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<br /> INHEN REC�RDED MA�L T�:
<br /> Exchange 6ank
<br /> �I-A�len Dri�e Branch
<br /> 'I��4 AIlen Dr
<br /> P�Box�793
<br /> Grand[sland NE �88�� F�R REC�RnER'S USE�NLY
<br /> DEED �F TRUST
<br /> THIS DEED �F TRU�T is d�ted June '19, ��'15. among Grand Ri��r Properties LLC: A Nebraska
<br /> Limited Lia�i��ty �ompany �"Trust�r'r}; Exchange Bank. whase address �s GI - Allen Dri►re
<br /> Branch, 'I��4 Aiien Dr, P� Box 5793, Grand Island. NE 688�� �referred tv belornr somet�mes
<br /> as "Lender" and sometimes as "Beneficiary"�; and Exchange Bank. ►n►hose address is P�B 76�.
<br /> �ibban, N E �884D t referred ta belaw as "Trus�ee"�.
<br /> C�NVEYANCE AND �RANT, For�aluahle cvnsid�ration, Trustvr�on�eys�o Trust�e in�rust. WITH P�11VER �F SALE,
<br /> for th� benefit of Lend�r as Beneficiary. a�1 of Trustor's right, tit�e. and interest in and t� th� following descr�bed r�a�
<br /> prap�rty, �tvgether with all ex�s�ing or subsequentfy �rected or afifixed huifdings, imprv�ements and �ixtures; all
<br /> easements, righ�s ❑f way, and appurtenances; a[I ►►vater, water rights and ditch rights t�nc�uding stock in utilities with
<br /> dit�h or irriga�tian r�ghts=; and a[� other rights, royalties, and pr��its relating to the real p�vperty, inc�uding withou�
<br /> fimita�ion all min�rals, oi�, gas, geothermai and similar matters, �the "Re2�l Praperty�'� Iocated in HALL
<br /> �vunty. State of Nebraska:
<br /> L�t Twenty-three ��3�. Piper's Glen �ubdi�ision. being a Subd��isian vf Lvts Eight ��� and
<br /> Nine {9y, Warren Subdi�isian in the City of Grand Island, Ha1� �vunty, Nebraska
<br /> The Rea! Property or its address i� commanly knvwn as Za4 PIPER ST #'I'I. GRAND 15LAND,
<br /> NE �8��3. The Real Praperty tax identif�cativn number is 4flUD7728fl.
<br /> CR�SS-C�LLATERALI�ATI�N. In addi�ian to the No�e, �his Deed �f Trust secures all nbligations, debts and �iabilities,
<br /> plus int�rest�herean. of Trustor to Lender, vr any one ar mor� of them, as well as a�1 claims by Lender against Trustar
<br /> vr any one or mor� of them, whether now existing vr hereafter arising, vuhether related or unrela�ed to �he purpose v�
<br /> the No�e. whether �oluntary or otherwise, whe�her due ar nv� due, dire�t ar indirec�, determined or und��ermined,
<br /> absolute or contingent, liquida�ed or unliquidated, whether Trustor may be lia��e indi�idually or �oint�y ►nrith others,
<br /> whether obligated as guaran�vr, surety. accommodat�on party or atherwise. and whether reco►rery upon su�h am�unts
<br /> may be or h�reafter may becvme barred by any statute❑f Cimitations. and whether the abiigativn to repay such amounts
<br /> may be ar hereafter may bec�me otherwise unen#arceable.
<br /> FUTIJRE ADVANCES. In additian to th� Nvte,this Deed of Trust se�ures a!I�u�ure ad�ances made by Lender t❑Trustor
<br /> wheth�r or no� �he ad�ances are made pursuant t❑ a c�mmitmen�. Sp�cifically, withau� �imi�ation. this ❑�ed of Trust
<br /> s�cures, in addition to the amounts specified in th� Note, all fu�ure amvunts L�nd�r in its d�scretian may laan �v
<br /> Trus�or, �vgether with aff in�terest�hereon.
<br /> Trus�o� presently assigns tv Lender �also known as Bene�iciary in this Deed af Trus�y alf �f Trustar's right, ti�le, and
<br /> interest in and �� all pres�nt and fiuture leases �f th� Property and al� Ren�s from fihe Proper�y. ln additEan. Trustor
<br /> grants to Lender a Uni�orm Gommercial Code security interest in the Pe�sonal Property and R�nts.
<br /> THIS DEED�F TRUST, INCLUDiNG THE A55��NlV1ENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSUNAL PR�PERTY, IS G�VEN T❑ SECURE �Aj PAYMENT �F THE IN�EBTE�NESS AND �B� PERFDRMANCE qF
<br /> ANY AND ALL �BLIGATI�NS UNDER THE N�TE. THE RELATED D�CUMENTS, AN� TH15 DEED �F TRUST. THIS
<br /> DEED�F TRUST IS GIVEN AN❑ACGEPTED�N THE F�LLa1N[NG TERNIS:
<br /> PAYNiENT AN❑ PERFaRMANCE. Ex�ept as o�herwi�e pro�ided in �his [7eed o� Trust, Trustor shall pay to Lender a�i
<br /> amounts secured by this Deed of Trust as they bec�me due, and shall str�ctfy and in a timely manner perform a11 o�F
<br /> Trustor's obliga�ions und�r the Nate,this Deed of Trust, and the Related Dacuments.
<br /> PUSSESSI�N ANt] N�AtNTENANCE �F THE PR�PEI�TY. Trustor agrees that Trustor's passession and use of the
<br /> Property shall be ga�e�ned by�he fo!l�wing pro�isivns:
<br /> Poss�ss�an and Us�. lJntil the vc�urrence of an E�ent ofi Default. T�ustvr may t 1 y remain in passessivn and
<br /> control of the Proper�y; ��} use, operate ar manage�h� Proper�y; and �3} collect the Ren�s frvm the Property,
<br /> Duty #o Maintain. Trustor shall maintain �he Property in �enanta�le �ondition and p�omptly perform al! repairs,
<br /> replacem�nts, and maint�nance necessary t� preser�e��s Walue.
<br /> Compliance With En►►iranmgnta! Laws. Trust�r represents and ►rvarran�s to Lender that: �1� ❑uring the perivd of
<br /> Trus�or"s ov►rnership of th� Property. there has faeen no use, generation, manu�acture, stvra�e, treatment, disposai,
<br /> release or threatened reiease vf any Hazardous 5ubstan�e by any person vn. under. about ar fram the Prope�ty;
<br /> t�� Trustor has no knvwledge �f, �r reason to believe �ha�there has been, �xc�pt as pre�iously disclosed to and
<br /> acknaw�edged by Lend�r �n writing, {a� any b�each or �iolati�n o� any En�irvnmental Lav►rs, {b� any use,
<br /> g�neration, manufacture, storage, treatment, disposal, release or threatened release af any Ha�ardaus Sut�stance
<br /> vn. under, about or from the Property by any pr�or awners vr occupants of the Property. ar {cy any a�tual or
<br /> threatened litigation or �laims of any kind by any persan relating to such ma���rs; and �3f Exc�pt as pre�ivusly
<br /> disciosed to and acknowledged by Lender in writing, �ay neither Trus�vr nvr any tenant, con�rac�C�r, agent or vther
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