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<br />D D O U T can ~ a~
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<br />. .HIS DEED OF TRUST, made this ~ Q day of A.D.,
<br />2010, by and between Tommy Ummel Sr., a single person, and Tommy Ummel Jr.
<br />and Cary K. Ummel, husband and wife, of the County of Hall and State of~
<br />Nebraska, hereinafter called "Trustor" (whether one or more), and Ronald S.
<br />Depue, Attorney at Law, of Hall County, Nebraska, hereinafter called
<br />"Trustee," and Galvan Construction Inc., a Nebraska corporation, whose
<br />address is 563 East Capital Avenue, Grand Island, NE 68801, hereinafter
<br />called "Beneficiary";
<br />WITNESSETH, That the Trustor, for good and valuable consideration,
<br />including the debt and trust hereinafter mentioned and created, and the sum
<br />of one dollar to Trustor paid by the said Trustee, the receipt and suffi-
<br />ciency of which is hereby acknowledged, does by these presents, irrevocably
<br />grant, bargain and sell, convey, assign and confirm unto the said Trustee, IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the following
<br />described real property situated in Hall County, Nebraska, to-wit:
<br />Lot One (1), Brodsky Industrial Empire Subdivision, in the City of
<br />Grand Island, HaL1 County, Nebraska.
<br />TOGETHER with and including all and singular the tenements, heredita-
<br />ments, appurtenances and privileges thereunto belonging or in anywise
<br />appertaining, whether now or hereafter acquired, which shall include, without
<br />limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties,
<br />bonuses and benefits under any existing or future oil, gas or mineral or
<br />other leases; all easements and rights of way; all rights of homestead
<br />and homestead exemption and any surviving spouse's marital or distribu-
<br />tive share, and all other contingent rights in and to said premises; and
<br />A11 fixtures, improvements, buildings, and the plumbing, heating,
<br />ventilating and Lighting systems and equipment therein, all of which
<br />shall be construed and considered as affixed to and part of the real
<br />estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the
<br />said Trustee is hereinafter collectively referred to as the "Property."
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors
<br />and assigns forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly
<br />granted unto the said Trustee, Trustee's successors, and assigns far the
<br />purpose of securing:
<br />(a) The payment of Truster's just indebtedness to Beneficiary in the
<br />principal sum of Sixty-five Thousand Dollars ($65,000.00) for money borrowed,
<br />with interest thereon, a1L as evidenced by and in strict accordance with the
<br />terms of that certain promissory note hereinafter called the "Note", bearing
<br />even date herewith made payable to the order of Beneficiary, executed by
<br />Tommy Ummel Sr, and Tommy Ummel Jr., and providing far the payment of said
<br />indebtedness in .installments, subject to acceleration of maturity on default
<br />in the payment of any installment of principal. or interest or in the
<br />performance of any covenant, agreement or warranty contained in this Deed of
<br />Trust;
<br />(b) The performance of each agreement, covenant and warranty of Trustor
<br />herein contained or set forth in the Note or any agreement or instrument
<br />executed by Trustor in connection with the indebtedness hereby secured; and
<br />(c) The payment of any sum or sums of money with interest thereon which
<br />may be hereafter paid or advanced under the terms of this Deed of Trust.
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