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Return To: Denise D. Myers
<br />611 N. Diers Ave., Ste 1
<br />Grand Island, NE 68803
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<br />TRUST DEED
<br />THIS DEED OF TRUST is made on 'j 24 , 2014. The Trustors are Kevin J. Kenyon
<br />and Robyn L. Kenyon, husband and wife, (collectively "Borrower "). The Trustee is Stacie A.
<br />Goding, of Myers & Daugherty, 611 N. Diers Ave., Ste. 1, Grand Island, Nebraska 68803,
<br />( "Trustee "). The beneficiary is Rolland R. Dibbern, 310 Michael Ave., North Platte, NE 69101,
<br />( "Lender "). Borrower owes Lender the principal sum of Two Hundred Forty Four Thousand One
<br />Hundred Sixty Six and 671100 Dollars ($244,166.67). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for payment of principal,
<br />plus accrued interest in five annual payments. The Deed of Trust (sometimes referred to herein
<br />as "security instrument ") secures to Lender: (a) the repayment of the debt evidenced by the Note,
<br />and all renewals, extensions and modifications; (b) the payment of all other sums advanced under
<br />paragraph 4 to protect the security of this Security Instrument; and (c) the performance of
<br />Borrower's covenants and agreements. Forthis purpose, Borrower irrevocably grants and conveys
<br />to Trustee, in trust, with power of sale, the following described property located in Hall County,
<br />Nebraska:
<br />The Southwest Quarter of the Southwest Quarter (SW114SW114) of Section Fifteen
<br />(15), Township Ten (10) North, Range Ten (10), West of the 6 P.M., Hall County,
<br />Nebraska.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all
<br />easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water
<br />rights and stock and all fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this
<br />Security Instrument as the "Property ".
<br />BORROWERS COVENANT that Borrowers are lawfully seised of the estate hereby
<br />conveyed and have the right to grant and convey the Property and that the Property is
<br />unencumbered. Borrowers warrant and will defend generally the title to the Property against all
<br />claims and demands, subject to any encumbrances of record.
<br />COVENANTS. Borrowers and Lender covenant and agree as follows:
<br />1. Payment of Principal; Prepayment and Late Charges. Borrowers shall promptly pay
<br />when due the principal on the debt evidenced by the Note and any prepayment and late charges
<br />due under the Note. Prepayment of principal or any part thereof, shall be allowed without the prior
<br />written consent of Lender.
<br />2. Charges; Liens. Borrowers shall pay all real estate taxes and assessments attributable
<br />to the Property which may attain priority over this Security Instrument, and leasehold payments or
<br />ground rents, if any.
<br />Borrowers shall promptly discharge any lien which has priority over this Security
<br />Instrument unless Borrowers: (a) agree in writing to the payment of the obligation secured by the
<br />lien in a manner acceptable to Lenders; (b) contest in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
<br />enforcement of the lien or forfeiture of any part of the Property; or (c) secure from the holder of the
<br />lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If
<br />Lender determines that any part of the Property is subject to a lien which may attain priority over
<br />this Security Instrument, Lender may give Borrowers a notice identifying the lien. Borrowers shall
<br />satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of
<br />notice.
<br />3. Hazard Insurance. If required by Lender, Borrowers shall keep any improvements now
<br />existing or hereafter erected on the Property insured against loss by fire, wind, or other natural
<br />disasters, hazards included within the term "extended coverage" and any other hazards for which
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