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<br /> 1NHEN REGC3RDED 11�lAIL T�:
<br /> Exchange Bank
<br /> G�-Svuth Locust Branch
<br /> 939 S Lacus�5t
<br /> Grand Island NE 6880'I F�R REC�RDER'S USE�NLY
<br /> DEED DF TRUST
<br /> THiS DEED aF TRUST �s dated January �9. 2�'i�, amon� G�orge Milian Jr. and Monica Millan;
<br /> husband and wife {"Trustor"�; Exchange Bank, whose address is G� � 5outh La�ust Branch, 939
<br /> S Lv�ust St. Grand Island. NE �884� �referred to belaw svmetimes as "Lenderrr and sometimes
<br /> as "Beneficiary"�; and Ex�hange Bank. whose address is PDB 76�, Gibbon. N� 6884� tr�eferred
<br /> ta below as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. For�aluable consideration, Trustor con�eys �a Trustee in trus#, 1NITH P�VIIER �F SALE,
<br /> for the bene�Fi� af Lender as Beneficiary, ai� of Trustvr's right, titfe, and interest in and to the following described real
<br /> property, tog�ther wi�h al� existing or subsequent�y erected or a�fixed bu�[dings, imprv�ements and �F�x�ures; aff
<br /> easemen�s. rights of way, an� appurtenances; all ►►vafier, ►rvater rights and dit�h rights �inc�uding stock in utili�ti�s with
<br /> ditch or irrigation rightsj; and all a�her rights, rayalties, and p�afits relating to the real praper�y, including without
<br /> limitatian all minerals, ail, gas, geatherma! and s�mi�ar matters, �the "Rea� Prop�rty"� located in Ha�� Cvunty,
<br /> State of Nebraska:
<br /> Lvt Two ���, BioGk Th�rty�fi�� �35�. Charles Vllasmer's Addition to the �ity vf �rand Island,
<br /> Hall County. Ne�raska
<br /> The Rea� Property ar its address is �or�mon�y known as 7��9 W Louis�. Grand �sland, NE
<br /> �88D'I. The Reai Property tax identification number �s 4�U'I Q94�8.
<br /> CRaSS-C�LLATERALIZATIaN. in addi�t�on to the Note, this Deed of Trust�ecu�-es a�l �bligations, debfis and iiabili�ies,
<br /> plus interest thereon, of Trustor tv Lender, vr any ane or more v�them, as weii as a�l c�aims by Lender against Trustar
<br /> ar any one vr more vfi fihem, whether now existing ar hereafter arising. whe�her rela�ed or unrelated to the purpas� vf
<br /> the Na�e, whether �oluntary or otherwise, whether due or not due, dire�# ar indirect, determined or undeterm`rn�d,
<br /> absa�u�e vr cantingent, liquida��d or un#iqu�da�ed, whether Trus'�or may be liable indi�idually or ja�ntly ►n►��h others,
<br /> ►rvhether obligated as guarantor, surety, accommodativn par�y or otherwise, and whether reca�ery upon such amounts
<br /> may be or hereafte�may become barred hy any statu�e o�limitations, and whether�the abliga#ion to repay such amaunts
<br /> may be or herea�ter may become otherwise unenfvrcea�le.
<br /> F'UTURE ADVANCES. 1 n additian to the Nate, this Deed v�Trusfi secures all future ad�ances made by Lender t❑Trustor
<br /> whether or nat the adWances are made pursuant tv a c�mmitment. Spe�i#iGally, without limitation, this Deed of Trus�
<br /> secures, in addition fio the amoun�ts specified in the Note, ali future amounts Lender in its discre�ian may loan to
<br /> Trustar. tagether with ail interest�hereon,
<br /> Trus�or presently assigns ta Lender �also knawn as Beneficiary in this Deed of Trus�} all of Trustor's righ�r fit�e, and
<br /> interest in and �o a�! present and future �eases a� the Property and al! Rents from �he Property. ln addition, Trust�r
<br /> grants to Lender a Uniform Commercial Code se�ur�ty interest in the Persona� Prvperty and Ren�s.
<br /> THIS DEED❑F TRUST, �NCLUDING THE ASSIGNMENT�F RENTS AN[]THE SECUR�TY INTEREST IN THE RENTS ANi�
<br /> PERS�iVAL PRaPERTY, IS G1VEN T� SECURE �A] PAYMENT OF THE INDEBTEDNESS AND tB� PERFQRMANCE �F
<br /> ANY AND ALL aBLIGATIC�NS UNDER THE N�TE. THE RELATED DQCUMENTS. ANf] THIS ❑EED �F TRUST. THIS
<br /> DEED 4F TRUST IS GIVEN AND ACCEPTE❑ON THE FOLL�WINC TERMS:
<br /> PAYMENT AND PERF�RMANCE. Excep� as atherwise prv�ided in th�s Deed vf Trust, Trustvr shal! pay to Lend�r af[
<br /> amaunts secured by this �]eed of Trus� as �hey become due, and sha�l st��c#�y and in a �imely manner perf�rm all of
<br /> Trustor's obligations under the Note� fihis Deed o#Trust, and the Related Documents,
<br /> P�SSE551�N AND �'V1A�NTENANGE �F THE PR�PERTY. Trustvr agr�es that Trustar's passessian and use of the
<br /> Property shall be go�erned by�he�ollowing prv�isions:
<br /> Possession and Use. Unti! �he vccur�-en�e o� an E�ent of Default, Trus�or may {'1 y remain in passession and
<br /> control of the Property; t�� use, aperate or manage the Prvperty; and �3y co[Cec't�he Rents�ram the Proper�y.
<br /> Duty tv Maintain. Trus�or sha�� maintain �he Praperty in tenantabfe cvnditivn and promp�fy perfvrm all repairs,
<br /> repla�ements, and maintenan�e necessary tv preser�e i�s�alue.
<br /> �omplian�e Vllith En►►irvnmental Laws. Trusfior represents and warrants to Lender'�ha�: {1� During the period of
<br /> � Trustar's ownership af the Praperty, there has been no use, generation, manu�a�ture, starage, treatment, disposal,
<br /> release or threatened release v� any Ha�ardous Substance by any persvn on, under, �baut ar frvm �he Property;
<br /> �2� Trustor has na knowledge o�, �r reason to �e��e�e �hat th�re has been, except as pre�iousfy di�clased tv and
<br /> acknowledged by Lender in writing. �ay any breach or �iolation af any En�ironmen�al Laws, �b} any use,
<br /> generatian, manu�acture. s�orage, �reatment, disposa�, refease or thr�atened re[ease of any Hazardous Subs�ance
<br /> on, under, abaut ar fram the Property by any prior ouvners or oGcupants of the P�operty, or tc� any ac�ual or
<br /> threatened litigation ar claims o� any kind by any person re�ating t� su�h mat'ters; and �3� Except as pre�iously
<br /> dis�losed tv and acknowledged by Lender in writing, 4a} ne��her Trustor nor any tenant, �antractor, agent or o�her
<br /> au�horized user of the Property shail use. generate, manufac�ure, store, treat, dispase of or release any Ha�ardous
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