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<br />After recording return to: cn
<br />Travelers Bank & Trust, fsb
<br />P.O. Box 410
<br />Hanover, MD 21076
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 10th day of August 2000 among the Trustor,
<br />RHONDA COON AND RICKY COON, WIFE AND HUSBAND, AS JOINT
<br />TENANTS (herein "Borrower "),
<br />Michael F. Kivett (herein
<br />"Trustee "), and the Beneficiary, TRAVELERS BANK & TRUST, FSB ,
<br />a federal savings bank chartered under the laws of the United States of America whose
<br />address is 100 COMMERCE DRIVE NEWARK DE 19713 (herein
<br />"Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the County of
<br />HALL , State of Nebraska:
<br />FILE NO: 00030522
<br />A CERTAIN TRACT OF THE W 1/2 NW 1/4 OF SECTION 10, IN TOWNSHIP 11
<br />NORTH, RANGE 9, WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE WEST
<br />LINE OF THE W 1/2 NW 1/4 OF SAID SECTION 10, WHICH POINT IS 182 FEET
<br />SOUTH OF THE NORTHWEST CORNER OF THE W 1/2 NW 1/4 OF SAID SECTION 10,
<br />THE POINT OF BEGINNING, RUNNING THENCE SOUTH ON THE WEST LINE OF THE
<br />W 1/2 NW 1/4 OF SAID SECTION 10, FOR A DISTANCE OF 149 FEET, RUNNING
<br />THENCE EAST FOR A DISTANCE OF 134.7 FEET, RUNNING NORTH PARALLEL WITH
<br />THE WEST LINE OF THE W 1/2 NW 1/4 OF SAID SECTION 10 FOR A DISTANCE OF
<br />149 FEET, THENCE RUNNING WEST AND PARALLEL TO THE NORTH LINE TO THE
<br />POINT OF BEGINNING
<br />which has the address of 1725 ST PAUL ROAD
<br />Nebraska 68801 (herein "Property Address ");
<br />, GRAND ISLAND
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the
<br />foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter
<br />referred to as the "Property";
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated 08/10/2000
<br />and extensions and renewals thereof (herein "Note "), in the principal sum of U.S. $ 59, 798.51 , with interest thereon,
<br />providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on 0 8 / 2 2 / 2 0 3 0 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to
<br />protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein
<br />contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />encumbrances of record.
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