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<br /> VIJHEIV RECURDED MA�L TC]:
<br /> Exchange�ank
<br /> GI -Allen Dri�e Branch
<br /> 't��4 Al�en Dr
<br /> PD Box 5793
<br /> Grand Island, NE 688�2 F�R RECDR�ER'S USE C]NLY
<br /> DEED �F TRUST
<br /> TH�S DEED �F TRUST �s dated March 23, ���6, am�ng Tr�y Huff alkla Tray L. Huff and Tamie
<br /> Huff alkla Tamie IVI Huff; Husband and 1N�fe {"Trustvr"�: Exchange Bank, whos� address is �I -
<br /> A�1en Dr��e Branch, '1��4 Allen Dr, PQ Bax 57�3, Grand Island, NE �88Q� �referred to below
<br /> sometimes as "Lender" and sametimes as "Beneficia�y"�: and Exchange Bank, whase addr�ss is
<br /> P�B 76�. Gibbon, NE 6884� �referred to b�lvw as "Trustee"�.
<br /> C�NVEYANCE AN❑ GRANT. Fvr�aivable cons�derativn. T�ustvr�on►►eys tv Trustee in�rust, WITH PQWER �F SALE,
<br /> #or �he benefit vf Lender as Benefic�ary, all af Trustor`s right, title, and interest in and to the fvllvwing described real
<br /> property, tvgether with a�l existing or subse�uently ere�ted or affixed buildings, impro�emen�s and fixtures, all
<br /> easements, rights of way, and appurtenanc�s; a�� water, water righ�s and ditch rights {including stock in utifities with
<br /> dit�h o� irrigati�n rights�; and a[[ �ther rights, royalties, and profi�s re�ating to �he rea� property, including withau�
<br /> limitation all minerals, oi[, gas, geothermal and similar matters, �the "Rea! Prvperty"3 Iocated in Hall Caunty.
<br /> State of Nel�raska:
<br /> Lot �ne Hundred S�r►enty-fi►►e 4'175� in Buenav�sta Su�di�ision, an Addition to the C�ty of
<br /> G�and Island. Hall County. Nebraska
<br /> The Reai Property or its address is commonly known as 4'15 Nebraska A�e, Grand �sland, NE
<br /> �85�'I. The Real P�operty tax identification number i� 4D�Q�8573.
<br /> CR�SS-C�LLATERALIZATIDN. In addition to the Note, this Deed of Trust secures a�� obligat�vns, debts and liabili�ies,
<br /> plus in�erest thereon, of either Trustor or Borraw�r ta L�nder, or any one or m�re of �hem, as well as all claims by
<br /> Lender agains� gorrawer and Trus�or ❑r any one or more af them, whether now existing ar h�r�af�er ar�s�ng, whe�her
<br /> re�ated ar unrelated to �he purpose of the No�e, whether �oluntary vr otherw�se, whe�her due or nat due, dire�t vr
<br /> indirect, determined vr undet�rmined, absolu�e or contingent, liqu�dated or un�iquidated, whether Borrower or Trustor
<br /> may be liable indi�idually or jointly with o�hers, whether ob[igated as guarantor, surety, accommodatian party ar
<br /> otherwis�, and whe�her reco�ery upon su�h amounts may be vr hereafter may become barred �y any statute v�
<br /> limi�ativns, and whether �he obligativn fio repay such am�unts may be or hereafter may �ecame o�herwise
<br /> unenforceable.
<br /> FUTURE ADVANCES. In add�tifln to the Note, th�s D�ed of Trust secures all fu�ure ad�ances made by Lender �a
<br /> Borrov►rer vr Trustvr whe�her or no�the ad�ances are made pursuant to a commitment. Specif�cally, without limi�ativn,
<br /> th€s ❑eed v#Trust secures, in additivn tv �he amounts specified in �he Nv�e, afl futu�-e amvunts Lender in its discretion
<br /> may Ioan ta Borrower or Trustor, toge�her with all interest thereon.
<br /> Trustor presently assigns to Lender {also known as 6en��iciary in this ❑eed of Trust} all of Trustar`s right, title, and
<br /> infierest in and �o a[[ present and future leases of the Praper�y and a!I Rents from the Property. In addition, Trustor
<br /> grants�o Lender a Uni�arm Commercial Code securi�y interest in the Personal Property and Rents.
<br /> THiS DEED�F TRUST, INCLUDiNG THE ASS�GNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSDNAL PRUPERTY, 15 GIVEN T� SE�URE �A� PAYMENT �F THE INDEBTEDNESS AND {Bf PERF�RMANCE DF
<br /> ANY AND ALL �BLIGATf�NS UNDER THE NQTE, THE RELATED D�CUMENTS, AND THlS DEED QF TRUST. TH1S
<br /> DEED❑F TRUST IS GIVEN AND ACCEPTED ON THE F�LL��JV�NG TERMS:
<br /> TRUSTDR'S REPRESENTAT�(3N5 AND VIIARRANTIES. Trustar warrants that: 4a} this Deed of Trust is executed at
<br /> Bvrrowe�-`s request and not at the r�quest of Lend�r; �by Trustor has the ful� power, right, an�! auth�r�ty to �nter into
<br /> this D�ed of Trust and �a hypothecate the Prape�ty; �c� the p�o�isions ❑f �his Deed of Trust dv not can#li�t with, vr
<br /> result in a default under any agreement or o�her instrument bind+ng upon Trust�r and do not resul� in a ��v�a�ion a�F any
<br /> law, regula�ion, court decree or order appli�ab[e ta Trus�vr; 4d� Trus'�ar has esta�lished adequate means of ❑btaining
<br /> f�vm Borrower on a cont�nuing basis infvrmation about Borrower's finan�iaf candition; and �e} Lender has made no
<br /> r�presentation to Trus�or about gorrow�� {including wifihvu�limi�tatian the cred�tworthiness of Borrowery.
<br /> TRUSTOR'S VNAIVERS. Trustor wai�es all righ#s or defenses ar�sing by reason of any "one action" ❑r "anti-defiGiency"
<br /> law, or any other �aw which may pre�en� Lender from bringing any action against Trustor, in�luding a �laim fo�
<br /> deficiency tv the exten� Lender is othe�wise entit�ed to a �laim f�r deficiency, b�fore or after Lender's cammen�ement
<br /> or cvmp�etion of any forec�osure action, either judicially or by ex�rcise of a power of sale.
<br /> PAYMENT AND PERF�RMANCE. Ex�ept as❑�herwise pro�ided in this Deed vf Trust, Borrower and Trustar shall pay to
<br /> L�nder a�f Indebtedness seCured by this Deed ofi Trust as i� t�ecomes due, and Borrvwer and Trustor shail s�rictly
<br /> perform a[�their respecti�e ok�figations under the Note, �his ❑eed of Trust, and�he l�elated Do�uments.
<br /> PDSSESSIQN AND MAINTENANCE �F THE PR�PERTY. B�r�ower and Trustor agree that Borrawer's and Trustor`s
<br /> pvssessian and use of the Praperty shall be go�erned by the�oilowing pra��sions:
<br /> Possession and Use. Until the occurrence o� an E�ent �� ❑efaul�, Trustor may �1� remain �n possessivn and
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