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<br /> WHEN REC�F�DE❑ MAiL T�:
<br /> First Na#�vnal Bank of�rnaha
<br /> Branch#�70 -Grand lsland Branch
<br /> 8�a AIlen D r
<br /> Grand island NE G 8 8�3 FQR RECORDER'S USE O N LY
<br /> Fi r '
<br /> �st N�f� n
<br /> � �� ����
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<br /> �EEQ �F ��UST
<br /> M►�XIMUM L1EN. The I�en of this ❑eed of Trus�shal� nvt exceed a� any on�time $'��,SD�.��.
<br /> THIS ❑EED �F TRUS� �s dated Sep�ember 'i S, �Q'1�, am�ng Gregory L. �eis and Sandie 5.
<br /> �eis; Husband and 1Nife �"'Trustvr"}; Fi�st Natianai Bank of �maha, whflse address is Bran�h
<br /> #�7� - Grand is�and Br�nch, 8'1� Al[en Dr, Grand ls[and, NE 6880� �referred t4 below
<br /> som�time� as "'L�nd�r" and some�imes as "Beneficiary'r�; and Fi�rst National Bank of �maha ,
<br /> whas� addre�s �s 8'1 U A[len Dr. , Grand Islan.d , IVE �$8D� 4�-eferred �o belv►►v as 'rTrustee"},
<br /> CONVEYANCE AND GRANT. For�aluable consideratian, Trustor can�eys tn Trustee in trusf,WITH PDVIrER OF SALE,
<br /> fvr the benefi�af Lender as BenefiGiary, al[ of Trustor's right, ti�le, and interest in and #a the #ollovving described real
<br /> prop�rty, �agether wi�h a!I ex�s�in� or subsequently erec�ed �r affixed buildings, irnpro�ements and fxtu�es; all
<br /> easements, righ�s vf way, and appurt�nan�es; all water, water rights and ditch rights tincluding s�vck in u#ilit�es wi�h
<br /> ditch �r irrigation righ�s}; and all ather rights, roya[ties, and pr�fits relatin �a the real prapart , �ncluding withvut
<br /> limita�ion all min�rals, oil, gas, �eotherma�and simi4ar matters, ��he ��I�e�l �rvpertyr'} �aGa�e�in HaII Cvunty,
<br /> �tate of N e b ras ka;
<br /> � Lv� Twelve �'1�} and all af Lot Ten �'I��, except the Nor�h 5e�en t7� f�e� therevf, in Bfock
<br /> Eighteen ��8�, Col�ege Adc�it�an �a Vtilest Lawn �n the Cit� vf Grand lstand, Wall Cvun�y,
<br /> l�e��a�ka
<br /> The Real Praper�y or i�s address is cvmmon[y knawn as ��Q� N. Lafay��te Ave., Grand Istand,
<br /> iVE �S$�3.
<br /> Trus�ar presently assigns ta Lender ���sv known as geneficiary in �his Deed vf Trus�} al� ❑f Trus�ar's righ�, �itle, and
<br /> interest in and ta ali present and future leases❑�th� Praper�.y and a�l Rents fr4m the Prvperty. tn addi#ion, Trus�ar
<br /> grants to Lender a Unifarm Commer�ial Code security interest in�he Persanal�mperty and Ren�s.
<br /> THIS flEE❑DF TRUST,���LUDlh1G THE ASSIGNMENT�F I�ENTS AM❑THE SECURITY�hI`TE1�E5T IN THE RENTS A�iD
<br /> PERS�Nt4L PR�PERTY, 15 G[VEN Tp SECURE �A� PAYIU�EN��F THE INDEBTEl�NE�S�iVD �B} PERFORMANCE DF
<br /> ANY AND ALL QBLIGATIQNS UN�ER THE NQTE, THE RIELATED �UCIlN[ENTS, QND THIS �EED �F TRlJST, THIS
<br /> DEED�F TRUST 1S GIVEN AND A�GEPTED�N THE F�LLOINlNG TEF�NiS:
<br /> TRUSTOR'S �EPRESENTATIDNS AND WAI�RA1dT1E5. Trusto�warrants �hat: {a} �this De�d of Trust is ��€�cuted a'�
<br /> garrawer's request and not a�the request of Lsnder; {b}Trustor has the full pawer, ri�h�, and authority tv en�er into
<br /> this Deed vf Trus�and �❑ hypo�hecate�h�Property; �c}the pro�isions a�this Deed af Trust da na# �onflict wi�h, or
<br /> resuft in a defau�t under any agreement ar other inst�urnent�inding upon TruS�or and do nvt r�sult in a vio�ation vf any
<br /> �aw, regulativn, court de�ree Qr arder applicabl��o Trustor; �d}Trustor has established adequate means af❑btaining
<br /> from Borrower on a cvntinuing basis informatian abau� 8orrower's tinancial Ganditivn; and �e} Lender has made na
<br /> represenfiatian to Trustar abc�u�Borrower tincluding withvut�irnitation�he creditworthiness af g�rrower}.
<br /> TRUST�R',�1NAiVE�S. Trustor wai�es a�l rights or de#enses arising by reasvn of any"one actian"or"anti--defciency"
<br /> law, or any a�her faw which rnay prevent Lender from bringing any ac�ion aga3nst Trustor, including a claim for
<br /> de��ciency ta�he extent L�nder is otherwise entit�ed to a claim far defciency, be�care ar af�er Lender's carnmen�ement
<br /> ar comple#ian af any fore��osure ac��vn,either judicial�y ar by exercise o�a pawer o�sale.
<br /> PAYIIJIENT AND �ERFQF�1111ANCE. Except as vth�rwise pro�ided in this Deed af Trust, 6orrower shail pay ta Lender a�l
<br /> Indebtedness secure� by this Deed of Trust as it �ecames due, and Barrawer and Trustor shall pe�fiarm al! their
<br /> re�pecti�e vb�igativns under#he Nvte,this fleed of Trus�,and the Related Documents.
<br /> P�SSES�I�N ANI� �IIf►Q►lNTEhtANCE DF THE PRUPERTY, Borrow�r and Trus�or ag��e �ha# Borrawer's and l"rus�o�'s
<br /> possession and us��f the PrQperty shall be�o�erned by the fal�owing provisions:
<br /> P�ssession �nd �ise. Unti1 th� vccurrence of an Event v�Defaul�, Trustor may ��1} rernain in pvssessifln and
<br /> cvntro[of th�Prc�perty; ��� use,operafie or rnanage�he Proper�y;and �3} cailect the Rents�rom�h�Prape�ty.
<br /> �3uty �� lUlaintain. Trustnr shall maintain the Prvperty in tenanfiabla ovnditivn and prompfly perfvrm a�l repairs, -
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