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<br />Return to:
<br />/ Galen E. Stehlik
<br />V P.O. Box 400
<br />Grand Island, NE 68802-0400
<br />DEED OF TRUST
<br />—1
<br />THIS DEED OF TRUST is made on this day of December, 2022. The Trustor
<br />(whether one or more) is Virtual Reality Ventures, LC, whose address for purposes of notices
<br />in respect to this Deed of Trust is 304 S. Pine Street, Grand Island, NE, 68801 and is sometimes
<br />herein identified as Borrower. The Trustee is Galen E. Stehlik, Attorney at Law and member of
<br />the Nebraska State Bar Association, whose address is 724 W. Koenig Street, Grand Island,
<br />Nebraska, 68801 The Beneficiaries are David J. Hill and Diane I. Hill, husband and wife, as
<br />joint tenants, whose address for purposes of notification under this Deed of Trust is 333 Pheasant
<br />Drive, Grand Island, Nebraska, 68801, and are sometimes herein identified as Lenders.
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH
<br />POWER OF SALE, THE FOLLOWING:
<br />Lot Nine (9), Block Forty -Three (43), in Russel Wheeler's Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements,
<br />rights, privileges and appurtenances located thereon or in anywise pertaining thereto, and the
<br />rents, issues and profits, reversions and remainders thereof, and such personal property that is
<br />attached to the improvements so as to constitute a fixture, including, but not limited to, heating
<br />and cooling equipment 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 />Borrower owes Lender the total sum of One Hundred Thirty -Eight Thousand and No/100
<br />Dollars ($138,000.00) evidenced by Borrower's Note of even date herewith (hereinafter referred
<br />to as "Debt") which has a stated maturity date of December 10, 2023. This Debt shall include
<br />any and all modifications, extensions and renewals thereof or thereto and any and all future
<br />advances and readvances to Borrower (or any of them more than one) hereunder pursuant to one
<br />or more promissory notes or credit agreements (herein called "Note").
<br />This Deed of Trust secures to Lender the Debt evidenced by said Note, the payment of all
<br />other sums, with interest, advanced under the provisions hereafter to protect the security and the
<br />performance of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />1. Borrower shall pay when due, the principal and interest as provided in said Note.
<br />2. All payments received by Lender shall be first applied to advances which may have
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