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FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $3,925.00, with interest thereon, as
<br />evidenced by that certain promissory note of even date (the "Note ") with a maturity date of December 31, 2007,
<br />executed by Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this reference
<br />is hereby made a part hereof, and any and all modifications, extensions and renewals thereof, and
<br />Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon
<br />at the rate of 8 % per annum, and
<br />c. The performance of Trustor's covenants and agreements.
<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 Instruments ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan
<br />Instruments.
<br />2, TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments of
<br />every kind, now or hereafter levied against the Trust Estate or any part thereof directly without notice or demand as
<br />each installment comes due and shall provide the Beneficiary with evidence of the payment of the same.
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage
<br />insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than the
<br />amount of the unpaid principal balance of the Note (co- insurance not exceeding 80% permitted). Such insurance policy
<br />shall contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable, terminable or modifiable
<br />without ten (10) days prior written notice to Beneficiary. Trustor shall furnish Beneficiary a certificate of insurance
<br />coverage at Beneficiary's request, with a provision in such certificate that the insurer shall provide Beneficiary ten (10)
<br />days advance notice of any cancellation of the policy at any time for any reason, or of expiration of policy without
<br />renewal thereof. Trustor shall promptly repair, maintain, and replace the Trust Estate or any part thereof so that,
<br />except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall theTrustor commit waste
<br />on or to the Trust Estate.
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal, state, and
<br />local environmental laws, ordinances, rules, requirements, regulations, and publications as now existing or hereafter
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<br />DEED OF TRUST cr U)
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<br />THIS DEED OF TRUST, is made as of the 300 day of June, 2005, by and among, Kerry L. Trotter
<br />and Rhonda R. Trotter, husband and wife, ( "Trustor "), whose mailing address is 1117 West 7'" Street, Grand Island,
<br />"Trustee "), is
<br />NE 68801; Gary D. Byrne, a member of the Nebraska State Bar Association ( whose mailing address
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<br />P.O. Box 929, North Platte, NE 69103 -929 and Jerome Boltz, Personal Representative of the Estate of Alma M.
<br />Abbott, ( "Beneficiary "), whose mailing address is 5 Morning Star, Clarks, NE 68628.
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<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to
<br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the
<br />terms and conditions of this Deed of Trust, the real property located in the County of Hall, State of Nebraska, and
<br />legally described as follows (the "Property "):
<br />Lot 7, Block 8, Wallich's Addition to the City of Grand Island, Hall County, Nebraska.
<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 property that may
<br />be or hereafter become an integral part of such buildings and improvements, all crops raised thereon, and all water
<br />rights.
<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 $3,925.00, with interest thereon, as
<br />evidenced by that certain promissory note of even date (the "Note ") with a maturity date of December 31, 2007,
<br />executed by Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this reference
<br />is hereby made a part hereof, and any and all modifications, extensions and renewals thereof, and
<br />Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon
<br />at the rate of 8 % per annum, and
<br />c. The performance of Trustor's covenants and agreements.
<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 Instruments ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan
<br />Instruments.
<br />2, TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments of
<br />every kind, now or hereafter levied against the Trust Estate or any part thereof directly without notice or demand as
<br />each installment comes due and shall provide the Beneficiary with evidence of the payment of the same.
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage
<br />insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than the
<br />amount of the unpaid principal balance of the Note (co- insurance not exceeding 80% permitted). Such insurance policy
<br />shall contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable, terminable or modifiable
<br />without ten (10) days prior written notice to Beneficiary. Trustor shall furnish Beneficiary a certificate of insurance
<br />coverage at Beneficiary's request, with a provision in such certificate that the insurer shall provide Beneficiary ten (10)
<br />days advance notice of any cancellation of the policy at any time for any reason, or of expiration of policy without
<br />renewal thereof. Trustor shall promptly repair, maintain, and replace the Trust Estate or any part thereof so that,
<br />except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall theTrustor commit waste
<br />on or to the Trust Estate.
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal, state, and
<br />local environmental laws, ordinances, rules, requirements, regulations, and publications as now existing or hereafter
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