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<br />DE�� UF TRrtJST
<br />Foh the purpose of securing:
<br />Lot 2, Black 2, St�mnierfielc� Est�t�es 7 Subc�ivisioit to the City of
<br />Gt�anid tsland, �Iall County, Neb�°ask�,
<br />(a) The payment nf indebtedness iri the totai principal amount of Thirty-
<br />Five Tt�aitsaricl Nin� ��undred T�irty-One llollars ari+d 00 J 100
<br />($35,93�.6U), as evidenced by that certain promissory note of even date
<br />herewitli (the "Note") executecl by Tnlstor, which. has �een delivered and
<br />is payable to the order of Beneficiary, and vvhich by this reference is.
<br />hereby m�de ��art liereof, atid any and �11 macli�ications, extensions, �nd
<br />'renewals thereo�; aric�
<br />TH1S DEED OF TRUST is m�de as of the l�ls� day o� _Noveniber, 2011, by and among Osek�
<br />I�omes L'LC., �hose mailing addtess is j7b9 1V�ealdovv Ra�c�, Granc� Istand, NE. G8803 ("'�'irustor"),
<br />and Thomas C. Huston, an attorney at iaw licensed to pi ifl the State of Nebraska, w�ose mailing
<br />address is 1900 U.S. Bat�k Building, 233 South 13"' Street, Lihcoln, Nebraska 68508 ("Trustee"), and
<br />Little B's Corpol a Nebraska corpoi�ation, having an address of 4444 W. 13` Street, Grand Is�and,
<br />N$. 68803 ("Beneficiary").
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<br />FOR VALUAB�,E CONSI�EI��'ION, '�rustot� irrevocably tt�ansfers, conveys, anc� assigns to
<br />Trustee, in trust, with power of sa1e, for the bet►efit and seci�rity of Beneficiary, undet� and subject to the
<br />terms and conditiohs of t�is Deed of Tttlst, the �eal property lo�ated in Hall County, Nebraska, and legally
<br />described as follows:
<br />togetlier with al1 rents, easerrients, appurten�nces, lieredit�merits, interest in adjoining roads, streets,
<br />�Ileys, improvements, �t�ilclings of ariy kit�d situatec� thereon, and all personal property that may be or
<br />hereafter become an integral part af such buildings and improvements, all crops �aised thereon, and all
<br />water and mineral rights.
<br />The Property and the entire estate and ihterest conveyed to the Trustee are referrec� to collectively
<br />as the "Trust Estate".
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<br />(b) l'ayznent o� all sums advanced by Beneficiary to protect the Trust Estate,
<br />with intet�est thereoh at the de�aalt r�te provided in the Note.
<br />(c) 1'erformaiice of all of `�'rustor's obligations . i��idet the Purchase
<br />Agreement entered ihto by anc� between Trustee and Beneficiary and
<br />date� as of the O� St day bf Novem�aer, Z0� j(the "Purchase Agreement").
<br />This Deed of �'tust, the Note, the Guaranty Agi o� even date herewith, and any other
<br />iiistrument given to evideiice or furthe� secure the payment �nd performance of any obligation secured
<br />hereby are referre�l tc� c�llectively as the "�.o�Yi Instrumettts".
<br />2
<br />To protect the security of this deed of trust:
<br />P2vhien� o� Indebtedness; Covenant of Title.
<br />(a)
<br />t�)
<br />{LOSSO262:t}
<br />Trustor shall pay when due the principal of, ahc� the interest on the ,
<br />i��ebtedness evidenced by tlie Note, charges, �ees, and all the sums as
<br />pi�ovided in the Loah Instr�ments.
<br />Trustor hereby covenants with Bene�ciary that Trustor is law�ully seised
<br />of the property hereby conveyed, that Trt�stor warrants and will defend
<br />the title to the �roperty against the lawful. claims o� all persons
<br />whomsoever, that Trustor has tlte right to grant ancl convey the Properiy;
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