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IIIIMINIIIINI 7J n("1 rIct -n rri z = DEED OF TRUST After filing, return to: Vince Dowding, Attorney at Law, P.O. Box 5315, Grand Island, NE 68802 -5315 KNOW ALL MEN BY THESE PRESENTS: that Alacia S. Salak and William K. Glandt, both single persons, hereinafter referred to as "Trustors ", to secure a note of even date herewith for the principal amount of One Hundred Forty Seven Thousand Dollars ($147,000.00) payable to the order of Russ J. Giesenhagen and Sheree R. Giesenhagen, #9 Ponderosa Drive, Grand Island, NE 68803, hereinafter referred to as "Beneficiaries ", providing for payment of the entire principal balance, together with interest at the rate of four percent (4 %) per annum, all in accordance with a Promissory Note executed on (C7 , 2018, does hereby grant and convey unto Steven W. Dowding, attorney at law, the "Trustee ", the following described property: Lot Nine (9), Block Seven (7), West Park Addition to the City of Grand Island, Hall County, Nebraska. TO HAVE AND TO HOLD the same, together with all appurtenances, in trust nevertheless, and in case of default in the payment of said Note or any part thereof or interest thereon or in the performance of any covenant hereinafter set forth, then the Trustee shall have the power to sell the above - described property, and upon request of the Beneficiary, the Trustee shall file for record in the Register of Deed's Office of Hall County, Nebraska, a Notice of Default, setting forth that a breach of an obligation for which the said property was conveyed as security has occurred, and setting forth the nature of such breach and the Trustee's election to sell the property to satisfy the obligation; and after the lapse of not Tess than one (1) month, the Trustee shall give written notice of the time and place of sale which may be between 9:00 a.m. and 5:00 p.m. at the premises, or at the Hall County Courthouse, and particularly describing the property to be sold, said Notice to be published in a newspaper of a general circulation in Hall County, Nebraska, once a week for five (5) consecutive weeks, the last publication to be at least ten (10) days but not more than thirty (30) days prior to the sale; and the Trustee shall then sell said property at the time and place designated in this Notice, in the manner provided by law in effect at the time of filing said notice, at public auction to the highest bidder for cash, and shall deliver to such purchaser a deed to the property sold