|
- rn
<br /> � � � � �
<br /> 1�7 � rn� � � �
<br /> o = �� � c� Q m I�] rn
<br /> cn � �o � � C p Q �
<br /> � � �� � � �� C3� C�1�
<br /> � _ �� �1 � �m � �
<br /> °° � �� D � D va � Cn
<br /> � rn� rn �� � �
<br /> - rn c D � y Cn �a �
<br /> � �� � � �� �
<br /> - �a a rn
<br /> �o � � �
<br /> v
<br /> � � �
<br /> �
<br /> VI�HEi� RE��F�DE� �IV�4�L T�:
<br /> Pinnacle Bank-�IV�N
<br /> HASTIIVG� DFFIGE
<br /> 53�N BUF�L�hIG�DIV�OVE
<br /> P�3 B�iC�'[78
<br /> HASTlNGS �iE C�9D'� F�R RE��R�ER`S U5E Oh9LY
<br /> DEEC] �F TRLJ�T
<br /> THI� DEE� �F TI�L1�1� �s dated �ct�her 14. 2�`I�, arr���g ��fI�IV J. �T�CK �nd I7A�N N.
<br /> ����I�, husband and wife, whose add�res� �� 4a ��1VJ►� �Fi101'E, �3��VlPHe4N, NE �SS��
<br /> �"Trustvrrr�; P�nnacle Bank - �IV�N, doq►hvse address is HA�TlN�,� �FF�CE. �3� N BLJ�LIIVGT��V
<br /> p►►�IE, P� ���C �'17�. HA�1C�iVG�, IVE �5��'� �r�f�rr�d ta belov�r ��metdm�s as "L�nd�r" and
<br /> sv�metimes as "�enefic�ary"�; and PINNe��LE ��►N�, �vh��e ad�f�ess is 53� N �UF�LIN�TC�IV.
<br /> HAST[N�S, NE ����'I tref�r�ed ta hel�w as "Trust��"}.
<br /> CaNVEV'ANCE AND GRAN�. For valuable consideration.Tr�est�r cvnveys tv Trustee in trust, WITH PaV11ER �F SALE,
<br /> for #he benefit af L�nd�r as Benefici�ry, all of Trustor's right, tit�e, and int�rest in and ta the f�llvwing �escribed real
<br /> praperty, together with a11 existing or subsequently erected or af�ixed buifdings, impr��emen-�s and fixtures; all
<br /> easemen�s, rights of way, and appurtenances; all water, water righ�s and ditch rights {including stock in uti[ities wi�h
<br /> ditch or irrigation rights�; and a[l �ther rights, royalties, and profits reiating to the real property, inc�uding without
<br /> limitation a�! rninerals, oil, gas, gevthermal and sirnilar matters, �the *"I���� F���p�r$y"� IoC�ted i�l He4LL
<br /> Caunty, State vf N�br�s�a:
<br /> L�T ��RTY �4��, e4i1ll[CI� �►�RES EAST SU�C�IIII�I�N, HALL C��1N`fl�, l0l��lR6�►�i(,A.
<br /> T"he f�ea� �'raperty vr its at�dr�ss �s �vmnr��nly knv�rvn �s 4� S�1V,J►4 �R�llE, �]�N�P1��41�, 11IE
<br /> �8�3�. The Reai Pra�pe�t�tax ic�er�tif�cat�on raumb�r �s 4��34���4.
<br /> RIE1faLilIN� LINE OF CRE�IT. �his �eed v�Trust se�ures the �ndeh�ed[ness including, w�thou� limitation, a revo[ving
<br /> line❑fi credi�, �vhich obfigates Lender tn rr��ke ad�ances ta T�rus�ar sv[vng as Trustar compties ►nr��h�II tha terms of th�
<br /> C�ed�t Agreement. �u�h adv�nces may he made, repaid, an� remade �ram�irr�e�a time, sub$���#to fihe limitation fihat
<br /> the total vu-�standing balan�e ow[ng a� any ane tit�e, not including finance charg�s ❑n such balance a� a fix�d �r
<br /> varia�[e rate or sum a�s prQ�ided in the Credit ►4greernen�, any ter�pora�`}1 o►�erages, vther �harges, and any amoun#s
<br /> exp�nd�d or advanc�d as pro�ided ir� this pa�agraph, sha�l n�t ex�eed the �r�dit Limit as pro►rided in the �redi�
<br /> Agreemen�. ��is�he inten�i�n a�Trus�or and Lender that this Deed a�l�rust se�ures the balan�e vuts#andin� under�he
<br /> Credit Agre�ment �rom �irrle to time fram �ero up �a th� Credit Limit �s pro�rided in �he �redi� Agreem-tent and any
<br /> dntermediate balan��.
<br /> Trustor presently assigns ta Lender �als❑ knawn as Beneficiary in this Deed of Trusfi} all of Trustor's right, tifile, and
<br /> interesfi in and to afl present and future leases of the Property and afl Rents fram #he Prop�rty. {n addition, Trustor
<br /> grants to Lender a lJniform CommercEa�Cad�s�cur€ty interest in the Persanal Prvperty and Rents.
<br /> THES DEED�F TRUST, lNCLU�IIVG THE ASS�GNMENT �F REIVTS AND THE SE�UF��TY IlVTEREST 1N`�HE REIVTS AND
<br /> PERS�NAL PR�PE�TY, IS �IVEIIC T� SECURE t►4} P►4Y�ENT` �F THE INDE�TEDNESS►4ND �B} PERF�Ri1JIA1V�E �F
<br /> EACH OF TRUSTQR'S ►��REE�VIE�11�'S ANO QBLI�ATI�NS UNDER THIS DEE❑ ❑F TRLJS�. THI1S ❑EED �F TRUST IS
<br /> GRVEN AN�AGCEPTED�N THE FQLL�V1lI�i[G�ERi111S:
<br /> PAYMEIVT AND PERFaRiIIiAN�E. Except as ❑therwise prauided in this Deed of Trust, Trus�or shall pay to Lender a[[
<br /> amaunts secured by this Deed of Trust as they be�ome due, and shaff strict�y and in a timely manner perform a[� �fi
<br /> Trustar's ok�ligations under the�redit Agreement,this Deed of Trust, and�he Re[ated ❑ocurn�nts.
<br /> PQ�5E�51�[V ►4ND 111fAliWTENAIVCE �F THE PR�PERTY. Trustvr agrees that Trustor's possess[�n and use of the
<br /> Praperty shall b�go�erned by the folfoNrin�provisions:
<br /> Possessivn and lJse. Un�il the occurrence flf an E�ent o� Default, Trustar may {'[� r�rnain in possessian and
<br /> control af the Proper�y; �2y use, operate or manage the Property; and �3} c�llect the Rents#ram the Property.
<br /> Duty t� Nlaintain, Trustor shall maintain the Pr�p�rty in ���d conditivn and promptly perform all repairs,
<br /> rep[ac�ments, and maintenan�e necessary to preser�e�ts�alue.
<br /> Fiaz�rclous Substan�esA Trustor represents and warrants that the Property neWer has been, and ne�er wi[� be sa
<br /> long as �his Deed of Trust rernains a lien ❑n the Property, used for the generatian, manu�acture, storage,
<br /> treatmen�, disposa[, release �r threatened re[ease of any Hazardous Substance in violatian af any Environmental
<br /> Laws. Trustar autho�izes Lender and its agen�s to ent�r upon the Prvperty to malce such inspe�tions and tests as
<br /> Lender may deem appropriate to determine cvmpliance of the Property with this section af the ❑eed of Trust.
<br /> Trustor h�reby �1� ref�as�s and wai�es any future c[airns against Lender for indemnity or contributian in�he event
<br /> Trustor be�omes [iable for Gleanup or other cos�s und�r any such faws, and ��� agrees to indemnify, de�end, and
<br /> ho[d harrnless Lender against any and all c{a�ms and losses resu[ting�rrom a breach afi th�s paragraph af the �eed nf
<br /> Trust, This obligation to indernnify and defend shall sur���e the payment�f the Indebtedness and th� satisfactiQn
<br /> of this De�d of Trust.
<br /> DUE�N SALE-C�NSEfVT BY LEIVDER. Lender rnay, at Lender's op�ion, de�[at-e immediately due and payable a!1 sums
<br /> secured by�his ❑eed o�Trust upon the sale❑r�ransfer, withaut Lender°s prior written consent, of all or any part of the
<br />
|