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201903152
<br />Grand Island, NE 68803 ("Beneficiary" or "Lender"). All capitalized terms shall have the
<br />meaning given to them in the Loan Agreement (as defined below) unless otherwise defined
<br />herein.
<br />WITNES SETH:
<br />ARTICLE I. — GRANTS OF SECURITY
<br />Section 1.1 - Property Mortgaged. TRUSTOR HEREBY IRREVOCABLY
<br />GRANTS, BARGAINS, CONVEYS, TRANSFERS AND ASSIGNS TO TRUSTEE IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, its successors
<br />and assigns under the terms and conditions of this Deed of Trust, all of the following
<br />(collectively referred to as the "Mortgaged Property"):
<br />A. The real property situated in the County of Hall, State of Nebraska,
<br />described in Exhibit A which is attached hereto and incorporated herein by
<br />reference (the "Land"), and all estates and rights of Trustor in and to the
<br />Land, together with: (i) any and all buildings, structures, improvements,
<br />alterations or appurtenances now or hereafter situated or to be situated on
<br />the Land (collectively, the "Improvements"); and (ii) all right, title and
<br />interest of Trustor, now owned or hereafter acquired, in and to (A) all
<br />streets, roads and public places, alleys, easements, rights-of-way, public or
<br />private, licenses, rights of ingress and egress, vehicle parking rights and
<br />public places, existing or proposed, abutting, adjacent, now or hereafter
<br />used in connection with or pertaining to the Land or the Improvements; (B)
<br />any strips or gores between the Land and abutting or adjacent properties;
<br />(C) all options to purchase the Land or the Improvements or any portion
<br />thereof or interest therein, and any greater estate in the Land or the
<br />Improvements; (D) all water, water rights (whether riparian, appropriative
<br />or otherwise, and whether or not appurtenant), wells and well rights, well
<br />permits, springs and spring rights and reservoirs and reservoir rights
<br />appurtenant to or historically used in connection with the Land and all of
<br />Trustor's rights and interests under applicable state or Federal law to all
<br />water, and to use or consent to use all water, contained in or available from
<br />any part of the water -bearing formations underlying the Land, together with
<br />all associated easements and rights-of-way, any and all rights to obtain
<br />water, sewer and other services from service districts, and water stock,
<br />timber, crops and mineral interests on or pertaining to the Land; (E) oil, gas
<br />and other hydrocarbons and other minerals produced from or allocated to
<br />the Land and all products processed or obtained therefrom, and the proceeds
<br />thereof, and (F) all development rights and credits and air rights pertaining
<br />to the Land (the Land, Improvements and other rights, titles and interests
<br />referred to in this paragraph A being herein sometimes collectively called
<br />the "Premises");
<br />B. All fixtures, equipment, systems, machinery, furniture, furnishings,
<br />appliances, machinery, inventory, goods, building and construction
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