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CECk Q6 <br />C441-ff <br />00 <br />REFUNDS: <br />CASH <br />® RECORDED <br />�. HALL C 'UNTY NE <br />INST. 0 1 I8 1025SA' 3 P 3: 13 <br />co <br />1DV?11S8V T <br />Return Recorded Document To: <br />Keating O'Gara Law Firm <br />Attn: Paul J. Peter <br />200 South 21st Street, Suite 400 <br />Lincoln, NE 68510 <br />DEED OF TRUST <br />r R1ST1 WOLD <br />REGISTER OF DEEDS <br />C ss2 °° <br />This Deed of Trust ("Deed of Trust") is made and entered into this 30th day of July, <br />2025. The Trustor is Central Nebraska Lutheran School, a Nebraska nonprofit <br />corporation (hereinafter referred to as "Borrower" or "Trustor"). Borrower's/Trustor's <br />address is 212 West 12th Street, Grand Island, Nebraska, 68801. The Trustee is Adam W. <br />Kauffman, 200 South 21st Street, Suite 400, Lincoln, NE 68510 ("Trustee"). The <br />Beneficiary is Lester J. and Patricia A. Brase, husband and wife (hereinafter referred to <br />as "Beneficiary" and/or "Lender"), whose address is 1426 2nd Avenue, Dannebrog, NE <br />68831-3527. <br />Borrower irrevocably conveys to Trustee, in trust, with Power of Sale, for the <br />benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the real <br />property which is described on Exhibit "A" (which is incorporated by reference herein), <br />together with all existing or subsequently erected or affixed buildings, improvements and <br />fixtures; all easements, rights of way, and appurtenances; all water, water rights, and ditch <br />rights (including stock in utilities with ditch or irrigation rights); and all other rights, <br />royalties, and profits relating to the real property, including, without limitation, all <br />minerals, oil, gas, geothermal, and similar matters, and all leases (whether written or oral <br />whether now or hereafter in effect) (hereinafter collectively referred to as the "Property"), <br />together with all the rents and profits therefrom and subject to easements and restrictions <br />of record, if any. <br />Borrower has borrowed and currently owes Lender a principal balance of One <br />Million and 00/100 Dollars ($1,000,000.00) ("Principal Balance") with interest <br />accruing at the rate of Three Percent (3%) per annum on the Principal Balance until the <br />Maturity Date (as defined in the Note). The indebtedness secured hereby is evidenced by <br />Borrower's secured Promissory Note ( "Note") of even date to this Deed of Trust, payable <br />according to the terms thereof. <br />1 <br />