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DEED OF TRUST
<br />2017 04533
<br />THIS DEED OF TRUST is made on this lQ day of JILL, , 2017. The
<br />Trustor (whether one or more) is KELVIN E. KLEEB, TRUSTEE OF THE KELVIN E. KLEEB
<br />REVOCABLE LIVING TRUST AGREEMENT DATED FEBRUARY 22, 2011, AS
<br />AMENDED as to an undivided one -half (1/2) interest and SUSAN ALLAN KLEEB, TRUSTEE
<br />OF THE SUSAN ALLAN KLEEB REVOCABLE LIVING TRUST AGREEMENT DATED
<br />FEBRUARY 22, 2011, AS AMENDED as to an undivided one -half (1/2) interest
<br />whose address for purposes of notices in respect to this Deed of Trust is 7535 South 60th Rd.,
<br />Alda, Nebraska 68810 and who is sometimes identified herein as "Borrower ". The Trustee is
<br />Bruce I. Smith, Attorney at Law and member of the Nebraska State Bar Association, whose
<br />address is 104 N. Wheeler Avenue, PO Box 790, Grand Island, NE 68802 -0790. The
<br />Beneficiary is DENNIS KRUG and SUSAN I. LUECHT, husband and wife, as joint tenants with
<br />rights of survivorship, whose address for purposes of notification under this Deed of Trust is
<br />18671 So. River Road, Alva, Florida 33920, and who is sometimes identified herein as
<br />"Lender ".
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH
<br />POWER OF SALE, THE FOLLOWING REAL ESTATE:
<br />The Northwest Quarter of the Southwest Quarter (NW %SWY4),
<br />Section Twenty -Three (23), Township Eleven (11) North, Range Ten
<br />(10) West of the 6th P.M., Hall County, Nebraska,
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements,
<br />rights, privileges, and appurtenances located thereon or in anywise pertaining thereto, and the
<br />rents, issues and profits, reversions and remainders thereof, and such personal property that is
<br />attached to the improvements so as to constitute a fixture, including but not limited to heating
<br />and cooling equipment, and together with the homestead or marital interests, if any, which
<br />interests are hereby released and waived; all of which, including replacements and additions
<br />thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust
<br />and all of the foregoing being referred to herein as the "Property ".
<br />This Deed of Trust secures the total sum of Two Hundred Thousand and No /100 Dollars
<br />($200,000.00) (hereinafter referred to as "Debt ") as evidenced by Borrower's Promissory Note
<br />of even date herewith (herein called "Note "), which has a stated maturity date of December 1,
<br />2027. This Debt shall include any and all modifications, extensions, and renewals thereof or
<br />thereto, and any and all future advances and re- advances to Borrower (or any of them if more
<br />than one) hereunder pursuant to one or more promissory notes or credit agreements.
<br />This Deed of Trust secures to Lender: (i) the Debt evidenced by said Note; (ii) the
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the
<br />security; and (iii) the performance 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.
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