|
N
<br />0
<br />OD
<br />01
<br />01
<br />w
<br />missonelomem
<br />dr
<br />DEED OF TRUST
<br />;
<br />cr
<br />C )
<br />r
<br />:
<br />Return to:
<br />• John B. McDermott
<br />PO Box 460
<br />137 Grand Island, NE 68802
<br />THIS DEED OF TRUST, made this / day of ��0 , A.D. 20/ ,
<br />by and between Zoul Properties, L.L.C., a Nebraska Limited Liability Company, hereafter called "Trustor ",
<br />and John B. McDermott, Attorney at Law, of Hall County, Nebraska, hereinafter called "Trustee ", and D
<br />& A Investments, L.L.C., a Nebraska Limited Liability Company, whose address is 216 N. Cedar, Grand
<br />Island, NE 68801 hereinafter called "Beneficiary ";
<br />WITNESSETH, That the Trustor, for good and valuable consideration, including the debt and trust
<br />hereinafter mentioned and created, and the sum of one dollar to Trustor paid by the said Trustee, the receipt
<br />and sufficiency of which is hereby acknowledged, does by these presents, irrevocably grant, bargain and sell,
<br />convey, assign and confirm unto the said Trustee, IN TRUST WITH POWER OF SALE, for the benefit and
<br />security of Beneficiary, under and subject to the terms and condition of this Deed of Trust, the following
<br />described real property situated in Hall County, Nebraska, to -wit:
<br />Lot One (1), Block Twelve (12), Packer & Barr's Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />TOGETHER with and including all and singular the tenements, hereditaments, appurtenances and
<br />privileges thereunto belonging or in anywise appertaining, whether now or hereafter acquired, which shall
<br />include, without limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any existing or
<br />future oil, gas or mineral or other leases; all easements and rights of way; all rights of homestead and
<br />homestead exemption and any surviving spouse's marital or distributive share, and all other contingent rights
<br />in and to said premises; and
<br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems and
<br />equipment therein; all of which shall be construed and considered as affixed to and part of the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is hereinafter
<br />collectively referred to as the "Property ".
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and assigns,
<br />forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted unto the said
<br />Trustee, Trustee's successors, and assigns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the principal sum of Eighty -four
<br />Thousand Dollars ($84,000.00) for money borrowed, with interest thereon, all as evidenced by and in strict
<br />accordance with the terms of that certain promissory note, hereinafter called the "Note ", bearing even date
<br />herewith made payable to the order of Beneficiary, executed by Zoul Properties, L.L.C., and providing for
<br />the payment of said indebtedness in installments, subject to acceleration of maturity on default in the
<br />payment of any installment of principal or interest or in the performance of any covenant, agreement or
<br />warranty contained in this Deed of Trust;
<br />Page 1 of 6
<br />
|