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<br /> V�HEN RE��RDED MAIL T�:
<br /> Exchange Bank
<br /> GI -Alien Drir►e Bran�h
<br /> '�2�4 Allen Dr
<br /> P� Box 5793
<br /> Grand lsland, NE C88�2 FQR RECQR�ER`S U5E�NLY
<br /> DEED �F TRUST
<br /> THIS DEED �F TRUST is dated July �, 2���, among Midwest Premier In►restments, L.L.�.; A
<br /> Ne�raska Limited Liability �ampany �"T�ustor'"�; Exchange Bank, r►vhose address is GI - Allen
<br /> Drive Brancn, "1��4 Allen Dr, P[] Box 5793. �rand Island. NE �88U� 4referred ta be[aw
<br /> sometimes as "Lender" and sam�times as "Beneficiary"�; and Exchange Bank, whose addr�ss is
<br /> PDB 7�Q, Gibh�n. NE �8�4� �referred t� be�nw as "T�rustee"�.
<br /> C�NVEYAN�E AND GRANT. For va[uabie �onsideration. Trustor con�eys to Trustee in trust, WiTH P�WER �F SALE,
<br /> far the bene#it of Lender as Benef'rc�ary, all nf Trustar's right, title, and inter�s� in and ta the �ollowing described real
<br /> praperty, together with aii existing or subsequen�ly er�cted or affixed buildings, impra�ements and �fixtures; al�
<br /> easements, rights of way, and appurtenances; all water, water rights and ditch rights �inc[uding s���k in utilities ►rvith
<br /> ditch or irrigation rights}; and a[� other rights, royal�ies, and pro�its relating to �he real property, includ�ng without
<br /> limitation all minerals, oi�, gas, geothermal and similar matters, �the "Rea! Property"� lo�ated in Hall �ounty,
<br /> 5tate of Nsbraska:
<br /> The Easterly �9.54 feet af the 5outherly 7'i.�0 feet vf Lat 5e�en t73 and the Southe�ly
<br /> 7'I.5� feet af Lot Eight �8�, al! in Bla�k �ne Hundred Seven ��Q7y, Railroad Add�tion to the
<br /> ��ty of �rand Is�and, Hall Caunty, Nebraska
<br /> The Real Prvperty or its address is cvmmvnly known as 7D2-7�8 IN 'I st St. Grand �sland, NE
<br /> fBSD'1. The Real Property tax id�nt�fication numher is 4D��8�'!7�.
<br /> CRaSS-GOLLATERALIZATI�N. In addition �o the Note, �his Deed of Trust secures al� obliga�ions, debts and fiabilities,
<br /> p�us inter�st�herean, of Trustor to Lender, or any one or more of th�m, as well as all c�aims by Lender against Trustor
<br /> or any one ❑r more �f them, whether now existing or hereafter arising, whether related flr unrelated to �he purpose �f
<br /> �he No�e, whe�her �oluntary ar o�herwise, whether due or not due, direct or indirect, determined or und�termined,
<br /> absolute ar contingent, liqu€dated or unliquidated, whe�her Trustor may b� liable ind��idually or join�ly with others,
<br /> whether ohliga�ed as guarantor, sur�ty, accommodation party o� otherwise, and whethe� reco�ery upon su�h amounts
<br /> may be v�hereafter may become barred by any statute of lirnitat�ans, and whether�h�abliga�ion to repay such amoun�s
<br /> may be or hereafter may became otherw�se unen�orceable.
<br /> FUTURE ADVANCES. [n add�tion�o the Note, this ❑eed of Trust secures al�future ad�ances mad� �y Lender to Trus�ar
<br /> whether or no� the ad�ances are made pursuant �to a commitment. Speci�Fically, without limitati�n, this Deed o# Trus�
<br /> secures, in addition to the amounts specified in th� No�e, af� �uture amounts Lender �n its discretion may loan �v
<br /> Trustor, t�gether with all interest�here�n.
<br /> Trustor presen�ly assigns to L�nder �a[s� knawn as Benefi�iary €n this Deed o� Trus�y al� o# Trustor's righ�, title, and
<br /> interes� in and �a a�� present and fu�ure �eases ❑fi the Prvperty and all Rents �rom �h� Proper�y. In addition, Trustor
<br /> grants�o L�nder a Unifarm Commercial Code se�urity interes�in the Personal Property and Rents.
<br /> THIS DEED �F TRUST, INCLUDING THE A551GNN1ENT DF RENTS AND THE SECURLTY 1NTEREST �N THE RENTS AND
<br /> PERS�NAL PR�PERTY, 15 GiVEN T❑ SE�URE �A} PAYMENT ❑F THE INDEBTEDNESS AND tB} PERF�RMANCE C�F
<br /> ANY AND ALL aBLIGATI�NS UNDER THE NQTE, THE RELATED D�CUMENTS, AN❑ TH15 ❑EED �F TRUST. THIS
<br /> DEEI7 �F TRUST IS GIVEN AND AC�EPTED C]N THE FDLL�WING TERNiS:
<br /> PAYMENT AND PERFORMANGE, Except as otherwise pro�ided in this Deed �f Trust, Trustor shal� pay t� Lender all
<br /> amounts secur�d by this Deed �f Trust as they be�ome du�, and sha[[ strictly and in a timely manner p�rfarm all af
<br /> Trustor's obligations under the Note, this Deed o�Trust, and the Related Documents.
<br /> P�SSESSIDN AN❑ MAINTENANCE �F THE PR�PERTY. Trustor agr�es tha� Trustor's poss�ssion and use af the
<br /> Property shall be governed �y the�o6lowing pro�isions:
<br /> Pvssessian and Use. Until the occurr�nce of an Event af De�ault, Trus�or may �1 y remain in possession and
<br /> Gontrol of the Property; �2y use, vperate or manage th� Proper�y; and �3� coliect th� Rents�rom�he Property.
<br /> Duty to Ma�ntain. Trustor shai� maintain th� Property in tenan�abl� condi�ion and promptly perform af[ repairs,
<br /> replac�ments, and maintenance necessary to preser�e i�s�a�ue.
<br /> Cvmplian�e Vllith Environmental Laws. Trustvr represenis and warrants to Lender that: t�� During the period of
<br /> Trus�or's �wnership of the Praperty, there has been no use, generation, manu#acture, storage, treatment, dispasal,
<br /> releas� or threaten�d rel�ase of any Hazardous Substance by any pers�n on, under, abaut or from the Property;
<br /> ��} Trustor has no knvwledge of, or reason �o beiie�� tha��here has been, except as pre��ously disclosed �o and
<br /> aGknowfedged by Lender in writing, �a3 any breach ❑r �iolativn af any En�ironmenta� Laws, �b3 any use,
<br /> generation, manufacture, storage, treatment, disp�saf, release or th�eatened re�ease af any Hazardous 5ubstan�e
<br /> on, under, ahout or �rom �he Property by any prior owners or vc�upants of the Property, o� {c� any actual or
<br /> threatened [it�gativn or claims o� any kind by any pers�n relating to such matters; and �3� Except as pre�iously
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