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The southerly Forty -four feet (44')of Lot Four (4) in Block Seventy -four (74) in the Original <br />Town of Grand Island, now City of Grand Island, Hall County, Nebraska. <br />together with all buildings, improvements, fixtures, and appurtenances located thereon. <br />Grantor covenants with Grantee that Grantor is lawfully seized of such real estate and that the <br />real estate is free from encumbrance, except encumbrances of record; has legal power and lawful <br />authority to convey the real estate; warrants and will defend the title to the real estate against the lawful <br />claims of all persons. <br />Non-Merger Grantor and Grantee acknowledge and agree that this Deed in Lieu of <br />Foreclosure does not merge the fee simple title of the real estate with the lienhold interest of Farmer's <br />State Bank by reason of a Deed of Trust recorded as instrument number 0200202600, at the office of <br />the Register of Deeds of Hall County, Nebraska, on March 8, 2002. It is the Farmers State Bank's <br />intention to hold the fee simple title subject to the Bank's own liens against the real estate and to retain <br />all rights of a secured creditor with respect to the property including, but not limited to, the right to sale <br />under the ebra a Trust Deed Act and the right to commence a judicial foreclosure. <br />Dated G3 } <br />�..r'„ � f I <br />Tyson A.Couch <br />c , <br />STATE OF NEBRASKA, COUNTY OF <br />The foregoing instrument was acknowledged before me <br />A. Couch, a single person. <br />Notary <br />,.IiI�I, P] <br />F�Tyson <br />Meoi :ae <br />ccTe K. CAFLS2N <br />fo r11[XO 1 � Z 2103 <br />S,p Lo'L, — <br />°s <br />o <br />m <br />n <br />=nv <br />oN�.. <br />m <br />to <br />N <br />n O <br />D <br />1:3 <br />z <br />2 302774 <br />6` <br />DEED IN LIEU OF FORECLOSURE <br />W <br />s <br />Tyson A. Couch, a single person, Grantor, in lieu of foreclosure, <br />conveys unto Farmers State <br />Bank, <br />Grantee, the following described real estate as defined in Nebraska <br />Revised Statutes Section 76- <br />201 <br />The southerly Forty -four feet (44')of Lot Four (4) in Block Seventy -four (74) in the Original <br />Town of Grand Island, now City of Grand Island, Hall County, Nebraska. <br />together with all buildings, improvements, fixtures, and appurtenances located thereon. <br />Grantor covenants with Grantee that Grantor is lawfully seized of such real estate and that the <br />real estate is free from encumbrance, except encumbrances of record; has legal power and lawful <br />authority to convey the real estate; warrants and will defend the title to the real estate against the lawful <br />claims of all persons. <br />Non-Merger Grantor and Grantee acknowledge and agree that this Deed in Lieu of <br />Foreclosure does not merge the fee simple title of the real estate with the lienhold interest of Farmer's <br />State Bank by reason of a Deed of Trust recorded as instrument number 0200202600, at the office of <br />the Register of Deeds of Hall County, Nebraska, on March 8, 2002. It is the Farmers State Bank's <br />intention to hold the fee simple title subject to the Bank's own liens against the real estate and to retain <br />all rights of a secured creditor with respect to the property including, but not limited to, the right to sale <br />under the ebra a Trust Deed Act and the right to commence a judicial foreclosure. <br />Dated G3 } <br />�..r'„ � f I <br />Tyson A.Couch <br />c , <br />STATE OF NEBRASKA, COUNTY OF <br />The foregoing instrument was acknowledged before me <br />A. Couch, a single person. <br />Notary <br />,.IiI�I, P] <br />F�Tyson <br />Meoi :ae <br />ccTe K. CAFLS2N <br />fo r11[XO 1 � Z 2103 <br />S,p Lo'L, — <br />