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X30'-;8 DEED OF TRUST
<br />THIS DEED OF TRUST is made this.....: 31~ ...............day of .J?il-Y.................... .
<br />14 8Q .,among-the Trustor,_Gateslares,.Inc. ....................................................
<br />...... (herein "Borrower='},. Jo1.at R, .13rawnell, .. . .. . ... . . . .
<br />Attortz~ at law {herein "Trustee"), and the Beneficiary.
<br />..............................
<br />CatmPrcial Sa of Grand Islarrl „ a corporatson organized and
<br />~,... .. .°S~s.Y...,..... .................. 2
<br />. -~-
<br />under a laws of. , .'~': `:°- ..... whose address is.... 21. 1 1VOith,
<br />exts~. Grand Island.. A.'E..68801 ............. .... . ....... (herein "`Lender").
<br />- Boxxowex, in consideration of the indebtedness herein recited and the tr(ut herein created, irrevacabl}' grants
<br />and conveys to Tr~ttsfee, in trust, with power of sale, the folldwing described property located in the County of
<br />......................................... State of Nebraska:
<br />Lrxr TWA (z} ?rs staczc T>~' 7 {109 sr ~r~z's a?~ITI~I
<br />7.O THE crl'Y of GRAtdt3 IsL~, r~T,,r,, ecxlNly, r.~ASlaa.
<br />. AlID
<br />LOT THREE (3) IlV SL~C3C TFSi (10) IN HnI~2~S ADDITION
<br />'IO' THE. C1T}C OF QtP,~ID ISiiAD4}, HAIl~ C6f}NPY, NEBRASI~1.
<br />which has the address of.....2207 - 2215 ( Third. Street, .Grand ,Islart5~,, ctE'. _68801.. , _ .. , ,
<br />(Sheetl (C~ivi
<br />........................ (herein "Property Address") ;
<br />(State an0 Z(p Coae(
<br />TF}GETHEx with alt the improvements Stow or hereafter Crncted on the property. and all casements, rtghts.
<br />appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents}, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fistnros now or
<br />hereafter attached to the property, all of which, including replacements and additions thereto, shaft be deemed ro be
<br />and remain a part of the pmpertY covemd by this Deed of Trust-. and all of the foregoing, together with said pmpcrn
<br />(or the leasehold estate if this Decd of Trust is nn a lcasehaid) arc herein referred to as the "Property";
<br />Tp SECrxa to Lender (a) the repayment of the indehtedncas evidenced by Borrower's note da[ed...7/3a/$Q .
<br />(herein "Note"), in the principal sum of .... OP1E HUN~L2}?9.:ITiII2TY.ONE 'IS30U~1ND•, • SEVIId
<br />H{INIAIED TWENPY. EIf~T,&7~(~.0,0 , (131, 72i3...I5d11ars, with interest thereon, providing for momhly installments
<br />of'principal a d interest; with-the. balance of the indebtedness, if not sooner paid, due and payable: on .......... .
<br />7/n31/99; , , , , , , , , , . ;the payment of ;dl other sums, with interest thereon, advanced
<br />in.aceordance herewith to protect the security of [his Deed of Trust: and the performance of the covenants and
<br />agreements o}` Bdrmwer herein contained; and (b} the repayment of any future advances. with interest thereon. made
<br />to Botrower by Lender ptusuantto paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenantsthat.Bonower is lawfully seised. of the estate hereby conveyed and has the right to Brant and
<br />convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the
<br />title tD the Property against aU claims and demands, subject to any declarations, easements or restrictions listed in a
<br />schedule of excepkions to coverage in any title insurance poiicy inswing Lender's interest in the Propern~.
<br />NI•IFF 3/80
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