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<br />WH�N RECORQED MAIL TO:
<br />CORNERSTONEBANK
<br />Grand Islend Main Facility � �. ��
<br />840 North Oiers Avenue
<br />n Islan NE 68803 � F R ECORDER'S USE ONLY
<br />DEED O� TRUST
<br />Compliance With Environmantal Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has been no use, genaration, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous 5ubstance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason tp believe
<br />that there has been, excep[ as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation pf any
<br />Envlrnnmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of eny
<br />Hazardous Substance on, under, about or from the Prpperty by any prior owners or occupents of the Property, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relating ta such matters; and (3) Except as previpusly disclosed to and
<br />acknowledged by Lendar in writing, (a) neither Trustor nor any tanant, contractor, agent or other authprizad user of the Property
<br />shall usa, generate, manufacture, store, treat, dispose of or re�ease any Hazardous Substance on, under, about or from the Property;
<br />and (6) any such activity shall be conducted in compliance with all applicable federal, state, and Iocal laws, regulations and
<br />ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and its agents tp enter upon the Property
<br />- to make such and tests, at Trustor's expensa, as Lender may deem �ppropriate ta determine compiiance of the I'roperty
<br />with this section of the peed of Trust. Any inspections pr #esis made by Lender shall be for Lender's purposes only and shall not be
<br />construed to create any responsibility or liability on the part of Lender to Trustor or to any other person. The representations and
<br />warranties contained herein are 6ased on Trustor's due diligence in investigating the Property for Hazardous Su�stances. Trustor
<br />hereby �1) relaases and waives any future claims against Lender for indemnity or contribution in the event Trustor becomes liable for
<br />cleanup or other costs under any such laws; and (2) agrees to indemnify, defend, and hold harmless Lender against any and all
<br />claims, losses, liabilities, damagss, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a
<br />breach of this section of the Deed of Trust or as a consequence of any use, ganeration, manufacture, storage, disposal, release or
<br />threatened release occurring prior to Trustor's ownership or interest in the Prqpsrty, whether or not the same was pr should have
<br />been knnwn to 7rustor. The provisions of this ssc#ion of the Deed of Trust, including the obligation to indemnify and defend, shall
<br />survive the payment of the Indebtedness and the satisfaction and reconveyance of the lien of this Desd of 7rust and shall not be
<br />affected by Lender's acquisition of any interest in the Property, whether by foreclosure or otherwise.
<br />Nuisance, Waste, Trustor shall not cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of or waste on
<br />or to the Property or any portion of the Property. Without limiting the ganerality of the foregoing, Trustor will not remove, or grant to
<br />any other party the right to remove, any timber, minerals (including oil and gas), coal, clay, scoria, soil, gravel or rock products
<br />� without Lendar's prior written consent.
<br />Removal of Impravements. Trustor shall not demolish ar remove any Improvements from the Real Property without Lender's prior
<br />written consent. As a condition to the removal of any Improvaments, Lender may require Trustor to meka arrangements satisfactory
<br />to Lender to replace such Improvements with Improvements of at feast equal value.
<br />THIS DEED OF TRUST is dated November 12, 2010, amdng Lonnie L Loy and Christi R Loy; Husband and Wife
<br />("Trustor"1; CORNERSTONE BANK, whose address is Grand Island Main Facility, $40 North �iers Avenue,
<br />Grand Island, NE 6$8Q3 (referred to below sometimes ss "Lender" and sometimes as "Beneficiary"►; and
<br />CORNERSTONE BANK, whose address is 529 LINCQLN AV�NUE, YORK, NE 68467 lreferred to below as
<br />"Trustee" ).
<br />CONVEYANCE AND GRANT. For valuable considerstian, Trustar conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Truator's right, title, and interest in and ta the following described real property, together with all existing or
<br />subsequently erected or affixed 6uildings, improvements and fixtures; ell easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights►; and all other rights, royalties, and profits relating to #he real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, �thB �� Real Property IOCet9Ll in Hati
<br />County, State of Nebraska:
<br />Lots One (1) and 7wo (2) and Three (31, in Block Qne ( 9) Sixth Addition to the Village af Cairo, Hall
<br />County, Nebraska
<br />The Real Property or its sddress is cammonly known as 3DB Sycamore St, Cairo, NE 68824-2017.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed nf Tru�t) all of Trustor's right, title, and interest in and to sll
<br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />THIS DEED QF 7RUST, INCLUDING THE AS5IGNMENT pF REN7S AND THE SECURITY INTEREST IN THE RENYS AND PER50NAL
<br />PROPERTY, IS GIVEN TO SECUFi� (A) PAYMENT OF THE IND�BTEpNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NpTE, THE FiELA7Ep DOCl1MENT5, AND THIS DEED QF TFtUS7. 7HIS DEED OF TRUST IS GIVEN AND ACC�PTED ON THE
<br />FbLLOWING T�RMS:
<br />PAYMENT AND PERFORMANCE. �xcept as otherwise provided in this beed of Trust, Trustor shall pay to Lendar all amounts secured 6y
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and tha Related Documents.
<br />Pp55ESS1�N AND MAINTENANCE OF THE PROPERTY. 7rustor agrees that Trustor's possession and use of the Property shall be
<br />gnverned by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control af the Property;
<br />(2) usa, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacaments, and
<br />maintenanca necessary to preserve its value.
<br />Lender's Right to Enter. Lender and Lender's agents and representatives may enter upon the Real Property at all reasonable times to
<br />attend to Lender's interests and to inspect the Real Property for purposes pf Trustor's compliance with the terms and conditions of
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