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<br />Return to: Grand Island Abstract, Escrow & Title Company
<br />704 W. 3`d Street
<br />Grand Island NE 68801
<br />DEED OF TRUST
<br />This DEED OF TRUST is made effective as of theoto day of April, 2022, by and among
<br />HASSELMANN DEVELOPMENT, LLC, a Nebraska limited liability company, for which its
<br />mailing address for purposes of this Deed of Trust is 3761 Starwood Avenue, Grand Island, NE
<br />68803 (herein, "Trustor" or "Borrower"); and the Beneficiary, RAYMOND J. O'CONNOR
<br />whose mailing address is 2502 N. Webb Road, Suite A, PO Box 139, Grand Island, NE 68802-
<br />0139 (herein, "Lender").
<br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit to
<br />Borrower and the trust herein created, the receipt of which is hereby acknowledged, Trustor
<br />hereby irrevocably grants, transfers, conveys, and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and
<br />conditions hereinafter set forth, all of Trustor's interest in the following real estate located in
<br />Hall County, Nebraska, legally described as follows:
<br />Lot Two (2), Continental Gardens Second Subdivision, in the City of Grand
<br />Island, Hall County, Nebraska;
<br />together with passageways, easements, rights, privileges, and appurtenances located thereon or in
<br />anywise pertaining thereto, and together with the homestead or marital interests, if any, which
<br />interests are hereby released and waived; all of which, including replacements and additions
<br />thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust,
<br />and all of the foregoing being referred to herein as the "Property".
<br />This Deed of Trust shall secure (a) the payment of the principal sum and interest
<br />evidenced by a Promissory Note of even date herewith having a maturity date of April 20, 2032,
<br />in the original principal amount of One Hundred Twenty Thousand and No/100 Dollars
<br />($120,000.00), and any and all modifications, extensions, and renewals thereof or thereto, and
<br />any and all future advances and re -advances to Borrower hereunder pursuant to one or more
<br />promissory notes or credit agreements (herein called the "Note"); (b) the payment of other sums
<br />advanced by Lender to protect the security of the Note; (c) the performance of all covenants and
<br />agreements of Trustor set forth herein; and (d) all present and future indebtedness and
<br />obligations of Borrower to Lender, whether direct, indirect, absolute, or contingent and whether
<br />arising by note, guaranty, overdraft, or otherwise. The Note, this Deed of Trust, and any and all
<br />other documents securing the Note or otherwise executed in connection therewith, including
<br />without limitation guarantees and security agreements shall be referred to herein as the "Loan
<br />Instruments".
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