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DEED OF TRUST
<br />THIS TRUST DEED made this aa��day of April, 2001, by and
<br />between CLINTON J. MARR and BETTY L. MARR, Husband and Wife, as
<br />TRUSTORS, whose address i.s 312 N. First, Doniphan, Nebraska '08832;
<br />Vj r r] y ., (' T F i n ?. k_ . ^, t n ri
<br />as TRUSTEE, whose address is 222 N. Cedar Street, P. 0. Box 228C,
<br />Grand Island, Nebraska 68802; and MARK L. PFEIFFER, of Trumbull,
<br />Nebraska 68980, hereinafter referred to as BENEFICIARY.
<br />WITNESSETH:
<br />That TRUSTORS hereby grant, bargain, sell, convey and warrant
<br />to TRUSTEE, IN TRUST, their successors and assigns, with power of
<br />sale, the following - described real property:
<br />Part of Lot Ten (10) of the County Subdivision of a part
<br />of the South Half (S1/2) of Section Five (5) , in Township
<br />Nine (9) North, Range Nine (9) , West of the 6th P.M.,
<br />Hall County, Nebraska, more particularly described as
<br />follows: Commencing at the Northwest corner of Lot Ten
<br />(10), thence in an Easterly direction along and upon the
<br />North line of Lot Ten (10) a distance of Three Hundred
<br />Twenty -One and Five - Tenths Feet (321.5') to the point of
<br />beginning, thence Southerly, One Hundred Thirty -Two Feet
<br />(132'), thence Easterly One Hundred Fifty -Two and Four
<br />Tenths Feet (152.4'), thence Northerly One Hundred
<br />Thirty -Two Feet (132'), thence Westerly One Hundred
<br />Fifty -Two and Four Tenths Feet (152.4') to the place of
<br />beginning, and part of T,nt El, -ver (l 1) of the County
<br />Subdivision of a part of the South Half (Sl /2) c:f Section
<br />Five (5), in Township Nine (9) North, Range Nine (9),
<br />West of the 6th P.M., Hall County, Nebraska, more
<br />particularly described as follows: Commencing at the
<br />Northeast corner of Lot Eleven (11), thence West One
<br />Hundred Five and One -Half Feet (105 1/2'), thence South
<br />Fifty Feet (50'), thence East One Hundred Five and One -
<br />Half Feet (105 1/2'), thence North Fifty Feet (50') to
<br />the place of beginning,
<br />together with all buildings, improvements and appurtenances
<br />thereon.
<br />The TRUSTORS hereby covenant and agree with the TRUSTEE and
<br />BENEFICIARY that TRUSTORS are lawfully seized and the owners of the
<br />above - described property; that they have good right and lawful
<br />authority to sell and convey said premises and that said premises
<br />are free and clear of liens and encumbrances, except for a first
<br />mortgage lien to Equitable Building and Loan Association, of Grand
<br />Island, Nebraska, and further, that TRUSTORS will warrant and
<br />defend the title to said p: emis,.s forever against the clai ir,. �_f all
<br />persons whomsoever.
<br />wcr Lt1F'• i--urpose of tiLC:'UYtr1U QerlUrmance of e�.ch acjreetlent -. )f
<br />TRUSTORS .le! E_ to �_ Jnte:lIle_na and t1iC j_;ay iliE._.:_ :J�. 1111 LC � � .L E 1_
<br />DOLLARS ($35,000.00), the TRUSTORS have executed a Promissory Note
<br />k;'earing even date, at the rate of interest and on the terms and
<br />conditions as set forth in such Note until paid. The principal sum
<br />and interest shall be payable in accordance with and upon the terms
<br />and conditions of said Note of even date, and in any event the
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<br />DEED OF TRUST
<br />THIS TRUST DEED made this aa��day of April, 2001, by and
<br />between CLINTON J. MARR and BETTY L. MARR, Husband and Wife, as
<br />TRUSTORS, whose address i.s 312 N. First, Doniphan, Nebraska '08832;
<br />Vj r r] y ., (' T F i n ?. k_ . ^, t n ri
<br />as TRUSTEE, whose address is 222 N. Cedar Street, P. 0. Box 228C,
<br />Grand Island, Nebraska 68802; and MARK L. PFEIFFER, of Trumbull,
<br />Nebraska 68980, hereinafter referred to as BENEFICIARY.
<br />WITNESSETH:
<br />That TRUSTORS hereby grant, bargain, sell, convey and warrant
<br />to TRUSTEE, IN TRUST, their successors and assigns, with power of
<br />sale, the following - described real property:
<br />Part of Lot Ten (10) of the County Subdivision of a part
<br />of the South Half (S1/2) of Section Five (5) , in Township
<br />Nine (9) North, Range Nine (9) , West of the 6th P.M.,
<br />Hall County, Nebraska, more particularly described as
<br />follows: Commencing at the Northwest corner of Lot Ten
<br />(10), thence in an Easterly direction along and upon the
<br />North line of Lot Ten (10) a distance of Three Hundred
<br />Twenty -One and Five - Tenths Feet (321.5') to the point of
<br />beginning, thence Southerly, One Hundred Thirty -Two Feet
<br />(132'), thence Easterly One Hundred Fifty -Two and Four
<br />Tenths Feet (152.4'), thence Northerly One Hundred
<br />Thirty -Two Feet (132'), thence Westerly One Hundred
<br />Fifty -Two and Four Tenths Feet (152.4') to the place of
<br />beginning, and part of T,nt El, -ver (l 1) of the County
<br />Subdivision of a part of the South Half (Sl /2) c:f Section
<br />Five (5), in Township Nine (9) North, Range Nine (9),
<br />West of the 6th P.M., Hall County, Nebraska, more
<br />particularly described as follows: Commencing at the
<br />Northeast corner of Lot Eleven (11), thence West One
<br />Hundred Five and One -Half Feet (105 1/2'), thence South
<br />Fifty Feet (50'), thence East One Hundred Five and One -
<br />Half Feet (105 1/2'), thence North Fifty Feet (50') to
<br />the place of beginning,
<br />together with all buildings, improvements and appurtenances
<br />thereon.
<br />The TRUSTORS hereby covenant and agree with the TRUSTEE and
<br />BENEFICIARY that TRUSTORS are lawfully seized and the owners of the
<br />above - described property; that they have good right and lawful
<br />authority to sell and convey said premises and that said premises
<br />are free and clear of liens and encumbrances, except for a first
<br />mortgage lien to Equitable Building and Loan Association, of Grand
<br />Island, Nebraska, and further, that TRUSTORS will warrant and
<br />defend the title to said p: emis,.s forever against the clai ir,. �_f all
<br />persons whomsoever.
<br />wcr Lt1F'• i--urpose of tiLC:'UYtr1U QerlUrmance of e�.ch acjreetlent -. )f
<br />TRUSTORS .le! E_ to �_ Jnte:lIle_na and t1iC j_;ay iliE._.:_ :J�. 1111 LC � � .L E 1_
<br />DOLLARS ($35,000.00), the TRUSTORS have executed a Promissory Note
<br />k;'earing even date, at the rate of interest and on the terms and
<br />conditions as set forth in such Note until paid. The principal sum
<br />and interest shall be payable in accordance with and upon the terms
<br />and conditions of said Note of even date, and in any event the
<br />/-
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