lov211S8V 1'9
<br />RE-RECOItOED 2 0 2 4 0 4 0 5cK C 1-109°
<br />INST 2024 03b4I
<br />DEED OF TRUST
<br />REFUNDS:
<br />CASH
<br />CHECK
<br />RECORDED
<br />HALL COUNTY NE
<br />nil Ai _ 1 P 3: 32
<br />°1f is l WOLD
<br />REGISTER OF DEEDS
<br />C
<br />THIS DEED OF TRUST is made this I day of may, 2024, by and among BROCK A.
<br />PETERS and ASHLEY N. PETERS, husband and wife, herein referred to as "Trustor", whose
<br />mailing address is 2505 E. Seedling Mile Road, Grand Island, NE 68801; CATHLEEN H.
<br />ALLEN, Attorney -at -Law, hereinafter referred to as "Trustee", whose mailing address is 104 N.
<br />Wheeler Avenue, Grand Island, Nebraska 68801; and ROBERT D. HANCOCK and PATRICIA
<br />J. HANCOCK , husband and wife, hereinafter referred to as "Beneficiary", whose mailing
<br />address is 5938 N. 80th Rd., Cairo, Nebraska 68824.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -
<br />described property located in Hall County, Nebraska, to -wit:
<br />Fractional Lot Two (2) and Fractional Lot Three (3) & Lots Four (4) & Five (5)
<br />and part of the vacated street in Block Thirty -Three (33), Packer & Barr's Second
<br />Addition to the City of Grand Island, Hall County, Nebraska; and
<br />Fractional Lot Six (6) and Fractional Lot Seven (7), Block Thirty -Four (34),
<br />Packer & Barr's Second Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of
<br />even date herewith in the principal sum of FIVE HUNDRED
<br />THOUSAND and NO/100 DOLLARS ($500,000.00), together with inter-
<br />est at the rate provided therein, or the principal and interest on any future
<br />advance not to exceed the total principal sum initially secured hereby as
<br />evidenced by promissory notes stating they are secured hereby, and any
<br />and all renewals, modifications and extensions of such notes, both princi-
<br />pal and interest on the notes being payable in accordance with the terms
<br />set forth therein, which by this reference is hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor
<br />herein contained; and
<br />(c) the payment of any sum or sums of money which may be
<br />hereafter paid or advanced by Beneficiary under the terms of this Deed of
<br />Trust, together with interest thereon at the rate provided in the note.
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