|
rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> � �orn � � o
<br /> o �z � � z� � �
<br /> � �� � � �z � �
<br /> `�' z� �' � �rn � z
<br /> cr �� � � �ov � cn
<br /> �� rn �� �
<br /> rn� � � =c�r� � �
<br /> �� � C
<br /> � r �
<br /> cr� r�
<br /> �o � .�.� Z
<br /> o� � � �
<br /> � � Z
<br /> �
<br /> 1NHEN RE��RDED IViA�L T�:
<br /> Exchange Bank
<br /> G!�A�len ❑ri�e Branch
<br /> '12�4 Allen Dr
<br /> P� Box 5793
<br /> �rand Island, NE 688�2 FDR RECDRDER'S IJSE�NLY
<br /> DEED �F TRLJST
<br /> THIS DEED �F TRUST is dated March 2�. ���7, ara�ang Huff H�me 5vlutions LLC; A Nebraska
<br /> Limited Liab��ity Company �"Trustvr"�; Exchange Bank, whose address is GI - AIle� Drive
<br /> Branch. �2�4 Allen Or, P� Box 5793, Grand lsland, NE 6$8�2 tref�rred to bel�►n► ��metimes
<br /> as "L�nder" and sometimes as "Beneficiary"�; and Exchange Bank, wh�se address is P�B 7��,
<br /> �ibban, NE fi8�4� �referred tfl below as "Trustee"�.
<br /> CQNVE1�Ie1NCE AND GRANT. For Wafuable �vnsidera'tian, Trustar cvnveys to Trustee in�trust. W�TH P�VIIER �F SALE.
<br /> for the benefit vf Lender as Bene�i�iary, all of Trustor's right, title, and interest in and to the fol�owing described real
<br /> proper�y, together with a11 existing or subs��uently erected or affixed buildings, impro�ements and �ix�ures; a�l
<br /> easements, righ�s ❑� way, and appur�enances; a�� wa�er, water r�ghts and ditch rights �including stock in utilifiies with
<br /> ditch vr irrigation �ights�; and all other rights, rayalties, and profits re�at�ng �v the real property, including wi�hout
<br /> I�mi�ation a�1 minerals, oil, gas, geo�herma� and similar matters, �tne "Rea� Prvperty"� Iocated �n Ha�l Caur�ty.
<br /> State af Nebraska:
<br /> Lat �, Fract�onal B�ock 8, Wvadbine Add�tian to the �ity of Grand lsland. Hall County.
<br /> Net�raska
<br /> The Real Praperty or its address is �ommonly knor►un as ��D7 VIJ Di�ision 5t, Grand ls�and. NE
<br /> �88D3. The Rea� Property tax identif�cation number is 4��'142937.
<br /> GR�SS-��LLATERALiZATIQN. In addit�on �a the N�te, this Deed a�Trust secures al! obligations, debts and [iabilities,
<br /> plus interest thereon, vfi Trustor#o Lender, or any one or more of them, as well as a!f claims by Lender against Trustvr
<br /> or any one o� more o�them, whether now existing ar hereafter arising, whether related or unre�ated tv the purpose of
<br /> the Nvte, whether �o�un�ary or otherwise, whether due ar nat due, dire�t or indire�t, determined a� undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whethe� Trustor may be lia�le indi�idually or jvintly with others,
<br /> rrvhe�her obiigated as guarantor, surety, a��ommadation party or otherwise, and whe�he� reco�ery upon such amaunts
<br /> may be or hereaf#�r may become harred by any s�a�ute vf limitations, and whether the ob�igation�v repay such amounts
<br /> may be o�hereafter may becom�atherwise unenforceab�e.
<br /> FUTURE A�VANGES. �n addition to�he Nate, this Deed o�Trust secures al!�uture advances made by Lend�r to Trustor
<br /> whether or nvt the ad�an��s ar� made pursuan� to a commitment. Specifically, withaut limitation, �his Deed of Trust
<br /> s�cures, in addit��n to �he amounts specif�ed in the Note, all future amoun�s L�nder in i�s discretion may loan to
<br /> Trustar, tagether wi�h all interes��herean.
<br /> Trusto� present�y assigns t❑ Lender 4a�so known as Beneficiary in this Deed o� Trust} all of Trusta�'s righ#, title, and
<br /> in�e�est in and to all pre�ent and �uture leases o� the Prvperty and all Rents �rom the Property. In addi#ion, Trus�vr
<br /> grants to Lender a Unif�rm Cammercial Code se�urity in�erest in the Persanal Praperty and Rents.
<br /> THIS DEED QF TRUST, INCLUDING THE ASSIGNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERS�NAL PR�PERTY. �S G�VEN T� SECURE �A� PAYMENT ❑F THE INDEBTEDNESS AND 4B� PERF�RMANCE �F
<br /> ANY AND e4LL �BLI�ATI�NS UNDER THE N�TE, THE RELATED D�GUN�ENTS. AND THfS DEEa �F T�UST. TH1S
<br /> DEED❑F TRUST l5 GIVEN AND AC�EPTED C3N THE F�LLUWiNC TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as atherwise pra�ided in this �eed o� Trust, Trus�tor sha�l pay to L�nder all
<br /> amounts secured by �his Deed of Trust as they become due, and shall stri�tiy and in a timefy manner perform all af
<br /> Trustor's obfigativns under the Note, this Deed o�T�us�, and the Related Dvcum�nts.
<br /> P�3S5ESSIflN AND MA�NTENANCE aF THE P�QPERTY. Trusfiar agrees that Trus�or's possession and use of �he
<br /> Property shall he go�erned by the f�llowing pro�isions:
<br /> Poss�ssion and Use. Unti� the oc�urrence of an E�rent ❑� Default, Trustor may 4�y remain in possession and
<br /> contro!❑f the Proper�y; �2f use, operate or manag�the Property; and 43y colleGt the �ents from the Praperty.
<br /> Duty to Niaintain, Trustar shall maintain the Property in tenan�able cvndi�ion and pramp�ly perfvrm a11 repairs,
<br /> replacements, and maintenance necessary tv preser�e its�alue.
<br /> �ompliance Vll�th En�rirvnmental Laws. Trusto� represents and v►►arrants to Lender that: t 13 During the perivd of
<br /> Trustor's awnership af the Pr�perty, there has been no use, genera�ion, manu�ac�ure, storage, treatment, disposal,
<br /> release or threa�ened release o# any Hazardous 5ubstance by any pers�n an, under, about o� fram the Prvper�y;
<br /> �2} Trustor has no knowledg� o#, ar reasan ta �elieve that there has �een, except as pre�iously disclosed to and
<br /> acknow�edged by L�nder in writing, �ay any breach ar �io�ation of any En�ironmental Laws, �bf any use,
<br /> generation, manufa��ure, storag�, treatment, dispvsal, r�leas� or threatened release of any Ha�ardaus Substance
<br /> on, under, about or f�om rhe Property by any p�ior owners or occupants of the Property, or 4c� any actual or
<br /> threatened liti�a'tion or claims of any kind by any person relating �o such matters, and 43� Ex�ept as pre��vusly
<br /> disclosed�❑ and acknvwledg�d by Lender in writing, {ay neither Trus�or nar any tenan�, cantractvr, agent�r other
<br /> �A
<br /> 1
<br /> �
<br /> +�.
<br />
|