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201305079
<br />DEED OF TRUST
<br />(Continued) Page 8
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's
<br />obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances
<br />provision, together with all interest thereon and all amounts that may be indirectly secured by the
<br />Cross- Collateralization provision of this Deed of Trust.
<br />Lender. The word "Lender" means Exchange Bank, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated June 24, 2013, in the original principal amount
<br />of $ 175,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement. NOTICE TO TRUSTOR:
<br />THE NOTE CONTAINS A VARIABLE INTEREST RATE.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal
<br />property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property;
<br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such
<br />property; and together with all proceeds (including without limitation all insurance proceeds and refunds of
<br />premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and
<br />other benefits derived from the Property.
<br />Trustee. The word "Trustee" means Exchange Bank, whose address is POB 760, Gibbon, NE 68840 and any
<br />substitute or successor trustees.
<br />Trustor. The word "Trustor" means LBE Family Limited Partnership.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />LBE FAMILY LIMITED PARTNERS
<br />Lonn = D Davis, eneral P 'tnef o BE
<br />STATE OF ,v En"^'1 ✓r
<br />COUNTY OF I LA—
<br />PARTNERSHIP ACKNOWLEDGMENT
<br />On this L q day of - ' , 20 / 3 , before me, the undersigned
<br />Notary Public, personally appeared Lonnie D Davis, General Partner of LBE Family Limited Partnership, and known to me
<br />to be partner or designated agent of the partnership that executed the Deed of Trust and acknowledged the Deed of
<br />Trust to be the free and voluntary act and deed of the partnership, by authority of statute or its Partnership Agreement,
<br />for the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this De of
<br />Trust and in fact executed the Deed of Trust on behalf of the partnership.
<br />B c.
<br />Printed Name: lte•tC_- _� 1/✓ 7 C- 61) I&
<br />Notary Public in and for the State of /V bt •
<br />Residing at wOD . G /L
<br />My commission expires - / / 7
<br />GENERAL. NOTARY - State of Nebraska
<br />PATRICK J. M0GUIRE
<br />My Comm. ExP. Salt. 26,2014
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