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DEED OF TRUST 200307054
<br />Loan No: 777743 (Continued) Page 2
<br />THE WESTERLY TEN (10) FEET OF THE NORTHERLY SEVENTY -FIVE (75) FEET, AND THE WESTERLY
<br />FOUR (4) FEET OF THE SOUTHERLY FIFTY -SEVEN (57) FEET OF LOT ONE (1), ALSO THE EASTERLY
<br />TWENTY -SEVEN (27) FEET OF LOT TWO (2), ALL IN BLOCK FIFTEEN (15), IN THE ORIGINAL TOWN,
<br />NOW CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />LOT SIX (6) IN BLOCK FORTY -THREE (43), OF RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />LOT ELEVEN (11) IN HIDDEN LAKES SUBDIVISION NO. TWO (2), BEING A PART OF THE SOUTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (SE1 /4NE1/4), AND PART OF THE NORTH HALF OF THE
<br />NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (N1/2NE1/4SE1/4) OF SECTION THIRTEEN (13),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />LOT EIGHT (8), IN BLOCK TWENTY -SEVEN (27), IN THE ORIGINAL TOWN, NOW CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />THE NORTH SIXTY FOUR (64) FEET OF LOT FOUR (4), BLOCK TWENTY SEVEN (27), ORIGINAL TOWN,
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />WEST ONE -HALF (W1/2) LOT FIVE (5) BLOCK NINE (9) ORIGINAL TOWN OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />THE SOUTHERLY FIFTY -TWO (S52') FEET OF LOT ONE (1) IN BLOCK EIGHT (8), ORIGINAL TOWN OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />LOT ONE IN BLOCK SEVENTY (70), IN WHEELER AND BENNETT'S SECOND ADDITON TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA '
<br />THE NORTHERLY FIFTY FEET (N50') FEET OF LOT EIGHT (8), BLOCK NINETEEN (19), ROLLINS ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 822 N KIMBALL, 908 W KOENIG, 814 N SYCAMORE,
<br />407 W 6TH, 322 W 11TH, 239 S LAKESIDE DR, 422 E 4TH, 403 E 5TH, 324 W 6TH, 614 N LOCUST, 121 E
<br />4TH, 374 N CLARK, GRAND ISLAND, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Borrower to Lender, or any one or more of them, as well as all claims by Lender against Borrower or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower
<br />or Trustor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and
<br />whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to
<br />repay such amounts may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all
<br />future amounts Lender in its discretion may loan to Borrower, together with all interest thereon; however, in no event shall such future
<br />advances (excluding interest) exceed in the aggregate $300,000.00.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has
<br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" law, or any other
<br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise
<br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by
<br />exercise of a power of sale.
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