rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> � �orn � � o
<br /> o �z � � z� � �
<br /> � �� � � �z � �
<br /> °° z� �' � �rn � z
<br /> w �� p � �Ov �
<br /> ,� rn o° ,�� a° �
<br /> rnm rn � _� � �
<br /> C� o y Cn W C
<br /> o cn �
<br /> �� ��
<br /> a�o � .�.� rn
<br /> o� � � �
<br /> � �
<br /> � z
<br /> �
<br /> VIIHEIIi RE�DRDED MAfL T�:
<br /> Exchange Bank
<br /> G��Allen Dri�e Bran�h
<br /> '���4 AIlen Dr
<br /> P� Box 5793
<br /> Gr'and island, NE 68��� F�R RE��ROER'S USE�NLY
<br /> DEED C3F TRUST
<br /> TH[S DEED DF TRUST is dated March Z4, 2�'l7, among Miche�[e L Ruz�cka, A Single Persan;
<br /> �"Trustvr"}; Exchange Bank, who�e address is Gf � A!!en Drive Bran�h, 7 2�4 A11en Dr, P� �ox
<br /> 57�3, Grand lsland, NE 68$�2 �r�ferred to be�vw svmetimes as "Lend�r" and sametimes as
<br /> �Benefic�aryr'}; �and Exchange Bank, whase address �s P� Bax 397, �earn�y, �IIE �$�48
<br /> �referred ta belvw as "Trustee'T}.
<br /> C�NVEYANCE AND GRANT. Far�aivab�e cansideratian,Trustor conveys t❑Trustee in trust,W�TH P�WER �F SALE�
<br /> for �he benefrt of Lender as Beneficiary, aii af Trus�or's righ�, ti�ie, and int�rest in and to fhe f�Ilowing described real
<br /> prQper�y, together wi�h all existing or su�sequentiy er��ted or affixed buildrngs, impro�emen�s and �ix�ures; all
<br /> easements, �'i�ht5 of w�y, and appurtenances; a!! water, water righ�s and ditch rights �including stock in utilities with
<br /> di�ch �� ir�igafion rights}f and a!1 afher righ�s, royaItiesf and pr�fits relating �o the real pr�perty, including withou�
<br /> limitation all minerals, �ilr gSS� geath�rma! and similar matters, tthe �`Rea1 Pr�p�rty'�} located �n Hal� ��untyr
<br /> State of Nehraska:
<br /> Lot '1�, �rand West Subdivision, �n the �ity of Grand �sland, Ha�� ��unty, Nebraska ,
<br /> The Rea} Praperty or its address is common{y known as 'I 5'1� M ansfis�d Rd, Grand Island, NE
<br /> �88�3. The Rea� Pr�perty tax identificat�on number is 4��394��8.
<br /> REV�LVIN� LINE �F CRED�T. This Deed ❑f Trust secures the [ndeb�ednass incIudingr withou� �imitation, a revo�v�ng
<br /> [ine Qf credi#�which obIigate� Lender#v make ad�ances to Trustar sa long as Trustor�omplies w�th a[[the terms v�F the
<br /> �redit Agreement. 5uch advances may be made, repaid, and remade from time to time, subiect to the limitatian that
<br /> the tvtal oufstanding balance vwin� at any vne time, not including #inan�e �harges vn such balance at a fixed or
<br /> �ariable rate vr sum as provided in the Credrt Agreemen#, any temporary overages, vther cha�rgesr and any amaunts
<br /> expended ❑r advanced as pro�'rded in ei�her the �ndebtedness para�raph or this paragraph� shall not exCeed the Credif
<br /> Limit as pro�ided in the �redit�4greemen#. lt is the intention of Trustvr and Lender fhat this Deed of Trust secures�he
<br /> balan�e outstanding und�r the Credit Agreemen#from time ta time frvm zero up to the Credit Limit as pravided in the
<br /> Credrt Agreement and any intermediate balanGe.
<br /> Trus�or presently assigns to Lender �aIso known as genefi�iary in �his Deed vf Trus�} all ��F Trusto�°s right, titIe, and
<br /> interest in and to ali present and �uture leases ❑-� the Property and aIl Ren�s from the Praperty. In addition, Trus�or
<br /> gran�s�o Lender a Uniform Commercial Code securi�y interest in the Persona! Property and Rents.
<br /> TH�S ❑EED �F TRUSTf INGLUDlNG THE ASSIGNMENT�F RENTS AND THE SEGURlTY INTEREST 1N THE RENTS ANO
<br /> PERSDNAL PRDPERTYr 15 GiVEN T� SECURE {A� PAYMENT DF THE 1NDEBTEDNE55 ANO �B} PERF�RMANGE �F
<br /> E�4CH �F TRUSTQR'S AGREEMENTS AND pBLIGATI�NS UN�ER THE CREDIT AGREEIVIENT, THE RELATE❑
<br /> ❑�CUMENTS, AND TH�S DEED ❑F TRUST. TH�S DEED �F TR[J5T 1S GIVEN AND ACCEPTED �N THE F�LLOW[NG
<br /> TERMS:
<br /> PAYMENT AN❑ PERF�RMAN�E. Excep� as o�herwise pro�ided in this Deed of Trust, Trustar shal[ pay �n Lender a�l
<br /> amounts secur�d by �his �eed a�Trust as they became due, and shaIl strictly and in a timely manner per�orm aIj a�
<br /> Trus�ar's obliga�ions under�h� Credit Agreement,�his Deed a�F Trust, and the Related Docum�nts.
<br /> P�SSES5IQN AND MAINTENANCE ❑F THE PRDPERTY. Trustor agrees �ha� Trustor's possession and use of the
<br /> Prvperty shall be go�ern�d by the foIlowing provisions:
<br /> Passession and Use. Until the ❑ccurren�� af an E�ent of ❑efauit, Trust�r may {'1� remain in possession and
<br /> con�r�l❑fi the Property; ��} use� ❑perate❑r manage the Property; and {3} caII�Gt the Ren�s�From the Praperty.
<br /> Duty to Maintain. Trustor sha�! maintain the Praperty in good canditian and pramptly perform a�l repairs,
<br /> repIacemen�s, and main�enance necessary to preserv�its�alue.
<br /> Gompliance W"rth Environmental Laws. Trustor represents and warrants to Lender�hat: {1� During the p�riod a�
<br /> Trustar's ❑wnership ❑f the Prvperty, �there has b�en no use, generationr manu�acture, stvrage,�reatment, disposal,
<br /> rel�ase ar�hreatened release of any Hazardous Subs�an�e by any p�rson ❑n, under, about or tram the Property;
<br /> ��} Trustor has no knawledge of, or reason to beli�ve that there has be�n, except as pr��ivusly disclosed fa and
<br /> acknawled�ed.by Lender in writing, {a] any breach or v�o�atian of any En�iranmental Lawsr {b} any use�
<br /> gene�ation, manufac�ure, storage, treatment, disposai, �release ar threatened reIease ❑f any Hazard�us Subs�ance
<br /> on, under, about or �'ram �he Property by any priar own�rs or ❑ccupants of �he Prop�rty, a� {�} any ac�ual ❑r
<br /> threai�ened litiga�ian or claims of any kind by any persvn relatin� �o such ma�ters; and {3} Except as pre�iously
<br /> disciosed to and acknnwledged by Lender in wri�ing, {a} neither Trustar nor any tenant, con�rac�or, agent ar o�her
<br /> authorized user o�the Property shall use, generate, manufacture, stare, treat, dispas� o�or release any Hazardous
<br /> �ubstance on, underr about❑r from the P�operty; and {b} any such activity sha[l be conducted in compiiance wifh
<br /> aCI applicable �ederaIr state, and lacal laws, regulations and ordinanGes, including wi�hout limitativn aIl
<br /> _ Enviranmen�al Laws. Trustor au�harizes Lender and its agents �o en�er upon the Property t� make such
<br /> t
<br />
|