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<br /> 1NHEN RECt]RDED MAIL T�:
<br /> Exchange Bank
<br /> Gi -Allen Dri�e Bran�h
<br /> '12�4 A�len Dr
<br /> P� Box 5793
<br /> Grand ts�and, NE 688D� F�R RECDRDER'S USE�NLY
<br /> aEE� �F TRusT
<br /> THIS �EED �F TRUST is dated September 3�. 2�16, among Grand Ri�er Properties LLC: A
<br /> Ne�raska Lim�ted Lia�aility Company t"Trusto�"�: Exchange Bank, v►rnase address is GI - Allen
<br /> Drive Branch, '12�4 AIlen Dr. PC] Bax 5793, �rand Island, NE 68��� treferred t� below
<br /> svmetimes as "Lend�r" and sametime� as "Beneficiary"�: and Exchange Bank, ►►vhvs� address is
<br /> QDB 7��. �ibbon, NE 6854� ��eferred tv be�ow as "Trustee'"�.
<br /> ��NVEYANCE AND GRANT. Fvr �aluable �vnsideration, Trustvr conveys tv Trustee in�rust, VIIITH PDINER �F SALE.
<br /> �or the l�enefi� vf Lender as Benefi��ary, all of Trustor's right, title, and interes� in and to the �ollowing described real
<br /> property, togethe� wi�h a�l existing or subsequ�ntly erected ar affixed t�uildings, impra�em�nts and fixtu�es; all
<br /> easements, rights af way, and appu�tenances; a�l wa�er, water rights and dit�h rights 4in�luding stock in util�ties with
<br /> ditch �� irrigatian rights�; and all ather rights, royalties, and prafits reiating �o the real prop�rty, including withaut
<br /> fimitation all m�nerals, ail, gas, geflthermal and similar matters, �the "Real Prvperty'*� �ocated in Hal1 Cvunty,
<br /> 5tate of Nebraska:
<br /> Lot 3, Block 3. Knickrehm Faurth Additivn to the City �f �rand �s�and. Hall County,
<br /> Nebraska
<br /> The Real Praperty or its address is cammonly knawn as 't�� E 2�nd St. Crand Island. NE
<br /> �88�'1. The Real Prvperty tax ident�fication numl�er is 4D��533�5,
<br /> CRDSS-GOLLATERALI�ATI�N. 1n add�tian �v the Note, this ❑eed vf Trust secures all obliga�ions, dehts and liabilities,
<br /> plus interes�thereon, of Trus�or to Lender, ar any one �r mare of�hem, as well as al� claims by Lender aga�nst Trus�or
<br /> ar any ane or more of them, wheth�r now ex�sting or her�a#ter arising, whether re�ated or unrelated to �he purpose af
<br /> the Note, whether �oiuntary or otherwise, whether due vr not due, dire�t or �ndi�ect, determined ar undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whether Trustor may he liable indi�idually or jointly with others,
<br /> v►rhether obligated as guarantar, sure�y, accammodation party ❑r otherwise, and wherher reco�ery upon such amvunts
<br /> may be or h��eaf�er may become barred by any statuts of limi�atians, and whether the obligation to repay such amounts
<br /> may be or hereafter may become otherwise unenforceahle.
<br /> FUTURE ADVANCES. In addit�on to the Note, �his Deed of Trust secures all future advances made k�y Lender to Trustor
<br /> whether vr nvt the ad�ances are made pursuant to a commitm�nt. 5pecifical�y, with�ut limita�ion, th�s ❑eed of Trust
<br /> secures, in additi�n to the amoun�s specified in the No�e, a�l future amounts Lender in its dis�retion may loan to
<br /> Trustvr, tagefiher w�th all interest�hereon.
<br /> Trustor presen�ly assigns �� Lender {a€so known as Beneficiary in this Deed of Trus�} a{I of Trusto�'s righ�, tit�e, and
<br /> interest �n and �o all pres�nt and futur� leases of th� Praperty and all Rents �rom �he Praperty. In addition, Trustor
<br /> grants to Lender a Uniform �ommerciai Code security interest in the Personal Prapsr�y and Rents.
<br /> TH15 DEED�F TRUST, INCLUDING THE ASSiGNMENT�F RENTS AND THE SECURfTY INTEREST 1N THE RENTS AN�]
<br /> PERS�NAL PR�PERTY, �S G�VEN T� SEGURE �Aj PAYNtENT ❑F THE lNDEBTEI]NESS AND tE3� PERF�RNIAN�E 4F
<br /> ANY AND ALL ��LI�ATIDNS UNDER THE N�TE, THE RELATED DC]CUMENTS, AND THIS DEED QF TRUST. TH�S
<br /> DEED QF TRUST IS G1VEN AN❑A�CEPTE❑�N THE F(JLL�WING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as a�herw�se pro�ided in this ❑e�d o� Trus�, Trustor shall pay to Lender a�i
<br /> amoun�s secured by this De�d of Trust as they be�ome due, and shall strictly and in a t�mely mann�r perform all ❑'�
<br /> Trustor's�b�igations under�he Note, this Deed of Trust, and�he Re�ated ❑ocuments.
<br /> PQSSESS��N AND MA�NTENANCE �F THE PR�PERTY. Trus�or agrees tha� Trustor`s passessian and use of the
<br /> Prope�ty sha�� be go��rned �y the following pro�isions.
<br /> Possessivn and Use. Until the oc�urrence af an E�ent of Defau�t, Trus�or may ��y rema�n in poss�ssion and
<br /> �on�rol o�the Property; �2} use, operate or manage the Property; and �3y �o��ect the Rents �rom the Property.
<br /> Duty to Main�ain. Trustor shall mainta�n the Property in �enantable condit�on and promptly perform all repairs,
<br /> replacsments, and main�enan�e ne��ssary to preser�e its�alue.
<br /> Compliance Vllith En�irvnmen#ai Laws. Trustor repr�sents and warrants �o Lend�r that: �1} During the periad of
<br /> Trus�or's ownersh�p of the P�aperty, there has heen no use, g�nerat�on, manufacture, st�rage, trea�ment, disposal,
<br /> release or threatened release of any Ha�ardous 5ubstance by any pe�son vn, under, about a� from the P�op�rty;
<br /> ��} Trustar has no knowledge of, or reason to �elie�e that there has �een, except as pre�i�us�y dis�losed to and
<br /> acknowledged by Lender in writing, �a} any brea�h or �iala�ion o� any En�iranmen�al Laws, ��� any use,
<br /> generation, manufacture, storage, treatment, disposaf, re�ease or threatened release of any Hazardous Substance
<br /> on, under, abou� or from the Prv�er�y by any privr owners or occupants o� �he Proper�y, or �c} any actua� or
<br /> threatened litigation or claims of any kind by any person �eiating �o such mat�ers; and �3� Except as pre��ous�y
<br /> disciosed to and acknowledged by Lender in writing, ta� ne�ther Trustar nor any tenant, �ontractar, agent or oth�r
<br /> �r
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<br /> � �.
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