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DEED OF TRUST
<br />This Deed of Trust is made this 31 st day of March, 2005, by CAMS Investments, L.L.C., a
<br />Nebraska Limited Liability Company, TRUSTOR, whose address is 401 W. Pine, Doniphan, Nebraska.
<br />BENEFICIARY:
<br />Colleen Joan Kober and Robert L. Kober
<br />Karen Jeaneen Koch and Richard R. Koch
<br />Judith Rae Clinch and Jerome J. Clinch
<br />Connie Ann Kort and Larry D. Kart
<br />Jacalyn Mary Dixon and Henry Dixon
<br />c/o Karen Koch
<br />10565 N. Birch Avenue
<br />Hastings, NE 68901
<br />TRUSTEE:
<br />Michael E. Sullivan
<br />Burlington Center Suite 305
<br />747 North Burlington Avenue
<br />P.O. Box 43
<br />Hastings, NE 68902
<br />1. Conveyance. The Trustor hereby conveys, sells and warrants to the Trustee, in trust,
<br />with power of sale, the following described real estate:
<br />Lots Seven (7) and Eight (8), Block Two (2), Original Village of
<br />Doniphan, Hall County, Nebraska
<br />the intention being to convey hereby an absolute title in fee simple, together with all buildings, fixtures,
<br />improvements and appurtenances thereunto belonging.
<br />The Trustor covenants and agrees with the said Trustee and Beneficiary that it is lawfully
<br />seized of said premises; that Trustor has good, right and lawful authority to sell and convey said
<br />premises; that said premises are free and clear of all liens and encumbrances; and that Trustor will
<br />warrant and defend title to said premises unto the Trustee and its successors and assigns forever against
<br />the claims of all persons.
<br />2. Trustor's Primary Obligation: This Deed of Trust is given for the purpose of securing
<br />performance of each agreement of Trustor herein contained and the payment of One IIundred Thirty -Five
<br />Thousand Dollars ($135,000.00), upon the terms set forth in a written Promissory Note bearing even date
<br />herewith. Additionally, the Trustor acknowledges that the Beneficiary has the right to make future
<br />advances (as defined in Neb. Rev. Stat. § 79- 1002), and this Deed of Trust is given to secure the Trustor's
<br />obligation to repay any such future advances.
<br />3. Trustor's Secondary Rights and Duties: While title is vested in Trustee and until filing
<br />of Notice of Default, the Trustor shall:
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<br />DEED OF TRUST
<br />This Deed of Trust is made this 31 st day of March, 2005, by CAMS Investments, L.L.C., a
<br />Nebraska Limited Liability Company, TRUSTOR, whose address is 401 W. Pine, Doniphan, Nebraska.
<br />BENEFICIARY:
<br />Colleen Joan Kober and Robert L. Kober
<br />Karen Jeaneen Koch and Richard R. Koch
<br />Judith Rae Clinch and Jerome J. Clinch
<br />Connie Ann Kort and Larry D. Kart
<br />Jacalyn Mary Dixon and Henry Dixon
<br />c/o Karen Koch
<br />10565 N. Birch Avenue
<br />Hastings, NE 68901
<br />TRUSTEE:
<br />Michael E. Sullivan
<br />Burlington Center Suite 305
<br />747 North Burlington Avenue
<br />P.O. Box 43
<br />Hastings, NE 68902
<br />1. Conveyance. The Trustor hereby conveys, sells and warrants to the Trustee, in trust,
<br />with power of sale, the following described real estate:
<br />Lots Seven (7) and Eight (8), Block Two (2), Original Village of
<br />Doniphan, Hall County, Nebraska
<br />the intention being to convey hereby an absolute title in fee simple, together with all buildings, fixtures,
<br />improvements and appurtenances thereunto belonging.
<br />The Trustor covenants and agrees with the said Trustee and Beneficiary that it is lawfully
<br />seized of said premises; that Trustor has good, right and lawful authority to sell and convey said
<br />premises; that said premises are free and clear of all liens and encumbrances; and that Trustor will
<br />warrant and defend title to said premises unto the Trustee and its successors and assigns forever against
<br />the claims of all persons.
<br />2. Trustor's Primary Obligation: This Deed of Trust is given for the purpose of securing
<br />performance of each agreement of Trustor herein contained and the payment of One IIundred Thirty -Five
<br />Thousand Dollars ($135,000.00), upon the terms set forth in a written Promissory Note bearing even date
<br />herewith. Additionally, the Trustor acknowledges that the Beneficiary has the right to make future
<br />advances (as defined in Neb. Rev. Stat. § 79- 1002), and this Deed of Trust is given to secure the Trustor's
<br />obligation to repay any such future advances.
<br />3. Trustor's Secondary Rights and Duties: While title is vested in Trustee and until filing
<br />of Notice of Default, the Trustor shall:
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