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<br /> VIIHEIV REC�R�3ED MAIL T�:
<br /> Exchange Bank
<br /> G I -Allen Dri�e Branch
<br /> "i 2�4 Aflen Dr
<br /> PU Box 5793
<br /> Grand �sland. NE 688Q2 F�R RECURDER'S U5E DNLY
<br /> DEED C]F TRUST
<br /> TH�S DEED �F TRUST is dated July ��, ���6, amvng Dafe L VlJieseman and Cynthia L
<br /> Vllieseman; Husband and Vll�fe t"Trustor"'�: Ex�han�e Bank, v►►hose address is Gl - Allen Drive
<br /> Branch, ���4 Allen Dr, P� Box �793, Grand Island, NE �88Q� �refer�ed to belvw somet�mes
<br /> as "Lender" and svmetimes as "Beneficiary"�; and Ex�hange Bank, whose address is P�B 7��,
<br /> �ibbon, NE 6884� �refe�red to belaw as "Trustee"�.
<br /> ��NVEYANCE AND GRANT. Fa��aluable consideration, Trust�r can�eys to Trus�ee in trust, WITH P�WER �F SALE,
<br /> fo� the benefit ❑# Lende� as Bene#iciary, all of Trustar's right, t�t�e, and interest in and to the foll�wing described real
<br /> p�flperty, togeth�� wi�h alI exis�ing or subsequently erected or affixed huildings, �mpro��menfis and fixtures; all
<br /> easements, rights �f way, and appurtenances; all water, water rights and ditch rights 4�ncluding stock in utilifii�s with
<br /> dit�h vr �rrigation righ�s�; and all other rights, rayal�ies, and prvfi�s re[ating to the real prop�rty, including withvu�
<br /> limi�ation al1 minerals, ail, gas, ge�thermal and s�milar matters, �the "Rea� Pr�perty�;� IaGated in Hall Cnunty,
<br /> State of N�hraska:
<br /> Lot �'f, Blvck 9, Ashton Place, an addition tv the ��ty of Grand Island. Hal! �aunty.
<br /> Nehraska
<br /> The R�al P�operty ar its address is comman�y kno►n►n as 247 6 1N Lvuise St. Grand Island. NE
<br /> �85�33. Th� Real Prvperty tax identificativn number is 4��Q�7�55.
<br /> CR�SS-C�LLATERALIZATIDN. In addition tv �he Note, this �eed of Trust s�cures all o�ligations, debts and liabilities,
<br /> plus in�erest therean, of Trustor to �ender, or any one vr more �f them, as w�i� as all claims �y Lender agains�Trustor
<br /> or any one or more af�hem, whe�her now exis�ing �r hereafter arising, whether rela�ed or unrelated to the purpase of
<br /> the Na�e, whether �oluntary or oth�rw�se, whether due or not due, direct or indirect, determined ar undeterm�n�d,
<br /> absolute or contingent, liquidated or unliquidated, whe�her T�ustor may be liable indi�idually or �ointly with others,
<br /> whether ��ligat�d as guarantar, sur�ty, accommodation party or otherwis�, and wheth�r recavery upon such amounts
<br /> may be or herea�ter may becvme ba�red by any statu�e of limitativns, and whether the obliga�i�n t❑ repay such amoun€s
<br /> may k�e or herea�ter may become otherwis� unen#or�eable.
<br /> FUTURE ADVANCES. In addi�ion to the Nvte, this Deed o�Trust secures all future ad�ances made by Lender to Trustor
<br /> wh�ther or not �he advances ar� made pursuant to a �ammitment. Specifically, withau� �imitat�on, this Deed vf Trust
<br /> secures, in addition to the amounts specified in the Note, all future amvunts Lend�r in its discre�ion may loan �❑
<br /> Trustor, �ogether with all interest thereon.
<br /> Trustor presently ass�gns �o Lender �also known as Bene�i�iary in th�s Deed af T�ust} all of Trustor's right, ti�le, and
<br /> interes� in and to al� present and future Ieases of the Proper�y and all Rents ��om the Property. In additian, Trustar
<br /> grants�o Lender a lJniform C�mmercial Code seCurity interes�in the Personal Property and Ren�s.
<br /> THIS DEED ❑F TRUST, INCLUDING THE AS5IGNMENT OF RENTS AND THE SECURITY lNTEREST IN THE RENTS AND
<br /> PERS�NAL PRDPERTY, 15 GIVEN T� SE�URE �A� PAYMENT �F THE INDEBTEDNESS AND �B} PERFQRNIANCE nF
<br /> ANY ANQ ALL �BLIGATl�NS UNDER THE N�TE, THE RELATED ❑Q�UMENTS, AND THlS DEED �F TRUST. THlS
<br /> DEED OF TRUST [S GIVEN AND ACCEPTED QN THE FDLL�WINC TERMS;
<br /> PAYMENT AND PERF�RMANCE. Ex�ept as otherwis� pra�ided in �h�s Deed ❑f Trust, Trustor shall pay �a Lender all
<br /> amounts s�cured by this Deed af Trus� as they become due, and shall strictly and in a time�y manner per�orm all of
<br /> Trustor's obligations under�he Note, this Deed of Trust, and the Related Dv�uments.
<br /> PQSSESSI�N AND MAINTENANCE C�F THE PR�PERTY. Trus�or agrees �hat Trustor's possessian and use of �he
<br /> Prop�rty shall be go�erned by th�following pra�isions:
<br /> Pvssession and Use. Un�il the occurrenc� of an E�ent af Default, Trus�or may �1} rema�n in possessivn and
<br /> cantrol of the Property; ��y use, operate or manage the Prvper�y; and �3� �oll�ct the Rents��am�he Prvperty.
<br /> Duty to Ma�ntain. Trustor shaf� main-�ain the Property in tenantab[e condi�ion and promptfy perfvrm all repairs,
<br /> r�p�acements, and maintenance necessary to preser�e its�alue.
<br /> Campliance Vllith En►►iranmenta� Laws. Trustor represents and warrants to Lend�r that: ��} During �he period of
<br /> Trustvr's ownership of the Property, there has been na use, generation, manufacture, storage, treatment, dispvsal,
<br /> release �r threa�en�d release of any Hazardous 5ubstance by any persan on, under, about or �rom �he Proper�y;
<br /> t�y Trus�tor has no knowledge o�, or reasan fiv belie�e that there has been, ex�ept as pre�iously dis�losed to and
<br /> acknowledged by Lender in writing, 4a� any breach vr �iola�ion of any En�ironm�n�al Laws, {by any use,
<br /> generatian, manufacture, s�orage, treatment, disposal, re[eas� or �hreafiened release o� any Ha�ard�us 5uf�stance
<br /> ❑n, under, about or from the Prop�rty by any prior owne�s or occupants of the Property, or �c} any actua� ❑r
<br /> �hreatened litigativn ❑r claims o� any kind by any person r�[ating to such matters; and �3� Except as pre�ivusfy
<br /> dis�losed tv and a�knowledged by Lender in wr�ting, €a� ne�ther Trustor nor any�enant, cvntractor, agent or other
<br /> r
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