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petroleum by- products or any fraction thereof and asbestos. <br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures, <br />mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real <br />Property. <br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses <br />payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of, <br />consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by <br />Lender to discharge Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's <br />obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust. <br />Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances <br />provision, together with all interest thereon and all amounts that may be indirectly secured by the <br />Cross - Collateralization provision of this Deed of Trust. <br />Lender. The word "Lender" means Exchange Bank, its successors and assigns. <br />Note. The word "Note" means the promissory note dated June 2, 2017, in the original principal amount <br />of $ 150,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications of, <br />refinancings of, consolidations of, and substitutions for the promissory note or agreement. <br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal <br />property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; <br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such <br />property; and together with all proceeds (including without limitation all insurance proceeds and refunds of <br />premiums) from any sale or other disposition of the Property. <br />Property. The word "Property" means collectively the Real Property and the Personal Property. <br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this <br />Deed of Trust. <br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan <br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security <br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter <br />existing, executed in connection with the Indebtedness. <br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and <br />other benefits derived from the Property. <br />Trustee. The word "Trustee" means Exchange Bank, whose address is POB 760, Gibbon, NE 68840 and any <br />substitute or successor trustees. <br />Trustor. The word "Trustor" means GRAND RIVER PROPERTIES LLC. <br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR <br />AGREES TO ITS TERMS. <br />TRUSTOR: <br />GRAND RIVER PROPERTIES LLC <br />671a eth lit, Member of G AND RIVER PROPERTIES LLC <br />By: <br />al`�D <br />ale L. Wieseman, Member of GRAND RIVER PROPERTIES LLC <br />STATE OF NaS \tC <br />COUNTY OF <br />lietx <br />DEED OF TRUST <br />(Continued) Page 8 <br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT <br />1 SS <br />1 <br />On this 2... <br />day of , 20 I/ before me, the undersigned <br />Notary Public, personally appeared David J. Wetherilt, Member of GRAND RIVER PROPERTIES LLC and Dale L. <br />Wieseman, Member of GRAND RIVER PROPERTIES LLC, and known to me to be members or designated agents of the <br />limited liability company that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and <br />voluntary act and deed of the limited liability company, by authority of statute, its articles of organization or its <br />operating agreement, for the uses and purposes therein mentioned, and on oath stated that they are authorized to <br />execute this Deed of Trust and in fact executed the Deed of Trust on behalf qlf th- limited Nabjlity company. <br />By Its <br />Notary Public in and for the p St � a � to of <br />Residing at FXC ik OA1< <br />My commission expires `9 --1 -0 '"),I <br />201V 10 <br />