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<br /> °y� DEkD OC TRUS'p iff'�'� _
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<br /> THIB D&�D Op TRUBT ia mRae ae of thef�day of NovomUor 1992, bY and ?�
<br /> � anong TINOTIIY L. ANDRRSON and C7�RI�A S. ANDH , hueband and a�fo as �oint 'fiFd�:
<br /> - topanto, (TIIU3TOR") who¢n nailing addroas 1s: 2009 Del Bar nvonvo, rand 5�, u�
<br /> Island, NoUraeka 6�1603j �f
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<br /> _,�,-. and NiiIIUR C� 1SAYIiR, ("TRUBTN¢") whoso nnilin9 eddraoo io: NorwoaC Dnnk
<br /> �..R� puilding, P. O. Esox 2300, craaa fslnnd, ttobxaaRa G0002� �
<br /> :.,-.�_,�� and TH3 NARpL'dg A,Np 1iL+5fRY�N OF ST. STBPIIEH'8 �'P8ICOPRT� CfiURC1i. GRANO j"_��
<br /> ISt�.3HD, N6BRtShA, ("B�NCCICIARY"), whoao mniling nddro�s is: P. O. Bc>x 1026, `��--
<br /> ,��%i:ie Granfl Island, ttebraska 68802. -
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<br /> ��ii� FOR VALUABLB CONSID8RFITIOP7, lrustor irravocably transfors conv���, and �
<br /> sasigne to Truetae I!1 TRUST �ITtt YOWRR OF 911L8, for th¢ L�aneflt ancl security c '_
<br /> „��.� of Denoficiary un`der end su�ijoct to tha temo and conditions of ihis DQed of
<br /> „ x ^.cust the xea� proporty locafod in the Citp of Grand Island, County of �tell
<br /> �� and Sfate of Nebraeke, and legally deecribed ae folloxs: (the Proparty ):
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<br /> -�_•' All of I.ot Thxoe (3 and that paxt of 4ot Five (5 r.:ore f
<br /> _ �� " particu2arly doscri�ed as folloWS� Seginninq at �he NorthuAet r '
<br /> �,st�•. corner aE seid Lot 5; thenco eunninq Southsestarly along the
<br /> �, ��;` RasterLy tinn of Lot 5, a c�tatance of 07.A Feet to the Southeaet �t� �_
<br /> cornor of Lot 5; thence runninq Northarly and �sarallel to tho Ftast f
<br /> �.;';' line of bot 5, a distance of LU0.95 Feot to a point on tho �us��
<br /> >�:! ;vortheflaterlY 13ne of Lot 5; thence running Southoaeterly nlong
<br /> ,tf.�' tho Northenetorly Zine of Lot 5, a L�istanco of 54.1 Ceet to the y ,'�.�-
<br /> m poink oi beginnin mid coataining 2,361.U1 sware feut, frure or �f+� �_:,
<br /> less• all in 61oc�C One (1) i� Kay-Dee Subdiezsion of n poct of r.he �
<br /> ��j�{; Sout�ivost Quurter of the 5�thwoet Quaztor (E��SN#) of Suction � ,
<br />�...1,��.W_ ^.wonty-One (21) in 7bwnehip 6levan (ll) Norfh, Range Hino (9), ;
<br /> �5,� Bust of the Gtfi P.[^.., Hall County, Nebraeka �`F ,:
<br /> 'f`�. TOGSTtI&R WITB all rente, o�eements eppurtenances, horoditaments rn �'
<br /> v�-:�� intereats in a3jolning roade, sEcaats anb ellnya, :urzcvererts and b::i.Sd'_.^.9e �jr :
<br /> �i of anp ktnd siec.ated theroon anc2 all pereonal pro�Erty that nay be or z ,�,
<br /> F�� heruafter beccrae n� integral part of euch bulldin�3s ead improve^onta. {�
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<br /> ,..�,�� The property aacl tl:o entire estate �nd interest conveyed to the Tivst�ea ._
<br />_:,;f,�l,,,� aru roferred to collect.irely as tho "'fxust �stute". i.;�V,-•�
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<br /> ���� FOR THE PURPOSB OF SRCURINC: 7� -
<br /> i1'+�f.fj a. Payment of indobtedness !n the total principal emount of �00,000.00, � � ;
<br /> :-f�',t{r with interaet thereon as evidencod by the cortain Pro^�iesory Note of ovnn ,.s,�--
<br /> f` �� date (the "Noto") wit�i a maturity dato of mrrri�a_r 31_ 9029. extcutud by
<br /> v��.�f�� Trustor, which has boon delivered and ie pnp'ba Ta Eo Eh�"-oY-'der of Bonoficiary, 'r
<br /> ti4('�� and which b thia roference is hereby nadu a Part hereof, and uny and all �
<br /> r- r.qdificatione, extoneions and reneaals thereof, and, 4 i'�
<br /> � , -��; h. Paymont of all sum.s advanced by Ueneficiarq to protect the Tnist
<br /> rs�`�p , Estato, with SnL•orest thereon at the rate of tan (10) perc¢rtt per annurn. �,5�
<br /> ,�.,�5 s`
<br /> �-- �.� This Doed of 'fnict, thu Note, end any other inetrument givon to evidence a___-
<br />="��� or further securu the payment and performance of anY obligution eocured horeby i_-. .
<br />-"f�it�j�t, aro referred to collectively ea tho "LOan Instrumente". �--' -
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<br /> x�IS+ TO PROiECT TI1E SECURITY OI' TfiI9 DL�BD OF TRUST: .
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<br /> , '�j� 1. PAYt4HNT OF Il�DEBTEDNESS. Truetor ehall paY when due the principul
<br /> of and the i� on, e in e tedneae evidencad by the Hote, chargea, foea
<br /> ;: r� an`d all other swrs ns provided in the Loan Inetcuments. �,.et ;
<br /> � 2. 'fLxES. irustor. shall pnY each SnstnlLr,or.t of a11 taxae anC1 s ecial
<br /> - �� aesuesmants—T"ovory kind, now or hereafter luvled a9ainst tho Trust �st�ato or fr� S-•
<br /> -_` eny pnrt horeof{ bofore delinquency without notice or demand, and ahall f<< _.
<br /> provido Benoficiflrg wich ovidenca o� the yay.r.ant of sa:,o. Truetor ahall pny �
<br /> �r- � nll taxes and assessments whSch may be loviud upon Danoficiary s interest tt
<br /> '�t,:,� harein oc upon this Deed of Trust or tho debt secured horeby, without regnrd
<br />- - -�-}� to any lew ihat r.ay be.enncted :Rposing paymen[ o: tha wholo or any ?�rt � •
<br /> , -i?.G thoreof upon the ➢er.efaciary. �'��
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<br /> � • � 3. INSURANCE A`:^ �EPAIRS. irus[or shnll provide end pay the pi•eniiuns
<br /> �•�J�'" . on co:r.prohens ve in::�a.y_`Tnsurance covering the premiaes ar.L protectir.g tF.e ,
<br />�-�;.�jj .,, Oeneficiarp and Trustr_ fron a11 r.lair.•s, de^ands, lawsuits, ar.d juda.^..ents
<br />`;r't)Sll,; ariein9 out e° ir.jury co persons or da:aga [o property occurring or, t}:e
<br /> ,_,-�/ � propurty. . .i^ covernge sholl be in an amount of not less than P30C,C�� si^cle
<br /> ,,� ��;., 1'vnit for :c.:ily injury and property da�age. 1he linbility inaurance. c�r.d
<br /> " .q,:��. ctiavalty i;s::rance muy be pxocured in a sir,gle poi_cg ar ma� be obta.:.ac in
<br /> _<.... r.. ..t nn mli nr r< <ina s nll nA.".a
<br />.'_�a�`.�i, a vltut2 'yG.�.....o.
<br /> _. .1;. =a:.aficiury and Trustor�as insureda,as iheir�inteeosts may appear, and
<br /> Ho�eficiary shall be provided with a Certificate of Iusurance or duplicate
<br />. - copy shoWir.c the insurance to be in full foree and effoct at ali ttmes during
<br /> - tho term ct 'chis Deed of Trust.
<br /> ` '.'-�: 4. ACTIONS 7�FFECTIM1G TRUST ESTATE. Trustor shall appear in and contest
<br /> . -�. any action or procee ng purpor ir.g o a £ect tho securit7 hereoP or the
<br /> .� �� rights or powere of Beneficiary or Trus[ee, and ehall pay all costs and
<br /> ,;,,+�,?,, expenses, including cost of evidence of title end ettorney's feos, in any such
<br /> action or �rcreeding in r+hich Beneficiary or Trustee may appear. Should
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