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<br /> V1lHEN REG�RDED M.I�IL T�:
<br /> Exchange Bank
<br /> GI-AIIen Drive Bran�h �
<br /> '�2q4 Aiien Dr
<br /> P❑ Box�7J3
<br /> �rand�sland, NE 688�� F�R R�C�RDERrS USE aj1ILY
<br /> DEED �F TRUST
<br /> THIS ❑EED �F TRUST is dated June 'I 4, 2�'1�, among Eric C. 1Nright �nd Jennie M. Vllrighf,
<br /> Husband and 1Nife; {'TTrustvrn}; Exchange Bank, whose address is G� - Al[en L)ri�re Branch,
<br /> 'I2Q4 A�ien Dr, P� Bax 5793, Grand Isiand, NE 6SSD� �referred tfl beIow sometimes as
<br /> T'Len�er" and sometimes as "Beneficiary�`}; and Exchange Bank, whase address is P� Box 397x
<br /> I�earney, NE �8�48 �referred tv beIow as rTTrusteeT'�.
<br /> C�NVEYANCE AIIID GRANT, For�aIuabie consideration,Trustor�onveys�o Trustee in frustr VI�ITH PDINER DF SALE�
<br /> for the benef�t of Lender as Benef�iary, a11 0�Trus�vr's right{ title� and in�eres� in and �o the foIlowing described rea!
<br /> praperry, together wifh aII existing ❑r subsequen�ly erected or affixed I�L111C�1i"1�5� improvemen�s and fixtures; aII
<br /> easements, righ�s at way� and appurtenances; all wa�err wa�e� righ�s and di�ch righ�s {incIuding stock in utili�ies wifh
<br /> di�ch or irriga�ion righ�s�; and aII other rights, raya�ties, and prafits re[at'rng �o the rea{ property, incIuding withvu�
<br /> Iimita�'ran all minerals, oil, gas, geo�hermal and similar mat-�ers, �the �`Real Pt'opet'ty"} Ivcated rn H�I� �ounty,
<br /> 5tats af Nehraska:
<br /> Lo� Twv �2}, Island Acres Na. 'I3, an Additr�n in the City of �rand is�and� HaI� �ounty,
<br /> N ebras ka
<br /> The Real Praperty or its �.ddress is commonfy knvwn as �423 P�per Street, Grand lsland, �E
<br /> 6���3. The ReaI Prvperty tax identificativn number is 4a��49745.
<br /> REV�LV[IIIG LINE �F CREDIT. This Deed of Trust se�ures the Indebfedn�ss in�Iuding, without iimi��tion� a revaIving
<br /> line of�redit,which ohligates Lender ta m�ke advances to Trusfar so long as Trustor comPlies w�th aII the terms of�he
<br /> Credif Agreemenf. Such advances may be made, repaid, and remade fram tsme tv time, subje�t tv the limitativn that
<br /> �he fota[ ou-ts�anding baIance nwing at any one time, nat incIuding financ� �harges on su�h baiance at a fixed or
<br /> �ariable rate or sum as pro�ided in the Credit Agreement, any tempvrary o�erages, ather charges, and any amounts
<br /> expended or advanced as pro�ided in either�he Irtdebfedness paragrap� or this paragraphr shall nat exceed the �redit
<br /> Limit as prvvid�d in the Credit Agreemen�. If is the infentian of Trustor and Lender t�at�his De�d of Trust se�ures the
<br /> balance outs�anding under the �redit Agreement from t�me�o time fram zerv up t❑the Gred�t Limit as pro�ided in the •
<br /> Gredit,�4greement and any intermediate I�aI�nce.
<br /> Trus�or pres�n�Iy assigns to Lender �aiso knawn as Bene�iciary in �his Deed �fi Trust} all a�Trustar's righ�, ti�le, and
<br /> in�eres� in and �o aII pr�se�t and �ufure leases o� fihe Property and alj Rents firom �he Property. In addition, Trustar�
<br /> granfs�o Lender a Unifarm Commercial Code secur�ty in�erest in the Pers�naI Proper�y and Ren�s,
<br /> THiS �EED OF TRUST, I11iCLUI]ING THE A�SIGNItiIIENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS�4ND
<br /> PERS4fItAL PRDPERTY, IS GIVEN Tn SEGURE �A� FAYMENT �F THE iNDEBTE�NESS AjIfD �B} PERFaRIVIANCF �F
<br /> EACH �F TRUST�R'S AGREEIVIENTS AN� �BLiCAT�DIIIS UIIIDER THE CREDIT AGREEMENT, THE RELaTED
<br /> D�GUMENT�, AND THIS DEED �F TRUST. THIS DEED �F TRUST IS GIVFIIi AND AGCEPTED �N THE FDLL�INING
<br /> TFRMS: .
<br /> PAYlVlENT aND PEF�FORMANCF. Exc�pf as otherwise provided �n this Deed ❑f Trus�, Tru��or shaE! pay ta Lender aII �
<br /> am�un�s secur�d by this Deed of Tru�� as �hey be�ome due, and �ha�I strictly and in a timely manner per-�vrm aIl nf
<br /> Trus�ar's❑bliga�ians under the Credit Agreemen�r�his ❑eed o�Trus�, and�he Re�ated Do�umen�s.
<br /> P�SSESSI�N AND MAINTENAN�E �F THE PROPERTY, Trustor ag��es tha� TrustoC`s possession and use of the
<br /> Praperry sha�� be gorrerned.by the-�ollowing prorrisiaras:
<br /> Possession and Use. Un�iI th� occurren�e ofi an Event o� De�ault, Trus��r may �'I� remain in pa$ses�ian and �
<br /> cantroj ❑��h� Properry; �2} use, apera�e or manage�he Property�and �3} �olIec��he Ren�s from�he Property. �
<br /> Duty �v Maintain. Trusto�r shaIl main�ain the Prope�-ty in govd candition and p�omp�ly perfvrm ai� reparrs,
<br /> repfa�ements, and maintenance n�cessary�o preserve i�s va�ue.
<br /> Compliance With Enviranm�nfial Laws. Trustar represents and war�'an�s t❑ Lender that: �'[} During the period v�
<br /> Trus�or's nwnership o�the Praperty,there has been no use� gene�-ation, manu-Fac�ure,s�arag�,treatmen�r disposaI,
<br /> re�ease ❑r�hreatened release of any Hazardous Subs�ance by any person on� under, abou� or�rom �he Properry;
<br /> {�} Trustar has no knowledge ❑f, or reasan�o belie�e �ha��here has been, except as pre�iously disclosed to and
<br /> acknowledged by Lender in wri�ing, �a} any breach or �iola�ion a� any Environmen�aI Laws, {b} any user
<br /> generatian, manufacture, storager �reatmen�, dispasaI, release ❑r threa�ened release o� any Hazardous Su�s�ance
<br /> on, under, abaut ar fram the Property by any priar owners or ❑caupan�s ❑f�he Property, ar �c} any actual or
<br /> threatened Ii�iga�ion or claims of any kind by any persvn relating to such mat�ers; and �3� Excep�as previously
<br /> disclosed�❑ and acknowledged by Lender in wri�ing� {a� nel�her Trustor nar any�enan�� contractarr agenfi or o�h�r
<br /> aufhori�ed user of�he Property shall use, genera�e, manufac�ure� storer �r�afr dispose of ar reCease any Hazardous
<br /> Subs�ance on, underr abouf o���am�he Property� and �b} any such ac�i�ity shal� be conduc��d in compliance with
<br /> all app�icable federal, s�ater and Iacal laws, regula�ions and ord�nances, including withouf Iimitafion aII
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