PZ - Warranty Deed aWK: Deed Go inm-ONTWUed PilIe NHa--.46101-2572028 UD)
AF FER RECMING fiWL TO: A[}-.. ptr�s COUNTY'RECORDER Cr�b] ❑ Rieh 01 6-0 8 06
�E IDAMG Pgr3 DAVVNTR+Vain 04}05)2015 43:55 PM i
— Meg ldlan €ItiV r1 7t5, LLC FRS AMER 'N� AN13 �W OCWPANY' . v�
Attn: G. Water Gasser
�yy
74 East �Soutb. Sulte 2W
Bountiful, Lftah $4010
SLF Lt Y RECCqOED-00 HOT
AD 4t TtJE COUNTY 51AUKD RST
PUTT 7 THE ORCYRk p=AENT
A,P.N : File No. 4101- F2D28 ?TD i
DEED OF TRUST
THIS DEED OF TRUST, made thv� day of April, 2016, between GFI-MERIDIAN
JNVESTMENTS, LLC, a Utab Iirnited Inability company, as CRANTOR(S), whams address is 74 East 500
South, Suite 200, aauntMj, Utah 84D10, and First American Trde Company, a California
Corporztion. a$ TRUSTEE, whose addrm is 3W E. Langwing Lane, Suite 730, Meridian, ID
83646. THE XLT FUND, LTD., a Utah €!matted Csrtnembip, as BENEFICIARY, wh 5e address is 74
East 5U0 South, Suite 200, eW�tuntift to Utah 84010;
rrTii`Ss H: That Gram does twTeby irtevocabty GRANT, B,AR" N, SELL AND CONVEY TO TRUSTEE
IN TRUST, !TH POWER OF SALE, that pruperty to t1 County of Acla, State of Idaho, described as
fviln r and coMairrirng rw3t more tin 80 acF s:
LEGAL DESCRIPTION: Real property in the County of Ada, SWte of Idaho, descnted as foliom'
PARCEL I:
A PARCEL OF LAND LOCATED IN THE SW 1/4 OF THE NW 1/4 Of SECTION 4, TOWNSHIP 3
{NORTH, RANGE 1 FAST. BOISE MERIDIAN, CITY Of MERIDIAN, AIDA COUNTY, IDAHO, A
PORTION BEING SHOWN ON RECORD Of SURVEY NO. 9983 RECORDED AS INSTRUMENT
NO. 2014-102475 AMENDED BY AFFIDAVIT RECORDED AUGUST 4, 2015 AS INSTRUMENT
NO. 2015070892, ADA COUNTY RECORDS, MORE PAR 71CULARLY AS FOLLOWS:
COMMENCING AT A FOUND BRASS CAP MONUMENT MARKING THE (NORTHWEST CORNER OF
SECT ON 4, THENCE
SOUTH 0c'36'00" WEST. COINCIDENT 1NITH THE WEST LINE OF THiE N W 4 OF SAID SECTI0N
4, A DLSTANCE OF 1,385.13 FEET, THENCE
SOUTH 89051'36"EAS7 7 0.00 FEET TO THE EAST RIGHT OF WAY OF N. EAGLF ROAD, THE
SOUTHWEST CORNER OF SOUTHEAST CORNER MARKETPLACE SUBDIVISION NO. 1, AS
SHOWN ON FILE IN BODK 101 OF PLATS AT PAGES 13253 THROUGH 13255, ADA COUNTY
P.ECORDS, AND THE POINT Of SEGINNING, THIENCE CONTINUING
AM Dead i%f TCLeA-CarF#mued Fla 1F4.;4101-2572M(TDI
AfTM#RECORDING MAIL TO:
GF1 —Meridian Invents, LLC
Am, G. Walter Gasser
74 East 500 South, Suite 200
Bountiful, Utah MID
9ECTFCNCAUY WCORtED-W
ME AS rr 6 10* ;NCOX(PA1ED AS
MOVCr W OWtft DOCUMENT-
A-P.N-: File NO, 41Q1-2572028 1TOI
DEED OF TRUST
THIS I.EED OF TAUST. made this day of April, 2016, between GIFI-MERIDIAN
INVESTMENTS, L.Lr_, a Utah G iked liability carnpany, aS GRANT0R:'S;, v-oho5e address is 74 East 500
South, Suite 200, $ourttiful, Utah 8402-0. and First American Title Ciompany, a California
Corporatiurt, as TRUSTEE, whnse address is 3540 E. Longwing Lane, Suite 230, meridiass, ID
83646, and THE XLT FU NO, LTD., a Utah limited partnership, as KNEFIGIARY, whose addFIL�ss 15 74
East 500 Seuth, Suite 200, 60unbfut, Utah W10,
WITNESSETH: That Grantor does hereby inv-mcaWy GPAN-i, ELARGA N, SELL AND CONVEY TO TRUS TE
1N TRUST, WITH POWER OF SALE. tttat Ffaperty in the Govnty of Ada, State of Idaho, descfibed as
rollows and containing not more tin 80 acres:
LEGAL DESCRIPTION: Real property in the County of Ada, State of Idaho, descries as tolloo s:
PARCEL I-
A PARCEL Of LAND LOCATED IN THE SW 1/4 OF THE Nw 1/4 OF SECTION 4, TOWNSHIP 3
NORTH, RANGE 1 EAST, BOISE MERIDIAN, CITY OF MERIDIAN, ADA COUNTY, IDAHO, A
PORTION BEING SHOWN ON RECORD OF SURVEY No. 9983 RECORDED AS INSTRUMENT
NO. 014-102475 AMENDED BY AFFIDAVIT RECORDED AUGUST 4, 2015 AS INSTRUMENT
NO. 2015070892, ADA COUNTY RECORDS, MORE PARTICULARLY AS FOLLOWS,
COMMENCING AT A FOUND BRASS CAP MONUMENT MARKING THE NORTHWEST CORNER OF
SECTION 4, THENCE
SOUTH 0=36'00" WEST, COINCIDENT WITH THE WEST LINE Of THE NW4 OF SAID SECTION
4, A DWANCE OF 1,385.13 FEET; THENCE
SOUTH 89051,36"EAST 70.00 FEET TO THE EAST RIGHT OF WAY OF N. EAGLE ROAD, THE
SOUTHWEST CORNER OF SOUTHEAST CORNER MARKETPLACE SUBDIVISION NO. 1, AS
SHOWN Ol'i FILE IN BOOK 101 OF PLAYS AT PACES 13253 THROUGH 13255, ADA COUNTY
RECORDS, AND THE POINT OF BEGINNING; THENCE CONTINUING
Paw Ia ;
1Ce�of tx�t- rnzu9d LF he:4101 ST Ze(TD)
SOUTH 89*51'36"€AST (FORMERLY EAST& FORMEFkLY S89050'"'E) COINCIDENT V11ITH THE
SOUTH LIME OF SAID SOUTHEAST CORNER MARKFT'PiLACE SUS NO. 1, A DISTANCE OF
700.15 FEET TO A 518-INCH REBAR; THENCE
NORTH 00°36'00"EAST (FORMERLY NORTH) COINCIDENT WITH THE BOUNDARY OF SAID
SOUTHEAST CORNER MARKETPLACE SUB NO. 1, A €DISTANCE OF 93,77 FEFT, THENCE
SOUTH 89c52'28"EAST (FORMERLY EAST & FORMERLY 589°52'58" E) COINCIDENT WITH
THE SOUTH LINE OF SOUTHEAST CORNER MARKETPLACE SUBDIVISION NO, 1, TF#E SOUTH
LINE OF GOVERNMENT LOT 4 OF SAID SECTION 4, AND THE SOUTH LINE OF UNA MAS
SUBDIVISION, AS SHOWN ON FILE IN BOOK 103 OF PLATS AT PAGES 13894 THROUGH
13896, ADA COUNTY RECORDS, 504.91 FEET TO THE WEST RIGHT OF WAY LINE OF N.
RECORDS AVE. AS SHOWN ON FILE IN INSTRUMENT NO. 114020090, ADA COUNTY
RECORDS; THENCE
SOUTH 00*40'39" WEST COI INCIDENT WITH SAID WEST RIGHT OF WAY OF N. RFCQRDS
AVE. 717.01 FEET; THENCE
NORTH 89"22'08" WEST 6 80.75 FEET; THENCE
NORTH 34"48'52" WEST (FORMERLY N35-25'W) 57.10 FEET; THENCE
NORTH 66°18'5 " WEST (FORMERLY N66.55'W) 264.00 FEET; THENCE
SOUTH 84°26 08" WEST (FORMERLY S83°50'YY) 132.06 FEET; THENCE
NORTH 53'04'00" WEST (FORMERLY N53°40-W) 144.06 FEET TO THE SAID EAST RIGHT OF
MAY LINE OF N. EAGLE ROAD; THENCE
NORTH 00�36'00" EAST 391.77 FEET TO THE POINT OF BEGINNING.
PARCEL I1,
EASEMENT RIGHTS AS CONTAINED IN CROSS ACCESS EASEMENT AGREEMENT, RECORDED
JANUARY 15, 2016, AS INSTRUMEN3 NO. 2016003980, RECORDS OF ADA COU NTY, IDAHO.
APIN:
TOGETHER WITH the ren%, issues, and profits thereof; SUB--L7, HOWEVER. to ttre right, per and
aud*nW hereinafter gwm ba aw conferred upon BeWsciary W collect and apply such rents, i55.r�eS and
profits for the pu� of wring paym (ept cif the indebWdoess evklenmd by a pmmts.o note, of even
date herewith, execuwd by Grantcw in Uhe sum of Eight Million Dollars ( $,000,000.O0) and to
sKure payment of all such furor sums as nay hereafter be loaned or advanced by the Bury
her6n to the Grantor hemin, or any or ei[)et of diem, while mccrd awaer of present interest, for any
purpose, and of any notes, draft or athe€ 1rarurnents represeribag such furtheF loans, advances or
expenditures together wM interest our all such surns at the rate ffierein provkled. provided, however,
that the malting of Svc h flirt loam, des ar expendltures shall be opbDn2d wfth the Bear iary,
and groti6ded, further, that r is the eqxess intemst on of the parties W this Deed of Trust that it ill stand
as wntinuing security until paid for alb wch advances Wgethej with interest thereon.
To protect the 5ecunty of this Deed or Trust, Grantor agrees:
By the execution of U* Deed of Tma and ft Nate hwzbry seared ftt pmviskms I too 5 lndusrve of
{cart A and ptovisium L to 9 inclusive of part $ of the Deed of Trust whemn Sohn B. Bell and Velda R.
Sell were Grantors and i lie and Trust Company was Trustee, which was recorded Mardi 22, 1957, as
lnslprment No. 408028, a page 189 of Vo!urne 291, Ada County, Idaho Mortgage Records, shall be anb
P2gr.- 2 7r 11
A H- C*ed Of Trial -oxftni ea Rre Uw.4101-25734Z8(W)
try are he� it rgpraWd aiW mace an int�-,g3ai part hereof for all pub as tl-x>j9h set fo ttt her0ri
at length.
Reque5t is heraeby made 07A a copy of any rjuDw of Default and a GOK of any Notice of Sale hereur7der
be rnadled to the Granter at his address hEreinbefore sit fah.
F[ — MFJMIAN INVES7MENT'S, LLC
a Utah lirr}t d liability company
BY. C., baiter Gass r, �4larrager
STATE OF Utah
COUNTY OF Salt take �
on this day of April, 2016, bye rate, a Notary PluWic in and for said State, persorvally appeared
G. Walter Gasses, as Manager of GFI — MERIDIAN INVESTMENTS, LLC, known or dent ed to +ram to be
the person where name is subsuibad to the w0tft Ord, and ackncmWdged to me that he
execLded the same.
In wk#s=s whereof, I. have hmunto set my hand and affixed my o ctal seal the day and year in this
cerffxate first above wrKWn,
+ft
iasy Fubhc for a State of Utah
My Commission Expires;
N&D ry Ptgi ik
J. I
Ofuukh
aaW 3 a[ 4
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