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FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and the trust herein created, the receipt <br />of which is hereby acknowledged, Trustor irrevocably grants, transfers, conveys, and assigns to Trustee, IN TRUST, WITH POWER <br />OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real <br />property described as follows: <br />A tract of land comprising a part of Lot Five (5), Block One (1), Windolph's Addition to the City of Grand Island, Nebraska, and more <br />particularly described as follows: <br />Beginning at a point that is Twenty Seven and Two Tenths (27.2) feet south and Eight and Five Tenths (8.5) feet west of the northeast <br />corner of said Lot Five (5); thence running northerly, parallel with the easterly lot line of said Lot Five (5), a distance of Twenty <br />Seven and Two Tenths (27.2) feet to a point on the northerly line of said Lot Five (5); thence running westerly along and upon the <br />northerly line of said Lot Five (5), a distance of Fifty Seven and Five Tenths (57.5) feet; thence running southerly along and upon the <br />westerly line of said Lot Five (5), a distance of Forty (40.0) feet; thence running easterly, a distance of Forty Eight and Five Tenths <br />(48.5) feet to a point that is Forty and Forty Four Hundredths (40.44) feet southerly from the northerly line of said Lot Five (5); <br />thence running at an angle a distance of Sixteen and Eight Hundredths (16.08) feet to the point of beginning. <br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property; all leases or <br />subleases covering the real property or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of <br />Trustor thereunder; all interests, estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in <br />the real property; all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights <br />and profits, water rights and water stock; all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land <br />lying within the right -of -way of any street or highway adjoining the real property, any and all buildings, fixtures, improvements, and <br />appurtenances now or hereafter erected thereon or belonging thereto, (herein referred to as "Improvement" or "Improvements "); and <br />any and all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part <br />of the real property. <br />All of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property". <br />THIS DEED OF TRUST SHALL SECURE: <br />a) The payment of indebtedness evidenced by Trustor's note of even date herewith in the principle sum Twelve Thousand Five <br />Hundred Dollars ($12,500.00), together with interest at the rate or rates provided therein, (herein, together with any and all renewals, <br />modifications, and extensions thereof, referred to as the "Note ") both principal and interest on the Note being payable in accordance <br />with the terms set forth therein, reference to which is hereby made, the final payment of principal and interest, if not sooner paid and <br />if no renewals, modifications or extensions are made, due and payable May 1, 2005. <br />b) The performance of each agreement and covenant of Trustor herein contained; and <br />c) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this <br />Deed of Trust. <br />d) The payment of any future advances necessary to protect the security or any future advance made at the option of the parties, with <br />interest thereon, made pursuant to paragraph 8 hereof, and <br />e) The performance of an obligation of any other person named in this Deed of Trust to a beneficiary. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS <br />FOLLOWS: <br />n <br />rn <br />n o 2 x <br />x <br />4 <br />j CZ) O --1 O <br />D <br />f�D <br />C1 <br />O <br />M '> -0 D O <br />E3 <br />M <br />200002828 W ; co <br />a <br />ED OF TRUST C.:) <br />—# <br />C-0 ca �1 <br />C <br />THIS DEED OF TRUST, made this % t4 day of Pj 1 , 2000, by and among Troy L. <br />Lyon and Sandra K. Lyon, whose mailing address 1120 W. Louise, Grand Island, NE 68801 (herein "Trustor"); <br />and James C. Stecker, Attorney at Law whose mailing address is 2420 15th St., Columbus, Nebraska (herein <br />"Trustee "); and Cliff Long, whose mailing address is 2260 25th Ave., Columbus, NE (herein "Beneficiary "). <br />FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and the trust herein created, the receipt <br />of which is hereby acknowledged, Trustor irrevocably grants, transfers, conveys, and assigns to Trustee, IN TRUST, WITH POWER <br />OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real <br />property described as follows: <br />A tract of land comprising a part of Lot Five (5), Block One (1), Windolph's Addition to the City of Grand Island, Nebraska, and more <br />particularly described as follows: <br />Beginning at a point that is Twenty Seven and Two Tenths (27.2) feet south and Eight and Five Tenths (8.5) feet west of the northeast <br />corner of said Lot Five (5); thence running northerly, parallel with the easterly lot line of said Lot Five (5), a distance of Twenty <br />Seven and Two Tenths (27.2) feet to a point on the northerly line of said Lot Five (5); thence running westerly along and upon the <br />northerly line of said Lot Five (5), a distance of Fifty Seven and Five Tenths (57.5) feet; thence running southerly along and upon the <br />westerly line of said Lot Five (5), a distance of Forty (40.0) feet; thence running easterly, a distance of Forty Eight and Five Tenths <br />(48.5) feet to a point that is Forty and Forty Four Hundredths (40.44) feet southerly from the northerly line of said Lot Five (5); <br />thence running at an angle a distance of Sixteen and Eight Hundredths (16.08) feet to the point of beginning. <br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property; all leases or <br />subleases covering the real property or any portion thereof, now or hereafter existing or entered into, and all right, title and interest of <br />Trustor thereunder; all interests, estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in <br />the real property; all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights <br />and profits, water rights and water stock; all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land <br />lying within the right -of -way of any street or highway adjoining the real property, any and all buildings, fixtures, improvements, and <br />appurtenances now or hereafter erected thereon or belonging thereto, (herein referred to as "Improvement" or "Improvements "); and <br />any and all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part <br />of the real property. <br />All of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property". <br />THIS DEED OF TRUST SHALL SECURE: <br />a) The payment of indebtedness evidenced by Trustor's note of even date herewith in the principle sum Twelve Thousand Five <br />Hundred Dollars ($12,500.00), together with interest at the rate or rates provided therein, (herein, together with any and all renewals, <br />modifications, and extensions thereof, referred to as the "Note ") both principal and interest on the Note being payable in accordance <br />with the terms set forth therein, reference to which is hereby made, the final payment of principal and interest, if not sooner paid and <br />if no renewals, modifications or extensions are made, due and payable May 1, 2005. <br />b) The performance of each agreement and covenant of Trustor herein contained; and <br />c) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this <br />Deed of Trust. <br />d) The payment of any future advances necessary to protect the security or any future advance made at the option of the parties, with <br />interest thereon, made pursuant to paragraph 8 hereof, and <br />e) The performance of an obligation of any other person named in this Deed of Trust to a beneficiary. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR HEREBY COVENANTS AND AGREES AS <br />FOLLOWS: <br />