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nn <br />D <br />rnN <br />n <br />(1) r ? <br />Imo_ r7 <br />! _ U 7 co <br />O <br />DEED OF TRUST <br />C -D <br />N <br />O <br />N <br />CD <br />S <br />CJI <br />THIS DEED OF TRUST is made on August 5, 2020 the Trustor is The Literacy Council <br />of Grand Island, a Nebraska corporation, hereinafter referred to as "Borrower". Trustee is Stacy <br />Nonhof, an attorney licensed to practice law in the state of Nebraska. The Beneficiary is THE <br />CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation, also referred to herein as <br />"Lender." Borrower irrevocably conveys to Trustee, in trust, with power of sale, the following: <br />County Sub 15-11-9 W 1/2 SW '/ 65'x159' of Locust St Pt LT 13, City of Grand <br />Island, 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 Two -Hundred and Twenty Five Thousand <br />Dollars and Zero cents. ($225,000.00), evidences by the Promissory Note Secured by Deed of <br />Trust (Hereinafter the "Note") executed by Borrower contemporaneously with the execution of <br />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 />ENTERED AS INSTRUMENT NO 92 <br />