|
1\3 1111 1■11.1
<br />CJI
<br />wisami
<br />Crl
<br />Rturn to:
<br />10-1 m c DerfioTr
<br />�. o . ga7. qteO
<br />&Yan d '_sl ctnd, A16 D
<br />DEED OF TRUST
<br />W
<br />L._
<br />h)
<br />up cn
<br />rn
<br />yG, e/°
<br />THIS DEED OF TDT TST ...,.....7e this d•••• of , A.D. 2015, by
<br />and between John M. Wenner, a single person, of the County of Hall d State ' Nebraska, hereinafter
<br />called "Trustor ", (whether one or more) and John B. McDermott, Attorney at Law, of Hall County,
<br />Nebraska, hereinafter called "Trustee ", and Michael D. Wenner and Cynthia H. Wenner, Husband and Wife,
<br />whose address is 3801 Red Cedar Point Road, Excelsior, Minnesota 55331, hereinafter called "Beneficiary ";
<br />WITNESSETH, That the Trustor, for good and valuable consideration, including the debt and trust
<br />hereinafter mentioned and created, and the sum of one dollar to Trustor paid by the said Trustee, the receipt
<br />and sufficiency of which is hereby acknowledged, does by these presents, irrevocably grant, bargain and sell,
<br />convey, assign and confirm unto the said Trustee, IN TRUST WITH POWER OF SALE, for the benefit and
<br />security of Beneficiary, under and subject to the terms and condition of this Deed of Trust, the following
<br />described real property situated in Hall County, Nebraska, to -wit:
<br />Lot Nine (9) Centura Hills Subdivision, Mayfield Village, Cairo, Hall County, Nebraska
<br />TOGETHER with and including all and singular the tenements, hereditaments, appurtenances and
<br />privileges thereunto belonging or in anywise appertaining, whether now or hereafter acquired, which shall
<br />include, without limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any existing or
<br />future oil, gas or mineral or other leases; all easements and rights of way; all rights of homestead and
<br />homestead exemption and any surviving spouse's marital or distributive share, and all other contingent rights
<br />in and to said premises; and
<br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems and
<br />equipment therein; all of which shall be construed and considered as affixed to and part of the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is hereinafter
<br />collectively referred to as the "Property".
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and assigns,
<br />forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted unto the said
<br />Trustee, Trustee's successors, and assigns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the principal sum of Two
<br />Hundred Forty Thousand Dollars ($ 240,000.00) for money borrowed, with interest thereon, all as
<br />evidenced by and in strict accordance with the terms of that certain promissory note, hereinafter called the
<br />"Note ", bearing even date herewith made payable to the order of Beneficiary, executed by John M. Wenner,
<br />and providing for the payment of said indebtedness in installments, subject to acceleration of maturity on
<br />default in the payment of any installment of principal or interest or in the performance of any covenant,
<br />agreement or warranty contained in this Deed of Trust;
<br />Page 1 of 6
<br />
|