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<br />THIS DEED OF TRUST is made on Z�rlp_ P9 , 2001. The Trustor
<br />is Loretta J. Boshart, a single person, ( "Borrower "). The Trustee is
<br />Denise D. Myers, of Lauritsen, Brownell, Brostrom, Stehlik, Thayer &
<br />Myers, 231 S. Locust Street, Grand Island, Nebraska 68801, ( "Trustee ") .
<br />The beneficiary is Cora Irene Gascho, 563 Farmhouse Lane, Hummelstown,
<br />PA 17036, ( "Lender "). Borrower owes Lender the principal sum of Ninety
<br />Nine Thousand Two Hundred and 00 /100 Dollars ($99,200.00). This debt is
<br />evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides for yearly payments, with the full
<br />debt, due and payable on January 1, 2004. The Deed of Trust (sometimes
<br />referred to herein as "security instrument ") secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other
<br />sums, with interest, advanced to protect the security of this Security
<br />Instrument; and (c) the performance of Borrower's covenants and
<br />agreements. For this purpose, Borrower irrevocably grants and conveys
<br />to Trustee, in trust, with power of sale, the following described
<br />property located in Hall County, Nebraska:
<br />The South Half of the Southeast Quarter (S1 12 SE1 /4) of
<br />Section Twenty (20), Township Eleven (11) North, Range Eleven
<br />(11), West of the 6th P.M., Hall County, Nebraska, EXCEPTING
<br />a tract of land more particularly described as Lot One (1),
<br />Roxboro Subdivision, filed as Document No. 90- 101644.
<br />TOGETHER WITH all the improvements now or hereafter erected on the
<br />property, and all easements, rights, appurtenances, rents, royalties,
<br />mineral, oil and gas rights and profits, water rights and stock and all
<br />fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property ".
<br />Borrower COVENANTS that Borrower is lawfully seised of the estate
<br />hereby conveyed and has the right to grant and convey the Property and
<br />that the Property is unencumbered. Borrower warrants and will defend
<br />generally the title to the Property against all claims and demands,
<br />subject to any encumbrances of record.
<br />COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal and Interest; Prepayment and Late Charges.
<br />Borrower shall promptly pay when due the principal of and interest on the
<br />debt evidenced by the Note and any prepayment and late charges due under
<br />the Note. Prepayment of principal and interest, or any part thereof,
<br />shall not be allowed without the prior written consent of Lender.
<br />2. Charges; Liens. Borrower shall pay all real estate taxes and
<br />assessments attributable to the Property which may attain priority over
<br />this Security Instrument, and leasehold payments or ground rents, if any.
<br />Borrower shall promptly discharge any lien which has priority
<br />over this Security Instrument unless Borrower: (a) agrees in writing to
<br />the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender; (b) contests in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's
<br />opinion operate to prevent the enforcement of the lien or forfeiture of
<br />any part of the Property; or (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security
<br />Instrument. If Lender determines that any part of the Property is
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<br />THIS DEED OF TRUST is made on Z�rlp_ P9 , 2001. The Trustor
<br />is Loretta J. Boshart, a single person, ( "Borrower "). The Trustee is
<br />Denise D. Myers, of Lauritsen, Brownell, Brostrom, Stehlik, Thayer &
<br />Myers, 231 S. Locust Street, Grand Island, Nebraska 68801, ( "Trustee ") .
<br />The beneficiary is Cora Irene Gascho, 563 Farmhouse Lane, Hummelstown,
<br />PA 17036, ( "Lender "). Borrower owes Lender the principal sum of Ninety
<br />Nine Thousand Two Hundred and 00 /100 Dollars ($99,200.00). This debt is
<br />evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides for yearly payments, with the full
<br />debt, due and payable on January 1, 2004. The Deed of Trust (sometimes
<br />referred to herein as "security instrument ") secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other
<br />sums, with interest, advanced to protect the security of this Security
<br />Instrument; and (c) the performance of Borrower's covenants and
<br />agreements. For this purpose, Borrower irrevocably grants and conveys
<br />to Trustee, in trust, with power of sale, the following described
<br />property located in Hall County, Nebraska:
<br />The South Half of the Southeast Quarter (S1 12 SE1 /4) of
<br />Section Twenty (20), Township Eleven (11) North, Range Eleven
<br />(11), West of the 6th P.M., Hall County, Nebraska, EXCEPTING
<br />a tract of land more particularly described as Lot One (1),
<br />Roxboro Subdivision, filed as Document No. 90- 101644.
<br />TOGETHER WITH all the improvements now or hereafter erected on the
<br />property, and all easements, rights, appurtenances, rents, royalties,
<br />mineral, oil and gas rights and profits, water rights and stock and all
<br />fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property ".
<br />Borrower COVENANTS that Borrower is lawfully seised of the estate
<br />hereby conveyed and has the right to grant and convey the Property and
<br />that the Property is unencumbered. Borrower warrants and will defend
<br />generally the title to the Property against all claims and demands,
<br />subject to any encumbrances of record.
<br />COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal and Interest; Prepayment and Late Charges.
<br />Borrower shall promptly pay when due the principal of and interest on the
<br />debt evidenced by the Note and any prepayment and late charges due under
<br />the Note. Prepayment of principal and interest, or any part thereof,
<br />shall not be allowed without the prior written consent of Lender.
<br />2. Charges; Liens. Borrower shall pay all real estate taxes and
<br />assessments attributable to the Property which may attain priority over
<br />this Security Instrument, and leasehold payments or ground rents, if any.
<br />Borrower shall promptly discharge any lien which has priority
<br />over this Security Instrument unless Borrower: (a) agrees in writing to
<br />the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender; (b) contests in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's
<br />opinion operate to prevent the enforcement of the lien or forfeiture of
<br />any part of the Property; or (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security
<br />Instrument. If Lender determines that any part of the Property is
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