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201606457
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Last modified
7/3/2017 5:40:25 PM
Creation date
9/29/2016 2:23:36 PM
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DEEDS
Inst Number
201606457
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yo <br />p --.. g? (b <br />2 <br />3 <br />O , <br />° <br />r <br />cri 6 v <br />~ 09 <br />F <br />" <br />✓ <br />3 <br />P <br />* This Space Reserved for Register of Deeds * <br />DEED OF TRUST <br />1 <br />THIS DEED OF TRUST is made on May 25, 2016, the Trustors are FAMOS <br />CONSTRUCTION, INC., a Nebraska corporation, and THE CHOCOLATE BAR, INC., a <br />Nebraska corporation, hereinafter referred to as "Borrower" whether one or more. Trustee is <br />Jerom E. Janulewicz, an attorney licensed to practice law in the state of Nebraska. The <br />Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation, also <br />referred to herein as "Lender." Borrower irrevocably conveys to Trustee, in trust, with power of <br />sale, the following: <br />THE WESTERLY TWO THIRDS (W 2/3) OF LOT SIX (6), IN BLOCK FIFTY <br />FIVE (55), OF THE ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />Together with all the rents and profits therefrom and subject to easements and restrictions of <br />record, if any. <br />Borrower is indebted to Lender it the sum of One - Hundred and Fifty -Nine Thousand and <br />Two - Hundred Dollars and zero cents. ($159,200), evidenced by the Promissory Note Secured by <br />Deed of Trust (hereinafter the "Note ") executed by Borrower contemporaneously with the <br />execution of the Deed of Trust. <br />This security instrument secures to Lender (1) the debt evidenced by said note, (2) the <br />payment of all other sums, with interest, advanced to under the terms hereafter provided to <br />protect, maintain, and preserve the security, and (3) Borrower's full and faithful performance of <br />each and every covenant set forth in this Deed of Trust. <br />Borrower covenants Borrower is lawfully seized 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. <br />
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