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Return to:
<br />Brandon S. Connick
<br />P.O. Box 790
<br />Grand Island, NE 68802 -0790
<br />FOR THE PURPOSE OF SECURING:
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 10 day of December, 2015, by and among FAST
<br />TRACK BUILDINGS & CONSTRUCTION, L.L.C., a Nebraska Limited Liability Company;
<br />and BRADLEY W. SHEARER and CHRISTINA L. SHEARER, husband and wife, herein
<br />referred to as "Trustor ", whose mailing address is 3904 Norseman Avenue, Grand Island,
<br />Nebraska 68803; BRANDON S. CONNICK, hereinafter referred to as "Trustee ", whose mailing
<br />address is P.O. Box 790, Grand Island, Nebraska 68802; and NIEDFELT PROPERTY
<br />MANAGEMENT, L.L.C., a Nebraska Limited Liability Company, hereinafter referred to as
<br />"Beneficiary ", whose mailing address is 1028 S. Adams Street, Grand Island, NE 68801.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -
<br />described property located in the County of Hall, Nebraska, to -wit:
<br />Lot Ten (10), Block Two (2), Sterling Estates Subdivision in the City of Grand
<br />Island, Hall County, Nebraska,
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property ".
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date herewith in
<br />the total principal sum of THIRTY -NINE THOUSAND and No /100 DOLLARS ($39,000.00),
<br />together with interest at the rate provided therein, or the principal and interest on any future
<br />advance not to exceed the total principal sum initially secured hereby as evidenced by
<br />promissory notes stating they are secured hereby, and any and all renewals, modifications and
<br />extensions of such notes, both principal and interest on the notes being payable in accordance
<br />with the terms set forth therein, which by this reference is hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor herein contained; and
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