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DEED OF TRUST
<br />THIS DEED OF TRUST is made this 15th day of September, 2004, by and among Douglas
<br />A. Gatto and Rebecca S. Gatto, husband and wife, hereinafter referred to as "Trustor ", whoseo
<br />mailing address is 614 Roush Lane, Grand Island, Nebraska; GALEN E. STEHLIK, Attorney at Law,
<br />hereinafter referred to as "Trustee," whose address is 724 West Koenig Street, Grand Island, NE
<br />68801; and Nitzel and Company, whose mailing address is 112 W. 4th Street, Grand Island,
<br />Nebraska 68801, Beneficiary.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject
<br />to the terms and conditions of this Deed of Trust, the following- described property, located in Hall
<br />County, Nebraska:
<br />Lots One (1) and Two (2), Block One (1), Roush Subdivision, Grand Island, Hall
<br />County, Nebraska,
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights,
<br />privileges and appurtenances located thereon or in any way pertaining thereto, and the rents, issues,
<br />profits, reversions and the remainders thereof, including all such personal property that is attached
<br />to the improvements so as to constitute a fixture, all of which, including replacements and additions
<br />thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed
<br />that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date
<br />herewith in the principal sum of Seventy -five Thousand Dollars
<br />($75,000.00),together with interest at the rate or rates provided therein, or the
<br />principal and interest on any future advance as evidenced by promissory notes stating
<br />they are secured hereby, and any and all renewals, modifications and extensions of
<br />such notes, both principal and interest on the notes being payable in accordance with
<br />Page 1 of 7
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this 15th day of September, 2004, by and among Douglas
<br />A. Gatto and Rebecca S. Gatto, husband and wife, hereinafter referred to as "Trustor ", whoseo
<br />mailing address is 614 Roush Lane, Grand Island, Nebraska; GALEN E. STEHLIK, Attorney at Law,
<br />hereinafter referred to as "Trustee," whose address is 724 West Koenig Street, Grand Island, NE
<br />68801; and Nitzel and Company, whose mailing address is 112 W. 4th Street, Grand Island,
<br />Nebraska 68801, Beneficiary.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject
<br />to the terms and conditions of this Deed of Trust, the following- described property, located in Hall
<br />County, Nebraska:
<br />Lots One (1) and Two (2), Block One (1), Roush Subdivision, Grand Island, Hall
<br />County, Nebraska,
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights,
<br />privileges and appurtenances located thereon or in any way pertaining thereto, and the rents, issues,
<br />profits, reversions and the remainders thereof, including all such personal property that is attached
<br />to the improvements so as to constitute a fixture, all of which, including replacements and additions
<br />thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed
<br />that all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date
<br />herewith in the principal sum of Seventy -five Thousand Dollars
<br />($75,000.00),together with interest at the rate or rates provided therein, or the
<br />principal and interest on any future advance as evidenced by promissory notes stating
<br />they are secured hereby, and any and all renewals, modifications and extensions of
<br />such notes, both principal and interest on the notes being payable in accordance with
<br />Page 1 of 7
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