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THIS DEED OF TRUST is made as of the 9th day of July, 2003, by and among
<br />0n
<br />WOOD RIVER C STORE, L.L.C., ("TRUSTOR" ), whose mailing address is: Highway 30 &
<br />East Street, Wood River, NE 68883.
<br />and DUANE A BURNS, Attorney, ( "TRUSTEE "), whose mailing address is: P. O. Box
<br />2300, Grand Island, Nebraska 68802;
<br />and GIDEON'S SERVICE, INC., A Nebraska Corporation, ( "BENEFICIARY "), whose
<br />mailing address is: P.O. Box 87, Wood River, NE 68883.
<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 />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the City of Wood River, County of Hall, State of Nebraska, and legally
<br />described as follows: (the "Property"):
<br />Lots Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), and
<br />Eighteen (18), Block Twenty Two (22), in Original Town of Wood River, Hall
<br />County, Nebraska
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in
<br />adjoining roads, streets and alleys, improvements and buildings of any kind situated hereon
<br />and all personal property that my be or hereafter become an integral part of such buildings and
<br />improvements.
<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 $80,000.00, with interest
<br />thereon, as evidenced by that certain Promissory Note of even date (the "Note ") with a
<br />maturity date of July 1, 2013, executed by Trustor, which has been delivered and is payable to
<br />the order of Beneficiary, and which by this reference is hereby made a part hereof, and any and
<br />all modifications, extensions and renewals thereof, and,
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with
<br />interest thereon at the rate of seven (6.5 %) percent per annum for the fast five years and
<br />(2.25 %) above prime after that.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further
<br />secure the payment and performance of any obligation secured hereby are referred to
<br />collectively as the "Loan Instruments ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of,
<br />and the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as
<br />provided in the Loan Instruments.
<br />2. REAL ESTATE TAXES. Trustor shall pay the annual real estate taxes to the Hall
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<br />DEED OF
<br />TRUST
<br />209308871
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<br />THIS DEED OF TRUST is made as of the 9th day of July, 2003, by and among
<br />0n
<br />WOOD RIVER C STORE, L.L.C., ("TRUSTOR" ), whose mailing address is: Highway 30 &
<br />East Street, Wood River, NE 68883.
<br />and DUANE A BURNS, Attorney, ( "TRUSTEE "), whose mailing address is: P. O. Box
<br />2300, Grand Island, Nebraska 68802;
<br />and GIDEON'S SERVICE, INC., A Nebraska Corporation, ( "BENEFICIARY "), whose
<br />mailing address is: P.O. Box 87, Wood River, NE 68883.
<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 />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the City of Wood River, County of Hall, State of Nebraska, and legally
<br />described as follows: (the "Property"):
<br />Lots Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), and
<br />Eighteen (18), Block Twenty Two (22), in Original Town of Wood River, Hall
<br />County, Nebraska
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in
<br />adjoining roads, streets and alleys, improvements and buildings of any kind situated hereon
<br />and all personal property that my be or hereafter become an integral part of such buildings and
<br />improvements.
<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 $80,000.00, with interest
<br />thereon, as evidenced by that certain Promissory Note of even date (the "Note ") with a
<br />maturity date of July 1, 2013, executed by Trustor, which has been delivered and is payable to
<br />the order of Beneficiary, and which by this reference is hereby made a part hereof, and any and
<br />all modifications, extensions and renewals thereof, and,
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with
<br />interest thereon at the rate of seven (6.5 %) percent per annum for the fast five years and
<br />(2.25 %) above prime after that.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further
<br />secure the payment and performance of any obligation secured hereby are referred to
<br />collectively as the "Loan Instruments ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of,
<br />and the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as
<br />provided in the Loan Instruments.
<br />2. REAL ESTATE TAXES. Trustor shall pay the annual real estate taxes to the Hall
<br />
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