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<br />WHEN RECORDED MAIL TO:
<br />Exchange Bank
<br />Allen Drive Branch
<br />1204 Allen Dr
<br />PO Box 5793
<br />Grand Island NE B8802 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated April 25, 2012, among ENCINGER ENTERPRISES, L.L.C., whose
<br />address is 1915 S ARTHUR, GRAND ISLAND, NE 68803 ("Trustor"); Exchange B�nk, whose
<br />address is Allen Drive Branch, 1204 Allen Dr, PO Box 5793, Grand Island, NE 68802 (referred
<br />to below sometimes as "Lender" and sometimes as "Beneficiary"); and Exchange Bank ,
<br />whose address is PO Box 5793, Grand Island, NE 68802 (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 Beneflciary, all of Trustor's 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 fiutures; all
<br />easements, rights of way, and appurtenances; ail 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 Properiy") loceted in HALL
<br />County, State of Nebraska:
<br />PART OF BLOCK FOURTEEN (14), PLEASANT HOME SUBDIVISION OF PART OF THE EAST
<br />HALF OF THE SOUTHEAST O,UARTER (E1/2SE1/4) OF SECTION TWENTY ONE (211, IN
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., IN HALL
<br />COUNTY. NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT
<br />A POINT 82 FEET SOUTH OF THE NORTHEAST CORNER OF SAID BLOCK FOURTEEN (141,
<br />PLEASANT HOME SUBDIVISION, THENCE SOUTH ALONG AND UPON THE EAST LINE OF
<br />SAID BLOCK FOURTEEN (14), 83 FEET; THENCE WEST AT RIGHT ANGLES AND
<br />PARALLEL WITH THE NORTH LINE OF SAID BLOCK, 132 FEET; THENCE NORTH AT RIGHT
<br />ANGLES AND PARALLEL WITH THE EAST LINE OF SAID BLOCK, 83 FEET; THENCE EAST
<br />AT RIGHT ANGLES AND PARALLEL WITH THE NORTH LINE OF SAID BLOCK, 132 FEET
<br />TO THE PLACE OF BEGINNING, SAID TRACT BEING A RECTANGULAR PIECE OF GROUND
<br />83 FEET BY 132 FEET.
<br />The Real Property or its address is commonly known as 1512 S LINCOLN, GRAND ISLAND, NE
<br />68801. The Reai Property tax identification number is 400078767.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of Trustor 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 or undetermined,
<br />ebsolute or contingent, liquidated or unliquidated, whether Trustor mey be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable.
<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 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 />emounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform ell of
<br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) 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 condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
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