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<br />TRUSTOR:.
<br />TRUST'EE:
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<br />BENEFICIARY:
<br />Everett D. Forbes and Maria L. Forbes, husband and wife, as joint tenants,
<br />1811 S. Curtis Street, Gxand Island NE 68803;
<br />Barbata A. WYOblewski, Attorney at Law, #17072,
<br />P.O. Box 23, St. Pau1, NE 68873;
<br />Larry McClellan and Nancy McClellan, husband and wife, as joint tenants,
<br />356 12th Ave., Palmer NE 68864.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to
<br />Trustee, IN TRUST, WITH POWER OF SALE, fox the benefit and security of Beneficiary, under
<br />and subject to the texms and conditions of this Deed of Trust, the real property located in the
<br />County of Ha,ll, Sta.te of Nebxaska, and legally described as follows (the "Property"):
<br />Lot Eight (8), West Bel Air Fifth Subdivision, in the City of Grand Island, Hall
<br />County, Nebraska.
<br />TOGETHER WITH, all rents, easements, appurtenances, hereditaments, interests in adjoining
<br />xoads, streets and alleps, improvements and buildings of any kind situated thereon and all pexsonal
<br />property that may be or hexeafter become an integral part of such buildi.ngs and improvements, all
<br />cYOps raised.thexeon, and all water rights.
<br />The Property and the entire estate and interest conveyed to the Trustee axe xeferred to
<br />collectivelp as the "Trust Estate".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $139,000.00, with interest thereon at
<br />the rate of Five Percent (5%) per annum, as evidenced by that certain promissory note of even date
<br />(the "Note"), �xecuted by Trustor, which has been delivered and is payable to the ordex of
<br />Beneficiary, and which by this reference is hexeby made a part hereof, and any and all modifications,
<br />extensions and xenewals thereof, and
<br />b. Papment of all sums advanced by Beneficiary to pxotect the Trust Esta.te, with interest thereon at
<br />the xate of Fourteen Pexcent (14%) per annum, and
<br />c. The pexformance of Trustor's covenants and agreements.
<br />d. Pre�ayment. There shall be no penalty to the Borrowexs for pxepayment of principal amounts.
<br />This shall not excuse the Borrowers from making the next regular scheduled payment.
<br />e. AssigYUnent. This Deed of Trust is not assignable.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or fiartheY secure the
<br />payment and performance of any obligation secured hereby are referred to collectively as the "Loan
<br />Instruments".
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