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TRUST DEED WITH FUTURE ADVANCES PROVISION <br />w <br />THIS TRUST DEED, is made as of the 21st day of April, 2016 by and among the Trustor, WEINRICH DEVELOPMENT, INC., a <br />Nebraska Corporation, whose mailing address is PO Box 2235, Grand Island, 68802 (hereinafter referred to as the "Borrower ") and the <br />Beneficiary, D & A INVESTMENTS, LLC a /k /a D & A INVESTMENTS, L.L.C., a Nebraska Limited Liability Company, whose address is 216 N <br />Cedar 5t, Grand Island, Ne 68801 (hereinafter referred to as the Lender "). <br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and the trust herein created, the receipt of <br />which is hereby acknowledged, Borrower herby irrevocably grants, transfers, conveys and assigns the Trustee, IN TRUST, WITH POWER <br />OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real property, <br />the following described real estate, to wit: <br />LOT 7, BLOCK 13, ARNOLD & ABBOTT'S ADDITOIN TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA; <br />Together with all building, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and <br />appurtenances located thereon or in any way pertaining thereto, and the rents, issues and profits, reversions and remainders thereof; <br />including, but not limited to, heating and cooling equipment and such personal property that is attached to the improvements so as to <br />constitute a fixture; and together with the homestead or marital interest, if any, declared to be a part of the Real Estate secured by the <br />lien of the Trust Deed and all of the foregoing being referred to herein as the "Property ". <br />This Trust Deed shall secure the payment of the principal sum and interest evidenced by Borrower's Note dated the 21st day <br />of April, 2016, in the original principal amount of $10,000 and all other obligations, debts and liabilities, plus interest thereon, of <br />Borrower to Lender, as well as all claims by Lender against Borrower, whether not existing or hereinafter arising, whether related or <br />unrelated to the purpose of the aforesaid Note, whether voluntarily or otherwise, whether due or not due, absolute or contingent, <br />liquidated or unliquidated and whether a recovery upon such indebtedness may be or hereinafter become otherwise unenforceable <br />and all future amounts Lender in its discretion may loan to the Borrower, together withal interest thereon. <br />Borrower, to protect the security of this Trust Deed, covenants and agrees with Lender as follows: <br />1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal of and interest on, and any <br />fees or charges provided in, the Note or in the Trust Deed. <br />2. Title. Borrower is the owner of the Property, has the right and authority to convey the Property, and warrants that the <br />lien created hereby is a first and prior lien on the Property, except: None, and the execution and delivery of this Trust <br />Deed does not violate any contractor other obligation which Borrower is subject. <br />3. Taxes. The Borrower agrees to pay property taxes. Borrower shall pay when due all special assessments and all other <br />charges against the property when due. <br />4. Insurance. To keep the Property insured against damage by fire, hazards including within the term "extended <br />coverage ", and such other hazards as Lender may require, in at least the amount of the balance due on the Note <br />secured hereby and with companies acceptable to the Lender, and with loss payable to the Lender. In case of loss <br />under such policies, the Lender is authorized to adjust, collect and compromise, all claims thereunder and shall have <br />the option of applying all or part of the insurance proceeds (I) to any indebtedness secured hereby and in such order as <br />Lender may determine, (II) to the Borrower to be used for the repair or restoration of the Property or (111) for any other <br />purpose of this Trust Deed for the full amount secured hereby before such payment ever too place. Any application of <br />proceeds to indebtedness shall not extend or postpone the due date of any payments under the Note, or cure any <br />default thereunder or hereunder. The Borrower shall provide the Lender upon Lender's request proof that such <br />insurance required hereunder has been obtained and is in full force and effect. <br />5. Maintenance Repairs and Compliance with Laws. Borrower shall keep the Property in good condition and repair; shall <br />promptly repair, or replace any improvement which may be damaged or destroyed; shall not commit or permit waste <br />or deterioration of the Property; shall not remove, demolish or substantially alter any act to be done in or upon the <br />c <br />a $, <br />UU <br />