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<br />WHEN RECORDED MAIL TO:
<br />f3REA7 WESTERN BANK
<br />Grand Island - Webb Rd
<br />700 N Webb Rd
<br />Grand Island NE 68803 FOR REC�RDER'S USE ONLY
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<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of 7rust shall not exceed at any one time $50,000.00.
<br />THIS D�ED OF TRUS7 is dated October 8, 2010, amang Gordon L O'Neill AKA Gordon O'Neill and Colleen K
<br />O'Neill AKA Colleen 0'Neill Husband and Wife ("Trus#or"); GR�AT WESTERN BANK, whose addrass is Grand
<br />Island - Webb Rd, 70p N Webb Rd, Grand Island, NE 68$03 (referred to below sometimes as "Lender" and
<br />somatimes as "Beneficiary"1; and GREAT WESTERN BANK, whose address is PO BOX 407'0, OMAHA, NE
<br />689Q4-0070 (referred to below as "7rustee"1.
<br />CqNVEYANCE AND GRANT. For valuabte consideration, Trustor canvays to Trustee in trust, WITH POWER OF SALE, for the benafit of
<br />Lender as Beneficiary, all of Trustpr's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, imprvvaments and fixtures; all easements, rights of way, and appurtenances; all water, watar
<br />rights and ditch rights (including stock in utilities with ditch pr irrigation rightsl; and all other rights, royalties, and profits relating to the real
<br />property, including without limitativn all minerals, oil, gas, gepthermal and similar matters, (the "Re�l Prqp9rty loCated in Mall
<br />Caunty, State of Nebraska:
<br />#62 Kuester Lake: I.ot Seven (7►, situated on the East side of the West par#ion of Kuester Lake and being
<br />on a p�rt of the East Malf of the Southwest Quarter (E 1/2SW 1/4) in Section Thirteen (13►, Township Eleven
<br />(11) Narth, Range Nine (9) west of the Gth P.M., in Mall County, Nebraska.
<br />2416 W. Cottage: The Easterly Half (E1/2) of Lat Eighteen ('18) and the Easterly Half (��/�) of the South
<br />Twenty �ive (26) Feet of Lot Sixtaen (1G), Block Seven (7►, Cpllega Addition to West Lawn in the City of
<br />Grand Island, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as #62 Kuester Laka & 241 fi West Cottage , Grand
<br />Island, NE.
<br />CROSS-COLLATERALIZATI�N. In addition to the Note, this Deed of Trust secures all obligatipns, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one ar more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or ptherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute qr cpntingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereatter may becoma otherwise unenforceable. If the Lender is required to give notice of the right to cancel
<br />under Truth in Lending in connection with any additiqnal loans, extensions ot credit and pther liabilitias or obligations of Trustor to Lender,
<br />then this Deed of Trust shall not secure additional loans pr pbligations unless and until such notice is givan.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the
<br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon.
<br />Trustar presently assigns to Lender (also known as Beneficiary in this Desd pf Trust) all of Trustor's right, title, and interest in and to all
<br />present and future laases of the Property and all Rents frpm the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING TH6 ASSIGNMENT QF R�N75 AND THE SECURITY INTEREST IN THE REN75 AND PERSONAL
<br />PROPERTY, IS GIVEN TQ SECURE (A) PAYMENT OF THE INDEBTEbN�SS AND (6) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNpER THE NOTE, THE RELATED DOCUMENTS, AND TH15 DEED OF TRUST. THIS D��D OF TRUST IS GIVEN AND ACCEPTED qN TH�
<br />FOLLOWING TEFtMS:
<br />PAYMENT AND PERFpRMANCE. �xcept as otherwise prpvidad in this Deed of Trust, Trustor shall pay ta Lendar all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's o6ligations under the Note, this
<br />Deed af Trust, and the Related Documents.
<br />PQSSESSION AND MAINTENANCE QF THE PRbPERTY. Trustor agress that Trustor's possession and use of the Prpparty shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />(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 tanantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) puring the period of Trustor's ownership
<br />of the Property, there has been no use, generatipn, manufacture, storage, treatment, disposal, releasa or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Proparty; (2) Trustor has no knowledge of, or reaspn to belisve
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmantal Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
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