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THIS DEED OF TRUST is made as of the day of November, 2002, by and among \� <br />Charles M. Anson and Suellen K. Anson, husband and wife, ( "TRUSTOR "), whose mailing address is: <br />703 u) 7=r` , Grand Island, Nebraska 68801 and EARL D. AHLSCHW EDE, Attorney at Law, <br />('TRUSTEE "), whose mailing address is: P. O. Box 2300, Grand Island, Nebraska 68802 and ALMA L. \? <br />SPILGER, ( "BENEFICIARY "), whose mailing address is: 303 South Farmer, Apt. B -4, Brighton, Iowa <br />52540, <br />FOR VALUABLE CONSIDERATION, Truster irrevocably transfers, conveys, and assigns to <br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and <br />subject to the terms and conditions of this Deed of Trust, the real property located in the County of Hall, <br />State of Nebraska, and legally described as follows: (the "Property "): <br />A tract of land in the West Half of the Southeast Quarter (W%SE' /.), Section Four <br />(4), Township Eleven (11) North, Range Nine (9) West of the Sixth P.M., Hall <br />County, Nebraska, more particularly described as follows: Beginning at the <br />Southeast corner of the West Half of the Southeast Quarter (W "y2SE %) of said <br />Section Four; thence in a Northerly direction parallel with the East Section line of <br />Section Four, a distance of Three Hundred Seventy Three (373) feet; thence <br />Westerly and parallel to the South line of said Section Four a distance of One <br />Hundred Thirty (130) feet; thence in a Southerly direction and parallel to the East <br />line of said Section Four a distance of Three Hundred Seventy Three (373) feet; <br />thence along the South line of said Section Four a distance of One Hundred <br />Thirty (130) feet; to the point of beginning. <br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in adjoining <br />roads, streets and alleys, improvements and buildings of any kind situated thereon and all personal <br />property that may be or hereafter become an integral part of such buildings and improvements. <br />The property and the entire estate and interest conveyed to the Trustee are referred to collectively <br />as the "Trust Estate ". <br />FOR THE PURPOSE OF SECURING: <br />a. Payment of indebtedness in the total principal amount of 530,000.00, with interest thereon, as <br />evidenced by the certain Promissory Note of even date (the "Note ") with a maturity date of January 1, <br />2011, executed by Truster, which has been delivered and is payable to the order of Beneficiary, and which <br />by this reference is hereby made a part hereof, and any and all modifications, extensions and renewals <br />thereof, and, <br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon <br />at the rate of five percent (5%) per annum. <br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the <br />payment and performance of any obligation secured hereby are referred to collectively as the "Loan <br />Instruments'. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS Truster shall pay when due the principal of, and the interest <br />on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan <br />Instruments. <br />2. TAXES. Truster shall pay each installment of all taxes and special assessments of every kind, <br />now or hereafter levied against the Trust Estate or any part hereof, before delinquency, without notice or <br />D <br />T <br />m <br />m <br />m <br />o> <br />— <br />°' <br />C <br />) A <br />j! <br />N <br />� <br />to <br />W <br />ti <br />to <br />vv <br />200212776 <br />DEED OF TRUST <br />THIS DEED OF TRUST is made as of the day of November, 2002, by and among \� <br />Charles M. Anson and Suellen K. Anson, husband and wife, ( "TRUSTOR "), whose mailing address is: <br />703 u) 7=r` , Grand Island, Nebraska 68801 and EARL D. AHLSCHW EDE, Attorney at Law, <br />('TRUSTEE "), whose mailing address is: P. O. Box 2300, Grand Island, Nebraska 68802 and ALMA L. \? <br />SPILGER, ( "BENEFICIARY "), whose mailing address is: 303 South Farmer, Apt. B -4, Brighton, Iowa <br />52540, <br />FOR VALUABLE CONSIDERATION, Truster irrevocably transfers, conveys, and assigns to <br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and <br />subject to the terms and conditions of this Deed of Trust, the real property located in the County of Hall, <br />State of Nebraska, and legally described as follows: (the "Property "): <br />A tract of land in the West Half of the Southeast Quarter (W%SE' /.), Section Four <br />(4), Township Eleven (11) North, Range Nine (9) West of the Sixth P.M., Hall <br />County, Nebraska, more particularly described as follows: Beginning at the <br />Southeast corner of the West Half of the Southeast Quarter (W "y2SE %) of said <br />Section Four; thence in a Northerly direction parallel with the East Section line of <br />Section Four, a distance of Three Hundred Seventy Three (373) feet; thence <br />Westerly and parallel to the South line of said Section Four a distance of One <br />Hundred Thirty (130) feet; thence in a Southerly direction and parallel to the East <br />line of said Section Four a distance of Three Hundred Seventy Three (373) feet; <br />thence along the South line of said Section Four a distance of One Hundred <br />Thirty (130) feet; to the point of beginning. <br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in adjoining <br />roads, streets and alleys, improvements and buildings of any kind situated thereon and all personal <br />property that may be or hereafter become an integral part of such buildings and improvements. <br />The property and the entire estate and interest conveyed to the Trustee are referred to collectively <br />as the "Trust Estate ". <br />FOR THE PURPOSE OF SECURING: <br />a. Payment of indebtedness in the total principal amount of 530,000.00, with interest thereon, as <br />evidenced by the certain Promissory Note of even date (the "Note ") with a maturity date of January 1, <br />2011, executed by Truster, which has been delivered and is payable to the order of Beneficiary, and which <br />by this reference is hereby made a part hereof, and any and all modifications, extensions and renewals <br />thereof, and, <br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon <br />at the rate of five percent (5%) per annum. <br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the <br />payment and performance of any obligation secured hereby are referred to collectively as the "Loan <br />Instruments'. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS Truster shall pay when due the principal of, and the interest <br />on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan <br />Instruments. <br />2. TAXES. Truster shall pay each installment of all taxes and special assessments of every kind, <br />now or hereafter levied against the Trust Estate or any part hereof, before delinquency, without notice or <br />