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<br />DEED OF TRUST
<br />THIS TRUST DEED, made this ~`~day of May 2009, by and among Gene A. Uden,
<br />whose address is 4021 Sandlewood Drive; Grand Island, Nebraska, and Debra C. Uden whose
<br />address is 3919 Meadow Way Trail; Grand Island, Nebraska (herein "Trustors"); and Shannon L.
<br />Doering, a member of the Nebraska State Bar Association, (herein "Trustee"); and Universal
<br />Surety Company, whose mailing address is 601 South 12'" Street, Lincoln, Nebraska, 68508,
<br />(herein "Beneficiary"). This Deed of Trust is made and delivered pursuant to the provisions of
<br />the Nebraska Trust Deeds Act.
<br />FOR TWENTY-ONE DOLLARS ($21.00) AND OTHER GOOD AND VALUABLE
<br />CONSIDERATION, the receipt of which is hereby acknowledged, Trustors irrevocably grant,
<br />transfer, convey and assign to Trustee, IN TRUST, WITH POWER OF SALE for the benefit
<br />and security of Beneficiary, under and subject to the terms and conditions of this Trust Deed, all
<br />of the real property and improvements, including everything appurtenant thereto, located upon
<br />and within the described real property in Hall County, Nebraska:
<br />Lot 3, Slock 4, Sammertield Estates 1st Subdivision, City of Grand Island, Hall
<br />County, Nebraska.
<br />Unit Twenty Six (26), in Westwood Park I Condominiums, a Condominium in the City
<br />of Grand Island, Hall County, Nebraska.
<br />FOR THE PURPOSE OF SECURING PERFORMANCE OF THE FOLLOWING:
<br />(a) Trustors have executed and delivered an Indemnity Agreement dated the 20~" day of
<br />June, 2008, under the terms of which said Trustors have agreed to indemnify Universal Surety
<br />Company, a corporation organized and existing under the laws of the State of Nebraska and
<br />authorized by the laws of the State of Nebraska to write surety bonds therein, and to hold
<br />Universal Surety Company (hereinafter sometimes called "Surety") harmless from any and all
<br />demands, liabilities, agreed losses, damages, or expenses of every kind, which it shall at any time
<br />sustained or incur by reason, or in consequence of, having executed or procured the execution of
<br />a surety bond or bonds, fully described in said Indemnity Agreement which is made a part of this
<br />Trust Deed by reference and fully incorporated as if set forth in its entirety herein, and said
<br />Trustors have further agreed, upon the request of Surety, to procure the Surety's discharge from
<br />liability under bonds issued pursuant to the Indemnity Agreement and Trustors have made other
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