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<br /> �HE� REC�ROED �;��L T�:
<br /> First National Bank of C�maha
<br /> 2�23�nd A►re
<br /> K:��t�ne . �� 6�847 F�R REC�RDER'S L]5E alVtlf
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<br /> � ��4�0������5�
<br /> [��ED �F T��J�Y
<br /> �A�I�U�;LIEN. The lien of this ❑eed of Trust shalr not exceed at any one �irr�e $��,�?"�.�7.
<br /> THI� DEED �F T��US� is dat�d February '�7, ��'15, amvng �ar�'rn Arellano and �argar�i�a
<br /> ►4r�llan�, Husband a�nd �`tfe, as Joint Tenant� �''T°rus�or�'�; F��st Na�i�n�:� �ank vf�maha, v���s�
<br /> address �s Branch ��:��, ��23 2nd A�e, Kearney� :�E �884� �referred tv �el�►n� some�imes a�
<br /> "Lender'r and sometirn�s as ���eneficiaryr'�; and First �;�ationaE Bank af�rnaha, wh��e address is
<br /> 'I��� Dodge 5treet Sf�p Cade ��4�, �maha, NE ���197 ��eferred �o be�ow as "T�rus�ee"}.
<br /> C�NVEYANCE AND GRANT. Fvr�a[uab[e cvnsiderati�n, Trus#vr con�reys tv Truste� in trust,WiTH P�VIrER�F SALE,
<br /> f�r the �enefit vf Lender as �enefi��ary, all of Trustor's right, �i#le, a�d in��rest in and ta �h�:fvl�awing described real
<br /> property, �ogether with afl �xisting or subsequen�ly erected or a�fixed buildings, i�npro��ments and fx�ures; a[I
<br /> easements, rights of way, and appu�tenan�es; alf water, water rights and d��ch rights ��ncluding s�ock in util�ties v�ith
<br /> � ditch vr irri�ga�i�n righ�s}; and all vth�r rfghts, rvyalties, and pro�i�s re�ating to �he real pr��erty, inc�uding withou�
<br /> �imita#inn aEl minera�s, oil, gas, gevthermal and similar ma##�rs, �the "Real F�roper�y"'� lvcated in I��l[ County,.
<br /> S#��e of Nebraska:
<br /> The ��sterly �r�e Ha�f of L�t Three �� 'IIZ af 3�, Block Sevenfi� ��'�} �n �h� Qrig�na� Tow�
<br /> naw �City of Grand lsland� H���� County, Nebraska. �
<br /> The Real Prvperty ar its addr�ss is �ommon[y kn�wn �s 4�7 E 3rd St, Grand ���and, �.E
<br /> �88�'!� The ��a� Prop�er�y tax id�ntif�cati�n number is 4��D�5�33,
<br /> Trus�or pr�s�ntl� assigns �o L�nder {a[so kr�own as Be«efi�iary �n �hi� Deed of Trus�} al! of Trus�or's right, �itle, and
<br /> interest ir� and ta alI present and future I�ases a�F�he Property and a!I Rents frvm the Property. [n addifiivn, Trustor
<br /> grants�o L�nd�r a UnEfnrm Comme,rciaf Code security interest in the Persona[Prope€ty anc�Rents.
<br /> Tl���.DEE❑�F TRUST, I�I�LL]�ING THE�ASSIGNMENT QF RENTS AND THE SE�URITY INTEREST IN THE I�EhITS AND.
<br /> PERS�NAL PR�PE�.TY, IS�lVEN T�SECURE �A} PAYIVI�NT nF THE INDEBTEDNESS AND �B} PERF4RI�IIANGE �F .
<br /> ANY AND ALL QBLI�ATI�NS IJNDER THE NaTE, TH� RELATE� ❑(]�C[J�r'fENTS, AND THIS �EED aF TRLJST. TH1S
<br /> DEED�F TR�ST I��IVEN AND ACCEPTED�N THE F�LLO1NiNG TER�S:
<br /> PAYI�ENT AND PERF�f���4NCE. Except as otherwise pro�ided in fihis Deed af Trust, Tru�tar sha�[ pay tQ Lender aIl
<br /> arr�v�nts secure� by thEs ❑eed af Trust as they become �due, and shall strictEy and in a timely manner perfarm a(I of
<br /> Trustor's obliga�ions under#he Note,this C�eed v�Trust,and fhe Re�ated Do�umen�s.
<br /> P�SSESSI�N AND MAINTENANCE �F THE PRQPERTY. Tru��or agre�s tha� T�ustvr's possession and use of the
<br /> Pre�perty shall be go�ern�d by the follvwing pro�isivns:
<br /> Passe�sian and Llse. LJnfiil the occurrence of an Event of ❑efaulfi, Trustor r��ay �'!� �ema�n in possession a�d
<br /> c�ntrvi of the Property; ��} us�,operate vr manage the Property;and �3} �oliect the Rents�ro�the Property.
<br /> Duty #v Maintain. T�us�v�r shall maintain the Pr�perty in go�d conditian and prompt[y perform all repair�,
<br /> replacements,and rr�aintenano�necessary#a preserv�i�s�alue.
<br /> Complian�e With En�ironmental La►Ns. Trus�or represents and �varrants�o �_ender tha�: �'1} During th� periad of
<br /> Trustvr's ownership af#he P�op�rty,t{�ere has been no use,g�neration, manuf�c�ure,storage, �r�atmer�t,dispvsal,
<br /> re�ease �r�hr�eatene� release of any Ha�ardvus 5ubstanc� by any persvn ❑n, under, about �r��om the Property;
<br /> �Z} Trustor has n� knowledge a�, ar reason �v be[ie�e �hafi ther� has been, except as pre�iQus�y dis�losed to and
<br /> acknovvledged by L�nder in writing, �a} any �ireach or uivlat�on af any Enviranmen�al La�vs, {b} any use,
<br /> generati��, manufacture, s�orage, treatmen�, disposal, rel�ase vr threatened re[ease of any Hazardous 5ubstanc�
<br /> ❑n, under, about vr�Frvm the P�aperty by any prior ❑wners �r aceupants o�th� �raperty, or �c} any actua� ar
<br /> threat�ned litigatian or�laims of any kind by any person relating �o such matters; and {�} Except a� previously
<br /> disclosed�o and ackr�awledged b�Lender in writing, �a} neither Trus�vr nor any tenant,contractvr,agent❑r o#her
<br /> au�hori�ed user of��he Pr�perty sha1� u�e, generate, manufa�ture, s�or�,treat, dispvse vf or release any Hazardaus
<br /> 5ubstan�e�r�, under, about�r from the Proper�y;and �b} any su�h acti�r�y s�all be�ondu�ted in comp[ian�e vvith
<br /> a�l applicable federal, �tate, and �oc�l lav►,+s, regu���i�ns and o�dinances, includEng w�thout limit�tion all
<br /> Er��ironment�l Lavirs. Trustor �uthorizes Lender and its �gents �o enter upon fihe P�op�er#y �o mak� such
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