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88-104714 DEED OF TRUST -# This Deed of Trust is made this ~t:- day of ~ ' 1988, by and among ROBERT D. HOLLY a~ORES M. HOL ,husband and wife, each in his and her own right and as spouse of the other, hereinafter referred to as "Trustor," whose mailing address is 1803 South Arthur, Grand Island, Nebraska 688031 BRUCE I. SMITH, Attorney at Law, hereinafter referred to as "Trustee," whose mailing address is P. O. Box 790, Grand Island, Nebraska 68802; and ETHELYN ELLIS WILCOX, hereinafter r~ferred~ to as "Beneficiary," whose mailing address is ~DD;A fAJ../f &/<'trt... -=T:lff',I, ~/"'.r C';./;rJe r~.y.z. For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the following-described property, located in Hall County, Nebraska, to-wit: A tract of land located in the Southeast Quarter of the Southeast Quarter (SEiSEi) of See-tion Twenty (20), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska. more particularly described as follows: Beginning at the southeast corner of said Section Twenty (20), thence northerly along and upon the East line of said Section Twenty (201 a distance of 518.0 feet to the actual place of beginning, thence continuing northerly along the and upon the eaott line of said Section Twenty (20) a distance of 110.0 feet, thence running westerly along the and upon the south line of Bel Aire Addition to the City of Grand Island, Nebraska, a distance of 115.0 feet, thence running southerly and parallel to the east line of said Section Twenty (201 a distance of 107.69 feet, thence running easterly along and upon a line 518 feet northerly and parallel to the south line of said Section Twenty (20) a distance of 115.0 feet to the actual place of beginning; together with all tenements, hereditaments and appurtenances thereto belonging. FOR THE PURPOSE OF SECURING: (al the payment of indebtedness evidenced by Trustor's Note of even date herewith in the principal amount of Thirty-Eight Thousand and No/IOO Dollars ($38,000.00), together with interest at the rate or rates provided therein, or the principal and interest on any future advance as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifications and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereofr -1-