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<br />88- 102147
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<br />NEBRASKA DEED OF TRUST
<br />
<br />THIS DEED OF TRUST, made this ;J.K1l) day of Ape., L ,A.D. 1988,
<br />by and between Jeffrey T. Romsa and wendy J. Romsa, husband and wife, of
<br />the County of Hall and state of Nebraska, hereinafter called "Trustor", and
<br />James I. Shamberq of Hall county, Nebraska, hereinafter called "Trustee",
<br />and Donald D. Mehring and Rebecca L. Mehring, husband and wife, or the
<br />survivor of them, hereinafter called "Beneficiary";
<br />
<br />WITNESSETH, That the Trustor, for good and valuable consideration,
<br />including the debt and trust hereinafter mentioned and created, and the sum
<br />of one dollar to him paid by the said Trustee, the receipt and suffi~iency
<br />of which is hereby acknowledged, does by these presents, irrevocably grant,
<br />bargain and sell, convey, assign and confirm unto the said Trustee, IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary,
<br />under and subject to the terms ~nd condition of this Deed of Trust, the
<br />following described real property situated in Hall County, Nebraska,
<br />to-wit:
<br />
<br />Lot Four (41, Block Five (5), in Kay-Dee Subdivision
<br />in part of the Southwest Quarter of the Southwest Quarter
<br />(SWISWI) of section Twenty-one (21), Township Eleven (II)
<br />North, Range Nine (9) West of the 6th P.M., in the City of
<br />Grand Island, Hall County, Nebraska.
<br />
<br />TOGETHER with and including all and singular the tenements, heredita-
<br />ments, appurtenances and privileges thereunto belonging or in anywise
<br />appertaining, whether now or hereafter acquired, which shall include,
<br />without limiting the generality of the foregoing, the following:
<br />
<br />All of the rents, issues and profits, including all rents, royalties,
<br />bonuses and benefits under any existing or future oil, gas or mineral
<br />or other leases, all easements and rights of way; all rights of
<br />homestead and homestead exemption and any surviving spouse's marital
<br />or distributive share, and all other contingent rights in and to said
<br />premises; and
<br />
<br />All fixtures, improvements, buildings, and the plumbing, heating,
<br />ventilating and lighting systems and equipment thereon; all of which
<br />shall be construed ~nd considered as affixed to and part of the real
<br />estate.
<br />
<br />All of the foregoing estate, property and interest hereby conveyed to the
<br />said Trustee is hereinafter collectively referred to as the "property".
<br />
<br />TO HAVE AND TO HOLD the same unto the said Trustee, his successors and
<br />assigns, forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly
<br />granted unto the said Trustee, his successors, and assigns for the purpose
<br />of securing:
<br />
<br />(al The payment of Trustor's just indebtedness to Beneficiary in the
<br />principal sum of Sixty Thousand Dollars ($60,000.001 for money borrowed,
<br />with interest thereon, all as evidenced by and in strict accordance with
<br />the terms of that certain promissory note, hereinafter called the "Note",
<br />bearing even date herewith made payable to the order of Beneficiary,
<br />executed by Jeffrey T. Romsa and wendy J. Romsa, husband and wife, and
<br />providing for the payment of said indebtedness in installments, subject to
<br />acceleration of maturity on default in the payment of any installment of
<br />principal or interest or in the performance of any covenant, agreement or
<br />warranty contained in this Deed of Trust;
<br />
<br />(b) The performance of each agreement, covenant and warranty of
<br />Trustor herein contained or set forth in the Note or any agreement or
<br />instrument executed by Trustor in connection with the indebtedness hereby
<br />secured, and
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<br />(c) The payment of any sum or sums of money with interest thereon
<br />which may be hereafter paid cr advanced under the terms of this Deed of
<br />Trust.
<br />
<br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST, Trustor
<br />does for himself/herself and for Trustor's heirs. representatives, vendeps,
<br />
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