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<br />DEED OF TRUST
<br />Return to: Brandon S. Connick
<br />PO Box 790
<br />Grand Island, NE 68802-0790
<br />Deed of Trust Note
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<br />THIS DEED OF TRUST is made this lOth day of August, 2011, by and among, STSM,
<br />L.L.C., a Nebraska limited liability company, whose mailing address is PO Box 1154, Grand
<br />Island, NE 68802-1154, herein referred to as "Trustor"; BRANDON S. CONNICK, hereinafter
<br />referred to as "Trustee", whose mailing address is P.O. Box 790, Grand Island, Nebraska 68802,
<br />and COFFIN'S CORNER, INC., a Nebraska corporation, hereinafter referred to as "Beneficiary",
<br />whose mailing address is PO Box 1154, Grand Island, NE 68802-1154.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and sub-
<br />ject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following-
<br />described property located in the County of Hall, Nebraska, to-wit:
<br />Lot 3, Block 8, in Rollins Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date herewith in
<br />the principal sum of SEVENTY-FIVE THOUSAND AND NO/100 DOLLARS ($75,000.00),
<br />together with interest at the rate provided therein, or the principal and interest on any future
<br />advance not to exceed the total principal sum initially secured hereby as evidenced by promis-
<br />sory notes stating they are secured hereby, and any and all renewals, modifications and
<br />extensions of such notes, both principal and interest on the notes being payable in accordance
<br />with the terms set forth therein, which by this reference is hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor herein contained; and
<br />(c) the payment of any sum or sums of money which may be hereafter paid or
<br />advanced by Beneficiary under the terms of this Deed of Trust, togather with interest thereon at
<br />the rate provided in the note.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
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<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on,
<br />the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
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