2� 17� 1171
<br /> re�e�v�ng a loan ��he "Loa�") in the t���.� princ�paX amount of TEN N.[�I�L��N TI-��E �ILJNDRED
<br /> EIGHT TH�USAND SEVEN HUNI]RE]D F�FTY AND N�1��� D�LLA�S �$��,3�8,754.���, wh�ch
<br /> ]L�an ��c�udes the p�r�c�pal amount of E�G�CT �IUNDJE2�]Q F�RTY �`��USA.NI� AND N�II��
<br /> D�LLARS �$S�-Q,4��.a0) for wh�ch Trustor is ir�debted to Benef ciary, an�. whxch indebtedness is
<br /> ev�denced by that cer��.in Promissory N�te dat�d as of�he date�er��f, by Trustor i�fav�r of��ne�c��.ry
<br /> [the"Note"};�nnd
<br /> �HEREAS, Trustor has agreec�t�gr�.t I3e�efic�axy a l�e�on, a.�d secur�.ty��ter�st in, th� Trust
<br /> �raper�r�as def ned belav�)pursu�nt�o the te�s hereof to secure the��debtedness[as defined be�av��.
<br /> N��,THEREF�RE,f�r�he purp�s�of secura�.g: �
<br /> A. Fayment af the Na�e,�ogether vvith anterest�hereon;
<br /> �. P�yr�er�t of�a�e charges and other sums due �de�-the ��rms af the Nate ar�.d th� Loar�
<br /> Agree�ne�t;
<br /> �. Perfarmance, d�scharge of and camp��a�ce w��h every ab��gat�or�., cavenant ax�d
<br /> agree�ent of Trustor�ncorpora�ed by reference ar canta�r�ed he�-ein, or canta�.ned zn th.e Loax�Agreeme�t,
<br /> the Note or�n any of�he dacuments novsr ar hereafte�execu�ed b�Trustar,�ach of the ather�orro�ers�as
<br /> defzned in the L�an Agreemen�� andlar o�hers by ar �� favar of Benef�c�ary, �vhich v�holly or �ar��al�y
<br /> secure or gu�rar�ty payment �f the Note, �h� �ndebtedness ar a.re o�herwise executed and del�ve��d in
<br /> �onnec�xfln w�th the Loan,the same being hereb�made a part��`�his I]��d of�'rust to the sar�a.e exte��a�d
<br /> with the same fvrce as �f fu��� set forth �ierein �a�� of�rh�ch are, together with the Laan Agreeme�t, �he
<br /> Nate and�his Deed of Trust,herei�after cal�ed�h.e"Laan Documen�s");
<br /> I�. Payment of future advanc�s ta be made �.� the �ptian of Benef c�ary a.�d Trust�r,
<br /> pra��ded, hawever, that the maximu�m. indebtedness secured ��reby sha�I never exceed �he amount se�
<br /> for�h in Se�tion 29 hereof;
<br /> E. Payment and performance of any and a�i ob�iga�xons �f�orrowers pursuant to the Loan
<br /> Documents and any��her agreement executed b�any Barrower which�benef�s Benef ciary,t�gether w�th
<br /> Interest thereon, late char�es, prepaymen� penal�ies, any futu.re advan�es, and a�l extens�ans,
<br /> modif ca��ons,substitu.t�ans and renev�als�hereof; and
<br /> F. Payrr�ent of a�� o�her sum�, f�es or char�es, �ogether �i�h ir��erest thereon, advan�ed �o
<br /> protect the secur�ty of�h�s D�ed of Trust and th�perf��-mance of�he covenants and agreements of Trustor,
<br /> whether�r na�set for�h herein,
<br /> al� af whrch are her��nafter, callec��vely, called th� "Ind�b�edn�ss,'� Tr�ustor hereb� �rrevocably
<br /> �varrants,grar�.ts,bargains,sel��,transfers,conveys and assigns to Trus�ee,IN T�US��ITH P�VWER�F
<br /> �AL�E for the beneft and secur�ty of �Benef ciary, under and subject to the ter�ms and condrtions
<br /> hereinafter se� fo�h, a�� righ�, ti�le, claim and interes� of Trustor in and to �he Land, together tiv�th the
<br /> fo��nw�ng prope�-ty, �.ghts, �n�eres�� and es�ates no� awvn�d, or hereafter acqu�red, b}� Trustor�the Land,
<br /> together Wltri such property, ri ghts, in�tere��s and �5�a��5, i s here�n coX 1 ectively referred tfl as the
<br /> "�roperty"�: a�� ��ases, subleases and other agreemen�s affec�xng the use, e�.joy�nent or occupancy of the
<br /> �..;��d andlor the�mprovements�as def�ed beiow)heretofore or hereafter entered into�and al�ex�ensxons,
<br /> r
<br /> arm.endments a.�d modif cat�ons thereto}, whether befare �r after the f���ng by or aga.inst Trustor af any
<br /> pet��ion far re�ief under Cred�tors Rx�h�ts Lav�s�the"Leases"]ar�d a11 r�ght,title and interest of Trus�or,��s
<br /> succ�ssors and ass�gns �herein a�d �hereun�e�-, �nc�ud�ng, �vi�haut Iim��a�ion, alI guaran�ees, �et�ers af
<br /> credi� and an�ather credit suppar�g�ven by any guarantnr, cash or securit�es deposited under the Leases
<br /> to secure the performan�e by th� �essees af their abliga�ions thereunder, and a�� re�ts, add�tional rents,
<br /> 2
<br /> 4$43--1883-3474.1
<br /> EVI Grand�sland
<br /> Deed of T�-ust
<br />
|