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Cilsono <br />0) <br />rn <br />Z <br />v <br />WHEN RECORDED MAIL TO: <br />PATHWAY BANK <br />/ CAIRO BRANCH <br />306 S HIGH ST <br />PO BOX 428 <br />CAIRO , NE 68824 <br />;:O <br />I 10 <br />CJ <br />Cr, <br />L: z•- <br />Cf)7 <br />TJ 1.{ <br />CZ <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $130,000.00. <br />THIS DEED OF TRUST is dated September 4, 2019, among Eric M Hostetler, Kimberly K <br />Hostetler; as Husband and Wife, Aron W Hostetler and Patricia A Hostetler; as Husband and <br />Wife ("Trustor"); PATHWAY BANK, whose address is CAIRO BRANCH, 306 S HIGH ST, PO <br />BOX 428, CAIRO , NE 68824 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Pathway Bank, whose address is 306 S High St, Cairo, NE 68824 (referred <br />to below as "Trustee"). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real <br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all <br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with <br />ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in Hall County, <br />State of Nebraska: <br />The East Half of the Northwest Quarter (E1/2NW1/4) of Section Twenty-two (22), <br />Township Twelve (12) North, Range Twelve (12) West of the 6th P.M., Hall County, <br />Nebraska, EXCEPT a certain tract of land described in Warranty Deed recorded in Deed <br />Book 81, Page 345, AND EXCEPT a certain tract more particularly described in <br />Conservator's Deed recorded as Document No. 95-105615 and Conservator's Deed of <br />Correction recorded as Document No. 200203907, AND EXCEPT a certain tract more <br />particularly described in Warranty Deed recorded as Document No. 95-105616 and Certain <br />Deed of Correction recorded as Document No. 200203906 <br />CROSS -COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving <br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the <br />Note. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and <br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor <br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all <br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of <br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br />Property shall be governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and <br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, <br />replacements, and maintenance necessary to preserve its value. <br />ON 1N3Wn .LSNI SV aR31N3 <br />