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<br />88--103448 <br /> <br />DEED OF TRUST <br />(Open End Single Note) <br /> <br />This Deed of Trust is made this 24 day of June <br />19 8~ by and among John A. Honore and Nina C. Honore. Husband and <br />me ----------------------------i hereinafter referred to as <br />"Trustor, " whose mailJ.ng address is Rural Route 111. Box 433 <br />Grand Island. NE 6B801 ; Arend R. Baack <br /> <br />Attorney at Law, hereinafter refe-rred to as "Trustee," whose <br />mailing address is P. O. Box 790. Grand Island. NE 68802 ; <br />and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "Beneficiary," whose mailing address <br />is P. O. Box 1009, Grand Island, Nebraska 68802. <br /> <br />For valuable consideration, Trustor irrevocably grants, <br />transfers, conveys and assigns to Trustee, in trust, with power <br />of sale, for the benefit and security of Beneficiary, under and <br />subject to the terms and conditions of this Deed of Trust, the <br />following-described property, located in Hall County, <br />Nebraska, to-wit:. <br /> <br />~tt Al1ACHED EXHIBIT A <br /> <br />together with all buildings, improvements, fixtures, streets, <br />alleys, passagewa~s, easements, rights, privileges and appurte- <br />nances located thereon or in any way pertaining thereto, and the <br />rents, issues, profits, reversions and the remainders thereof, <br />including all such personal property that is attached to the <br />improvements so as to constitute a fixture, all of which, <br />including replacements and additions thereto, are hereby declared <br />to be a part of the real estate conveyed in trust hereby, it <br />being agreed that all of the foregoing shall be hereinafter <br />referred to as the "Property." <br /> <br />FOR THE PURPOSE OF SECURING: <br /> <br />(a) the payment of personal indebtedness owing <br />from Trustor to Beneficiary, as evidenced by a <br />Promissory Note of even date herewith in the original <br />principal amount of One Hundred Fort Seven Th nd Nine <br />Hundred Seventy Two and 58 100------------------ 147.~72 SA ) ~ <br /> <br />(b) the payment of interest at the rate or rates <br />provided in the afore-described note and the payment of <br />both principal and interest on any and all renewals, <br />modifications and extensions of such notes~ <br /> <br />(c) the payment of principal and interest on any <br />future advance as may be evidenced by promissory notes <br />stating they are secured by this Deed of Trust~ provided, <br />however, that the total principal indebtedness, not <br />including sums advanced to protect the security or <br />interest accrued, shall not exceed the sum of One Hundred <br />Forty Seven Thou rIlineHundred Seventy Two & 58/100 ($ 147.972.58 ) ~ <br /> <br />(d) the performance of each agreement and <br />covenant of Trustor herein contained~ and <br /> <br />(e) the payment of any sum or sums of money which <br />may be hereafter paid or advanced by Beneficiary under <br /> <br />-1- <br />