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<br /> WH EN REC�RDED MA�L T�:
<br /> First Nativnal Bank of Qmaha
<br /> 6ranch#�7U
<br /> 2223 �nd A�e
<br /> Kearne NE fi8847 F�R RECDRDER'S USE DNLY
<br /> ■ .
<br /> irs � i�n� �r�
<br /> * 584��8162D16*
<br /> DEED �F TRUST
<br /> IIAAXIIVIUIIII LIEN. The lien �f this Deed of Trusf shall nvt exceed at any�ne time $175,��0.��.
<br /> THIS DEED �F TRUST is datQd August 'I�, ��'I G, among Danie! Purdy A�{A Daniel R Purdy and
<br /> Annette L Purdy, husband and wife �"Trustor"�; Firsf National Bank of�maha, whose address is
<br /> Branch #�7U, 22�3 2nd A�e, Kearney, NE 68847 4referred t� �elow snmetimes as "Lender"
<br /> and sometimes as "Beneficiary"}; and Firs� Natiflnal Bank of �maha, whose address is 'I���
<br /> Dodge 5treet, �maha, NE 68197 �referred t� beiow as "Trustee"�.
<br /> G�NVEYANCE AND GRANT. For�afuable�onsideration,Trustor cvn�eys to Trustee in trust, WITH PC3WER�F SALE,
<br /> for the benefit vf Lender as Beneficiary, a�l af Trustor's right, t�tle, and interest in and to the fallowing described rea!
<br /> property, to�ethe�- with a�l existing or subsequently erected or affixed buildings, impro�ements and fixtu�es; all
<br /> easements, rights of way, and appurtenan�es; alf water, water rights and di�ch rights �including stock in utilities wi�h
<br /> dit�h vr irrigation rights}; and all ather rights, rvyalties, and profits relatin ta the real prvperty, includin withvut
<br /> limitation al� minerals, oil, gas, geothermal and similar matters, �the "Real �roperty"� Iocated in H2��1 ��unty,
<br /> State of Nebraska:
<br /> Lot N�neteen �'19�, Westroads Estates Fourth 5ubcli�ision, in the City �f Crand Island, Halt
<br /> �o�nty, Nebraska.
<br /> The Rea� Praperty or its address is commonly known as 3559 Hillside Dr, �rand Island, NE
<br /> C88�3. The Real Property tax identificat�on number is 4���D49D8.
<br /> REVDLVING LINE �F CREDIT. This Deed of Trust secures #he Indeb#edness including, w�thout timitation, a re�ol�ing
<br /> #ine of credit,which obligates Lender to make ad�an�es to Trustor so Iong as Trusts�r complies with all the terms of the
<br /> Credit Agresmen�. Such ad�ances may be made, repaid, and remade from time to tims, subiect to the limitation that
<br /> the tvta� outstanding balance owing at any one time, not including finan�e charges on such ba�an�e at a fixed or
<br /> �ariable rate or sum as pro�ided �n the Credit Agreement, any temporary o�erages, other charges, and any amounts
<br /> expended or ad�anced as pro�ided�n e�ther�he Indebtedness paragraph or this paragraph, shall not exceed the C�edit
<br /> Limit as pro�ided 1n the Credit Agrsement. !t is the inten#ivn o�Trustar and Lender that this Deed vf Trust secures the
<br /> balance ou#standing under the Credit Agreement from time t�time from zero up to the �redit Limit as pro�ided in the
<br /> �redit Agreement and any intermediate balance.
<br /> Trust�r presently assigns #o Lender �also known as Bene'ficiary in this Deed af Trust} all of Trus#vr's right, title, and
<br /> interes# in and ta ali present and future leases c�f the Property and all Rents from the Property. !n additivn, Trustv�
<br /> grants#o Lender a Unifarm Cvmmercia�Code security interest in the Personal Property and Rents.
<br /> THIS DEED�F TRUST, INCLUDING THE A551GNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERS�NAL PR�PERTY, IS GIVEN T�SECURE tA� PAYMENT UF THE INDEBTEDNESS AND �B� PERF4RMANCE QF
<br /> EACH �F TRLJSTOR'S AGREEMENTS AN D �BLIGATi�NS UNDER THE CREDIT AGREEMENT, THE #tE�ATE�
<br /> D4CUMENTS, AND TH15 DEED �F TRUST. TH15 aEED�F TRUST 15 GIVEN AN� A�CEPTED�N THE F�LLflINING
<br /> TERMS:
<br /> PAYMENT AN[3 PERF�RMANCE. Except as otherw�se prQ��ded in this Deed of Trust, Trustor shalf pay to Lender ali
<br /> amounts secured by this Deed of Trust as they become due, and sha1� str�ctly and in a timely manner perform all af
<br /> Trustor's obligat�ons under the Credit Agreement,this Deed of Trust,and�he Rela#ed Documents.
<br /> P�SSESSI�N AND MAINTENANCE OF THE PR�PERTY. Tn.�stvr agrees that Trustvr's possession and use af the
<br /> Property shall be gv�erned by the fvl�vwi n g pro�isian s:
<br /> Possession and Use. Until the vcCurrence vf an E�ent of Defaul�, Trustor may t'I� remain in passession and
<br /> cvntra��f the Property; ��) use,operate or manage the Prvperty;and �3� collect the Rents from the Pr�perty.
<br /> Duty to Maintain. Trustvr shall maintain the P�-vperty in gc�vd condi#�an and prvmptly perFarm all repairs,
<br /> replacemen#s,and maintenance necessary to p�eser►ie its�alue.
<br /> �omptiance With En�ir�nmen#al Laws. Trustvr represents and warrants to Lender that: {�) During the period of
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