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<br />$4 -- 000102-
<br />DEED OF TRUST
<br />This Deed of Trust is made this 6th day of January
<br />19~T, by-and among ERWTN W. HOLTZ AND DARLEIQE' HOLTZ, hus~d
<br />and wife, and HOLTZ FARMS, a Nebraska partnership, hereinafter
<br />referred to as "Trustor," whose mailing address is Shelton,,
<br />Nebraska 66876; AREND R. BAACR, Attorney at Law, hereinaftex<
<br />referred to as "Trustee," whose mailing address is'P. o: Hbx 790:;-
<br />Grand-Island, Nebraska 68802; and THE OVERLAND 23ATiDNAL BANK OF'
<br />ExRAND TSUAND, hereinafter referred to as "Beneficiary;" whose
<br />mailing address is 3D4 West Third, Grand Island;. Nebraska;
<br />Fox valuable consideration, Trustor irrevocably grants.,
<br />transfers, conveys and assigns to Trustee, in trust; with power::
<br />of sale, far the benefit and security of Beneficiary, under.-and
<br />subject to the terms and conditions of this Deed of Trust:; the.-
<br />following-described property, lor_ated in Hall County, Nebraska,.
<br />to-wit:
<br />The Southwest Quarter {SW's} and the West Five-
<br />{5) acres of the South Half of the Southwest
<br />Quarter of the Southeast Quarter (S~SW#5E~tt
<br />of Section Thirty {3D) in Township Eleven
<br />{11) North, Range Twelve (12) west of the
<br />Sixth Principal Meridian, in Hall County,
<br />Nebraska, except for that strip of land along
<br />the southerly section line conveyed to Hall
<br />County, Nebraska, a corporate political
<br />subdivision by deed dated August 16, 1457,
<br />filed for record in the Office of the
<br />Register of Deeds of Hall County, Nebraska,
<br />an August 16, 1957, recorded in Book 122 of
<br />Deeds at Page 51 and subject to a real estate
<br />mortgage to The Prudential Insurance Company
<br />of America; dated January 24, 2969, filed of
<br />record in the Office of the Register of Deeds
<br />of. Hall County, Nebraska, on January 30,
<br />1969, recorded in Book 147 of Mortgage at
<br />page 599 which grantee assumes and agrees to
<br />PaY by acceptance of delivery of this Deed;
<br />together with ail buildings, improvements, fixtures, streets,
<br />alleys, passageways, easements, rights, privileges and appurte-
<br />nances located thereon or in any way pertaining thereto, and the
<br />rents, issues, profits, reversions and the remainders thereof,
<br />including all such personal property that is attached to the
<br />improvements so as to constitute a fixture; all of which, includ-
<br />ing replacements and additions thereto, are hereby declared to be
<br />a part of the real estate conveyed in trust hereby, it being
<br />agreed that ali of the foregoing shall be hereinafter referred to
<br />as the "Property."
<br />FOR THE PURPOSF. OF SECURING:
<br />ta) the payment of indebtedness evidenced by
<br />Trustor's notes dated May 31, 1983, in the original
<br />total principal sum of Five Hundred Twenty-Five
<br />Thousand Six Hundred and No/100 Dollars (5525,600.00},
<br />together with interest at the rate or rates provided
<br />therein; in respect to which notes there presently
<br />remains awing the unpaid principal amount of Four Hundred
<br />~y '~ Viand F1.ve Hundred Sev~ty-tuo tv15 IO0 Do'~ a1Trs -
<br />t g payment o w ~.c notes have been
<br />fuxt~ter~e`ndad by Modification and Extension
<br />Agreen~nts of even date herewith, or the principal and
<br />interest on any future advance as evidenced by
<br />grcaeie~rery notes stating they are secured hereby, and
<br />and and. all renewals, modifications and extensions of
<br />such notes, PYOth principal and interest on the notes
<br />beincl payable in accorz9ance with the terms set forth
<br />therein, which lay tteis xw£erence is hereby mach a part
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