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<br /> �a�ti o� s��s �:. 98� ioss�:�
<br /> Q � THIS T�tWST DEEI� mad�e 1��Zfs ��� �a�r �sf'July, 1998, ?�eitw���r
<br /> . � .,,�.,�.., y xtrxrr��a �nr� r1iCOLLB H. UFTGTI�� klu�ar�� �nd Wife, of G�amd�
<br /> 1 r►.ue�.a • _.
<br /> � Y�D.dnd, t����asDcae �s TRUSTOR, �s�?� �A'�IIta�ac. �►, BK�:wn, ii� r. �epaso u.....T
<br /> Grand Islazed, Nebraska, li lRex�res �$ '�he Nebrdeka State E►a�e ��
<br /> � Associat�an� as TRUSTEE, and MARTIIt �', HE7�L15 and SANDRII L. �iET'rLE� p
<br /> Husband and Wife, herein�ft�r refe��[�¢i to as BENEFICI�►RIE3.
<br /> WITNESS�i'?'i's?: �
<br /> i'� That xRUSTOR hereb� c,�rants, barq�ins, sells, conveys and
<br /> �' warra�nts �a TRUSTEL, TN �R�T���', their su�cessors and assiqns, with
<br /> � power of saZe, the fallowitc��descrataed raal property:
<br /> � �� �i��± �a�; n;�key Seventh ,�r:ibdivision, City of Gra�nd
<br /> � Island, Hall County, Nebraska,
<br /> together with �11 intere��tt xhat the TR�az'OR now has or �aa� . ;�.�,��,;
<br /> hereaftar acquire f:.rn� �and �a� said property.��st�d ir� and to (a) all. . ';:�,�,�•;'�`.:
<br /> , � easea►ents and r3�li:�::: of way appurtenant xhQretcr: and (b) all �.��;�:.
<br /> , buildings, structuress, improve�a��nts, i�ixtur�•s, equipmeat, � ,
<br /> .`r"�.'�
<br /> furnishings and eppurtenanc�s now ar after ,plac�d t�±Q}eon�+d as ;,:,'� ��
<br /> described in the Offer to Purchase R�al Estate as execu_� we�e�;�.;, _
<br /> the TRUSTOR and BENEFICIARIES. The' xRUSTOR aqreeg to execute an�
<br /> deliv�r, from ti�ne to ti�, such. �urther instrwnents a� mny �� ��'�.?';
<br /> requested by the BENEFICIJIRIES to confirm the lien of this Deed q�.�;, � `
<br /> Trust on any of the aforementioned property. The property sc:,",,•
<br /> canveyed hereunder is here�.�ra�fter referred to �s the "property".
<br /> Th� TRUSTOR hereby covenants and aqress with tha TRUSTSE that
<br /> � they are lawfully. ��RZwill arrt�nt a�ndrdefendhthe�tit eetorsaid
<br /> ° property; that TRU�TO
<br /> � pre�n.ises forever nqainst the claims of all persons whomsoever.
<br /> �� . Far the purpose of securi.nq perfarmance of each agreeaient of .,
<br /> •.� TRCF�TOR here3.n contdined and the pdyaent of NINETY-EIGHT Tli0U81l�t3;�
<br /> ONE HUNDI�FD FORTY-SEVEN DOLI,l�RS ($98,147.00), the TRIISTOR htts .
<br /> , executedl �� Pramissory Ntotre bearing even date, at the rata of
<br /> � interest��mr.mc on the terw� a��ad con�ditions as set forth in suct� Note
<br /> } until� p+�.�Y3y. The �rincipal sun au►d interest shall be payt+ble fa
<br /> acca�dam��z� �rith �.��:�d� upo� t�n�e te�� and conditions as set forth ��
<br /> � such Na��: ���f^ctil p�eid. 'rh;�� pr��,��:pal sum and .iaterest shall � :
<br /> ,� pa,yabie �,�,�: r�ccordance K.ntL1 �nd upon the terms �nc� condi.�iams �f
<br /> said Not� �w��t even date, �irm� in any event th� en:tcire �rictefga�P
<br /> )���1'.a�,�ace dus hereunder and any a+�crued intere�t sl'�.�11 be pair3 mr�
<br /> . �,r��,r3,�;•st 15, 201�n subject, howa�•u�e�r, to the car�n�i.i,.tions af sa�d
<br /> �rnmissory Note which provides that an accelerat� bal.loon payment
<br /> �f �he �M��:ire outstanding principal and interest will be due and
<br /> � ....�vsa3ola_ n.m�".7tt�V �K_ 2ou3_ All installn�ent paymsnts hereuader shall
<br /> .._ �vt.u...,�� ..�.� —--a —- �
<br /> � L�� z�pp��.ed first to the pnymont of interest computed annuaiiy on
<br /> �Ti� unpaid balance, pursunnt to the ternis of the Nate, a copy nf
<br /> which has rieen pravided to each of the parties hereto, �ud
<br /> remainder of each paym�nt of each insl:allmenti ta be applied �o
<br /> principa3. Al�. payments due hereunder sha�ll be paid a�t the
<br /> residence of �he B1EN,EFICII►RIES or as the holder of snid security
<br /> shall des�.gnate fn writing.
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