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<br />2004 c„'
<br />CM 6q ,
<br />c C
<br />DEED OF T §UST ,:? S
<br />THIS DEED OF TRUST is made this ✓ S day of ���>'��Cj� , 2004, by
<br />and among JEREMY GEWECKE, single, ( "TRUSTOR "), whose mailing address is 8584 W.
<br />US Highway 30, Wood River, NE 68883;
<br />and DUANE A. BURNS, a member of the Nebraska State Bar Association ( "TRUSTEE "),
<br />whose mailing address is P.O. Box 2300, Grand Island, Nebraska 68802;
<br />and RICHARD W. WEBSTER and MARILYN D. WEBSTER, husband and wife, as joint
<br />tenants, ( "BENEFICIARIES "), whose mailing address is 3307 Schroeder Avenue, Grand
<br />Island, Nebraska 68803.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and
<br />assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiaries, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the County of Hall, State of Nebraska, and legally described as follows:
<br />(the "Property "):
<br />Lot One (1), RMW Subdivision, Hall County, Nebraska
<br />TOGETHER WITH all easements, appurtenances, hereditaments, interest in adjoining
<br />roads, improvements and buildings of any kind situated thereon and all personal property that
<br />may be or hereafter become an integral part of such property.
<br />The property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $185,000.00, with interest
<br />thereon at the rate of six percent (6.0% ) per annum, as evidenced by that certain Deed of
<br />Trust Promissory Note of even date ( "The Note ") with a maturity date of March 1, 2025,
<br />executed by Trustor, which has been delivered and is payable to the order of Beneficiaries,
<br />and which by this reference is made a part hereof, and any and all modifications, extensions
<br />and renewals thereof;
<br />b. Payment of all loan charges, fees and legal fees; and
<br />c. Payment of all sums which may have been advanced by Beneficiaries to protect the
<br />Trust Estate which shall be secured by this Deed of Trust, with interest thereon at the rate of
<br />twelve (12 %) percent per annum.
<br />This Deed of Trust, the Deed of Trust Promissory Note, and any other instrument
<br />given to evidence or further secure the payment and performance of any obligation secured
<br />hereby are referred to collectively as the "Loan Instruments ".
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