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202102624
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this IL day of August, 2015, by and among
<br />Jim N. Bruns, a single person, hereinafter referred to as "Trustor", whose mailing
<br />address is 3031 Idaho Avenue, Grand Island, Nebraska; Daniel J. Thayer, Attorney at
<br />Law, hereinafter referred to as "Trustee," whose address is 1425 N. Webb Road,
<br />Grand Island, NE 68803; and Blue Horseshoe, LLC, whose mailing address is 2604
<br />Cottonwood Road, Grand Island, Nebraska, Beneficiary.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys
<br />and assigns to Trustee, in trust, with power of sale, for the benefit and security of
<br />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the
<br />following -described property, located in Hall County, Nebraska:
<br />Lots Five (5) and Six (6), Ross Heights Fourth Subdivision in the City
<br />of Grand Island, Hall County, Nebraska.
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />easements, rights, privileges and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders
<br />thereof, including all such personal property that is attached to the improvements
<br />so as to constitute a fixture, all of which, including replacements and additions
<br />thereto, are hereby declared to be a part of the real estate conveyed in trust hereby,
<br />it being agreed that all of the foregoing shall be hereinafter referred to as the
<br />"Property."
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note
<br />of even date herewith in the principal sum of Two Hundred Thirty
<br />Eight Thousand Four Hundred Fourteen Dollars and Fifteen Cents
<br />($238,414.15), together with interest at the rate or rates provided
<br />therein, or the principal and interest on any future advance as
<br />evidenced by promissory notes stating they are secured hereby, and
<br />any and all renewals, modifications and extensions of such notes, both
<br />principal and interest on the notes being payable in accordance with
<br />the terms set forth therein and the amortization schedule attached
<br />thereto, which by this reference are hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of
<br />Trustor herein contained; and
<br />(c) the payment of any sum or sums of money which may be
<br />hereafter paid or advanced by Beneficiary under the terms of this
<br />Deed of Trust, together with interest thereon at the rate provided in
<br />the note.
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