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<br /> DEED OF TRUST
<br />
<br />
<br />
<br />THIS DEED OF TRUST is made this 2.0 day of ~05, by and among Robert Peters
<br />and Jolene Peters, husband and wife, hereinafter referred to as "Trustor", whose mailing address is
<br />2~SR I\J. /3t>#-(12,1, (],,'rn , Nebraska; GALEN E. STEHLIK, Attorney at Law, hereinafter
<br />referred to as "Trustee," whose address is 724 W. Koenig Street, Grand Island, NE 68801; and Opal
<br />A. Nester, formerly Opal A. Eggers, and William Terrence Nester, whose mailing address is 2417
<br />Apace Road, Grand Island, Nebraska, 'Beneficiary.
<br />
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<br />
<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 ofthis Deed of Trust, the following-described property, located in Hall
<br />County, Nebraska:
<br />
<br />The South Half of the Northeast Quarter (S1I2NE1I4) of Section Six (6), Township
<br />Eleven (11), Range Eleven (11), West of the 6th P.M., Hall County, Nebraska,
<br />containing 77.47 acres, more or less;
<br />
<br />Lot One (1), Eggers-Nester Subdivision;
<br />
<br />The North Half of the Northeast Quarter of Section (6), Township Eleven (11),
<br />Range Eleven (11), West ofthe 6th P.M., Hall County, Nebraska.
<br />
<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 />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date
<br />herewith in the principal sum of Three Hundred Forty-six Thousand Six Hundred
<br />Sixty-seven Dollars ($346,667.00), together with interest (if any) at the rate or rates
<br />provided therein, and any and all renewals, modifications and extensions of such
<br />notes;
<br />
<br />(b) the performance of each agreement and covenant of Trustor herein
<br />contained; and
<br />
<br />(c) the payment of any sum or sums of money which may be hereafter paid
<br />or advanced by Beneficiary under the terms of this Deed of Trust, together with
<br />interest thereon at the rate provided in the note.
<br />
<br />To protect the security ofthis Deed of Trust, Trustor hereby covenants and agrees as follows:
<br />
<br />1. Payment of Indebtedness. To pay when due, the principal of, and (if applicable) the
<br />interest on, the indebtedness evidenced by the note, charges, fees and all other sums as provided in
<br />the loan instruments.
<br />
<br />2. Title. Trustor is the owner ofthe property and has the right and authority to execute this
<br />Deed of Trust in respect to the property.
<br />
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