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<br />88- 101042
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<br />NEI1,,-il'.-,Y'
<br />,'l:ED OF TRUST
<br />
<br />THIS DEED OF TRUST, is made as of the day of March,
<br />1988, by and among John Gericke and Pat Gericke, jointly and
<br />severally, husband and wife, ("Trustor"), whose mailing address
<br />is $;) :5 c.Jl!"$ r f!-r/JI).L' l>.' A,)l= , Grand Island,
<br />Nebraska 68801, David C. HJston,' ("Trustee"), whose mailing
<br />address is 108 North Locust Street, Post Office Bo 429, Grand
<br />Island, Nebraska 68802, and Robert J. Woestman and Jeannie
<br />Woestman, husband and vlife, ("Beneficiary") whose mailing
<br />address is 1906 South Blaine Street, Grand Island, Nebraska
<br />68801.
<br />
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers,
<br />conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE,
<br />for the benefit and security of Beneficiary, under and subject
<br />to the terms and conditions of this Deed of Trust, the real
<br />property, located in the City of Grand Island, County of Hall,
<br />State of Nebraska, and described as follows (the "Property"):
<br />
<br />The West Half (W~ ) of the North Half (N~ ) of Bloc k
<br />Thirteen (13), in Pleasant Home Subdivision, a part of
<br />the East Half of the Southeast Quarter (E~SEt) of
<br />Section Twenty-one (21), in Township Eleven (11),
<br />North, Range Nine (9), West of the 6th P. M., in Hall
<br />County, Nebraska
<br />
<br />TOGETHER WITH, a 11 rents, easements, appurtenances, here-
<br />ditaments, thereto.
<br />
<br />The Property and the entire estate and interest conveyed to
<br />the Trustee are referred to collectively as the "Trust Estate."
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness in the total principal amount
<br />of $ ,/O.()()() .DO , with interest thereon, as evidenced by that
<br />certain promissory note of even date (the "Note") with a matur-
<br />i ty date of tlre, L.. c./ "20\8 , executed by Trustor, which has been
<br />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
<br />modifications, extensions and renewals thereof, and
<br />
<br />b. Payment of all sums advanced by Beneficiary to protect
<br />the Trust Estate, with interest thereon at the highest legal
<br />rate in the State of Nebraska.
<br />
<br />This Deed of Trust, the Note, and any other instrument
<br />given to evidence or further secure the payment and performance
<br />of any obligation secured hereby are referred to collectively as
<br />the "Loan Instruments."
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