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Return to: Jack W. Besse PO Box 10 Kearney, NE 68848 -0010 m t ., DEED OF TRUST TO SECURE DEBT Lot 16 in Block 21, Original Town, Village of Wood River, Hall County Nebraska Cr) c) rte) Co THIS DEED OF TRUST TO SECURE DEBT ( "Deed ") is made this LO day of 1 , 2016 by and between Jamie Morse and Veronica Morse, Husband and Wife ( "Trustor "), whose mailing address is 118 E. 9` Street, Wood River, NE 68883, and Jack W. Besse, Attorney at Law ( "Trustee "), whose mailing address is P.O. Box 10, Kearney, NE 68848 -0010, and Larry Brannagan and Rose Mary Brannagan, Husband and Wife, ( "Beneficiary"), whose mailing address is 3211 Hiawatha Place, Grand Island, NE 68803. Explanation The Trustor owes to the Beneficiary the principal sum of Thirty Nine Thousand Dollars and 00 /100 United States Dollars ($39,000.00). This amount owed is set forth in the Promissory Note that the Trustor has made on this date ( "Promissory Note "). The Promissory Note provides for interest at the rate of 4.0% per annum with monthly payments beginning on the first day of May, 2016 in the amount of Three Hundred Ninety -Four and 86/100's ($394.86) and on the first day of every month thereafter for a total of One Hundred Twenty (120) monthly payments. The Promissory Note has been delivered and is payable to the order of Beneficiary, and which by this reference is hereby made a part hereof, and any and all modifications, extensions, and renewals thereof. This Deed of Trust to Secure Debt is also for the purpose of securing payment of all sums advanced by Beneficiary to protect the trust estate, with interest thereon at the rate of sixteen percent (16 %) per annum In order to secure the Trustor's promise to pay Beneficiary the principal sums of the Promissory Note, to pay all other sums advanced to Trustor by Beneficiary to protect the security of this Deed, to repay any future advances made by Beneficiary to Trustor under Paragraph 15 of this Deed, and to fulfill the terms and conditions set forth in this Deed, the Trustor, by this Deed, hereby grants and conveys to Trustee, in trust with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real property, located in Hall County, Nebraska, and described as follows ( "Property"): together with any improvements, whether now on the Property or erected on the Property in the future. The Trustor covenants and promises that it has lawful title to the Property and has the right and power to grant and convey the Property to Trustee. The Trustor further covenants that the Property is unencumbered and that it will warrant and defend against all claims and demands with respect to the Property. The warranting and defense of title, however, is subject to any declarations, easements, or restrictions that are of record. —4