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rn m � � � rnm � y rn ' o �� rn � rn a� �o rn � �C p � � �z � � Z� � � � �� Z �Z �7 U] o z� � � � — a� �� p � �ornv � Cn , rn� rn �� � rn� o � =c�i� �7 c �° cn � � � Cr� � r� OD Q � �� p� � � � � Z � 1NHEN RE��RDED IVIAIL T�: Exchen�e B�nk Gibbon Bir�nc�r 14 LaBerr�Street P�Box 7� ibb�n NE R RE �RDER' E LY DEE� �F TR�ST THI� aEE�3 �F TRLJST is dated J�nuary ��. ��1 S. among ��UGLAS F PETERS and PAlIAEL►4 TH��IAAS-PETER�, Hus�and �nd Wife whos� address is P � B��C 33�. W��a RIVER. NE �8883 �"Trustar"}; Exch�r�g� Bank, whase addre$� i� �ibban Branch: '1� La�Barre �tre�t. P� B�x 7��, �ibb�n. NE G8� �r�ferred #� below sam�#�m� �s "L�nc�er" and sametimes as "�n��i�iary"}; and Ex�hange 6ank. whQse addres$ is P�� 7�, �ib�an. NE f�8� tr�ferre�i t� bel�w�s "Trus#se"�. CONVEYANCE ANa GRANT. Far r�slusblg considaretian.Truatar camrsys to Tru�t�s iir�trust.WlTH R�WER�F SALE. for th� b�n�f�t�#L�ndsr as Bene�iciary. a1! af Trustor's right, title. and interest in end ta ths foilowing desc�ribed rea� prop�rty, together w�th ell existing ar suasec�uent#y er�c�ed ar �ffixed buiidings� improuements and fixtur�s; afl easements, rights o�wey. end appurtenancea; ell water, w�tsr rights and ditch rights tincluding st4ck in ut�li#ies wi�h ditch or ir�igat��n rightsy; antl e�� a#her rights� royalties� end profits relstin ta the �aai pr�pert�.,includin without ' • im�i r matters th� "R�I � e " lo�ated �r� Hall ��ur1 , I+mitation all mirrersls. oil' gas, geathermel�nd s a , � p �"ty f �Y State o#Nebraska: Lot Ten �� nd the Vllast Fourteen Inc�es tW 14"� �f L�t Ele�en �11 y, i� Biack Tw�nty-ane {21 y. �ri�inal Tvwn af 1Naod Riv�r, Hail �aurrty, Nel�ra�ka Th� Reai Prop�rty ar its addrass is camrn�nly kn�wn as '10� E 9th. Wood River. NE �858�. GR�SS-C�LLATERALI�ATI�N. In �dd�ti�n to#he Not�, this Deed of firust secures s��obligatians, debts end lieb��ities. plus interest thereon, of e�ther Trustar or Bor�owar #o Lender. �r any one or more of them, as weil a� �I! clatms by Lend�r �gainst Borrnvrrer antl TrUstor�r�ny ane Qr rnor�af them, whe#h�r now existing or h�reaft�r e�ising� whether ��Istad or unre�ated t� #he pur�o�e of the Note� wFrether �oluntsry ��r �th�rwis�, wh��h�r due or nat du�, dire�t ar indire�t� determined or undetermin�d� eb�olute �r cantingent, liquid�ted or unliqu�tlated, whether Barr�w�r ar Trustar msy be �ia�l� indi�idu�lly or �ointly with a#hers, whather oblig�ted es �uarantor. surety, �cc�mmode#ion party ar otherwise, �nd whether r�covary upan sUah �mounts m�y be ar here�fter may became b8rr�d by $ny s#atute of iirnitat�ons. an� whether th� Qbli��tion ta repey such amounts may be or herea��ter may be�orne atherwiae un�nfarceable. FUTURE AaVAlI10ES. In adt�ition ta the Note. this �eed af Trust se�uras ail futur� ed�an�es made by Len�er #o �Qrrvwer or Trus#or wheth�r�r not th�ad�ances�re m�d�pursuant to a c�mmitrnent. Specifical�� withou�limitation, this �e�d af Tru�t sscures, in addi#ian to the smounts spe�ified in the N�te, ell future �mounts Lender�n its discretian may lo�n ta B�rr�wer or Trustor,�ogethe�r with a�l interest thereon. Trugtar presently assigns �a L�nd�r �als� kr�awn as Banefi��ry in this Desd of Trust} all of Tru�tar's right. titl�, and interest in �nd to eli p�eaent end future 1e�s�s �f the Property �nd all Rents fram the Pro�erty. �n additian, Trustor grants to Lender� Uniform Camm�rci�l Code secur�#Y interest in the Personal Pr�perty and Rents. THI�DEED��TRIJST.iN�LUDiNG THE AS�1�3NNiENT�F RENTS AND THE SECURITY INTEAEST IN THE RENTS AND PERS�NAt PR�]PERTY. 1��IVEN T�SECURE iA� PAYII�ENT�F THE INDEBTEDNESS AND tB� PERF�RMANCE�F ANY AND ALL aBLIGATI�NS UN�ER THE N�TE. THE RELA7Ea D�CUMENTS, AND THIS DEED �F TRLIaT. THIS DEED�F TRUST IS C31VEN AND AGCEPTED�N THE F�LL�WINQ TERMS: TRUST�R'S REPRESENTATi�N� AND WARF�ANTIES. TrUstor w8rr�nts th�t: ��f thi� aeed a�Trus� �s exe�uted at Borr�w�r's reqUest and not at the r$qu�st of Lender; �b} Trustor h��the fu�l �ower, right� and authority t�ent$r intv this Qeed �f Trus� �nd to hyp�thecate the Property; �c� the pro��sions of this De�d af Trust do not c�nilict with. or resul�in a default under sny agreement ar�ther 3nstrument binding up�n Trustor snal do nat r�$ult�n a�r�o1�t��n of any law, regulation, caurt decr�e or arder �ppiic�lale to Trus#or; �dy Trustar hss est�l�li�hed adequet� meens v�obteining • from Borrawar on � ��ntinuing b�si� �nfafmati�n about Bo�rower's #inanci�l canditian; and {ef Lander has rnade no representatian ta Trus#�r about Borrawer�ir�c�uding vr►itha�t limitation the credi#worthiness of�vrrow��f. TRUST�R`S WAIVERS. Trustor wair►es sll ri�ht��r d�f�nsss arising by re�s�n af any "on�a�tian"or"anti-defici�ncy" law, ar any ather law whi�h msy prer�ent Lender from �ringirrg any sc#ion against Trustor. includ�n� a �laim f�r d��ici�ncy t�thg e�tgn# Lender is o#herwise entitisd to a c#�im fiar defi�iency. before or after Lsnder's commenc�ment ar compieti�r�nf any�areGlasure action�either judi�ial�y�r�y exercis�of a power a�sele. PAYMENT AND PERF�RMANCE. Ex�ept as otherwise pra�id�d in th�s�eed o#Trus��Ba��ower and Trustor shelt pay ta Lander all Ind�btedness se�ured by #his Deed of Trust �s it beGomes due, and Borrawer 8nd Trustar shai� strictly per�orm�I!their respectiv�obligeti�ns un�er th�Not��thts Dee�af Tru�t,�nd the Re�ated�acum�nts. POSSES�IC�N AND l�AA1NTENANC� O� THE PR�PERTY. Borrowsr and Trust�r agree #h�# gorrow�r's end Trustv�'s pa�s�s�i�n�nd usa of the Property shal�b��o�►erned by th�following provisions: Passess�an e�d L��. Until the accurrence of �n Euent of Default, Trust�r mey �� r�rnain in possession end