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<br /> � ' 2� 17�2�88
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<br /> VIIHEN REGD#�DED MAIL T�:
<br /> Excheng� B�nk
<br /> Gibban Bran�h
<br /> '14 LaBarre 5treet
<br /> PD Box 7�a
<br /> Gibbon NE C884� FOR REC�RDER'S U5E DNLY
<br /> DEED �F TRUST
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<br /> TH�S DEED ❑F TF�UST is dated Apri! '14. 2�7 7. amvng Panv►n►icz L�nd �ampany, LL�. A
<br /> Nehraska Lim�ted L.iabiiity Cvmpany �"Trustor"�; Exch�nge Bank. whose address is Gibhon
<br /> Branch. '14 �.aBarr� Street, P[] Sax 7fi�, Gihbar�, NE P884D {ref�rr�d to below sometimes as ;
<br /> "L�nder'" and somet�mes as "Beneficiary"y; and Exchang� Bank. whase address is P�B 76�3. ;
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<br /> G�bban, NE 6884� treferred to below as "Trustee"�. �
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<br /> C�NVEYANCE AND GRANT. For�a#u�ble consideration,Trustor con�ays to Trustee �n trust. WITH P�WER �F SALE. 1
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<br /> for the hene�it of Lender as 6eneficiary. a�l vf 1"rustor's right. tit�e� and interest in and ta the following descrihed r�a! ?
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<br /> prap�rty, together with all existing or subsequent�y erected �r attixed buildingsi impra�ements and fixtures; a�t ;
<br /> easements. rights of way, and eppurtenan�es; a�! water� water rights and d�tch rights �including stvck in utilities with f
<br /> ditGh ar �rrigat�on rightsf; and afl other rights, rvyalties. and p�afits relating to the real prvperty, inciuding wi#hvut '
<br /> limitatian all m�nerals, ail, gas, geothermal and similar matters, tth� ��Reai Praperty�i� IoCated Ir1 Hel� ��u[lty,
<br /> Stste of Ne�raska:
<br /> S�e Exhih�t "q" .
<br /> The Reai Praperty vr its address �s cammonly known as Rura� Hali Caunty. NE. E
<br /> CR�SS���LLATERALIZATlOIV. �n additi�n ta the Note, this ❑eed of Trust secures all abligations, debts and fiabEE�ties, .
<br /> plus in'ter�s'�thereon, vf Trustor to Lender, vr any one or more of them, as weii as ali claims by Lender against Trustvr �
<br /> ar any ane or more af them, whether now existing ar hereafter arising, whether �elated ar unrelated tv the purpose of
<br /> the Note. wh�ther �vluntary or t�therwise, whether due �r not due, direct or Endirect. determined or undetermined,
<br /> absoiute or cont�n�ent, l�quidated or un�Rquidated, whether Trusta� may be liab�� indi��clually flr S�infly w�th others,
<br /> whether ohfigated as guarantor� suretyr accammodativn party or vtherwise. and whether reco�ery upon such amaunts
<br /> may be o�hereafter may b�came barr�d by any statu�e af�imitat�vns, and whether the obliga#ion xo�epay such amaunts
<br /> may be or hereafter may becvme atherwise unenforceable.
<br /> FUTUR�ADVANCES. �n additivn t❑the Nate.this Deed of Trust secures a�!future ad�ances made hy Lender to Trustor
<br /> wheth�r �r not th� ad�ances are made pursuant tv a comm�tmen#. Spec���cally, without lim�tativn, th�s C�eed of Trust
<br /> se�ures, in additi�n to the amvunts specified En the Note, a1! future amounts Lender in i#s discretivn may loan to
<br /> Trustor, together with a�l int�rest thereon.
<br /> Trustor presently assigns to L�nder �alsa known as Beneficiary in this �eed of Trust� a�! o# Trustar's right, title, and
<br /> inter�st in and t❑ a�l presen� and future Eeases ❑f the Prap�rty and a�l Rents from the Property. In additi�n, Trustor
<br /> grants to Lender a lJnifvrm Commercial Code secu�ity interest in the Persvna! Property and Rents.
<br /> TH1S DEED�F TRUST, INCLUDINC THE AS5IGNMENT�F REN75 AN�THE SEGURITY iNTEREST!N THE REIVTS AND
<br /> PERS�NAL PR�PERTY. 15 GIVEIV T� SECURE �Ay PAYMENT�F THE�NQEBTEDIVESS AND �B� PERF�RMANCE �F
<br /> ANY AND ALL �gLfGAT1QNS UNDER THE N�TE. THE RELATED ��CUMENTS, AND TH15 DEE� qF TRUST. THIS
<br /> DEED�F TRUS7 IS GfVEIV AND ACCEPTED�N THE F�]LL�VIIIN�TERM5:
<br /> PAYNlENT AN� PERF�RMANCE. Except as otherwise pra��ded �n th�s �eed of Trust� Trustar shall pay ta Lender all
<br /> emaunts secured by this ❑�ed of Trust as they become due, and shall strictly and in a timeEy mann�r perfvrm all vf
<br /> Trustar's vbligativns under the Note, this aeed❑f Trust, and the Related �]v�uments.
<br /> P�SSESSION ANQ MAINTENANCE �F THE PRaPERTY. Trustar agrees that Trustor's possession and use of the �
<br /> Pr�perty shall b�gv�erned by the following pra�isions:
<br /> Passession and Use. Un�il the occurrenGe o� an Event af ❑efault, Trustor may ('�� rema�n in possessian and �
<br /> cvntrvl of the Property; {2� us�,operate or manage th� Property; and �3y �vll�ct the Rents fr�m th�Proper�y.
<br /> Duty to M�int�in. Trustor shall maintain �he Property in �enantahl� condition and promptly perfvrm al! repairs.
<br /> replacements, and maintenance necessary ta preser�� its�alue.
<br /> Compliance With En�irvnmenta� Laws. Trust�r represents and ►n►arrants tv Lender that: �1 y During the periad of
<br /> Trustvr's ownershEp of the Property, there has heen no use, genera�ivn, manufacture, storage, treatment, d�sposal,
<br /> re�ease or threatened releas� o� any Hazardvus Substance by any persan on, under, about ar from the Praperty;
<br /> t�l Trusto� has nv knowledge af, ar reasvn to be�ie�e t�at there has been, except as pre�iously disclosed to and
<br /> a�knvwledged by Lender in writing, {a� any breach �r �ivfation of any En�iranmental Laws. {b� any use,
<br /> generation, manufaGture. s�orags. trea�ment, disposaf. release or threatened release of any Hazardous Substance
<br /> on, under, abvut ar from the Property by any prior ❑wners or occupants o� the Property, or ��} any actual ❑r
<br /> �hrea�ened litigativn or claims �# any kind by any person relating ta such ma##ers; and 43� Except as pr��iously
<br /> disc�ased ta and acknowledged by Lender in writing, {a� neither Trustor nvr any tenant, �antr�actor, agen�❑r other
<br /> au�harized user a�the P�aperty shall use. generate, manufacture, s#ore� treat, dispose ❑f or release any Hazardvus
<br /> 5ubstance on� under, ahout or fram the Prvperty; and {b} any such aGti�i�y shall be��nduc�ed �n complian�e with
<br /> all appfi�able federa�, s#ate, and Iocal laws, regula�ivns and ordinances, in�luding withvut limitation all
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