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<br /> j , . TRUSTDEED r�O��V
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<br /> ' TH1S DEED OF TRUSI;made and entered into this 3r.d �d�y��� Apri 1 y �y �0 ;
<br /> � by artd beriveenHetmut Gerber and Vfcky K. Gerber .TFU�tor,and TRW Tit1Q Insurnnce Com�,Any �_ ��•ru�tee.
<br /> �� Securitp Pacffic Ffnanefal Servicea of Ta In .- - , c� .
<br /> .-,..- .ae�'ILieClSF}Y .
<br /> WITNESSETH:That the Trustar..does by these presents gran�bar�ain an�i selt,con��ey and con!"irrri�tiicli I'uv+cr��f 1�Ir unt��thc
<br /> Trustee the fWtowing descn"bed Reat Estate arscluding all buiEdings,impmr-ements.and fixtures o!'ever} kiitd nuw ur Itcre.�fter erectYd c�r
<br /> � placed on the ceal estat�situaued�in 8a21 eounty.in tY�e 5tt�te�►t'Ncbr��k�i: . �
<br /> Lot 26, Bloek 1, Mevea lst Adci3.tfob to the Cfty of Grand islancl, Hall CouAty, �
<br /> - �tJebraska. �
<br /> and possession of said prcmises is now delivered unto said Trristee;
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<br /> ' � . .. TO HAVE AND TO HOLD the same.with alJ rights,pri�iteges,and appurtenances thereto bcionging unt�the Trustee,his cxrruturs.
<br /> :..:,�:administrato�s,heirs,and assigns forever.� And�the Trustor hereby expressly waives,reieasc�s.and,relinquishes unto the Tiustcc ali right.
<br /> . � - :titte,ciaim,interest,6enefi�and estate wEia¢ever,in and to the above-described premises and ea�tt and every pan there�f;ahich is given
<br /> � �'-.hy or resmr�s from all laws of the State of Nebraska pertainin�to the exemptian of humestead.And th2 Trustor�covenants with thc Trutitee
<br /> � .L`tat he.Rti�F forever warrant and defend the title to the same against the lawful claims of al(perst�ns�r homsoe�tir: � •
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<br /> � ' ; IN TRUST HOWEVER.for the foltowing described purposes:To secure fult anc� ptampt perfocmance of all the terms and condi-
<br /> zions of th�t
<br /> Q Revolving Loan Agreement of even date herewith (inctuding particulsrS�, but not exclas3vely, pmmpt pay�mem��f all tiums .
<br /> � which are or may became payable from time to time thereunder)and any extensions,ren;�tiaFs.modi�catians or r��ntncin�s thereuf.
<br /> which Revolving Loan Agreement obligates Beneficiary, subject to t►te coriditions staird therein, to aclvance t� Trustor up ta
<br /> � _ $ .plus finance and other charges. (or) �'
<br /> 20800.0� `--,-'=:
<br /> � Note of even date herewith. in the principal sum af U.S.� payablc in manth{y �installments aF prinripal :—
<br /> � . �.m�i interest,with the balance of the indebiedness,if not sooner paid,due dnd payable c�n •4/03/OS . �� . ���
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<br /> �����agreed by and between parties hereto that until filing oi' N�tice ai' DePault, thc Trustor shall:l l) pay �d1 present and fwure
<br /> ' . ;axes area��ss:ssments.general and special,against said praperty befi�re the same becames delinquent or actionable:t 2)keep all impruve- I
<br /> ��n��e�*= on the land insured as may be required f'rom time ta time by beneficiary against tass by fire and nther h��zardti,casualties �
<br /> '"..+ri�yA::IlI:pC(ICIeS, in such amaunts and for such ner�odti us arc� reu,unahle and may be required hy beneficiaty,and ro kecp al( p��licies 4 �
<br /> �'i sc:��r ��?�raranee in force or effeet upon the pr�periy herein descrihed constantly assigned and deliveRd to hene�iciary; �;1 p,�y .�nd ��'
<br /> ��^:�:y �au`:�al! the terms and conditions af any lien,claim or irtc�ebtedness that may he senior tc�ur t:�ke precedertce aver thi�7�rust ,.�.
<br /> �e:,��s�:.��c-�,as any such payment an or of tiuch lien,claim ur indebiectness shall becume due: uttd upon failure uf 7�urt�•ir t�i kecp -
<br /> r�^41 �u-�;��reements, beneficiary may pay such tax, pay fc�r �urh insurancr ur p�>>• off' such liens ar claims i�r indebtedne�s as thc r�se � �
<br /> -:.�y �e,a�d the me:�c:, so expended,with interest al y/,per cmnum,shall be tiecured by this Tru�t Uee�,aud the�'ru~tar agrec�tu rrpay
<br /> ��:sact�ue�.:�inn demand,and upon failure to do so the balance uf the attached nute shall become immedi,�tely clue and payable�n tF�e
<br /> �,'•s�a o`�:�: beneficiary:(4)specificalty canter upon the 7iustcr the power uf�ile as provided in Nchr�tika Ia�v:15� rc�tain pu�tictitiiim
<br /> c��Ehe�r�^�ses and collect ihe renGs and revenues thereProm.
<br /> �:�:;r.r�Saymerx��;a;t the s�ms secured by this Trutit beed.the Beneficiary sf�tdl rcyuc.rt the't'rustee tv rrconvey thc prapcnq :+nd
<br /> sh�ll��:-°�E[-�i�r thss.'�r:::' ��:;�ar,�•ali notes evidencing indehtedne���ecuee� hy �h�ti Irutit U��Q t��tlie'iru.I�ur. Iru,tcr �h,�ll rrr��u�r?.
<br /> the pro;�e:��y" �:t�,:.�t�a�a-r2;;y to the perscm or persnns legally entitled U�e�•etu: hut it' dcfa��lt hr ma�lr in tiir p,i}nrent �,f'..ii�l ii„tc ur
<br /> any part���r:��f e�.;:�; �;i the interest thereon whcn duc��r in the faithi'ul pertiumancc��t�any ��r rithcr ��l�tiaid agrecmeniti as;d��resaid.
<br /> then the �_�:;,'e c�; 4:��;�:�ote sha11 become due und be paid as hettinuf'ter pr�,vitted,and this �lccd stu,�!! ren�ain in fi►rec: tlir 'Irutitce� �►r
<br /> h(S attome�:..s*.dy proCeed 4o seit :�e property in its entirety ur in puYC�lti at the��pti�,n ��P �he fru�ICC hereinhcti,rr dr,cr�hr�! ,�t puhlic
<br /> suctian.2•:�;T.� highest '�:Cc:er. fc�cash. Nowever, the powcr ��f saln c�rcin c��nfcrrc�d upun the �lr��stcr �h:tll,n��t he .•terE��r�l untrt f t) ��� -•�
<br /> the Truste:�,��11•�;SC fi`� �:.r ��.v�d. in the of�ce ��f the regititcr ��1� derdr „f c�ich cui�nl� «licrrin �fic• i�u,i ��i���,ui�< <,i tiu���e p,nE ��r .
<br /> parce)there•�:'is�ic��r�.�'...��*;;tice of default, identil'ying the"trustce Esy stati��;the nantrs��f' thc Tru.�t��r:u��t nantcs thercin.�nd�ivin�
<br /> thc bunk ar�fi�aB�.a�,r:t:°�5<i,M��is recorded,a descriptiun of the trust pruperty.and rnntainm�;a:tatcmrnt that a i�rracl���t'an�,lrl�lu�lu�u
<br /> . lat whieh _�t!:,e?rusf.�stnperi}.��'r_Uill�Qy�t1�SSEC!llety �t.es�u�:��rref#. �i:�c�:s;��ie�;fi�rii� tf,c uatt�r�nf'sucir hricfi ;111�f iiF fRi�t`.It'�ii��1� ti� .
<br /> sCll Ut Cau�:tt�be 5�5.�,SUCh ;n;•�.'t.'Tty t(1 kltisfy lhe c�bligalicnt:und.4'1 aftcr tlte I.i��,c.ut 111U (l'?`.[IlJR ttpll' IFIEf�t1�1. lllt' I{'li�ltf•�h�ill ��;�e• �'
<br /> rtuticc of sao::3�pr�•si�1'�:�,� 'oy �xoraska law. Af[cr nutic�ciP defa�ilt ;�ntl laprc��t n��t Ic,� tl�,�n�m� nua?th. thr ltu,ict .h,ii! t�i<< «rittcn f'�•
<br /> � nutice��f the :;��: �^�I �i.�le ('� S�1It' �/;1(UCUIiltly dCSetibiq� !hG�pYu(iCrl} ttn c� ���tc4 liy �ili��l��'.�li��l! �rt �UC�t Narf��C. ,tf fC.IrF fl�t' tttnc'i. ��
<br /> �nce a week F,,,,,' �fVC.:2ifSt'Cl;:l':� .��Ckti.thc last puhlicatum ti, hl'�II �C11ti1 �11 Q�ti� �,t�f il��} ��t��1C I��.u� 1!!Il,�t. ��t���E f�i (lir ,.�li'_ eti u�tE�C �t
<br /> ncwtipuper h�'�':'r, il�11efidl Ctf1;U�ttOR Z�. CilC�l Ct/U11/) III «'�llCfl l�ll' (�it�(�tPl� lt� �t iu�L�. ut ti�ti(IIL' �.I{1 t�it'tt'r�� t.��It611c'�� � �intt�t�c�� h
<br />_ tiale. the �rutitee `+i?M��..��CCtli� ���_delivcr J (IC�d OF l'��1riC}.IItC� tr) (�1C (�f1�t�Cfl� ti�r�i� I+t (�IC (tltfCFt.�•.CI !+� F�lli� �I.hClr Ilti'�C��I ,IHi� �Itt� �{j'!i
<br /> ti��t�CI11CF)I i�f fCfi1.SI�[+� li�a�;e"tli ii�.'�Y lIL't(�lt1 TfI�'Itff111[(Y(�Il l'tt'fl'1:�t�{ t�1C[�:titttf ��� ti;�[L J!Ilf i.1�C itt C�1��`(�;k�_•il� tj.•.�et(��el lit:'1:•tt: `!r<�Ilf�iEil _+^E
<br /> fec�4als 4bnrernii�f' '4^i,.+'[:';;5,;':�?per�,c,�r�l c}eiivery .111(� �tU�t�it11�H�lt f�'; TfiC IIi�Fffl` t�� tiC�dt1�� .R�i ��r,�ri�u�:.��,�t rr�.� ����r�i��.,�,..:, .,,,�� (a�.itlfC ?
<br />. n) nultre�,f kde.:lf:�tj'�:`��'ts;•,� • +{ ltU�C tIt1�Q}di.! cif��i'Yii� �il � .
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