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WITH POWER OF SALE
<br />THIS DEED OF TRUST is made on this 0 0-lay of October, 2003. The Trustor is
<br />Randy Carmichael, a single person, and Ronda Uldrich, a single person. The Trustee is Gregory
<br />M. Neuhaus. The Beneficiary is Robert D. Horky and Christy J. Horky, husband and wife. The
<br />Beneficiary's address is 205 S Cedar Street, Suite 150, Grand Island, Nebraska. Trustor
<br />irrevocably conveys to Trustee, in Trust, with power of sale, the following:
<br />North One -Half of the South One -Half of the North One -Half of the Southeast Quarter of
<br />the Northeast Quarter ( N '/2, S ' /2, N ' /z, SE ' /a, NE ' /a) of Section Four (4), Township
<br />Eleven (11) North Range Nine (9) West of the 6`h PM, Hall County, Nebraska
<br />Together with all the rents and profits therefrom and subject to easements and restrictions
<br />of record, if any.
<br />Trustor owes Beneficiary Eighty -Four Thousand Two Hundred Dollars ($84,200.00),
<br />evidenced by Trustor's note of even date, payable to the terms thereof.
<br />This Security Instrument secures to Beneficiary the Debt evidenced by said note, the
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the
<br />security and the performancy of Trustor's covenants and agreements.
<br />Trustor covenants that Trustor is lawfully seised by such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons. Trustor has given Union Bank & Trust Company
<br />a Deed of Trust which has priority over this Deed of Trust.
<br />TRUSTOR AND BENEFICIARY AGREE AS FOLLOWS:
<br />1. Trustor shall pay when due, the principal and interest as provided in said note.
<br />2. All payments received by Beneficiary shall be first applied to advances, which
<br />may have been made by Beneficiary and then to interest due and last to principle due.
<br />3. Trustor shall pay all general real estate taxes and special assessments against the
<br />property before the same become delinquent.
<br />4. If Beneficiary determines that any part of the property is subject to a lien, other
<br />than to Union Bank & Trust Company which is or may attain priority over this security
<br />instrument, Beneficiary may give Trustor a notice identifying the lien and Trustor shall satisfy
<br />the lien within ten (10) days.
<br />5. Buyer shall keep the improvements on said premises insured against loss by fire
<br />and hazards included within the term "extended coverage" for their insurable value and policies
<br />for the same shall include a standard mortgage clause showing Beneficiary herein. In event of
<br />loss, Beneficiary may make proof of loss if not promptly made by Trustor. Insurance proceeds
<br />shall be applied to restoration or repair of the property damaged, unless both parties otherwise
<br />agree, except if proceeds shall be paid on the debt herein, whether or not then due.
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<br />DEED OF TRUST
<br />200314319
<br />WITH POWER OF SALE
<br />THIS DEED OF TRUST is made on this 0 0-lay of October, 2003. The Trustor is
<br />Randy Carmichael, a single person, and Ronda Uldrich, a single person. The Trustee is Gregory
<br />M. Neuhaus. The Beneficiary is Robert D. Horky and Christy J. Horky, husband and wife. The
<br />Beneficiary's address is 205 S Cedar Street, Suite 150, Grand Island, Nebraska. Trustor
<br />irrevocably conveys to Trustee, in Trust, with power of sale, the following:
<br />North One -Half of the South One -Half of the North One -Half of the Southeast Quarter of
<br />the Northeast Quarter ( N '/2, S ' /2, N ' /z, SE ' /a, NE ' /a) of Section Four (4), Township
<br />Eleven (11) North Range Nine (9) West of the 6`h PM, Hall County, Nebraska
<br />Together with all the rents and profits therefrom and subject to easements and restrictions
<br />of record, if any.
<br />Trustor owes Beneficiary Eighty -Four Thousand Two Hundred Dollars ($84,200.00),
<br />evidenced by Trustor's note of even date, payable to the terms thereof.
<br />This Security Instrument secures to Beneficiary the Debt evidenced by said note, the
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the
<br />security and the performancy of Trustor's covenants and agreements.
<br />Trustor covenants that Trustor is lawfully seised by such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons. Trustor has given Union Bank & Trust Company
<br />a Deed of Trust which has priority over this Deed of Trust.
<br />TRUSTOR AND BENEFICIARY AGREE AS FOLLOWS:
<br />1. Trustor shall pay when due, the principal and interest as provided in said note.
<br />2. All payments received by Beneficiary shall be first applied to advances, which
<br />may have been made by Beneficiary and then to interest due and last to principle due.
<br />3. Trustor shall pay all general real estate taxes and special assessments against the
<br />property before the same become delinquent.
<br />4. If Beneficiary determines that any part of the property is subject to a lien, other
<br />than to Union Bank & Trust Company which is or may attain priority over this security
<br />instrument, Beneficiary may give Trustor a notice identifying the lien and Trustor shall satisfy
<br />the lien within ten (10) days.
<br />5. Buyer shall keep the improvements on said premises insured against loss by fire
<br />and hazards included within the term "extended coverage" for their insurable value and policies
<br />for the same shall include a standard mortgage clause showing Beneficiary herein. In event of
<br />loss, Beneficiary may make proof of loss if not promptly made by Trustor. Insurance proceeds
<br />shall be applied to restoration or repair of the property damaged, unless both parties otherwise
<br />agree, except if proceeds shall be paid on the debt herein, whether or not then due.
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