rn
<br /> m � � �
<br /> rnm � y rn
<br /> �� � �n �rn IV rn
<br /> o �orn � � o
<br /> � � �
<br /> cs �z (�7 z�1 � �
<br /> o �� � � �Z � CI]
<br /> Z
<br /> � �� � � �� � CI]
<br /> � rn� rn �� � �
<br /> rn� � � =c�r� � �
<br /> �o cn � � �
<br /> cr� r�
<br /> �o � .�.� Z
<br /> �� C� U�] �
<br /> � Z
<br /> �
<br /> WHEN �EC�R�Ea MAII TO:
<br /> Exch��rge�nk - .
<br /> �ibbon gran�h
<br /> 14 LaBarre Streat
<br /> PO Box 7f�
<br /> Gibbon NE B��4� F�R REG�F�DER'S U5E�NLY
<br /> [�EE� �F TRUST
<br /> MA)CIAIIUM LIEN. Th� I�en of#his Deed of Trust shall not exc�ed at any one#ime ��.���.��.
<br /> THIS DEED �F TRUST is �ated F�bruary 2�. �0'I�. am�n� TR� �fTY �VIETERS INC. A Ne�r�sk�
<br /> Corporation �"Trustor"y; Exchan�e 6ank, whos� addrs�� is �ibb�n Branch, "I 4 LaBarr� Stree#,
<br /> P� Box 7��. �ibb�n. NE �884� �r�f�rr�d t� b�law sometim�s as "Lender" and sametimas as
<br /> .'Ben�ficiary"�� and Ex�hange Bank. whos$ address i� P�B 7��. �i#�b�n. NE ���4� �r�ferred �a
<br /> h�law �� "Tru$�ee"y.
<br /> C�NYEYANCE ANa�RANT. For r�alual�le consideration,Tr�tor conv�ys t�Truste�in trust.WITH P�WER �F SALE.
<br /> for the ben�fit af Lsndsr as B�ne�tiary, all af Trustor's right, title. and interest in �nd t� the f811owing desGr�bed resl
<br /> pr�perty, ta�ethe� with all ex+sting ar subsequently erected or a�ixed huildings, irnRr�vements and fixtur��; all
<br /> easements, rtghts Qf way, and appurt�nances; all w8ter, w�ter ri�ht� and ditch rights �including stock in utili#ies with
<br /> dit�� ar irriga�iQn rightsf; �nd �li o#hsr rights, ray�ltias� snd profits relatin to the real props , includin withaut
<br /> I�mitetian all minerals oi! as eo#hermal and similsr matt�rs th� "R��11 �rQ B " I�C�t�in H�II ���117
<br /> . . 9 . � . � p f"ty y �Y.
<br /> Stat�af Nebr��k�:
<br /> Lats Seven �7�, eigh� �8y, N�n� ���, T�n t 1�} �nd E�even �11�, Bla�k T�irteen t 13j.
<br /> Cl�rkson's First Additi�n ta th�l�ill�ge �f Al�a. Hall �ounty. Nebraska.
<br /> Th� R�al Prapert� or its ��l�lress is commonly kn�wn �� 2�� Front St. East. Ald�. NE �881�.
<br /> Th� f�ea� Property tax identification num�er �s ��'!74���. .
<br /> CROSS-C�LLATERALITr4TI�N. In additian t�the Note, thi� Deed of Trust s��ur�s all obligations, debt� and liaailities,
<br /> plus interest thersan, af Trust�r t� Lender, �r�ny ane or more of them, as wel�as�II clatms by L�nd�r against TrUstar
<br /> ar any one�r m�r� of them, wt�e#her now exis#ing or hereafter srising. whether related or unreleted ta#he pt�rpose oi
<br /> the Note, wheth�r �olun#ary or otherwise. wh�th�r dUe or nat du�. dire�t or �nclirecx, d�t$rmin�d or undetermined,
<br /> �I�soiute �r con#ingent. liquidatad ar unliqui��ted, whether Trustar may be liable ind��idually or jaintly wi�h athers,
<br /> whsth�r�bligat�d as guarantar, sure#y, acc�mma�atian party�r otherwise� and whether recor�ery up�n �uch amoun�s
<br /> ma�1 be or h$r�af�er may become barred by any statute of��mit�tions. and wh�ther the obliya#ion tQ repay such arrraunts
<br /> may b�or#�ere�fter m$y b�com��therwi��u�renfQrceabl�.
<br /> FUTURE ADVANGE�. �n a�lditian to the Nate,this Deed o#Trust secures all future ad�ances made hy Lend�r ta Trustar
<br /> whether or not the ad�an��s sre n�a�fe pursusnt ta a �ommitmen�. Spe�ifically, with�ut limitation, this Deed af Trust
<br /> secures, in �ddition t� the amounts specifie�f in the Not�, a�l future amounts L�n�er in its discretion may laan t�
<br /> Trust�r, together with �II interest#her�an; h�wever� in no�ven#sh�ll su�h future�d�ances tex�ludirr� int�r�stf exceed
<br /> in�he�ggregate ��4,���,�.
<br /> Trusto� presently assigns ta Lenaler ��Is� known a� Ber��ficiary in tF�is Q�ed af TrUst} all o� Trust�r's right. title, and
<br /> interest in and ta all present and future I��ses of the PrQperty and �II Rents frQm the Prope�y. !n ad�itian, Trustor
<br /> grants t�Lender a Unifiarm Commercial�ode security interest in the P�rsonal Pfopany and Rents.
<br /> THIS�EED�F TRU57, INCLUaING THE ASSl�NMENT�F RENTS ANa THE SECURITY lNTEREST IN THE RENTS AND
<br /> �ERS�NAL �I��PERTY, IS (3lVEN TQ�E�URE �Af PAYMENT�F THE INaEBTEDNES�AND �B= PERF�RMAN�E�F
<br /> ANY AND ALL �BLI�AT��NS UNDER THE N�TE. THE RELATED D�CUMENTS. AND THlS DEED �F TI�UST. THIS
<br /> DEED�F TRUST lS CIVEN AN�ACGEPTED aN THE��LL�W�NG TERMa:
<br /> PAYMENT AN� PERFQRMAN�E. Except as otherwise pro�ided in this Deed of Trust, Trustor shell psy ta Ler�d$r all
<br /> amoun#s secured �y this Dee� of Trust as they become �iue, and shall strictty snd in a timely manner perform all �f
<br /> Trust�r's nbl�gatians under#he Note,this D�ed af Trust, and the Re�at�� Qocuments.
<br /> P�SSESSI�N ANa MA#NTENANCE �F THE �RaPERTY. T�us#�r agree� that Trustor'� pos$�s�ior� an� use o� th�
<br /> �roperty shall be g�vern�d!�y the fallawing pr8�isions:
<br /> Passss�ion and Use. Ur�til the a�Gurrence of an Eve�t �f �e��ult, Trustor may t1� rem�in i� possession and
<br /> control af the Praper�y; �2f use, operate ar manag�the Property; and �3f coll�ct the Rents#rom the Prop�rty.
<br /> Duty #o Maintain. Trustar shal! maintain the Property in tan�ntab�e G�ndEtian and promptly perform all r�pairs.
<br /> replacements. �nd maintenance n�cessary to preserve i#s value.
<br /> C�mpliance VYi�h En�ironment�l L�ws. Trustor repres�nts ar►d warr�nts to Lender that: t 1 y During th� periad af
<br /> Trustor's ownership of#he Rropsrty, #here has beerr n�us�,generatifln, r�nanu�a�#ure, starag�,treatment, dispasal,
<br /> release or thr��ten�d release of �ny Hazardous Substance by �ny petson an. undsr, �bout ar from the Praperty;
<br /> ��y Trust�r has no knvwledge of. ar�easan to beli�ve that there h�s b�en, ex��pt a�s previausly disclos��ta and
<br /> a�kr�vwl�lged by Lsnder in writing. Ra} a�ny breach or Wialation of any En�rironmental Laws, �bf any use�
<br /> generation� manufacture, storags, treatment, di�pos�lr rel�ase �r threatened rstease �f any Ha�ardous 5ubstance
<br />
|