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<br /> DEED IN LI$U OF FORECI,OSURE �-�/ (�'j
<br /> , �� --
<br /> � I(NOW ALL MEN BY THESE PRESENT: �
<br /> .,' _ , \ =
<br /> That WHEELER FT,ATS, L.L.C. , A Colorado Limited Liab�lity �
<br /> -�`��f•��� ' Company, whose mailing addrees ie 5310 Ward Road, Suite G-07, �=-
<br /> � Arvada, CO 80002-1829, hereinafter referred to as "GRANTOR", for �;._,
<br /> =�;"'-�' , Good and Valuable Coneideration as more fully set forth herein, -
<br /> �:;M:�z;``,• '� does hereby grant, bargain, aell, convey and confirm unto VADARON —
<br /> ==�ti � ° INVESTMENTS, INC., A Nebraska Corporation, its eucceesors and _
<br /> '����"`��r��- aesigns, hereinafter rPferred to ae "GRANTEE", the following
<br />_�.;_�, -g described real property in Hall County, Nebraska, to-wit:
<br /> '�K
<br /> _"_�t l i 1_
<br /> i3;s:;,�. Lote One (1) , Two (2) , Three (3) , Four (4) , Five i 5 i , dilu �ilc
<br /> �:�:.:',..;,, .
<br />-_-:��,. Eaet One-Half (E1/2) of Lot 3even (7) , and all of Lots Eight
<br /> �...;,,�c
<br /> __-��?�:�.;h:_ (e) , Nine (9) , and Ten (10) , all in Block Eleven (11) , in
<br /> --4"'�=`� Baker's Additidn to the City of Grand Island, Hall County,
<br /> � Nebraska, and that portion of the vacated alley in Block
<br /> -- --= Eleven (11) , Baker'e Addition abutting eaid above-described
<br /> --__= lots,
<br /> __-_� to have and to hold the above-described premises, together with all
<br /> ��� tenements, hereditaments, and appurtenances thereto belonging to
<br /> the GRANTE�; and to its succeesors and aesigna forever.
<br /> � GRANTOR doee Yiereby covenant with the GR.ANTEE and GRANTEE's
<br /> ,m,� successors and aesigne that GRANTOR is:
<br /> A. lawfully seized of eaid premiaes;
<br /> _�-- B, that eai.d premiaes are free from encumbrance �xcept a __
<br /> ' First DeEd o£ Trus� dated December 1, 1992, executed by
<br /> VADARON INVESTMENTS, INC. , as Trustor, in favor of First
<br /> �'�� Natianal Bank of Marc�uette, Nebraeka, ae Beneficiary, and
<br /> easements, covenants, and restrictions of record;
<br /> C. and except real eetate taxes unpaid for the year 1995 and
<br /> — — future years.
<br /> v:::.��. This Deed is intended as an abaolute conveyance of title in _M
<br /> =�::�x�� effect as we11 ae in form, and is not intended as a mortgage, trust -
<br /> :���'h���"o-±: . _
<br /> .,;. , conveyance, or security of any kind. The coneideration for this =
<br /> --�`�"<` D�ed is the full release and discharge of the debt arising on �
<br /> -_,c���, -=
<br /> -'`�'.'-;�Y;� account of and by the terms of a certa�n De�d of Truat executed by E�:.
<br /> ,��'"a� � �" r.he GRANTOR ae Trustor and recorded as Document No. 94-101063 in _
<br /> ;.<-irr,sc,.=...� �-
<br /> �-.Y.i;,.+�}.+5:... � :r
<br /> _;,.� ::,�._,, the Office o.f the Hall County Register of Deeds, the acceptance of -
<br /> -_ °•�.� this Deed being in full satisfaction of the indebtednese securing �___
<br /> _'.;`_,:y,;�-:�-- �_`
<br /> said Deed of Truat, and terminating said Deed of Trust.
<br /> '.,�, s�`
<br /> -'"*:k�:- n'�' DATED thia � day of UctobeX, 1996. •ti
<br /> ;f��
<br /> :LZir.
<br /> ;�`' ' WHEELER TS, L.L.C.,
<br /> gy; + � ^���`'�/Y
<br /> �' _ DAVI J. B , Mana er
<br /> — . .w:w
<br /> - r.",.
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