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Record and return to: <br />Ronald S. Depue <br />PO Box 460 <br />Grand Island, NE 68802 <br />X el <br />-11 re zit <br />c <br /><n <br />DEED OF TRUST <br />THIS DEED OF TRUST, made thi day of /DKA+_ , <br />A.D., 2013, by and between Trausch Dynamics, Inc., a Nebraska <br />corporation, hereinafter called "Trustor" (whether one or more), <br />and Ronald S. Depue, Attorney at Law, of Hall County, Nebraska, <br />hereinafter called "Trustee," and David J. Trausch, whose address <br />is 4059 Dack Avenue, Grand Island, NE 68803, hereinafter called <br />"Beneficiary "; <br />WITNESSETH, That the Trustor, for good and valuable consider- <br />ation, including the debt and trust hereinafter mentioned and <br />created, and the sum of one dollar to Trustor paid by the said <br />Trustee, the receipt and sufficiency of which is hereby acknowl- <br />edged, does by these presents, irrevocably grant, bargain and sell, <br />convey, assign and confirm unto the said Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of Beneficiary, under <br />and subject to the terms and conditions of this Deed of Trust, the <br />following described real property situated in Hall County, <br />Nebraska, to -wit: <br />Lot Twenty -two (22), Westgate Subdivision, in the City of <br />Grand Island, Hall County, Nebraska; <br />Lot Four (4), Westgate Subdivision, in the City of Grand <br />Island, Hall County, Nebraska. <br />TOGETHER with and including all and singular the tenements, <br />hereditaments, appurtenances and privileges thereunto belonging or <br />in anywise appertaining, whether now or hereafter acquired, which <br />shall include, without limiting the generality of the foregoing, <br />the following: <br />All of the rents, issues and profits, including all rents, <br />royalties, bonuses and benefits under any existing or future <br />oil, gas or mineral or other leases; all easements and rights <br />of way; all rights of homestead and homestead exemption and <br />any surviving spouse's marital or distributive share, and all <br />other contingent rights in and to said premises; and <br />All fixtures, improvements, buildings, and the plumbing, <br />heating, ventilating and lighting systems and equipment <br />therein, all of which shall be construed and considered as <br />affixed to and part of the real estate. <br />All of the foregoing estate, property and interest hereby conveyed <br />to the said Trustee is hereinafter collectively referred to as the <br />"Property." <br />TO HAVE AND TO HOLD the same unto the said Trustee, Vustee's <br />successors and assigns forever, IN TRUST HOWEVER and WITH POWER OF <br />SALE hereby expressly granted unto the said Trustee, Trustee's <br />successors, and assigns for the purpose of securing: <br />(a) The payment of Trustor's just indebtedness to Beneficiary <br />in the principal sum of Sixty -four Thousand Two Hundred Fourteen <br />" <br />rn <br />Z <br />ro rn <br />--I <br />O rn <br />t-a C7 <br />co CO <br />co pp <br />ni <br />