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<br /> . , .. .�, ::��.�r TRtiBTOR RF.�D THIS HSFOItS SIOIIIN(is
<br />---- - . _�� - -- Trueeor underetando tha�t �he doaumont that Trustor ia about �;
<br /> �` '� ' to ez4aute is a Deed o� Trust aad not a aprtgaqe and that the
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<br /> , �,����.'.;: '� power of sale provided for fa the Deed of Truet provides eubetaia _
<br /> .-,h,.�:.t���,a r ..� tially different righte aad obliqations to T�ustor than a atort- _
<br />=1�'.» ' � '� �`��- qnge in tbe event of a dafa�alt or brench of obligaCion uader the � -
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<br /> .��:,�; ,�_ � , , Dead of �ru�t, including, but aot lisiited to, the Lender�s right �,,,�N,.�_
<br /> -_ �►,�.T �... .•°-��: to heve the Property sold by tUo TrusLee wfthout ar►y judicial .:.t . -
<br /> ,. �'�� procesdiag. Trustor represente and warrants t.�►a� this Aaknoxl- _
<br /> _.�� ,.' ' e d g e�en t �as asecu t e d b y T r u e t o; b e f o r t h e a x�u t i o a o f t h o D a Q d , .t•��'-:^
<br /> � � .� .^ `�«;.: •�. ,- of Truet. � _------
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<br /> ��:��t�:,� y�:.:':�" �t.��{fi�SS�t�; , DSED QF TRQST —�--
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<br /> � �?�Y �� } ' Tt�s DEIED OF TR�3ST is made se of the 15t� day of JAauary, �
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<br /> . , ,t�i. ��r,:;r � ..,,t ��+���r ��4, 1993 b1P •�Gii1 8Q11D13tj th@ TIUBtOI� JAMES 7�. MCELROY' dIld ROSEMARIE 7B. �`�e -;�,;. --
<br /> _:;�(;�';;.� ',1` t. ,�,,;��`.,��; ., b f�E]L R�Y, Hu�maa�d a n d W i f@ j a n�d J A M E S L. M C E L l i O Y', T R U S T E E, W h 0 8e .,c,t�i-�_
<br /> ���'�r��' :i '`•� �mai3�ng address for pus�c�aes off this Deed of Ts!ust is 720 S. ' : ,;
<br /> ,�;���1Pc s�'r.�}� , � �F Bla�.ne, Grand tRl.and, N� 688�p3 (herein, "Trus?Lmr", whether ome �..�-,�� =
<br />==E�r,,,', �",�,3, .���.�'':+ ^`F or more), the Trusteeo �tEND R. HAACK, Attorney at I,aw, wLose `= -��`-'"
<br />.�v�ti��;,'. ,;r�.���fY,.�"` ��r mailing addresa ia P. �O. Boz 790, Graund Ysland, NE 68802-0790 ����
<br /> .;;r,s�.��;;; ;,,:,^.:� � ... �, ` ' (herein "Trustee"), and the Seneficiary, THE OVERLAND NATIONAL �y�_
<br /> �`�a��;�i� BANR OF GRAND 3SLA�iD whose mailin address is P. 0. Box 1688, �
<br /> .;.�,..��yf. :u_•,tC i �J �.
<br />'��k,,�;.,;; �•� � .�:-��►' � arand 2sland, NE 68802-1688 qhereia "Lender„� . 5,,.�:,
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<br /> •I �.'�'�':'• �'�-;�a . � ''.r�'�.:i'",, FOR VALUABLE CON5IAE1tATION� including Lemder�s e7ctQDSiOY1 of �- "
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<br /> �;���,.k• • ,��,�. � ��s�� r�. credit identified here3n to JB�S L. �tcE3�R0Y, Ro3EMARiE S. �==�
<br /> f Mc�LROY, �'R�78TEE (herein ��9orrower", whetlner t�'j�t';���:
<br /> '�' � �'��fl��,�� McELROY and JAMES L.
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<br /> , �� one or more), aad the truet tn�erein crested, +the rgce3pt of w�i�ch ;:1.
<br />`N�'r;����,ti is hereby acknowledged, �'rustor hereby irrevoca3�le grants, traIIas- ,,:i•,�:,i�ri;�--
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<br />'��� `� • � fers, conveys aad assig�s to Truatee, I�7 TRIIST, WITH POWER OF -
<br />;��' � ° - SALE, #or the benefit and security o� the Le��isr, under and aum- . ,'<_�� l
<br /> ��,,'� � � 'y�'�,���� E ' � �ect to the terms and conditions hereinafter set forth, J.egally ����'`
<br /> js;��, �'" � . deacr�bed as Eollows: � �,,.,�;
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<br />•�� � � �' � ` � � 7� tract of laad comprising a past of the Southwes� '�r°,°�;.r�==fi
<br /> ��� � 1�� ''� `%�:"�� Quarter of the Northeast QuarLer (3W1/4NE1/4) o� '
<br />��:�..�� ` �.`�� �':. Section �,renty-Four (24� , Township Eleve�a (11) Nort3a, �� � ,
<br /> Ranqe Ten (l0) west of tDn� 6th P.M. in Grand Islac�d, �
<br />_ . ' �+*,���,.�_�°� Hall County, Nebraska, more particularly describe� as . . ..
<br />' � , ;;; " � follows: �
<br /> '4 1`./'�i " �1..:.: ' .
<br /> :r,� ? i . ''�����`��%ti .
<br /> Beq�.�ninq a� the sp�nthsvest corner of said �7or��n-
<br /> 'j?;.. �. . '':.�;:, �'"�`;. east 4uaa�ter (NE1/4); tt�•e�ace �no�rtherly alonq the west ,
<br /> '�;��: ,��� �� '�:`t•tfr.;'y�.�•`'. �.ine of said Northeast Qu�artes ((I��i/4), a distamc•e of
<br /> � � _ � ���en Huradred Fifteen and F�ift�-Sax Hundredths (935.56)
<br /> ,� � feet to the southerly right-of-�a� line of U.S. tY�qhway
<br /> .�._�w��__. �_. Ho. 30- thence deflecti[n� r�taht 60 Deqrees 35 Minutes �
<br /> � � 25 Seconcds and running noatheasterly alcnq eaid right-
<br /> ' : ` � of-way 1ine, a distance of Thirty-Seven and Nine Tenths
<br /> � � � (37.9) feet to the �y place of beqinninq; theace
<br /> ;: , A� � cont3nuiaq northeasterly along the last described �
<br /> , course, a distance of One Hundred 7�velve and Thirty-oae
<br /> ,. ; �;, , �undredt�e (112.31) feet; thence deflectinq right 04
<br /> , • Degreas 59 Minutes 48 seconde and running aort�easterly
<br />� � � �'., s:�, � alonq said right-of-way line, a distance of one Hundred
<br /> � ,�: .�s� Seventy-Ffve and Sight Hundredthe (175.08) feet; thence
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