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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this ~~~ day of February, 2010, by and among
<br />MARK A. GLOE and DIAN M. GLOE, husband and wife, herein referred to as "Trustor",
<br />whose mailing address is 9920 West Wildwood Drive, Wood River, NE 68883; BRUCE I.
<br />SMITH, Attorney-at-Law, hereinafter referred to as "Trustee", whose mailing address is P. O.
<br />Box 790, Grand Island, Nebraska 68802; and ALICE L. EADES, TRUSTEE, hereinafter
<br />referred to as "Beneficiary", whose mailing address is 312 Northwood Drive, Raleigh, North
<br />Carolina 27609.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to
<br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following-
<br />described property located in Hall County, Nebraska, to-wit:
<br />The Southeast Quarter (SE'/4) of Section Twenty-Seven (27), Township Ten (10)
<br />North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska EXCEPT
<br />a tract more particularly described in Survivorship Warranty Deed recorded as
<br />Document No. 89-102201
<br />together with all improvements, fixtures and appurtenances located thereon or in any way
<br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including
<br />all such personal property that is attached to the improvements so as to constitute a fixture, all of
<br />which, including replacements and additions thereto, are hereby declared to be a part of the real
<br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter
<br />referred to as the "Property".
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of
<br />even date herewith in the principal sum of ONE HUNDRED THOU-
<br />SAND and NO/100 DOLLARS ($100,000.00), together with interest at
<br />the rate provided therein, or the principal and interest on any future
<br />advance not to exceed the total principal sum initially secured hereby as
<br />evidenced by promissory notes stating they are secured hereby, and any
<br />and all renewals, modifications and extensions of such notes, both princi-
<br />pal and interest on the notes being payable in accordance with the terms
<br />set forth therein, which by this reference is hereby made a part hereof;
<br />(b) the performance of each agreement and covenant of Trustor
<br />herein contained; and
<br />(c) the payment of any sum' or sums of money which maybe
<br />hereafter paid or advanced by Beneficiary under the terms of this Deed of
<br />Trust, together with interest thereon at the rate provided in the note.
<br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as
<br />follows:
<br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on,
<br />the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan
<br />instruments.
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