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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST, made on this =q" day of AV 2001, by and between Nona
<br />Dubbs and Darrel Dubbs, husband and wife, whose mailing address is 9865 S. 110th Rd., Wood
<br />River, Nebraska 68883, ( "Trustor "); Thomas A. Emerton, Attorney at Law, whose mailing address
<br />is 202 West 3rd Street, 4th Floor, Grand Island, Nebraska 68801, ( "Trustee "); and M. Maxine
<br />Conroy, Trustee of the Revocable Trust Agreement dated May 12, 1977, as amended, whose mailing
<br />address is 9865 S. 110th Rd., Wood River, Nebraska 68883 (Beneficiary ").
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and assigns
<br />to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property, located in Hall
<br />County, Nebraska and legally described on Exhibit 1, attached hereto and by this reference made a
<br />part hereof.
<br />TOGETHER WITH all rents, easements, appurtenances, interests in adjoining roads, streets,
<br />and alleys, improvements, and buildings.
<br />The property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of Sixty Thousand Dollars
<br />($60,000.00), at 7% percent interest, as evidenced by a certain contract for sale of real estate of even
<br />date executed by Trustor; and
<br />This Deed of Trust and any other instrument given to evidence or further secure the payment and performance
<br />of any obligation secured hereby are referred to collectively as the "Documents ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the interest on, the
<br />indebtedness evidenced by the Contract for Sale and all other sums as provided in the Documents.
<br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind, now or
<br />hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand, and shall
<br />provide Beneficiary with evidence of the payment of the same. Trustor shall pay all taxes and assessments which may
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<br />THIS DEED OF TRUST, made on this =q" day of AV 2001, by and between Nona
<br />Dubbs and Darrel Dubbs, husband and wife, whose mailing address is 9865 S. 110th Rd., Wood
<br />River, Nebraska 68883, ( "Trustor "); Thomas A. Emerton, Attorney at Law, whose mailing address
<br />is 202 West 3rd Street, 4th Floor, Grand Island, Nebraska 68801, ( "Trustee "); and M. Maxine
<br />Conroy, Trustee of the Revocable Trust Agreement dated May 12, 1977, as amended, whose mailing
<br />address is 9865 S. 110th Rd., Wood River, Nebraska 68883 (Beneficiary ").
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and assigns
<br />to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property, located in Hall
<br />County, Nebraska and legally described on Exhibit 1, attached hereto and by this reference made a
<br />part hereof.
<br />TOGETHER WITH all rents, easements, appurtenances, interests in adjoining roads, streets,
<br />and alleys, improvements, and buildings.
<br />The property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of Sixty Thousand Dollars
<br />($60,000.00), at 7% percent interest, as evidenced by a certain contract for sale of real estate of even
<br />date executed by Trustor; and
<br />This Deed of Trust and any other instrument given to evidence or further secure the payment and performance
<br />of any obligation secured hereby are referred to collectively as the "Documents ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the interest on, the
<br />indebtedness evidenced by the Contract for Sale and all other sums as provided in the Documents.
<br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind, now or
<br />hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand, and shall
<br />provide Beneficiary with evidence of the payment of the same. Trustor shall pay all taxes and assessments which may
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