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N r$ <br />r A <br />0 0 cow <br />X <br />- <br />C <br />(0 <br />Return to: <br />Brandon S. Connick <br />P.O. Box 790 <br />Grand Island, NE 68802 -0790 <br />DEED OF TRUST <br />-4 <br />a <br />THIS DEED OF TRUST is made this o. - •3 day of November, 2016, by and among <br />BEN ROSS ENTERPRISES, RESIDENTIAL & COMMERCIAL CONSTRUCTION, L.L.C., a <br />Nebraska limited liability company, herein referred to as "Trustor ", whose mailing address is <br />3003 Colorado Ave, Grand Island, Nebraska 68803; BRANDON S. CONNICK, hereinafter <br />referred to as "Trustee ", whose mailing address is P.O. Box 790, Grand Island, Nebraska 68802; <br />and NIEDFELT PROPERTY MANAGEMENT, L.L.C., a Nebraska Limited Liability Company, <br />hereinafter referred to as "Beneficiary ", whose mailing address is 1028 S. Adams Street, Grand <br />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 Six (6), Block Nine (9), 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 />FOR THE PURPOSE OF SECURING: <br />(a) the payment of indebtedness evidenced by Trustor's note of dated November 23, <br />2016 in the total principal sum of FIFTY -EIGHT THOUSAND and No /100 DOLLARS <br />($58,000.00), together with interest at the rate provided therein, or the principal and interest on <br />any future 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 <br />