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<br /> '`IVHEN RECC]RDED NiA1L T�:
<br /> Exchange Bank
<br /> GI W Alten Drive Branch
<br /> '12�4 Allen Dr
<br /> P� Box 5793
<br /> G�and Island, NE 688�Z FUR REC�RDER'S USE�NLY
<br /> DEED �F TRUST
<br /> THIS DEED �F TRUST is dated June �, ��'I�, among NflRTHVIIEST CR[]SS�IVCS LtMtTE❑
<br /> LIABILITY C�MPANY; A Nebraska Limited Liability ��mpany �'rTrustvr"�; Exchange Bank.
<br /> whose address is G! - Allen Dri�e Branch, 'I��4 A��en Qr, PD Bax 5793. Grand island, NE
<br /> 688�� ��referr�ed to below sflmetimes as "Lender" and sometimes as "Benef�c�ary"�; and
<br /> Ex�hange Bank, ►nrhase address is P�B 7��, Gibbon, NE �8�4C7 �referred tv below as
<br /> "Tru�tee"�.
<br /> C�NVEYANCE AND �RANT. For vafuabfe considera#i�n. Trus#or conWeys to Trustee in trust. WITH P�WER �F SALE.
<br /> fvr the benefit vf Lender as Benefi�iary. all �f Trustar's right, ti�le, and interest in and to �the following described real
<br /> property, tog�ther with al! existing or subsequ�ntiy er�cted ❑r affixed buildings, impro�ements and �ixtures; all
<br /> easemen�s, rights ofi way, and appurtenances; all wat�r, v►ra�er rights and dit�h rights �including stock in utilities with
<br /> ditch or �rrigat�on r�ghts�; and all o�her rights, roya�ties, and prvfits relating t❑ the real property, including without
<br /> limitation all minera�s, oii, gas, g��th�rmal and similar matters, �the '*Real Proper#y"� locat�d in Half �ounty,
<br /> State of Neb�aska:
<br /> Lot Tr►ve�ve t"I 2�, Cammerciai Industrial Park Subdivision of Part �f Bla�k Une 4'[�. Nelson
<br /> Subdirris�vn, Ha�[ ��unty, Nebraska
<br /> Th� Real Property or its addres� i� commonly known as �g�8 W U5 Hwy 3�, Grand island, NE
<br /> 6�SU'I. The Real Praperty tax identificati�rn number is 4D��3�C57.
<br /> �R�SS-C�LLATERALiZAT��N. In addi�ion ta the Nate, this ❑eed af Trust secures ai� obligations, deb�s and lia�ilities,
<br /> plus interest ther�on, �f Trustvr�a Lender, or any one or mo�� af them, as uvel� as a�l claims by Lender against Trustvr
<br /> or any one ❑r mare of them, whether no►rv existing or hereafiter arising, whethe� related vr unrelated tv the purpase of
<br /> the Nate, whether �oluntary or �therwise, whether due vr nvt du�, direct vr indirect, determined or undetermined,
<br /> absvlute vr contingent, iiquidated ar unliquidated, whether Trustor may be fiable ind+�idually or jointly ►�i�h athers,
<br /> whether obfigated as guarantvr, surety, accommodatian party or �therwise, and whether recavery upon such amaun�s
<br /> may be ar herea�ter may became barred by any statute vf limitati�ns, and whether the abligatian to repay su�h amoun�s
<br /> may t�e or h�rea�ter may �ecome atherwise unenfar�eat�l�.
<br /> FUTURE ADVANCES. I n add'rt'ron to the Note, this 1�eed ofi Trust secures all future ad�ances made by Lender�❑Trustor
<br /> whether or nat �he ad�ances are made pursuant t� a cammitmen�. Specifically, wi�haut limita�ivn, this Deed af Trust
<br /> secures, in additi�n t� �he amvunts specifi�d in the Note, all �uture amflunts Lender in its dis�retion rr�ay I�an tv
<br /> T�ustar, tageth�r with all interest thereon.
<br /> Trust�r pres�n�fy assigns ta Lender �afsa knawn as E3ene#iciary in �his Deed of Trust� all of Trustor's righ�, title, and
<br /> interes� in and �k� a1i pr�sent and �Future leases v� the Prop�r�y and all Rents from th� Property. In additian, Trustar
<br /> grants�o �ender a lJni#orm Commercial Code security interest in the Personal Praperty and Rents.
<br /> THiS DEED �F TRUST. IN�LUi]1NG THE ASS�GNMENT �F RENTS AND THE SECURITY 1NTEREST IN THE�ENTS ANO
<br /> PERS�NAL PR�PERTY, IS G�VEN T� SEGURE �A� PAYNIENT ❑F THE 1NDEBTEDNESS AND {B� PERFt�RMANCE �F
<br /> ANY AND ALL OBLIGATIaNS UNDER THE N�TE, THE RELATED ❑4CLJMENTS. AND THIS DEED �F TRUST. THIS
<br /> ❑EED❑F TRUST tS GiVEN AND ACCEPTE❑�N THE F�LL�IIIfING TERMS:
<br /> PAYMENT AND PERF�RMAN�E. Excep� as �therwise pro�ided �n this Deed vf Trus�, Trustor shai� pay t� Lender all
<br /> amounts s�cured by this Deed of Trust as they �ecome du�, and shal! strictly and in a timely mannsr per�arm a!I of
<br /> Trustvr's vb[igatians under the Note, this Deed�f Trust, and the Related Dvcumen�s.
<br /> P�55ES51�N AND MAINTENANCE UF THE RR�PERTY. Trust�r agr�es that Trus�or's possession and use of �he
<br /> Praperty shaif he ga�erned by the fallawing pro�is�ans:
<br /> Possess�on and Use. Until �he v�currenc� of an Ev�nt o�r ❑e#ault, Trustvr may ��� remain in passession and
<br /> controf af the Praperty; {�y use, operate or manage the Property; and �3} collect the Ren�s from the Prvperty.
<br /> Duty to IVlaintain= Trustvr shall ma�ntain th� Praperty in tenantable conditian and prvmptly perform all repairs,
<br /> repia�em�nts, and maintenance necessary to preser�e�ts�alue,
<br /> Compliance Wi#h En�irvnmentaf Laws. Trustar represen�s and warrants to Lender that: �1 y During th� p�riod ofi
<br /> Trus�or`s own�rship❑�the Property, there has been nv use, generation, manufac�ure, storage, treatment, disposal,
<br /> release or threatened �elease v# any Ha�ardflus 5ubstance by any pers�n on, und�r, about or fir�m the Property;
<br /> {�} Trustor has nv knowledge of, or �easan ta belie�e that there has b�en, except as previausly disc�osed t❑ and
<br /> acknovuledged #ay Lender �n ►►vr�t�ng, �a� any breach or �iolation ❑f any En�ironmen�tal Laws, �b� any us�,
<br /> generation, manufac�kur�, storage, treatment, disposal, release or threa�ened release of any Ha�ardous 5u�stan�e
<br /> an, under, abaut ar from the P�flperty by any privr av►rners or occupants of the Praperty, ar tc� any actual or
<br /> threatened li�igation ar claims o# any kind by any persvn relating to such mat�ers; and �3y Exc�pt as pre�iousfy
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