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ACKNOWLEDGMENT OF DEED OF TRUST <br />BORROWERS READ THIS BEFORE SIGNING: <br />Borrowers ( Trustors) understand that the document that the Borrowers are about to execute is a Deed of lz� <br />Trust and not a mortgage and that the power of sale provided for in the Deed of Trust provides substantially `71 <br />different rights and obligations to the borrowers than a mortgage in the event of a default or breach of obligation <br />under the Deed of Trust, including, but not limited to, the Lender's right to have the Real Property sold by the <br />Trustee without any judicial proceeding or foreclosure. Borrowers represent and warrant that this <br />acknowledgment a sited b them before the execution of the Deed of Trust. <br />e artner, Twin Valley Investments, Ltd., Trustor <br />DEED OF TRUST <br />WITH POWER OF SALE <br />THIS DEED OF TRUST is made on this 31 st day of January, 2005. The Trustor is Twin Valley <br />Investments, Ltd., a Nebraska Limited Partnership. The Trustee is Gregory M. Neuhaus, Attorney at <br />Law, PO Box 1685, Grand Island, NE 68802. The Beneficiary is Pitcher and Pitcher Properties, a <br />Nebraska General Partnership. The Beneficiary's address is 502 Claude Road, Grand Island, NE 68803. <br />Trustor irrevocably conveys to Trustee, in Trust, with power of sale, the following: <br />Lot 26, Westgate Subdivision to the City of Grand Island, Hall County, Nebraska and Lot 1, Westgate <br />Yd Subdivision to the City of Grand Island, Hall County, Nebraska <br />Together with all the rents and profits therefrom and subject to easements and restrictions of <br />record, if any. <br />Trustor owes Beneficiary Five hundred fifty thousand Dollars ($550,000.00), evidenced by <br />Trustor's note of even date, payable according to the terms thereof. <br />This Security Instrument secures to Beneficiary the Debt evidenced by said note, the payment of <br />all other sums, with interest, advanced under the provisions hereafter to protect the security and the <br />performancy of Trustor's covenants and agreements. <br />Trustor covenants that Trustor is lawfully seised by such real estate and has the legal power and <br />lawful authority to convey the same and warrants and will defend title to the real estate against the lawful <br />claims of all persons. <br />7° <br />n <br />n <br />!Yt <br />M <br />CA <br />rT <br />z <br />m <br />4n <br />D <br />p <br />CD <br />irL <br />S <br />c, <br />? <br />CAN <br />o <br />�t <br />CD <br />C <br />CD <br />CD <br />1 <br />r\.) <br />cn� <br />Z <br />o <br />ACKNOWLEDGMENT OF DEED OF TRUST <br />BORROWERS READ THIS BEFORE SIGNING: <br />Borrowers ( Trustors) understand that the document that the Borrowers are about to execute is a Deed of lz� <br />Trust and not a mortgage and that the power of sale provided for in the Deed of Trust provides substantially `71 <br />different rights and obligations to the borrowers than a mortgage in the event of a default or breach of obligation <br />under the Deed of Trust, including, but not limited to, the Lender's right to have the Real Property sold by the <br />Trustee without any judicial proceeding or foreclosure. Borrowers represent and warrant that this <br />acknowledgment a sited b them before the execution of the Deed of Trust. <br />e artner, Twin Valley Investments, Ltd., Trustor <br />DEED OF TRUST <br />WITH POWER OF SALE <br />THIS DEED OF TRUST is made on this 31 st day of January, 2005. The Trustor is Twin Valley <br />Investments, Ltd., a Nebraska Limited Partnership. The Trustee is Gregory M. Neuhaus, Attorney at <br />Law, PO Box 1685, Grand Island, NE 68802. The Beneficiary is Pitcher and Pitcher Properties, a <br />Nebraska General Partnership. The Beneficiary's address is 502 Claude Road, Grand Island, NE 68803. <br />Trustor irrevocably conveys to Trustee, in Trust, with power of sale, the following: <br />Lot 26, Westgate Subdivision to the City of Grand Island, Hall County, Nebraska and Lot 1, Westgate <br />Yd Subdivision to the City of Grand Island, Hall County, Nebraska <br />Together with all the rents and profits therefrom and subject to easements and restrictions of <br />record, if any. <br />Trustor owes Beneficiary Five hundred fifty thousand Dollars ($550,000.00), evidenced by <br />Trustor's note of even date, payable according to the terms thereof. <br />This Security Instrument secures to Beneficiary the Debt evidenced by said note, the payment of <br />all other sums, with interest, advanced under the provisions hereafter to protect the security and the <br />performancy of Trustor's covenants and agreements. <br />Trustor covenants that Trustor is lawfully seised by such real estate and has the legal power and <br />lawful authority to convey the same and warrants and will defend title to the real estate against the lawful <br />claims of all persons. <br />