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200006126
<br />TRUSTEE: Barbara A. Wroblewski, Attorney at Law, #17072,
<br />P.O. Box 23, St. Paul, NE 68873;
<br />BENEFICIARY: James M. Hedrick and Mary M. Sack - Hedrick, husband and wife,
<br />506 7th St., St. Paul, NE 68873
<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,
<br />under and subject to the terms and conditions of this Deed of Trust, the real property located in
<br />the County of Hall, State of Nebraska, and legally described as follows (the "Property "):
<br />Lot Seven (7), Block Five (5), Charles Wasmer's Addition to the city of Grand
<br />Island, Hall County, Nebraska.
<br />TOGETHER WITH, all rents, easements, appurtenances, hereditaments, interests in
<br />adjoining roads, streets and alleys, improvements and buildings of any kind situated thereon and
<br />all personal property that may be or hereafter become an integral part of such buildings and
<br />improvements, all crops raised thereon, and all water rights.
<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 $5,000.00, with interest thereon at
<br />the rate of Six Percent (6 0/6) per annum, as evidenced by that certain promissory note of even date
<br />(the "Note "), executed by Trustor, which has been delivered and is payable to the order of
<br />Beneficiary, and which by this reference is hereby made a part hereof, and any and all
<br />modifications, extensions and renewals thereof, and
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon
<br />at the rate of Fourteen Percent (14 %) per annum, and
<br />c. The performance of Trustor's covenants and agreements.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure
<br />the payment and performance of any obligation secured hereby are referred to collectively as the
<br />"Loan Instruments ".
<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
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided
<br />in the Loan Instruments.
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