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<br /> WHEN RECARDED RJIAIL�'0: (� x�
<br /> Keamey Stete Bank&Truat Company �Z7' � „ �►�.
<br /> 3016 Secartd Avenue ,
<br /> P.O.Box 1930 • ;�j�
<br /> Kea►116y�NE BEB�S .tr.�r:lti:;�-
<br /> . .�ep.:�`r T•2�i:
<br /> SEMD TAX NATICES T0: ° - •
<br /> u�,.�-�
<br /> LunQrins Inc ���"`y.�,�--
<br /> 22ot Centrd Avenue ' • �,.`"�="�"'�: .
<br /> Keamey,NE eee47 j' ' -
<br /> SPACE A80VE THIS LINE 18 FOR RECORDER'S USk:QWLY �%'�'—'-�"a=:_---
<br /> :-.°_-�'°-,s�,;•.:
<br /> DEED OF TRUST �����`����
<br /> ;.
<br /> ,:�:----
<br /> THIS DEED OF TRUST IS DA7ED DECEMBER 16, 1994� emong Lungrtna I�c,A Nefxeska CorporAtion�whosa � - ---
<br /> address is 2201 CeMrel Avenue� Kearney,NE 68847(referred to betow es "Trustor"); Kearney State Bank & , �� -
<br /> Trust Compeny,whose nddreaa is 3015 Seconoi Avenue�P.O.Bax 1930� Kenrney, NE 68648(reterred to below �-� ..
<br /> sometimea as "Lender" end aometlmea ea "Beneficiery"); end Kearney Stete Ba�k&T�uat Coenpany�whoae �-
<br /> aadresa is suib�econo dvenue, eiearney�riE oiHi4is�reieRed io oetow aa�rusiee"j. -
<br /> CQHVEYANCE AND GRANT. For vatuabte consldEratlon,Trustor conveys to Trostee In 4Nat, WITH POWER(iF SALE,for the benellt of �
<br /> Lend�t 08 BCneflclOry, ail of Trustor's right,title,artd inlerest in and to the tolluwinp desCribed real property, topether wlth all existinp or
<br /> subsequently erected or atfixed bulldings,Improvements and tixtures;all easements,rights of way,and appurtenances;all v�eter,water rlghts end '
<br /> difch rtghts(Inciuding stock In utilities wllh ditch or Irtigallon dqhis);and all other rights,r�oyaiHes end roflts relating to tho real prope Including
<br /> without Ilmitation all minarals,oii, gas,geothermal and simllar matters, IOCBt@tl Itl MSII G�OU11�}l, Stete of Nebraske (t�e "R881 ��
<br /> PrOperty"): i• � r
<br /> t '•�`
<br /> See Atteched 4th(bit A: •
<br /> „ ;;,,.t;o
<br /> The Reel Property or its addreas ta cflmmonly known as 115 West 3�d Sireet,Gre�d Islend,NE 68801. �� �'+'
<br /> Trustor presenlly esslgns to LOnder(also known ns Beneliciary In thls Deed of Trust)all 01 Trustors right,title,nnd Interest In and to flll present and (rjl � •= �A��
<br /> (uture leases of the Property and all Rents from the Proparty. In addltlon,Trustor prants Lender a Unitorm Commerclal Codo security Interest in the " '"'�-
<br /> Rents flnd the Pe+sonal Prope�ty deBned below. '� `'
<br /> w�'.
<br /> DEFINITIONS.The followinp words 8hali have Ihe following meanings v�hen used In lhis Daed of Trusf. Terms not othervvlse defined In this Dt�ed o} �
<br /> Trust shall have the meanings attributed to such terms In the Unitorm Commerclal Code. All references to dollar amounts shnll moan emounts In
<br /> lawful money of the United Stales of Amedcn. � •!•
<br /> •, .r
<br /> Beneticlery. The word"Bene(fclary'means Kearney Stato Bank 8 Trust Company,ils successors and esslgns. Kearney StBte Bank�Trust �
<br /> Company also is relerred lo as lendor'in Ihls Dead of Trust. � ;:
<br /> Deed o}Trust. The words "Deed of Trust" mean Ihis Deed of Trust emong Trustor,Lender,and Trustee,and Includes without Ilmltatfon all � �`•
<br /> assignment and seCUrity Intorost provislons relating to tho Personai Property and Rents. � ��, r
<br /> • Gutuantor. The word'Yivaranto�'means and InCludes without Ilmftptlon eny and ali guarflntors, suretles, and accommodatlon partles in �
<br /> connecBan with ihe Indebtedneu. ;
<br /> � Improvementa. The ward "Improvements" means and includes without iimitatlon nll exlsiing nnd tuture improvemonts, fixtures, bulldings, �
<br /> structures,mobile homes a4fixed on the Reat ProUerty,feciiities,additions,repiacements and othor construcBon on tho Roal Property.
<br /> IIndebtedness. The word"I ndebtedness"means all princfpal and Interest paynbie under the Note end eny amounts exponded or advuncnd by
<br /> , Lender to discharpo obligatfons ot Trustor or o�ensos Incurred by Trustee or Lender to enforce obligatiuns ot Trustor under thls Deed of Trust,
<br /> together wlth Interest on such amounts as provided In thls Deed of Trust. In additlon to Ihe Note, the word 9ndobteGness"Includes atl
<br /> obtlgatlans,debts and Ilabllitles,plus Interost thereon,of Trustor to Lendor,or any ane or moro of lhem,tis well as oil clalms by Lender agalnst
<br /> Trustor,or uny ono or mao of ihem,whoth9r now existing or horeuHer arising,whether reintod or unreiated to tha purpose ot the Note,whather
<br /> voiuntary or otherwise,whether due or not due,absolute or Contingont,Iiquldatod or unliquldatod and whe+her Trustor may be Ilable Individuafiy
<br /> or jolnUy with othors,whather ot�lignfed es guarc�ntor or otherwlse,end whethor rocovery upon such Indebiedness may bo or hereafler may
<br /> bccomn berred by nny slatute of Iimltatlons, nnd whelher such Indebtedness may be or herea�ter may become otherwiso unenforceable.
<br /> • Speciiicalty.without Ilmltatton, this Deed of Trust cecures n revotving Iine ot credlt,whtch obllgates Lender to moko odvences to
<br /> Truator so long es Truator camplles wilh all the terms of the Note.
<br /> • ; Lender. The word tendor"menns Kearnoy Stale Bank 6 Trust Compttny,its suCCessors and nssigns.
<br /> NoYe. The word"NOte"meana the Note dated Qecemhor 16,1994,In the Rr(ncipa! emount of S72,1}00.00 from Trustor to Lender, ,
<br /> , together with flll renewnls,extenstons,modfflctttlons,refinanCings,and substltutians for the Noto. The maturity duto of Ihis Deed of Trusl is
<br /> !
<br /> Pa►conal Property. The words "Personel Proport�/'moan ali equlpment, lixtures,and other articles of porsonal properly now or hereatter
<br /> owned by Trustor, and now or herestter attnchod or aHixed to tho Real Property; togather wHh all nccosslons, parts,end addilions to,all
<br /> repiflcomonts of, 8nd eA substitutions tor, any of such property;and togother with nll proceeds(Including �vithout Ilmitatlon 811 Insurnnca
<br /> � proceods and relunds of premlums)from eny sale or other disposftlon of the Property.
<br /> •, Property.The word"Proporty'maans COIIgCti��ey the Real Property and the Personal Properry.
<br /> � Real Properry. Tho wor05"Rosl Proporty'mean tho propsrty,Intttrosts and rights described above In tho"Convoyance and GrunP sechon.
<br /> Related Documenis. TAO words'fiolatod Uocumonts' mean and inclutle without limitation all promissory notos, crodif aQreemenls, loan
<br /> , ugrepmonts,onvironmontpl ctgroaments,guarnnlios,5ecurfty agreements,mortQagas,deods ot Irust,and all other Instruments,agreements and
<br /> do�umonts,whathar now or horeattor oxisline,oxeCUted In ConneCtlon w�th the Indebtodness.
<br /> , � Rei�tb. Tfie word'Renis'mttans all prG;ent end tulure rents,revonuas,income,issues,rayn`�es,prolits,and othor benefds donved Irum Ihe
<br /> Proparty.
<br /> TrueSCe. Tho word"rrusioo"moans Kearnoy Statp Bonk 8 Trust Company and any substitute or succossor trusteas.
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