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<br />KNOW ALL MEN BY THESE PRESENTS: that George A. Lanzendorf, a single
<br />man, hereinafter referred to as "Trustor", to secure a Promissory Note for the principal
<br />amount of Twenty-Three Thousand and No/100 Dollars ($23,000.00) payable to the order
<br />of Timothy L. Putscher and Penny R. Putscher, whose address is 332 St. Paul Road, St.
<br />Libory, Nebraska 68872, hereinafter referred to as "Beneficiary", providing for payment of
<br />the entire principal balance, all in accordance with a Promissory Note signed by George
<br />A. Lanzendorf on � d c h z , 2011, do hereby grant and convey unto Vince
<br />Dowding, attorney at law, the "Trustee", the fo{lowing described property:
<br />Fractional Lot One (1) and Two (2) in Fractional Block Three (3) of
<br />Powe{I's Addition to the Village of Alda, Half County, Nebraska
<br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust
<br />nevertheless, and in case of default in the payment of said Note or any part thereof or
<br />interest thereon or in the performance of any covenant hereinafter set forth, then the
<br />Trustee shall have the power to sell the above-described property and upon request of
<br />the Beneficiary, the Trustee shall file for record in the Register of Deeds' Office of Hall
<br />County, Nebraska, a Notice of Default, setting forth that a breach of an obligation, for
<br />which the said property was conveyed as security, has occurred, and setting forth the
<br />nature of such breach and the Trustee's election to sell the property to satisfy the
<br />obligation; and after the lapse of not less than one (1) month, the Trustee shall give
<br />written notice of the time and place of sale which may be befinreen 9:00 a.m. and 5:00
<br />p.m. at the premises, or at the Hall County Courthouse, and particularly describing the
<br />property to be sold; said Notice to be published in a newspaper of a general circulation in
<br />Hall County, Nebraska, once a week for five (5) consecutive weeks, the last publication to
<br />be at least ten (10) days but not more than thirty (30) days prior to the sale; and the
<br />Trustee shall then sell said property at the time and place designated in this Notice, in the
<br />manner provided by law in effect at the time of fifing said Notice, and public auction to the
<br />highest bidder for cash and shall deliver to such purchaser a deed to the property sold
<br />consistent with the law in effect at that time. Additionally, Trustor hereby requests that
<br />Trustee shall mail Trustor a copy of any Notice of Default and Notice of Sale hereunder
<br />upon default addressed to him at P.O. Box 201, Alda, Nebraska 68810. Out of the
<br />proceeds of said sale, the Trustee shall retain and pay first all fees, charges and costs of
<br />sale and all monies advanced in the exercise of the power of sale, including the payment
<br />of the Trustee's fees actually incurred, and pay second the obligations secured by this
<br />Deed of Trust; and the balance, if any, shall be paid to the person or persons legally
<br />entitled thereto. Any person, including the Beneficiary, may purchase said property at
<br />such sale.
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