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<br /> .. ° � � ' THI3 DffiD OF TItUS'P is made ss of theG� of . . .�299Q, by � � . �., , .
<br /> � . `% ° and aman� R11I,PH E. GET� arrd �IA�tON !!. , hn w e. �, � . .
<br /> ". .' _ " ' . � �TRiT�Rj,'sritosa�taailitig'a3aress;is �6;-Vf� T�ivoli, ��d Zsland, NabrasDca' � --- .. . _ --
<br /> '' � . 68803; � • � ' �
<br /> �, ;'s. . �atid �It70R NATIONAL TITI,� ��ISUItANCE.WMP7l�1Y (TRiJST�), wlxo�e�mailing address . .
<br /> . � fe: P. O. Hox�627,` Gz�nd Zsland.� Tiebraska 688Q2; E_ � . ,
<br /> .. � , � end ROBER� J. C,d1RRT�R and PEGGY �iJE CAT�POOL. as joinX ten�nts fHE�,"EFICIARY), � . .
<br /> ._ .i � , � • whose m,aflinq ac'[�ress is 2415 Dei Konte, Granc� island, Nebraska'�88fl3. ' � °'
<br /> � y�
<br /> ��,:�� A � �, 1�OR VALUaBLE CBFSIDEEt�lTION. Trustor irrevocably t�ansfers; c�s�veys, and � �
<br /> ass.�gns to Tx�.tstee, IN TRUST, WITH P(yt�fER OF sALE, for the benefit and secnritp
<br /> � . � , of Beneficiary, under attd sub�ect. to the terms and conditions of this Deed af �
<br /> q Tr118tr the rea3 property lacated is� the City of Grand Island, County of
<br /> _ . Hall, Stete of �1ebr�sska, and leyally dascribac3 aa follos�s: (.Lhe "Propert�"): . � .
<br /> ' . Eot Six (6), Hlcck c�n.e (1), in Continental Gardens, an �
<br /> �. ` Addition to the,City of Gran�i Island, Hal�. Couaty, .
<br /> ! � Nebraska.� . .
<br /> r . .
<br /> �
<br /> ` TOGETHER �tITti all reats, eas�ments, appurtenances, hereditaments, • �
<br /> ; • �interests in'adjoining roads, streets and alleys, improvements anc7.buildfnqs � .
<br /> � of any kind situat�d thereott and all personal property that may be or . _ °
<br /> hereafter became an integral part af such buildings and improvementa. ' `
<br /> . , �y
<br /> � ' , 3.'he property artd the entfra eatate and intereat conc�ed to the Trustee �""�E
<br /> � are referred to colleatively as the "Trust Estate". � �
<br /> . � .��
<br /> ' ' FOR THE r�URPOSE OF SECURING: � �
<br /> f-
<br /> : a. Payment of indebt+�dness in the total princigal emount of �74,000.00
<br /> aith intereat thereon, as evidenced by the cer�ain Pramissory Note of even
<br /> � date (the "Note") with a maturity date af luly i, 2020, executed hy Truator,
<br /> which has been delfv�red and is pxyable to the order of �eaeficiarg, and whi�h
<br /> � by this reference is hereby made a part hereof, and any and allrcoa:fications, -
<br /> . extensions and renewals thereof, and, �
<br /> ' b. Payment af al'1 sums advaneed by Beneficiary t� prntect the Tsuat
<br /> � . Eatate, with intereat `!:+erean et the .rate of ten (ld) percent per annum.
<br /> � � This Qeet� af Trust, the Ko�e, and any other instrument given to evidence
<br /> •. ' ox further secure the paymant ar.d perfarmarice of any obligation eece�red hexeLy -
<br /> . are r�ferred to collectfvely as the "I.Qan Instrwnentx". .
<br /> � . r ' TO PROfiECT THE SLCURITY OF T`�iIS D�BD 0$ TR11ST: �� "�;
<br /> � � ' 1. PAY[��VT OF INDEBTEDYE85. Trustor chaii �ay when dup the principal . � ' �:
<br /> ' ' of, and the n ores on, e ir. e tednesa ovidenced by the Note, charges, fees �."�"
<br /> ' end elI oih�r sums as. provided in the Laan Ynntrumenta. �
<br /> „ 2. TAXES AND HOMEO'�INERS' ASSESSMERTS. Trustor �ha1L pay each month ,
<br /> ; at the time przr.c p� en n eres paxmen s ere cr�de ane-ts�elfth .(1/12) af tha
<br /> �, eetimated annua2 reg� estate taxes anc� hameawners° assessments. Beneficiary � � �-
<br /> shall then pay the real eatata taxea and homeowners' assessnbnts hefore Lhe
<br /> • eame beceme delinquant an8 �hall provide Trustar with evidence of payment of
<br /> .. the same. In the e�enC that thQ re�l �stato taxes or homeown�r�' as�essments
<br /> • � shauld increr�se, the Truator agrees to malce an additional peyment sufffcient
<br /> .� to Cdver pbym�nt o£ such taxe� and acsQCSm+ents. •
<br /> . 3. 2NSilRANC� ANU REPA�RS. TruEtvr shall pay at the t�ime prfncip�l and .
<br /> interest paymen s are ma e eac montti vne �welfth (1/]2) of the �stitnated
<br /> ennqal premium coet for fiee and extended caverage insur�nce, ins�ring the
<br /> huilc�ings, constituti.ng tho trust estate for an �ount no 3ess that. the amount �
<br /> di the r�placement valnc� of th� buil�if�g�. fienefic:f�ry �hall pay thv premfums �_:_�..�---
<br /> , - £c�r �n�in��ir�iac� :,ucn policy anc3 sicali previd� Trubtur witit tvitlanc� of . .
<br /> insurance premrurn paya�ente each y�ax. Snch insurance po�icx shail CpYttl�Ii1 a .
<br /> . stand�rd mortqage clextse �n favor of Beneficiary at�d shr�Il not be c�rtcellable, . , _
<br /> -" �"� - .� � � � texmin�ble or modifiaFilo Wi[fiout teri (IO) days prib�` trsg's�ten fiotf�6 t�i '['fv�t�� ' `
<br /> atid Ben�ficiary. Trus�vr shell promptly �epasr, m.ai�n�i�in and r.ep?�c� th� • . '
<br /> • � TYUSC �SLAtQ or any pa�t thereof sc that, except f'vr c�rdinary wear and tear,
<br /> • the �'rust Estete �shel2 rtat detariarate. in no event sha21 th� 'Trustor coircnit
<br /> �' waste an or to the T'rns� �state.
<br /> • � In ad�9ftirsn to c:asur�l.ty insv�rartca, `Crust4r shal I �ay, r�t tho i.trt;�
<br /> principr�l and Interest poyments are cn�de, nne-twQlfth (I f 12} c�f the annuu.I e�
<br /> - prcmium £ar comprahan�iv� 1i�bil,itg insarance �overin� t:he prer*rises �nd ,
<br /> � pratactiag tfie TrU9t4Y t►iici-Senefieiary frofn aL� c�aiins, de�an�s, �awsuits an�i ' -
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