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<br />
<br />DEED OF TRUST
<br />
<br />3 0.5 ()
<br />THIS DEED OF TRUST is made this 29th day of August ,2007, by and among
<br />DEBBIE NGO and T. LUU TRUNG, wife and husband, herein referred to as "Trustor", whose
<br />mailing address is 1021 South Locust, Grand Island, Nebraska 68801; BRANDON S.
<br />CONNICK, hereinafter referred to as "Trustee", whose mailing address is P.O. Box 790, Grand
<br />Island, Nebraska 68802; and COMPETITIVE MORTGAGE, INe., a Nebraska Corporation,
<br />hereinafter referred to as "Beneficiary", whose mailing address is 3421 W. State Street, Plaza 4,
<br />Grand Island, NE 68803.
<br />
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following-
<br />described property located in the County of Hall, Nebraska, to-wit:
<br />
<br />The North Fifty-eight and Three Tenths (58.3) feet of the West One Half (W~) of
<br />Lot Three (3) of Vantine's Subdivision located on a part of the Northwest Quarter
<br />(NW~) of Section Twenty-two (22), Township Eleven (11) North, Range Nine
<br />(9) West of the 6th P.M., Hall County, Nebraska,
<br />
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it 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 indebtedness evidenced by Trustor's note dated August 29, 2007
<br />in the principal sum of THIRTY-SEVEN THOUSAND EIGHT HUNDRED AND NO/I 00
<br />DOLLARS ($37,800.00), together with interest at the rate provided therein, or the principal and
<br />interest on any future advance not to exceed the total principal sum initially secured hereby as
<br />evidenced by promissory notes stating they are secured hereby, and any and all renewals,
<br />modifications and extensions of such notes, both principal and interest on the notes being
<br />payable in accordance with the terms set forth therein, which by this reference is hereby made a
<br />part hereof;
<br />
<br />(b) the performance of each agreement and covenant of Trustor herein contained; and
<br />
<br />(c) the payment of any sum or sums of money which may be hereafter paid or
<br />advanced by Beneficiary under the terms ofthis Deed of Trust, together with interest thereon at
<br />the rate provided in the note.
<br />
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on,
<br />the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
<br />
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