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rn - rn � � � � rn� � � � �� n �m R] rn � = �o rn � �� � = az � C �� o � —� Q �Z � � �� m � � 00 � �� Cn � � rn �� � � rn� � � =c�n � � - �o � � � � �� r� � a�o � �,�, rn � �rn � � � � � � � � � � � VIIHEN REC�RDED �IIAIL Tf]: Ex�hange Bank �I-Alien Drive Branch '1244 Allen Dr PD Bax 5793 �rand lsland, NE �88�2 FDR REG�RDER'S U5E�NLY DEED �F TRLJST TH15 DEED �F TRUST is dated August 2�, ��'f 5, am�ng []AN�EL E RDTH and JENNIFER I R�TH, Husband and Wife �"Trustvr"�� Exchange Bank, whose address is �l - A�[en Dri�e Branch. 'I��4 Af1en Dr. PU Box 5793. Grand lsland. NE 6�8�� referred ta belaw sametime� as "Lender" and somet�mes as "Ben�ficiary"�; and Ex�hange Bank, whvse add�ess is P� Box 397, Kearney, NE F8848 �ref�rred tv �elow as "Trustee"'�. CQNVEYANCE AN❑ GRANT. For �aluable Gonsiderativn. Trustor c�nUeys tn Trustee in trust,WITH PDWER DF SALE, for the benefit �f Lender as Bene#iciary, all of Trustor's right, title, and interest in and �o the fallowing descr�hed reai property, toge�her with all existing or suhs�quentfy erected vr affixed building�, impro�ements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights {including s�ock in utilr�ies ►nrith ditch or irrigatian righ�s�; and all other rights, royalties, and pr�#�ts refating �a the reaf p�aperty, incfuding withvut limitation aEI minerals, oil, gas, geotherma! and simila� matters, �th� "Reai Praperty"j Iv�ated in HALL C�unty, �tate of Nebraska: L�T SEVEN �7�. RD�S HE�GHTS SUBaNVI�I[�N, IN THE CITY DF GRANa ISLaND. HALL ��UIVTY, NEBRASKA. The Real Pr�p�rty vr �ts ad�ress is cvmmvnly knvv+►n as 4153 AR�Z�IVA AVE, GRAND ISLAND, NE �88�3. The Real Praper�y tax identificatron number is 4��'1�'1��5. REVDLVING LiNE ❑F CREDIT. This Deed o#Trust sgcures the Indebtedness including, without limitation, a re�vlvin� line af�redi�t, whi�h vbligates Lender to make ad�ancss ta Borrower sv Ivng as Bvr�ower complies wi#h all the terms vf the Credi�Agreem�n�. 5uch advances may be made, repaid, and remade frvm time tv time, subj�et�o fihe limita�ion that the tata� outstanding balan�e vwing at any �ne tirne. nvt in�luding finance �harges on such ba�ance at a fixed or �ariaE�le ra�e ar sum as pro►rid�d �n fhe Cr�dit Agreemen�t, any temporary o►►erages, ather charges, and any amounts expended ar advanced as pro�ided in eith�r the Indebtedness paragraph ❑r this paragraph, sha!! not exceed the �redit Limit as pro�ided in the Credit Agreement. !t is the�ntentivn of Trustor and Lender that this Deed of Trust secures the batance outstanding under the �redit Agreement from time�o time f�'om z�ra up t❑the Gredit Limi#as prvvided in the Credit Agreement and any interme�itate halan�e. Trustor presently assigns to Lender �alsa knawn as Bene�iGiary in �I'li5 D�ed af Trust} alf of Trustor's righ�t, title, and interest in and to a!� present and future leases of the Property and all Rents from the Property. 1n addition, T�ustar �rants tv Lender a Unifarm Commerciai Gode security interest in th� Personal Property and Rents. THlS ❑EED�F TRUST, INCLUDfNG THE ASSIGNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSDNAL PR�PERTY, IS GIVEN TD SECU�iE �A} PAYMENT �F THE INDEBTE�NESS AND �B� PERFaRMANCE flF EACH �F TRUST�R`S AGREEMENTS AN❑ �BLlGATI�]N5 UNDER THE CREDIT A�REEMENT, THE RELATED D�CUMENTS. AND THI� ❑EE❑ aF TRUST. THIS DEE❑ OF TRUST 1S G�VEN AND AC�EPTE❑ DN THE FDLL�WING TERMS: TRUST�R'S REPRESENTATi�NS AND 11VARRANTIES. Trustvr warrants tha�: ta� this Dee� o� Trust is executed at Barrflwer's request and nat at the request af Lender; �b� Trus�or has �he full pow�r, right, and authority to enter intfl this Deed vf Trust and to hypothecate the Property; �cy the provisions ❑f this Deed of Trust da not conflict with, or resutt in a default under any agreemen�vr other instrurnent hinding upon Trusfior and da nat resu�t in a violat�an �f any law, regu�ation, ��urt d�cree ar arder appli�abfe to T�ustor, �d� Trustar has established adequate means ❑#❑btaining from g�rrower on a continuin� basis infa�mation ahaut Barrower's #inancial �andition; and te} Lender has rnade nv repr�s�ntation to Trus�or abaut Borrawer �including withaut lirnitation the creditworthin�ss of Barrvwery. TRUSTQR"S WAIVERS. Trustar wai��s all ri�hts o�def�nses arising by reasvn vf any "one activn" or "anti-defE�i�ncy" law, or any ather faw which may prevent Lender from bringing any a�tion agains# Trustvr, including a claim #or defi�iency to the extent Lender is atherwise entitled to a �laim for deficiency, before �r after Lender's comrnen�ement vr campletion❑f any fareclosure action, eith�r judicialfy or by exercise o�a power flf sa�e. PAYIVIENT AND PERFORMAN�E. Except as �therwise prflvided in this ❑eed a�Trus�, Borrawer shalf pay ta Lender all Indebtedness secured by this Deed of Trust as it be�ames due, and g�rro►nrer and Trustor shall perform al1 their respectE�e obligativns under the �redit Agreement,this D�ed of Trust, and the Relat�d ❑ocuments. P�S5E5S��N AN❑ MAINTENANCE �F THE PROPERTY. Ba�r�wer and Trustvr agree that Borrower's and Trust�r's passession and use❑fi the Prflpe�ty shal!be governed by the�follawing pro�isions: Possession and Use� llntil the v�currence af an E�ent of ❑efault, Trustor may t 1} rernain in possession and �ont��!o#�he Property; �2� use, operate or rnanage the P�operty; and �3} �ollect the Rents frorn the Property. Duty to Maintain. Trusto� shall maintain the Prvper#y in gaod condition and prvmptly perfiorm all r�pairs, replacem�nts,and rnaintenance necessary to preser�e�ts�alue.