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<br />Record & Return to:
<br />Grand Island Abstract
<br />704 West Third St.
<br />Grand Island, NE 68801
<br />DEED OF TRUST
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<br />THIS DEED OF TRUST, made this day of ,
<br />A.D., 2011, by and between Joan M. Maxon, a single pe son., and
<br />Laura J. Maxon, a single person, of the County of Hall and State of
<br />Nebraska, herein.after called "Trustor" (whether on.e or more), and
<br />Ronald S. Depue, Attorney at Law, of Ha11 County, Nebraska,
<br />hereinafter called "Trustee," and Luke T. Maxon, whose address is
<br />1225 Amaranth Dr., Naperville, IL 60564, hereinafter called
<br />"Beneficiary";
<br />WITNESSETH, That the Trustor, for good and valuable consider
<br />ation, including the debt and trust hereina.fter mentioned and
<br />created, and the sum of one dollar to Trustor paid by the said
<br />Trustee, the receipt and sufficiency of which is hereby acknowl-
<br />edged, does by these presents, irrevocably grant, bargain and sell,
<br />convey, assign and confirm unto the said Trustee, IN TRUST, WITH
<br />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
<br />following described real property situated in Hall County,
<br />Nebraska, to-wit:
<br />Lot Twelve (12}, Block Three (3) in Colonial Estates
<br />Subdivision in the City of Grand Island, Hall County,
<br />Nebraska.
<br />TOGETHER with and including all and singular the tenements,
<br />hereditaments, appurtenances and privileges thereunto belonging or
<br />in anywise appertaining, whether now or hereafter acquired, which
<br />shall include, without limiting the generality of the foregoin.g,
<br />the following:
<br />All of the rents, issues and profits, inCluding all rents,
<br />royalties, bonuses and benefits under any existing or future
<br />oil, gas or mineral or other leases; all easements and rights
<br />of way; all rights of homestead an.d homestead exemption and
<br />any surviving spouse's marital or distributive share, and all
<br />other contingent rights in and to said premises; and
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<br />All fixtures� improvements, buildings, and the plumbing,
<br />heating, ventilatin.g and lighting systems and equipment
<br />therein, al1 of which shall be construed and considered as
<br />affixed to and part of the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed
<br />to the said Trustee is hereinafter collectivel.y referred to as the
<br />'� Property . "
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's
<br />successors and assigns forever, IN TRUST HOWEVER and WITH POWER OF
<br />SALE hereby expressly granted unto the said Trustee, Trustee's
<br />successors, and assigns for the purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary
<br />in the principal sum of Eighty-tive Thousand Dollars ($85,000.00)
<br />for money borrowed, with interest thereon, all as evidenced by and
<br />in strict accordance with the terms of that certain promissory note
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