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201403203
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Last modified
10/29/2014 3:33:13 PM
Creation date
5/30/2014 4:49:57 PM
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DEEDS
Inst Number
201403203
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m <br /> 2 <br /> yo ' - = : <br /> (= �) ~=' z --4f N <br /> N el 2 r 2 _, rat Q <br /> 0 601 ,-,..) t"2 -,1 f—J Cl) <br /> af are - _, <br /> co cD <br /> W ' y. ..:3 J, 's f..) .. <br /> ry <br /> z <br /> a <br /> U <br /> CORRECTED DEED OF TRUST 40•b <br /> This Deed of Trust is made this h day of May, 2014, by MMY Hospitality, LLC, a <br /> Nebraska limited liability company,TRUSTOR,whose address is 2311 S. Locust Street, Grand <br /> Island,Nebraska, 68801. <br /> BENEFICIARY: TRUSTEE: <br /> Jerry L. Loney and Janet C. Loney Michael E. Sullivan <br /> 711 Stagecoach Road Burlington Center Suite 305 <br /> Grand Island,NE 68801 747 North Burlington Avenue <br /> P.O. Box 43 <br /> Hastings,NE 68902 <br /> E WITNESSETH: <br /> IP 1. Co1�ve an ae. The Trustor hereby conveys, sells and warrants to the Trustee, in <br /> N trust,with power of sale, the following described real estate: <br /> 23 Lot One(1),Burch Subdivision,an Addition to the City of Grand Island,Hall County, <br /> X> Nebraska,excepting therefrom a tract of land more particularly described in Warranty Deed <br /> 0 recorded in Book 175,page 474 and excepting a tract more particularly described in Deed <br /> • recorded as Document No.200008190, <br /> the intention being to convey hereby an absolute title in fee simple,together with all buildings, <br /> fixtures, improvements and appurtenances thereunto belonging. <br /> The Trustor covenants and agrees with the said Trustee and Beneficiary that it is <br /> lawfully seized of said premises; that Trustor has good,right and lawful authority to sell and <br /> convey said premises;that said premises are free and clear of all liens and encumbrances; and that <br /> Trustor will warrant and defend title to said premises unto the Trustee and its successors and <br /> assigns forever against the claims of all persons. <br /> 2. Trustor's Primary Obligation: This Deed of Trust is given for the purpose of <br /> securing performance of each agreement of Trustor herein contained and the payment of Nine <br /> Hundred Thousand Dollars ($900,000.00),upon the terms set forth in a written Promissory Note <br /> bearing even date herewith. Additionally,the Trustor acknowledges that the Beneficiary has the <br /> right to make future advances (as defined in Neb. Rev. Stat. §79-1002), and this Deed of Trust is <br /> 1 <br />
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