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A n � <br /> � rn <br /> ` l � n ��Tt N <br /> i f= (� 2 . f'� <br /> � � � m � �'� � C.�D o —�1 � � c'�D <br /> ` , � C N � � (.) � s. C � 0 C�D <br /> ��p c� �� rn � � rn �p � <br /> � �po �� � O � � cn <br /> �V.1 N —�c o N -n z �••► c�r'i <br /> .�G �m �,°, � � ,a=. orno 0 � <br /> � a o � � n � � <br /> ,�,c �' �~.. � 'J �- <br /> � n OD 2' <br /> �� 0778� � � � � <br /> 9 i <br /> DEED IN LIEU OF FORECLOSURE " �"�,� <br /> TIMOTHY A. KOLAR and LORI ANN KOLAR, Husband and Wife, � <br /> hereinafter referred to as Grantors, for consideration of FORTY <br /> THOUSAND DOLLARS ($40, 000 . 00) , as more fully set forth below, do <br /> hereby grant, bargain, sell, convey and confirm unto FIVE POINTS <br /> BANK, A Nebraska Banking Corporation, hereinafter referred to as <br /> Grantee, the following described real property in Hall County, <br /> Nebraska, to-wit : <br /> Lot Two (2) Billy Poe Subdivision, Hall County, Nebraska, <br /> to have and to hold the above-described premises together with all <br /> tenements, hereditaments and appurtenances thereto belonging to the <br /> Grantee and to its successors and assigns forever. <br /> Grantors do hereby covenant with the Grantee and with the <br /> Grantee' s successors and assigns that they are lawfully seized of <br /> said premises; that they are free from encumbrance except <br /> easements, covenants, and restrictions of record and except real <br /> estate taxes delinquent in 1998 and future years; that the Grantors <br /> have good right and lawful authority to convey the same; that the <br /> Grantors will warrant and defend the title to the premises against <br /> the lawful claims of all persons whomsoever. <br /> This Deed is an absolute conveyance of title and the effect as <br /> well as inform, and is not intended as a mortgage, trust conveyance <br /> or security of any kind. The consideration for this Dezd is the <br /> full release and discharge of principal inciebtedness of Forty <br /> Thousand Dollars ($40, 000 . 00) , identified by notes and obligations <br /> given to FIVE POINTS BANK by the Grantors . The acceptance of this <br /> Deed being given in satisfaction of payment of Forty Thousand <br /> Dollars ($40 , 000 . 00) of Grantors' obligations to Grantee . <br /> DATED this �-�_ day of , 1999 . <br /> �� .__._... <br /> T M Y A LAR <br /> � -- <br /> L �ANN OLAR, Gra tors <br /> STATE OF NEBRASKA) � <br /> ) ss . <br /> COUNTY OF ) <br /> The foregoing Deed in ie o Foreclosure was acknowledged <br /> before me this �_ day of , 1999, by TIMOTHY A. <br /> K:;LAP. Gs r?"anto?". <br /> , <br /> GEN o r Pu ic <br /> ��� CAROL A.OUAN y <br /> STATE OF NEBRASKA) My�,�,,yp,��� <br /> ) ss . <br /> COUNTY OF ) <br /> The foregoing Deed in Lie of Foreclosure was acknowledged <br /> before me this L�(o day of , 1999, by LORI ANN <br /> KOLAR, as Grantor. <br /> GENERAL N07ARY-State a�Nebraska <br /> III JOHN B.McDERMOT7 <br /> • My Comm.Exp.March 22,200E Not ar Publ ic <br /> RE\5PTKOLR.DED <br />