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7o n fl , �v pr <br />« $ fin M y t o <br />Z C 0 2 \ c z> r113 M n Z -i M O <br />1 o <br />nN C <br />CD cn <br />i QqA r?''. q Ca O <br />^u 0 m O <br />TIT" � y <br />X © ? O N <br />CD <br />DEED IN LIEU OF FORECLOSURE <br />KNOW ALL MEN BY THESE PRESENTS: <br />That WILLIAM D. NEATER and E. LEE NEATER, husband and wife, <br />hereinafter referred to as "GRANTORS ", for good and valuable /o, So <br />consideration, do hereby grant, bargain, sell and convey and <br />confirm unto MARK FOREMAN and LOA FOREMAN, TRUSTEES OF THE FOREMAN <br />TRUST, hereinafter referred to as "GRANTEES ", the following <br />described real property in Hall County, Nebraska, to -wit: <br />The Northwest Quarter of the Northwest Quarter (NW1 /4 <br />NW1 /4) and Lots One (1) and Two (2), lying South of <br />Interstate Highway 80, All in Section Nine (9), Township <br />Nine (9) North, Range Eleven (11) West of the 6th P.M., <br />Hall County, Nebraska, excepting a certain tract deeded <br />to the State of Nebraska recorded in Book 136, Page 541; <br />excepting a certain tract deeded to the State of Nebraska <br />recorded in Book 137, Page 317; excepting a certain tract <br />deeded to Larry D. Woitaszewski recorded as Document No. <br />88- 106922. <br />TO HAVE AND TO HOLD the above described premises, together <br />with all tenements, hereditaments, and appurtenances thereunto <br />belonging to the GRANTEES, and to their heirs, devisees, personal <br />representatives, successors and assigns forever. <br />GRANTORS do hereby covenant with the GRANTEES and GRANTEES' <br />heirs, devisees, personal representatives, successors and assigns <br />that GRANTORS are: <br />(a) lawfully seized of said premises; <br />(b) that said premises are free and clear of all encumbrances <br />except a Deed of Trust dated October 30, 1998, and recorded <br />November 9, 1998, as Document No. 98- 111002 in the office of the <br />Register of Deeds, Hall County, Nebraska, in favor of MARK FOREMAN' <br />and LOA FOREMAN, TRUSTEES OF THE FOREMAN TRUST, as Beneficiary, and <br />easements, covenants and restrictions of record; <br />(c) that said premises are further free from liens for unpaid <br />real estate taxes except for the year 2004 in the sum of $1,356.40; <br />(d) that no unpaid debts for fixtures, building products, <br />labor, or materials used in the construction or any improvements to <br />the above described property currently exists, and that GRANTORS <br />will save and indemnify the GRANTEES harmless from any claim <br />arising by virtue of any labor or materials used in the <br />construction or remodeling or improvements done to the premises. <br />The GRANTORS further warrant that they have good right and <br />lawful authority to convey the above - described premises and that <br />GRANTORS will warrant and defend the title to said premises against <br />the lawful claims of all persons whomsoever. <br />This Deed is intended as an absolute conveyance of title in <br />effect as well as in form, and is not intended as a mortgage, trust <br />conveyance, or security of any kind. The consideration for this <br />Deed is the full release and discharge of the debt arising on <br />