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2013-02-12 Little blossomsRESOLUTION NO. 2013 ® 6 COUNCILMEMBER STEWART INTRODUCED THE FOLLOWING RESOLUTION: WHEREAS, Ordinance No. 223 5 approved a purchase agreement between the City of Blair and Little Blossoms Childcare for the sale of Lot 4, Deerfield Addition in the amount of $177,000, and WHEREAS, the purchase agreement is now being amended to reflect the accurate LLC name for the purchaser and close on the property through a Warranty Deed instead of a Quit Claim deed as required by the purchaser's lender, and WHEREAS, said Amended Purchase Agreement between the City of Blair, Nebraska, and Little Blossoms Childcare has been prepared and presented to the City Council, a copy of which Agreement is attached hereto, marked Exhibit "A" and by this reference made a part hereof, and WHEREAS, the terms and conditions thereof are acceptable to the municipality. NOW, THEREFORE, BE IT RESOLVED that said Agreement referred to hereinabove is hereby adopted and accepted by the City of Blair and the Mayor and City Clerk are hereby authorized and directed to execute same on behalf of the municipality. COUNCIL MEMBERCHRISTIANSEN MOVED THAT THE RESOLUTION BE ADOPTED AS READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER ANDERSEN. UPON ROLL CALL, COUNCIL MEMBERS VOTING "AYE" SHEPARD, STEWART, RYAN, KEPHART, ANDERSEN, CHRISTIANSEN, JENSEN AND HALL. COUNCIL MEMBERS NONE VOTING "NAY ", THE MAYOR DECLARED THE FOREGOING RESOLUTION PASSED AND ADOPTED THIS 12TH DAY OF FEBRUARY, 2013. CITY OF BLAIR, NEBRASKA ATTEST: BRENDA R. WHEELER, CITY CLERK BY JA ES REALPH, AYOR (SEAL) AMENDED AGREEMENT FOR SALE OF REAL ESTATE THIS AGREEMENT made this 13th day of February , 20 13, by and between the City of Blair, Nebraska, a Municipal Corporation, hereinafter referred to as "Seller ", and Janeos Holdings, LLC, hereinafter referred to as "Buyer ". WTINESSETH: Seller agrees to sell and convey to the Buyer by Warranty Deed, free and clear of all encumbrances except easements and restrictions of record, the following described real estate, to -wit: Lot 4, Deerfield Addition, City of Blair, Blair, Nebraska said Buyer agrees to purchase said property on the following terms and conditions, to -wit: The purchase price therefore is agreed to be the sum of One Hundred Seventy Seven Thousand Dollars and No Cents, ($177,000.00), which shall be paid in cash at the time of closing. Closing of the transaction shall be on a date agreed to between Seller and Buyer, but in no case shall the closing be on a date less than 30 days from the date of the publication of the Ordinance Authorizing the sale nor more than 60 days from date of said publication date. Upon the signing of this agreement for the sale of this real estate, the buyer shall make a down payment deposit of One Thousand Dollars and no cents ($1000.00), which shall be non refundable unless seller is unable to deliver marketable title, but shall be credited toward the purchase price at the time of closing. It is understood and agreed by and between the parties hereto that Buyer shall receive possession of the premises upon closing. The City of Blair hereby specifically reserves all easements over and across saidright ofway for a storm sewer and any other utilities on said real estate as they exist onthe date ofthis agreement and as may have been contemplated in the platting of the Subdivision. The Buyer shall have the right to move and reconstruct said storm sewer or other utilities to any location on said real estate provided same is at the Buyer's sole expense and pursuant to Seller's specifications. The Buyer shall be responsible for any sidewalk or other assessments which may be made on or after the date of this agreement and which are attributable to the real estate. Seller shall be responsible for payment of any real estate taxes assessed against the premises for the 2012 tax year and prior. The Buyer shall be responsible for and shall pay any and all taxes assessed against the premises including, but not limited to any assessments made for any tax year or partial year after the date of this sale. The Seller shall not have any obligation or liability to provide a survey of the premises. In the event the Buyer requests, Seller shall provide to the Buyer a title insurance commitment to said premises showing good and marketable fee simple title in it for conveyance to said Buyer. The cost of such title insurance shall be split equally between the parties. The Seller specifically makes no warranties or representations as to the condition of the premises nor their usability as maybe intended by the Buyer. The Buyer is purchasing the premises "as is ". The Buyer has made an inspection of the properly and is familiar with the condition thereof and is not relying upon any representations made with reference thereto by the Seller except those set forth herein. This Agreement shall be subject to the filing of any remonstrance pursuant to Nebraska Statutes against the exchange ofthis property byBlair wherein such remonstrance would be deemed to be valid and which would prohibit, pursuant to the statutes of the State of Nebraska, the conveyance of the property by the City of Blair. In the event of such remonstrance, the purchase price shall be returned to the Buyer. Under no other circumstance shall the Buyer be entitled to a refund of the purchase price. This agreement and purchase shall be further contingent upon the buyer being granted a conditional use permit for the use of the property as a Day Care and/or Preschool per the Zoning regulations for the City of Blair, Blair, Nebraska. . This Agreement executed the date first aforesaid shall be binding upon the assigns and successors of all parties hereto. CITY OF BLAIR, NEBRASKA %FE. REALPH, MAYOR �. ATTEST: j . ,ahj k,,, B A R. WHEELER, CITY CLERK PURCHASERS: By ane ouwman STATE OF NEBRASKA ) :ss: WASHINGTON COUNTY ) On this � day of 2013, before me, the undersigned allotary Public, duly commissioned and qualified for in sai county, personally came James E. Realph, Mayor ofthe City of Blair, Nebraska, Seller, to me known to be the identical person whose name is affixed to the foregoing agreement and acknowledged the execution thereof to be his voluntary act and deed. WITNESS my hand and Notarial Seal the day and year last above written. GENEWd.NOtARL e dNebraska ADAM P NOTARY PUB LIC fyf�mm 4B,2018 STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) On this 13th day of February , 2013, before me, the undersigned a Notary Public, duly commissioned and qualified for in said county, personally came J an e B ouwman , to me known to be the identical person whose name is affixed to the foregoing agreement and acknowledged the execution thereof to be his/her voluntary act and deed. WITNESS my hand and Notarial Seal the day and year last above written. E State of Nebraska NOTARY PUBLIC MARK P. REYNOLDS My Comm. Exp, May30, 20t-0 STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. WHEELER hereby certifies that she is the duly appointed, qualified and acting City Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution was passed and adopted at a regular meeting of the Mayor and City Council of said city held on the 12th day of February, 2013. �c- d r ,. U BRENDA R. WHEELER, CITY CLERK Seller's Closing Statement 2!11/13 5:0.3 PM File 20130179 �. date 21112013 Bank 14 • US Bank Escrow Account Missouri River Title (402) 333 -1025 Seller's Closing Statement 5elter(s) The City of Blair, Nebraska, 218 South 16th Street, Blair, NE 68008 Buyer($) Janeos Holdings, LLC„ 2106 Grant Street, Blair, NE 68008 Lerider U.S. Bank, N. A., 8800 West Carter Road, Omaha, NE 68127 Property Lot 4, Deerfield Addirion Blair, NE 68008 - Closing date 0 211 3/2 01 3 Proration date 21112013 Bank 14 • US Bank Escrow Account Escrow Unit r 5- Missouri River Title Escrow Officer. Mark P, Reynolds Debit Credit C ontract Sales Price ....................................................................................... ............................... 177.000.00 Title Charges Cwnees title insurance to Missouri River Tdle Llabliltyamount $177, 000. 00 ......................................................................... ............................... 254.50 Esaow Closing Fee to Missouri River Title ......................................................... ............................... 250.00 Recording Feesrrransfer Charges: DeediMortgagelRelease to Missouri RiverT ille .................................................. .............................. . 32.00 SimlpliFile Elecbonlc Recording Fee to Missouri River Tille ................................ ............................... 10.00 Subtotal: 546.50 177,000.00 Balance due to Sailer: 176.453.50 Totals: 177,000.00 177,000.00 THE UNDEF?SIGNED, by the execution hereof, hereby N acknowledge that they have read the above and foregoing Closing Statement. {) acknowledge; that the same Is W e and correct, and (ill) authoree and d the Closing Agent to receive all amounts and disburse all amounts pursuant to th foregoing Closing Statement. I The City of Blair, Neb \ By: Page 1 PROCEEDS AUTHORIZATION FORM We would like to provide you with the best possible service, Please tell us how you would like your proceeds handled at the time of disbursement by placing an "X" in the appropriate box. Please provide us with a telephone number where you can be reached during business hours in case we have a question: PLEASE NOTE: UNDER FEDERAL LAW NO PROCEEDS MAY BE DISTRIBUTED UNLESS WE HAVE A VALID SOCIAL SECURITY NUMBER OR FEDERAL TAX ID NUMBER AND VALID FORWARDING ADDRESS ON FILE. SSN /FTIN: 44..' • fo0CXo 10G Mailing Address: r; A b\."t` ` $� zr IJE. (DZZ Overnight proceeds $25.00 fee Address Have my Real .Estate Agent deliver proceeds No Charge Pick up proceeds at Missouri River Title No Charge Phone # Wire proceeds' If a wire, please provide the following information: Bank Name: City and State ABA Number:. Account Number (Sellers) Address City/State/zip'' Dated this t;kl 1' 'y of February, 2013. THE CITY OF BLAIR, NEBRASKA, A Nebraska Municipal Corporation By. lam s E. Realph, Mayor 20130179 $25.00 fee ERRORS AND OMISSIONS - SELLERS Property Address: None Assigned Legal Description: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. Seller(s): The City of Blair, Nebraska, A Nebraska Municipal Corporation Buyer(s): Janeos Holdings, LLC, a Nebraska Limited Liability Company Lender: U.S. Bank, N. A. The Undersigned Seller(s) understand(s) and agree(s) that if any errors occur in the preparation of any of the closing or loan documents, whether typographical, by mathematical calculation, or any other errors and omission, the Undersigned will, upon notification by Missouri River Title, assist in correcting or adjusting the error including the payment or return of monies, if applicable. In the event the undersigned should fail or refuse to help adjust or correct the error and as a result thereof, Missouri River Title is required to retain the services of an attorney so as to compel the adjustment or correction, including any payment or return of monies, the Undersigned will be responsible for those attorney's fees and costs incurred in such matter. Dated this �ay of February, 2013. THE CITY OF BLAIR, NEBRASKA, A Nebraska Municipal Corporation 0"' �.. f , By;;JEnes E. Realph, Mayor ,o ERRORS AND OMISSIONS - BUYER(S) Property Address: None Assigned Legal Description: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. SELLERS: The City of Blair, Nebraska, A Nebraska Municipal Corporation BUYERS: Janeos Holdings, LLC d/b /a Little Blossoms Childcare, a Nebraska Limited Liability Company LENDER: U.S. Bank, N. A. The Undersigned acknowledge that the subject property may be located in a Sanitary and Improvement District ( "SID"), and that if the subject property is located'in an SID that as of the date below no Special Assessments other than those identified in the Commitment (if any) have been assessed, levied or certified to the Office of the County Treasurer. The Undersigned further agree that neither American Land Title Company, d/b /a Missouri River Title nor its Underwriter have or shall have any responsibility foi'any Special Assessment(s) which may be or are assessed, levied and/or certified to the County Treasurer after the date of closing, The Undersigned further indemnify and hold harmless the Title Agency and its Underwriter from any claims by the Undersigned or the heirs, successors and/or assigns of the Undersigned concerning any Special Assessment(s) which may be or are assessed, levied and /or certified to the County Treasurer after the date of closing. The Undersigned understand(s) and agree(s) that if any errors occur in the preparation of any of the closing or loan documents, whether typographical, by mathematical calculation or by any other error and omission, the Undersigned will; upon notification by Missouri River Title, assist in correcting or adjusting the error including the payment or return of monies, if applicable. In the event the Undersigned should fail or refuse to help adjust or correct the error and as compel the adjustment or correction, including any payment or return of monies, the Undersigned will be responsible for those attorney's fees and costs incurred in such matter.' DATED this 15 day of February, 2013. JANEOS HOLDINGS, LLC A Nebraska Limited Liability Company By: J e B amn, Manager 20130179 I I 2/11/13 5:03 PIA OMB No. 2502.0265 A. U.S. Department of Housing " 0..' ,�I� ^o ` and Urban Development (t o.4s`r �,vsj�f Settlement Statement (HUD-1), B. Type of Loan 1. ( 1 FHA t [ ) RHS 3. t j Conv. Unlns. 4. [ 1 VA 5.1 ) Conv, Ins. 6. File Number 1. Loan Number 20130179 S. Mortgage Ins. Cane No. C, Note: This form Is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown, Items marked ( °POCJ were paid outside the closing: they are shown here for information purposes and are not Included In the totals, D. Name & Address�pf Borrower. Janeos Holdings, LLC„ 2106 Grant Street, Blair, NE 66008 E, Name & Address of Seller: The City of Blair, Nebraska, 218 South 16th Street, Blair, HE 65008 F. Name & Address of Lender, U.S. Bank, N. A., 8800 West Center Road, Omaha, NE 66127 G. Property Locatierj: Lot 4, Deerfield Abolition Blair, NE 68008 H. Settlement Agent. Missouri RiverTdle (402)333 -1025 TIN: 263555218 Place of Settlement: 11317 Davenport Street, Omaha, NE 68154 I. Settlement Date: 021132013 Proration Date: 211112013 Recording �Data: 21112013 Dlsbum.d Date: 21112013 191. Contract aales.prlce 177,000.00 401, Contract sales price 177,000.00 102. Personal property 402. Personal property 103. Settlement charges to borrower One 1400) 1,364.50 403. 104, 404. 105. :���.k5�,fo¢ > ��Ile�lmafYila,!.ex•.'�:� e F 106. Cityltown taxes � 405. ..$�.�1? _. s f 406. Citylown taxes 107, County taxes- 407. County taxes 108. Assessments, 408, Assessments 109. Annual HOA Dues 409. Annual HOA Dues 110. 410. 111. 411. 112. 141 2, 120. Gross Amount Due from Borrower: ;t =MfB �„�4'�.£'as' 201. Deposit or eainest money 178,364.50 420. Gross Amount Duo to Seller 501. Excess deposit (sea Instructions) 177,000.00 am 202. Principal ount of new loan($) 106,200.00 502. Settlement charges to seller (line 1400) 546,50 203, Existing loan(5) taken subject to 503. UStin loan(s) taken subject to 204, Application Deposit 504. Payofforfirst mortgage loan 205.E 505. Payoffofsecond mortgage loan 206. 506. 207. 507. 208, Seller COam'bµ i' tlen -Title Insurance 508, Seller Contribution - Tide Insurance 209, 5eltar Conuibtition - Closing Costs �dl s�o,DtS�l lt��"�sv?iS`np�� z' T r;s u ` - �2?k��.'�''�`: T ';���,si. 210, City/town taxes 509. Senor Contribution - Closing Costs A3Ji�s'#rP�nL� _tR3`Gtt'P�`l'�`p_elI =•' �: i' i' >�..== `a�'.�' :- _�':�"-0 610. Cityltown taxes ra�,ia_a�,. 211. County taxes' 511. County lazes 212. Assessments!' 512, Assessments 213. 513. 214, 614. 215, I 515, 216. 1 . 516. 217. 617, 218, 518. 218. ti 519. ,,2220. Total Paid byho� 301. Gross amounptlud from bartowar pine /2D) 105,200.00 t. 17.,364`50 $20, Total Reduction Amount Due Seller: 601- Gross amount due to seller (line 420) 546.50 177,000.00 302. Less amountgeld by /for borrower (line 220) 106,200.60 802. Less local reduction in amount due se5er(Ilne 520) 546.50 303, CASH (X)Fk M ()TO BORROWER 72,164.50 SD3. CASH ()FROM (X)TO SELLER 176,453.50 SUBSTITUTE FORM 1%_99 SELLER STATEMENT • The Informa0en contained In Blocks E, G, Hand I and on Wna 401 (af, if I nc 401 Is asterisked, fines 403 and 404), 40B, 407 and 408.412 (applicable pareof buyWe real ..W. tax reportable to the IRS) Is Important lax Informafwn and is bem9 nunlahed In the Inlemal Revenue Service. Byou are McO.d to Plea return, a ne99gence WfeltYOr other -.11 n .3 be unposed an you 8 this item is required IR be roporied and Me IRS determines that R has not been reported. SELLER INSTRUCTION - If bme real esWw Was your principal Ande cnoe, file W. 2119, Sale or Den.nga of Principal Resldeh09, for any gain, v.4lh y- Income fax rehmm, for other transactions, complete Ire applicable pads of form 4797. Form 6252 nrNfM Schedule 0 (Fenn 1D40). You are required by law to pmvlde Missoud Rlvee This (4D2) 333.1026 Wth your canned taxpayer Identification number. If you do net provide M *ud RqATIVe (402) 333 -1025 with your cored taxpayer Idendleadon number, you may be subject to cNll of criminal penxldes. 3 C ' of Blair, Nebraska Ile R r! 80den for this colleclWn of information is es9maled at 35 minutes par response fwcuncting,revierutg, and repoNng the data. This agency may m0eet ihle info +mafiCp, and yae are not requred W mmptele this farm, unless 17 displays s aoen3yva0d OMB CDntNI number. NO confidentiality Is assured: NIs disclosure Is mrmdatorry *Ohfs Is designed to pmWde the parties to a RESPA covered tr.Mdon with information during the se10ement process. r 'v. ti { I I I s2 ;Lef4crientL��l? :s �.x..?�._ 2kfi�s -0a : :,n? F? raa�t.:NiFU6itu�€�EdtP 700, Total Real Estate Broker Fees Paid From Borrower's Funds at Settlement .. :: r Paid From Sellar's Funds at Settlement Division of commission (line 700) as foII -8: 701 $ „ 702. S 4 703. Commission paid at settlement 0.00 704, is 705. Admfnistrstive,COmmisslon 706. AdminfstraliveCommfssfen �- MO 801. Our odglnation charge Orom GFEUiI ZVOR ME 802 Yourcredl or criarge (points) far spedrk Interest rate chosen (fmm GFWJ 603. Your adjvsted:Odgination charges drum Gee a) O.OD 804, Appraisal fee to U.S. Bank, N. P Nom GFEXs)) 500.00 806. Credit report A Y- GFEae) 806. Tax service arum GFFasf 807. Flood cedific4lion to U.S. Bank, N.A. Rom GFEaal 12.00 Fnal lnspedion Fee 1 808 809. Bill. 811. w 61z. �Da °p�t_itzs_'1,�guk�dii�efnae(�6: ��A� v �`r 901. Daily fntamstxharges (ham GFEatO) ��'- �'��'• 902. Mortgage fnsarance premium Irrom GFEaa) 903. Homeowner's; insurance !from GFEnti) 904. 905, VA Funding Fee '- b . - - - @ , pd l v M� 1001. Initial deposit your escrow account Irnm GFEAO) 0.00 1002. liomaowner',l nsurance 1003. Mortgage ins irronoe 1004. City property taxes togs. County prop. taxes 1006. Annual ASSe�smenls (mainL) 1007. 1008. 1009. w Aggregate Ad[ustment �P�::��9p33i4 :`:�.i. ^� ,.".u,. _#"F Y.> x��..". 1. 3„ �3,+-., idL, t!`7.a',d,"3FV'�.i`�`- i'I.i•isu 1101. True seMces aptl lsndefa five in-ce Nam GFFx41 >f+7�'u'.- 250.00 1102. Settlement oeAlosing lee 1103. Owner's Wei surencs to Missouri River Title (from GFERq 254.50 254.50 1104. Lender's tWe insurance to Missouri River Tele $250.00 1105. Lender's Ikle policy Omit $106,200.00 1106. Owner's title ijolloy limit $177,000.00 1107. Agent's porNOh of the Iola) tPoe insurance premium $0.00 1106. Undorwrilees portion of total title insumnce premium the 1109. Agent NameMissoud River TRle 1110. Underwriter N,ame:Old Republic National TNe Insurance 1111, 1112, Doc Pre /Doc9elivery Fee 1113, Esorow Closlig Fee to Missouri River Thle 9. - mrm_P.,grn'fja" -- k09i ?7.4`7£tans'R_,e[' 1201. Government ieoording charges ftrom GFEXi) 250.00 0.00 250.00 1202. Deed/Modga'cJ Rielease Deod $16.00 Modgago $72.00 Release $32.00 88.00 1 ' 32.00 1203, Transfer !axe's_ (tam GFEna) 0.00 1204. City/County 12x/slamps 1205. State te)dstsmps 1206. SimlplFile ElEdronlo Recording Fee to Missoud River Title x�� + „ir� 58 tlttlbn'.AS��.Ta!i_k�tid_ e, 5�` y,:' ts�szsS; c�Y :�"??ii= s�ij�_'s' r`f "� ''xi' _ .Sli "nCe 1301. Required sorvjcas that you can shop for Them GFE") 10.001 _��i:k1�'�a'a 0.00 10.00 ` � - '��.' 1302. Pest inspeclfan Fee 1303. Home W.Ila&ty 1304. Survcy/Plot Plan 1305. 1306. 1307. 1308. 1309. it 1400. Total settlement charges (entered on Ilnes 103, section J and 502, so 1 1,364.50 $45.50 +S g i' i �. f CERTIFI nCN:I1%o,arefulfy reviewed the HUD•1 Settlement Ststnmantand to thebestofmy knawlodga and belief, it isatrus and a ocuratestatement of all receipts and dish enls made Gn BfY ocean ftyme(n ads bansacgdn.IfuAller c6ftity Natlhava receivedawpy of HU0.15ettlement glee enl once Gldings, LL r' City o ai Net a ka To the best of any knowled c ge, the HUD-1 Sel0emont Statement which I have prepared is a Lave and accurate a"xunlolthe footle Won "re recevM and have been orynll he disbursed by me un ae pan of the sehlementof gds inersact'om Missoun F"Title SEILER'6 AN WG0. B9RROWER'a STATeNERT 6eea(a ant aortowa(a a19NWn hu =on aeMoMed90s WNha4epp ms alter praredam entslpn: {es Ne'vtntivdatd4gtlut pwallals veare baaetl on Wes Iar moy¢nr, or asUmalea for the avr Md N ma awrd aafry dranAe fa NO ameN year. ad M nac0esary edfusttnenb oust h rattle between SBtlrr and 6onowC likrxiae arty daeall In dcMq— uON I... lava wN be nmbtasa0la Tala Co muny mmrry b y ft 5¢IIN. Tlee C¢mperry,h eapatly as Eaovw Apvn4lc arW has bean eNnodcadbdapBSR di Mdc itraolvosUdw 7mra0WOnln airy EnanW InflilWOR wberb m nkMS ar twl6udt m odd 0 Prev", maypmv4le 7db Cpmpary ,xmpa0radeoWdeq and auWt sphiros dvaWy or avough¢sapeale aRllywNig4tlaRudN wMTieO Co¢pmry, maYdw9afi dkut9uean e nbeld prolRV -Imal T adan Wnroni and rolaln city pnrdsmeo( ro+ nAm/ asUaw teap pall tyatyparly imoF"tl Neds banwelbndmd vNY be bramykMkirg and IrOM to Uet Mid b bun y IS M yI ions faS auowOfG aed aud! BeMres�.dle C emparry shoal rot be cable yof any Wensl ar eclat diepca an Coe eaefinel money anddall W wearro duyb bnesl ¢r sekwxz b ship M R an , Snea W e9nowa"hemq• at MOdpv and mrocnl b the dtyoskd me Be Ww mmrybtdRandal iradW'10M wMxsdchTNe CompBnylms or may have aMabenkha ralelionshki andluMSr eaaeMb em rotvruontry TNe Cempare'.MGwbsaYRa!es A myvball barwfns (indtf�p edv¢nepMee INaree "!ea on lwn) TNa CnnpanyoniMrO a(mams rac ncdva fn a evl Itnenc6M hpiael— by eon a Ihoymainlenenea 0 @aed ourmv aeeowLL no The Se00mea Ape. doss net wanum er reams" tM aawasy a inremanon provided W a Psmy, ine' -'a vva canes m Q poc items and rtbva,,An —U. by a b m rvMr ledde ino— danvppveis an nbstifio -i 6oWanent 8lstement pcndripW'Cempebpnof Good Forth Wool,(GFE) H i CJneee'ad`I —Ta . anal me paNac hant." to Seetemed Ace s acs¢ any kmcemados In Seim mote". The patio: mvor¢ea IJne ab¢va amnm�ua, nsa9nbe and w¢ tadlanera namn.n aaer'vt a9na to aam¢, aodrpsopnhe Tits Canpayls nIy1M on Ina came. P¢nNa6e "/Sortwars - S�eue \ ta Jan eo all' s,LL The dye e, Nebraska 7 )k WARNING: h Ia a crineo Co knowingly make false statements to the United States en lots or erry Omer slmlla(form. Penalties upon conviction can Include aline and Imprisonment For dolails Title 1e: U.S. Code Section 1001 and Secdan 1010. POC(0) ropmeents paid onside of closing by bonover, POC(S) rep-ambe paid outside of closing by me Sallee, POC(L) represents paid ornside of doming by tender, and POC(" represents paid opWde of easing by mortgage broker. 1' LIEN WAIVER AFFIDAVIT AND INDEMNIFICATION STATE OF NEBRASKA ) ss. COUNTY OF WASHINGTON ) The undersigned Affiant(s) depose(s), state(s) and hereby warrant, covenant and agree with and unto Missouri River Title Co., Inc., and Old Republic National Title Insurance TO THE BEST OF AFFIANT'S KNOWLEDGE AND BELIEF, and in consideration of the issuance of a policy or policies of title insurance free and clear of the Standard Exceptions to coverage contained in the American Land Title Association Standard Mortgagee's Policy, which policy or policies of title cover the following described real property located in Washington County, Nebraska: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska., 1. That there are no unpaid bills for materials supplied or labor furnished for the construction and erection of improvements, including site preparation, on said real estate which would be the basis for a Mechanic's or Materialman's or Construction Lien pursuant to the laws of the State of Nebraska. . 2. That there have been no public improvements affecting the property prior to the date hereof that would give rise to a special property tax assessment against the property subsequent to the date hereof, nor has the undersigned received any notice of any pending public improvements. 3. That the above described property is free and clear of all liens, taxes, assessments, mortgages and other encumbrances and claims of every kind, nature and description whatsoever, except for real estate taxes which are not now due and payable and except for covenants, easements and restrictions of record. 4. That there are no outstanding judgments or decrees in any Court of the State of Nebraska or the United States against the undersigned which remains unsatisfied and which is, or could become in the future, a lien against the above - described premises. We further agree to fully indemnify Missouri River Title Company, and its underwriting company, against any and all possible payments and expenses of legal action in regard to judgment liens resulting from judgments or lawsuits in any Court of Nebraska or the United States occurring on or before the date of closing which are or may become a lien on the above described premises. 5. That there are presently no parties in possession of the property whose interest does not appear of record in the public records which affect the title to said real estate, except: NONE. 6. That there are no delinquent sewer, water, garbage collection or other fees charged by the City, which might at some future date, constitute a lien against the Property. 7. That your affiant(s) has not been notified of any violation of local setback or building restriction regulations. 8. That there have been no disputes with neighbors over fence or boundary lines, driveways, walks, street or alley locations, encroachments of buildings or improvements, or violations of covenants and restrictions. 9. That there are no encroachments of buildings, eaves, bay windows, walks, fences, drives, etc., form the property of the affiant onto adjoining property (including street and alleys), or onto easements or setbacks, nor are there such encroachments of adjoining property improvements onto the affiant's property. 10. The undersigned jointly and severally agree to indemnify fully and hold harmless the said Missouri River Title Company, and its underwriting company from any loss which either might sustain as a result of any of the foregoing representations being untrue; such as costs and expenses arising from, defending against, negotiating, compromising, settling or paying in full any 11 claims against the real estate previously described. Dated this [ aJ �4y of February, 2013. THE CITY OF BLAIR, NEBRASKA, .A Nebraska Municipal Corporation `. Jam E. Realph, Mayor The foregoing instrument was swom to and acknowledged before me this _L?� day of February, 2013, by JAMES E. REALPH, Mayor of the City of Blair, Nebraska, A Nebraska Municipal Corporation. G Y • State at Nebraska Exp.Aug. 18 Notary Public 2 SUPPLEMENTAL AFFIDAVIT, LIEN WAIVER. AND INDEMNIFICATION FOR EXPANDED COVERAGE STATE OF NEBRASKA ) ) ss. COUNTY OF WASHINGTON ) The undersigned, your Affiant(s) herein, TO THE BEST OF YOUR AFFIANT'S KNOWLEDGE AND BELIEF, and in consideration of issuance of an expanded policy or policies oftitle insurance covering the real estate in Washington County, Nebraska, legally described as: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. (together with any improvements thereto hereafter referred to as "the premises "); does /do hereby depose(s), state(s), warrant(s), covenant(s) and agree(s) with and unto Missouri River Title and Old Republic National Title Insurance as follows: 1. I am/We are the owner(s) of record of the property described in Commitment No. 24130179 issued by Old Republic National Title Insurance Company (`the Commitment "). 2. Any and all assessments by any condominium or homeowners' association have been paid in full and are current as of the date of this Affidavit. Any outstanding assessments are not yet due or payable. 3. I/We have not made any improvements of any type or kind to the premises within the past twelve months. 4. Any such improvements to the said premises were authorized by a Building Permit issued by the appropriate state, county, city or other political subdivision with jurisdiction over the premises. 5. I am/We are not aware of, nor have Uwe been provided with notice of any repairs or improvements to be made to streets, roads, electrical, sewer, or drainage systems or other infrastructure adjacent to or servicing the premises. 6. The premises are limited to certain vacant residential property. 7. I am/We are not aware, nor have Uwe been provided with any notice, that the existing improvements on said premises violate any building permit(s), zoning or subdivision law(s), regulation(s), covenant(s), condition(s) or restriction(s). 8. 1 am/We are not aware, nor have. Uwe been provided with any notice, that any person or entity has any rights, easements, licenses or agreements allowing them to use, encroach on, or travel on or over any part of the premises. 9. There is actual pedestrian and vehicular access to and from the premises. 20130179 10. I/We indemnify and hold harmless Missouri River Title (A Registered Trade Name of American Land Title Company) and its underwriter, Old Republic National Title Insurance Company, from any loss, liability, costs, and/or expenses, including attorney's fees, necessary or incurred as a result of enforcing the provisions of this Affidavit, resulting from any errors or incorrectness of this Affidavit, or resulting from any defects, liens, encumbrances, or other matters currently affecting or which may affect the title to the land before the recordation of our conveyance to the Buyers or before the recordation of our mortgage, which were caused by or agree to by me /us. 11. This Affidavit is given for the.purpose of inducing Missouri River Title (A Registered Trade Name of American Land Title Company) and its underwriter, Old Republic National Title Insurance Company, to issue its policy or policies of title insurance which may provide coverage as to the items set forth above and were further certify that the above and foregoing is true and correct to the best of our knowledge and, belief. Dated this ��llaxof February, 2013. TB E CITY OF BLAIR, NEBRASKA, A Nebraska Municipal Corporation Gam -.-_� _ �� --�•� y J s E. Realph, Mayor The foregoing instrument was sworn to and acknowledged before me this /Z day of February, 2013, by JAMES E. REALPII, Mayor of the City of Blair, Nebraska, A Nebraska Municipal Corporation. =J 1,111RMA1 f�' AR' •State d "' Wka ADAMR.TRIPP Notary Public oomm.FV.Aug. 20130179 2 4 WASHINGTON COUNTY, STATE OF NEBRASKA Instrument Number 2013 -00638 4 ► REGISTER OF DEEDS Recorded General Numerical Photostat Proofed Scanned FILED 2013 Feb -13 PM 03:32 KAREN A. MADSEN WASHINGTON COUNTY REGISTER OF DEEDS BLAIR, NE Missouri River Title, 1 1317 Davenport Street, Omaha, NE 68154 (402) 333 -1025 REGISTER OF DEEDS' COVER RECORDING Release of Special Assessments Legal Description: See Exhibit "A" 2013 -00638 VERIFICATION REGARDING CITY ASSESSMENTS STATE OF NEBRASKA ) ) ss. COUNTY OF WASHINGTON ) The undersigned, your Affiant(s) herein, states as follows; 1. That I am the City Treasurer for the City of Blair, Nebraska. I am in possession and control of City of Blair assessment records regarding real estate within the municipality. 2. All City of Blair Assessments included in Washington County District Court Case No. Cl 12 49 have been forgiven and dismissed pursuant to the terms of the settlement agreement in the above - entitled case. Dated this /Z day of February, 2013. THE CITY OF BLAIR, NEBRASKA, A Nebraska Municipal Corporation By: Peggy Frahm, City Treasurer The foregoing instrument was sworn to and acknowledged before me this 17— day of February, 2013, by Peggy Frahm, Mayor of the City of Blair, Nebraska, A Nebraska Municipal Corporation. = TRIPP Notary Public 20130179 2013 -00638 EXHIBIT "A" Lots 1, 4, 59, 64, 65, 67, 76, 79, 80 and 83, inclusive, all in Deerfield an addition to the City of Blair as surveyed, platted, and recorded in Washington County, Nebraska, and Lots 4R, SR, 8R, IM I I11,12R,13R, 15P, 16P, ISR, and 20R, inclusive, all in Deerfield Replat I, an addition to the City of Blair, as surveyed, platted and recorded in Washington County, Nebraska, and Lots 119, 120, 129, 131, 137,13 8, 139, 140, 141, and 142, inclusive, all in Deerfield First Addition, an addition to the City of Blair, as surveyed, platted and recorded in Washington County, Nebraska, and Lots I through 7, inclusive, 15 through 24, 26 through 47, inclusive, 49, 51, 54, 55, 59, 63.66 through 70, inclusive, 72 through 75, inclusive, 77 and 78, all in Deerfield Replat " T an- addition -to - the- C- ity- of assurveyed, platted -and-recorded Vshington County, Nebraska, 2013 -00638 WASHINGTON COUNTY, STATE OF NEBRASKA Instrument Number 2013 -00639 LL REGISTER OF DEEDS Recorded General Numerical Photostat Proofed Scanned FILED 2013 Feb -13 PM 03:32 KAREN A. MADSEN WASHINGTON COUNTY REGISTER OF DEEDS BLAIR, NE FULL DEED OF RECONVEYANCE KNOW ALL MEN BY THESE PRESENTS: THAT WHEREAS, the below named Beneficiary of the Deed of Trust, Assignment of Revenues and Security Agreement dated January 20, 2012 ("Deed of Trust") executed by JCM Investments, Inc., a Nebraska corporation ff rustor"), to First National Bank of Omaha, a national banking association, as Trustee ("Trustee "), for the benefit of First National Bank of Omaha, a national banking association ("Beneficiary"), and recorded in the office of the Register of Deeds of Washington County, Nebraska on February 1, 2012, in Book 580, at Page 724, has agreed to reconvey and release the Deed of Trust, and said Beneficiary desires that this Deed of Recbnveyance be executed and delivered. NOW THEREFORE, the undersigned Trustee does by these presents, grant, remise, release and reconvey to the person or persons entitled thereto all of the interest and estate said Trustee derived by or through said Deed of Trust in the real property described as on Exhibit "A' attached hereto and incorporated herein by reference. FIRST NATIONAL BANK OF OMAHA, a national banking association, Trustee By: , Name: UG W , Mum f_ Title: V t' tA— STATE OF NEBRASKA ) )Ss. COUNTY OF DOUGLAS ) 2013 -00639 BXH1Brr OM lots 1„ 4, 1.8 A&S, 59, 64,. 66, 67, 70 80 and 63, inclusive :ill in Dser�cld. an additlon to the, CIV of Blair as surveyed, platted, and recorded in Washington County, Nebraska, f' Lots 4R, 5R, 8R, 10% 11R, 12R, 1312, 15R, 16R, 1t3R, and 20R, inclusive, all. in Deerfield Replat 1, an addition to -the City of Blair, as surveyed, platted and recorded in Washington County, Nebraska, and Lots 119, 120, 129, 131, 137, 138, 139, 140, 141, and 142,, inclusive, all in Deerfield PIrst' Addit3.on., an addition to the City of Blair as aurYeyed, platted' and rec in Washington* COUhty, Nebraska, And Lots 1 through 7, inclusive, 15 through 47, inclusive, 49, 51, 54, $6, 59, 63 through 70, inclusive, 72 through 75, inclusive, 77 and 78, all in Deerfield Replat 2, an addition to the City of 81air as surveyed, platted and recorded in Washington County, Nebraska EXHIB['TA 1- 19- 12,doa 2013 -00639 WASHINGTON COUNTY, STATE OF NEBRASKA Instrument Number 2013 -00640 REGISTER OF DEEDS Recorded General Numerical Photostat Proofed Scanned FILED 2013 Feb -13 PM 03:32 KAREN A. MADSEN WASHINGTON COUNTY REGISTER OF DEEDS BLAIR, NE NEBRASKA DOCUMENTARY STAMP TAX Date: 02/13/13 $ 0.00 _ By CR After Recording Return To: Missouri River Title, 11317 Davenport Street, Omaha, NE 68154 The City of Blair, Nebraska, A Nebraska Municipal Corporation, GRANTOR, in consideration of One Dollar and other valuable consideration received from GRANTEE, Janeos Holdings, a Nebraska Limited Liability Company, conveys to GRANTEE the following described real estate (as defined in Neb. Rev. Stat. Section76 -201): Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. GRANTOR covenants (jointly and severally, if more than one) with GRANTEE that GRANTOR: (1) is lawfully seized of such real estate and that it is free from encumbrances except those shown on Exhibit A; (2) has legal power and lawful authority to convey the same; and, (3) warrants and will defend the title to the real estate against the lawful claims of all persons claiming the same or any part thereof by, through, or under Grantor. Dated this' �� 1 Nay of February, 2013. THE CITY OF BLAIR, NEBRASKA, A Nebraska Municipal Corporation By a E. Realph, Mayor The foregoing instrument was sworn to and acknowledged before me this 12 day of February, 2013, by JAMES E. REALPH, Mayor of the City of Blair, Nebraska, A Nebraska Municipal Corporation. G�EAALNO7AFIY - State of Nebraska ADAM R. ARIB 2018 Wcomm. Exp. 9 Notary Public Return to: MRT #5 2013 -00640 EXHIBIT A Taxes for the vear 2013 and all subsequent Years. 2012 Taxes Exempt. Subject to provisions and restrictions in Protective Covenants in Book 307 at page 163 filed August 30, 1999. Subject to provisions, restrictions and utility easements in Plat and Dedication in Book 2 at page 870 filed May 20, 1997. Subject to provisions and restrictions in Easement by and between City of Blair and JCM Investments, Inc., in Book 295 at page 495 filed January 19, 1999. 2013 -00640 WASHINGTON COUNTY, STATE OF NEBRASKA Instrument Number 2013 -00641 REGISTER OF DEEDS Recorded General Numerical Photostat Proofed Scanned This instrument was prepared by and after recording return to: US BANK NA PO Box 3487 Oshkosh WI 54903 -3487 FILED 2013 Feb -13 PM 03:32 KAREN A. MADSEN WASHINGTON COUNTY REGISTER OF DEEDS BLAIR, NE NEBRASKA DEED OF TRUST, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS AND LEASES (INCLUDING FIXTURE FILING UNDER UNIFORM COMMERCIAL CODE) Construction Security Agreement. ❑ If checked here, THIS DEED OF TRUST IS A "CONSTRUCTION SECURITY AGREEMENT" AS REFERRED TO IN THE NEBRASKA CONSTRUCTION LIEN ACT. Date of Document: February 8, 2013 Trustor: Janeos Holdings, LLC Trustee: U.S. Bank N.A. Beneficiary: U.S. Bank N.A. 2013 -00641 NEBRASKA DEED OF TRUST, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS AND LEASES (INCLUDING FIXTURE FILING UNDER UNIFORM COMMERCIAL CODE) ❑ If checked here, THIS DEED OF TRUST IS A "CONSTRUCTION SECURITY AGREEMENT" AS REFERRED TO IN THE NEBRASKA CONSTRUCTION LIEN ACT. This Nebraska Deed of Trust, Security Agreement and Assignment of Rents and Leases (Including Fixture Filing Under Uniform Commercial Code) ( "Deed of Trust") is made and entered into by the undersigned borrower(s), guarantor(s) and /or other obligors) /pledgor(s) (collectively the "Trustor) in favor of U.S. BANK N.A., having a mailing address at 400 City Center, Oshkosh, WI 54901 (the "Trustee "), for the benefit of U.S. BANK N.A. (the "Beneficiary"), effective as of the date set forth below. ARTICLE 1. CONVEYANCEIMORTGAGED PROPERTY 1.1 Grant of Deed of Trust/Security Interest. IN CONSIDERATION OF FIVE DOLLARS ($5.00) cash in hand paid by the Trustee to the Trustor, and the financial accommodations from the Beneficiary to the Trustor as described below, the Trustor has bargained, sold, conveyed and confirmed, and hereby bargains, sells, conveys and confirms, unto Trustee, its successors and assigns, IN TRUST, WITH POWER OF SALE, for the benefit of the Beneficiary, the Property (defined below) to secure all of the Trustor's Obligations (defined below) to the Beneficiary. The intent of the parties hereto is that the Property secures all Obligations of the Trustor to the Beneficiary, whether now or hereafter existing, between the Trustor and the Beneficiary or in favor of the Beneficiary, including, without limitation, any note, any loan or security agreement, any lease, any other mortgage, deed of trust or other pledge of an interest in real or personal property, any guaranty, any letter of credit or reimbursement agreement or banker's acceptance, any agreement for any other services or credit extended by the Beneficiary to the Trustor even though not specifically enumerated herein and any other agreement with the Beneficiary (together and individually, the "Loan Documents "). The parties further intend that this Deed of Trust shall operate as a security agreement with respect to those portions of the Property which are subject to Article 9 of the Uniform Commercial Code. 1.2 "Property" means all of the following, whether now owned or existing or hereafter acquired by the Trustor, wherever located: all the real estate described below or in Exhibit A attached hereto (the "Land "), together with all buildings, structures, standing timber, timber to be cut, fixtures, equipment, inventory and furnishings used in connection with the Land and improvements; all materials, contracts, drawings and personal property relating to any construction on the Land; and all other improvements now or hereafter constructed, affixed or located thereon (the "Improvements ") (the Land and the Improvements collectively the "Premises "); TOGETHER with any and all easements, rights -of -way, licenses, privileges, and appurtenances thereto, and any and all leases or other agreements for the use or occupancy of the Premises, all the rents, issues, profits or any proceeds therefrom and all security deposits and any guaranty of a tenant's obligations thereunder (collectively the "Rents "); all awards as a result of condemnation, eminent domain or other decrease in value of the Premises and all insurance and other proceeds of the Premises. The Land is described as follows (or in Exhibit A hereto if the description does not appear below): See Exhibit A. 1.3 "Obligations" means all loans by the Beneficiary to Janeos Holdings, LLC, including those loans evidenced by a note or notes dated 02108113, in the initial principal amount(s) of $106,200.00 and any extensions, renewals, restatements and modifications thereof and all principal, interest, fees and expenses relating thereto (the "Note "); and also means all the Trustor's debts, liabilities, obligations, covenants, warranties, and duties to the Beneficiary (plus its affiliates including any credit card debt, but Page 1 2013 -00641 specifically excluding any type of consumer credit), whether now or hereafter existing or incurred, whether liquidated or unliquidated, whether absolute or contingent, whether arising out of the Loan Documents or otherwise, and regardless of whether such Obligations arise out of existing or future credit granted by the Beneficiary to any Trustor, to any Trustor and others, to others guaranteed, endorsed or otherwise secured by any Trustor or to any debtor -in- possession /successor -in- interest of any Trustor, and principal, interest, fees, expenses and charges relating to any of the foregoing, including, without limitation, costs and expenses of collection and enforcement of this Deed of Trust, attorneys' fees of both inside and outside counsel and environmental assessment or remediation costs. The interest rate and maturity of such Obligations are as described in the documents creating the indebtedness secured hereby. THIS DEED OF TRUST SECURES, WITHOUT LIMITATION, EXISTING DEBTS OR OBLIGATIONS CREATED SIMULTANEOUSLY WITH THE EXECUTION OF THIS DEED OF TRUST AND ANY FUTURE ADVANCES TO BE MADE AT THE OPTION OF THE PARTIES. The total principal amount, exclusive of interest, of the Obligations, including any future debts, advances, liabilities or obligations, not including, however, any sums advanced for the protection of the Property or the Trustor's interest therein, shall not exceed the sum of $106,200.00; PROVIDED, HOWEVER, THAT NOTHING CONTAINED HEREIN SHALL CONSTITUTE A COMMITMENT TO MAKE ADDITIONAL OR FUTURE LOANS OR ADVANCES IN ANY AMOUNT. 1.4 Homestead. The Premises are not the homestead of the Trustor. If so, the Trustor releases and waives all rights under and by virtue of the homestead exemption laws of the State of Nebraska. ARTICLE II: WARRANTIES AND COVENANTS. In addition to all other warranties and covenants of the Trustor under the Loan Documents which are expressly incorporated herein as part of this Deed of Trust, including the covenants to pay and perform all Obligations, and while any part of the credit granted the Trustor under the Loan Documents is available or any Obligations of the Trustor to the Beneficiary are unpaid or outstanding, the Trustor continuously warrants to the Beneficiary and the Trustee and agrees as follows: 2.1 Warranty of Title /Possession. The Trustor warrants that it has sole and exclusive title to and possession of the Premises, excepting only the following "Permitted Encumbrances ": restrictions and easements of record, and zoning ordinances (the terms of which are and will be complied with, and in the case of easements, are and will be kept free of encroachments), taxes and assessments not yet due and payable and those Permitted Encumbrances set forth on Exhibit B attached hereto (except that if no Exhibit B is attached, there will be no additional Permitted Encumbrances). The lien of this Deed of Trust, subject only to Permitted Encumbrances, is and will continue to be a valid first and only lien upon all of the Property. 2.2 Maintenance; Waste; Alteration. The Trustor will maintain the Premises in good and tenantable condition and will restore or replace damaged or destroyed improvements with items of at least equal utility and value. The Trustor will not commit or permit waste to be committed on the Premises. The Trustor will not remove, demolish or materially alter any part of the Premises without the Beneficiary s prior written consent, except the Trustor may remove a fixture, provided the fixture is promptly replaced with another fixture of at least equal utility. The replacement fixture will be subject to the priority lien and security of this Deed of Trust. 2.3 Transfer and Liens. The Trustor will not, without the prior written consent of the Beneficiary, which may be withheld in the Beneficiary's sole and absolute discretion, either voluntarily or involuntarily (a) sell, assign, lease or transfer, or permit to be sold, assigned, leased or transferred, any part of the Premises, or any interest therein; or (b) pledge or otherwise encumber, create or permit to exist any mortgage, pledge, lien or claim for lien or encumbrance upon any part of the Premises or interest therein, except for the Permitted Encumbrances. Beneficiary has not consented and will not consent to any contract or to any work or to the furnishing of any materials which might be deemed to create a lien or liens superior to the lien of this Deed of Trust. Page 2 2013 -00641 2.4 Escrow. After written request from the Beneficiary, the Trustor will pay to the Beneficiary sufficient funds at such time as the Beneficiary designates, to pay (a) the estimated annual real estate taxes and assessments on the Premises; and (b) all property or hazard insurance premiums when due. Interest will not be paid by the Beneficiary on any escrowed funds. Escrowed funds may be commingled with other funds of the Beneficiary. All escrowed funds are hereby pledged as additional security for the Obligations. 2.5 Taxes, Assessments and Charges. To the extent not paid to.the Beneficiary under 2.4 above, the Trustor will pay before they become delinquent all taxes, assessments and other charges now or hereafter levied or assessed against the Premises, against the Beneficiary based upon this Deed of Trust or the Obligations secured by this Deed of Trust, or upon the Beneficiary's interest in the Premises, and deliver to the Beneficiary receipts showing timely payment. 2.6 Insurance. The Trustor will continually insure the Premises against such perils or hazards as the Beneficiary may require, in amounts, with acceptable co- insurance provisions, not less than the unpaid balance of the Obligations or the full replacement value of the Improvements, whichever is less. The policies will contain an agreement by each insurer that the policy will not be terminated or modified without at least thirty (30) days' prior written notice to the Beneficiary and will contain a mortgage clause acceptable to the Beneficiary; and the Trustor will take such other action as the Beneficiary may reasonably request to ensure that the Beneficiary will receive (subject to no other interests) the insurance proceeds from the Improvements. The Trustor hereby assigns all insurance proceeds to and irrevocably directs, while any Obligations remain unpaid, any insurer to pay to the Beneficiary the proceeds of all such insurance and any premium refund; and authorizes the Beneficiary to endorse the Trustor's name to effect the same, to make, adjust or settle, in the Trustor's name, any claim on any insurance policy relating to the Premises. The proceeds and refunds will be applied in such manner as the Beneficiary, in its sole and absolute discretion, determines to rebuilding of the Premises or to payment of the Obligations, whether or not then due and payable. 2.7 Condemnation. Any compensation received for the taking of the Premises, or any part thereof, by a condemnation proceeding (including payments in compromise of condemnation .proceedings), and all compensation received as damages for injury to the Premises, or any part thereof, shall be applied in such manner as the Beneficiary, in its sole and absolute discretion, determines to rebuilding of the Premises or to payment of the Obligations, whether or not then due and payable. 2.8 Environmental Matters. Except as specifically disclosed by Trustor to Beneficiary in writing prior to the execution of this Deed of Trust, Trustor represents and warrants as follows. There exists no uncorrected violation by the Trustor of any federal, state or local laws (including statutes, regulations, ordinances or other governmental restrictions and requirements) relating to the discharge of air pollutants, water pollutants or process waste water or otherwise relating to the environment or Hazardous Substances as hereinafter defined, whether such laws currently exist or are enacted in the future (collectively "Environmental Laws "). The term "Hazardous Substances" will mean any hazardous or toxic wastes, chemicals or other substances, the generation, possession or existence of which is prohibited or governed by any Environmental Laws. The Trustor is not subject to any judgment, decree, order or citation, or a party to (or threatened with) any litigation or administrative proceeding, which asserts that the Trustor (a) has violated any Environmental Laws; (b) is required to clean up, remove or take remedial or other action with respect to any Hazardous Substances (collectively "Remedial Action "); or (c) is required to pay all or a portion of the cost of any Remedial Action, as a potentially responsible party. Except as disclosed on the Borrower's environmental questionnaire provided to the Beneficiary, there are not now, nor to the Trustor's knowledge after reasonable investigation have there ever been, any Hazardous Substances (or tanks or other facilities for the storage of Hazardous Substances) stored, deposited, recycled or disposed of on, under or at any real estate owned or occupied by the Trustor during the periods that the Trustor owned or occupied such real estate, which if present on 'the real estate or in soils or ground water, could require Remedial Action. To the Trustor's knowledge, there are no proposed or pending changes in Environmental Laws which would adversely affect the Trustor or its business, and there are no conditions existing currently or likely to exist while the Loan Documents are in effect which would subject the Trustor to Remedial Action or other liability. The Trustor currently complies with and will Page 3 2013 -00641 continue to timely comply with all applicable Environmental Laws; and will provide the Beneficiary, immediately upon receipt, copies of any correspondence, notice, complaint, order or other document from any source asserting or alleging any circumstance or condition which requires or may require a financial contribution by the Trustor or Remedial Action or other response by or on the part of the Trustor under Environmental Laws; or which seeks damages or civil, criminal or punitive penalties from the Trustor for an alleged violation of Environmental Laws. In the event of any such circumstance or condition, the Trustor agrees, at its expense and at the request of the Beneficiary, to permit an environmental audit solely for the benefit of the Beneficiary, to be conducted by the Beneficiary or an independent agent selected by the Beneficiary and which may not be relied on by the Trustor for any purpose. This provision shall not relieve the Trustor from conducting its own environmental audits or taking any other steps necessary to comply with Environmental Laws. 2.9 Assignments. The Trustor will not assign, in whole or in part, without the Beneficiary's prior written consent, the rents, issues or profits arising from the Premises. 2.10 Right of Inspection. The Beneficiary may at all reasonable times enter and inspect the Premises. 2.11 Waivers by Trustor. To the greatest extent that such rights may then be lawfully waived, the Trustor hereby agrees for itself and any persons claiming under the Deed of Trust that it will waive and will not, at any time, insist upon or plead or in any manner whatsoever claim or take any benefit or advantage of (a) any exemption, stay, extension or moratorium law now or at any time hereafter in force; (b) any law now or hereafter in force providing for the valuation or appraisement of the Premises or any part thereof prior to any sale or sales thereof to be made pursuant to any provision herein contained or pursuant to the decree, judgment or order of any court of competent jurisdiction; (c) to the extent permitted by law, any law now or at any time hereafter made or enacted granting a right to redeem from foreclosure or any other rights of redemption in connection with foreclosure of, or exercise of any power of sale under, this Deed of Trust; (d) any statute of limitations now or at any time hereafter in force; or (e) any right to require marshalling of assets by the Beneficiary. 2.12 Assignment of Rents and Leases. The Trustor assigns and transfers to the Beneficiary, as additional security for the Obligations, all right, title and interest of the Trustor in and to all leases which now exist or hereafter may be executed by or on behalf of the Trustor covering the Premises and any extensions or renewals thereof, together with all Rents, it being intended that this is an absolute and present assignment of the Rents. Notwithstanding that this assignment constitutes a present assignment of leases and rents, the Trustor may collect the Rents and manage the Premises, but only if and so long as a default has not occurred. If a default occurs, the right of Trustor to collect the Rents and to manage the Premises shall thereupon automatically terminate and such right, together with other rights, powers and authorizations contained herein, shall belong exclusively to the Beneficiary. This assignment confers upon the Beneficiary?! power coupled with an interest and cannot be revoked by the Trustor. Upon the occurrence of a default, the Beneficiary, at its option without notice and without seeking or obtaining the appointment of a receiver or taking actual possession of the Premises may (a) give notice to any tenant(s) that the tenant(s) should begin making payments under their lease agreement(s) directly to the Beneficiary or its designee; (b) commence a foreclosure action and file a motion for appointment of a receiver; or (c) give notice to the Trustor that the Trustor should collect all Rents arising from the Premises and remit them to the Beneficiary upon collection and that the Trustor should enforce the terms of the lease(s) to ensure prompt payment by tenant(s) under the lease(s). All Rents received by the Trustor shall be held in trust by the Trustor for the Beneficiary. All such payments received by the Beneficiary may be applied in any manner as the Beneficiary determines to payments required under this Deed of Trust, the Loan Documents and the Obligations. The Trustor agrees to hold each tenant harmless from actions relating to tenant's payment of Rents to the Beneficiary. . 2.13 Fixture Filing. From the date of its recording, this Deed of Trust shall be effective as a financing statement filed as a fixture filing under the Uniform Commercial Code with respect to the Improvements and for this purpose the name and address of the debtor is the name and address of the Trustor as set forth in this Deed of Trust and the name and address of the secured party is the name and Page 4 2013 -00641 address of the Beneficiary as set forth in this Deed of Trust. The Property includes goods which are or may become so affixed to real property as to become fixtures and products and proceeds of the Property. If any of the Property is of a nature such that a security interest therein can be perfected under the Uniform Commercial Code, this Deed of Trust shall also constitute the grant of a security interest to the Beneficiary and serve as a Security Agreement, and Trustor authorizes the filing of any financing statements and agrees to execute other instruments that may be required for the further specification, perfection or renewal of such security interest. ARTICLE Ill. RIGHTS AND DUTIES OF THE BENEFICIARY In addition to all other rights (including setoff) and duties of the Beneficiary under the Loan Documents which are expressly incorporated herein as a part of this Deed of Trust, the following provisions will also apply: 3.1 Beneficiary Authorized to Perform for Trustor. If the Trustor fails to perform any of the Trustor's duties or covenants set forth in this Deed of Trust, the Beneficiary may perform the duties or cause them to be performed, including, without limitation, signing the Trustor's name or paying any amount so required, and the cost, with interest at the default rate set forth in the Loan Documents, will immediately be due from the Trustor to the Beneficiary from the date of expenditure by the Beneficiary to date of payment by the Trustor, and will be one of the Obligations secured by this Deed of Trust. All acts by the Beneficiary are hereby ratified and approved, and the Beneficiary will not be liable for any acts of commission or omission, nor for any errors of judgment or mistakes of fact or law. ARTICLE IV. DEFAULTS AND REMEDIES The Beneficiary may enforce its rights and remedies under this Deed of Trust upon default. A default will occur if the Trustor fails to comply with the terms of any Loan Documents (including this Deed of Trust or any guaranty by the Trustor) or a demand for payment is made under a demand loan, or the Trustor defaults on any other mortgage affecting the Land, or if any other obligor fails to comply with the terms of any Loan Documents for which the Trustor has given the Beneficiary a guaranty or pledge. Upon the occurrence of a default, the Beneficiary may declare the Obligations to be immediately due and payable. 4.1 Remedies. In addition to the remedies for default set forth below and in the other Loan Document, including default available by law or acceleration, equity. Upon a default, Beneficiary may e l i r exercise following remedies: for (a) Enforcement of Assignment of Rents and Leases. Beneficiary may: (i) terminate the license granted to Trustor to collect the Rents (regardless and sue for the Beneficiary or Trustee shall have entered into possession of the Property), Rents in Beneficiary's own name, give receipts and releases therefor, net proceeds thereof for Ito any expenses of collection, including reasonable attorneys' fees, apply Obligations as Beneficiary may elect; (ii) make, modify, enforce, cancel or accept surrender of any leases, evict tenants, adjust Rents, maintain, decorate, refurbish, repair, clean, and make space ready for renting, and otherwise do anything Beneficiary reasonably deems advisable in connection. with the Property; (iii) apply the Rents so collected to the operation and management of the Property, including the payment of, reasonable management, brokerage and attorneys' fees, or to the Obligations; and (iv) require Trustor to transfer and deliver possession of all security deposits and records thereof to Beneficiary. Page 5 2013 -00641 (b) Power of Sale. Beneficiary may require the Trustee, and the Trustee is hereby authorized and empowered, to enter and take possession of the Premises and to sell all or part of the Property in accordance with the Nebraska Trust Deeds Act, as the same may be hereafter amended or modified. The Trustee may sell all or any portion of the Property, together or in lots or parcels, and may execute and deliver to the purchaser or purchasers of such property a conveyance in fee simple. The Trustee shall receive the proceeds, thereof and, subject to the requirements of the Nebraska Trust Deeds Act, shall apply the same as follows: (a) first, the payment of the expenses of making, maintaining and executing this trust, protection of the Property, including the expense of any litigation and reasonable attorneys' fees, and reasonable compensation to the Trustee; (b) second, to any advancements made by the Trustee or the Beneficiary pursuant hereto, with interest thereon; (c) third, to the payment of the Obligations herein secured or intended so to be, in such order as Beneficiary shall elect, and any balance of said Obligations may be the subject ofimmediate suit; (d) and, fourth, should there by any surplus, Trustee will pay it to the Trustor, or to such person as may be legally entitled thereto. The sale or sales by Trustee of less than the whole of the Property shall not exhaust the power of sale herein granted, and the Trustee is specifically empowered to make successive sale or sales under such power until the whole of the Property shall be sold; and if the proceeds of such sale or sales of less than the whole of the Premises shall be less than the aggregate of the Obligations and the expenses thereof, this Deed of Trust and the lien, security interest and assignment hereof shall remain in full force and effect as to the unsold portion of the Property; provided, however, that Trustor shall never have any right to require the sale or sales of less than the whole of the Property, but Beneficiary shall have the right at its sole election, to request the Trustee to sell less than the whole of the Property. Beneficiary may bid and become the purchaser of all or any part of the Property at any such sale, and the amount of Beneficiary s successful bid may be credited on the Obligations. (c) Judicial and Other Relief. Beneficiary or Trustee may proceed by a suit or suits in equity or at law, whether for the specific performance of any covenant or agreement herein contained or in aid of the execution of any power herein granted, or for any foreclosure hereunder or for the sale of the Property under the judgment or decree of any court or courts of competent jurisdiction. (d) Entry on Premises; Tenancy at Will. (i)_ Beneficiary may enter into and upon and take possession of all or any part of the Property, and may exclude Trustor, and all persons claiming under Trustor, and its agents or servants, wholly or partly therefrom; and, holding the same, Beneficiary may use, administer, manage, operate, and control the Property and may exercise all rights and powers of Trustor in the name, place and stead of Trustor, or otherwise, as the Beneficiary shall deem best; and in the exercise of any of the foregoing rights and powers Beneficiary shall not be liable to Trustor for any loss or damage thereby sustained unless due solely to the willful misconduct or gross negligence of Beneficiary. (ii) In the event of a trustee's or other foreclosure sale hereunder and if at the time of such sale Trustor or any other party (other than a tenant under a Lease as to which the Beneficiary shall have expressly subordinated the lien of this Deed of Trust as hereinabove set out) occupies the portion of the Property so sold or any part thereof, such occupant shall immediately become the tenant of the purchaser at such sale, which tenancy shall be a tenancy from day to day, terminable at the will of such purchaser, at a reasonable rental per day based upon the value of the portion of the Premises so occupied (but not less than any rental theretofore paid by such tenant, computed on a daily basis). An action of forcible detainer shall lie if any such tenant holds over a demand in writing for possession of such portion of the Premises. (e) Receiver. Beneficiary may make application to a court of competent jurisdiction, as a matter of strict right and without notice to Trustor or regard to the adequacy of the Property for the repayment of the Obligations, for appointment of a receiver of the Property, and Trustor does hereby irrevocably consent to such appointment. Any such receiver shall have all necessary and proper powers and duties of receivers in similar cases, including the full power to rent, maintain and otherwise operate the Property upon such terms as may be approved by the court. Page 6 2013 -00641 (f) Remedies Cumulative, Concurrent and Nonexclusive. If the Obligations are now or hereafter further secured by chattel mortgages, other deeds of trust, security agreements, pledges, contracts of guaranty, assignments of leases, or other security, Beneficiary may, at its option, exhaust its remedies under any one or more of said instruments and this Deed of Trust, either concurrently or independently, and in such order as Beneficiary may determine. Beneficiary shall have all rights, remedies and recourses granted in the Loan Documents and available to it at law or equity (including, without limitation, those granted by the Uniform Commercial Code), and same (a) shall be cumulative, concurrent, and nonexclusive, (b) may be pursued separately, successively or concurrently against Trustor or others obligated for the Obligations, or any part thereof or against any one or more of them, or against the Property, at the sole discretion of Beneficiary, and (c) may be exercised as often as occasion therefor shall arise, it being agreed, by Trustor that the exercise of or failure to exercise any of same shall in no event be construed as a waiver or release thereof or of any other right, remedy or recourse. (g) Waiver by the Beneficiary. The Beneficiary may permit the Trustor to attempt to remedy any default without waiving its rights and remedies hereunder, and the Beneficiary may waive any default without waiving any other subsequent or prior default by the Trustor. Furthermore, delay on the part of the Beneficiary in exercising any right, power or privilege hereunder or at law will not operate as a waiver thereof, nor will any single or partial exercise of such right, power or privilege preclude other exercise thereof or the exercise of any other right, power or privilege. No waiver or suspension will be deemed to have occurred unless the Beneficiary has expressly agreed in writing specifying such waiver or suspension. (h) Attorneys' Fees and Other Costs. Attorneys' fees and other costs incurred in connection with this Deed of Trust may be recovered by the Beneficiary and included in any sale made hereunder or by judgment of foreclosure. 42 Request for Notice. Trustor hereby requests that, unless otherwise prescribed by law, a copy of any notice of default and a copy of any notice of sale pursuant to the Nebraska Trust Deeds Act be mailed to each Trustor at the Trustor mailing address set forth in this Deed of Trust. ARTICLE V. TRUSTEE 5.1 Action by Trustee. The Trustee named herein shall be clothed with full power to act when action hereunder shall be required. The term "Trustee" shall be construed to mean "Trustees" whenever the sense requires. The necessity of the Trustee herein named, or any successor in trust, making oath or giving bond, is expressly waived. 5.2 Employment. of Agents. The Trustee, or any one acting in its stead, shall have, in its discretion, authority to employ all property agents and attorneys in the execution of this trust and /or in the conducting of any sale made pursuant to the terms hereof, and to pay for such services rendered out of the proceeds of the sale of the Property, should any be realized; and if no sale be made or if the proceeds of sale be insufficient to pay the same, then Trustor hereby undertakes and agrees to the cost of such services rendered to said Trustee. Trustee may rely on any document believed by it iri good faith to be genuine. All money received by the Trustee shall, until used or applied as herein provided, be held in trust, but need not be segregated (except to the extent required by law), and the Trustee shall not be liable for interest thereon. 5.3 Indemnification of Trustee. If the Trustee shall be made a party to or shall intervene in any action or proceeding affecting the Property or the title thereto, or the interest of the Trustee or Beneficiary under this Deed of Trust, the Trustee and Beneficiary shall be reimbursed by Trustor, immediately and without demand, for all reasonable costs, charges and attorneys' fees incurred by them or either of them in any such case, and the same shall be secured hereby as a further charge and lien upon the Property. 5.4 Successor Trustee. Beneficiary may appoint a successor or replacement Trustee in accordance with the provisions of the Nebraska Trust Deeds Act. Page 7 2013 -00641 ARTICLE VI. MISCELLANEOUS In addition to all other miscellaneous provisions under the Loan Documents which are expressly incorporated as a part of this Deed of Trust, the following provisions will also apply: 6.1 Term of Deed of Trust. This Deed of Trust shall continue in full force and effect until this Deed of Trust is released. 6.2 Time of the Essence. Time is of the essence with respect to payment of the Obligations, the performance of all covenants of the Trustor and the payment of taxes, assessments, and similar charges and insurance premiums. 6.3 Subrogation. The Beneficiary will be subrogated to the lien of any mortgage or other lien discharged, in whole'or in part, by the proceeds of the Note or other advances by the Beneficiary, in which event any sums otherwise advanced by the Beneficiary shall be immediately due and payable, with interest at the default rate set forth in the Loan Documents from the date of advance by the Beneficiary to the date of payment by the Trustor, and will be one of the Obligations secured by this Deed of Trust. 6.4 Choice of Law. This Deed of Trust will be governed by the laws of the state in which the Property is located. For all other purposes, the choice of law specified in the Loan Documents will govern. 6.5 Severability. Invalidity or unenforceability of any provision of this Deed of Trust shall not affect the validity or enforceability of any other provision. 6.6 Entire Agreement. This Deed of Trust is intended by the Trustor and the Beneficiary as a final expression of this Deed of Trust and as a complete and exclusive statement of its terms, there being no conditions to the full effectiveness of this Deed of Trust. No parol evidence of any nature shall be used to supplement or modify any terms. 6.7 Joint Liability; Successors and Assigns. If there is more than one Trustor, the liability of the Trustors will be joint and several, and the reference to "Trustor" shall be deemed to refer to each Trustor and to all Trustors. The rights, options, powers and remedies granted in this Deed of Trust and the other Loan Documents shall extend to the Beneficiary and to its successors and assigns, shall be binding upon the Trustor and its successors and assigns, and shall be applicable hereto and to all renewals, amendments and /or extensions hereof. 6.8 Indemnification. Except for harm arising from the Beneficiary's or the Trustee's willful misconduct, the Trustor hereby indemnifies and agrees to defend and hold the Beneficiary and the Trustee harmless from any and all losses, costs, damages, claims and expenses (including, without limitation, attorneys' fees and expenses) of any kind suffered by or asserted against the Beneficiary or the Trustee relating to claims by third parties arising out of the financing provided under the Loan Documents or related to the Property (including, without limitation, the Beneficiary's failure to perform its obligations relating to Environmental Matters described in Section 2.8 above) or the exercise by the Beneficiary or the Trustee of any of their respective powers, rights and remedies under this Deed of Trust. This indemnification and hold harmless provision will survive the termination of the Loan Documents and the satisfaction of this Deed of Trust and Obligations due the Beneficiary. 6.9 Notices. Notice of any record shall be deemed delivered when the record has been (a) deposited in the United States Mail, postage pre -paid, (b). received by overnight delivery service, (c) received by telex, (d) received by telecopy, (e) received through the internet, or (f) when personally delivered. 6.10 Release of Rights of Dower, Homestead and Distributive Share. Each of the undersigned hereby relinquishes all rights of dower, homestead and distributive share in and to the Property and waives all rights of exemption as to any of the Property. Page 8 2013 -00641 6.11 Copy, The Trustor hereby acknowledges the receipt of a copy of this Deed of Trust, together with a copy of each promissory note secured hereby, and all other documents executed by the Trustor in connection herewith. 6.12 Usury Savings Clause. Notwithstanding anything herein or in the Note to the contrary, no provision contained herein or in the Note which purports to obligate the Trustor to pay any amount of interest or any fees, costs or expenses which are in excess of the maximum permitted by applicable law, shall be effective to the extent that it calls for the payment of any interest or other sums in excess of such maximum. All agreements between the Trustor and the Beneficiary, whether now existing or hereafter arising and whether written or oral, are hereby limited so that in no contingency, whether by reason of demand for payment of or acceleration of the maturity of any of the indebtedness secured hereby or otherwise, shall the interest contracted for, charged or received by the Beneficiary exceed the maximum amount permissible under applicable law. If, from any circumstance whatsoever, interest would otherwise be payable to the Beneficiary in excess of the maximum lawful amount, the interest payable to the Beneficiary shall be reduced to the maximum amount permitted under applicable law; and if from any circumstance the Beneficiary shall ever receive anything of value deemed interest by applicable law in excess of the maximum lawful amount, an amount equal to any excessive interest shall at the Beneficiary's option, be refunded to the Trustor or be applied to the reduction of the principal balance of the indebtedness secured hereby and not to the payment of interest or, if such excessive interest exceeds the unpaid balance of principal indebtedness secured hereby, such excess shall be refunded to the Trustor. This paragraph shall control all agreements between the Trustor and the Beneficiary. 6.13 Riders. The rider(s) attached hereto and recorded together with this Deed of Trust are hereby fully incorporated into this Deed of Trust. [Check applicable box(es)] ❑ Condominium Rider ❑ Second Deed of Trust Rider [] Construction Loan Rider ❑ Other(s) (Specify) [SIGNATURE(S) AND NOTARIZATION ON NEXT PAGE] Page 9 2013 -00641 IN WITNESS WHEREOF, the undersigned has /have executed this Deed of Trust effective as of February 8, 2013. (Individual Trustor) Printed Name NIA (Individual Trustor) Printed Name NIA Trustor Address: 2106 Grant Street Blair, NE 68008 J_aneos Holdings, LLC Trustor Name (Organization) a Nebras a limited liability oml2an By , ! Name' nd Title Jane E Bouwman, Member By Name and Title _ ._ Beneficiary Addreyd: 400 City Center, *hkosh, 901 Page 10 2013 -00641 STATE OP— At,, � -)SS. COUNTY OF t' This instrument was acknowledged before me on by Jane E Bouwman , (Date) (Name(s) of person(s)) Member ' Type of authority, if any, e.g., officer, trustee; if an individual, state "a married individual" or "a single individual') of Janeos Holdings, LLC , (Name of entity on whose behalf the document was executed; use if individual) a Nebraska limited liability company , on behalf of the (State of Organization, Type of Organization) (Type of Seal) R08ERTA L. BUSSELMAN General Notary State of Nebraska MY Commission Expires Feb 27, 2 015 Page 11 Printed Name: Notary Public, State of: My commission expires: 2013 -00641 EXHIBIT A TO DEED OF TRUST (Legal Description) Grantor/rrustor: Janeos Holdings, LLC Trustee: U.S. BANK N.A. Beneficiary: U.S. BANK N.A. Legal Description of Land: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. Property located at 1221 Deerfield Blvd, Blair, NE 68008 2013 -00641 ORDINANCE NO. 2235 COUNCIL MEMBER WOLFF INTRODUCED THE FOLLOWING ORDINANCE: AN ORDINANCE AUTHORIZING THE SALE OF LOT 4, DEERFIELD ADDITION, A SUBDIVISION IN THE CITY OF BLAIR, NEBRASKA FOR THE SUM OF $177,000.00; PROVIDING FOR NOTICE OF SUCH SALE TO BE PUBLISHED FOR THREE CONSECUTIVE WEEKS IMMEDIATELY AFTER THE PASSAGE OF THIS ORDINANCE; AUTHORIZING THE MAYOR TO ENTER INTO A PURCHASE AGREEMENT WITH THE BUYER, LITTLE BLOSSOMS CHILDCARE, AND TO MAKE ALL NOTIFICATIONS REQUIRED UNDER NEB. REV. STAT. §16-202, INCLUDING NOTIFICATION OF THE RIGHT OF REMONSTRANCE; PROVIDING FOR ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH TO BE REPEALED AND PROVIDING THAT SAID ORDINANCE SHALL BE IN FULL FORCE AND EFFECT FOLLOWING PASSAGE AND PUBLICATION AS REQUIRED BY LAW AND ORDERING THE ORDINANCE PUBLISHED IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: SECTION 1. The City of Blair authorizes the Mayor and City Clerk to execute and deliver a Purchase Agreement by and between the City of Blair, Nebraska, and Little Blossoms Childcare, whereby the City agrees to sell the real estate described hereinabove for the sum of $177,000.00 and pursuant to the terms and provisions of the Purchase Agreement attached hereto and marked Exhibit "A ". SECTION 2. The Mayor and City Clerk of the City of Blair, Nebraska hereby authorized and directed to make all notifications required under Neb. Rev. Stat. §16 -202, et.seq., including but not limited to notice of the sale and the terms thereof, and, after the required remonstrance period has lapsed and City has not received a remonstrance against such sale signed by registered voters of the City equal in number to Thirty Percent (30 %) of the registered voters of the voters voting at the last regular municipal election held therein, then, the Mayor and City Clerk are authorized to execute and deliver any and all documents, deeds or other instruments necessary to effectuate such conveyance of real estate. SECTION 3. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED THIS 27TH DAY OF NOVEMBER, 2012. CITY OF BLAIR, NEBRASKA BY JA E . REALPH, MAYOR ATTEST: Am -L' B NDA R. WHEELER, CITY LERK (SEAL) STATE OF NEBRASKA ) ) :ss: COUNTY OF WASHINGTON ) BRENDA R. WHEELER, hereby certifies that she is the duly appointed, qualified, and acting City Clerk of the City of Blair, Nebraska, and that the above and foregoing Ordinance was duly passed and approved at a regular meeting of the Mayor and City Council of said City held on the 27th day of November, 2012. BRENDA R. WHEELER, CITY CLERK AGREEMENT FOR SALE OF REAL ESTATE THIS AGREEMENT made this _ day of t<? f` , 2014, by and between the City of Blair, Nebraska, a Municipal Corporation, hereinafter referred to as "Seller ", and Janeos Holdings, LLC dba Little Blossoms Childcare, hereinafter referred to as "Buyer ". WITNESSETH: Seller agrees to sell and convey to the Buyer by Quit Claim Deed, free and clear of all encumbrances except easements and restrictions of record, the following described real estate, to -wit: Lot 4, Deerfield Addition, City of Blair, Blair, Nebraska said Buyer agrees to purchase said property on the following terms and conditions, to -wit: The purchase price therefore is agreed to be the sum of One Hundred Seventy Seven Thousand Dollars and No Cents, ($177,000.00), which shall be paid in cash at the time of closing. Closing of the transaction shall be on a date agreed to between Seller and Buyer, but in no case shall the closing be on a date less than 30 days from the date of the publication of the Ordinance Authorizing the sale nor more than 60 days from date of said publication date. Upon the signing of this agreement for the sale of this real estate, the buyer shall make a down payment deposit of One Thousand Dollars and no cents ($1,000.00), which shall be non refundable unless seller is unable to deliver marketable title, but shall be credited toward the purchase price at the time of closing. It is understood and agreed by and between the parties hereto that Buyer shall receive possession of the premises upon closing. The City of Blair hereby specifically reserves all easements over and across said right of way for a storm sewer and any other utilities on said real estate as they exist on the date ofthis agreement and as may have been contemplated in the platting of the Subdivision. The Buyer shall have the right to move and reconstruct said storm sewer or other utilities to any location on said real estate provided same is at the Buyer's sole expense and pursuant to Seller's specifications. The Buyer shall be responsible for any sidewalk or other assessments which may be made on or after the date of this agreement and which are attributable to the real estate. Seller shall be responsible for payment of any real estate taxes assessed against the premises for the 2012 tax year and prior. The Buyer shall be responsible for and shall pay any and all taxes assessed against the premises including, but not limited to any assessments made for any tax year or partial year after the date of this sale. The Seller shall not have any obligation or liability to provide a survey of the premises. In the event the Buyer requests, Seller shall provide to the Buyer a title insurance commitment to said premises showing good and marketable fee simple title in it for conveyance to said Buyer. The cost of such title insurance shall be split equally between the parties. The Seller specifically makes no warranties or representations as to the condition of the premises nor their usability as may be intended by the Buyer. The Buyer is purchasing the premises "as is ". The Buyer has made an inspection of the property and is familiar with the condition thereof and is not relying upon any representations made with reference thereto by the Seller except those set forth herein. This Agreement shall be subject to the filing of any remonstrance pursuant to Nebraska Statutes against the exchange of this property by Blair wherein such remonstrance would be deemed to be valid and which would prohibit, pursuant to the statutes of the State of Nebraska, the conveyance of the property by the City of Blair. In the event of such remonstrance, the purchase price shall be returned to the Buyer. Under no other circumstance shall the Buyer be entitled to a refund of the purchase price. This agreement and purchase shall be further contingent upon the buyer being granted a conditional use permit for the use of the property as a Day Care and /or Preschool per the Zoning regulations for the City of Blair, Blair, Nebraska. This Agreement executed the date first aforesaid shall be binding upon the assigns and successors of all parties hereto. CITY OF BLAIR, NEBRASKA B R EN DA . STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) B J M S E. LREALPH On this _,27_ day of 0 9 W6"— , 2012, before me, the undersigned a Notary Public, duly commissioned and qualified for in said county, personally came James E. Realph, Mayor ofthe City of Blair, Nebraska, Seller, to me known to be the identical person whose name is affixed to the foregoing agreement and acknowledged the execution thereof to be his voluntary act and deed. WITNESS my hand and Notarial Seal the day and year last abpve wri tp. PURCHASERS: JANEOS HOLDINGS, LLC DBA LITTLE BLOSSOMS CHILDCARE k B STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) M On this day of (-�i �e- m 6 (� , 2012, before me, the undersigned a Notary Pu duly commissioned and qualified for in said county, personally came ,b A ygm an , to me known to be the identical person whose name is affixed to the foregoing agreement and acknowledged the execution thereof to be his /her voluntary act and deed. WITNESS my hand and Notarial Seal the day and year last above written. GENERA! NOTARY - State of Nebraska NOTARY PUBLIC BRENDA R WHEELER My Cow, Exp, June 20, 20 18 Duplicate Affidavits of this Publication have been filed in the office of County Clerk ❑ Clerk of Dist. Court❑ County Clerk ❑ Sec. State ❑ STATE OF NEBRASKA WASHINGTON COUNTY Mark Rhoades Being by me first duly sworn, deposes and says that he is the Publisher of THE ENTERPRISE, a legal weekly newspaper printed and published at Blair, in Washington County, Nebraska and of general circulation in said County and State: that said newspaper has a bona fide circulation of more than 300 copies weekly, in said County: and has been published in said County for more than 52 successive weeks prior to the first publication of the attached notice, that the attached notice was published in said newspaper for 1 consecutive week(s) being the issues of. November 23, 2012 n General Manager Signature Subscribed in my presence, and sworn to before me This 23` day of November, 2012. GENERAL NOTARY - State of Nebraska Notary A TRACY A. PRETTYMAN °° My Comm, Exp. Sept. 10, 2013 Printers Fee For Publishing This Notice $ 10.31 Preparation of Affidavit and Billing $ Notary Fees $ Copy $ 25% discount for minutes $ TOTAL $ 10.31 LETTER OF AUTHORIZATION The undersigned Seller(s) of the property legally described as: Lot 4, Deerfield Addition to Blair, Washington County, Nebraska. does/do hereby authorize and direct Missouri River Title to receive an d receipt for the proceeds of the sale and to deliver the deed conveying the above described property to, the Buyer thereof. Seller(s) instruct Missouri River Title to sign, and therefore acknowledge(s) that said Entity has the authority to sign, any unrecorded documents on behalf of the undersigned in order to complete the closing of the transaction.. 1/WE also authorize our present lender(s) to provide Missouri River Title Company information regarding the status of loan, including but not limited to, payoff information. Dated this L: `, of February, 2013, THE CITY OF BLAB, NEBRASKA, A Nebraska Municipal Corporation V — �C, jjy E. Realph, Mayor 20130179 CITY OF BLAIR, NEBRAS Phone 402 -426 -4191 '!ii ) Do() o ®c) 02 02Z 5258 �a ffi l ( Lj�3 CK-4� 5-) 2�30 Lc 4-t" 4c" -l-o JaRc Rou-vvma'v1 THANK YOU T IS COPY W YOUR RECORDS. NO 3 2 8 4 RECEIVED BY Pounds Printing, Blair, NE 68008 File: 20130179 Buyer: Janeos Holdings, LLC, Seller: The City of Blair, Nebraska Property Address: Blair, NE 68008 (603) Cash to seller - $176,453.50 US Bank Escrow Account P. O. Box 1800 5 -12830 St. Paul, Minnesota 55101 -0800 Date 2/13/2013 Missouri River Title US Bank Escrow Account 5- 12830 ESCROW ACCOUNT P. O. Box 1800 11317 Davenport Street St. Paul, Minnesota 55101 -0800 Omaha, NE 68154 Date - (402) 333 -1025 2/13/2013 PAY One Hundred Seventy Six Thousand Four Hundred Fifty Three and 50/100 Dollars $ * *$176,453.50 THE The City of Blair, Nebraska ORDER R 218 South 16th Street Blair, NE 68008 Void after 90 days h (603) Cash to seller - $176,453.50 File: 20130179 Buyer: Janeos Holdings, LLC, A� 4, 11' S L 28 3011° is L040000 29i: L OS? 009 7 2 50 SO Duplicate Affidavits of this Publication have been filed in the office of County Clerk ❑ Clerk of Dist.Court ❑ County Clerk ❑ Sec. State ❑ AFFIDAVIT OF PRINTER STATE OF NEBRASKA WASHINGTON COUNTY Chris Rhoades, Being by me first duly sworn, deposes and says that he is the Associate Publisher of THE PILOT - TRIBUNE, a legal weekly newspaper printed and published at Blair, in Washington County, Nebraska and of general circulation in said County and State: that said newspaper has a bona fide circulation of more than 300 copies weekly, in said County: and has been published in said County for more than 52 successive weeks prior to the first publication of the attached notice, that the attached notice was published in said newspaper for 3 consecutive week(s) being the issues of: December 4 2012 December 11 2012 December 18 2012 s Associat ublisher Signature Subscribed in my presence, and sworn to before me This 18' day of December, 2012 L- 11 NERAL NOTARY - State of Nebraska Notary TRACY A. PRETfYMAN My Comm. Exp. Sept. 10, 2013 Printers Fee For Publishing This Notice $ 36.47 Preparation of Affidavit and Billing $ Notary Fees $ Copy $ 25% discount for minutes $ TOTAL $ 36.47