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<br /> WH EN REC�RDED IIAAIL T�:
<br /> First Natiana�Bank of Dmaha
<br /> 6ranch#fl T U
<br /> ��23 Znd Arre
<br /> Kearne NE 68 47 F�R REC�RDER'S USE�NLY
<br /> ■ .
<br /> irS � ��t'1� ��1
<br /> * 584D�82�2�1fi*
<br /> DEED �F TRUST
<br /> MAXIIVIUM LIEN. The lien �f this Deed of Trust shal! not exceed at any one time $5�,���.��.
<br /> THIS DEED �F TRUST is dated August 2�, �D'I fi, among Thomas 1N Sanders and Michelle M
<br /> 5and�rs, husband and wife 4"�`rustar"}; First Natio�nal Ban�C of Qmaha, wh�s� �d�ress �s Bfanch
<br /> #�7�, 2��3 �nd A�e, Kearnsy, NE C8847 �referred to �glow sometimes as "L�nder" and
<br /> sametim�s as "Beneficiary"�; and First National 8ank of []maha, wh�se address is '#F�� Dodge
<br /> Street Stap Code 3�D2, Umaha, NE �S'19T �referred to be�flw as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. For�aluable cvnsideration,Trustor�on�eys#o Trustee in trust,WITH PQWER OF SALE,
<br /> �or the benefit of Lender as Beneficiary, ali o�Trustar's right, titEe, and interest in and ta the tallowing described rea!
<br /> p�operty, together with a!I existing vr subsequently er�cted or affixed bu�ldings, impro�ements and fixtures; al�
<br /> easements, �i�hts af v`►ay, and appurtenances; asl wa�er, water rig�t� and ditch rights tinc�udin� stock in uti�ities witr
<br /> ditch or irrigation rights�; and a�l other rights, royalties, and prafts relatin to the real propertY,,incfudin withaut
<br /> ' al�min rals oi� as eothermal and similar matters the "Real �ro e " �ocated in Hali �ourlty,
<br /> iimitation e , ,g , 9 , � 1� rtY �
<br /> Sfate of Nebraska:
<br /> L�T THREE �3�, MARTIN SUBa�VISl�N, AN ADDITI�N T� THE CITY �F �RAND ISLAND,
<br /> HALL C�UNTY, NEBRASKA, ACC�RDIN� T� THE REC�RDED PLAT THERt]F.
<br /> The R�al Qroperty vr its ad�dress is c�mmon�y known as �48 Martin A�e, Grand Isiand, NE
<br /> f88D1. The Real Pr�perty tax identification number is 4��23413�.
<br /> Trustvr presently assigns to Lender�also known as Beneficiary in this Deed of Trust} al� of T�ustor's �ight, tit�e, and
<br /> interest in and tv ali present and future leases nf the Prvperty and all Ren�s fram the Property. In add�tion, Trustor
<br /> grants to Lender a Unifvrm Commercial Code security interest in�he Persona�Prvperty and Rents.
<br /> THIS DE�D�F TRUST, INCLUDING THE AS5IGNMENT�F RENTS AND THE SECURlTY INTEREST IN THE REMTS ANO
<br /> PERS�NAL PRDPERTY, IS GIVEN T�SECLJRE ��Ij PAYIIAENT�F THE IN[]EBTEDNESS AND tBj PERF�RMANCE�F
<br /> ANY AN� AL��gL1�ATI�NS UNDER THE NDTE, T1-1E RELATED DaCUMENTS, ANQ THIS 'dEED OF TRUST. THIS
<br /> aEEa aF TRUST�S�IYEN ANa ACCEPTED DN THE FDLLa1MNG TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as❑#herwise prvvided in this De�d vf Trust, Trus#vr shal! pay to L.ender al1
<br /> amounts secured by this Deed o�Trust as they become due, and shali strict�y and in a timely manner perfarm ali of
<br /> Trust�r's obligativns under the No�e,this Deed❑f Trust,an�the Re�at�d Dacumen�s.
<br /> PQSSESSf�N AND MAINTENANCE �F THE PR�PERTY. Trus#or agrees that Trustor's passession and us�e of the
<br /> Prvperty�hall be go�erned by the following pro�isivns:
<br /> P�ssession and Use. Until the occurrence �� an E�ent o� De�ault, Trustor may �'I} rema�n in possessian and
<br /> control of the Property; (2} use,�perate or manage the Property;and (3} colle�t the Rents from the Property.
<br /> Duty ta Maintain. Trustor sha11 maintain the Prap�r-ty in g�d conditian and promptly pertorm all repairs,
<br /> replacements,anti maintenance nevessary ta preserve its�alue.
<br /> Campliance Vllith En�ironmental Laws. Trust�r represents and warrants to Lender tha#: �1} During the period of
<br /> Trustnr's ownership af#he Property,there has b�n n❑use,generation, manufacture,storage,t�-eatment,dispvsa�,
<br /> release vr threatened release vf any Hazardaus 5ubstance by any person on, unde�, abvut or from the Property;
<br /> (2} Trust�r has no knowledg�o�,or reason to be�ieve that the�e has been,except as prea�vusiy disclosed tv and
<br /> acknowledged by Lender in writing, ta} any breach or �iolation of any En�iranmental Laws, �b) any use,
<br /> generatian, manufacture, starage, treatment, dispvsal, re�ease or threatened release of any Hazardnus Subs�ance
<br /> on, under, about �r fram the Property by any prior owners or v��upants vf#he Prvperty, or (c} any ac�ual vr
<br /> threatened litigation or claims of any kind by any person relating ta such matters; and �3} Except as pre�iausly
<br /> disclvsed ta and a�knowledged by Lender in wri#ing, {a} neither 7rustvr na�any tenant,contra�tvr,agent or other
<br /> autharized user of the Prvperty sha�! use,generate, manufa�ture,stvre,#rea#,dispose flf or release any Hazardous
<br /> Substance on,under,abaut or fram the Property;and �b) any such ac�i�ity sha!!be�onducted in campliance with
<br /> a!I applicab�e #ederal, state, and local laws, re�ulatians and �rdinances, inc�uding withvut �tmitation afl
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