Laserfiche WebLink
<br /> 10 n () Ii <br /> ~ m % ~ <br /> ..... m :",-.~ (f) <br /> c.:,~",,:> 0 0 <br /> C- c: n ::z: c.? C> -"< <br /> Z --3 <br /> n ;C; .........-...,r c:: :r> N <br /> V"\ :J: E c r""'- ::3 z -~ <br /> m ~ ~.u ~'~ = -I rn a ar <br /> n rn -",,- -c; -< C) <br /> :J: \}.l G') ,~~- "T1 a <br />N "" N C) - <br /><Sl U\ o ,- l-" -"1 :~ -.J' ~ <br /><Sl - ""11 (\. i'l <br />-....( lJ\ CJ :r.:."fOo en O! <br /><Sl .....'''1\ -U <br /> rn ~\ - ,- ':1:1 J:! <br />+:>. 0 ITl ~ ::3 r- :P- i <br />-->. 0 (f) <br />W (j) .......... <br /><D ....c 7" ~, <br /> J> <br /> G) .......... '--" c.9 ~ <br /> CD (J) <br /> U> I" <br /> !' <br /> DEED OF TRUST 35.S0 <br /> <br />THIS DEED OF TRUST, is made as of the 18th day of May 2007, by and among' <br />Trustor, SILVERBROOK, LLC, a Delaware limited liability company, whose mailing address is <br />2417 Lancaster, Wilmington, Delaware 19085 (herein "Trustor"), Trustee, Trev E. Peterson, a <br />duly licensed member of the Nebraska State Bar Association, whose mailing address is 1000 <br />Wells Fargo Center, 1248 "0" Street, Suite 1000, Lincoln, NE 68508-1474 (or 3800 VerMaas <br />Place, Suite 200, Lincoln, Nebraska 68502 after May 21 t 2007) (herein "Trustee"), and the <br />Beneficiary, GlA, Inc., whose mailing address is 1649 Frankford Road West, Carrollton, Texas <br />75007, Attention: Brian Hennes (herein "Lender"). <br /> <br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit <br />identified herein to Silverbrook, LLC (herein "Borrower") and the trust herein created, the receipt <br />of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and <br />assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Lender, <br />under and subject to the terms and conditions hereinafter set forth, the real property located at <br />916 N. Shady Bend, Grand Island, Hall County, Nebraska 68801, as described in more detail on <br />Exhibit A attached to this Deed of Trust. ' <br /> <br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, <br />easements, rights, privileges and appurtenances located thereon or in anyway pertaining thereto, <br />and the rents, issues and profits, reversions and remainders thereof, and such personal property <br />that is attached to the improvements so as to constitute a fixture, including, but not limited to, <br />heating and cooling equipment; and together with the homestead or marital interests, if any, <br />which interests are hereby released and waived; all of which, including replacements and <br />additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed <br />of Trust and all of the foregoing being referred to herein as the "Property". <br /> <br />This Deed of Trust shall secure (a) the payment of the principal sum and interest <br />evidenced by a promissory note dated May 18, 2007, having a maturity date of May 18, 2008, in <br />the original principal amount of Six Hundred Thousand Dollars ($600,000), and any and all <br />modifications, extensions and renewals thereof or thereto (herein called "Note"); (b) the payment <br />of other sums advanced by Lender to protect the security of the Note; and (c) the performance of <br />all covenants and agreements of Trustor set forth in the Note or herein. The Note, the <br />Subordination Agreement (as defined in the Note), this Deed of Trust and any and all other <br />documents that secure the Note or otherwise executed in connection therewith, including without <br />limitation guarantees, security agreements and assignments of leases and rents, shall be referred <br />to herein as the "Loan Instruments". <br /> <br />Trustor covenants and agrees with Lender as follows: <br /> <br />when due. <br /> <br />I. Payment of Indebtedness. All indebtedness secured hereby shall be paid <br /> <br />2. Title. Trustor is the owner of the Property, has the right and authority to <br />convey the Property, and warrants that the lien created hereby is a first and prior lien on the <br />Property, except for liens and encumbrances set forth by Trustor in writing and delivered to <br />Lender before execution of this Deed of Trust, and the execution and delivery of this Deed of <br />Trust docs not violate any contract or other obligation to which Trustor is subject. <br /> <br />3. Taxes. Assessments. To pay before delinquency all taxes, special <br />assessments and all other charges against the Property now or hereafter levied. <br /> <br />D"Deed ofTrusl (Nebraska) May 2007(1529784_6) (4).DOC <br />