deficien�y"
<br /> Iaw� or any v�her' law v►rh��h may prevent Lender fr�m bringing any activn against Trustor, in�luding a clairn frvr
<br /> deficiency fio �he extent L�nde� is �therwise en�i�[�d to a c�a��n �For defi�iency, be�ore ar a�-ter Lender's comrrienc�ment
<br /> �r com�let�or�of any��rec[osure activn, either judicially vr b�exerc�se o�a powe�v�sa[e.
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