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<br /> 1NHEN RE��RDED MA�L TD:
<br /> Exchange Bank
<br /> G1 -Aifen Dri�e Branch
<br /> 1��4 Allen Dr
<br /> P�Bvx 5793
<br /> Grand Island, NE �880� F[]R REC�RDER'S USE�NLY
<br /> DEED �F TRUST
<br /> THIS DEED �F TRUST is dat�d January �4, ��'I�, amvn� Jerame R Rinkol and Candac� G
<br /> Rinkol. Husband and Vllife �"Trustor"f; Exchange Bank, whvse address is G� � Allen �3ri��
<br /> Branch. '12�34 Allen D�. P� Box 5793, Grand Istand, NE �88�� �r�f�rred to below sometim�s
<br /> as "Lender" and sometimes as "Benefic�ary"�; and Exchange Bank, whose addr�ss �s 'I�t]4
<br /> A Ilen D rive, G rand 1 sland, N E �88�� 4 referred to �elow as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. For ►raluable consideration. Trustor con�eys ta Trustee in trust, WtTH P[]WER �F SALE.
<br /> for the benefit ot Lender as Benefi�iary, all ofi Trustvr's right, titte, and interest in and to fihe follow�ng d�s��ihed rea!
<br /> �
<br /> pr�perty, togeth�r with all existing ar subsequently ere�ted or affixed fauifdings, impr��eme,n�ts��and fixtu�es, al!
<br /> easements, rights of way, and appurtenances; all water, water rights and ditch rights �including stock in utilities v►rith
<br /> ditch ❑r irrigatian rights�; and all oth�r rights, r�yalties, and profits re�ating to the real property, including wi�h�u� ��_�'
<br /> timita�ion a1l minerais, oi1, gas, geothermal and similar matters, �the "Real Pr�perty"� Iocated in Hall County,
<br /> 5tate of Nehraska:
<br /> Lot Twenty ����. Jeffrey �aks Fifth Subdivisian, in the �ity vf Grand lsland. Hall County.
<br /> Nebraska.
<br /> The Rea� Property or its address is �ommonly kno►nrn as 2��9 Atlanta Street. �rand [sland, NE
<br /> �88�3. The Real Property tax identification number �s 4��37��33.
<br /> REVQLVING L�NE �F �REDIT. This Deed of Trust secures the Indebt�dness in�luding, withvut limitat�an. a re�ol��ng
<br /> line af�redit,whi�h obligates Lender tv make ad�ances to Trustor so Ivng as Trustor complies with a!I the t�rms v#the
<br /> Credit A�reement. Su�h adWances may be made, repaid, and remade frvm �ime to time, subject tv fihe limEtation that
<br /> the tota� vutstand�ng balance vwing at any vns time, not including #inance Ch�T9G5 vn such balan�e at a �ixed vr
<br /> �ariable rate or sum as prv�ided in �he �redit Agreement, any #emporary orr�rages, vthe� charges, and any amoun#s
<br /> expended or adrranGed as prorrided in either the fndebtedness paragraph or this paragraph, shall not exceed the �redi�
<br /> Limit as provided in�he Credit Agreement. It is the in#en#ian vf Trus�or and Lender that this Deed v�Trus�secures the
<br /> halance vutstanding under the Cr�dit A9reemsn#from time�to time from zero up ta the Crsdit Limit as prv�ided in the
<br /> Credit Agreem�nt and any intermedia�e balance,
<br /> Trust�r presently assigns to Lender talsv known as Beneficiary in this ❑eed ❑� Trusty all of Trustor's righ�, �kitl�, and
<br /> inte�-est in and to a�! present and future leases of the Property and al! Rents from the Property. ln addition, Trustor
<br /> grants�� L�nder a Uni�orm Commercial Code se�urity int�rest in the Persana� Proper�y and Rents.
<br /> TH15 DEED�F TRUST, �NGLUDING THE AS5IGNMENT�F RENTS AND THE SECURlTY INTEREST �N THE RENTS AN❑
<br /> PERSDNAL PRDPERTY, iS GIVEN T❑ SEGURE �A} PAYtVIENT �F THE INDEBTEDNE55 AND �B� PERF�RMAN�E �F
<br /> EACH �F TRUST�R`S AGREEMENTS AN❑ OBL{GATiaNS UNDEI� THE �REDIT AGREEIVIENT, THE RELATED
<br /> DOCUMENTS. AND THIS DEED �F TRUST. THIS DEED QF TRUST IS GIVEN AND AGCEPTED �N THE FC]LLflV1rIN�
<br /> TERMS:
<br /> RAYMENT AND PERFDRMANCE. Except as otherw�se provid�d in �his Deed o�f Trust, Trustar shall pay to Lende� a!!
<br /> amounts secured by this Deed of Trust as �hey bec�me due, and shall stri�tly and in a timely manner perform all af
<br /> Trustor`s ol�ligatians under th� Credifi Agre�ment, this ❑eed of Trust, and the Re�ated Do�uments.
<br /> P�55E5SiDN AN❑ MAINTENANCE �F THE PR�PERTY. Trus�or agrees �hat Trustar's passess�on and use of the
<br /> Prvperty shall be gv�erned hy the�ollowing pro�isivns:
<br /> Pvssession and Use. U nti� the occurrence of an E�ent of Default, Trustor may ��� remain in possession and
<br /> contrvl of the Pr�perty; {2} use, operate ar manage the Property; and �3] collect the Rents from�he Pr�perty.
<br /> Duty tv Mainta�n. Trustor shall maintain the Properfiy in gQ�d c�nditian and pramptly per�farm all repairs,
<br /> replacements, and maintenance necessary to preser�e its�alue.
<br /> Camplian�� With Environmental Laws. Trustor ��pr�sents and warran�s to Lender that: t 1 f During the perivd of
<br /> Trustor's ov►rnership��the Property, there has been no use, generation, manufiacture, st�rage, treatment, dispasal,
<br /> release or threa�ened rel�ase of any Ha�ardvus 5ubs�ance by any person on, under, abvut �r from th� Property;
<br /> ��} Trustar has nv knvwledge of, ar reasan ta belie�e that there has been, excep� as pre�ivusiy disclosed to and
<br /> acknvwledged by Lender in v►rriting, ta} any �reach or vi�lation af any En�ironmen�al Laws, {b} any use,
<br /> generation, manufaCture, starage, treatment, disposal. refease ar threatened r�lease vf any Ha�ardous Substance
<br /> an, under, abvut or from the Property �y any prior owners or occupants of the Pr�per�y, or ��} any actual or
<br /> threatened litigat€on or c�aims af any kind by any person relating tv such matters; and �3y Excepfi as pre�iously
<br /> disclosed t❑and acknvwledged �y Lender in writing, 4a} neither Trus�or nor any tenant, �vn�ra�tor, agenfi or other
<br /> authorized user vf the Pr�perty sha�f use, generate, manufac�ure, s�ore, �reat, dispose of�r refease any Hazardous
<br /> 5ubstance on, unde�, ahout or frvm th� Prape�ty; and �b� any such acti�ity shall h�canducted in compliance with
<br /> alC appficable federal, state, and local lav►►s, regulations and ordinanc�s, including v►►i�hvut limitatian al!
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