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<br /> INHEN F�E�[3RDED NIAII TD:
<br /> Exchange Bank
<br /> �f-A�len Dri�e Branch
<br /> 7 2�4 Allen Dr
<br /> P�Bvx 5793
<br /> Grend Is�and,NE 588�� F�R RECORDER'S USE DNLY
<br /> ��oi.nii oi�i wi�•m�ir.i.nm�� �r�n�r��o��n�+���ni���.i�rw� ■n��w�
<br /> vEEv oF T�usT
<br /> THiS DEED �F TRUST is dated Ju�y �9, 2�'I F, amang Eric �. Wrisht and Jennie M. Vllriaht,
<br /> Husband and Vllife t"Trustor"�: Exchange B�nk, whase address is G! - Allen Drive Branch, 1��4
<br /> Alien Dr. P� Box 5793, �rand lsland. NE �88a2 �referred t� below sometimes as "Lender" and
<br /> somet�mes �s "Beneficiary"�; �nd Ex�han�� Sank, wh�s� ed�lress is P�8 7��. �ib�vn. NE
<br /> G884� �ref�rred to belaw as "Trustee"�.
<br /> CDNVEYANCE AN� GRANT. For►►aluab�e considerati�n,Trustor con�ays to Trustee in trust, W1TH P�INER DF SALE,
<br /> for#he benafit of Lender as Bane�iciary, all v� Trustvr's right. title� and interest in and ta the fol�owing dsscribed real
<br /> praperty, together uvith all existing �r subsequently �s�ctad o� affix�d bui�dings, imprvvements an� �ixtures; a��
<br /> easements, rights ❑f way, and appurtenances; all wat�r, weter rights and ditch rights �including stock in u#ifiti�s wi#h
<br /> diteh ar irrigatian rights]: and a�l ather rights, royalties. and prafits relatin to th� real praperty, includ+ng without
<br /> limitativn aII minerals, vil, as, eothermal �nd similar matters, �the "Ree� �roperty"y Ioc�ted in Hall Cvunt ,
<br /> 9 9 Y
<br /> State af Nehraska:
<br /> Lot Fi�e �5�, Black Twa t��. Nvrthview Eighth Su�di�ision, in the �ity of Grand Island. Hall
<br /> �ounty. �e�raska
<br /> The R�al Praperty ar its address is comm�nly kn�wn as 3�19 l.ee Street. Gr�nd Is�an�l, NE
<br /> �88�1.
<br /> �R�SS-G�LLATERALIZATI�N. In additivn t� the N�te, this Deed ❑fi Trust secures all ❑biigativns. debts and liabilities,
<br /> plus interest thereon. of Trustor tv Lender. or any ane or more af them. as well as all claims by Lendsr against Trustvr
<br /> or any ane ❑r mare �f them� wh�ther now existing ar hereafter arising, whether related ar unrelated to the purpose of
<br /> the Note, whether �oluntary vr otherwise, whether due vr not due, direct or indi�e�t, determined ar undetermined,
<br /> ahsolu�e or ��ntingent, liquidated or unliquidated, whether Trustor may he liable indi�idually or jaintly with athers.
<br /> whether ohligated as guarantvr, surety. ac�ammodativn party vr otherwise. and whether recn�ery upon such amounts
<br /> may be or hereafter may become harred by any statute vf limitations, and whether the ohligation to repay such amounts
<br /> may be or herea�ter may become otherwEse unenforceahle.
<br /> FUTURE ADVANCES. !n additian to the Nate, this Deed of Trust se�ur�s a!I future ad�ances made hy Lender to Trustor
<br /> whether vr not the ad�anc�s ar� mad� pursuant to a cflmmitment. Specifscally. wi�hou# �imitatian, �his Deed of �frust
<br /> secures, in addition to the amounts specified in the Note, all future emounts Lender in its discretion may loan #o
<br /> Trustor, tagefher with a!I interest thereon.
<br /> Trustor presently assigns to Lender �a�sa known as Beneficiary in this L]esd o# Trustf ail o# Trustor's r�ght, title, and
<br /> inter�st in and to all present and future leases of the Property and all Rents from the Pr�perty. In additian, Trustor
<br /> grants to Lender a Uniform Commercial Code se�urity interest in th� Persvnai P��perty and RentS.
<br /> THIS DEED�F TRIJST, 1NCLUDING THE ASSIGNNfENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AN�
<br /> PERS�NAL PR�PERTY, IS GIVEN T�SECURE �Ay PAYIIAENT QF THE INDEBTEDNESS AND {B� PERF�RMANCE�F
<br /> ANY AND ALL �BLIGATI�NS UNDER THE NQTE, THE RE�.ATED D��UMENTS. AND THIS DEEa QF TRUST. THIS
<br /> DEE��F TRUST IS G�VEN AND A�CEPTED�f�THE F�LLaWINC TERIIAS:
<br /> PAYMENT AND PE�iF�RMANCE. Ex�ep# as oth�rwise prvvided in this Deed af Trust, Trustor she�l pay to Lender all
<br /> amounts securs� by this �3eed of Trust as th�y becvme due. and sha�� strictiy and in a timely manner perfarm a!i vf
<br /> Trustar`s vbligativns under the Nvte, this Desd af Trust, and the Related Documents.
<br /> P�SSESSI�N AND MAINTEWANCE DF THE PRD��RTY. Trustvr agr�es that Trustor's possession and use of #he
<br /> Property shall be go�erned by the follawing pro�isions:
<br /> Possession and L�se. Unt+l the occurrence of an E�ent of Default► Trustor mey �i f remain in possession and
<br /> cantrol of th� Prvperty; �2� use, operate or manage the Praperty; and �3y colle�t the Rents from the Prvperty.
<br /> Duty tv N�aintain. Trustor sha�l maintain the �roperty in tenantahle condition and promptly perform all repairs,
<br /> replacements, and maintenance necsssary to preser►►e its�alue.
<br /> Gomp�iance Vllith En�ironmenta� L�ws. Trusto� represents and warrants t� Lender that: �1 y During the period of
<br /> Trustor's vwnership of the Praperty. there has been na use. generati�n� manufa�ture, storage. treatm�nt. disposal.
<br /> release os threatene�! r�leasa v� any Hazardaus 5ul�stance by any person vn, under, ahout ar frvm the Property;
<br /> ��� Trustor has no knowiedge vf, or reason to belis�e that�here hss been, except as pre�fvusly disclossd to and
<br /> acknowledged by Lender in writing, (aj any breach or �iolation of any En�ironmenta� Laws, �bf any use,
<br /> generat+vn, manufacture, storage, treatment. disposal, release ❑r �hreatened release n# any Hazardvus 5ubstan�e
<br /> vn, und�r� ahout or �rvm the Property by �ny priar vwners ar accupants vt the Prop�rty. or �cj any actUal or
<br /> threaten�d l�tigation fl� �laims at any kind by any persvn relating ta such matters; and �3� Except as pre�ivusly
<br /> disclosed ta and a�knvwledged by Lend�r in writing, tay neithsr Trustor nar any tenant, con#ractor, agent or other
<br />
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