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<br /> 1NHEN REC�RDED MA1L T�:
<br /> Exchange Bank
<br /> G�-Allen Dri�e Branch
<br /> '[2fl4 A�ien Dr
<br /> P� 6ox 5793
<br /> Grand is[and, NE �SSa2 FDR REC�RDER'S USE�NLY
<br /> [3�ED []F TRUST
<br /> THIS DEED t]F TRUST is dated De�ember �3. ��76, aman� Ryan Steffen and Mich�lle St�ffen.
<br /> Husband and 1Nife; t"Trustvr"}; Ex�hange Bank, whos� addr�ss is G1 - A��en Dr�ve Branch,
<br /> '!2�4 A�fen Dr, P� 8ox 5793. Grand Island. NE �58�2 treferred to be�ow sometimes as
<br /> "Lender"' and sometim�s as "Beneficiary"�; and Exchange Bank, whos� address is P� B�x 3�7.
<br /> Kearney, NE 68848 treferred to below as "Tru�ste�"�.
<br /> C�NVEYANCE AN❑ GRANT. Fo�►ra�uab�e considerativn. Trustor conveys to Trustee �n trus#, VIIITH P�WER �F SALE.
<br /> fv� the henefit o� Lender as Bsne#��iary. all of Trustor's righ�, title, and interes� in and t❑ the fv�lowing descri�ed real
<br /> prap�rty, tagether w��h a�f exis�ing or subsequently �rected or a��ixed bu�fdings, impro�ements and fixtures; all
<br /> easements, righ�s ❑fi way, and appur�enances; all water, wa�er rights and dit�h righ�s �in�luding stack in utilities with
<br /> ditch or ir�iga�ion rights�; and a�i other rights, rvya{ties, and profits rela�ing �❑ the rea� property, inciuding withaut
<br /> limita�ivn al! minerals, oil, gas, geathermal and similar matters, tthe "Rea� Prvperty"} located in Hall County,
<br /> State of Nebraska:
<br /> Parcef �: Part of the Northeast Quarter of the Southeast Quarter �NE'!145E�t4� of Sect�on
<br /> Thirte�n ��3�, in Tawnsh�p Eleven {��� North, Range Ten �'I��, Vlrest af the �th P.M., in Ha1�
<br /> Caunty. Nebraska mvre parti�ulariy described in Warranty Deed recvrded as D��ument No.
<br /> ��'i D�'I 4�4.
<br /> Parce� �: Part of the North�ast Quarter of the 5outheast CZuarter �NE'!14SE'I 14� 5ectivn
<br /> Thirteen f�3}, in Township Eleven ��7� North. Range Ten 4'I�}. Vlle�t of th� �tn P.M., in Hall
<br /> County. Nebra�ka more particu�a�ly descri�ed �n Warranty Deed �ec�r�led as Document Nv.
<br /> ���6�'17�� �xcepting a tract more particutarly descri�ed in 1Narranty Deed recorded as
<br /> Do�ument Na. 94�'1�8��4.
<br /> _
<br /> Tn� Reaf Prvperty ar it� address is c�mmc�nfy known as 43� N 1Nebb Rd and a�� N Vlleb� Rd,
<br /> Grand �s�and, NE �8�q3. The Real Property tax iden�ificativn number �s 4DD'i 5D�'i 5 and
<br /> 4flD'[5���3.
<br /> REV�LV�NG LINE C3F GREDIT. This Deed of Trus� secures �he �ndebtedness incfud�ng, wi#hnut �imitativn, a revc�lving
<br /> fine o#cred�t. which ob�igates Lender�a make ad�ances�o Trus�ar so��ng as Trustor cvmplies v►rith ali the terms o€#he
<br /> Credit Agr�ement. Such ad�anGes may be made, repaid, and remade from��me tv t�me, subject�o the �imitation that
<br /> the total vu�standEng balance awing at any ❑ne time, no# including #inance charges on such balance at a fixed ❑r
<br /> �ariable �ate or sum as pro��ded in th� Cred�t Agreement, any temparary overages, other �harges, and any amounts
<br /> expended or ad�an�ed as prorrided in ei�her�he Indebtedness parag�aph or�th�s pa�agraph, sha�i not excesd the Credit
<br /> Limi#as prov#ded in�he Credi�Agreement. It is�he inten�ion af Trustor and Lender tha�this Deed vf Trust secures the
<br /> ha�an�e vuts�and�ng und�r the Credit Agrs�ment�rom t�me to��me ��ram zerv up to�he Credit L�mEt as prarrided in the
<br /> Credit Agreement and any intermedrate balan��.
<br /> Trustor presently ass�gns tv Lender �aiso knvwn as Ben��iciary in �his Deed af Trus�� all o� Trustor's righ�, titl�, and
<br /> interest in and to afl present and future lsases �f the Property and a�i Rents from the Praperty. �n addi�ian. Trustfl�
<br /> gran�s to Lender a Unifvrm Commer�ial Cvde security interest in the Personal Praperty and Rents.
<br /> THIS DEED �F TRUST, INCLUDING THE ASSIGNMENT aF RENTS AND THE SECURITY �NTEREST EN THE RENTS AN�]
<br /> PERS�NAL PR�PERTY, lS �iVEN T� SECURE �A� PAYMENT �F THE INDEBTEDNESS AND tB} PERF4F�MANCE aF
<br /> EA�H DF TRUSTQR`S AGREEMENTS AND DBLiGATIDNS UNDER THE CREDIT AGREEMENT, THE RELATED
<br /> D�CUMENTS, AND THIS DEED �F TRUST. TH�S DEED DF Tl�UST i5 GIVEN AND ACCERTED �N THE F�LL�]VIIlNG
<br /> TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as fltherwise prv�ided in �his Deed a# Trust, Trustor shali pay ta Lend�r all
<br /> amounts secur�d by this Deed v� Trus� as �hey becom� due, and sha(f strict�y and in a timely manner perform a!! vf
<br /> Trustvr's obligations under�he Credit Agreement,this Deed o�f Trus�, and the Rela�ed Dv�uments.
<br /> PpSSESSfDN AND 111iAlNTENANCE �F THE PROPERTY. Trus�or agrees that Trustor's possess�an and use of the
<br /> Property sha�f b�go��rned by the�ollowin� pro�is�ans:
<br /> Possessivn and Use. Until the occurrence vf an E�ent of D�fau�t, Trust�r may �1� remain in possession and
<br /> �on�rvl of the Proper�y; ��} use, vp�ra�e or manage�he Property; and t3} collect th� Ren�s from the Property.
<br /> Duty to Ma�nta�n. Trustor shal! maintain �he Property in gaod �ondition and prvmptly per�orm all repairs,
<br /> replacemen�s, and maintenance nec�ssary to prese��e its�alue.
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