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<br /> WHEN RECC3RDED MAIL T�:
<br /> Exchange Bank
<br /> GI-Allen Driv�Bran�h
<br /> '���4 Allen ❑r
<br /> P� Bvx 57g3
<br /> �rand Island NE fi8802 FaR RECaRDER'S USE 4NLY
<br /> DEEa �F TRUST �
<br /> THfS DEED �F TRUST is �lated January ��. �0��. amang Troy Huff and Tam�e Huff; Hus�and
<br /> and IN�fe �"Trustor'r�; Exchan�e Bank, whos� address is G I � Allen Dri�e Branch. ���4 Al�en Dr,
<br /> PC] �ox 5793. Grand Island, NE �88�� �referred to helow sametimes as "Lender" and
<br /> sometimes as "Benef�Giary"�: and Ex�hange Bank, whose address is P[]B 76fl. Cibb�n. NE
<br /> �884� �referred to be�vw as "Truste�"j.
<br /> C�NVEYANCE AND GRANT. Far�aluahle consideratian, Trus�or cvn�eys to Trustee in trus�. LNlTH P�WER �F SALE,
<br /> for the benefit o'F Lender as �eneficiary, a1i ❑f Trustor's right, title, and interest in and t❑ �he �ollflwing des�ribed real
<br /> prvperty, together with all exis�ing or subsequently ere�t�d ❑r affixed buikdings, impro�ements and �ixtures; a[l
<br /> easements, rights of way, and appurtenances; all water, water rights and di#�h rights �including stock in utifities wi�th
<br /> di�ch or irrigatian rights�; and all other rights, royalties, and profi�s relaring to the real proper�y, including withaut
<br /> �imita�ivn a!i minerafs, oil, gas, gev�hermal and similar matters, �the "Real Property�r� Iocated in Hall C�unty,
<br /> State of Nehraska:
<br /> The Easterly Forty-T►n►a tE4�� Feet �f Lvt Eight �8�, B[ock Twenty Nine t�9}, in Char�es
<br /> �lllasmer's Addition to the �ity of Grand Island, Hall Caunty, Nehraska
<br /> The Real Pr�perty �r its address is cammvnly known as �5'14 VII Louise St. Grand is�anc�. NE
<br /> C88�'I, The Real Property tax ident�fication number is 4����9'I��.
<br /> CR�55-C�LLATERALIZATlUN. �n addition to the Nvte, �his Deed of Trust s�cures all o�ligations, dehts and liabilities,
<br /> plus int�rest thereon, af Trustor�o Lender, or any ane or more of them, as well as all claims by Lender against Trustor
<br /> o�- any �ne or more of them, whether now existing or hereafter arising, whe�her ��lated or unrslated to the purpose o�
<br /> the Nv�e, whether �ofuntary or ❑therv►►ise, whether due ar nat due, direct or indir�ct, determined ❑r undetermin�d,
<br /> absolute ar c�nting�n�, liquidated vr unliquidat�d, v+rhe#her Trus�or may be liable indi�idually �r jointly with others,
<br /> whether vbliga�ed as guarantor, surety, accommvdation party or otherwise, and whether recovery upan such amounts
<br /> may be or hereafter may become harred by any s�a�ute of limitafiions, and whether the abfigation�o repay such am�unts
<br /> may be or hereafter may becvme otherwise unenforceabfe.
<br /> FUTURE ADVANCES. ln addition to the Note, this ❑eed a#�Trust secures all#u�ure ad�ances made by Lender to Trustor
<br /> whether or not �he ad�ances are made pursuant to a cammitment. Specifically, without limitati�n, this Deed of Trust
<br /> secur�s, in addition tv the amounts specified in ths Note, all fu�ure amounts Lende�- �n its d�scretion may loan to
<br /> Trus�tor, tvge�her with all in�erest the�ean.
<br /> Trustor presently assigns to Lender �also knvwn as Beneficiary in �his Deed af Trusty all vf Trustor's right, title, and
<br /> interest in and to al[ present and future leases of the Property and a�[ Rents frvm the Prvper�y. fn addition, Trustvr
<br /> gran�s�o Lender a lJnifarm Commercial �ode security inter�st in the Persona� Praperty and Rents.
<br /> THiS aEED �F TRUST. 1NCLUDIN� THE ASSICNMENT �F RENTS AND THE SECURITY 1NTEREST IN THE RENTS AN❑
<br /> PERS�NAL PRaPERTY, IS GIVEN TD SECURE {A� PAYMENT QF THE iNl]EBTE�NESS AN� ��� PERFaRMANCE �F
<br /> ANY AND ALL �BLl�ATIQNS UNDER THE tV�TE, THE RELATED Q�CUMENTS, AND THIS DEED �F TRUST. TH�S
<br /> ❑EED QF TRUST �5 G�VEN AND AC�EPTED�N THE F�]LLOINING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as oth�rwise pro��ded �n this Deed vf Trust, Trustor sha[[ pay to Lender all
<br /> amaunts secur�d by this Deed o� Trust as they be�ome due, and shall strictly and in a timely manner perform all �f
<br /> Trustor's obligations under the Nvte, fihis Deed of Trust, and the Related Da�uments,
<br /> P�SSESSION AND MAINTENANCE �F THE PRDPERTY. Trustor agrees that Trusfiar's possession and use of the
<br /> Prape�ty shali �e ga�erned by the following pro�isions;
<br /> Possessivn and Use. Un�il the a��u�ren�e of an E��nt �f D��ault. Trustvr may ��� remain in possession and
<br /> con�rol of the Property; �2j use, operate or manage the Property; and �3y c�llect the Rents from the P�operty.
<br /> ❑uty to Niain�ain. Trustar sha�� main�ain the Prop�rty in tenantable condi�i�n and promptly perfarm all repairs,
<br /> replac�ments, and ma�ntenan�e necessary ta preser�e its�alue.
<br /> Cvmpt�ance ilVi�h Environmental Laws. Trustor repr�s�nts and v►rarran�s �o Lender that: �1 y During the period of
<br /> Trustor's o►rvnership vf the Property, there has been no use, genera�ian, manufacture, st�rage, trea�tment, disposal,
<br /> release �r threatened release v'� any Hazardous Subs�ance hy any persan on, under, ab�ut or from the Proper�y;
<br /> ��� Trustar has no knowledge ❑#, or reason �o belie�e that there has been, except as previously disclosed to and
<br /> acknawled�ed by Lender in writing, ta� any breach vr violation o� any En�irvnmenta� Laws, �by any use,
<br /> �enera��an, manufacture, stvrage, treatment, disposal. release ar threa�ened r�lease �f any Hazard�us Suhstance
<br /> on, under, abaut ar from #he Prvper�y by any pr�ar owners vr occupants of the Praperty, or 4c� any ac�uaf or
<br /> thr�atened li�igat�vn ar claims a� any kind by any persan relating to such mat�ers; and �3y Excep� as pre�ivusly
<br /> dis��osed to and acknvwledged by Lender in writing, �ay neither Trustor nor any t�nan�, con�ractor, agen�❑r o�her
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