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<br /> DEED OF 7RUST WITH FUTURE ADVANCES
<br /> THIS DEED OF TRUST, is made ae of the 2nd day of Augtist �g 99 ,by and art�dfip \
<br /> the Trustor, MID-PLAINS CENTER FOR BENAVIORAL HEAITHCARE SERVICES, 1NC.
<br /> . - � �
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<br /> whose mailing eddrese is PO BOX 1763 GRAND iSLAND NE 68802-1 763 (herein "Trustor," whether one or mer8),
<br /> the Trustee, THE OVERLAND NATIONAL BANK OF GRAND ISLANO
<br /> whose mailing address is P 0 BOX 1688 GRAND ISLAND NE 68802 (herein "Trustee"), And
<br /> the Beneficiary, rWF nvFai eun ue�tnue� afur nF r.aaun ici eue
<br /> whose meiling edd►esa ia P O BOX 1688 -- GRAND ISLAND NE 6880 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to
<br /> M1D-PLAiNS CENTER FOR BEHAVIORAL HEALTHCARE, SERVICES, INC.
<br /> (herein "gorrower", whether one or mora) and the trust hereih created, the
<br /> receipt of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and essigns to Trustee, IN TRUST, WITH
<br /> POWER OF SALE, for the benefit and security of Lender, under a�d subject to the terms end conditions hereinafter set forth, the real
<br /> property, described as follows:
<br /> LOTS THREE (3), FOUR (4) AND FiVE (5) 1N BLOCK ELEVEN (11) 1N TNE ORIGiNAL TOUN, NOW CtTY, OF GRAND fSIAND, NALL COUN1i
<br /> NEBRASKA.
<br /> PROPERTY AObRESS: 615 NORTH E�'LM GRAND t§LAND, NE 6$801 �'
<br /> Together with all buildings, improvemen�s, fixtwes, streets, alleys, passageways, easements, rights, privil�ges end �ppurtenA�Sces
<br /> (ocated thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereo�, and such personal
<br /> property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating and cooling equipment;
<br /> and together with the homestead or marital interests, if eny, which interests are hereby released and waived; ell of which, including
<br /> replacements and additions thereto, is heteby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of
<br /> the foregoing being referred to herein es the "Property".
<br /> This Deed of Trust shall aecure(a)thb peyment of the principal euM end interest evidenced by e promiesory note er ct!ldit
<br /> agreement dated Au9ust 02, 1999 ,I�aving a maturity dat�of _ �ebruBrY 02, 201G
<br /> in the original principal amount of S 122.000.00 , and ehy and all modificatiohs, Axtbnsion3 And rbneWals
<br /> thereof or thereto and any and all future advances and readvances to Borrower (or any of them if more than one) hereunder pursuant to
<br /> one or more promissory notes or credit agreements (herein called "Note"); (b) the payment of other sums advanced by Lender to protect
<br /> the security of the Note; (c1 the performance of all covenants and agree�nents of Trustor set forth herein; and (d) all present and future
<br /> indebtedness and obligations of Bor►ower (or any of them if more than one) to Lender whether direct, indirect, absolute or contingent
<br /> and whether a��ing by note, guaranty, overdraft or otherwise. The Note,this Deed of Trust and any and ell other documents that secure
<br /> the Note or otherwise ex�cuted in connection therewith, including without limitation guerantees, security agreements and assignments
<br /> of leases and rents, shell be referred to herein as the "Loan Instruments".
<br /> Trustor c.`bvenahts and agrees With LenddtY bs follows:
<br /> 1._paym'�i t of Indebtedness. A�I indebtetlriesa secured hereby shal)be paid when due.
<br /> 2.Title.`�rustor is the owner of the Property,has the right end authority to convey the Property, and warrants that the lien creAted
<br /> hereby is a first and prior lien on the Property, except for liens and encumbrances set forth by Trustor in writing and delivered to Lender
<br /> before execution of this Deed of Trust, and the axecution and delivery of this Deed of trust does not violate any contract or other
<br /> obligation to 1Ahich Trustor ia subject.
<br /> 3.Texes,Aeaeaamen4if. To pay bafore delinquency all taxes, special essbsgmants and all other charges against the F�roperty novV or
<br /> hereafter levied. ,�
<br /> 4. Ineureti�e. To keep the Property ir.sut�sd agains2 dama�a �y iire, hazards, included within the term "extended covtlr9ge", And
<br /> such other hatards as Lender may require, in amounts and with companies ecceptable to Lender, naming Lender as an additionel nafhed
<br /> insured, with loss payable to the Lender. In cese of loss under such policies, the Lender is euthorized to adjust, collect end compromise,
<br /> al) claims thereunder and shall have the optioh of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby
<br /> and in such order as Lender may determine, (il) to the Trustor to be used for the repair or restoration of the Property or(iii) for any other
<br /> purpose or object satisfactory to Lender without affecting the lien of this Deed of 7rust for the full amount secured hereby before s�ch
<br /> payment ever took place. Any applicetion of proceeds to indebtedness shall not extend or postpone the due date of any payments under
<br /> the Note, or cUre any default thereunder or hereunder.
<br /> 5. Eacrow�Upon written demend by Ldnder,Trustoi shall pay to Lender, in such manner as Lender may designate, sufficient 9lmis
<br /> to enable Leriaer to pay es they beoome du� one or more of the following: li) all taxes, assessments and other chargas against the
<br /> Pfop9rty, (ii) tha premiuma on tho p►operty ineurance required hereunder, and (iii) the premiums on any mortgage insurance �equired by
<br /> Lender.
<br /> 8. Meintbf�ance, Repeirs and CbmplianC� with Laws. Trustor shell keap the Property in good condition end repair; ahell promptly
<br /> repair, or replace any improvement which mdy be damngPd or desttoyed; shall not commit or permit any waste or deterioration of the
<br /> Property; shall not remove, demolish or substantielly alter eny of the improvements on the Property; shell not commit, suffer or permit
<br /> any act to be done in or upon the Property in violation of any law, ordinance, or regulation; and shall pay and promptly discharge at
<br /> Trustor's cost and expense all liens, encumbrances and charges levied, imposed or assessed against the Property or any part thereof.
<br /> NBC3467A INonpdetAturN DeeAI Rev.12/9� . „ _ ,;t.;,. !
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