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<br />THIS DEED OF TRUST, is made as of the 20th day of September, 2012, by and among, Bernard J.
<br />Glos and Barbara A. Glos, husband and wife, ("Trustor"), whose mailing address is 1413 T Street, Ord, NE 68862;
<br />Andrew D. Romatzke, a member of the Nebraska State Bar Association ("Trustee"), whose mailing address is 503 W.
<br />Koenig St., Suite B, Grand Island, NE 68801; and Robert W. Vogeler, Trustee of the Robert W. Vogeler Revocable
<br />Trust and Bertha M. Vogeler, Trustee of the Berth M. Vogeler Revocable Trust ("Beneficiary"), whose mailing address
<br />is 48976 Highway 22, Scotia, NE 68875.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee,
<br />IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms a.nd
<br />conditions of this Deed of Trust, the real property located in the County of Hall, State of Nebraska, and legally described
<br />as follows (the "Property"):
<br />Lot Thirty-nine (39), in West Heights Addition to the City of Grand Island, Hall County, Nebraska
<br />TOGETHER
<br />roads, streets and alleys, impro�
<br />be or hereafter become an integ
<br />rights.
<br />WITH, all rents, easements, appurtenances, hereditaments, interests in adjoining
<br />�ements and buildings of any kind situated thereon and all personal property that may
<br />ral part of such buildings and improvements, all crops raised thereon, and all water
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively
<br />as the "Trust Estate"
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $63,000.00, with interest thereon, as
<br />evidenced by that certain promissory note of even date (the "Note") with a maturity date of October 5, 2032,
<br />executed by Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this
<br />reference is hereby made a part hereof, and any and all modifications, extensions and renewals thereof, and
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon
<br />at the rate of 5% �er annum, and
<br />c. The performance of Trustor's covenants and agreements.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the
<br />payment and performance of any obligation secured hereby are referred to collectively as the "Loan Instruments"
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan
<br />Instruments. A late penalty of 5% on all amounts due and owing shall apply for each monthly installment received
<br />more than fifteen (15) days after the due date.
<br />2. TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments of
<br />every kind, now or hereafter levied against the Trust Estate or any part thereof directly without notice or demand as
<br />each installment comes due and shall provide the Beneficiary with evidence of the payment of the same.
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage
<br />insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than
<br />the amount of the unpaid principal balance of the Note (co-insurance not exceeding 80% permitted). Such insurance
<br />policy shall contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable, ternvnable or
<br />modifiable without ten (10) days prior written notice to Beneficiary. Trustor shall furnish Beneficiary a certificate of
<br />insurance coverage at Beneficiary's request, with a provision in such certificate that the insurer shall provide
<br />Beneficiary ten (10) days advance notice of any cancellation of the policy at any time for any reason, or of expiration
<br />of policy without renewal thereof. Trustor shall promptly repair, maintain, and replace the Trust Estate or any part
<br />thereof so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall the Trustor
<br />commit waste on or to the Trust Estate.
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal, state, and
<br />local environmental laws, ordinances, rules, requirements, regulations, and publications as now existing or hereafter
<br />existing, amended, supplemented, or supplanted relating to the preservation of the environment or the regularion or
<br />control of toxic or hazardous substances or materials. Trustor hereby warrants and represents to Beneficiary that
<br />there are no toxic or hazardous substances or materials on or under the Properly. Trustor does hereby indemnify and
<br />hold Beneficiary harmless and any successors to Beneficiary's interest from and against any and all claims, damages,
<br />losses, and liabilities arising in connection with the presence, use, disposal, or transport of any substance which is
<br />the subject of any environmental law, regulation, or control of toxic or hazardous substances or materials on, under,
<br />from, or about the Property. This indemnity shall survive reconveyance of the Property secured by this Trust Deed.
<br />.5 �
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