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<br /> �IVHEN RE��R�ED MA[L T�:
<br /> Ex�hange Bank
<br /> G1-Allen DriWe Branch
<br /> '!�Q4 Allen Qr
<br /> P� Bvx a793
<br /> Grand Island. NE CgSQ� F�R REC�RDER'S USE�NLY
<br /> DEED C]F TRUST
<br /> THIS aEED �F TRUST is dated IVtay 2'i, ��'I 5, among JIJAN F. PERE�-SUCH[T� and RAQUEL
<br /> SANT�AG�. H usband and Vllife �"Trustor"}; Exchange Bank, whvse address is G! - Allen Dri�e
<br /> Branch, 12q4 Alfen Dr, PC] Box 5793, Grand Island. NE �88�� �referred ta belvw svmetimes
<br /> as "Lende�" a�d sometimes as "Benefi�iary"�; and Exchange Bank, r►vhose address is P� Bv�c
<br /> 397. �earney. NE �8�48 �refer�red to be�ow as "Trustee"�.
<br /> CDNVEYANCE AN❑ �RANT. Far�aluable �vnsideration, Trustor con�eys tv Trustee in trust, WITH PDUVER ❑F SALE,
<br /> far the hsne#it �f Lender as Benefi�iary, a[[ Q� Trust�r's right, titl�, and in�erest in and ta ths following described real
<br /> p�operty, together with all existin� ar subsequ�ntly erected or affixed buildings, impro�ements and fixtures; all
<br /> easemen�s, righfis o�r way, and appurtenances, a11 wa�er, wa�er rights and ditch rights �including stock in utilities with
<br /> dtt�h or irr�iga�+an �ights�; and al� �theT r�ghts, r�yaliies, and prafits r�elatin� to the rea! property, including without
<br /> limitativn all minerals, oil, gas, g�othermal and similar matters, �the "Real P�"vpe�'ty"f �vcated in HALL
<br /> �vu nty. State of N ebras ka:
<br /> THE �111ESTERLY THfRTY-THREE t33� FEET �]F FI�ACTI4NAL L�T �, FR►4CT14NAL �LC]CK
<br /> C]N� HUNDREC� F�LJR �'��]4y, RAILR�AD ADDITI�N, ��TY �F �RAND NSLAND, HALL.
<br /> CDUNTY. NEE3RASKA, AND ITS C�iIJ�PLEMENT T� WiT: FRA�TIDNAL L�T SIaC ���,
<br /> FRACTI�NAL BL�CK �NE HUNDRED F�UR ='1 C�4�, K�EN�G AND 'VIl1EBE'S ADDiTI�N, CITY
<br /> �F GRAND lSLAND, HALL C�UNTY, NE6RAS�lA.
<br /> The Real Property or its address �s cammanly known as 4�Q V�1 CHARLES 5�", GRAIVD �SLAND.
<br /> N E 68$U'I. The Rsai Property tax identifi�atian number is 4���5���Q.
<br /> REVOLVING LINE �F �REDIT. This Deed v� Trust se�ures the In�lehtedness �ncluding, without limi#atinn, a revvlving
<br /> iine vf credit, which abligates Lender to matce advances to Borrower so long as Bot�rowe�comp�ies w�th all the terms of
<br /> th� �redit Ag�eemen�. Such ad�ances may be made. �epaid, and remade from time ta t�me, subj��t tv the limitation
<br /> that�he �vtal outstanding ba�ance owing at any vne �ime, n�t including finance charges vn such bafan�e at a f�xed ar
<br /> �ariable rate �r sum as prv�ided �n �the Gredit Agreement, any temporary vverages, ather �harges, and any amounts
<br /> expended ar ad�anced as pro�id�d in ei#her the Indebtedn�ss paragraph or this paragraph, shall no� ex�eed the Credit
<br /> L�mit as pro�ided in the Credit Agreemen�. it is the intention af Trustor and Lender that this Deed of Trust secur�s the
<br /> baian�e outstanding unde�the Credi�Agreement from time ta time from �ero up tv the Credit Limit as pro��ded in the
<br /> Credit Agreemen#and any intermediate ba�an��.
<br /> Trus�or presently assigns to Lender �alsa l�nown as Beneficiary in �his Deed of Trust) all vf Trustar's righ�, ti�le, and
<br /> interest in and ta all present and fu�ure leas�s of the Pr�perty and all Rents from the Pr�perty. In additian, Trustor
<br /> grants ta Lend�r a Uni��rm �ommercial Code security tnterest in the Pers�nal Praperty and Rents.
<br /> TH15 �EED aF TRUST, INCLUD�NG THE AS5IGNMENT ❑F RENTS AN�THE SE�URITY INTEREST IN THE RENTS AN❑
<br /> PERS�NAL PR�PERTY. 15 GIVEN TQ SECURE �A� PAYIVIENT �F THE INDEBTEDNESS ANO {By PERF�RMANCE OF
<br /> EACH DF T�USTaR'S AGREEMENTS AND ❑BLI�ATI�NS UNDER THE CRE�3lT AGREEMENT, THE RELATED
<br /> DQCUMENTS, ANl3 THIS DEE� DF TRUST. THIS QEED (]F TRUST IS G�VE�V AND AGCEPTE❑ �N THE FQLLaVIIING
<br /> TERMS;
<br /> TRUSTOR'S REPRESENTATIQNS AN� WARRANTIES. Tr�s�tor warrants that: �ay this D�ed of Trust is ex��uted at
<br /> gorrow�r's requ�st and not at the request of Lender; �l�� T�ustor has the ful! power, right, and authority tQ ent�r into
<br /> this Deed of Trus�t and ta hypath�cate the Property; �c� the pro�isiflns of this ❑eed of Trust do not �on�lict with, or
<br /> result in a default under any agreem�nt or other instrumen� binding upvn Trust�r and do not resul� in a �iolativn ❑f any
<br /> �aw, r�gulation, cour� decree or vrd�r appli�able to Trustvr; td� Trustor has es�ablished adequa�e means vf vbtaining
<br /> trom B�rrower on a cvntinuing basis �nfvrmation about Barrvwer's financiai condition; and 4�l Lender has mad� na
<br /> represen�ativn to Trus�or about gorrawer �inG�uding without I�mitati�n the creditworthin�ss af gorrow��}.
<br /> TRUST�R'S WA�VERS. Trustar wai�es a11 rights or defenses arising by reason vfi any "one activn" or "an�i-deficien�y"
<br /> law, or any other law whi�h may pre�ent Lender from bringing any action against Trustar, including a claim for
<br /> de#iciency �o �he ext�nt Lender is ❑therwise entitled to a claim �or defiiciency, he#o�e or afiter L�nder's cammencement
<br /> ar completion a�any�Qrec�asure action, eith�r judi�ially o�by�xercise of a power of sale.
<br /> PAYMENT ANQ PERFQRMANCE. Except as o�herwise pro�ided in this Deed af Trust, gorrawer shall pay tv Lender all
<br /> fnd�btedness secured �y thi� Deed of Trust as �t becomes due, and Borrvwer and Trustor shaii per��rm a�t �he�r
<br /> respecti�e obligati�ns under the �redit Agreement, this Deed af Trust, and the Related Documents.
<br /> Pt]S5E5SI�N AND MAINTENANCE DF THE PRDPERTY. Bvrrower and Trustor agree that Borrower's and Trustor's
<br /> possess+�n and use o�the Praper�ty sha�� be go�erned by the ���lowing p�ovisians:
<br /> Pnssessian and Use. Until th� o�currence �f an E�en� of Default, Trustor may �1} �emain in possession and
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