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<br /> DEED OF TRUST -..J (fl
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<br />
<br />THIS DEED OF TRUST is made as of the 31 st day of March ","--,2006, by CRAIG R.
<br />EDWARDS AND TRENNA L. EDWARDS, husband a wife, ("TRUSTOR"), whose mailing address is: 224 E.
<br />Capital Ave., Grand Island, N~ 68801;
<br />
<br />and DUANE A. BURNS ("TRUSTEE"), whose mailing address is: Mayer, Burns, Ahlschwede & Koenig,
<br />P.o. Box 2300, Grand Island, NE 68802;
<br />
<br />and LYNETTE DIXSON, AS PERSONAL REPRESENTATIVE OF THE ESTATE OF BEVERLY R.
<br />POLLOCK, DECEASED, ("BENEFICIARY"), whose mailing address is: Route1,Box81A,Litchfield,NE
<br />68852.
<br />
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfer, convey, and assign to Trustee,
<br />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 City of Grand Island, County of
<br />Hall, State of Nebraska, and legally described as follows: (the "Property"):
<br />
<br />A certain part of the El/2E1/2SWlj 4 of Section Four (4), in Township Eleven (11) North,
<br />Range Nine (9) West of the 6th P.M., Hall County, Nebraska more particularly described as
<br />follows: Beginning at the Southwest corner of the E1 /2E1/2SW1/ 4 of Section 4, rmming
<br />thence North upon and along the West line of said E1/2El/2SW1/4 of said Section, 136.0
<br />feet, running thence East parallel to the South line of said Section 4,80.0 feet, running
<br />thence South parallel to the West line of said E1 /2El/2SW1/ 4 of Section 163.0 feet to a
<br />point on the South line of said Section, running thence West upon and along the South line
<br />of said Section 80.0 feet to the Actual point of beginning,
<br />
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in adjoining roads,
<br />streets and alleys, improvements and buildings of any kind situated thereon and all personal property that
<br />may be or hereafter become an integral part of such buildings and improvements.
<br />
<br />The property and the entire estate and interest conveyed to the Trustee are referred to col1ectively
<br />as the "Trust Estate".
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness in the total principal amount of $2,650.00, with interest thereon, as
<br />evidenced by that certain Promissory Note of even date (the "Note") with a maturity date of 24 months after
<br />closing, executed by Trustor, which has been delivered and is payable to the order of Beneficiary, and which
<br />by this reference is hereby made a part hereof, and any and all modifications, extensions and renewals
<br />thereof, and
<br />
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at
<br />the default rate of twelve (12%) percent per aIUlUm.
<br />
<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
<br />Instruments" .
<br />
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the interest
<br />on, the indebtedness evidenced by the Note, charges, fees and. an other sums as provided in the Loan
<br />Instruments. 1ft-,.. I
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