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<br /> �1�11�E N R��[�R�ED M�41 L T�k
<br /> Fir��Natiana[ gank af�maha
<br /> Bran�h#a7D
<br /> Z2�3 7nd Ave
<br /> �earne NE 688�'� FC�R RECaRt3ER'S USE i7NLY
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<br /> �AX�t111L�� LlE�V. Th� l��n of�his [�eed of Tr�ast sha�� r�ot exceed at any one tim� $"I5,0��.��.
<br /> TH�S DEED �F T�L1ST i� da�ed ��ptember ��', ��'��, am�ng Larry D Corneli�us, a s�ng�e pers�n
<br /> �"Tru�tar"}; F��st N�tianal 8�nk of �maha, vsrhvs� address is Br�nch #�?�, ���3 �nd Arre,
<br /> �tearney, NE �8��7 �r�ferred tn b�1ow �om�e��mes as "Lender"� and svmetimes as
<br /> "Benefr�ia�y°'}; and First N�ti�nal Bank vf �maha, �ruhase addres� is 'I��� D�dge Stree�,
<br /> �maha, NE �8'�9� �referred to bel�w as "Trustee"}.
<br /> GDNVEYANCE AhtD GRANT. Fvr valuabl�cansideratian, Trustar conveys to Trus�ee in trust, 111[1TH P�WER�F SALE,
<br /> fvr the benefit v� Lender as �eneficiary, al! n�f T�ustor's r�gh�, title, and int2res� in and to the ��Ilowing described real
<br /> pr�per#y, togefher with a�l exis�ing or suhsequent�y er�cted or af�ixed bui�dings, irn�ro�em�n#s and fix�ures; all
<br /> easement�, righfs o�way, and appurtenances; all water, wa�er ri�hts and dit�h rights (including stock in util�ties with
<br /> d�#ch ar irrigation rights}; and all o�her r�gh�s, royalties, and profi�s re[a�in to the real pr�perty,�includin� w�thaut
<br /> limitation al� mine�a�s, vi�, gas, ge�therma! and sim�lar mat�ers, �the "Re�� �rop�rty"} �o�at�d �r1 H�I� C�unty,
<br /> �tate af N�k�raska:
<br /> Lot Seven �7}, Vall�y View Third 5ubdiv�sian, in th� �i�y of �rand ls�and, Hal� Coun�y,
<br /> Nebraska.
<br /> The R�aE Prop�rty or its addr�ss is cvmmonly known as �!'I�l'� E �kl�hama A��, Grand lsla�d,
<br /> �VE �8��1. The Rea1 Property tax iden�if��a�ion numb�r is 4�Q'I a255�.
<br /> REVpLVING LINE DF CREDIT. This ❑eed ��Trust secures the �ndebtedness including, without limi#a�ion, a revvi�ing
<br /> �ine af credit,which abl��a�es Lender to make advances to Trustor sa long as Trustor c�mp#ies with al�the terms of#he
<br /> Cred�t Agre�men�.. SuGh ad►►ances may be made, repaid, and remade from time#o t�me, subj�ct#v the limitatian that
<br /> �he #atal outstanding halance awing at any ane time, nn� tncluding �inance charges �r� `suGh baEance at a �ixed ar
<br /> variable ra�e ar sum as prvvided in the Cred�t Agr�ement,�any �empvrary ove�rages, a#her cf�arges, and any amaunts
<br /> expended or advanced as pravided �n eith�r the lndeb�edness paragraph or�his parag�aph, sha11 nv� exceed the Cr�di�
<br /> Limit as p�avided in�he�redi�Agreement. It is the inten�ion vf Trus��r and Lende��hat this ❑e�d af Trust s�cures�he
<br /> ba[ance ❑utstandtng under the Credit Agreemen�frvm�ime to tim�fr�m zer� up to thQ Credi� Limit as pravided in the
<br /> Credit Agreement and any intermediate ba[anc�.
<br /> Trustor pt-esently assigns '�o Lender �also knawn as Benefi�iary in this Qeed of Trust} a1l �f Trust�r's �'ight, #i��e, and
<br /> �nter�st in and to al� present and futu�e ieases af th� Proper�y and a[1 Ren�s from the Prape�'ty. �n addi�ion, Trustor
<br /> grants to Lender a Unifarm C�mmercial Code securi�y interest in the Persona�Praperty and Rents.
<br /> THIS DEED flF TRUST, iNCLUDING THE ASSIGNMENT�F REN�'S AND THE SEC[JRfTY iNT�REST fhl THE RENTS AND
<br /> PERS�NAL PR�PERTY, IS �IVEN 7� SECURE �Aj PAYIVIENT�F THE INDEBTE�]NESS�e�VD (B� P�RF�RMANCE OF
<br /> EACH �F TRLJSTQR'S A�REEMENTS AND ��L�GATIUNS UfVaER THE GRED1�i' AGREEMENT, THE REL►4TED
<br /> D�CU M ENTS, AN D TH[S ❑EE[� �F TRUST. TH IS DEED aF TRUST IS G�VEN AN D ACCEPTE�] (]N THE FOLL�1dVl N�
<br /> TERMS;
<br /> PAYMENT AND PERF�I�I�IANCE. Excep# a� athervvise pro�rided �n #h�s Deed of Trust, Tru���r sha�� pay to Lender all
<br /> amounts secured �y #his Deed of Trust as they hecorrre due, and s�a[l s�ric�iy and in a timely manner perfo�m a!I af
<br /> Trus�or's obligations under the Cr�dit Agreement,this C�eed❑f Trust, and�he R�1a�ed I�o�uments.
<br /> P�5SES510� I��tD MAINTENANGE C�F THE PR�PERTY. Trusto� agre�s that Trusta�'s possessian and use af the
<br /> Praperty shali be gaverned by the fallawing prnv�sions:
<br /> P4ssession and LJse. Untif �he accurrence of an E�ent af Defau�t, Trustvr may ��} remain in possess�on and
<br /> cvntrol of the Property; {2} use, operate vr manage�he Prap�rty; and �3} coll�ct the Rents from the F�roperty.
<br /> Duty fn 1V[aintair�. Trustor shall maintain the Property in go�d �ondi�ian and prompt�y per#orm al� repai�s,
<br /> repla�emen#s,and maintenan��necessary to preserve its�a�u�.
<br /> Gamp�iance With En�ironmental Laws. Trustor represents and v�rarrants�❑ Lender that: (1} Quring �he periad of
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