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<br />IOYdIS9V •
<br />After Recording, Mail To:
<br />ITM LLC
<br />PO Box 22965
<br />Lincoln NE 68542-2965
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made as of August 16, 2021, by and among Lake Mac Properties, LLC,
<br />a Nebraska limited liability Company, whose mailing address is 2 0 Connor Drive, Ogallala, NE 69153
<br />(collectively, "Trustor"), David W. Rasmussen, a member of the Nebraska State Bar Association, whose
<br />mailing address is 121 S. 13th Street, Suite 800, Lincoln, Nebraska 68508 (the "Trustee"), and ITM LLC, a
<br />Nebraska Limited Liability Company, whose address is PO Box 22965, Lincoln NE 68542-2965 (the
<br />"Lender").
<br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to
<br />Trustor and the trust created herein, the receipt of which is hereby acknowledged, Trustor hereby
<br />irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the
<br />benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real
<br />property legally described on Exhibit A, attached hereto and incorporated herein by this reference, together
<br />with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances located thereon or in any way pertaining thereto, and the rents, issues and profits,
<br />reversions and remainders thereof, and such personal property that is attached to the improvements so as
<br />to constitute a fixture, all of which, including replacements and additions thereto, is hereby declared to be
<br />a part of the real estate secured by the lien of this Deed of Trust, and all of the foregoing being referred to
<br />herein as the "Property".
<br />This Deed of Trust shall secure: (a) the payment of all principal, interest and other indebtedness
<br />and obligations owed to Lender by Trustor, as evidenced by that certain Promissory Note of even date
<br />herewith, in the original principal amount of $50000, executed by Trustor in favor of Lender, and any and
<br />all modifications, extensions, replacements, substitutions and renewals thereto (the "Note"), and all
<br />documents and instruments executed and delivered pursuant thereto or contemplated thereunder including,
<br />without limitation, this Deed of Trust, and all security agreements, financing statements, assignments,
<br />guarantees and any and all modifications, extensions, replacements, substitutions and renewals thereof or
<br />thereto (all of which, together with the Note, are collectively referred to herein as the "Loan Documents");
<br />(b) the payment of other sums advanced by Lender to protect the security of the Loan Documents; (c) the
<br />performance of all covenants and agreements of Trustor set forth herein; and (d) all present and future
<br />indebtedness and obligations owed to Lender by Trustor, whether direct, indirect, absolute or contingent,
<br />and whether arising by note, guaranty, overdraft or otherwise.
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