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<br />After Recording Return To:
<br />Residential Capital Partners Secured Loan
<br />Fund XIV, LLC
<br />3838 Oak Lawn Ave., Suite 1500, Dallas, TX
<br />75219
<br />(866) 441-0223
<br />This Document Prepared By:
<br />Stewart Hoge
<br />6116 N. Central Expwy., Suite 1400
<br />Dallas, TX 75206
<br />(214) 765-6000
<br />Recorder's Use Only
<br />ENTERED AS INSTRUMENT NO
<br />DEED OF TRUST AND SECURITY AGREEMENT
<br />DEFINITIONS
<br />The following words and terms, as well as the other words and terms used in this document, shall
<br />have the meaning indicated for each. Certain rules regarding the usage of words used in this document are
<br />set forth below in one or more sections of this document.
<br />"Security Instrument" means this document, which is dated January 17, 2020, together with all
<br />attachments and riders to this document, and any other document executed by the Borrower in connection
<br />with the Loan.
<br />"Borrower" is Lake Mac Properties, LLC, a Nebraska limited liability company. Borrower's address
<br />is 2 O'Connor Drive, Ogallala, Nebraska 69153. Borrower is the mortgagor under this Security Instrument.
<br />"Lender" is Residential Capital Partners Secured Loan Fund XIV, LLC. Lender's address is 3838
<br />Oak Lawn Ave., Suite 1500, Dallas, TX 75219. Lender is the mortgagee under this Security Instrument.
<br />"Trustee" is Old Republic National Title Insurance Company. Trustee's address is 400 Second
<br />Avenue South, Minneapolis, MN 55401.
<br />"Note" means the promissory note signed by Borrower and dated the same date as this Security
<br />Instrument. The Note states that Borrower owes Lender US$76,934.00, plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than the maturity date
<br />specified in the Note.
<br />"Property" means the following real and personal property:
<br />a. That certain property set forth and described on Exhibit "A"attached hereto and made a part
<br />hereof, which has an address of 1905 N Sherman Blvd., Grand Island, Nebraska 68803.
<br />b. All building material, machinery, apparatus, equipment, fittings, fixtures and personal property
<br />of every kind and nature whatsoever, now in, part of, affixed to, delivered to or used in
<br />connection with the buildings and improvements on the Property, or hereafter acquired by the
<br />Borrower and hereafter placed in, affixed to, delivered to or used in connection which such
<br />buildings and improvements or any buildings hereinafter constructed or placed upon the
<br />Property or any part thereof, including, but without limiting the generality of the foregoing, all
<br />engines, furnaces, boilers, stokers, pumps, heaters, tanks, dynamos, transformers, motors,
<br />generators, fans, blowers, vents, switchboards, electrical equipment, heating, plumbing,
<br />lifting and ventilating apparatus, air-cooling and air-conditioning apparatus, water, gas and
<br />electrical fixtures, elevators, mail conveyors, escalators, drapes, carpets, shades, awnings,
<br />screens, radiators, partitions, ducts, shafts, pipes, conduits, lines and facilities of whatsoever
<br />nature for air, gas, water, steam, electricity, waste sewage and for other utilities, services and
<br />Deed of Trust and Security Agreement (NE) Page 1
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