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<br />1 <br /> <br />!! <br /> <br />200709152 <br /> <br />DEED OF TRUST. ASSIGNMENT OF RENTS AND LEASES. <br />SECURITY AGREEMENT AND FIXTURE FILING <br /> <br />This Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing is <br />made as of the 19th day of October, 2007, by Grand Island Health Care, Inc. ("Grantor"), whosc address is <br />3119 Faidley Avenuc, Grand Island, Nebraska 68803, to James M. Pfeffer ("Initial Trustee"), whose <br />address is 1299 Farnam Street, Suite 1501, Omaha, Nebraska 68102, and in favor of Bank of America, <br />N.A., a national banking association ("Lender"), whose address is 1200 Main Street, lth Floor, M08- <br />060-12-02, Kansas City Missouri, 64105. <br /> <br />RECITALS <br /> <br />Grantor has rcquested that Lcnder make the Loan (as hereinafter defined) to Grantor. As a <br />condition precedent to making the Loan, Lender has required that Grantor execute and deliver this Deed <br />of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing to Trustee and Lender. <br /> <br />GRANTS AND AGREEMENTS <br /> <br />Now, therefore, in order to induce Lender to make the Loan to Grantor, Grantor agrees as <br />follows: <br /> <br />Article 1 <br />Definitions. <br /> <br />As used in this Deed of Trust, the terms defined in the Preamble hereto shall have the respective <br />meanings specified therein, and the following additional tenns shall have the meanings specified: <br /> <br />"Accessories" means all fixtures, equipment, systems, machinery, furniture, furnishings, <br />appliances, inventory, goods, building and construction materials, supplies and other articles of personal <br />property, of every kind and character, tangible and intangible (including software embedded therein), now <br />owned or hereafter acquired by Grantor, which are now or hereafter attached to or situated in, on or about <br />the Land or Improvements, or used in or necessary to the complete and proper planning, development, <br />use, occupancy or operation thereo( or acquired (whether delivered to the Land or stored clsewhere) for <br />use or installation in or on the Land or Improvements, and all Additions to the foregoing, all of which are <br />hereby declared to be penn anent accessions to the Land. <br /> <br />"Accounts" means all accounts of Grantor within the meaning of the Uniform Commercial Code <br />of the State, derived from or arising out of the use, occupancy or enjoyment of the Property or for sale of <br />inventory or services rendered therein or thereon. <br /> <br />"Additions" means any and all alterations, additions, accessions and improvements to property, <br />substitutions therefor, and renewals and replacements thereof. <br /> <br />"Claim" means any liability, suit, action, claim, demand, loss, expense, penalty, fine, judgment or <br />other cost of any kind or nature whatsoever, including fees, costs and expenses of attorneys, consultants, <br />contractors and experts. <br /> <br />"Condemnation" means any taking of title to, use oC or any other interest in the Property under <br />the exercise of the power of condemnation or eminent domain, whether temporarily or permanently, by <br />any Governmental Authority or by any other Person acting under or for the benefit of a Governmental <br />Authority. <br /> <br />"Condemnation Awards" means any and all judgments, awards of damages (including severance <br />and consequential damages), payments, proceeds, settlements, amounts paid for a taking in lieu of <br />Condemnation, or other compensation heretofore or hereafter made, including interest thereon, and the <br /> <br />Error! Unknown document property name. <br /> <br />3 <br />