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<br /> ���� US �.�C�RD V
<br /> NII�CELI�AN�O
<br /> 290D8-TN[�U6U6TINECO.BRANDIBLAND,NEBR. � � �
<br /> RENTAL AGREEMENT
<br /> In consideration of a loan of �230C1.00 made by the �ccidental Building and Loan
<br /> Association, I or we, the underaigned, Carl M. Holder and Elsie E. Holder, husband and wife,
<br /> of the County of Hall, Nebraska, hereby grant and eonvey to said Association full power and
<br /> authority to collect the 'rental� from �he premises hereinafter. descrlbed, or any part
<br /> thereof, 3.n such manner� as said Association and its authorizec� agents may deem best, and ln
<br /> de�'ault of the payment of said �ent, or any part thereo�', to proceed in the name of the
<br /> ownera of sa,id premises, to reectv�r said rent in such manner as said As�ociation ma.y deem
<br /> best; to commence and prosecute a.etions to recover posseasion of said premises in �he name
<br /> of and at the expens� of the owner� thereof and to procure new tenants and make leasea in
<br />' the name oP said owners. As addi�ional colla�eral security for the payment of sai� loan,
<br /> � with interes� as agreed �,n thE note and mortgage given in connection with said loan, the
<br /> ^� undersigned fur�her assign, tranaPer and set over to �sid Association the net proceeda
<br /> arising Prom the rentals from the follow�ng described premises situate in the County of
<br /> Hall and State of Nebraska, to-witt
<br /> d The North One Hundred Eighty (1�0) �'�e'G o� the West Two-�hirds (W.2/3) of the
<br /> � West Half (W.1/2) of Lo� Six (6) , o� Norwood Subdivision of part of the West
<br /> 'h� Half (W.1/2) of �he Northweat Quarter (1'�tT�) of Seetion Ten (10), Township .
<br /> Eleven (11) North, Range Nine (9) , West of the 6th P.M. , sub,�ect to the Ea�t
<br /> Ha1P (E•�) of the County Road, all as surveyed, pZatted and recorded,
<br /> Said Association may, in its discretion, use the ren'Ga so far as i� deems neeseasary for
<br /> ,� the purpose of making repairs upon the premises and for the payment of insurance premiums,
<br /> taxes and asses�ments upon said premises, but said Association shal 1 in no case be liable
<br /> for the fail.ure to procure tenants, 'Go eolleet rents, or to prosecute aetiona to recover
<br /> possession of said prem3.seg. .
<br /> This agre�ment shall not be terminated wi�hou�G the. written consent of said Association,
<br /> and shall be binding upon the undersi�ned and upon the heirs, repreaen'Gatives, suecessors
<br /> and a�signs of the undersigned.
<br /> Dated this 1�+th day of November, 19�+9
<br /> Witness:
<br /> � Car1 �!. Holder '
<br /> - E sie E. older
<br /> STATE �F NEHRASKA, )
<br /> ) s�. �n this 15tr� day o� November lg�g, before the undersigned, a
<br /> HALL COUNTY. ) Notary Public in and Por said Ccaun'�y, personally appeared the
<br /> above named Carl M. Holder and Elsie E. Holder, husb�nd and
<br /> wife, to me known to be the identical persons who�e names axe agfixed to the above instru-
<br /> ment as grantors and they aeknowledged said instrument and the execution thereof' 'Go be
<br /> their voluntary aet and deed. . �
<br /> Witness my hand and Notarial Seal the date last above mentioned.
<br /> : �
<br /> �g�� C. T. Flower
<br /> otary ublie.
<br /> My commission expires September 9th, 1955. �
<br /> Fi1ed Por recor d this i5 day of November A.D. , �9�9, at 3:40 o �cloek P.M.
<br /> . eg s er of ee s
<br /> 0-0-�-0-0-0-0-0-0-0-0-�-0-0-0-0-0-0-0_0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0
<br /> TRUST AGREENlENT �
<br /> This TRUST AGREEMENT, dated �hig 18'Gh day of Oc�ober, 19�9, is to certiPy and affirm
<br /> that Frank L. Adams as �RUSTEE hereund.er, is abou� to taks ti�le to the following described
<br /> real estate in Hall Cotznty, sta�e of Nebraska, to-wit:
<br /> Start�.ng at the NorthWes� corner of Fry� � adc3.ition, Blvck One (1) , to the
<br /> V3.11age oP Don3.phan, runnin� �67 fee� Nor�h, Thence 46'� Feet East, thenae
<br /> ��7 fee� South, the�c� �67 feet �es� to place of the beginnin�, thug .
<br /> constituting �'i�e (5) aeres of land. •
<br /> a.nd when he has taken title ther�to he w�.l�. hold it for the u3timate use and benefit of
<br /> the following p�rsons, to-�r3.�:
<br /> The Doniphan Lions Club of Doniphan, Nebraaka.
<br /> I�t ie Agreed and understood between th� parties hereto '�hat �he interest of the beneficiary,
<br /> thE af oresaid Doniphan L�.ons Club, sha11 consist aol�ly of �he right to reeeive the
<br /> proeeed� from any and all ren�als or from �he �ale oP the premises and tha� �uch right in
<br /> th� avails of said proper�Gy sha.1.1 be deemed persor�al proper�y; tha,t the beneticiary �sha.].l
<br /> not have any right, ti�le or interea� in or to any portion of the said real eatat� as
<br /> II such� but only the ir�terest in the proceeds as af oresaid.
<br /> No assignment of interest shall be binding on the trt�stee t�ntil the orig3.nal or a
<br /> duplicate copy of �he assignment is lodged w�.th him
<br /> While the said F�ank L. Adams as trustee is �he sole owner of the real e�s�a�� referred
<br /> to herein, and so far as the publie �.s concerned, has f�ll power to deal wi�h it bu'� it
<br /> ie understood and agreed by the parties hereto, that the eaid Frank L. Adama as truste�
<br /> wi11 deal only when au�horized to do so and tha.'� he will upvn the written direct�.on of
<br /> the Presiden� and the Secretary--Treasurer of the Dmniphan Il,ions �lub when they ha,v�
<br /> been duly authorised to do so by an affirmative vot� at a regu3ar meetin�; of the 17onipha.�
<br /> Liona Club.
<br /> The trustee aha11 nv't be r�quired to en�er �.nto any p�r�onal ob3.i�ation or 13.ability in
<br /> dealing with the said lar�cl, or make himself liabl� for any damages, cos�s, expenses, fines
<br /> or penalt3.es. In case �he sa�.d trustee sha11 be made a party to any li'�1.�ation or co�ts
<br />
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