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202f2300
<br />DEED OF TRUST
<br />(Continued) Page 8
<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 HOME FEDERAL SAVINGS & LOAN ASSOCIATION OF GRAND ISLAND, its
<br />successors and assigns.
<br />Note. The word "Note" means the promissory note dated April 14, 2026, in the original principal amount
<br />of $3,010,000.00 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 />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 HOME FEDERAL SAVINGS & LOAN ASSOICATION OF GRAND ISLAND,
<br />whose address is 221 S. Locust Street, Grand Island, NE 68801 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means ALEC Legacy Properties, LLC.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />ALEC LEG Y R+ E IES, LLC
<br />By:
<br />By:
<br />Le 7 . H • • : dt, Mana
<br />acy Properties, LLC
<br />Ch d Alliso ="' of ALEC Lroperties, LLC
<br />STATE OF
<br />COUNTY OF
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />eGr
<br />)
<br />SS
<br />On this /' day of 'P(� �/ , 20 .2C , before me, the undersigned
<br />Notary Public, personally appeared Lee A. Hadenfeldt, Manager of ALEC Legacy Properties, LLC and Chad Allison,
<br />Member of ALEC Legacy Properties, LLC, and known to me to be members or designated agents of the limited liability
<br />company that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and voluntary act and
<br />deed of the limited liability company, by authority of statute, its articles of organization or its operating agreement, for
<br />the uses and purposes therein mentioned, and on oath stated that they are authorized to execute this Deed of Trustpnd
<br />in fact executed the Deed of Trust on behalf of the limited liability company.
<br />giN€AAL NOTARY - State of Nebraska
<br />BRANDON BOWLEY
<br />My Comm. Exp. March 1, 2029
<br />By
<br />Printed Name:
<br />Notary Public in rd fos the State of ./vtr,
<br />Residing at // //
<br />My commission expires g �'a9
<br />
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