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<br /> INHEN REC�RDED IUTAiL T�:
<br /> First National Bank of Dmaha
<br /> Branch#0?�
<br /> �223 2nd Arre
<br /> K�arne NE S884T FaR RECDRC]ER'S�SE aNLY
<br /> ■ i
<br /> irs � ��na ar�
<br /> * 584U1 D25��'�6*
<br /> DEED �F TRUST
<br /> MAXIMUIIA LlEN. The lien of this Deed of Trust shal� not exceed at any one time $4�,Q��.4�.
<br /> THIS DEED 4F TRUST is dat�d �ct�ber 25, 2D'!f, am�ng Kenneth Price AKA Kenneth L Pr�ce
<br /> and Dina Qrice AKA Dina A Price, husband and wife �"Trustor"}; Firs� Nat�onal Bank af�maha,
<br /> whase address is Sranch #�7�, 22�3 �nd Ave, Kearney, NE 68�47 �referred to below
<br /> somet�mes as "Lender" and sometimes as "Beneficiary"�; and First Nati�nal Bank �f �maha,
<br /> wh�se address is '162� Dodge Street 5top Code 3��2, �maha, N� C8137 �referred tn be�ow
<br /> as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. For�aluable cansideration,Trustar can�eys to Trustee in trust,WITH P�WER OF SALE,
<br /> �or the benefit of Lender as Beneficiary, all of Trustar's right, tit�e, and interest in and to �he foliawing descrihed real
<br /> property, together with all existin� vr subsequentiy erected or affixed buildings, imprv��ments and fixtu�es; a�l
<br /> easements, rights of way, and appurtenances; all water, water rights and ditch r�ghts �inc�uding stock in utilities with
<br /> ditch ar i�rigation rights}; and all other rights, royalties, and profits reiatin �o the real prvpert , includin without
<br /> limitation all mineraEs, oil, as, eotherma� and similar ma�ters, the "Re2�l �ro ert " Iocate�in Hall �ounty,
<br /> g � � p Y �
<br /> �tate of N�hraska:
<br /> The N�rtherly Fifty �5�} fe�t af Lnt Four t4� and the Svuth�rly Twenty-f��e �25� Feet of Lot
<br /> Fi�e t5�, lmper�al V��lage �econd Subdivision, C ity �f Grand IsEand, Hal� �vu nty, Nebraska
<br /> The Rea� Rraperty or its address is commanty known as �132'1 North Hancock A�enue, Grand
<br /> Island, NE 688�3. The Real Property tax identifica#ian number is ��Q�47489.
<br /> Trustor present�y assigns ta Lender 4also known as Beneficiary in thts Deed ❑f Trust} al! ❑f Trustor's right, title, and
<br /> in#er�st in and to a�l present and future leases of the Property and ali Rents from the Pr�perty. In addition, Trustor
<br /> grants to Lender a Unifnrm Commerc�ai Code security�nterest in the Persvnal Property and Rents.
<br /> TH15 DEED�F TRUST, lNCLUDING THE ASSIGNiIAENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERS�NAL PR�PERTY, IS GIVEN TQ SECURE {Aj PAYAIIENT DF THE INOEBTEDNESS AN D �B} PERFt]RMANCE DF
<br /> ANY AND ALL QBLIGATlt]NS UNDER THE NaTE, THE RELATED D�GUMENTS, AND THIS DEE� �F TRUST. TH15
<br /> DEED�F TRLJST IS GIVEN AN D ACCEPTED DN THE F�LL�WING TERMS:
<br /> PAYMENT AND PERFQRMANCE. Except as otherwEse pro�ided in this Deed of Trust, Trustvr shal� pay�o Lender ail
<br /> am�unts secured hy this Deed of 7rust as they became due, and shall strictly and in a timely manner perform all of
<br /> Trustar's obligations under the Note,this Dee�af Trus�,and th�Relat�d Dacuments.
<br /> P�SSESSI4N ►4ND MAI�VTE�VaNGE aF THE PR�PERTY. Trus#or agrees that Trus�or's passession and use a� the
<br /> Property shall be go�erned by the fallvwing pro�isivns:
<br /> Possessinn and Use. Un#i! the oc�urrence o� an E�ent of De�ault, Trustvr may �'�] remain in possession and
<br /> contro!of�he Prvperty; {2) use,operate vr manage the Proper-ty;and �3} collect the Rents frvm the Praperty.
<br /> Duty ta Nlain#ain, Trustor shal! maintain the Praperty in good condition and promptly perform ali repairs,
<br /> replacemen#s,and maintenance necessary to preserve its�a�ue.
<br /> Compliance IN�th En�ironmenta! Laws. Trus#ar represents and warrants tn Lender that: {'!} During the periad ❑f
<br /> Trustor's ownership of the PrQper�y,there has been no use,generation, manufacture,starage,treatment,disposai,
<br /> release or threa#ened release vf any Hazardous Substance by any persan on, under, abvut ❑r frvm the Property;
<br /> t2} Trustor has no knflwledge af, or reasan tv belie�e that there has been, except as pre�iously disclased to and
<br /> acknowledged by Lender in writing, �a� any breach or �ialation vf any En�ironmental Laws, �b} any use,
<br /> gene�ation, manufac#ure, starage, treatment, disposal, release or threatened release❑f any Hazardous Subs#ance
<br /> vn, under, about vr from the Property by any prior vwners vr occupants of the Prope�ty, �r tc} any actual vr
<br /> threatened litigation ar claims of any k�nd by any persvn �ela#ing tv su�h matters; and �3] Except as pre�iously
<br /> dis�lvsed ta and acknowledged by Lender in writing, (a} neither Trustvr nvr any tenant,contractor,agent or vther
<br /> auth�rized user of the Property sha�f use,generate, manufacture,stare,treat,�fispose o�or retease any Hazardous
<br /> SubStance on, under,abaut ar from the Praperty;and �b} any such a�ti�ity shall be conducted in oompliance wi#h
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