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THIS DEED OF TRUST is made this .9-7 day of June, 2001 by and among BECKY
<br />J. KILLIAN, a single person, and EARL W. JOHNSON, a single person, ( "TRUSTORS "),
<br />whose mailing address is P. O. Box 322, Alda, NE 68810;
<br />and DUANE A. BURNS, a member of the Nebraska State Bar Association ( "TRUSTEE "),
<br />whose mailing address is P.O. Box 2300, Grand Island, Nebraska 68802;
<br />and DAVID W. EMPFIELD ( "BENEFICIARY "), whose mailing address is 825 E. Highway
<br />34, Grand Island, Nebraska 68801.
<br />FOR VALUABLE CONSIDERATION, Trustors irrevocably transfer, convey, and
<br />assign to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the County of Hall, State of Nebraska, and legally described as follows:
<br />(the "Property"):
<br />A part of Block 4, Brown's Addition to Alda, Hall County, Nebraska,
<br />described as beginning at a point on the South line of said Block 4, a
<br />distance of 50 feet West of the Southeast corner of said Block 4; thence
<br />Northerly and parallel to the East line of said Block 4, a distance of 150 feet;
<br />thence Westerly and parallel to the Southerly line of said Block 4, a distance
<br />of 100 feet; thence Southerly and parallel to the Easterly line of said Block 4,
<br />a distance of 150 feet; thence Easterly along and upon the South line of said
<br />Block 4, a distance of 100 feet to the point of beginning, known as 304 West
<br />Pine, Alda, Nebraska.
<br />TOGETHER WITH all rents, easements, appurtenances; hereditaments, interest in
<br />adjoining roads, improvements and buildings of any kind situated thereon and all personal
<br />property that may be or hereafter become an integral part of such property.
<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 $22,000.00, with interest
<br />thereon, as evidenced by that certain Promissory Note of even date ( "The Note ") with a
<br />maturity date of July 1, 2011, executed by Trustors, which has been delivered and is payable to
<br />the order of Beneficiary, and which by this reference is made a part hereof, and any and all
<br />modifications, extensions and renewals thereof,
<br />b. Payment of all loan charges, fees, legal fees, escrow agent's set -up fees and escrow
<br />agent's annual service fee; and
<br />c. Payment of all sums which may have been advanced by Beneficiary to protect the
<br />Trust Estate which shall be secured by this Deed of Trust, with interest thereon at the rate of
<br />sixteen (16 %) percent per annum.
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<br />DEED OF TRUST
<br />as
<br />THIS DEED OF TRUST is made this .9-7 day of June, 2001 by and among BECKY
<br />J. KILLIAN, a single person, and EARL W. JOHNSON, a single person, ( "TRUSTORS "),
<br />whose mailing address is P. O. Box 322, Alda, NE 68810;
<br />and DUANE A. BURNS, a member of the Nebraska State Bar Association ( "TRUSTEE "),
<br />whose mailing address is P.O. Box 2300, Grand Island, Nebraska 68802;
<br />and DAVID W. EMPFIELD ( "BENEFICIARY "), whose mailing address is 825 E. Highway
<br />34, Grand Island, Nebraska 68801.
<br />FOR VALUABLE CONSIDERATION, Trustors irrevocably transfer, convey, and
<br />assign to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the County of Hall, State of Nebraska, and legally described as follows:
<br />(the "Property"):
<br />A part of Block 4, Brown's Addition to Alda, Hall County, Nebraska,
<br />described as beginning at a point on the South line of said Block 4, a
<br />distance of 50 feet West of the Southeast corner of said Block 4; thence
<br />Northerly and parallel to the East line of said Block 4, a distance of 150 feet;
<br />thence Westerly and parallel to the Southerly line of said Block 4, a distance
<br />of 100 feet; thence Southerly and parallel to the Easterly line of said Block 4,
<br />a distance of 150 feet; thence Easterly along and upon the South line of said
<br />Block 4, a distance of 100 feet to the point of beginning, known as 304 West
<br />Pine, Alda, Nebraska.
<br />TOGETHER WITH all rents, easements, appurtenances; hereditaments, interest in
<br />adjoining roads, improvements and buildings of any kind situated thereon and all personal
<br />property that may be or hereafter become an integral part of such property.
<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 $22,000.00, with interest
<br />thereon, as evidenced by that certain Promissory Note of even date ( "The Note ") with a
<br />maturity date of July 1, 2011, executed by Trustors, which has been delivered and is payable to
<br />the order of Beneficiary, and which by this reference is made a part hereof, and any and all
<br />modifications, extensions and renewals thereof,
<br />b. Payment of all loan charges, fees, legal fees, escrow agent's set -up fees and escrow
<br />agent's annual service fee; and
<br />c. Payment of all sums which may have been advanced by Beneficiary to protect the
<br />Trust Estate which shall be secured by this Deed of Trust, with interest thereon at the rate of
<br />sixteen (16 %) percent per annum.
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