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WHEN RECORDED MAIL TO:
<br />Exchange Bank
<br />Allen Drive Branch
<br />1204 Allen Dr
<br />PO Box 5793
<br />Grand Island, NE 68802
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<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated October 31, 2013, among Grand River Properties LLC; A
<br />Nebraska Limited Liability Company ( "Trustor "); Exchange Bank, whose address is Allen Drive
<br />Branch, 1204 Allen Dr, PO Box 5793, Grand Island, NE 68802 (referred to below sometimes
<br />as "Lender" and sometimes as "Beneficiary "); and Exchange Bank , whose address is PO Box
<br />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 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 o the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real P roperty ") located in Hall County,
<br />State of Nebraska:
<br />Lot Twelve (12) and the South Twenty feet (20') of Lot Thirteen (13) in Buhrman's
<br />Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska, being a part of
<br />Lot Four (4) in Island Acres, being a Subdivision of part of the West Half of the Southwest
<br />Quarter (W1/2 SW 1 /4) of Section Eight (8), Township Eleven (11) North, Range Nine (9);
<br />A and part of Fractional Lot Two (2) of Section Seven (7), Township Eleven (11) North, Range
<br />Nine (9) West of the 6th P.M., in Hall County, Nebraska, more particularly described as
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<br />follows: Beginning at a point One Hundred feet (100') North of the Southwest Corner of
<br />�j rn Lot Four (4), Island Acres Subdivision; thence Northerly along and upon the Westerly line of
<br />Op .,♦ Lot Four (4) a distance of Eight feet (80'); thence Easterly and parallel to the Southerly line
<br />mai of said Lot Four (4) a distance of One Hundred Fifty feet (150'); thence Southerly and
<br />en parallel to the Westerly line of Lot Four (4) a distance of Eighty feet (80'); thence Westerly
<br />parallel to the Southerly line of said Lot Four (4) a distance of One Hundred Fifty feet (150')
<br />>p to the point of beginning.
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<br />C') The Real Property or its address is commonly known as 1311 N Piper, Grand Island, NE
<br />rrf 68803. The Real Property tax identification number is 400028735.
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<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 />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:
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