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<br />DEED OF TRUST
<br />This Deed of Trust is made on this l.k Td day of 1101i 'C , 2011, WADE HEIL and
<br />TAMARA BONNES HEIL, husband and wife, whose address for purposes of notices in respect to
<br />this Deed of Trust is -Too 3 eern,n ds A,,v- "L,.p C f~ F (09,f' 5 3 , and
<br />is sometimes herein identified as Borrower. The Trustee is William A. Francis, Attorney at Law,
<br />222 N. Cedar Street, Grand Island, Nebraska 68801. The Beneficiary is O'Connor Properties, LLC,
<br />a Nebraska Limited Liability Company, or order, whose address for purposes of notification under
<br />this Deed ofTrust is Q• 6. Ig dX 13q + GOB _Jd 1 A`,0 PE. 6Xr6a- 01 ~ . ,
<br />and is sometimes herein identified as Lender.
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH POWER
<br />OF SALE, THE FOLLOWING:
<br />Unit 103, Crane Valley #2 Condominium Property Regime,
<br />Hall County, Nebraska.
<br />subject to easements, reservations, covenants and restrictions of record.
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights,
<br />privileges and appurtenances located thereon or in anywise pertaining thereto, and the rents, issues
<br />and profits, reversions and remainders thereof, and such personal property that is attached to the
<br />improvements so as to constitute a fixture, including, but not limited to, heating and cooling
<br />equipment and together with the homestead or marital interests, if any, which interests are hereby
<br />released and waived, all of which, including replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being
<br />referred to herein as the "Property".
<br />Borrower owes Lender a total principal sum not to exceed Three Hundred Seventy-Five
<br />Thousand and No/100 Dollars ($375,000.00) evidenced by Borrower's Not of even date herewith
<br />(hereinafter referred to as "Debt") which has a stated maturity date of i P 1 ,26 31 , ,
<br />2031. This Debt shall include any and all modifications, extensions, and renewals thereof or thereto
<br />and any and all future advances and readvances to Borrower (or any of them if more than one)
<br />hereunder pursuant to one or more promissory notes or credit agreements (herein called "Note").
<br />This Deed of Trust secures to Lender the Debt evidenced by said Note, the payment of all
<br />other sums, with interest, advanced under the provisions hereafter to protect the security and the
<br />performance of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real estate
<br />against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />l . Borrower shall pay when due, the principal and interest as provided in said Note.
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<br />2. All payments received by Lender shall be first applied to advances which may have been
<br />made by Lender and then to interest due and last to principal due.
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