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<br />WHEN RECORDED MAIL TO:
<br />Wells Fargo Bank. National Association
<br />Aun: Collateral Processing. Rep III
<br />730 2nd Avenue South. Suite 1000
<br />MinneaDolls, MN 55479
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<br />FOR RECORDER'S USE ONLY
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<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $220,000.00,
<br />
<br />THIS DEED OF TRUST is dated August 7, 2008, among L & P Investments, L.L.C" a Nebraska Limited Liability
<br />
<br />Company, whose address is 429 Industrial Lane, Grand Island, NE 68803 ("Trustor"); Wells Fargo Bank,
<br />
<br />National Association, whose address is Grand Island - Main, 304 W, 3rd Street, Grand Island, NE 68801
<br />
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Wells Fargo Financial National
<br />
<br />Bank, whose address is clo Minneapolis Loan Operations Center, 730 2nd Avenue South, Suite 1000,
<br />
<br />Minneapolis, MN 55479 (referred to below as "Trustee").
<br />
<br />CONVEYANCE AND GRANT, For valuable consideration. Trustor conveys to Trustee in trust. WITH POWER OF SALE. for the benefit of
<br />Lender as Beneficiary. all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in Hall
<br />
<br />County, State of Nebraska:
<br />
<br />Lot One (1), Hagge's Third Subdivision, in the City of Grand Island, Hall County, Nebraska
<br />
<br />The Real Property or its address is commonly known as 1411 W Stolley Park Road, Grand Island, NE 68801.
<br />
<br />The Real Property tax identification number is 400041510.
<br />
<br />CROSS.COLLATERALIZATION. In addition to the Note. this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or anyone or more of them, as well as all, claims by Lender against Trustor or anyone 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 Trustor
<br />may be liable individually or jointly with others, whether bbllgated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />
<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 />
<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 OBLlGA TIONS
<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 />
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust. Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's posseasion and use of the Property shall be
<br />
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<br />
<br />200103660478300235
<br />DEED OF TRUST
<br />
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