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<br /> INHEN REC�RDED IVIAIL TD:
<br /> Exchange Bank
<br /> Kearney Bran�h
<br /> 3��� 2nd Arrenue
<br /> �0 Bvx 397
<br /> Kearne , iVE �8848 F�R RECORDER`S USE�NLY
<br /> DEED DF TR�UST
<br /> THIS DEED �F TRUST �s dated De�ember 'I 5, 2�'I�, among Lisa M Dunn, A 5ingle Persvn,
<br /> whose address �s �5�2 5 August St. Grand fsland, NE C88�� �"Trusto�r"�: Exchange Banko
<br /> whase address is �Cearney Bran�h, 3'i�0 �nd Ar►�nue, PD B�x 397, Kearney. IVE 68848
<br /> �referred to belaw sametimes as "Lender" and some#imes as "B�neficiary"�; and Exchange
<br /> Bank, whvse address is P� Bax 3�7. ICearney. IVE �8848 4referred t❑ belnw as "Trustee"'�,
<br /> C�NVEYANCE AN❑ GRANT. Fo�r rra�uable �ons�dera�ion, Trustor cvn�eys�❑Trustee in trust. 1NITH PQWER �F SALE,
<br /> �Far the bene�it of �ender as Benefi�iary, all of Trustor's right, title, and interest in and �o �he �vlfowing described real
<br /> property, together with a�l existing vr su�sequently erected or af#ixed bui�dings, impro�ements and fixtures; a�l
<br /> easements, rights of way, and appurtenances; ali water, water rights and ditch righ�s �including stock in utilities w�th
<br /> ditch o� irrigation rights}; and a�� other rights, royal�ies, and profits relating to the real prvperty, including without
<br /> limitation all m�nerals, oil, gas, g�athermal and similar matters, �the "Real Property"� lvcated in Hall Cvunty,
<br /> �tate of Nebraska:
<br /> Lvt 33. Morningside Acr�s 5ubd�vision, ta the City af Grand Island, Hall �vunty, Nebraska.
<br /> The Rea1 Praperty ar its address is cammanly known as 2522 5 August 5t, Grand Island, NE
<br /> �88��. The Reaf Property tax identification numb�r is 4�D33�9�3.
<br /> REV�LV�NG LINE pF CREDIT. This Deed of Trust s�cures the Indehtedness including, rivithout limi�ativn, a re►►vl�ing
<br /> line vf cred�t, whi�h obiigates Lender to make ad�an�es�o Trustor sa long as Trustor cvmplies with all the terms of�he
<br /> Credit►4greement. Su�h adrrances may be made, repaid, and rsmade from time t�time, subje�t ta the limitatian �hat
<br /> the total outstand�ng halance vwing at any one time. not including finan�e charges vn suCh balance at a �ixed or
<br /> ►rariable �ate or sum as prv�ided in �he Credi# Agreement, any t�mpvrary vrrerages, other �harges, and any amvun�s
<br /> expended or ad�anced as pro�ided in either the Indehtedness paragraph or this parag�aph, shall nvt exc��d the Credit
<br /> Limit as proWided�n the Credit Agreement. !t is the intention o�Trustor and Lender that this Deed o�Trust se�ures�he
<br /> laalance nutstand�n� under the Credit Agreement�rom time tv�ime fr-am zerv up�a the Credit Limi� as pro�ided in the
<br /> �redi�Agreement and any�ntermediate balance.
<br /> Trus�ar presently assigns to Lender 4alsa known as Bene#iciary in this Deed of Trust� alf of Trus#ar's right, ti�le, and
<br /> interest in and t❑ all present and futur� leases of the Praperty and all Ren�s from the Proper�y. ln addition, Trustor
<br /> grants to Lender a Unifvrm Commerciai Code security inter�st in the Persvnal Property and Ren�s.
<br /> TH15 DEED DF TRUST, �NCLUDING THE ASSIGNNlENT �F RENTS AN❑THE SEGURlTY INTEREST IN THE RENTS AN❑
<br /> PERS�NAL P�iOPERTY, 15 G[VEN T� SECURE {A� PAYMENT 4F THE INDEBTEDNESS AND �B� PERFDRMANCE �F
<br /> EACH DF TRUST�R'S AGREEMENTS AND DBL�GATI�NS UNDER THE CREDIT ACREEMENT, THE RELATE❑
<br /> D�CUMENTS, AND TH15 DEED �F TRIJST. TH1S DEED DF TRUST iS GIVEN AND A�CEPTED �N THE FDLL�1NfNG
<br /> TERNIS;
<br /> PAYMENT AND PERFaRMAN�E. Except as ❑therwis� p�o�ided in this Deed ❑f Trust, Trustor shall pay �o Lender all
<br /> am�un�s s�cured by this ❑eed of Trust as they become due, and shall str�ctly and in a t�mely manner per#orm all of
<br /> Trus�or's ak�ligations under the Credit Agreemen�, this ❑eed of Trust, and the Rela�ed Documents.
<br /> P�SSESSI�N AN❑ MAINTENANCE ❑F THE PR�PERTY. Trustor agrees that Trustor's possession and use ❑f the
<br /> Property shall be go�erned by the follvwing pr��isions:
<br /> Pvssession and Use. U ntil the occurren�e o� an EWent of Defau�t, Trus�or may {1� remain in pvss�ssion and
<br /> �ontrol of the Praperty; ��� use, flp�ra�e vr manage�he P�ap�rty; and �3y �ollect the Rents from the Property.
<br /> • Du#y to Main�ain. Trustor sha�l main#ain �he Property in goad �ond�tion and promptty perform all repairs,
<br /> replacements, and maintenance necessary ta preser�e its�alue.
<br /> Compliance W�th En�ironmen�al Laws. Trustor represents and warrants to Lender that: �1� During the period of
<br /> Trustor's awnersh�p of�the Property, there has heen no use, generation, manufacture, storage, treatment, disposal,
<br /> release or threatened refease of any Hazardous Substance by any pers�n on, under, about or from the Property;
<br /> {2y Trustar has no know�edge of, Qr reason ta beli�ve that�here has heen, except as previously disclased t❑ and
<br /> acknowl�dged hy Lender in wri#ing, �a} any hreach vr �ivlation of any En�ir�nmental Laws, �by any use, �
<br /> generation, manufacture, s�orage, treatment, d�sposal, rel�ase �r threatened re�ease v� any Hazardaus Substance
<br /> vn, under, abvut or from the Praperty by any prior vwners or accupants of the Prop�rty, or �c� any actual or
<br /> threatened litiga�ion �r claims o� any kind by any p�rson relat�ng tfl such matte�s; and �3� Except as pre�ious[y
<br /> discivsed to and a�knav►rledged by Lender in writing, �a� neither Trustor nor any tenant, �ontractvr, agent or athe�
<br /> authorized user❑f th� Property shall use, generate, manu�acture, store, treat, dispvse vf vr release any Hazardous
<br /> 5ubstance vn, under, about or from the Prap�rty; and �b� any such acti�ity sha�! be conducted in compliance with
<br /> a�� appEi�able federal, state, and lv�al laws, regulations and vrdinances, including withvu� lirn�tation all
<br /> En�ironmental Laws. Trustor authori�es Lender and its agents tv enter upon the Praper�y tv mak� such
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