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THIS DEED OF TRUST is made on this 16th day of January, 2002- The Truster (I
<br />(whether one or more) is GLENDA L. RATHJEN and LYNN D. RATHJEN, Wife and
<br />Husband, and TAMI BF,DNAR and THOMAS D. BEDNAR, Wife and Husband, whose
<br />address for purposes of notices in respect to this Deed of T'rnst is 3444 S. Stuhr Road,
<br />Grand Island, NE 68801 and is sometimes herein identified as Borrower. The Trustee is
<br />AREND R. BAACK, Attorney at Law and member of the Nebraska State Bar
<br />Association, whose address is P.O. Box 790, Grand Island, NE 68802 -0790. The
<br />Beneficiary (whether one or more) is ORVILLE O. QUALSETT and MARY K.
<br />QUALSETT, Husband and Wife, whose address for purposes of notification under this
<br />Deed of Trust is Bucktail Lake 413, Clarks, NE 68628, and is sometimes herein
<br />identified as Lender.
<br />WHEREAS, the Deed to the property herein described prior to the execution of
<br />this Deed of Trust remained in Escrow pending final payment of all sums evidenced by a
<br />Contract for Sale of Real Estate dated September 26, 1994 between the parties herein
<br />identified;
<br />WHEREAS, the Tmstor has requested that the Deed in Escrow be recorded and
<br />that this Deed of Trust be given in substitution of the security previously existing by
<br />reason of such arrangement,
<br />NOW, THEREFORE, the undersigned hereby provide:
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH
<br />POWER OF SALE, J14F. FOLLOWING:
<br />West One -Half (W 1/2) of Lot Two (2) and West One -Half (W I/2) of Lot
<br />Four (4), in Block Eleven (11), College Addition to West Lawn, City of
<br />Grand Island, Hall County, Nebraska; and
<br />The East One Hundred'Three (103) feet of Lot Fifleen (15) and the East
<br />One Hundred Three (103) feet of Lot Seventeen (17), in Block Seven (7),
<br />College Addition to West Lawn, City of Grand Island, Hall County,
<br />Nebraska; and
<br />The West Seventy (70) feet of Lot Fifteen (15) and the West Seventy (70)
<br />feet of Lot Seventeen (17) in Block Seven (7), College Addition to West
<br />Lawn, City of Grand Island, Hall County, Nebraska
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, case-
<br />ments, rights, privileges and appurtenances located thereon or in anywise pertaining
<br />thereto, and the rents, issues and profits, reversions and remainders thereof, and such
<br />personal properly that is attached to the improvements so as to constitute a fixture,
<br />including, but not limited to, heating and cooling equipment and together with the
<br />homestead or marital interests, if any, which interests we hereby released and waived, all
<br />of which, including replacements and additions thereto, is hereby declared to be a part of
<br />the real estate secured by the lien of this Deed of Trust and all of the foregoing being
<br />referred to herein as the "Property ".
<br />Borrower owes Lender the remaining principal sum of One Hundred One
<br />Thousand Fight Hundred Thirty -Eight and 42/100 Dollars ($101,838.42) together with
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made on this 16th day of January, 2002- The Truster (I
<br />(whether one or more) is GLENDA L. RATHJEN and LYNN D. RATHJEN, Wife and
<br />Husband, and TAMI BF,DNAR and THOMAS D. BEDNAR, Wife and Husband, whose
<br />address for purposes of notices in respect to this Deed of T'rnst is 3444 S. Stuhr Road,
<br />Grand Island, NE 68801 and is sometimes herein identified as Borrower. The Trustee is
<br />AREND R. BAACK, Attorney at Law and member of the Nebraska State Bar
<br />Association, whose address is P.O. Box 790, Grand Island, NE 68802 -0790. The
<br />Beneficiary (whether one or more) is ORVILLE O. QUALSETT and MARY K.
<br />QUALSETT, Husband and Wife, whose address for purposes of notification under this
<br />Deed of Trust is Bucktail Lake 413, Clarks, NE 68628, and is sometimes herein
<br />identified as Lender.
<br />WHEREAS, the Deed to the property herein described prior to the execution of
<br />this Deed of Trust remained in Escrow pending final payment of all sums evidenced by a
<br />Contract for Sale of Real Estate dated September 26, 1994 between the parties herein
<br />identified;
<br />WHEREAS, the Tmstor has requested that the Deed in Escrow be recorded and
<br />that this Deed of Trust be given in substitution of the security previously existing by
<br />reason of such arrangement,
<br />NOW, THEREFORE, the undersigned hereby provide:
<br />BORROWER IRREVOCABLY CONVEYS TO TRUSTEE, IN TRUST, WITH
<br />POWER OF SALE, J14F. FOLLOWING:
<br />West One -Half (W 1/2) of Lot Two (2) and West One -Half (W I/2) of Lot
<br />Four (4), in Block Eleven (11), College Addition to West Lawn, City of
<br />Grand Island, Hall County, Nebraska; and
<br />The East One Hundred'Three (103) feet of Lot Fifleen (15) and the East
<br />One Hundred Three (103) feet of Lot Seventeen (17), in Block Seven (7),
<br />College Addition to West Lawn, City of Grand Island, Hall County,
<br />Nebraska; and
<br />The West Seventy (70) feet of Lot Fifteen (15) and the West Seventy (70)
<br />feet of Lot Seventeen (17) in Block Seven (7), College Addition to West
<br />Lawn, City of Grand Island, Hall County, Nebraska
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, case-
<br />ments, rights, privileges and appurtenances located thereon or in anywise pertaining
<br />thereto, and the rents, issues and profits, reversions and remainders thereof, and such
<br />personal properly that is attached to the improvements so as to constitute a fixture,
<br />including, but not limited to, heating and cooling equipment and together with the
<br />homestead or marital interests, if any, which interests we hereby released and waived, all
<br />of which, including replacements and additions thereto, is hereby declared to be a part of
<br />the real estate secured by the lien of this Deed of Trust and all of the foregoing being
<br />referred to herein as the "Property ".
<br />Borrower owes Lender the remaining principal sum of One Hundred One
<br />Thousand Fight Hundred Thirty -Eight and 42/100 Dollars ($101,838.42) together with
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