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WHEN RECORDED MAIL TO: <br />I Fraud Crash Beak a branch of Simmons Cuuo(y <br />aan <br />St Paul <br />PO Box xis <br />DEED OF TRUST <br />_7u_ C_ <br />THIS DEED OF TRUST is dated June 25, 2002, among Patrick J. Connelly, whose address is 318 E. Oak, <br />Datmebrog, NE 68831; Eugene A. Connelly, whose address is 318 E. Oak, Dannebrng, SHE 68831; Micheal �e <br />B. Connelly, whose address is 318 E. Oak, Dmmehroll, NE 61 and Edward P. Connelly, whose address <br />is 318 E. Oak, Dannehrol NE 68831; in equal shares, and as tenants in common CrTruslorsi Ilowird <br />County Bank a branch of Sherman County Book, whose address is St Pat P(3 Box 84, SL Fif NE 68893 <br />(referred to below sometimes as "Lender" and sometimes sa "Heneforary "); and Sherman County Bank, <br />whose address is PO Box 543, Loup City, NE 68853 (referred to below as "Trustee'). <br />CONVEYANCE AND GRANT. For valuable consideration, 1'wbf chanxiW Treetns is fare, WITH POWER OF SALE, for We bwMR of <br />Ixntlor As nmefiwry, all of Trusters right, bile, and Interest In and to the followed daremeed real property, together with all amended or <br />seasons ly ar ered or affixed buildings, improvements and fixtures; all ea rents, Lady of way, and elemental all water, water rights and <br />ditch name (including stock in utilities with ditch or lrrlgafon rights); and all other rights , royalties, and profits main to the real popery, including <br />wander fmltatlon all minerals, oil, gas, geothermal and similar maters, (the Real Property") located in 6gta11 County, State of <br />Nebraska: <br />The South Forty -Six (") Feet of LW Fnur (4), in Bleak Sixteen (16), in Schrff's Addition to West Lawn, in <br />the City of Grand island, hall County, Nebraska and also the South Forty -Six (46) Feel of Lot Two (2), of <br />the Subdivision of Lots 280, 281 and 282 in West Lawn, in the City of Grand Island, Hold County, <br />Nebraska, <br />The Real Property or its address is contrast known as 1829 N. Lafayette, Grand lsland, NE 68801. <br />REVOLVING FIND OF CREDIT. Specifically, in askew to the amemu SgclRed To Wa Indel retlnea de' m, And author 1 ant Enter, <br />Was Dust of YNCI wares a revolving line of coal wake obliCarR Leader to make odveMPo W norrowR W loft as Borrower <br />consisted with all the Ideas of We Note. <br />Lessor presently esters to Lender (also known as Bonoteiary in this Deed of Tnsst) all of Tru ors right, title, end Floret In and 10 all present <br />and future leases of the properly and all Rents from the Property. In eddNOq Trustor grants to Lender a Undone Comnsidel Code securn <br />Interest In the. personal property and Rent. <br />THIS DEED pY TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN 90 SECURE (A) PAYMENT OF THE INDEBTEDNL9 AND (D) PERYORMANCE OF ANY AND ALL OBLIGATIONS <br />USHER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE MLW W .NG TERK4 <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that )a) this Deed of Trust Is executed at Borrowers request and not <br />at the request of Lender, Ed Truster has the kit power, right and authority to enter Into this David of Trust and to hypothecate and Reform, (c) <br />the provisions of this Deed of Trust do not sooner wit, or result In a default under any tenderfeet or other marre meM binding upon TWstor and <br />do not result in a violation of any law, regulallon, court decree or order applicable W Trul (d)Tmstor has establesta d adequate means of <br />obtaining from Borrower on a ling bests information about Bormfor's financial donations and (a) Lender has made no repnosearmfon to <br />motor <br />TmetoY about EOrmWBY (Including without llmlWllon to credawofM1lneso of Borrower). <br />TRUS'TOR'S WAIVERS. Trusbr wolves all ni on defenses arising by reason of any "one aClon" or "antl- deflolert law, or any other law <br />which may prevent Lender from bringing any action against Tenser, Including a Gelm for deficiency to the extent Lender is otherwise enifted to a <br />claim for dehdency, before or after Lenders mmmoncomant or completion of any material acres, either judicially or by rhea a of a power of <br />sale <br />PAYMENT AND PERFORMANCE. Except as otherwise provided In this Deed of Trust, Borrower snail pay to Lender all Indebtedness secured by <br />for n <br />olt <br />c <br />i <br />m <br />A <br />(D1 Z I <br />m <br />an <br />N <br />O <br />6 <br />4 <br />r <br />H <br />S <br />(p <br />N <br />'c <br />O <br />70 <br />� <br />J <br />bar <br />~ <br />do <br />O <br />WHEN RECORDED MAIL TO: <br />I Fraud Crash Beak a branch of Simmons Cuuo(y <br />aan <br />St Paul <br />PO Box xis <br />DEED OF TRUST <br />_7u_ C_ <br />THIS DEED OF TRUST is dated June 25, 2002, among Patrick J. Connelly, whose address is 318 E. Oak, <br />Datmebrog, NE 68831; Eugene A. Connelly, whose address is 318 E. Oak, Dannebrng, SHE 68831; Micheal �e <br />B. Connelly, whose address is 318 E. Oak, Dmmehroll, NE 61 and Edward P. Connelly, whose address <br />is 318 E. Oak, Dannehrol NE 68831; in equal shares, and as tenants in common CrTruslorsi Ilowird <br />County Bank a branch of Sherman County Book, whose address is St Pat P(3 Box 84, SL Fif NE 68893 <br />(referred to below sometimes as "Lender" and sometimes sa "Heneforary "); and Sherman County Bank, <br />whose address is PO Box 543, Loup City, NE 68853 (referred to below as "Trustee'). <br />CONVEYANCE AND GRANT. For valuable consideration, 1'wbf chanxiW Treetns is fare, WITH POWER OF SALE, for We bwMR of <br />Ixntlor As nmefiwry, all of Trusters right, bile, and Interest In and to the followed daremeed real property, together with all amended or <br />seasons ly ar ered or affixed buildings, improvements and fixtures; all ea rents, Lady of way, and elemental all water, water rights and <br />ditch name (including stock in utilities with ditch or lrrlgafon rights); and all other rights , royalties, and profits main to the real popery, including <br />wander fmltatlon all minerals, oil, gas, geothermal and similar maters, (the Real Property") located in 6gta11 County, State of <br />Nebraska: <br />The South Forty -Six (") Feet of LW Fnur (4), in Bleak Sixteen (16), in Schrff's Addition to West Lawn, in <br />the City of Grand island, hall County, Nebraska and also the South Forty -Six (46) Feel of Lot Two (2), of <br />the Subdivision of Lots 280, 281 and 282 in West Lawn, in the City of Grand Island, Hold County, <br />Nebraska, <br />The Real Property or its address is contrast known as 1829 N. Lafayette, Grand lsland, NE 68801. <br />REVOLVING FIND OF CREDIT. Specifically, in askew to the amemu SgclRed To Wa Indel retlnea de' m, And author 1 ant Enter, <br />Was Dust of YNCI wares a revolving line of coal wake obliCarR Leader to make odveMPo W norrowR W loft as Borrower <br />consisted with all the Ideas of We Note. <br />Lessor presently esters to Lender (also known as Bonoteiary in this Deed of Tnsst) all of Tru ors right, title, end Floret In and 10 all present <br />and future leases of the properly and all Rents from the Property. In eddNOq Trustor grants to Lender a Undone Comnsidel Code securn <br />Interest In the. personal property and Rent. <br />THIS DEED pY TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN 90 SECURE (A) PAYMENT OF THE INDEBTEDNL9 AND (D) PERYORMANCE OF ANY AND ALL OBLIGATIONS <br />USHER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE MLW W .NG TERK4 <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that )a) this Deed of Trust Is executed at Borrowers request and not <br />at the request of Lender, Ed Truster has the kit power, right and authority to enter Into this David of Trust and to hypothecate and Reform, (c) <br />the provisions of this Deed of Trust do not sooner wit, or result In a default under any tenderfeet or other marre meM binding upon TWstor and <br />do not result in a violation of any law, regulallon, court decree or order applicable W Trul (d)Tmstor has establesta d adequate means of <br />obtaining from Borrower on a ling bests information about Bormfor's financial donations and (a) Lender has made no repnosearmfon to <br />motor <br />TmetoY about EOrmWBY (Including without llmlWllon to credawofM1lneso of Borrower). <br />TRUS'TOR'S WAIVERS. Trusbr wolves all ni on defenses arising by reason of any "one aClon" or "antl- deflolert law, or any other law <br />which may prevent Lender from bringing any action against Tenser, Including a Gelm for deficiency to the extent Lender is otherwise enifted to a <br />claim for dehdency, before or after Lenders mmmoncomant or completion of any material acres, either judicially or by rhea a of a power of <br />sale <br />PAYMENT AND PERFORMANCE. Except as otherwise provided In this Deed of Trust, Borrower snail pay to Lender all Indebtedness secured by <br />