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<br /> . � AC O�LED�� OT� DLBD OP TRIIBT .' ` .•
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<br /> `, `r.-<-i' BORROWE1t3 READ THIS BBFaRE SIGNING: '."
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<br /> ` , ^�,` Barrowers (whether one or morej understand that the docu�nent that the -, ,
<br /> � Barrowers are about to execute is a Deed of Trust and no a mortgage and : �. ::� :< ,�
<br /> ' � that the gower of sale provided for in the IIeed of Trust provides , ��.� .,
<br /> '.. � t substantially different rigbts and obligations to the borrowers than a ��� } �'� °�
<br /> . mortgage in the event of a default or breach of obligation under the Deed : __
<br /> . ' of Trus�, includinq, but io limited to, the Lender's riqht to have the '��,:�;,�
<br /> � , . • property sold by the Trust�e without any j ial proceeding. Horrowers � =
<br /> � represent and warrant execution oP the De d of Trust. "� `": `
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<br /> ._ ,. °BORROWERS" �• � �':�.°-
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<br /> _ .. .. . , � DB$D OF TRIIB'.� .,. __��..
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<br /> � �, THIS DEED OF TRQST is made as of the 24th day of December, 1997 by and � ���. '�";_��-'
<br /> . � '`�'- among the TRUSTOR, ARTHUR I,. QUANDT AND REHECCA S. QUANDT, husband and T-==
<br /> - - - - - wife, whose mailing address fs 3176 EAST PRAIRIE ROAD, GRAND ISLADiD, NE �r. � ,�°=-
<br /> • • � '�;.;r;� 68801, (herein °BORROWERS") the TRUSTEE, GRAND ISLAND `�RUST AND FINANCIAL � �.�..�=,
<br /> -r . .-;*�,�: SERVICES, INC., whose mail ing addzess is 1451 NORTH WEBB ROAD, GRAND �� `: � •:,,i�%�`
<br /> ' ISLAND, NEBRASRA C8803, (herein "TRUSTEE") , and the BENEFICI1�fRY GItAND , '�� "���"�°
<br /> •� � � ISLAND TRUST AND FINANCIAL SERVICES, INC., whose mailing address �s 1451 . � '���`�^_
<br /> :, ,. .: -.,,_��w.
<br /> � � ; � NORTH WEBB ROAD, GRAND ISLAND, NEBRASRA, 68803 (herein °LENDER") . . -=���
<br /> . ;.��,
<br /> � FOR VALUABLE CONSIDERATION, including the indelbtedness identified herein '%� t�_�``"�
<br /> � created, the receipt of whfch is hereby acknowledqed, Borrower5 hereby ' ' :.:�_-
<br /> � � � irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, �
<br /> `• . .aT.
<br />�,�;:; , � � WITH POWER OF SALE, for the benef it and seaurity o f Len der, un der an d - ,,:;,�
<br /> subject to the terms and conditions hereinafter set forth, the real � • __
<br /> � . property described as follows: � ,�H
<br /> ; :
<br /> , . _
<br /> �.�:
<br />' �'=;' .: ..
<br />-'`'� � SOLTTIiWEST QUARTER (SWl/9) SECTION ONE (1) , Tm6v'AISIiIP TWELVE (12) , RANGE � ' •
<br /> �`.';'-: '. : NINE (9), WEST OF THE SIXTH P.M., HALL CQB1�b'FY, NEBRASKA. -_
<br /> •*.. . ,
<br /> , .. ,
<br /> zi�:a�; � � Together with all building s, improvements, fixtures, streets, alleys, �, � ; .
<br /> . ' passageways, easements, ri ghts, privileges, amd appurtenances located � • �
<br /> � therean or in anyway gertaining thereto, and the rents, issues and - ,
<br /> - ! profits, reversions and remainders thereof, and such personal property -
<br /> � �hat is attached to the improvements so as to constitute a fixture, •
<br /> � including, but not limited to, heatin and cooling equipment; and together �..
<br /> � with the homestead or marital interes�, if any, whfch interests are hereby � �: . .
<br /> � released and waived; all of which, includfng replacements and addi�ions , ..
<br /> � thereto, is hereby declared to be a part cf the real estate secured by the
<br /> lien of this Deed of Trust and all the for��3oing being referred to herein .�.
<br /> . , . • as the "Property", . . � .
<br /> � � f . �. ' `
<br /> PAGE 1 • �
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