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<br />03827
<br />NOTIFICATION OF USE OF TRUST DEED
<br />TO SECURE PERFORMANCE OF OBLIGATION
<br />The undersigned hereby acknowledges and understands that the document to be executed by the undersigned is a trust deed and not a
<br />mortgage, and that the power of sate provtded for in the trust deed provides substantially different rights and obligations to the Iruslor than a
<br />nlor/gage In the event of a default or breach of obligation.
<br />Dated and executed on the _ -- -21st -- -._ day of . -- _ -. _ _ -- June: _ , 19 89- . Prior
<br />to execution of the following Trust Deed
<br />-Ld SL
<br />i
<br />Sheryl A. undage
<br />TRUST DEED
<br />THIS TRUST DEED, made this _ __ 219t ---..day o1 June
<br />by and among RQi��S1%1.�r» adage and �Shet�zl�. >I,tadage.�{,•�►�nd_t3md_iiife
<br />whose mailing address is __ Rt • ill Box 80 Cairo, N$:_ w68824:
<br />fherein . Trustor" j. and Union Bank d{ Trust Coa_pany of Grand Island
<br />—r--
<br />whotie a;:ailing address is 2008 N. Webb Road � Grand island. p VE ';b W3
<br />fherelm°'i%crgtto'); and _. Union Bea* & Try t;•CQM_"A_y._0f- Gr_a>nd and
<br />-
<br />whose Mailing address is _. _ 2C N. Yebh Ro&4 � rraftd T_yh.nd, NR 68803 f herein " Beneficlary-1.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably §rants. transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE,
<br />for the ben rtir� 1 isec4rilyofBeneficiary,unda-, and. subiecttothetermsAndconditionsof thisTrustDeed. theto !lowingdescribedrealproperty,
<br />located in w _— Co%tniy: Nebraska:
<br />A rt of the last Half of the North Half of the • Kai- thweat Quarter
<br />(ErjNW}) of Section Twenty -One (21), Township T%+elve (12)'9 orth';,: ..
<br />-- -'- -- - -
<br />U011W Awcav= ti- 'virwou Va usaw -vcsr s i' {-r0 #-'*80&& 1Iii . G... _- - - -- - - - -- -- - - - -- - --` --
<br />particularly described as followst Beginning at a point at the'`
<br />Northeast Corner of the Northwest Quarter of said Section, thence..'westerly
<br />a1 u �L 71��e Said. - C..,.�.iww AfiCtr,a c f 11.rce Hundred Sixxtu
<br />avua the isiisess asosc vs +r..■..�es�s ..it. Ce .....L .... a
<br />(360) feet; thence southerly, perpendicular to said North line, a distance
<br />of Three Hundred Sixty (360) feet; thence easterly, parallel to said North
<br />Section line, a."distance of Three Hundred Sixty (360) feet; thence
<br />Northerly, perptrltdicular to said North Section line, a distance of Three
<br />Hundred Sixty. (3(770) feet, to the point of beginning.
<br />i
<br />TOGETHER WITH all of the following, whether now owned or hereafter acquired: rents, profits. royalties. income and other boirietits derived from
<br />the real property. all leases or subleases covering the real property or any portion thereof: all interests, estate or other claimill. :b4tth in law and in
<br />equdy in the real property: all homestead exemptions which are hereby released and waived: all easements. rights•dt.'way. tenements.
<br />hereddaareMs: all oil andgas rights and profcts.water rights: all right. title and interest of Trustor, in and to any land lying within the right- of,way of
<br />any street or highway adjoining the real property: any and all buildings, fixtures. improvements, and appurtenances now er hereafter erected
<br />thereon or belonging thereto. (herein referred to as "Improvement" or ' Improvements ):and any and all awards made for the taking by eminent
<br />domain, or by any proceeding oc purchase in lieu thereof. of the whole or any part of the real property. Allot the foregoing estate, property and
<br />interest conveyed to Trustee herein collecfevety referred to as the "Property
<br />i
<br />FOR THE PURPOSE OF SECURING
<br />(al The payment of indebtedness evidenced by Irustors note or guarantee I 'Note ) dated _._ - •June_ 21. ___ -_ 19 89
<br />in the principal sum of .. _'FTen_thousand dollars_ &.- OJ100!F -. -. -.
<br />1. together with interest at the r3teor rates provided thereo n. and the prmc;pai and interest tin, iny
<br />future advances evidenced by promissory notes or guarantees stating they ate secured hereby. and any and ail renewals mcdd r,ahnny °id
<br />extension , ftsilrot, bothprirG ipalandinterest beingpayableinaccordancewiththeletinssetlotthtnerein which byl tits iMerenct-,5madoapari
<br />i
<br />hereof
<br />it), Tite yerfNfrarce of cacn agreement crif covenant of Trustor herein cor.:a ned and
<br />i Tt ,. parmer1 (it ;,n j Sun i:r ! Jrtin r t r. ^.gnt•r *hiCh may be 1`e1e.al!r;1 p,r :I r,r sfl+.0 r -r r! h y •',r i3enp1 ,�e y :etch r ri r {,. •,.. .' ! r c'. ;
<br />' :it;i"rr M ;r. 'r.r� •:,{ rhL,iefw ::f t "o r,�IU wc4 de:t in me, Nato
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