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<br /> WHEN RE��FtDE� MA�L T�;
<br /> Exchange Bank
<br /> G�-Allen Dri�e Bran�h
<br /> ��4�Allen Dr
<br /> P�Bax 5793
<br /> Grand Isiand.IVE f884� F��REC�RDER'S USE ONLY
<br /> DEED C]F TRUST
<br /> THIS DEED �F TRUST is dated July 2'i. ��'I5, among 5andra K Huff and Troy L Huff, nat
<br /> personally �ut as Trustees on behalf af June M. Frank Revv�able Trust �"Trustvr"�; Exchange
<br /> Bank, whose address is GI -Allen DriWe B�anch. 12�4 Allen Dr, P� Bnx 5��3. Grand island, NE
<br /> �88�2 treferred tv be�aw svmet��nes as "Lender" and sometimes as "Benefic�a�y"}; and
<br /> Exchange Bank, whos� addr�ss is PDB 7��. Gihbon, NE �884� �referred ta befow as
<br /> "Trustee"�.
<br /> C�NVEYANCE AND�RANT. For �aluable consid�ration,Trus#or�on►r�ys ta Trustee in trust.WITH P�WER�F SALE.
<br /> for the bene�it of L�nd�r as Beneficiaryr dII Qf TCllS�DCrs right, title, and interest in and t� t�e falfowing described r�al
<br /> prope�ty, together with all existing or subsequently ere�ted ❑r affixed huildings, impra�ements and �ixtures; all
<br /> easements, righ�ts of way, and appurtenances; a11 water, wat�r �ights and ditch rights �in�luding sta�k in utilities v+rifih
<br /> di#ch �r ir�igation rights�; and all vther rights, raya�ties, and profits relating tv the reai praperty, including withaut
<br /> limitation all minerals, oil, gas, geothermai and sim�lar ma��ers, �the "Reai Prope��y"f Iocated in HALL
<br /> Caunty. State of Ne�raska:
<br /> Lat Fir►e �ay, Anders�n Subdivisivn in the City af Grand Isiand, Ha�� �aunty, N�braska;
<br /> Lot Twv Hundred Two {����. West Lawn, in the City of Grand Island. Ha�l Caunty.
<br /> Nebraska; and
<br /> La# 5even �7� and the Svuth Half t5'II2� of Lot Fi�e �5]. Black Twenty Faur {Z4}, College
<br /> Additivn �ta West Lawn, �n the City af�rand Island, Hall ��unty, N�braska
<br /> The Real Property or its address is comman�y knawn as 'I D�'I S VlNE. 1�24 N HUST�N, AND
<br /> ��28 N HUST�hl, GRANa ISLAND. NE. The Real Property tax identificatian number is
<br /> 4D���84�8, 4���'��9a�, 4D��3533�.
<br /> CROSS-COLLATERAk.iZATI�N. !n additivn�o the Note. this ❑eed of Trust se�ures alf obl�gations, d�bts and fiahili�ies,
<br /> pfus interest thereon, o�Trustor ta Lender, or any one vr more of them, as we�l as all �laim� by Lender against Trustor
<br /> or any ❑ne or more o�them, whether now sxis�ing or hereafter arising, whe#her related or unrefated to the purpvse of
<br /> th� Nv�e, whether �aluntary ar ath�rwise, whether due or not due, dire�t or indirect, determined ❑r und�tsrrnin�d,
<br /> abs�lute vr �onting�n#, liquidated or unliquidated, whether Trustor may be fiable indi�iduafly ar jointly with vthers,
<br /> whether ohligated as guarantor, surety, a�comm�da�ivn party ar otherwise, and whether recv�ery up�n such amounts
<br /> may be or hereafter may become barred by any statute af limftations, and whether the obligation to repay such amounts
<br /> may be or hereafter may become atherwise unenforceabl�.
<br /> REV�LVIN� LiNE �F CREDIT. This Deed af Trust seGures the lndebtedness includ�ng, wi#hout limitation, a re�oivin�
<br /> lin�v#cr�dit.whi�h obligates Lender to mak�ad�an�es ta Trustar so long as Trustor comp�Ces with all the terrns of the
<br /> Nv#e.
<br /> Trustor presently as�igns to Lender �also known as 8enefiiciary in this ❑eed af Trus#y all of Trustor's right, tit�e, and
<br /> int�rest in and to all present and future leases o�the Pr�perty and all Rents #rom th� Praperty, fn addition, Trus�or
<br /> grants to Lender a Uni�orm Cvmmercial Cad�se�urity�ntere5t in the Persvnal Property and �ents,
<br /> TH15 ❑EED DF TRUST. IN�LUDiNG THE A5SlGNMENT �F RENTS AND THE SECURITY INTEREST IN THE RENTS ANa
<br /> PERSDNAL PROPERTY. IS GIVEN T�SECURE �A� PAYMENT QF THE INDEBTEDNESS A�ID �Bf PERFQRMANCE DF
<br /> ANY AND ALL �BLIGATIDNS UNDER THE N�TE, THE RELATED DDCUMENTS, ANQ THlS fJEE❑ QF TRLJST. TH15
<br /> DEED�F TRUST 15 G1VEN AND ACCEPTED�N THE FaLL�WiNG TERMS:
<br /> PAYMENT AND PERF�RMANCE. Ex�ept as otherwis� provided in this ❑e�d of Trust, Trustor shall pay tv Lender af�
<br /> amaunts secured hy �his �eed �f Trust as they becom� due, and sha�i strictly and in a timely manner perform al1 �f
<br /> Trus�4r's�bligativns under the Note,this Deed of Trust, and the Related Documents.
<br /> P�SSESSI�N AND MAIIVTENANCE �F THE PR�PERTY. Trustor agr��s that Trustor's possessian and use af the
<br /> Praperty shali be gvverned by the fvllawing prv�isions:
<br /> Pvssession and Use, Until the ❑ccurr�nce ❑f an Event �f Defiaul�. Trus�or may �1� rema�n in possessivn and
<br /> control af the Praperty; (2� use,flperate❑r manage the Praperty;and �3y coliect the Rents from the Property.
<br /> Qu�y to Mainta�n. Trustvr shall main#ain the Property in tenantah�e condition and pramptly perform all rspairs,
<br /> replacements, and maintenan�e necessary to preser�e its�alue.
<br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender thart: �1� During the period ❑f
<br /> Trustor's awnership of the Property,�here has been no use, generati�n, manu�Facture,starage, treatmen�,disposal,
<br /> reiease or threatened r�lease ❑f any Hazardous Subs�a�ce by any person vn, under, abvut�r from the Praperty;
<br /> ��� Trustor has no knawl�dge af, ❑r r�ason to belie�e that there has heen, except as pre�ivusly dis�losed t❑ and
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