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MST 2023 0 0 2 1 2
<br />WHEN RECORDED AIL TO:
<br />Heritage Bank �/
<br />Grand Island
<br />1333 N Webb Rd
<br />Grand Island. NE 68803
<br />CASH
<br />CHECK ~10 °O
<br />REFUNDS:
<br />CASH
<br />CHECK
<br />RECORDED
<br />HALLO,., !;'( NE
<br />2023 .A1,1 j 11. 12
<br />\dte S
<br />'REGISTER (
<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 $UNLIMITED.
<br />THIS DEED OF TRUST is dated December 6, 2022, among Jack A. Luth, Trustee on behalf of
<br />JACK A LUTH LIVING REVOCABLE TRUST, and Janice A. Luth, Trustee of JANICE A LUTH
<br />LIVING REVOCABLE TRUST whose address is 2016 N HOWARD AV, GRAND ISLAND, NE
<br />688031947; ("Trustor"); Heritage Bank, whose address is Grand Island, 1333 N Webb Rd,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Heritage Bank, whose address is PO Box 329, Aurora, NE 68818 (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 Trustors 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 />Lot Three (3), Block Three (3), Le Heights Second Subdivision, City of Grand Island, Hall
<br />County, Nebraska
<br />The Real Property or its address is commonly known as 2313 Stardust Ln., Grand Island, NE.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneficiary In this Deed of Trust) all of Trustors 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
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