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NEBRASKA DEED OF TRUST
<br />CO
<br />(/)
<br />(I)
<br />THIS DEED OF TRUST is made as of the 10 day of
<br />November , 2015, by and among Peaceful Root, LLC ("Trustor"),
<br />whose mailing address is ► o ) w it Si John R. Higgins
<br />("Trustee"), whose mailing address is P. O. Box 429, Grand Island,
<br />Nebraska and Ba epback Real Estate, LLC, ( "Beneficiary"), whose
<br />mailing address is Cl y Grand Island, Nebraska. 68801.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers,
<br />conveys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for
<br />the benefit and security of Beneficiary, under and subject to the terms
<br />and conditions of this Deed of Trust, the real property located in the City
<br />of Grand Island, County of Hall, State of Nebraska, and described as
<br />follows: (the "Property"):
<br />Lots Five (5), Six (6) and the Westerly One -Third of Lot
<br />Seven (7), in Block Sixty -six (66i) in the Original Town
<br />Now City of Grand Island, Hall County, Nebraska
<br />TOGETHER with, all rents, easements, appurtenances,
<br />hereditaments, interests in adjoining roads, streets, and alleys,
<br />improvements, and buildings of any kind situated thereon and all
<br />personal property that may be or hereafter become an integral part of
<br />such buildings and improvements, all crops raised thereon, and all water
<br />rights.
<br />The Property and the entire estate and interest conveyed to the
<br />Trustee are referred to collectively as the "Trust Estate."
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of
<br />$506,000.00, with interest thereon, as evidenced by that certain
<br />promissory note of even date (the "Note ") executed by Trustor, which has
<br />been delivered and is payable to the order of Beneficiary, and which by
<br />this reference is hereby made a part hereof, and any and all
<br />modifications, extensions, and renewals thereof, and,
<br />b. Payment of all sums advanced by Beneficiary to protect the
<br />Trust Estate, with interest thereon at the rate of 4.743% per annum.
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