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<br /> VIrHEN REC�RDED IVIAIL T�:
<br /> Ex�hange 6ank
<br /> GI -Allen Drive Branch
<br /> 'l�U4 A�len Dr
<br /> P� Box 5793
<br /> G rand [s land, N E 688U 2,,,,_,_.,_, ._,.,,.,,.,..�„__..�,_, ,_�,.��,.,,_�,,,,.,.,W,.�, F�R„R EC�R D ER'S U S E D N LY.
<br /> DEED �F TRUST
<br /> THiS DEEC� �F TRUST is dated June 'I U, �D'I 6, among Grand River Properties LL�: A Nebraska
<br /> L�mited Liahility �ompany �"Trustar"�; Exchange Bank, wnase address �s G� - Al�en Qri�e
<br /> Branch, 'I Z�4 Allen Dr, P� Box 5793. Grand Is�and. NE �SB�Z trsferred to below s�metimes
<br /> as "Lender" and sometimes as "Beneficiary"}; and Exchange Bank, whose address is P�B 76�,
<br /> Gibbon, NE ��84� treferred to below as "Trustee"}.
<br /> C�NVEYANCE AND GRANT. For�atuabie consideration, Trustor conWeys ta Trus�ee in trust, WITH PDWER aF SALE,
<br /> for the benefit o# Lender as Beneficiary, all of Trustor's right, title, and interesr in and to the following descrihed real
<br /> property, together wi�h a�fi existing or subsequently er�cted or affix�d �uildings, impro�ements and �ixtures; all
<br /> easements, rights of way, and appurtenances; aI� wa�er, water rights and ditch rights �including sto�k in uti�ities wi�h
<br /> ditch or irrigation righ�s}; and all other rights, royal�ies, and profits re�ating to the real property, including without
<br /> limi�ation all minerals, oil, gas, geothermal and similar matters, �tne �*Real Praperty`*} �ocated in Hall C�unty,
<br /> State af Nebraska:
<br /> The Sautherly S� feet �f Lat 6, Bl�ck �, G�Ibert's Add�tion to ths City of Grand lsland, Hall
<br /> Caunty. Nebraska
<br /> The Real Property vr its address �s cvmm�nly knvwn as 1 D�4 IN �'i th St, Grand lsland. NE
<br /> 688��. The Real Prvperty tax identification number is 4���3338�.
<br /> �RDSS-C�LLATERALiZ►4T14N. In addition ta the Note, this Deed of Trust secures a1� ahligations, debts and liabili�ies,
<br /> plus interest therean, o�Trustor ta Lender, or any one or more of them, as well as alf claims by Lender against Trustor
<br /> ar any one �r more of them, whether now existing or hereafter arising, whe�her re�ated vr un�elated �o the purpose o�
<br /> the Note, whether �o[untary �r atherwise, whether due or no� due, direc� ❑r indire�t, determined or undetermined,
<br /> abso�ute or �ontin�ent, liquidated vr unliquidated, whether Trustor may �e liab(e indi�idua�fy or jaintly with oth�rs,
<br /> whether obligated as guaran�ar, surety, accommodation party or atherwise, and whether reco�ery upon such amounts
<br /> may be or he�eaf€er may become harred by any s�atute❑f limitations, and whether the vbligativn to r�pay such amounts
<br /> may be ar hereaf�er may become otherwise unenforceable.
<br /> FUTURE ADVANCES. I n addit�an�o the Note, this Deed of Trust secures all future ad�ances made by Lender�v T�ustor
<br /> whether ❑r nat the ad�anc�s are made pu�suan� to a commi�m�nt. 5pecifical�y, withaut limitation, th�s ❑eed ❑f Trust
<br /> secures, in addi�ian to the amoun�s speci#ied in �he Note, all �uture am�unts Lender in its discretion may loan to
<br /> Trustor, �ogether with all interest thereon.
<br /> Trus�or presently assigns �to Lender �also known as genefi�iary in this Deed �f Trust� all vf Trustor's right, ti�le, and
<br /> �nterest in and to all p�esen� and future leas�s af �he Proper�y and ail Ren�s from the Property. In add€tion, Trustor
<br /> grants to Lender a Uni�orm Commercial Code se�urity interest in the Personal Property and Renfis.
<br /> TH15 DEED �F TRUST, IN�LUDING THE ASSIGNMENT�F RENTS AND THE SECURITY �NTEREST iN THE RENTS AN❑
<br /> PERS�NAL PR�PERTY, IS GIVEN TU SECURE �A� PAYNLENT QF THE INDEBTEDNE55 AND �B} PERF�RIVIANCE DF
<br /> ANY AND ALL Q6LIGAT�flNS UNC]ER THE N�]TE, THE RELATED DUCUMENTS, AN❑ THlS DEE❑ QF TRUST. TH15
<br /> DEED�F TRUST IS GIVEN AND ACCEPTED aN THE F�LLaWlNG TERIVIS:
<br /> PAYMENT AND PERFDRMANGE. Except as o�herwise pro�ided in this Deed of Trus�, Trustor shall pay to Lende� al�
<br /> amounts secured by this Deed of Trust as they become due, and shall s�rict[y and �n a timely manner perform af� of
<br /> Trustor's ob�iga�ions under�he Note, this Deed vf Trust, and the Re�ated Documents.
<br /> PQSSESSION AND MAINTENAN�E �F THE PR�]PERTY. Trustor agrees that Trustar's possession and use of the
<br /> Praperty sha�� t�e go�erned by the following pro�isions:
<br /> Pvssession and Use. �nt�l the occurrence of an E�ent of De�ault, Trustor may �1� remain in possession and
<br /> con�rol a�the Property; ��� use, operate ar manage the Property; and �3� co��ect the R�nts from the Property,
<br /> Duty to 1Vlain�ain. Trustor shall maintain �he Praperty in �enantable condition and pramptly perform all repairs,
<br /> replacements, and maintenan�e necessary ta preser�e its �alue.
<br /> Cvmpliance With En�irvnmental Laws. Trus�or represen�s and warran�s t� Lender that: �1} ❑uring the period a#
<br /> Trus�or's ownership of the Prvperty, there has t�een n❑ use, generation, manufacture, starage, treatment, disposa�,
<br /> release or thr�atened rel�ase of any Hazardaus Substance by any pers�n �n, under, abaut or fram the Prope�ty;
<br /> t�� Trustar has n❑ know[edge of, ❑r reasvn �o be[�e�e tha��h�r� has been, excep'� as pre�iously disc�osed to and
<br /> acknow�edged by Lender in wri�ing, �a� any breach or �iolatian �f any En�ironmenta� Laws, �b} any use,
<br /> generation, manufa�ture, starage, treatment, disposa[, release ❑r threatened r�(ease of any Ha�ardaus Subs�an�e
<br /> on, under, ahaut or f�om the Proper�y by any prior owne�s or occupants of the Property, or ��y any actual or
<br /> threatened litigation or claims o� any kind �y any persan relating �a such ma��ers; and �3� Except as previausly
<br /> disc[osed�o and ackn�w�edged by Lender in wr�t�ng, 4ay neither Trustor nor any tenant, con�ractor, agen�or other
<br /> A
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