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N S S ()) S 0) 0) VJ -.....J .......... ;10 ~~" m ." c: n:x: n Z ~ 1: ~ C ~. m !{) ;U ~' n en rrt i- ~ :c ~,{ ~ ..." ~ 0 r rrt rrt C) 0 (fJ p :- t ~ ~ "::,i 200806873 RE-RECORDED [Space Above This Line for Recording Data] DEED OF TRUST I ;~2~;~~~' m ~ .,,-,> :0 C? m ~ O(f) C QQ o~ 0> ::c c::::r> N~ c:::: Z-l c-J -lIT! o~ -<0 ......... O~ O:d "z CO c: :::r: n.l s: -0 1> en C) m :3 r-:;o ~ IJ> Cl) W (f) Z ::><: Cl) 0 J> W ..............'........ W W en en -oJ ~ I ~~ State of Nebraska THIS DEED OF TRUST ("Security Instrument") is made on August 1st The trustor is Thomas J Gassen and Laura J Gassen, as husband and wife 2008 ("Borrower"). The trustee is TierOne Bank ("Trustee"). The beneficiary is Pinnacle Bank , which is organized and existing under the laws of the State of Nebraska , and whose address is 210 E 23rd St PO Box 1585 Columbus, NE 68601 ("Lender"). Borrower owes Lender the principal sum of Two Hundred Eight Thousand One Hundred Fifty and 00/100 Dollars (U.S. $ 208,150.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on August 01, 2038 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the perfonnance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County, Nebraska: Lot Twenty Five (25), Grand West Third Subdividion in the City of Grand Island, Hall County, Nebraska. which has the address of4115 Allen Ave [Street] Grand Island , Nebraska 68803-2943 ("Property Address"); [City] [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property". BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. 1I01.CV (4/06) 4300101016 Page 1 of5 Ii f 'J ~~: ",,' il~ ~. ; i 'I GOTO(OO 1 a68ft)