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<br /> Return To: Denise D. Myers
<br /> 611 N. Diers Ave., Ste 1 U�
<br /> Grand Island, NE 68803 b •
<br /> TRUST DEED
<br /> THIS DEED OF TRUST is made on May y , 2015. The Trustors are Roy D. Stoltenberg
<br /> and Mary P. Stoltenberg, husband and wife, (collectively "Borrower"). The Trustee is Denise D.
<br /> P Myers, of Myers Law Office, 611 N. Diers Ave., Ste. 1, Grand Island, Nebraska 68803, ("Trustee").
<br /> • The beneficiaries are Marvin L. Tagge and Joann L. Tagge, husband and wife, 8888 W. White
<br /> Cloud Road, Cairo, NE 68824, (hereinafter collectively "Lender"). Borrower owes Lender the
<br /> principal sum of Three Hundred Ninety Six Thousand and 00/100 Dollars($396,000.00). This debt
<br /> is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which
<br /> provides for payment of principal, plus accrued interest in annual payments. The Deed of Trust
<br /> (sometimes referred to herein as "security instrument") secures to Lender: (a) the repayment of
<br /> 11 the debt evidenced by the Note, and all renewals, extensions and modifications; (b) the payment
<br /> of all other sums advanced under paragraph 4 to protect the security of this Security Instrument;
<br /> and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower
<br /> irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br /> property located in Hall County, Nebraska:
<br /> The West Half of the Southwest Quarter(WI/2SW1/4)of Section Twenty Four(24),
<br /> Township Twelve (12) North, Range Eleven (11), West of the 6th P.M., Hall County,
<br /> Nebraska, EXCEPTING THEREFROM, the West Half of the Southwest Quarter of
<br /> the Southwest Quarter(W1/2SW1/4SW1/4)of Section Twenty Four(24, Township
<br /> Twelve(12)North, Range Eleven(11),West of the 6th P.M., Hall County, 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 not be allowed without the
<br /> prior 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
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