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202207791
<br />DEED OF TRUST
<br />(Continued) Page 8
<br />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 Equitable Bank, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated November 1, 2022, in the original principal
<br />amount of $350,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications
<br />of, 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 Equitable Bank (Grand Island Region), whose address is 113 N Locust St; PO
<br />Box 160, Grand Island, NE 68802-0160 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means 308 Real Estate, L.L.C..
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />308 REAL ESTATE, L.L.C.
<br />By: J/ '
<br />Taylor D
<br />es, Member' 08 Real Estate, L.L.C.
<br />STATE OF
<br />COUNTY OF
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />/1/e6tds i
<br />/A /7
<br />) SS
<br />On this / day of ,[/t ryy , 20 2Z" before me, the undersigned
<br />Notary Public, personally appeared Taylor D Jones, Member of 308 Real Estate, L.L.C., and known to me to be member
<br />or designated agent of the limited liability company that executed the Deed of Trust and acknowledged the Deed of
<br />Trust to be the free and voluntary act and deed of the limited liability company, by authority of statute, its articles of
<br />organization or its operating agreement, for the uses and purposes therein mentioned, and on oath stated that he or she
<br />is authorized to execute this Deed of Trust and in fact executed the Deed of Trust on behalf of the limited liability
<br />company.
<br />GENERAL. NOTARY - State of Nebraska
<br />PHILLIP WIECK
<br />My Comm. Exp. September 27, 2023
<br />By
<br />PrintelName: ,4 f / ,17/4&
<br />4&
<br />Notary Public in and for the State of /Z
<br />Residing at �j%U'4 .1Gf/(
<br />My commission expires 9/, /113
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