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<br /> DEED O F TRU ST -tea f " ~'
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<br />THIS DEED OF TRUST is made on this ~~rt~ day of August, 2010. The Trustor is Gordon F
<br />'Glade and Cara J. Glade, husband and wife, llz ~._C~...y~.,,p I~,G„a,..tg~.1y~ 'address), hereafter
<br />designated as BORROWER. The Trustee is Steven P. Vinton, Attorney at Law, 416 10th Street,
<br />Gothenburg, Nebraska 69138. The Beneficiary is Richard L Hartman an N~ ~~y A. Hartman, husband
<br />and wife as joint tenants, whose address is 4dgZq ~qLr s C~eG~ Rr~ ,~cd~fsa , herea~er designated as
<br />LENDER. BORROWER irrevocably conveys to TRUSTEE, in Trust, with POWER OF SALE, the
<br />following:
<br />A tract of land comprising a part of the Southeast Quarter (SE1/4), of Section Thirty Two (32),
<br />Township Eleven (1 ].) North, Range Nine (9) West of the 6"' P.M., in Hall County, Nebraska
<br />more particularly described as follows:
<br />Beginning at the southwest corner of said Southeast Quarter (SE1/4); thence running easterly on
<br />the south line of said Southeast Quarter (SE1/4), an an Assumed Bearing of S88°12'17"E, a
<br />distance of One Thousand One Hundred Ninety Four and Eighty-eight Hundredths (1194.88) feet,
<br />to the ACTUAL paint of beginning; thence running NO1°7'35" E, a distance of Eight Hundred
<br />Sixty-one and Forty-three Hundredths (861.43) feet; thence running N 88°12' 18"W, a distance of
<br />One Thousand Two Hundred Five and Thirty-three Hundredths (1205.33) feet, to a point on the
<br />easterly right-of--way line of the Saint Joseph Branch of the Union Pacific Railroad, thence
<br />running N00°02'52"E, on the easterly right-of--way line of the Saint Joseph Branch of the Union
<br />Pacific Railroad, a distance of One Thousand Two Hundred Fifty-two and Fifty Hundredths
<br />(1252.50) feet; then rumiing S88°57'48"E, a distance of One Thousand Three Hundred Twenty-
<br />eight and Eighty-two Hundredths (1328.82) feet; then running S01°07'35"W, a distance of Two
<br />Thousand One Hundred Thirty-one and Two Hundredths (2131.02) feet to a point on the south
<br />line of said Southeast Quarter (SEl/4); thence running N88°12'17"W, on the south line of said
<br />Southeast Quarter (SE1/4), a distance of One Hundred (100.00) feet, to the Actual Point of
<br />beginning.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of record, if
<br />any.
<br />BORROWER owes LENDER under the terms of a following promissory note of even date
<br />herewith in the original principal amount of $231,000.00( the "promissory note").
<br />This security instrument secures to LENDER the debt evidenced by the promissory note, and
<br />payment of all other sums, with interest, advanced under the provisions hereafter to protect the security
<br />and the performancy of BORROWER'S covenants and agreements.
<br />BORROWER covenants that BORROWER is lawfully seized of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real estate against
<br />the lawful claims of all persons.
<br />note.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />l . BORROWER shall pay when due, the principal and interest as provided in the promissory
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