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<br />WHEN RECORDED MAIL TO:
<br />Exchange Bank
<br />Gibbon Branch
<br />14 LaBarre Street
<br />PO Box 760
<br />(Atm. NE 6884Q
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<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated February 7, 2017, among GRAND ISLAND PROPERTIES, LLC; a
<br />Nebraska Limited Liability Company ( "Trustor "); Exchange Bank, whose address is Gibbon
<br />Branch, 14 LaBarre Street, PO Box 760, Gibbon, NE 68840 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary") and Exchange Bank, whose address is POB 760,
<br />Gibbon, NE 68840 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. Fer 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 to the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar. matters, (the "Real Property ") located in HALL
<br />County; State of Nebraska:
<br />The Easterly Sixty Feet (60') of Lot Eight (8), in Block One Hundred Thirty -Nine (139) in
<br />Union Pacific Railway Company's Second Addition to the City of Grand island, Hall County,
<br />Nebraska, and Fractional Lot Eight (8) in Fractional Block Eight (8), in H.G. Clark's Addition
<br />to the City of Grand Island, in Hall County, Nebraska, all according to recorded plats
<br />thereof.
<br />The Real Property or its address is commonly known as 812 N CEDAR ST and 502 -506 W
<br />8TH STREET, GRAND ISLAND, NE 68801. The Real Property tax identification number is
<br />400097966.
<br />CROSS- COLLATERALIZATION. in addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of Trustor to. Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or Indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquideted, whether Trustor may be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES: In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br />whether or not the advances are made pursuant to a commitment: Specifically, without limitation, this Deed of Trust
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender lalso known as Beneficiary in this Deed of Trust) all of Tructor's right, title, and
<br />interest in and to aN 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 (Al PAYMENT OF THE INDEBTEDNESS AND (g) 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 shell pay to Lender ell
<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 ahall 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; (21 use, operate or menage 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 (11 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 hes no knowledge of, or reason to believe that there has been, except as previously disclosed to and
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