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DEED OF TRUST <br />87-101387 <br />THIS DEED OF TRUST is made this 2nd day of March <br />19 87 among the Trustor, Joseph A. Sonneland and Sara W. Sonneland, husband and Wife <br />(herein "Borrower"), Fin3Tier Bank, National Association, <br />Omaha. Nebraska, (herein "Trustee "), and Beneficiary, FiriMer Bank, National Association, Omaha, Nebraskat, a <br />corporation organized and existing under the laws of The United States of America, whose address is 1700 <br />Femam Street, Omaha. Nebraska, 68102 -2183 (herein "Lender "). <br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably <br />grartts and conveys to Trustee, in trust, with power of sale. the following described property located in dw County <br />of Hall . State of Nebraska <br />A tract of land in the Northeast Quarter of the Southwest Quarter (NEkSWI) <br />of Section Thirteen (13), Township Eleven (11) North, Range Nine (9) West of <br />the 6th P.M., Hall County, Nebraska, known as #26 Kuester's Lake and also <br />known as Lots One (1), Two (2) and Three (3), situated on the West Side of <br />the West Portion of Kuester Lake and being a part of the East Half of the Southwest <br />Quarter (EiSWI) in Section Thirteen (13), Township Eleven (11), North, Range Nine <br />(9) West of the 6th P.M., Hall. County, Nebraska, being more particularly described <br />as follows: With reference to the center of said Section 13, thence running on <br />an assumed bearing of N 90 degrees 00100" W on the North Line of said NE4SWk a <br />distance of 699.12 feet, thence running S 01 degrees, 29'33" E a distance of <br />39.24 feet; thence running S 84 degrees, 49'41° W a distance of 49.45 feet to the <br />ACTUAL POINT OF BEGINNING: thence continuing S 84 degrees 49'41" W a distance of <br />183.56 feet; thence S 14 degrees 34102" E a distance of 118.93 feet; thence N 89 <br />degrees 58'27" E a distance of 59.82 feet; thence S 74 degrees 14'13" E a distance <br />of 91.35 feet; thence N 01 degrees 53'35" E a distance of 156.53 feet to the <br />POINT OF BEGINNING. <br />which has the address of #26 Kuezter's lake Grand island <br />Nebraska 68801 <br />s� — z. (herein `Property Address`); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply <br />such rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures <br />now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be <br />deemed to be and remain a part of the property covered by this Deed of Trust: and all of the foregoing, together <br />-with said nrnoedv In r thn laas hrilef o tatn if thie n—.A ..f T - -i ;- ,� a iem.,,,r,a% -_ ` _ :_ <br />-r {-_ _-- ._.- - - = =K =. a'=a =.a.=ss .., , ..0 -..� ter. a .cua.z.+rsa� zse� , rcesi rams €ed to as the <br />Property" <br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrower's note dated <br />March 2, 1987 (herein "Note "), in the principal sum of Ten thoLSand and no/lOn- <br />------------------ t s 10 - OQO 00) Dollars, with interest thereon, providing for monthly installments <br />of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on <br />March 2. 1992 ; the payment of all other sums, with interest thereon, advanced <br />in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and <br />agreements of Borrower herein contained; and all renewals, extensions and modifications thereof: and (b) the <br />repayment of any future advances, with interest in thereon, made to Borrower by lender pursuant to paragraph 21 <br />hereof (herein "Future Advances "). ;_`t' <br />BORROWER covenants That Borrower is lawfully seized of the estate hereby conveyed r>krt;y`t' ht to '- <br />grant and convey the Property, that the Property is unencumbered, and that borrower will warrant and defend <br />generally the tide to the Property against all claims and demands. subject to any declarations, easements or <br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest <br />11+ the Property <br />