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<br /> WHEN REC�RDED NiAIL TQ:
<br /> Exchange Bank
<br /> Gt-ACfen Dri�e Branch
<br /> 'I ZD4 Ailen Dr
<br /> Pfl Bvx 57J3
<br /> Grand lsland, NE 688U2 F�R REC�RDER'S USE❑NLY
<br /> DEED DF TF�UST
<br /> TH�S �3EED �F TRUST is dated July �8, �Q��, among Da�i�! J Vlletnerilt; A Single Person
<br /> �"Trustor"�; Excnange Bank, wnose address is GI � Allen Drive Branch, 'i 2U4 AI[en Dr, PC] Box
<br /> 5793. Grand Isfand, NE �58�� �referred t❑ below sometimes as "Lender" and sometimes as
<br /> "Benef��iary"}: and Ex�hange Bank, whvse address is P�B 7��. G�bban. NE 6$84D �referred to
<br /> below as "Trustee"'�.
<br /> CDNVEYANCE AND GRANT. Fo�valuable �onsiderativn, Trustor con�eys �o Trustee �n trus�, WITH P�WER DF SALE,
<br /> #or �he b�nefit a� Lender as Beneficiary, all of Trustor's right, ti�le, and interes� in and to �he �a�iowing des�ri#�ed r�al
<br /> property, �agether with all exist�ng vr subsequently �rected or af��xed buildings, impr��emen�s and �ixtures; all
<br /> easements, rights ❑f way, and appurtenances; a11 water, water rights and di�ch rights 4including sto�k in utili�ies with
<br /> di�ch ar irrigat�on rights�; and ali other rights, royalti�s, and profits relating to the real praperty, incfuding without
<br /> �imi�tation all minerals, o�l, gas, geothermal and similar matters, �the "Reai Property"� Iv�ated �n Haf1 Cvunty.
<br /> State of Nebraska:
<br /> Lvt Z�e Bl�ck 2o Replat of R��ers�de Acres, an addition to the City af �rand lsland, Hall
<br /> County. �Vebraska
<br /> �`he Real Pr�perty or its address is commonly kno►run as Z6'I� Ri�er�ide Dr, Grand lsland, NE
<br /> ��8U'l. The Real Praperty tax identification numb�r �s 4��3�83�5'I.
<br /> CRDS�-C�LLATERALIZAT�DN. In addi�ion to the Na�e, this ❑eed of Trust secures a11 ❑bligat�ons, deb�s and liabilities,
<br /> plus interest thereon, of Trus�or to Lender, ar any one �r more of them, as well as all claims by Lender against Trusta�
<br /> or any one or more af them, whether now �xisting or hereafter arising, whether related �r unrelated to th� purpos� o#
<br /> the Note, whether �a�untary or ❑therwise, whe�h�r due ar not due, direct or indirect, determined or undetermined,
<br /> absolu�e ❑r �on�ingent, liquidat�d or unf�quida�ed, whether Trustor may b� I�able indi�idually or jointly with others,
<br /> wheth�r obligated as guarantor, sure�ty, a�commodation party or atherwise, and whether reco�ery upon su�h amounts
<br /> may be or hereafter may become barred by any statute af limitations, and whether�he ob�igation to repay such amoun�s
<br /> may be or hereafter may become o�herwise unenforceable.
<br /> FUTURE ADVANCES. In addition�o the Note, �his ❑eed vf Trus�secures all future ad�ances made by Lender tv Trus�ar
<br /> whe�her or no� the ad�ances are made pursuant �� a cammitment. Specifically, withaut limitatian, this Deed of Trust
<br /> secures, �n addition to the amaun�s specified in the No�e, a�� #uture amounts Lender in i�s dis�retian may lvan to
<br /> Trus�or, toge�her with all interest thereon.
<br /> Trustor present�y assigns tfl Lender 4also known as Bene��cia�y in this ❑eed of Trust� all of Trustar's right, title, and
<br /> in�erest in and to all present and �uture leases of the Property and all Rents from the Property. In add�t�on, Trusto�
<br /> grants to Lende�a Uniform eommercial Code security interest in�he Personal Praperty and Rents.
<br /> THlS DEED �F TRUST, INCLUDING THE ASSIGNMENT �F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERS�3NAL PROPERTY, IS GIVEN T� SE�URE 4A} PAYMENT QF THE [NDEBTE�NESS AN❑ 4B} PERFDRMANCE OF
<br /> ANY AND ALL �BLIGATIaNS UN17ER THE N�TE, THE RELATE❑ D��UMENTS� AND THtS DEED QF TRUST. THIS
<br /> DEED DF TRUST 15 GIVEN AND ACCEPTED flN THE F�LL�W�NG TERMS:
<br /> � PAYMENT AND PERFURMANCE. Except as atherwise pro�ided �n this Deed of Trust, Trus�or shall pay to Lender all
<br /> amounts secured by this D�ed of Trust as th�y become due, and shall strictly and in a timely manner per�flrm all of
<br /> Trus��r's obligations under the �Vote, this [�eed a�Trus�, and th� Rela�ed Do�uments.
<br /> POSSESSlON AND MAINTENANCE �F THE PRDPERTY. Trustor agr�es tha� Trustar's possess�on and use of �he
<br /> Property shall b�go�erned by the fo�lowin� pro�isions: �
<br /> Possession and Use. lJntil the occurrence o� an E�ent of Default, Trustor may �1} remain in possession and
<br /> contro� af the Property; �2} use, opera�e ar manage�he Property; and 43} �ollect the Rents from the Prap�rty.
<br /> Duty #o Maintain. Trustar shall maintain the Proper�y in tenan�able condition and promptfy perform alf repairs,
<br /> �eplacemen�ts, and maintenance necessary to preser�e i�ts�alue,
<br /> Camp�iance With En►►ironmen�al Laws. Trustar represents and warrants to Lender that: �1� During �he period vf
<br /> Trustar's own�rship of the Property, there has been no use, generation, manufacture, starage, treatmen�, disposal,
<br /> release or �hreatened re(ease af any Ha�ardvus Substan�e by any pers�n ❑n, under, about vr from the Property;
<br /> �2� Trustor has no knowledge of, or reason to belie�e �ha� there has been, excep� as pre�iously disclosed �a and
<br /> ackn�w��dged by Lender in wri�ing, �a} any breach or �iolat�an vf any En�ironm�ntal Laws, �b} any use,
<br /> generat�on, manu#acture, storage, treatment, disposal, releas� o� threa�en�d �elease of any Ha�ardous Suhstance
<br /> on, under, about or from the Property by any prior av►rners or occupants o� the Property, or {�y any ac�uai vr
<br /> �hrea�ened litigation or claims af any kind by any persan relating to such matters; and {3} Except as pre�ivus�y
<br /> disclosed ta and acknawledged �y Lende�in wri�ing, �a� nei�her Trustor nar any tenant, contrac�or, agent or other
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