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<br /> V11H�N RECC�RDED IVIAIL T�:
<br /> �irst Nativnal Bank of Dmaha
<br /> Branch#�?�
<br /> ��23 2nd A�e
<br /> Kea�ne ME fi884� FOR RECDRDER`S U5E�NLY
<br /> r •
<br /> ��� � ���� ��
<br /> * �s4005�����s*
<br /> DEED �3F TRUST
<br /> NfAXiMLIM LIEN. The lien of this Deed vf Trust shalf nvt exceed at any one time $�9,��D.pD.
<br /> TH�� D'E�D aF TFiUST is �ated 1VIay 3, �D'��� among 1Vl�chael A Donner and Amanda J Dnnner,
<br /> Husband and Vllife �"Trustor"�; First National Bank of �maha, whose address is Branch #�7�,
<br /> ��23 2nd A►re, Kearney, NE fi8847 �referred to belaw sametimes as "Lender" and same#imes
<br /> as "Ben�ficiary"�; and Fir�t Na#i�nal Bank of �maha, whose address �s 'I�ZQ Qo�ge �#reet,
<br /> Omaha, NE fi8197 �referred tv below as "Trustee"}.
<br /> CQNVEYAhICE AND GRAN7. Far�a�uable considerativn,Trustvr con�eys to Trustee in trust,VIiITH POVItER OF SALE,
<br /> for the benefit af Lender as Qenefi�iary, all of Trustar's rtght, title, and interest in and to the follnwing described rsa!
<br /> property, together wi�h all ex�sting vr subsequ�ntly erected vr aifix�d bUiltiings, imp�v�ements and fi7ctures; all
<br /> easements, rights of way, and appurtenances; al! water, water rights and d�tch rights �including stocl� in utilities with
<br /> ditch or irrigativn rights}; and all other rights, royaities, and profits relatin �o the real property, includin withvut
<br /> iimi#ation all minerals, �ail, gas, geotherma! and similar matters, �th� "R�ai �roperty"� Iv�ated in HaIE ��unty,
<br /> 5tate af N�braska:
<br /> Lvt Three �3}, Sunset Third Subdi�ision in �he C�ty of Grand Island, Hall County, Nebraska
<br /> The Real �roper#y or i�s addr�ss is commonly knawn as 4�'15 Masan A�e, Grand Island, NE
<br /> f 88t33. The Fteal Property tax identifxcatfvn number is 4��'f�i395�.
<br /> REV�LVING L�NE �F GREDIT. This Deed of Trust secures the Indeb#edness incfuding, withou# limitation, a re�olving
<br /> I�ne ofi credit,which abligates Lender to make ad�ances to Trustar so long as Trustor complies with al!the terms of the
<br /> Credit Agre�ment. Such ad�ances may he made, repaid, and remade from t�me to time, subject to the IimEtation that
<br /> the totat outsta�ding balance awing at any one #,ims, not incl�ding f nance charges on such bafanc� at a fixed ar
<br /> �ariable rate or sum as pra�ided in the Credit Agreement, any temporary o�erages, other charges, and any amounts
<br /> expended vr ad�anced as pro�Eded in either the Indebtedness paragraph vr fhis paragraph, shall not exceed the �redit
<br /> Limit as pro�ided in the Credit Ag�'eement. !t is the intention of Trustor and Lender that this Deed of Trust securss the
<br /> baianGe outstanding under the Credi#Agreement fram#ime ta time from zero up to the Credit Limit as pro�ided in the
<br /> �redi#Agreement and any intermediate balan+ce.
<br /> Trustar presently assigns to Lender �also known as 6eneficiary in this Dsed of Trust} ali of Trustor's right, title, and
<br /> int�rest in and #v aI� present and future ieases af the Praperty and all Rents from the Property. In addition, Trustvr
<br /> grants to Lender a Uniform Commercial�ode security interest�n#he Persona[Prvperty and Rents.
<br /> TH15 DEED�F TRUST, INCLUI]ING THE ASSIGNIVIENT�F RENTS AND 7HE SECIJRlTY iNTEREST IN THE RENTS AN�
<br /> PERSANAL PR�PERTY, IS GIVEN T�SECLJRE �Aj PAYMENT DF THE INDEBTEDNESS AND {Bj PERF�RIIAANCE QF
<br /> EACH �F TRUST[]R'S AGREEiVIENTS AND �BL1GATl�N5 UNDER THE CREDIT AGREEMENT, THE RELATED
<br /> D�CIJMENTS, AND TH15 DEED �F TRUST. THlS DEED UF TRUST !S G�VEN ANI] ACCEPTED QN THE FaLLUWING
<br /> TERN[S:
<br /> PAYMENT AN� PERF�RMANCE. Except as oth�rwise pravided in this Deed o�Trust, Trustor shall pay ta Lender all
<br /> amc�un�s secured by this Deed af�rust as t�ey be�ome due, and shail stric�ly and in a timely manner perform a�l af
<br /> Trustar's obligativns under the Credit Agreement,this Deed of Trust,and the Related Documents.
<br /> PDSSESSIDN AND MAl1�TENANGE DF TIiE PRQPERTY. Trustar agrees that Trustor`s pvssess+an and use of the
<br /> Prvperty shall be go�erned by the fiollow�ng�ro�isions:
<br /> Pvssession and Use. Unti� #he occurrence vf an Event vf D��ault, Trustor m�y (1} remain in possession and
<br /> �vntrol of the Prvperty; ��} use,vperats or manage the Pr�perty;and (3} collect the Ren#s from the Property.
<br /> Duty to Maintain. Trustor shall maintain #he Prvperty in good cQndition and promptfy perform aii repairs,
<br /> . replacements,and maintenance ne�essary to preser�e�#s�a�ue.
<br /> Compliance'With En�iranmenta! Laws. Trustar represents and warrants to Lender that: �1} During the p�riod af
<br /> Trustor's ownership of the Property,there has been nv use,genera�ion, manufacture,storage, treatment,disposal,
<br /> r�lease vr threa#ened reiease �� any Hazardvus Substance by any person on, under, about ❑r from the Prvperty;
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