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200400669
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Last modified
10/16/2011 11:36:30 AM
Creation date
10/20/2005 11:06:52 PM
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DEEDS
Inst Number
200400669
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20/400669 <br />and the Note to Trustee for cancellation and retention and upon payment by Trustors of <br />Trustee's fees, Trustee shall reconvey to Trustors, or the person or persons legally <br />entitled thereto, without warranty, any portion of the Trust Estate then held hereunder. <br />The recitals in such reconveyance of any matters or facts shall be conclusive proof of the <br />truthfulness thereof. The grantee in any reconveyance may be described as "the person <br />or persons legally entitled thereto ". <br />15. NOTICES. Whenever Beneficiary, Trustors, orTrustee shall desire to give or <br />serve any notice, demand, request or other communication with respect to this Deed of <br />Trust, each such notice, demand, request or other communication shall be in writing and <br />shall be effective only if the same is delivered by personal service or mailed by certified <br />mail, postage prepaid, return receipt requested, addressed to the address set forth at the <br />beginning of this Deed of Trust. Any party may at this time change its address for such <br />notices by delivering or mailing to the other parties hereto, as aforesaid, a notice of such <br />change. <br />16. DUE ON SALE. TRANSFER OF PROPERTY. Beneficiary enters into this <br />agreement on responsibility of Trustors and on the basis of the amicable relations which <br />have previously existed between Beneficiary and Trustors with respect to the subject <br />premises. Should Trustors desire to sell or encumber the subject premises or any part <br />thereof, they shall forthwith obtain the consent of Beneficiary to such sale or <br />encumbrance while any sums remain due on the Note secured by this Trust Deed. <br />Should Trustors sell or encumber any part of the subject premises or any interest therein <br />to any third party, or enter into an agreement to sell, encumber, or create an interest in a <br />third person in the Property without the consent of Beneficiary, other than the granting of <br />a farm lease to a third party or the granting of an oil, gas or other mineral lease of any <br />part of the premises, or Trustors permit any part of the subject premises or any interest <br />therein to become subject to a lien of any kind without the consent of Beneficiary, <br />Beneficiary, at Beneficiary's option, can declare the entire indebtedness remaining due <br />and unpaid secured hereby immediately due and payable, and exercise any remedies <br />available under the provision of this Trust Deed. This provision shall not apply to Trustor's <br />grant of a farm lease to a third party or Trustor's grant of an oil, gas or other mineral lease <br />to a third party. <br />17. PURCHASE MONEY TRUST DEED. This trust deed is a purchase money <br />trust deed. <br />18. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Deed of <br />Trust, duly executed and acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustors have executed this Deed of Trust as of the day <br />and year first above written. <br />F402* _ 4 <br />Meloffiam <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF HALL ) <br />DIANNE L. THOMPSON, Trustor <br />The foregoing instrument was acknowledged before me this ,-� day of <br />January, 2004, by Douglas D. Thompson and Dianne L. Thompson, husband and wife as <br />equal tenants in common, for the purposes therein stated. <br />State of Nebraska <br />� WE pY CAMERON <br />comm. F�cP• March 18, 2007 <br />Notary Publ' <br />5 <br />
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