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HOTIFICATION OF USE OF TRUST DEED
<br />TO SECURE PEPIFORMA.NCE OF OBLIGATIC -4
<br />The undersigned hereby acknowledges and understands that the document to be executed by the undersigned ,,s a trust deed aro no; a
<br />mortgage. and that the power of sale provided'lor in the trust deed provides substantially different rights and obligations to the trusto: than a
<br />mortgage in the event of a default or breach of obligation.
<br />• 89 n
<br />Dated and executed on the ___ - 16th__ . -day of __ y _ -.- ._ - -�_. -_ - . t _ per
<br />to execu;rOn of the following Trust Deed �J
<br />-- - - -- - - - - -- - - - - - - - -- -- Clargnsev.
<br />• 'ernie K. Shuda
<br />TRUST DEED
<br />THIS TR'JST DEED. made lhis 1-6th day of ____------------ -- May --- ------------ - - ---- I!1. 89
<br />by and among Clarence -L. Shuda an V_' -rnie_ K. Shuda,_ Husband_ and_ Wife---- _- .-_..-
<br />whose mail ing address is Rt. n3 Box 139E Grnad Island, _NE 68801
<br />(herein . Truster Ur1-p .aRk
<br />I. and - - -- P Y - - - -- - -- - - -- —
<br />whose madmg address is -- __008 - N_._Webb Road -__ Grand island, NE 688,03__ —
<br />(herein Trustee ).'and
<br />Union_Bank &. Trust Company__— _________�_�_ — - -- -- -
<br />-.__ —_
<br />chose mailing address -is __.2008_N-, Webb_ Road -_- __grand- . Island ,.-- NE__..6 &$03_. -_._ —_ (herein Beneficiary I
<br />FCR VALUABLE CONSIDERATION. Trustor irrevocably grants, transfers. conveys and assigns to Trustee. IN TRUST. WITH POWER OF SALE.
<br />for the bene`it and se -cunty of Beneficiary. und@r�nd sub(ect to the terms and conditions ol lhis Trust Deed. the to'.owrng described real property.
<br />loc a
<br />ated n i _ County. Nebraska
<br />Lot Twenty Two (22), in Brentwood Third Subdivision, in the City of
<br />Grand Island, Ball County, Nebraska
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<br />TOGET HER V41T Hall of We fol.ow-ny, whether now own2d or hereafter acquired. rents. profits. royalties, income and Other benefits derived Ir om
<br />the real property: all leases or subleases covering the real property or any portion thereof, at; interests. estate or other claims. b:)Ct in law and n
<br />equity in the real property. all homestead exemptions which are hereby released and waived. ail easements. rights-o!-watt. tenements
<br />hereddaments, all oil and gas rights and profits, water rights: all rir •. :, title and nterestof Trustor, in and to any land lying within the nght -o` -way cf
<br />any street or highway adjoining the real property. any and all b ridings, fixtures- improvements• and appurtenances now or hereafter erected
<br />thereon or belonging thereto, (herein referred to as "Improvement" or "improvements"). and any and all awt.rds made for the'akt ^O by eminent
<br />domain. or by any proceeding or purchase: in lieu thereol. of the whole or any part of the real property. All of the foregoing estate. proper IV and
<br />interest conveyed to Trustee herein collectively referred to as the "Property
<br />FOR THE PURPOSE OF SECURING
<br />l:il The payment of indebtednLss evidenced by TruslOfs note or guarantee ( 'Note i dated 89
<br />in the principal sum of _ #Thirty G ?9lISs3I1S�S�V1LdLS_ — 00��.1 ------ --------- ----- - - -- -- - -- — Dol:ars
<br />js X30, 00Q, QQ'^ - - - -___ _ ), Iogether with interest at the rate or rates provided itherem, and the principal and,n;e est or an i
<br />future advancers evidenced by promissory notes or guarante P.`� stVing Ir.ey are secured hereby. and any and all renewals, rnod.hcnhJns and
<br />extensions thereof, both principal anr4 -nierest being payabl,t in accordance with the tei ms sat forth therein, which by thus reference is made a part
<br />hereof
<br />(bl The perloirnance of each agreement and covenant of Trustor here n rontained, and
<br />(C) T tie payment Of any ;urn or sums of money which may be hereaftc: raid or advanced by the Beneficiary under the terms of t'i,s T ru54Deed.
<br />fogefher with interest thereon at the rate provided in the "Note
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<br />TOGET HER V41T Hall of We fol.ow-ny, whether now own2d or hereafter acquired. rents. profits. royalties, income and Other benefits derived Ir om
<br />the real property: all leases or subleases covering the real property or any portion thereof, at; interests. estate or other claims. b:)Ct in law and n
<br />equity in the real property. all homestead exemptions which are hereby released and waived. ail easements. rights-o!-watt. tenements
<br />hereddaments, all oil and gas rights and profits, water rights: all rir •. :, title and nterestof Trustor, in and to any land lying within the nght -o` -way cf
<br />any street or highway adjoining the real property. any and all b ridings, fixtures- improvements• and appurtenances now or hereafter erected
<br />thereon or belonging thereto, (herein referred to as "Improvement" or "improvements"). and any and all awt.rds made for the'akt ^O by eminent
<br />domain. or by any proceeding or purchase: in lieu thereol. of the whole or any part of the real property. All of the foregoing estate. proper IV and
<br />interest conveyed to Trustee herein collectively referred to as the "Property
<br />FOR THE PURPOSE OF SECURING
<br />l:il The payment of indebtednLss evidenced by TruslOfs note or guarantee ( 'Note i dated 89
<br />in the principal sum of _ #Thirty G ?9lISs3I1S�S�V1LdLS_ — 00��.1 ------ --------- ----- - - -- -- - -- — Dol:ars
<br />js X30, 00Q, QQ'^ - - - -___ _ ), Iogether with interest at the rate or rates provided itherem, and the principal and,n;e est or an i
<br />future advancers evidenced by promissory notes or guarante P.`� stVing Ir.ey are secured hereby. and any and all renewals, rnod.hcnhJns and
<br />extensions thereof, both principal anr4 -nierest being payabl,t in accordance with the tei ms sat forth therein, which by thus reference is made a part
<br />hereof
<br />(bl The perloirnance of each agreement and covenant of Trustor here n rontained, and
<br />(C) T tie payment Of any ;urn or sums of money which may be hereaftc: raid or advanced by the Beneficiary under the terms of t'i,s T ru54Deed.
<br />fogefher with interest thereon at the rate provided in the "Note
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