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<br /> WHEN REC[]RDED M►41L T�:
<br /> Ex�hange Bank
<br /> GI-Allen Drive Branch
<br /> 1��4 AI1en Dr
<br /> PC� Bvx 5793
<br /> Grand�sland, NE 688�2 F[�R RECOR�ER'S USE DNLY
<br /> DEE� �F TRUST
<br /> THlS DEED �F TRUST is dated July �"I. ���5, among Troy L Huff AK►4 Tray Huff and Tamie
<br /> Huff AKA Tam�e Seitz, whvse address is �29 E Snuth Street, �rand Island. NE F�8U1
<br /> t"Trustvr"�; Exchange Bank. whose address �s GI - Allen Dri�e Branch, 'I�U4 Allen Dr. PD Bax
<br /> 5793, Grand Island. NE �SS�2 �referred tv below sametimes as "Lender" and s�metimes as
<br /> "B�neficiary"�; an�! Ex�hange Bank, whose address is PDB 7�D. �ibavn. NE 68�4U �referred to
<br /> befaw as "Trustee'"�.
<br /> CQNVEYANCE ANa GRANT. Far valuable�ons'rderativn.T�ustor conrreys ta Trustee in trust. 1NITH P�WER DF SALE.
<br /> for the benefiit o# Lender as �en�'ficiary, all of Trustor's right, title, and int�rest in and tv the fvllowing described rea�
<br /> proper�Cy, together with a[l existing ❑r subsequently erected or affixed buildings, impra�ements and fixtures; all
<br /> easements, rights af way, and appurtenances; all water, water rights and ditch rights �including st��k �n u�ilities with
<br /> ditch or irrigation rights); and a!I ❑ther rights, royalties, and prvfits relating to the real prvper�y, incfuding without
<br /> limitation all minerals, ai1, gas, geathermal and similar mat��rs, �th� "Real Property"� lo�ated in HALL
<br /> County, State r�f Nebraska:
<br /> The Sautherly �3 feet of Lat � and the �ortherly 4� f�et af Lv# 5. Block 'I'!, Claussen
<br /> �vuntry View Addit�an tv the �ity af Grand Island, Hall Caunty, Nebraska
<br /> The Real Praperty ar its address �s �ommvnly knvwn as '���7 S PLUi�II ST, GRAND 15LANa,
<br /> NE �88�'I. The Real Property tax identificativn num�ber is 4U��3�"I 04.
<br /> CR�SS-��LLATERAL�ZATi�N. In addition �o the N�te, this Deed of Trust secures all abligations, debts and liabifities,
<br /> plus interest thereon, of either Trustor or Borrower ta Lender, ❑r any ❑ne ❑r mor� of �hem, as wefl as a!! claims by
<br /> Lender agains# Borrawer and Trustvr or any ane vr more of them, u►rhe�her na►nr exis�ting vr he�eafter arising, whe�her
<br /> related ❑r unreiat�d t❑ the purpose of the Nvte, wheth�r va�untary vr Qtherwis�, wheth�r due ar not du�, direct or
<br /> indirect, de�erm�n�d or undetermined, abs4lute o� contingen�, liquidated ar unliquidated, whether Borrow�r �r Trustvr
<br /> may �e �iable indi�idually ar jointfy with vthers, whether obliga�ed as guarantar, surety, accommodation party or
<br /> vth�rwise, and whether reca�ery upan such amounts may be or herea�ter may become barred by any statut� of
<br /> I�mitativns, and whether the obligation ta repay such amoun�s rnay �e ar hereaft�r ma� be�ome otherwise
<br /> unenforceable.
<br /> REV�LVING LINE QF GRED�T. This �eed of Trust secures the lndehtedness inc[uding, withvu� 1imi�tatian, a revo��ing
<br /> line of Gredifi,wh�ch ohligates Lender to make ad►rances tv Barrawer sv long as Borr�wer cornpli�s wi�h all the�t�rms o�
<br /> thg Not�.
<br /> Trus��r pres�n�ly assigns fiv Lender �afsv known as Beneficiary in this Deed of Trust} a11 a� Trustor`s ri�ht, title, and
<br /> in#eres� in and to all present and future leases of the Property and akl Rents frvm the Prvperty. !n addition, Trustor
<br /> grants to Lender a Uni�orrn Commercial Code se�urity interest in th� Persanal Prvperty and Rents.
<br /> FIJTURE ADVANCES. fn add�tivn �o �he fVate, this Deed of Trust secures a11 future advances made by Lender �o
<br /> Barrower or Trus�o�whether or not th� ad�an�es are made pursuant ta a �ommitment. Speci#ica!!y, without Eimita�ion,
<br /> this D��d vf Trust secur�s, in addi��vn t❑the amounts specified in the N��e, a�� future amounts L�nde� in its discretion
<br /> may foan to garrawer or Trustor, together with all interest thereon.
<br /> TH�S DEED�F TRUST.�NGLUDING THE ASSIGNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AI'VD
<br /> PERS�NAL PR�PERTY, IS GIVEN T� SECURE �A� PAYIVIENT�F THE INDEBTEDNE55 AND �Bf PERFORMANCE DF
<br /> ANY ►4ND ALL �BLi�AT1aN5 UNDER THE NaTE, THE RELATED a�3CUMENTS. ANQ TH15 DEED �F TRUST, THIS
<br /> DEEI7 aF TRUST!S GIVEN�4ND ACCEPTED nN THE F�LL�VI11iVG TERIVIS:
<br /> TRUSTDR'S REPRESENTATI�NS AND WARRANTIES. Trustor warrants that: �af this Deed of Trus� is �xecuted at
<br /> gorrower's request and nat at th� request ❑� Lender; �h� Trustor has the �ull power, righfi, and authori�y to en�er in�o
<br /> this Deed of Trust and to hypathecafie the Property; tc� the pro�isions ofi this Deed n�Trust da nat �onfliG�t with, or
<br /> result in a default under any agreem�nt vr v�he�ins�rumen� binding upvn Trustvr and da not result in a�iafation af any
<br /> law, regufat�vn, caurt decre� nr vrder applicable ta Trustor; =dy Trustor has esta�lished adequate means of vbtaining
<br /> from Barrower vn a Gontinuing �asis in�ormatian abaut Borrower's financiai c�ndition; and te� Lende� has made no
<br /> representation ta Trustor abvut Borrower�includin�wEthoufi Gmitation th�creditworthiness vf Barrvwer�.
<br /> TRUST�R'S WAIVERS. Trustor wai�es a�i rights or de�enses arising by r�ason af any "one actian" or"anti-deficiency"
<br /> law, ar any athe� law which may prevent L�nder fram bringing any a�tion against Trus��r, inciuding a claim for
<br /> de�i�iency��the extent Lender is o�herrrvise entitled ta a �laim �ar defici�ncy, before or after Lender's commencement
<br /> vr campietivn of any foreclosure a�tion, either judicially or by ex�rcise of a po►►ver of saf�.
<br /> PAYMENT AND PERFflRMANCE, Except as otherwise pro�ided in this Deed of Trust, g�rrower and Trustar shall pay to
<br /> Lender all lndebtedness se�ured by this Deed o� Trust as it becames due, and Borrowe� and Trustor sh Il strictly
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