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�01103607
<br />NEBRASKA DEED OF TRUST
<br />THIS DEED OF TRUST, made this ( Z, day af y'Y�a� , A. D,
<br />2011, by and be�ween Richard J. Clark and Rodney A. Gleason, Sr.,
<br />both sinqle persons, of the County of Ha11 and State af Nebraska,
<br />hereinafter called "Trustor", and John A. Wolf of Hall County,
<br />Nebraska, hereinafter called "Trustee", and Larry D. Coffin,
<br />Grand Island, Nebraska, hereinafter called "Beneficiary";
<br />WITNESSETH, That the Trustor, for good and valuable
<br />consideration, including the debt and trust hereinafter mentioned
<br />and c.�eated, and the sum of one dollar to him paid by the said
<br />Trustee, the receipt and sufficiency of which is hereby
<br />acknowledged, daes by these presents, irrevocably grant, bargain
<br />and sell, convey, assign and confirm unto the said Trustee, IN
<br />TRUST WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, under and subject to the terms and condition of this
<br />Deed of Trust, the following described real property situated in
<br />Hall County, Nebraska, to-wit:
<br />Lot Three (3), in Block Eighty-Seven (87) in Wheeler and
<br />Bennett's Fourth Addition to the City of Grand Island,
<br />Hal.l County, Nebraska
<br />TOGETHER with and including
<br />hereditamen appurtenances and
<br />in anywise appertaining, whether
<br />shall include, without limiting
<br />the foll.owing:
<br />a11. and singular the tenements,
<br />privileges thereunto belonqing or
<br />now or hereatter acquired, which
<br />the generality of the foregoing,
<br />Al1 of the rents, issues and profits, including all rents,
<br />royalties, bonuses and benefits under any existing or future oil,
<br />gas or mineral or other leases; all easements and rights of way;
<br />all rights of homestead and homestead exemption and any surviving
<br />spouse's marital or distributive share, and all other contingent
<br />rights in and to said premises; all water, water rights, whether
<br />riparian, appropriative or otherwise and whether or not
<br />appurtenant, a11 ditch rights, and any shares of stock evidencing
<br />any such water or ditch right; an,d
<br />All fixtures, improvements, buildings, and the pl.umbing, heating,
<br />ventilating and lighting systems and equipment therein; all barn
<br />equipment; and all pumps, pumping stations, motors, engines,
<br />machinery, reservoirs, pipes, flumes, fences, and other machinery
<br />or equipment, except tractors, used for the production of water on
<br />said premises or for the irrigation or drainage thereof, all of
<br />which shall be construed and considered as affixed to and part of
<br />the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed
<br />to the said Trustee is hereinatter collectively referred to as the
<br />"Property".
<br />TO HAVE AND TO HOLD the same unto the said Trustee, his
<br />successors and assigns, forever, IN TRUST HOWEVER and WITH POWER
<br />OF SALE hereby expressly gran�ed unto the said Trustee, his
<br />successors, and assiqns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to be
<br />Seventy-Thousand/100 Dollars ($70,000.00) for money borrowed, with
<br />interest thereon, all as evidenced by and in strict accordance
<br />with the terms of that certain promissory note, hereinafter called
<br />the "Note", bearing even date herewith made payable to the arder
<br />of Beneficiary, executed by Larry D. Coffin, and providing �or the
<br />payment of said indebtedness in installments, the last of which is
<br />due and payable _ �.•� - a a 3i , subject to acceleration of
<br />maturity on default in the payment of any installment of principal
<br />or interest or in the per�ormance of any covenant, agreement or
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