|
. . . �/'a.. ' lutfi":: :��
<br /> a'�S� 1�" t'iT •�1' .i,..._. .--.;._..s.[,:zi'c, ".—'�.—._ ..."____
<br /> fr: . ____ �.... ------
<br /> , _ ._...�....�....r.� " —_'___'
<br /> ___ _...._,"__,_ �"__-- _
<br /> -- —__ _
<br /> • _'_'._'."__—_."...c.rlaaTa*x '�AY�NA/NAMe.�._. _' -,...r....w�.n��.�.—___:
<br /> —' —_— _�::i4. '�is.� "Tll ST'.�w=� -.�__
<br /> � � 98-� s����
<br /> WHEREAS, Joseph L. Panella� Shf�ley PaRella, John L. Pa�rrella and L�igh
<br /> Panella(the"Guarantors"), in onler to induce Bene�iciary to make the Loan requested
<br /> by Borrower� have agreeb to guarantee the repayment of the Loan and the
<br /> performance by Borrower of all temns under this Indenture and all other Loan
<br /> documents evidencing or securing this Lo�n.
<br /> . 1!�lG'Ol�l��, TiH:�R�.F�4�F, f.e�r.r.e G/�,p f.he���,rr,t�ttt �o-f t,i't� �rcfn��aG of., an�r6 fit�e�rest
<br /> au�n�i�rr�mi:�;trrr� if a�rt}�� �rr: t,�a�c��i� P'mr.rri asa� f�cike i.n� tJ�s �arr�i�ll am�cwt�rt� o# �te
<br /> M61�'ior► Seven� Pfurrdnsr� Nli�,e TFrcw�.�rrd! �r,rc� Q�l'f 4J� �Ilar� �$1,709,0�14.0�}� Qff erren
<br /> d�M herewit�t�� exc��wAed �� the Borrr',r►�er and' {ua�ta�f'� i:Q i�enenciary, ii�e �r�nwi�al
<br /> ' b�lanae of act��c�ct�d in�e�rest on which is dcue��cx befi�July 1, 2018 (the"1�c�fma'�.,.
<br /> and ar.�r ext�er.nsi,an, �fi�r�rtnr�s, ren�n►al or m�a�rnortizatien of such Nc�te an��; t��t��, . ,
<br /> incx�ase or;a�ili�ther�cr�. �B� the pertormance o$4�ie cavenanta herein cantairae�.�.,a� '.,...., �.
<br />" any�s eac�r�n�d tr�r 1�B�e�ef.ndary in conne�tion therewid�, {C) the perfom!+�,�n��
<br />• of any and al� �r��ren�rts af, tf�r.� Borrower under any other Loa�i Docun�i�e��a�
<br /> s ag�eements or instrumer.�1�. b�tween the 8orrowe� and the Ren�#iciary given in
<br /> , con►�tion with or related to this Deed of Trust or thb Note, inciuc��ng fiitaar,e �dvances
<br /> � msde to the Borrower, wheth►er obli��tory ar made at the sale d�sc;r�tlon of the
<br /> �neficlary, �nd (D)the payment of any and all indebtedness and cblig�tians ana �e
<br /> - - perKorma�nee of any and all covenants af Borrower under any ot�er ba�n��greement�
<br /> ' .� any other Instrument or dacu,mnent evid�ncing indebtedness owed ;�y 'Bo�� to
<br /> � Ber�eftciary, now or hereafter exiating� direct or indirect, absolute or cor�tingent, joint
<br /> � ancUor several, secured or �nsecured, arising by operaHon of law or otherwisa', and
<br /> � � whisd�e�incumed by 8arroweras principai, surety,endorser,guarentor. acoomritiod�tion
<br /> , pa�ty or othen�rlse inciuding„ specifically but without Ilmitetion, any indob�ciru�.�owed �
<br /> under any wholese�te inventory or capital loan financing provided th�t� 's►�rh��dc�itionel
<br /> � indebtedness may be secured by thls Deed of Twst under the state I�ws.aii t�eb��ska
<br /> � (el! of the aforesaid indebtedness and obligations of the Borrawer i�ein�'�tiorei�aiafter
<br /> ';' c�11ad th� "Indebtedness", and all of th� documerits, agreements �ind� inaM�ment�
<br /> ���� bertw�ean the 8orrower and the BeneBciary evidencing or securing ths fepayment af� or
<br /> �� otherwise pe�taining to. the Indebtedness, including the Nobe� bein� heroinaiber
<br /> �.t . coilectively called the "Loan Docum�nts"), the Bomower, in considerAtion �fi the
<br /> ' �� Indebtedness and the trust re(erred to,�ind created below, and�ethe�good and vaivable
<br /> �'� consideration to the Borrower pa'�d I�y the Beneficiary, the receipt and suNicfency of �
<br />! ". wfiich are hereby adcnowle�ged,�ive5 h�reby grant, bargain, sell, conve�and aaMirm
<br /> ���.
<br /> � un3o the Tnastee a�d ifis successors i�, trust far !he benefR ofi the BenetiMdary., �fhe
<br /> ` following propertgv �nd �igtats (coliectivety, the "Prope� nuw owned or l�eid ar
<br /> ; hereaRer acquired by the Boriower.
<br /> " (1) the pan:el of land located in the City of Grand Island, County of H�II; �tate
<br /> � of Nebraska(the"State"), cammonly knuwn as 18Q3 and 1903 S. l.c�aust,
<br /> ' . Grand Island, Nebraska, more particularly described In Exhfbit A attached
<br /> ' , h�reto ar,�dl i��r�•�carated herein by r�f�cence(the"Lar�d"); • ,
<br /> ' ,� . ..
<br /> 2
<br /> ,,:�:..._��-_
<br /> - - -_--- -,.:;.�.-
<br />
|