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<br /> 1NHEN RE��RDED N[AIL TC]:
<br /> Exchange Bank
<br /> GI -All�n Dri�e Branch
<br /> 7��4 Allen Qr
<br /> PD Box 5793
<br /> Grand Island, NE 6880� FQR REC�RDER'S U5E DNLY
<br /> DEED �F TRUST
<br /> THIS DEED ❑F TRUST is dated June 29, 2q�6, amvng JEFFREY C ROSE and MARY � RQSE,
<br /> HUSBAN�3 AND V11�FE, AS J��NT TENANTS t"Trusta�"y; Exchang� Bank, r►vhose addre�s �s GI -
<br /> Allen Dri�e Branch. 'I��4 Allen Dr, P� Bvx 5793, Grand Islartd, NE 688�� 4referred to be�aw
<br /> sometimes as "Lender" and svmetimes as "Beneficiary"�; and Ex�hange Bank, whvse address �s
<br /> �'� Box 397. ICearney, NE �8848 treferred to below as "Trustee"�.
<br /> C�NVEYANCE AND GRANT, For �aluable consideration, Trustor con�eys ta Trustee in�rust, WlTH P�VIIER QF SALE,
<br /> for the b�nefit o� Lender as Bene#iciary, all of Trustar's right, title, and interest in and tv the following described rea�
<br /> property, together w�th all existing flr subsequsntly ere�ted ar a��ixed buildings, impro�emen-�s and fixtures; al�
<br /> easements, rights of way, and appurtenances; all water, wa�er rights and ditch rights 4including stock �n utilities ►rvith
<br /> d�tch or irrigativn rightsy; and all other righ�s, royalties, and pro��ts re�ating �o the real property, inc�uding without
<br /> I�mitation a�E min�rals, ail, gas, geothermal and similar ma�ters, 4the Rea! Property � ivCated in HALL
<br /> County, State of Nebraska:
<br /> THE V1IESTERLY '17 FEET �F LC]T � ANQ THE EASTERLY 33 FEET �F LDT 3. ALL IN
<br /> BLDCK '1�2, K�EN1G AND VIIIEBE'S A�]D1TI�N T� THE �ITY L]F GRAND 15LAND, HALL
<br /> C�UNTY, IVEBRASKA.
<br /> The Real Property or its addr�ss �s commonly known as 7'!5 VII DlV151�N 5T, GRAND ISLAND,
<br /> NE 685�'t. The Rea� Prnperty tax identifi�atian number is 4D��5594�.
<br /> REV�LV�NG LINE DF CREDIT. This Deed vf Trus� secur�s �he Indebtedness including, w�thout limitativn, a re�vlWing
<br /> �ine af credit, wh�ch obiiga�es Lender tv make advances tn Trustor so�vng as Trustor cnmplies w�th all the terms ❑f the
<br /> G�edit Agreement. Such ad�an�es may be made, repa�d, and remade from time �� time, subject ta �he timitat�on tha#
<br /> the �otal ou�standing baiance vwing a� any vne time, nvt including finance charg�s on su�h balance afi a fixed vr
<br /> �ariable rate or sum as pro►rided in the Cred�# A�reemen�, any #empvrary v�erages, other charges, and any amounts
<br /> expended vr ad�anc�d as prv��ded in either#he �ndebtedness paragraph nr this paragraph, shall not exceed the Credit
<br /> Limi�as pro�ided in the Credit Agreement. tt is the in#entian v�Trustor and Lender that this Deed o#Trust secures the
<br /> balance outs#anding under the Credit Agr�ement from time tv time �ram zern up to�he Credit Limi� as pro►►ided in �he
<br /> Credit Ayreement and any�ntermediate hafance.
<br /> Trustor present[y assigns ta Lender �alsa known as Benefic�ary in this Deed �� T�ust} all of Trustor's right, title, and
<br /> �nterest in and to all present and future leases of the Property and al! Rents from the Praper�y. In add�t�on, Trustor
<br /> grants to Lender a lJni�orm Commercia! Code security interest in the Persvnal Property and Ren�ks.
<br /> TH�S DEED DF TRUST, IN�LUDING THE ASSlCNMENT❑F RENTS AND THE SE�URITY 1NTEREST IN THE RENTS AN�
<br /> PERS�NAL PRaPERTY, lS GIVEN T� SECURE �Aj PAYMENT QF THE �NDEBTEDNESS AND {B} PERF�RMANCE QF
<br /> EACH �F TRUSTaR'S AGREEN[ENTS AND �BLIGATI�NS UNf]ER THE �REDtT AGREEMENT, THE RELATE❑
<br /> ❑flCUMENTS, AND THiS DEE� �F TRUST. TH1S DEED aF TRUST IS GIVEN AND ACCEPTED �N THE FULL�INING
<br /> TERMS:
<br /> PAYMENT AND PERF�RMANCE. Excep� as oth�rwise provided in this Deed of Trust, Trustvr shall pay to Lender all
<br /> amounts s�cured by �his Deed of Trust as they �ecome due, and shalf s�rictly and in a timely manner pe��orm all of
<br /> Trustor's obligativns under the Credit Agreemen�, this ❑eed af Trus�, and the Related Docum�nts.
<br /> P�55ESSI�N AND MAlNTENANCE �F THE P�OPERTY. Trustor agrees that Trustvr`s possession and use of the
<br /> Property shall be go�erned t�y the following p�o�isions:
<br /> Passession and Use. lln�il the ❑ccurrence of an E�ent of �]e�ault, Trustor may 41} remain in possession and
<br /> contra�of the Property; ��y use, apera�e or manage the Property; and �3� �all�ct the Rents frvm the Property.
<br /> ❑u�y �o Ma�ntain. Trustor shall maintain the Praperty in gvad conditi�n and promp�t�y perfarm a�l repairs,
<br /> r�placements, and main�enance necessary tv preser�e i�s�alue.
<br /> Cvmpliance Vllith En�ironmentat Laws. Trustor rep�esents and warrants to Lender that: ��� During the period of
<br /> Trustor's awnership�f�he Praperty, there has been no use, gen�rat�an, manufacture, storage, treatment, disposal,
<br /> release or threa�ened re[�ase ❑f any Hazardous 5ubstance by any person vn, under, ab�ut o� from �he Property;
<br /> ��} Trustor has no knvwledge o�, vr reason tv belie�� that there has been, except as previously disclosed ta and
<br /> a�knowledged by Lender in writing, �a� any breach or �iaiation ❑f any En�irvnmen�al Laws, �b� any use,
<br /> generatian, manufacture, s�orage, treatment, disposal, releas� ar threa�ened release vfi any Haza�d�us Substanc�
<br /> on, under, abaut vr from the Praperty by any prior �wners ❑r a�cupants of the Praperty, vr t�� any ac�ual or
<br /> threatened li�igation or �laims afi any kind by �ny persan rela�ing to such ma�ters; and �3� Except as p�e�iously
<br /> disclosed to and acknow�edged by L�nder in writing, �ay ne�ther Trustar nvr any tenant, can�ra�tor, agent or other
<br /> authorized use�❑f the Property shall use, gen�rate, rr=-�nu�acture, store, fireat, dispose of❑r release any Hazardous
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