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<br /> �1LIHEN REC�RDED MAIL Tt]:_
<br /> PCNNACLE BANI�
<br /> �]`NE[LL �FFiCE
<br /> 4�9 E D�UGLAS ST
<br /> � P� B�X 474 � --
<br /> �`NE[LL NE 6�763 F�R REC�RI]ER'S USE aNLY
<br /> � DEED �F TRLlST
<br /> . THIS DEE� �F TRUST �s dated April 'I�, ���7, am�ng R[�HARD J�RDAN BURT�I1r[STLE, a
<br /> single pers�n, whose address is 664 FA[DLEY COURT APT #'C�, GRAND �SL►4ND, NE �88�]'I �
<br /> �"Trustar"}; P[NNACLE BANK, whose address is C]'NE�LL �FFI�E, 4�9 E D�UGLAS ST, PO
<br /> _ B�X 47�. O`NEILL, NE ��7�3 treferred tv belvw som�times as rr Lender" and som�times as
<br /> _".Beneficiary'"}; and P[NNACLE BANK, whase address is P� B[]� 47�, �'NE[LL, NE 6�7�3
<br /> � � �ref�rred tv �elow as "Truste�"}. �� �,
<br /> C4NVEYANCE AND GRANT. For�aluable conside�ratian, Trustvr conveys ta Trustee in t�rus�, WITH P�IJVER �F SALE.
<br /> far �he ben�f�t vf Lender as.gene�Fi�iary, all of Trus�ar's r�gh�, ��fii�, and in�erest in and tv the fo[Eawing described rea[
<br /> proper�y, �ag�ther with afl existing or subsequen�Iy erected or affixed buildings, impraWem�nts and fiixtures; all
<br /> easements, rights ofi way, and appur�enances; all water, water rights and ditch rights {in�fuding stack in utilifiies wi�h
<br /> ditch flr �rrigation rights}; and all other rightsf royalties. and profits rela�ing �fl �he real praperty, including vvi�hou�
<br /> fimita�ion all m�nerafs, oil, gas; geo�hermal and simi�ar matters, �the `�Real Prvperty��� I�Gat�d in IHALL
<br /> �ounty, Stat� of Nebraska: +
<br /> L�T '19, I�VEST BEL AIR F1FTH AD[][T[�N T�� THE G1TY �F �RAlllt3 ISLANfl, HALL
<br /> G�UNTY, NEBRA5I�A.
<br /> Th� Rea� Property or its address is �vmm�nly knawn as 'i 7'[5 D�REEN ST, GRAND �SLAN[3,
<br /> N E ��8�3. .
<br /> - FUTURE ADVANCES. fn addition to the Note,��his Deed o�F Trust secures a[f future advances made by Lender to
<br /> Borrower whether vr nvt the ad�anoes are made pursuant�o a cammi�kment. 5pecificaf�y,�wEfihou� limi�ation, this Deed
<br /> o�Trust s�cures, in addition t� the amaunts specE�i�d in the Note, all future amounts Lender in its discretion may �oan
<br /> to Bvrrower,tvgether with ail interesfi thereon. .
<br /> Trustor presently assigns to Lender {afso known as genefi�iary in this D�ed ❑f Trust� a�l af Trustor`s right, tifif�, and
<br /> interest in and fio afl present and future leases of the Property and all Ren�s from the Prvperty. �n additian, Trustor
<br /> grants to Lender a Unifarm �ammercia[ Cade security in�erest in the Personal Property and R�nts.
<br /> THiS DEED �F TRUST, [NCLUDING THE ASSEGNMENT DF RENTS AND THE SECURITY �NTEREST [N THE RENTS AND
<br /> PERS�NAL PR�PERTY, 15 G[VEN T� SECURE tA� PAYMENT QF THE [NDEBTEDNE55 AND �B� PERFORIViANCE �F
<br /> ANY AND ALL 4BLIGATIDNS� UNDER THIS DEED �F TRUST. THIS DEED �F TRUST 15 GIVEN AND ACCEPTED ON
<br /> THE F�LL�WING TERN[S: �
<br /> TRUSTQR'S WA[VERS. Trustor waiWes all rights or defenses arising hy reas�n a�F any "on� ac�ion" ❑r "an�i-de�iciency"
<br /> [aw, or any o�her faw .whi�h may.pre�ent Lender fram bringing any a��ion agains� Trustor, �nGluding a �laim far
<br /> d��iciency to the extent Lender is ofih�rw.ise entitled tv a claim for d�ficiency, before or after Lender's comm�ncement
<br /> �.
<br /> . or completion of any f�re�iosure aG�ion, ei�her judicially ar by exercise of a pow�r of sale. '
<br /> PAYMENT AND PERF�RMAN�E. Ex�ept as vtherwise pro�ided �n this Deed af Trust, Borrower shal[ pay�Co L�nder all
<br /> Indebtedness secured by fihis D�ed o�F Trust as it becomes due, and Borrower and Trustar shaE! perfi�rm all their
<br /> respecti�e vbligatians under the Na�e,�his Deed af Trust, and the Re[a�ed Do�uments. �
<br /> . POS5E5510N AND MA[NTENAN�E �F THE PRDPERTY. Barrower and Trus�or agree that B�rrow�er's and Trus�ar's
<br /> pvssession and use n�F the Property shall be go�erned hy the follvwing pro�isions:
<br /> Passess�on and Use. Until the occurrence ❑f an Event ❑f De�au�t, Trustar may �1 y remain in possessian and
<br /> con�rol ❑��he Proper�ry; ��� us�� operate ar manage.the Property; and {3f collect the Rents from�he Prvperty.
<br /> Duty to Nlaintain. Trustar shall main�kain the Pr�per�y in g�od condition and pramptfy p�rf�rm a[l repasrs, �
<br /> replacemen�s, and maintenan�e ne�essary t❑ pres�rve its va�ue. '
<br /> Hazardous 5ubs�anc�s. Trustor represents and warran�s tha�r the Proper�ry neWer has been, and never wifl be so
<br /> fong as this Deed vf Trust remains a �ien vn the Pr�perty, used far the generation. manufacture, storage,
<br /> �reatment, dispasa[, release or threa�ened release o�F any Hazardous Substance in vialation of any En�ir�nmenta�
<br /> Laws. Trustor authorizes Lender and its agen�s to en��r upon the Praperty to make such inspectians and tests as .
<br /> L�nder may deem apprvpriate ta determine complianc� of the Property with th�s sectian of the Deed ❑f Trust.
<br /> Trustor hereby ��} r�leases and wa��es any future claims against Lender far�ndemnity�r.eontribut�an in.the e�ent
<br /> Trustar becomes iiab[e far�leanup flr other Gvsts under any such iaws, and �2y agre�s ta indemni#y� defend, and
<br /> hold harm[ess Lender agains�any and ail.c[aims and �osses resulting from a breach ofi this para�raph of the Deed v�
<br /> Trus�. This ob[igatian t� indemnify and defend sha[[ surWive the payment of the fndebtedness and the satisfaction
<br /> ofi this Deed af Trust.
<br /> DUE 4N SALE -C�NSENT Blf LENDER. Lender may, at Lender's option, d�clare immediately due and payabs� al[ sums
<br />
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