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<br />RECORDATION REQUESTED BY:
<br />CerescoBank
<br />130 West Elm
<br />Ceresco, NE 66017
<br />WHEN RECORDED MAIL TO:
<br />CerescoBank
<br />130 West Elm
<br />Ceresi NE 68017
<br />SEND TAT( NOTICES TO:
<br />Cerescoaank
<br />130 West Elm
<br />Ceresco, NE 68017
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST IS DATED OCTOBER 2, 2002, among GAS ISLAND, L.L.C., whose address is 8833
<br />EDWIN LANE, LINCOLN, NE 68517, NE 68517 (referred to below as "Trustor "); CerescoBank, whose address
<br />is 130 West Elm, Ceresco, NE 68017 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and CerescoBank, whose address is 130 West Elm P O Box 36 Ceresco NE 68017 (referred
<br />to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trusts( conveys to Trust" In treat, WITH POWER OF SALE, for the benefit of
<br />Lender as Eeneficlery, all of Trustor's right, title, and interest in and to the fallowing described real property, together with all existing or
<br />subsequently erected or affixed buildings, Improvements and fixtures: all easements, rights of way, and appurtenances; a1I water, water rights and
<br />ditch rights (including stock In u6ufies with ditch or irrigation rights); and all other rights, royalties and profits (stating to the reel p(oper)y including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located In I LL County, State of Nebraska (tlla "Real
<br />Property "):
<br />LOT ONE (1), GRAND ISLAND MALL THIRTEENTH SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 2012 NORTH WEBB ROAD, GRAND ISLAND, NE
<br />68803.
<br />Truslor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Tumor night, title, and inlerast in and to all present and
<br />future leases of the Property and all Rents from the Property. In station. Truster grants Lender a Uniform Commercial Cade security interest In the
<br />Rents and the Personal Property defined below.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Dead of Trust. Terms not otherwise defined in this Deed of
<br />Trust shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shell mean amounts in
<br />lawful money of the United States of America.
<br />Beneficiary. The word "Beneficiary" means CerescoBank, its successors and assigns. CerescoBank also is referred to as "Lender" in this Deed
<br />of Trust.
<br />Deed of Trust The wards "Deed of Trust" mean this Dead of Trust among Truster, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions retailing to the Personal Properly and Rents.
<br />Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodation parties in
<br />connection with the Indebtedness.
<br />Improvements. The word "Improvements" means and includes without imitation all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Properly, fridifi les, additions, replacements and other construction on the Reel Properly.
<br />Indebtedness. The word "Intlebledness" means all principal and interest payable under the Note and any amounts expended or advanced by
<br />Lender to discharge obligations of Ti uslor or expenses incurred by Trustee or Lender to enforce obligations of Truslor under this Dead of Trust,
<br />together with interest on such amounts as provided in this Dead of Trust. Specifically, without Intri allon, this Dead of Trust secures, in addition
<br />in the amounts specified in the Note, all future amounts Lender in its discretion may lose to Truster, together with all interest thereon.
<br />Lender. The word "Lander" means CerescoBank Its successors and assigns.
<br />Note. The word "Note" means the Note dated October 2, 2002, In the principal amount Of $5110,000.00 from Truslor to Lender,
<br />together with all renewals, extensions, modifications, refinancings, and substitutions for the Note.
<br />Personal Property. The wards "Personal Properly" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Truster, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and addition to, all
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST IS DATED OCTOBER 2, 2002, among GAS ISLAND, L.L.C., whose address is 8833
<br />EDWIN LANE, LINCOLN, NE 68517, NE 68517 (referred to below as "Trustor "); CerescoBank, whose address
<br />is 130 West Elm, Ceresco, NE 68017 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and CerescoBank, whose address is 130 West Elm P O Box 36 Ceresco NE 68017 (referred
<br />to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trusts( conveys to Trust" In treat, WITH POWER OF SALE, for the benefit of
<br />Lender as Eeneficlery, all of Trustor's right, title, and interest in and to the fallowing described real property, together with all existing or
<br />subsequently erected or affixed buildings, Improvements and fixtures: all easements, rights of way, and appurtenances; a1I water, water rights and
<br />ditch rights (including stock In u6ufies with ditch or irrigation rights); and all other rights, royalties and profits (stating to the reel p(oper)y including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located In I LL County, State of Nebraska (tlla "Real
<br />Property "):
<br />LOT ONE (1), GRAND ISLAND MALL THIRTEENTH SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 2012 NORTH WEBB ROAD, GRAND ISLAND, NE
<br />68803.
<br />Truslor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Tumor night, title, and inlerast in and to all present and
<br />future leases of the Property and all Rents from the Property. In station. Truster grants Lender a Uniform Commercial Cade security interest In the
<br />Rents and the Personal Property defined below.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Dead of Trust. Terms not otherwise defined in this Deed of
<br />Trust shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shell mean amounts in
<br />lawful money of the United States of America.
<br />Beneficiary. The word "Beneficiary" means CerescoBank, its successors and assigns. CerescoBank also is referred to as "Lender" in this Deed
<br />of Trust.
<br />Deed of Trust The wards "Deed of Trust" mean this Dead of Trust among Truster, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions retailing to the Personal Properly and Rents.
<br />Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodation parties in
<br />connection with the Indebtedness.
<br />Improvements. The word "Improvements" means and includes without imitation all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Properly, fridifi les, additions, replacements and other construction on the Reel Properly.
<br />Indebtedness. The word "Intlebledness" means all principal and interest payable under the Note and any amounts expended or advanced by
<br />Lender to discharge obligations of Ti uslor or expenses incurred by Trustee or Lender to enforce obligations of Truslor under this Dead of Trust,
<br />together with interest on such amounts as provided in this Dead of Trust. Specifically, without Intri allon, this Dead of Trust secures, in addition
<br />in the amounts specified in the Note, all future amounts Lender in its discretion may lose to Truster, together with all interest thereon.
<br />Lender. The word "Lander" means CerescoBank Its successors and assigns.
<br />Note. The word "Note" means the Note dated October 2, 2002, In the principal amount Of $5110,000.00 from Truslor to Lender,
<br />together with all renewals, extensions, modifications, refinancings, and substitutions for the Note.
<br />Personal Property. The wards "Personal Properly" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Truster, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and addition to, all
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