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<br /> VIIHEN REC�RDED IVIAIL T�:
<br /> Exchange Bank
<br /> GI-All�n Drivs Branch
<br /> 'I 2�4 Al�en Dr
<br /> P�Box 5793
<br /> Grand lsland, NE fi88�� F�R REC�RDER'S USE�IVLY
<br /> �w������ir���i��wr�^� ��������mns����i�rw���i�r���^��wriir�rM�i��nn�r�w�ru����in��fnwrrr��
<br /> �EE� �F TRUST
<br /> THiS DEED �F TRUST is dated IVlarch �, 2�'1�. among Matthew IIA. Panawicz and Sar�h 5.
<br /> Panvwicz. Husband and Wife �"Trustar"�: Exchange Bank. whas� address �s GI - Al��n Orive
<br /> Branch. ��D� A�len Dr, PD Box 5793. Grand Island. NE �85�� {refarred tv below somet�mes
<br /> as "Lender" and sometimes as "Beneficiary"y; ar�d Exchange Sank, whose adt�ress is 14 LaBarre
<br /> Street. Gi#�bon, NE �8�4� �referred to �e�ow as "Trustee"�.
<br /> CONVEYAl��E AND�RANT. Fvr valuabl�ct�nsider�tion,Tru�toi con�eys to Trustee in trust, WITH P�WER �F SALE,
<br /> for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the fo�lawing descr�bed real
<br /> property, toge#her w�th all existing or subsequently �rected vr aff'rxed buildings, impro�ements and fixtures; al�
<br /> eas��ents, rights ot way, and appurtenances; all water, water rights and dit�h rights �inc�uding stock in utilities with
<br /> ditch or 'rrrigation righ#s]; and all ❑ther rights, rvyalti�s, and prQfits r��ating ta the real prap�rty, including without
<br /> limitativn all minerals, oil. gas. g�othermai and similar matters, �the *'Real Property'*y located in Hall Caunty,
<br /> Stste of Net�rssk�:
<br /> Lot 2. A and E Secvnd Subdi�is�on. Hall County. Nebraska
<br /> The Rea! Praperty or its address is common�y kn�wn as 7�51 IN. Hwy 2, Gr�nd !sland. NE
<br /> 6�8��. The Real Prvperty tax identificativn number is 4�� 47 7 7 4�.
<br /> f�EV�LVING LINE �F CREDIT. This Deed af Trust secures #he �ndebtedness including, wrthout iimi#ation, a re�vl►►ing
<br /> �ine af Gredit, wht�h obli9a#es Lender to make ad�an�es to Trustor so Iong as Trustor complies with al�#he terms af the
<br /> Crsdit Agreament. 5u�h advances mey be made, repaid, snd remade frvm tim�to time, suhject tn the fimitetion that
<br /> the #otaf vutstanding ba�ance owtng at any one tims, nat including financs charges vn such bal�nce at a fixed ar
<br /> r►ariable rate or sum as provided in the Credit Agreement, any temporary a�erages, a#hsr charges, and any amaunts
<br /> expended or advan�ed as pro�ided in erthe�the ��d�btedness pa�egraph or thi� peragraph, s�a��not ex�eed the Credit
<br /> Lim�t es pro�ided in the�redit Agrsement. it is#he in#en#ian of Trustor and Lender that this �eed o�Trust secures the
<br /> balance outstanding undgr the Credit Agreement frvm time to time from zero up tv the Credit Limit as prv�ided in#he
<br /> Credit A�reement and any intermed�ate b�lance.
<br /> Trustor presently assigns to Lsnder �als❑ known as Benefic�ary in this D��d af Tfus#1 ell o� Trustar's right, title, and
<br /> interest in and to all present and future leases of th� Property and all Rents fram the Prvperty. In additivn, Trust�r
<br /> grants to Lender a Uniform Commer�ial Cade security interest in the P�rsvnal Property and Rents.
<br /> THIS aEED aF TRU�T. 11VCLUDING THE ASSIGNIIAENT DF RENTS AND THE SECURITY iNTEREST IN THE RENTS AN�
<br /> PERS�NAL PRaPE�TY, IS GIVEN T� SECU�E �A� PAYMENT aF THE RNDEBTEDNESS AND {B� RE�F�f�N{ANCE�F
<br /> EACH DF TRUST�R"S AGREEMENTS AND �BLIGATI�NS UNDE� THE CREDlT AGREEMENT, THE RELATED
<br /> a�CUMENTS, AW� THIS �EED aF TRUST. TH15 DEED �F TRUST �S GIVEN AND ACCEPTED �N THE F�LL�WING
<br /> TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as otherwise provided in thts �eed of Trust, Trustor shall p�y to Le�d�� at�
<br /> amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all �f
<br /> Trustor`s obligatic�ns under the Credit Agreement� this Deec#�f Trust, and the Related Dacuments.
<br /> P�SSESSI�N AND MAINTENANCE �F THE PR�PERTY. Trust�r agrees that Trustar`s passession and use af the
<br /> Property shall be yo�erned by the�o�lawing pro�isions:
<br /> Possession and Use. Until the ac�urrence of an E�ent af De#ault, Trustvr may �1� remain in possession an�
<br /> cantr�l of the �roper#y; �2} use, operate or manage the Prvperty; and �3� collect the Rents frvm the Property.
<br /> �uty #a Maintain. Trustor sh�ll maintain the Property in good condition and prvmptly perfarm all repairs,
<br /> rsplacem�nts, and maintenance neGessary to preser�e it$�alue.
<br /> Compliance 1lVrtt� En�irvnmenta!Laws, Trustoe represents and warran�s t� Lender that: �"�� ❑uring the period ofi
<br /> Trustor's ownership a#the Propsr�y, there has heen na use, generatian, manufactur�. st�rag�, treatment, disposal,
<br /> release or threatened release of any Hazardous 5u�stance by any person on, under. ahout ❑r from the Property;
<br /> [�� Trustor has no knowledge of, v� ��as�n to #�lie►►e that th��e has been, except as pre�ivus�y disclosed to and
<br /> acknowledged by Lender �n writing, �af any hreach or ►►ialativn of any En�irvnmental Laws, tbj any use,
<br /> generativn, manufacture. storage, �reatment. disposal, release ❑r threatened release of any Hazardaus 5ubstance
<br /> an, under, abaut or from the Praperty by any prio� owners or occupants a� th� Prvperty, �r ��� any actua� �r
<br /> threatened litigatian or claims of any kind by any person relating to such matters; and �3� Except as pre�iously
<br /> disclosed t❑and acknowledged by Lender in writing, taf neither Trustor nar any t�nant, contractor. agsnt or other
<br /> autharized user of the Praperty shafl use, generate, manufacturg, sto��, t�eat. �lispose of or relsase any Heiardous
<br /> Substance on, under, ahout vr from the Propecty; and {bf any such acti�ity shall he conducted in campliance with
<br /> all applicabfe federal, state, and �acal laws, regu�ations and vrdinances, inc�uding withvut limitativn all
<br /> En�ironmental Laws. Trustor authoriZes Lender and �ts agents to enter upon the Property �o make such
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