|
<br />88_ 105346
<br />
<br />TRUSTORS' WRITTEN ACKNOWLEDGMENT
<br />
<br />The undersigned, Dale E. Billings and Janet K. Billings, husband and
<br />wife, hereby certify and acknowledge that, before signing and executing the
<br />below Deed of Trust, they did read and sign this Written Acknowledgment
<br />and, by virtue hereof, the undersigned understand, and understood before
<br />signing said Deed of Trust, that said Deed of Trust is a Trust Deed and not
<br />a mortgage and that the power of sale provided in said Deed of Trust
<br />provides substantially different rights and obligations to the undersigned
<br />than a mortgage in the event of a default or breach ~f obligation under the
<br />said Trust Deed, including, but not limited to, the Beneficiary's right to
<br />have the Real Property sold by the Trustee without any judicial proceeding
<br />or foreclosure. The undersigned represent and warrant that this Written
<br />Acknowledgment was executed by them before the execution of the Trust Deed.
<br />This Written Acknowledgment is appended as a preface to and made a part of
<br />the below Deed of Trust.
<br />
<br />[;ri( tJ,{Z/i?;.
<br />DALE E. BILLINGS, RUSTOR
<br />
<br />
<br />STATE OF NEBRASKA
<br />
<br />SS:
<br />
<br />COUNTY OF HALL
<br />
<br />The foregoing instrument as acknowledged before me on ~~
<br />.11.) 1988, by Dale E. B~l1ings anCi Janet K. Billilfigs, us and
<br />and w~fe.
<br />
<br />J:- -.........
<br />LAVO_ L tIUIWI
<br />II r-.IIJ .. 7. lIl1
<br />
<br />/:" ~ J
<br />VL(~~?~7'..e / '- !~a-z,J
<br />
<br />, Notary publkc
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST, made this .fO~ day of ~~ A.D. 19BB,
<br />by and between Dale E. Billings and Janet K. Billings usband and wife, of
<br />the County of Hall and State of Nebraska, hereinafter called "Trustors",
<br />and James I. Shamberg of Hall County, Nebraska, hereinafter called
<br />"Trustee", and Charles W. Winter and Lenore A. winter, husband and wife, as
<br />joint tenants and not as tenants in common, whose address is 2329 North
<br />Wheeler Avenue, Grand Island, NE 68BOl, hereinafter called "Beneficiary",
<br />
<br />WITNESSETH, That the Trustors, for good and valuable consideration,
<br />including the debt and trust hereinafter mentioned and created, and the sum
<br />of one dollar to them paid by the said Trustee, the receipt and sufficiency
<br />of which is hereby acknowledged, do 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 and condition of this Deed of Trust, the
<br />following described real property situated in Hall County, Nebraska,
<br />to-wit:
<br />
<br />A tract of land comprising a part of the Southwest Quarter (swll of
<br />Section 11, Township 12 North, Range 9 West of the 6th P.M., Hall
<br />County, Nebraska, said tract being more particularly described as
<br />follows: with reference to the NW corner of said swl (the West 1
<br />corner); thence running on an assumed bearing of S OooOO'OO"E on the
<br />west line of said swl for a distance of l6S.00 feet to the actual
<br />POINT OF BEGINNING; thence continuing 5 OooOO'OO"E on the West line of
<br />said swl for a distance of llS6.99 feet, thence N 870S9'Ol"E for
<br />l3B6.29 feet, thence S 02000'S9"E for 214.00 feet, thence N 870l0'46"E
<br />for 226.87 feet; thence 5 02053'36"E for l36.44 feet, thence
<br />N 3703l'07"E for 2l2.92 feet, thence 5 4loS8'l9"E for 80.2l feet,
<br />thence N 57023'OS"E for 42.90 feet, thence N 2l00S'l4"E for 123.25
<br />Feet, thence N 06053'lO"W for 463.l4 feet, thence N 8203J'l4"E for
<br />369.16 feet, thence N 63"S3'56uE for l81.25 feet, thence N OS"S4'S)"E
<br />for 214.91 feet; thence N 22"47'J8"E for 87.45 feet; thence
<br />
|