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2� 1 ��2151
<br /> V1J'HEN REG�RDE� l'�lAlL T�:
<br /> First Nationa!Bank flf�maha
<br /> Branch#Q 7� -�rand Island Branch
<br /> 8'14 AI[en Dr
<br /> Grand[sland,NE 68803 _ FflR REC�RDER'S USE�NLY
<br /> t� e
<br /> l�`� � ���1� ��
<br /> � 5s�oo����o���
<br /> DEED �F TRLI�T
<br /> Me4)CIII�iUllr[ LEEN. The lien af this D�ed af Tru�� shall nofi ex��ed a� any one t�me $4�,000.��.
<br /> THIS DEED QF TRUST �s dated January �8, ��'I�, among Jeffrey E Jones, wh�se addr�ss is
<br /> 3838 E Prairie Rd, �rand Isiand, NE 688�'I and �i�helle L Jvnes, whos� address �s 3838 E
<br /> P rai rie Rd f G ran d ls[a n d, N E ��8�'l; Husband and �Yife �"Trustar"}; F�r�t National Bank vf
<br /> �maha, wh�se �ddr�ss is Branch #��'D - Grand [sland Branch, S'[D A11en D r, �rand 1sIand, NE
<br /> �88�3 €ref�rred ta bee�w some�imes as "L�nder" and s�r��tim�s as "B�nefic�ary"}; and First
<br /> Na��onal Bank of amaha , �rh�se address is 8'I� Alien ❑r. , Grand Island , N E �88�'� �r�f�rred
<br /> ta b�iow a� "Trustee'°�.
<br /> G�NVEYAN�E AND GRANT. �or valuabie consideratio�,Trustor con�eys to Trustee in trust,VIIITH P�VIIER�F SALE,
<br /> �or the bene#'it of Lender as Beneficiary, a[I of Trus�or's righ#, tit[e, and interest in and �o #he fol[awing des�ribed r�a�
<br /> property, �agether wi�h al1 exisfing or subsequently erec�ed ar affixed buildings, imprv��ments and fixtures; alf
<br /> easem�nts, rights of way, and appurtenances; al� wa��r, water rights and ditch rights �includ�ng stv�k in u�ili�ies wi�h
<br /> di�ch or �rrigafion rights}; and a[I ❑the� righ�s, rayalties, and pro�i�s r�la�in to the r�af propert , inc�udin withou�
<br /> limita�ian a[1 minerals, ail, gas, geothermal and similar ma�ters, �th� "Rea� �roperty'*} I�cate��n Ha[1 �ounty,
<br /> State af Nebraska:
<br /> 5ee Exhi�it A, which is a��ached t� this D�ed of Trust and rnade a part of thi� D�ed of Tru$t
<br /> as if fully s�#for�h herein.
<br /> The �eal Prope�ty �r its addre$s is cammonly knawn as 383� E Pra�r�e Rd, Gr�nd Is�and, NE
<br /> �88�'1,
<br /> FLl1�L�RE ADVANCES. �n addi�ion to the Nate,this Deed of Trus�secures a[1 futu�-e ad�ances made by Lender��Trustor
<br /> whether ar not the advances are made pursuant to a commitment. Specifically, withau� limita�ion, this Deed of Trus�
<br /> se�ures, in additivn to fhe am�unts specified in the Nate, all future am�unts Lender in its discretian may laan to
<br /> Trusfnr,tvgether with a[I�n�erest therevn.
<br /> Trustor pr�sent[y assigns to Lender �also knawn as Ben�fiGiary in this Deed af Trust} all of Trustar's righ�, �itle, and
<br /> inter�st in and to all present and future �eases af the Property and a�l Rents from the Property. In addition, Trustor
<br /> gran�s�o Lender a Uniform Commercial�ode s�curi�y interes�in the Persana[Proper�y and Rents.
<br /> THIS DEED�F TRUST, INGLIIDING THE AS51GN1VlENT�F RENTS AND THE SE�URITY INTEREST IN TF{E RENTS AND
<br /> PERS�NAL PR�PERTY, 15 GIVEN T� SEGURE {A� PAYMENT�F THE 1NDEBTEDNESS AN❑ [B} �ERF�RIVIAIVGE aF
<br /> ANY AN D ALL �BL[GATt�NS UNDER THE NOTE, T1HE �iELATED D�CIJI'UI ENTS, AN D TH IS �EED QF �RUST, TH IS
<br /> DEED�F TR!!ST[S C�VEN AN D ACCEPTED DN THE F�LL�WIIVG TER11�S:
<br /> PAYMENT AND PERF�RMANCE, Except as otherwise pror�ided in this Deed v�Trust, Trustor shal[ pay ta Lender afl
<br /> amoun�s secured by th�s Deed of Trus� as �hey become due, and sha[[ strictfy and in a time[y rnanner perform a�[ af
<br /> Trustor's ob[igations under the Na�e,this Deed of T�-ust, and�he Relat�d Dacuments.
<br /> P�5SES5��N AN D MAINTENANCE �F THE PR�PERTY. Trustar agrees tha# Trustar's possessivn and use o� the
<br /> Prvperty sha[[be go�erned by the following pro�isions:
<br /> Pvssession and 1lse. Until the vccurren�e of an E�ent of Default, Trustor may �1} remain in possessian and
<br /> contral of the Praperty; ��} use,operate or manage the Prvperty;and �3} ca�lecf the Rents fr�m the Property.
<br /> Du�y to Main�ain. Trustor shall main�ain the Praper�y in �enan�able Gondition and prompt�y perfo�m a[1 repairs,
<br /> rep�acements,and maintenance n�cessary�o prsse�v��ts�a�ue.
<br /> Campiiance tilVith Endiranm�ntal L�wrs. Trustar represents and warrants to Lender that: �'1} ❑uring th� period vf
<br /> Trustor`s vwnership of�h�Prvperty,there has heen n�use,generat�on, manufacture,stvrage,treatment,disposal,
<br /> re(ease �r fihreatened release af any Hazardaus Subs�ance by any person on, under, abou� or from the Property;
<br /> ��} Trustor has no know[edge of, or reason to be�ie�e that there has been, ex�ep�as pre�i�usly disc[vsed to and
<br /> acknvwledged by Lender in writi n g, �a} any breach or �iolation of any Envirvnmen�al Laws, �b} any use,
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