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<br />2000o2o56
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on March 10th 2000
<br />The trustor is Larry Alan Gerdes aka Larry A. Gerdes, an Unmarried Person
<br />( "Borrower ").
<br />The trustee is The Overland National Bank of Grand Asland, 304 West Third Street Grand Island
<br />Nebraska 68801 ( "Trustee "). The beneficiary is
<br />The Overland National Bank of Grand Island which is organized and existing
<br />under the laws of The United States of America and whose address is 304 West Third Street
<br />Grand Island, NE 68801 ( "Lender ").
<br />Borrower owes Lender the principal sum of Thirty Five Thousand and 00/100
<br />Dollars (U.S.$ 35,000.00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid
<br />earlier, due and payable on April 1, 2010
<br />This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />A tract of land located in the Northwest Quarter of the Northeast Quarter (NW1 /4NE1 /4) of Section 35, Township 11 North,
<br />Range 10 West of the Sixth Principal Meridian Hall County, Nebraska, and more particularly described as follows: Commencing at
<br />the Northwest corner of the Northeast Quarter (NE1 /4) of said Section 35; thence running East along the North line of the
<br />Northeast Quarter (NE1 /4) of said Section 35 a distance of Nine Hundred Forty -Three and Seventy -Two Hundredths (943.72) feet;
<br />thence deflecting right Ninety degrees no minutes (90 000') and running South a distance of Forty and no Hundredths (40.00) feet
<br />to a point on the South Right of Way line of a County Road, said point being the actual point of beginning; thence continuing
<br />South on a line perpendicular to the South Right of Way Line of said County Road A distance of One Thousand Two Hundred
<br />Eighty Two and No Hundredths (1282.00) feet; thence deflecting Left Ninety Degrees and No Minutes (90 °00') and running East a
<br />distance of Three Hundred Thirty -Nine and Seventy Eight Hundredths (339.78) feet; thence deflecting left Ninety degrees and no
<br />minutes (90 °00') and running North a distance of One Thousand Two Hundred Eighty -Two and no Hundredths (1282.00) feet to
<br />the South Right of Way line of said County Road; thence deflecting left Ninety degrees and no minutes (90 000') and running
<br />West along the South Right of Way of said County Road a distance of Three Hundred Thirty -Nine and Seventy -Eight Hundredths
<br />(339.78) feet to the actual point of beginning.
<br />which has the address of 4127 W. Husker Highway Grand Island
<br />Nebraska 68803 ( "Property Address "); Street City
<br />Zip Code
<br />Form 3028 9/90 NEBRASKA Single Family FNMA /FHLMC UNIFORM INSTRUMENT
<br />F1316.LMG (1/99) Page 1 of 5
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<br />2000o2o56
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on March 10th 2000
<br />The trustor is Larry Alan Gerdes aka Larry A. Gerdes, an Unmarried Person
<br />( "Borrower ").
<br />The trustee is The Overland National Bank of Grand Asland, 304 West Third Street Grand Island
<br />Nebraska 68801 ( "Trustee "). The beneficiary is
<br />The Overland National Bank of Grand Island which is organized and existing
<br />under the laws of The United States of America and whose address is 304 West Third Street
<br />Grand Island, NE 68801 ( "Lender ").
<br />Borrower owes Lender the principal sum of Thirty Five Thousand and 00/100
<br />Dollars (U.S.$ 35,000.00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid
<br />earlier, due and payable on April 1, 2010
<br />This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />A tract of land located in the Northwest Quarter of the Northeast Quarter (NW1 /4NE1 /4) of Section 35, Township 11 North,
<br />Range 10 West of the Sixth Principal Meridian Hall County, Nebraska, and more particularly described as follows: Commencing at
<br />the Northwest corner of the Northeast Quarter (NE1 /4) of said Section 35; thence running East along the North line of the
<br />Northeast Quarter (NE1 /4) of said Section 35 a distance of Nine Hundred Forty -Three and Seventy -Two Hundredths (943.72) feet;
<br />thence deflecting right Ninety degrees no minutes (90 000') and running South a distance of Forty and no Hundredths (40.00) feet
<br />to a point on the South Right of Way line of a County Road, said point being the actual point of beginning; thence continuing
<br />South on a line perpendicular to the South Right of Way Line of said County Road A distance of One Thousand Two Hundred
<br />Eighty Two and No Hundredths (1282.00) feet; thence deflecting Left Ninety Degrees and No Minutes (90 °00') and running East a
<br />distance of Three Hundred Thirty -Nine and Seventy Eight Hundredths (339.78) feet; thence deflecting left Ninety degrees and no
<br />minutes (90 °00') and running North a distance of One Thousand Two Hundred Eighty -Two and no Hundredths (1282.00) feet to
<br />the South Right of Way line of said County Road; thence deflecting left Ninety degrees and no minutes (90 000') and running
<br />West along the South Right of Way of said County Road a distance of Three Hundred Thirty -Nine and Seventy -Eight Hundredths
<br />(339.78) feet to the actual point of beginning.
<br />which has the address of 4127 W. Husker Highway Grand Island
<br />Nebraska 68803 ( "Property Address "); Street City
<br />Zip Code
<br />Form 3028 9/90 NEBRASKA Single Family FNMA /FHLMC UNIFORM INSTRUMENT
<br />F1316.LMG (1/99) Page 1 of 5
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