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<br />1.2S87I6C GCC loan No. 86-595
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<br />100603
<br />DEED OF TRUST, SECURITY AGREEMENT
<br />AND ASSIGNMENT OF I'.ENTS
<br />THIS DEED OF TRUST, SECURITY AGREN2T AND ASSIGNMENT
<br />OF RENTS ("Deed of Trust ") mane this 23M day of January, 1987,
<br />among GARTH ` A. OTIS and ANTHONY WHEELER, whose mailing address
<br />is P.O. Box 1516, Mill Valley, California 94942, as Truster, JOSEPH.
<br />POLACK, ESQUIRE, 11213 Davenport Street, Suite 301, Omaha, Nebraska
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<br />8154, as 'Trustee, and GLDOME CREDIT CORPORATION, whose mailing
<br />address is Gol!dome Center, Two Perimeter Park South, P= 0. Box 432813,
<br />Birmingham, Alabama 35243, as Beneficiary.
<br />W I TNESSETH
<br />That Trustor irrevocably grants, transfers and assigns to Trustee
<br />in trust, with power of sale, the following described real estate located
<br />in the City of Grand Island, Hall County, Vebraska (the 'Real Estate*)!
<br />Lots 1, <, 3, 5, 6 and the Southerly I feet of .Lot "4, in
<br />Block 4, and Lots 7 and 8, in Block 3, all to Packer and
<br />Barr's Addition to the City of Gram Wand, ' Hall County,
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<br />Nebraska, together with the East half of vacates: alley
<br />adjoining .Lots 1 -, 2, 3 and the Southerly 2 feet, of Lot 4, it
<br />Block 4, or, the West, and together With the West Half of
<br />vacated alley adjoining Lots 3 and 6, Block 4, era the East,
<br />together with all interest which Truster new has or may hereafter
<br />acquire in and to said Real Estate and in and to. Ca) all easements arli
<br />rights of way appurtenant thereto anid all of the estate, right, title,
<br />interest; claim and demand whatsoever of Truster in the Real Estate,
<br />either at law . or in equity, now, or hereafter acquired; Eb) all
<br />a
<br />strucires e M ov
<br />ild n and is of ;very kirri and descripti-mi
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<br />now or at any time hereafter located or placed an the Real Estate (the
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<br />"lmproveinents '), Eel all inachirrery, appliances, apparatus, equipment
<br />and fixtures now car- hereafter located in, upon or under the Real Estate
<br />Or the Improvements. or any part thereof, and used or "saw in
<br />,.a
<br />cOnnection with any present or future operaicrni thereof; and all
<br />additions thereto and replacements therefore; (d) all articles of perso"
<br />Property and any additions to, substitutions for, changes in or'
<br />reel~ ements of the whole or any hart thereof. including. sithrrut
<br />limitation, a€I furniture and furnishings, now or at any time hereafter
<br />affixed to, attached to, placed upon or used in any way in connection
<br />with the use, enjoyment,- emupancy or operates of the Real Estate
<br />the Improvements, or any Portion thereof; and owned by the Truster or
<br />in which Trustor now has or Hereafter acquires an interest; #e) all of
<br />the rents, royalties; issues and profits of the Real Estate and the
<br />Improvements. or arising from the use or enjoyment of all or any portions
<br />thereof or from any lease, license, concession, occupancy agreeriseart +�
<br />lather agreement pertaining thereto (the 'Resits and Profits "), and all
<br />right, title and interest of Truster in and to all leases, licenses and
<br />occupancy agreements of the °Real Estate or of the Improvements now or
<br />hereafter entered into and all right, title and interest of Truster
<br />th 4vunder, including, without limitation, cash or secrsrifies deposited
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