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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 960
<br /> Grand Island.NE 68802-0960 FOR RECORDER'S U�SE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF "i'EiUST is dated .July 31, 2072, among LONGLEAF LLC, whose address is 3032
<br /> 1NEST STOLLEY PARIC RD SUITE E, GEiAND ISLAND, NE 68807; A Nebraska Limited Liability
<br /> Company ("Trustor"); Equitable Bank, whose address is Diers Avenue Branc9�, PO Box 760,
<br /> Grand Island, 1VE 68802-0'160 (referred to below sometemes as "Lereder" and sometimes as
<br /> "Seneficiary"); and Equitable Bank iGrand Islanci Region), whose address is 173-115 N Locust
<br /> St, PO �ox 160, Grand Island, NE 6SS02-0760 (referred to below as "Trustee")_
<br /> CONVEVANCE 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 tne following described real
<br /> property, together with all existing or subsequently erected or affixed buildings, �improvernents and fixtures; all
<br /> easernents, rights of way, and. appurten:ances; all water, water rignts and ditch rights (ineluding stocic in utiliYies with
<br /> d.itch or irrigation rights);. and all other rights, royalties, and profiits relating to the real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the "Real PYOperty") located ir� 1-IALL
<br /> County, State of Nebraska:
<br /> LOT OIVE ('1), BLOCK EIGHT (8), REPLAT, CONTINENTAL GAfiDENS, AN ADDITION "TO
<br /> THE CITY OF GRAND ISLAND, FiALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 3033 W CAPITAL AVE, GRAND
<br /> ISLAND, NE 68801. The Real Property tax identification number is 400038935_
<br /> CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabifities,
<br /> plus interest thereon, of Trustor to Lender, or any one or more of them, as well as a❑ da�ims by Lender against Trustor
<br /> or any one or more ofi them, whether now existing or hereafter arising, whether related or unrelaied to the purpose of
<br /> the Note, whether voluntary or otnerwise, whether due or not due, direct or indirect, determined or undetermined,
<br /> absolute or contingent, fiquidated or unliquidated, whether Trustor may be liable individuaily or jointly with others,
<br /> whether obligated as guarantor, sureYy, accommodation party or otherwise, and whether recovery upon such amounts
<br /> may be or hereafter may become barred by any statute of li�mitations, and whether ihe obligatio�n to repay such amounts
<br /> may be or hereafter may become otherwise unenforceable.
<br /> FUTURE ADVANCES. ln addition to the Note,this Deed ofi Trust secures all future advances made by Lender to Trustor
<br /> whether or not Yhe advances are made pursuant to a. commitment. Specifically, without limitation,. this Deed of Trust
<br /> secures, in addition to the amounts specified in the Note, al[ fuwre amounts Lender in its discretion may loan to
<br /> Trustor,together with all interest thereon. �
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of TrusU all ofi Trustor's right, title, and
<br /> interest in and to all present and� future leases ofi the Property and all Rents from the Property_ In add�.ition, Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in the Personal Property and Ren'[s.
<br /> YHIS DEED OF TRUST, 111lCLUDWG THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST 111!THE RENTS AND
<br /> PERSONAL PROPEFtTY, IS GNEN TO SECURE (A) PAVMEIVT OF THE INDEBTEQNESS AND (B) PERFORMA.NCE OF
<br /> RNY AND ALL OBLIGATIONS UNDER TFiE NOTE, THE RELATED DOCLJMENTS, AND THIS DEED OF TRUST. THIS
<br /> DEED OF TRU�ST IS GIVEN AND ACCEPTEQ ON THE FOLLOWING TEF2MS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and. shall strictly and in a timely manner perform alf of
<br /> Trustor's obligations under the Note,this Deed of Trust, and the Related Documenfs.
<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 Maintaira_ Trustor shall maintain the Property in tenantable condition and promptly perform afl repairs,
<br /> replacements, and maSntenance necessary to preserve its value�
<br /> Compliance With Environmenta! Laws. Trustor represents and warrants to Lender that (1) During the period of
<br /> Trusto�r's ownership ofi the Property,ihere has been no use, generation, manufacture,storage, treatment, disposal,
<br /> release or threatened release of any Hazardous Substance by any person. on, under, about or from the Property;
<br /> (2) Trustor has no knowiedge ofi, or reason to believe that there has been, except as previously disclosed to and
<br /> acknowledged by Lender in wriYing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br /> generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br /> on, under, about or from the Property by any prior owners or occupants of the Property, or (c? any actual or
<br /> threatened I.itigation or claims of any kind by any person relating to such matters; and (3) Except as previously
<br /> dfsclosed to and acknowledged by Lender in writing, (a) neithe:r Trustor nor any tenant, contractor, agent or other
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