Warranty Deed V1 (2)A, K :—e�- -° " gyp 11c 4101-2572028 (M)
AFTER RECORDING MAIL TO, 2016-028306
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G;I - Nlerldian Invesen. LLC - _
Atr. G. �Nlalter Gasser
74 East 500 South, Suite 200
Bountiful, Utah 84010
EUCTROW-HILLY RGCOROED • Do NOT
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PAG: AS i7 is AS
PART.'; THE ORiGNA:. - uV-CNT
A.P.h._ File No. 4101-2572028 !TD)
DEED OF TRUST
THIS DEED Of TRUST, made this / jr day of April, 2016, between GFI-MERIDIAN
INVESTMENTS, LLC, a Jtah limited liability cornpany, as GRANTOR(S), whose address is 74 East 500
South, Suite 200, Bountiful, Utah 84010, and First American Title Company, a California
Corporation, as TRUSTE-E, whose address is 3540 E. Longwing Lane, Suite 230, Meridian, ID
83646, and THE XLT FUND, LTD., a Utah limited aartnership, as BENEFICIARY, whose addreSS 15 74
East 500 South, Suite 200, Bountiful, Utah 84010;
W7NESSET ' Tnat Grantor does hereby irr?vc<ably GRANT, BARGAIN, SELL AND CONVEY TO TRUSTEE
IN TRUST WTTt- POWER OF SALE, t^.at property in the County of Ada, State of Idaho, described as
follows and containing not more than 8'0 acres:
LEGAL DESCRIPTION: Reap prope,.y in the C-3urty of Ada, State of Idaho-, described as fofiows:
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. 2014-102475 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 0036'00" WEST, COINCIDENT WITH THE WEST LINE OF THE NW4 OF SAID SECTION
4, A DISTANCE 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 SUBDMSION NO. 1, AS
SHOWN ON FILE IN BOOK 101 OF PLATS AT PAGES 13253 THROUGH 13255, ADA COUNTY
RECORDS, AND THE POINT OF BEGINNING; THENCE CONTINUING
AFTER RE_0F'GI'4G?.',AIL T�)-
GF! — hler:dran !nvest^reni5 '_L
A-tri' �73. 1'jatter Gatistr
74 East =f _•0LUih, S'Jite 2GO
30w-itif;11, Utah S4131I3
A, P.%S.
_ 4101 2572028 (TD)
DEED OF TRUST
F,le t'Jc 4101-2572028 JD;
T:i'IS r,)EEt, OF made this / A�r day of April, 2016, t)etween GFI-MERIDIAN
INVESTMENTS, LLC, a ;ta! t.m,?�_„ liability corrpsny, as SRAr'JTr�F.;'S;, .hose addreis 74 East 500
South, Suite 200, Bountiful, Utah 84010, and First American Title Company, a California
Corporation, a5 TRUSTEE, :-.hos-e addres% is 3540 E. Longwing Lane, Suite 230, Meridian, ID
83646, .and THE XLT FUND, LTD. a Utan kmited ortnersh,F, as SEt1EFIC!ARY, vvnose address is 74
East 500 South, Suite 200, Bountiful, Utah 84010;
61r7,jFcSETF:• i ,at Grart, r dc: , hereby r-e':oca7h; 6P.At47, 6AR+aA.IN, SELL AtJC ':0N1iEY TO -RuSTEE
TR;1ST i.'riT•r. PO'NEP: 3;z SALE. !hat ;}rop-=rty an t�-:e County of Ada, State of Idaho, described as
fO;;CttiS arc. :onta,nrnG ^Ct :-,Ore ?; gar', SG 3Cre�:
LEGAL DESCRIPTION: ea! 1;'�t arty -` e C ,urt�; of Aoa S,at cf ::aho. dY .;r,t ad as 'olioV
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. 2014-102475 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 0036'00" WEST, COINCIDENT WITH THE WEST LINE OF THE NW4 OF SAID SECTION
4, A DISTANCE 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 ON FILE IN BOOK 101 OF PLATS AT PAGES 13253 THROUGH 13255, ADA COUNTY
RECORDS, AND THE POINT OF BEGINNING; THENCE CONTINUING
-- --_ - %, 4101-2572028 (TD)
SOUTH 89051'36"EAST (FORMERLY EAST & FORMERLY S89°50'46'E) COINCIDENT WITH THE
SOUTH LINE OF SAID SOUTHEAST CORNER MARKETPLACE SUB NO. 1, A DISTANCE OF
700.15 FEET TO A 5/8-INCH REBAR; THENCE
NORTH 00036'00"EAST (FORMERLY NORTH) COINCIDENT WITH THE BOUNDARY OF SAID
SOUTHEAST CORNER MARKETPLACE SUB NO. 1, A DISTANCE OF 93.77 FEET; THENCE
SOUTH 89052'28"EAST (FORMERLY EAST & FORMERLY S89°52'58" E) COINCIDENT WITH
THE SOUTH LINE OF SOUTHEAST CORNER MARKETPLACE SUBDIVISION NO. 1, THE 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 00040*39" WEST COINCIDENT WITH SAID WEST RIGHT OF WAY OF N. RECORDS
AVE. 717.01 FEET; THENCE
NORTH 89022'08" WEST 680.75 FEET; THENCE
NORTH 34048'52" WEST (FORMERLY N35025'W) 57.10 FEET; THENCE
NORTH 66018'52" WEST (FORMERLY N66055'W) 264.00 FEET; THENCE
SOUTH 84026'08" WEST (FORMERLY S83°50'W) 132.06 FEET; THENCE
NORTH 53004'00" WEST (FORMERLY N53°40'W) 144.06 FEET TO THE SAID EAST RIGHT OF
WAY LINE OF N. EAGLE ROAD; THENCE
NORTH 00°36'00" EAST 391.77 FEET TO THE POINT OF BEGINNING.
PARCEL II:
EASEMENT RIGHTS AS CONTAINED IN CROSS ACCESS EASEMENT AGREEMENT, RECORDED
JANUARY 15, 2016, AS INSTRUMENT NO. 2016003980, RECORDS OF ADA COUNTY, IDAHO.
APti:
fLVrTC'G:t-iEPbi:'H Tile al`•O tntte-. 5U3JE,V';-the right, Friar and
ailthorlty hcrelr'ditCr a,veri tC 3r;1 l 'vrtrr�.j ur`cr-_11C-:t dfTQ c.7GGly `Ill it 'Cnts, ;s5uih and
vof!ts fOr tilt' JI C:?G`rC Of jJii}T—' ---r}r r,1 *h"- Ifid-ttiCLynFGj a Frc1R1145Ury rrote. of even
rierc-vs;th, eit ute-.l by Grantor sure cf Eight Million Dollars ($8,000,000.00) and to
,. :l:re paymen' or ail such f i!'iii'r sums as may here, --el
t� iaan�2 Jr 3d'Jan%� i by the nrn2f Clary
n; rrrn to the -Srantor he'e!n, or anv of ,thtr Cf mem, .-.h,le recor0 v':iner of wesz---rt ;nterest, fo, any
Ur CSC, and Cf ar y cotes, J' l3trC`r instruments representing yt�Cn furth�'r laan5, advances or
e}:pc—nd;tures tcgetner „!th +ntcrc's*,on 311 :ucn 'Sum'--, ai the rate tf`?ieln ;rovK}e,. ProVl-bed, lob,,ever,
that t-hE rnaki!la_ of Sucn f'J tf'C' loalls, 3'd'lar:CeS 01 eXpi'ndlture5 Shal be optional voth the Beneficiary,
r �n r roc; In t'3f the ties t•o th;s Deed Of Trust that it shall Stand
an,, er:wiC� 'u. r. (tint ,t �� _ht _c.(; _ tr.ntror, p.;
S :J'.t nlan'a cC,."l y .:r,t;l ail s::c" c'G%anres t;:�Qether r:ILt' Interest t h'ft'_Gr
T:, _u t2ct the se`u- ti: c f U,,i, De-c of Trust. G-antor agrees:
E,v thc: exe-cution of t`15 Llce-d o` Tru'St 3r}j tnt Note nereby secured that p;ov:S ans _ to 6 Inclu5tve of
part A and pro':lsions _ tc:� W!llus've JF Part R. Of the :.r`'nd cf Trust '-iri— re;n John E. Bell and Weida F
anti Title and Trust Can-.x3ny :aa`_+ Trustee, :e),cn. .:as r._corGiJ ''arch 22, ]�57 a5
a Oc^y� :$: of ':,�:uni� -:41, aCa County, Idaho r''ortga'ae Pe -cords, >ha'I tie ana
APN. Deed OfTi'vft - conhnoed Rke No.: 4101-2572028 (TO)
they are hereby incorporated and made an integral part hereof for all purposes as though set forth herein
at l ixp.
Request is hereby made that a OW of any Notice of Default and a copy of any Notice of Sale hereunder
be mailed W the Grantor at his - ' I * s. hereinbefore set forth.
GFI - MERIDIAN DWSTMENTS, ILC
a Utah Ill, liability company
By: G. a6er-dii4r,
STATE OF Utah )
96.
COUNTY OF Salt Lake
On this LV— day of April, 2016, before me, a Notary Public in and fbr said State, personally appeared
G. Waiter Gasser, as Manager of GFI - MERIDIAN INVESTMENTS, LLC, known or identlfied to me to be
the person whose flame is subscribed to the within instrument. and acknowledged to me that he
exeajted dw same.
In wltness whereof, I how herewto set my hand and affixed my official seal the day and year in this
certificate first above vi tM
pl&ary Public forthe State of Utah
My Gommission Expires: 1p •2�i-1'i
PLtft
f J. DOILKE E 1
ate•► X. 2�;
_ saa of Utah
----�'j
Page 3 of 4
a It 'S Mutually agrvqrd thAt
- -I - I z , - - -,*, X:" .4- '1- 4101-257202S (TD)
THE PROMISSOP" NOTE OR NOTES AND ANY ivICENCIES of F.JRT"tk AHD; QR
ADDMOSAA. ADVANCES mus-, BE PomF%Tz-o wi r-.4 :tits Riwtsy