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Return to: Bruce I. Smith
<br />Leininger Smith Law Firm
<br />PO Box 790
<br />Grand Island NE 68802 -0790
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<br />DEED OF TRUST
<br />TRUSTOR AND LENDER AGREE AS FOLLOWS:
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<br />THIS DEED OF TRUST is made as of the 24th day of February, 2016 by and among
<br />EPGI, L.L.C., a Nebraska limited liability company, whose address for purposes of notices in
<br />respect to this Deed of Trust is 704 W. 3rd Street, Grand Island, Nebraska 68801 (herein
<br />"Trustor "), BRUCE I. SMITH, Attorney at Law and member of the Nebraska State Bar
<br />Association, whose address is 104 N. Wheeler, PO Box 790, Grand Island, Nebraska 68802-
<br />0790 (herein "Trustee "), and DAVID E. JANDA and CAROL A. JANDA, husband and wife, as
<br />joint tenants with rights of survivorship, whose address for purposes of notification under this
<br />Deed of Trust is 1508 W. 1st Street, Grand Island, Nebraska 68801 (herein "Lender ").
<br />Lots One (1), Two (2), Three (3) and Four (4), in Block Three (3) of
<br />Packer & Barr's Addition to the City of Grand Island, Hall County, Nebraska,
<br />TRUSTOR IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH POWER
<br />OF SALE, THE FOLLOWING:
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements,
<br />rights, privileges, and appurtenances located thereon or in anywise pertaining thereto, and the
<br />rents, issues and profits, reversions and remainders thereof, and such personal property that is
<br />attached to the improvements so as to constitute a fixture, including but not limited to heating
<br />and cooling equipment, and together with the homestead or marital interests, if any, which
<br />interests are hereby released and waived; all of which, including replacements and additions
<br />thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust
<br />and all of the foregoing being referred to herein as the "Property ".
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<br />This Deed of Trust secures the total sum of Seven Hundred Thousand and No /100
<br />Dollars ($700,000.00) (hereinafter referred to as "Debt ") as evidenced by a certain Deed of Trust
<br />Note due and owing from Steven A. Stec, Trustee and Rebecca J. Stec, Trustee (Makers) in favor
<br />of Lender dated February 24, 2016 (herein called "Note "), which has a stated maturity date of
<br />January 1, 2019. This Debt shall include any and all modifications, extensions, and renewals
<br />thereof or thereto, and any and all future advances and re- advances to Makers thereunder
<br />pursuant to one or more promissory notes or credit agreements.
<br />This Deed of Trust secures to Lender: (i) the Debt evidenced by said Note; (ii) the
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the
<br />security; and (iii) the performance of Trustor's covenants and agreements.
<br />Trustor covenants that Trustor is lawfully seised of such real estate and has the legal
<br />power and lawful authority to convey the same, and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
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