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WHEN RECORDED MAIL TO:
<br />GREAT WESTERN BANK
<br />Grand Island - Webb Rd
<br />700 N Webb Rd
<br />Grand Island, NE 68803
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<br />(f)
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $82,500.00.
<br />THIS DEED OF TRUST is dated June 23, 2016, among Powhein, L.L.C., a Nebraska Limited
<br />Liability Company, whose address is 3415 W State St Suite B, Grand Island, NE 68803
<br />('Trustor"); GREAT WESTERN BANK, whose address is Grand Island - Webb Rd, 700 N Webb
<br />Rd, Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Great Western Bank, whose address is 700 N Webb Rd, Grand Island, NE
<br />68803 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profits relating o the real property, including ithout
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real P roperty ") located i Hall C ounty,
<br />State of Nebraska:
<br />Part of Fractional Lots One (1) and Two (2), in Fractional Block Two (2), H.G. Clark's
<br />Addition to the City of Grand Island, Hall County, Nebraska more particularly described as
<br />follows, to -wit: Beginning at the Southeasterly corner of Fractional Lot One (1), in said
<br />Block, running thence in a Northerly direction parallel with the Easterly boundary line of said
<br />Lot a distance of Sixty -Six (66) Feet, thence in a Westerly direction parallel with the
<br />Northerly Boundary line of said Lot a distance of Seventy Seven (77) Feet, thence in a
<br />Southerly direction a distance of Sixty Six (66) Feet to the alley of said Block, thence in an
<br />Easterly direction a distance of Seventy Seven (77) Feet to the place of beginning, being a
<br />rectangular tract of ground having an Easterly front of Sixty Six (66) Feet on Eddy Street in
<br />said City and a depth of Seventy Seven (77) Feet.
<br />The Real Property or its address is commonly known as 1014 N Eddy Street, Grand Island, NE
<br />68801. The Real Property tax identification number is 400 029 782.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of
<br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
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