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<br /> VIJHEN RECDRDED NiAIL T�:
<br /> Ex�hange Bank
<br /> GI -AIlen 13r'r►►e Branch
<br /> "1��4 Allen Dr
<br /> PD Box 5793
<br /> Grand lsland, NE s88Q� F�R REGaRDER`5 USE�NLY
<br /> DEED �F TRUST
<br /> THCS DEED �F TRUST is dat�d Marcn 8, 2�'16, amang Tray L. Huff and Tam�e IVI. Huff;
<br /> Husband and INife t"Trustor"'�; Exchange Bank, wn�se address is G� - Allen Dri►►e Branch. 'I Z�4
<br /> A11en I�r, P� Bvx a793. �rand lsland. IVE 68��2 �rsferred to be�ow samet�mes as "Lender" and
<br /> som�times as "Beneficiary"'�; and Exchange Bank, whose address �s PC]B 76�, ���ban, NE
<br /> �884� �referred tv belvw as "Trustee"�.
<br /> CONVEYANCE AN❑ GRANT. For�aluabie consideration, Trus�or can�eys to Trustee in trus�, WITH POWER �F SALE,
<br /> �ar th� bene�it of Lender as Beneficiary, all of Trustor's right, tit�e, and in�erest �n and �o the '�a�ivwing described real
<br /> praperty, �ogether with aii existing or subsequently ere�ted or affixed build�ngs, impro��men�s and �ixtures; all
<br /> easements, rights of way, and appurtenances; a�i wa�er, water rights and d�tch righ�s �including s�ock in util�ties wi�h
<br /> ditch �r irrigation rights}; and af[ other rights, �oyalties, and prv#its relating to the real property, in�[uding wi�hout
<br /> �imitation all minerals, vi�, gas, geothermal and similar matters, �the "Real Property�"� I�cated in Ha�� Cvunty,
<br /> State af Nebraska:
<br /> Lot Ten �'i��, Block 5e�enteen ��7� �n Cflllege Addit�on to 1�Vest Lawn, in the City of Grand
<br /> ls�and. Ha[[ Caunty. Nebraska
<br /> The Real Prvperty or its address is commonly known as ���5 N Park Arre. Grand Island. NE
<br /> �88�3. The Real Prap�rty tax identif�cat�an number �s 4�D�3483�.
<br /> CRaSS-C�LLATERALfZATiDN. In additi�n to the Nvte, this Deed vf Trust secures all obiigations, debts and liabi[ities,
<br /> pfus interest thereon, of Trustor ta Lender, �r any vne or more of�hem, as we;l as aff c�aims by Lender agains�Trustor
<br /> or any vne or more o�them, whether now existing or hereafter arising, wh�ther related ar unrelated to the purpose o�
<br /> the No�e, whether �vluntary or ❑therwise, whether due �r nofi due, direct vr indirect, determined or undet�rmined,
<br /> ahsolute or con�ingent, liquidated or unliqu�dated, whether Trus�or may he liable indi�idual�y or jvintfy with o�hers,
<br /> whe�her af��iga�ed as guarantor, sure�y, accommvda�ion party vr otherwise, an�d whether �e�v�ery upon such amaunts
<br /> may be or hereafter may hecom� barred by any s�a�ute���imitations, and whether the obligation�o repay such amounts
<br /> may be�r hersafter may become atherwise unenfvrceable.
<br /> FUTURE ADVANCES. I n addition�o�he Note, this Deed o�Trust secures a�l future ad�an�es made by Lender to Trustor
<br /> whether or nvt the ad�ances are made pu�suant tv a �ommitment. Specifically, without limita�ion, �his Deed of T�ust
<br /> secures, in addition to �he amaun�s spec��ied in the Not�, all future amvun�s Lender in its discret�on may Ioan to
<br /> Trus�or, together with all interest thereon.
<br /> T�us�or pr�sently assigns to Lender �also known as gen��iciary in this Deed of Trust} a�l of Trustor's righ�, title, and
<br /> interest in and �o af� present and fu'�ure [eases of the Property and a[� Rents from the P�oper�y. In addition, Trustor
<br /> grants to Lender a Uniform Commercial Cade security interest in'the Personal Property and Rents.
<br /> THIS DEE❑aF TRUST, INCLUD�NG THE ASSIGNMENT DF RENTS ANO THE SECURITY lNTEREST IN THE RENTS AND
<br /> PERSDNAL PRUPERTY, 1S GIVEN TQ SECURE �Aj PAYMENT �F THE INDEB`�EDNESS AND �6� PERF�RMANCE UF
<br /> ANY AND ALL �BLIGAT[�N5 UNDER THE N�TE. THE RELATE� ❑QCUMENTS. AIVD TH15 DEED DF TRUST. TH15
<br /> DEED QF TRUST IS G1VEN AND ACCEPTE❑�N THE F�LL�INING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as otherwise pro�ided in this Deed of Trust, Trustor sha[� pay to Lender all
<br /> amounts secured by this Deed �f Trust as they become due, and shall stri�tl�y and in a timely manner perfarm af� v�
<br /> Trustor's ob�iga�ians under the Na�ke, this Deed of Trust, and the Related Da�umen�s.
<br /> PC]SSESSIDN AN❑ MAINTENANCE DF THE PRDPERTY. Trustar agrees fihat Trusto�'s possess�on and use ofi the
<br /> P�vper�y sha�l be gove�ned by the follvwing pro�isions:
<br /> Possession and Use. Untif the occurrence of an E�ent Qfi ❑efault, Trustor may �1� remain in possession and
<br /> �on�rol of the Property; ��y use, vperate a�manage�he Property; and {3� cvilec��he R�nts fram the Property.
<br /> Duty ta Maintain. Trustor sha[[ main'tain the Property in t�nantable condition and promptfy perfvrm a�� �epairs,
<br /> rep�acements. and ma�nt�nance necessary to preser�e its�alue.
<br /> Compliance Wi#h Enviranmental Laws. Trustor r�presents and wa��ants �o Lender that: �1� Du�ing �he period of
<br /> Trustor's ownership af�he Property, �here has �een no use, generati�n, manufacture, storage, �reatmen�, dispvsal,
<br /> re[ease vr threatened refease af any Hazardous 5ubstan�e by any persan on, under, abou� vr �rom the Property;
<br /> t2� Trus�or has nv knowledge of, ar reasan �o beli��e that�here has been, ex�ept as pre�iousfy disclased to and
<br /> acknowledged by Lender in wri�ing, �a} any breach or �iolation of any En�ironmental Laws, �b} any use,
<br /> generation, manu�ac�ure, storage, �reatment, disposa[, release vr threatened release of any Hazardous 5ubs�an�e
<br /> on, under, ab�ut or frvm the Prvperty �y any privr owners or oc�upants of the Pr�perty, or �cf any ac�ual ❑r
<br /> threatened litigation or claims af any kind by any person re�ating to such matters; and �33 Except as pre�iausly
<br /> disclased to and acknvwledged by Lender in writing, ta} n�ither Trustor n�r any tenant, contrac�or, agent or other
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