|
CAVI
<br />CHECK
<br />00
<br />REFUNDS:
<br />CASH
<br />cs
<br />N)CHECK
<br />ry
<br />RECORDED
<br />CD
<br />HALL COUNTY NE
<br />CA)
<br />INST 1013 0514 3U 2013 OCT 1 D I: I3
<br />KRIS T I WOLD
<br />REGISTER OF DEEDS
<br />When recorded, return to:
<br />Robert G. Dailey CD McGrath North Mullin & Kratz, PC LLO //++ / (C� - CD
<br />1601 Dodge Street, Suite 3700 C�
<br />Omaha, NE 68102
<br />•
<br />DEED OF TRUST AND ASSIGNMENT OF RENTS
<br />N THIS DEED OF TRUST AND ASSIGNMENT OF RENTS ("Deed of Trust") is made this
<br />October 16, 2023 by and among T&E CATTLE COMPANY, a Nebraska corporation ("Trustor"
<br />also known as "Borrower"), whose mailing address is 4444 W 13th Street, Grand Island, Nebraska
<br />.4 68803, ROBERT G. DAILEY, a member of the Nebraska Bar Association ("Trustee"), whose
<br />mailing address is 1601 Dodge Street, Suite 3700, Omaha, Nebraska 68102 and GIAN BAXTER
<br />COLLINS ("Beneficiary" also known as "Lender") whose mailing address is 2121 N. Monitor Road,
<br />Grand Island, Nebraska 68803.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns
<br />to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property (the "Real Estate"),
<br />located in the County of Hall, State of Nebraska, and described on Exhibit A attached hereto.
<br />TOGETHER WITH, all buildings, fixtures and improvements upon the Real Estate,
<br />whether now or hereafter existing, all rights-of-way, easements, rents, issues, profits, income,
<br />leases, tenements, hereditaments, privileges and appurtenances belonging, used or enjoyed in
<br />connection with the Real Estate, or any part thereof (subject, however, to the right, power and
<br />authority of Trustor to collect and apply such rents, issues, profits and income as they become due
<br />and payable, so long as no default exists hereunder) and all proceeds of conversion, voluntary or
<br />involuntary, of any of the foregoing into cash or liquidated claims, including without limitation,
<br />proceeds of insurance and condemnation awards, all of which collectively is hereunder referred to
<br />as the "Trust Estate".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) Payment of indebtedness in the principal amount of $985,200.00, with interest
<br />thereon, as evidenced by that certain promissory note of even date herewith (the "Note") with a
<br />maturity date of December 1, 2028, executed by Trustor, which has been delivered and is
<br />
|