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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made on,.„.4 �i I, � ' , 2020. The Trustor is Grand
<br />Island Apartments, L.L.C., a Nebraska limited 1 ability company, ("Borrower"), whose address is
<br />714 Turtle Beach, Marquette, Nebraska, 68854. The Trustee is Steven P. Vinton, Attorney at Law,
<br />416 10th Street, Gothenburg, Nebraska 69138. The Beneficiary David L. Larson, Trustee of the
<br />David L. Larson Revocable Living Trust dated October 15, 2002 and Catherine M. Larson, Trustee
<br />of the Catherine M. Larson Revocable Living Trust dated October 15, 2002, ("Lender"), whose
<br />address is 505 Linden Avenue, Grand Island, Nebraska, 68801. Borrower irrevocably conveys to
<br />TRUSTEE, in Trust, with POWER OF SALE, the following:
<br />A
<br />ci Lot Six (6) in Block Twenty-six (26) in Russel Wheeler's Addition in the City of Grand
<br />71.1-4
<br />Island, Hall County, Nebraska
<br />The real address of the real property is: 220 W. 10th Street, Grand Island, Nebraska,
<br />—I 68801.
<br />—1
<br />en In addition to the real estate described above, Borrower hereby irrevocably conveys to Trustee,
<br />p_ rn in trust, with power of sale, all improvements, irrigation equipment, fixtures, fences, buildings
<br />V and appurtenances, together with the rents and profits therefrom, subject to easements and
<br />c7 restrictions of record, if any, including all the right, title and interest of Borrower in the
<br />cct ▪ following:
<br />A. Existing or future leases, subleases, licenses, guaranties and any other written or
<br />verbal agreements for the use and occupancy of the Property, including, but not limited to any
<br />extensions, renewals, modifications or replacements (Leases).
<br />B. Rents, issues and profits, including, but not limited to security deposits, minimum
<br />rents, percentage rents, additional rents, common area maintenance charges, parldng charges,
<br />real estate taxes, other applicable taxes, insurance premium contributions, liquidated damages
<br />following default, cancellation premiums, "loss of rents" insurance, guest receipts, revenues,
<br />royalties, proceeds, bonuses, accounts, contract rights, general intangibles, and all rights and
<br />claims which Borrower may have that in any way pertain to or are on account of the use or
<br />occupancy of the whole or any part of the Property (Rents).
<br />.ON BRIMS -NI SY ate]
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