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<br />WHEN RECORDED MAIL TO: ~~ SG
<br />Exchange Bank
<br />P.Q. Box 760
<br />#14 LaBarre
<br />Gibbon, NE 68840 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 28, 2009, among HAUS PROPERTIES LLC ("Trustor"); Exchange
<br />Bank, whose address is P.O. Box 760, #14 LaBarre, Gibbon, NE 68840 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary"1; and Exchange Bank, whose address is P.O. Box 760, Gibbon, NE
<br />68840 (referred to below as "Trustee"-.
<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 Trustvr's right, title, and interest in and tc 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 rightsl; and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (thB "Real Property") located in HALL
<br />County, State of Nebraska:
<br />A CERTAIN PART OF LOT ONE (11 IN FRACTIONAL SECTION EIGHTEEN 118), TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE NINE l91 WEST OF TWE 6TH P.M., HALL COUNTY, NEBRASKA MORE PARTICULARLY
<br />DESCRIBED AS: BEGINNING AT THE SOUTHWEST CORNER OF THE NORTH HALF (N1/2) OF
<br />FRACTIONAL SECTION EIGHTEEN (18), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (91 WEST OF THE
<br />6TH P.M.; .RUNNING THENCE EAST UPON AND ALONG THE SOUTH LINE OF THE NORTH HALF (N1/2)
<br />OF SAID FRACTIONAL SECTION EIGHTEEN (18) 121.4 FEET TO 7HE SOUTHEAST CORNER OF TWE
<br />NORTH HALF (N1/2) OF FRACTIONAL SECTION EIGHTEEN (78-; RUNNING THENCE NORTH UPON AND
<br />ALONG THE EAST LINE OF THE NORTH HALF (N1/2) OF SAID FRACTIONAL SECTION EIGHTEEN 1181
<br />356.3 FEET; RUNNING THENCE WEST PARALLEL TO THE SOUTW LINE OF THE NORTH WALF (N1/2) OF
<br />SAID FRACTIONAL SECTION EIGHTEEN 118), 123.4 FEET, TO A POINT ON THE WEST LINE OF THE
<br />NORTH HALF (N1/2) OF SAID FRACTIONAL SECTION EIGHTEEN 118); RUNNING THENCE SOUTH UPON
<br />AND ALONG THE WEST LINE OF THE NORTH HALF (N1/2) OF SAID FRACTIONAL SECTION EIGHTEEN
<br />(18), 356.3 FEET TO THE ACTUAL POINT OF BEGINNING EXCEPTING A TRACT MORE PARTICULARLY
<br />DECRIBED IN WARRANTY DEED RECORDED IN BOOK 144, PAGE 536 AND EXCEPTING A TRACT MORE
<br />PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED IN THE REGISTER OF DEEDS OFFICE AS
<br />DOCUMENT NO. 94-10$109.
<br />The Real Property or its address is commonly known as 3222 W FAIDLEY, GRAND ISLAND, NE 68803. The
<br />Real Property tax identification number is 400146495.
<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 any one or more of them, as well as all claims by Lender against Trustor yr 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 Truster
<br />may be liable individually or jointly with others, whether obligated 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 />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the
<br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon.
<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, INCLUpING 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 IB1 PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, 7HE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. (except as otherwise provided in this Deed of Trust, Trustor shall pay tc 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 Trustvr's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisicns:
<br />Possession and Use. Until the occurrence of an E=vent of Default, Trustor may (1) remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and 13- collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: 11) During the period of Trustor's ownership
<br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; 12- Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lander in writing, la- any breach or violation of any
<br />
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