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rn <br />C <br />z <br />nNo <br />Br <br />p <br />N <br />0 <br />-4 <br />Record and return to: <br />Ronald S. Depue <br />308 N. Locust, Ste. 501 <br />Grand Island, NE 68801 <br />DEED OF TRUST <br />Cn <br />7.0 <br />(_. <br />S <br />U) <br />THIS DEED OF TRUST, made this day ofk , <br />by and between TJO Rental Properties, LLC, a Nebraska Limited Liability Company, of the County <br />of Hall and State of Nebraska, hereinafter called "Trustor" (whether one or more), and Ronald S. <br />Depue, Attorney at Law, of Hall County, Nebraska, hereinafter called "Trustee," and O.H.H.O., <br />LLC, a Nebraska Limited Liability Company, whose address is 1522 Stagecoach Rd., Grand Island, <br />NE 68801, hereinafter called "Beneficiary"; <br />WITNESSETH, That the Trustor, for good and valuable consideration, including the debt <br />and trust hereinafter mentioned and created, and the sum of one dollar to Trustor paid by the said <br />Trustee, the receipt and sufficiency of which is hereby acknowledged, does by these presents, <br />irrevocably grant, bargain and sell, convey, assign and confirm unto the said Trustee, IN TRUST, <br />WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the <br />terms and conditions of this Deed of Trust, the following described real property situated in Hall <br />County, Nebraska, to -wit: <br />SEE ATTACHED EXHIBIT "A". <br />TOGETHER with and including all and singular the tenements, hereditaments, <br />appurtenances and privileges thereunto belonging or in anywise appertaining, whether now or <br />hereafter acquired, which shall include, without limiting the generality of the foregoing, the <br />following: <br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any <br />existing or future oil, gas or mineral or other leases; all easements and rights of way; all <br />rights of homestead and homestead exemption and any surviving spouse's marital or <br />distributive share, and all other contingent rights in and to said premises; and <br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems <br />and equipment therein, all of which shall be construed and considered as affixed to and part <br />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 <br />assigns forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted <br />unto the said 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 <br />One Million Eight Hundred Eighty Thousand Dollars ($1,880,000.00) for money borrowed, with <br />interest thereon, all as evidenced by and in strict accordance with the terms of that certain <br />promissory note hereinafter called the "Note", bearing even date herewith made payable to the order <br />of Beneficiary, executed by TJO Rental Properties, LLC, a Nebraska Limited Liability Company, <br />and providing for the payment of said indebtedness in installments, subject to acceleration of <br />61\ <br />