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<br /> WHEN RE��R�ED �AI�7�:
<br /> Ex�hangs B�nk
<br /> G I-A!!en�r���a Branc�
<br /> '1�04 Al�en D�
<br /> P�Box 5793
<br /> Grand I� E fi�$ � F�R RECORDER'S USE DNLY
<br /> DEED ❑F TR�JST
<br /> TH�S DEE� �F TRVST �� d�ted �ctob�r �4, �U1�, �mvng Michaei A ICraft and Lvri G �raft.
<br /> Hushand and Wife t"T�ustor"�; Exchange Bank. whos� address i� GI - AIl�n Dr��e Branch. 1�D4
<br /> AI#en Dr, P� Box 5793. Grand �sfand. NE G88�� �referr�d ta b�low sometimes as "Lender" and
<br /> sometimes as "Bensfi���t��1"�; and �x�hange B�nk , whvse address is PQ Box 5793. Grand
<br /> Island. NE �v8S�2 �referred to basvw as "Trustee"�.
<br /> C�NVEYAIVGE AND GRANT. Fcu va3u�hla consideretion.Trus�or conWeys to Trus�ee in trust.1Nt'�li P�WER DF SALE.
<br /> #ar the benefit�f Lender a� B�neficiary. al� ❑�Trustar's ri�ht, title, �nd interest in and t� the �v�iowing described real
<br /> praperty, together with �11 existing vr subsequ�ntly e�e�ted or affixed hu�ldings. impro�ements and fixtures; a�f
<br /> easernents, rights ❑f way, end �ppurtenances; all vv�ter, water rights and ditch rights {inc�uding stock in utilities with
<br /> di�tch or irrigation rights}; and ali other r�ghts. rflyalties► and profits relatin t� th� real property, in�[ud�ng without
<br /> �imitat�an a�� mtinerels, oi�, �as, 8eotherms� and s�mfsar matters, {the "�ea� Praperty"j �DCat�d in HALL
<br /> �aunty, State af Nebraska:
<br /> R�r�el A: Th� Nor#h �l��$n t'1'1} acres af the S�utheast qua�ter vf the Narthesst quarter of
<br /> Se�tion 33. Townshfp �1 N�rth. Range 3 1111es#af the Gth P,M., Hall Caun#y, !V$braska
<br /> Parcel B: The Westerly�ne t 1� a��e of the 5autherly es8ht�S� acr�s vf the N vrtheast quartgr
<br /> �f the N�rtheast qu�rter of Section 33, Township 1'! North, Ranga 9 West af the �th P.M.,
<br /> Hall County. Nebraska
<br /> The Re�l Property or �ts addres� is cammonly knawn as 363� S L�CUST SYR�ET. GRAND
<br /> iSLAND. NE �85�1.
<br /> CRDSS-CDLLATERALIZATI�N. !n additi�n to the Note. this Deed v�Trust secures sll Qhligativns, debts and liabitities.
<br /> p�us interest thereon, �#sith�r Trustor or B4rr�wer t❑ Len�er, ar any vne or more o�them. as we11 es a11 claims b�
<br /> Lendsr against Borrawer and TrWstor or�ny ane ar mare vf them, whether naw existing vr hsreafter a�ising, whether
<br /> related ar unrel�ted to the purpo�e o� the Note, whether �o��n#ary ar othsrw�se, whether due ar nat due� d�rect or
<br /> indir��t, de�ermined or undet�rrninad, absalute ar cantingent, liquidated �r unliquidated, whether Borrower �r Trustor
<br /> may ba liabie individually vr �ointly with ❑thers, whether ob�ig�ted as guarantar, surety, accommvdatinn party or
<br /> otherwise, and whether recQ�ery upon such amvunts may he vr hereaf�er may become barred by any statute o�
<br /> limitaiions, and wheth�r th� ahligation t� repay such amounts may be or herea�ter may hecame vtherwise
<br /> unenforceah�e.
<br /> REV�LVIN� LIM� �F CRED�T. This ae�d a#Trust secures the �ndebtedness including, wi#haut limitativn, a re�vlving
<br /> line vf credit.which abligates Lender to rnakv ad�anc�s to Bvrrowsr so IQng as Borrawer com�lies with a!I tha terms vf
<br /> th�Not�.
<br /> Trus�or pr�sently assigns ta Lender (also known as Bene�iciary in this Qeed �f Trust� at� vf Trustor's right, title, and
<br /> interest �n and ta all pr�s�nt and future leases of the Prape� and ali Rents '�ram the Property. !n add�t�vn, Trustor
<br /> grants to Lender a Uniform C�rnmercia!Code seeurity interest in the Persanal Property and Rents.
<br /> THIS DEE�DF TRUST,1NCLUD�NQ THE AS5�GN1VlENT DF RENTS ANQ THE SECURITY INTEREST 1N THE RENTS AND
<br /> PE�SBNAL PR�3PERTY, IS C3�VEN T�SECURE tA� PAYMEN�'�F THE INDEBTEDNESS A'Np �B� PERFURMANCE�F
<br /> ANY AND ALL �BL�GATI�NS lJNDER THE N4TE. THE RELATED DaCUMENTS, AN� THIS i]EE� �F TRUST. THIS
<br /> DEED QF TRUST IS�IVEN AND ACCEPTED ON THE F�LL�IIVING TERMS:
<br /> TRUST�R'S REPRESENTATIaNS AN❑ WARRANT�ES. Trustor warrsnts that: �ay this ❑e�d vf Trust is executed at
<br /> Borrflwer's request and not at the request nf Lender; �by Trustor has the tull pawer, r€ght, and authority to enter inta
<br /> t�'ll5 i�eed o�Trust and tv hypvthe�ate the Prop�rty: �cf th� prv�isians of th€s Deed o# Trust do nvt cvnflict w��h, vr
<br /> resuit in a def�ult under any agreement or other instrument binding upon Trus�or and do nat�esult in a vsvlativn vf any
<br /> law, regulativn, court decree nr vrder a�aplic�h�e tv Trustor; �d� Trustvr has established adequate mean� af obtaining
<br /> from B�rrawer �n a can��nuin� �aasis infarmat�on abaut Borrower's financ�a� condition; and �ey Lender has made n�
<br /> representativn to Trustor a�ou't Borrower{inciuding without limitati�n th�craditworthinass vf Bvrrawerf.
<br /> TRUST�R'S WAIVE�S. Trustor wai�es�ii rights�r defenses arising by reasan vf any "vne aGtion" or"�nti-deficiency"
<br /> law, or any other 1aw which may pre�en� Lender frQm hrin�ing any action against Trusto�. inc�uding a �laim far
<br /> deficiency tv the extent Lender is vtherw�se entitlsd#v a �laim fvr defici�ncy. be�ore or after Lender's commenc�ment
<br /> or completion of any fore�losure action,ei#her judicislly or by exercise of a pvwer of sale.
<br /> PAYAIIENT AND PERFDRIIAANCE. Except as atherwise pra�ided in th�s❑eed of Trust, garr�wer and Tru�tor shall pay t4
<br /> Lender all Indebtedness secured by this Deed of Trust �s it becomes due, and Barrvwa� a�d Trustt�r shaS� strictsy
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