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<br /> � We, Rand L. Dibbern, Joed Dibbern, and William J. Dibbern, heiag a12
<br /> fhE Partners a� DIHBERN BRO"HER3, a partnership; and Randy L. Dibbern and
<br /> Glnria Di.bbern husband and w�.fe; 3uea Dibbern and Rvhin Bibba�n, hushar.d and -
<br /> � wife;. and William J. Dibhern and �Karen S. Dibbern, {"Trustor"), undar that
<br /> certain Desd of Trust in the original prin ' al unt of ONE HUNDRED FIF�'Y
<br /> THOUSAND DOLLARS ($150,000.00), and @ated � , 1990, to be entered
<br /> � into art�on� Trustor, and BANK OF WOOD RIVER, ao ver, Nebraska 688�3,
<br /> ("Trustee ), and HANK OF WOOD RIVER, Wood River, Hebraska 68883,
<br /> t"Beneficiary"}, covering the fo2lowing-described property:
<br /> PARCEL 1. The Sauth Seventy-Three and Five Tenths (73.5) acres of . ,
<br /> e ou west arter (SW}) and the Wes't Half of the Southeast , � .
<br /> Quarter (W�SE}�, Sectian Thirty-One (3�, Township Twelve (IZ} ' �, � �
<br /> North, Range Tett (10), West of the 6th P.M., Hall Connty,. . �`• .'� . �� . .
<br /> Nebraska, said 73.5 acr$s k�ing a rectangular tract with tlie:;f3t3ii�-�. ,_
<br /> line of said Southwest �'-�rter (SW�) and said West HaZf o� �z�.� :�:'
<br /> Southeast Quartsr ���a.��r�.s its Sauth Eoundary Li.ne�:ane-ha:��: of . " �,. �:,:��'
<br /> the Highway to be aFZC�ud�r.,in said 73.5 acres, being. .�.ize i�i�ical =�::;.'��::::�.:;.-:,i`;;�:
<br /> tract devised to th� �ra�t�r, Rosa L. Starr, also ktt�a as LtctiS� �t:..;�::�`�.;�:'�`::::`'��"_
<br /> • Starr, by the terms of the Last Will artd Testament of James�,}�...'. '` � �� '% �
<br /> _;�:�:,:
<br /> Lesher, Deceased, pursuant to a Decree recorded in Eaok �, +��:�age �
<br /> 636 of Wills and Decrees, Aall Caunty, Nebraska, exce�ti�g an3 �:".`>. ,
<br /> e�.cZuding €ram said tracts, a traet of land conveyed. �-� Donald F. �
<br /> Starr and Mi2drec3 H. Starr, husband and wife, by Wa�..-3nty Deed '"��i�. .
<br /> recarded in Book 129, Page 205 of the Deed Records af�ffail County,
<br /> � Nebraska, n.ore particular2y described as faLlat�rs: �B.'tract :a� land � .
<br /> comprie�ng a part of the West Half of the Sontheast: ua�ter . ,
<br /> (W�SE}) af Section Thirty-One (31), Township Twelv�. �12�: Kni-�-h, ,
<br /> � � Range Ten (10}, West of the 6th P.M., Hall County, ti��raflk�,,. �nd ,
<br /> more particu2arly described as follows: Beginning �. �.h� � .
<br /> Southeast corner af said West Half of the 3autheast..�.c�tds� �
<br /> {W�SE}� thence nartherly aZong and u n-th�:east ;s.rs� o� w�.:.�3 ,
<br /> . West H��f af the Southeaat guarter W�SE} , � dist�ce of �'csLr ,
<br /> � � Hundred &ixty-Eight and �i:Y� �Tenths 468.6; F�et; the�ce WesteYly
<br /> �rallel with.tha South line of sai� West Half of � Southeast . �
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<br /> �uarter (W�SE� � a. 3istance of Four Hundred (400.0) �'��et; thence � �,
<br /> 5outherly par��el :vith the East line of said West Half of the ' =-
<br /> Southeaet guarter WiSE�), a distance of Four Hundred Sixty-Eight ���
<br /> and Si�c Tenths (46�.6) Feet to a point on the South line of saad ;.y•:
<br /> West Half o€ the Southeast Quarter (W�SE ); thence easterly along
<br /> and u on �he 3auth line of said West Hal� af the Sautheast Quarter =
<br /> (W�SE ), a distance of Four Hundred (400.0) Fest to the point of _
<br /> begin�ing;.except3ng therefrom the South Tiiirtg-Three (33.0) Feet -
<br /> � and excepting a certain tract deeded to the County of H�11, St�ate __
<br /> . of Nebraska recorded in Deed Baak 95, Pag�.141, and excepting twa ; ` -
<br /> parcels of fand as shown in Rep ort of Appraisers recorded in Book �__
<br /> T2, Page A7, and Book U, ��3e 228.
<br /> ANI3 �
<br /> PARGEL 2e The Southeast Quarter (SE�) Sect?an sizirty-Six (36), �,�
<br /> Township e ve. (12) North, Range Eleven (11�, We�t of t�:e 6th P.M. af Hall
<br /> . Connty, Nebra�i{a, exceptin (1) right of way easement to �he Kansas Nebraska
<br /> . Natura�. Gas Company and .(2�} tract to the County of Hall, S�ate of Nebraska, '
<br /> � for ra��� purposes as �itac��n in Book "U", Page 228, and (3� �t�act to the County � I "'
<br /> of I?a.:.Z, Sta�e of Neb���:�, for road purposes as shown in �ook 155, Page g98, ��---
<br /> � oE which 234 acres was previcu�2y taken as shown in Baok "R", Page 47 and (4) "� ;._,,
<br /> tract to the State of NebraskE �or road purposes as shown in Doct,ur.ent No. 83- `�s:
<br /> 004142 all at the Register of Leeds Office in Hall County, Nebraska, . .
<br /> • hereb acknowledge that it is und�erstood that {a) the Dee�a of Trust to be
<br /> , execu�ed by Trustor is a Trust Deed and nat a mortgage, and (b) the power.of
<br /> sale provided for in the Deed of Trust provides aubstantially c�ifferent rights
<br /> and obligations to the Trustor than a mortgage ir� �i:e event of a default or
<br /> breach of obligatian.
<br /> � �rexstor acknowlEd��s that this Acl,,,:.�wledgment v�as �*�.aa prfor to tha
<br /> execa',:ion of the Deec3 0�' Trust.
<br /> EXECUTED AND D�LIVEI2ED tY�is � day of�� �f� 1990.
<br /> DIBBERN BR�IHERS, a partne�sI�ip, TRU5TOR
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