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<br />NOTIFICATION OF US& OF TRUST ;Z .Ii CORDED
<br />TO SECURE PERFOi1MA� CE OF OBLIGATION "101803
<br />The undersigned hereby acknowledges and u:rd•elstaniss trat lete document to be executr3t� ~a�?.,tM�;i?iizt� rat j��i � a trust deed anr; not a
<br />mortgage, and that the power of sac!e provided for in 11" trust crests pr"ldas substantially diffei'*" to the truster than a
<br />mortgage in the event of a default or breach of ebhgatfrn
<br />Dated and executed on the _ ._ .3.1st day a! _March , 1s-89_ _ _, prior
<br />to lion of
<br />R uer? ! v:
<br />Nina J. Rau" . ;
<br />TRUST DEED
<br />THiS TRUST DEED. made this _ _. . 31st day o! .- __ ._ _. MUM11
<br />y g Robert R. Rauert and Nina..I ' Rauert, - lusbartd ncLiJ '. r:
<br />b and among
<br />a.
<br />whose mailing address is gtr L– Box 313A- Grand.-Island, r 68$01
<br />(herein " Trustor" ): and Howard
<br />whose mailing address is Grand Island, -NE— fi8802
<br />(herein "Trustee'); and — Union Bank & Trust Canpany of Grand . island
<br />whose mailing address is 2005 N • Webb_ Roia+ir_Grnad Island-, NE gr T; aciary"►.
<br />FOR VALUABLE CONSIDERATION. Trustorirrevf,c atilt grints, transfers, convoys and assigns toTrustee.lhF �?s5S?f,S1ai�! =i:C VEGOFSALE,
<br />! i= tbe benefit and security ofBeneficiary ,y�rdj , anm sfgLtip efto the terms and conditions of this Trust Deed. the folfo,+i %dcs'4'CUc37au: property..
<br />tracat- od'i^t
<br />.East Half of the Southwest Quarter (El SW}) of Section Fifteen (15),.iz Towfts�P'
<br />Twin: ve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebms' kw"a,*t4: Tb-- '
<br />East Half of the Southwest Quarte>` (Ez SW;) and the Southeast Quarter (SEJ)„ aLl It
<br />Section Sixteen (16), Township Twttilve (12) North, Range Ten (10) West of the G-rh`y.'f .,
<br />in Hall County, Nebraska, excepting a tract of land consisting of the soutli:Cli iy ;L
<br />feet of the westerly 670 feet of ."the Southwest Quarter of the Southeast Quanta=
<br />of Section Sixteen (16). Township Twelve (12) North, Range Ten (10) West of tlre•`ftf
<br />P.M., Hall County,; crab -aska. " .
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<br />TOOET'M5I';4lTH all of the following, whether now owned or hereafter acquired, routs. profits, ruyaitios, mcorne and other benefits dernvec lA 7:T,
<br />the raet C7tCp tltJ: all leases or Subleases covering the real property or any portion Itioroof, all +nturo5ts. estate Of 011101 claims, both in law antic'..
<br />equity In'jli+. Baal property; all homestead exemptions which are hereby roleaso(i anti waivud all easuinunts. rights -of -way, tenemer%k,
<br />;loil �tpt57isrights and plotits, water rights, all right. bile and interest of Truster. mandtn Amy land tyingwithmthe right -of -way ci•
<br />`Yiddetpr M14111vali hti(tl +ning the nJar'property. any and all buildings. fixtures, nnprnvPni it , mid appivionance , now or hereafter erecte ;,.
<br />lhere7rrncluifctrr�+ ng{hitasto.(hard+rtr3lrerr0dtoas "Improvement or ImprovonWrit:: 1 4111(tally,11"falt auai ill. !nado for IN? taking byernmen.
<br />domairi,orby, of IM4:113:50 in lieu thereof, of the whole or any part of trio roal ptupvtIV Air of slit! Ioreyo4nq estate. property aro'
<br />interest ccttueyed to Tr:.Wleitr herein collectively raterred to as the property
<br />FOR THE PURPOSE. or Si CURING:
<br />fa► The payment of indebtedness evidenced by Trustor s note of gurrtantee 1 Wute I tf,,tetf March 31 19 89
<br />in the prinC+pV r,.wnot !QR!P hundred twenty five tht)u5;lnd do] &,W /100* _ . e,1f r,; ..
<br />1S_ *125,- � .._. — -- f, togelher with utterestatlot (- Fate Orr,ier.iM,-- bvitr„•n: n ,u 41!114 win p,ildnd d +4r44Stttrlany
<br />Iuturr► advances ovidenced by promissory notes or guaranteos stalmll Itiev :ne f.crlaw# heluhy of 1, 1 ,1n uvrr� „!I!: mr,d4hrat.cns and
<br />ex ton sionslhoif; nf. tSr1lhprt ncf pal and interest being p ayabieln arc ur flan c.rvi t!ilnr t +4n4,:•,r•tf „fp l! 4•r„ . f, 4, !.1,111, ,r,,!i.rr4nce, , t,i11r•:�part c
<br />horeat. '
<br />!bl Tmt,- pfid.:.tmanre of each agmement and covenant of Trustoi tit`teul ((,nt,w.v 1
<br />s
<br />f.`I lid +lx y' T10nf of any surn or sums of money v41110; rr,ay br: fieft'aftEir p:t,4l , •4 t lv 1e , . f f ! 4 •,• H, 4, i f t t i
<br />S i;�y „f'l;tirlf :r�!(ntntere,l thori?0n atl11R ratt3 prov4iledr,. thE• iJott•
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