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87® 101576
<br />DEED OF TRUST
<br />THIS DEED OF TRUST, is made as of the 2,0 day of March �
<br />19 87 by and among
<br />RICHARD E. POTTER and MARCEE M. POTTER, husband and wife,
<br />,
<br />whose mailing address is 122 Cherokee Avenue, ( "Trustor ")
<br />Grand Island, Nebraska 68801
<br />RUDOLF F. PLATE, Licensed Real Estate Broker in Nebraska,
<br />whose mailing address is 2514 South Locust street, ( "Trustee "):
<br />Grand Island, Nebraska 68801
<br />GARY G. HAMPTON and JUDY C. HAMPTON, husband and wife as joint tenants,
<br />and ( "Beneficiary "),
<br />whose mailing address is Box 172
<br />Phillips, NE. 68865
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, con -
<br />veys, and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the
<br />benefit and security of Beneficiary, under and subject to the terms
<br />and conditions of this Deed of Trust, the real property located in
<br />the City of Grand Island , County of ,
<br />State of Nebraska, and legally described as follows the "Property "):
<br />Lot Six (6), Block Two (2), Dale Roush Subdivision,
<br />Hall County, Nebraska.
<br />TOGETHER WITH, all rents, easements, appurtenances, heredita-
<br />ments, interests in adjoining roads, streets and alleys, improvements
<br />and buildings of any kind situated thereon and all personal property
<br />that maybe or hereafter become an integral part of such buildings
<br />and improvements.
<br />The Property and the entire estate and interest conveyed to
<br />the Trustee are referred to collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of
<br />8,900.00 , with interest thereon, as evidenced by that
<br />certaiK414ivrea ory note of even date (the "Note ") with a maturity
<br />L date d , executed by Trustor, which
<br />has and is paya ble to the order of Beneficiary, and
<br />which by this reference is hereby made a part hereof, and any and
<br />all modifications, extensions and renewals thereof, and
<br />b. Payment of all sums advanced by Beneficiary to protect the
<br />Trust Estate, with interest thereon at the rate of 15 percent
<br />per annum.
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