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. •, •i�.�„� � yr i'�` +iwr�w- 90- x.07343 DEED OF TRUST THIS TRUST DEED made this 21st day of May, 1990, between PHILLIP CARTWRIGHT and CINDY CARTWRIGHT, husband and wife, as TRUSTORS, whose address is Cairo, Hall County, Nebraska; WILLIAM A. FRANCIS, Attorney at Law, as TRUSTEE= and DAVID M. GUZINSKI and SUSAN J. GUZINSKI, husband and wife, whose address is Cairo, pall County, Nebraska, as BENEFICIARY. WITNESSETH: That TRUSTORS hereby grant, bargain, sell, convey and warrant to TRUSTEE IN TRUST, his successors or assigns, with power of sale, the following- described real property: Lot Twelve (12), in Block mine (9), in the original Town of Cairo, Hall County, Nebraska, together with all buildings, improvements and appurtenances thereon, together with the personal property described in the installment Sale Contract dater' the 27th day of February, 1990, between the TRUSTORS and BENEFICIARY. The TRUSTORS hereby covenant and agree with the TRUSTEE and BENEFICIARY that they are lawfully seined and the owners of the above- described property; that they have good right and lawful authority to sell and convey said premises and that said premises are free and clear of all liens and encumbrances and further, that TRUSTORS will warrant and defend the title to said premises forever against the claims of all persons whomsoever. For the purpose of securing performance of each agreement of TRUSTORS herein contained and the payment of Forty -Five Thousand Dollars ($45,000) the TRUSTORS have executed a Promissory Note bearing even date, at the rate of interest and on the terms and conditions as set forth in such Note until paid. The principal sum and interest shall be payable in accordance with and upon the terms and conditions of said Note of even date, and in any event the entire principal balance due hereunder and any accrued interest shall be paid on May 1, 2000. All installment payments hereunder shall be applied first to the payment of interest computed monthly on the unpaid principal balance, pursuant to an amortization schedule, a copy of which has been provided to each of the parties hereto, and remainder of each installment to be applied to principal. All payments due hereunder shall be paid at the residence of the BENEFICIARY as above- described, or at such other place as such BENEFICIARY or the molder of said security shall designate in writing. a�.Ar.,•1 ��., ..L..y.. ..1 i Ai1. ' •. r +r ..1l •. r