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<br /> ;0 ~~<: <br /> m <br /> fa "'" <br /> c: <br /> no Z n:z: <br /> =-' c '" <br /> 6; ~~ !{' .-.:0 o(J) <br />I\J {")CIl g 0-1 <br />S ~:J: )..J c.n c:~ <br />s I (j', >f-- :z :z:-l <br />0'1 ~~ = -IlTI <br />....... c:: -<0 <br />....... 1]\ 0"'" <br />....... <br />w () (,0 ""'z <br />CD ....,., ~ ::r:lTI <br /> 0 -'0 }:>-o;J <br /> rn l r;r:l <br /> m ::3 ,:t>- <br /> o (J) <br /> (J) c..3 ;:0:;: <br /> ~ <br /> c....a -- <br /> w U'I <br /> (I) <br /> DEED OF TRUST <br /> <br /> <br /> <br />~i <br /> <br />oir: <br />::1 <br />:i <br />cD2 <br />o <br /> <br />~ ;<.S' Ie; 0 <br /> <br />THIS DEED OF TRUST is made as of the 3rd day of _November, 2005, by and among <br />James M Bennett and Sharon A. Bennett, husband and wife, whose mailing address is _2507 <br />Riverside Drive, Grand Island, NE. 68801 ("Trustors"), and Thomas C. Huston, an attorney at <br />law licensed to practice in the State of Nebraska, whose mailing address is 1900 U.S. Bank <br />Building, 233 South 13th Street, Lincoln, Nebraska 68508 ("Trustee"), and Little B's Corporation, <br />a Nebraska corporation, having an address of 4444 W. 13th Street, Grand Island, NE. 68803 <br />("Beneficiary"). <br /> <br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and <br />assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under <br />and subject to the terms and conditions of this Deed of Trust, the real property located in Hall <br />County, Nebraska, and legally described as follows: <br /> <br />Lot 2, Block 3, Summerfield Estates 4th Subdivision to the City <br />of Grand Island, Hall County, Nebraska, <br /> <br />together with all rents, easements, appurtenances, hereditaments, interest in adjoining roads, <br />streets, alleys, improvements, buildings of any kind situated thereon, and all personal property <br />that may be or hereafter become an integral part of such buildings and improvements, all crops <br />raised thereon, and all water and mineral rights. <br /> <br />The Property and the entire estate and interest conveyed to the Trustee are referred to <br />collectively as the "Trust Estate". <br /> <br />For the purpose of securing: <br /> <br />(a) The payment of indebtedness in the total principal amount of <br />Thirty-Four Thousand Five Hundred Dollars ($34,500.00), as <br />evidenced by that certain promissory note of even date herewith <br />(the "Note") executed by Trustor, which has been delivered and is <br />payable to the order of Beneficiary, and which by this reference is <br />hereby made a part hereof, and any and all modifications, <br />extensions, and renewals thereof; and <br /> <br />(b) Payment of all sums advanced by Beneficiary to protect the Trust <br />Estate, with interest thereon at the default rate provided in the <br />Note. <br /> <br />(c) Performance of all of Trustor's obligations under the Purchase <br />Agreement entered into by and between Trustee and Beneficiary <br />and dated as of the 3rd day of November, 2005 (the "Purchase <br />Agreement"). <br /> <br />This Deed of Trust, the Note, the Guaranty Agreement of even date herewith, and any <br />other instrument given to evidence or further secure the payment and performance of any <br />obligation secured hereby are referred to collectively as the "Loan Instruments". <br /> <br />To protect the security of this deed of trust: <br /> <br />2. Payment of Indebtedness: Covenant of Title. <br /> <br />(a) Trustor shall pay when due the prinCipal of, and the interest on, <br />the indebtedness evidenced by the Note, charges, fees, and all <br />the sums as provided in the Loan Instruments. <br /> <br />{L05502621 } <br />