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<br />DEED OF TRUST
<br />89-..1-0x,090
<br />Tnis Deed of Trust is made this 97th day of Fphr���.ry 19 gq, by and among
<br />TED V. HESSF! f ES5ER ANn SUSAN As HFSSC`Ir.FSSFR, himhanri and h,9fo
<br />hereirafter referred to as Trustor, whose mailing address is .3.444 i�r��r- S _n ley PorkRoad
<br />Grand Island, N AREND R. MACK, Attorney at Law, hereirafter referred to as "Ti
<br />whose mailing address is P. 0. Box 790, Grand Island, Nebraska 68802; and HOME FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to. as "Beneficiary,"
<br />whose mailing address is 221 South Locust Street, P. D. Box 1009, Grand Island, Nebraska
<br />68802.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and
<br />assigns to Trustee, in trust, with power of sale, for the benefit and security of Bene-
<br />ficiary, under and subject- to the terms and conditions of this Deed of Trust, the fol-
<br />laLairg described property, located in HALL County, Nebraska, to- wit:.,
<br />PARCEL:: ': %a:
<br />at, Two (2), ir;:;i t='e.; :SukivisioR, in thtr :pity of Grand Island,
<br />Hall C#.;j:.b41ia."
<br />nARCEL Lots ";t).m'i c r; {i" .7, Twelve` "(I2)r 'u;`��'t4ate� {13), 'except,', East x.2.78
<br />feet .af,.; L i;ts Tdwelve (i2 xad .thirteen (13�,.. ahrirk and , aesenhagen 6�i 64A aitiriivi-
<br />sion,:.T:ia 1 County, Nebi4,0 �.
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />easements, rights, privileges and appurtenances located thereon or in any way pertaining
<br />thereto, and the rents, issues, profits, reversions and the remainders thereof, includ-
<br />ing all such personal property that is attached to the improvements so as to constitute
<br />a fixture, all of which, including replacements and additions thereto, are hereby de-
<br />clared to be a part of the real estate conveyed in trust hereby, it being agreed that
<br />all of the foregoing shall be hereirafter referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING:
<br />(a) the payment of irdebtedress evidenced by Trustorrs ` "r:,;�:�_. T1 'ever date herewith
<br />in the principal sum of ONE HUNDRED EIGHT THOUSAND AND ------- - - - - --
<br />�,$ 108,000.00_), together with the balance of such lndebt6dness, if not sooner
<br />acid, due and payable on April 1 , 1994 ; with interest at the rate or rates
<br />provided therein., along ;with the payment of all other sums, w:th interest thereon.,
<br />advanced in accordance herewith to protect the security of this Deed of Trust,
<br />�.:.. together with the principal and interest or. any future advance as evidenced by
<br />promissory rotes stating they are secured hereby, anti "any and all renewals, modifi-
<br />cations and extersiors of such notes, both principal and interest or. the rotes
<br />being payable in accordance with the terms set forth therein,, which by this refer-
<br />ence is hereby made a part hereof. The holder hereof shall have the option to
<br />accelerate the maturity of the rote for which this mortgage is giver. as security,
<br />at any time after the NA loan, year after first giving the undersigned or
<br />the then owner of the premises described herein a written notice three morths
<br />in advance of its intent to do so. At ro time shall the principal amount of the
<br />indebtedness secured by this Deed of Trust, not including sums advanced in accord-
<br />arce herew t.h to protect thesecurity of the Deed of Trust, exceed the original
<br />amount of the hots plus $ 0.00 3.
<br />(b) the merfc`-rinar?ce of each agree�;a= t and , ccuerarV & Trustor hereir contained;
<br />and
<br />(c) the payment of afiy sum or sums of money which may be hereafter paid or advanced
<br />by 6ereficiary, under the terms of this Deed of Trust, together with interest thereon
<br />at the rate provided in the rote.
<br />To protect the security of this Deed of Trust, Trustor hereby coverarts and agrees
<br />as fcsiln•�s: .
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