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<br />A
<br />TRUST DEED
<br />_009.818
<br />THIS 1RUST.DEED, made�..thi ' a 12 day of September.
<br />between Raymond J., Beran 0_1 =e a n R . Beran, husband and -wife,
<br />hereinafter called TRUSTOR whoae.address is 2307 Arrowhead Road, Grand
<br />Island, Nebraska F.* S. Cassman, Attorney -at -Law f —7
<br />.as TRUSTEE, and Americai�Savings Company, a.Corporation organized and- -
<br />�Xisting
<br />,.under the laws of the State of Nebraska, as BENEFICIARY,
<br />WITNESSETH: That -TRUSTOR CONVEYS,.SELLS AND WARRANTS TO TRUSTEE IN . TRUST, WITH
<br />'POWER OF SALE, the.following described property,,situafed in
<br />Hall
<br />County, Nebraska:
<br />Lot Nine (9) in Block Two (2) of Replat-of.Riv'ersMe Acres, an
<br />Addition to the City of Grand Island, Hall County,.Neb-raska
<br />.The intention being to.,convey hereby an abso,
<br />lute title in fee simpl4e,.includi'n3
<br />all the rights of homestead and dower, together with al
<br />I buildings, fiXLures,
<br />..improvements and appurtenances thereunto belonging,
<br />The TRUSTOR covenants and agrees with the said TRUSTEE and BENEFI�,IARY that it
<br />As -lawfully seized of said premises; that it has goo ' d right and lawful authority
<br />Ag -s . ell and convey sAid premises, that,said,premises are free and clear of all
<br />liens and encumbrances' except liens now of record and that TRUSTOR will warrant
<br />and defend the title to said
<br />premises unto the TRUSTEE and -his successors and
<br />assigns forever, against the claims 'of all persons,
<br />FOR THE PURPOSE OF SECURING performance of each agreemen t of-IRUSTOR herein con-
<br />tained'.and the payment of the principal sum of Eighteen Thousand Five Hundred
<br />Ninety -Nine and 44/100,1 -18,599 -AQ -------------
<br />..ZzaF .
<br />as evidenced by a promissory note bearing &van dateAat the -rates of'interest pro-
<br />..vi.8ed therein;*both principal sum and intere'.st thereon being payable in monthly
<br />installments at the time ' s and in the amounts'set forth in said promissory note
<br />�reference to which is hereby made, at the office of BENEFICIARY in Omaha, Nebraska
<br />or..at.such other place as the holder may designate in writing, the . final payme . nt
<br />of principal and interest,, if not soonerpaid,�'shall be due and payable an
<br />October 15, 1978 -
<br />It is agreed by and between the parties hereto that until filing of Notice of
<br />Pefault, the IRUSTOR-shall
<br />"A. Retain possession of the premises and collect the rents and revenues-theren.
<br />1rom. B. Maintain the buildings and improvements located thereon in good con-
<br />-.,'dition and repair. C..'Pay all taxes and.special assessments levi�-d or assessed
<br />.-akainst or due upon said premises before delinquency, and to deliver to BENEF'ICIARY
<br />.�.copies Of receipts showing payment of such taxes. D. Procure and"naintain poli-
<br />cies of insurance against the usual hazards.of fire, hail, windstorm and other.
<br />similar risks, in sums acceptable to the, BENEFICIARY, -w.it,h loss payable to the
<br />parties as 'their interest may appear. -E. Make all payments of interest and
<br />principal and other charges and fees And exp I enses contracted to be paid to any
<br />existing lien'holder or prior beneficiary under any prior Deed of1ru'st, before
<br />the date they are delinquent. F. Agree.that this Trust Deed shall inot stand
<br />Wq security for any and alf aCy—ances.made to -the maker not to exc-e-e727
<br />120% of the orig�inal principal of the:loan.
<br />In1th6 event that TRUSTOR shall fail to procure ouch insurance.or to pay such
<br />taxes or to make ouch payments to.such existing or prior lienholder or beneficiary,
<br />the BENEFICIARY
<br />may make.,ouch'payments and the mums so advanced with interest at
<br />...the same rates. -as are provided in said note. -shall be paid by TRUSTEE and this
<br />Trust Deed shall stand,as security for the same.
<br />(continued from above)
<br />of October.15,. 1974,,given by Travelers Host, Inc.and guaranteed
<br />by'Ray J. Beran *and Jean R. Beran
<br />
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