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13V I1SEW '1'0 <br />eFIPCO <br />© 2019 Wisconsin Bankers Association I Distributed by FIPCC® <br />nn <br />r -r 1 <br />CC <br />N) <br />CD <br />'f) <br />C.J <br />DEED OF TRUST <br />Name and Return Address <br />BLC Community Bank <br />PO BOX 28 <br />LITTLE CHUTE WI 54140 <br />In consideration of the sum of Two Million One Hundred Twenty Thousand Dollars and 00/100 <br />Dollars ($ 2,120,000.00 ), loaned or to be loaned to <br />BDP Grand Island RE, LLC <br />("Borrower," whether one or more), whose address is 717 Eisenhower Dr. STE D. Kimberly. WI 54136 <br />by Beneficiary, evidenced by Borrower's note(s) or agreement(s) dated December 29. 2021 <br />BDP Grand Island RE, LLC, A Wisconsin Limited Liability Company <br />("Trustor," whether one or more) whose mailing address is 717 Eisenhower Dr. STE D. Kimberly. WI 54136 <br />irrevocably mortgages, conveys, transfers, warrants and assigns to O l d Republic N a t i o n a 1 T i t 1 e <br />Insurance Company ("Trustee"), whose mailing address <br />is 704 West 3rd St PO Box 627 Grand Island NR 68802 <br />with power of sale, and grants to BLC Community Bank ("Beneficiary"), <br />whose mailing address is 206 E Main St, PO Box 28. Little Chute, WI 54140 <br />a security Interest in the real estate described below, together with all privileges, hereditaments, easements and appurtenances, all <br />rents, leases, issues and profits, all claims, awards and payments made as a result of the exercise of the right of eminent domain, <br />all existing and future improvements and all goods that are or are to become fixtures attached to or related to the real estate <br />described below (all called the "Property) to secure the Obligations described in paragraph 4 of this Deed of Trust, including but not <br />limited to, repayment of the sum stated above plus certain future advances made by Beneficiary. <br />SINCE THIS DEED OF TRUST SECURES ALL OBLIGATIONS DESCRIBED IN PARAGRAPH 4 IT IS ACKNOWLEDGED <br />AND AGREED THAT THIS DEED OF TRUST MAY SECURE OBLIGATIONS FROM TIME TO TIME IN A DOLLAR <br />AMOUNT GREATER THAN THE DOLLAR AMOUNT STATED ABOVE. <br />This Deed of Trust constitutes a fixture filing under Sections 9-501(a)(1) and 9-502(c) of the Uniform Commercial Code and <br />for this purpose, the following information is set forth: (a) the Trustor Is the debtor and their address is shown on page 1 hereof; <br />(b) the Beneficiary is the secured party and its address is shown on page 1 hereof; (c) this document covers goods which are or <br />are to become fixtures on the real property described herein; (d) the Trustor (debtor) Is the record owner of the real property <br />described herein; and (e) this fixture filing covers proceeds and products of the fixtures. <br />1. Description of Property. <br />Unit Five (5), Park Island Square Business Condominiums, a condominium, Grand Island, Hall County, Nebraska, as shown in <br />Declaration filed as Document No. 202109927 <br />❑ If checked here, and not In limitation of paragraph 4, this Deed of Trust <br />to Borrower by Beneficiary from time to time under the revolving credit <br />above. <br />❑ If checked here, description continues or appears on attached sheet(s <br />❑ If checked here, this Deed of Trust is a "construction mortgage". THIS <br />SECURES AN OBLIGATION WHICH THE BORROWER INCURRED <br />ON THE REAL PROPERTY DESCRIBED HEREIN. <br />❑ It checked here, Condominium Rider is attached. <br />is also given to secure all sums advanced and advanced <br />agreement between Borrower and Beneficiary described <br />)• <br />IS A CONSTRUCTION SECURITY AGREEMENT THAT <br />FOR THE PURPOSE OF MAKING IMPROVEMENTS <br />2. Title. Trustor warrants title to the Property, excepting only restrictions and easements of record, current taxes and assessments <br />not yet due and n/a <br />Page 1 of 4 <br />rn <br />Z <br />-4rn <br />Pro <br />cin <br />c2 <br />