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<br />cr) HALL Cr' NE!HST 1113 0 0 b 0 U 1113 FL - i , u: 43
<br />REGISTER CF [JELL.,
<br />Return to:
<br />Galen E. Stehlik
<br />P.O. Box 400
<br />Grand Island, NE 68802-0400
<br />DEED OF TRUSTf
<br />THIS DEED OF TRUST is made on this !h day of January, 2023. The Trustor
<br />(whether one or more) is Randolph G. Scarborough, a single person, whose address for purposes
<br />of notices in respect to this Deed of Trust is 923 South Clark, Grand Island, Nebraska, 68801 and
<br />is sometimes herein identified as Borrower. The Trustee is Galen E. Stehlik, Attorney at Law
<br />and member of the Nebraska State Bar Association, whose address is P.O. Box 400, Grand
<br />Island, Nebraska 68802-0400. The Beneficiary is Alice M. Collister, a single person, whose
<br />mailing address is 318 West 13th Street, Grand Island, Nebraska 68801, Beneficiary. and is
<br />sometimes herein identified as Lender.
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH POWER
<br />OF SALE, THE FOLLOWING:
<br />Lot Seven (7), Block Ten (10) of Schimmer's Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />(318 West 13"' St., Grand Island, Nebraska).
<br />together with all buildings, improvements, fixtures, rights, privileges and appurtenances located
<br />thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and
<br />remainders thereof, and such personal property that is attached to the improvements so as to
<br />constitute a fixture, including, but not limited to, heating and cooling equipment and together
<br />with the homestead or marital interests, if any, which interests are hereby released and waived,
<br />all of which, including replacements and additions thereto, is hereby declared to be a part of the
<br />real estate secured by the lien of this Deed of Trust and all of the foregoing being referred to
<br />herein as the "Property".
<br />Borrower owes Lender the total sum of Forty -Five Thousand and No/100 Dollars
<br />($45,000.00) evidenced by Borrower's Note of even date herewith (hereinafter referred to as
<br />"Debt") which has a stated maturity date of March 1, 2027. This Debt shall include any and all
<br />modifications, extensions and renewals thereof or thereto and any and all future advances and
<br />readvances to Borrower (or any of them more than one) hereunder pursuant to one or more
<br />promissory notes or credit agreements (herein called "Note").
<br />This Deed of Trust secures to lender the Debt evidenced by said Note, the payment of all
<br />other sums, with interest, advanced under the provisions hereafter to protect the security and the
<br />performance of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />1. Borrower shall pay when due, the principal and interest as provided in said Note.
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