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and
<br />and
<br />201402822
<br />EXCEPTING a portion of land described as follows: A tract of land
<br />located in the Southwest Quarter (SW' /.) of Section Thirty -four (34),
<br />Township Thirteen (13) North, Range Eleven (11) West of the 6th P.M.,
<br />Howard County, Nebraska, and more particularly described as follows:
<br />Commencing at the Southwest corner of said Section Thirty -four (34), also
<br />being the point of beginning; thence on an assumed bearing of North
<br />3 °11'30" East along the West line of said Southwest Quarter (SW' /4) a
<br />distance of Four Hundred Ten (410.00) feet; thence North 90°00'00" East
<br />and parallel to South line of said Southwest Quarter (SW' /4) a distance of
<br />Five Hundred Thirty -two (532) feet; thence South 3 °11'30" West and
<br />parallel to West line of said Southwest Quarter (SW1/4) a distance of Four
<br />Hundred Ten (410) feet to a point on the South line of said Southwest
<br />Quarter (SW' /4); thence North 90°00'00" West along the South line of said
<br />Southwest Quarter (SW1/4) a distance of Five Hundred Thirty -two (532) feet
<br />to the point of beginning
<br />EXCEPTING a tract of land comprising a part of the South Half of the
<br />Southwest Quarter (S' /2SW /4) of Section Thirty -four (34), Township Thirteen
<br />(13) North, Range Eleven (11) West of the 6th P.M., in Howard County,
<br />Nebraska, more particularly described as follows: Beginning at a point
<br />on the South line of said Southwest Quarter (SW' /4), said point being Five
<br />Hundred Thirty -two (532.0) feet East of the Southwest corner of said
<br />Section Thirty -four (34); thence Easterly along the South line of said
<br />Section Thirty -four (34), a distance of Eight Hundred Twenty -one and
<br />Twenty -one Hundredths (821.21) feet; thence deflecting left 90°00' and
<br />running Northerly, a distance of Four Hundred Nine and Twenty -six
<br />Hundredths (409.26) feet; thence deflecting left 90°00' and running
<br />Westerly, a distance of Seven Hundred Ninety -eight and Thirty -three
<br />Hundredths (798.33) feet; thence deflecting left 86 °48'24" and running
<br />Southerly, a distance of Four Hundred Ten (410.0) feet to the place of
<br />beginning
<br />EXCEPTING A CERTAIN TRACT MORE PARTICULARLY DESCRIBED IN
<br />Condemnation Proceedings as recorded in Report of Appraisers filed
<br />January 9, 1976 in Book 33, Page 31
<br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust
<br />nevertheless, and in case of default in the payment of said Note or any part thereof or
<br />interest thereon or in the performance of any covenant hereinafter set forth, then the
<br />Trustee shall have the power to sell the above - described property, and upon request of
<br />the Beneficiary, the Trustee shall file for record in the Register of Deed's Office of Hall and
<br />Howard County, Nebraska, a Notice of Default, setting forth that a breach of an
<br />obligation for which the said property was conveyed as security has occurred, and setting
<br />forth the nature of such breach and the Trustee's election to sell the property to satisfy the
<br />obligation; and after the lapse of not less than one (1) month, the Trustee shall give written
<br />notice of the time and place of sale which may be between 9:00 a.m. and 5:00 p.m. at
<br />the premises, or at the Hall or Howard County Courthouse, and particularly describing the
<br />property to be sold, said Notice to be published in a newspaper of a general circulation in
<br />Hall and Howard County, Nebraska, once a week for five (5) consecutive weeks, the last
<br />publication to be at least ten (10) days but not more than thirty (30) days prior to the sale;
<br />and the Trustee shall then sell said property at the time and place designated in this
<br />Notice, in the manner provided by law in effect at the time of filing said notice, at public
<br />auction to the highest bidder for cash, and shall deliver to such purchaser a deed to the
<br />property sold consistent with the law in effect at that time. Additionally, Trustor hereby
<br />requests that Trustee shall mail Trustor a copy of any Notice of Default and Notice of Sale
<br />hereunder upon default addressed to him at 11225 West Loup River Road, Dannebrog,
<br />Nebraska 68831. Out of the proceeds of said sale, the Trustee shall retain and pay first all
<br />fees, charges, and costs of sale, and all monies advanced in the exercise of the power of
<br />sale, including the payment of the Trustee's fees actually incurred, and pay second the
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