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<br /> WNEN RECORDED MAIL TO:
<br /> Equitable Banlc �
<br /> North Locust Branch .
<br /> 173-1'Ib N Locust St � �
<br /> PO Box 160
<br /> Grand Island,hUE 68802-0160 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is dated January 3, 2U12, among W1NG PROPERTIES INC, whose
<br /> address is 120 E 3RD ST, GRAND ISLAND, NE 68$07;-A Nebrask� Corpora#ion ("Trustor");
<br /> Equitable Bank, whose address is North Locust 6ranch, 193-115 N Locust St, PO Box 760,
<br /> Grand Island, NE 68802-0160 (referred to below sometimes as "Lender" and sometimes as
<br /> "$eneficiary"); and Equitable Bank iGrand Island RegionL whose address is 173-315 N iocust
<br /> St; PO 8ox 'l60, Grand lsland, IVE 68802-0160 (referred 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 subseque�tly erectee 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"� locafed in HALL
<br /> County,State of NebrasCca:
<br /> THE EAST�RLY ONE-Th'IRD (1/3), OF LOT SEVEN i�), LOT EiGHT (8), AND TNE
<br /> WcSTERLY ONE-TFI9RD (1/3} OF LOT ONE (1), ALL IN BLOCK FIFTY-FOLDR (54} IN THE
<br /> ORIGINAL TOWN , NOW CITY QF GRAND ISLAND, HALL COC9NTY, 1�7EBRASKA MORE
<br /> PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMEIV i NO.
<br /> 200316568
<br /> The Real Properfy or its address is cornmonly Imown as '120-122 E 3RD ST, GRAND ISLAND,
<br /> NE 68801. The Real Property tax identification number is 400004275 &400004135.
<br /> CROSS-COLLATERALIZATION. In atldition to the Note,this Deed of Trust secures all obligations,debts a.nd liatiilities,
<br /> plus interest thereon,of I rustor 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 o�r undetermined,
<br /> absolute or contingen[, liquidated or unliquidated, whether Trustor may 6e liable individually or jointly with others,
<br /> whether obligated as guarantor,surety,accommodation party or otherwise, and whetner recovery upon such amounts
<br /> � may be or hereafter may become barred by any statute of limitationa,and whether the obligation to repay such amoums
<br /> may be or hereafter may become otherwise unenforceatife. � �
<br /> REVOLVlNG LINE OF CREDIT. This Deed of Trusf secures the tndehtedness including,without limitation,a revofving
<br /> line of credit,which obtigates Lender to make advances to Trustor so long as Trustor complies with al1 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 ReMS.
<br /> THIS DEED OF TRUST,INCLUDING THE ASSIGNNlENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY,IS GIVEN TO SECURE (A] PqYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OP
<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 RiVD PE62FORMANCE. Except as otherwise provided in this Deed of TruSt,Trustor sha11 pay to Lender all
<br /> amounts secured 6y tfiis Deed of Trust as they 6ecome due, and shall strictly and in a timely manner perfo�m all of
<br /> Trustor's obligations under the Note,tliis Deed of Trust,and the Related Documents. �
<br /> POSSESSION AND MAINTENANCE OP THE PROPERTY. Trustor ag�ees that Trustor's possession and use of the
<br /> Property shall be governed by the following provisions:
<br /> Possession and Use. Untilthe occurrence of an Event of DefaulL Trustor may (7) 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 conditi.on and prompYly perform alf repairs,
<br /> replacements,and maintenance necessary to preserve its value.
<br /> Compliance With Environmental Laws. Trustol'represents and warrants to Lender that: (1) During the period of
<br /> Trustor's ownership of the Property,there has'tieen no use,geoeration,.manufacture,storage,treatment,disposal,
<br /> release or threatened release of any Hazardous Substance by any person ory under, about orfrom the Property;
<br /> (2) Trustor has no kno�vledge of,or reason to believe tha;there has been,except as previously disclosed to and�
<br /> acknowledged by Lender in writing, (a) any breach or violati.on of any Environrrental Laws, (b) any use,
<br />
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