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DEED OF TRUST
<br />Lot Twelve (12), in Block One (1), in Pleasant View Addition to the
<br />City of Grand Island, Hall County, Nebraska,
<br />201801444
<br />THIS DEED OF TRUST is made this !.-d y of March, 2018, by and among WILLIAM J.
<br />JOHNSTON, a single person, hereinafter referred to as "Trustor ", whether one or more, whose
<br />mailing address is 922 Pleasant View Drive, Grand Island, NE 68801; KEVIN A. BROSTROM,
<br />Attorney at Law, hereinafter referred to as "Trustee," whose address is 724 W. Koenig, P.O. Box
<br />400, Grand Island, NE 68802; and DEBRA J. LOEWENSTEIN, a married person, whose mailing
<br />address is 32602 Stagecoach Rd., Windsor, CO 80550, Beneficiary.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject
<br />to the terms and conditions of this Deed of Trust, the following- described property, located in Hall
<br />County, Nebraska:
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights,
<br />privileges and appurtenances located thereon or in any way pertaining thereto, and the rents, issues,
<br />profits, reversions and the remainders thereof, including all such personal property that is attached
<br />to the improvements so as to constitute a fixture, all of which, including replacements and additions
<br />thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed
<br />that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date
<br />herewith in the principal sum of Twenty -Five Thousand Dollars ($25,000.00),
<br />together with interest at the rate or rates provided therein, or the principal and interest
<br />on any future advance as evidenced by promissory notes stating they are secured
<br />hereby, and any and all renewals, modifications and extensions of such notes, both
<br />principal and interest on the notes being payable in accordance with the terms set
<br />forth therein and the amortization schedule attached thereto, which by this reference
<br />are hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor herein
<br />contained; and
<br />(c) the payment of any sum or sums of money which may be hereafter paid
<br />or advanced by Beneficiary under the terms of this Deed of Trust, together with
<br />interest thereon at the rate provided in the note.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows:
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the
<br />indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
<br />2: Title. Trustor I's the owner of the property and has the right and authority to execute this
<br />Deed of Trust in respect to the property.
<br />3. Taxes and Assessment. To pay, when due, all taxes, special assessments and all other
<br />charges against the property, before the same become delinquent, and, in the event Beneficiary shall
<br />so require, to add to the payments required under the note secured hereby, such amount as may be
<br />sufficient to enable Beneficiary to pay such taxes, assessments or other charges as they become due.
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