i
<br />Xj
<br />200500777
<br />DEED OF TRUST
<br />This Deed of Trust is made this 27 day of %I4,Ky -, 4W 5 2005, between
<br />JEFFREY D. MYERS, a Single Person, TRUSTOR, whose address is P.D. Box 417, Blue Hill, NE
<br />68930; BRADLEY J. WHITE ATTORNEY AT LAW, P.C., TRUSTEE, whose address is 235 N. St.
<br />Joseph Avenue, P.O. Box 942, , Hastings, Nebraska 68902; and DALE MYERS and PATRICIA
<br />MYERS, Husband and Wife, BENEFICIARY, whose address is P.O. Box 417, Blue Hill, NE
<br />68930.
<br />WITNESSETH:
<br />1. Conveyance. The Trustor hereby conveys, sells and warrants to the Trustee, in trust,
<br />with power of sale, the following described real estate:
<br />Lot Five (5) Ed Ross Subdivision No. 3, Hall County, Nebraska,
<br />according to the recorded plat thereof.
<br />the intention being to convey hereby an absolute title in fee simple.
<br />The Trustor covenants and agrees with the said Trustee and Beneficiary that it is lawfully
<br />seized of said premises; that Trustor has good, right and lawful authority to sell and convey said
<br />premises; that said premises are free and clear of all liens and encumbrances; and that Trustor will
<br />warrant and defend title to said premises unto the Trustee and Beneficiary and their successors and
<br />assigns forever against the claims of all persons.
<br />2. Trustee's Primary Obligation: This Deed of Trust is given for the purpose of securing
<br />performance of Trustor's Loan of Agreement of even date with the Beneficiary upon the terms set
<br />forth in a written Promissory Note bearing even date herewith in the amount of Twenty Thousand
<br />Dollars ($20,000.00), and for the purpose of allowing the purchase of the Property described in
<br />Paragraph 1 above. In the event that Trustor may default in its obligations to Beneficiary causing
<br />Beneficiary to declare a default of said Loan Agreement, Beneficiary shall have the option of
<br />satisfying the obligations of Trustor; and, thereafter, any sums paid by Beneficiary on behalf of
<br />Trustor shall become an obligation of Trustor to Beneficiary, including, but not limited to, any
<br />principal, interest, fees, or costs.
<br />3. Trustor's Secondary Rights and Duties: While title is vested in Trustee and until
<br />filing of Notice of Default, the Trustor shall:
<br />A. Retain possession of the real estate.
<br />Page 1 of 6
<br />CD
<br />N
<br />CD
<br />0
<br />Cj-1
<br />O
<br />°3
<br />-�3 CD
<br />-'] a
<br />-,3Z
<br />0
<br />J�
<br />�
<br />n
<br />n
<br />n=
<br />nCn
<br />m
<br />>
<br />f./9
<br />7Z
<br />m
<br />T
<br />co
<br />-n
<br />T(
<br />_
<br />;-rl
<br />Cn
<br />co
<br />co
<br />W
<br />200500777
<br />DEED OF TRUST
<br />This Deed of Trust is made this 27 day of %I4,Ky -, 4W 5 2005, between
<br />JEFFREY D. MYERS, a Single Person, TRUSTOR, whose address is P.D. Box 417, Blue Hill, NE
<br />68930; BRADLEY J. WHITE ATTORNEY AT LAW, P.C., TRUSTEE, whose address is 235 N. St.
<br />Joseph Avenue, P.O. Box 942, , Hastings, Nebraska 68902; and DALE MYERS and PATRICIA
<br />MYERS, Husband and Wife, BENEFICIARY, whose address is P.O. Box 417, Blue Hill, NE
<br />68930.
<br />WITNESSETH:
<br />1. Conveyance. The Trustor hereby conveys, sells and warrants to the Trustee, in trust,
<br />with power of sale, the following described real estate:
<br />Lot Five (5) Ed Ross Subdivision No. 3, Hall County, Nebraska,
<br />according to the recorded plat thereof.
<br />the intention being to convey hereby an absolute title in fee simple.
<br />The Trustor covenants and agrees with the said Trustee and Beneficiary that it is lawfully
<br />seized of said premises; that Trustor has good, right and lawful authority to sell and convey said
<br />premises; that said premises are free and clear of all liens and encumbrances; and that Trustor will
<br />warrant and defend title to said premises unto the Trustee and Beneficiary and their successors and
<br />assigns forever against the claims of all persons.
<br />2. Trustee's Primary Obligation: This Deed of Trust is given for the purpose of securing
<br />performance of Trustor's Loan of Agreement of even date with the Beneficiary upon the terms set
<br />forth in a written Promissory Note bearing even date herewith in the amount of Twenty Thousand
<br />Dollars ($20,000.00), and for the purpose of allowing the purchase of the Property described in
<br />Paragraph 1 above. In the event that Trustor may default in its obligations to Beneficiary causing
<br />Beneficiary to declare a default of said Loan Agreement, Beneficiary shall have the option of
<br />satisfying the obligations of Trustor; and, thereafter, any sums paid by Beneficiary on behalf of
<br />Trustor shall become an obligation of Trustor to Beneficiary, including, but not limited to, any
<br />principal, interest, fees, or costs.
<br />3. Trustor's Secondary Rights and Duties: While title is vested in Trustee and until
<br />filing of Notice of Default, the Trustor shall:
<br />A. Retain possession of the real estate.
<br />Page 1 of 6
<br />CD
<br />N
<br />CD
<br />0
<br />Cj-1
<br />O
<br />°3
<br />-�3 CD
<br />-'] a
<br />-,3Z
<br />0
<br />J�
<br />
|