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<br /> WHEN �E��]RDED �JIA�L T{a;
<br /> First Nationa�Bank af�maha
<br /> Bra�ch#n�0-�rand lsrand�ranch
<br /> 8'i 0 A��era D�
<br /> Grand�sland NE �8�03 FOR�EC�RDER`��]5��h�LY
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<br /> * �s�o�s�3�a1��
<br /> � DEE�] �F TI�UST
<br /> MA��MUM L�EN. The lien of thEs De�d of Tru��shal� no� ex�eed a� any ane '��rn� $93,Ui]q.0�).
<br /> TH1S DEED OF TRUST is da�ed August '1�, �01�, amvng T.G. Enck �uild�rs, �n�., whase
<br /> address is 4'I33 Flee�wovd Rd, Grand Island, NE �i88�3 �°'Tru�tor"}; First Na�i�nal �ank of
<br /> C]maha, whose address is Branch #�7'❑ -� Grand �sland Branch, 8'�0 Al[en Dr, Grand lsland, NE
<br /> �88�3 �r��erred tv helow sor�e�imes as "Lender" and sam��ime� as °'Beneficiary"}; and First
<br /> Nafi�na� Bank of�maha , wnose address rs S�!� Al��n �r, , Grand �sland , NE f�8U'� �referred
<br /> ta bel�w as "Trustee"}.
<br /> C�NVEYANCE AND GRANT. Far�a[uable consideratian,Trustar�onveys to Trustee in trust,W1TH P�WER DF SALE,
<br /> �or the benefit vf Lender as Bene�iciary, all of Trustor's right, title, and �nterest in and to the fall�wing d�scribed r�a!
<br /> property, together with all existing ❑r �uhsequen#[y er��ted Qr affxed buildings, imprar�ernents and fix�ures; al!
<br /> easements, rights af v�ray, and appurtenances; a!I water, water rights and ditch righ�s �including stacl� �n utrlities with
<br /> dit�h or irrigalivn righ�s); and al� o�her �ights, �vyalti�s, and prc��Fits relat�n tv the real r��er�y, ir�c�uding withau�
<br /> [imita�i�n ail minerals,oil, gas, geothermal and similar mat��rs, ��h� "F�ea��r�pe�]�"� �oca#ed d�1 ���� ���tl��y
<br /> �o�n#y, St�t� �f 1Vebrask�e _
<br /> Lo� 7', Bi��� 38, Packer and �arr"s 5ecand Add��ion to �he Ci�y �f ��-and �sCandg Ha��
<br /> C�unty, Nebra�ka.
<br /> The Real Proper�y vr i�s a�dress �s comm�n[� knvvvn as '13'� I� Grace, �rar�d ls�ar�d, hIE
<br /> G8�D3.
<br /> Trustor presen�ly assigns �o Lender�also kn�wn as Beneficiary in �his D�ed af Trust} a[I of Trus�ar's right, �itle, and
<br /> . in�eres� in and �a all present and future leases o��he Proper-ty an�f all Rents frvm the Prvperty. [n addi�ion, Trus�or
<br /> grants ta Lender a Unifa�-m Comm�reial�ade security interest in the Persvnal Property and Ren�s.
<br /> THIS DEED�F TRUST, tNCLUDINC TH�ASSIGNMENT aF RENTS AN❑THE SECURITY�NTEREST IN THE RENTS ANO
<br /> �PERSDNAL PR�RERTY, IS GIVEN T�SECURE �A} RA',r'MEhIT 4F THE INDEBTEDNE55 AND �g} PERFt�RNlANCE�F
<br /> ANV ANa ALL DBLI�ATi�hIS UN�EFt THE N�TE, THE RELATED a�CUMENTS, AND TH�S DEED QF TRUST. TH�S
<br /> DEED �F TRUST, ih[CLUDING THE ASS�GN11IiENT QF RENTS ANl] THE SEGURIT� 1NTEREST IN THE RENT5 ANQ
<br /> PERSDNAL PRQPERTY, [S ALSD �IVEN Ta SECUF�E ANY AND ALL OF TRUSTaR'S DBLlGATiQNS UNdER THAT
<br /> CERTAIN CQNSTRUGT�QN LDAN AGR�ENIENT BETWEEN TRUSTC]R►�h[D LENDER QF EVEN DATE HEREWITH. ANY
<br /> EVE�T �F DEFAULT UND�R THE C�NSTRUCTIQN LaAN AGREEMEIVT, aR ANY UF THE RELATED 1]DCUl�liENTS
<br /> REFERRED T� THEREIN, SHALL ALS� SE AN EVENT�F ❑EFAULT UNDER THlS DEED DF TRUST. THIS DEED�]F
<br /> TRLJST IS GfVEN AN D ACCEPTED(3N THE F�LLQWlNG TE11�M5:
<br /> PAYMEIVT AND PERFQRMANCE. Except as otherwise pra�ided in this ❑eed af Trust, Trust�r shall pay�o Lender all
<br /> arnaunts seGured by�his Deed of Trust as�h�y becorn� due, and shall s��ict[y and in a timely rpanner perfarrn all of
<br /> Trustor's obligations under the Nate,this IDeed a�Trust:and the F�eia��d�vcuments.
<br /> PDSSESSID�I AND IVIA��lTENANCE C]F �'H� P��PERT�VV. Trus�or agrees that T�ustvr's passession and use ❑� �he
<br /> F'raperty shall be governed�iy the fa�[ovvin�pro�isi�ns:
<br /> Passessoor� and �Jse. [Jntil �he a�currence o� an E�en� o� C3efault, �'rustor may �1� remain in passessiqn and
<br /> control o�'th�Prap�r�y; �2} use,operate❑r t-nanage the P�vperty;and �3} �olfect�he C�en�s from�he P�op��-ty.
<br /> Du�y �n Maintain. �rustor shal� main�ain �he F'ropert� �n t�nantable �ond��ion and pramptly perForrn afl r�pairs,
<br /> �eplacements,and rnaintenan�e neces��ry t�pres�rv�its ualue.
<br /> ��nnplianGe Vvith Eravir�r�men�a! �aws. Trusi�or rep�'esenfs and�nrarrants to Ler�der�hat. �'i� auring�he periad vf
<br /> �'rust�r's own��ship a�the�roperty,�here has been no use,generatian, manufacture,storage,�rea�ment,dispasal,
<br /> re�ease or threatened release Qf any Flazardaus�ubstance by any versvn or�, under, about or fram �he Property;
<br /> ��} �ru��or has n❑ kr�owledge af, �r reason�� helie��that ther� has been, excepi as pre�ious�y disclased ta and
<br /> a�knawledged by Lender in vvriting, {a] any breach vr �iolation �f any En�ronmenta� Laws, �b� any use,
<br /> generationa manufac�ure, storage,�reatment, disposaf, re�ease�r thr�atened release o�any Flazardous Subs�ance
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