|
- rn
<br /> m � � �
<br /> rnm � � rn
<br /> o �� � � �rn � rn
<br /> a� �o rn � �C p �
<br /> � �z � � Z� � �
<br /> � �� � Z �Z �7 U]
<br /> z� � � � —
<br /> cs C;]� � � �O�v � Z
<br /> �� rn �� � �
<br /> rn� � � =c�r� � �
<br /> �� CI] � � C
<br /> �� � r� �
<br /> �� � .�.� Z
<br /> o� � � �
<br /> � Z
<br /> �
<br /> WHEN RE��RQED MAIL T�:
<br /> Exchange Bank
<br /> GI-South Locust granch
<br /> 939 S Lacust St
<br /> Grand Is�and, NE 6$84'� FaR RE�DRDER'S USE UNLY
<br /> DEED �F TRUST
<br /> TH[S �3EED []F TRUST is dated January 'f'I, ����, amvng Midwest Premier Inrrestments.
<br /> L.L.C.; a Ne�araska Limited Liability Company �"Trustarr'�: Exchange Bank, whose address is GI -
<br /> Sauth Lacust Branch, 939 5 Locust St. �rand [sNand. NE 688t]� 4referred tv be�ow sometimes
<br /> as "Lender'r and sometimes as "Benefic�ary'��; and Exchange Bank. �►rhose address is P�B 76�.
<br /> G�bbon, N E �8$4a �referred tv belaw as "Trustee rr}�
<br /> CUNVEYANCE AND GRANT. For�atuabte conside�ration, Trustar conveys�a Trustee in trus�, WITH PD'WER �F SALE.
<br /> �or the ben�fit v# Lender as geneficiary, all v�Trustar's right, tit�e, and interest in and to the following describ�d real
<br /> prvperty, tvgether ►rvith all existing ar subsequently erected or affixed buiidings, impro�ements and fix�ures; a11
<br /> eas�ments, rights of way, and appurtenances; a!! water, water r�ghts and d�tch rights tincluding stock in utilities wi�h
<br /> ditch ar irrigation rights}; and all o�her rights, royalties, and profits relating �o the �-eal proper�y, incfud�ng without
<br /> limitation all minera�s, oif, gas, geotherma[ and simi[ar matters, �the "Real Property`�� Io�ated in HaNI Caunty,
<br /> State af Nebraska:
<br /> Lots �ne t�� and Twa t2�, Cook Subd�v�s�on, Ha�l �ounty. Nebraska
<br /> The Real Prape�ty or �ts address �s c�mmonly kn�►wn as 4954 W Hwy 3�, A[da, NE C881 D,
<br /> The Real Property tax identification number is 4����'t 7fl4. 4��37�379.
<br /> CRaSSTCDLLATERAL1ZATi�N. !n addi�tion to �he Nvte� this Deed a#Trust secures all abligations, debts and liabil��ies,
<br /> pius int�rest therean, of Trustor tv Lender, or any one vr more of them, as we11 as all claims by Lender against Trustvr
<br /> or any one vr mare o�them, whether now existing ar herea�ter arising, whe�her rela�ed ar unrelated to the purpase of
<br /> the No�e, whether �oluntary or atherwise, wh�ther due or not due, direct or indirect, determin�d or und�termined,
<br /> abso[u'te or con�ingent, [iquidated or unliquidated, wh��her Trustor may be liabfe individually or �ointly wi�h others,
<br /> ►n►h��ther abligated as guarantor, surety, accammodation party ar atherwise, and whether reco�ery upon such amaunts
<br /> may be or hereafte�may become barred hy any statute af limitations, and whether the obligat�vn'�o repay such amaunts
<br /> may be vr hereafter may be�ome otherwise unen�orceabie.
<br /> FUTURE ADVANCES. 1 n addi�tion to the Nvte,this Deed ofi Trust seGures al1�uture ad�ances made by Lende�to Trus�or
<br /> whether or not the ad�ances are made pursuant tv a commi�ment, 5pe�ificalfy, without �imi�a�ion, #his Deed o� Trus�
<br /> s�cures, in additivn to �the amounts spec��ied in the Note, alf fiuture am�unts Lender in its discretian may laan to
<br /> Trustar.tvgether with all in�e�est thereon.
<br /> Trustor presenfily assigns to Lender talsv known as Bene�iciary in this Deed of Trust� all of Trustar's right, ti�ie, and
<br /> in�eres� in and ta aI[ present and future leases of the Proper�y and a�! Fients �rom �he Property. [n addition, Trustor
<br /> grants to Lender a Uni�arm C�mmerciaf Code security interes�in the Persanal Proper�y and Rents.
<br /> THIS DEED DF TRUST. INCLUDING THE ASSIGNMENT�F RENTS AN❑THE SE�URITY INTEREST IN THE RENTS AND
<br /> PERS�NAL PR�PERTY, IS GtVEN TD SECURE �A� PAYMENT DF THE �NDEBTEaNESS AND �B� PERF�RMANCE �F
<br /> ANY AND ALL aBLIGATI�NS UNDER THE NDTE, THE RELATED D�GUMENTS. AND THIS DEE� DF TRUST. TH1S
<br /> QEED QF TRUST IS GIVEN AND ACCEPTED�N THE F�LLaWING TERMS:
<br /> PAY�'VIENT AND PERF�RMANCE, Except as atherwise provided in �his Deed ofi Trust, T�rustor shal� pay �a Lender a11
<br /> amaunts secured �y this Deed of Trust as they become due, and shafC strictly and in a timely manner per�Qrm a�l of
<br /> Trustor's abligativns under the Nate,this Deed a�Trus#, and the Rela'ted Dacuments.
<br /> P�SSESSIQN AND MAiNTENANCE �F THE PR�PERTY, Trustor a�rees tha� Trustvr's possessian and use of �he
<br /> Praperty sha[E be go�erned by the�vll�wing pro�isians:
<br /> Poss�ssian and Use. [Jn�il �h� occurrence o� an E�en� of De�au�t, T�usfior may t 1 y remain in pvssession and
<br /> contro�of the Proper'ty; {�� use, apera�e vr manage�he P�ope��y; and t3y co�lect tihe Rents�rom the Praper�y.
<br /> Duty #o Maintain. Trus�or shall maintain the Property in tenantable condition and promptiy perfarm al! r�pairs,
<br /> replacements, and main�enance necessary ta preser�e its�alue.
<br /> Compliance Vllith Enviranmentai Laws, Trustar represents and warran�s �v Lender that: ��} During the periad af
<br /> Trustor's ownership a�the Praperty, there has been no use, genera�ion. manu�actur�, starage, treatmen�, dispasal,
<br /> releas� or �hreatened release of any Hazardous Substance by any person an, under, abvut vr from the Property;
<br /> ��y Trustor has no knowiedge of, or reasan ta belie�e tha� there has been, ex�ept as pre�iausfy disc[vse� t� and
<br /> acknow[edged by Lender in writing, {af any breach or violation o� any En�iranmental Laws, �b� any use,
<br /> gen�rat�on, manufacture, stvrage, treatment, disposal, release vr threatened release of any Hazardous Subs�anc�
<br /> on. under, abou't ar from the Property �y any prior owners or occupants ofi the Praperty, ar �c} any ac#ual or
<br /> threat�ned Iitigat�on ar ciaims of any kind by any person relating to such matters; and =3� Except as previously
<br /> disclosed ta and acknow[edged by Lender in wri�ing, �a� neither Trus�vr nor any tenan�, contra�tvr, agent or ather
<br /> authorized user of the Property shalf use, genera'te, manufacture, stvre, trea'#, dispase af or release any Ha�ardous
<br /> Substan�e on, under, about or�rvm the Prop�rty; and {by any such acti�ity shalf be Gonducted in compliance with
<br /> afl applicab�� federal, state, and �ocal laws, regulations and ord�nances, incfuding wi�hout limi�ation all
<br />
|