|
DEED OF TRUST
<br />(Continued) Page 8
<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 March 11, 2026, in the original principal amount
<br />of $200,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />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 SHANE ARENDS and LISA ARENDS.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS.
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF /J5.82 NrS1., 4—
<br />COUNTY OF A 1--f—
<br />) SS
<br />GENERAL NOTARY - State of Nebraska
<br />DAVID RICHARDSON
<br />My Comm. Exp. April 27, 2028
<br />On this day before me, the undersigned Notary Public, personally appeared SHANE ARENDS and LISA ARENDS,
<br />HUSBAND AND WIFE, to me known to be the individuals described in and who executed the Deed of Trust, and
<br />acknowledged that they signed the Deed of Trust as their free and voluntary act and deed, for the uses and purposes
<br />therein mentioned. 1 +1 �A`�
<br />Given under my hand and official seal this I day of !v4 wrl2 CH , 20 Z % .
<br />By 1
<br />Printed Name: o ,91i 1 d I C��/1ri20Slt o/
<br />Notary Public in and for the State of A)f.".. 81/4-SE4
<br />Residing at P1{(t� vs 1 iv
<br />My commission expires
<br />
|