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<br />John B. McDermott
<br />PO Box 460
<br />Grand Island, NE 68802
<br />DEED OF TRUST
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<br />(.7 )
<br />C.177)
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<br />THIS DEED OF TRUST, made this a day of O(' , A.D. 20 119
<br />by and between Levi Lammert of the County of Hall and State of Nebraska, hereinafter called "Trustor ",
<br />(whether one or more) and John B. McDermott, Attorney at Law, of Hall County, Nebraska, hereinafter
<br />called "Trustee ", and William Lammert, whose address is 858 Worms Road, Grand Island, NE 68801,
<br />hereinafter called "Beneficiary";
<br />WITNESSETH, That the Trustor, for good and valuable consideration, including the debt and trust
<br />hereinafter mentioned and created, and the sum of one dollar to Trustor paid by the said Trustee, the receipt
<br />and sufficiency of which is hereby acknowledged, does by these presents, irrevocably grant, bargain and sell,
<br />convey, assign and confirm unto the said Trustee, IN TRUST WITH POWER OF SALE, for the benefit and
<br />security of Beneficiary, under and subject to the terms and condition of this Deed of Trust, the following
<br />described real property situated in Hall County, Nebraska, to -wit:
<br />Lot One Hundred Fifty Three (153) and One Hundred Fifty Four (154) in Belmont Addition to the
<br />City of Grand Island, Hall County, Nebraska, EXCEPT a tract of land described in Warranty Deed recorded
<br />as Document No. 91- 105992,
<br />TOGETHER with and including all and singular the tenements, hereditaments, appurtenances and
<br />privileges thereunto belonging or in anywise appertaining, whether now or hereafter acquired, which shall
<br />include, without limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits under any existing or
<br />future oil, gas or mineral or other leases; all easements and rights of way; all rights of homestead and
<br />homestead exemption and any surviving spouse's marital or distributive share, and all other contingent rights
<br />in and to said premises; and
<br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting systems and
<br />equipment therein; all of which shall be construed and considered as affixed to and part of the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is hereinafter
<br />collectively referred to as the "Property ".
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and assigns,
<br />forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted unto the said
<br />Trustee, Trustee's successors, and assigns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the principal sum of One
<br />Hundred Eighty Thousand Dollars ($ 180,000.00) for money borrowed, with interest thereon, all as
<br />evidenced by and in strict accordance with the terms of that certain promissory note, hereinafter called the
<br />"Note ", bearing even date herewith made payable to the order of Beneficiary, executed by Levi Lammert
<br />and providing for the payment of said indebtedness in installments, subject to acceleration of maturity on
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