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Improvements. The word "Improvements" means all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real
<br />Property.
<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 July 31, 2013, in the original principal amount
<br />of $78,000.00 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 PO Box 5793, Grand Island, NE 68802
<br />and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means GRAND RIVER PROPERTIES LLC.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />GRAND RIVER PROPERTIES LLC
<br />By:
<br />/W ed_
<br />DEED OF TRUST
<br />Davi . W herilt, Member GRAND RIVER PROPERTIES LLC
<br />CORPORATE ACKNOWLEDGMENT
<br />STATE OF
<br />COUNTY OF
<br />On this 21 day of 20 f3 before me, the undersigned
<br />Notary Public, personally appeared David J. Weth ilt, Member of GRAND RIVER PROPERTIES LLC, and known to me to
<br />be an authorized agent of the corporation that executed the Deed of Trust and acknowledged the Deed of Trust to be
<br />the free and voluntary act and deed of the corporation, by authority of its Bylaws or by resolution of its board of
<br />directors, for the uses and purposes therein mentioned, and on oath stated that e or she i 4 authorized to execute this
<br />Deed of Trust and in fact executed the Deed of Trust on behalf of the corporat'
<br />I
<br />201306219
<br />(Continued) Page 8
<br />1 SS
<br />By
<br />Printed Nam
<br />Notary Publi n and for ' State of NE
<br />Residing at
<br />My commission expires 11114.1 2) apt f
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