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DEED OF TRUST
<br />(Continued)
<br />202601179
<br />Page 8
<br />include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and
<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 BRUNING BANK, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated February 26, 2026, in the original principal
<br />amount of $150,000.00 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 />Prohibited Activities. The words "Prohibited Activities" mean any activity relating to the use, sale, possession,
<br />cultivation, manufacture, storage, distribution, or marketing of cannabis, marijuana, or marijuana -based products
<br />which constitutes in any manner a violation of any applicable federal, state, or local law or regulation, regardless of
<br />whether applicable conflicting law permits the same.
<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 MAS CONSTRUCTION, LLC.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />MAS CONSTRUCTION, LLC
<br />By:
<br />MIKEL A SCHLICK, Member of MAS CONSTRUCTION, LLC
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />STATE OF NOBeAl.Se ►4
<br />COUNTY OF 441ArL-L-
<br />SS
<br />GENERAL NOTARY - State of Nebraska
<br />DAVID RICHARDSON
<br />My Comm. Exp. April 27, 2028
<br />On this Z0-1-" day of Fe+see✓Va P 20 7 G , before me, the undersigned
<br />Notary Public, personally appeared MIKEL A SCHLICK, Member of MAS CONSTRUCTION, LLC, and known to me to be
<br />member or designated agent of the limited liability company that executed the Deed of Trust and acknowledged the
<br />Deed of Trust to be the free and voluntary act and deed of the limited liability company, by authority of statute, its
<br />articles of organization or its operating agreement, for the uses and purposes therein mentioned, and on oath stated
<br />that he or she is authorized to execute this Deed of Trust and in fact executed the Deed of Trust on behalf of the limited
<br />liability company. fl
<br />By DQ ,
<br />Printed Name: j J / 0 2tC404Cz0,S`i /
<br />Notary Public in and for the State of Ake 32r4-FEW
<br />Residing at OtjLLIP 5 A)
<br />My commission expires 4-2 - 20Z6'
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