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WHEN RECORDED MAIL TO: <br />Platte Valley State Bank & Trust Company <br />1/N� 2223 2nd Ave <br />VVVV Kearney, NE 68848 <br />r ;u <br />cn <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated October 22, 2013, among JBWS Property Group, L.L.C., whose <br />address is 1007 W 2nd Avenue, Grand Island, NE 68801 -5821; a Nebraska Limited Liability <br />Company ( "Trustor "); Platte Valley State Bank & Trust Company, whose address is 2223 2nd <br />Ave, Kearney, NE 68848 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and Platte Valley State Bank & Trust Company, whose address is PO Box 430, <br />Kearney, NE 68848 -0430 (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 Beneficiary, 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 fixtures; all <br />easements, rights of way, and appurtenances; all 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 Property ") located in Hall County, <br />State of Nebraska: <br />A tract of land located in Fractional Lot One (1), in Fractional Block One Hundred Twenty <br />(120), in Railroad Addition to the City of Grand Island, Hall County, Nebraska and its <br />complement, to -wit: Fractional Lot One (1), in Fractional Block Twenty (20), . in Arnold and <br />Abbott's Addition to the City of Grand Island, Hall County, Nebraska described as follows: <br />Beginning at the Southwest corner of said lots; thence northeasterly a distance of 55.00 <br />feet along the south line of said Lots; thence northwesterly deflecting 90° 00' 00" left, a <br />distance of 85.00 feet; thence westerly deflecting 45° 00' 00" left, a distance of 56.67 <br />feet; thence southwesterly deflection 40 00' 00 ", left a distance of 15.00 feet to a point <br />on the west line of said lots; thence southeasterly deflecting 90 00' 00" left, a distance of <br />125.00 feet along the west line of said lots to the point of beginning AND <br />Fractional Lot Two (2), in Fractional Block One Hundred Twenty (120), in Railroad Addition <br />and its complement to wit: Fractional Lot Two (2), in Fractional Block Twenty (20), in <br />Arnold and Abbot's Addition, both being additions to the City of Grand Island, Hall County, <br />Nebraska EXCEPTING a tract more particularly described in Warranty Deed recorded as <br />Document No. 200607314 <br />The Real Property or its address is commonly known as 1007 W 2nd Street, Grand Island, NE <br />68801 -5821. <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 />absolute or contingent, liquidated or unliquidated, whether Trustor may 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 />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor <br />whether or not the 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, all future 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 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 />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of <br />