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THIS DEED OF TRUST is made this day of October 2014, by and among ROGER W.
<br />HUGHES, a married person, hereinafter referred to as "Trustor ", whether one or more, whose
<br />mailing address is 104 E. 23' St., Grand Island, NE 68801; KEVIN A. BROSTROM, Attorney at
<br />Law, hereinafter referred to as "Trustee," whose address is 724 W. Koenig, P.O. Box 400, Grand
<br />Island, NE 68802; and NELPHA P. HUGHES, whose mailing address is 3111 W. College St., Apt.
<br />34, Grand Island, NE 68803, Beneficiary.
<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 following- described property, located in Hall
<br />County, Nebraska:
<br />The Westerly 46.55 Feet of Lot Four (4) and the Easterly 35.5 Feet of
<br />Lot Five (5) in Block Two (2), in Knickrehm Fifth Addition to the
<br />City of Grand Island, Hall County, Nebraska,
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights,
<br />privileges and appurtenances located thereon or in any way pertaining thereto, and the rents, issues,
<br />profits, reversions and the remainders thereof, including all such personal property that is attached
<br />to the improvements so as to constitute a fixture, all of which, including replacements and additions
<br />thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed
<br />that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />DEED OF TRUST
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date
<br />herewith in the principal sum of Sixty -six Thousand Dollars and NO /100
<br />($66,000.00),together with interest at the rate or rates provided therein, or the
<br />principal and interest on any future advance as evidenced by promissory notes stating
<br />they are secured hereby, and any and all renewals, modifications and extensions of
<br />such notes, both principal and interest on the notes being payable in accordance with
<br />the terms set forth therein and the amortization schedule attached thereto, which by
<br />this reference are hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor herein
<br />contained; and
<br />(c) the payment of any sum or sums of money which may be hereafter paid
<br />or advanced by Beneficiary under the terms of this Deed of Trust, together with
<br />interest thereon at the rate provided in the note.
<br />201406749
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows:
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the
<br />indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
<br />2. Title. Trustor is the owner of the property and has the right and authority to execute this
<br />Deed of Trust in respect to the property.
<br />3. Taxes and Assessment. To pay, when due, all taxes, special assessments and all other
<br />charges against the property, before the same become delinquent, and, in the event Beneficiary shall
<br />so require, to add to the payments required under the note secured hereby, such amount as may be
<br />sufficient to enable Beneficiary to pay such taxes, assessments or other charges as they become due.
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