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<br /> 1NHEN RE��RDED IVIAIL T�:
<br /> Exchange 6ank
<br /> GI-A�fen Dri�e BranGh
<br /> '!244 Al�en Qr
<br /> P� Bvx 5793
<br /> Crand Island. NE 688�2 F�R REC�RDER'S USE QNLY
<br /> DEED �F TRUST
<br /> THIS ❑EE� []F TRUST is dat�d ��to�a�r 27, ��'i�, among NiARK A �TT� and HC]LLIE M �TT�,
<br /> Husband and Vllife �"Trustor"�: Exchange Bank, who�e address is �I - Allen �3rive �3ranch. 'I��4
<br /> A�len Dr, P� Box 5793, Grand Island. NE �88�� ��efe�rred to b�lor►v sam�times as "Lender"' and `
<br /> sometimes as "B�neficiary"�; and Exchange Bank, whase address is PD Bvx 397, Kearney. NE
<br /> �SS�S �referred to b��ow as "Trustee"i.
<br /> C�NVEYAN�E AND CRANT. Far�aluable cansideration. Tru$tar cvn►►eys �o Trustee in trust. W1TH P�1NER DF SALE,
<br /> �nr the bene#it of Lender as Bene#iciary. all of Trustor's ��ght, titie, and interest in and to the follvwing descr�bed rea!
<br /> pr�perty, to�ether with all existing ar subsequently erected vr affixed buildings, impro�ements and fixtures; all
<br /> easem�nts, rights of way, and appurtenances, all wa�er, water rights and ditch r�ghts �including stock in utiliti�s with
<br /> dit�h ❑r �rr�gatiQn r�gh�s}; and all �ther ri�hts, royalti�s, and pr�fits relating to the rea! prvperty, including withvut
<br /> [imitation a�� minerais, oil, gas, g�othermai and similar matters, �the "Rea[ Property"� �vcated in HALL
<br /> Caunty. State of Ne�raska:
<br /> ALL C]F L[�T 'i 5. BL��K �, N�RNiANDY ESTATES, AN ADDITI�N T� THE CITY DF GRANQ
<br /> ISLAND, HALL ��UNTY, NEBRASKA; AND A TRACT [�F LAND ��NS15T[NG �F A
<br /> PDRTI�N �F LQT '14. BL�]CK �, N�RMANDY ESTATES, AN ADDITIDN T� THE C�TY �F
<br /> �RAND ISLANQ, HALL C�IJNTY, NE6RASKA, SAID TRACT BEING M�RE PARTICULARLY
<br /> D�S�R�BED AS F�LL�WS: SEGINNING A�F THE N�RTHEAST ��RNER �F L�T �4:
<br /> THENCE INESTERLY AL�NG AND UPC]N THE NC]RTHERLY L�T L[NE �F SAID L�T '14,
<br /> WHI�H 1S AL5�3 THE S[]UTHERLY B�UNDARY LINE �F ��VENTRY LANE, F�R A
<br /> DlSTANCE �F �� FEET; THENGE S�UTHERLY AND PARALLEL WITH THE E►�,�TERLY L[]T
<br /> L[NE �F Lt]T '14, A DISTANCE DF '137.79 FEET, MC]RE �R LESS, T�] THE S�UTHERLY
<br /> LINE �F SAID L[]T �4; THEN�E N�RTHEASTERLY ALC]NG AND UPDN THE S�UTH�RLY
<br /> L�T LINE �F SA�a L�T 7 4, A DISTANCE []F 'I�.84 FEET T� THE S�UTHEAST CORNER
<br /> �F SAID L�T �4; THENCE N�RTHERLY AL�NG AND UP�N THE EASTERLY LQT LINE DF
<br /> SAIQ LDT �4, A D15TANCE t?F '��9.74 FEET T� THE PLACE �F BEGINNING.
<br /> The Reaf Property vr its address is �vmmonly kno►rvn as 'i 6�3 C�']VENTRY LN, GRAND
<br /> �SLAND, NE 688�'i. The Rea� Prnp��ty tax identification number is 4U0 [��6 327.
<br /> REVaLVING LINE �F GRE�IT, This Deed af Trust se�ures th� Indeh#edness including, withvut limi�atian, a revnl�ing
<br /> �ine of�redi�, which obligates Lender tv make advan�es to Barrower so�ang as Borrower complies w�th all the terms of
<br /> the �redit Agreemen#. Su�h ad�ances may be made, repaid, and remade from time tv time, subje�t to the limi�a�ion
<br /> that�he�otal outstanding balance vwing at any vne time. nat including finance charges an such balance at a fixed ❑�r
<br /> variable rate or sum as prvWided in �he �redit Agreement, any temporary o�erages, other charges, and any am�unts
<br /> expended vr ad�anced as pro�ided in either�he Ind�btedness paragraph vr this paragraph, shail nvt excsed the Credit
<br /> Limit as prv�ided in the Cred�t Agreement. It is the intention of Trus#or and Lend�r that this Deed of Trus�secures#he
<br /> balan�e ou�standing ur�de�the Credit Agreement�rom time tn time from �ero up to the Credit Limit as provided in the
<br /> �redi�Agreement and any intermed�ate balan�e.
<br /> Trustar presently assigns to Lender �a�sa knvwn as Beneficiary in this Deed of Trus�} a11 �# Trust�r's right, titl�, and
<br /> interest in and to all present and #uture leases of the Property and alf Rents frvm the Property. In addit�on, Trustor
<br /> grants ta Lender a l�niform Commercial Code security interest in the Personal Property and Rents.
<br /> THlS DEED QF TRUST, �NCLUDING THE ASSIGNMENT�F RENTS AND THE SE�URITY 1NTEREST IN THE RENTS AND
<br /> PERS�NAL PRDPERTY, �5 GIVEN T� SECURE �A� PAYMENT �F THE INDEBTEQNESS AND �B� PERFORMAN�E �F
<br /> EA�H �F Ti�UST�R'S AGREEMENTS AN❑ ��L�GATiQ�S i�tVDER THE CREDIT i4Gi�EEMEN�, THE RELATED
<br /> DQCUMENTS, AND TH1S ❑EED ❑F TRUST. TH1S ❑EED UF TRUST 15 �IVEN AND ACCEPTED QN THE FDLL�i�I11NG
<br /> TERMS:
<br /> TRUSTQR'S REPRESENTATf�NS AND 1NARRANTIES. Trustor warrants that: ta� this Deed of Trust is execut�d at
<br /> 6vrrower's request and not at the request of Lender; {by Tr�stor has the fuli pvwer, righ�, and authorifiy #o enter into
<br /> this Deed o� Trust and ta hypoth�ca#e the Property; tcf the prv�isions of this D�ed of Trust do no� cvn��ict with, or
<br /> result in a default under any agreement or ather instrument binding upon Trustor and dv nat result in a �ivlativn o�any
<br /> taw, regu�a�ian, court decr�� ar order applicab�e ta Tr�rstorr {d� T�-ustor has es�ab�ished ac#equat� m�ans vf obtaining
<br /> #rom �arrvwer on a �ontinu+ng bas€s in��rmation abou� B�rrawer's finan�ial condition; and ��� L�nder has made n�
<br /> representation tv Trus�ar about Borr�wer �including withou�limi#ation the creditworthiness vf gorr�werf.
<br /> TRUSTOR'S V1lAIVERS. Trus�or waives all rights or defenses ar�sing by reason of any "ane ac�ian" or "anti-defi��ency"
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