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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this -k day of September, 2005, by and among
<br />BECKI J. HALTS, a single person, hereinafter referred to as "Trustor ", whose mailing address is
<br />4164 Texas Ave., Grand Island, Nebraska 68803; BRANDON S. CONNICK, Attorney -at -Law,
<br />hereinafter referred to as "Trustee ", whose mailing address is P.O. Box 790, Grand Island,
<br />Nebraska 68802; and STAROSTKA GROUP UNLIMITED, INC., a Nebraska Corporation,
<br />hereinafter referred to as "Beneficiary ", whose mailing address is 429 Industrial Lane, Grand
<br />Island, Nebraska 68803.
<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
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -
<br />described property located in Hall County, Nebraska, to -wit:
<br />Lot Six (6), Block Two (2), Woodland Park First Subdivision, in the City of Grand
<br />Island, Hall County, Nebraska.
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property ".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) The performance of Trustor's rights, responsibilities and
<br />obligations under an Agreement of even date by and between the Trustor
<br />and the Beneficiary which by this reference is hereby made a part hereof.
<br />The principal amount secured by this Deed of Trust shall not exceed
<br />Ninety Thousand and No /100 Dollars ($90,000.00);
<br />(b) the performance of each agreement and covenant of Trustor
<br />herein contained; and
<br />(c) the payment of any sum or sums of money which may be
<br />hereafter paid or advanced by Beneficiary under the terms of this Deed of
<br />Trust, together with interest thereon at the rate of ten percent (10 %) per
<br />annum.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />1. Payment of Indebtedness. To perform any and all rights, responsibilities and
<br />obligations imposed on her under the aforesaid Agreement.
<br />2. Title. Trustor is the owner of the property and has the right and authority to
<br />execute this Deed of Trust in respect to the property. The Trustor warrants that the lien created
<br />by this Deed of Trust is subject to a first Deed of Trust, wherein Five Points Bank is the
<br />Beneficiary, to secure an obligation in the original principal sum of One Hundred Ninety -Nine
<br />Thousand Two Hundred and No/ 100 Dollars ($ 199,200.00).
<br />3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all
<br />other charges against the property, before the same become delinquent, and, in the event
<br />Beneficiary shall so require, to add to the payments required under the Agreement secured
<br />hereby, such amount as may be sufficient to enable Beneficiary to pay such taxes, assessments or
<br />other charges as they become due.
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this -k day of September, 2005, by and among
<br />BECKI J. HALTS, a single person, hereinafter referred to as "Trustor ", whose mailing address is
<br />4164 Texas Ave., Grand Island, Nebraska 68803; BRANDON S. CONNICK, Attorney -at -Law,
<br />hereinafter referred to as "Trustee ", whose mailing address is P.O. Box 790, Grand Island,
<br />Nebraska 68802; and STAROSTKA GROUP UNLIMITED, INC., a Nebraska Corporation,
<br />hereinafter referred to as "Beneficiary ", whose mailing address is 429 Industrial Lane, Grand
<br />Island, Nebraska 68803.
<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
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -
<br />described property located in Hall County, Nebraska, to -wit:
<br />Lot Six (6), Block Two (2), Woodland Park First Subdivision, in the City of Grand
<br />Island, Hall County, Nebraska.
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property ".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) The performance of Trustor's rights, responsibilities and
<br />obligations under an Agreement of even date by and between the Trustor
<br />and the Beneficiary which by this reference is hereby made a part hereof.
<br />The principal amount secured by this Deed of Trust shall not exceed
<br />Ninety Thousand and No /100 Dollars ($90,000.00);
<br />(b) the performance of each agreement and covenant of Trustor
<br />herein contained; and
<br />(c) the payment of any sum or sums of money which may be
<br />hereafter paid or advanced by Beneficiary under the terms of this Deed of
<br />Trust, together with interest thereon at the rate of ten percent (10 %) per
<br />annum.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />1. Payment of Indebtedness. To perform any and all rights, responsibilities and
<br />obligations imposed on her under the aforesaid Agreement.
<br />2. Title. Trustor is the owner of the property and has the right and authority to
<br />execute this Deed of Trust in respect to the property. The Trustor warrants that the lien created
<br />by this Deed of Trust is subject to a first Deed of Trust, wherein Five Points Bank is the
<br />Beneficiary, to secure an obligation in the original principal sum of One Hundred Ninety -Nine
<br />Thousand Two Hundred and No/ 100 Dollars ($ 199,200.00).
<br />3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all
<br />other charges against the property, before the same become delinquent, and, in the event
<br />Beneficiary shall so require, to add to the payments required under the Agreement secured
<br />hereby, such amount as may be sufficient to enable Beneficiary to pay such taxes, assessments or
<br />other charges as they become due.
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