|
rn
<br /> m � � �
<br /> rnm � � rn
<br /> o �� � �n �rn IV rn
<br /> �, �o rn � � o
<br /> o �z � Z z� � �
<br /> � �� � � �z � �
<br /> � z� �' C �rn � z
<br /> o G7� � � Qov
<br /> � � � �
<br /> �� rn �� �
<br /> rn� rn � =c�r� � �
<br /> 0
<br /> �o � � � �
<br /> cr� r�
<br /> �� � �� rn
<br /> o� o° cn �
<br /> � �' z
<br /> 0
<br /> �IIIHEN RE�[]RDED MA�L T�:
<br /> Exchange Bank
<br /> GI�5auth Locust Branch
<br /> 939 S Locus�#St
<br /> Grand lsland, NE 688�'I F�R REC�RDER'S USE❑NLY
<br /> oEEv �F T�us-r
<br /> TH1S DEED DF TRUST is dated November �, 2�1 a, among iVlidwest Premier In�estments,
<br /> L.L.�.; a Nebraska Limited Liability Company �'rTrustv�r"}; Exchange Bank, r►vhose address `rs G� -
<br /> �nuth Locust Branch, 939 S Lo�ust St. Grand tsland, NE �SS�� �referred tv belvw sametimes
<br /> as "Lende�"' and sametimes as "'Beneficia�y"�; and Exchange Bank , whose address is P� Box
<br /> 57�3, �rand lsland. 1VE �88q� �referred t� bel�w as "Trustee"�.
<br /> CaNVEYANCE AND GRANT. For�aluable cvnsideration,Trustor�vnWeys 'to Trustee in#rus�, WITH P�W ER OF SALE,
<br /> #ar the benefit of Lender as gen��iciary, all af Trustvr's right, title, and interes� in and tv �he following described real
<br /> pr�perfiy, to�ether with all existing or subs�quently e�ected or affixed buildings, impra��ments and �ixtures; af[
<br /> easerr�ents, rights of way, and appurtenances; a1� water, water rights and difich rights tincluding stock 'rn utiiities with
<br /> ditch or irriga�ion righfisy; and all vther ri�hts, roya�ties, and prof�ts re�ating to the real prvperty, including vvithou'�
<br /> Eimitation all minerais, oil, gas, geothermal and s�milar matters, �the *'Rea� Property'*� �o�ated �n Hall County.
<br /> State of iVe�araska:
<br /> Lot Fvur �4�, Blvck Sixty Six t��y, VV'heel�r and Bennettr� 5ecand Addit�vn ta the �ity af
<br /> Grand Island. Hall �aunty. Ne�raska
<br /> The R�al Pr�perty or its address is commonly known as 5�7 E '14th Street, Grand Island, NE
<br /> 688C�'[� The Rea� Property tax ident�fication numb�r� is 4����43'I 9.
<br /> CRDSS-COLLAT'ERALI�AT��N. fn addi�ion to th� Note, �his D�ed o�Trust secures a11 obligat�ons, debts and liabili�ies,
<br /> plus in�erest�hereon, af Trustar tv Lend�r, or any ane or more of�hem, as we�l as al� claims by Lender against Trustor
<br /> ar any one or more o#them, whether now existing vr hereafter arising, whether refated ar unrelated to the purpose o�f
<br /> the Note, whether �oluntary or otherwise, whether due ar not due, direct or indirec�, determined or undetermined,
<br /> absalu�e vr cantingen�t, liquidated or unliquidated, whether Trustor may be liab[e indi�'rdually ar jointly with o�hers,
<br /> rrvhether obligated a� guarantar, surety, accommodation party or otherwise, and whether re�o�ery upon such amounts
<br /> may be or hereafter may become barred by any s�atu�e af limita#ians, and whether the abligation to repay such amounts
<br /> may be or hereafter may beCome otherwise un�nforceable.
<br /> FUTURE ADVANGES. !n addition�a�he Note, this Deed of Trust secures all future ad�ances made hy Lender�v Trustor
<br /> whether ar nvt the ad�ances are made pursuant to a commitment. 5pecifically, withou� [imitation, �his Deed of Trust
<br /> secures, in addi�ion �o �he amaunts speci�ied in th� Noter all future amaunts L�nder in its discretion may loan �o
<br /> Trustor,together with all in�erest therean.
<br /> Trus�or presently assigns tv Lender �also knawn as Beneficiary in this Deed of Trust} al1 0� Trus�or's right, title, and
<br /> �nteres� in and to a�l presen�t and future leases o� the Prop�rty and all Rents �ram the Praperty. In additian, Trustor
<br /> grant�to L�nder a Uni�o�m �ommerciaf Cade secu�ity interes�in�he Persanaf Property and Ren�s.
<br /> TH�S DEED t]F TRUST. INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY �NTEREST 1N THE RENTS AND
<br /> PERSDNAL PRC�PERTY. IS GIVEN T� SECURE {A� PAYMENT �F THE INDEBTEDNESS AND �Bj PERFDRMANCE �F
<br /> ANY AND ALL 4BLIGATI�]NS UNDER THE N�TE, THE RELATED D�CUiUIENTS, AND TH15 DEED nF TRUST. TH1S
<br /> I7EED�F TRUST IS GIVEN AND A�GEPTED�N THE F�LL�WING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Excep� as a�herwise pro�ided in this Deed af Trust, Trus�or shall pay ta Lender al(
<br /> amounts secured by this Deed of Trust as they became due, and shall strictly and in a timely mann�r per�orm aIf of
<br /> Trustor's ob�iga�tians under�he Note, �his Deed of Trust, and the Related Documents.
<br /> P�S5E551�N AND �VIAINTENANCE �F THE PRQPERTY. Trustvr agrees that Trustor's possession and use of the
<br /> Property shafl be go�erned by�he�ollowing pro�isions:
<br /> Passessian and Use. Unti� the accu�rence o� an E��nt af Default, Trustar may t 1 j remain in passession and
<br /> cantrol of the Property; t�} use, op�ra�e ar manage the Pr�perty; and �3} cal��ct the Rents from �the Property.
<br /> Duty ta Nlaintain. Trustar shall maintain the Property �n tenantable candition and prompt�y perform all repairs,
<br /> replacements, and maintenance necessary to preserve its�afue.
<br /> Gampliance Wi#h Environmen�al Laws. Trustvr represents and warrants �o Lender that: ��� During the period o�
<br /> Trustar's ownership o�the Property, there has been no use, generation, manufacture, starage, treatmen�, d�spasal,
<br /> release or threatened release v� any Hazardous Substance by any person on, under, abou� ar from �he Property;
<br /> ��} Trustor has no knowfedge af, or reasan to belie�� that�here has been, ex�ep� as preWiously disclosed to and
<br /> acknawledged by Lender in v►rriting, tay any breach or �iolativn ofi any En�iranmental Lav►rs, �b} any use,
<br /> generatian, manufacture, stvrage, treatment, dispasal, release or threatened release of any Hazardvus Suhstance
<br /> on, under, about or fram �he Property hy any prior awners or occupants af the Proper�y, or {c� any actual ar
<br /> �thr�atened �iti�ation or �faims of any kind by any persan rela�ing to su�h mat�ers; and �3} Except as pre�iously
<br /> disclvssd to and acknowfedged by Lender in writing, ta� neither Trus�or nor any tenant, cantractar, agen�or ath�r
<br /> authorized user of the Proper'�y shall use, genera�e, manufac�ure, s�are, �reat, dispvse af or release any Hazardous
<br />
|