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<br />INST 2023 0 0 9 b 0 2073 -1 P 3: 3ri
<br />FZEGISTER OF DE
<br />IOVIIISEIV To
<br />Return to: Cathleen H. Allen
<br />Smith Johnson Law Firm
<br />104 N. Wheeler Avenue
<br />Grand Island NE 68801
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 1' day of March, 2023. The Trustor (whether one
<br />or more) is PAUL C. NIELSEN and HANNAH M. NIELSEN, husband and wife, whose address
<br />for purposes of notices in respect to this Deed of Trust is 1710 Idlewood Lane, Grand Island,
<br />Nebraska 68803 and is sometimes identified herein as `Borrower". The Trustee is CATHLEEN
<br />H. ALLEN, Attorney at Law and member of the Nebraska State Bar Association, whose address
<br />is 104 N. Wheeler Avenue, Grand Island, Nebraska 68801. The Beneficiary is THOMAS L.
<br />NIELSEN and LOIS E. NIELSEN, husband and wife, as joint tenants, whose address for
<br />purposes of notification under this Deed of Trust is 30 Kuester Lake, Grand Island, Nebraska
<br />68801 and is sometimes identified herein as "Lender".
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH
<br />POWER OF SALE, THE FOLLOWING:
<br />Easterly One -Third (E1/3) of Lot Two (2), Block Sixty -Five (65), in the Original
<br />Town, now City of Grand Island, Hall County, Nebraska,
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements,
<br />rights, privileges, and appurtenances located thereon or in anywise pertaining thereto, and the
<br />rents, issues and profits, reversions and remainders thereof, and such personal property that is
<br />attached to the improvements so as to constitute a fixture, including but not limited to heating
<br />and cooling equipment, and together with the homestead or marital interests, if any, which
<br />interests are hereby released and waived; all of which, including replacements and additions
<br />thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust
<br />and all of the foregoing being referred to herein as the "Property".
<br />This Deed of Trust secures the total sum of Eighty Thousand and No/100 Dollars
<br />($80,000.00) (hereinafter referred to as "Debt") as evidenced by Borrower's Deed of Trust Note
<br />dated March 1, 2023 (herein called "Note"), which has a stated maturity date of October 1, 2041.
<br />This Debt shall include any and all modifications, extensions, and renewals thereof or thereto,
<br />and any and all future advances and re -advances to Borrower (or any of them if more than one)
<br />hereunder pursuant to one or more promissory notes or credit agreements.
<br />This Deed of Trust secures to Lender: (i) the Debt evidenced by said Note; (ii) the
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the
<br />security; and (iii) the 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.
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