I
<br />90- io�e4C
<br />NOTIFICATION OF USE OF TRUST DEED
<br />TO SECURE PERFORMANCE OF OBLIGATION
<br />The undersigned horoby 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 sale provided for to the trust deed provides substantially different rights and obligations to tho truslor than a
<br />mortgage in the event of a default or breach of obligation.
<br />Dated and executed on the 10t11 day of October 14 9D if or
<br />to execulion of the following Trusl Deed.
<br />pai'inert -
<br />TRUST DEED
<br />THIS TRUST DEED, made this 1f1 day of Oftow 9D
<br />by and among tlomes , Rmwt and Paula R�tfert, HuSbafld t�trttl Gdife. _.
<br />g _�
<br />whose mailing address is Route IL -Bon 275 . Quid WaW HE
<br />1herem "Truster .): and - l W B0* end 7h t.axww o£. Grand ls1 gKl --
<br />2004. North Webb..RQad, P.O. Box 5166. Qrmd �slald - . 6Ht 1R
<br />• • : r••, whose mailing address is _ - _ _.
<br />(heroin "Trustee'). and !iqn B and Trust GmWY .of Grand Island ..
<br />whose mailing address Is --20. U-NANOW. .- P.O.. FOU. 51w, GWJd TiaiiiZilu _its ..... -.. ;herein 'Snneilclbry 'j.
<br />FOR VALUABLE CONSIDERATION, Trustor Irrevocably grants, transfers, convoys and assigns to Trustee. INTRUST. WITH POWER OF SALE,
<br />for the benefit and security of 8��;eirciary, under and subject to the terms and condiliona of this Trust Deed, the followrngdescrlbed real properly.
<br />located In ___ . -.. _ -- -- -ll -,- ._ - _-. - - - .. - .- . - - - - - - - County. Nebraska
<br />'file Northeast Q= ter- (NE 1/4) of Section Falrteen (14), in Township rltrelve (12) North, Range Ten (10),
<br />West of the Sixth (6) P.M., Hall Comity Nebraslm.
<br />- TOGETHER WITH all of the following, whether now owned or hereafter acqui red. ►ants. profits. loyalties. income and other benefits derived from
<br />- Illra rtaal mnnrarlu tai[ Noun. nr orAl��u� wnua•.nn .h. .eel n•nnnrr.. ... n .rim•. r6s.en1 ell .nre.e.r� ..�r�m ... ..rls• nl n,ma hn.h m tar. sort .n
<br />equity In the real property. all homestead exemptions which are hereby released and waived. all easenients rtghts•uf -way lenen+enit;
<br />heredltamenlri; all oil and gas rights and profits, water rights. all right. title and Interest of T rustoi , in and to any land tying within the right • of -way of
<br />Any, street or highway adjoining the real properly, any and all buildings. fixtures. improvements and appurtenances now or hereafter erecled
<br />thereon or belonging thereto, (herein referred to as "Improvement' or "Improvements' ) and any and all awards made for the taking bye wrient
<br />I domain, or by any proceeding or purchaise In lieu thereol. of the whole or any pail of the renal properly Ad of the foregoing estate property and
<br />interest eonv,iyad to Trustee herein cotleehvely tolarrod to as the Property
<br />FOR THfb PURPOSE OF SECURING
<br />Is) The payment o1 mdvbtedness evidenced by Truslur s note or guarantee I Note I dated October 10, 11 90
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<br />t in the principaal(lyys•'��u�/my'��of 1FR d1F 11M Bt}( wd Oy/10 11M iFM iHF M1F Mw 1111 ill► Mi M1F M1F 1tiF Itit e1F MIF M+F Mff I „ I,,r
<br />,iS/aSBAAD I. together with Interest at the rate ciriatesprov .dea the,vin andurt•pt ^t ,p,,�,inginl.• `� " I+�
<br />future advances evidenced by promissory notes or guarantees staling they are Secured hereby ,list dny ,Ind ai I re nPW d'ti r +� ' 1 1, tr t `•1
<br />.extensions thereof, bothpnnapalandintetestbeingpayableindccordance wrfhlll,'terms set frnth toter ..m *huht,ytN,cn+:prw,tn .t.t.• I�t,et
<br />hereof
<br />Ili) The performance of each agreement and covenant of Trustor herein cnnt:ened ,Ind
<br />Icl The payment of any sum or sum& of money which may hrr hi-redflet p,e t 1.,,.., ..,t iy u,.. N,•.•, r., .,,,� .,..It.. n.,•
<br />together with Interest thereon at the rate provided in Ilia Nole
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