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<br />~` ~ a ~ <br />~, <br />~ <br />~ ~ ~ <br />~ ~ ~: <br />4 ~ c, rr~ <br />~ <br />~ <br /> <br />~ <br /> <br />r` ~' ~ <br />~ ~`` ~ <br /> <br />4. <br /> <br />1'R'9 Chi <br />~ ~ <br />~~ <br />[~r <br />~ Z <br />~ ~ A <br /> <br />-~-I <br />Z <br />~'~' _ <br />['~a r~'1 <br /> <br />C~7 <br />N ~ ` R' .Z ~ <br />,.~ <br />~ ~ <br />~ <br /> .7- ~ <br /> - <br /> <br />- _ ~ ~ ~ <br />, <br />~ ~ ~ <br />~ `f p ~ r' ~ ~ ~ <br />err ~9 <br />~ ~' ~ ~ CT1 C <br />^w~r~ ~ G] ~. w N r1'1 <br />~ U'A G-'3 C?] <br />r~~ ~ <br /> 0 <br /> 200904 626 ~. <br /> DEED (~F T~ ~~'~ <br />a <br />~ <br />THIS DEED OF TRUST is made as of the 13th day of May 2009, by Wade Ellis and <br />Annette Ellis, husband and wife ("TRUSTOR'~, whose mailing address is: P.O. Box 114, <br />Shelton, Nebraska 68876; and, Jamie Mues Jankovitz, Attorney at Law ("TRUSTEE"), whose <br />mailing address is: 202 W. 3rd St.; P.O. Box 639, Grand Island, Nebraska 68$02w0639 and <br />Rodney L. Resh and Judith J. Resh, ("BENEFICIARY") whether one ar more, whose mailing <br />address is 509 A Street, Shelton, NE 68876. <br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and <br />assigns to Tntstee, IN TRUST, WITH POWER OF SALE, for the benefit and security of <br />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real <br />property located in Hall County, Nebraska, and legally described as follows: <br />(the "Property"): <br />Lot One (1), Hall Acres Subdivision, Hall County, Nebraska <br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in <br />adjoining roads situated thereon. <br />The property and the entire estate and interest conveyed to the Trustee are refereed to <br />collectively as the "Trust Estate". <br />FOR THE PURPOSE OF SECURING: <br />a. Payment of indebtedness of the total principal amount of $30.000 with interest <br />thereon at the rate of 5.00 % per anaum, as evidenc~i by a Promissory Note of even date (the <br />"Note") with a maturity date of Aorll 1.2011, executed by Trustor, which has been delivered <br />and is payable to the order of Beneficiary, and which by this reference is hereby made a part <br />hereof, and any and all modifications, extensions and renewals thereof. <br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon <br />at the rate of 5.00 % percent per annum, the default rate. <br />This Deed of"rust, the Note, and any other instrument given to evidence or further <br />secure the payment and performance of any obligation secured hereby are referred to collectively <br />as the "Caen Instrumec~". <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, <br />and the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as <br />provided in the Loan Instruments. <br />2. REAL ESTATE TAXES. Trustor shall pay the annual real estate taxes to the <br />Hall County Treasurer before the taxes became delinquent and shall famish tax receipts to <br />Beneficiary on or before May 1st and September 1st each year. <br />~+ <br />,~~ .~. <br />-1- <br />