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<br />WHEN RECORDED MAIL TO:
<br />Two Rivers Bank & Trust
<br />Regency
<br />4500 Westown Parkway, Suite 150
<br />West Des Moines. IA 50266
<br />•Two RIVERS
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<br />Your Bridge to the Future
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<br />FOR RECORDER'S USE ONLY
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<br />MORTGAGE
<br />MAXIMUM LIEN. The lien of this Mortgage shall not exceed at any one time $1,180,000.00.
<br />THIS MORTGAGE dated September 21, 2018, is made and executed between Grand Dental
<br />Holdings, LLC, an Iowa Limited Liability Company, whose address is 5812 River Parkway NE,
<br />Cedar Rapids, IA 52411 (referred to below as "Grantor") and Two Rivers Bank & Trust, whose
<br />address is 4500 Westown Parkway, Suite 150, West Des Moines, IA 50266 (referred to below
<br />as "Lender").
<br />GRANT OF MORTGAGE. For valuable consideration, Grantor mortgages and conveys to Lender all of Grantor's right,
<br />title, and interest in and to the following described real property, together with all existing or subsequently erected or
<br />affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights,
<br />watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties,
<br />and profits relating to the real Property, including without limitation all minerals, oil, gas, geothermal and similar
<br />matters, (the "Real Property') located in Hall County, State of Nebraska:
<br />Lots Seven 17) and Eight (8), Block Sixty (60) in the Original Town, now City of Grand
<br />Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 604 & 612 W 3rd Street, Grand
<br />Island, NE 68802.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Mortgage secures all obligations, debts and liabilities, plus
<br />interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or
<br />any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the
<br />Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute
<br />or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, whether
<br />obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or
<br />hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or
<br />hereafter may become otherwise unenforceable.
<br />Grantor presently assigns to Lender all of Grantor's right, title, and interest in and to all present and future leases of the
<br />Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />FUTURE ADVANCES. In addition to the Note, this Mortgage secures all future advances made by Lender to Grantor
<br />whether or not the advances are made pursuant to a commitment. This Mortgage secures, in addition to the amounts
<br />specified in the Note, future advances in the amount of $1,180,000.00, together with all interest thereon, which future
<br />advances Lender is obligated to make so long as Grantor complies with all the terms and conditions of the Note or other
<br />loan agreement; however, in no event shall such future advances (excluding interest) exceed in the aggregate
<br />$1,180,000.00.
<br />THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS MORTGAGE. THIS
<br />MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Mortgage, Grantor shall pay to Lender all
<br />amounts secured by this Mortgage as they become due and shall strictly perform all of Grantor's obligations under this
<br />Mortgage.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Grantor agrees that Grantor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Grantor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Grantor shall maintain the Property in tenantable condition and promptly perform all repairs,
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