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�� � �� � � �1 - B N -� � �� B � — ��. �� �Q � � � Z O � � � � �� t�1 � �_ � � °� � � � � � �o � � a m �� �n m W r� � � � -a � � � � C) ��C' ��; � �i b � � � C t"� � nc�i�� �ii �: , � � ::� =� � U� � �' `'' � — + p y � � r- � - :,^ � �• � � . �. ., -� z --a tv A� c' E...�,, �c d v � r� � ._. � p - r� t �► c� (�. - �' z � {n � -�... r� F � — ' �" � � � D Q) (^� '� �, � � � 2> '� i F � � � � i , x � � rTa �% � A p R� `� `' "� ! a ~ �' O .�� cr> � DEED IN LIEU OF FORECLOSURE KNOW ALL MEN BY TI�SE PRESENTS: That NEIL GOTTLOB and JUDY G. GOTTLOB, husband and wife, hereinafter referred to �, as "GRANTORS", and in consideration for cancellation of indebtedness in the sum of $254,120.25, /b � do hereby grant, bargain, sell and convey and confirm unto PATHWAY BANK, a Nebraska Corporation, hereinafter referred to as "GRANTEE", the following described real property in Hall County, Nebraska, to-wit: Lot One (1), N& J Subdivision in the City of Grand Island, Hall County, Nebraska. TO HAVE AND TO HOLD the above described premises, together with all tenements, hereditaments, and appurtenances thereunto belonging to the GRANTEE, and to its successors and assigns forever. GRANTORS do hereby covenant with the GRANTEE and GRANTEE'S successors and assigns that GRANTORS are: (a) lawfully seized of said premises; (b) that said premises are free and clear of all encumbrances except easements, covenants and rest::ctions of record. (c) that said premises are further free from liens for unpaid real estate taxes except for the year 2009 plus interest, together with real estate t�es through 2010, which have not yet been determined; (d) that no unpaid debts for fixtures, building products, labor, or materials used in the construction or any improvements to the above described property currently exists, and that GRANTORS will save and indemnify the GRANTEE harmless from any claim arising by virtue of any labor or materials used in the construction or remodeling or improvements done to the premises. The GRANTORS further warrant that they have good right and lawful authority to convey the above-described premises and that GRANTORS will warrant and defend the title to said premises against the lawful claims of all persons whomsoever. This Deed is intended as an absolute conveyance of title in effect as well as in form, and is not intended as a mortgage, trust conveyance, or security of any kind. DATED THIS � �'�day of December, 2010. / ,% _ eil Gottlob, Grantor f , �� dy G. G, ob, Grantor