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rn <br /> m I�] � � <br /> rnm � y rn <br /> o �� � � �rn � rn <br /> �, �o rn � � o <br /> o �z � � z� � � <br /> o �� � � �z � � <br /> o z� � � �rn � — <br /> cr �� � � �ov � cn <br /> rn� rn �� � � <br /> rn� � � =c�r� � � <br /> �o � � � � <br /> a�� r� <br /> �o � .�.� Z <br /> o� C� � � <br /> � Z <br /> � <br /> WHEN REC�RDED MAIL T�: <br /> Exchange Bank <br /> GI -Allen❑ri�e Branch <br /> "12Q4 Allen I]r <br /> P�Box �793 <br /> Grand Is�and, NE �88Q2 FOR REC�RDER'S USE�NLY <br /> ���rn�i r.r��iir`.rrrr� i � ---�r�un� <br /> DEED �F TRUST <br /> TH1S DEED �F TRUST is dated April 'I, 2�7 S, amang RAYNl�ND J D'C�NN�R, nat persanally <br /> but as Trustes on behalf of RAYMDND J. �'��NN�R REV��ABLE LIVIN� TRUST; and <br /> JENNIFER S. D'��NfV�R. nat psrsonally but as Trustee on behalf of JENNIFER 5. �'C�NN�R <br /> REV��ABLE LIVING TRUST �"Trustor"�; Exchange Bank, whose address is GI - Allen Dri►►e <br /> Branch, 'I��4 A�len Dr. P� Box 5793, Grand Island, NE 68842 treferred to below sometimes <br /> as "Lender" and svmetimes as "Beneficiary"�; and Exchange Bank, whase addr�ss is P�B 7��, <br /> Gibbon, N E 68$4� t referred to below as "Trust�e"�. <br /> C�NVEYANCE AND GRANT. For�aivable consideration, Trustor�on�eys to Trustee in trust. WITH P�VIIER �F SALE. <br /> for the benefit of Lender as Bene#iciary. all of Trustor's right, title, and interest in and �v the fvllowing described reai <br /> prap�rty, together with all exis�ing or subsequently sre�ted ar affixed buildings� impro�ements and fixtures; a�L <br /> easements, rights of way, and appurtenances; al� water. water rights and ditch rights 4in�luding stock in utilities with <br /> ditch or irrigation rightsf; and all other rights, rvyalti�s, and profits relating to the real prvperty, inctuding withvut <br /> limitation all minerals, vil, gas, geothermal and similar matters, �the '*R�al Prvperty�'� Iocated in Hall �vunty. <br /> State of N ebras ka: <br /> See Exhibit "A", which is attached to this ��ed of Trust and made a part of this aeed af <br /> Trust as if fully set farth harein. <br /> The Real Praperty or its address is commvnly known as 22�8 N Vlle#�b I�d. Grand �sland, NE <br /> �88�'1. The Real Prop�rty tax identificatian number is 4�U�9289�: 4��29342D. <br /> CR�SS-C�LLATERALIZATI�N. In additivn to the Note, this aeed of Trust secures all obligatians, d�bts and liabilities, <br /> plus interest therefln, of Trustvr to Lender, �r any�ne❑r rnore of them, as well as all claims by Lender against Trustor <br /> or any one or more of them, whether nov►► exis#ing ar hereafter arising, whether related or unrelated to th� purpose of <br /> the Note, whether �vfuntary or otherwise, whether due or not due, di�ect or indirect, determined or undetermined, <br /> absolute or contingent, liquidated or unliquidated, whether Trustvr may be iiabl� indi�idually ar jointly with vthers, <br /> whether obligated as guarantor, surety, accammvdation party or otherwise, and whether re�v�ery upon such amounts <br /> may be or hereafter may hecvme barr�d by any statute vf limitat�ans, and wheth�r the vbligatian to repay such amvunts <br /> may be or hereafter may bec�me atherwise unenforceab#e. <br /> FUTURE ADVANCES. I n addition ta the Note, this Deed of Trust s�cures alE future ad►►ancss made by Lender ta Trust�r <br /> whether ar not the ad�ances are made pursuant to a �ommitment. Specifically. without limitation, this Dsed of Trust <br /> se�ures, in addition to the am�unts specified in the Nvte, all future amounts Lender in its discretion may Ioan to <br /> Trustor,together with all interest th�reon. <br /> Trustvr presently assigns to Lender �aiso known as 6eneficiary in this Deed of Trustf all of Trustor's r�ght, title, and <br /> interest in and to all present and future leases ❑f the Prvperty and all Rents from the Property. In add�tion, Trustor <br /> grants to Lender a Unifarm Comme�ciai Cade se�urity interest in the Pers�nal Property and Rents. <br /> TH15 �EED QF Tf�UST, INCLUDiNG THE ASSIGNAAENT�F RENTS AND THE SECUR�TY INTEREST iN THE RENTS AN� <br /> PERS�NAL PR�PERTY, �S GIVEN T� SECURE �A} RAYIVIENT �F THE INDEBTEDNESS AN� �Bj PERF�RMANCE �F <br /> ANY AND ALL a6L�GATI�NS tJNDER THE N�TE, THE R�LATED D�CIJMENTS, AND THIS DEEO �F TRUST. THIS <br /> DEEO aF TRUST IS G1VEN AND ACCEPTED�IV THE FDLLQINING TERMS: <br /> PAYMENT AND PERF�RMANGE. Except as vth�rwise pr��ided in this Deed of Trust, Trustor shall pay tv L�nder all <br /> amounts secured by this Deed of Trust as they be�ame due, and shall strictly and in a timely manner perform all Qf <br /> Trustor's ohligations under the Note, this Deed af Trust. and the Related Do�uments. <br /> P�SSESSIQN ANa MAiNTENANCE �F THE PRQPERTY. Trustvr agrees that Trustor's possession and use of the <br /> Prvperty shall be go�erned by the following pro�isivns: <br /> Possession and Use. Until the o��urrence of an E�ent vf aefault. Trustor may �1 y remain in possession and <br /> cvntr�l o#the Property; �2} use, operate or manage th� Property; and {3� collect the Rents from the Property. <br /> Duty tv Main#ain. Trustar shall maintain the Prvperty in tenantable condition and promptly perform all repairs, <br /> replacements, and maintenance necessary tv preser�e its�alue. <br /> Compliance With En�ironmenta� Laws. Trustor represents and warrants to Lender that: �1 y During the periad of <br /> Trustor's❑wnership of th� Pr�perty, there has been nv use, generativn, manufacture. storage, treatment, disposal, <br /> release or threatened releas� of any Hazardvus 5ubstance by any person on, under, abvut or from the Property; <br /> t�} Trustor has nv knowledge of, ac reas�n to belie�e that there has been, except as pre�iously disclos�d ta and <br /> a�knowledged hy Lender in writ�ng, �a� any breach or �iolation of any En�ironmental Laws, �by any use, <br /> generati�n, manufacture, st�rage, treatment, disposal, release vr threa�ened release ❑f any Hazardvus 5ubstance <br /> on, under, about or frvm the Property by any prior owners ar ❑ccupants o� the Prvperty, vr �c� any actual or <br />