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<br /> TRUSTEE'S DEED (J}
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<br />FIRST STATE BANK OF SHELTON, NEBRASKA, A Nebraska Banking /d.:SO
<br />Corporation, hereinafter referred to as Grantor, as Trustee under the Trust Deed
<br />hereinafter described, for valuable consideration, hereby grants and conveys to FIRST
<br />STATE BANK OF SHELTON, NEBRASKA, A Nebraska Banking Corporation,
<br />hereinafter referred to as Grantee, without any covenant or warranty, expressed or implied,
<br />all of the following described real estate:
<br />
<br />The West Half of the Northwest Quarter (WV2 NWV4) of Section Nine (9)
<br />Township Nine (9) North, Range Twelve (12) West of the 6th P.M., Hall
<br />County, Nebraska, EXCEPT that part conveyed to Hall County per Deed
<br />recorded as Document No. 92-105603 filed June 29,1992, in the Hall County
<br />Register of Deeds Office.
<br />
<br />This conveyance is made pursuant to the powers conferred by a Trust Deed with power of
<br />sale recorded on August 5, 2002, in the Register of Deeds of Hall County, Nebraska as
<br />Instrument No. 2002-08143 wherein Jim P. Harrison and Rhonda L. Harrison, husband and
<br />wife, is Trustor, and First State Bank of Shelton, Nebraska, A Nebraska Banking
<br />Corporation, is originally named Beneficiary, wherein the Trustor granted and conveyed to
<br />the Trustee, on the trust therein expressed, the property above described to secure, among
<br />other obligations, payment of the indebtedness and after the fulfillment of the conditions
<br />specified in the Trust Deed authorizing this conveyance as follows:
<br />
<br />1. Breach and default were made under the terms of the Trust Deed in the
<br />particulars set forth in the Notice of Default hereinafter referred to, which default
<br />continued until the time of the sale.
<br />
<br />2. There was filed for record on March 27, 2006, as Instrument No. 2006w02596
<br />a Notice of Default in the Register of Deeds of Hall County, Nebraska, and of election to
<br />sell the property to satisfy the obligations secured thereby and thereafter notice of the filing
<br />of the Notice of Default was sent in the statutory manner to all persons entitled to a notice
<br />thereof.
<br />
<br />3. That thereafter, the Grantor executed its Notice of Trustee's Sale, stating
<br />that it, as Trustee, would sell at public auction to the highest bidder the property
<br />hereinbefore described, fixing the time and place of the sale as July 25,2006, at 10:00 a.m.
<br />at the County Courthouse in Grand Island, Hall County, Nebraska, and caused copies of
<br />such notice to be published once a week for five consecutive weeks in the Grand Island
<br />Independent, a legal daily newspaper printed, published and of general circulation in the
<br />County of Hall Nebraska, the first date of publication was June 13, 2006, and the last date
<br />of publication was July 11, 2006; notice of such trustee sale was sent to the Trustor and all
<br />persons entitled to notice thereof in accordance with applicable law.
<br />
<br />4. All applicable statutory provisions of the State of Nebraska and the United
<br />States of America and all provisions of such Trust Deed have been complied with as to acts
<br />to be performed and notices to be given.
<br />
<br />The Trustee, at the time and place of sale fixed as aforesaid, then and there sold, at
<br />public auction, to Grantee, who was the highest bidder therefore, the property hereinbefore
<br />described for the sum of $230,000.00.
<br />
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