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202200238 <br />Return To: LOAN ADMINISTRATION , BANK OF DONIPHAN, PO BOX 270, DONIPHAN, NE <br />68832 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is December 30, <br />2021. The parties and their addresses are: <br />TRUSTOR (Grantor): <br />KARL M. QUANDT <br />HUSBAND OF KIM M. QUANDT <br />7175 N QUANDT RD <br />GRAND ISLAND, NE 68801 <br />KIM M QUANDT <br />WIFE OF KARL M. QUANDT <br />7175 N QUANDT RD <br />GRAND ISLAND, NE 68801 <br />TRUSTEE: <br />BANK OF DONIPHAN <br />a Nebraska Financial Institution <br />P.O. BOX 270 <br />DONIPHAN, NE 68832 <br />BENEFICIARY (Lender): <br />BANK OF DONIPHAN <br />Organized and existing under the laws of Nebraska <br />PO BOX 270 <br />DONIPHAN, NE 68832 <br />1. DEFINITIONS. For the purposes of this document, the following term has the following <br />meaning. <br />A. Loan. "Loan" refers to this transaction generally, including obligations and duties arising <br />from the terms of all documents prepared or submitted for this transaction. <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debts and Grantor's performance under this Security <br />Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the <br />benefit of Lender, with power of sale, the following described property: <br />The Southwest Quarter (SW 1/4) of Section Two (2) Township Twelve (12) North, Range Nine <br />(9) West Of The 6th P.M., In Hall County, Nebraska, Excepting A Tract Of Land Commencing <br />At The Southwest Corner Of Said Section 2, Thence Running Easterly On The South Line Of <br />Said Section 2, A Distance Of 829.95 Feet To The Actual Point Of Beginning, Thence <br />Deflecting Left 89 degree 25' 45" and Running Northerly A Distane OF 336.80 Feet; Thence <br />Deflecting Right 89 degree 56'30" And Running Easterly A Distance Of 468.30 Feet; Thence, <br />Deflecting Right 86 degree 34'45" And Running Southerly A Distancce Of 333.12 Feet To The <br />KARL M. QUANDT <br />Nebraska Deed Of Trust <br />NE/4XXSPIEHS00000000002577027N Wolters Kluwer Financial Services ©1996, 2021 Bankers Page 1 <br />SystemsTM <br />