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I :r 7 3 NOTIFICATION OF USE OF TRUST DEED TO SECURE PERFORMANCE OR OOLIOATION The undersigned hereby acknowledges and understands that the document to be executed by the undersigneed is a trust dad and not e mortgage. and that the power of sate provided for In the trust deed provides substantially different rights and obhgsttonll to the trustot than it mortgage in the event of a default or breach of obligation. Dated and execute on the_ 7th day of Deeesber .19 . prior d to execution of the following Trust Deed. atltesitn Davis TRUST DEED THIS TRUST DEED, made this 7th day of Dsceaber tp by and among rathnrine loan Day isss�irjla person. whose mailing address Is MW East OdWome Gratxd Island Nebraska (herein "Trustor j; and Union Bank and Trust Co. of Grand Island whose mailing address Is No- VeW Road, (herein "Trustee'(: and Union Bank and Trust Co. of Grand Island whos3 mailing address is 2MB No• kk ttl Road' Grand Island' !"Risks - (herein " Beneficlary1. FOR VALUABLE CONSIDERATION, Trustor irrevocably grants. transfers, conveysandassigns to Trustee, INTRUST. WITH POWER OF SALE, for the benefit and security of Beneficiary. unH llndsubjeetlottwlermsanoconc imonsofthls Trust Dead, the followingdescribed real property. located in County, Nebraslis: I,ot Tan (10). Black Two (2)r Valley View Subdluisidnr City of Grand Islands Hall County. Nabra*a �N h r � - :a n C 7_ N r_a n� 0 PC i, F:. 0 TOGETHER WITH all of the following, whether now owned or hereafter acquired: rents. profits, royalties. Income and other benefits derived from rho east property; all leases or subteases covering the real properly or any portion thereof: al: interests. estate or other claims, both in law and in eon !y in the real property; all homestead exemptions which are hereby released and waived: all easements, nghis•ot• way, tenements, ,^ �r• edilamenls: all all and gas tigrts and pro "ds. water rights ai•-- 1ghL title and interest ofTrustai. in and to any land lying wil "+m•i,eright- of -wayof any street or highway adjoining tt+e real ptorerly: any and al buildings, futures. improvemenas. and appu^tenances now of hereafter erected thereon or belonging thereoo, therein referred to as Imprmvemeni ' or "Imrrrov,E n•enIs•'I: and any and all away .-of made for are Making by enm ^Mt domain, or by any proceeding or purchase rn lieu hereof• of the whole or arty pail of the real property. All of one foregoing eaaele. properng and interest conveyed to Trustee here ^ collec WORV referred to as line 'Property . FOR THE PURPOSE OF SECURING con (al The payment of Indebtedness evidenced by Trusto s note or guarantee i"Note• 1 dated um,ev.lo► ^ t b r -• in the principal sum of •s Thirteen Thousand and no /lM •• - Dollars (s 13vom,M 1. togetherwithi nterestattherateorratesprovidedtherein. andtheprincrpalandinterestonany future advances evidenced by promissory notes or guarantees sfalrng they are secured hereby. and any and all renewals, modifications end extensions thereof• both principal and interest being payable on accordance with the terms set forth therein• whlchby, this reference is made apart hereof fbl The performance of each agreement and covenant of Trustor herein contained. and Ic) The payment of any sum or sums of money which may be hereafter paid or advanced by the Beneficiary under the terms of this Trust Deed. together with interest thereon at Ilhe rare provided in the "Note