|
rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> � �orn � � o
<br /> o �z � � z� � �
<br /> � �� � � �z � �
<br /> 1' z� �' � �rn � z
<br /> 00 �� p � �ov � U]
<br /> �� rn �� �
<br /> rn� � � =c�r� o�o �
<br /> �o � � � �
<br /> cr� r�
<br /> �� � �� rn
<br /> o� � � �
<br /> � �' z
<br /> 0
<br /> VIIHEIV RE�QRDED MAIL TO:
<br /> Exchange Bank
<br /> G�-All�n�ri�e Bran�h
<br /> "I�04 Allen ❑r
<br /> P� Box 5793
<br /> Grand lsland, NE ,688�2,,,,,_„ �_,�,,,,..,,...,.�_�.��� �_�.,_.�,..�...,_.�. �_��,�.�.�_�.�._.F[]R_RECORDER`5„US,E�NLY
<br /> DEED �F TRUST
<br /> TH15 DEE❑ �F TRUST is dated Apr�l �7. 2�'17, amang Brickmark Properties LLC; A Nebraska
<br /> Limited L�ability �ampany �"Trustvr"�; Exchange Bank, whose address is GI - Al�en Dri�e
<br /> Branch, '12D4 Allen D�r, P� Bvx 5793, Grand Island, NE ��8�� 4referred to belv►nr somet�m�s
<br /> as "Lender" anc! svmetimes as "Benefic�ary"�; and Exchange Bank, r�vhose address �s P[]B 7�fl,
<br /> Gih�an. NE �884[3 treferred to bslow as "Trustee"�.
<br /> C�NVEYANCE AND GRANT. Fvr valuabl� cansideratian, Trustor con�eys to Trus�ee in trust, WiTH P�WER C]F SALE,
<br /> far �h� bene#it ❑f Lender as Benefi�iary, all of Trustor's right, title, and interes� in and t❑ �he fo�lowing described real
<br /> praperty, tog�ther with all existing or su�sequen�ly ere�ted ar affixed buildings, imprv�ements and fixtures; all
<br /> eas�ments, rights of way, and appu�tenances; all water, water rights and di�ch r�ghts tincluding stock in ut�lities with
<br /> ditch or irrigativn rights�; and al� other rights, rayal#i�s, and profits re�a�ing �o the real property, includ�ng with�ut
<br /> 1im�tativn al� minerals, oil, gas, geo�hermal and similar matters, �the �'Reaf Property"� located in Ha�� County,
<br /> 5tate of Nebraska:
<br /> Suite Na. S��enteen �'17�, "B" Vllindsor Square Condominium Prvperty Regime, heing part
<br /> of Unit Two ���, Lot Twa �2�, Black Eight 48j. Replat, Cvntinenta� Gardens, an Addition tv
<br /> the City e�f Grand Island, Hail County, Nebraska and �arage "a", Allen� Vllindsor Square
<br /> Condomin�um Property Regime, be�ng part of Unit �ne 4"!�, Lot Two ��3, Block E�ght �5�.
<br /> Replat, Continental Gardens, an Additian tv the �ity af Grand Island, Hal� County. Nebraska
<br /> The Rea� Prope�rty or its address is commanfy known as 3��7 Vll Cap�ta� A�e #'17, Grand
<br /> Island, IVE ��8D3. The Real Prvperty tax identification number �s 4aQ 14'I QB�: 4Q�'I 4Q977.
<br /> CRflSS-C�LLATERALIZAT�QN. In addition to the Note, this Deed vf Trust secur�s ali obligatians, debts and liabilities,
<br /> plus interest thereon, af Trustor to Lender, o� any one ar more of them, as well as a11 claims by Lender aga�ns�Trust�r
<br /> vr any one ar more ❑�them, whether naw exis�ing �r hereafter arising, whether related o� unr�lated to the purpvse a�
<br /> �he No�e, whe�her �ofun�ary �r otherw�se, whe�her due ❑r not due, dire�� o� indirect, determined or undeterm�ned,
<br /> absolute or �ontingent, liquidated ❑r unliquida�ed, whether Trustor may be liabl� �ndivEdually or jointiy with others,
<br /> whe�her obligated as guarantor, surety, accommvdation party �r otherwise, and whethe� recv�ery upon such amounts
<br /> may be�r herea�ter may become barred hy any statute of limitations, and whether the ob�igativn tQ repay such amoun�s
<br /> may h�or herea�ter may �ecome atherwise unen�orceable.
<br /> FUTURE ADVANCES. In addition to the Note, this Deed o�Trus�se�ures all future ad�ances mad� �y Lender to Trustvr
<br /> wh�ther or not the ad�ances are made pursuan� ta a cammitment. 5p�cifically, withou� limitativn, this Deed of Trust
<br /> secures, in addi�ivn to �he amounts speci�ied in the Not�, all future amounts Lender �n its discreti�n may loan to
<br /> Trustor, toge�her with all int�rest thereon.
<br /> Trustor p�esently assigns �o Lender �als❑ knvwn as BenefiGiary in this Deed of Trus�� all o� Trus�or's right, title, and
<br /> interes� in and to all present and fu�ure I�ases of the Property and al1 Rents fram �he Property. ln add�tivn, Trusto�
<br /> grants�o Lender a LJn��orm �ommer�i�l Cade security interes�in the Personal Prape�ty and f��nts.
<br /> TH�S DEED �F TRUST, lN�LU�ING THE A55fGNMENT DF RENTS AND THE SECUR�TY INTEREST �N THE RENTS AND
<br /> PERSDNAL PRflPERTY, IS GIVEN T� SECURE �Af PAYMENT OF THE INDEBTEDNE55 AND �6y PERF�RMANCE �F
<br /> ANY AND ALL QBLlGATI�NS UNDER THE NDTE, THE RELATED DDCUMENTS, AND THfS ❑EED �F TRU�T. TH�S
<br /> DEED�F TRUST I� GIVEN AND ACGEPTED�N THE FQLL�WING TERMS:
<br /> PAYMENT AND PERF�RMANCE, Except as fltherwise pro�ided in this Deed o# �rust, Trus�or shall pay tv Lender all
<br /> amounts secur�d by this Deed af Trust as they be�ome due, and shall strict�y and in a timely manner perf�rm all af
<br /> Trustar's obligations under the Note, this Deed of Trust, and the Rela�ed Do�uments,
<br /> P055ES5��N AND MAINTENANCE �F THE PR�PEf�TY. Trustvr agrees that Trustor's possession and us� o� the
<br /> Property shall be go�erned by�he�ollawing prv�isions:
<br /> Possession and Use. Un�il the ❑ccurrence �f an E�ent af Default, Trus�or may t�} remain in poss�ssion and
<br /> control vf the Property; �2y use, vperate or manag�th� Property; and 43� Gollect the Rents�rom the Proper�y.
<br /> Duty �a Maintain. Trus�or shafl main#a�n the Property �n �enantahle condition and promptly perfarm a�f repairs,
<br /> repiacements, and maint�nance necessary to p�eser�e its�alue.
<br /> �nmplianc� Wi�h Enr►ironmental Laws. Trustor represen�s and warrants to Lende� that: ��� ❑uring the period vf
<br /> Trustor`s ownership o�the Property, there has been no use, generation, manufacture, stvrage, t�ea�ment, dispvsal,
<br /> release or threatened release Q� any Hazardous Substance by any person vn, under, about or f�om the Proper�y;
<br /> �2} Trusto� has no knowledge af, vr reason �v belieUe thafi there has been, except as pre�ivusly disclos�d ta and
<br /> acknowledged by Lender in writing, taf any breach vr �iolation o� any En�i�onmental Laws, tb� any use,
<br /> �
<br /> � �
<br />
|