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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 /> c� �� p � �ov � <br /> rn� rn �� � � <br /> rn� � � =c�r� � � <br /> �o � � � � <br /> cr� r� <br /> �� � .�.� rn <br /> o� � � � <br /> � �' z <br /> 0 <br /> 1NHEN RECDRDED MAlL T�: <br /> Exchange Bank <br /> G!-Allen Qri�e Branch <br /> '12�4 Allen Dr <br /> P� Box 5793 <br /> Grand Island. NE 688�� F�R RECQRDER`S USE�NLY <br /> DEED �F TRUST <br /> TH15 DEED QF TRUST �s dated Marcn 3�, 2�'I 7, amang Sandra �. Huff and Trvy Huff, nat <br /> personally but as Trustees vn beha�f vf June M. Frank Revocable Trust: A Nebraska Trust <br /> �"Trustc�r"�; Exchange Bank, whose address is GI - A11en Dri�e Brancn, 'I 2�4 A�len Dr, P� Box <br /> 5793, Grand lsland, NE �88�2 �r�ferred tv below sametimes as "Lender" and snmetimes as <br /> "Benef�ciary"}; and ExcF�ange Bank, whose address is P�B 76�, Gibbvn, NE ��84� �referred to <br /> belaw as "Trustee"�. <br /> CaNVEY►4NCE I�IVD GRANT. Fvr �aluable considerativn. Trus�or con��ys to Trustee in trus�, 1NITH PQVIIER ❑F SALE, <br /> for fihe benefit of Lend�r as Beneficiary, ali ❑f Trustor's right, #itle, and in�erest �n and t❑ �he fallowing described real <br /> prvperty, togethe� with afl existing ar subsequ�ntly erected or af�ixed buildings, �mpro�ements and fixtures; all <br /> easements, rights of way, and appurt�nances; a�f water, water rights and ditch rights �including stock in utilities with <br /> dit�h or irrigation rights�, and all ather rights, royal�ies, and profits relating to �he real proper�y, in�fuding without <br /> 1�mita�ion aI� m�nerals, oi�, gas, gevthermal and similar matters, �the '�R�al Property�'� iocat�d in Ha�� County, <br /> 5tate of Nebraska: <br /> Lvt �. Bisan Meadows Subdirrision Twv, an additivn tv the V�llage of Dvn�phan, Ha1� <br /> County. Nebraska <br /> The Real Praperty ar its add�ress �s commonly known as 5�'t Vlla�nut. Doniphan, NE �883�. <br /> The Real Praperty tax identification number is 4�Q'I828$�. <br /> CRQSSwC�LLATERALIZATI�N. In addition to the Note, th�s Deed vf Trust secures all obligations, dehts and liabilities, <br /> plus interest therson, vf Trustor tv Lender, o� any vne or more of�hem, as well as al� ciaims by Lender against Trustflr <br /> or any ❑ne or mare of them, whe�her now exis�ing or hereafter arising, whether re�ated or unrelat�d to the purpase o�f <br /> the Nvte, whether �vluntary ar o�herwise, whether due or not du�, direct or indirect, determined or undetermined, <br /> absalute or cont�ngen�, I�quidated or unliquidated, whe�ther Trustor may be liable indi�idually vr jvintly rrvith ❑thers, <br /> whether vbliga��d as guarantvr, surety, ac�ommodation par�y vr otherwise, and whether reco�ery upon such amounts <br /> may be or hereafter may become barred by any statute of limitations, and wheth��the abligation to repay such amounts <br /> may be or hereafter may be�ome o�herwise unen#o�ceable. <br /> FUTURE ADVAN�ES. In addition to the Nate, this Deed of Trust secures a���uture advances made by Lender to Trustor <br /> wh�ther ❑r not the advances are made pursuant t� a commitm�n�. Spec��ica�ly, wi�hout limitation, this Deed of Trust <br /> s�cures, in additian to the am�unts specified in the Note, ali �uture amounts Lender in its discretion may laan to <br /> Trustor, togeth�r with ail interest thereon. <br /> Trustor pr�sen�ly ass�gns �o Lender talso known as Bene�iciary in this ❑eed of Trust} a�l of Trustor's right, �itle, and <br /> interes� in and to ail present and future leases v� �he Pr�perty and all Rents from the Proper�y, ln addi�ion, Trustor <br /> gran�s t� Lender a Unifvrm Commercial �ode security int�rest in�he Persona! Prvperty and Rents. <br /> THiS L3EED QF TRUST, INCLUD�NG THE A551GNMENT OF RENTS AND THE SECLJRITY lNTEREST IN THE RENTS AND <br /> PERSQNAL PRDPERTY, 15 GIVEN T� SEC!!RE �A� PAYMENT QF THE lNDEBTEONESS AN� �B� PERFQRIIAANGE DF <br /> ANY AND ALL ❑BLIGATIQNS UNDER THE NOTE, THE RELATED DD�UMENTS, AN❑ THIS DEED �F TRUST. TH1S <br /> DEE�❑F TRUST IS G1VEN AND ACCEPTED�N THE F�LLOINING TERMS: <br /> PAYMENT AND PERFDRMAN�E. Except as otherwise pro�ided in th�s Deed af Trust, Trustor sha�l pay to Lender all <br /> amounts secured by this Deed of Trust as �hey become due, and sha�l strictly and in a timely manner perfarm aif of <br /> Trustor's❑�ligations under the Nv�e, this ❑eed of Trust, and�he R�lated Documents. <br /> P�SSESSIDIV AN❑ MAINTENANCE �F THE PR�PERTY. Trustor agrees �hat Trustor's possessian and use vf the <br /> Prvperty shall be go�erned t�y the fotlawing pro�isions. <br /> Possess�on and Use. lJntil the occur�ence ❑f an E�ent of ❑efault, Trustvr may �1} rema�n in possession and <br /> control of the Prvperty; t�} use, operate or manage the Prvperty; and t3} col��ct the �ents firom the Property. <br /> ❑u#y �o Maintain. Trustar shall maintain the Prop�rty in �enantable condition and promp#�y pe�farm a�[ repairs, <br /> rep�acements, and maintenance ne��ssary to preser�e its �alue. <br /> Compliance Vllith En�`rrc�nmenta! Laws. Trustor r�presen�s and warran�s to Lender tha�: ��� ❑uring the period of <br /> Trustor's ouvnership of�he Prvperty, there has he�n no use, generation, manufacture, s�orage, �rea�ment, d�sp�sal, <br /> release or threa�ened re�ease of any Ha�ardous Substance by any person on, under, about ❑r from the Proper�y; <br /> 42f TrustQr has no knowledge ofi, ar reason �o b�lie�e that there has been, except as pre�iously disclosed to and <br /> acknowledged �y Lender in wri�ing, 4a� any br�a�h or �i�lati�n vf any En�ironmental Laws, {b� any use, <br /> gen��ation, manufiacture, s�orage, treatmen�, disp�sal, release ar thr�atened rel�ase of any Hazardous Substance <br /> on, under, aboufi or fram the Prvperfiy hy any prior awners vr occupants of th� Proper�y, or 4c} any actua� o� <br /> threatened litigation or c�aims ❑f any kind by any person rela�ing #o such matters; and �3� Except as previousiy <br /> � . <br /> � <br />