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<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is made this day of 5e }ems , 2014, by and among ao
<br /> LUIS EMMANUEL UVALLE and ELIZABET ANNE JAMES, husband and wife, herein /AO.
<br /> referred to as "Trustor", whose mailing address is 343 E. Dodge Street, Grand Island,Nebraska
<br /> 68801; CATHLEEN H. ALLEN, Attorney-at-Law, hereinafter referred to as "Trustee", whose
<br /> mailing address is P. O. Box 790, Grand Island,Nebraska 68802; and GARY L. JAMES and
<br /> MARY ANN JAMES, husband and wife, as joint tenants with rights of survivorship, hereinafter
<br /> referred to as "Beneficiary", whose mailing address is 1203 W. Anna Street, Grand Island,
<br /> Nebraska 68801.
<br /> For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br /> Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject
<br /> to the terms and conditions of this Deed of Trust, the Trustor's interest in the following-described
<br /> property located in Hall County,Nebraska, to-wit:
<br /> All of the Easterly Thirty-Two Feet(E32') of the East Half of the East Half
<br /> (E'/2E'/2) of Block Fifteen (15), or what would be the Easterly Thirty-Two Feet
<br /> (E32') of Lot One (1) if laid out in city lots of said Block Fifteen(15) in
<br /> Windolph's Addition to the City of Grand Island,Nebraska, said tract being a
<br /> rectangular tract having a frontage of Thirty-Two Feet (32') on Anna Street, and a
<br /> depth of One Hundred Thirty-Two Feet(132') on Lincoln Street,
<br /> together with all improvements, fixtures and appurtenances located thereon or in any way
<br /> pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br /> all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br /> which, including replacements and additions thereto, are hereby declared to be a part of the real
<br /> estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br /> referred to as the "Property".
<br /> FOR THE PURPOSE OF SECURING:
<br /> (a) the payment of indebtedness evidenced by Trustor's note of
<br /> even date herewith in the principal sum of FORTY EIGHT THOUSAND
<br /> AND NO/100 DOLLARS ($48,000.00), together with interest at the rate
<br /> provided therein, or the principal and interest on any future advance not to
<br /> exceed the total principal sum initially secured hereby as evidenced by
<br /> promissory notes stating they are secured hereby, and any and all renewals,
<br /> modifications and extensions of such notes, both principal and interest on
<br /> the notes being payable in accordance with the terms set forth therein,
<br /> which by this reference is hereby made a part hereof;
<br /> (b) the performance of each agreement and covenant of Trustor
<br /> herein contained; and
<br /> (c) the payment of any sum or sums of money which may be
<br /> hereafter paid or advanced by Beneficiary under the terms of this Deed of
<br /> Trust, together with interest thereon at the rate provided in the note.
<br />
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