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201903313
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6/10/2019 2:29:44 PM
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6/10/2019 2:29:43 PM
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DEEDS
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201903313
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After filing, return to: <br />Vince Dowding, Attorney at Law, P.O. Box 5315, Grand Island, NE 68802-5315 <br />DEED OF TRUST <br />3 <br />KNOW ALL MEN BY THESE PRESENTS: Kleint Properties, L.L.C., and Kleint's <br />Building & Const., Inc., hereinafter referred to as "Trustors", to secure a note of even date <br />herewith for the principal amount of Fifty Thousand Dollars ($50,000.00) payable to the <br />order of Tim Putscher and Penny Putscher, as joint tenants, 332 St. Paul Road, St. <br />Libory, NE 68872, hereinafter referred to as "Beneficiaries", providing for payment of the <br />entire principal balance, together with interest at the rate of 9.8 percent per annum, all in <br />accordance with a Promissory Note executed on April 11, 2019, does hereby grant and <br />convey unto Vince Dowding, attorney at law, the "Trustee", the following described <br />property: <br />See Exhibit A <br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust <br />nevertheless, and in case of default in the payment of said Note or any part thereof or <br />interest thereon or in the performance of any covenant hereinafter set forth, then the <br />Trustee shall have the power to sell the above-described property, and upon request of <br />the Beneficiary, the Trustee shall file for record in the Register of Deed's Office of Hall <br />County, Nebraska, a Notice of Default, setting forth that a breach of an obligation for <br />which the said property was conveyed as security has occurred, and setting forth the <br />nature of such breach and the Trustee's election to sell the property to satisfy the <br />obligation; and after the lapse of not less than one (1) month, the Trustee shall give <br />written notice of the time and place of sale which may be between 9:00 a.m. and 5:00 <br />p.m. at the premises, or at the Hall County Courthouse, and particularly describing the <br />property to be sold, said Notice to be published in a newspaper of a general circulation in <br />Hall County, Nebraska, once a week for five (5) consecutive weeks, the last publication to <br />be at least ten (10) days but not more than thirty (30) days prior to the sale; and the <br />Trustee shall then sell said property at the time and place designated in this Notice, in the <br />manner provided by law in effect at the time of filing said notice, at public auction to the <br />highest bidder for cash, and shall deliver to such purchaser a deed to the property sold <br />consistent with the law in effect at that time. Additionally, Trustors hereby request that <br />ON 1N3W(D1SNI SY 031131N3 <br />0.6 <br />
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