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Retum to: Hart & Sudbeck, PC, LLO PO Box 229 Cozad, NE 69130 u C 3 z rirt el Ul it DEED OF TRUST BORROWER AND LENDER AGREE AS FOLLOWS: Hart & Sudbeck, P.C., L.L.O. Cozad, Nebraska -1- r r-i-s Ca This Deed of Trust is made on January 1, 2013. The Trustor is GABS, L.L.C., a Nebraska limited liability company, a /k/a Borrower. The Trustee is Bruce L. Hart, a member of the Nebraska State Bar Association. The Beneficiary is KAY L. ROBBINS, TOD or Transfer on Death to TRUST B of THE KAY ROBBINS TRUST, under Revocable Trust Agreement dated November 11, 2006, as amended, a /k/a Lender. Beneficiary's address is c/o Kay Robbins, 404 Wyandotte Street, Grand Island, NE 68801. Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following: Unit 732, Replat of Unit 101, Crane Valley #2 Condominium Property Regime, in the City of Grand Island, Hall County, Nebraska, together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. Borrower owes Lender $335,000.00, evidenced by Borrower's note of even date, payable according to the terms thereof. This security instrument secures to Lender the debt evidenced by said note, the payment of all other sums, with interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's covenants and agreements. Borrower covenants that Borrower is lawfully seized of such real estate and has the legal power and lawful authority to convey the same and warrants and will defend title to the real estate against the lawful claims of all persons. A. Borrower shall pay when due, the principal and interest as provided in said note. B. All payments received by Lender shall be first applied to advances, which may have been made by Lender and then to interest due and last to principal due. C. Borrower shall pay all general real estate taxes and special assessments against the property before the same become delinquent. D. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Deed of Trust is on a leasehold. No improvement now or hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenant, condition or restriction. Trustor shall complete or restore rn rn rn ry G co O O