|
<br />loan No: 33340
<br />
<br />DEED OF TRUST
<br />(Continued)
<br />
<br />200609490
<br />
<br />Page 4
<br />
<br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note
<br />or Related Documents and any amounts expended or advanced by Lender to discharge Trustor's obligations or expenses incurred by
<br />Trustee or Lender to enforce Trustor's obligations under this Deed of Trust. together with interest on such amounts as provided in this
<br />Deed of Trust. Specifically, without limitation, Indebtedness includes all amounts that may be indirectly secured by the
<br />Cross-Collateralization provision of this Deed of Trust.
<br />
<br />Lender. The word "Lender" means HASTINGS STATE BANK, its successors and assigns.
<br />
<br />Note. The word "Note" means the promissory note dated October 24, 2006, in the original principal amount of
<br />$1,400,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications of, refinancings of,
<br />consolidations of, and substitutions for the promissory note or agreement.
<br />
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or
<br />hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and
<br />additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (including without
<br />limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property.
<br />
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />
<br />Real Property. The words "Real Property" mean the real property, interests and rights. as further described in this Deed of Trust.
<br />
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties. security agreements. mortgages, deeds of trust. security deeds, collateral mortgages, and all other
<br />instruments, agreements and documents. whether now or hereafter existing, executed in connection with the Indebtedness.
<br />
<br />Rents. The word "Rents" means all present and future rents. revenues. income, issues, royalties, profits, and other benefits derived
<br />from the Property.
<br />
<br />Trustee. The word "Trustee" means HASTINGS STATE BANK, whose address is 530 N. BURLINGTON, HASTINGS, NE 68901 and
<br />any substitute or successor trustees.
<br />
<br />Trustor. The word "Trustor" means SHAFER PROPERTIES LLC.
<br />
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR AGREES TO ITS TERMS.
<br />
<br />TRUSTOR:
<br />
<br />
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />
<br />STATE OF Nt? hraslca
<br />
<br />
<br />COUNTY OF Ad O-ms
<br />
<br />
<br />On this ~ LI tf1 day of Oc- l-oi?R.j- , 20 niL? ,before me, the undersigned Notary Public,
<br />personally appeared JOEL SHAFER, Member of SHAFER PROPERTIES LLC. and known to me to be partner or designated agent of the
<br />limited liability company that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and voluntary act and deed of
<br />the limited liability company, by authority of statute, its articles of organization or its operating agreement, for the uses and purposes
<br />therein mentioned, and on oath stated that he or she is authorized to execute this Deed of Trust and in fact executed the Deed of Trust on
<br />behalf of the limited liability company.
<br />
<br />)
<br />I SS
<br />)
<br />
<br />~ENERAL NOTARY. State of Nebraska
<br />PATRICIA JAC?B1
<br />" - My Comm. Exp. &' I Cf IrY1
<br />
<br />'--~
<br />By / rLf fl . bl
<br />Notary Public in and for the ta e of Nt bta q a
<br />Residing at ria -; h.Jlq ""->
<br />My commission expires (0/ I q / 0 7
<br />
<br />REQUEST FOR FULL RECONVEYANCE
<br />(To be used only when obligations have been paid in full)
<br />, Trustee
<br />
<br />To:
<br />
<br />The undersigned is the legal owner and holder of all Indebtedness secured by this Deed of Trust. All sums secured by this Deed of Trust
<br />have been fully paid and satisfied. You are hereby directed, upon payment to you of any sums owing to you under the terms of this Deed
<br />of Trust or pursuant to any applicable statute, to cancel the Note secured by this Deed of Trust (which is delivered to you together with
<br />this Deed of Trust), and to reconvey, without warranty, to the parties designated by the terms of this Deed of Trust. the estate now held
<br />by you under this Deed of Trust. Please mail the reconveyance and Related Documents to:
<br />
<br />Date:
<br />
<br />Beneficiary:
<br />By:
<br />Its:
<br />
<br />l.AS~R PRO L..ndinll. v.... 5.33.00.004 Cop'. H.rl.nfl FIn""/:llal Solution., I",c. 1991,2006. ,," f\1gl'!t. RIII..'....d, - NE G:\CflNEW\CFI\lPl\G01.FC TR-10100 PR-46
<br />
<br />, j
<br />
|