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r i <br />WHEN RECORDED MAIL TO: <br />Exchange Bank <br />GI - Allen Drive Branch <br />1204 Allen Dr <br />PO Box 5793 <br />Grand Island, NE 68802 <br />r- <br />r <br />r <br />n <br />0 3. { Co <br />Cr) <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated December 12, 2014, among ANGEL CORDOVA - SOTELO and <br />ROMELIA ORTIZ DIAZ, Husband and Wife ( "Trustor "); Exchange Bank, whose address is GI - <br />Allen Drive Branch, 1204 Allen Dr, PO Box 5793, Grand Island, NE 68802 (referred to below <br />sometimes as "Lender" and sometimes as "Beneficiary "); and Exchange Bank, whose address is <br />POB 760, Gibbon, NE 68840 (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 />owl 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 to the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL <br />County, State of Nebraska: <br />PART OF THE SE1 /4SW1/4NE1/4 OF SECTION TEN (10), TOWNSHIP ELEVEN (11) NORTH, <br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, MORE <br />PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER <br />OF THE E1 /2SW1 /4NE1 /4 OF SAID SECTION THENCE NORTH 132 FEET, THENCE WEST <br />FOR A DISTANCE OF 100 FEET; THENCE SOUTH FOR A DISTANCE OF 132; THENCE <br />EAST FOR A DISTANCE OF 100 FEET TO THE PLACE OF BEGINNING. ALSO <br />COMMENCING AT A POINT 132 FEET NORTH OF THE SOUTHEAST CORNER OF THE <br />E1/2SW1/4NE1/4 OF SECTION TEN (10), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE <br />(9) WEST OF THE 6TH P.M., RUNNING THENCE NORTH 132 FEET; RUNNING THENCE <br />WEST 300 FEET; RUNNING THENCE SOUTH 132 FEET; RUNNING THENCE EAST 300 <br />FEET TO THE PLACE OF BEGINNING. <br />The Real Property or its address is commonly known as 1620 E 7TH ST, GRAND ISLAND, NE <br />68801. The Real Property tax identification number is 400205866. <br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br />plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. If the Lender is required to give notice of the right to cancel under Truth in Lending in connection with <br />any additional loans, extensions of credit and other liabilities or obligations of Trustor to Lender, then this Deed of Trust <br />shall not secure additional loans or obligations unless and until such notice is given. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to <br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, <br />this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion <br />may loan to Borrower or 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 />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br />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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at <br />Borrower's request and not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into <br />this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not conflict with, or <br />result in a default under any agreement or other instrument binding upon Trustor and do not result in a violation of any <br />law, regulation, court decree or order applicable to Trustor; (d) Trustor has established adequate means of obtaining <br />