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WHEN RECORDED MAIL TO: <br />Bank of the West <br />520 Main Ave <br />Fargo, ND 58124 <br />C) <br />= < --t <br />cv <br />Cf3 -4 <br />r V —4 rTl <br />cp <br />• (1 - 7, <br />CD T z <br />".77) C - <br />• r <br />it <br />v; <br />FOR RECORDER'S USE ONLY <br />(C) DEED OF TRUST <br />THIS DEED OF TRUST is dated August 5, 2014, among MID - PLAINS CENTER FOR <br />BEHAVIORAL HEALTHCARE SERVICES, INC, whose address is 615 N ELM ST, GRAND <br />ISLAND, NE 68801 ( "Trustor "); BANK OF THE WEST, whose address is Grand Island #21341, <br />3301 W State St, Grand Island, NE 68803 (referred to below sometimes as "Lender" and <br />sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 3301 West State St, <br />Grand Island, NE 68803 (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 <br />County, State of Nebraska: <br />Lots Three (3), Four (4) and Five (5), Block Eleven (11), in the Original <br />Town, now City of Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as 615 N ELM ST, GRAND ISLAND, NE <br />68801. The Real Property tax identification number is 400000849. <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 govemed 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 />�2 <br />