|
�--- RE EV FC80501I (34M)
<br />RECORD .05827 1 012
<br />0056 Farm cowl Dlel"I — '1 t% An L-^
<br />ACKNOWLi00MENT:
<br />The undersigned Trusix(s) hereby wkw*ledges and understands that (a) the security document below to be executed is a Trust Deed. and not a
<br />nwlgspa and (b) the power of eats provkied for in the Trust Dead provides substantially different rob and ob4adma to the Trusbr(a) than a
<br />nwrpapa in the event of a default or breach of obligation. The Trusts r(s) hrtlter represents and agrees that eds owdlos icin has been read and
<br />exaauMd N emu &KIlp the Truslora' execution of the billowing Truitt Deed.
<br />sc Alfrep F. Trausch, Jr.
<br />,�- T BE SIGNED PRIOR TO EXECUTION OF TRUST DEED.
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />T11k That Dead and Assignment d Rena 1-10' - b in the above adMwle*nwrt Is made 0" 23rd day of
<br />to _ M, by ind Alfred F. Trausch and Florence F. Trausch.
<br />tusband and ife) and Alfred F. Trausch, Jr., tutatarried
<br />•TrostM*r whose msifirg address Is send
<br />'arm Credit Bank of Omaha 'Trust",' whose malting address is
<br />;Q6 gouth ] and Farm C yndi ?ank of Amara
<br />• Bensafty,- whose mailing adrk a Is 2013 Scutt pith Street, Omsha. Nebraska 68102, in considerauon of the advance by Beneficiary to Trusw(s) d
<br />to; PW sum sno0had below. go receipt d which is hereby mil. and any hrilxe. additicbW,, or protective advances made to or an behalf e
<br />Tnuabr(s) at Bona s option. Ttustor(e) irtwocaby, transfer, cmiump and assigns to Trustee, IN TRUST. WITH POWER OF SALE, for the benefit
<br />arld a@=* of Beneficiary. its evocessas and assigns, under and subject b to W mns OM conditions Of this Tmat Deed, the property, located in
<br />Ha11 County, State of Nebraska. and desaibed as Idaws:
<br />&� IwRr Bp.
<br />i
<br />Plat of 8 t,1 compriSiRg a Part of the
<br />ress of 1a-t
<br />SE 1/4 NE 1/�► ---. �w _��---------------------- - - - -_. _..� 1 1ON 12W 6th P.M.
<br />more particularly described as follows: Beginning at the
<br />1
<br />southeast corner of said NE V4; ►4; thence nortbe'rly along
<br />;
<br />the east 1:1;x: of said Secti, -., 1, a distance of +50.0 feet;
<br />!-
<br />thence westerly parallel to the south line of said NB t.-4,
<br />a distance of 285.0 feet to the ACTUAL place of beginning;
<br />'
<br />thence continuing westerly along the last: described
<br />.
<br />course, a distance of 225.0 feet; thence southerly
<br />_
<br />parallel to the east line of said NE 1/4, a distance of
<br />#
<br />2 5.0 feet; thence eaflecting left 134056146" and running
<br />northeasterly, a diWzirnce of 317.99 feet to the ACTUAL
<br />plate of beginning and containing 0.581 acres more or less.
<br />:..
<br />IS IS A SUPPLEMENTAL TRUST DEED AND ASSIGWW.h I OF RENTS TO SI;,P: °LEftENT TILE TRUST DEED AND
<br />SIGNMENT OF RENTS RECORDED AS DOCUMENT No. 87- 105758 OF TI1C TEA). ESTATE RECORDS OF HALL CO
<br />TY,
<br />NEBRASKA., THIS SUPPLEMENTAL TRUST DEED AND ASSIGNMENT .3F RENTS IS GIVEN AS ADDITIONAL SECURAY
<br />r'
<br />AM IN CONSIDERATION OF THE ORIGINAL LOAN, LOAN NO. 842 -2U- 9297254. IN THE EVENT OF DEFAULT
<br />UNDER TIM TCRMS AND CONDITIONS OF THE NOTE AND TRUST DEED AND ASSIGNMENT OF RENTS RECORDED A
<br />DOC(1HENT NO. 87- 105158 OF THE REAL ESTATE RECORDS OF GZLL COUNTY, NEBRASKA, IN CONNECTION WI
<br />ORIGINAL LOAN OR DEFAULT UNDER THE 'PERMS WD CONDITIn"N"r OF THIS SUPPLEW." -4TAL TRUST DEED AND
<br />t
<br />RENTS MAY BE FUitc LOSED AS ONE AND
<br />ASSIGNMENT OF RENTS, ALL TRUST DEEDS .1,VD ASSIt;.YMENT )c C
<br />! t""
<br />$
<br />BENEFICIARY MAY EXERCISE IT'S REMEDIES AS PROYTIzyly HEREIN.
<br />tiogeemsr wit► aft Twows dgk title, and interest In do property. now (or tmiufter acquired, including: all buildings. funeutes. crops. and improvements
<br />i
<br />now an or hanoft sr p1eced trpun the property: d appurk neecas. wrater, rrrigafwrt, and ckawwige rights; d rents. issues, uws. inso'l'e, profits. and da'his
<br />b possession. off Oil. /as, prawl. rod4 or of ler minsrds of wwatewr'satins. inducing gwlhermai resources. all personal properly that may ntagrafly
<br />{
<br />bslarg b air bamststfter beoorns an MNgral part of 1M real esaa whii"r srlwiwd or detached, including any appursenuroes and aocartrenronts Of! any
<br />dlsilura :wiidi6:ri9 s3eur d Iwatrby; at= above W Ki b:;ww gmurd keWcrz - ci;vipmont mw ec^esw. iw:• aril na lasses. permits. licenses. or oriviaces.
<br />apps rbnant or rnornppurbrwt to the property. now or hereafter issued, exts+nded or renewed by Twslor(s), any Star. the UrHW States, or any
<br />ieparbtrwm- bureau, katrumm ft. or apw►oy thereof. The forego' g is coWxlhwiy 'elm s ri b in this doeumem at the "Property.'
<br />It Y auttdstetsod ttutd agreed baewcen Tram"&) arw BaraEClary that ehls Trust Deed Is given to sewn:
<br />i
<br />O.e�i..ery netameli :mmu® by Tribsm rs) in Boor atidery described as follows:
<br />- - - prLnd�ost Ameunt Data er Nor 1�10dOd�glhal
<br />OdL2UkO
<br />July 29, 1987 $105,000.00
<br />payable s000tdirtg b the terms dew noWs). sr►d any addstrdrxns to. reenwrbzabon or rawauritg of tit" nots(s).
<br />i
<br />The tep ynterrt in fuN for Trustor(e) d any and au future and additional bans or advances which may be made by B"r,stiaary, w its option. at the
<br />req,,sst d, and b a for tM account d Tnusbr(s), or any of tretn, for any purpose. plus irttsrat on d boars or advartoes, under any note( ") or gins'
<br />Ytetnrrtart(e) modayintp, rofrrartdrtg, ax{atnding rarrasring, taarnortairtg. a restr,rctrastg, new erasing, w addiwnal Ytdabledress a any part ersreot,
<br />d p,Tyabie a000ltirrp b tie tame d ire noM(s) a other inattattertt(s): provided, frotwetatr, that time bW principal irdebMdnaas outsterrsfirg and
<br />�
<br />ofr�MMdllefelyyal�lyaMalNwlllnOtexOaadeesYfrlO (O�j„iiLTNDFL FTVF THO[ISAND AND 11i8�1t10------------ - - - -�-
<br />-------------------------------- - -DDLLA S (s ), exclusive of interest and pralechw
<br />advrtoes w herein or the boats sgreanwntls). provided further, that HIS PARR PH SHALL NOT CONSTITUTE A COMMITMENT TO
<br />MAKE FURTHER OR ADDMONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INOEBTEONESSS
<br />ABM HAS BEEN ADVANCED.
<br />(Al The repayntsrtt in kill by Trusbr(s) of aU simounu advanced by 8wwbe ary wits option. to or on behan of Trustor(s) as protective advances
<br />wetorized hash, h the ban agrasntenl(a), Orin other nstrummi(s) which avK*nw awh adva noes. plus nta"st on all such advances. payable as
<br />provided in ew nola(s). loan sgiewrool(s), a othw rnstrutrengs)
<br />14 The payment in full Of any and art Othwr past, present. Of lulin. dirw or con ngani. debts and t aWles of Tnubrls) to Berwhoary of any rains
<br />;
<br />tar.
<br />This Trtsat DOWwo be &N._ December 1 —; 002 .. _ or upon the PalrfAehI in fun of all sums semred hereby
<br />.
<br />Trumna) hereby wetness Vial 1na1Dr(s) hour mss WTOO toe to tt* above d".bW pnrp". eraf Trusrb(e) has sib a•a 1& *?j a,,'tia•y a d.ad snit ellcv DW rw
<br />sane, to to propety is rtes and der of all buy"encumb•atkas. saospr ttncumbamm o+ •000+d. and rut T•uaao•Irl w.t wrmnt and 6w4na •ro waWty. a.
<br />Tnrslorte) cerise.sparear7Ga,manwwhonsWlAr Tr ustarts) also harrbyvu &weband4rW"hesw •e•.',o: do* n, •.o�vstaad d&1r -t) %Miens' •v•submponn
<br />1 � and to rl+a stars dseorbed prcorM - - -- -- - ^ -- _ � 1
<br />L ,
<br />,; ""
<br />t
<br />I
<br />
|