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When Recorded, mail to:
<br />Burtle Heating and Air Conditioning, Inc
<br />668 Groff St
<br />Grand Island NE 68801
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made on April 1, 2016, among LO Investments, LLC, a
<br />Nebraska Limited Liability Company, Borrower and Trustee, whose address is 548 Cottonwood St, St
<br />Libory, NE 68872 and Burtle Heating and Air Conditioning, Inc., a Nebraska Corporation, Lender and
<br />Beneficiary, whose address is 668 Groff St, Grand Island NE 68801. The Trustee is Andrew D.
<br />Romatcke, a member of the Nebraska State Bar Association, whose address is 204 E 25th St #1,
<br />Kearney, NE 68847. Borrower owes Lender the principal sum of Two Hundred Four Thousand Dollars
<br />($204,000.00). This debt is evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note"), which provides for monthly payments. The Security instrument secures to lender
<br />the repayment of the debt evidenced by the Note, with interest. For this purpose, Borrower irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />Hall County Nebraska:
<br />See Attached Exhibit "A"
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and
<br />all easements, rights, appurtenances-, rents, royalties, mineral, oil and gas rights and proftts,
<br />water rights and stock and all fixtures now or hereafter a part of the property. All replacements
<br />and additions shall aisO be covered by this Security Instrument. All of the forgoing is referred to
<br />in this Security Instrument as the 'Property.
<br />BORROWER COVENANT that Borrower is lawfully seized of the estate hereby
<br />conveyed and have the right to grant and convey the Property and that the Property is
<br />unencumbered., Meet for engunbran tt( matt tilirgwor warrants and will defend
<br />generally the title to the Property against all claims and demands, subject to any encumbrances
<br />of record.
<br />COVENANTS. Borrower and Lenders covenant and agree as follows:
<br />t. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shalt
<br />promptly pay when due the principal of and interest on the debt evidenced by the Note and any
<br />prepayment and late charges due under the Note.
<br />2. Funds for Taxes and Insurance. Borrower agrees to pay for al real estate taxes
<br />and Insurance as they become due.
<br />3. Application of payments. All payments received by Lenders under paragraph 1
<br />shall be applied: first, to late charges due under the Note; second, to prepayment charges due
<br />under the Note; third, to interest due; and, last, to principal due.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessmeres, charges, fines, and
<br />impositions attributable to the Property, which may attain priority over this Security Instrument.
<br />Borrower shall pay them on time directly to the person owed payment. When Borrower makes
<br />these payments directly, Borrower shall promptly furnish to Lenders receipts evidencing the
<br />payments.
<br />Borrower shall promptly discharge any lion which has priority over this Security
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