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Return to:
<br />Denise D. Myers
<br />415 S. High St., P.O. Box 505
<br />Cairo, Nebraska 68824
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 9 day of March, 2022, by and among VALDERAZ
<br />ENTERPRISES, LLC, a Nebraska Limited Liability Company, hereinafter referred to as
<br />"Trustor", whose mailing address is 4089 N. Point Circle, Grand Island, NE 68803; Denise D.
<br />Myers, Attorney -at -Law, hereinafter referred to as "Trustee", whose mailing address is 415 S. High
<br />Street, P.O. Box 505, Cairo, Nebraska 68824; and Neoclis T. Jamson, as Trustee of the Jamson
<br />Family Revocable Trust Dated June 20th, 2005, hereinafter referred to as "Beneficiary", whose
<br />mailing address is 8444 Ranchita Way, Fair Oaks, CA 95628.
<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 subject
<br />to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -described
<br />property located in the County of Hall, Nebraska, to -wit:
<br />Lots Five (5), Seven (7) and Nine (9), Block One (1), College Addition to West
<br />Lawn to the City of Grand Island, 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 />collectively referred to as the "Property".
<br />This Deed of Trust shall secure (a) the payment of indebtedness evidenced by Trustor's
<br />note of even date herewith in the principal sum of TWO HUNDRED SEVENTY THOUSAND
<br />and NO/100 DOLLARS ($270,000.00) which has a stated maturity date of February 1, 2025, and
<br />any and all modifications, extensions, and renewals thereof or thereto, and any and all future
<br />advances and re -advances to Trustor hereunder pursuant to one or more promissory notes or credit
<br />agreements (referred to as the "Note"); (c) the payment of other sums advanced by Beneficiary to
<br />protect the security of the Note; (d) the performance of all covenants and agreements of Trustor
<br />set forth herein; and (e) all present and future indebtedness and obligations of Trustor to
<br />Beneficiary, whether direct, indirect, absolute, or contingent and whether arising by note, guaranty,
<br />overdraft, or otherwise. The Note, this Deed of Trust, and any and all other documents securing
<br />the Note or otherwise executed in connection therewith, including without limitation guarantees,
<br />security agreements, and assignments of leases and rents, shall be referred to herein as the "Loan
<br />Instruments".
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<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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