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<br /> Return to: GNR Devlopment Corp. dA
<br /> 1514 Heritage Drive,Hastings,NE 68901
<br /> e TRUST DEED
<br /> • THIS TRUST DEED is made and entered into this 2nd day of September, 2015 by and
<br /> betweenMarvin Engleman, TRUSTOR whether one or more; and Fidelity National Title
<br /> Insurance Company, TRUSTEE; and GNR Development Corp. of Hastings, Nebraska,
<br /> BENEFICIARY, whether one or more.
<br /> WITNESSETH: That the Trustor does by these presents grant, bargain, sell, convey and
<br /> confirm unto the Trustee, with Power of Sale, the following-described real estate including all
<br /> g' buildings, improvements, and fixtures of every kind now or hereafter erected or placed on the
<br /> real estate situated in Hall County, Nebraska, described as:
<br /> Lot Nine (9), Pleasant View Fifteenth Subdivision, in the City of Grand
<br /> Island,Hall County, Nebraska
<br /> In the event of the sale, transfer or conveyance of the above-described property to any
<br /> third party, all sums secured hereby shall be at once due and payable.
<br /> TO HAVE AND HOLD the same, with all rights, privileges, and appurtenances thereunto
<br /> belonging, unto the Trustee, his executors, administrators, heirs and assigns forever. And the
<br /> Trustor hereby expressly waives, releases, and relinquishes unto the Trustee all right, title, claim,
<br /> interest, benefit and estate whatever, in and to the above described premises and each and every
<br /> part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the
<br /> exemption of homestead. And the Trustor covenants with the Trustee that he will forever warrant
<br /> and defend the title to the same against the lawful claims of all persons whomsoever.
<br /> IN TRUST, HOWEVER, for the following described purposes: WHEREAS, the Trustor
<br /> did on this date execute a Promissory Note evidencing a loan for the principal sum of$27,900.00
<br /> with interest thereon according to the terms of said Promissory Note, being payable in monthly
<br /> installments at such place as the Beneficiary may designate in writing from time to time.
<br /> Notwithstanding any provision contained herein or in said Promissory Note to the contrary, if not
<br /> sooner paid, all sums due and owing under the terms of said Note shall be paid on the 1st day of
<br /> September, 2016 In the event of default, Beneficiary's remedies shall not be limited to those
<br /> provided for herein. This Trust Deed may be foreclosed in the manner prescribed by law for
<br /> foreclosure of mortgages.
<br /> IT IS AGREED by and between the parties hereto that the Trustor shall: (1) ay all
<br /> present and future taxes and assessments, general and special, against said property before the
<br /> same become delinquent or actionable; (2) keep all improvements erected on the land insured as
<br /> may be required from time to time by Beneficiary against loss by fire and other hazards,
<br /> casualties and contingencies, in such amounts and for such periods as are reasonable and may be
<br /> required by the Beneficiary, and to keep all policies of such insurance in force and effect and
<br /> delivered to the Beneficiary, and naming Trustor and Beneficiary as loss payees, as their interests
<br /> may appear; (3) pay and comply with all of the terms and conditions of any lien, claim or
<br /> indebtedness that may be senior to and take precedence over this Trust Deed as soon as such
<br /> payment on or of such lien, claim or indebtedness shall become due; and upon failure of the
<br /> Trustor to keep any of said agreements, the said Beneficiary may pay such tax, pay for such
<br /> insurance, or pay off any and all such liens, or indebtedness as the case may be, and money
<br /> expended, with interest as provided by the terms of the aforementioned Promissory Note, shall be
<br /> secured by this Trust Deed, and the Trustor agrees to pay the same upon demand, and upon
<br /> failure to do so, the balance of said Promissory note shall become immediately due and payable
<br /> at the option of the Beneficiary; (4) specifically confer upon the Trustee the Power of Sale as
<br /> provided in Nebraska law; (5) retain possession of the premises and collect the rents and
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