DEED OF TRUST
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this I" day of August, 2004, by and among ERIC J.
<br />ROSE and LESLIE A. ROSE, husband and wife, herein referred to as "Trustor ", whose mailing
<br />address is 2312 W. Charles Street, Grand Island, Nebraska 68801; CATHLEEN H. ALLEN,
<br />Attorney -at -Law, hereinafter referred to as "Trustee ", whose mailing address is P. O. Box 790,
<br />Grand Island, Nebraska 68802; and JACK D. O'HARA and DEANNE L. O'HARA, as their
<br />interests may appear, hereinafter referred to as "Beneficiary ", whose mailing address is 5137 S.
<br />Engleman Road, Grand Island, Nebraska 68803.
<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 subject
<br />to the terms and conditions of this Deed of Trust, the Trustor's interest in the following- described
<br />property located in Hall County, Nebraska, to -wit:
<br />Lot Two (2), Deadwood Subdivision, in 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 ONE HUNDRED TWENTY -
<br />FOUR THOUSAND TWO HUNDRED AND NO/ 100 DOLLARS
<br />($124,200.00), together with interest at the rate provided therein, or the
<br />principal and interest on any future advance not to exceed the total
<br />principal sum initially secured hereby as evidenced by promissory notes
<br />stating they are secured hereby, and any and all renewals, modifications
<br />and extensions of such notes, both principal and interest on the notes being
<br />payable in accordance with the terms set forth therein, which by this
<br />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.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on,
<br />the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
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<br />THIS DEED OF TRUST is made this I" day of August, 2004, by and among ERIC J.
<br />ROSE and LESLIE A. ROSE, husband and wife, herein referred to as "Trustor ", whose mailing
<br />address is 2312 W. Charles Street, Grand Island, Nebraska 68801; CATHLEEN H. ALLEN,
<br />Attorney -at -Law, hereinafter referred to as "Trustee ", whose mailing address is P. O. Box 790,
<br />Grand Island, Nebraska 68802; and JACK D. O'HARA and DEANNE L. O'HARA, as their
<br />interests may appear, hereinafter referred to as "Beneficiary ", whose mailing address is 5137 S.
<br />Engleman Road, Grand Island, Nebraska 68803.
<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 subject
<br />to the terms and conditions of this Deed of Trust, the Trustor's interest in the following- described
<br />property located in Hall County, Nebraska, to -wit:
<br />Lot Two (2), Deadwood Subdivision, in 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 ONE HUNDRED TWENTY -
<br />FOUR THOUSAND TWO HUNDRED AND NO/ 100 DOLLARS
<br />($124,200.00), together with interest at the rate provided therein, or the
<br />principal and interest on any future advance not to exceed the total
<br />principal sum initially secured hereby as evidenced by promissory notes
<br />stating they are secured hereby, and any and all renewals, modifications
<br />and extensions of such notes, both principal and interest on the notes being
<br />payable in accordance with the terms set forth therein, which by this
<br />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.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on,
<br />the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
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