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<br /> 1NHEN REC�RDED MAIL TD:
<br /> Exchanga B�nk
<br /> � GI-Allen Dri�e 6ranch
<br /> 1�04 A��gn Dr
<br /> PQ Box 5793
<br /> Grand IslBnd NE G88�� F�l�RECDR�]EF�`S USE�NLY
<br /> DEED �F TRUST
<br /> TH�S DEED �F TRUST �s dated No�ember 2�, 2�1�, among Edwards Building �orp, A
<br /> Nebraska �orporatian t"Trustor"f; Exchange Bank, whose address is GI - A�len Dri�e Branch.
<br /> '!2�4 Al�en Dr, P� Bvx 5793. Grand Island, NE 68��� treferred to t�elvw sometimes as
<br /> "Lender" and s�m�t�mes as "6eneficiary"}; and Exchange Bank. whose addrass is P�B 76�.
<br /> Gibbon, NE �884� �referred ta be�aw as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. Far�aiueble considerativn. Trustor�on�eys to Trust�e in#rust. INtTH P�WER �F SALE.
<br /> for the bsnafit af Lender as Beneficiery, all af Trustor's right, title, and interest in and tv the following described real
<br /> property, tageth�r with all existing o� subs�quently erected or affixed buildings, �mpro�ements and fixtures; all
<br /> easem�n#s, rights of way, �nd appurtenances; al� water, wate� rights and ditch rights tincluding stock in utilities with
<br /> ditch or irrigatian rightsy; and all other rights, royalties, and prvfits�relatin t❑ the real property,,including without
<br /> limitation ai� minerais, oil, gas, geotherm�l and simEfar matters, �the R�el �ro e � Iocated �n Hall Coun
<br /> P �l► ty.
<br /> State of Nebraska:
<br /> Condominium Unit 4�2. The Yancey. a condvminium in accord�nce with the Declaration
<br /> recorded �ctober 'I 7, 7 9S4 under pocument No. 83-�D55�7 in the City of Grand �s�and.
<br /> Hall County, State vf Nebraska
<br /> The Real Proparty or its address is cvmmonly known as 123 N locust St. #4�2, Gr�nd Isiand,
<br /> NE �88�'I.
<br /> CRDSS-CQLLATERALIZATi�N. In addition to the Note, this Deed of Trust se�ures all obiig�tions, debts and liabil�ties,
<br /> plus interest thereon, of Trustar to Lender, or any one ar more vf them, as weli as alf claims hy Lender aaainst Trustor
<br /> or any one or more af them, whether now existing or hereafter arisiny, whether related or unrelated to the purpose o�
<br /> the Nate, whether �oiuntary or otherwise, whether due vr nvt due, direct vr indirect, determined or unde#srmined,
<br /> absofute or contingent, liquidated or un�iquidated, whether Trustor may be liable indi►►idua!!y or jaintly with others,
<br /> wh�ther obligated as guarantor, surety, accommadetion party or otherwise. and whether reca►►ery up�n such amaunts
<br /> may be or hereafter may becvme barred by any sta#ute of limitations, and whether the abligation t�repay such amounts
<br /> may he vr herea#ter may hecvme otherwise unenforceab�s.
<br /> FUTURE ADVANCES. In addition to the Note��his Deed of Trust secu�es ail future ad�ances made by Lender to Trustor
<br /> whether or not the ad�ances are made pursuant to a commitm�n�. Specifically, without limi#a#ion, this Deed of Trust
<br /> secures, in additivn to the amoun#s specified in th� Nvte� afl fu#ure amounts Lender in its dEscretion may Io�n #o
<br /> Trustvr,together with all interest thereon.
<br /> Trustor presently assfgns tv Lender �also known as Beneficiary in this Deed of Trustj all af Trustor's right, title, and
<br /> interest in and to al1 present and future leases vf the Property and all Rents frvm the Property. In addition. Trustvr
<br /> grants to Lender a lJnif�rm Cammer�ial Code sgcurity interest in the Persanal Property and Rents.
<br /> THIS DEED DF TRUST, lNCLUDINC THE ASSICNMENT QF RENTS AND THE SECUR�TY INTEREST IN THE RENTS AND
<br /> PER5�NAL PR�PERTY, 15 G1VEN T�SECURE �A� PAYMENT�F THE INDEBTEDNESS AND �Bf PERFQRMANCE�F
<br /> ANY AND ALL �BLIGAT�DNS UNDE�t THE N�TE, THE RELATED DQCUMENTS. AND TH�S DEE� DF TRUST. TH15
<br /> DEED�F TRUST IS GIVEN AND A�CEPTE��N THE FQLL�WlNG TERMS:
<br /> PAYMENT AN� PE#�FDRMANCE. Except as vtherwise �ro�ided in this Deed af Trust, Trustor shall pay to Lender all
<br /> amounts secured by this �eed of Trust as they become due, and shall stri�tfy and in a timely manner perfarm all of
<br /> Trustor's obiigatians under the Note.this [3eed❑f Trust, and the Rel�ted Documents.
<br /> PaSSESS��N AND MAINTENANCE �F THE PR�PERTY. Trustor agrees tha# Trustvr's possession and use of the
<br /> Property shall be go�erned by the following pro�isions:
<br /> Possession and Use. Until the occurrence of an E�ent a� Default, Trusto� may ��y remain in p�ssession and
<br /> �ontrvl❑f the Prvperty; �Zy use, operate vr manage the Property; and �3y collect the Rents fram the Prop�rty.
<br /> Duty to Meintain. Trust�c shall maintain �he P�operty in tenantable �ond�tion and promptiy perform a�l repairs,
<br /> replacements, and maintanance nec�ssary#o preser�e�ts�alu�.
<br /> Campliance VHith En�ironmental Laws. Trustvr represents and warrants to Lender that: �1 y During the period of
<br /> Trustar's ownership of the Property, there has been no use, generativn, manufacture, storage, treatment, dispasel,
<br /> reiease or threatened release of any Hazardaus 5ubstance by any person on, under, ahout or from the Pr�perty;
<br /> ��f Trustor has no knowledg� a#, ar reasan to befie�e that there h�s been, except as pre►►iously disclosed to and �
<br /> a�knvwl�dged by Lender in writing, �af any breach or �iolation of any En�ironmentai Laws, �hf any use� j
<br /> generation, manufa�ture, stvrage, trea#ment, dispvsal, releas� or threatened release of any Haiardous Substance 1
<br /> on. under, ah�ut or #rom the Property hy any privr owners �r occupants of the Property, or �cy any actua� or �
<br /> th�eatened litigation or cla+ms af any kind t�y any person relat�ng to such matters; and t3f Except as prev�ously �
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