rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � �n �rn IV rn
<br /> �, �o rn � � o
<br /> o �z � a z� � �
<br /> � �� � � �z � �
<br /> z� � � � —
<br /> � G�� � � �� pp z
<br /> �� rn � �� � �
<br /> rn� rn � =c�r� � �
<br /> 0
<br /> �o cn � � �
<br /> cr� r�
<br /> �o � .�.� Z
<br /> �� G� � �
<br /> � Z
<br /> �
<br /> WHEN REC�RDED MAIL Tt]:
<br /> Ex�hange Bank
<br /> G��Allen Dri►►e Bran�h
<br /> ���4 Allen Dr
<br /> P�] Box 5793
<br /> Grand Island. NE fi88�� F�R REC�RDER'S U5E�NLY
<br /> DE�D �]F TRUST
<br /> THIS DEED �F TRUST is dated D�cemh�r 'I�4, �D�5, among S��TT A BRADLEY and N1KK1 R
<br /> BRADLEY; Husband & Vllife �"Trustor"�; Ex�hange Bank, whos� address is GI � A��en Dri�e
<br /> Branch. '12U4 A���n Dr, P� Bax 5793, Grand �s�and. NE �88�� �r�f�rred ta b�low sometimes
<br /> as "Lender" and svmetimes as "Benefi�iary"�; and Exchange Bank, whvse add�ress is P�B 7C�.
<br /> �ibban. NE �884D �ref�rred to helvw as "Trustee"�.
<br /> C�NVEYAN�E AN❑ GRANT. For ►raluahle cvnsiderativn, frustor�onveys#o Trustee in trust. 1NITH PaWER ❑F SALE,
<br /> for #he ben�fit o� Lender as Bene�iciary, all of Trustor's right, titl�, and interest in and to the �ollowing described r�al
<br /> property, together with all existing or subsequently erected vr affixed bu�fdin�s, impro�ements and fix�ur�s; all
<br /> easements, r�ghts af way, and appurtenances; a�l ►rvater, v+rater rights and di�ch rights �including sto�k in u�ilities w�th
<br /> ditch ar irrigation rights�; and aii Qther rights, royalties, and profits relating tv �he �eaf property, including without
<br /> limitati�n af! minerals, �il, gas, geo�hermal and similar mat�ers, �the "Real Property��� Iocated in Hall Cvunty,
<br /> State vf Nebraska:
<br /> Lat Three �3}. Block �ne t'I� in ls�and Acres Number 2, a Replat of Lots 'I, �, 3. 5. � and 7.
<br /> lsland Acres in the City of �rand I�land. Hall Coun#y, Nebras�Ca
<br /> The Real Property o�r its address is c�mm�n�y known as 3'i'I 7 'W 'I 4th 5t. �rand Island. NE
<br /> �88D3. The R�al Property tax identification number is 4���48337.
<br /> CR�55-C�LLATERALI�ATI�N. In addi���n to the Na�te, �his Deed of Trust se�ures alf obLigations, debts and liabilities,
<br /> plus interest thereon, of Trustvr�a Lender, or any vne or mare of them, as rrvell as all G�aims �y Lender against Trustor
<br /> vr any one �r mvre �f them, whether now �xisting ❑r herea�ter arising, wheth�r �elated ❑r unr�lated �o the purpose of
<br /> the Note, whether �olun�tary vr oth�rwise, whe#her due ❑r nat due, direct or indirect, determined or undet�rmined,
<br /> absolute flr contingen�, liqu�dated or unliquidafied, whe�her Trus�ar may be fiahle indi�idually ar �oin�ly with o�hers,
<br /> wheth�� abiigated as guaran�ar, surety, ac�ommadation par�y �r v#hervuis�, and whether reca�e�y upon such amoun#s
<br /> may be or he��after may becvme barred by any statute of iimitations, and whether the o�ligation tv repay such amvunts
<br /> may be ar herea#ter may b�come❑th�rwise unenfvrceable.
<br /> REVOLVING LINE DF GRED�T. This Deed of Trust se�ures the lndebtedness including, withvu# lim�tat�on, a rerrol��ng
<br /> line af�redits which ahfigates Lender tv make ad�ances tv Trustor sv long as Trusfivr��mplies with all the terms of the
<br /> Nvte,
<br /> Trus��r presently ass�gns to Lender {als� knvwn as Ben�ficiary in thEs Deed a� Trus�} all af Trustor's right, �i�tle, and
<br /> �nterest in and �o a�1 present and �uture ieases ❑f the Property and all Rents �rrvm the Prvperty. In addi��vn, Trustar
<br /> grants tv Lender a Uniform �ommercia! Gode security interest in the Persvnal Proper�y and R�nts.
<br /> FUTURE ADVANCES. ln additivn to the Note, this Deed of Trust se�ures a�f future ad�ances made by Lender ta Trustor
<br /> whether or no� the ad�ances ar� made pursuant ta a cammitment. Spe�i�rically, without limitativn, this D�ed v# Trust
<br /> se�ures, in addi#ion �v the amounts spec��ried in �he Note, all fiuture amounts Lender in its d�scretion may Ivan to
<br /> Trustvr, together with all interest thereon.
<br /> THIS DEED �F TRUST, INCLUDIN�THE ASSIGNMENT�F RENTS AND THE SECURlTY iNTEREST IN THE RENTS AND
<br /> PERSDNAL PRQPERTY, IS CIVEN T❑ SECURE tA} PAYN�ENT �F THE INDEBTEDNE55 AND �By PERF�RMANCE �F
<br /> ANY A1VD ALL �BLIGATI�NS UNDER THE N�TE, THE RELATED D�CUMENTS, AND TH1S DEED �F TRUST. THIS
<br /> ❑EE❑�F TRUST 15 GIVEN AND ACCEPTEO�N THE FOLL�WINC TERMS:
<br /> PAYMENT AND PERFORMANCE. Exc�pt as otherwis� pro�id�d in this Deed af Trust, Trustor shall pay to Lender a�l
<br /> amounts secur�d by this Deed a� Trust as they became due, and sha11 stric�ly and in a timely manner per�Fvrm a11 of
<br /> Trustar's ol�ligations under fihe Na�e, �his Deed of Trust, and the Related Dv�uments.
<br /> PDSSESSf�N AND MAINTENANCE QF THE PRaPEF�TY. Trustor agr�es that Trustor's possession and use of the
<br /> Property shal[ be go�erned by the follvwin� pro�isions:
<br /> Possession and USe. Until the occurrence of an E�en# af De�ault, Trustor may ��} remain in p�ssessian and
<br /> control of the Property; ��y use, �pera�e ar manage fihe Prvperty; and t3} c��l�ct the Rents from the Prvper�y.
<br /> Duty tv illiainfain. Trustar shall maintain the Prvperty in tenantab�e canditivn and promp#ly perform a1� �epairs,
<br /> repfa�em�nts, and maintenance ne�essary to preser�e its�alue.
<br /> Cvmpliance With EnWironmenta! Laws. Trustor r�presents and warrants t❑ L�nder that: t 1} During the perivd o�
<br /> Trustar`s❑wnership af the Property, ther� has been no us�, generation, manufacture, stvrage, trea�men�, disposal,
<br /> release or threa�ened r�l�ase vf any Hazardous Subs�ance by any person vn, und�r, abvu� or fram the Prop�rty;
<br /> ��} Trustor has no knowledge of, vr reason to belie�e that there has been, except as pre�iously d�sclos�d ta and
<br /> acknvv►►iedged hy Lender in writing, {ay any hrea�h or �i�lation v� any Environmenta� Laws, �bf any use,
<br /> generation, manufacture, storag�, treatment, disposal, release or threa�en�d �elease of any Hazardaus Suhstance
<br /> .
<br /> �
<br /> �
<br /> �
<br /> �
<br />
|