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DEED OF TRUST
<br />(807 White Avenue, Grand Island, Nebraska).
<br />201702557
<br />THIS DEED OF TRUST is made on this IL/ day of April, 2017. The Trustor is
<br />SUSAN E. HOLSTEN, a single person, whose address for purposes of notices in respect to this
<br />Deed of Trust is 807 White Avenue, Grand Island, Nebraska and is sometimes herein identified
<br />as Borrower. The Trustee is Ryan C. Holsten, attorney -at -law and a member of the Nebraska Bar
<br />Association, whose address is 575 Fallbrook Blvd #206, Lincoln, Nebraska. The Beneficiary is
<br />KENT HOLSTEN, whose mailing address is 703 North Laird, Hastings, Nebraska 68901, Beneficiary
<br />and is sometimes herein identified as Lender.
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH POWER.
<br />OF SALE, THE FOLLOWING:
<br />Lot Nine (9), in Block Two (2), Lambert's Second Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />together with all buildings, improvements, fixtures, rights, privileges and appurtenances located
<br />thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and
<br />remainders thereof, and such personal property that is attached to the improvements so as to
<br />constitute a fixture, including, but not limited to, heating and cooling equipment and together
<br />with the homestead or marital interests, if any, which interests are hereby released and waived,
<br />all of which, including replacements and additions thereto, is hereby declared to be a part of the
<br />real estate secured by the lien of this Deed of Trust and all of the foregoing being referred to
<br />herein as the "Property".
<br />Borrower owes Lender the total sum of Forty Thousand and No /100 Dollars ($40,000.00)
<br />evidenced by Borrower's Note of even date herewith (hereinafter referred to as "Debt ") with a
<br />fixed interest rate for 5 years and a variable rate thereafter. This Debt shall include any and all
<br />modifications, extensions and renewals thereof or thereto and any and all future advances and
<br />readvances to Borrower (or any of them more than one) hereunder pursuant to one or more
<br />promissory notes or credit agreements (herein called "Note ").
<br />This Deed of Trust secures to lender the Debt evidenced by said Note, the payment of all
<br />other sums, advanced under the provisions hereafter to protect the security and the performance
<br />of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />1. Borrower shall pay when due, the interest as provided in said Note.
<br />2. All payments received by lender shall be first applied to advances which may have
<br />been made by Lender and then to interest due, all as set forth in the Note.
<br />3. Borrower shall pay all general real estate taxes and special assessments against the
<br />Property before the same become delinquent.
<br />4. Borrower shall keep the improvements on said Property insured against loss by
<br />fire and hazards included with the term "extended coverage" for their insurable value and policies
<br />for the same shall include a standard mortgage clause showing Lender herein. In event of loss,
<br />Lender may make proof of loss if not promptly made by Borrower. Insurance proceeds shall be
<br />applied to restoration or repair of the Property damaged, unless both parties otherwise agree,
<br />except if restoration or repair is not economically feasible or Lender's security is not lessened,
<br />otherwise said proceeds shall be paid on the debt herein, whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any payments or proceeds from
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