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202501016
<br />DEED OF TRUST
<br />(Continued) Page 8
<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 BRUNING BANK, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated February 27, 2025, in the original principal
<br />amount of $116,000.00 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 BRUNING BANK, whose address is PO BOX 100, BRUNING , NE 68322 and
<br />any substitute or successor trustees.
<br />Trustor. The word "Trustor" means GRAND ISLAND APARTMENTS, 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 ISLAND APARTMENTS, LLC
<br />By:
<br />JO DAN T E RSON, Member of GRAND ISLAND APARTMENTS,
<br />LLC
<br />Y L EV RSON, Member of GRAND ISLAND APARTMENTS, LLC
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />STATE OF / - ei 2 A--S
<br />COUNTY OF 't'( 9LLr
<br />SS
<br />GENERAL NOTARY - State of Nebraska
<br />DAVID RICHARDSON
<br />My Comm. Exp. April 27, 2028
<br />On this 2-'7 ` day of rgB/eV /442'L 20 2-1-6- before me, the undersigned
<br />Notary Public, personally appeared JORDAN T EVERSON, Member of GRAND ISLAND APARTMENTS, LLC and JEREMY
<br />L EVERSON, Member of GRAND ISLAND APARTMENTS, LLC, and known to me to be members or designated agents
<br />of the 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 of the lirr�ited liability cpany.
<br />By L.I
<br />Printed Name: l)4 / I D R /c yN. 2 Co saiL.)
<br />Notary Public in and for the State of Nj:/do21 1c64
<br />Residing at PNILL-fPS , NC
<br />My commission expires q — 2 i — 2-0 Z6
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