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Return To:
<br />Denise Myers, Attorney
<br />611 N. Diers Ave., Ste. 1
<br />Grand Island, NE 68803
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<br />TRUST DEED
<br />THIS DEED OF TRUST is made on April - , 2016. The Trustors are Bradley E. Kroeger
<br />and Jill R. Kroeger, husband and wife, (hereinafter collectively "Borrower "). The Trustee is Denise
<br />D. Myers, of Myers Law Office, 611 N. Diers Ave., Ste. 1, Grand Island, Nebraska 68803,
<br />( "Trustee "). The beneficiaries are Kevin D. Lewis and LaVonne H. Lewis, husband and wife,
<br />(Hereinafter collectively, "Lender "). Borrower owes Lender the principal sum of One Hundred Forty
<br />Nine Thousand Two Hundred Sixty and 00/100 Dollars ($149,260.00). This debt is evidenced by
<br />Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />payment of principal and accrued interest in annual payments. The Deed of Trust (sometimes
<br />referred to herein as "security instrument ") secures to Lender: (a) the repayment of the debt
<br />evidenced by the Note, and all renewals, extensions and modifications; (b) the payment of all other
<br />sums advanced under paragraph 4 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described property located
<br />in Hall County, Nebraska:
<br />A tract of land comprising a part of the South Half of the Southwest Quarter
<br />(S1/2SW1/4) of Section Thirteen (13), Township Ten (10) North, Range Nine (9),
<br />West of the 6 P.M., in Hall County, Nebraska, more particularly described as
<br />follows: Beginning at the southwest corner of said South Half of the Southwest
<br />Quarter (S1/2SW1/4); thence running northerly along the west line of said South
<br />Half of the Southwest Quarter (S1 /2SW1 /4), on an Assumed Bearing of N00 °05'14"
<br />W, a distance of One Thousand Three Hundred Twenty One and Seventy Eight
<br />Hundredths (1321.78) feet, to the northwest corner of said South Half of the
<br />Southwest Quarter (S1 /2SW1 /4); thence running S89 °51'08" E, along the north line
<br />of said South Half of the Southwest Quarter (S1 /2SW1 /4), a distance of One
<br />Thousand Three Hundred Thirty Seven and Twenty Six Hundredths (1337.26) feet;
<br />thence running S00 °14'04" E, a distance of Four Hundred Seventy Seven and Forty
<br />Two Hundredths (477.42) feet; thence running S88 °24'45" E, a distance of Four
<br />Hundred Fifty Six and Ninety Hundredths (456.90) feet; thence running S00 °08'49"
<br />E, a distance of Two Hundred Twenty Three and Seventy Two Hundredths (223.72)
<br />feet; thence running S88 °12'43" W, a distance of Five Hundred Twenty Nine and
<br />Twenty One Hundredths (529.21) feet; thence running S00 °22'18" E, a distance of
<br />Five Hundred Ninety and Forty Seven Hundredths (590.47) feet, to a point on the
<br />south line of said South Half of the Southwest Quarter (S1/2SW1/4); thence running
<br />N89 °53'26" W, along the south line of said South Half of the Southwest Quarter
<br />(S1/2SW1/4), a distance of One Thousand Two Hundred Sixty Nine and Thirty Eight
<br />Hundredths (1269.38) feet, to the point of beginning.
<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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed
<br />and has the right to grant and convey the Property and that the Property is unencumbered.
<br />Borrower warrants and will defend generally the title to the Property against all claims and
<br />demands, subject to any encumbrances of record.
<br />COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal; Prepayment and Late Charges. Borrower shall promptly pay when
<br />due the principal on the debt evidenced by the Note and any prepayment and late charges due
<br />under the Note. Prepayment of principal or any part thereof, shall not be allowed without the prior
<br />written consent of Lender.
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